Financial Wire

美國銀行將SiteOne Landscape Supply的目標股價從182美元下調至167美元。

-- 根據FactSet調查的分析師報告,SiteOne Landscape Supply (SITE) 的平均評級為“增持”,平均目標價為169.09美元。 (報道北美、亞洲和歐洲主要銀行及研究機構的股票、商品和經濟研究。研究機構可透過以下連結聯絡我們:https://www..com/contact-us

Price: $142.26, Change: $-2.10, Percent Change: -1.45%

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CMS Energy Keeps Quarterly Dividend at $0.57 a Share, Payable May 29 to Shareholders of Record as of May 8

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Jadestone Secures Gas Sales Agreement for Vietnam Fields, Eyes 2028 Production

Jadestone Energy said Monday that it signed a gas sales deal for its Vietnam fields, targeting output of 80 million standard cubic feet per day with production expected to begin in late 2028.The agreement covers gas supply from the Nam Du and U Minh discoveries offshore southwest Vietnam, the company said.The deal aligns with the development plan approved on March 18, 2026, with first production targeted in late 2028, it added.Under the deal, gas will be sold to PV Gas, a unit of state-owned Petrovietnam, under defined supply and pricing terms, Jadestone said.The contract sets a daily supply level of 80 MMscf/d, with flexibility up to 110% and a take-or-pay clause covering 90% of volumes, the company added.Pricing is linked to historical Vietnam gas import levels, with annual escalation built into the agreement, ensuring predictable revenue over time, Jadestone said.The fields hold about 32 million barrels of oil equivalent in proven and probable reserves, supporting long-term production potential, the company noted.Jadestone also sees upside from nearby prospects, estimating up to 1.5 trillion cubic feet of additional gas that could extend plateau output and enhance project value, the company said.Chief Executive Officer T. Mitch Little said the agreement marks a key milestone for Jadestone, enabling progress toward project execution, with a focus on contract awards, while supporting Vietnam's energy security, economic growth, and long-term emissions goals.

Sectors

Sector Update: Tech

Tech stocks were mixed Monday afternoon, with the State Street Technology Select Sector SPDR ETF (XLK) decreasing 0.2% and the State Street SPDR S&P Semiconductor ETF (XSD) rising 1.2%.The Philadelphia Semiconductor index shed 0.2%.In corporate news, Alphabet's (GOOGL) Google has built a strike team of engineers and researchers to enhance its AI coding models, The Information reported. Alphabet shares were down nearly 1%.

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