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Energy & Utilities Roundup: Market Talk

Energy & Utilities Roundup: Market Talk

The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET. 0637 GMT - SK Innovation is likely to benefit from higher lubricant base oil prices, LS Securities analyst K.H. Chung says. The South Korean refiner is a global leader in premium lubricant base oils, producing about 80,000 barrels of Group III base oils a day, Chung writes in a note. She expects the supply shortage of lubricant base oils to persist for more than a year. Tight supply of kerosene and diesel and wider refining margins could also continue to boost the company's earnings, she adds. LS Securities upgrades the stock to buy from hold and raises its target price to 187,000 won from 126,000 won. Shares end 2.6% higher at 158,000 won. (kwanwoo.jun@wsj.com) 0113 GMT - YTL Power International could see upside from its expanding data-center and AI infrastructure, as well as renewed power-generation opportunities, says Hong Leong IB analyst Daniel Wong in a note. Its Kulai and Sedenak West hubs offer 2.4GW of potential data-center capacity, while its AI-GPU capacity could scale to 100MW or more and support a new services business. The procurement of seven gas turbines totaling 5.25GW also positions YTL for power-generation growth and supports its expanding data-center pipeline, he reckons. Higher water tariffs and planned treatment plants at its unit Ranhill Utilities should support earnings as Johor's water demand rises, he adds. Hong Leong raises its target price to 8.08 ringgit from 7.58 ringgit and keeps a buy rating. Shares are 1.4% higher at 5.62 ringgit. (yingxian.wong@wsj.com) The price fetched by Amplitude Energy for its natural gas in 1Q should improve on the prior three months, supporting growth in revenue. That's the view of Bell Potter analyst Stuart Howe, who points to higher gas volumes in the quarter. Also, spot natural gas prices recovered to a quarterly average of A$9.77 per gigajoule, from A$8.42 per gigajoule in 4Q of FY26. Amplitude is due to report its 1Q p

Dow Jones•2026-10-06 08:20
Dow Jones Top Energy Headlines at 4 AM ET: Oil Is Flowing From Hormuz Again-Just Not the Kind the World Needs Most | Oil ...

Dow Jones Top Energy Headlines at 4 AM ET: Oil Is Flowing From Hormuz Again-Just Not the Kind the World Needs Most | Oil ...

Oil Is Flowing From Hormuz Again-Just Not the Kind the World Needs Most The scramble is on for diesel, while damaged refineries and tight fuel supplies keep prices elevated around the world. ---- Oil Falls as G-7 Plans Crude, Diesel Release, But Hormuz Risks Persist Oil prices settled lower as traders weighed a planned release of emergency oil and diesel stocks by the Group of Seven countries against renewed attacks around the Strait of Hormuz and persistent Middle East supply risks. ---- Aramco CEO Says Oil Inventories Could Take Two Years to Rebuild Amin Nasser said the global supply cushion was scarily thin, with estimates less than 6 billion barrels of commercial inventories remain-and most of that wasn't practically available. ---- Saudi Arabia Slashes Crude Prices for Asia as Exports Recover Saudi Aramco lowered the official selling price for November shipments of its Arab Light crude to Asia by $3 a barrel to a discount of $5 a barrel to the Oman/Dubai benchmark. ---- Centalion, Fresh From Rebrand, Does Deal for U.S. Gas Fields The trading firm formerly known as Gunvor is poised to become a major player in the Haynesville basin with $1.5 billion deal. ---- LNG's Golden Age Could Last Longer Than Expected. These Stocks Benefit Most. Companies that export liquefied natural gas have been minting profits this year. ---- Ithaca Energy to Buy Offshore Canada Oil Assets for Up to $1.1 Billion The company said the deal adds scale and diversification in an operating environment similar to the U.K. Continental Shelf and materially enhances its production outlook. ---- Energy & Utilities Roundup: Market Talk Find insight on Suncor Energy, National Grid, Cenovus and more in the latest Market Talks covering Energy and Utilities. ---- These Energy Companies Put Oklahoma City on the Map. Now They're Moving to Texas. The departures of Devon Energy and Expand Energy are the latest sign that oil-and-gas mergers are consolidating the industry in Houston. ---- Oil Was Pouring Out of Hormuz Again. Then Attacks on Ships Resurge

Dow Jones•2026-10-06 08:00

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