Latest news with #AngusMordant
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
Podcast: Why Americans Are Turning to Discount Stores
A Five Below store in Hudson, N.Y. The low-cost retailer raised its annual guidance. (Angus Mordant/Bloomberg News)
Toronto Sun
09-05-2025
- General
- Toronto Sun
Air traffic controllers briefly lose radar access again at Newark airport
Published May 09, 2025 • 1 minute read A United Airlines plane lands at Newark Liberty International Airport. Photo by Angus Mordant / Photographer: Angus Mordant/Bloo The air traffic controllers directing planes into the Newark, New Jersey, airport lost their radar Friday morning for the second time in two weeks. The Federal Aviation Administration said the radar at the facility in Philadelphia that directs planes in and out of Newark airport went black for 90 seconds at 3:55 a.m. Friday. That's similar to what happened on April 28. That first radar outage led to hundreds of flights being cancelled or delayed at the Newark airport in the past two weeks after the FAA slowed down traffic at the airport to ensure safety. The FAA said earlier this week that it is installing new fiber optic data lines to carry the radar signal between its facilities in Philadelphia and New York. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Canada Toronto & GTA Canada Toronto Maple Leafs Columnists
Forbes
14-04-2025
- Business
- Forbes
Why Matador Resources Isn't Following The Oil Rally?
A gas flare burns at a Matador Resources Co. site in the Permian Basin area of Loving County, Texas, ... More U.S., on Saturday, Dec. 15, 2018. Photographer: Angus Mordant/Bloomberg Despite a robust 23% annual sales growth and strong net margins of 25%, Matador Resources stock (NYSE: MTDR) has traded largely flat over the past three years. What accounts for the gap between solid business performance and stagnant stock returns, and could this present a potential buying opportunity? Several elements have contributed to investor caution regarding Matador. The company's operations are highly concentrated in the Delaware Basin, making it vulnerable to geographic risk. Moreover, as an energy company, Matador is subject to the sector's cyclical nature and geopolitical volatility. Financial concerns also weigh on sentiment. The company carries significant debt of roughly $3.4 billion, while holding less than $25 million in cash. Recent market trends have compounded pressure, with crude oil prices dropping more than 20% since peaking in mid-January 2025 following tariff-related developments. For investors seeking growth with less single-stock risk, the High-Quality portfolio offers a compelling alternative, with returns exceeding 91% since inception, outperforming the S&P 500. Despite these headwinds, the investment case for Matador remains strong. It is an undervalued, efficiently run U.S. shale producer generating healthy free cash flow and positioned to benefit from rising global energy demand. The market appears to be underestimating the stock due to short-term concerns around capital spending and broader economic uncertainty. Relative to peers like APA, CHRD, DVN, and MGY, Matador trades at a notable discount. MGY, for instance, has a price-to-earnings ratio above 10 with 7% annual revenue growth and 27% net margins, while MTDR trades at just 5 times earnings despite stronger 23% sales growth and similar 25% margins. Potential upside catalysts include pro-fossil fuel policies under the Trump administration that could reduce regulatory friction and support growth. On the technical side, MTDR currently trades near the low end of its historical range, with analysts setting average price targets around $72—nearly 90% above the current $38 level. Concerned about MTDR's volatility? The Trefis High Quality Portfolio, comprised of 30 stocks, has consistently outperformed the S&P 500 over the past four years. What's the secret? These companies, as a group, deliver superior returns with reduced volatility compared to the broader market, as seen in the HQ Portfolio performance metrics. Invest with Trefis Market Beating Portfolios | Rules-Based Wealth
