Statkraft to sell Enerfín Colombia to Ecopetrol
GlobeNewswire News Room· 2025-05-21 06:00
Statkraft has signed an agreement to sell Enerfín Colombia, its renewables portfolio in Colombia, to the country’s national oil company Ecopetrol. Enerfín Colombia was established in 2016 and is based in Bogotá. The transaction includes staff, eight projects under development, and the 130 MW Portón del Sol solar plant. This plant entered into operation over a year ago and was the first utility-scale solar plant in Colombia. The sale is expected to be completed during the third quarter of 2025, subject to r ...
NICE: Moat, Profitability, Cash, Growth, And Value
Seeking Alpha· 2025-05-21 05:41
I wrote about NICE Ltd. (NASDAQ: NICE ) ( OTCPK:NCSYF ), with their CCaaS (Contact Center as a Service) and FCC (Financial Crime and Compliance) software, at the beginning of February. I found it a compelling case, with the stock Analyst's Disclosure: I/we have a beneficial long position in the shares of NICE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I h ...
Lam Research: This Might Be The Last Chance To Buy This Cheap
Seeking Alpha· 2025-05-21 05:26
Today, I want to take a look at a company that I hold in my personal portfolio, Lam Research (NASDAQ: LRCX ). I have covered Lam about two months ago, giving it a BUY rating, and since then, it is upI am a value dividend investor with an eye for heavy long term compounding. Whenever I see a company that is heavily undervalued with large upside, I always jump in to take my share of the riches. I have been investing since I can remember, specialising in long term growth dividend companies, so that one day I w ...
Flex LNG - First Quarter 2025 Earnings Release
Prnewswire· 2025-05-21 05:26
Core Insights - Flex LNG reported solid financial results for Q1 2025, with revenues of $88.4 million and net income of $18.7 million, translating to earnings per share (EPS) of $0.35 [1][4] - Revenue decreased by $3 million compared to Q4 2024, primarily due to lower earnings from Flex Artemis and the redelivery of Flex Constellation [1][4] - The company has secured a total minimum firm backlog of 59 years, with potential expansion to 88 years through charterers' extension options, providing strong earnings visibility [3] Financial Performance - Vessel operating revenues for Q1 2025 were $88.4 million, down from $90.9 million in Q4 2024 [4] - Net income for Q1 2025 was $18.7 million, compared to $45.2 million in Q4 2024 [4] - Adjusted EBITDA for Q1 2025 was $65.6 million, down from $68.7 million in Q4 2024 [4] Vessel Operations - Flex Constellation was redelivered in March 2025 and is expected to remain in the spot market until a 15-year time charter begins in H1 2026 [1][4] - Flex Artemis will be redelivered in Q3 2025 after a 5-year time charter and will undergo drydocking [2][4] Financing and Refinancing - The company received a credit-approved term sheet for a $175 million sale and leaseback for Flex Courageous [5] - Refinancing processes for Flex Resolute and Flex Constellation have been initiated to improve liquidity and reduce debt costs [5] ESG and Shareholder Actions - The company published its 2024 ESG report, highlighting a Lost Time Injury Frequency (LTIF) of zero [7] - A quarterly dividend of $0.75 per share was declared, amounting to approximately $41 million, with trailing twelve months dividends totaling $3.0 per share [8]
Why Lam Research Could Outperform The Market For The Next Decade+
Seeking Alpha· 2025-05-21 05:12
Core Insights - Lam Research Corporation (NASDAQ: LRCX) is identified as a leading firm in the semiconductor equipment manufacturing sector [1] Company Overview - The article focuses on Lam Research Corporation, highlighting its significant role in the semiconductor equipment market [1] Investment Focus - PropNotes aims to identify high-yield investment opportunities for individual investors, emphasizing the importance of expert research in making informed market decisions [2]
Flex LNG - First Quarter 2025 Presentation
Prnewswire· 2025-05-21 05:11
Core Points - Flex LNG Ltd. is set to present its first quarter 2025 results in a live video webcast on May 21, 2025, at 15:00 CEST (09:00 a.m. EST) [1] - A Q&A session will follow the webcast, with instructions for submitting questions provided at the beginning of the session [1] Access Information - The first quarter 2025 presentation can be accessed on Flex LNG's official website [2] - Contact information for further inquiries includes Mr. Knut Traaholt, Chief Financial Officer, with a provided telephone number and email address [2] - The presentation file is available for download through a specified link [2]
Flex LNG - Key information relating to the cash distribution for the first quarter 2025
Prnewswire· 2025-05-21 05:10
Company Information - Flex LNG Ltd. is a shipping company focused on the growing market for Liquefied Natural Gas (LNG) [4] - The company operates a fleet of thirteen state-of-the-art LNG carriers equipped with the latest generation two-stroke propulsion systems, which enhance fuel efficiency and reduce carbon footprint compared to older vessels [4] Cash Distribution Details - For the first quarter of 2025, Flex LNG will distribute $0.75 per share to shareholders [3] - The distribution will be made from the Company's Contributed Surplus Account [1] - The payment dates differ for NYSE and OSE shareholders: - NYSE: Payment date is June 20, 2025 [3] - OSE: Payment date is June 25, 2025 [3] - The last day including right for NYSE shareholders is June 5, 2025, and for OSE shareholders, it is June 4, 2025 [3] Settlement Cycle Changes - Starting May 28, 2024, the standard settlement cycle for transactions on the NYSE will change from T+2 to T+1, while the Oslo Stock Exchange will continue with T+2 [2] - This change may affect the timing of share movements between the two exchanges during the interim period [2]
Rayonier: A Buy On Potential Tariff Tailwinds And Capital Management Upside
Seeking Alpha· 2025-05-21 05:01
Core Viewpoint - The research service "Asia Value & Moat Stocks" targets value investors looking for Asia-listed stocks that exhibit a significant disparity between market price and intrinsic value, focusing on deep value balance sheet bargains and wide moat stocks [1] Group 1: Investment Focus - The service emphasizes deep value balance sheet bargains, which include net cash stocks, net-nets, low price-to-book (P/B) stocks, and sum-of-the-parts discounts [1] - It also highlights wide moat stocks, which are characterized by strong earnings power at a discount, including high-quality businesses and hidden champions [1] Group 2: Market Emphasis - The primary focus of the investment ideas is on the Hong Kong market, providing a range of watch lists with monthly updates for investors [1]
Allegiant Announces Five New Routes with One-Way Fares as Low as $39*
Prnewswire· 2025-05-21 05:00
The Airline Offers New Low-Cost Travel Options to Popular Destinations in Eight CitiesLAS VEGAS, May 21, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced five new nonstop routes to eight cities around the country. To celebrate, the company is offering one-way fares on the new routes as low as $39.*The routes, launching this fall, will provide the only nonstop service between these cities. Additionally, the airline added an intrastate route for travelers in Tennessee."This expansi ...
WEBRIS Launches Fully Managed Facebook Ads Program Built Exclusively for Law Firms
GlobeNewswire News Room· 2025-05-21 04:38
Miami, FL, May 21, 2025 (GLOBE NEWSWIRE) -- WEBRIS, a performance-driven lawyer marketing agency, has officially launched a fully-managed Facebook Ads service built exclusively for law firms. This new program is designed to help attorneys attract high-quality case leads through targeted social advertising, offering a strategic and results-focused alternative to generalized ad services. This new offering was created to fill a gap in the legal marketing space. Many law firms are investing in advertising but ...