Core Insights - The company has undergone a transformational shift from real estate development to providing environmental solutions, establishing a new core operating business through the acquisition of Resource Group [2][3] - The company generated approximately $7 million in gross revenues during 2025, a significant increase from less than $500,000 in 2024, following the integration of Resource Group [4] Business Transformation - The transition to an operating platform includes revenue-generating operations, owned equipment, and an expanding infrastructure, with Resource Group as the foundation for its waste-to-value and materials processing strategy [3] - The company has made targeted investments in processing and materials-handling equipment to enhance operational capabilities and efficiency [8][9] Financial Performance - The company completed a $9 million private placement, marking the largest capital raise in its history, and eliminated all convertible debt, improving its financial flexibility [6][7] - The company is focused on disciplined execution and long-term value creation for stockholders, positioning itself for the next phase of growth [14] Product Expansion - The company plans to expand into bagged materials and engineered soils by the second quarter of 2026, which is expected to contribute to achieving cash flow positivity [10] Asset Monetization - The company is advancing monetization initiatives across its legacy real estate asset portfolio, including the restructuring of debt related to Lago Vista and plans to list the Norman Berry property for sale [12] - There are ongoing efforts related to the rezoning and monetization of the Oklahoma property, as well as evaluating opportunities related to sand reserves at the Myakka site [13]

Occidental Petroleum Corporation (NYSE:OXY) is included among the 10 Best Natural Gas Stocks to Buy Right Now. Occidental Petroleum (OXY) Closes Sale of Chemical Business to Berkshire Hathaway Occidental Petroleum Corporation (NYSE:OXY) is an independent exploration and production company with assets primarily in the United States, the Middle East, Africa, and Latin America. Occidental Petroleum Corporation (NYSE:OXY) announced on January 2 that it had completed the sale of its chemical business, OxyChe ...

California Resources Corporation is a leading independent energy company focused on oil and natural gas exploration and production in California. With significant mineral acreage and integrated operations, the company leverages its scale to efficiently serve regional energy demand. Its diversified revenue streams and strategic market positioning provide resilience and competitive advantage in the California energy sector.It serves marketers, California refineries, utilities, and other purchasers with access ...

BP Plc agreed to sell a majority stake in its Castrol lubricants division to US investment firm Stonepeak Partners, marking a key milestone as the oil and gas major seeks to reduce debt and reset its business. The UK energy giant will raise about $6 billion from the sale of a 65% interest, which includes some prepayment of future dividends on its remaining stake. While the price falls short of earlier expectations, it’s a notable move by new Chairman Albert Manifold, who’s already made his mark by replaci ...

Castrol was a major sponsor in the motorsports world BP is selling a $6bn (£4.4bn) stake in the historic British engine oil business Castrol in an effort to pay down a mountain of debts. The oil giant confirmed on Wednesday that it was selling a majority stake in the lubricants company to Stonepeak, a New York-based investment firm. It is the biggest sale by BP in 12 years and comes as the company is in the midst of a major leadership shake-up. Castrol, founded 126 years ago, became a household name t ...

Core Insights - Stanley Black & Decker is a prominent global provider of tools, storage, and commercial electronic security solutions, recognized for its strong brand portfolio including Stanley, Black & Decker, and DeWalt [1] - An analyst from Morgan Stanley has set a price target of $88 for SWK, indicating a potential upside of 15.77% from its current trading price of $76.02 [1][6] Financial Developments - The company has agreed to sell Consolidated Aerospace Manufacturing (CAM) to Howmet Aerospace for $1.8 billion in cash, aligning with its strategy to focus on core brands and businesses [2][6] - Proceeds from the sale will be utilized to reduce debt, targeting a leverage ratio of 2.5 times net debt to adjusted EBITDA, as stated by the company's President and CEO, Chris Nelson [2][6] Strategic Implications - The sale of CAM is expected to provide Stanley Black & Decker with greater financial flexibility, allowing for a more agile capital allocation strategy and enhancing shareholder value [3] - The CAM business, which supplies critical fasteners and components for the aerospace and defense industries, is anticipated to thrive under Howmet Aerospace's ownership, enhancing Howmet's portfolio with high-tech aerospace fastening solutions [4] Market Performance - As of the latest trading session, SWK is trading at $75.84, reflecting an increase of 4.25% or $3.09, with a market capitalization of approximately $11.75 billion [5]

Core Viewpoint - Stanley Black & Decker has entered into a definitive agreement to sell its Consolidated Aerospace Manufacturing (CAM) business to Howmet Aerospace for $1.8 billion in cash, aiming to enhance shareholder value and reduce debt [1][2]. Group 1: Transaction Details - The sale of CAM is valued at $1.8 billion in cash and is expected to close in the first half of 2026, pending regulatory approval and customary closing conditions [1][3]. - CAM is projected to generate revenue of approximately $405 to $415 million for FY 2025, with an adjusted EBITDA margin approaching the high-teens percentage [2]. Group 2: Strategic Implications - The proceeds from the transaction are anticipated to significantly reduce the company's debt, helping to achieve a target leverage ratio of 2.5 times net debt to adjusted EBITDA [2]. - The divestiture reflects the company's strategy to focus on its core brands and businesses, allowing for a more agile capital allocation strategy in the future [2]. Group 3: Company Background - Consolidated Aerospace Manufacturing (CAM) is recognized for providing critical fasteners, fittings, and engineered components for the aerospace and defense industries, with a portfolio of trusted brands [4]. - Stanley Black & Decker, founded in 1843, is a global leader in tools and outdoor products, employing approximately 48,000 people and producing a wide range of innovative products [5].

Krispy Kreme has signed a deal to sell its operations in Japan to private-equity firm Unison Capital for cash proceeds of about $65 million, which the doughnut maker will use to pare its debt load. ...

You could also opt for other types of savings accounts — money market, certificates of deposit , a traditional savings account — or build savings through investments, but a high-yield account may be your best bet for steady, nonvolatile growth.If you’re simply looking to build a general savings nest egg, however, a high-yield savings account is a solid strategy. Fortune notes that “the best rates are often found with online-only accounts,” so you’ll have to be fine with online banking. That said, you’ll ear ...

Core Viewpoint - Vermilion Energy Inc. has sold 26 million common shares of Coelacanth Energy Inc. for $19.76 million, reducing its ownership from approximately 15.0% to 10.2% of Coelacanth's outstanding shares, as part of its strategy to reduce debt and enhance business resiliency [1][2][3]. Group 1: Share Transactions - On December 17, 2025, Vermilion sold 26,000,000 common shares of Coelacanth at a price of $0.76 per share, totaling $19,760,000 [1]. - Prior to the sale, Vermilion held 80,179,104 common shares, representing about 15.0% of Coelacanth's issued shares [2]. - After the transaction, Vermilion's holdings decreased to 54,179,104 common shares, which is approximately 10.2% of the total [2]. Group 2: Strategic Intent - The sale of common shares aligns with Vermilion's priority of reducing debt to improve business resilience [3]. - The company will continue to assess its investment in Coelacanth and may adjust its holdings based on market and economic conditions [3]. - Following the sale, Vermilion is restricted from selling more than 4,000,000 common shares without Coelacanth's consent [3]. Group 3: Company Overview - Vermilion is a global gas producer focused on acquiring, exploring, and developing liquids-rich natural gas in Canada and conventional natural gas in Europe [5]. - The company aims to optimize low-decline oil assets to generate significant free cash flow [5]. - Vermilion prioritizes health and safety, environmental protection, and profitability in its operations [6].