MITSY News and Press, Mitsui & Co. Ltd. ADR From 08/02/22

Mitsui press release ( OTCPK:MITSY ): Q1 GAAP EPS of ¥172.37. Revenue of ¥3.72B (+40.4% Y/Y) misses by ¥15.55B . For further details see: Mitsui GAAP EPS of ¥172.37, revenue of ¥3.72B misses by ¥15.55B

OTCQX:ACDVF , AINV , AME , AQUA , ARNC , ATKR , AUDC , BLD , BP , BPMC , CAT , CMI , CNP , CWEN , CZOO , DBD , DD , DEA , DSKE , ENTG , EOLS , EOSE , ESPR , ETN , ETRN , EXPD , OTCPK:...

My portfolio had a total return of -13.8% in the first half of 2022, beating the S&P index fund's total return of -20.0%. Market preference for value over growth helped drive performance, as did my temporary rotation out of riskier fixed income investments. I deliberately lowe...

Shell ( NYSE: SHEL ) said on Friday it is assessing the implications of a Russian decree that would allow its government to take charge of the Sakhalin-2 natural gas project, in which the company owns a 27.5% stake. Vladimir Putin signed a decree on Thursday that would t...

Sempra (NYSE:SRE) subsidiary Sempra Infrastructure said Monday it signed an agreement with France's TotalEnergies (TTE) and with Japan's Mitsui (OTCPK:MITSY) and Mitsubishi to develop the proposed Hackberry carbon capture project in Louisiana. The companies said the combined Cameron LNG Phase...

Berkshire Hathaway's 13F stock portfolio value increased from ~$331B to ~$364B. Their largest three holdings are at ~62% of the entire portfolio. Berkshire Hathaway added Occidental Petroleum, HP, Citigroup, and Paramount Global while reducing Verizon Communications. They also inc...

CF Industries (NYSE:CF) expects the U.S. plant it plans to build with Mitsui to produce low-carbon ammonia for fuel will cost ~$2B, CEO Tony Will said Thursday, according to Reuters. The companies will share the cost, with CF Industries (CF) owning 52% of the planned joint venture and Mitsui ...

Iron ore prices have stabilized but will not be as strong as in FY 2022.  Mitsui's other major commodities like oil, gas, and coal are stronger. The company's FY 2023 profit forecast of ¥800 billion is below 2022 actuals, but the stock is still cheap at 6.4 times forward ear...

Japan's Mitsui (OTCPK:MITSY) said Monday its full-year net profit nearly tripled from a year earlier to an all-time high ¥914.7B (~$7B) on soaring energy and commodity prices, and said it will maintain its involvement in the Sakhalin-2 LNG and Arctic LNG-2 liquefied natural gas projects ...

Sempra Energy (NYSE:SRE -2.2%) said on Monday its liquefied natural gas infrastructure unit entered into an agreement with TotalEnergies (NYSE:TTE -1.2%), Mitsui (OTCPK:MITSY) and a group jointly owned by Mitsubishi and Nippon Yusen Kabushiki Kaisha to develop the Cameron LNG Phase 2 export p...