New Program Designed as Platform-based Approach for Direct Correction of Mutations Causing PKU; Investigational New Drug (IND) Filing for BEAM‑304 Anticipated in 2026 Updated Phase 1/2 Data and Next Steps for Pivotal Development for BEAM-302 in Alpha-1 Antitrypsin Deficiency (AATD) on Track for Q1 2026 Strategic Financing Agreement with Sixth Street Provides up to $500 Million in Long-term, Non-dilutive Capital to Fund Anticipated Launch of Risto-cel in Sickle Cell Disease (SCD); U.S. Biologics License Appl ...

New Program Designed as Platform-based Approach for Direct Correction of Mutations Causing PKU; Investigational New Drug (IND) Filing for BEAM‑304 Anticipated in 2026 Updated Phase 1/2 Data and Next Steps for Pivotal Development for BEAM-302 in Alpha-1 Antitrypsin Deficiency (AATD) on Track for Q1 2026 Strategic Financing Agreement with Sixth Street Provides up to $500 Million in Long-term, Non-dilutive Capital to Fund Anticipated Launch of Risto-cel in Sickle Cell Disease (SCD); U.S. Biologics License Appl ...

$100 Million Funded at Close with up to an Additional $400 Million Available Under Facility with Seven-Year Term Financing Bolsters Balance Sheet with Long-term, Non-dilutive Capital to Support Anticipated Launch of Risto-cel in Sickle Cell Disease (SCD) CAMBRIGE, Mass., Feb. 24, 2026 (GLOBE NEWSWIRE) -- Beam Therapeutics Inc. (Nasdaq: BEAM) today announced that it has entered into a strategic financing agreement with Sixth Street for substantial, long-term, non-dilutive capital to fund the potential launch ...

Business development companies run by Carlyle and Sixth Street set up a joint venture to issue collateralized loan obligations, in a bid to boost returns in a sector where declining interest rates have squeezed earnings. https://t.co/xej62hwsvj ...

分组1 - Sixth Street (TSLX) reported quarterly earnings of $0.52 per share, exceeding the Zacks Consensus Estimate of $0.50 per share, but down from $0.61 per share a year ago, representing an earnings surprise of +4.00% [1] - The company achieved revenues of $108.2 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 0.09%, but down from $123.7 million year-over-year [2] - Sixth Street has surpassed consensus EPS estimates in all four of the last quarters and has topped consensus revenue estimates two times in the same period [2] 分组2 - The stock has underperformed the market, losing about 7.4% since the beginning of the year compared to the S&P 500's gain of 1.4% [3] - The current consensus EPS estimate for the upcoming quarter is $0.50 on revenues of $105.11 million, and for the current fiscal year, it is $2.00 on revenues of $414.66 million [7] - The Financial - SBIC & Commercial Industry, to which Sixth Street belongs, is currently in the top 34% of over 250 Zacks industries, indicating a favorable industry outlook [8]

Core Insights - OPEC+ has decided to pause production hikes in Q1 2026, failing to stimulate an oil price rally amid ongoing concerns of a supply glut [1][3][9] OPEC+ Production Decisions - OPEC+ announced a halt to its scheduled return of voluntary cuts for Q1 2026, with a minor increase of 137,000 b/d planned for December 2025 [3] - Russia advocated for the pause in supply hikes to better assess the impact of sanctions on its crude production [3] - Saudi Arabia supported Russia's motion, citing expected inventory builds globally in Q1 2026, which would not justify worsening the supply glut [4] Production Quotas and Real Output - OPEC+ countries have collectively increased their quotas by 2.9 million b/d this year, which is half of the total 5.85 million b/d voluntary cuts [4] - In real terms, OPEC+ has only boosted production by 70-75% of their targets, as many analysts believe these volumes were already in the market [5] Market Reactions and Company Movements - BP has agreed to sell minority stakes in its US onshore pipeline assets for $1.5 billion, responding to pressure from activist investors [6] - Chevron has signed a deal to explore two offshore blocks in Guinea Bissau, taking a 90% working interest [6] - Geopark rejected an unsolicited acquisition proposal from Parex Resources worth almost $1 billion [7] - ENI has signed a deal to assess five offshore oil and gas blocks in Sierra Leone [7] - Libya's National Oil Company reported a new oil discovery in the Ghadames Basin, with production nearing 5,000 b/d [8] Market Sentiment - Despite OPEC+'s efforts to address oversupply concerns, crude oil prices remained stagnant, with ICE Brent around $65 per barrel [9] - Oil executives in Abu Dhabi expressed optimism that next year's oil glut would not be as severe, but a price rally may depend on escalating US-Venezuela tensions [9]

Core Viewpoint - BP has agreed to sell non-controlling interests in its US midstream assets in the Permian and Eagle Ford basins to Sixth Street for $1.5 billion, structured in two phases with an initial payment of approximately $1 billion upon signing [1][4]. Group 1: Transaction Details - The deal involves BP's US onshore subsidiary, bpx energy, continuing to operate the assets, which include pipelines and facilities in the Eagle Ford and Permian basins [1][2]. - The assets include four central processing facilities: Grand Slam, Bingo, Checkmate, and Crossroads, which connect oil and gas wells to pipeline systems [2]. - Upon closing, bpx energy's ownership in the Permian assets will decrease from 100% to 51%, and its stake in the Eagle Ford assets will drop from 75% to 25% [3]. Group 2: Strategic Implications - The transaction is part of BP's strategy to unlock capital while maintaining operational control over the assets [2][4]. - This sale supports BP's goal of achieving $20 billion in divestments by the end of 2027, as outlined during its Capital Markets Update in February 2025 [4]. - bpx energy's CEO emphasized the importance of investing in midstream for driving value, flow assurance, and lowering emissions in these basins [3].

Group 1 - BP has agreed to sell its non-controlling interests in U.S. shale assets to Sixth Street for $1.5 billion, aiming to improve its balance sheet and regain investor confidence [1] - The assets being divested include midstream interests in the Permian and Eagle Ford basins, with BPX Energy retaining 51% of the Permian assets and 25% of the Eagle Ford midstream assets post-transaction [1] - BP's CEO, Murray Auchincloss, is focused on asset divestiture to reverse years of underperformance, which has attracted the attention of activist investor Elliott Investment Management [1] Group 2 - BP has committed to divesting $20 billion in assets by the end of 2027, having already sold its U.S. onshore wind business and agreed to sell its retail gas stations and EV charging centers in the Netherlands [2] - The transaction with Sixth Street will occur in two phases, with approximately $1 billion paid at signing and the remainder expected by year-end, pending regulatory approval [2] - Elliott holds about 5% of BP's shares and is urging the company to take swift action to strengthen its cost base and improve capital allocation [2]

Core Viewpoint - The energy company plans to divest stakes in assets operated by its U.S. onshore oil and gas business BPX, specifically in the Permian and Eagle Ford basins [1] Group 1 - The company is focusing on selling stakes in its U.S. onshore oil and gas operations [1] - The assets targeted for sale are located in the Permian and Eagle Ford basins [1]

Core Viewpoint - BP has agreed to sell non-controlling stakes in its Permian and Eagle Ford midstream assets to Sixth Street for $1.5 billion, which is part of its capital optimization strategy while retaining operational control [1][2][3]. Group 1: Transaction Details - The deal involves BP's bpx energy midstream infrastructure, including pipelines and four major processing facilities in the Permian, with Sixth Street acquiring 49% of the Permian assets and 75% of the Eagle Ford midstream system [2]. - The transaction is structured in two tranches: approximately $1 billion upfront and the remaining $500 million by year-end, subject to regulatory approval [2]. Group 2: Strategic Implications - This transaction is a significant step in BP's strategy to streamline its portfolio and unlock value from non-core assets, aiming for $20 billion in divestments by 2027 [3]. - The sale allows BP to recycle capital while maintaining control over key infrastructure essential for its US onshore production network [3]. Group 3: Operational Context - Bpx Energy, BP's US onshore arm, operates in the Permian, Eagle Ford, and Haynesville basins, focusing on low-emissions operations and leveraging BP's integrated trading and logistics capabilities [4]. - The partnership with Sixth Street is seen as a reinforcement of BP's strategy to maximize returns while ensuring safe and efficient operations [4]. Group 4: Industry Trends - The move aligns with a broader trend among major oil producers monetizing midstream assets to fund growth in low-carbon and high-return projects, while private investors seek exposure to stable energy infrastructure returns [5].