Streetbeat News

Assets

HA

Hawaiian Holdings Inc. anticipates a 7.5% to 9.5% increase in its jet fuel consumption for the quarter ending September 30, 2023, compared to Q3 of 2022.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 8:27 pm

CRWD

A significant bullish stance has been taken on CrowdStrike Holdings (NASDAQ:CRWD) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 62% bullish and 37% bearish. The whales have been targeting a price range from $110.0 to $200.0 for CrowdStrike Holdings over the last 3 months. The price of CRWD is up 2.6% at $165.43. Analysts have mixed opinions with price targets ranging from $153 to $235.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 8:16 pm

PXD

A significant bullish stance has been taken on Pioneer Natural Resources (NYSE:PXD) by a large investor or institution, as evidenced by unusual options activity. The sentiment among these big-money traders is split between 53% bullish and 46% bearish. The whales have been targeting a price range from $200.0 to $300.0 for PXD over the last 3 months. Analysts' price targets range from $230 to $265. The stock is currently trading at $243.03, up 1.34%.

Portfolio Pulse from Benzinga Insights

September 05, 2023 | 8:15 pm

CEI

Camber Energy has appointed John Mcvicar as the new Chief Financial Officer, replacing Frank W. Barker, Jr. who announced his retirement on September 1, 2023, according to an SEC filing.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 8:15 pm

D

ENB

Enbridge Inc. has entered into three separate agreements with Dominion Energy, Inc. to acquire EOG, Questar and PSNC for an aggregate purchase price of $14.0 billion. The acquisitions will double the scale of Enbridge's gas utility business to approximately 22% of its total adjusted EBITDA. The company expects the acquisitions to be accretive to its financial DCFPS and adjusted EPS outlook in the first full year of ownership.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 8:12 pm

ZS

Zscaler has provided its financial guidance for FY24, expecting revenue of $2.05B-$2.065B, calculated billings of $2.52B-$2.56B, non-GAAP income from operations of $330M-$340M, and non-GAAP net income per share of $2.20-$2.25. The company also noted that an extension of the useful lives of its servers and networking equipment from four to five years will result in a 50 basis point benefit to its gross margin for FY24.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 8:09 pm

CODA

Coda Octopus Group has appointed John Price as its new CFO, effective from November 27, 2023. Gayle Jardine, who served as the Interim CFO, will return to her previous role as the European Finance Director.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:08 pm

MGY

Magnolia Oil & Gas Corporation (NYSE:MGY) has announced a definitive purchase agreement to acquire oil and gas producing properties in Giddings for $300 million. The acquisition will be funded with cash on hand, which was $677 million as of June 30, 2023. The acquisition will add approximately 48,000 net acres in Giddings to Magnolia's portfolio, enhancing its development opportunities. The acquired assets are expected to generate a free cash flow yield of more than 20% during 2024 at current strip prices.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 8:04 pm

CCCC

C4 Therapeutics has announced the appointment of Kendra Adams as CFO, effective from September 18, 2023. The current CFO, Lauren White, will be leaving the company to pursue a new role with a commercial-stage pharmaceutical company.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 8:02 pm

BTBT

Bit Digital, Inc. (NASDAQ:BTBT) announced its monthly production update for August 2023, reporting a 5% increase in BTC production compared to the previous month. The company's active hash rate was approximately 2.03 EH/s as of August 31, 2023. Treasury holdings of BTC and ETH were 758.5 and 13,002.1 respectively, with a fair market value of approximately $19.7 million and $21.4 million. The company had cash and cash equivalents of $24.9 million as of August 31, 2023.

Portfolio Pulse from Happy Mohamed

September 05, 2023 | 8:01 pm