RT Bloomberg New Economy (@BBGNewEconomy)"Energy technology is the most important. People are starting to realize now with AI development the foundation is about energy." Chairman @envisioncn Lei Zhang #BloombergNewEconomy @flacqua⏯️ https://t.co/Sqkf8dKmnN https://t.co/3fer10oDVo ...

Core Insights - Baker Hughes Company (BKR) is a leading oilfield service provider with a market cap of $45.4 billion, offering a range of products and services including drilling and integrated well services [1] Performance Overview - BKR shares have outperformed the broader market, gaining 21.9% over the past year compared to the S&P 500 Index's 17.5% increase [2] - Year-to-date in 2025, BKR stock is up 14.7%, slightly lagging behind the S&P 500's 15.6% rise [2] - Compared to the SPDR S&P Oil & Gas Equipment & Services ETF (XES), which gained 1.3% over the past year, BKR's performance is significantly stronger [3] Business Drivers - The strong performance of BKR is attributed to its Industrial & Energy Technology segment, which has seen record LNG equipment bookings and growth in power generation [4] - Key achievements include major LNG contracts and the adoption of Cordant software and gas turbine technology for geothermal projects [4] - The company has identified a $40 billion opportunity in gas infrastructure and energy efficiency by 2028 [4] Financial Results - In Q3, BKR reported an adjusted EPS of $0.68, exceeding Wall Street's expectation of $0.61, with revenue of $7 billion surpassing forecasts of $6.8 billion [5] - Analysts project a 3.8% growth in BKR's EPS to $2.44 for the current fiscal year ending in December [5] - BKR has consistently beaten consensus estimates in the last four quarters [5] Analyst Ratings - Among 20 analysts covering BKR, the consensus rating is a "Strong Buy," with 14 "Strong Buy" ratings, two "Moderate Buys," and four "Holds" [6] - This rating configuration has improved from three months ago, where 13 analysts suggested a "Strong Buy" [7]

Core Insights - Schneider Electric's annual Innovation Summit in Copenhagen gathered over 5,000 attendees, including 600 global C-level executives, to discuss the evolving energy landscape and the company's role as an energy technology partner [1][2]. Company Vision and Strategy - CEO Olivier Blum emphasized the need for energy to empower innovation and sustainability, projecting a 60% increase in global power needs over the next 15 years and a tripling of renewable energy share by 2030 [3][4]. - The company aims to lead the industry in adapting to climate and technological changes, focusing on electrification, automation, and digital intelligence [4][5]. Technological Innovations - Schneider Electric integrates real-time energy and automation control with scalable software across various sectors, enhancing operational efficiency through its EcoStruxure platform [5]. - The keynote highlighted successful partnerships, such as with NVIDIA and EcoDataCenter, to create advanced AI-driven infrastructures [6]. Customer Success Stories - Schneider Electric collaborated with Acciona to implement a digital thread across water treatment plants, resulting in a 5% reduction in operating costs and improved asset performance [6]. - The company assisted Sidara in developing a resilient workplace that achieved a 90-point comfort score and maintained 24/7 uptime [6]. Industry Collaboration - Blum stressed the importance of partnerships and ecosystems in addressing industry challenges, envisioning a future where energy systems are intelligent and adaptive [9][10]. - The event featured over 100 speakers and 50 sessions, fostering collaboration among industry leaders [11]. Additional Announcements - Schneider Electric introduced SE Advisory Services, launched a local battery energy storage solution, and revealed potential savings of €250 billion per year in Europe through accelerated electrification [15].

Core Points - Nabors Industries Ltd. will discuss its third-quarter operating results on October 29, 2025, at 10:00 a.m. Central Time [1] - The earnings release will occur after market close on October 28, 2025 [1] Conference Call Details - The conference call can be accessed via US Toll Free number (888) 317-6003, Canada Toll Free (866) 284-3684, and International (412) 317-6061 [2] - Participants are advised to call 10 to 15 minutes early for proper connection [2] Replay Information - The conference call will be recorded and available for replay until November 5, 2025, at 4:00 p.m. CT [3] - Replay can be accessed using the North America number (877) 344-7529 or International (412) 317-0088 with Conference Replay Entry Number: 9724612 [3] Webcast Information - A live audio webcast of the conference call will be available on Nabors' website [4] - The earnings release and any supplemental presentation will also be downloadable from the website [4] Company Overview - Nabors Industries is a leading provider of advanced technology for the energy industry, operating in over 20 countries [5] - The company focuses on drilling, engineering, automation, data science, and manufacturing to innovate energy solutions and support the transition to a lower-carbon world [5]

Core Insights - Baker Hughes has received a significant contract from Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) to supply subsea production and intelligent completion systems for the Sakarya Gas Field Phase 3 [1][2] Group 1: Project Details - The agreement includes the provision of deepwater horizontal tree systems and associated subsea structures and control systems for production at depths ranging from 6,500 to 7,200 feet [2][4] - Baker Hughes will integrate advanced completions technologies such as InForce HCMTM-A interval control valves and SureTREAT chemical injection valves to enhance operational efficiencies [4] Group 2: Strategic Importance - The development of the Sakarya gas fields is pivotal for transforming Turkey's energy sector, contributing to a more prosperous and secure future for the country [3] - Baker Hughes has been collaborating with TPAO and TP-OTC since the project's inception in 2022, focusing on reservoir and technology evaluations for the unique subsurface geology of the field [3] Group 3: Timeline and Execution - Deliveries and execution for the Sakarya Gas Field Phase 3 are set to commence in late 2025 [4]

Financial Performance - LTM Net Sales reached $4.1 billion[14] - LTM Adjusted EBITDA was $736 million[14] - The company anticipates free cash flow of approximately $500 million in 2024[121] - Q3 2024 Net Sales were $1,173.6 million, a 9.6% increase year-over-year[147] - Q3 2024 Adjusted EBITDA was $231.9 million, a 22.9% increase year-over-year[147] Revenue Mix - Residential product net sales accounted for 55% of the total, amounting to $2.3 billion[14, 19] - Commercial & Industrial product net sales represented 34% of the total, amounting to $1.4 billion[14, 19] - Other product net sales made up 11% of the total, amounting to $0.5 billion[14, 19] - Domestic net sales accounted for 83% of the total, while international net sales accounted for 17%[14] Market Opportunity - The U S home standby generator penetration rate is approximately 6 25%[63] - The company estimates that every 1% increase in penetration represents a $3 5 billion opportunity[63] - US Average Electricity Prices have increased +33% since 2020[72]

Core Insights - Flotek Industries (FTK) has achieved a 52-week high of $16.83, reflecting a remarkable 200% increase over the past year, driven by investor confidence in its transformation strategy focused on recurring revenues, analytics expansion, and global growth [1][8] - The company is set to join the Russell 3000 Index, which is expected to enhance its visibility and attract institutional interest [10] Strategic Developments - Flotek's strategic acquisition of power optimization assets from ProFrac Holding Corp. for $108 million is a significant catalyst for growth, transitioning the company into a recurring-revenue, data-focused business model [3] - The acquisition is projected to generate $14 million in EBITDA for 2025 and $20 million for 2026, with 22 units already leased to ProFrac [3][8] Revenue Growth and Market Position - The Data Analytics Services (DAS) segment is becoming more predictable, supported by a $20 million annual take-or-pay chemistry contract with ProFrac, providing long-term revenue visibility [4] - International chemistry revenues surged nearly 250% year-over-year in Q1 2025, with strong growth in the Middle East and Argentina, positioning FTK to diversify its customer base [5][9] Financial Performance - In Q1 2025, Flotek reported a 37% year-over-year revenue growth, a 41% increase in gross profit, and a 244% surge in net income, with adjusted EBITDA nearly doubling [9] - Management anticipates an 80% year-over-year growth in adjusted EBITDA for 2025, driven by operating leverage from analytics assets and international expansion [10] Competitive Advantage - Flotek's hybrid model, which combines proprietary hardware with analytics and long-term leases, offers more predictability and margin resilience compared to competitors like ChampionX, which relies on one-time product sales [11][12] - The DAS segment is expected to generate more revenue in 2025 than in all of 2024, highlighting the effectiveness of the expanded partnership with ProFrac [12] Valuation and Growth Outlook - Flotek's forward price-to-earnings ratio stands at 25.71, higher than the subindustry average of 12.62, reflecting justified premium due to its growth potential [13] - The Zacks Consensus Estimate projects earnings growth of 56% in 2025 and 27% in 2026, indicating a strong growth profile in the energy services sector [15] Conclusion - Flotek's stock price surge is attributed to its successful execution across multiple fronts, including the ProFrac deal, international expansion, and a shift towards a high-margin, recurring-revenue model [18] - The company is currently rated as a Strong Buy, with upward estimate revisions and margin expansion providing a solid investment thesis [19]