Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1] - The Zacks Style Scores are designed to help investors select stocks with the highest potential to outperform the market in the short term [3] Zacks Style Scores Overview - The Zacks Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [4][5][6][7] - Value Score identifies undervalued stocks using financial ratios [4] - Growth Score assesses a company's financial health and future growth potential [5] - Momentum Score capitalizes on existing price trends and earnings outlook [6] - VGM Score combines all three styles to provide a comprehensive evaluation of stocks [7] Zacks Rank and Performance - The Zacks Rank is a proprietary model that utilizes earnings estimate revisions to guide investment decisions [8] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] - There are over 800 top-rated stocks available, making it essential for investors to utilize Style Scores for effective selection [10] Stock Example: Comstock Resources - Comstock Resources, Inc. is an independent oil and gas exploration and production company primarily operating in Texas and Louisiana [13] - The company currently holds a 3 (Hold) Zacks Rank with a VGM Score of B [13] - Comstock Resources has a Momentum Style Score of B, with shares increasing by 4.5% over the past four weeks [14] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate rising by $0.18 to $0.73 per share [14] - The company has an impressive average earnings surprise of 172.2%, making it a noteworthy option for investors [14]

Company Overview - EOG Resources (EOG) shares increased by 3.9% to close at $125.28, with notable trading volume compared to typical sessions, and a 4.1% gain over the past four weeks [1][2] - The company's financial performance is closely linked to oil and gas prices, which recently surged nearly 7% due to geopolitical tensions in the Middle East, particularly the conflict between Iran and Israel [2] Financial Performance - EOG Resources is expected to report quarterly earnings of $2.11 per share, reflecting a year-over-year decline of 33.2%, with revenues projected at $5.37 billion, down 10.9% from the previous year [3] - The consensus EPS estimate for EOG has been revised 3.8% lower over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] Industry Context - EOG Resources operates within the Zacks Oil and Gas - Exploration and Production - United States industry, which includes other companies like Riley Exploration Permian, Inc. (REPX) [5] - REPX's consensus EPS estimate has changed by -11.3% over the past month, representing a decline of 21.7% from the previous year, and it also holds a Zacks Rank of 3 (Hold) [6]

Core Insights - Equinor ASA has released its Energy Perspectives 2025 report, outlining four divergent scenarios for the global economy, energy markets, and greenhouse gas emissions amid rising geopolitical tensions and a delayed energy transition [1][9] Group 1: Emissions and Climate Action - Equinor's chief economist highlighted that the current geopolitical landscape and trade conflicts hinder global cooperation necessary for a Paris-aligned energy transition, with short-term political priorities overshadowing climate ambitions [2] - The report indicates that rising global greenhouse gas emissions in 2024 suggest a deviation from the 1.5°C climate target set by the Paris Agreement, with fragmentation in the global response to climate change posing significant risks [3] Group 2: Future Scenarios - The Energy Perspectives 2025 report presents four scenarios: Walls, Silos, Plazas, and Bridges, reflecting varying levels of cooperation, technological advancement, and policy direction, aimed at facilitating strategic thinking in an uncertain environment [4][9] - The "Walls" and "Silos" scenarios depict a fragmented world with slow progress on climate goals, while "Plazas" suggests moderate collaboration that still fails to meet the 1.5°C target; only the "Bridges" scenario aligns with the Paris Agreement but requires rapid global cooperation [5] Group 3: Long-Term Vision - Despite the challenges, the Bridges scenario indicates a potential pathway to a sustainable future aligned with the Paris Agreement, emphasizing the need for swift global cooperation to avoid a slower and more costly energy transition [6][7]

Key Takeaways Crude surged over 7% Friday after Israeli airstrikes hit key Iranian nuclear and energy infrastructure. CIVI, APA and FANG rose as oil markets priced in heightened geopolitical risk and supply concerns. Iran threats to the Strait of Hormuz and Israeli gas platform shutdowns compound global energy market fears.The Middle East is once again at the heart of global energy turbulence. In a dramatic escalation, Israel launched coordinated airstrikes on Iranian nuclear and energy infrastructure — r ...

Key Takeaways CVX has shut down the Leviathan gas field due to Israeli security directives tied to regional tensions. The halt ends exports to Egypt, intensifying energy strain and disrupting Mediterranean-Europe gas flows. Plans to expand Leviathan's output to 21 bcm annually are now suspended amid escalating geopolitical risks.Chevron Corporation (CVX) , a Houston, TX-based integrated oil and gas company, has confirmed the complete shutdown of its massive Leviathan gas field, situated in the Levant Basi ...

Core Insights - OMS Energy Technologies Inc. has successfully listed on Nasdaq and is preparing for its inaugural earnings call, highlighting a strong operational foundation and commitment to financial management [1][3] Operational Highlights - The company has established long-term contracts and relationships with oil companies and service providers across Asia Pacific, MENA, and West Africa, including a new contract in Angola [4][6] - OMS is experiencing customer growth in Indonesia, attracting new clients and driving sales of surface wellhead and Christmas tree products [5] - A new three-year agreement with PTTEP in Thailand and a 10-year supply agreement with Saudi Aramco are expected to stabilize and significantly boost revenue [6] Geographic and Talent Pool Expansion - OMS operates 11 manufacturing facilities across six countries, enhancing its competitive edge by hiring local talent and participating in government contracts [7] - The company is exploring new jurisdictions to increase market share and expand its global reach [7] Product Development & Manufacturing Advancements - OMS is investing $1.1 million in Additive Manufacturing research to develop a metallic seal for high-pressure-high temperature gate valves, which is expected to improve supply chain efficiency [10] - The company is leveraging its manufacturing expertise to fulfill orders under long-term agreements with major clients, ensuring shorter lead times [11] Occupational Health, Safety and Environmental Management Enhancements - OMS holds multiple ISO certifications, including ISO 9001 and ISO 45001, demonstrating its commitment to quality and safety in operations [12] Strategic Development Initiatives - The company is focused on sustainable growth through R&D collaborations and exploring acquisitions and joint ventures to diversify revenue [13]

Company Overview - Diamondback Energy (FANG) shares increased by 3.7% to close at $154.91, with a notable trading volume compared to normal sessions, and a total gain of 5.2% over the past four weeks [1][2] Recent Developments - The company amended its credit agreement with Wells Fargo Bank, extending the maturity to 2030 and reducing interest rates, which enhanced investor confidence in its financial stability [2] - Escalating tensions between Israel and Iran have driven oil prices up, benefiting U.S. shale producers like Diamondback Energy due to concerns over the security of the Strait of Hormuz, a key oil supply route [2] Earnings Expectations - Diamondback is expected to report quarterly earnings of $2.72 per share, reflecting a year-over-year decline of 39.8%, while revenues are projected to be $3.41 billion, an increase of 37.2% from the previous year [3] - The consensus EPS estimate has been revised 6.4% lower over the last 30 days, indicating a negative trend in earnings estimate revisions, which typically does not lead to price appreciation [4] Industry Context - Diamondback Energy is part of the Zacks Oil and Gas - Exploration and Production - United States industry, which includes other companies like Comstock Resources (CRK) [5] - Comstock's EPS estimate for the upcoming report remains unchanged at $0.16, representing a year-over-year increase of 180% [6]

Group 1 - The core viewpoint of the news is that domestic crude oil futures experienced a significant increase, with the main crude oil contract rising over 5% on June 16 [1] - As of June 16, the main crude oil contract rose by 5.68%, reaching 542.90 yuan per barrel, while fuel oil and liquefied petroleum gas also saw notable increases [1][2] - The price movements in the futures market indicate a bullish trend across various oil-related contracts, including fuel oil and low-sulfur fuel oil [1][2] Group 2 - On June 13, commodity warehouse data showed that the inventory of medium-sulfur crude oil futures remained stable at 4,029,000 barrels, while fuel oil futures inventory was unchanged at 24,750 tons [3] - The data also indicated a phenomenon of "backwardation" in the market for fuel oil, asphalt, and liquefied petroleum gas, where spot prices exceeded futures prices [3] - The basis data revealed that the basis rates for fuel oil, asphalt, and liquefied petroleum gas were 40.77%, 1.54%, and 13.11% respectively, indicating varying levels of market dynamics [3]

Core Viewpoint - The ongoing conflict between Iran and Israel is causing significant volatility in oil prices, with energy company CEOs expressing caution in making predictions about future price movements [2][3][7]. Group 1: Company Responses - Lorenzo Simonelli, CEO of Baker Hughes, emphasized the unpredictability of oil prices, stating that attempts to forecast them are likely to be incorrect [2]. - Meg O'Neill, CEO of Woodside Energy, noted that the company is closely monitoring the conflict's impact on global markets and highlighted the significant effects on forward prices due to recent events [3][4]. - Both CEOs indicated a wait-and-see approach regarding their projects, reflecting the fluid nature of the situation [3]. Group 2: Geopolitical Context - The Strait of Hormuz, a critical waterway for global oil transit, remains open as of the latest reports, although there are concerns about potential Iranian actions to close it in response to the conflict [5][8]. - Approximately 20% of the world's oil passes through the Strait of Hormuz, underscoring its importance in the global energy supply chain [7][8]. - Historical precedents were cited by O'Neill, linking oil prices to geopolitical events, including World War II and the 1970s oil crisis [7].

Global Commodities Research 13 June 2025 Oil Flash Note J P M O R G A N Israel's attack on Iran raises worst-case scenario probability to 17% Israel launched a wide-ranging attack on Iran's nuclear program and military leadership overnight, striking dozens of targets in an operation that pushes the region into a new conflict with uncertain consequences. While the initial attack avoided energy targets, the Israeli offensive could extend over several days, with Iran vowing to retaliate, potentially having a s ...