Apex International Energy Sold to United Energy
Sale Of Apex International Energy To United Energy Specialist private equity firm Bluewater announced the signing of an agreement to sell Houston-headquartered Apex International Energy (a leading independent player in oil and gas exploration and production in the prolific Egyptian upstream market) to United Energy (MENA) Limited, a wholly-owned subsidiary of the Hong Kong-based United […]
As Yields Decline, Where Should ETF Investors Focus for…
After several years of high interest rates, Canadian investors are facing less lucrative yields and having to take on more risk to generate more income. Where is that secure money going, and where can it go? Yields above 5%, infinitesimal risk, and money mobility encouraged investors to move funds into short-term fixed-income products like high-interest […]
Umicore Faces Criticism Over Capital Expenditure
Umicore draws capex flak During a recent quarterly results call, Chetan Udeshi, an analyst at JP Morgan, delivered a candid assessment of Umicore’s battery materials division, stating, “Your EBITDA in this business is zero. Last year was zero.” This straightforward critique underscores the ongoing challenges facing Umicore in a sector crucial to the global shift […]
Loblaw Earnings: Strategic Investments Drive Performance…
Key Morningstar Metrics for Loblaw Companies What We Thought of Loblaw Companies’ Earnings Loblaw Companies’ L fiscal fourth-quarter results were mixed, as sales of USD 14.9 billion lagged our USD 15.3 billion assumption, but USD 2.20 in adjusted earnings per share exceeded our USD 2.13 forecast. Factoring in these results, along with guidance that corroborates […]
Brent Oil Price Outlook: Analyzing Supply Worries and Technical Trends
Brent Oil Price Forecast: Supply Concerns and Technical Analysis Most Read: S&P 500 Records All-Time Highs Led by Chipmakers, Dow Jones (DJIA) Seesaw Continues Brent crude prices had a poor finish on Wednesday but still recorded its third consecutive day of gains as supply fears persist. Supply fears around Russia continue to persist following a […]
Beltrami County Board Updates on Finances and Juvenile Diversion Program
Beltrami County Board receives finance, Juvenile Diversion Program updates BEMIDJI — County Administrator Tom Barry presented a comprehensive federal and state funding update during a Beltrami County Commissioner meeting Tuesday evening, which displayed challenges faced following federal and state level changes. Barry aimed to answer three key questions: how much federal and state funding does […]
Abaxx Exchange in Singapore to Introduce Gold Futures Amid Rising Metal Prices
Stock image. Singapore’s Abaxx Exchange plans to introduce gold futures in the coming months, with prices setting fresh records this year as traders grapple with disruptions in key bullion hubs and increased haven demand. The contracts — which will be physically deliverable in the Southeast Asian city-state — will seek to connect futures and physical […]
Nutrien Earnings: Surge in Potash Prices and…
Key Morningstar Metrics for Nutrien What We Thought of Nutrien’s Earnings Nutrien NTR shares were up slightly in Feb. 20 trading, as management’s 2025 guidance for retail profit growth, fertilizer volume growth, and rising fertilizer prices should drive profit growth. Why it matters: Nutrien’s companywide profits declined in 2023 and 2024, largely due to falling […]
RUA GOLD Completes C$5.75 Million Brokered Financing with Full Over-Allotment Option Exercised
RUA GOLD Closes C$5.75 Million Brokered Offering Including the Full Exercise of Over-Allotment Option – Rua Gold This news release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States. Highlights Closing the oversubscribed brokered offering for $5.75 million of gross […]
GlobalData Reports Decline in Contract Volume for Oil and Gas Sector
Oil, Gas Sector Sees Dip in Contract Volume, GlobalData Reveals The global oil and gas industry experienced a 15 percent quarter on quarter decrease in total contracts, GlobalData noted in a release sent to Rigzone recently. The company outlined in the release that this figure dropped from 1,596 in the third quarter of last year […]