Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Silver Standard Resources Inc. (SSRM) : This precious metal resource properties mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 15.9% over the last 60 days.HF Sinclair Corporation (DINO) : This independent energy company has seen the Zacks Consensus Estimate for its current year earnings increasing 53.6% over the last 60 days.Polaris Inc. (PII) : This manufacturer of powersports vehicles has ...

Here are three stocks with buy rank and strong value characteristics for investors to consider today, Oct. 20:Cenovus Energy Inc. (CVE) : This explorer and producer of crude oil, natural gas and natural gas liquids carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 16.9% over the last 60 days.Cenovus has a price-to-earnings ratio (P/E) of 11.63, compared with 11.70 for the industry. The company possesses a Value Scoreof A.HF Sinclair Corporation ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, Oct. 20:HF Sinclair Corporation (DINO) : This independent energy companyhas witnessed the Zacks Consensus Estimate for its current year earnings increasing 53.6% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 3.9%, compared with the industry average of 3.2%.Polaris Inc. (PII) : This manufacturer of powersports vehicles has witnessed the Zacks Consensus Estimate for its current yea ...

Core Insights - Five stocks have been added to the Zacks Rank 1 (Strong Buy) List, indicating strong potential for investment returns [1][2][3] Group 1: Company Performance - Pagaya Technologies Ltd. (PGY) has seen a 12.3% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - Sumitomo Mitsui Financial Group, Inc. (SMFG) has experienced a 7.2% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1] - HF Sinclair Corporation (DINO) has reported a significant 24.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - TPG Inc. (TPG) has seen a 15.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2] - Okeanis Eco Tankers Corp. (ECO) has experienced a 13.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]

Core Insights - Three stocks are highlighted with a buy rank and strong value characteristics for investors to consider on October 6th [1][2][3] Group 1: Elanco Animal Health Incorporated (ELAN) - Elanco has a Zacks Rank 1 and a 4.8% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 23.42, compared to 24.73 for the S&P 500 [1] - Elanco possesses a Value Score of B [1] Group 2: HF Sinclair Corporation (DINO) - HF Sinclair also carries a Zacks Rank 1, with a 24.8% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 14.46, significantly lower than the S&P 500's 24.73 [2] - HF Sinclair has a Value Score of B [2] Group 3: Embecta Corp. (EMBC) - Embecta holds a Zacks Rank 1, with a 4.3% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 4.89, which is much lower than the S&P 500's 24.73 [3] - Embecta possesses a Value Score of A [3]

Core Insights - Three stocks with strong income characteristics and buy rank are highlighted for investors to consider on October 6th [1][2]. Group 1: Okeanis Eco Tankers Corp. (ECO) - Okeanis Eco Tankers Corp. has seen a 13.9% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [1]. - The company has a dividend yield of 9.5%, significantly higher than the industry average of 1.2% [1]. Group 2: TPG Inc. (TPG) - TPG Inc. has experienced a 15.4% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]. - The company offers a dividend yield of 4%, compared to the industry average of 2.9% [2]. Group 3: HF Sinclair Corporation (DINO) - HF Sinclair Corporation has seen a substantial 24.8% increase in the Zacks Consensus Estimate for its current year earnings over the last 60 days [2]. - The company has a dividend yield of 3.9%, which is above the industry average of 2.8% [3].

California Resources Corporation (NYSE:CRC) ranks among the best cheap rising stocks to invest in now. UBS boosted its price target for California Resources Corporation (NYSE:CRC) to $70 from $63 on September 16, retaining a Buy rating on the company’s shares. The upgrade comes after California Resources Corporation (NYSE:CRC) acquired BRY, which UBS said was a solid move showing the company’s dedication to upstream activities in California. The purchase follows California Resources’ acquisition of Aera ...

Core Viewpoint - California Resources Corporation (CRC) announced a private offering of $400 million in senior unsecured notes to finance the repayment of existing debt related to the pending merger with Berry Corporation [1][2]. Group 1: Offering Details - The offering consists of $400 million in 7.000% senior unsecured notes due 2034, priced at par [1]. - The estimated net proceeds from the offering will be approximately $394 million after deducting discounts and expenses [2]. - The offering is expected to close on October 8, 2025, subject to customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds will be used to repay existing indebtedness of Berry Corporation in connection with the Berry Merger, as well as to cover fees and expenses related to the merger and the offering of the notes [2]. Group 3: Redemption Conditions - If the Berry Merger does not occur by March 14, 2026, or if the merger agreement is terminated, the notes will be subject to a special mandatory redemption at 100% of the initial issue price plus accrued interest [3]. Group 4: Company Overview - California Resources Corporation is an independent energy and carbon management company focused on energy transition and environmental stewardship [8]. - The company aims to maximize the value of its land and mineral ownership while developing carbon capture and storage (CCS) projects [9].

Core Viewpoint - HF Sinclair has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of earnings estimate revisions, which are strongly correlated with near-term stock price movements [4][6]. - HF Sinclair's rising earnings estimates reflect an improvement in its underlying business, likely leading to an increase in stock price [5]. Earnings Estimate Revisions - For the fiscal year ending December 2025, HF Sinclair is expected to earn $3.57 per share, unchanged from the previous year, but the Zacks Consensus Estimate has increased by 50.9% over the past three months [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating, indicating superior earnings estimate revisions [9][10]. - HF Sinclair's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Core Viewpoint - The merger between California Resources Corporation (CRC) and Berry Corporation is expected to create a stronger and more efficient leader in the California energy sector, enhancing shareholder value through significant operational synergies and a robust financial position [2][3]. Transaction Overview - The all-stock transaction values Berry at approximately $717 million, including net debt, with CRC shareholders expected to own about 94% of the combined entity upon closing [1][5]. - The transaction is anticipated to close in the first quarter of 2026, pending regulatory and shareholder approvals [6]. Financial Metrics - The merger is projected to be immediately accretive to key financial metrics, with an estimated enterprise value of more than $6 billion for the combined entity [5][9]. - The transaction is priced at approximately 2.9x enterprise value to 2025E adjusted EBITDAX, with expected per share accretion to net cash provided by operating activities and free cash flow of over 10% before synergies [3][9]. Synergies and Cost Savings - CRC expects to achieve annual synergies of $80 to $90 million within 12 months post-closing, representing about 12% of the transaction value [3][9]. - Approximately 50% of these synergies are expected to be realized within six months of closing, primarily through corporate synergies, lower interest costs, and operational improvements [3][9]. Production and Reserves - On a pro forma basis, the combined company would have produced approximately 161 thousand barrels of oil equivalent per day (Mboe/d) in Q2 2025, with 81% being oil, and held around 652 million barrels of oil equivalent in proved reserves as of year-end 2024 [3][11]. - The merger will also enhance CRC's operational capabilities through the acquisition of C&J Well Services, improving well maintenance and operational efficiency [3][4]. Strategic Positioning - Berry's Uinta Basin position, comprising approximately 100,000 net acres, provides additional operational and financial optionality, with significant production potential [3][4]. - The combined company aims to leverage regulatory tailwinds to ensure safe, reliable, and affordable energy production while maximizing long-term shareholder value [2][3].