article thumbnail

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

Valutico

Compared with last year’s net income of GBP 10.3 (USD billion in net debt, reducing total debt to GBP 17.5 (USD In 2019, the company announced that it plans to reduce its oil and gas output by 40% by 2030. billion to the bottom line by 2030. billion, profit increased by an unbelievable 120%.

article thumbnail

Can Idemitsu Kosan Generate Enough Cash From Oil to Fund Transition?

Andrew Stolz

By 2030, the company plans to increase its renewable capacity to 4 Gigawatt from currently 0.2 Its net-debt to equity ratio stood at 0.9x In its new alignment, the management must focus on expanding in other segments to compensate for a falling contribution from petroleum. In addition, it shifts from coal production to gas.

article thumbnail

AI's Winners, Losers and Wannabes: An NVIDIA Valuation, with the AI Boost!

Musings on Markets

Note that for the most part, semiconductor companies carry light debt loads, leading to enterprise values that either trail in market capitalization in some years (because cash exceeds debt) or are very close to market capitalization in other years (because net debt is close to zero).