Daily Brief Energy/Materials: Cameco Corp, IAMGOLD , Suzhou Kematek, Paladin Energy, T’Way Holdings, Schlumberger Ltd, Continuum Green Energy Ltd, EzFill Holdings , Pharos Energy, Arq and more

• Based on prices and turnover from 22 January, there could be one deletion from the index in January. Plus there will be capping and float changes.
• There are four stocks that meet the inclusion criteria, but all are non-pure play companies, and the index is already at the limit of 15 non-pure play companies.
• Estimated one-way turnover is 6.8% resulting in a round-trip trade of US$506m. There are many stocks with multiple days of ADV to trade.

• The MV Junior Gold Miners Index represents the performance of small-cap gold and silver mining companies listed around the world.
• This index is reviewed semi-annually in March and September. During these reviews, names can be added or deleted from the index.
• Below we take a look at the latest lists of potential ADDs and DELs for the Index Rebal Event in March 2025. 

• CSI All Share Semiconductors & Semiconductor Equipment Index represents the largest and most-liquid stocks in the Semiconductor Industry Group from the Shanghai, Shenzhen, and Beijing Exchanges.
• In this insight, we take a look at the potential ADDs and DELs leading the race for the semiannual index rebal event in June 2025.
• We expect up to six ADDs and seven DELs for the CSI All Share Semiconductors index during this index review event based on the latest available data.

• Evo Group cash flow was around 165 million
• Paladin had a 12-day shutdown in November, impacting production
• Water challenges and stockpile grade affecting Paladin’s guidance and operations

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only.

• A double dose of stubs this week! T’Way Air (091810 KS)‘s second-largest shareholder is seeking to spill the board. T’way Air and T’Way Holdings (004870 KS) are up big time.
• Preceding my comments on the T’way Group are the current setup/unwind tables for Asia-Pacific Holdcos.
• These relationships trade with a minimum liquidity of US$1mn, and a % market capitalisation >20%.

• Schlumberger’s Q4 revenue grew 3.3% YoY and beat estimates by 1.1%, while its net profit fell by 1.6% YoY but its EPS exceeded estimates by 2.5%.
• In fiscal 2024, SLB’s revenue rose 9.5% YoY, with net profit up 6.1%. Full-year revenue and EPS exceeded estimates by 0.2% and 0.1%, respectively.
• SLB reported USD 850 million in 2024 revenue from non-oil and gas operations and expects growth from these segments to outpace core business growth in 2025.

• Continuum Green Energy Ltd (1580973D IN)  is looking to raise about US$430m in its upcoming India IPO.
• Continuum Green Energy (CGE) is an independent power producer (IPP) with over 14 years of experience in identifying, developing, constructing and operating renewable energy projects in India.
• In this note, we look at the firm’s past performance.

• Zacks Small-Cap Research Note for EzFill Holdings (EZFL)

• FY24 production was 5,801 boe/d including, 1,440 bbl/d in Egypt and 4,361 boe/d in Vietnam.
• This is in line with expectations.
• The FY25 production guidance has been set at 5.0-6.2 mboe/d, including 3.6-4.6 mboe/d in Vietnam and 1.4-1.6 mboe/d.

• Arq, Inc. (ARQ) is an environmental technology company producing activated carbon (AC) products that reduce or reverse environmental liabilities.
• Among many applications, AC products remove per- and polyfluoroalkyl substances (PFAS) or “forever chemicals” from drinking water, remediate contaminated soil and ground water, and remove impurities from renewable natural gas (RNG).
• ARQ is well capitalized, expanding, and aims to be the safest, lowest-cost, and sustainably most profitable company in the AC industry.