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ROSEN, LEADING INVESTOR COUNSEL, Encourages New Era Energy & Digital, Inc. Investors to Inquire About Securities Class Action Investigation - NUAI
TMX Newsfile· 2026-01-31 00:16
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of New Era Energy & Digital, Inc. due to allegations of materially misleading business information issued by the company [1] Group 1: Legal Action and Investor Rights - Investors who purchased New Era Energy & Digital securities may be entitled to compensation through a contingency fee arrangement, with a class action being prepared to recover investor losses [2] - To join the prospective class action, investors can submit a form or contact the law firm directly for more information [2] Group 2: Company Performance and Allegations - New Era Energy & Digital's stock fell 6.9% on December 12, 2025, following a report from Fuzzy Panda Research that criticized the company's financial practices, alleging excessive spending on stock promotions compared to operational costs [3] - The report claimed that the CEO has a history of mismanaging penny stock companies over the past 20 years [3] Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked highly for the number of settlements [4] - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone, and has received recognition for its attorneys [4]
This Mag 7 stock jumped 10% after reporting earnings and BMO analyst sees 'green shoots' from vast AI spending
Financialpost· 2026-01-30 23:17
Article contentAnalysts at Raymond James Global Research updated their outlooks for the Canadian oil and gas companies based on revised commodity prices. The team of Michael Barth, Luke Davis, Justin Jenkins, Luke Konschuch and Brett Keller lowered their prices targets for West Texas Intermediate and Western Canadian Select by eight and 10 per cent for the fourth quarter of 2025, “which is a big driver of negative estimate revisions for producers this quarter,” the analysts said. Their “pecking order” for s ...
US pitches Venezuelan crude to India as its Russian oil imports slow, sources say
Reuters· 2026-01-30 22:27
The United States, which imposed tariffs on India last year for buying Venezuelan oil, has told Delhi it can resume those purchases soon to help replace imports of Russian oil, three sources familiar with the matter told Reuters. ...
Presidio and EQV Ventures Acquisition Corp. Announce SEC Effectiveness of Registration Statement
Globenewswire· 2026-01-30 22:14
Core Viewpoint - EQV Ventures Acquisition Corp. and Presidio Investment Holdings LLC are moving forward with their business combination, with the registration statement declared effective by the SEC, and an extraordinary general meeting scheduled for February 27, 2026, to approve the merger [1][3][13]. Company Overview - EQV Ventures Acquisition Corp. is a special purpose acquisition company (SPAC) focused on merging with businesses, specifically in the oil and gas sector [8]. - Presidio Investment Holdings LLC operates in the oil and gas industry, concentrating on optimizing mature, producing oil and natural gas assets in the United States [1][7]. Business Combination Details - The extraordinary general meeting for shareholders to vote on the business combination is set for February 27, 2026, at 8:00 a.m. Central Time, to be held virtually [3]. - If approved, the combined entity will trade on the New York Stock Exchange under the ticker symbol "FTW" shortly after the meeting [3]. Financial Insights - Presidio has reported a backlog of potential acquisition targets amounting to $15 billion, which aligns with its investment criteria aimed at driving dividend growth [4]. - The company aims to return capital to shareholders at an attractive rate while executing its growth strategy [5]. Shareholder Engagement - EQV is urging all shareholders to complete and return their proxy cards to ensure their votes are counted in the upcoming extraordinary general meeting [5]. - Shareholders who do not receive the Proxy Statement/Prospectus are advised to confirm their status with their brokers or contact EQV's proxy solicitor for assistance [6].
Exxon, Chevron see glimmer of Venezuela's potential, but with long road ahead
Reuters· 2026-01-30 21:57
U.S. oil majors Exxon Mobil and Chevron offered investors a few pieces of new insight into their thinking about Venezuela on Friday, even though neither company announced long-term investment commitme... ...
Oil prices unexpectedly score first monthly gain in half a year. So what's the next move for OPEC+?
MarketWatch· 2026-01-30 21:37
The group of major oil producers known as OPEC+ will have to take oil flow uncertainty and an expected global supply surplus into account when they meet this weekend to discuss production targets. ...
Oil market would be concerned with broader conflict in Iran, says RBC's Helima Croft
Youtube· 2026-01-30 21:21
For more on this dynamic, let's bring in RBC Capital Markets global head of commodity strategy, Hale Lima Croft. She's also a CNBC contributor. Hale Lima, we kind of know the headlines.Obviously, there's not a lot of detail around just how active or just how advanced the planning is for any possible move in the Middle East, especially Iran. What exactly are you hearing and how exactly are you interpreting what we do know right now. Well, we certainly know there's been a significant redeployment of US milita ...
Imperial Oil Limited (AMEX:IMO) Faces Financial Challenges Amidst Declining Oil Prices
Financial Modeling Prep· 2026-01-30 21:00
Core Viewpoint - Imperial Oil Limited is facing challenges in its financial performance, particularly due to declining crude oil prices, which have impacted its earnings and revenue generation [2][3][6] Financial Performance - The company reported earnings per share (EPS) of $1.05, missing the estimated EPS of $1.36, indicating difficulties in meeting market expectations [2][6] - Revenue for the period was approximately $6.02 billion, falling short of the anticipated $8.84 billion, highlighting struggles in generating sales amidst fluctuating oil prices [3][6] Valuation Metrics - Imperial Oil has a price-to-sales ratio of 1.12, suggesting that investors are still willing to pay $1.12 for every dollar of sales, reflecting some confidence in its sales potential [3][6] - The price-to-earnings (P/E) ratio stands at 12.81, indicating moderate market valuation of the company's earnings [4] - The enterprise value to sales ratio is 1.15, and the enterprise value to operating cash flow ratio is 8.12, suggesting a balanced valuation relative to sales and cash flow generation [4] Financial Health - The company has a debt-to-equity ratio of 0.18, indicating a low level of debt compared to equity, which reflects financial stability [5] - A current ratio of 1.47 suggests that Imperial Oil has a strong ability to cover its short-term liabilities with its short-term assets [5]
Cenovus vs. Enbridge: Is it Time to Step Away From Both Stocks?
ZACKS· 2026-01-30 19:30
Key Takeaways CVE's 40.9% stock rally beats ENB's 13.9%, but weak oil prices threaten CVE's earnings outlook.ENB's fee-based model offers income stability, yet high debt levels raise financial risk concerns.ENB trades at 15.37X EV/EBITDA vs. CVE's 6.32X, suggesting a valuation premium for stability.In the energy space, Cenovus Energy Inc. (CVE) and Enbridge Inc. (ENB) are two major Canadian players with very contrasting business models. Over the past year, CVE has rallied 40.9%, significantly outperforming ...
Exxon Mobil Q4 Earnings Beat Estimates on Higher Production
ZACKS· 2026-01-30 18:55
Key Takeaways XOM posted Q4 EPS of $1.71, topping estimates, while revenue declined year over year and missed expectations.XOM lifted production to 4,988 MBoe/d, driven by higher output from its advantaged Permian and Guyana assets.XOM's Energy Products profit surged on stronger refining margins and record North American throughput.Exxon Mobil Corporation (XOM) reported fourth-quarter 2025 earnings per share of $1.71 (excluding identified items), which beat the Zacks Consensus Estimate of $1.68. The bottom ...