Equinor makes gas, oil find in Norwegian Sea
Norway's Equinor has discovered gas and oil in the Haltenbanken Vest Unit prospect in the Norwegian Sea, the Norwegian offshore directorate said on Tuesday.
Sea Limited: Very Close To A Growth Breakout
Sea Limited stock is closing in on its early 2023 highs, outperforming the market recently. Shopee's path to profitability is crucial, underpinning its robust buying sentiments. SeaMoney's integration with Shopee has paid off, demonstrating the competitive advantages of improved scale.
Sea Limited: Still Dirt Cheap Despite The Recent Rally
SE has demonstrated its successful reversal from the previous cash burn, significantly aided by the raised FY2024 guidance and promising consensus forward estimates. This is also why the stock is not expensive at FWD P/E of 41.70x, attributed to its relatively cheap PEG ratio of 0.53x compared to its well diversified commerce peers. If anything, SE's penetration in the advertising market remains nascent, representing "a good opportunity to improve its monetization."
Sea Limited: Don't Blink Or You May Miss Something Great
Sea Limited's 2Q24 results beat expectations, with the business showing not just strong growth, but also improving profitability. In the quarter, management continued to focus on improving the service quality and improving take rates, leading to market share gains for Shopee. SeaMoney is investing in growing its user base efficiently, with a focus on expanding credit use cases and increasing loan book size.
Investors Heavily Search Sea Limited Sponsored ADR (SE): Here is What You Need to Know
Zacks.com users have recently been watching Sea Limited (SE) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Trillion Energy reports significant gas revenue growth at Black Sea field
Trillion Energy International Inc. (CSE:TCF, OTCQB:TRLEF) announced that it surpassed gross production revenue of US$1 million in August from its oil and gas assets. During the month, the SASB natural gas field in the Southwestern Black Sea, offshore Türkiye achieved gas production of 133.13 million cubic feet (MMcf) for total revenue of US$1,456,400.
Harbour Energy in favour as it 'breaks free' from North Sea
Harbour Energy PLC (LSE:HBR)has received a bullish write-up from the US broker Jefferies following the completion of the asset acquisition from Wintershall Dea. Describing it as "transformational", Jefferies says the deal has created a virtually unique "large, global independent oil & gas company" investment case with an expected investment grade balance sheet, FTSE100 inclusion & "broad set of growth options".
Oceaneering Secures Multiple Contracts in the UK North Sea
OII's recent contracts highlight its expansion into a key market and underscore its strong relationship with major clients in the UK North Sea region.
Sea Limited Stock Surges 100.6% YTD: Will the Bull Run Continue?
Sea Limited's shares surge 100.6% year to date on the back of Shopee growth, SeaMoney's rising loan portfolio and Garena.
1 Super Stock Down 76% to Buy Hand Over Fist In September
Sea Limited operates in the e-commerce, digital entertainment, and digital financial services industries. The company's revenue has accelerated for two consecutive quarters, and it could be a sign of things to come.
Sea Limited Sponsored ADR (SE) is Attracting Investor Attention: Here is What You Should Know
Sea Limited (SE) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Oil tanker left adrift and ablaze after Red Sea attack
The Greek-flagged oil tanker Sounion suffered "minor damage" following strikes off the Yemeni coast, which ignited a fire onboard. The vessel was left adrift in the Red Sea.
