Latest news with #VistaEnergy
The Star
5 days ago
- Business
- The Star
PETRONAS not exiting Canada, says group CEO
President and group CEO Tan Sri Tengku Muhammad Taufik Tengku Kamadjaja Aziz KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada. "Canada is not on our exit radar. We're not exiting Canada. We are constantly entertaining overtures and proposals. "That is going to be the natural course of business and it (Canada) is a very resource-endowed geography,' president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz said at an editors' briefing here today. Tengku Muhammad Taufik said, in fact, liquefied natural gas (LNG) is coming on stream from Canada, with the first cargo in a couple of weeks. He said there will be a regular shipping out of LNG from Canada, which is at 25 per cent. "We have 53 trillion cubic feet (TCF) of reserves. It is strategically positioned between that coast of Canada and Japan, South Korea, Taiwan, and even China. "Some other LNG routes are compromised by geopolitical hostility… That is another advantage. That was the rationale to do this. We built that node. We wanted to make sure it's strategically positioned, having locational advantage. Petronas hopes to have more engagements and constructive dialogues for the national oil firm to activate additional LNG leverage in Canada. "We hope that the Canadian (new) government will be more appreciative and supportive of it becoming a new, cleaner energy source for the rest of the developing world,' he added. Tengku Muhammad Taufik stressed that it was crucial for Petronas to preserve its position in market share in the LNG space in Canada while also looking at how to build its upstream portfolio effectively. Responding on a question whether Petronas will look to liquidate some assets or diversify, Tengku Muhammad Taufik said Petronas would continue its asset rationalisation to keep its operations lean. He noted that the divestment exercise was done in Argentina as Petronas could not make its assets worked in the country and found an interested party to acquire them. In April this year, Buenos Aires-based Vista Energy has reportedly acquired Petronas' 50 per cent stake in the La Amarga Chica oil field in Argentina's Vaca Muerta shale basin for about US$1.5 billion (RM7.1 billion). The second-biggest crude oil producer in the area will pay US$900 million upfront for the stake, with one-third of that sum financed through a loan from Banco Santander SA, while the remainder will be paid in two instalments in 2029 and 2030. - Bernama
The Sun
5 days ago
- Business
- The Sun
Petronas not exiting Canada, says group CEO
KUALA LUMPUR: Petroliam Nasional Bhd (Petronas) has reiterated that the company is not exiting Canada. 'Canada is not on our exit radar. We're not exiting Canada. We are constantly entertaining overtures and proposals. 'That is going to be the natural course of business and it (Canada) is a very resource-endowed geography,' president and group chief executive officer Tan Sri Tengku Muhammad Taufik Tengku Aziz said at an editors' briefing here today. Tengku Muhammad Taufik said, in fact, liquefied natural gas (LNG) is coming on stream from Canada, with the first cargo in a couple of weeks. He said there will be a regular shipping out of LNG from Canada, which is at 25 per cent. 'We have 53 trillion cubic feet (TCF) of reserves. It is strategically positioned between that coast of Canada and Japan, South Korea, Taiwan, and even China. 'Some other LNG routes are compromised by geopolitical hostility... That is another advantage. That was the rationale to do this. We built that node. We wanted to make sure it's strategically positioned, having locational advantage. Petronas hopes to have more engagements and constructive dialogues for the national oil firm to activate additional LNG leverage in Canada. 'We hope that the Canadian (new) government will be more appreciative and supportive of it becoming a new, cleaner energy source for the rest of the developing world,' he added. Tengku Muhammad Taufik stressed that it was crucial for Petronas to preserve its position in market share in the LNG space in Canada while also looking at how to build its upstream portfolio effectively. Responding on a question whether Petronas will look to liquidate some assets or diversify, Tengku Muhammad Taufik said Petronas would continue its asset rationalisation to keep its operations lean. He noted that the divestment exercise was done in Argentina as Petronas could not make its assets worked in the country and found an interested party to acquire them. In April this year, Buenos Aires-based Vista Energy has reportedly acquired Petronas' 50 per cent stake in the La Amarga Chica oil field in Argentina's Vaca Muerta shale basin for about US$1.5 billion (RM7.1 billion). The second-biggest crude oil producer in the area will pay US$900 million upfront for the stake, with one-third of that sum financed through a loan from Banco Santander SA, while the remainder will be paid in two instalments in 2029 and 2030.
Yahoo
15-05-2025
- Business
- Yahoo
May 2025's Global Stock Picks Possibly Offering Value
In the midst of a global market landscape characterized by mixed performances and cautious optimism surrounding trade negotiations, investors are keeping a close eye on potential opportunities. With major indices experiencing fluctuations and economic uncertainties persisting, identifying undervalued stocks could provide strategic entry points for those looking to navigate these complex conditions. Name Current Price Fair Value (Est) Discount (Est) PixArt Imaging (TPEX:3227) NT$221.00 NT$439.88 49.8% Ficont Industry (Beijing) (SHSE:605305) CN¥26.49 CN¥52.95 50% Shenzhen KSTAR Science and Technology (SZSE:002518) CN¥22.82 CN¥44.95 49.2% adidas (XTRA:ADS) €223.80 €440.87 49.2% Dive (TSE:151A) ¥942.00 ¥1852.53 49.2% Tesmec (BIT:TES) €0.0564 €0.11 49.7% Claranova (ENXTPA:CLA) €2.745 €5.40 49.2% Wenzhou Yihua Connector (SZSE:002897) CN¥39.84 CN¥78.36 49.2% illimity Bank (BIT:ILTY) €3.618 €7.21 49.8% Martela Oyj (HLSE:MARAS) €0.758 €1.50 49.5% Click here to see the full list of 483 stocks from our Undervalued Global Stocks Based On Cash Flows screener. Let's dive into some prime choices out of the screener. Overview: Vista Energy, S.A.B. de C.V. operates through its subsidiaries in the exploration and production of oil and gas across Latin America, with a market capitalization of approximately MX$104.56 billion. Operations: The company's revenue primarily comes from the exploration and production of crude oil, natural gas, and LPG, totaling $1.77 billion. Estimated Discount To Fair Value: 26.1% Vista Energy appears undervalued, trading 26.1% below its fair value estimate of MX$1342.51, with a current price of MX$991.55. Despite high debt levels and recent share price volatility, the company has demonstrated strong financial performance with Q1 2025 sales reaching US$438.46 million, up from US$317.35 million the previous year. Earnings grew by 38.9% over the past year and are expected to grow faster than the Mexican market at 17.1% annually. Our comprehensive growth report raises the possibility that Vista Energy. de is poised for substantial financial growth. Click to explore a detailed breakdown of our findings in Vista Energy. de's balance sheet health report. Overview: Coca-Cola Içecek Anonim Sirketi, along with its subsidiaries, is involved in the production, sales, and distribution of sparkling and still beverages across Turkey, Pakistan, Central Asia, and the Middle East with a market cap of TRY150.82 billion. Operations: The company's revenue from non-alcoholic beverages amounts to TRY136.24 billion. Estimated Discount To Fair Value: 24.7% Coca-Cola Içecek Anonim Sirketi is trading at TRY 53.9, significantly below its estimated fair value of TRY 71.6, suggesting it may be undervalued based on cash flows. Despite a decline in Q1 2025 net income to TRY 1,275.29 million from TRY 3,750.73 million the previous year and lower profit margins than last year, the company's earnings are forecasted to grow significantly over the next three years with a high return on equity anticipated. The analysis detailed in our Coca-Cola Içecek Anonim Sirketi growth report hints at robust future financial performance. Take a closer look at Coca-Cola Içecek Anonim Sirketi's balance sheet health here in our report. Overview: Quanta Computer Inc. is a company that manufactures and sells notebook computers across Asia, the Americas, Europe, and internationally with a market cap of NT$1.07 trillion. Operations: Quanta generates revenue primarily through the manufacture and sale of notebook computers across various regions including Asia, the Americas, and Europe. Estimated Discount To Fair Value: 32.2% Quanta Computer, trading at NT$277.5, is valued below its estimated fair value of NT$409.42, reflecting potential undervaluation based on cash flows. Recent earnings for Q1 2025 showed significant growth with sales reaching TWD 485.67 billion compared to TWD 258.94 billion a year ago and net income increasing to TWD 19.50 billion from TWD 12.07 billion, although the dividend coverage by free cash flows remains inadequate despite strong revenue forecasts exceeding market growth rates. Our earnings growth report unveils the potential for significant increases in Quanta Computer's future results. Get an in-depth perspective on Quanta Computer's balance sheet by reading our health report here. Gain an insight into the universe of 483 Undervalued Global Stocks Based On Cash Flows by clicking here. Are these companies part of your investment strategy? Use Simply Wall St to consolidate your holdings into a portfolio and gain insights with our comprehensive analysis tools. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BMV:VISTA A IBSE:CCOLA and TWSE:2382. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. 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Reuters
06-05-2025
- Business
- Reuters
Argentina expects $8 bln surplus in energy trade balance this year
HOUSTON, May 6 (Reuters) - Argentina expects a $8 billion surplus in its energy trade balance this year, compared to a $5.7 billion surplus last year, amid new government policies encouraging investment, the country's deputy energy secretary for liquid fuels, Federico Valler, said at a conference in Houston. Earlier on Tuesday an executive from Argentina's second-largest shale producer Vista Energy ( opens new tab said the country could register an energy surplus of between $5 billion and $6 billion this year, bolstered by activity in the country's Vaca Muerta formation, one of the world's largest shale reserves. Speaking at an event in Buenos Aires, Vista's executive Juan Baylac said that Argentina's export potential was likely to improve in 2025, "in a scenario where equipment continues to be imported to Argentina, investment continues in both equipment and wells, as well as in infrastructure projects," Baylac said. State-owned oil company YPF ( opens new tab is developing key infrastructure projects along with partners such as Vista, Shell and Chevron. During the Houston conference YPF's vice president of Supply Chains, Walter Actis, said that the advantages of a tax-benefit regime imposed by the Argentine government to attract investment have already been felt. Government tax incentives were spurring investment and interest from foreign suppliers was "significant", according to Actis, who also pointed to some companies forming alliances.
Yahoo
18-04-2025
- Business
- Yahoo
Why Vista Energy, S.A.B. de C.V. (VIST) Stock is Gaining This Week
We recently compiled a list of the Energy Stocks that are Gaining This Week. In this article, we are going to take a look at where Vista Energy, S.A.B. de C.V. (NYSE:VIST) stands against the other energy stocks. After finding itself right in the crosshairs of President Trump's global trade war, the energy industry itself has finally found some respite over the last week. At the time of writing this piece, the overall energy sector surged by more than 6% over the last five days, compared to gains of just around 0.9% by the wider market. After falling to a multi-year low, the Brent crude oil price has also increased by over 7.4% over the last five days and is now hovering just below the $68 mark. One sector that has benefited greatly from the escalating trade tensions between US and China is that of uranium. After President Trump ordered a probe into potentially imposing tariffs on critical mineral imports, including uranium, investors are piling in to acquire stakes in domestic uranium companies. The sector has also been a hot topic recently due to a renewed global interest in nuclear energy, which has emerged as a leading candidate to power the ongoing AI boom and its accompanying data centers. A great example is how America's all three leading cloud services companies signed deals last year to procure nuclear-powered energy. A drilling rig pumping oil and gas from a well in Latin America. To collect data for this article, we have referred to several stock screeners to find energy stocks that have surged the most between April 9 and April 16, 2025. Following are the Energy Stocks that Gained the Most This Week. The stocks are ranked according to their share price surge during this period. 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 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Share Price Gains Between Apr. 9 – Apr. 16: 16.51% Vista Energy, S.A.B. de C.V. (NYSE:VIST) is a leading independent operator, with its main assets in Vaca Muerta, the largest shale oil and shale gas play under development outside North America. The stock of Vista Energy, S.A.B. de C.V. (NYSE:VIST) received a significant boost this week after it announced the acquisition of Petronas Argentina, which holds a 50% working interest in the La Amarga Chica unconventional concession in Vaca Muerta, Argentina. The $1.2 billion acquisition allows Vista to gain significant scale in Vaca Muerta with a premium block that has growing production and low operating costs. Overall, VIST ranks 4th on our list of the energy stocks that gained the most this week. While we acknowledge the potential of energy companies, 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 VIST 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 Insider Monkey. Sign in to access your portfolio
