|Bid||11.18 x 1200|
|Ask||15.09 x 900|
|Day's range||11.42 - 11.71|
|52-week range||8.50 - 12.51|
|Beta (5Y monthly)||1.25|
|PE ratio (TTM)||10.11|
|Earnings date||31 July 2023 - 04 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||14.75|
Petrobras (PBR) seeks reconsideration of Ibama's environmental license denial, citing compliance with requirements and commitment to environmental protection.
A fire incident at Marathon Petroleum's (MPC) Galveston Bay refinery leads to a worker's death, raising concerns regarding safety within the facility.
Chevron (CVX) set to acquire PDC Energy for $6.3 billion in an all-stock deal, bringing the enterprise value to $7.6 billion.
Cheniere's (LNG) subsidiary, Cheniere Marketing, signs a long-term liquefied natural gas sale and purchase agreement with Korea Southern Power Co. Ltd for more than two decades.
Ovintiv (OVV) expects CapEx of $590-$630 million for Q2 and $2.6-$2.9 billion for 2023, with crude oil and condensate volumes of 170,000-174,000 bpd and natural gas production of 1,525-1,575 MMcf/d.
Suncor Energy (SU) anticipates production and capital spending in the range of 740,000-770,000 boe/d and C$5.4-C$5.8 billion, respectively, for 2023.
EnerCom, Inc. announced today that registration is open for EnerCom Denver® - The Energy Investment Conference. Institutional investors, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now for EnerCom Denver - The Energy Investment Conference, which will take place August 13-16, 2023, at the Westin Denver Downtown.
Canadian Natural (CNQ) anticipates total capital expenditures of C$5.2 billion and production of 1,330,000-1,374,000 BOE/d for 2023.
Delek US (DK) projects $350 million in capital expenditures for the full-year 2023. It expects to spend $202 million on Refining, $81 million on Logistics, $31 million on Retail and $36 million on Corporate/Other.
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Magellan (MMP) projects free cash flow of $1.1 billion and net income per unit of $4.95 for 2023. It also expects refined product rates to increase 11% on Jul 1, 2023.
Targa (TRGP) expects an adjusted EBITDA of $3.5-$3.7 billion, growth capital expenditures of $2-$2.2 billion and net maintenance capital spending of $175 million for 2023.
Northern Oil (NOG) expects annual production of 91,000-96,000 Boe/d, oil-mix of 62-64% and total capital spending of $737-$778 million for 2023.
Pembina Pipeline (PBA) expects to maintain a debt-to-adjusted EBITDA ratio of 3.3 to 3.6 by 2023, with adjusted EBITDA guidance in the C$3.5-C$3.8 billion range for 2023.
ProPetro (PUMP) expects 2023 CapEx spending in the range of $250-$300 million. Fleet utilization is projected between 15 and 16 fleets for the second quarter.
Cheniere Energy (LNG) projects distributable cash flow in the range of $5.7-$6.2 billion and adjusted EBITDA in the band of $8.2-$8.7 billion for 2023.
Magnolia (MGY) expects to spend $100 million on drilling and completion activities in the second quarter of 2023.
Transocean (RIG) expects adjusted contract drilling revenues of $735 million, operations and maintenance expenses of $460 million, net interest expenses of $118 million, capital expenditure of $100 million and cash taxes of $15 million for the second quarter.
TC Energy (TRP) expects to spend C$34 billion in 2023. The company projects comparable EBITDA growth of 5-7%.
VREX, LGND, RNGR, SIGA and KMT have been added to the Zacks Rank #1 (Strong Buy) List on May 5, 2023.
RNGR, TEX and SIGA made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 5, 2023.
NOV issues a positive outlook for 2023, with a low-double-digit EBITDA margin and a mid-single-digit revenue increase in Completion & Production Solutions segment.
Imperial Oil (IMO) expects capital expenditures of C$1.7 billion and production levels of 135,000-140,000 b/d for Cold Lake in 2023.
M/I Homes, PVH, Concrete Pumping, Telefonica Brasil and Ranger Energy have been highlighted in this Screen of The Week article.
We have screened value stocks MHO, PVH, BBCP, VIV and RNGR based on the EV-to-EBITDA ratio, which offers a clearer picture of valuation and earnings potential.