Palomar Holdings, Inc. Announces Participation in the 47th Annual Raymond James Institutional Investors Conference
Globenewswire· 2026-02-23 21:15
Core Insights - Palomar Holdings, Inc. will host a fireside chat at the 47th Annual Raymond James Institutional Investors Conference on March 2, 2026, at 2:15 pm ET, featuring CEO Mac Armstrong and CFO Chris Uchida [1] - Management will also be available for one-on-one and small group meetings with investors during the conference [1] Company Overview - Palomar Holdings, Inc. is the holding company for several subsidiaries, including Palomar Specialty Insurance Company, Palomar Specialty Reinsurance Company Bermuda Ltd., and others, providing a range of insurance services [3] - The company specializes in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop [3] - Palomar's insurance subsidiaries have received strong financial strength ratings, with PSIC, PSRE, PESIC, and FIA rated "A" (Excellent) and PCSC rated "A-" (Excellent) by A.M. Best [3]
ONEOK Announces Higher Full-Year 2025 Earnings: Net Income up 11%, Adjusted EBITDA up 18%
Globenewswire· 2026-02-23 21:15
Core Insights - ONEOK reported a strong performance in 2025 with double-digit earnings growth driven by increased volumes and synergies from acquisitions [2][4][15] - The company provided financial guidance for 2026, projecting continued growth in net income and adjusted EBITDA across various segments [18][19] Financial Performance - Fourth-quarter 2025 net income was $978 million, with a diluted earnings per share of $1.55, while full-year net income reached $3.39 billion, resulting in $5.42 per diluted share [5][8] - Adjusted EBITDA for 2025 was $8.02 billion, an 18% increase from 2024, with significant contributions from the Rocky Mountain region [4][15] - The company achieved $475 million in cumulative acquisition-related synergies by the end of 2025 [12] 2026 Financial Guidance - ONEOK's 2026 guidance includes a net income range of $3.19 billion to $3.71 billion and adjusted EBITDA between $7.9 billion and $8.3 billion [16][18] - Capital expenditures for 2026 are expected to be between $2.7 billion and $3.2 billion, focusing on key projects such as the Medford fractionator rebuild and natural gas processing projects in the Permian Basin [21][22] Segment Performance - The Natural Gas Liquids segment reported adjusted EBITDA of $2.779 billion for 2025, reflecting increased optimization and marketing earnings [24] - The Refined Products and Crude segment achieved adjusted EBITDA of $2.177 billion, benefiting from higher demand and capital expenditures [25] - The Natural Gas Gathering and Processing segment saw adjusted EBITDA of $2.138 billion, driven by higher volumes in the Rocky Mountain and Gulf Coast regions [26] Operational Highlights - Approximately 90% of ONEOK's earnings in 2025 were fee-based, providing stability amid market fluctuations [14][23] - The company repurchased $62 million of common stock and extinguished nearly $3.1 billion of long-term debt in 2025 [14][15]
Martin Marietta Completes Asset Exchange with Quikrete Holdings, Inc.
Globenewswire· 2026-02-23 21:15
RALEIGH, N.C., Feb. 23, 2026 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (Martin Marietta or the Company) today announced the completion of its previously announced asset exchange with Quikrete Holdings, Inc. (QUIKRETE) on February 23, 2026. Under the terms of the transaction, Martin Marietta acquired aggregates operations producing approximately 20 million tons annually in Virginia, Missouri, Kansas and Vancouver, British Columbia, along with $450 million in cash. In exchange, QUIKRETE ...
FreightCar America, Inc. To Release Fourth Quarter and Full Year 2025 Results On March 9, 2026
Globenewswire· 2026-02-23 21:15
Core Viewpoint - FreightCar America, Inc. is set to release its fourth quarter and full year 2025 financial results on March 9, 2026, after market close, followed by a teleconference on March 10, 2026, to discuss these results [1]. Group 1 - The teleconference will be listen-only, and participants will not be able to engage in the Q&A portion [1]. - Interested parties are encouraged to join the call 10 to 15 minutes prior to the start time [1]. - An audio replay of the conference call will be available from March 10, 2026, at 3:00 p.m. Eastern Time until March 24, 2026, at 11:59 p.m. Eastern Time [2]. Group 2 - FreightCar America is a leading designer, producer, and supplier of railroad freight cars, railcar parts, and components [3]. - The company also specializes in railcar repairs, complete railcar rebody services, and railcar conversions [3]. - Established in 1901, FreightCar America has been a trusted provider of quality railcars essential for economic growth and the North American supply chain [3].
Silo Pharma Announces Share Buyback Program
Globenewswire· 2026-02-23 21:15
Sarasota, FL, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Silo Pharma, Inc. (Nasdaq: SILO) (“the Company”), a developmental stage biopharmaceutical company focused on merging traditional therapeutics with psychedelic research, today announced that its board of directors has authorized a share repurchase program to acquire up to $1million of the Company's common stock. The Company may purchase common stock on the open market, through privately negotiated transactions, or otherwise, in compliance with the rules of the ...
AVITA Medical to participate at the TD Cowen 46th Annual Health Care Conference
Globenewswire· 2026-02-23 21:15
VALENCIA, Calif., Feb. 23, 2026 (GLOBE NEWSWIRE) -- AVITA Medical®, Inc. (ASX: AVH, NASDAQ: RCEL), a leading therapeutic acute wound care company delivering transformative solutions, today announced Cary Vance, Interim CEO, and David O’Toole, CFO, will be participating in the upcoming TD Cowen 46th Annual Health Care Conference in Boston, MA. AVITA Medical management is scheduled to participate in a presentation and fireside chat on Wednesday, March 4, at 8:10 a.m. Pacific Time / 11:10 a.m. Eastern Time. A ...
DHT Holdings, Inc. secures one-year time charter for DHT Redwood
Globenewswire· 2026-02-23 21:15
HAMILTON, BERMUDA, February 23, 2026 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced it has entered into a one-year time charter agreement at $105,000 per day for the VLCC DHT Redwood, built in 2011. The contract is expected to commence in March 2026 and has been concluded with a global energy company. About DHT Holdings, Inc.DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our ...
Abundia Global Impact Group Announces Closing of $20 Million Registered Direct Offering of Common Stock
Globenewswire· 2026-02-23 21:15
HOUSTON, TX, Feb. 23, 2026 (GLOBE NEWSWIRE) -- Abundia Global Impact Group, Inc. (NYSE: AGIG) ("Abundia" or the "Company"), a low-carbon energy solutions company focused on converting biomass and plastics waste into high-value low-carbon fuels, today announced the closing of its registered direct offering pursuant to a securities purchase agreement with a new fundamental institutional investor for the purchase and sale of 5,934,718 shares of common stock (or pre-funded warrants in lieu thereof) in a registe ...
FinWise Bancorp Announces Agreement with Albert Corporation to Offer Millions of Americans Transparent, Affordable and Convenient Short-term Personal Loans
Globenewswire· 2026-02-23 21:15
Core Insights - FinWise Bancorp has entered into a strategic program agreement with fintech company Albert to provide customers with short-term lines of credit, enhancing financial accessibility and transparency [1][2][3] Company Overview - FinWise Bancorp is the parent company of FinWise Bank, focusing on banking and payments solutions for fintech brands, leveraging a scalable API-driven infrastructure [4] - Albert is a financial technology company that offers a suite of financial management tools, including personal financial assistance, checking and savings accounts, loans, and investment accounts [4] Partnership Details - The partnership aims to combine FinWise's banking capabilities with Albert's financial technology to deliver innovative financial products that benefit consumers [3] - Both companies share a vision of transforming the banking experience and improving financial decision-making for consumers [3] Strategic Goals - The collaboration is expected to enhance Albert's growth opportunities by providing regulatory expertise and a multi-product platform that includes lending, deposits, and payments [3][4] - FinWise's existing Strategic Program Lending business will support the partnership by addressing challenges in funding diversification and capital efficiency for fintech brands [4]
Mueller Water Products to Participate in the Gabelli 36th Annual Pump, Valve and Water Systems Symposium
Globenewswire· 2026-02-23 21:13
Core Insights - Mueller Water Products, Inc. will participate in the Gabelli 36 Annual Pump, Valve and Water Systems Symposium in New York on February 26, 2026, with a fireside chat scheduled for 10:30 a.m. local time [1] Company Overview - Mueller Water Products, Inc. is a leading manufacturer and marketer of products and solutions for the transmission, distribution, and measurement of water in North America [3] - The company's product portfolio includes engineered valves, fire hydrants, pipe connection and repair products, metering products, leak detection, pipe condition assessment, pressure management products, and software for critical water system data [3] - The company aims to help municipalities enhance operational efficiencies, improve customer service, and prioritize capital spending, positioning itself as a key player in the water infrastructure sector [3]