Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: TotalEnergies , SGX Rubber Future TSR20, Nippon Denko, Crown Holdings, Tocvan Ventures, Oat Agrio, Dic Corp, Directa Plus and more

In today’s briefing:

  • [Earnings Review] TotalEnergies Surpasses Estimates on Strong Gas Trading and Higher LNG Prices
  • Indian Trade Body Greenlights ADD On Halobutyl Rubber Imports
  • Indian Trade Body Greenlights ADD On Halobutyl Rubber Imports
  • Nippon Denko (5563 JP): Full-year FY12/24 flash update
  • Crown Holdings: Here Are the 6 Key Drivers Shaping Its Performance for 2025 & Beyond!
  • TOC: Gran Pilar Exploration Update
  • Oat Agrio (4979 JP): Full-year FY12/24 flash update
  • Dic Corp (4631 JP): Full-year FY12/24 flash update
  • Hybridan Small Cap Feast: 10/02/2025


[Earnings Review] TotalEnergies Surpasses Estimates on Strong Gas Trading and Higher LNG Prices

By Suhas Reddy

  • In Q4, TotalEnergies beat adjusted net income forecasts by 4.8% and revenue projections by 11%. Adjusted net income and EPS rose by 8.1% QoQ and 9.2%, respectively.
  • TotalEnergies’ average gas price realisation rose 8.3% QoQ, European refining margins surged by 68.2% QoQ, while LNG price realisation rose 4.6%.
  • TotalEnergies’ hydrocarbon production rose 0.7% QoQ to 2.43 mboepd, as a 4.5% gas output increase offset a 2.4% oil production decline.

Indian Trade Body Greenlights ADD On Halobutyl Rubber Imports

By Vinod Nedumudy

  • HIIR from Japan, Russia, Singapore, UK, USA face action
  • India producer Reliance Sibur petitions DGTR on dumping
  • ADD range from 10% to 70% on the affected imports

Indian Trade Body Greenlights ADD On Halobutyl Rubber Imports

By Vinod Nedumudy

  • HIIR from Japan, Russia, Singapore, UK, USA face action
  • India producer Reliance Sibur petitions DGTR on dumping
  • ADD range from 10% to 70% on the affected imports

Nippon Denko (5563 JP): Full-year FY12/24 flash update

By Shared Research

  • In Q1 FY12/24, revenue was JPY78.2bn (-0.2% YoY), operating profit JPY6.9bn (+46.0% YoY), recurring profit JPY4.9bn (+100.8% YoY).
  • The company raised its annual dividend forecast to JPY11.0, targeting a payout ratio of about 40%.
  • Full-year forecast for FY12/25 remains undecided due to uncertainties in alloy prices and electronic component demand.

Crown Holdings: Here Are the 6 Key Drivers Shaping Its Performance for 2025 & Beyond!

By Baptista Research

  • Crown Holdings, Inc. reported its fourth-quarter performance for the year 2024, demonstrating notable growth and operational improvements, albeit with some challenges.
  • The earnings per share for the quarter reached $3.02, largely augmented by a significant gain from the sale of Eviosys.
  • When adjusted, the earnings per share stood at $1.59, which surpassed the $1.24 figure from the comparable quarter in the previous year.

TOC: Gran Pilar Exploration Update

By Atrium Research

  • What you need to know: • Tocvan provided an update on its ongoing drill program at its Gran Pilar Gold Silver Project in Sonora, Mexico.
  • • A total of 1,122m of core drilling across 10 drill holes have been completed at the majority controlled Main Zone.
  • • A visual review of the core identified key structures and rock characterization.

Oat Agrio (4979 JP): Full-year FY12/24 flash update

By Shared Research

  • FY12/24 revenue was JPY29.8bn, with operating profit at JPY3.1bn, and net income at JPY2.1bn.
  • Agrichemicals revenue declined 6.8% YoY, while fertilizers and biostimulants revenue increased 9.3% YoY to JPY18.7bn.
  • FY12/25 forecasts project revenue at JPY30.8bn, operating profit at JPY3.3bn, and net income at JPY2.1bn.

Dic Corp (4631 JP): Full-year FY12/24 flash update

By Shared Research

  • FY12/24 sales reached JPY1.07tn (+3.1% YoY), with operating profit at JPY44.5bn (+148.1% YoY), driven by product mix and cost reductions.
  • Sales in Packaging and Graphic segment increased due to jet inks demand, while Functional Products saw divestitures impact.
  • FY12/25 forecasts project JPY1,110.0bn sales (+3.6% YoY) and JPY48.0bn operating profit (+7.8% YoY), with dividend policy maintained.

Hybridan Small Cap Feast: 10/02/2025

By Hybridan

  • The independent music Company housing talent management, live booking, merchandising, talent services and events, provided an update on trading for the financial year ended 31 December 2024.
  • FY24 delivered 100% growth in Group revenue to circa £50m (FY23: £24.1m) and profitability milestone surpassed with adjusted operating EBITDA anticipated to be approximately £1.5m (FY23: loss of £0.46m).
  • The Board of ATC is considering moving the public quotation for trading in its shares to a market operated by the LSE.

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