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8 hours agoMeta Stock Slips Below $600. Time to Buy? | The Motley Fool
Meta Platforms' stock has declined significantly, yet the company shows strong revenue growth and a promising future in AI.
Centuri ended 2025 with a $5.9 billion backlog, up 59% from the prior year, 82% of which was MSA work. For 2026, the company already has approximately $1.1 billion in year-to-date bookings, covering over 85% of the midpoint of its 2026 base revenue guidance.
September, or more likely October, is now the realistic opportunity for a rate cut, and even that is far from guaranteed. The data coming through is not consistent with easing in July. In fact, it points in the opposite direction. Inflation is not falling fast enough. The latest wholesale inflation data shows prices rising at 3.4% year-on-year, the strongest pace in a year, and core measures are still running close to 4%.
We're also funding incremental shareholder returns for free cash flow after distributions, rather than leverage buybacks. And so it's just a bit more of a conservative approach that we're following that is in line with our profile and Chevron's target of 200,000 barrels of oil per day plateau production in the Bakken.
Rising inflation concerns, hawkish monetary policy signals, and escalating geopolitical tensions weighed on risk assets. Energy markets are adding to the pressure. Oil prices surged following renewed attacks on energy infrastructure in the Middle East, intensifying concerns about inflationary pressure.
Sam Bankman-Fried appeared on a Fortune cover in 2022 asking 'The Next Warren Buffett?' He's now serving a prison sentence for fraud. Eddie Lampert was Businessweek's 'Next Buffett' in 2004 before his Sears empire filed for bankruptcy in 2018.
In FY2025, Chord delivered oil volumes that exceeded original guidance by more than 1,000 barrels per day while capital came in approximately $60 million lower. Full-year CapEx landed more than $100 million below pro forma FY24, with oil volumes 1% higher year over year, and the company generated approximately $160 million in incremental run-rate free cash flow through continuous improvement.