- ENEOS reported a third-quarter operating income of 156.42 billion yen, marking a 65% increase year-over-year and beating estimates of 136.85 billion yen.
- Net income for the third quarter rose significantly to 102.52 billion yen from 35.08 billion yen in the previous year.
- Despite the positive income figures, net sales were down 10% year-over-year, totaling 3.26 trillion yen.
- For the nine-month period, Oil and Natural Gas Exploration and Production (E&P) generated revenues of 184.05 billion yen.
- Metals revenue for the nine-month term was 518.11 billion yen.
- Petroleum Products revenue reached 8.11 trillion yen over the nine months.
- High Performance Materials contributed 259.68 billion yen in revenue.
- The Electricity and Renewable Energy sectors generated 222.44 billion yen and 32.65 billion yen, respectively.
- ENEOS maintains its full-year forecast of 420.00 billion yen in operating income against estimates of 404.97 billion yen.
- The company continues to expect net income for the year to be 220.00 billion yen, exceeding the estimation of 195.86 billion yen.
- Full-year net sales are projected to be 14.00 trillion yen, with an estimated market forecast of 13.9 trillion yen.
- The projected dividend per share remains at 26.00 yen, aligning with market expectations.
- ENEOS shares saw a 2% increase, reaching 808.90 yen with a trading volume of 8.67 million shares.
- Analysts’ ratings include 4 buy recommendations and 2 hold recommendations, with no sell recommendations.
A look at ENEOS Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.0 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
ENEOS Holdings, Inc. has been assigned varying Smart Scores across different factors, with a particularly strong showing in Value and Dividend scores. This indicates a positive outlook in terms of the company’s value and its ability to provide dividends to its investors. However, the Growth and Resilience scores are lower, suggesting potential challenges in these areas. The company’s Momentum score falls in the middle range.
ENEOS Holdings, Inc. operates refining and marketing businesses, refining and distributing petroleum and petroleum chemical products. Additionally, the company provides non-ferrous metals, electronic materials, and other products. With a solid Value and Dividend score, investors may find ENEOS Holdings attractive for potential long-term investment, although the lower Growth and Resilience scores indicate areas where the company may need to focus on improving for sustained success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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