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The Star
27-05-2025
- Business
- The Star
SETTING THE STAGE FOR ENERGY ASIA
WITH Asia poised to shape the future of the global energy transition, PETRONAS is setting the stage for its flagship conference Energy Asia 2025 through its pre-event, Lunch Escape, aimed at sparking awareness and driving anticipation. Through this recent event that brought together media and communication professionals, PETRONAS and its partners offered a glimpse into the key themes and experiences that will anchor the upcoming conference – from energy security and renewables to innovation and public engagement. A louder voice for Asia As the world races to deliver net-zero commitments, Asia – home to more than half the global population and accounting for a significant share of future energy demand and greenhouse gas emissions – is emerging as the epicentre of the energy transition conversation. The PETRONAS Energy Asia team with event partners and collaborators,offering insights and highlights leading up to the main Energy Asia conference. Yet, its voice is often underrepresented on the global stage. Organised by PETRONAS in collaboration with CERAWeek by S&P Global, the Energy Asia conference, to be held from June 16 to 18 at the Kuala Lumpur Convention Centre (KLCC), positions Asia at the centre of the global energy dialogue. This year, the conversation will also feature speakers from countries in the Asean region, sharing how they are tackling energy problems with solutions specific to their nation. 'It's time for Asia to lead the conversation, not just participate in it,' said PETRONAS group strategic relations and communications vice president Norafizal Mat Saad during his opening remarks. 'With the world's eyes on energy, we must be bold in defining our path forward – on our terms.' Held for the second time, Energy Asia 2025 will serve as a high-level platform for Asian nations to articulate their priorities and challenges in pursuit of a just, inclusive and pragmatic energy future. More than 4,000 delegates and over 180 global speakers are expected to participate in 50 strategic dialogues covering _policy, markets, technology and sustainability. PETRONAS' Road to Energy Asia event, a prelude event offering insights and highlights leading up to the main Energy Asia conference. Addressing Asia's unique energy needs During the panel discussion at Lunch Escape, PETRONAS senior general manager for Energy Asia and strategy, planning and governance, group strategic relations and communications, Datin Arni Laily Anwarrudin, said the conference would empower regional leaders to share solutions developed in the context of local realities. 'We are seeing more countries in South-East Asia taking an active role in designing their own energy pathways – ones that are inclusive and pragmatic. 'Energy Asia is where those real-world challenges and solutions can be shared,' said Arni. She added that the conference will spotlight Asia's approach to balancing energy security and affordability while accelerating the energy transition. 'The region's journey is not linear. It involves finding synergies across traditional and emerging energy sources – and that's a conversation worth elevating.' In line with this, Arni shared that the event will also host sessions on financing the transition, integrating circular economy principles and empowering communities through energy access and education. Powering partnership and innovation Adding to the conversation, S&P Global Commodity Insights regional head of Asia Pacific, consulting and CERAWeek Smarco Ho reinforced the need for regional collaboration in tackling the energy transition. 'Asia cannot transition in silos. The complexities here are vastly different from other regions – be it infrastructure, population density or energy mix. 'Forums like Energy Asia are essential to forge connections and co-develop solutions tailored for this region,' said Ho. Innovation and digitalisation will also be high on the agenda. Amazon Web Services (AWS) country manager for Malaysia Peter Murray noted that emerging technologies and digital tools are key enablers of a low-carbon future transformation. 'Innovations like AI, cloud computing and machine learning are already transforming how we optimise energy efficiency, predict demand and manage emissions,' said Murray. 'Our focus is to empower energy players, both traditional and renewable, with the tools they need to make data-driven decisions at speed and scale.' AWS, a strategic partner for the event, will support startup incubation, providing access to technical expertise, cloud credits and venture capital networks. At the Lunch Escape, Norafizal says it is time for Asia to lead the conversation. They will also host generative AI workshops at Energy Park, a newly added feature to the conference, designed to encourage hands-on learning and experimentation with emerging technologies. According to Ho, the diversity of strategies across Asia is exactly why the region needs its own platform. 'This isn't a one-size-fits-all discussion. Countries like China, India and Malaysia are pursuing very different strategies – and that's the point. Asia needs a forum where these differences can be celebrated, debated and understood.' Engaging the public on the transition Beyond business and policy, the energy transition also requires public understanding and engagement. Arni said we cannot achieve this transition alone. 'Engaging the public – especially the next generation – is crucial to building long-term support for sustainable energy policies and practices,' she said. As the countdown to Energy Asia 2025 begins, PETRONAS is making a clear statement: Asia is not just participating in the energy transition, it is ready to lead. For more information, click here.
The Star
15-05-2025
- Business
- The Star
PETRONAS sets stage for Energy Asia 2025, highlights Asia's energy transition path
KUALA LUMPUR: Petroliam Nasional Bhd (PETRONAS) gathered nearly 100 media and communications professionals from over 30 organisations for a lunch talk titled 'Road to Energy Asia 2025', aiming to build momentum ahead of its flagship energy conference next month. The session offered a preview of the upcoming Energy Asia 2025, set to take place from 16 to 18 June at the Kuala Lumpur Convention Centre. Organised by PETRONAS in partnership with CERAWeek by S&P Global, the event will convene policymakers, business leaders and energy experts to explore Asia-led strategies for accelerating the global energy transition. With the theme 'Delivering Asia's Energy Transition', the conference will highlight collaborative solutions to drive energy security, scale renewable energy, and deploy decarbonisation technologies across the region. PETRONAS senior general manager of strategic communications, Siti Azlina A Latif, emphasised the importance of multi-stakeholder engagement in transforming the energy landscape. 'The energy transition cannot be achieved in isolation. Public and private sector collaborations as well as public education is key to driving the transformation of the energy landscape and supporting ecosystems,' she said in a statement. Energy Asia 2025 will feature more than 180 global speakers and is expected to draw over 4,000 delegates from 50 countries. Its programme includes over 50 strategic dialogues under themes such as energy policy, markets, innovation, capital, sustainability, and talent development. Separately, the Energy Park, a core component of the event, will serve as a hub for technology showcases and innovation dialogues. It will bring together startups, technologists, investors and policymakers to highlight breakthroughs in areas such as AI, low-carbon fuels, mobility, and the circular economy. PETRONAS aims for Energy Asia 2025 to be a platform that not only sparks discourse but also delivers actionable solutions that can support a just, inclusive and practical energy transition for the region.
Forbes
07-05-2025
- Business
- Forbes
Will Q1 Results Move ConocoPhillips' Stock Down?
HOUSTON, TEXAS - MARCH 11: Left to right, Daniel Yergin Vice Chairman, S&P Global, moderates as ... More TotalEnergies Chairman and CEO, Patrick Jean Pouyann and ConocoPhillips Chairman and CEO, Ryan Lance participate in a discussion panel at CERAWeek by S&P Global in Houston, Tuesday, March 11, 2025. (Kirk Sides/Houston Chronicle via Getty Images) Houston Chronicle via Getty Images ConocoPhillips (NYSE: COP) is set to announce its fiscal first-quarter earnings on Thursday, May 8, 2025, with analysts forecasting earnings of $2.05 per share on $15.91 billion in revenue. This would signify a 1% year-over-year growth in adjusted earnings, alongside a 15% increase in sales compared to the previous year's figures of $2.03 per share and $13.79 billion in revenue. Historically, COP stock has exhibited a pattern of underperforming after earnings announcements, having declined 58% of the time with a median one-day drop of 1.6% and a maximum observed decline of 6%. ConocoPhillips has strategically transformed itself into a low-cost oil producer by divesting high-cost assets and reallocating capital into more efficient, lower-cost resources. This shift culminated in the $22.5 billion acquisition of Marathon Oil, which contributed over two billion barrels of oil and gas reserves. The acquisition further reinforced ConocoPhillips' resource base, which now surpasses 20 billion barrels with an average supply cost of $32 per barrel. Despite ongoing global economic uncertainty amid persistent trade tensions between the U.S. and major partners, ConocoPhillips remains financially robust. The company anticipates generating enough cash flow to support its $12.9 billion capital investment plan for maintaining and increasing production this year. With a market capitalization of $111 billion, the company reported $55 billion in revenue over the past twelve months, alongside $13 billion in operating profit and $9.2 billion in net income. For event-driven traders, historical patterns may provide an advantage, whether by positioning themselves prior to earnings or responding to post-release movements. That said, if you are seeking upside with less volatility than individual stocks, the Trefis High Quality portfolio offers an alternative, having outperformed the S&P 500 and generated returns exceeding 91% since its inception. See earnings reaction history of all stocks . ConocoPhillips' Historical Odds Of Positive Post-Earnings Return A few insights on one-day (1D) post-earnings returns: There are 19 earnings data points recorded in the last five years, with 8 positive and 11 negative one-day (1D) returns noted. In summary, positive 1D returns occurred approximately 42% of the time. and one-day (1D) returns noted. In summary, positive 1D returns occurred approximately 42% of the time. Significantly, this percentage increases to 45% if we consider data from the last 3 years instead of 5. The median of the 8 positive returns = 1.8%, and the median of the 11 negative returns = -1.6% Additional data for observed 5-Day (5D) and 21-Day (21D) returns post-earnings is summarized along with the statistics in the table below. COP 1D, 5D, and 21D Post Earnings Return Trefis Correlation Between 1D, 5D, and 21D Historical Returns A comparatively less risky approach (though ineffective if the correlation is low) is to comprehend the correlation between short-term and medium-term returns after earnings, identify the pair with the highest correlation, and carry out the relevant trade. For instance, if 1D and 5D demonstrate the highest correlation, a trader can take a "long" position for the next 5 days if the 1D post-earnings return is positive. Below is some correlation data based on 5-year and 3-year (more recent) history. Please note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and subsequent 5D returns. COP Correlation Between 1D, 5D, and 21D Historical Returns Trefis Discover more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a mix of all 3, the S&P 500, S&P mid-cap, and Russell 2000), delivering strong returns for investors.
Yahoo
05-05-2025
- Business
- Yahoo
Is Schlumberger Limited (SLB) the Most Undervalued Energy Stock to Buy According to Hedge Funds?
We recently published a list of the 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Schlumberger Limited (NYSE:SLB) stands against other undervalued energy stocks. As of the close of May 2, 2025, the overall energy sector is undervalued by 13.1%, as compared to the general market's undervaluation of 5.3%. The current downturn in the energy sector is primarily attributed to the current trade war sparked by President Trump's tariffs and its resultant forecasted global economic slowdown. Moreover, global crude oil prices have plunged heavily since last month, with the West Texas Intermediate (WTI) crude price currently hovering around the $56 mark – a level it last hit during the Covid-19 pandemic in 2021. READ ALSO: Top 15 Energy Companies With the Highest Upside Potential Crude oil took a fresh hit this weekend after OPEC+ stunned the market by announcing a larger-than-expected output increase for June. This follows a similar surge announced for May and signals a sharp reversal from the group's efforts to defend crude prices. It seems like Saudi Arabia has adopted a low-price strategy, aiming to discipline overproducing members like Kazakhstan and Iraq. This could also be a part of Riyadh's efforts to build good relations with Donald Trump, who has recently been calling on the Kingdom to increase production in order to bring prices down. Given the high volatility in the market, it comes as no surprise that short-sellers marginally increased their bets against oil and gas stocks in March, with short interest in the energy sector reaching 2.58% compared to 2.52% in February. That said, while oil may be presenting a bleak outlook, there are other sectors within the energy business that look very promising right now. A significant growth driver for the global energy industry is the ongoing AI boom and its accompanying power-hungry data centers. According to the International Energy Agency, the global electricity demand from data centers is set to more than double by 2030 to around 945 terawatt-hours (TWh), slightly more than the entire electricity consumption of Japan today. The rise of AI is also reshaping US power markets, as according to BNEF, the country's data center demand is projected to rise from 3.5% of total electricity demand today to 8.6% by 2035. Big Tech seems to have jumped headfirst into the AI boom, with commitments to invest hundreds of billions of dollars to build data centers and ensure their energy supply. In fact, this strategic move has injected new life into sectors such as nuclear, which has regained the spotlight after several tech giants met on the sidelines of the CERAWeek conference in March and signed a pledge to support the goal of at least tripling the world's nuclear energy capacity by 2050. That said, there have been concerns lately that the power demand required by the ballooning data center industry may have been overestimated, which led to several energy stocks posting significant declines not so long ago. However, the recently reported better-than-expected results from the cloud and AI businesses of some American tech giants suggest that these fears may have been overblown. Commercial real estate executives have stated that while there has been a 'pause' in some data center capex, it is likely to be temporary, with hundreds of billions of dollars still to be spent. An aerial view of a well site, depicting the scale of oil and gas operations. To collect data for this article, we looked for companies operating in the energy sector with forward P/E ratios of below 15 as of the close of May 2, 2025. Then, we identified companies that have delivered substantial returns over the last five years, in order to steer clear of potential value traps. In the end, we selected companies with the highest number of hedge fund holders in the Insider Monkey database, as of Q4 2024. The following are the Most Undervalued Energy Stocks According to Hedge Funds. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). No. of Hedge Fund Holders: 80 Forward P/E Ratio as of May 2: 10.42 Schlumberger Limited (NYSE:SLB) is the world's leading provider of technology for reservoir characterization, drilling, production, and processing to the global energy industry. The company's clients include major oil and gas producers worldwide. Schlumberger Limited (NYSE:SLB) slightly fell short of Wall Street consensus in Q1 2025, as its revenue of $8.49 billion missed estimates by $102.5 million. Latin America revenue fell 10% to $1.50 billion, with total international revenue declining 5% to $6.73 billion. However, North America posted an 8% YoY revenue increase, partly supported by strong growth in data center infrastructure. The company's adjusted EPS of $0.72 also fell slightly below expectations by $0.01, primarily due to a significant reduction in drilling activity in Mexico. Given the recent volatility in the oil and gas industry, SLB has also made progress in expanding beyond fossil fuels, and its combined revenue from CCS, geothermal, critical minerals, and data center solutions is on pace to visibly exceed $1 billion in 2025. Schlumberger Limited (NYSE:SLB)'s cash flow from operations more than doubled to $660 million in Q1 2025, while its free cash flow came in at $103 million. The company has committed to returning more than 50% of its free cash flow to shareholders and expects to return a minimum of $4 billion to shareholders through dividends and share repurchases this year. Ariel Investments stated the following regarding Schlumberger Limited (NYSE:SLB) in its Q1 2025 investor letter: 'Additionally, we purchased Schlumberger Limited (NYSE:SLB), the largest oilfield services company in the world by revenue. SLB provides equipment, services and digital tools to help oil and gas producers operate more efficiently, including reservoir characterization, rig and well construction and production enhancement. We believe the company's scale and technical expertise are key differentiators. Weak near-term demand, an oil glut, falling commodity prices and concerns about future spending amid a global shift to renewable energies presented an attractive entry point. We believe there are tailwinds supporting rising demand over the medium-term, as national oil companies invest in long-cycle projects to grow capacity and address the natural decline of production. Additionally, we expect SLB will continue to evolve their capabilities to help clients with rising energy needs going forward.' Overall, SLB ranks 4th on our list of the most undervalued energy stocks to buy according to hedge funds. While we acknowledge the potential of SLB as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SLB but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at . Sign in to access your portfolio
Yahoo
05-05-2025
- Business
- Yahoo
Is Exxon Mobil Corporation (XOM) the Most Undervalued Energy Stock to Buy According to Hedge Funds?
We recently published a list of the 10 Most Undervalued Energy Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Exxon Mobil Corporation (NYSE:XOM) stands against other undervalued energy stocks. As of the close of May 2, 2025, the overall energy sector is undervalued by 13.1%, as compared to the general market's undervaluation of 5.3%. The current downturn in the energy sector is primarily attributed to the current trade war sparked by President Trump's tariffs and its resultant forecasted global economic slowdown. Moreover, global crude oil prices have plunged heavily since last month, with the West Texas Intermediate (WTI) crude price currently hovering around the $56 mark – a level it last hit during the Covid-19 pandemic in 2021. READ ALSO: Top 15 Energy Companies With the Highest Upside Potential Crude oil took a fresh hit this weekend after OPEC+ stunned the market by announcing a larger-than-expected output increase for June. This follows a similar surge announced for May and signals a sharp reversal from the group's efforts to defend crude prices. It seems like Saudi Arabia has adopted a low-price strategy, aiming to discipline overproducing members like Kazakhstan and Iraq. This could also be a part of Riyadh's efforts to build good relations with Donald Trump, who has recently been calling on the Kingdom to increase production in order to bring prices down. Given the high volatility in the market, it comes as no surprise that short-sellers marginally increased their bets against oil and gas stocks in March, with short interest in the energy sector reaching 2.58% compared to 2.52% in February. That said, while oil may be presenting a bleak outlook, there are other sectors within the energy business that look very promising right now. A significant growth driver for the global energy industry is the ongoing AI boom and its accompanying power-hungry data centers. According to the International Energy Agency, the global electricity demand from data centers is set to more than double by 2030 to around 945 terawatt-hours (TWh), slightly more than the entire electricity consumption of Japan today. The rise of AI is also reshaping US power markets, as according to BNEF, the country's data center demand is projected to rise from 3.5% of total electricity demand today to 8.6% by 2035. Big Tech seems to have jumped headfirst into the AI boom, with commitments to invest hundreds of billions of dollars to build data centers and ensure their energy supply. In fact, this strategic move has injected new life into sectors such as nuclear, which has regained the spotlight after several tech giants met on the sidelines of the CERAWeek conference in March and signed a pledge to support the goal of at least tripling the world's nuclear energy capacity by 2050. That said, there have been concerns lately that the power demand required by the ballooning data center industry may have been overestimated, which led to several energy stocks posting significant declines not so long ago. However, the recently reported better-than-expected results from the cloud and AI businesses of some American tech giants suggest that these fears may have been overblown. Commercial real estate executives have stated that while there has been a 'pause' in some data center capex, it is likely to be temporary, with hundreds of billions of dollars still to be spent. Aerial view of a major oil rig in the middle of the sea, pumping crude oil. To collect data for this article, we looked for companies operating in the energy sector with forward P/E ratios of below 15 as of the close of May 2, 2025. Then, we identified companies that have delivered substantial returns over the last five years, in order to steer clear of potential value traps. In the end, we selected companies with the highest number of hedge fund holders in the Insider Monkey database, as of Q4 2024. The following are the Most Undervalued Energy Stocks According to Hedge Funds. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 275% since May 2014, beating its benchmark by 150 percentage points (). No. of Hedge Fund Holders: 104 Forward P/E Ratio as of May 2: 13.77 Topping our list of the Most Undervalued Energy Stocks to Invest in is Exxon Mobil Corporation (NYSE:XOM), which manages an industry-leading portfolio of resources and is one of the largest integrated fuels, lubricants, and chemical companies in the world. The company operates facilities and markets products around the globe and explores for oil and natural gas on six continents. Exxon Mobil Corporation (NYSE:XOM) had a strong Q1 2025, reporting an adjusted EPS of $1.76 against expectations of $1.74, as production growth and cost cuts offset the impact of falling oil prices. The industry behemoth's global oil and gas production totaled 4.55 million boe/d during the quarter, up from 3.78 million boe/d in the same period last year. Moreover, the company has taken an impressive $12.7 billion of structural costs out of the business since 2019. Exxon also generated an industry-leading $13 billion in cash flow from operations in Q1, while its free cash flow came in at $8.8 billion. Notably, the company maintains a strong reputation as a cash engine, and over the last three years, its total free cash flow equaled more than 25% of its current market cap. Exxon Mobil Corporation (NYSE:XOM) paid $4.3 billion in dividends and repurchased $4.8 billion in shares in Q1 2025, staying on track to meet its annual share repurchase goal of $20 billion. The company recently declared a Q2 dividend of $0.99 per share and boasts an annual dividend yield of 3.73%. As of the end of Q1 2025, Exxon has delivered an industry-leading 3-year total shareholder return of 60%, for a CAGR of 17%. Overall, XOM ranks 1st on our list of the most undervalued energy stocks to buy according to hedge funds. While we acknowledge the potential of XOM as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than XOM but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at .
