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CPG

Crescent Point has updated its five-year plan, targeting a production of approximately 180,000 Boe/day by 2028, which equates to a compounded annual growth rate of 5%. This growth is expected to be driven by the company's Kaybob Duvernay and Alberta Montney assets, which are expected to generate over 70% of Crescent Point's total production by 2028.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 10:48 am

CPG

Crescent Point Energy has projected its annual production to be between 145,000-151,000 Boe/Day in 2024, based on development capital expenditures of $1.05B-$1.15B. About 70% of the company's 2024 budget is expected to be allocated to its Kaybob Duvernay and Alberta Montney plays, which provide top quartile returns, scalability, and quick well payouts.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 10:46 am

LLAP

Terran Orbital (NYSE:LLAP) has officially opened a new 60,000-square-foot satellite manufacturing space in Irvine, CA. This addition expands the total size of the manufacturing complex to approximately 98,000 square feet.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 10:31 am

IBRX

ImmunityBio has secured approximately $200M in financing transactions from Nant Capital, an entity affiliated with Patrick Soon-Shiong, the company's founder, executive chairman, and global chief scientific and medical officer.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 10:10 am

KKR

KKR & Co Inc and SBI Holdings Inc are planning to set up a joint venture to sell mutual funds to individual investors, according to a report by Nikkei cited by Reuters.

Portfolio Pulse from Charles Gross

September 11, 2023 | 10:06 am

MTAL

Metals Acquisition Limited (MAC) has reported its operational update, including drill results and production figures for July and August 2023. The company produced 7,294 tonnes of copper in the first two months of its ownership. The drilling results included 50.4m @ 8.9% Cu and 36 g/t Ag from 170.6m in UDD20134. The company also reported that drilling at the shallow QTS South Upper mineralisation has been accelerated.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2023 | 10:04 am

FXI

China's foreign exchange self-regulatory body has stated that the Yuan exchange rate has a solid basis to remain reasonably stable at reasonable and balanced levels, according to a statement from the China Central Bank.

Portfolio Pulse from Charles Gross

September 11, 2023 | 9:28 am

DOGEUSD

SHIBUSD

Meme cryptocurrency HarryPotterObamaSonic10Inu has seen a 28% increase in value over the past 24 hours, outperforming Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB), which have seen marginal declines. The rise comes after a controversial interview aired by former Fox News host Tucker Carlson. CoinMarketCap data shows a significant increase in the trading volume of HarryPotterObamaSonic10Inu, reaching $4.10 million within a 24-hour period.

Portfolio Pulse from Mehab Qureshi

September 11, 2023 | 9:06 am

FXI

SPY

China's Central Bank is set to acquire approval for bulk dollar buying of $50M and above. This move could potentially impact the value of the dollar and related ETFs.

Portfolio Pulse from Charles Gross

September 11, 2023 | 9:02 am

ETHUSD

SHIBUSD

Shiba Inu (CRYPTO: SHIB) experienced a 330% surge in burn rate following the resolution of a glitch in the Shibarium layer-2 Ethereum (CRYPTO: ETH) Network. A total of 181 million SHIB tokens have been burned, permanently removing them from circulation. However, the locked value on Shibarium is only $742,000, compared to the total locked value across various blockchains in the crypto ecosystem of approximately $37.51 billion.

Portfolio Pulse from Mehab Qureshi

September 11, 2023 | 8:00 am