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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]
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]
HPQ Silicon Announces Non-Brokered Private Placement Offering of up to $3M
Globenewswire· 2026-02-23 21:12
Core Viewpoint - HPQ Silicon Inc. is conducting a non-brokered private placement to raise approximately $3 million CAD through the issuance of up to 18,181,819 units at a price of $0.165 CAD per unit, aimed at funding various projects and working capital [1][3]. Group 1: Offering Details - Each unit consists of one common share and one non-transferable common share purchase warrant, with the warrant exercisable at $0.25 CAD for 24 months from the closing date [2]. - The company may pay a cash commission of up to 6% of the gross proceeds and issue finder's warrants of up to 6% of the total number of units issued [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated for general working capital, accelerating the Silicon-Based Battery Material pilot plant project, and continuing the development of hydrogen-based projects [3]. Group 3: Regulatory and Compliance Information - The offering is being conducted under exemptions from the prospectus requirement and is not subject to resale restrictions unless sold to Canadian residents [4]. - The offering is not classified as a Related Party Transaction and is subject to final acceptance by the TSX Venture Exchange [4]. Group 4: Company Overview - HPQ Silicon Inc. is focused on advanced materials technology, particularly in the production of high-purity silicon and silica for energy storage and industrial applications [1][6]. - The company is developing next-generation silicon-based anode materials and is involved in clean-hydrogen and waste-to-energy technologies, holding exclusive North American rights [6][7]. - HPQ aims to become a low-cost, zero-CO₂ producer of fumed silica and high-purity silicon, supported by technical partnerships [7].
SI-BONE, Inc. Reports Record Financial Results for the Fourth Quarter 2025 and Issues 2026 Guidance
Globenewswire· 2026-02-23 21:09
Achieves 20% worldwide revenue growth and positive adjusted EBITDA for Fiscal Year 2025Generates free cash flow in the Fourth Quarter 2025 SANTA CLARA, Calif., Feb. 23, 2026 (GLOBE NEWSWIRE) -- SI-BONE, Inc. (Nasdaq: SIBN), the global leader in developing procedural solutions to address clinical challenges associated with compromised bone, today reported financial results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter 2025 Financial Highlights (all comparisons are to the prior ...