Petrochemicals

Search documents
Can Enterprise Products Sustain Payout Growth After the Latest Hike?
ZACKS· 2025-07-10 15:36
Key Takeaways EPD hiked its quarterly cash payout to $0.545 per unit, marking a 1.9% increase from the prior distribution. The partnership has raised distributions for over two decades, supported by long-term shipper contracts. A $7.6B midstream expansion aims to boost future cash flow with new pipelines, plants and export facilities.Enterprise Products Partners (EPD) recently announced that its board of directors has approved an increase in quarterly cash distributions for the second quarter. The new cas ...
Top Oil Stocks With Great Dividends: What Should I Invest In Right Now?
The Motley Fool· 2025-06-13 08:50
As always, The Motley Fool cannot and does not provide personalized investing or financial advice. This information is for informational and educational purposes only and is not a substitute for professional financial advice. Always seek the guidance of a qualified financial advisor for any questions regarding your personal financial situation. If you'd like to submit your question for feedback, you can do so here.Oil stocks have been longtime favorites for investors seeking income. With lower oil prices ca ...
Shell Plc 1st Quarter 2025 Unaudited Results
GlobeNewswire News Room· 2025-05-02 06:00
Core Insights - Shell plc reported a significant increase in income attributable to shareholders, reaching $4.78 billion in Q1 2025, compared to $928 million in Q4 2024 and $7.36 billion in Q1 2024, reflecting a 415% increase from the previous quarter [1] - Adjusted Earnings for Q1 2025 were $5.58 billion, a 52% increase from $3.66 billion in Q4 2024, while Adjusted EBITDA rose to $15.25 billion, a 7% increase from $14.28 billion in the previous quarter [1] - Cash flow from operating activities decreased by 29% to $9.28 billion compared to $13.16 billion in Q4 2024, primarily due to tax payments and working capital outflows [1][4] Financial Performance - Total revenue for Q1 2025 was $70.15 billion, an increase from $66.81 billion in Q4 2024 [71] - The company reported a basic earnings per share of $0.79, up from $0.15 in Q4 2024 [1] - Total debt at the end of Q1 2025 was $76.51 billion, with net debt increasing to $41.52 billion from $38.81 billion in Q4 2024, resulting in a gearing ratio of 18.7% [1][6] Segment Analysis Integrated Gas - Income for the Integrated Gas segment was $2.79 billion, up 60% from $1.74 billion in Q4 2024, driven by lower exploration well write-offs and higher product margins [18][21] - Adjusted Earnings for this segment increased to $2.48 billion, a 15% rise from $2.17 billion in the previous quarter [18] Upstream - The Upstream segment reported income of $2.08 billion, a 102% increase from $1.03 billion in Q4 2024, attributed to lower exploration well write-offs and favorable tax movements [27][29] - Adjusted Earnings rose to $2.34 billion, a 39% increase from $1.68 billion in Q4 2024 [27] Marketing - The Marketing segment's income was $814 million, a significant increase from $103 million in Q4 2024, driven by lower operating expenses and higher marketing margins [34][37] - Adjusted Earnings for this segment were $900 million, reflecting a 7% increase from $839 million in the previous quarter [34] Chemicals and Products - The Chemicals and Products segment reported a loss of $77 million, an improvement from a loss of $276 million in Q4 2024, driven by higher product margins [42][44] - Adjusted Earnings for this segment were $449 million, a substantial increase from a loss of $229 million in the previous quarter [42] Renewables and Energy Solutions - The Renewables and Energy Solutions segment reported a loss of $247 million, an improvement from a loss of $1.23 billion in Q4 2024, primarily due to higher trading and optimization margins [50][55] - Adjusted Earnings were negative at $42 million, compared to a loss of $311 million in the previous quarter [50] Shareholder Distributions - Total shareholder distributions in Q1 2025 amounted to $5.5 billion, including $3.3 billion in share repurchases and $2.2 billion in cash dividends [7] - The dividend declared for Q1 2025 was $0.3580 per share, consistent with the previous quarter [1][7] Outlook - For the full year 2025, Shell expects cash capital expenditure to be between $20 billion and $22 billion [64] - Integrated Gas production is projected to be approximately 890 - 950 thousand boe/d, while Upstream production is expected to be around 1,560 - 1,760 thousand boe/d [65][66]
Shell Plc 1st Quarter 2025 Unaudited Results
Globenewswire· 2025-05-02 06:00
Core Insights - Shell plc reported a significant decrease in income attributable to shareholders in Q1 2025, amounting to $4.78 billion, down from $7.36 billion in Q1 2024, reflecting a 35% decline [1][3] - Adjusted earnings for Q1 2025 were $5.58 billion, a 52% increase from $3.66 billion in Q4 2024, driven by lower exploration well write-offs and higher product margins [1][2] - The company experienced a cash flow from operating activities of $9.28 billion, a decrease of 29% compared to Q4 2024 [1][4] Financial Performance - Total revenue for Q1 2025 was $69.23 billion, an increase from $66.28 billion in Q4 2024 [73] - Adjusted EBITDA for Q1 2025 was $15.25 billion, up 7% from $14.28 billion in Q4 2024 [1] - Free cash flow was reported at $5.32 billion, reflecting a decrease from $8.73 billion in Q4 2024 [1] Segment Analysis Integrated Gas - Income for the Integrated Gas segment was $2.79 billion in Q1 2025, up from $1.74 billion in Q4 2024 [19] - Adjusted earnings increased to $2.48 billion, a 15% rise from $2.17 billion in Q4 2024 [19] - LNG sales volumes reached 16.49 million tonnes, a 6% increase compared to Q4 2024 [19] Upstream - The Upstream segment reported income of $2.08 billion, a significant increase from $1.03 billion in Q4 2024 [27] - Adjusted earnings rose to $2.34 billion, a 39% increase from $1.68 billion in Q4 2024 [27] - Total production available for sale was 1.86 million boe/d, slightly down from 1.86 million boe/d in Q4 2024 [27] Marketing - The Marketing segment saw income rise to $814 million, a substantial increase from $103 million in Q4 2024 [33] - Adjusted earnings were $900 million, reflecting a 7% increase from $839 million in Q4 2024 [33] - Cash flow from operating activities was $1.91 billion, up from $1.36 billion in Q4 2024 [33] Chemicals and Products - The Chemicals and Products segment reported a loss of $77 million, an improvement from a loss of $276 million in Q4 2024 [42] - Adjusted earnings for the segment were $449 million, a significant increase from a loss of $229 million in Q4 2024 [42] - Cash flow from operating activities was $130 million, down from $2.03 billion in Q4 2024 [42] Renewables and Energy Solutions - The Renewables and Energy Solutions segment reported a loss of $247 million, an improvement from a loss of $1.23 billion in Q4 2024 [52] - Adjusted earnings were negative at $42 million, an improvement from a loss of $311 million in Q4 2024 [52] - Cash flow from operating activities was $367 million, a decrease from $850 million in Q4 2024 [52] Shareholder Distributions - Total shareholder distributions in Q1 2025 amounted to $5.5 billion, including $3.3 billion in share repurchases and $2.2 billion in cash dividends [8] - The dividend declared for Q1 2025 was $0.3580 per share, consistent with the previous quarter [1][8] Outlook - The company expects cash capital expenditure for the full year 2025 to be between $20 billion and $22 billion [66] - Integrated Gas production is projected to be approximately 890 - 950 thousand boe/d in Q2 2025 [67] - Upstream production is expected to be around 1,560 - 1,760 thousand boe/d, reflecting the SPDC divestment [68]
5 Bargain Picks With Low Price-to-Sales Ratios & High Upside Potential
ZACKS· 2025-04-16 12:35
Investing in stocks based on valuation metrics is considered a smart strategy. The price-to-earnings (P/E) ratio is often the go-to metric due to its simplicity and ease of use. However, the price-to-sales (P/S) ratio is more useful for evaluating stocks of companies that are unprofitable or in early growth stages, as it helps assess value when earnings are minimal or non-existent.G-III Apparel Group (GIII) , PCB Bancorp (PCB) , Gibraltar Industries (ROCK) , PRA Group (PRAA) and Pampa Energia S.A. (PAM) are ...