Core Insights - Kingman Minerals Ltd. has completed a project-scale 3D magnetic vector inversion (MVI) model and engaged Altar Drilling Inc. for a Phase III diamond drill program at its Mohave Project in Arizona [1][6]. Magnetic Vector Inversion Model - The 3D MVI model was developed using high-resolution drone-based airborne magnetic survey data collected in December 2025 [2]. - Fathom Geophysics LLC processed the magnetic data, which included various filtering and inversion steps to interpret structural features [3]. - The model outlines northwest-trending magnetic lineaments that align with mapped vein structures and historic workings at the Rosebud Mine [4][5]. Phase III Drill Program - The Phase III program consists of seven HQ-diameter diamond drill holes totaling approximately 815 meters (2,673 feet) [7]. - The drilling aims to test the southeastern and northwestern extensions of the Southwick vein corridor adjacent to the historic Rosebud Mine [7]. - Mobilization for drilling is expected to begin around February 25, pending final water-use authorization from the Arizona Department of Water Resources [8]. Company Overview - Kingman Minerals Ltd. is focused on precious metals exploration and development in North America, with its flagship project being the historic Rosebud Mine in Arizona [11]. - The Rosebud Mine has a history of high-grade gold and silver production dating back to the 1880s, with significant underground development completed in the late 1920s and 1930s [11].

The share price of Kodiak Gas Services, Inc. (NYSE:KGS) surged by 23.21% between February 2 and February 9, 2026, putting it among the Energy Stocks that Gained the Most This Week. Kodiak Gas Services (KGS) Agrees to Acquire Distributed Power Solutions Kodiak Gas Services, Inc. (NYSE:KGS) is a leading provider of natural gas contract compression services in the United States, delivering efficiency and reliability across major basins. Kodiak Gas Services, Inc. (NYSE:KGS) shot up on February 5 after the c ...

Kodiak Gas Services (KGS) shares soared 11.6% in the last trading session to close at $47.31. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 18% gain over the past four weeks.The surge follows Kodiak Gas’s announcement of its $690 million acquisition of Distributed Power Solutions (DPS). DPS provides highly reliable distributed power solutions across a diverse set of customers and end markets. The deal marks a strategic expansio ...

Core Viewpoint - Kodiak Gas Services is acquiring Distributed Power Solutions (DPS) for $675 million, aiming to expand into distributed power generation and address the growing demand for behind-the-meter power solutions, particularly from data centers [3][4][6]. Acquisition Details - The acquisition will add a fleet of 384 MW of distributed power equipment, including turbines and reciprocating engines, enhancing Kodiak's flexibility across various applications [1][6]. - The total cost of the transaction, including estimated fees and expenses, is approximately $690 million, with a valuation of about 7.4 times DPS's expected 2026 adjusted EBITDA [3][5]. Strategic Rationale - Kodiak's management views DPS as an ideal asset base for entering the distributed power market, which has been under study for some time [2][4]. - The acquisition is expected to be accretive to both discretionary cash flow and earnings, while allowing Kodiak to maintain its commitment to shareholder returns [2][6]. Market Context - The U.S. power market is at an inflection point, with electricity demand for data centers expected to double by 2035, accounting for over 50% of U.S. power demand growth during that period [9][11]. - Grid interconnection delays are pushing large power consumers toward on-site generation, with estimates indicating that over 40% of data centers expected to be online by 2035 will not connect to the grid [10][11]. Customer Exposure - Approximately two-thirds of DPS's active fleet is currently contracted to data centers, with a multi-year agreement in place for primary power to a large data center operator in Virginia, achieving 99.9% reliability [8][6]. - Kodiak is also involved in behind-the-meter microgrid projects, indicating a growing pipeline of additional data center opportunities [8][6]. Financing and Capital Allocation - Kodiak plans to finance the acquisition with approximately $590 million drawn from its ABL facility and $100 million in stock, equating to about 2.4 million shares [5][19]. - The company aims to honor its balance sheet while maintaining a disciplined capital approach, with expectations for organic investment returns in power and compression to outweigh share repurchases [16][14].

Core Viewpoint - Kodiak has announced its agreement to acquire Distributed Power Solutions, indicating a strategic move to enhance its capabilities in the energy sector [2]. Group 1: Acquisition Details - The acquisition of Distributed Power Solutions is expected to strengthen Kodiak's position in the market [2]. - A press release and presentation regarding the acquisition have been made available on Kodiak's Investor Relations website [2]. Group 2: Forward-Looking Statements - Management has indicated that the comments made during the call may contain forward-looking statements, reflecting current views and assumptions based on available information [2]. - There are various risks and uncertainties that could lead to actual results differing from the forward-looking statements made by management [3].

Kodiak Gas Services (NYSE:KGS) M&A announcement February 05, 2026 09:00 AM ET Company ParticipantsDoug Irwin - VP, Equity ResearchEli Jossen - VP, Equity ResearchGraham Sones - Head of Investor RelationsJohn Griggs - CFOJohn Mackay - VP, Equity ResearchMickey McKee - President and CEOSteven Green - Chief Commercial OfficerConference Call ParticipantsJim Rollyson - Director and Equity Research AnalystNeal Dingmann - Energy AnalystOperatorGood morning, and welcome to Kodiak Gas Services conference call to dis ...

Powering Our Critical Energy Future February 5, 2026 Disclaimer Cautionary Note Regarding Forward-Looking Statements. This presentation contains "forward-looking statements" and information based on the current beliefs of Kodiak Gas Services, Inc. (the "Company"). Forward- looking statements in this communication are identifiable by the use of the following words, the negative of such words, and other similar words: "anticipates," "assumes," "believes," "could," "estimates," "expects," "forecasts," "goal," ...

Core Viewpoint - Kingman Minerals Ltd. has received approval from the U.S. Bureau of Land Management to proceed with exploratory drilling at its Mohave Project in Arizona, which is expected to enhance the understanding of the Southwick vein system and guide future exploration efforts [1][3]. Group 1: Project Details - The approved Phase III drill program consists of seven HQ diamond drill holes totaling approximately 814.7 meters (2,673 feet), with six holes from three pads stepping out to the southeast and one hole directed to the northwest [2]. - The drilling aims to assess the continuity of the Southwick vein system beyond the historic Rosebud mine workings, generating decision-grade information for subsequent exploration [3]. Group 2: Company Background - Kingman Minerals Ltd. is a publicly traded exploration and development company focused on precious metals in North America, with its flagship project being the fully owned historic Rosebud Mine located in Mohave County, Arizona [4]. - The Rosebud Mine has a history of high-grade gold and silver discoveries dating back to the 1880s, with significant mining activity occurring in the late 1920s and 1930s, including a 400-foot main shaft and approximately 2,500 feet of underground development [4].

Core Viewpoint - Kingman Minerals Ltd. has announced the completion of a high-resolution drone-based magnetic survey and has filed a Bureau of Land Management Notice of Intent to conduct exploration for a Phase III drill program at its Mohave Project in Arizona [1][5]. Group 1: Survey and Technical Work - The company completed a high-resolution drone magnetic survey covering approximately 305 line-kilometres with 30-metre line spacing at about 25 metres above ground level [3]. - The survey utilized a high-sensitivity potassium magnetometer and included data correction for diurnal variation, producing standard magnetic products such as Total Magnetic Intensity (TMI) and Reduced-to-Pole (RTP) [3]. - The immediate goal of the magnetic survey was to confirm drill locations for permitting, with depth-to-source estimates indicating that magnetic features deepen rapidly to the northwest [4]. Group 2: Drilling Plans - The proposed Phase III drill program aims to test the Southwick vein corridor extensions southeast of the Rosebud Mine area within the Mohave Project [7]. - The company intends to mobilize and commence drilling promptly once the BLM application is approved [5][7]. Group 3: Future Processing and Analysis - The magnetic dataset will undergo further processing, including three-dimensional Magnetic Vector Inversion (MVI) modeling to refine interpretations of structural geometry at depth [4]. - Results from the magnetic survey will be integrated with historical mapping and geochemical sampling, with updates to be provided as processing and interpretation are completed [4].

Group 1 - Riverwater Partners' "Small Cap Strategy" underperformed the Russell 2000 Index in Q4 2025 and for the entire fiscal year 2025, primarily due to stock selection issues [1] - The strategy's focus on high-quality stocks did not align with broader market trends, but the firm anticipates a more favorable environment for high-quality businesses in 2026 [1] - The top five holdings of the strategy are highlighted as the best picks for 2025 [1] Group 2 - Kodiak Gas Services, Inc. (NYSE:KGS) was noted as a new purchase in the fourth quarter of 2025, operating as a contract compression infrastructure company in the oil and gas sector [2][3] - Kodiak Gas Services, Inc. shares traded between $29.25 and $50.43 over the past 52 weeks, closing at $39.91 on January 22, 2026, with a one-month return of 9.79% and a three-month gain of 11.45% [2] - The company has a market capitalization of $3.42 billion and is recognized for its innovation, training programs, and disciplined capital allocation in a consolidated industry with few competitors [3]