Energy

Oil, gas, power markets and the utilities caught between them.

127 report(s) in the archive

52-Week Lows Pile Up Across Utilities, Retail and Credit Despite Index Gains

CMS Energy, UFP Industries, Deckers, Blue Owl Capital and Marzetti all hit fresh 52-week lows even as the S&P 500 posted a slight September gain.

Five separate companies across unrelated sectors — utilities, building products, footwear, private credit, and food — hit new 52-week lows even as the broader S&P 500 index eked out a small gain for September.

MARKET REPORTBEARISH

Asian energy markets adapt to Hormuz blockage without panic

Indian refiners raised LPG output nearly 20% and Southeast Asian nations kept building gas plants, suggesting the region is absorbing the shock rather than scrambling.

Indian state refiners lifted LPG output by close to 20% to offset reduced imports tied to the Strait of Hormuz blockage, while Southeast Asian countries continued planned gas-plant construction despite the same disruption.

SPECIAL REPORT
Related topics