Estimation

Coterra Energy Reports Fourth-Quarter and Full-Year 2023 Results, Provides 2024 Outlook, and Announces Dividend Increase

Retrieved on: 
Thursday, February 22, 2024

Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported fourth-quarter and full-year 2023 results, provided first-quarter and full-year 2024 guidance and released a new three-year outlook for 2024 through 2026.

Key Points: 
  • Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today reported fourth-quarter and full-year 2023 results, provided first-quarter and full-year 2024 guidance and released a new three-year outlook for 2024 through 2026.
  • As we look ahead, our 2024 capital plan underscores Coterra’s ability to pivot capital as fundamentals in the commodity markets dictate.
  • Common Dividend: On February 22, 2024, Coterra's Board of Directors (the "Board") approved a quarterly base dividend of $0.21 per share, which is a 5% increase year-over-year.
  • The dividend will be paid on March 28, 2024 to holders of record on March 14, 2024.

Global Plastics in Electrical and Electronics Market Size, Share & Trends Analysis Report 2024-2030, by Polymer (ABS, PP), Application (Wires & Cables, Electrical Insulation), Region and Segment

Retrieved on: 
Wednesday, February 21, 2024

DUBLIN, Feb. 21, 2024 /PRNewswire/ -- The "Global Plastics in Electrical and Electronics Market Size, Share & Trends Analysis Report by Polymer (ABS, PP), Application (Wires & Cables, Electrical Insulation), Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 21, 2024 /PRNewswire/ -- The "Global Plastics in Electrical and Electronics Market Size, Share & Trends Analysis Report by Polymer (ABS, PP), Application (Wires & Cables, Electrical Insulation), Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
  • Surging disposable income and increasing demand for energy efficiency are factors contributing to the growth of electrical & electronics market worldwide.
  • An expansion of electronics industry, driven by the emergence of 5G, IoT, and AI technologies, has driven the demand for plastics in electrical & electronics market.
  • Moreover, increasing demand from building & construction industry globally is anticipated to boost demand for plastics across electrical & electronics industry.

Measuring market-based core inflation expectations

Retrieved on: 
Thursday, February 15, 2024

Abstract

Key Points: 
    • Abstract
      We build a novel term structure model for pricing synthetic euro area core inflation-linked
      swaps, a hypothetical swap contract indexed to core inflation.
    • The model provides estimates of market-based expectations for core inflation, as
      well as core inflation risk premia, at daily frequency, whereas core inflation expectations from
      surveys or macroeconomic projections are typically only available monthly or quarterly.
    • We
      find that core inflation-linked swap rates are generally less volatile than headline inflationlinked swap rates and that market participants expected core inflation to be substantially
      more persistent than headline inflation following the 2022 energy price spike.
    • In this paper, we aim to infer market-based core inflation expectations, which are otherwise
      not directly observable because no financial asset directly tied to core inflation exists.
    • We deem this second assumption reasonable because HICP inflation itself is a linear combination
      of core as well as energy and food inflation.
    • The level of 2 percent and relatively low volatility of
      long-term inflation expectations suggests that inflation expectations are firmly anchored at the
      ECB?s 2 percent inflation target.
    • This assumption appears reasonably uncontroversial,
      as core inflation is a sub-component of headline inflation, which the observable headline ILS
      rates are tied to.
    • Our estimates of core ILS rates reflect both market participants? genuine core
      inflation expectations and a core inflation risk premium, but our model explicitly allows for
      this decomposition.
    • The model-implied estimates of core ILS rates appear reasonable along several dimensions:
      (i) like realized core inflation is less volatile than headline inflation, the core ILS rates are less
      volatile than headline ILS rates, (ii) core ILS rates comove less with oil prices than headline
      ILS rates, (iii) the core inflation expectations, as reflected in core ILS rates, typically evolve
      similarly as the core inflation projections by Eurosystem staff, and (iv) consistent with market
      commentary at the time, core ILS rates suggest that market participants expected core inflation
      to be substantially more persistent than headline inflation following the 2022 energy price spike.
    • To the best of our knowledge, we are the first to price core ILS rates and decompose them into
      market-based expectations for and risks around the core inflation outlook.
    • Our approach to inferring core ILS
      rates from headline ILS rates, realized headline and core inflation as well as survey expectations
      for headline and core inflation is also related to Ang et al.
    • Relative
      to their study, we separately measure core inflation expectations and risk premia, we provide
      core inflation expectations at a higher-frequency, and we provide evidence on the causal effects

      ECB Working Paper Series No 2908

      6

      of monetary policy shocks on core inflation expectations and risk premia.

    • Specifically, we decompose the synthetic core ILS rates
      into average expected core inflation over the lifetime of the swap contract and a core inflation
      risk premium that compensates investors for core inflation risk.
    • In
      our model below, this term is constant over time and relatively small, so we will simply refer
      to the core inflation risk premium as the difference between the core ILS rate and the average
      expected core inflation over the lifetime of the swap contract.
    • 3.2

      Core ILS rates

      To have a joint model for headline and core ILS rates, we need one further assumption on the
      dynamics of realized core inflation.

    • The assumption that core inflation is driven by the same set of factors as headline inflation
      should be relatively uncontroversial: since headline inflation is a weighted average of core and
      food and energy inflation, it should reflect any factors driving core inflation.
    • If there are factors
      driving food and energy inflation, which do not show up in core inflation, then those factors
      should still show up in headline inflation.
    • In step two, to be able to infer the factor
      loadings of core inflation, we would regress realized core inflation onto the estimated latent
      factors to identify the additional parameters in equation (12).
    • Before the fourth
      quarter of 2016, the SPF did not ask respondents for their core inflation expectations, so we
      are not able to use survey-based information about core inflation before then.
    • Before
      2016, the fitted core inflation series is somewhat above the realized one, potentially reflecting
      that the model has limited information about core inflation over this early period due to the
      lack of information about core inflation from surveys.
    • This could have been the
      case if one of the factors moved core inflation and energy and food inflation in exactly offsetting
      direction, so the overall impact on headline inflation was exactly zero.
    • During 2021, for example, there were

      ECB Working Paper Series No 2908

      25

      Figure 7: Decomposition of synthetic core ILS rates
      2y core ILS

      5y core ILS

      5
      4

      5
      ILS

      premia

      exp

      4

      ILS

      premia

      exp

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2017 2018 2019 2020 2021 2022 2023

      -2
      2017 2018 2019 2020 2021 2022 2023

      10y core ILS

      5y5y core ILS

      5
      4

      5
      ILS

      premia

      exp

      4

      ILS

      premia

      exp

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2017 2018 2019 2020 2021 2022 2023

      -2
      2017 2018 2019 2020 2021 2022 2023

      Note: Synthetic core ILS rates decomposed into genuine core inflation expectations and core inflation risk
      premia.

    • ECB Working Paper Series No 2908

      26

      Figure 8: Decomposition of ILS rates
      2y ILS

      5y ILS

      5
      4

      5
      ILS

      premia

      exp

      4

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2006

      2010

      2014

      2018

      2022

      -2
      2006

      ILS

      2010

      10y ILS

      2018

      2022

      5
      ILS

      premia

      exp

      4

      3

      3

      2

      2

      1

      1

      0

      0

      -1

      -1

      -2
      2006

      2014

      exp

      5y5y ILS

      5
      4

      premia

      2010

      2014

      2018

      2022

      -2
      2006

      ILS

      2010

      premia

      2014

      2018

      exp

      2022

      Note: ILS rates decomposed into genuine core inflation expectations and core inflation risk premia.

    • We find that the headline inflation risk premium
      indeed does responds more strongly than the core inflation risk premium.
    • The key
      assumption underlying our approach is that traded headline ILS rates span core inflation, which

      ECB Working Paper Series No 2908

      35

      should be reasonably uncontroversial as core inflation is a sub-component of headline inflation.

    • We fit the model to euro area headline ILS rates, realized headline and core inflation, and
      both headline and core inflation expectations reported in the SPF.
    • Decomposing our core ILS rates into genuine core inflation expectations and core
      inflation risk premia shows that shorter maturities mainly reflect core inflation expectations,
      while the core inflation risk premium matters relatively more for longer maturities.
    • Our results suggest that a monetary policy tightening surprise significantly lowers
      near-term core inflation expectations, although less so than it lowers headline inflation expectations.

NxGen Brands Inc. Ramps Up for 2024 by Finalizing Its Acquisition of Mad House Innovations, Launches Two New Innovative Products along with Bullish Q1 Sales Forecasts

Retrieved on: 
Tuesday, January 30, 2024

The acquisition of Mad House Innovations continues a period of transparent updates that NxGen Brands has made and is designed to produce immediate revenues and give it a foothold in its target market.

Key Points: 
  • The acquisition of Mad House Innovations continues a period of transparent updates that NxGen Brands has made and is designed to produce immediate revenues and give it a foothold in its target market.
  • Lawanson highlighted the following important updates for shareholders:
    NxGen Brands, Inc. successfully closes its "Mad House Innovations" acquisition.
  • Releases Bullish Q1 Sales Forecasts for Mad House Supps with Estimated 105% Growth Year on Year, Stretching for $1.6M for 2024.
  • I have been clear with the team that transparency with shareholders is a crucial part of our strategy for success."

CoreLogic and Artigem Align to Launch Contents Estimation Capabilities for Seamless Insurance Claims Management

Retrieved on: 
Monday, January 22, 2024

AUSTIN, Calif., Jan. 22, 2024 /PRNewswire-PRWeb/ -- CoreLogic®, a leader in global property information, analytics and data-enabled solutions, is working with Artigem on the launch of new contents estimation capabilities within the CoreLogic® Claims | Workspace™ platform, delivering a seamless contents estimation experience that benefits insurance claims adjusters and estimators. With these new capabilities, insurance claims professionals can access all tools needed to provide homeowners with accurate estimates in a timely manner following a property loss – streamlining the previously disjointed and time-consuming process.

Key Points: 
  • AUSTIN, Calif., Jan. 22, 2024 /PRNewswire-PRWeb/ -- CoreLogic®, a leader in global property information, analytics and data-enabled solutions, is working with Artigem on the launch of new contents estimation capabilities within the CoreLogic® Claims | Workspace™ platform, delivering a seamless contents estimation experience that benefits insurance claims adjusters and estimators.
  • "Claims professionals are under more strain with rising catastrophic events impacting millions of homeowners across the country," said Jake Labrie, Executive Vice President, Insurance Solutions at CoreLogic.
  • With CoreLogic's Contents Estimation™ solution powered by Artigem, the claims process is now more streamlined so that property estimation can be achieved in one place with improved accuracy and increased carrier efficiency.
  • Contents Estimation within CoreLogic Claims | Workspace was announced at CoreLogic's second annual INTRCONNECT event.

Heliostar Metals Announces Updated Mineral Resource Estimate for the Ana Paula Project, Mexico

Retrieved on: 
Monday, November 27, 2023

Heliostar has selected a 1.0g/t cutoff as a representation of the global resource estimate for the Updated Mineral Resource Estimate.

Key Points: 
  • Heliostar has selected a 1.0g/t cutoff as a representation of the global resource estimate for the Updated Mineral Resource Estimate.
  • The Updated Mineral Resource Estimate has been designed and optimized for an underground mining scenario.
  • The tighter spaced drilling completed by Heliostar in 2023 was the principal driver of higher average gold grades in the Updated Mineral Resource Estimate.
  • The Company is hosting a webinar tomorrow, November 28 at 1pm Pacific/4pm Eastern time, to provide present the Updated Mineral Resource Estimate for the Ana Paula Project.

A Year at the Top: FloQast Maintains Top Ranking for all of 2023 with Release of G2’s Winter Grid Report For Financial Close Management

Retrieved on: 
Monday, December 18, 2023

With the release of G2’s user-based Winter 2024 report for Financial Close Software rankings, FloQast has now earned the first-ranked position as well as received leader badges in all regional grids for five consecutive quarters.

Key Points: 
  • With the release of G2’s user-based Winter 2024 report for Financial Close Software rankings, FloQast has now earned the first-ranked position as well as received leader badges in all regional grids for five consecutive quarters.
  • In the Winter 2024 report, users placed FloQast ahead of 25 category competitors.
  • "2023 has been an incredible year for FloQast as we continue to lead the way in Financial Close Management.
  • In the Winter 2024 grid, FloQast secured badges across a variety of categories in the Enterprise reports, including:

NOWATCH, the World's First 'Awareable' to Debut AI-Powered Insights Feature and Chronos Designer Timepiece Faces at CES 2024

Retrieved on: 
Thursday, December 21, 2023

AMSTERDAM, Dec. 21, 2023 /PRNewswire/ -- NOWATCH, a personalized health tracker that keeps you aware of how your lifestyle impacts your health by measuring stress, sleep, and activity so that you can take charge of your well-being, today announced the release of its robust AI-powered NOWATCH Insights feature along with its new line of Chronos designer timepiece faces at CES 2024. NOWATCH will showcase its latest innovations at CES Unveiled Las Vegas on Sunday evening, January 7, 2024, at the Mandalay Bay from 5-8:30 pm, and as part of the NL Tech Pavilion in Eureka Park at the Venetian Expo, Booth 62100 from January 9-12, 2024.

Key Points: 
  • With NOWATCH Chronos, we invite people to consider – perhaps for the first time – how time rules their existence.
  • NOWATCH Insights is an AI companion and holistic approach that separates NOWATCH from other wearables.
  • Most importantly, this helps users recognize and understand the relationship between sleep, stress, activities, movement and their health.
  • Interested media, industry partners and investors are invited to schedule an appointment at CES to experience NOWATCH in person or visit NOWATCH to learn more.

Global $30+ Bn Cut Flowers Markets, 2018-2022 & 2023-2031 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 14, 2023

The global cut flowers market held a market value of US$ 30.63 Billion in 2022, with a value of US$ 51.9 Billion by 2031.

Key Points: 
  • The global cut flowers market held a market value of US$ 30.63 Billion in 2022, with a value of US$ 51.9 Billion by 2031.
  • All these health advantages of cut flowers have made them a popular choice for home decor, events, and corporate settings, driving the growth of the cut flowers market.
  • The increase in the usage of cut flowers in retail and hospitality is one of the key drivers for the cut flowers market.
  • The use of cut flowers has become an important aspect of visual merchandising and interior decoration in these sectors, leading to a growing demand for cut flowers.

Emissions from oil and gas, buildings undercut Canada's climate progress, estimate finds

Retrieved on: 
Thursday, September 28, 2023

The Early Estimate of National Emissions for 2022 shows that Canada's total emissions increased 2.1 per cent from the previous year, an increase of 14.2 megatonnes of carbon dioxide-equivalent (Mt CO2e).

Key Points: 
  • The Early Estimate of National Emissions for 2022 shows that Canada's total emissions increased 2.1 per cent from the previous year, an increase of 14.2 megatonnes of carbon dioxide-equivalent (Mt CO2e).
  • Emissions from oil and gas production and buildings accounted for nearly three quarters (72 per cent) of the total increase in 2022 and continued a longer-term trend of steadily rising emissions from both sectors.
  • The rise in emissions from buildings was largely due to increased heating demand from a colder winter.
  • "Our Early Estimate of Canada's 2022 emissions shows that climate policy and clean technology are cutting emissions —but that progress is being swamped by the continued rise in emissions from oil and gas and buildings.