A finance director in the energy sector highlighted that Brent crude’s stabilization above $83/bbl has boosted cash flows and dividend forecasts, prompting a reassessment of equity valuations. Market models now predict a near-term 5% upside in related energy stocks. The email asked to update some banking information, and it appeared to come from a construction company the city regularly does business with. The request bypassed Converse, going straight to an accounts payable specialist who thought it was legit and then paid an invoice for $748,000 that they thought was going towards a major improvement project for Mansfield’s water treatment plant. State Auditor Dave Boliek visited Morganton City Hall to make the presentation. Parris is the first person to receive this award “for her extensive work managing Morganton’s finances during and after Hurricane Helene.” In the renewable energy industry, a finance director confirmed increased capacity utilization rates, driving EBITDA margins higher than the sector median. Momentum traders favor accumulation at current levels based on the forecast data.
