| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | $22.9B | $28.1B | $33.1B | $36.3B | $35.7B |
| Gross Profit | — | — | — | — | — |
| Operating Income | $3.4B | $5.0B | $6.5B | — | — |
| Net Income | $1.9B | $3.4B | $4.2B | $4.5B | $3.4B |
| Diluted EPS | $1.32 | $2.39 | $2.91 | $3.11 | $2.35 |
| Operating Cash Flow | $4.7B | $3.7B | $6.6B | $6.6B | $6.5B |
| Free Cash Flow | $3.5B | $2.1B | $4.7B | $4.7B | $4.8B |
Company updates and connected market context, with the dated price move attached.
Fundamentals sourced from SEC EDGAR filings (public domain). For informational purposes only. Not investment advice.
The Wire scans sources on a rolling cadence — new stories land through the day.
Company updates and connected market context, with the dated price move attached.
Trump has reimposed a naval blockade on the Strait of Hormuz and added a 20% fee on cargo shipped through, pushing global oil prices above $80 a barrel. The supply shock creates a bifurcated setup: upstream energy producers benefit from elevated crude, while freight-dependent refiners and consumers face margin compression.
Oil prices are plummeting on reports of a US-Iran nuclear deal, which would pave the way for significant Iranian crude supply returning to global markets. The setup pressures energy equities broadly while benefiting oil-intensive consumers and refiners with lower input costs.
Oil prices are falling on reports of progress toward a U.S.-Iran nuclear/sanctions deal that could unlock significant Iranian crude supply back into global markets. A deal would structurally pressure WTI and Brent, with the secondary hit landing on E&P and oilfield services equities.