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Infinity Natural Resources Q1 Loss Narrows, Revenue Rises
Infinity Natural Resources (INR) reported Tuesday Q1 loss of $0.35 per diluted share, compared with a loss of $2.27 a year earlier.Analysts polled by FactSet expected earnings of $0.68.Revenue for the quarter ended March 31 was $154.9 million, up from $85.2 million a year ago.Analysts surveyed by FactSet expected $143.5 million.
Ecopetrol President Ricardo Roa Charged by Colombia's Prosecutor's Office With Breaches of Campaign Spending Limits
Ecopetrol (EC) said Tuesday its President Ricardo Roa has been charged with alleged violations of spending limits related to the country's 2022 presidential campaign following a probe by Colombia's General Prosecutor's Office.Ecopetrol said Roa has rejected the charges filed by the prosecutor's office.The company said on April 7 that its board had approved an unpaid leave of absence for Roa, effective May 28 for 30 days, following a scheduled vacation from April 7 to May 27.
UBS Adjusts Price Target on National Energy Services Reunited to $32 From $31, Maintains Buy Rating
National Energy Services Reunited Corp. (NESR) has an average rating of buy and mean price target of $30.86, 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)Price: $24.84, Change: $-0.59, Percent Change: -2.32%