Daily Brief Energy/Materials: Crude Oil, Bharat Petroleum Corp, HMH Holding, EcoPro Materials, Ramkrishna Forgings , Shell , Olin Corp, Aarti Industries, SGX Rubber Future TSR20 and more

• Trump declares a national energy emergency and calls for increased oil production
• The US shale revolution led to a surge in oil and gas production
• Despite Trump’s push for more drilling, the oil industry is hesitant due to current market conditions and oversupply of oil

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• NIFTY 50 represents the 50 largest stocks listed in the National Stock Exchange (NSE) of India and the NIFTY Next 50 index tracks the next 50 largest names.
• In this insight, we are presenting our final expectations for ADDs and DELs for the March 2025 index rebal event.
• We see two changes for NIFTY 50 and four changes for NIFTY 100. We expect the results to be announced in the next few days.

• India is becoming a key player in global oil demand growth, with forecasts predicting substantial expansion in the coming years
• The global oil industry is shifting its focus from China to India as the main driver of demand growth
• Challenges for India in meeting oil demand include weather effects, economic activity rhythms, currency strength, and inflation impacts on affordability

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

• Drilling equipment and service provider updated the terms for its IPO in late January. 
• They had total revenue of $577.2 million and $614.8 million and net income of $10.2 million and $44.9 million in the first three quarters of 2023 and 2024, respectively.
• The Houston based company would be following three previous energy IPOs: Flowco Holdings (FLOC US) , Venture Global LNG (VG US) and Infinity Natural Resources (INR US)

• Yoon Kwan’s appeal won’t change much—it’s just stalling. His tax uncertainty is now priced in, so the reason to delay selling his EcoPro M stake is quickly fading.
• The BRV block deal won’t follow the new pre-disclosure rule, as Yoon’s likely to classify BRV as a financial investor, so no one-month heads-up.
• The deal’s likely in 2-3 weeks; volume will spike 2-3 days before. Once we catch the signals, it’s time to position for the EcoPro M block trade.

• Ramkrishna Forgings (RMKF IN) reported Q3 FY25 revenue growth of 8% and volume up 13.9%, alongside new capacity expansions and Rs. 697 crore in new orders.
• These robust results and strategic capacity boosts underscore RKFL’s resilience, positioning it for sustainable growth amid raw material and market headwinds.
• Investors should see the mixed Q3 performance as a sign of proactive investments that could translate into significant long-term value.

• Shell’s Q4 revenue fell by 15.8% YoY and its adjusted earnings dropped by 49.9%. However, its revenue beat analyst estimates by 8% but missed EPS projections by 10.8%.  
• Shell raised its dividend by 4% and announced a USD 3.5 billion share buyback for the current quarter, marking 13 consecutive quarters of at least USD 3 billion in repurchases.
• Shell achieved USD 3.1 billion in cost reductions by end-2024, surpassing its USD 2–3 billion target a year ahead of schedule. Net debt fell by 10.9% YoY in Q4.

• Olin Corporation’s latest financial results present a mixed picture, reflecting both strategic advancements and ongoing challenges.
• The fourth quarter saw positive developments, such as a sequential 9% sales increase in Chlor Alkali Products and Vinyls (CAPV), facilitated by volume recovery post-Hurricane Beryl and improved pricing.
• Additionally, cost reductions are underway, with plans to achieve $250 million in savings by 2028, including $20 to $30 million aimed for in 2025.

• Aarti Industries (ARTO IN) reported Q3 FY25 revenue of Rs. 2,305 crores with 14% QoQ growth, robust volume gains, capacity expansions in MMA and nitro-toluene, and ongoing cost optimizations.
• Strong Q3 performance and capacity boosts bolster AIL’s long-term growth prospects, mitigating pricing pressures and forex challenges while fueling diversification into renewables and chemical recycling.
• AIL’s strategic investments and diverse product mix signal resilient growth and margin improvements, suggesting a promising long-term outlook despite current short-term forex volatility.

•  Heavy rain may occur in east Indonesia during one-month period
• Disruption to rubber production may be mostly from heat
• WEF, WMO seek private contribution for early weather warning