Key Takeaways CSX's Q1 2025 expenses rose 1.6% YoY, continuing a multi-year trend of rising operating costs. The current ratio fell from 1.73 in 2021 to 0.88 in Q1 2025, highlighting sustained liquidity strain. Coal revenues dropped 27% on 9% lower volumes, while $2.5B in 2025 capex adds to financial pressure.CSX Corporation (CSX) is currently mired in multiple headwinds that are significantly impacting its prospects. Surging expenses, weak liquidity and downturn in demand are all major challenges, which, ...

Good morning and good afternoon, everyone. It is July 11th, Thursday. Welcome to Morgan Stanley Asia Micro webcast. My name is Crystal Ji, Asian EM, equity strategist. Before we start, please note that this event is for Morgan Stanley institutional clients and financial advisors only. It is not for members of press. If you're a member of the press, please log off and reach out separately. Please also note that this broadcast, your questions may be recorded. Today, we have Chetan Iyer, Chief Asia Economist, ...

Key Takeaways LBRT's net income dropped 75% YoY in Q1 2025, signaling mounting profitability concerns. High CapEx, tariff risks, and oil price volatility are pressuring LBRT's margins and cash flow. LBRT's expansion into power systems remains unproven, adding execution risks amid market headwinds.Liberty Energy Inc.’s (LBRT) shares have plunged 40.9% over the past six months. This decline not only contrasts with the broader oil and energy sector's 3.6% gain but also significantly undercuts the 10.2% drop ...

Core Insights - Energy Transfer LP's systematic capital-expenditure strategy significantly enhances its long-term growth outlook through investments in high-return projects across its midstream network [1] - The company is focusing on pipeline expansions, fractionation units, and export terminals to improve asset integration and drive volume growth [2] - Disciplined capital deployment supports long-term cost efficiencies and margin expansion, with a planned investment of $5 billion in 2025 [3][8] - The capital expenditure strategy underpins the ability to generate resilient cash flows and sustain distributions to unitholders [4] Capital Expenditure Strategy - Energy Transfer's capital expenditure enhances midstream operations by expanding pipeline infrastructure, increasing storage capacity, and boosting system reliability [5] - The company invested $955 million in the first quarter of 2025 and plans to invest $5 billion for the full year to strengthen its infrastructure [3][8] Earnings Estimates - The Zacks Consensus Estimate for Energy Transfer's earnings per unit indicates an increase of 2.86% for 2025 and 4.26% for 2026 over the past 60 days [7][8] Price Performance - Energy Transfer's trailing 12-month return on equity (ROE) is 11.47%, lower than the industry average of 13.95% [9] - Units of Energy Transfer have risen 2.3% in the past month, contrasting with a decline of 0.5% in the Zacks Oil and Gas - Production Pipeline - MLB industry [10]

Flash | 17 Jun 2025 10:01:01 ET │ 9 pages – 1Q market up > 50% YoY to $134bn, driven by accelerated server spend; servers >50% of DC capex, accelerated > general purpose US Communications Equipment Dell'Oro 1Q25 Data Center Capex Report Highlights CITI'S TAKE We summarize key points from Dell'Oro Group's 1Q data center capex report. – General purpose infrastructure was up modestly – Limited impact from tariff-except components. System vendors and hyperscale cloud SPs increased component inventory purchases ...

🚨 BREAKING: Tesla plans to invest over $11 billion annually in capital expenditures for the next three years.The investment will boost Gigafactory expansion, battery production, AI, autonomy, and the Supercharger network https://t.co/AifGOjlgok ...

May 21, 2025 06:15 AM GMT SSE | Europe FY25 Results Bring Capex Cut Reaction to earnings Strengthens our thesis In-line Largely unchanged Impact to our thesis Financial results versus consensus Direction of next 12-month consensus EPS Source: Company data, Morgan Stanley Research We expect a positive reaction to SSE's solid FY25 results release, with capex cut a key positive, notwithstanding strong recent performance from April 9th lows. We interpret divisional guidance as giving operating profit & EPS marg ...

Alliant Energy (LNT) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Susan Gille - Manager of Investor RelationsLisa Barton - Director, President & CEORobert Durian - EVP and CFOJames Schaefer - Senior Managing DirectorNicholas Campanella - DirectorPaul Fremont - Managing DirectorAndrew Weisel - DirectorPaul Zimbardo - Managing Director Conference Call Participants Rinny S - Equity Research Analyst Operator Thank you for holding, and welcome to Alliant Energy Energy's First Quarter twent ...

Braemar Hotels & Resorts (BHR) Q1 2025 Earnings Call May 08, 2025 11:00 AM ET Speaker0 and thank you for standing by. My name is Regina, and I will be your conference operator today. At this time, I would like to welcome everyone to the Braemar Hotels and Resorts Inc. First Quarter twenty twenty five Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the conference ove ...

Summit Midstream Partners (SMC) Q1 2025 Earnings Call May 08, 2025 10:00 AM ET Speaker0 Thank you for standing by. My name is Dee, and I will be your conference operator today. At this time, I would like to welcome everyone to the First Quarter twenty twenty five Summit Midstream Corporation Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer Thank you. I would now like to turn the call over to Randall ...