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SOL Emeren Group
- 2.189
- -0.441-16.77%
Trading Nov 6 14:33 ET
112.19MMarket Cap-7060P/E (TTM)
2.450High2.000Low756.26KVolume2.410Open2.630Pre Close1.63MTurnover2.37%Turnover RatioLossP/E (Static)51.25MShares3.00052wk High0.36P/B69.97MFloat Cap1.41052wk Low--Dividend TTM31.96MShs Float147.400Historical High--Div YieldTTM17.11%Amplitude0.853Historical Low2.153Avg Price1Lot Size
Emeren Group Stock Forum
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Due to concerns about demand outlook, Goldman Sachs has reduced its Brent crude price forecast range by $5 per barrel to $70-85. Similarly, Morgan Stanley has lowered its Q4 Brent crude price estimate by $5 to $80 per barrel and has revised down its global demand growth forecast from 1.2 million barrels per day to 1.1 million barrels per day.
Jeff Currie, a former renowned commodity analyst at Goldman Sachs, ...
Jeff Currie, a former renowned commodity analyst at Goldman Sachs, ...
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Occidental Petroleum exceeded Q2 revenue and EPS expectations, reporting $6.88 billion in revenue and $1.03 EPS, driven by higher production in the Permian Basin and Gulf of Mexico. Following the announcement, retail sentiment soared, with Stocktwits users turning 'extremely bullish'.
The company, now 29% owned by Warren Buffett’s Berkshire Hathaway, also completed a $12 billion acquisition of CrownRock, expected t...
The company, now 29% owned by Warren Buffett’s Berkshire Hathaway, also completed a $12 billion acquisition of CrownRock, expected t...
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Pushing through the 161.26 resistance level after a little consolidation. Here are the level to watch if the push continues up.
Larger Image: tradingview.com...
$Emeren Group (SOL.US)$
Larger Image: tradingview.com...
$Emeren Group (SOL.US)$
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US crude fell below $75 per barrel, and Brent crude fell below $79 per barrel following the OPEC+ meeting. OPEC+ revealed a detailed "exit from production cuts" roadmap, with Goldman Sachs calling it bearish for oil prices.
Analysts suggest that given current high interest rates and increased production from non-OPEC+ countries like the US, the OPEC+ decision will gradually be negative for oil prices.
Saudi Arabia and seven other countries can gra...
Analysts suggest that given current high interest rates and increased production from non-OPEC+ countries like the US, the OPEC+ decision will gradually be negative for oil prices.
Saudi Arabia and seven other countries can gra...
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Stock Market:
$S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ both closed at record highs.
$Tesla (TSLA.US)$rose 6.7%, $Alphabet-C (GOOG.US)$ hit a new closing high for the fifth consecutive day, and $Microsoft (MSFT.US)$ also reached a new closing high after its developer conference.
Semiconductor stocks retreated, with $NVIDIA (NVDA.US)$ initially dropping nearly 2% before recovering to close at a record high; it will report significant earnings on Wednesday. $GameStop (GME.US)$ , which h...
$S&P 500 Index (.SPX.US)$ and $Nasdaq Composite Index (.IXIC.US)$ both closed at record highs.
$Tesla (TSLA.US)$rose 6.7%, $Alphabet-C (GOOG.US)$ hit a new closing high for the fifth consecutive day, and $Microsoft (MSFT.US)$ also reached a new closing high after its developer conference.
Semiconductor stocks retreated, with $NVIDIA (NVDA.US)$ initially dropping nearly 2% before recovering to close at a record high; it will report significant earnings on Wednesday. $GameStop (GME.US)$ , which h...
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Emeren's financial resilience is evident in its positive cash flow and strong cash position, despite governmental delays. The company's ongoing share buybacks and strategic shift towards advanced-stage development and higher-return IPPs, along with accelerated monetization of its over 3 GW pipeline, suggest a promising 2024 outlook.
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