Know What's Happening in Energy
Know What's Happening in Energy
Flex to acquire Electrical Power Products for $1.1B
Flex Ltd. agreed to buy Electrical Power Products for about $1.1 billion in cash. The target adds roughly $323 million of annual revenue and a mid‑to‑high‑teens EBITDA margin. Flex expects the acquisition to be accretive to adjusted earnings per share in the first full fiscal year.
Also developing:
By the numbers: Oil majors snap up $164M Alaska oil leases
Quanta Services reported a record full‑year revenue of $28.5 billion, up 20% YoY, and a historic $44 billion backlog driven by grid upgrades and data‑center demand. The fourth quarter set new highs in revenue, adjusted EBITDA and free cash flow, underscoring the company’s operational momentum. Eight strategic acquisitions added roughly 11,100 employees, expanding self‑perform capabilities across power‑generation and load‑center markets. Management reaffirmed 2026 guidance for double‑digit top‑line growth and over 20% adjusted EPS expansion, supported by a $500‑$700 million vertical supply‑chain investment in transformer manufacturing.
"On the other hand, repealing the Jones Act, which would allow non-U.S. tankers to transport oil between U.S. ports, would immediately have salutary effects" 🔥 https://t.co/mIuRPyAKFY https://t.co/Rcxft259fv
Crude oil shot up toward $120/bbl, then plunged back below $90/bbl, swinging stocks, bonds, gold, and the dollar along the way. Is the market meltdown really over? #USIranWar #crudeoil #stockmarket #dollar #macro #trading https://t.co/9oO6NbDLq3
NiSource reported full‑year 2025 adjusted earnings per share of $1.90 and a funds‑from‑operations‑to‑debt ratio of 16.1%, both surpassing its guidance. The company reaffirmed 2026 adjusted EPS guidance at $2.02‑$2.07, indicating roughly 8% year‑over‑year growth. Management highlighted a $6‑$7 billion Amazon Genco...
Crude oil futures benchmarks Brent and WTI surged to their highest intraday levels since 2022 on Monday, with Brent briefly topping $90 a barrel and WTI crossing $85. The rally was short‑lived, as both contracts slipped later in the session,...
The NSW Independent Planning Commission approved Edify Energy’s Burroway Solar Farm, a 100 MW photovoltaic array paired with a 100 MW/400 MWh battery, despite 81 objections, most of which came from distant sources. Located within the Central‑West Orana Renewable Energy Zone, the project...
The ongoing Middle East conflict is driving a sharp rise in global energy prices, underscoring Vaclav Smil’s view that energy functions as civilization’s universal currency. Higher gasoline costs in the United States illustrate the immediate market impact, while the war’s ripple...
Michigan lawmakers introduced a bill to make the three‑member Public Service Commission elected rather than governor‑appointed, expanding it to five members. The measure would place the positions on statewide ballots beginning in 2028, with staggered four‑year terms and a 12‑year...
Caretaker finance minister Ekniti Nitithanprapas warned that Thailand’s soaring oil prices, now above $100 per barrel, present a pivotal chance to reshape the economy. He highlighted a 60% jump in BOI‑registered projects to 1.8 trillion baht, reflecting a wave of investors...
*WTI OIL DROPS AS MUCH AS 10% TO $85.52/BBL AT START OF [Tuesday] TRADING *TRUMP SAYS IRAN WAR WILL END 'SOON' BUT NOT THIS WEEK Not to be callous ... but the market really cares about oil tankers moving through the Strait...
Australia is confronting a three‑pronged energy price surge, with petrol and diesel now topping $2 per litre in most capital cities. Gas and electricity costs are also climbing, adding pressure to household and business budgets. The spike follows a sharp...
Oil tanker traffic through the Strait of Hormuz has effectively frozen following a weekend of coordinated strikes on energy and related infrastructure across the Middle East. The attacks have shut down the primary maritime conduit for Persian Gulf crude, leaving...
Australian Q2 electricity contract prices surged this week, with the New South Wales (NSW) market showing the sharpest increase. The rise follows the onset of the Middle East conflict, which analysts say is filtering through to Australian energy pricing. ez2view...
Australian gas prices plunged in the first quarter of 2026, driving wholesale electricity costs down from an average $116 M/h to $60 M/h. The lower power component is projected to shave roughly 20% off residential and commercial utility bills, with the regulated...
The recent closure of the Strait of Hormuz has triggered a sharp rise in global natural‑gas prices, except in North America, which remains insulated by abundant domestic supply. The disruption forced several LNG carriers originally bound for Europe to reroute...
Well then, if Trump is going to lift sanctions on Russian oil in order to bring down the sky-high oil prices that he himself foolishly helped trigger, then I think the absolute priority now should be destroying not just Russia’s...
The Group of Seven announced plans to tap the U.S. Strategic Petroleum Reserve, releasing 300‑400 million barrels of crude. The volume represents roughly a quarter of the SPR, comparable to the remaining U.S. stockpile. French Finance Minister Roland Lescure said the bloc...
🚨 Oil just woke up. Biggest weekly move since the 1980s Then another 12% move today. Perfect trend day structure: 📈 Momentum leg 📉 Pullback to +1 VWAP deviation 💥 Buyers step in 🚀 Continuation higher Those were clean PDC trades all day. Pulled 6K trading CL today. Comment VWAP...
U.S. shale producers are unlikely to fill the gap left by reduced Middle East crude exports, even as oil prices climb. Analysts argue that the war‑driven supply loss will be prolonged, and shale’s long lead‑times and capital intensity prevent a...
U.S. natural‑gas spot prices slipped to a five‑month low as unusually warm spring weather curbed heating demand nationwide. The Henry Hub benchmark rebounded above $3/MMBtu, marking a second consecutive rally. Meanwhile, a force‑majeure event at El Paso Natural Gas forced the...
U.S. and Israeli strikes on Iran have pushed crude oil into the mid‑$70‑per‑barrel range, sending the national average gasoline price up 27 cents to $3.25 per gallon. Analysts warn the pump price could climb to $3.50‑$3.70 soon and possibly breach...
China’s Electricity System Is the Real Story Behind the World's First Electrostate What makes China unique is the scale, structure of its power system. China's utilities control more generating capacity than the entire United States. https://markhamhislop.substack.com/p/chinas-electricity-system-is-the
Wild. A $35 swing in oil prices in one day. Smells fishy... Oil and gas stocks held up remarkably well despite all this. A reminder that silver experienced similar volatility and is now settling at levels well above any point in...
ACEN Corp reported a 60% plunge in 2025 net income to P3.8 billion, driven by softer domestic power prices and temporary shutdowns of wind assets in Northern Luzon. Revenue fell 14% to P32 billion, with domestic sales down 7% after a 28%...
The geopolitical rollercoaster that is 2026 continues and is impacting global oil prices. #canada🇨🇦 #canada #trade #energy
Manila Electric Co. (Meralco) has signed a memorandum of understanding with Korea Hydro & Nuclear Power (KHNP) and the Export‑Import Bank of Korea (KEXIM) to chart technical and financial pathways for nuclear power projects in the Philippines. The agreement includes...
U.S. President Donald Trump’s remarks that the conflict with Iran is “very complete” sent oil markets tumbling. Crude futures dropped about 6.9%, settling at $84.62 a barrel, the steepest decline in weeks. Trump claimed U.S. forces had neutralized Iranian naval...
Air‑lubrication technology is touted as a key efficiency tool for shipping’s decarbonisation, yet more than 600 systems on order have not yet proven sustained fuel savings. Early‑generation designs rely on compressors, delivering bubbles only in narrow speed and sea‑state windows...
As I noted in this thread, no oil infrastructure was damaged. This was all about waiting for a resolution to gets the ships moving again. Looks like that happened and the market is pricing in the end of the war. Headlines * TRUMP...
The episode opens with a discussion of oil prices soaring above $100 per barrel, the sharpest jump in years, and the resulting market fear as higher energy costs threaten corporate earnings, inflation, and consumer spending. Hosts Jon Quass, Rachel Warren,...
U.S. and Israeli strikes on Iran have forced Iraq to curtail oil production as the Strait of Hormuz remains effectively closed, exposing Iraq's dependence on Iranian gas and electricity. The disruption comes just as major U.S. oil majors—ExxonMobil, Chevron and...
Registration is now open for the 2026 DTECH Data Centers & AI conference in Scottsdale, Arizona, scheduled for May 12‑14. The event will gather utilities, engineers, and technology providers to address the rapid megawatt‑to‑gigawatt load growth driven by hyperscale data...
If you’re wondering how the stock market closed green after oil dropped 30% Here’s what just changed: > President Trump just signaled the war with Iran may be nearing an end > G7 nations are reportedly considering releasing up to 400M barrels from...
"Oil Prices: Crude's Wild Day Has Trump Rethinking the Jones Act" https://t.co/YKhaomLkrd For the record, it's technically not "trutherism" if it's - you know - the actual Truth. https://t.co/7CZuzc3gja
Crude Oil WTI Plunged by 24%, Back Below $88, from $116 Overnight. Gasoline Futures -16%. Manic Speculation Unwinds. The Futures Market is where the Imbeciles go nuts. https://t.co/uWAJTgQkXb https://t.co/EdZk8SVqd6
My 2-cent take — he’ll try to jawbone to keep oil below $100, but he won’t deescalate to bring oil below $80 (to the extent he’s really in control here anyway). And the oil floor probably keeps going up while...
Unclear whether President Trump referred to the already announced easing of Russian oil sanctions for India, or something new. In any case, this is what he said: "We have sanctions on some countries. We're going to take those sanctions off till...
President Trump said that he knew oil would go up if he went forward with the strikes...and it went up less than he thought. That's wild. How high was he expecting?
$USO.. don't count oil out yet... didn't even fill the gap.. could be a bullish sign...+6% from the day's low @stockcharts More from me: https://t.co/AEHbNDK3Qe https://t.co/329u34lpLv
Oil plummeted on these comments West Texas Intermediate slumped as much as 10% to $85.52 a barrel, after climbing to nearly $120
No doubt a day for the oil market history books. Nearly $35/bbl of intraday crude price chomp is wild. And this is far from over yet. https://t.co/nrgOddtT5n
RBOB $2.52.. is that print right? Oof... gas prices may actually fall from the current AAA average... https://t.co/37XEXRl4Ts
$4/gallon gas is extremely affordable, historically speaking.. it's really not a big deal.. but there will be lots of whining (if we get there.. looks like we could top out around $3.80) Chart from Jeff Weniger at @WisdomTreeFunds https://t.co/VHUBGSZ7jG
Shutting down Hormuz the first time is like withdrawing from a golf tournament the first time. The second time becomes soooo much easier and will happen with much less provocation.
#BrentOil Comp RSI 92; highest over 15 years. Weekly RSI 79; highest in 15 years.
WTI crude oil's best start to a year on record... well it was... (NYMEX futures begin in March 1983) @soberlook https://t.co/EGLX7QmA3x https://t.co/TPJ8psJtdo
Trump press conference at 5:30pm ET Chances are he'll be talking Iran + Oil which means either position now for a positive outcome or wait for the big moves after You know how I trade. What about you? https://t.co/trsfpA8mKu
IMO, the war won't be over before the end of March. Trump said it in order to crash the price of crude oil and he's succeeding. https://t.co/r1xe5WNN69
WTI crude oil fell below $90 per barrel after President Donald Trump told CBS that the Iran war is “very complete, pretty much.” Earlier in the day, WTI had surged to a peak of $119. https://t.co/ElHrOuNRmc
All of the “oil trading like a meme stock/shitcoin” tweets are not landing with me since the entire point is not that those are volatile, it’s that they move
