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Contract Award: Petrobras has awarded a $170 million contract to Constellation Oil Services for the Plug and Abandonment of shallow-water wells in Brazil, utilizing the Admarine 511 rig, which will create approximately 100 jobs for local professionals.

Market Positioning: This partnership marks Constellation's strategic return to shallow-water operations, aligning with Petrobras' decommissioning plans and establishing Constellation as a significant player in Brazil's offshore oil and gas sector.

Divestment of Non-Core Assets: GeoPark Limited has announced the sale of non-operated working interests in Colombia and Brazil for $20 million to optimize its portfolio and focus on high-impact projects, with plans to close the deal by Q3 2025.

Cost Reduction Strategy: The company is also evaluating a cost reduction strategy aimed at saving $5-$7 million annually through workforce reductions and administrative optimizations, aligning with its disciplined capital allocation and long-term growth objectives.

Validea's Analysis of Expand Energy Corp: Expand Energy Corp (EXE) is rated highly by Validea's Value Investor model, based on Benjamin Graham's strategy, scoring 57% due to its low P/B and P/E ratios, low debt, and solid long-term earnings growth.

About Benjamin Graham: Benjamin Graham, known as the "Father of Value Investing," significantly influenced the investment world with his strategies and mentorship of notable investors like Warren Buffett, achieving impressive returns during his career.

Market Strategy: Amid market volatility and disappointing economic indicators, a focus on resilient sectors like energy is recommended, specifically targeting Expand Energy Corp for a short iron condor options strategy to generate income.

Trade Details: The proposed trade involves selling call and put spreads with specific strike prices, aiming for a maximum profit of $1.88 while managing risk through calculated exit strategies based on profit margins or loss thresholds.

Validea's Analysis of Expand Energy Corp: Expand Energy Corp (EXE) is rated highly by Validea's Value Investor model, based on Benjamin Graham's strategy, scoring 57% due to its low P/B and P/E ratios, low debt, and solid long-term earnings growth.

About Benjamin Graham: Benjamin Graham, known as the "Father of Value Investing," significantly influenced the investment world with his strategies and mentorship of notable investors like Warren Buffett, achieving impressive returns during his career.

Validea's Analysis of Expand Energy Corp: Expand Energy Corp (EXE) receives a 57% rating from Validea's Value Investor model, based on Benjamin Graham's strategy, indicating it is a large-cap value stock with favorable fundamentals in the Oil & Gas Operations industry.

About Benjamin Graham: Benjamin Graham, known as the "Father of Value Investing," significantly influenced investment strategies and mentored notable investors like Warren Buffett, achieving impressive returns during his career despite economic challenges.

Analyst Ratings: RBC Capital's Scott Hanold maintains a Buy rating on Expand Energy with a price target of $125, while Benchmark Co. also issued a Buy rating; however, Wells Fargo has a Hold rating on the stock.

Financial Performance: Expand Energy reported a quarterly revenue of $2 billion with a net loss of $399 million, contrasting with last year's profit of $569 million; insider sentiment is positive, indicated by increased share purchases from company executives.

Analyst Ratings Overview: In the last three months, 21 analysts have provided ratings on Expand Energy, with a mix of bullish and bearish sentiments. The average 12-month price target has increased to $115.86, reflecting an 8.91% rise from previous estimates.

Company Performance Insights: Expand Energy has shown a revenue growth rate of 10.5%, but its net margin, return on equity, and return on assets are below industry averages, indicating challenges in profitability and efficiency despite a favorable debt-to-equity ratio.

Real-time Market Intelligence: Benzinga Pro offers the fastest and most accurate stock market alerts, helping traders stay informed and make winning trades daily.

Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, gaining access to exclusive stories and insights from Benzinga reporters.

EQT and Expand Energy Upgrades: EQT and Expand Energy stocks were upgraded by Stephens from Equal Weight to Overweight, with new price targets of $59 and $123 respectively, reflecting stronger Nymex strip prices.

Revised Earnings Estimates: Analyst Mike Scialla raised earnings per share estimates for both companies for FY 2025 and FY 2026, indicating significant increases in expected cash flow and adjusted EPS for each firm.

Validea's Analysis of Expand Energy Corp: Expand Energy Corp (EXE) receives a 57% rating from Validea's Value Investor model, based on Benjamin Graham's strategy, indicating it is a large-cap value stock with favorable fundamentals in the Oil & Gas Operations industry.

About Benjamin Graham: Benjamin Graham, known as the "Father of Value Investing," significantly influenced investment strategies and mentored notable investors like Warren Buffett, achieving impressive returns during his career despite economic challenges.

Real-time Market Intelligence: Benzinga Pro offers the fastest and most accurate stock market alerts, helping traders stay informed and make winning trades daily.

Community of Traders: Over 10,000 serious traders are part of the Benzinga Pro community, gaining access to exclusive stories and insights from Benzinga reporters.

Analyst Ratings: Betty Jiang from Barclays maintains a Hold rating on Expand Energy with a price target of $115, while Truist Financial has a Buy rating. Recent earnings showed a significant revenue drop and a net loss compared to the previous year.

Insider Activity: Positive sentiment among corporate insiders is noted, with an increase in insider purchases, including a notable buy by the President & CEO of Expand Energy.

Options Trading Volume: Expand Energy Corp (EXE) experienced significant options trading with 16,298 contracts, particularly for the $120 strike call option expiring June 20, 2025, while Alphabet Inc (GOOG) saw 85,052 contracts traded, notably for the $182.50 strike call option expiring March 21, 2025.

Market Activity Insight: Both companies' options trading volumes represent a substantial percentage of their average daily trading volumes, indicating heightened investor interest in these stocks.

Shift in Energy Focus: JPMorgan is favoring natural gas over oil due to increasing U.S. gas demand, a projected oil surplus by 2025, and positive factors like LNG export growth and a shift from coal to gas. They have upgraded Range Resources Corp while downgrading Vermilion Energy Inc.

Oil Market Outlook: The oil market is expected to face challenges with a surplus of 1.3 million barrels per day anticipated in 2025, leading to lower price forecasts for Brent crude and reduced earnings estimates for oil companies, indicating a cautious stance on oil investments.

DoorDash Joins S&P 500: DoorDash Inc shares rose significantly after being announced as a new addition to the S&P 500 index, effective Monday, which typically boosts stock prices due to increased buying from index funds.

Current Stock Performance: As of publication, DoorDash's stock was up 3.58% at $184.45, reflecting positive market sentiment following its inclusion in the index.

DoorDash and Palantir's S&P Index Inclusion: DoorDash is set to join the S&P 500 index, boosting its stock by nearly 7.5%, while Palantir Technologies is moving to the S&P 100 index. Both companies are experiencing significant growth, with DoorDash's stock up 38.3% over the past year and Palantir's stock soaring 235%.

Analyst Ratings and Market Outlook: Analysts maintain a Strong Buy consensus for DoorDash, predicting a further 24.9% upside, while Palantir has a Hold rating with a modest 12.3% upside potential, reflecting cautious optimism despite its impressive growth metrics.

DoorDash and Palantir's S&P Index Inclusion: DoorDash is set to join the S&P 500 index, boosting its stock by nearly 7.5%, while Palantir Technologies is moving up to the S&P 100 index. This quarterly rebalancing will take effect on March 24, replacing several companies in both indices.

Stock Performance and Analyst Ratings: DoorDash has seen a 38.3% increase in stock value over the past year, with strong buy ratings from analysts, while Palantir's stock has surged 235% but holds a more cautious outlook with a hold consensus rating among analysts.

Analyst Ratings: Roth MKM analyst Leo Mariani has maintained a Buy rating on Expand Energy (EXE) with a price target of $116.00, while the average analyst consensus suggests a Strong Buy with a price target of $119.68, indicating a potential upside from current levels.

Company Performance: Expand Energy reported a quarterly revenue of $2 billion and a GAAP net loss of $399 million, contrasting with last year's profit of $569 million, while insider sentiment remains positive as company executives have been purchasing shares.