November 2024

Coterra Energy posted a mixed quarter, but delivered beats where it matters most

Coterra Energy on Thursday delivered mixed third-quarter results for sales and earnings. However, production volumes and cash generation — the latter being what the Street really cares about — came in ahead of expectations. Revenue in the three months ended September 30 was essentially flat versus the year ago period at $1.36 billion but did […]

Coterra Energy posted a mixed quarter, but delivered beats where it matters most Read More »

US Dollar trims part of NPF-inspired losses, remains pressured

The US Dollar recovered modestly after a discouraging Nonfarm Payrolls report sent it sub-104.00.  The steady unemployment rate and the uptick in hourly wages have tempered the negative reaction on the USD. The index bounced from an intraday low of 103.68, with technical indicators showing a growing bearish momentum. The US Dollar Index (DXY) has regained

US Dollar trims part of NPF-inspired losses, remains pressured Read More »

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