Emerson Electric

“transacting over the last two years directly with Chevron but sub million dollars a year.”

Emerson notes limited direct transactions with Chevron in Venezuela under sanctions, a read-through on Chevron's constrained Venezuelan operations.

“Emerson Electric Co.'s recently announced strategic collaboration with Prevalon Energy played an instrumental role in our selection for this project”

Emerson's collaboration with energy-storage firm Prevalon Energy helped win a large AI data-center behind-the-meter power project.

“Emerson Electric Co. was selected for Sempra Infrastructure's Port Arthur LNG Phase two project, which will add 13 million tonnes per annum in capacity to The U.S. Gulf Coast facility.”

Emerson won automation content for Sempra Infrastructure's Port Arthur LNG Phase 2, a read-through on Sempra's LNG expansion.

“we strengthened our leadership position in life sciences through a strategic collaboration with Roche, underscoring how Emerson Electric Co. software dramatically improves and shortens the technology transfer process.”

Emerson entered a strategic collaboration with Roche to deploy its DeltaV life-sciences software, a read-through on Roche's production-process modernization.

“Emerson is excited to announce its support to Bechtel Energy and Woodside Energy in the automation of the Woodside Louisiana LNG project.”

Woodside Energy's Louisiana LNG project is moving forward with Emerson automation, a positive read-through for Woodside's LNG development.

“Emerson is excited to announce its support to Bechtel Energy and Woodside Energy in the automation of the Woodside Louisiana LNG project.”

Emerson is a key automation partner to Bechtel Energy on the Woodside Louisiana LNG project, a positive read-through for Bechtel's LNG EPC activity.

“Ovation 4.0 has now been selected by Entergy to automate 3 more power generation facilities.”

Entergy selected Emerson's Ovation 4.0 control system for three additional power plants, a positive read-through for Entergy's generation buildout and Emerson's power backlog.

“For example, Ovation was selected by Entergy to automate power generation at 2 greenfield combined cycle power plants. Entergy today provides electricity to 3 million customers and is expanding in Texas and Mississippi with 2 754-megawatt generation facilities.”

Entergy selected Emerson's Ovation to automate two new greenfield combined-cycle plants in Texas and Mississippi, signaling Entergy generation-capacity expansion.

“The Ovation Virtual Adviser as part of Ovation 4.0, enables advanced power plant diagnostics using Microsoft Azure OpenAI to increase productivity and operational awareness.”

Emerson embeds Microsoft Azure OpenAI in its Ovation 4.0 power-generation control system, a read-through for Azure OpenAI adoption in industrial/OT software.

“First, we announced a strategic collaboration with TotalEnergies, a significant milestone in realizing Emerson's boundless automation vision with our new enterprise operations platform.”

Emerson is deploying its industrial data fabric and enterprise operations platform across TotalEnergies facilities under a nearly 30-year relationship, a read-through for continued large-scale digital/automation investment by TotalEnergies.

“We expect further recovery into the second half supported by earnings releases from the likes of TI, for example, that saw robust demand for their analog segment.”

Emerson cites Texas Instruments' robust analog-segment demand as a read-through supporting its own expectation of a semiconductor test and measurement recovery in the second half.

“I think Roche is talking about $50 billion in spend, Novartis $23 billion, J&J $55 billion, Eli Lilly $27 billion, I mean, these are like sort of semiconductor like numbers and you guys do have a very strong position in this market.”

Pharma majors including Eli Lilly are committing large sums to U.S. manufacturing reshoring; Emerson said the activity is real and it is well positioned and working closely with these customers on their capacity build-outs.