ConocoPhillips (COP) reported first-quarter 2025 adjusted earnings per share of $2.09, which beat the Zacks Consensus Estimate of $2.06. The bottom line increased from the prior-year level of $2.03. (Find the latest EPS estimates and surprises on Zacks Earnings Calendar.)One of the world’s leading independent oil and gas producers, headquartered in Houston, TX, ConocoPhillips’ quarterly revenues of $17.1 billion increased from $14.48 billion in the year-ago period. The top line beat the Zacks Consensus Esti ...

Liberty Latin America Ltd (LILA) Q1 2025 Earnings Call May 08, 2025 08:30 AM ET Speaker0 Good morning, ladies and gentlemen, and thank you for standing by. Today's call is being recorded. I'll now turn call over to Sean Fitzgerald, VP of Tax of Liberty Latin America. Speaker1 Good morning, and welcome to Liberty Latin America's First Quarter twenty twenty five Investor Call. At this time, all participants are in listen only mode. Today's formal presentation materials can be found under the Investor Relation ...

Financial Data and Key Metrics Changes - Consolidated revenues for the first quarter were $148.8 million, an increase of $10.2 million or 7.4% compared to the prior year quarter, with revenue growth in both divisions [10] - Operating loss for the quarter was $20.4 million, a decline of $3.7 million compared to the prior year quarter [10] - Consolidated adjusted EBITDA for the first quarter was a loss of $0.3 million, a decrease of $2.6 million over the first quarter of fiscal 2024 [11] - Cash flow from operations was a use of cash of $35.3 million in the first quarter, compared to cash used by operations of $15.1 million in the prior year quarter [20] - Total capital expenditures during the first quarter were $23 million, compared to $15.4 million in the first quarter of fiscal 2024 [21] Business Line Data and Key Metrics Changes Theater Division - Total revenue for the first quarter was $87.4 million, an increase of 7.5% compared to the prior year first quarter [12] - Comparable theater admission revenue increased by 1.3% and comparable theater attendance increased by 6.9% compared to the prior year [12] - Theater division adjusted EBITDA was $3.7 million, compared to $6.2 million in the prior year quarter [17] Hotels and Resorts Division - Revenues were $61.3 million for the first quarter, an increase of 7.2% compared to the prior year [18] - RevPAR for comparable owned hotels grew by 1.1% during the first quarter, with an average daily rate (ADR) increase of 8% [18] - Hotels adjusted EBITDA increased by $1 million in the first quarter compared to the prior year quarter [20] Market Data and Key Metrics Changes - Comparable competitive hotels in the markets experienced RevPAR growth of 6.7% for the first quarter, indicating that the company's hotels underperformed the competitive set by 5.6 percentage points [19] - The upper upscale segment experienced an increase in RevPAR of 2.8% during the first quarter, indicating that the company's hotels underperformed the industry by 1.7 percentage points [19] Company Strategy and Development Direction - The company plans to maintain a focus on long-term value creation while managing short-term dynamics, with expectations for growth in both theater and hotel divisions [25] - The company is investing in enhancing customer experience through new ScreenX auditoriums and additional concession stands at Dine-in Movie Tavern locations [30][32] - The company is optimistic about the film slate for the rest of the year and into 2026, with several major franchises expected to perform well [34] Management's Comments on Operating Environment and Future Outlook - Management acknowledged that the first quarter did not meet expectations but expressed optimism for the summer movie season and the overall outlook for the year [25][26] - The company is prepared to react quickly to any economic uncertainties that may arise, leveraging its diversified business model [26][40] - Management emphasized the importance of attendance and customer experience, indicating a thoughtful approach to pricing in a potentially slowing economy [29][46] Other Important Information - The company repurchased approximately 424,000 shares of common stock for $7.1 million in cash during the quarter [23] - The Hilton Milwaukee renovation is progressing as planned, with 65% of the guest rooms completed and expected to be fully operational by June 30 [39] Q&A Session Summary Question: Impact of concessions per patron - Management indicated that the change in food and beverage per caps was primarily due to pricing, with no significant changes in incidence or basket size [45] Question: Ability to take price increases - Management expressed confidence in their ability to manage pricing, noting that they have successfully passed through price increases in the past [46] Question: Hilton Milwaukee renovation pricing strategy - Management views the renovation as an opportunity to hold or potentially increase prices, especially with the upcoming convention center demand [47][50] Question: Impact of Marcus Movie Club on ticket pricing - Management reported that the initial results of the subscription product are positive, but its impact is still minimal [56] Question: Group pace and market dynamics - Management noted that group business is performing well, particularly in recently renovated properties, and that bookings are solid across several markets [58] Question: Labor expense impact and staffing levels - Management indicated that higher labor costs were due to a return to normal operating hours and that there is room for improvement in labor efficiency [75][76]

Core Insights - Shell plc reported a significant decrease in income attributable to shareholders in Q1 2025, amounting to $4.78 billion, down from $7.36 billion in Q1 2024, reflecting a 35% decline [1][3] - Adjusted earnings for Q1 2025 were $5.58 billion, a 52% increase from $3.66 billion in Q4 2024, driven by lower exploration well write-offs and higher product margins [1][2] - The company experienced a cash flow from operating activities of $9.28 billion, a decrease of 29% compared to Q4 2024 [1][4] Financial Performance - Total revenue for Q1 2025 was $69.23 billion, an increase from $66.28 billion in Q4 2024 [73] - Adjusted EBITDA for Q1 2025 was $15.25 billion, up 7% from $14.28 billion in Q4 2024 [1] - Free cash flow was reported at $5.32 billion, reflecting a decrease from $8.73 billion in Q4 2024 [1] Segment Analysis Integrated Gas - Income for the Integrated Gas segment was $2.79 billion in Q1 2025, up from $1.74 billion in Q4 2024 [19] - Adjusted earnings increased to $2.48 billion, a 15% rise from $2.17 billion in Q4 2024 [19] - LNG sales volumes reached 16.49 million tonnes, a 6% increase compared to Q4 2024 [19] Upstream - The Upstream segment reported income of $2.08 billion, a significant increase from $1.03 billion in Q4 2024 [27] - Adjusted earnings rose to $2.34 billion, a 39% increase from $1.68 billion in Q4 2024 [27] - Total production available for sale was 1.86 million boe/d, slightly down from 1.86 million boe/d in Q4 2024 [27] Marketing - The Marketing segment saw income rise to $814 million, a substantial increase from $103 million in Q4 2024 [33] - Adjusted earnings were $900 million, reflecting a 7% increase from $839 million in Q4 2024 [33] - Cash flow from operating activities was $1.91 billion, up from $1.36 billion in Q4 2024 [33] Chemicals and Products - The Chemicals and Products segment reported a loss of $77 million, an improvement from a loss of $276 million in Q4 2024 [42] - Adjusted earnings for the segment were $449 million, a significant increase from a loss of $229 million in Q4 2024 [42] - Cash flow from operating activities was $130 million, down from $2.03 billion in Q4 2024 [42] Renewables and Energy Solutions - The Renewables and Energy Solutions segment reported a loss of $247 million, an improvement from a loss of $1.23 billion in Q4 2024 [52] - Adjusted earnings were negative at $42 million, an improvement from a loss of $311 million in Q4 2024 [52] - Cash flow from operating activities was $367 million, a decrease from $850 million in Q4 2024 [52] Shareholder Distributions - Total shareholder distributions in Q1 2025 amounted to $5.5 billion, including $3.3 billion in share repurchases and $2.2 billion in cash dividends [8] - The dividend declared for Q1 2025 was $0.3580 per share, consistent with the previous quarter [1][8] Outlook - The company expects cash capital expenditure for the full year 2025 to be between $20 billion and $22 billion [66] - Integrated Gas production is projected to be approximately 890 - 950 thousand boe/d in Q2 2025 [67] - Upstream production is expected to be around 1,560 - 1,760 thousand boe/d, reflecting the SPDC divestment [68]

Financial Data and Key Metrics Changes - The company reported adjusted EPS of $1.23 for Q1 2025, which is $0.02 higher than Q1 2024 and $0.03 above estimates [8] - Adjusted EPS estimate for Q2 2025 is $0.85 per share, reflecting a significant downside compared to Q2 2024 [10][21] - Weather-related impacts contributed $0.08 to year-over-year performance due to a milder Q1 2024 and a slightly colder Q1 2025 [9] Business Line Data and Key Metrics Changes - Retail electricity sales were down 0.3% year-over-year, primarily due to usage impacts on residential customers, partially offset by customer additions [10] - Data center sales increased by 11% year-over-year, while office buildings and the transportation sector saw increases of 4% each [11] - The company has a large load pipeline of over 50 gigawatts of potential incremental load by the mid-2030s, with 10 gigawatts already committed [11][12] Market Data and Key Metrics Changes - Economic development activity in the Southeast was robust, with over $11 billion in capital investment and more than 4,000 new jobs announced [11] - Unemployment rates and population growth in the service territories are better than national averages, indicating a strong economic position [11] Company Strategy and Development Direction - The company is focused on disciplined execution and maintaining affordability while navigating potential tariff impacts, estimating a 1% to 3% increase in costs [5][6] - Ongoing investments in existing fleet and modernization of facilities are part of the 2025 integrated resource plan [12] - The company aims to maintain strong investment-grade credit ratings while addressing $4 billion in equity needs over five years [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the financial outlook, emphasizing the resilience of the Southeast economy and customer growth in service territories [4][6] - The company does not expect a material impact from tariffs on its forecast and remains focused on disciplined execution [6] - Management highlighted the importance of regulatory frameworks and customer-centric business models in supporting reliable and affordable energy [7] Other Important Information - The board approved an 8¢ per share increase in the annual common dividend, marking the 24th consecutive annual increase [17] - The company is actively engaging with policymakers regarding tax credits and their benefits to customers [60] Q&A Session Summary Question: Clarification on Q2 EPS guidance - Management explained that the guidance reflects significant weather differentials and timing of transactions within the Georgia transmission system [21][22] Question: Update on Georgia Power load pipeline - The pipeline totals about 52 gigawatts, with 4 gigawatts contracted and 8 gigawatts committed, showing increased near-term interest [27][28] Question: Changes in data center activity following rate structure modifications - Management noted that it is early to assess customer reactions to the new tariff framework, but growth in the pipeline continues [78][81] Question: Feedback on RFPs and technology preferences - Management stated that they cannot disclose specifics about the RFP process but emphasized the all-source nature of the RFPs [84][86] Question: Dividend policy and future increases - Management indicated that dividend growth may remain modest due to significant financing needs, with reevaluation possible if capital opportunities change [111]

The Southern Company (SO) Q1 2025 Earnings Call May 01, 2025 01:00 PM ET Company Participants Gregory MacLeod - Director of Investor RelationsChris Womack - Chairman, President & CEODaniel Tucker - Executive VP & CFOCarly Davenport - Vice President, Equity ResearchNicholas Campanella - DirectorAndrew Weisel - DirectorDavid Arcaro - Executive Director, Equity ResearchDurgesh Chopra - Managing Director Conference Call Participants Julien Dumoulin-Smith - Research AnalystJeremy Tonet - ED - Equity Research Ana ...

Expect to place approximately $8.5 billion of projects into service in 2025, tracking to roughly 15 per cent under budget Announced $2.4 billion of new natural gas and nuclear power generation growth projects CALGARY, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its first quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, "As natural gas and electricity are forecasted to drive the major ...

Meta Earnings Presentation Q1 2025 investor.atmeta.com Advertising Revenue by User Geography In Millions $12,710 $14,131 $14,956 $17,784 $15,451 $16,593 $17,389 $20,982 $18,259 $6,269 $7,268 $7,721 $9,159 $8,327 $9,135 $9,358 $11,154 $9,527 $5,893 $6,435 $6,829 $7,316 $7,338 $7,721 $8,050 $9,012 $8,224 $3,229 $3,664 $4,137 $4,447 $4,519 $4,880 $5,088 $5,635 $5,382 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Rest of World Asia-Pacific Europe US & Canada $28,101 $31,498 $41,392 $33,643 $38,706 $35,6 ...

The oil and gas industry plays a vital role in the global economy, supplying the primary energy source for transportation, manufacturing, power generation and more. It involves the exploration, extraction, refining, transport, and sale of petroleum products. While the shift to renewables is accelerating, oil and gas remain indispensable due to their high energy density and established infrastructure. Devon Energy Corporation (DVN) and Occidental Petroleum Corporation (OXY) are major U.S. oil and gas produce ...

Hess Midstream (HESM) Q1 2025 Earnings Call April 30, 2025 12:00 PM ET Company Participants Jennifer Gordon - Director of Investor RelationsJohn Gatling - President & COOJonathan Stein - CFO, CRO, SVP - Strategy & PlanningEli Jossen - Equity Research Vice PresidentNaomi Marfatia - Associate Director - Equity ResearchDoug Irwin - Vice PresidentJohn Mackay - VP - Equity Research Conference Call Participants Praneeth Satish - Analyst Operator Good day, ladies and gentlemen, and welcome to the First Quarter twe ...