Cyr Financial Inc. expanded its stake in Exxon Mobil by 16.4% in the second quarter, according to an SEC filing. The firm purchased 1,359 additional shares, bringing its total holdings to 9,652.
Pinnacle Wealth Planning Services Inc. recently introduced a new energy investment by purchasing shares of TotalEnergies SE. According to the firm’s SEC filing, Pinnacle acquired 3,488 shares worth approximately $226,000 in the first quarter.
Swiss National Bank has announced a slight reduction in its holdings of SunCoke Energy, selling 2,100 shares this quarter. The bank’s updated position stands at 162,950 shares, accounting for roughly 0.19% of the energy company’s total stock.
As Patterson-UTI Energy prepares to announce its second-quarter earnings, analysts predict a per-share loss alongside substantial revenues. Investors await the July 23rd release to gauge the company’s performance.
Sabine Royalty Trust has outperformed its competitors in both revenue and net income, showcasing its strong financial position in the market. With a lower price/earnings ratio, the company may present attractive opportunities for investors.
Borr Drilling Limited announced plans to raise $100 million through a public offering of approximately 50 million common shares. The proceeds are intended for general corporate purposes, including debt service, capital expenditures, and working capital.
Houston-based CenterPoint Energy Inc. announced on Thursday a first-quarter profit of $297 million, marking a strong start to the fiscal year.
Roth Capital has reduced its earnings per share (EPS) estimates for ConocoPhillips for the first quarter of 2025. Analyst L. Mariani now projects earnings of $2.05 per share, down from previous expectations.
Via Renewables has announced the final results of its tender offer, marking a significant milestone for the energy company. The announcement, made on February 19, 2025, was published on Investing Us and reflects a noteworthy development in the energy sector. Stakeholders and industry observers are now poised to assess the implications of this corporate action.