-- Zhongjin Gold's (SHA:600489) attributable profit rose 46% to 4.93 billion yuan in 2025 from 3.39 billion yuan in 2024, according to a Wednesday filing with the Shanghai bourse.
Earnings per share at the non-ferrous metals miner increased to 1.02 yuan from 0.70 yuan in the previous year.
Operating revenue grew 21% year over year to 79.1 billion yuan from 65.6 billion yuan.
Exxon Mobil (XOM), Chevron (CVX) and ConocoPhillips (COP) have warned that global energy markets may face further price increases as supply buffers are rapidly being depleted amid the ongoing Strait of Hormuz disruption, Bloomberg reported on Friday.Executives said inventories, strategic reserves and floating storage have helped cushion prices so far, but those supplies are now running low, reducing the market's ability to absorb prolonged supply shocks.Chevron's CFO told Bloomberg that much of the spare capacity has already been used, leaving limited leeway if the disruption continues, while Exxon's CEO warned markets have yet to fully reflect the scale of the supply hit.With roughly a fifth of global oil and LNG flows typically passing through the strait, companies indicated that a prolonged closure could push crude prices significantly higher.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target by $158 to $773, which is 52.6x our next-12-month EPS estimate of $14.70. We also lift our 2026 EPS by $0.93 to $14.31 and 2027's by $1.18 to $16.74. Our move to Hold partially reflects our difficulty in justifying valuation levels that could offer sufficient upside after surging 15.8% on Q1 results. Both sides of the valuation equation in our updated $773 target are considerably higher than those in our prior $615 target, which was calculated using a 46.0x multiple on $13.38 EPS. Even after increasing the multiple by 14.3% and EPS by 9.9%, we only see ~4% upside at current levels. While PWR's fundamentals remain strong with record backlog and solid execution, the risk/reward profile has shifted to neutral. This is due to mounting concerns around data center project delays/cancellations (industry estimates suggest 30%-50% of 2026 projects are at risk), increasing exposure to fixed-price contract cost overruns, and growing difficulty collecting disputed change orders from customers.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We raise our 12-month target by $13 to $117, 26.0x our next-12-month EPS estimate of $4.49, a premium to its five-year forward average of 18x. We lift our 2026 EPS view by $0.01 to $4.40 and our 2027 EPS view by $0.07 to $4.95. ETR maintained its 2026 adjusted EPS guidance range of $4.25-$4.45 (midpoint of $4.35) and raised 2027-2029 guidance by $0.20-$0.50, with 2029 adjusted EPS now expected at $6.40. The company's enhanced earnings trajectory and substantial capital deployment position it well for sustained growth, in our view. Key execution items to monitor include regulatory approval of the Louisiana Lightning filing (expected December 2026), sourcing the remaining $4.7B in equity through 2029, and construction execution on seven new combined-cycle plants by 2030-2031. We anticipate dividend growth will remain competitive with peers (5.2% CAGR from 2025 to 2028), though we think recent share price and valuation advances have reduced near-term upside potential relative to peers.