Core Insights - The indicated net changes in U.S. domestic common stock dividends increased by $11.7 billion in Q4 2024, showing a rise from $9.5 billion in Q3 2024 but a decrease from $13.7 billion in Q4 2023 [1][6] - For the 12-month period ending December 2024, the net dividend rate increased by $53.3 billion compared to $36.5 billion for the same period in 2023, indicating a positive trend in dividend growth [2][6] - Dividend growth slowed in the second half of 2024, with companies hesitant to commit to larger dividend increases due to economic uncertainties and upcoming elections [3][4] Dividend Increases - In Q4 2024, U.S. common dividend increases totaled $14.2 billion, a slight increase from $14.1 billion in Q3 2024 but down 18.8% from $17.5 billion in Q4 2023 [6][7] - For the 12-month period ending December 2024, total dividend increases reached $71.4 billion, up 9.7% from $65.1 billion in the previous year [6][7] Dividend Decreases - In Q4 2024, dividend decreases amounted to $2.5 billion, a significant drop of 45.6% from $4.6 billion in Q3 2024 and down 35.7% from $3.9 billion in Q4 2023 [6][13] - For the 12-month period ending December 2024, 132 issues decreased their dividend payments, a 65.8% decrease compared to 386 decreases in the prior period [13] Future Outlook - Companies are expected to commit to larger dividend increases in 2025, driven by anticipated record earnings and a potential interest rate reduction by the Federal Open Market Committee (FOMC) [4] - February is historically the largest month for dividend increases, and a stronger performance is anticipated in February 2025 as companies may seek to compensate for previous restraint [4] S&P 500 Dividend Performance - S&P 500 Q4 2024 dividend payments reached a record of $19.81 per share, a 6.0% increase from $18.68 in Q3 2024 and a 7.8% increase from $18.38 in Q4 2023 [5] - For the entire year of 2024, the S&P 500 paid $74.83 per share, reflecting a 6.4% increase from $70.30 in 2023 [5]

Core Insights - Annual methane emissions from oil and gas production in the Permian Basin decreased by 26% in 2023 compared to the previous year, equating to the carbon emissions avoided by every electric vehicle in the U.S. that year [1][24] - The reduction in methane emissions is attributed to advancements in equipment and the deployment of new technologies, including AI-driven data analysis and enhanced leak detection methods [3][13] - The Permian Basin, responsible for nearly half of U.S. oil output, has shown significant progress in reducing emissions while increasing overall production [2][27] Emission Reduction Details - The 2023 methane intensity for the Permian Basin was recorded at 0.63% of total production, with a notable 33% decrease in methane emissions as a percentage of total natural gas output [4][13] - The total reduction in methane emissions amounted to over 34 billion cubic feet, equivalent to 18.5 million tons of carbon dioxide emissions avoided [24] - Methane emissions accounted for only 0.12% of upstream revenues in 2023, reflecting a 70% drop from the previous year due to falling gas prices [19] Technological Advancements - The analysis utilized data from approximately 700 survey flights conducted over 185 days, providing high-resolution observations that enhance the accuracy of emissions estimates [6][11] - Remote sensing technologies have improved the detection of leaks, allowing for quicker responses to emissions that previously could persist for extended periods [13][19] - The ability to detect emissions as low as 10 kg/hr accounts for over 72% of total methane released from upstream operations [15] Industry Impact - The improvements in emissions management are expected to yield positive returns for oil and gas operators, even in a lower natural gas price environment [14][19] - The ongoing advancements in technology and data analytics are crucial for operators to evaluate spending on methane emissions reduction effectively [25]

As 2025 approaches, S&P Global Mobility forecasts 89.6 million new vehicle sales worldwide next year, reflecting cautious recovery growth. Automotive forecasts have been downgraded across the board, reflecting expected post-election US policy shifts. Resulting impacts to vehicle demand will be significant, especially interest rates, trade flows, sourcing, and BEV adoption rates. SOUTHFIELD, Mich., Dec. 20, 2024 /PRNewswire/ -- Global new light vehicle sales in 2025 are expected to rise 1.7% year-over-year, ...

Impact on U.S. domestic natural gas prices—among the lowest in the world—would remain negligible WASHINGTON, Dec. 17, 2024 /PRNewswire/ -- On their current trajectory, growing exports of U.S. liquefied natural gas (LNG) would support nearly half a million domestic jobs annually and contribute $1.3 trillion to U.S. gross domestic product through 2040 while having a negligible impact on domestic gas prices, according to a new comprehensive study by S&P Global. The study projects U.S. LNG export capacity to do ...

Annual look-ahead highlights a more challenging economic outlook NEW YORK, Dec. 17, 2024 /PRNewswire/ -- Policy uncertainties dominate the economic outlook, damaging growth prospects, according to an S&P Global Market Intelligence report released today. In the newly published Top 10 Economic Insights for 2025, S&P Global Market Intelligence economists provide their take on global and regional economic performance, inflation and monetary policy prospects and highlight key risks. "Heading into 2025, the focus ...

Increased safety stockpiling reported by North American manufacturers, led by the U.S., as firms anticipate higher imported costs Asian factories' purchasing of inputs rises at the fastest rate in three-and-a-half years as firms, particularly in China, ramp up production to meet stronger orders, reflecting domestic stimulus measures and advanced buying ahead of possible tariffs By contrast, Europe's industrial recession worsens in November, in large part due to Germany's deepening manufacturing downturn CL ...

TPM25 by S&P Global to be held in Long Beach, CA, March 2–5, 2025, under the theme of "Finding reliability in an unreliable world" NEW YORK, Dec. 16, 2024 /PRNewswire/ -- TPM, organized by the Journal of Commerce within S&P Global, will be held in Long Beach, California, on March 2–5, 2025. This will mark the 25th anniversary of TPM, the premier global container shipping and supply chain conference. Under the theme of "Finding Reliability in an Unreliable World", TPM25 will take place against the backdrop o ...

NEW YORK and AMSTERDAM, Dec. 13, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI"), the world's leading index provider, today announced the results of the annual Dow Jones Sustainability Indices (DJSI) rebalancing and reconstitution. The DJSI are float-adjusted market capitalization weighted indices that measure the performance of companies selected using environmental, social and governance (ESG) criteria. The DJSI, including the Dow Jones Sustainability World Index (DJSI World), were launched in 1999 ...

Winners Hailed from Australia, Canada, France, India, Spain, Turkey, UAE, UK, and the US NEW YORK, Dec. 12, 2024 /PRNewswire/ -- S&P Global Commodity Insights, the leading global independent provider of data, insights, analysis and benchmark prices for the commodities and energy transition markets, tonight honored industry excellence in 19 performance categories and winners from nearly a dozen countries at the Platts Global Energy Awards gala held at the Casa Cipriani South Street in downtown New York City. ...

Core Insights - U.S. factories are significantly reducing purchases, indicating potential manufacturing weakness that may impact the broader economy in 2025 [1][3] - In contrast, Chinese factories are experiencing growth after three months of declining input purchasing [1][4] - Europe's industrial recession continues, particularly affecting Germany, France, and Austria [1][5] Demand Conditions - The GEP Global Supply Chain Volatility Index recorded -0.39 in October, indicating high levels of spare capacity among global suppliers [1] - Procurement activity remains weak globally, with North America showing the weakest purchasing activity in October [8] - Demand for commodities, components, and raw materials is contracting at one of the steepest rates seen in 2024 [8] Inventory Management - Inventory drawdowns have intensified across factories worldwide, with companies aiming to manage stocks tightly in response to weak order situations [8] - Reports of safety stockpiling are low by historical standards, reflecting a cautious approach to cash flow management [8] Labor and Transportation - Labor shortages are causing backlogs to rise, although factory employment levels have decreased recently [9] - Global transportation costs remained consistent with long-run averages during October [9] Regional Analysis - North America: Index at -0.72, indicating substantial spare capacity among suppliers [10] - Europe: Index at -0.52, showing a continuation of the industrial recession [10] - Asia: Index at -0.20, with India showing strong positive influence despite overall spare capacity [10]