Summary of Global Oil and Gas Valuation Report Industry Overview - The report focuses on the **Global Oil and Gas** industry, providing insights into major companies and their valuations as of **30 July 2025** [1][2]. Key Companies Mentioned - **India**: Bharat Petroleum, Hindustan Petroleum, Indian Oil, ONGC, Reliance Industries - **Europe**: BP, BW LPG, Ceres Power, ENI, Fuchs Petrolub, Galp, Industrie De Nora, ITM Power, MOL, Motor Oil - **North America**: Aemetis, Antero Resources, APA Corp, Chevron, ExxonMobil, Halliburton, Suncor Energy, and many others - **China**: CNOOC, Petrochina, Sinopec - **Saudi Arabia**: Saudi Aramco - **UAE**: Adnoc Dist, Adnoc Drilling [2]. Core Insights and Arguments - **Valuation Metrics**: The report includes various valuation metrics such as **EV/DACF**, **FCF Yield**, and **P/E Ratios** for major oil companies, indicating their financial health and market performance [8]. - **Performance Ratings**: Companies are rated with recommendations such as **Buy**, **Neutral**, or **Sell** based on their expected performance. For example, **Chevron** and **ExxonMobil** are rated as **Buy** with target prices indicating potential upside [8]. - **Market Trends**: The report highlights trends in the oil and gas sector, including production growth rates and expected changes in earnings per share (EPS) for the years 2025-2027 [8]. Financial Highlights - **BP**: Current price at **405.7 GBp**, target price **375 GBp**, with a rating of **Neutral** and a projected **CAGR** of **8%** for 2025-2027 [8]. - **Chevron**: Current price **157.03 USD**, target price **177 USD**, rated **Buy** with a **CAGR** of **9%** [8]. - **ExxonMobil**: Current price **112.88 USD**, target price **130 USD**, rated **Buy** with a **CAGR** of **8%** [8]. - **Shell**: Current price **2,697 GBp**, target price **2,950 GBp**, rated **Buy** [8]. - **TotalEnergies**: Current price **52.53 USD**, target price **57.0 USD**, rated **Buy** [8]. Additional Important Information - **Analyst Conflicts**: The report discloses potential conflicts of interest as UBS may have business relationships with the companies covered, which could affect objectivity [4]. - **Macro Assumptions**: The report includes macroeconomic assumptions that influence the oil and gas market, such as global demand and supply dynamics, geopolitical factors, and regulatory changes [5]. - **Definitions and Metrics**: Key financial metrics and definitions are provided to ensure clarity in the analysis, such as **EBITDAX** and **Gearing** ratios [7]. This comprehensive overview provides a detailed understanding of the current state and future outlook of the global oil and gas industry, highlighting key players, financial metrics, and market trends.

Billionaire Aliko Dangote has hired David Bird, a former executive of Shell, to lead his refinery and petrochemical firm as the Nigerian tycoon embarks on his next project of building a port to support the rapid growth of his industrial empire https://t.co/1qYBC4GM8h ...

Welcome back. Shell's profit falling more than 20% since last quarter, but it still beat estimates. Shell also announcing another $3.5% billion share buyback over the next three months.It's the 15th straight quarter of buybacks above $3 billion. Joining us now to talk about the business is Shell CEO while San. It's great to have you back while nice to see you. >> Good to see you, Sarah.Thank you for having me. So, so what is I mean I know there are are things like the chemical closure and sort of uh noise g ...

With energy prices dipping over the course of the second quarter, the FTSE 100 company said on Thursday that its adjusted earnings, or net profit, fell 32% to $4.3 billion over the three months to June 30. Shell reported adjusted earnings of $6.29 billion over the same period last year and $5.58 billion in the first three months of 2025. Over the course of the second quarter, global proxy benchmark Brent crude averaged around $67 a barrel during versus $75 a barrel in the first quarter, and above $80 in the ...

Core Insights - Quadient has formed a partnership with Shell Service Stations to deploy smart lockers across the UK, with an initial rollout of 200 locations [1][2][3] - The collaboration aims to enhance convenience for customers by providing a secure platform for 24/7 delivery, returns, and exchanges, while also supporting Shell's commitment to sustainable services [2][3] Group 1: Partnership Details - The partnership will see Parcel Pending by Quadient smart lockers installed at Shell's over 540 petrol forecourt locations in the UK [1][3] - The goal is to scale up to 5,000 open-access units nationwide by 2027, enhancing last-mile logistics [2][3] Group 2: Benefits and Features - The smart lockers will be accessible to all carriers and service providers, offering flexible services such as temporary storage, prescription pickup, and click-and-collect retail orders [2][3] - This initiative is expected to simplify logistics and improve customer experience by integrating parcel services into everyday routines [3] Group 3: Company Background - Quadient is a global automation platform focused on secure and sustainable business connections, supporting digital transformation for businesses of all sizes [4] - The company is listed on Euronext Paris and is part of the CAC Mid & Small and EnterNext Tech 40 indices [4]

Shell profit slumped 32% in the second quarter as prices retreated and its oil and gas traders struggled to navigate wild market swings driven by unpredictable newsflow https://t.co/5KGj8pLUNt ...

Core Viewpoint - The interim management statement for Hargreave Hale AIM VCT PLC highlights a strong recovery in equity markets, particularly in the AIM sector, despite ongoing economic challenges in the UK. The company has reported its best quarterly performance in four years, driven by positive investment returns and strategic positioning in the market [2][4][6]. Investment Performance - The unaudited NAV per share increased by 1.95 pence from 34.48 pence to 36.43 pence, resulting in a total return of 5.66% for the quarter [7]. - Qualifying investments returned 1.42 pence per share, while non-qualifying investments gained 0.71 pence per share [7]. Market Overview - Following Liberation Day, market volatility was replaced by a more constructive outlook, with expectations of tariffs on US imports settling between 15-20%, which is lower than initial fears but higher than historical averages [3]. - The UK market benefited from an early trade deal with the USA, leading to strong gains in equity markets, particularly in AIM, which recorded a 12.1% increase [4][6]. Economic Context - The UK economy continues to face challenges, with a rising unemployment rate and mixed consumer confidence. However, June PMI data indicates a potential improvement after two months of contraction [5]. - Inflation is expected to peak in the current quarter, allowing for potential interest rate cuts, which could positively impact small company valuations [5]. Qualifying Investments - Cohort saw a significant increase of 29.5% in valuation, supported by a strong order book and positive trading outlook [9]. - The Property Franchise Group reported a 31.0% increase in valuation, driven by strong EBITDA growth following strategic mergers and acquisitions [10]. - Gousto's valuation increased by 51.8% due to good operating performance and rising peer valuations [11]. - Eagle Eye experienced a decline of 44.8% due to the loss of a significant contract, impacting revenue forecasts [12]. - Oberon Investments Group and Maxcyte saw declines of 18.6% and 22.5%, respectively, with Maxcyte de-listing from AIM [13][14]. Non-Qualifying Investments - The non-qualifying portfolio saw an increase of £1.28 million, with Chemring and Wickes performing well, while Shell and Hollywood Bowl faced declines [15]. Portfolio Structure - The VCT ended the period at 93.25% invested, comfortably above the HMRC defined investment test [16]. - The market for new qualifying investments remains subdued, with only two VCT qualifying IPOs in the last 12 months [17]. Share Buybacks and Discount Control - The company acquired 1.5 million shares at an average price of 33.54 pence, with the share price increasing from 33.8 pence to 34.10 pence during the quarter [22]. Post Period End - As of 18 July 2025, the unaudited NAV per share decreased slightly to 36.34 pence, while AIM increased by 0.54% [23].

Summary of Global Oil and Gas Valuation Report Industry Overview - The report focuses on the **Global Oil and Gas** industry, providing insights into major oil companies and their valuations as of July 23, 2025 [1][2]. Key Companies Mentioned - **India**: Bharat Petroleum, Hindustan Petroleum, Indian Oil, ONGC, Reliance Industries - **Europe**: BP, BW LPG, Ceres Power, ENI, Fuchs Petrolub, Galp, Industrie De Nora, ITM Power, MOL, Motor Oil - **North America**: Aemetis, Antero Resources, APA Corp, Chevron, ExxonMobil, Halliburton, Suncor Energy, and others - **China**: CNOOC, Petrochina, Sinopec - **Saudi Arabia**: Saudi Aramco - **Others**: Companies from South Africa, Thailand, South Korea, Japan, Australia, and Latin America are also included [2]. Core Insights and Arguments - **Valuation Metrics**: The report provides various valuation metrics such as EV/DACF (Enterprise Value to Debt-Adjusted Cash Flow), FCF Yield (Free Cash Flow Yield), and P/E ratios for major oil companies [9]. - **Performance Ratings**: Companies are rated based on their performance, with ratings such as "Buy," "Neutral," and "Sell" provided for several firms. For example, Chevron and ExxonMobil are rated as "Buy" with target prices indicating potential upside [9]. - **Growth Projections**: The report includes projected growth rates for earnings per share (EPS) and production growth for the years 2025-2027, indicating a CAGR (Compound Annual Growth Rate) for various companies [9]. - **Market Capitalization**: The report lists the market capitalization of major companies, with ExxonMobil having a market cap of $477 billion and Chevron at $295 billion [9]. Important but Overlooked Content - **Regional Analysis**: The report highlights the performance of oil companies across different regions, indicating varying growth rates and market conditions. For instance, the US market is projected to have a 19% upside, while the global average is around 12% [9]. - **Conflict of Interest Disclosure**: UBS acknowledges potential conflicts of interest in its research, advising investors to consider this report as one of many factors in their investment decisions [5][4]. - **Analyst Team**: The report is prepared by a team of analysts specializing in different regions and sectors within the oil and gas industry, providing a comprehensive view of the market [3][6]. Conclusion - The Global Oil and Gas Valuation report provides a detailed analysis of major oil companies, their valuations, and market performance. It serves as a critical resource for investors looking to understand the dynamics of the oil and gas sector as of mid-2025.

Group 1 - Civitas Capital Group appointed Mine Ekim as Managing Director, Legal & Head of Investor Experience, bringing over 15 years of international legal and compliance expertise [1][2] - Ms. Ekim will oversee fund formation, regulatory and compliance matters, and firmwide legal initiatives, while enhancing investor engagement and operational excellence [1][2] - The company has worked with more than 1,500 investors across 40 countries over the past 15 years, focusing on providing niche opportunities in U.S. real estate [4] Group 2 - Daniel J. Healy, CEO of Civitas, emphasized Ms. Ekim's global perspective and commitment to investor-first thinking as key attributes for the company's growth and innovation [2] - Ms. Ekim has held significant roles at major organizations, including Dow Jones & Company and Shell, and most recently served as Managing Director, Legal & Compliance at a real estate investment firm [2][3] - She is recognized for her leadership and dedication to mentorship, having been named one of the "50 Women to Watch" by Corporate Counsel Business Journal in 2023 [3]

Core Insights - Eco Wave Power Global AB has signed an agreement with C&S Welding Inc. for the installation of wave energy floaters and energy conversion units at the Port of Los Angeles, marking a significant step in the deployment of onshore wave energy technology in the U.S. [1][2][5] Company Overview - Eco Wave Power is a leader in onshore wave energy technology, utilizing patented technology to convert ocean waves into clean electricity. The company is expanding its global footprint with projects planned in various locations, including the Port of Los Angeles, Portugal, Taiwan, and India, contributing to a project pipeline of 404.7 MW [9][10]. Project Details - The project at the Port of Los Angeles will demonstrate Eco Wave Power's technology, where floaters are attached to existing marine structures and connected to a land-based conversion unit. This system is designed for scalability, low maintenance, and minimal environmental impact, making it suitable for port and coastal infrastructure [7]. Partner Information - C&S Welding Inc., a family-owned business based in Wilmington, CA, specializes in welding, fabrication, and marine infrastructure. The company has a strong safety record and industry certifications, making it a reliable partner for this clean energy project [4][8]. Project Timeline - All floaters for the project have been fabricated by All-Ways Metal, a woman-owned business, and are expected to be fully assembled in the upcoming week, keeping the installation timeline on track [6].