Latest news with #energysector
Yahoo
3 hours ago
- Business
- Yahoo
Uranium Energy (UEC) Gained This Week. Here is Why.
The share price of Uranium Energy Corp. (NYSEAMERICAN:UEC) surged by 6.02% between June 18 and June 26, 2025, putting it among the Energy Stocks that Gained the Most This Week. A mining worker in a hard hat and coveralls hammering away at the uranium rich walls of the mine. Uranium Energy Corp. (NYSEAMERICAN:UEC) is engaged in uranium mining and related activities. The company is the fastest-growing uranium supplier in North America, fueling the growing demand for carbon-free nuclear energy. Uranium Energy Corp. (NYSEAMERICAN:UEC) significantly expanded its strategic influence in the uranium market recently by boosting its stake in Anfield Energy with an investment of $14.82 million. Following the transaction, UEC now holds a 32.4% stake in Anfield – a company that primarily explores for uranium, vanadium, and gold deposits. Uranium Energy Corp. (NYSEAMERICAN:UEC) is among the nuclear energy stocks that recently garnered much investor attention following an executive order by President Trump to quadruple America's nuclear energy capacity by 2050. The order also lays special focus on increasing domestic mining and enrichment of uranium, creating significant opportunities for players like UEC. The stock also received a boost from the increasing global price of uranium, which has surged by more than 12.5% over the last two weeks. While we acknowledge the potential of UEC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and Disclosure: None.
Yahoo
12 hours ago
- Business
- Yahoo
Oil Rig Count Falls by 6; Crude Set for Sharp Weekly Decline
The number of oil rigs in the US fell by six in the week through Friday, while crude prices were on
Yahoo
14 hours ago
- Business
- Yahoo
Oil price volatility flattens as Middle East tensions settle
Oil volatility (^OVX) has leveled out as geopolitical concerns in the Middle East fade. Yahoo Finance anchor Julie Hyman takes a closer look at the recent oil price (CL=F, BZ=F) action and the moves in the broader energy sector (XLE). To watch more expert insights and analysis on the latest market action, check out more Market Domination here. Crude prices have seen big swings in recent weeks amid geopolitical uncertainty. We're taking a closer look at the action in our chart of the day. Yahoo Finance's Julie Hyman joining us now with more. Julie. Well, energy volatility is what I am watching here. You know that there is a volatility measure for the S&P 500. You might not know that there is one for oil prices as well. It's called the OVX as opposed to the VIX for stocks. And the OVX, as you might imagine, given all the volatility we've seen in oil recently, really spiked to highs that we have not seen since early 2022 as we saw Israel hit Iran, Iran hit Israel, and then the US of course hit Iranian nuclear assets. So, all of that causing that huge spike in oil volatility on concerns that we would see flows disrupted. But it is just as quickly calmed down. That spike was very short-lived as we saw it spike and then really recede here. Couple of things that oil traders are now watching. There is an OPEC Plus meeting that is coming up in a couple of weeks, a little less than two weeks. And there are some reports now that OPEC Plus may extend its production cuts. So that putting some downward pressure on oil prices. Also, Bloomberg is reporting that Treasury Secretary Scott Beson said that sanctions on Iran are remaining in place. So that's something else that oil traders are factoring in. But really we saw oil really lose about $10 per barrel of value if you're talking about WTI while all this was going down and we were seeing it come back down. WTI is off about 9%, almost 8, 9% so far this year, whereas the ETF that tracks those energy stocks, the XLE, is really little changed. And I looked at it earlier today, it's almost evenly split between gains and losses in terms of the stocks that are up and the stocks that are down on the year. The best performer in that ETF EQT, which is more of a natural gas company as opposed to oil. Halliburton, the oil services giant, is the worst performer within that ETF, Josh. All right, thank you, Julie. Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
ConocoPhillips (COP) Surpasses Market Returns: Some Facts Worth Knowing
In the latest close session, ConocoPhillips (COP) was up +2.12% at $90.89. The stock outpaced the S&P 500's daily gain of 0.8%. Meanwhile, the Dow experienced a rise of 0.94%, and the technology-dominated Nasdaq saw an increase of 0.97%. Coming into today, shares of the energy company had gained 5.23% in the past month. In that same time, the Oils-Energy sector gained 3.8%, while the S&P 500 gained 5.12%. The investment community will be paying close attention to the earnings performance of ConocoPhillips in its upcoming release. The company is expected to report EPS of $1.41, down 28.79% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $14.93 billion, up 5.63% from the prior-year quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $6.21 per share and a revenue of $62.36 billion, indicating changes of -20.28% and +9.5%, respectively, from the former year. It's also important for investors to be aware of any recent modifications to analyst estimates for ConocoPhillips. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.38% upward. Right now, ConocoPhillips possesses a Zacks Rank of #3 (Hold). Looking at valuation, ConocoPhillips is presently trading at a Forward P/E ratio of 14.33. Its industry sports an average Forward P/E of 16, so one might conclude that ConocoPhillips is trading at a discount comparatively. We can also see that COP currently has a PEG ratio of 2.41. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. Oil and Gas - Integrated - United States stocks are, on average, holding a PEG ratio of 1.7 based on yesterday's closing prices. The Oil and Gas - Integrated - United States industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 175, which puts it in the bottom 29% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ConocoPhillips (COP) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
2 days ago
- Business
- Zawya
The Arab Energy Fund successfully prices its inaugural landmark 3-year USD bond
RIYADH – The Arab Energy Fund (TAEF), a leading multilateral impact financial institution serving the MENA energy sector, has successfully priced a USD 600 million, 3-year bond issuance, reflecting strong performance despite a challenging geopolitical backdrop. The transaction attracted significant investor interest, enabling the Fund to upsize the offering from its originally planned USD 500 million. This strong demand resulted in a competitive pricing outcome, which was significantly within the secondary pricing levels. 'This transaction reflects both the strength of our credit profile and the growing confidence global investors place in our strategy and governance,' said Vicky Bhatia, Chief Financial Officer of The Arab Energy Fund. 'Executing this deal under such market conditions is a testament to our investor relationships and disciplined approach to capital markets.' Transaction Highlights: TAEF's inaugural public 3-year bond issuance, supporting the development of a benchmark pricing curve for this tenor. Achieved highly competitive pricing of SOFR +50bps, despite secondary market spreads being significantly wider. Strong demand from global investors, including notable participation from high quality investor base represented by Global Central Banks and SSA institutions. Intra-day execution strategy ensured optimal timing and minimized market exposure. Proceeds from the issuance will support TAEF's business growth plans, in line with its mission to promote energy sustainability, regional economic development, and long-term financial resilience. About The Arab Energy Fund The Arab Energy Fund (TAEF / The Fund) is a multilateral impact financial institution focused on the MENA energy sector, established in 1974 by ten Arab oil-exporting countries. The Fund's mission is to support the energy ecosystem with debt and equity solutions to enable energy security and sustainability and to develop local value chains and services in the MENA region. TAEF creates impact by contributing to economic prosperity and enabling local communities via talent development and knowledge creation. The Fund offers a comprehensive range of funding solutions across the entire energy value chain to leading public and private sector business partners in over 35 markets. TAEF applies best-practice ESG principles across all operations, with environmental and socially linked projects comprising c.20% of its USD 5.8bn loan portfolio. The Arab Energy Fund is the only energy-focused financial institution in the MENA region rated 'Aa2' by Moody's, 'AA+' by Fitch and 'AA-' by S&P. Contacts: Communications Department The Arab Energy Fund zarasiddiqui@
