Enterra (OTC:ETER) Stock, Quote.Headers.trade-ideas

Enterra Corp with its subsidiary operates in Early Warning Cyber (EWC), Web3 Decentralized Identity Knowledge and Management (ID K&M), Cloud Security Integration, and Internet of Things (IoT) solutions to combat the cybersecurity threats its potential enterprise and government clients encounter.

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Enterra Corp

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Eterna Therapeutics Inc

Eternal Hospitality Group Co Ltd

Chinese EV maker Nio Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NIO#NYSE">NIO</a>) is reportedly eyeing taking over Volkswagen brand Audi&#8216;s car plant in Vorst, a city in Brussels.
What Happened: A Nio delegation visited the Vorst plant in recent weeks and is working on a bid to submit to Audi parent Volkswagen by next Monday, <a href="https://www.tijd.be/ondernemen/auto/chinees-nio-kandidaat-overnemer-voor-audi-brussels-fabriek/10565046.html">reported</a> Belgian newspaper De Tijd. Belgium-based D&#8217;Ieteren is also interested in the plant, the report said.
Volkswagen has decided not to make any more vehicles at the plant after the last Q8 e-tron SUV rolls off the production line next year. Unless the German automaker finds a buyer, the plant will be closed, leaving 2,910 employees unemployed, the report said. 
Why It Matters: For Nio, having a plant in Europe will help it avoid the high tariffs being considered for EV imports from China. 
The European Commission is <a href="https://www.benzinga.com/news/24/09/40810974/us-ally-urges-eu-to-reconsider-tariffs-on-chinese-evs-we-dont-need-another-war">expected to propose </a>final tariffs of up to 35.3% on electric vehicles manufactured in China, in addition to the standard 10% car import duty applied by the EU.&nbsp;
The Chinese EV maker started<a href="https://www.benzinga.com/markets/equities/24/09/40925180/teslas-chinese-competitor-nio-begins-deliveries-of-new-es8-in-europe-amid-eu-tariff-concerns-rep"> delivering the ES8 SUV </a>to customers in Europe earlier this month. The vehicle is referred to as the EL8 in the geography due to an older lawsuit with Audi. 
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/news/24/09/40933228/tesla-registrations-in-eu-take-a-hit-in-2024-as-ev-demand-slows-volkswagen-volvo-and-toyota-continue">Tesla Registrations In EU Take A Hit In 2024 As EV Demand Slows: Volkswagen, Volvo, And Toyota Continue To Gain Speed</a></li>
</ul>
Photo courtesy: Shutterstock

News

Tech

Media

Chinese EV Maker Nio Eyes Audi's Brussels Plant Amid European Expansion: Report

UBER

Darden Restaurants Inks Pact With Uber To Introduce On-Demand Delivery, with Olive Garden The First To Pilot

General

GOEV

Canoo Announced That The U.S. Customs And Border Protection Has Officially Approved Final Activation Of Canoo's Oklahoma City Operations As A Foreign-Trade Zone, Becoming One Of The Largest FTZs In The State Of Oklahoma

Bernstein analyst Aneesha Sherman maintains Nike (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NKE#NYSE">NKE</a>) with a Outperform and lowers the price target from $112 to $109.

Price Target

Analyst Ratings

Bernstein Maintains Outperform on Nike, Lowers Price Target to $109

Management

BLDR

Builders FirstSource Names Pete Beckmann To Succeed Peter Jackson As CFO

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.
The RSI is a momentum indicator, which compares a stock&#8217;s strength on days when prices go up to its strength on days when prices go down. When compared to a stock&#8217;s price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the <a href="https://www.benzinga.com/topic/rsi">RSI is below 30</a>, according to <a href="https://pro.benzinga.com/">Benzinga Pro</a>.
Here's the latest list of major oversold players in this sector, having an RSI near or below 30.
<h3 class="wp-block-heading">Gran Tierra Energy Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GTE#NYSE">GTE</a>)</h3>
<ul>
<li>On Sept. 18, Gran Tierra Energy announced the closing of an additional $150 million aggregate principal amount of its 9.500% senior secured amortizing notes due 2029. The company's stock fell around 31% over the past month and has a <a href="https://www.benzinga.com/quote/GTE">52-week low of $4.72</a>.</li>
<li>RSI Value: 27.50</li>
<li>GTE Price Action: Shares of Gran Tierra Energy fell 6.4% to close at $5.90 on Wednesday.</li>
<li>Benzinga Pro's real-time newsfeed alerted to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1">latest GTE new</a>s. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="907" height="846" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070435/image-149.png" alt="" class="wp-image-555845" style="width:682px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070435/image-149.png 907w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070435/image-149-300x280.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070435/image-149-768x716.png 768w" sizes="(max-width: 907px) 100vw, 907px" /></a></figure>
<h3 class="wp-block-heading">Vivakor inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VIVK#NASDAQ">VIVK</a>)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
<ul>
<li>On April 22, VirnetX Holding announced that it has established an advisory board comprised of four retired senior U.S. Air Force leaders. The company's stock fell around 28% over the past month. It <a href="https://www.benzinga.com/quote/VIVK">has a 52-week low</a> of $0.44.</li>
<li>RSI Value: 27.07</li>
<li>VIVK Price Action: Shares of Vivakor fell 0.7% to close at $1.43 on Wednesday.</li>
<li>Benzinga Pro&#8217;s charting tool helped identify the<a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"> trend in Vivakor stock</a>. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="916" height="837" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070512/image-150.png" alt="" class="wp-image-555846" style="width:657px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070512/image-150.png 916w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070512/image-150-300x274.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070512/image-150-768x702.png 768w" sizes="(max-width: 916px) 100vw, 916px" /></a></figure>
<h3 class="wp-block-heading">Crown LNG Holdings Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGBS#NASDAQ">CGBS</a>)</h3>
<ul>
<li>On Sept. 17, Crown LNG announced it received a Nasdaq notification regarding Nasdaq listing rule 5550(a)(2) for failing to meet its minimum bid requirements. The company's shares fell around 45% over the past month and has a 52-week<a href="https://www.benzinga.com/quote/GGR"> low of $0.26</a>.</li>
<li>RSI Value: 22.60</li>
<li>CGBS Price Action: Shares of Crown LNG Holdings fell 10.6% to close at $0.26 on Wednesday.</li>
<li>Benzinga Pro&#8217;s signals feature notified of a potential <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1">breakout in Crown LNG Holdings share</a>s. </li>
</ul>
<figure class="wp-block-image size-full is-resized"><a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent091924&amp;t=be2bearmibe3na1"><img loading="lazy" decoding="async" width="892" height="847" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070540/image-151.png" alt="" class="wp-image-555848" style="width:602px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070540/image-151.png 892w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070540/image-151-300x285.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/09/19070540/image-151-768x729.png 768w" sizes="(max-width: 892px) 100vw, 892px" /></a></figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/news/earnings/24/09/40925678/fedex-gears-up-for-q1-print-here-are-the-recent-forecast-changes-from-wall-streets-most-accurate-an">FedEx Gears Up For Q1 Print; Here Are The Recent Forecast Changes From Wall Street&#8217;s Most Accurate Analysts</a></li>
</ul>

Long Ideas

Pre-Market Outlook

Markets

Trading Ideas

CGBS

VIVK

Top 3 Energy Stocks That Could Lead To Your Biggest Gains This Month

Stock Split

BBGI

Beasley Broadcast Has Approved A Reverse Stock Split At A Ratio Of 1-for-20

Guidance

Darden Restaurants Reiterated Full Year Financial Outlook For Fiscal 2025: Sees Net Earnings Per Share From Continuing Operations Of $9.40 To $9.60

Jackson will succeed Dave Rush, who has served as CEO since November 2022 and is retiring after 25 years of dedicated service to the Company. Rush will remain on the Builders FirstSource Board of Directors and continue as a special advisor to ensure a smooth transition.

Builders FirstSource Names CFO Peter Jackson As Its Next President & CEO And Member Of Its Board Of Directors, Effective November 6, 2024

Biotech

Health Care

ENSC

Ensysce Biosciences Has Submitted To FDA Its PF614-301 Protocol Of The Study To Evaluate The Efficacy And Safety Of PF614 For Moderate To Severe Pain After Abdominoplasty

Earnings

MoneyHero Q2 Sales $20.67M Up From $16.65M YoY

Darden Restaurants (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DRI#NYSE">DRI</a>) reported quarterly earnings of $1.75 per share which missed the analyst consensus estimate of $1.83 by 4.37 percent. This is a 1.69 percent decrease over earnings of $1.78 per share from the same period last year. The company reported quarterly sales of $2.76 billion which missed the analyst consensus estimate of $2.80 billion by 1.54 percent. This is a 0.95 percent increase over sales of $2.73 billion the same period last year.

Earnings Misses

Darden Restaurants Q1 Adj $1.75 Misses $1.83 Estimate, Sales $2.76B Miss $2.80B Estimate

TNXP

Tonix Pharmaceuticals Secures US Patent Claiming Pharmaceutical Composition, Method Of Treating Migraine Via Intranasal Administration, And An Intranasal Delivery System For Tosymra. This Patent, Excluding Possible Patent Term Extensions, Is Expected To Expire In 2030.

VNDA

The FDA Declined To Approve Vanda's New Drug Application Of Tradipitant For The Treatment Of Symptoms In Gastroparesis, Providing Vanda With A Complete Response Letter

Business Outlook Operating Margin, Net Income and Diluted EPS
<figure class="table"> 
<table>
<tbody>
<tr>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">(Unaudited)</td>
<td colspan="3">&nbsp;</td>
<td colspan="3">&nbsp;</td>
</tr>
<tr>
<td colspan="3">Figures may not foot due to rounding</td>
<td colspan="6">Annual Fiscal 2025 Guidance</td>
</tr>
<tr>
<td colspan="3">(In millions, except per share data)</td>
<td colspan="3">Low end of range</td>
<td colspan="3">High end of range</td>
</tr>
<tr>
<td colspan="3">Revenues</td>
<td>$</td>
<td>2,285&nbsp;</td>
<td>&nbsp;</td>
<td>$</td>
<td>2,305&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Operating income</td>
<td>$</td>
<td>765&nbsp;</td>
<td>&nbsp;</td>
<td>$</td>
<td>749&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Operating margin</td>
<td colspan="2">33.5&nbsp;</td>
<td>%</td>
<td colspan="2">32.5&nbsp;</td>
<td>%</td>
</tr>
<tr>
<td colspan="3">Intangible asset amortization</td>
<td colspan="2">80&nbsp;</td>
<td>&nbsp;</td>
<td colspan="2">81&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Adjusted operating income</td>
<td>$</td>
<td>845&nbsp;</td>
<td>&nbsp;</td>
<td>$</td>
<td>830&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Adjusted operating margin (a)</td>
<td colspan="2">37.0&nbsp;</td>
<td>%</td>
<td colspan="2">36.0&nbsp;</td>
<td>%</td>
</tr>
<tr>
<td colspan="3">&nbsp;</td>
<td colspan="3">&nbsp;</td>
<td colspan="3">&nbsp;</td>
</tr>
<tr>
<td colspan="3">Net income</td>
<td>$</td>
<td>598&nbsp;</td>
<td>&nbsp;</td>
<td>$</td>
<td>577&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Intangible asset amortization</td>
<td colspan="2">66&nbsp;</td>
<td>&nbsp;</td>
<td colspan="2">66&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Discrete tax items</td>
<td colspan="2">(4)</td>
<td>&nbsp;</td>
<td colspan="2">(3)</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Adjusted net income</td>
<td>$</td>
<td>660&nbsp;</td>
<td>&nbsp;</td>
<td>$</td>
<td>640&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">&nbsp;</td>
<td colspan="3">&nbsp;</td>
<td colspan="3">&nbsp;</td>
</tr>
<tr>
<td colspan="3">Diluted earnings per common share</td>
<td>$</td>
<td>15.70&nbsp;</td>
<td>&nbsp;</td>
<td>$</td>
<td>15.10&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Intangible asset amortization</td>
<td colspan="2">1.73&nbsp;</td>
<td>&nbsp;</td>
<td colspan="2">1.73&nbsp;</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Discrete tax items</td>
<td colspan="2">(0.03)</td>
<td>&nbsp;</td>
<td colspan="2">(0.03)</td>
<td>&nbsp;</td>
</tr>
<tr>
<td colspan="3">Adjusted diluted earnings per common share</td>
<td>$</td>
<td>17.40&nbsp;</td>
<td>&nbsp;</td>
<td>$</td>
<td>16.80&nbsp;</td>
<td>&nbsp;</td>
</tr>
</tbody>
</table>
</figure>

FactSet Research Systems Expects FY25 Revenue Of $2.285B-$2.305B Vs $2.301B Est, Adj EPS Of $16.80-$17.40 Vs $17.36 Est

Knowles Updates Q3 Guidance To Reflect Anticipated Sale Of CMM Business; Now Sees Revenues From Cont Ops Of $139M - $143M, Adj EPS From Cont Ops Of $0.24 - $0.28

Knowles is updating its&nbsp;third quarter&nbsp;2024&nbsp;guidance&nbsp;to reflect the anticipated sale of the CMM business. Operating results for the CMM segment will be reported as discontinued operations beginning in the&nbsp;third quarter&nbsp;of 2024.

Knowles  Expects Q4 Revenue From Continuing Operations To Be $140M -$150M

Earnings Beats

FactSet Research Systems Q4 2024 Adj. EPS $3.74 Beats $3.62 Estimate, Sales $562.187M Beat $546.813M Estimate

Mizuho analyst Nitin Kumar initiates coverage on Talos Energy (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TALO#NYSE">TALO</a>) with a Outperform rating and announces Price Target of $16.

Initiation

TALO

Mizuho Initiates Coverage On Talos Energy with Outperform Rating, Announces Price Target of $16

BRTX

BioRestorative Therapies Announced That Its Chief Scientist And Vice President Of Research And Development, Francisco Silva, Will Present At The Annual International Federation For Adipose Therapeutics And Science Conference

Press Releases

Enterra Corporation Provides Future Plan Update

ETER

Enterra

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Enterra

Enterra (ETER) Forecast

Enterra (OTC:ETER) Stock, Quote.Headers.trade-ideas