Daily Brief Energy/Materials: Venture Global LNG, Crude Oil, Amerigo Resources , Pulsar Helium, JSW Steel Ltd, Kurotani Corp, Pactiv Evergreen , Harbour Energy and more

• Report Below Includes Key Components from Prospectus Including Overview, Market Advantages, Competitors & Risks
• Venture Global (VG US) will still own 97.9% of the Voting Power
• Revenue -45% in the Last Nine Months in 2024 vs. 2023

• Before we begin, let’s discuss the Trump tariffs, as he increasingly sounds serious about them.
• His recent message on Truth Social suggests he is ready to roll out a series of initiatives next week, including those on trade, cryptocurrency, and a range of other topics.
• Every counterpart we speak to expects Trump to take action over the course of his presidency but also anticipates him backing down if the market pushes back against tariffs with a stronger USD, higher bond yields, and weaker risk sentiment.

• Amerigo has a stellar capital return policy, currently offering a 7.4% dividend yield.
• The Company has returned C$0.62/share in the form of dividends and buybacks to shareholders since 2021.
• ARG has a strategic contract with a world-class asset, Codelco’s El Teniente, and is highly leveraged to the copper price.

• The Jetstream #1 well has been deepened by 2,900 feet to 5,100 feet.
• This is significantly more than the expected ~1,650 feet as the company encountered consistent and regular helium shows while drilling that continued beyond the original expected depth.
• The mud log gas contained up to 7.2% helium.

• Incorporated in India, JSW Steel was established in 1994 and listed on the Indian stock exchange in 1995.
• The company is the largest steel producer in the country (only taking into account capacity in India) and seventh-largest in the world.
• It had 34.7 mtpa of capacity at FYE 2023-24, most of which was based in India (33.2 mtpa). 

• In Q1 FY08/25, the company reported revenue of JPY21.4bn, with a significant YoY increase of 20.3%.
• Operating profit decreased by 93.9% YoY to JPY14mn, impacted by rising costs and increased SG&A expenses.
• The Non-Ferrous Metals segment experienced an operating loss of JPY7mn, despite a 20.4% YoY revenue increase to JPY21.2bn.

• Investment firm bullish on Pactiv shares, forecasting fair value of $24 per share in next 12 months
• Pactiv has divested paper mill assets, now a leading sustainable plastic packaging manufacturer for food sectors
• Potential for margin improvement and EBITDA growth through volume expansion and operational optimization, undervalued compared to peers, promising free cash flow profile for debt reduction.

This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

• Harbour Energy (HBR) is a compelling investment opportunity in the European Independent E&P sector.
• Through strategic mergers and acquisitions, HBR has become one of the largest independent oil and gas producers globally, with a diversified asset base, robust financial profile and a steep discount to intrinsic value.
• The recent acquisition of Wintershall Dea’s non-Russian assets for $11.2 billion marks a pivotal moment for HBR.