Hints and tips:
Related Special Reports
...That is due not only to the greater number of retail investors trading the stocks, but also to the growing popularity of sometimes-controversial equity fundraisings that can flood the market with new shares...
...the world’s biggest independent energy trader, made record net profits of $15.1bn in 2022, paid an average of $785,000 in salaries and bonuses to its 3,311 employees and almost doubled its shareholder equity...
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...The 2022 invasion of Ukraine did feed into energy and equity markets. Liquid natural gas prices rose 300 per cent, but they are now back down at pre-invasion levels....
...Oil and gas executives were the most likely to share this view....
...The equity market may be sending a signal that the worst has passed for natural gas. There could be more to come for investors in E&Ps too. alan.livsey@ft.com...
...The UK’s equity market has recently been dealt a series of high-profile blows as companies including building materials group CRH and packaging company Smurfit Kappa have opted to shift their primary listings...
...The all-stock deal for Equitrans, with an equity value of about $5.5bn, represents a rare instance in recent history of an upstream company buying midstream assets....
...Universities also are facing pressure to include social imperatives in their decision making (Princeton, for example, no longer invests in publicly traded oil and gas companies)....
...The equity market is not priced for economic convergence, for example....
...“The market had been complacent about the Gaza conflict expanding to include Iran and, therefore, a material risk to Arabian Gulf oil and [liquefied natural gas] production and exports,” he said....
...The equity strategists we follow have seemed mostly unworried about sentiment....
...Eni last year agreed to acquire private equity-backed Neptune Energy in what was then the largest cash deal in the European oil and gas sector for almost a decade....
...Andreas Bruckner, an equity strategist at the bank, said carmakers and banks “look most vulnerable” to a slowdown....
But the boost to liquidity can prove shortlived
Zero-problem options?
...BlackRock’s US Equity Factor Rotation ETF (DYNF) is another to be swept up by the model portfolio tide....
...Drax’s equity story remains dominated by its quest to extend public subsidies for its wood chip-burning power plant in Yorkshire. Its shares trade at a lowly 4.5 times forward earnings....
...The chief executive of Ithaca Energy has quit the North Sea oil and gas producer, exiting as the group tries to rebound from a lacklustre first year as a public company....
...The “secondaries” market — of private equity investors buying and selling existing stakes in funds and private equity groups moving assets from older to new funds — was another bright spot....
...Hostmore was created after Electra Private Equity spun off the UK operations of the American-themed restaurant chain on to the London Stock Exchange in 2021....
...Its own financials were not disclosed but Endeavor should contribute about 43 per cent of overall oil and gas production....
...Shares opened up 38 per cent on Thursday, but Reddit’s equity value is still below its last valuation as a private company....
...Shell’s former chief executive has joined private equity group KKR as a senior adviser for energy transition investments in his first corporate role since stepping down from the oil and gas major....
...US producers have set aside their “genius for destroying capital”, says BCA’s Ryan, and are now desperate to maintain equity and debt market access by generating free cash flow....
International Edition