Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Exxon Mobil, International Paper Co, Westrock Co, Southern Copper and more

In today’s briefing:

  • Exxon Mobil Corporation: Solid Shale Operations Growth & Other Factors Driving Growth! – Major Drivers
  • International Paper Company: Commercial initiatives And Strategic Investments
  • WestRock Company: Strategic Investments for Growth-Oriented Opportunities & Other Major Factors Driving Growth! – Financial Forecasts
  • Southern Copper Corporation: Shift in Copper Market Dynamics & How The Company Is Adapting! – Major Drivers


Exxon Mobil Corporation: Solid Shale Operations Growth & Other Factors Driving Growth! – Major Drivers

By Baptista Research

  • Exxon Mobil Corporation concluded its fourth quarter of 2023 with strong results, emphasizing the execution excellence of its business units throughout the year.
  • These results were primarily driven by the company’s commitment to its employees’ operation and safety standards alongside significant strides in project building, technology deployment, supply-chain management, and trading.
  • 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.

International Paper Company: Commercial initiatives And Strategic Investments

By Baptista Research

  • International Paper Company’s financial performance for the fourth quarter of 2023 was largely influenced by challenging market conditions.
  • Demand for the company’s products was notably lower throughout the bulk of the year.
  • This change in demand was driven by consumers choosing to focus their spending on services and essential goods.

WestRock Company: Strategic Investments for Growth-Oriented Opportunities & Other Major Factors Driving Growth! – Financial Forecasts

By Baptista Research

  • Based on the third fiscal quarter 2023 earnings, it becomes clear that WestRock is focused on improving business outcomes and delivering value to shareholders even in a challenging market environment.
  • Net sales for the quarter stood at $5.1 billion, with consolidated adjusted EBITDA at $802 million.
  • The company exceeded its guidance owing to strong execution, productivity gains, and moderating input costs.

Southern Copper Corporation: Shift in Copper Market Dynamics & How The Company Is Adapting! – Major Drivers

By Baptista Research

  • Southern Copper Corporation’s earnings centered around its 2023 results and offered insight into the company’s financial outlook.
  • The company reported net sales of $9,896 million in 2023, which was lower by 1.5% compared to 2022.
  • Despite the reduction, the company considers the results satisfactory, owing to higher sales volumes for copper and molybdenum, as well as better prices for molybdenum and silver.

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