FMP
May 24, 2023 1:20 PM - Davit Kirakosyan
Chord Energy (NASDAQ:CHRD) announced on Monday that it will acquire Williston Basin assets from the subsidiaries of Exxon Mobil for $375 million.
The deal will be funded with cash on hand, which stood at $592 million on March 31. The properties include 62,000 net acres around the company's near-term development activity and now produce 6 Mboe/d (62% oil). The transaction is anticipated to close at the end of June.
An important aspect of the transaction besides financial/free cash flow accretion is to maintain or improve its drilling inventory. Analysts at RBC Capital think Chord Energy has over 10-year drilling inventory at maintenance levels, but the new properties should add a year to that view.
Sep 11, 2023 - Rajnish Katharotiya
During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...
Sep 11, 2023 - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 - Rajnish Katharotiya
Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...