The latest Market Talks covering Energy markets. Published exclusively on Dow Jones Newswires throughout the day.
0946 GMT - Schneider Electric's revenue outlook eases concerns, analysts at UBS write in a note to clients. The French digital automation and energy management company is targeting organic revenue growth between 7% and 10% for the 2026-30 period, keeping it in line with this year's guidance. The market debated whether the growth target would be upheld or potentially trimmed, the analysts say. The group will also launch a buyback program between 2.5 billion and 3.5 billion euros through 2030. This is new and wasn't widely expected, they say. The only item that hasn't been explicitly specified so far that the analysts believe the market anticipated is a cost-cutting program to support the margin expansion drive, they say. The stock trades 3.7% higher at 242.05 euros. (andrea.figueras@wsj.com)
0857 GMT - Oil prices fall as investors monitor progress to end the war in Ukraine and rising tensions between the U.S. and Venezuela. Brent crude and WTI are both down 1.2% to $61.46 a barrel and $57.73 a barrel, respectively, after settling higher in the previous session when the U.S. seized an oil tanker off the coast of Venezuela. The incident adds to geopolitical risks, even as fundamentals remain bearish, with global supply from OPEC+ and the Americas expected to outpace demand growth. Meanwhile, President Trump dialed up pressure on Ukraine to quickly accept a U.S.-drafted peace plan--a development that could lead to the lifting of sanctions on Russia and bring additional barrels back onto the market. (giulia.petroni@wsj.com)
0849 GMT - Schneider Electric's revenue-growth guidance for the medium term seems positive and reaffirms the group's outgrowth compared with peers, J.P. Morgan analysts say in a research note. The French company expects organic-revenue growth between 7% and 10% for the period ranging 2026-30. The estimate is therefore extended, as the company also targets this increase for the current year. Schneider Electric has unequivocally the best portfolio when it comes to exposure to attractive markets overall, the analysts say. Shares are up 3.4% at 241.45 euros. (andrea.figueras@wsj.com)
0830 GMT - Malaysia's utilities sector is entering a full-scale execution phase thanks to structurally higher demand, marking a shift to energy expansion from energy transition, CGS International's Dharmini Thuraisingam says in a note. The analyst expects electricity demand to grow 4%-5% annually through 2030, driving a capital-spending cycle of more than 150 billion ringgit across grid upgrades, gas infrastructure, and storage and solar projects. That sets the stage for large-cap utilities to lead the next rally as project awards accelerate in 2026, she adds. Early-cycle beneficiaries have included solar engineering, procurement, construction and commissioning contractors, as well as grid suppliers, the analyst notes. CGS maintains an overweight rating on the Malaysian utilities sector. Tenaga Nasional and Malakoff are its top picks. (yingxian.wong@wsj.com)
0817 GMT - For Drax, the increasingly limited long-term role of biomass in the U.K.'s energy system provides it with a strategic challenge, HSBC says. The government's aim to develop alternative options to unabated biomass and the continued uncertainty regarding bioenergy with carbon capture and storage are expected to be long-term structural headwinds, HSBC says. Still, the U.K. government's contract for difference--the primary mechanism for supporting new low-carbon electricity generation--gives the power-generation company some breathing room to asses its strategic options, HSBC says. "We expect free cash-flow generation for the next five years to remain strong, providing plenty of headroom for attractive shareholder distributions and strategic investments," it says. Shares are up 2.6% at 7.81 pounds. (anthony.orunagoriainoff@dowjones.com)
(END) Dow Jones Newswires
December 11, 2025 04:47 ET (09:47 GMT)
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