Latest news with #oilgas
Yahoo
9 hours ago
- Business
- Yahoo
Nordic American Tankers First Quarter 2025 Earnings: EPS Beats Expectations, Revenues Lag
Revenue: US$37.9m (down 37% from 1Q 2024). Net income: US$4.25m (down 72% from 1Q 2024). Profit margin: 11% (down from 25% in 1Q 2024). EPS: US$0.02 (down from US$0.072 in 1Q 2024). We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue missed analyst estimates by 13%. Earnings per share (EPS) exceeded analyst estimates. Looking ahead, revenue is expected to decline by 12% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in the US are expected to grow by 3.6%. Performance of the American Oil and Gas industry. The company's share price is broadly unchanged from a week ago. Be aware that Nordic American Tankers is showing 4 warning signs in our investment analysis and 1 of those doesn't sit too well with us... Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
5 days ago
- Business
- Yahoo
The past three years for SIG (LON:SHI) investors has not been profitable
SIG plc (LON:SHI) shareholders should be happy to see the share price up 23% in the last quarter. But over the last three years we've seen a quite serious decline. Tragically, the share price declined 58% in that time. So it is really good to see an improvement. While many would remain nervous, there could be further gains if the business can put its best foot forward. So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. SIG wasn't profitable in the last twelve months, it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). Arguably revenue is our next best option. Shareholders of unprofitable companies usually desire strong revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one would hope for good top-line growth to make up for the lack of earnings. Over three years, SIG grew revenue at 3.1% per year. That's not a very high growth rate considering it doesn't make profits. It's likely this weak growth has contributed to an annualised return of 16% for the last three years. When a stock falls hard like this, some investors like to add the company to a watchlist (in case the business recovers, longer term). After all, growing a business isn't easy, and the process will not always be smooth. The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image). This free interactive report on SIG's balance sheet strength is a great place to start, if you want to investigate the stock further. While the broader market gained around 6.4% in the last year, SIG shareholders lost 47%. However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Regrettably, last year's performance caps off a bad run, with the shareholders facing a total loss of 8% per year over five years. Generally speaking long term share price weakness can be a bad sign, though contrarian investors might want to research the stock in hope of a turnaround. It's always interesting to track share price performance over the longer term. But to understand SIG better, we need to consider many other factors. Take risks, for example - SIG has 1 warning sign we think you should be aware of. But note: SIG may not be the best stock to buy. So take a peek at this free list of interesting companies with past earnings growth (and further growth forecast). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on British exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. Sign in to access your portfolio
Yahoo
7 days ago
- Business
- Yahoo
HB Global First Quarter 2025 Earnings: CN¥0.001 loss per share (vs CN¥0.006 loss in 1Q 2024)
Revenue: CN¥18.0m (flat on 1Q 2024). Net loss: CN¥919.0k (loss narrowed by 80% from 1Q 2024). CN¥0.001 loss per share (improved from CN¥0.006 loss in 1Q 2024). Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. All figures shown in the chart above are for the trailing 12 month (TTM) period HB Global shares are down 17% from a week ago. Before we wrap up, we've discovered 2 warning signs for HB Global that you should be aware of. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) 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. 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
22-05-2025
- Business
- Yahoo
Chevron Eyes Major Oil and Gas Assets in Indonesia
Chevron Corporation (NYSE:CVX) has shown interest in tapping into Indonesia's oil and gas assets with substantial reserves, according to Djoko Siswanto, head of the country's upstream regulator SKK Migas, who made the statement on May 20. Djoko noted that Chevron is evaluating blocks that could hold approximately 15 trillion cubic feet of gas, though the company is still in the early stages of assessing these opportunities. Chevron Corporation (NYSE:CVX) is one of the leading players in the global oil and gas industry, known for producing and marketing a wide array of refined products such as gasoline, diesel, jet and marine fuel, premium base oils, lubricants, and additives. It operates five refineries across the United States and maintains a strong retail presence through its Chevron and Texaco-branded service stations. As part of its renewed interest, Chevron Corporation (NYSE:CVX) may consider acquiring blocks in Bali or other regions in eastern Indonesia. Chevron's relationship with Indonesia dates back to 1924, when it first sent a geological team to explore the island of Sumatra. Over the decades, the company has extracted over 12 billion barrels of oil from the country's onshore and offshore fields. In partnership with the Indonesian government and other stakeholders, Chevron Corporation (NYSE:CVX)'s operations have contributed significantly to the local economy. However, in 2023, the company exited the country after divesting its interest in the Indonesia Deepwater Development (IDD) project, which had been delayed due to changes in the facility's design. While we acknowledge the potential of CVX to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than CVX and that has 100x upside potential, check out our report about this cheapest AI stock. READ MORE: and Disclosure. None. 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
Times of Oman
21-05-2025
- Business
- Times of Oman
Omani innovator develops squid ink-based water filter to tackle oil industry waste
Muscat: The innovative project "Water Filter Using Squid Ink" by Omani inventor Yusra Yousef Al Ghadani offers an effective and sustainable solution to one of the most pressing challenges in the oil and gas sector: produced water. This byproduct of oil extraction is generated daily in massive quantities and is difficult to treat due to its high concentration of toxic chemicals. Yusra explained to Oman News Agency that she developed a novel filtering material based on squid ink as a cost-effective and efficient alternative to activated carbon, which is commonly used in industrial wastewater treatment. The innovative material absorbs heavy metals and dissolved hydrocarbons while also reducing water salinity, providing comprehensive treatment for contaminated industrial water at minimal cost. She noted that the project began in 2023 during her participation in 'Manafi,' a marathon organized by Oman Animal and Plant Genetic Resources Centre 'Mawarid,' where one of the challenges focused on utilizing local Omani resources to design beneficial products. This sparked her journey to develop the innovation. The filter primarily relies on a specially processed powdered form of squid ink, engineered to possess the necessary adsorption properties. This powder can be directly integrated into existing filtration systems, particularly compact filters, without requiring major structural modifications—making it practical and adaptable for industrial applications. As for the environmental benefits, Yusra emphasized that the innovation is more sustainable than traditional filters, particularly activated carbon. The production process for squid ink-based material does not involve complex manufacturing or high energy consumption, reducing its carbon footprint. Additionally, it is eco-friendly in both sourcing and production, as it can be locally manufactured in Oman using readily available natural resources, unlike activated carbon, which is often imported and requires advanced industrial processing. This dual advantage supports both environmental protection and the local economy, she added. She explained that initial tests on simulated produced water samples showed high efficiency in absorbing heavy metals and reducing salinity. Comparative studies with activated carbon demonstrated near-equivalent performance, confirming the filter's capability to deliver similar results. Yusra is now conducting tests on real produced water samples in industrial-like environments, with preliminary results being promising. Further refinements are underway to ensure scalability and long-term effectiveness. On challenges faced during development, Yusra highlighted difficulties in conducting scientific experiments and proving the material's efficacy after her graduation, as she no longer had direct access to university labs. She overcame this by assembling a multidisciplinary research team. Another hurdle was securing institutional support—after initially failing to qualify for incubation under 'Manafi,' she eventually joined OQX, an accelerator under OQ, which provided the necessary backing. Looking ahead, Yusra aims to implement a pilot project in an oil and gas field to validate the product's real-world performance. She also plans to establish a startup, InkClear, to professionally develop and market the innovation globally, aspiring to position the Omani-made solution as a sustainable standard for industrial water treatment, particularly in the energy sector. Her project has been selected to represent Oman at the International Invention, Innovation, and Technology Exhibition (ITEX) 2025 in Malaysia. Yusra expressed pride and responsibility in this achievement, stating that the event offers a global platform to showcase Omani innovation, attract investors, and build partnerships. 'My presence there represents not just me, but every Omani youth who believes in their ideas and works to turn them into reality," she said.
