Financial Performance - Kolibri Global Energy Inc. reported quarterly earnings of $0.08 per share, matching the Zacks Consensus Estimate, but down from $0.11 per share a year ago [1] - The company posted revenues of $11.11 million for the quarter, missing the Zacks Consensus Estimate by 2.86%, and down from $13.92 million year-over-year [2] - Over the last four quarters, Kolibri has surpassed consensus EPS estimates three times, but has only topped revenue estimates once [2][3] Market Performance - Kolibri Global Energy Inc. shares have increased approximately 13.9% since the beginning of the year, outperforming the S&P 500's gain of 8.6% [3] - The company's current Zacks Rank is 4 (Sell), indicating expectations of underperformance in the near future due to unfavorable estimate revisions [6] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $0.15 on revenues of $18.19 million, and for the current fiscal year, it is $0.59 on revenues of $69.36 million [7] - The outlook for the Alternative Energy - Other industry, where Kolibri operates, is currently in the bottom 33% of over 250 Zacks industries, which may impact stock performance [8]

Core Viewpoint - ConocoPhillips reported quarterly earnings of $1.42 per share, exceeding the Zacks Consensus Estimate of $1.36 per share, but down from $1.98 per share a year ago, indicating a mixed performance in earnings despite a positive surprise [1][2]. Financial Performance - The company achieved revenues of $14.74 billion for the quarter ended June 2025, which was 1.25% below the Zacks Consensus Estimate, but an increase from $14.14 billion year-over-year [2]. - Over the last four quarters, ConocoPhillips has surpassed consensus EPS estimates four times and topped revenue estimates twice [2]. Stock Performance - ConocoPhillips shares have declined approximately 6.1% since the beginning of the year, contrasting with the S&P 500's gain of 7.9% [3]. - The current Zacks Rank for ConocoPhillips is 3 (Hold), suggesting that the stock is expected to perform in line with the market in the near future [6]. Earnings Outlook - The consensus EPS estimate for the upcoming quarter is $1.52, with projected revenues of $15.36 billion, and for the current fiscal year, the EPS estimate is $6.45 on revenues of $62.29 billion [7]. - The trend of estimate revisions for ConocoPhillips was mixed prior to the earnings release, indicating potential volatility in future earnings expectations [6]. Industry Context - The Oil and Gas - Integrated - United States industry, to which ConocoPhillips belongs, is currently ranked in the bottom 14% of over 250 Zacks industries, which may negatively impact stock performance [8].

Core Viewpoint - Occidental Petroleum reported quarterly earnings of $0.39 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, but down from $1.03 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was +39.29%, following a previous surprise of +19.18% when actual earnings were $0.87 per share against an expectation of $0.73 [2] - Revenues for the quarter were $6.46 billion, slightly missing the Zacks Consensus Estimate by 0.34%, and down from $6.88 billion year-over-year [3] Stock Performance and Outlook - Occidental shares have declined approximately 12.8% year-to-date, contrasting with the S&P 500's gain of 7.1% [4] - The current consensus EPS estimate for the upcoming quarter is $0.62 on revenues of $6.66 billion, and for the current fiscal year, it is $2.29 on revenues of $26.68 billion [8] Industry Context - The Oil and Gas - Integrated - United States industry is currently ranked in the bottom 10% of over 250 Zacks industries, indicating potential challenges for stock performance [9] - Epsilon Energy Ltd., another company in the same industry, is expected to report earnings of $0.08 per share, reflecting a year-over-year change of +100%, with revenues projected at $11.85 million, up 62.1% from the previous year [10][11]

Core Viewpoint - Atlas Energy Solutions Inc. reported break-even quarterly earnings per share, missing the Zacks Consensus Estimate of $0.14, and showing a decline from $0.16 per share a year ago, resulting in an earnings surprise of -100.00% [1] - The company has not surpassed consensus EPS estimates over the last four quarters, with revenues of $288.68 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 2.35% [2] Financial Performance - The company reported revenues of $288.68 million for the quarter, slightly up from $287.52 million year-over-year [2] - Atlas Energy Solutions Inc. shares have decreased by approximately 43.6% since the beginning of the year, contrasting with the S&P 500's gain of 6.1% [3] Future Outlook - The company's earnings outlook is crucial for investors, with current consensus EPS estimates at $0.13 for the coming quarter and $0.42 for the current fiscal year, with revenues expected to be $288.89 million and $1.16 billion respectively [7] - The Zacks Rank for Atlas Energy Solutions Inc. is currently 4 (Sell), indicating expectations of underperformance in the near future [6] Industry Context - The Oil and Gas - Integrated - United States industry is currently ranked in the bottom 22% of over 250 Zacks industries, suggesting a challenging environment for companies within this sector [8]

Industry Overview - The Zacks Oil & Gas US Integrated industry includes companies involved in upstream and midstream energy businesses, focusing on oil and natural gas exploration and production, as well as transportation and refining activities [3] - The upstream business is closely linked to oil and gas prices, with midstream assets generating stable fee-based revenues [3] Current Trends - The pricing environment for crude oil is expected to soften significantly, with the U.S. Energy Information Administration projecting the West Texas Intermediate spot average price at $62.33 per barrel for this year, down from $76.60 the previous year, which will negatively impact upstream operations [4] - A slowdown in oil production growth is occurring due to shareholder demands for capital returns over production expansion, leading to reduced revenues as upstream operations rely heavily on volume [5] - Growing demand for renewable energy is creating uncertainty for integrated energy firms, as the shift towards solar and wind energy is expected to decrease reliance on fossil fuels [6] Industry Performance - The Zacks Oil & Gas US Integrated industry currently holds a Zacks Industry Rank of 204, placing it in the bottom 17% of over 250 Zacks industries, indicating a bearish outlook [7][8] - Over the past year, the industry has underperformed the broader Zacks Oil - Energy sector and the S&P 500, declining by 12.9% compared to a 0.3% gain for the sector and a 12.9% increase for the S&P 500 [10] Valuation Metrics - The industry is currently trading at an EV/EBITDA ratio of 4.79X, lower than the S&P 500's 17.49X but slightly higher than the sector's 4.78X [14] - Historically, the industry has traded between 3.36X and 14.40X over the past five years, with a median of 5.10X [14] Notable Companies - ConocoPhillips (COP) has a strong production outlook with lower debt exposure, positioning it well to handle adverse business conditions [17] - Occidental Petroleum (OXY) has a significant presence in key shale plays and achieved a reserve replacement rate of 230% in 2024 [20] - National Fuel Gas (NFG) is focused on developing resources in the Marcellus and Utica shale plays and has a long history of dividend payments [23] - Epsilon Energy (EPSN) is well-positioned to benefit from clean energy demand, with stable cash flows and no debt [26]

Group 1 - Cheniere Energy has entered into a long-term Integrated Production Marketing agreement with Canadian Natural Resources Limited to secure future LNG volumes, highlighting a growing partnership between upstream gas producers and global LNG marketers [1] - Under the agreement, CNQ will supply 140,000 million British Thermal Units of natural gas per day to Cheniere Marketing for 15 years starting in 2030, resulting in approximately 0.85 million tons per annum of LNG to be marketed by Cheniere [2] - The pricing for the LNG will be linked to the Platts Japan Korea Marker, ensuring transparency and market alignment, and the agreement is contingent upon a positive Final Investment Decision for Cheniere's Sabine Pass Liquefaction Expansion Project [2][4] Group 2 - The SPL Expansion Project aims to develop an expansion adjacent to the existing SPL Project with a production capacity of up to approximately 20 million tons per annum of LNG, positioning Cheniere to meet growing demand in Asia's LNG markets [3] - Regulatory approvals and acceptable commercial and financing arrangements are required before a positive FID can be made, with the deal with CNQ serving as a foundation for securing this decision [4] Group 3 - Investors in the energy sector may consider stocks like Flotek Industries and Epsilon Energy, both of which have a Zacks Rank of 1, indicating strong buy potential [5] - Flotek Industries is focused on prescriptive chemistry-based technology with a projected 55.88% year-over-year earnings growth for 2025 [6] - Epsilon Energy, an onshore oil and natural gas company, is expected to see a remarkable 200% year-over-year earnings growth for 2025 [7]

Industry Overview - Energy stocks are gaining strength as macro conditions improve and demand drivers increase, with recession fears easing and tariff negotiations progressing [1] - The global buildout of data centers is expected to significantly increase electricity demand, benefiting utilities, natural gas providers, and midstream energy firms [2] Crude Oil Market - Crude oil prices have shown technical strength, indicating a potential bottom, with recent price action suggesting a bullish reversal pattern [5][6] - A key resistance level has emerged near $64, and a breakout above this level could lead to a sustained move towards $70 [7] Company Highlights - **National Fuel Gas (NFG)**: - Vertically integrated natural gas company with a diverse business model, benefiting from multiple points along the energy value chain [8] - Currently holds a Zacks Rank 2 (Buy) with upward earnings revisions indicating analyst confidence [9] - Shares trade at 11.7x forward earnings, below the 10-year median of 14x and the industry average of 16.8x, with projected earnings growth of 20.4% annually over the next three to five years, resulting in a PEG ratio of 0.58 [10] - **Epsilon Energy (EPSN)**: - Small-cap natural gas exploration and production company focused on the Appalachian Basin, emphasizing capital efficiency and shareholder returns [11] - Holds a Zacks Rank 1 (Strong Buy) with earnings estimates surging, including a 38% increase for the current quarter [14] - Technical analysis shows a bullish flag pattern, with a breakout above $7.30 likely to trigger further buying [15] - **Global Partners (GLP)**: - Diversified midstream energy company involved in the wholesale, distribution, and retail of petroleum products, with a strong cash flow and market exposure [16] - Offers a 6% dividend yield, supported by consistent cash generation and a 10% average annual dividend increase over the last five years [17] - Holds a Zacks Rank 1 (Strong Buy) with significant earnings estimate revisions, including a 42.9% increase for the current quarter [18] Investment Outlook - With improving macro conditions, rising energy demand, and technical support in crude oil prices, the outlook for energy stocks is strengthening [20] - National Fuel Gas, Epsilon Energy, and Global Partners present a compelling mix of value, growth, and yield, making them attractive options for investors [20]

Group 1: Usinas Siderurgicas de Minas Gerais (USNZY) - The company is Latin America's largest flat steel complex and ranks among the world's top twenty steel producers [1] - The Zacks Consensus Estimate for its current year earnings has increased by 50% over the last 60 days [1] - The company has a dividend yield of 4.7%, significantly higher than the industry average of 1.7% [1] Group 2: Bank of Hawaii (BOH) - The bank holding company provides a wide range of products and services in Hawaii, Guam, and other Pacific Islands [2] - The Zacks Consensus Estimate for its current year earnings has increased nearly 10% over the last 60 days [2] - The company has a dividend yield of 4%, which is above the industry average of 3.1% [2] Group 3: Epsilon Energy (EPSN) - The company focuses on on-shore oil and natural gas, engaging in the acquisition, development, gathering, and production of reserves [3] - The Zacks Consensus Estimate for its current year earnings has increased nearly 9.1% over the last 60 days [3] - The company has a dividend yield of 3.7%, compared to the industry average of 2.4% [3]

Core Viewpoint - ConocoPhillips reported quarterly earnings of $2.09 per share, exceeding the Zacks Consensus Estimate of $2.06 per share, and showing an increase from $2.03 per share a year ago, indicating a positive earnings surprise of 1.46% [1] Financial Performance - The company achieved revenues of $17.1 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 3.37%, and reflecting a year-over-year increase from $14.48 billion [2] - Over the last four quarters, ConocoPhillips has exceeded consensus EPS estimates three times and topped revenue estimates twice [2] Stock Performance and Outlook - ConocoPhillips shares have declined approximately 11.6% since the beginning of the year, compared to a 4.3% decline in the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $1.57 on revenues of $15.23 billion, and for the current fiscal year, it is $6.63 on revenues of $62.73 billion [7] Industry Context - The Oil and Gas - Integrated - United States industry is currently ranked in the top 34% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8]

Tidewater (TDW) came out with quarterly earnings of $0.83 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non- recurring items. This quarterly report represents an earnings surprise of 69.39%. A quarter ago, it was expected that this offshore energy services provider would post earnings of $0.70 per share when it actually produced earnings of $0.70, delivering no surprise. Over the last four quarters, ...