Crude Oil Rises More Than 1%; November Sees Decline in ISM Manufacturing PMI
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 01 2025
0mins
Should l Buy CNEY?
Source: Benzinga
U.S. Stock Market Performance: U.S. stocks declined, with the Dow Jones falling approximately 250 points, while the S&P 500 and NASDAQ also experienced losses. Energy shares rose by 1%, but utilities stocks dropped by 2.1%.
Manufacturing PMI Data: The ISM manufacturing PMI fell to 48.2 in November, marking the lowest reading in four months and missing market expectations, while the S&P Global manufacturing PMI was revised slightly higher to 52.2.
Notable Stock Movements: Q32 Bio Inc. shares surged 103% after a significant sale, while New Fortress Energy Inc. and KALA Bio, Inc. also saw substantial gains. Conversely, Sionna Therapeutics, Inc. and CN Energy Group Inc. experienced notable declines.
Global Market Trends: European shares mostly fell, with the eurozone's STOXX 600 down 0.20%, while Asian markets closed mixed, with Japan's Nikkei dropping 1.89% and Hong Kong's Hang Seng gaining 0.67%.
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Analyst Views on CNEY
About CNEY
CN Energy Group Inc is a China-based holding company mainly produces and supplies wood-based activated carbon. The Company also produces biomass electricity generated in the process of producing activated carbon and provides technical service. The Company's products are primarily used in pharmaceutical manufacturing, industrial manufacturing, water purification, environmental protection, as well as food and beverage production fields.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
CN Energy Soars 23% on Blessing Logistics Acquisition Agreement
- Stock Surge: CN Energy Group Inc. (CNEY) shares surged over 23% in Thursday's pre-market trading, reflecting strong market optimism regarding its potential acquisition of Blessing Logistics.
- Acquisition Agreement: CN Energy announced it has signed a framework agreement with Blessing Logistics, culminating in a definitive share purchase agreement to acquire approximately 82% of Blessing's equity interests, thereby strengthening its market position.
- Deal Value: The estimated value of the transaction is around $2 million, indicating CN Energy's proactive strategic positioning in expanding its business and market share.
- Strong Market Sentiment: Retail sentiment on Stocktwits for CN Energy is in the 'extremely bullish' territory, with message volumes at 'extremely high' levels, suggesting investor confidence in the company's future prospects.
See More
CN Energy Group Plans Acquisition of Blessing Logistics
- Acquisition Framework Agreement: CN Energy Group signed a framework agreement with Blessing Logistics on January 25, 2026, to acquire approximately 82% of its equity interests for an estimated total value of $2 million, indicating the company's strategic intent to expand into the energy sector.
- Transaction Conditions and Timeline: The agreement stipulates that the parties must reach a definitive share purchase agreement within 60 days, or either party may terminate the framework agreement, highlighting the urgency and uncertainty surrounding the deal.
- Background of Blessing Logistics: Founded in 2015, Blessing Logistics holds a Canadian crude oil export license and operates as a qualified trader within the China National Petroleum Corporation system, showcasing its potential to penetrate the North American market.
- Strategic Expansion Plans: If the transaction is completed, CN Energy plans to leverage Blessing Logistics as a platform to pursue energy trading and upstream investment opportunities, aiming to create long-term value for shareholders and further solidify its position in the energy market.
See More
CN Energy Group Plans Acquisition of Blessing Logistics
- Acquisition Framework Agreement: On January 25, 2026, CN Energy Group signed a framework agreement with Blessing Logistics to acquire approximately 82% of its equity, with an estimated transaction value of $2 million, indicating the company's strategic intent to expand into the energy sector.
- Transaction Conditions and Risks: The deal requires a definitive share purchase agreement to be reached within 60 days, with either party able to terminate the agreement if not completed, highlighting the uncertainty and potential risks involved in the transaction.
- Market Entry Opportunities: Blessing Logistics holds a Canadian crude oil export license and is a qualified trader within the CNPC system, and if the acquisition is completed, CNEY plans to leverage this platform to explore oil trading opportunities in the North American market.
- Strategic Expansion Goals: CNEY's interim CEO stated that if the transaction is successful, it would lay the foundation for the company's strategic expansion into the global energy market, aiming to create long-term shareholder value through energy trading and upstream investments.
See More
U.S. Stocks Rise as Durable Goods Orders Surge
- Durable Goods Orders Surge: U.S. durable goods orders rose 5.3% month-over-month in November, exceeding market expectations of 3.7%, indicating strong economic recovery that could boost future consumption and investment.
- Market Performance: The Nasdaq Composite gained over 150 points, closing at 23,682.70, reflecting investor confidence in tech stocks and further driving overall market gains.
- Stock Highlights: Battalion Oil Corp's shares skyrocketed 235% to $4.29 after switching gas processing partners and boosting production, demonstrating the positive impact of strategic adjustments.
- Market Volatility: CN Energy Group Inc's shares fell 43% to $0.46 after receiving a Nasdaq delisting notice, highlighting the financial pressures and declining market confidence faced by the company.
See More
U.S. Stocks Rise in Morning Trading, Dow Up Over 100 Points
- Strong Dow Performance: The Dow Jones index rose over 100 points on Monday, gaining 0.33% to reach 49,259.65, reflecting optimistic market sentiment regarding economic recovery.
- Steel Sector Earnings Miss: Steel Dynamics Inc. reported Q4 earnings of $1.82 per share, missing the $1.95 consensus estimate, with sales of $4.414 billion also falling short of the $4.575 billion forecast, indicating challenges within the industry.
- Oil and Gas Stocks Surge: Battalion Oil Corp. shares skyrocketed 379% to $6.13 after switching gas processing partners and boosting production, while Brand Engagement Network Inc. surged 196% to $48.79 following a strategic partnership announcement, highlighting strong investor interest.
- Economic Data Improvement: U.S. durable goods orders rose 5.3% month-over-month in November, exceeding the 3.7% market estimate, following a revised 2.1% decline in October, suggesting a gradual recovery in economic activity.
See More
CN Energy Faces Nasdaq Delisting Due to Multiple Reverse Splits
- Delisting Notice: CN Energy received a notice from Nasdaq determining to delist its shares for noncompliance with Listing Rule 5550(a)(2), highlighting serious compliance issues within the company.
- Impact of Reverse Splits: The company executed multiple reverse stock splits in the past three years, including a 1-for-30 split in January 2024 and a 1-for-25 split in May 2025, resulting in a cumulative 1-for-750 split that significantly reduced stock liquidity.
- Appeal Plan: On January 21, 2026, CN Energy submitted a hearing request to appeal Nasdaq's delisting decision and plans to present a plan seeking exceptions or other relief to address the compliance deficiencies identified by Nasdaq, demonstrating the company's commitment to regaining compliance.
- Stock Price Fluctuation: Despite the delisting risk, CN Energy's shares surged by 64.30% following the announcement, reflecting a certain level of market optimism regarding the company's future potential.
See More
CN Energy Soars 23% on Blessing Logistics Acquisition Agreement
- Stock Surge: CN Energy Group Inc. (CNEY) shares surged over 23% in Thursday's pre-market trading, reflecting strong market optimism regarding its potential acquisition of Blessing Logistics.
- Acquisition Agreement: CN Energy announced it has signed a framework agreement with Blessing Logistics, culminating in a definitive share purchase agreement to acquire approximately 82% of Blessing's equity interests, thereby strengthening its market position.
- Deal Value: The estimated value of the transaction is around $2 million, indicating CN Energy's proactive strategic positioning in expanding its business and market share.
- Strong Market Sentiment: Retail sentiment on Stocktwits for CN Energy is in the 'extremely bullish' territory, with message volumes at 'extremely high' levels, suggesting investor confidence in the company's future prospects.
See More
CN Energy Group Plans Acquisition of Blessing Logistics
- Acquisition Framework Agreement: CN Energy Group signed a framework agreement with Blessing Logistics on January 25, 2026, to acquire approximately 82% of its equity interests for an estimated total value of $2 million, indicating the company's strategic intent to expand into the energy sector.
- Transaction Conditions and Timeline: The agreement stipulates that the parties must reach a definitive share purchase agreement within 60 days, or either party may terminate the framework agreement, highlighting the urgency and uncertainty surrounding the deal.
- Background of Blessing Logistics: Founded in 2015, Blessing Logistics holds a Canadian crude oil export license and operates as a qualified trader within the China National Petroleum Corporation system, showcasing its potential to penetrate the North American market.
- Strategic Expansion Plans: If the transaction is completed, CN Energy plans to leverage Blessing Logistics as a platform to pursue energy trading and upstream investment opportunities, aiming to create long-term value for shareholders and further solidify its position in the energy market.
See More
CN Energy Group Plans Acquisition of Blessing Logistics
- Acquisition Framework Agreement: On January 25, 2026, CN Energy Group signed a framework agreement with Blessing Logistics to acquire approximately 82% of its equity, with an estimated transaction value of $2 million, indicating the company's strategic intent to expand into the energy sector.
- Transaction Conditions and Risks: The deal requires a definitive share purchase agreement to be reached within 60 days, with either party able to terminate the agreement if not completed, highlighting the uncertainty and potential risks involved in the transaction.
- Market Entry Opportunities: Blessing Logistics holds a Canadian crude oil export license and is a qualified trader within the CNPC system, and if the acquisition is completed, CNEY plans to leverage this platform to explore oil trading opportunities in the North American market.
- Strategic Expansion Goals: CNEY's interim CEO stated that if the transaction is successful, it would lay the foundation for the company's strategic expansion into the global energy market, aiming to create long-term shareholder value through energy trading and upstream investments.
See More
U.S. Stocks Rise as Durable Goods Orders Surge
- Durable Goods Orders Surge: U.S. durable goods orders rose 5.3% month-over-month in November, exceeding market expectations of 3.7%, indicating strong economic recovery that could boost future consumption and investment.
- Market Performance: The Nasdaq Composite gained over 150 points, closing at 23,682.70, reflecting investor confidence in tech stocks and further driving overall market gains.
- Stock Highlights: Battalion Oil Corp's shares skyrocketed 235% to $4.29 after switching gas processing partners and boosting production, demonstrating the positive impact of strategic adjustments.
- Market Volatility: CN Energy Group Inc's shares fell 43% to $0.46 after receiving a Nasdaq delisting notice, highlighting the financial pressures and declining market confidence faced by the company.
See More
U.S. Stocks Rise in Morning Trading, Dow Up Over 100 Points
- Strong Dow Performance: The Dow Jones index rose over 100 points on Monday, gaining 0.33% to reach 49,259.65, reflecting optimistic market sentiment regarding economic recovery.
- Steel Sector Earnings Miss: Steel Dynamics Inc. reported Q4 earnings of $1.82 per share, missing the $1.95 consensus estimate, with sales of $4.414 billion also falling short of the $4.575 billion forecast, indicating challenges within the industry.
- Oil and Gas Stocks Surge: Battalion Oil Corp. shares skyrocketed 379% to $6.13 after switching gas processing partners and boosting production, while Brand Engagement Network Inc. surged 196% to $48.79 following a strategic partnership announcement, highlighting strong investor interest.
- Economic Data Improvement: U.S. durable goods orders rose 5.3% month-over-month in November, exceeding the 3.7% market estimate, following a revised 2.1% decline in October, suggesting a gradual recovery in economic activity.
See More
CN Energy Faces Nasdaq Delisting Due to Multiple Reverse Splits
- Delisting Notice: CN Energy received a notice from Nasdaq determining to delist its shares for noncompliance with Listing Rule 5550(a)(2), highlighting serious compliance issues within the company.
- Impact of Reverse Splits: The company executed multiple reverse stock splits in the past three years, including a 1-for-30 split in January 2024 and a 1-for-25 split in May 2025, resulting in a cumulative 1-for-750 split that significantly reduced stock liquidity.
- Appeal Plan: On January 21, 2026, CN Energy submitted a hearing request to appeal Nasdaq's delisting decision and plans to present a plan seeking exceptions or other relief to address the compliance deficiencies identified by Nasdaq, demonstrating the company's commitment to regaining compliance.
- Stock Price Fluctuation: Despite the delisting risk, CN Energy's shares surged by 64.30% following the announcement, reflecting a certain level of market optimism regarding the company's future potential.
See More
