EQT Corporation announced a major deal with Blackstone Credit & Insurance, forming a new midstream joint venture valued at $8.8 billion. This strategic move will significantly reduce EQT’s debt and fuel future growth, leading to a surge in EQT share prices.
SAP has been awarded the 2024 Global Company of the Year Award by Frost & Sullivan for its commitment to sustainability in the energy, oil, and gas industries. The company’s comprehensive suite of applications and solutions, including its ‘We Measure’ program and the Enterprise Sustainability Hub, empowers businesses to reduce their environmental impact, achieve sustainability goals, and drive innovation.
The global portable inverter generator market is poised for substantial growth, driven by the increasing demand for reliable power in both developed and developing nations. This market research report analyzes the key factors driving growth, including the rising prevalence of power outages and the demand for clean and efficient power solutions. It also explores the key players shaping the market, their innovations, and the future outlook for this dynamic sector.
NRG Energy, Inc. (NRG) reported a solid third-quarter performance, exceeding expectations on adjusted EBITDA and raising its full-year guidance. The company also increased its share buyback program and reiterated its commitment to returning capital to shareholders. NRG shares rose in after-hours trading.
SolarEdge Technologies, Inc. (SEDG) shares plummeted in premarket trading after the company reported a dismal third quarter, characterized by a significant revenue miss, a massive loss, and a bleak outlook for the fourth quarter. The company attributed the poor performance to a challenging market environment and a significant asset write-down.
Ovintiv Inc. (OVV) is set to release its Q3 2024 earnings on Thursday, November 7th. Analysts anticipate an EPS of $1.58, but investors will be keenly watching for guidance on the upcoming quarter. While earnings performance matters, past trends suggest that market reactions are heavily influenced by the company’s outlook. This article delves into Ovintiv’s recent performance, analyst sentiment, and key financial metrics to provide investors with a comprehensive understanding of what to expect.
As the US awaits election results, investors are closely monitoring stocks that could be significantly impacted by a win for either Republican Donald Trump or Democrat Kamala Harris. This article analyzes key sectors and specific companies poised to benefit or suffer depending on the outcome, providing insights into the potential market shifts.
Trio Petroleum Corp (TPET) shares are down sharply today after the company announced a 1-for-20 reverse stock split, effective November 14th. The split consolidates every 20 shares into 1, aimed at boosting the stock price and improving market perception. However, the move has spooked investors, sending the stock tumbling by 19%.
Marathon Petroleum Corporation (MPC) shares are trading higher after exceeding earnings expectations in the third quarter. The company reported strong revenue growth, a robust cash position, and continued shareholder returns through share buybacks and dividend increases. Investors are also optimistic about Marathon’s future prospects, with the company forecasting strong refining performance in the fourth quarter.
ProFrac Holding ACDC is set to release its latest quarterly earnings report on Tuesday, November 5th, 2024. Analysts anticipate a loss of $0.06 per share, and investors will be closely watching for any signs of exceeding expectations and positive guidance. This article delves into the company’s recent performance, market sentiment, and key financial metrics to give investors a comprehensive overview before the earnings announcement.
