Crescent Energy (NYSE:CRGY) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Company ParticipantsBrandi Kendall - CFOClay Rynd - EVP of InvestmentsDavid Rockecharlie - CEOJarrod Giroue - Senior Research AssociateJoey Hall - COOJohn Abbott - VP of E&P ResearchJonathan Mardini - Equity Research Senior AssociateLloyd Byrne - Managing Director of Equity ResearchMichael Furrow - VP on the Research TeamReid Gallagher - Investor RelationsConference Call ParticipantsBert Donnes - Financial AnalystCharles Meade - ...

Ecovyst (NYSE:ECVT) Q4 2025 Earnings call February 26, 2026 11:00 AM ET Company ParticipantsGene Shiels - Director of Investor RelationsHamed Khorsand - Principal and Director of ResearchKurt Bitting - CEOMike Feehan - CFOConference Call ParticipantsAleksey Yefremov - Managing Director and Equity Research AnalystDavid Begleiter - Managing Director and Senior Equity Research AnalystJohn McNulty - Managing Director, Chemicals AnalystLaurence Alexander - Research AnalystPatrick Cunningham - Vice President, Sen ...

Q4'25 Earnings Presentation February 2026 Disclaimer The information in this presentation relates to Crescent Energy Company (the "Company," "Crescent," "we," "us," "our" or "CRGY") and contains information that includes or is based upon "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this pr ...

Q4 Earnings Update February 26, 2026 1 CAUTIONARY STATEMENTS 2 MIDDLEBY PORTFOLIO TRANSFORMATION Portfolio transformation underway with completed 51% sale of Residential Business completed in Q1 2026 & in process Food Processing Spin expected to be completed in Q2 2026 Next chapter of growth for highly successful businesses that will benefit from a focus on individual core strategies, driving a full valuation in line with best-in-class peers for each entity Safe Harbor Statement Statements in this press rel ...

Redwire (NYSE:RDW) Q4 2025 Earnings call February 26, 2026 09:00 AM ET Speaker5Greetings, and welcome to the Redwire Corporation Full Year and Fourth Quarter 2025 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow a formal presentation. If anyone should require operator assistance during the conference, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Alex Cura ...

Based on our 2026 acquisition guidance, we expect to end this year with SHOP growing to 45% of our investment portfolio and 40% of our NOI, capitalizing on LTC Properties, Inc.’s ability to accelerate our growth through acquisitions. By launching SHOP as a small-cap REIT, we are leveraging the denominator effect to our advantage. LTC’s smaller initial footprint provides the power to capture outsized growth where even modest investments have a meaningful and visible impact. Additionally, after the prepayment ...

Financial Data and Key Metrics Changes - The company reported a Core FFO per share improvement of $0.05 to $0.70, representing an 8% increase year-over-year, and Core FAD per share improved by $0.07 to $0.73, reflecting an 11% increase [17] - The debt to annualized adjusted EBITDA for real estate was 4.5x, with an annualized adjusted Fixed Charge Coverage Ratio of 4.4x, well within the stated leverage target of 4-5x [17] Business Line Data and Key Metrics Changes - The SHOP portfolio grew to 25% of the investment portfolio by year-end 2025, with expectations to reach 45% by the end of 2026 [4] - The original 13 properties converted to SHOP grew NOI by 22% over 2024 pro forma NOI, generating $16.2 million in combined rent and NOI in 2025 [8] - The company anticipates 14% NOI growth at the midpoint for the full year 2026 over pro forma 2025 [8] Market Data and Key Metrics Changes - The company expects occupancy to grow by approximately 150 basis points in 2026, with RevPAR projected to increase by about 5% [9] - The company is in a competitive senior housing acquisitions environment, leveraging its smaller asset base and relationship-driven strategy to find opportunities [12] Company Strategy and Development Direction - The company is transforming from a lower growth triple net REIT into a faster-growing SHOP-focused REIT, with a guidance of $600 million in acquisitions for 2026, nearly 70% higher than 2025 [3] - The strategic portfolio transformation aims to reduce skilled nursing investments to less than 30% by the end of 2026, focusing on SHOP growth [5] - The company plans to continue investing in newer SHOP communities that are best positioned to compete against future developments [19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the financial strength to support SHOP growth, with liquidity standing at $810 million on a pro forma basis [16] - The company anticipates continued accelerated internal and external growth powered by SHOP in 2027, following the completion of its transformation at the end of 2026 [5] - Management highlighted the importance of operator relationships in driving future growth and emphasized the potential for organic NOI growth to double by the end of 2026 compared to pre-transformation levels [20] Other Important Information - The company has an acquisition pipeline of over $500 million in deals under review, all focused on SHOP [13] - The company expects to sell five skilled nursing properties and has certain loan payoffs totaling $90 million in the next 60 days [10] Q&A Session Summary Question: What are the greatest threats to SNFs today? - Management noted that private capital driving prices in skilled nursing could change, and there is inherent risk in the skilled nursing sector [26] Question: Is the 14% same-store growth sustainable? - Management indicated that the pro forma occupancy of 89.7% is close to stabilized levels, and they are comfortable with the guidance for growth [27] Question: What are the year one yields for SHOP investments? - The company is underwriting year one yields at about 7%, with good growth headroom beyond that [40] Question: How competitive is the landscape for seniors housing deals? - Management acknowledged the competitive landscape but emphasized their ability to find transactions that meet their underwriting criteria [51] Question: What is the expected CapEx burden for LTC going forward? - Management stated that the current CapEx guidance is based on a $1,500 per unit assumption, which is appropriate given the age of the assets [75]

LTC Properties (NYSE:LTC) Q4 2025 Earnings call February 25, 2026 11:00 AM ET Company ParticipantsCece Chikhale - Executive Vice President, CFO, Treasurer and SecretaryClint Malin - Co-President and Co-CEODave Boitano - Executive Vice President and CIOGibson Satterwhite - Executive Vice President of Asset ManagementJohn Kilichowski - Vice President in Equity ResearchMichael Carroll - Managing DirectorOmotayo Okusanya - Managing DirectorPam Kessler - Co-President and Co-CEORichard Anderson - Managing Directo ...

RENEWAL AND SUPPLEMENTAL OPERATING AND FINANCIAL DATA TRANSITION FOURTH QUARTER 2025 TABLE OF CONTENTS LEADERSHIP WENDY SIMPSON Executive Chairman PAM KESSLER Co-President and Co-CEO CLINT MALIN Co-President and Co-CEO CECE CHIKHALE EVP, Chief Financial Officer, Treasurer and Secretary DAVID BOITANO EVP, Chief Investment Officer GIBSON SATTERWHITE EVP, Asset Management MIKE BOWDEN SVP, Investments MANDI HOGAN SVP, Marketing BOARD OF DIRECTORS | WENDY SIMPSON | Executive Chairman | | --- | --- | | CORNELIA C ...

He also detailed the intended use of proceeds: the company plans to repay the term loan used to fund the cash portion of the NuVista acquisition, repay its 2028 notes, and then apply remaining proceeds to the credit facility and commercial paper balance. After those repayments, the company expects its remaining long-term debt to have no maturities before 2030.McCracken said Ovintiv expects the Anadarko sale to close early in the second quarter. After closing, he expects net debt to be roughly $3.6 billion, ...