Independent research on the U.S. markets, Baptista Research

Baptista Research

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. 

We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Chevron has become more relevant to Eneos Holdings (TYO:5020) after the Japanese energy group agreed to buy Chevron’s Asia-Pacific downstream fuels and lubricants marketing businesses for $2.17 billion, with closing expected in 2027.</li><li>The package includes operations in Singapore, Malaysia, the Philippines, Australia, Vietnam, and Indonesia, the Caltex brand in those markets, and Chevron Singapore’s 50% stake in Singapore Refining Co. on Jurong Island.</li><li>For Chevron, the transaction fits a broader portfolio streamlining effort, following its earlier move to sell the Hong Kong fuel business to Bangchak and management’s emphasis on capital discipline, cash flow, and long-term competitiveness.</li></ul>

Chevron has become more relevant to Eneos Holdings (TYO:5020) after the Japanese energy group agreed to buy Chevron’s Asia-Pacific downstream fuels and lubricants marketing businesses for $2.17 billion, with closing expected in 2027.The package includes operations in Singapore, Malaysia, the Philippines, Australia, Vietnam, and Indonesia, the Caltex brand in those markets, and Chevron Singapore’s 50% stake in Singapore Refining Co. on Jurong Island.For Chevron, the transaction fits a broader portfolio streamlining effort, following its earlier move to sell the Hong Kong fuel business to Bangchak and management’s emphasis on capital discipline, cash flow, and long-term competitiveness.

Chevron’s $2.17 Billion Sale Puts Eneos In Focus!

Chevron Corp

Chevron’s $2.17 Billion Sale Puts Eneos In Focus!