Mr. Selby continued, "We look forward to working with the government and the Major Projects Office to unlock the financing and permitting necessary to break ground and begin construction on the project by the end of next year. With aligned federal and provincial support, our experienced management team can continue to advance development of Crawford and unlock the Timmins Nickel District as an important secure, domestic supply of critical minerals – nickel, cobalt, and North America's only domestic source o ...

Financial Performance & Shareholder Returns - Chevron aims to grow free cash flow at a 10% compound annual growth rate [3] - At a $70 oil price, Chevron could return 45% of its market cap to shareholders over the next 5 years through dividends and share repurchases [4] - Earnings per share growth is expected to be better than 10% annually if Brent stays above $70 through 2030 [4] - Break-even point to cover capital spending and dividends is below $50 [7] - Free cash flow is expected to triple from 2024 to 2026 at a $60 oil price [7] Production & Capital Expenditure - Production is growing at a 2% to 3% compound annual growth rate [9] - Capital expenditure is being reduced to a range of $18 billion to $21 billion per year through 2030 [8] - An additional $1 billion in cost cuts has been announced [9] - Synergies on the Hess transaction have been increased by 50% from $1 billion to $15 billion [9] Market Outlook & Strategy - The International Energy Agency's updated report shows demand for oil and gas growing to 2050 [13][14] - Chevron is in discussions to build data centers powered by natural gas, targeting large customers and off-grid power generation [19][20][21][22]

Chevron hosting its investor day right here in New York today and joining us ahead of that is Mike Worth. He is Chevron's chairman and CEO. Mike, thank you for coming into set today.Um there are a lot of things that Wall Street wants to hear from you today. I I think they're looking at updates on the Hess acquisition that was announced in July and really your plans for growth because six months ago people would look at it and say there's not a lot of places for growth, but the the the table has changed dras ...

THIRD QUARTER EARNINGS CALL NOVEMBER 11, 2025 OXY Cautionary statements Forward-Looking Statements This presentation contains "forward"-doking datements" withint temaning of the "safe factor" frouslisones of the Private Securities Libradition subt od initied to statemen (Ocodential ar Cav ) excectations, belefo; stars or for or of obsings statements in oly e estimates, expectains, probections, probections, robas and unertrianties. Actual seults, screetines materially: Forward-trading and dther strements reg ...

Financial Data and Key Metrics Changes - Adjusted EBITDA increased by 58% compared to Q3 2024, while operating income surged by 315% year-over-year [5] - Consolidated revenues for Q3 2025 were $149 million, roughly in line with Q3 2024 [11] - Adjusted EBITDA for Q3 2025 was $12.6 million, up from $8 million in Q3 2024, exceeding street expectations [12] Business Line Data and Key Metrics Changes - Global parts and services revenue reached $68.4 million in Q3 2025, compared to $61.7 million in Q3 2024, driven by increased electricity demand from fossil fuels [11] - The backlog rose by 56% quarter-over-quarter to over $393 million, reflecting strong demand for projects, upgrades, and construction [5] Market Data and Key Metrics Changes - The company is experiencing increasing demand for power generation in North America, particularly due to the needs of AI data centers and industrial utilities [4][6] - The company anticipates a significant growth in EBITDA for 2026, projecting a range of $70 million to $85 million, representing an 80% increase year-over-year from 2025 [6][12] Company Strategy and Development Direction - The company is focusing on expanding its global parts and services business while divesting non-core assets to reduce debt [4] - Babcock & Wilcox is positioning itself to support AI data center expansion and increased baseload generation needs [4] - The company is pursuing opportunities in the AI data center space, with a potential pipeline of $3 to $5 billion in projects [9][26] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's growth prospects, citing improved margins and a strong backlog [5][6] - The company is in discussions for several AI data center projects, which are expected to drive higher power demands [6][9] - Management highlighted the importance of proven technology in reducing project risks and ensuring timely execution [43] Other Important Information - The company has improved its balance sheet significantly, with total debt at $379.3 million as of September 30, 2025 [12] - Recent equity raises have strengthened the balance sheet, allowing for the planned paydown of bonds due in 2026 [13] Q&A Session Summary Question: Can you discuss the $1.5 billion project and its potential contribution? - Management is working with Applied Digital to finalize project details and anticipates a full notice to proceed in the coming months, with minimal engineering required due to the use of proven technology [19][20] Question: What is the status of the additional pipeline opportunities? - Management indicated that the pipeline has grown to $3 to $5 billion, with several projects in various stages of maturity expected to move forward within the next year [26][27] Question: What is the company's capacity for the power generation segment? - Management stated that they are evaluating internal and external manufacturing capacities and are confident in their ability to meet demand for boiler fabrication and steam turbine supply [29][30]

COMPANY OVERVIEW November 2025 BABCOCK & WILCOX ENTERPRISES, INC. 1 © 2025 Babcock & Wilcox Enterprises, Inc. All rights reserved. IMPORTANT INFORMATION Safe Harbor Statement Babcock & Wilcox Enterprises, Inc. ("B&W Enterprises" or "B&W") cautions that this presentation contains forward-looking statements within the meaning of federal securities laws. All statements other than statements of historical or current fact included in this presentation are forward-looking statements, including, without limitation ...

Core Viewpoint - Natural Resource Partners L.P. (NRP) reported a decline in net income and revenues for Q3 2025, reflecting challenges in the coal and soda ash markets, while maintaining a focus on deleveraging and free cash flow generation [2][12][14]. Financial Performance - NRP's net income for Q3 2025 was $30.9 million, down 20% from $38.6 million a year earlier [2] - Total revenues fell 17% to $49.9 million from $60.3 million in the prior-year quarter [2] - Basic earnings per common unit decreased to $2.31 from $2.55 [2] - Operating cash flow was $41.1 million compared to $54.1 million in Q3 2024 [2] - Free cash flow decreased 24% year over year to $41.8 million from $54.8 million [2] Segment Performance - **Mineral Rights Segment**: Net income rose slightly to $40.9 million from $40.6 million, but operating and free cash flows decreased due to lower metallurgical coal sales prices and volumes [3] - **Coal Royalty Revenues**: Dropped approximately 9% to $34.2 million, with average royalty revenue per ton declining to $4.51 from $5.24, attributed to weak global steel demand and low natural gas prices [4] - **Soda Ash Segment**: Net income fell by $10.5 million due to lower international sales prices, with no distributions received from the joint venture Sisecam Wyoming LLC in Q3 [5][6] Management Commentary - Management highlighted the ongoing depressed market conditions for coal, soda ash, and carbon-neutral ventures, yet emphasized the generation of substantial free cash flow [8] - The global soda ash market is described as oversupplied, with prices at or below production costs for many operators [6] - The company is focused on maintaining a conservative capital management approach and has made significant progress in deleveraging [11] Guidance & Outlook - NRP anticipates continued weakness in coal and soda ash markets through 2026 but expects to remain free cash flow positive [14] - The long-term goal is to achieve a "fortress balance sheet" with no permanent debt and at least $30 million in cash reserves [15] Other Developments - NRP maintained its quarterly cash distribution of 75 cents per common unit, payable on November 25, 2025 [16] - The company is diversifying by leasing acreage for lithium production in the Smackover formation, indicating a shift beyond its traditional coal and soda ash businesses [17]

November 2025 Enerflex Ltd. Corporate Presentation All amounts presented in US Dollars unless otherwise stated Transforming Energy for a Sustainable Future North America Latin America Eastern Hemisphere Enerflex Geographies Enerflex Key Offices Enerflex Manufacturing Facility TSX / NYSE EFX / EFXT Annual dividend CAD$0.17/sh Market Cap (1) US$1.5 B Dividend Yield (1) 1.0% Operating Years 45 Employees ~4,400 Core Countries (2) 7 BOOM Projects (3) 24 1) Based on an EFXT closing share price of $12.65 as of Nov ...

Financial Performance - Q3 2025 Adjusted EBITDA was $384 billion[7] - Excluding non-recurring items, Adjusted EBITDA was flat compared to Q3 2024 of $396 billion[7] - Distributable Cash Flow attributable to partners was $190 billion in Q3 2025[7] - YTD 2025 Growth Capital Expenditures were $31 billion and Maintenance Capital Expenditures were $711 million[7] - 2025 Expected Growth Capital is ~$46 billion, down from ~$50 billion[7] Operational Highlights - Total NGL exports increased by 13%, setting a new partnership record[7] - NGL transportation volumes increased by 11%, setting a new partnership record[7] - NGL and refined products terminal volumes increased by 10%, setting a new partnership record[7] - Midstream gathered volumes increased by 3%, setting a new partnership record[7] - Interstate natural gas transportation up 8%[7] - Intrastate natural gas transportation up 5%[7] Strategic Initiatives - Announced the 15 Bcf/d Desert Southwest expansion project, including a 516-mile natural gas pipeline[7] - Reached positive FID on the construction of a new storage cavern at Bethel natural gas storage facility, doubling capacity to over 12 Bcf[7]

Core Insights - Amplify Energy Corp. has announced updates on its strategic initiatives and financial results for Q3 2025, focusing on divesting assets and improving financial health [1][2][3] Strategic Initiatives Update - The company has entered into agreements to divest its Oklahoma and East Texas assets for a total of $220 million, with one transaction already closed and the others expected to close in Q4 2025 [2][3] - Proceeds from these asset transactions will be used to pay down debt and accelerate development at the Beta site, while also reducing future general and administrative costs [3][4] Financial Performance - In Q3 2025, Amplify reported a net loss of $21 million, a significant decrease from a net income of $6.4 million in the previous quarter, primarily due to an impairment charge [6][8] - Adjusted EBITDA for the quarter was $20.3 million, a 7% increase from the prior quarter, driven by lower lease operating expenses [7][8] - Average daily production increased to 19.7 MBoepd, up from 19.1 MBoepd in the previous quarter, despite the divestiture of Eagle Ford assets [10][12] Production and Operations - The company successfully drilled two additional wells at Beta, with the C08 well achieving an initial production rate of approximately 550 Bopd, significantly exceeding expectations [5][22] - The Beta development program has resulted in a 40% increase in production since early 2024, with all five recently completed wells expected to generate internal rates of return greater than 100% at $65 WTI oil prices [23][24] Cost Management - Lease operating expenses decreased to $35.6 million in Q3 2025, down from $38.6 million in the previous quarter, reflecting a cost reduction strategy [15][18] - The company anticipates further reductions in lease operating expenses due to new CO2 purchase contracts and energy efficiency improvements at the Bairoil facility [15][26] Capital Investment - Cash capital investment for Q3 2025 was approximately $17.5 million, with a focus on development drilling and facility projects at Beta [20][21] - The company plans to invest between $8 million and $12 million in Q4 2025, primarily at Beta [20] Hedging Strategy - Amplify maintains a robust hedge book to support cash flow, recently adding crude oil swaps for portions of 2026 and 2027 at a weighted average price of $62.29 [28][29]