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The Seven Samurai: How Big Tech Rescued the Market in 2023!

Musings on Markets

I was planning to finish my last two data updates for 2024, but decided to take a break and look at the seven stocks (Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla) which carried the market in 2023. While these seven stocks had an exceptional year in 2023, their outperformance stretches back for a much longer period.

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What's Going On With Natural Gas Compression Company CSI Compressco Shares Today?

Benzinga

CSI Compressco LP (NASDAQ: CCLP ) disclosed its acquisition by Kodiak Gas Services, Inc (NYSE: KGS ) in an all-equity transaction valued at approximately $854 million, including the assumption of $619 million of net debt, based on the closing price of Kodiak's stock on December 18, 2023.

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Why Is Snap One Stock Jumping Premarket Monday?

Benzinga

billion, including net debt. multiple on Snap One’s adjusted EBITDA for the twelve months ending December 29, 2023, further adjusted by including projected annual run-rate synergies of $75 million. NYSE: REZI ) for around $1.4 The per-share price of $10.75 The transaction represents a 7.4x

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Why Aerospace Company Triumph Shares Are Skyrocketing Today

Benzinga

trailing 12 months Adjusted EBITDAP multiple as of September 30, 2023. Triumph anticipates using the majority of the proceeds, estimated at around $700 million after taxes, for debt reduction, aiming to reach a pro forma net leverage of about 4.0x net debt to Adjusted EBITDAP by March 2024. FY2024 EBITDA, or 9.9x

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Is BP’s new strategy – full focus on profits – viable in the long term?

Valutico

Weekly Valuation – Valutico | 1 March 2023 Link to valuation About BP BP, a multinational oil and gas company, headquartered in London, is one of the largest oil and gas producers in the world. Compared with last year’s net income of GBP 10.3 (USD Compared with last year’s net income of GBP 10.3 (USD

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Robex: Strong Q2 Operational Results and Closing of the Transaction With Sycamore

Benzinga

Nampala) for follow-up exploration during the remaining of 2022 and up to 2023. The exploration remains at the forefront of the fourth quarter up until 2023 in support of the DFS. As at September 30, 2022, the Group had a solid balance sheet (net debt compared to net debt of $2.9 million (compared to $5.2

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Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company

Benzinga

("Endeavor"), today announced that they have entered into a definitive merger agreement under which Diamondback and Endeavor will merge in a transaction valued at approximately $26 billion, inclusive of Endeavor's net debt. of the combined company and Endeavor's equity holders are expected to own approximately 39.5%