Hints and tips:
...The S&P 489 has a weighted average P/E of 24, cheaper than the whole index, but not by much....
...TCI made $12.9bn for investors and ended last year up 33 per cent, ahead of the S&P 500 index’s 24 per cent rise....
...Stocks with low P/E ratios relative to their expected growth rates are rare....
...Its forward P/E is just 15. We’re still searching for good stock picks. If you’ve got a candidate, email us: robert.armstrong@ft.com and ethan.wu@ft.com....
...Correspondingly, the “terminal” or “exit” P/E multiple in your model should be average too. This would have been very good advice for someone who was modelling Facebook a couple of years ago....
...“Most E&Ps are affirming previous messaging of maintenance programmes or low growth in 2023,” said Devin McDermott at Morgan Stanley....
...As of yesterday, value stocks have a forward P/E of 13.4, against growth stocks at 22.4. The ratio is 0.57....
...The Faangs, in market cap terms, are numbers 1, 2, 3, 4 and 7 in the S&P 500....
...E to revenue growth or “PEG” ratio)....
...But while the “E” of environmental, social and governance issues is dominating headlines this week — particularly given fresh signs of climate change emerging from Europe’s floods — nobody should overlook...
...The future of E&P companies may be different than the future of the E&P industry itself....
...Among the basin’s biggest flarers on an absolute basis are ExxonMobil-owned XTO Energy, Diamondback E&P and Encana Oil and Gas, according to the regulator....
...And you don’t hear much complaining when the industry does beat the S&P, as was the case in 2018....
...EnQuest’s cash netback lead among UK E&P’s has improved further as yet more legacy high-cost fields are shut-in permanently....
...On our new forecasts, the valuation is FY21 7.5x EBITDA, 7.8x P/E, 13% EqFCF yield and 6.5% dividend yield....
...Shares of PG&E continued their freefall on Tuesday after S&P Global Ratings cut the California utility’s credit rating to junk status, adding to investors’ concerns over the possible financial impact of...
...Coupled with better than expected US employment data, that sent the S&P 500 index up by 3.4 per cent on Friday and another 0.9 per cent by mid-afternoon in New York on Monday....
...Similarly depressed share prices for many other E&P companies could open up plenty of similar opportunities for rationalisation....
...However, PG&E was the biggest decliner on the benchmark S&P, falling 17.4 per cent amid investor fears that deadly wildfires in California could cost them billions of dollars and implicate them in the cause...
...Bruce McCullough, chief information officer at Marathon Oil, another large US E&P company, told a Financial Times conference in Houston earlier this month that the volumes of data available amounted to a...
...The three new board nominees — Robert E. Knowling, Jr., currently chairman of Eagles Landing Partners, KPMG veteran Louis P....
...The telecoms sector trades at a low forward price-to-earnings ratio of 10.2 times, according to Jeremy Zirin, strategist at UBS, while he estimated the forward P/E of the communication services to be 18.6...
...Here, for instance, is the inflation-adjusted index level for the S&P 500 for that period, as calculated by Macrotrends: Yay, equities....
...In its notice at the oil conference, S&P Global Platts said: “As a result of US sanctions regulations applicable to Platts and its parent company S&P Global Inc., Platts is unable to permit attendance by...
...The market is positioned homogenously, i.e. long the index, and is therefore selling homogenously…Fasten your seatbelts!...
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