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Matador Resources(MTDR) - 2025 Q2 - Earnings Call Presentation
2025-07-23 15:00
Financial Performance - Matador achieved record quarterly oil equivalent production of 209,013 BOE/d in Q2 2025[8, 14] - The company's leverage ratio stood at 096x as of June 30, 2025[26] - Adjusted Free Cash Flow for Q2 2025 was $1327 million[46, 90] - Matador bought back 11 million shares in Q2 2025 at an average repurchase price of $4037, representing approximately 1% of shares outstanding[31] Capital Expenditure and Efficiency - Q2 2025 D/C/E CapEx was $3453 million, $15 million less than the midpoint of guidance[14] - Q2 2025 Midstream CapEx was $562 million, $4 million less than the low end of guidance[14] - Drilling and Completion Cost decreased to $825 per completed lateral foot in Q2 2025[20] Production and Guidance - Oil production guidance for Q3 2025 is 1165 to 1180 MBbl/d, and natural gas production is 4920 to 4980 MMcf/d[62] - Total production guidance for Q3 2025 is 1985 to 2010 MBOE/d[62] - The company expects to turn to sales 135 gross (1063 net) operated horizontal wells in 2025, with an average completed lateral length of approximately 10,300 feet[60, 64] Midstream Operations - San Mateo's Adjusted EBITDA for 2025 is estimated at $285 million[70] - The Marlan Plant expansion was completed on time and on budget in May 2025, with a gas processing capacity of 720 MMcf per day and a water disposal capacity of 475,000 Bbl per day[23]
Range Resources(RRC) - 2025 Q2 - Earnings Call Presentation
2025-07-23 13:00
Company Overview - Range Resources is a top 10 U S producer of natural gas and NGLs, focused on the Appalachian Basin with over 30 years of core Marcellus inventory[6, 7] - The company expects to grow production by approximately 20% through 2027 with a reinvestment rate of less than 50%[12] - Range Resources has approximately 440,000 net acres in Southwest Pennsylvania and approximately 70,000 net acres in Northeast Pennsylvania[14] Financial Performance and Outlook - The company has demonstrated a history of durable free cash flow through commodity cycles[19] - Cumulative free cash flow from 2025 to 2027 is projected to be approximately $2 5 billion[28] - 2025 capital expenditures are guided at $650-$680 million[28, 33] Market Access and Diversification - Approximately 30% of Range's natural gas is directed to the Midwest, approximately 25% to the Gulf Coast, and approximately 25% to LNG and premium Gulf markets[17] - The company has secured 250 Mmcf/d of incremental natural gas takeaway accessing growing demand in Midwest and Gulf Coast markets in 2026[28] - Range Resources has 20 MBD of NGL takeaway and export capacity utilizing a new East Coast terminal in 2026[28] Natural Gas and NGL Fundamentals - U S LNG exports have grown from approximately 0 Bcf/d in 2015 to approximately 15 Bcf/d in early 2025[64] - Total U S demand growth of +27 Bcf/d is expected through 2030 from LNG and pipeline exports to Mexico, industrial and electric power demand growth[72] - The call on incremental U S supply for global LPG demand is approximately 870 MBD from 2025-2030[92] ESG Initiatives - The company achieved Net Zero for 2024 Scope 1 and 2 GHG emissions[105] - Range Resources has achieved an 83% reduction in methane emissions intensity since 2019[105] - In 2024, 56% of total water used for operations was reuse water[105]
X @Bloomberg
Bloomberg· 2025-07-23 05:15
The US Environmental Protection Agency is considering scrapping a landmark almost two-decade old legal opinion that greenhouse gas emissions are harmful to human health, the Washington Post reported https://t.co/ec0nC7YU0C ...
Corbion receives strong sustainability ratings in multiple categories from CDP
Globenewswire· 2025-07-23 05:00
Global ingredient supplier Corbion has once again demonstrated its strong commitment to sustainability, earning high marks in climate, water, and supplier engagement in CDP's Disclosure Cycle 2024. Corbion's A‑ rating reflects its science-based approach to climate action, as well as its aggressive emission reduction targets established in line with requirements of the Science Based Targets Initiative. A key contributor was the company's commitment to reduce absolute Scope 1 and 2 greenhouse gas emissions by ...
Hiab's half-year financial report January–June 2025: Strong performance in the first half
Globenewswire· 2025-07-23 05:00
HIAB CORPORATION, HALF-YEAR FINANCIAL REPORT JANUARY–JUNE 2025, 23 JULY 2025 AT 8:00 AM (EEST) Unless otherwise stated, the financial information in this report concerns Hiab's continuing operations. This half-year report is unaudited. April–June 2025 in brief: Orders received increased January–June 2025 in brief: Operating profit increased Hiab's half-year financial report January–June 2025: Strong performance in the first half Key takeaways from the quarter Outlook for 2025 specified Hiab estimates its co ...
JCE: Unlikely To Provide Alpha But Still An Attractive Income Fund
Seeking Alpha· 2025-07-23 03:58
Core Insights - The article emphasizes the importance of a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds [1]. Investment Strategy - The investment approach focuses on high-quality dividend stocks and assets that provide long-term growth potential, which can significantly contribute to income generation [1]. - The strategy aims to create a balanced portfolio that captures total returns on par with the S&P 500, indicating a robust performance relative to a major market index [1].
微短剧经费“吃回扣”观察:普遍存在,合不合理?
3 6 Ke· 2025-07-23 02:57
近日,某制片人在小红书公开65万微短剧制作费明细:拍8天,制作拿20万、演员拿14万、交通食宿11 万,引发网友热议。 好比我去谈个场地,别人去可能要3000-5000元/天,我靠人脉1500元/天拿下,我报2000元/天,你能说 我吃了500元回扣吗? 再说到演员这块,跟我熟的演员,跟我谈就是2000-3000元/天;不认识你的话,给你的价就得4000元/ 天。这中间的差价,我得记着回头给他找补。 毕竟中国是个人情社会,行业本身又没形成体系,说白了就是八仙过海,各显其能。 2、给你争取到台词,拿点辛苦费不合理吗? 不少副导演确实会从演员费用中抽成,这钱该不该拿,还得看他有没有真干活。你以前就是个群演,他 今天确实保你演了回龙套;你以前没台词,现在有台词了;以前就是个背景板,现在在微短剧里好歹成 了前景。 DataEye短剧观察与多位业内人士深聊后发现,微短剧经费 "吃回扣"现象普遍存在,其表层源于费用非 标、人情往来及制片系统缺陷,而根本症结在于行业缺乏统一标准。 一、微短剧经费"吃回扣":普遍存在的行业潜规则 微短剧经费的"吃回扣"究竟有多普遍?多位制片人结合自身经历,道出了行业现状: (下文内容为采访对 ...
印度经济与战略 - 印度繁荣的基石-India Economics and Strategy-uilding Blocks of India's Prosperity
2025-07-23 02:42
July 22, 2025 10:00 PM GMT India Economics and Strategy | Asia Pacific Building Blocks of India's Prosperity If states don't implement policies that enhance growth and protect macro stability, India will struggle to achieve its potential outcomes. Without understanding India's states, investors can hardly be confident about India's macro story. Why investors cannot afford to miss this report: In Why This Is India's Decade, we opined that India will drive a fifth of global growth in the coming decade and bec ...
中国互联网汽车_2025 年第二季度预览:基于收入加速增长和市场整合,看好途虎-China Internet Auto Classified 2Q25 Preview Prefer Tuhu on accelerated revenue growth and market consolidation
2025-07-23 02:42
22 July 2025 | 7:23PM HKT China Internet: Auto Classified 2Q25 Preview: Prefer Tuhu on accelerated revenue growth and market consolidation We preview upcoming results for auto classified platforms Tuhu Car (1H25 results in late Aug) and Autohome (2Q25 results on Jul 31) under our coverage. We continue to favor Tuhu Car (+15% over the past 3 months vs. HSTECH +14% and ATHM +1%) on its accelerated revenue growth and margin expansion in 2025E, driven by faster online user growth, steady offline capacity expans ...