Kosmos Energy – Goldman Downgrade
Kosmos Energy analysis by MORAM Capital: Goldman Sachs downgrade, debt profile, DCF valuation, refinancing risk, independent equity research.
NewPrinces Stock: What Happened After FY25 Results? Can Carrefour Italia Turn Around the Story?
NewPrinces Updated Equity Research – Why Did the Stock Crash After FY25 Results? We Analyse Princes and Carrefour (FCF, Capex, Valuation, ...)
Fortress Infrastructure $FIP : Record EBITDA, but Debt Still Controls the Equity Story as Long Ridge Becomes Critical
Fortress Infrastructure 4Q25 results analysis: record EBITDA, rising interest, cash flow pressure, Long Ridge remains central to equity story
Corporación America $CAAP: Record FY25 Results, but the Stock Sells Off on Iran Risk
Corporación America reported record FY25 results, but the stock sold off on Iran-related risk. Updated Equity Reseach, FCF, $CAAP valuation..
New Fortress Energy operates floating LNG assets across the Caribbean and Latin America. Source: MORAM Capital.
New Fortress Energy – Restructuring Deep Dive
MORAM Capital breaks down New Fortress Energy UK Restructuring Plan: new capital structure, asset-by-asset EBITDA analysis, preferred equity dilution & valuation
NewPrinces has grown from a regional Italian food operator into a European agri-food giant with revenues exceeding €7bn and over €400M of EBITDA. Source: MORAM Capital.
NewPrinces – Comments Before FY25 Results
NewPrinces has grown from a regional Italian food operator into a European agri-food giant with revenues exceeding €7bn and over €400M of EBITDA. Source: MORAM Capital. NewPrinces — formerly Newlat Food — is one of the...
Golar LNG – A Key LNG Winner from the Iran-Hormuz Shock
Updated Golar LNG equity research on the Hormuz shock: detailed analysis of Gimi, Hilli and Mark II, FLNG growth pipeline, valuation, ...
Excelerate Energy operates the world's largest FSRU fleet, with 10 units plus a newbuild and a planned conversion. Source: MORAM Capital.
Excelerate Energy – Updated Iran War
MORAM Capital updates its Excelerate Energy analysis following record FY25 results and break out of the Iran War (Updating $EE target price)
Initial Equity Research: Sky Harbour Group SKYH
Moram Capital initiates coverage on Sky Harbour Group (NYSE: SKYH), the company building the first nationwide network of private hangar campuses for business aviation in the US. Full analysis: business model, unit economics, campus pipeline, debt structure, valuation and risks.
Venture Global
Initial Equity Research on Venture Global, a global LNG exporter. We analyze its asset base, contract structure and capital allocation to derive a normalized earnings profile and valuation.