Introduction AES remains an industry leader in developing and operating the innovative solutions that enable the transition to zero and low-carbon sources of energy. We continue to see an enormous opportunity from the once-in-a-lifetime transformation of the electricity sector driven by decarbonization, electrification, and digitalization. Asset Structure Analysis AES’ total assets were $44.8 billion…
Energy
Alliance Resource Partners, L.P. (ARLP) Stock Analysis , and Valuation
Assets Structure Analysis Alliance Resource Partners, L.P.’ s total assets were $2.79 billion at December 31, 2023. Total property, plant and equipment, net were $2.02 billion as of December 31, 2023, making up a extremely largely proportion of total assets. Total current assets were $516 million at December 31, 2023. Liquidity and Solvency Total current…
Enbridge(ENB) 2023 and Q1 2024 Financial Analysis, and Stock Valuation
Asset structure analysis Enbridge’s total assets were $180.3 billion as of December 31, 2023, up from $179.6 billion as of December 31, 2022. Property, plant and equipment, net were $104.6 billion as of December 31, 2023, accounting for 58% of total assets. Goodwill was $31.8 billion as of December 31, 2023, consisting of 17.6% of…
Permian Resources(PR)2023 Financial Analysis and Stock Valuation
Balance sheet analysis Permian Resources’ total assets were $15 billion and $8.5 billion in 2023 and 2021, respectively. The total assets in 2023 were up 76.5% year-on-year, because the amount of total liabilities surged in 2023. The increase in total liabilities was $2.9 billion or 102% to $5.74 billion in 2023, compared with 2.84 billion…
Hess(HES) 2023 Financial Analysis and Stock Valuation
Conclusion Capital expenditure is very huge, which has consumed a lot of cash flow in the past three years. The dividends yield is 1.13%， which is very low. Hess ‘s stock price is $156.23 per share, which is equivalent to $47.98 billion in market capitalization. From cash dividends, the stock price is seriously overvalued. We…
EOG Resources(EOG) 2023 Financial Analysis and Stock Valuation
Balance sheet analysis EOG Resources’ total assets $43.9 billion and $41.4 billion in 2023 and 2022, respectively. Total property, plant and equipment, net was $32.3 billion as of December 31, 2023, accounting for 73.6% of total assets. Total current assets were $10 billion as of December 31, 2023, consisting of 22.8% of total assets. Total…
Marathon Petroleum(MPC) 2023 Financial Analysis
Profitability analysis Marathon Petroleum’s total revenues and other income were $150.3 billion, $180 billion and $121 billion in 2023, 2022 and 2021, respectively. Total revenues and other income in 2023 were down 16.5% year-on-year. Total revenues and other income in 2022 were up 48.8% year-on-year. Gross margin was 14.4%, 15.9% and 9% in 2023, 2022…
Phillips 66(PSX) 2023 Financial Analysis and Stock Valuation
Profitability analysisPhillips 66’s total revenues and other income were $150 billion, $175.7 billion and $114.9 billion in 2023, 2022 and 2021, respectively.Total revenues and other income in 2023 were down 14.6% year-on-year.Total revenues and other income in 2022 were up 53% year-on-year.Net income was $7.2 billion, $11.4 billion and $1.6 billion in 2023, 2022 and…
Shell PLC 2023 Financial Analysis and Stock Valuation
Proditability analysis Shell plc’ s total revenues and other income were $323.2 billion , $386.2 billion and $272.7 billion in 2023, 2022 and 2021, respectively. The total revenues and other income in 2023 were down 16.3% year-on-year. The total revenues and other income in 2022 were up 41.6% year-on-year. Net income attributable Shell plc shareholders…
ConocoPhillips(COP) 2023 Financial Analysis and Stock Valuation
Profitability analysis ConocoPhillips’ total revenues and other income reached $58.6 billion, $82.2 billion and $48.3 billion in 2023, 2022 and 2021, respectively. Total revenues and other income in 2023 were down 28.7% year-on-year. Total revenues and other income in 2022 were up 70% year-on-year. Net income was $11 billion, $18.7 billion and $8 billion in…