Bank of New York Mellon Corp Purchases Shares of 208,339 New Era Energy & Digital Inc $NUAI

Key Points

• Bank of New York Mellon purchased 208,339 shares of New Era Energy & Digital, valued at approximately $1.33 million, giving it a 0.21% stake. Institutional investors collectively own 21.90% of the company.
• Analyst sentiment is mixed but leans positive: MarketBeat reports a consensus rating of “Moderate Buy” and an average price target of $10.67, compared with the stock’s opening price of $6.48.
• New Era Energy & Digital reported a quarterly loss of $0.21 per share, missing estimates by $0.12, on just $0.04 million in revenue. The company operates helium, oil, and natural-gas assets across approximately 137,000 acres in New Mexico.

Bank of New York Mellon Corp purchased a new position in shares of New Era Energy & Digital Inc (NASDAQ:NUAI - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 208,339 shares of the company's stock, valued at approximately $1,329,000. Bank of New York Mellon Corp owned 0.21% of New Era Energy & Digital as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of NUAI. First Trust Advisors LP grew its holdings in New Era Energy & Digital by 113.5% during the first quarter. First Trust Advisors LP now owns 1,614,504 shares of the company's stock worth $6,555,000 after acquiring an additional 858,329 shares during the period. UBS Group AG purchased a new position in New Era Energy & Digital in the fourth quarter valued at $3,584,000. Caitong International Asset Management Co. Ltd purchased a new position in New Era Energy & Digital in the fourth quarter valued at $264,000. State Street Corp acquired a new position in shares of New Era Energy & Digital in the fourth quarter worth about $555,000. Finally, Engineers Gate Manager LP acquired a new position in shares of New Era Energy & Digital in the fourth quarter worth about $411,000. Hedge funds and other institutional investors own 21.90% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on NUAI shares. B. Riley Financial initiated coverage on New Era Energy & Digital in a research report on Tuesday, July 7th. They set a "buy" rating and a $10.00 price target on the stock. New Street Research set a $10.00 price target on shares of New Era Energy & Digital in a report on Tuesday, July 7th. Wall Street Zen cut shares of New Era Energy & Digital from a "sell" rating to a "strong sell" rating in a research report on Saturday, August 1st. Weiss Ratings upgraded shares of New Era Energy & Digital from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Friday, August 14th. Finally, Northland Securities set a $12.00 price target on shares of New Era Energy & Digital in a research note on Tuesday, August 18th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $10.67.

New Era Energy & Digital Stock Performance

Shares of New Era Energy & Digital stock opened at $6.48 on Thursday. New Era Energy & Digital Inc has a one year low of $0.36 and a one year high of $9.44. The company has a market cap of $690.51 million, a price-to-earnings ratio of -6.61 and a beta of 1.24. The company has a debt-to-equity ratio of 0.11, a quick ratio of 14.21 and a current ratio of 14.21. The business's 50 day moving average price is $4.99 and its 200 day moving average price is $4.90.

New Era Energy & Digital (NASDAQ:NUAI - Get Free Report) last announced its quarterly earnings data on Friday, August 14th. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by ($0.12). New Era Energy & Digital had a negative net margin of 4,388.71% and a negative return on equity of 121.41%. The firm had revenue of $0.04 million during the quarter. On average, research analysts predict that New Era Energy & Digital Inc will post -0.5 EPS for the current year.

New Era Energy & Digital Profile

New Era Energy & Digital, Inc, operates as an exploration and production platform, engages in the exploration, development, and production of helium, oil and natural gas, and natural gas liquids in the United States. The company owns and operates a portfolio of approximately 137,000 acres in Southeast New Mexico. Its flagship Pecos Slope Field covering an area of 1893 square kilometers located 20 miles north of Roswell, New Mexico. It serves Tier 2 gas companies and balloon gas distributors. The company was formerly known as New Era Helium, Inc and changed its name to New Era Energy & Digital, Inc in August 2025.

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