No Data
No Data
BP to Invest $48.5M in Chinese Biofuels Amid SAF Mandate Talks
The net income of 7-11's parent company fell by nearly 50% in the first quarter.
Seven & I Holdings, the parent company of 7-Eleven convenience store, reported on Thursday that its net income for the first quarter ending in May fell by 49% to JPY 21.39 billion (approximately USD 0.1322 billion), far below the analyst's average expectations of JPY 41.73 billion. The company attributed the profit decline to the weak profit of each department, especially the overseas convenience store business. Seven & i has been taking measures to focus on the convenience store business and restructure other businesses. In April, the company acquired most of the convenience stores and retail gasoline business of Sunoco, a US fuel distributor, for USD 0.95 billion.
Express News | Barclays Maintains Overweight on Sunoco, Lowers Price Target to $60
Sunoco Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/10/2024 6.74% Barclays $61 → $60 Maintains Overweight 06/18/2024 15.64% Citigroup → $65 Upgrades
Energy Transfer to Focus on 2024 Guidance, Acquisitions, Base Business Growth, UBS Says
Energy Transfer's (ET) Q2 earnings call will focus on 2024 guidance, including the potential closing of the WTG Midstream acquisition and base business growth, UBS Securities said Wednesday in a
Express News | Sunoco LP : Barclays Cuts Target Price to $60 From $61