Latest news with #NWG
Mint
7 hours ago
- Business
- Mint
Lower crude brings relief to Mahanagar Gas amid falling APM gas allocation
Mahanagar Gas Ltd (MGL) just got some cushion amid the falling share of cheaper administered price mechanism (APM) gas in its overall sourcing mix. Three things should help here: increase in price of compressed natural gas (CNG) and domestic piped natural gas, sustained volume growth, and lower crude oil prices. MGL's cost of gas jumped in FY25 as the share of APM gas dropped to 56% from 70% in FY24. Thus, its Ebitda per scm (standard cubic meter) fell sharply to ₹10.2 from ₹13.9 in FY24. At its recent investor meet, the city gas distributor guided for 10%+ volume growth over the next 2-3 years, along with Ebitda of ₹9-11 per scm despite lower APM allocation, down to 39% in FY26 so far. Ebitda is short for earnings before interest, taxes, depreciation, and amortization. The APM gas is priced at 10% of domestic crude basket with a cap of $6.75 per mmBtu (million British thermal units), which is being replaced by new wells gas (NWG), priced at 12.5% of domestic crude basket with no cap. The management projects 7-10% of APM gas to shift to NWG each year. Also Read: Blue Star faces the heat in Q1 from a milder summer season The lower gas allocation should be offset by the drop in crude price with Brent crude now at about $65 per barrel, down from average of $75.8 per barrel in Q4FY25 and over $80 a year ago. Motilal Oswal Financial Services projects Brent prices to average $65 per barrel in FY26 and FY27. The broking firm expects MGL's Ebitda margin to cross ₹10 per scm, backed by the sales price revision done in April and declining crude. Positive outlook Volume growth is another trigger. FY25 volume growth was about 12%, up from 6% in FY24 led by industrial and commercial (I/C) consumers and can sustain here. I/C consumers form 15% of FY25 volumes and grew 24% owing to addition of few large customers. I/C is expected to grow 20% in FY26. The automotive segment, forming 70% of volumes, grew 11% in FY25. MGL plans to open 80 new CNG stations in FY26, taking the total to about 550. Also Read: Realty firms are on a high after last year's spending spree to buy land Amid improving outlook, MGL's shares have gained about 11% so far in 2025. The stock trades at 13x FY26 estimated earnings, shows Bloomberg data. While valuations don't appear steep, any sudden government decision to cut APM gas allocation or a reversal in crude price trend, may hurt sentiments. Nuvama Research has retained its 'Reduce' rating on sector multiples' de-rating due to ad-hoc government policies causing uncertainty (similar to OMCs, which trade at a sizeable discount). Also Read: For steel companies, Q4 was an inflexion point as prices, demand firm up
Business Insider
4 days ago
- Business
- Business Insider
Kepler Capital Keeps Their Buy Rating on NatWest Group (NWG)
Kepler Capital analyst Nicolas Payen maintained a Buy rating on NatWest Group (NWG – Research Report) on June 4 and set a price target of p535.00. The company's shares closed yesterday at p522.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Payen is a 5-star analyst with an average return of 13.0% and a 67.19% success rate. Payen covers the Financial sector, focusing on stocks such as UBS Group AG, Barclays, and Deutsche Bank AG. NatWest Group has an analyst consensus of Strong Buy, with a price target consensus of p555.82, implying a 6.48% upside from current levels. In a report released on June 4, Citi also maintained a Buy rating on the stock with a £6.30 price target. The company has a one-year high of p537.20 and a one-year low of p300.20. Currently, NatWest Group has an average volume of 35.6M. Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NWG in relation to earlier this year.
&w=3840&q=100)
Business Standard
5 days ago
- Business
- Business Standard
Margins likely to improve for city gas distribution majors on price cuts
LNG prices may remain muted over the next 3-4 years due to new LNG capacity and bearish crude oil trends Devangshu Datta Listen to This Article Margins for city gas distribution (CGD) players are expected to improve, with the administered pricing mechanism (APM) prices reduced due to a decline in crude oil prices. The upside is partly offset by lower APM allocation since replacement New Well Gas (NWG) costs 20 per cent more. LNG prices may remain muted over the next 3-4 years due to new LNG capacity and bearish crude oil trends. This implies sustained margin improvement for CGDs, with blended gas costs at $9.7–10 per million British thermal units (MMBtu) over FY26–FY28. Downside risks include further cuts in APM allocations and rapid electric vehicle
Yahoo
28-05-2025
- Business
- Yahoo
NatWest Group (NWG) Is Up 5.07% in One Week: What You Should Know
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at NatWest Group (NWG), a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. NatWest Group currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Let's discuss some of the components of the Momentum Style Score for NWG that show why this bank shows promise as a solid momentum pick. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For NWG, shares are up 5.07% over the past week while the Zacks Banks - Foreign industry is up 0.7% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 8.52% compares favorably with the industry's 6.82% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of NatWest Group have risen 17.95%, and are up 75.18% in the last year. In comparison, the S&P 500 has only moved 1.35% and 13.07%, respectively. Investors should also take note of NWG's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. Right now, NWG is averaging 5,389,137 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with NWG. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NWG's consensus estimate, increasing from $1.42 to $1.56 in the past 60 days. Looking at the next fiscal year, 2 estimates have moved upwards while there have been no downward revisions in the same time period. Given these factors, it shouldn't be surprising that NWG is a #1 (Strong Buy) stock and boasts a Momentum Score of B. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep NatWest Group on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NatWest Group plc (NWG) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Zacks.com featured highlights Barclays, NatWest Group and Aris Mining
Chicago, IL – May 27, 2025 – The stocks in this week's article are Barclays PLC BCS, NatWest Group plc NWG and Aris Mining Corp. ARMN. An active investing strategy involves searching for breakout stocks in a specific price range. When choosing breakout stocks, consider selling if the price falls below the lower band and holding for gains if it exceeds the upper band. To that end, Barclays PLC, NatWest Group plc and Aris Mining Corp. have been selected as the breakout stocks for today. To pick a breakout stock, calculate support and resistance levels. A support level is the lower bound for stock movements, while a resistance level refers to the maximum price it trades at within a considerable period. In other words, the demand for a stock is at its lowest at its support level, which means that most traders are willing to sell it. Many traders are prepared to go long on the stock at the resistance level, meaning they would like to add these to their portfolios. The key to identifying breakout stocks is to zero in on those on the verge of a breakout or those that have just broken above the resistance level. The primary risk associated with such a strategy is that the decision to buy an apparent breakout candidate has been incorrectly timed. When a stock moves above the resistance level, it should be a highly prized commodity for traders. However, whether such a breakout is genuine is another matter altogether. For a bona fide breakout, the stock's earlier resistance barrier should become its new support level. This only happens if the trading channel that has been established is tested by observing long-term price trends. The strength of the support and resistance levels can be ascertained only through such a study. Despite the risk of misidentification, correctly identifying such stocks can yield considerable returns, even at a price that may not seem attractive at first glance. Here are the top three stocks: Barclays Barclays provides financial services worldwide. BCS anticipates an earnings growth rate of 21.2% for the current year. NatWest NatWest Group provides banking and financial services globally to individuals, businesses and institutions. NWG expects an earnings growth rate of 17.3% this year. Aris Mining Aris Mining Corporation acquires, explores, develops and operates gold properties in Canada, Colombia and Guyana. ARMN expects an earnings growth rate of 226.5% for the current year. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. Disclosure: Officers, directors and employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies is available at: Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> For the rest of this Screen of the Week article please visit at: Follow us on Twitter: Join us on Facebook: Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Phone: 312-265-9268 Email: pr@ Visit: provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit for information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Barclays PLC (BCS) : Free Stock Analysis Report NatWest Group plc (NWG) : Free Stock Analysis Report Aris Mining Corporation (ARMN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
