Energy

Business·Economics·Energy·Hydropower·Market·News·Renewable Energy·Trading

The Drilling Dilemma: Why One Energy Firm’s Profits Have Plummeted

Drilling Tools International (DTI) experiences a slight revenue increase of 1.6%, reaching $154.4 million, while net income drops dramatically by 79% to $3.01 million. Profit margins shrink to 2.0% from 9.5% the previous year due to high expenses impacting profitability. Earnings per

15. March 2025

Business·Economics·Energy·Market·News

The Dramatic Upsurge: Berry Corp’s Bold Moves Amid California’s Oil Slump

California’s oil production has declined by 35% over six years, yet Berry Corp has demonstrated resilience and growth. Berry Corp projects a 9% increase in adjusted EBITDA for 2024, reaching $292 million, highlighting strong financial performance. Cost reduction strategies have seen a

14. March 2025

Business·Corporate Strategy·Energy·Energy Storage·Market·News·Renewable Energy

Corporate Giants or House of Cards? The Unfolding Saga of Fluence Energy and Its Tumultuous Journey

Fluence Energy, Inc., a leader in energy storage, now faces allegations of deceit and fiscal mismanagement. Partnership issues with Siemens AG and The AES Corporation have created significant internal challenges. Siemens Energy has filed a lawsuit accusing Fluence of engineering failures and

14. March 2025

Carbon-Neutral Future·Energy·Fossil Fuels·Industry Trends·Market·News·Opinion·Renewable Energy

The Seismic Shifts Undermining Kosmos Energy and the Traditional Fossil Fuel Stronghold

Kosmos Energy Ltd. (NYSE:KOS) shares fell by 15.2% after reporting a $7 million net loss in Q4 2024, compared to a $22 million profit the previous year. Revenue dropped by 21.7%, despite exceeding forecasts, highlighting financial instability in the sector. The fossil

13. March 2025

Business·Carbon Capture·Energy·Finance·Investments·Market·News·Renewable Energy

The Energy Titans: How Exxon Mobil Dominates Billionaires’ Portfolios Amidst Market Fluctuations

Exxon Mobil remains a leader in the global oil and gas sector, achieving $34 billion in earnings and $55 billion in cash flow despite industry challenges. The company plans to add $20 billion in earnings and $30 billion in cash flow by

12. March 2025