The latest Market Talks covering Energy markets. Published exclusively on Dow Jones Newswires throughout the day.

0633 GMT - E.ON's first-quarter results came in slightly ahead of consensus estimates, RBC Capital Markets's Alexander Wheeler and Ziyad Jasimuddin say in a note. The German electric-utility company reported adjusted Ebitda of 3.25 billion euros compared with a Vara-compiled consensus estimate of 3.19 billion euros. Adjusted net profit came in at 1.34 billion euros, versus consensus at 1.28 billion euros. The group maintained its guidance for the year. "Typically, we see a strong performance in retail in 1Q and 1H overall, with higher costs coming through in 2H." Shares closed at 18.11 euros. (andrea.figueras@wsj.com)

0626 GMT - SIA Engineering's medium-term growth prospects remain solid, although its FY 2027 earnings could be moderately hit by the Iran war, CGS International analyst Raymond Yap says in a note. The war has raised diesel costs for the aircraft-services provider's heavy vehicles at airports. However, SIA Engineering highlighted that its base maintenance slot bookings from its airline customers have not been rescheduled, the analyst notes. The company also noted that airlines which usually use Middle East maintenance, repair and overhaul services have started talking to SIA Engineering about potential future business. CGS International lowers the stock's target price to S$3.80 from S$4.00 but maintains an add rating. Shares are 0.9% lower at S$3.25.(amanda.lee@wsj.com)

0545 GMT - The firm U.S. CPI print for April print showed broad-based inflation across the economy in both headline and core measures, with elevated oil prices and tariff pass-through impacts evident, IFM Investors' Ryan Weldon says in a note. The Federal Reserve will get one more inflation print ahead of their June meeting, but with the strong trend in the jobs data, the balance of risks will likely force them to hold rates, the investment director and portfolio manager says. "However, prolonged stubborn inflation would increase the need for policy rate hikes and add pressure on a market already navigating geopolitical uncertainty and volatility," he says. (emese.bartha@wsj.com)

0522 GMT - Regarding Iran, the narrative around the meeting between U.S. President Trump and Chinese leader Xi Jinping seems to be one where China is expected to pressure Iran to open the Strait of Hormuz in exchange for de-escalation from the U.S., Natixis Investment Managers' Jack Janasiewicz says in a note. "China has seemingly avoided involvement in the matter and is likely to retain this posture going forward," the portfolio manager says. "No need to drag themselves into this quagmire." Natixis IM doesn't see the meeting as much of a market-moving event. "Should there be some progress on easing technology restrictions, this could provide a catalyst for a further move higher in the semiconductor complex." (emese.bartha@wsj.com)

(END) Dow Jones Newswires

May 13, 2026 02:33 ET (06:33 GMT)

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