FINWIRES · TerminalLIVE
FINWIRES

Heidmar Maritime Gets Nasdaq Notice Over Minimum Bid Price

By

Heidmar Maritime (HMR) said Friday it received a notice from Nasdaq indicating the company is not in compliance with the exchange's minimum bid price requirement after its shares traded below $1 per share for 30 consecutive business days.

The company said it has until Oct. 19, 2026, to regain compliance with the requirement.

Heidmar said it intends to monitor its share price and consider available options to regain compliance within the allowed timeframe. Its shares will continue to trade on Nasdaq during the grace period and the notice does not affect the company's business operations.

Shares of Heidmar Maritime were down 3.6% in after-hours trading.

Related Articles

Equities

ONEOK Keeps Quarterly Dividend at $1.07 a Share, Payable May 15 to Holders of Record May 4

$OKE
Equities

BofA: Saudi Aramco Poised to See Robust Q1 Results Amid Higher Oil Prices

BofA Global Research expects Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, to report robust first-quarter 2026 results, potentially logging its highest profits since the third quarter of 2023."We forecast Aramco's 1Q26 net income (including minority interests) at US$29.7bn, up 19% q/q. The increase is supported by: 1) strong Brent pricing atUS$78/bbl in 1Q26, up 24% q/q offsetting lower crude volumes q/q, which are down 7%, 2) robust downstream with refining margins up 10-20% q/q(based on IOC peers) and the chemical basket price up 10% q/q," analysts wrote Thursday.In terms of revenue, the state-owned oil and gas giant is projected to see a 2% quarterly increase to $113.1 billion. The research firm also noted that Aramco is well placed to ramp up its production once the conflict in the Middle East is resolved.As such, the 2026 and 2027 EPS forecasts were nudged up to 2.07 Saudi riyals and 2.11 riyals, respectively, from 2.06 riyals and 2.10 riyals.The buy rating on the stock was reaffirmed, with a price objective of 34.50 riyals.

SASE:2222
Equities

Wells Fargo Adjusts Price Target on EQT to $79 From $70, Maintains Overweight Rating

EQT (EQT) has an average rating of overweight and mean price target of $70.76, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$EQT