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PERMIAN BASIN ROYALTY TRUST ANNOUNCES JULY CASH DISTRIBUTION AND EXCESS COST POSITION ON WADDELL RANCH PROPERTIES
Prnewswire· 2025-07-21 12:00
Core Points - Argent Trust Company declared a cash distribution of $0.015311 per unit for the Permian Basin Royalty Trust, payable on August 14, 2025, to unit holders of record on July 31, 2025 [1] - The distribution increased from the previous month due to higher natural gas volumes and improved oil and natural gas pricing, despite lower oil volumes reported [2] - The Waddell Ranch properties did not contribute to this month's distribution due to production costs exceeding gross proceeds, and the operator, Blackbeard Operating, LLC, has not provided necessary information for calculating net profits interest [3][4] Texas Royalty Properties - Production from Texas Royalty Properties was 13,896 barrels of oil and 11,503 Mcf of gas, with the Trust's allocated portion being 12,190 barrels of oil and 10,109 Mcf of gas [5] - The average price for oil was $68.37 per barrel and for gas was $11.75 per Mcf, leading to revenues of $1,085,196 after deducting taxes and expenses of $136,087, resulting in a net profit of $949,109 for July [5][6] - The Trust's net profit interest of 95% from the Texas Royalty Properties contributed $901,654 to this month's distribution [5] Waddell Ranch Issues - The Trustee has filed a lawsuit against Blackbeard for over $9 million in damages due to alleged improper calculations and deductions related to royalties owed to the Trust [10][11] - Blackbeard has been providing production, pricing, and cost information quarterly instead of monthly, affecting the Trust's ability to report timely [4][8] - The trial date for the lawsuit is set for November 17, 2025, with ongoing discovery [10] Financial Summary - General and administrative expenses for the month were $188,020, resulting in a total distribution of $713,634 to 46,608,796 units outstanding [9] - The current market conditions continue to impact pricing for domestic production, making future distributions difficult to predict [9]
DIVIDEND ALERT: US$0.836 CASH DIVIDEND TO BE DISTRIBUTED ON JULY 25 TO ChipMOS ADS HOLDERS PRE-WITHHOLDING TAX AND FEES
Prnewswire· 2025-07-21 10:00
Core Viewpoint - ChipMOS TECHNOLOGIES INC. announced a cash dividend of US$0.836 per ADS, which will be distributed on July 25, 2025, after accounting for withholding tax and depositary fees, the net amount will be approximately US$0.640 per ADS [1]. Company Overview - ChipMOS TECHNOLOGIES INC. is a leading provider of outsourced semiconductor assembly and test services (OSAT) with advanced facilities located in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park [3]. - The company has a strong track record of excellence and innovation, providing end-to-end assembly and test services to fabless semiconductor companies, integrated device manufacturers, and independent semiconductor foundries across various end markets globally [3].
RECOMMENDED CASH AND SHARE COMBINATION OF DOWLAIS GROUP PLC WITH AMERICAN AXLE & MANUFACTURING HOLDINGS, INC.
Prnewswire· 2025-07-15 20:15
Core Viewpoint - American Axle & Manufacturing Holdings, Inc. (AAM) has received approval from its stockholders for the proposed acquisition of Dowlais Group plc, marking a significant step towards creating a leading global automotive supplier [1][4] Group 1: Transaction Details - AAM stockholders approved all proposals related to the acquisition of Dowlais, which is expected to close in the fourth quarter of 2025, pending Dowlais shareholder approval and other regulatory conditions [1][3] - The combined entity is projected to generate annual revenues of approximately $12 billion on a non-adjusted basis, enhancing AAM's geographic presence across various automotive segments, including internal combustion engines, hybrids, and electric powertrains [2] Group 2: Leadership and Strategic Vision - David C. Dauch, Chairman and CEO of AAM, will continue to lead the combined company, emphasizing the value creation opportunity and the ability to navigate industry shifts and volatility [4] - AAM plans to seek a secondary listing on the London Stock Exchange for its common stock, including new shares issued in connection with the acquisition [2]
Pathward Financial: Good Business, Attractive Valuation
Seeking Alpha· 2025-07-09 10:51
Pathward Financial (NASDAQ: CASH ) is a somewhat unique bank, with a large portion of its income coming from non-interest sources, creating a competitive distinction and higher ROE business for the company. Recent financials were good due to a good tax season andI am a value focused investor, conducting fundamental research on sectors like but not limited to chemicals, homebuilders, building materials, industrials and metals & mining. I prefer to invest in stocks which are cheaply available and have a catal ...
SABINE ROYALTY TRUST ANNOUNCES MONTHLY CASH DISTRIBUTION FOR JULY 2025
Prnewswire· 2025-07-03 12:00
Core Viewpoint - Argent Trust Company declared a cash distribution of $0.345930 per unit for the Sabine Royalty Trust, reflecting current oil and gas production and pricing trends [1][2]. Distribution Details - The cash distribution is payable on July 29, 2025, to unit holders of record on July 15, 2025 [1]. - The distribution amount is lower than the previous month due to decreased oil and natural gas production and a drop in oil prices [2]. Production and Pricing Data - Preliminary production volumes for April 2025 are approximately 42,748 barrels of oil and 940,600 Mcf of gas [2]. - Average prices for the current month are approximately $65.46 per barrel of oil and $3.24 per Mcf of gas, compared to the prior month’s prices of $67.59 per barrel and $3.22 per Mcf [3]. Revenue Posting and Timing - Revenues are distributed only after they are received, verified, and posted, with most energy companies issuing royalty payments around the 25th of each month [4]. - Approximately $505,000 of revenue received in June will be posted in July, in addition to normal cash receipts for that month [5].
Pathward Financial(CASH) - 2016 Q4 - Earnings Call Presentation
2025-06-23 15:44
Investor Update Fourth Quarter Fiscal Year 2016 April 2016 Forward Looking Statements Meta Financial Group, Inc.® (the "Company") and its wholly-owned subsidiary, MetaBank® (the "Bank"), may from time to time make written or oral "forward-looking statements," including statements contained in this Investor Update, the Company's filings with the Securities and Exchange Commission ("SEC"), the Company's reports to stockholders, and in other communications by the Company and the Bank, which are made in good fa ...
Pathward Financial(CASH) - 2017 Q4 - Earnings Call Presentation
2025-06-23 15:43
Financial Performance - Meta Financial Group achieved a GAAP net income of $44.9 million for fiscal year 2017, a 35% increase compared to fiscal year 2016[16] - The company's fourth quarter net interest income was $24.5 million, a 23% increase over Q4 FY 2016[12] - Non-interest income represented 65% of the company's total revenue for the fiscal year[16] - Card fee income increased by 49% in Q4 FY 2017, reaching $26.7 million[16] - Non-interest income grew 71% in FY 2017 compared to FY 2016[20] Balance Sheet and Loan Portfolio - Average assets for Q4 FY 2017 grew 25% compared to Q4 FY 2016, reaching $4.03 billion[13,48] - Total loans receivable increased 43% year-over-year[36] - Excluding purchased student loan portfolio, total loans receivable, net of allowance for loan losses, increased 30% over Q4 FY 2016, amounting to $274.6 million[14] - The company originated approximately $1.3 billion of refund advance loans for the 2017 tax season and anticipates originating over $1.0 billion during the 2018 tax season[10] Deposits and Cost of Funds - Average deposits for Q4 FY 2017 increased 37%, and average non-interest bearing deposits increased 14% compared to Q4 FY 2016[48] - Overall cost of funds for all deposits and borrowings averaged 0.50% during Q4 FY 2017, compared to 0.26% during Q4 FY 2016[17]
Pathward Financial(CASH) - 2018 Q4 - Earnings Call Presentation
2025-06-23 15:42
Quarterly Investor Update Fourth Quarter and Fiscal Year End 2018 Fourth Quarter & Fiscal Year End 2018 | NASDAQ: CASH Forward Looking Statements Meta Financial Group, Inc. ® (the "Company") and its wholly-owned subsidiary, MetaBank® (the "Bank"), may from time to time make written or oral "forward-looking statements," including statements contained in this investor update, the Company's filings with the Securities and Exchange Commission ("SEC"), the Company's reports to stockholders, and in other communic ...
Pathward Financial(CASH) - 2019 Q4 - Earnings Call Presentation
2025-06-23 15:42
Quarterly Investor Update Fourth Quarter & Fiscal Year End 2019 Forward-Looking Statements The Company and MetaBank may from time to time make written or oral "forward-looking statements," including statements contained in this investor update, the Company's filings with the Securities and Exchange Commission ("SEC"), the Company's reports to stockholders, and in other communications by the Company and MetaBank, which are made in good faith by the Company pursuant to the "safe harbor" provisions of the Priv ...
Pathward Financial(CASH) - 2020 Q4 - Earnings Call Presentation
2020-10-28 23:13
Q U A R T E R LY I N V E S T O R U P DAT E FO U R T H Q UA R T E R & F I S C A L Y E A R E N D 2 0 2 0 F O R WA R D- L O O K I N G S TAT E M E N T S 2 This investor update contains "forward-looking statements" which are made in good faith by the Company pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by words such as "may," "hope," "will," "should," "expect," "plan," "anticipate," "intend," "believe," "estimate," " ...