Pinterest (NYSE:PINS) stock still looks very undervalued even though it has fallen 29.5% from a recent high close of $80.29 on July 6. This is based on the company’s recent earnings and the fact that it produced significant free cash flow (FCF). At a closing price of $56.59 on Sept. 3, PI
PetroleoBrasileiro S.A.or Petrobras (PBR Quick QuotePBR ) recently announced that it completed the transfer of its 10% stake in the Lapa field to global integrated oil and gas company TotalEnergies (TTE Quick QuoteTTE ) .
The deal, which also included the assignment of Petrobras Netherlands B.V.’s (PNBV) whole interest in Lapa Oil & Gas B.V., a business in Holland, was concluded with the payment of $49.4 million to Petrobras with contract changes.
The Lapa field (BM-S-9A block) has its address in the pre-salt area of the Santos Basin. Its average output in the....More>>>
ONEOK, Inc. (OKE Quick QuoteOKE ) is well-poised to gain from improved fee-based earnings and midstream assets located in the higher productive regions.
The Zacks Consensus Estimate for the company’s 2021 earnings is pegged at $3.29 per share, suggesting growth of 131.69% from the year-ago reported figure. The consensus mark for revenues stands at $15.45 billion, indicating an increase of 80.88% from the prior-year reported number. The long-term (three to five years) earnings growth rate of ONEOK is 6%.
Evolution Petroleum (EPM Quick QuoteEPM ) came out with quarterly earnings of $0.07 per share, missing the Zacks Consensus Estimate of $0.09 per share. This compares to loss of $0.03 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -22.22%. A quarter ago, it was expected that this oil and gas company would post earnings of $0.04 per share when it actually produced earnings of $0.04, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates two times.
Lekoil (OTCMKTS:LEKOF) and Kimbell Royalty Partners (NYSE:KRP) are both small-cap oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their dividends, earnings, analyst recommendations, institutional ownership, valuation, risk and profitability.
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25.0% of Kimbell Royalty Partners shares are held by institutional investors. 14.2% of Kimbell Royalty Partners shares are held by company insiders. Strong institutional ownership is an indication....More>>>
Per a detailed damage survey undertaken by Royal Dutch Shell plc , Hurricane Ida caused a severe structural destruction to its West Delta-143 (WD-143) offshore facilities, inducing the same to remain offline for repairs.
Production from Shell’s properties in the Gulf of Mexico’s Mars corridor is transferred to onshore crude and natural gas terminals through its WD-143 sites.
The company hopes to restart production activity in the fourth quarter of 2021 from its Olympus platform, which flows through the WD-143 C facility. Also, it anticipates output generation from....More>>>
Wambolt & Associates LLC boosted its position in AbbVie Inc. (NYSE:ABBV – Get Rating) by 3.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 25,401 shares of the company's stoc
Copart, Inc. (NASDAQ:CPRT) – Investment analysts at Jefferies Financial Group raised their Q1 2022 EPS estimates for Copart in a report issued on Thursday, September 9th. Jefferies Financial Group analyst B. Jordan now anticipates that the business services provider will post e
Oil prices pushed past $70 for the first time in a month in late-day trading Thursday. The rally is breathing new life into the energy sector, which is up 2.5% at this writing. For the past quarter, energy stocks have been lagging the broader market, so shareholders are cheering the newfound st
Companies in the Semiconductor – General industry are at the forefront of the ongoing technological revolution based on HPC, AI, automated driving, IoT and so on. These semiconductors also enable the cloud to function and help analyze the data into actionable insights that can be use
Shares of Alpine Income Property Trust, Inc. (PINE Quick QuotePINE ) gained 1.2% after the company announced a 2% sequential hike in its third-quarter cash dividend. It will now pay out a dividend of 25.5 cents per share, up from 25 cents disbursed in the prior quarter. The increased d