Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>The third quarter 2024 earnings for ConocoPhillips showcased robust financial and operational performance headlined by surpassing its production targets and detailing plans regarding its impending acquisition of Marathon Oil.</li><li>The substantial strategic maneuvers underscore ConocoPhillips' stance in bolstering its market position and opulently rewarding its shareholders.</li><li>Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.</li></ul>

The third quarter 2024 earnings for ConocoPhillips showcased robust financial and operational performance headlined by surpassing its production targets and detailing plans regarding its impending acquisition of Marathon Oil.The substantial strategic maneuvers underscore ConocoPhillips' stance in bolstering its market position and opulently rewarding its shareholders.Baptista Research looks to evaluate the different factors that could influence the company's price in the near future and attempts to carry out an independent valuation of the company using a Discounted Cash Flow (DCF) methodology.

ConocoPhillips: An Analysis Of How They Are Achieving Operational Excellence & Production Growth! - Major Drivers

External reports (aggregated public sources), Value Investors Club

Value Investors Club

External reports (aggregated public sources)

<ul><li>E&amp;P companies outside Canada struggle to find value due to limited drilling inventories and reinvestment options</li><li>Long-term projects are often undervalued, leading to lower stock prices and detracting from overall value</li><li>Companies investing in long-term projects, like Nexen and Canadian Natural's oil sands projects, have seen outperformance, emphasizing the importance of considering future growth prospects and capital expenditures in the E&amp;P sector</li></ul><p><em>This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.</em></p>

E&amp;P companies outside Canada struggle to find value due to limited drilling inventories and reinvestment optionsLong-term projects are often undervalued, leading to lower stock prices and detracting from overall valueCompanies investing in long-term projects, like Nexen and Canadian Natural's oil sands projects, have seen outperformance, emphasizing the importance of considering future growth prospects and capital expenditures in the E&amp;P sectorThis content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.

Conocophillips (COP) - Thursday, Jul 25, 2024

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Event-Driven

<ul>
<li>S&amp;P DJI have started a market consultation to change the index weighting methodology for the Select Sector Indices to reduce concentration and avoid reverse turnover.</li>
<li>There is US$281bn tracking the Select Sector Indices from the SPDR ETFs. The market consultation will have a larger impact on indices where there is a high degree of concentration.</li>
<li>The largest inflows are expected in <a href="https://www.smartkarma.com/entities/apple-inc" target="_blank" data-smartkarma-citation="entities:666:1" rel="noopener">Apple</a>, <a href="https://www.smartkarma.com/entities/conocophillips" target="_blank" data-smartkarma-citation="entities:18090:1" rel="noopener">Conocophillips</a>, <a href="https://www.smartkarma.com/entities/amazon-com-inc" target="_blank" data-smartkarma-citation="entities:409:1" rel="noopener">Amazon.com</a> and <a href="https://www.smartkarma.com/entities/netflix-inc" target="_blank" data-smartkarma-citation="entities:20451:1" rel="noopener">Netflix</a> while the largest outflows will be from <a href="https://www.smartkarma.com/entities/microsoft-corp" target="_blank" data-smartkarma-citation="entities:15273:1" rel="noopener">Microsoft</a>, <a href="https://www.smartkarma.com/entities/nvidia-corp" target="_blank" data-smartkarma-citation="entities:5891:1" rel="noopener">NVIDIA</a>, <a href="https://www.smartkarma.com/entities/chevron-corp" target="_blank" data-smartkarma-citation="entities:11091:1" rel="noopener">Chevron</a>, <a href="https://www.smartkarma.com/entities/procter-gamble-co" target="_blank" data-smartkarma-citation="entities:978:1" rel="noopener">Procter &amp; Gamble</a>, <a href="https://www.smartkarma.com/entities/exxon-mobil-corp" target="_blank" data-smartkarma-citation="entities:811:1" rel="noopener">Exxon Mobil</a>, <a href="https://www.smartkarma.com/entities/costco-wholesale-corp" target="_blank" data-smartkarma-citation="entities:18404:1" rel="noopener">Costco Wholesale</a> and <a href="https://www.smartkarma.com/entities/meta-platforms-inc-class-a-facebook" target="_blank" data-smartkarma-citation="entities:665:1" rel="noopener">Meta Platforms</a>.</li>
</ul>


S&amp;P DJI have started a market consultation to change the index weighting methodology for the Select Sector Indices to reduce concentration and avoid reverse turnover.
There is US$281bn tracking the Select Sector Indices from the SPDR ETFs. The market consultation will have a larger impact on indices where there is a high degree of concentration.
The largest inflows are expected in Apple, Conocophillips, Amazon.com and Netflix while the largest outflows will be from Microsoft, NVIDIA, Chevron, Procter &amp; Gamble, Exxon Mobil, Costco Wholesale and Meta Platforms.


Select Sector Indices - HUGE Impact of Proposed Constituent Weighting Changes

<ul><li>The second quarter earnings report for ConocoPhillips presented a mixed scenario, affirming the company's continued operational strength along with areas that may trigger concern for prospective investors.</li><li>On a positive note, ConocoPhillips announced a 34% increase in its ordinary dividend, signaling confidence in sustainable financial health and a strong commitment to returning value to shareholders.</li><li>Furthermore, the acquisition of Marathon Oil was a highlight, poised to enhance ConocoPhillips' operational scale and resource base, which could lead to improved efficiencies and broader market reach.</li></ul>

The second quarter earnings report for ConocoPhillips presented a mixed scenario, affirming the company's continued operational strength along with areas that may trigger concern for prospective investors.On a positive note, ConocoPhillips announced a 34% increase in its ordinary dividend, signaling confidence in sustainable financial health and a strong commitment to returning value to shareholders.Furthermore, the acquisition of Marathon Oil was a highlight, poised to enhance ConocoPhillips' operational scale and resource base, which could lead to improved efficiencies and broader market reach.

ConocoPhillips (COP): Will The Marathon Oil Acquisition Be A Game Changer? - Major Drivers

<ul><li>The latest earnings for ConocoPhillips for Q1 2024 showcased the company's steady execution of its strategic plan inclusive of new projects and capital-efficient growth within the lower 48 states, with expectations of low single-digit production growth while spending less capital than the prior year.</li><li>Starting with the global portfolio, ConocoPhillips ramped up production at Surmont Pad 267 in Canada, Bohai Bay 4B in China, and three subsea tiebacks in Norway, with another subsea tieback in Norway expected to start within the next month.</li><li>Production at Montney, Canada reached a record level, motivated by the startup of the second central processing facility.</li></ul>

The latest earnings for ConocoPhillips for Q1 2024 showcased the company's steady execution of its strategic plan inclusive of new projects and capital-efficient growth within the lower 48 states, with expectations of low single-digit production growth while spending less capital than the prior year.Starting with the global portfolio, ConocoPhillips ramped up production at Surmont Pad 267 in Canada, Bohai Bay 4B in China, and three subsea tiebacks in Norway, with another subsea tieback in Norway expected to start within the next month.Production at Montney, Canada reached a record level, motivated by the startup of the second central processing facility.

ConocoPhillips: Increasing Focus On Permian Gas & LNG Expansion! - Major Drivers

United States

ConocoPhillips explores for, produces, transports and markets crude oil, natural gas, natural gas liquids, liquefied natural gas and bitumen on a worldwide basis.

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Conocophillips (COP US)

ConocoPhillips: An Analysis Of How They Are Achieving Operational Excellence & Production Growth! - Major Drivers

The third quarter 2024 earnings for ConocoPhillips showcased robust financial and operational performance headlined by surpassing its production...

Baptista Research

Conocophillips (COP) - Thursday, Jul 25, 2024

E&P companies outside Canada struggle to find value due to limited drilling inventories and reinvestment options. Long-term projects are often...

Value Investors Club

Select Sector Indices - HUGE Impact of Proposed Constituent Weighting Changes

The market consultation to change the index weighting methodology will set off a US$28bn trade in Sep. Inflows to Apple, Conocophillips, Amazon.com...

Brian Freitas

ConocoPhillips (COP): Will The Marathon Oil Acquisition Be A Game Changer? - Major Drivers

The second quarter earnings report for ConocoPhillips presented a mixed scenario, affirming the company's continued operational strength along...

Baptista Research

ConocoPhillips: Increasing Focus On Permian Gas & LNG Expansion! - Major Drivers

The latest earnings for ConocoPhillips for Q1 2024 showcased the company's steady execution of its strategic plan inclusive of new projects and...

Baptista Research

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