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.
Insider & Institutional Ownership
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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>>>
It took a while to get going, but Arqit Quantum (NASDAQ:ARQQ) shares finally took off following Wednesday morning’s news of a new business agreement. Namely, shares of the UK-based cybersecurity outfit ended today’s session 26.5% higher on the heels of an announcement that it would be exploring network security opportunities with Juniper Networks (NYSE:JNPR).
If you’ve never heard of the company, don’t sweat it. Arqit Quantum has only been a publicly traded company since late last month when it combined with Centricus Acquisition,....More>>>
OpenDoor Technologies (NASDAQ:OPEN) was founded to automate the back-end of housing retail. That’s a laudable goal. But OPEN stock is not content being the dealer in this market. Instead, the company has become a player, raising cash to buy houses on its own.
Brother and sister Hassan and Shara (not their real names) came to America as children of immigrants. Their family settled in a suburb of Detroit. Their parents struggled to provide the necessities of life, with their mother staying at home, as was the tradition, and the
Six straight down days on the Dow and S&P 500... Five straight losses on the NASDAQ. It's just after opening on Wednesday, and it looks for all the world like the markets are on track for their worst month since October.
AppLovin Co. (NYSE:APP) CMO Katie Kihorany Jansen sold 50,000 shares of AppLovin stock in a transaction on Friday, August 20th. The stock was sold at an average price of $69.50, for a total transaction of $3,475,000.00. The transaction was disclosed in a legal filing with the SEC, which can be