Data by Industry within Energy Sector
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Marketcap |
Revenues (TTM) |
Net Income (TTM) |
Employees |
| Industry |
(Millions) |
(Millions) |
(Millions) |
Number |
| Coal Mining Industry |
$ 22,181 |
$ 17,575 |
$ 5,456 |
16,295 |
| Oil And Gas Production Industry |
$ 1,691,376 |
$ 1,296,148 |
$ 180,455 |
193,770 |
| Oil & Gas Integrated Operations Industry |
$ 2,097,639 |
$ 2,082,984 |
$ 168,305 |
198,701 |
| Oil Well Services & Equipment Industry |
$ 35,523 |
$ 19,773 |
$ -24 |
33,648 |
| Renewable Energy Services & Equipment Industry |
$ 24,585 |
$ 24,492 |
$ 505 |
33,590 |
| Oil Refineries Industry |
$ 4,504 |
$ 80,533 |
$ 2,932 |
7,359 |
| Energy Sector |
$ 3,875,807 |
$ 3,521,504 |
$ 357,629 |
483,363 |
Recent News from Energy Sector |
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Dividend
Houston, September 12, 2023 - APA Corporation (NASDAQ: APA) announced today that its board of directors has declared a regular cash dividend on the company's common shares. This decision reflects the company's commitment to providing value to its shareholders and maintaining a strong financial position.
Over the course of the last five trading days, Apa Corporation stock has experienced a decline of -5.12%. This decline has contributed to the year-to-date performance of -3.48%. Despite this recent decrease, Apa Corporation stock is currently trading on the NASDAQ at a rate 5.2% above its 52-week average, indicating the potential for a positive rebound in the near future.
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Peabody Energy Corp
Introduction
In its most recent fiscal period, which ended on June 30, 2023, Peabody Energy Corp experienced a significant plunge in earnings per share (EPS) and bottom-line figures. The leading coal producer saw its EPS drop by -54.72% to $1.15 per share, a stark contrast to the $2.54 per share recorded in the previous year's financial reporting period. Furthermore, the company's net income declined by -50.61% to $202.800 million in the second quarter of 2023. This decline in profitability raises concerns over the company's financial health and future prospects.
EPS Decline and Earnings Deterioration
Peabody Energy Corp's EPS during the fiscal period ending June 30, 2023, experienced a substantial decrease, falling below analysts' expectations. The decline of -54.72% from $2.54 per share to $1.15 per share is worrisome and demands scrutiny in determining the reasons behind this significant drop. In the preceding financial reporting period, the company achieved an EPS of $1.68 per share, indicating a -31.55% decline. Additionally, earnings shrank by -31.55% from $1.68 per share to $1.36 billion.
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Natural Resource Partners Lp
The stock market can often be a rollercoaster ride, with ups and downs that keep investors on their toes. However, despite some recent turbulence, there are positive signs emerging from Natural Resource Partners Lp that should bring a smile to the faces of investors.
In the second quarter of 2023, Natural Resource Partners Lp experienced a drop in EPS of -36.99%, with earnings per share falling to $2.93 from $4.65 the previous year. Similarly, income faded by -33.41%, declining from $4.40 per share in the previous financial period. While these numbers may cause some concern, it's important to note that revenue also decreased by -38.741% to $61.01 million from $99.59 million in the same period last year.
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American Resources Corporation
American Resources Corporation, a leading company in the mining industry, recently released its financial results for the April to June 30, 2023 time-frame. The results have left investors concerned, with a significant decline in both revenue and net loss compared to the previous year.
During this reporting period, American Resources Corporation recorded zero earnings per share, the same as last year and the preceding season. This signifies a lack of growth and stability in the company's performance. However, the revenue decline of 87.773% is the most alarming aspect of these results. The company generated only $1.98 million in revenue, a drastic fall from $16.20 million in the corresponding period a year ago. Sequentially, the revenue dropped by 77.666% from $8.87 million in the preceding reporting season.
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Ramaco Resources Inc
In the ever-evolving world of the stock market, it is vital for investors to stay informed about the financial performance of various companies. Ramaco Resources Inc (METC) recently released its financial results for the fiscal interval closing June 30, 2023, showing significant contractions in both earnings per share (EPS) and revenue. This article will delve into the noteworthy facts from the report, shedding light on the company's profitability and key financial indicators.
Earnings per Share and Revenue:
METC experienced a substantial decline in EPS, with a staggering drop of -77.03% to $0.17 compared to the previous fiscal period. This decline can be attributed to the decrease in revenue by -0.855% to $137.47 million year-on-year. In the preceding reporting season, EPS plummeted from $0.57 per share, highlighting a significant decrease, and revenue fell by -17.367% from $166.36 million.
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Consol Energy Inc
Consol Energy Inc has recently experienced a notable surge in its share price, with a 12.83% gain in the past five trading days. This increase has further extended the company's year-to-date gains to an impressive 38.6%. While the share price is currently 4% short of its 52-week high, the overall performance indicates positive market sentiment towards Consol Energy. Recent financial results, particularly the strong second-quarter performance, serve as a foundation for analyzing the potential impact on the company moving forward.
Financial Results Highlight:
Consol Energy Inc recorded robust results in the second quarter of 2023. The company achieved a 21.363% increase in revenue, reaching $660.97 million. Additionally, profit per share rose by 39.55% to $4.94 per share, exhibiting substantial growth year on year. However, it is worth noting that compared to the preceding period, income experienced a decline of -24.58% from $6.55 per share, while revenue decreased by -4.014% from $688.61 million.
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Hallador Energy Co
Hallador Energy Co, a leading coal mining company, has recently released its financial report for the three-month period ending on June 30, 2023. Despite an impressive revenue growth of 144.496% to $161.19 million compared to the previous year, the company's bottom-line only turned marginally positive at $0.47 per share. This represents a decline of 22.95% from the previous reporting period where it earned $0.61 per share, and a revenue deterioration of 14.411% from $188.33 million.
Despite these setbacks, Hallador Energy Co has shown significant improvement in its financial performance. In the most recent fiscal period, the company reported a net profit of $16.915 million, a notable improvement compared to a net loss of $-3.386 million during the same reporting period a year ago. This positive development can be attributed to the company's improved profit margins, with the net margin increasing to 10.49% and the operating margin rising to 13.8%.
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Denbury Inc
Introduction
The stock market is often marked by fluctuating trends and can present both profitable and challenging times for investors. Denbury Inc, an energy company operating in the United States, has recently reported a decline in its net profit, income, and revenue for the April to June 30, 2023 period. This article aims to analyze the significant factors contributing to this decline and provide insights into Denbury Inc's profitability trends.
Profitability Declines
During the April-June 2023 period, Denbury Inc's net profit per share witnessed a significant plummet of -55.83%, dropping to $1.25 per share from $2.83 per share compared to the previous year. This downward trend reflects the challenges faced by the company that have impacted its financial performance. Additionally, income faded by -24.7%, declining from $1.66 per share in the previous reporting season to $1.25 per share.
Revenue Downturn
Denbury Inc's revenue also experienced a substantial decline of -31.768%, dropping to $328.98 million from $482.16 million during the same reporting season in the previous year. Moreover, the sequential revenue decline stood at -3.529%, from $341.02 million. This decline in revenue suggests a less favorable market environment for the company and may reflect moderating demand in the industry segment.
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Altex Industries Inc
Altex Industries Inc, a company operating in the [insert industry], recently announced its financial results for the third quarter of 2023. The company reached break-even at $0.00 per share, which is the same as last year and the preceding financial reporting period. This is an encouraging sign for the company as it indicates that it has managed to stabilize its financial position.
However, the company experienced a decline in revenue for the third quarter. The revenue faded by 33.333% to $0.01 million compared to the same period a year ago. Sequentially, the revenue deteriorated by 14.286% from the preceding financial reporting period. These numbers suggest that Altex Industries Inc has faced challenges in generating consistent revenue growth.
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Nine Energy Service Inc
The outlook for the stock market is looking up, particularly for Nine Energy Service Inc. This oil and gas production company has bucked the industry trend by reporting an impressive revenue increase of 13.405% to $161.43 million in the fiscal period ending June 30, 2023. While many of its peers have experienced business decline, Nine Energy Service Inc is showing signs of improvement.
In addition to their revenue growth, Nine Energy Service Inc has also seen a notable improvement in their earnings per share (EPS). Comparing the current financial reporting period to the previous one, EPS has improved from $-0.19 per share to $-0.08 per share. This indicates that the company is making strides towards a more positive financial position.
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