Financial Performance - Net sales for the three months ended February 28, 2025, were $687.4 million, a decrease of 14.7% compared to $805.8 million for the same period in 2024[20] - Gross margin for the nine months ended February 28, 2025, was $261.6 million, down from $308.8 million in the same period of 2024, reflecting a decrease of 15.3%[20] - Operating income for the three months ended February 28, 2025, was $18.3 million, a decline of 72.3% from $66.3 million in the prior year[20] - Net earnings attributable to controlling interest for the nine months ended February 28, 2025, were $55.0 million, compared to $101.5 million for the same period in 2024, representing a decrease of 45.8%[20] - Comprehensive income attributable to controlling interest for the nine months ended February 28, 2025, was $45.7 million, down from $97.3 million in the same period of 2024, a decrease of 53.0%[23] - Basic earnings per common share attributable to controlling interest for the three months ended February 28, 2025, was $0.28, down from $0.99 for the same period in 2024[100] - For the nine months ended February 28, 2025, net earnings attributable to controlling interest was $55.0 million, compared to $101.5 million for the same period in 2024[102] - Adjusted EBIT for Q3 fiscal 2025 was $25.3 million, down $41.6 million (61.9%) from $66.9 million in Q3 fiscal 2024[184] - Year-to-date net sales totaled $2,260.4 million, a decrease of $259.2 million (10.3%) from the prior year period[186] - Year-to-date operating income was $80.6 million, down $46.6 million (36.6%) from $127.2 million in the prior year[187] Assets and Liabilities - Total current assets decreased to $912.6 million as of February 28, 2025, from $1,001.8 million as of May 31, 2024, a decline of 8.9%[14] - Total liabilities decreased to $656.6 million as of February 28, 2025, from $748.9 million as of May 31, 2024, a reduction of 12.3%[17] - Cash and cash equivalents increased to $63.3 million as of February 28, 2025, compared to $40.2 million as of May 31, 2024, an increase of 57.7%[14] - The balance of accumulated other comprehensive income (loss) as of February 28, 2025, was $(15.4) million, compared to $(6.1) million at May 31, 2024[96] - The carrying value of the Credit Facility was $110.0 million as of February 28, 2025, down from $148.0 million at May 31, 2024[127] Cash Flow and Dividends - The company reported a net cash provided by operating activities of $176.4 million for the nine months ended February 28, 2025, compared to $163.9 million for the same period in 2024, an increase of 7.6%[26] - The company declared cash dividends of $0.16 per common share for the three months ended February 28, 2025, consistent with the same period in 2024[20] - The company declared a quarterly cash dividend of $0.16 per common share, payable on June 27, 2025, to shareholders of record as of June 13, 2025[159] - Net cash used in financing activities increased to $69.5 million from $57.0 million, driven by $23.9 million in dividends paid to shareholders[212] Operational Highlights - The automotive industry accounted for 52% of net sales for the three months ended February 28, 2025, with the Detroit Three Automakers representing 32% of total sales[52] - Total volume decreased by 11% compared to the prior quarter, with toll shipments down 15% and automotive shipments down 3% year-over-year[160] - North American vehicle production decreased by 9% in Q3 fiscal 2025 compared to Q3 fiscal 2024, while production from the Detroit Three Automakers fell by 15% in the same period[157] - The average price of hot-rolled steel was $702 per ton in Q3 fiscal 2025, down from $1,030 per ton in Q3 fiscal 2024, reflecting a significant price decline[168] Restructuring and Separation - The company plans to consolidate its Cleveland, Ohio toll processing manufacturing facility into its existing facility in Twinsburg, Ohio, with operations expected to be completed by the end of fiscal 2025[65] - Separation costs totaled $1.0 million for Q3 fiscal 2024 and $19.5 million for the nine months ended February 29, 2024[34] - No additional separation costs are expected following the finalization of the Separation on December 1, 2023[193] Investments and Acquisitions - Tempel entered into a Purchase Agreement to acquire approximately 52% of S.I.T.E.M. S.p.A. for approximately €51 million ($52.9 million) plus the contribution of its electrical steel facility in Germany[105][106] - The acquisition of Voestalpine Automotive Components Nagold was completed for net cash consideration of $21.0 million and the assumption of a $0.9 million pension liability[107] - The final purchase accounting for Voestalpine Nagold resulted in $12.6 million of property, plant and equipment and $8.2 million of net working capital, with $1.1 million recognized as goodwill[108] Debt and Financing - The company incurred $110.0 million in short-term borrowings under its revolving credit facility as of February 28, 2025, down from $148.0 million as of May 31, 2024[77] - The weighted average interest rate on outstanding interest-bearing debt under the credit facility was 5.91% as of February 28, 2025, compared to 6.92% as of May 31, 2024[84] - The company may seek additional capital through new debt or equity securities, but market conditions could impact the ability to obtain favorable terms[206] Tax and Regulatory - The Company's effective income tax rate was 26.7% for the third quarter of fiscal 2025, compared to 22.2% for the same period in fiscal 2024[98] - Income tax expense decreased to $12.6 million with an effective tax rate of 18.7%, down from 21.9% in the prior year, due to lower pre-tax earnings[199] Miscellaneous - The company recognized a pre-tax impairment charge of $1.3 million for an in-process research and development intangible asset deemed fully impaired during the third quarter of fiscal 2025[64] - The company has outstanding cash flow hedges with a notional amount of $13.3 million in commodity contracts and $6.1 million in foreign currency exchange contracts as of February 28, 2025[118]

Group 1 - Worthington Steel has experienced significant declines in its stock performance, attributed to broader economic concerns and ongoing fundamental weaknesses [1] - The company operates within the steel industry, which is currently facing challenges that have negatively impacted shareholder value [1] Group 2 - Crude Value Insights provides an investment service focused on oil and natural gas, emphasizing cash flow and companies with growth potential [1] - The service includes a stock model account, detailed cash flow analyses of exploration and production firms, and live discussions about the sector [2]

Financial Performance - Net sales for Q3 2025 were $687.4 million, a decrease of 15% from $805.8 million in Q3 2024[5] - Operating income fell to $18.3 million, down 73% from $66.3 million in the prior year quarter[5] - Net earnings attributable to controlling interest decreased to $13.8 million, compared to $49.0 million in Q3 2024[10] - Adjusted EBIT for Q3 2025 was $25.3 million, down from $66.9 million in Q3 2024[5] - Gross margin decreased by $38.9 million to $81.2 million, primarily due to lower direct spreads[8] - Net sales for the three months ended February 28, 2025, were $687.4 million, a decrease of 14.7% compared to $805.8 million for the same period in 2024[22] - Operating income for the three months ended February 28, 2025, was $18.3 million, significantly lower than $66.3 million for the same period in 2024, representing a decline of 72.4%[22] - Net earnings attributable to controlling interest for the nine months ended February 28, 2025, were $55.0 million, compared to $101.5 million for the same period in 2024, a decrease of 45.9%[22] - Adjusted EBITDA for the nine months ended February 28, 2025, was $128.1 million, a decline of 37.0% from $203.2 million for the same period in 2024[37] - Adjusted EBIT for the nine months ended February 28, 2025, was $79.0 million, compared to $154.0 million for the same period in 2024[49] Cash Flow and Assets - Cash and cash equivalents as of February 28, 2025, were $63.3 million, with net cash provided by operating activities at $53.8 million[12] - Free cash flow for Q3 2025 was $25.2 million, compared to $22.3 million in the prior year quarter[12] - Total current assets as of February 28, 2025, were $912.6 million, down from $1,001.8 million as of May 31, 2024, a reduction of 8.9%[25] - Cash and cash equivalents increased to $63.3 million as of February 28, 2025, compared to $40.2 million as of May 31, 2024, an increase of 57.7%[25] - The company reported a net cash provided by operating activities of $176.4 million for the nine months ended February 28, 2025, compared to $163.9 million for the same period in 2024, an increase of 7.6%[29] - Net cash provided by operating activities for Q3 2025 was $53.8 million, down from $68.0 million in Q2 2025[43] Dividends and Shareholder Returns - A quarterly dividend of $0.16 per share was declared, payable on June 27, 2025[5] - Cash dividends declared per share remained consistent at $0.16 for both the three months ended February 28, 2025, and February 29, 2024[22] Debt and Liabilities - Total liabilities decreased to $656.6 million as of February 28, 2025, from $748.9 million as of May 31, 2024, a decline of 12.3%[27] - Total debt as of February 28, 2025, was $112.2 million, with net debt calculated at $48.9 million after accounting for cash and cash equivalents of $63.3 million[44] - The company’s interest expense, net, for the nine months ended February 28, 2025, was $6.1 million, an increase from $3.6 million in the same period last year[37] - Interest expense for Q3 2025 was $1.4 million, compared to $2.1 million in Q2 2025[40] Operational Metrics - Direct tons sold decreased by 7% and toll tons sold decreased by 15% compared to the prior year quarter[7] - The volume of steel sold for the three months ended February 28, 2025, was 881,410 tons, down 10.6% from 985,668 tons in the same period last year[37] - The adjusted EBIT margin for the three months ended February 28, 2025, was 3.7%, compared to 8.3% for the same period in 2024[37] Impairments and Costs - The company incurred impairment of assets totaling $7.4 million for the nine months ended February 28, 2025, compared to $1.4 million for the same period in 2024[22] - The company experienced an impairment of assets of $7.4 million for the three months ended February 28, 2025, which was excluded from non-GAAP measures[35] - For the nine months ended February 28, 2025, the company incurred $19.5 million in separation costs, which are excluded from non-GAAP measures[34] Other Notable Events - The company is progressing on acquiring a controlling equity stake in Italy-based Sitem S.p.A., with regulatory approval received[5] - The company reported a pension settlement gain of $(2.7) million for the nine months ended February 28, 2025[49] - Net earnings attributable to controlling interest for Q3 2025 were $13.8 million, up from $12.8 million in Q2 2025, and $28.4 million in Q1 2025[40] - Adjusted EBITDA for Q3 2025 was $41.9 million, compared to $30.6 million in Q2 2025 and $55.6 million in Q1 2025[40] - Free cash flow for Q3 2025 was $25.2 million, a decrease from $33.2 million in Q2 2025 and $33.1 million in Q1 2025[43] - The trailing 12 months adjusted EBITDA as of February 28, 2025, was $214.6 million[40] - The company reported a GAAP net earnings per diluted share of $0.27 for the three months ended February 28, 2025, compared to $0.98 for the same period in 2024[35]

Financial Data and Key Metrics Changes - Adjusted EBITDA for Q3 2025 was $41.9 million, down from $82.8 million in the prior year quarter, reflecting a significant decline [8] - Earnings per share decreased to $0.27 from $0.98 year-over-year [8] - Net sales were $687 million, a decrease of $118 million or 15% from the prior year quarter, primarily due to lower direct volumes and pricing [36] - Adjusted EBIT fell to $25.3 million, down from $66.9 million in the prior year quarter [31] Business Line Data and Key Metrics Changes - Shipments to the automotive market decreased by 3% year-over-year, impacted by production cuts at a major OEM [10][37] - Construction market shipments decreased by 20% year-over-year, attributed to economic uncertainty and a prior year pivot to a construction-heavy mix [40] - Agriculture market demand remains soft due to interest rates and commodity prices, while the heavy truck market is expected to show GDP-type growth for the remainder of 2025 [14] Market Data and Key Metrics Changes - Automotive production in North America for 2024 was 15.4 million units, with a forecast of approximately 15.3 million units for 2025, indicating flat growth [11] - The hot-rolled coil pricing increased to approximately $950 per ton in March, up from a range of $650 to $700 per ton [35] - Estimated pretax inventory holding gains for Q4 2025 are projected to be between $20 million to $25 million, compared to losses in Q3 2025 [35] Company Strategy and Development Direction - The company is focused on investments in the electrical steel market, anticipating a 6% annual growth in power demand over the next 15 years [16] - Progress is being made towards acquiring a 52% stake in Sitem, a European electrical steel lamination manufacturer, which is expected to enhance the company's capabilities [17][18] - Capital investments in electrical steel capabilities in Canada and Mexico are ongoing, with production expected to begin in late 2025 and early 2026 respectively [20][21] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the North American automotive market for 2025, despite current uncertainties [10] - There is an expectation for the construction market to gain momentum in the second half of 2025, aided by interest rate cuts [13] - Overall, management believes that clarity will improve as the year progresses, leading to a more optimistic outlook for the second half of 2025 [27] Other Important Information - The company reported cash flow from operations of $54 million and free cash flow of $25 million for the quarter [44] - A quarterly dividend of $0.16 per share was announced, payable on June 27, 2025 [44] - The company ended the quarter with $63 million in cash and $112 million in outstanding debt, resulting in net debt of $49 million [44] Q&A Session Summary Question: Impact of tariff policy - Management anticipates minimal impact from tariff policies, emphasizing a localized strategy for steel procurement [48][49] Question: TWB charges and performance - Special charges related to TWB included a write-off of R&D and costs from a voluntary retirement program, impacting quarterly results [54][55] Question: Normalization of underlying EBITDA - Management indicated uncertainty in demand and market conditions, suggesting a cautious optimism for normalization by the end of the calendar year [60][61] Question: Serviacero performance - Serviacero faced similar demand compression as the U.S. market, with challenges from exchange rate movements and inventory holding losses [70][72] Question: Construction market share efforts - Management acknowledged a tough comparison with the previous year but indicated efforts to pursue more opportunities in the construction market [78][79] Question: New automotive customer awards - The company has gained share in the automotive market, with expectations for increased shipments and potential margin improvements in the coming months [82][84]

Financial Data and Key Metrics Changes - Adjusted EBITDA for the third quarter was $41.9 million, down from $82.8 million in the prior year quarter [5] - Earnings per share decreased to $0.27 from $0.98 in the same period last year, impacted by lower volumes and average selling prices [6] - Net sales were $687 million, a decrease of $118 million or 15% from the prior year quarter, primarily due to lower direct volumes and market pricing [24] Business Line Data and Key Metrics Changes - Shipments to the automotive market were down 3% year over year, with production cuts at a major OEM affecting results [25][27] - Construction market shipments decreased by 20% year over year, attributed to economic uncertainty and a prior year pivot to a construction-heavy mix [29] - Heavy truck market demand remained slow, but signs of improvement were noted, with expectations for GDP-type growth for the rest of 2025 [9] Market Data and Key Metrics Changes - The North American automotive market is forecasted to produce approximately 15.3 million units in 2025, showing flat builds year over year [7] - The construction market is expected to gain momentum in the second half of 2025, benefiting from anticipated interest rate cuts [8] - The agriculture market is expected to remain soft due to interest rates, commodity prices, and tariffs affecting farmers' purchasing decisions [9] Company Strategy and Development Direction - The company remains focused on investments in the electrical steel market, anticipating a 6% annual growth in power demand over the next 15 years [10] - Strategic capital expenditures and acquisitions are part of the growth strategy, with ongoing expansions in electrical steel capabilities in Canada and Mexico [12][13] - The company is exploring AI integration into its operating model to enhance efficiency and analytics [18] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the near term, with expectations for improved clarity in the second half of 2025 [18] - The company is closely monitoring macroeconomic conditions, including inflation and interest rates, which could impact demand [47] - Management noted that while there is uncertainty, they believe they are well-positioned for growth [19] Other Important Information - The company reported cash flow from operations of $54 million and free cash flow of $25 million for the quarter [31] - A quarterly dividend of $0.16 per share was announced, payable on June 27, 2025 [32] - The company is in the process of closing a transaction for a 52% ownership stake in a steel lamination manufacturer [11] Q&A Session Summary Question: Impact of tariff policy - Management anticipates very little impact on business from tariff policies, with localized strategies in place to mitigate risks [37][40] Question: TWB charges and performance - Special charges related to TWB included a write-off of R&D and early retirement program costs, impacting quarterly results [42][43] Question: Expectations for underlying EBITDA normalization - Management indicated that normalization of underlying EBITDA is uncertain and heavily driven by market demand and volume [46][47] Question: Performance of Servius Aero - Servius Aero faced demand compression similar to the U.S. market, with impacts from exchange rate movements and inventory holding losses [53][54] Question: Construction market share efforts - The company is actively pursuing more opportunities in the construction market to regain market share lost due to economic uncertainty [60] Question: New automotive customer awards - New automotive programs are expected to ramp up over the coming months, contributing positively to volume and margins [64][65]

Financial Data and Key Metrics Changes - Adjusted EBITDA for the third quarter was $41.9 million, down from $82.8 million in the prior year quarter [5] - Earnings per share decreased to $0.27 from $0.98 in the same period last year, impacted by lower volumes and average selling prices [6][21] - Net sales were $687 million, a decrease of $118 million or 15% from the prior year quarter, primarily due to lower direct volumes and market pricing [24] Business Line Data and Key Metrics Changes - Shipments to the automotive market were down 3% year over year, with production cuts at a major OEM affecting results [7][25] - Construction market shipments decreased by 20% year over year, attributed to economic uncertainty and a prior year pivot towards construction due to an automotive strike [29] - Heavy truck market demand remains slow, but signs of improvement are noted, with expectations for GDP-type growth for the remainder of 2025 [9] Market Data and Key Metrics Changes - The North American automotive market is forecasted to produce approximately 15.3 million units in 2025, showing flat builds year over year [7] - The construction market is expected to gain momentum in the second half of 2025, benefiting from anticipated interest rate cuts [8] - The agriculture market is expected to remain soft due to interest rates, commodity prices, and tariffs affecting purchasing decisions [9] Company Strategy and Development Direction - The company remains focused on investments in the electrical steel market, anticipating a 6% annual growth in power demand over the next 15 years [10][11] - Strategic capital expenditures and acquisitions are ongoing, with expansions in electrical steel capabilities in Canada and Mexico [13] - The company is pursuing a transformation strategy aimed at improving operational efficiency and reducing costs [14][15] Management's Comments on Operating Environment and Future Outlook - Management expresses cautious optimism about the near term, with expectations for improved clarity in the second half of 2025 [18] - The company is closely monitoring macroeconomic conditions, including inflation and interest rates, which could impact demand [47] - Management believes they are well-positioned for growth, with a strong focus on safety, quality, and customer service [19] Other Important Information - The company reported cash flow from operations of $54 million and free cash flow of $25 million for the quarter [31] - A quarterly dividend of $0.16 per share was announced, payable on June 27, 2025 [32] - The company is exploring AI integration into its operating model and expanding its advanced analytics portfolio [18] Q&A Session Summary Question: Impact of tariff policy - Management anticipates minimal impact on business from tariff policies, with localized strategies in place to mitigate risks [37][40] Question: TWB performance and charges - Special charges related to TWB included a write-off of R&D and early retirement program costs, impacting quarterly results [42][44] Question: Normalization of underlying EBITDA - Management indicates uncertainty in demand makes it difficult to predict when underlying EBITDA will normalize, but they are cautiously optimistic for the end of the calendar year [46][48] Question: Construction market share efforts - Management acknowledges a tough comparison in construction volumes but is actively pursuing opportunities to regain market share [61] Question: New automotive customer awards - The company has gained share in the automotive market, with expectations for increased volume and margin impact from new programs over the coming months [63][65]

Group 1: Earnings Performance - Worthington Steel, Inc. reported quarterly earnings of $0.35 per share, missing the Zacks Consensus Estimate of $0.67 per share, and down from $0.99 per share a year ago, representing an earnings surprise of -47.76% [1] - The company posted revenues of $687.4 million for the quarter ended February 2025, missing the Zacks Consensus Estimate by 6.09%, compared to year-ago revenues of $805.8 million [2] - Over the last four quarters, Worthington Steel has surpassed consensus EPS estimates two times and topped consensus revenue estimates three times [2] Group 2: Stock Performance and Outlook - Worthington Steel shares have lost about 18% since the beginning of the year, while the S&P 500 has declined by -4.5% [3] - The company's earnings outlook is crucial for investors, as it includes current consensus earnings expectations for upcoming quarters and any recent changes to these expectations [4] - The current consensus EPS estimate for the coming quarter is $0.94 on $776 million in revenues, and for the current fiscal year, it is $2.26 on $3.13 billion in revenues [7] Group 3: Industry Context - The Steel - Specialty industry, to which Worthington Steel belongs, is currently in the top 34% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number: 001-41830 WORTHINGTON STEEL, INC. (Exact name of registrant as specified in its charte ...

Financial Performance - Net sales for Q2 fiscal 2025 were $739.0 million, a decrease of 9% from $808.0 million in Q2 fiscal 2024[2] - Operating income increased to $18.9 million compared to an operating loss of $8.8 million in the prior year quarter[2] - Net earnings attributable to controlling interest were $12.8 million, or $0.25 per diluted share, compared to a net loss of $6.0 million, or $0.12 per diluted share, in the prior year[2] - Adjusted net earnings per diluted share attributable to controlling interest were $0.19, up from $0.11 in the prior year quarter[2] - Net earnings for the six months ended November 30, 2024, were $48.3 million, a decrease from $60.0 million in the same period last year, representing a decline of approximately 19.0%[11] - Net sales for the three months ended November 30, 2024, were $739.0 million, a decrease of 8.5% compared to $808.0 million for the same period in 2023[17] - For the three months ended November 30, 2024, net earnings attributable to controlling interest were $12.8 million, compared to a loss of $6.0 million in the prior year, marking a significant turnaround[25] - For the six months ended November 30, 2024, net sales were $1,573.0 million, down from $1,713.8 million in 2023, a decrease of 8.2%[28] Cash Flow and Liquidity - Cash and cash equivalents as of November 30, 2024, were $52.0 million, with net cash provided by operating activities at $68.0 million[4] - Free cash flow for Q2 fiscal 2025 was $33.2 million, down from $121.0 million in the prior year quarter[4] - Net cash provided by operating activities increased to $122.6 million, compared to $119.2 million for the same period last year, reflecting a growth of about 2.9%[11] - Cash and cash equivalents at the end of the period were $52.0 million, down from $214.4 million, reflecting a decrease of approximately 75.7%[11] - The company reported a net cash provided by financing activities of $(55.6) million, a decrease from $118.9 million in the same period last year[11] - Free cash flow for the six months ended November 30, 2024, was $33.2 million, consistent with $33.1 million in the prior year, demonstrating stable cash generation[29] Assets and Liabilities - Total current assets decreased to $857.4 million as of November 30, 2024, down from $1,001.8 million as of May 31, 2024[18] - Total liabilities decreased to $594.2 million as of November 30, 2024, compared to $748.9 million as of May 31, 2024, indicating a reduction of 20.7%[18] - Total assets decreased to $1,739.3 million as of November 30, 2024, down from $1,866.4 million as of May 31, 2024[18] - The company had no long-term debt borrowings as of November 30, 2024, indicating a strong balance sheet position[29] Operational Highlights - Gross margin increased by $19.8 million to $80.0 million, driven by higher direct spreads despite lower volume[3] - Gross margin for the three months ended November 30, 2024, was $80.0 million, representing a gross margin percentage of 10.8%, down from 7.4% in the prior year[17] - Operating income for the six months ended November 30, 2024, was $62.3 million, compared to $60.9 million for the same period in 2023, reflecting a year-over-year increase of 2.3%[17] - Adjusted EBITDA for the three months ended November 30, 2024, increased to $30.6 million, up from $23.0 million in the same period of 2023, reflecting a growth of 33.0%[25] - The adjusted EBITDA margin for the six months ended November 30, 2024, was 5.5%, compared to 7.0% in the prior year, indicating a decrease in profitability[28] - The company reported a pension settlement gain of $2.7 million for the six months ended November 30, 2024, which positively impacted earnings[28] Strategic Initiatives - The company executed a definitive agreement to acquire a controlling equity stake in Italy-based Sitem S.p.A., enhancing its product offerings in electric motor laminations[2] - The company is focusing on future growth opportunities following its separation from Worthington Enterprises, Inc., with expectations for improved operational performance[16] - The company anticipates potential benefits from transformation and innovation efforts, aiming to enhance competitive positioning and market share[16] - Forward-looking statements indicate expectations for future cash positions and operational performance, with a focus on maintaining margins and improving profitability[16] Dividends - The company declared a quarterly dividend of $0.16 per share, payable on March 28, 2025[4] - The company declared cash dividends of $0.16 per share for the three months ended November 30, 2024[17]

One thing about the market that makes it a double-edged sword is the fact that volatility can change the picture of your returns on a dime. A great example of this can be seen by looking at myCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat ...