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IDA’s Steady Climb: Earnings Outshine Despite Revenue Miss

IDA’s Steady Climb: Earnings Outshine Despite Revenue Miss

February 24, 2025
IDACORP reports a net income of $289.2 million, marking an 11% increase from the previous year. Despite missing revenue expectations by 1.4%, earnings per share rise by 1.7%, reaching $5.50. The Utility Operations segment drives IDA’s notable $1.82 billion revenue. Operational costs
Why Occidental Petroleum Could Be Warren Buffett’s Next Big Bet

Why Occidental Petroleum Could Be Warren Buffett’s Next Big Bet

February 24, 2025
Warren Buffett is spotlighting Occidental Petroleum, highlighting it as a promising investment in the oil industry. Occidental’s capital management is praised for effectively navigating the cyclic nature of the oil market. The $12 billion acquisition of CrownRock aims to bolster cash flow
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