Western Midstream’s Post

good news for the industry:

Please join ICF's June 4th webinar where we will share some Q1 updates for PJM, ERCOT and WECC and explore how the demand growth story might unfold in terms of supply-demand balance and system reliability. Nishit Pande, Lalit Batra, Venkat Krishnan, Shubhangi Sharma https://lnkd.in/eRSpbtmD?

Weekly review of the S&P 500 Index as of May 31, 2024. Over the past 3 months, the S&P 500 Index has  grown by +2.8%. However, Utilities (+19.6%) and Communication Services (+8.2%) sectors performed better. Among the industries, the best performers over the period were Independent Power And Renewable Electricity Producers (+57%), and Electric Utilities (+19%). Among the companies, the best performers over the period were Vistra (+81%), First Solar (+71%) and Moderna (+49%). The data in the quarterly reports indicate that an investment in Vistra will pay off in 16 years. First Solar in 15 years. And Moderna in 100 (we are looking at a company’s ability to generate revenue today – everything can change in the future). * We remind you: the above information is not an investment recommendation. After the material was published, the market situation could have changed significantly. You can always get the actual ratings on the: https://Inves.Top. https://lnkd.in/d8sZNzC9

📊 Today Statkraft released our Second Quarter 2024 results. Watch the video to catch the top highlights from CEO Birgitte Ringstad Vartdal:

Statkraft’s half year underlying results are the third best in the history of the company, despite lower energy prices. Higher production, stellar energy management and strong results from Market activities explain the strong underlying results. High investment activities, that will yield profits in the future, and impairments due to shifts in hydrology in Turkyie and Albania explain a negative net result for the quarter. Growth in renewables continue to be strong, driven by lower prices in solar and onshore wind. Statkraft is well positioned for continued profitable growth.

We have just released our 4Q and FY23 results. Galp posted EBITDA of €3.6bn and €2.3bn OCF for FY23, again demonstrating strong operational performance across all businesses. 💪 In 2023, we have strategically invested €1.1bn that were mostly directed to growth projects towards enhancing our upstream assets, expanding renewable generation capacity, transitioning our industrial center in Sines and transforming commercial activities towards less carbon-intensive practices. Fueled by our talented teams and innovation, in 2024 we will continue our decarbonization journey towards a more sustainable future for all 🌍🌱 https://lnkd.in/dSMA_BCF  

Gazing into the crystal ball; here's an in-depth mid-April look at junior exploration financing activity and an analysis of property option trends. https://lnkd.in/gDsVF7Ft

Weekly review of the S&P 500 Index as of Oct 04, 2024. Over the past 3 months, the S&P 500 Index has  grown by +3.1%. However, Utilities (+19.9%) та Real Estate (+14.2%) sectors performed better. Among the industries, the best performers over the period were Independent Power And Renewable Electricity Producers (+42%), and Real Estate Management & Development (+36%). Among the companies, the best performers over the period were GE Vernova (+52%), Vistra (+49%) and Erie Indemnity (+47%). The data in the quarterly reports indicate that an investment in GE Vernova will pay off in 100 years. Vistra in 14 years. And Erie Indemnity in 39 (we are looking at a company’s ability to generate revenue today – everything can change in the future). * We remind you: the above information is not an investment recommendation. After the material was published, the market situation could have changed significantly. You can always get the actual ratings on the: https://Inves.Top. https://lnkd.in/eb4EmC-b

Weekly review of the S&P 500 Index as of Apr 26, 2024. Over the past 3 months, the S&P 500 Index has  grown by +4.2%. However, Energy (+13.7%) and Materials (+8.9%) sectors performed better. Among the industries, the best performers over the period were Leisure Products (+26%), and Construction & Engineering (+22%). Among the companies, the best performers over the period were Super Micro Computer (+80%), Constellation Energy (+55%) and General Electric (+55%). The data in the quarterly reports indicate that an investment in Super Micro Computer will pay off in 39 years. Constellation Energy in 11 years. And General Electric in 38 (we are looking at a company’s ability to generate revenue today – everything can change in the future). * We remind you: the above information is not an investment recommendation. After the material was published, the market situation could have changed significantly. You can always get the actual ratings on the: https://Inves.Top. https://lnkd.in/dipRjiPY

Weekly review of the S&P 500 Index as of May 10, 2024. Over the past 3 months, the S&P 500 Index has  grown by +3.9%. However, Utilities (+18.2%) та Energy (+12.5%) sectors performed better. Among the industries, the best performers over the period were Independent Power And Renewable Electricity Producers (+39%), and Industrial Conglomerates (+21%). Among the companies, the best performers over the period were Health Peak Properties (+67%), Constellation Energy (+62%) and NRG Energy (+59%). The data in the quarterly reports indicate that an investment in Health Peak Properties will pay off in 34 years. Constellation Energy in 11 years. And NRG Energy in 4 (we are looking at a company’s ability to generate revenue today – everything can change in the future). * We remind you: the above information is not an investment recommendation. After the material was published, the market situation could have changed significantly. You can always get the actual ratings on the: https://Inves.Top. https://lnkd.in/dfVmNCt7