RENO, Nev., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (the “Company” or “Ormat”), a leading geothermal and renewable energy company, today announced that it plans to publish its third quarter financial results in a press release that will be issued on Monday, November 3, 2025, after the market closes. In conjunction with this report, the Company has scheduled a conference call to discuss the results at 09:00 a.m. ET on Tuesday, November 4, 2025. Participants within the United St ...

Mukah Solar Powerplant (MSPSB) has signed a power purchase agreement (PPA) with Syarikat Sesco Berhad that will see the development of a 100MW solar photovoltaic (PV) energy generation facility in Sarawak, Malaysia. MSPSB is a special purpose vehicle (SPV) co-owned by Solarvest Asset Management (Borneo) with a 60% equity share. Solarvest Asset Management (Borneo) is an indirect completely owned subsidiary of Solarvest. The remaining 40% in MSPSB is held by Press Metal Berhad, an indirect completely owne ...

Core Viewpoint - Brookfield Renewable is positioned as a leading source of sustainable dividend income, with strong growth potential and a commitment to increasing payouts over time [2][12]. Dividend Sustainability - Brookfield Renewable currently pays a quarterly dividend of $0.373 per share, amounting to an annual dividend of $1.492, with partnership units offering a higher yield of approximately 5.5% compared to 4.2% for corporate shares [3][4]. - The company’s dividend is supported by long-term power purchase agreements (PPAs) that cover about 90% of its power capacity, with an average remaining term of 14 years, indexing 70% of revenue to inflation [6]. Financial Strength - Brookfield Renewable maintains a strong investment-grade balance sheet, with robust liquidity of $4.5 billion as of the end of the second quarter, and employs a capital recycling strategy to replenish liquidity by selling mature assets [7]. - The company has achieved a compound annual dividend growth rate of 6% since 2001 and aims for a long-term payout increase of 5% to 9% per year [8]. Growth Opportunities - The company anticipates significant growth from new PPAs at higher rates as legacy agreements expire, including a notable 20-year deal with Google for 670 megawatts of hydroelectric capacity, projected to generate over $3 billion in future revenue [9]. - Brookfield plans to expand its development capabilities to achieve 10 GW of annual capacity additions by 2027, with secured PPAs for a substantial portion of this capacity, including a 10.5 GW project for Microsoft [10]. M&A and Future Projections - The company expects mergers and acquisitions, funded by capital recycling, to enhance its funds from operations (FFO) per share, including a recent investment of up to $1 billion to increase its stake in Isagen and participation in a $1.7 billion acquisition of National Grid Renewables [11]. - Brookfield Renewable is confident in delivering over 10% compound annual FFO per share growth through 2030, driven by various growth catalysts [11].

Core Insights - American Electric Power (AEP) is a significant entity in the energy sector, focusing on sustainable energy solutions and infrastructure improvements [1] - AEP is competing with major players like Duke Energy and NextEra Energy to maintain its market position [1] Financial Transactions - On October 2, 2025, Ferneau Kelly J, Executive Vice President of AEP, sold 1,006 shares at $112 each, retaining 5,676 shares [2] - Insider transactions can indicate varying levels of confidence regarding the company's future performance [2] Investment Strategy - AEP plans to invest $54 billion in upgrades and renewable projects by 2029, aiming for long-term earnings growth of 6-8% [2][3] - This investment aligns with global sustainability trends [3] Stock Performance - The current stock price of AEP is $114.69, reflecting a 1.08% increase, with a daily fluctuation between $113.34 and $114.77 [3] - Over the past year, AEP's stock has experienced volatility, ranging from a low of $89.91 to a high of $115.36 [4] - AEP's market capitalization is approximately $61.33 billion, indicating its substantial presence in the energy sector [4] - Today's trading volume is 750,829 shares, suggesting active investor interest [4]

Core Insights - American Electric Power Company, Inc. (AEP) is investing in infrastructure upgrades and expanding its renewable generation portfolio to enhance operational reliability and meet increasing customer demand [1][2] Investment Plans - AEP plans to allocate $54 billion towards electricity generation, transmission, and distribution, including renewable projects, from 2025 to 2029, aiming for a long-term earnings growth rate of 6-8% [2][8] - The company intends to invest approximately $34 billion in its transmission and distribution operations during the same period to build a more resilient grid [3] Renewable Energy Initiatives - In Q2 2025, AEP invested $1.4 billion to acquire three power plants, including solar and wind facilities, and secured approvals for 1,979 megawatts (MW) of renewable generation assets through $4.7 billion in investments [4][8] - AEP plans to allocate $9.9 billion towards regulated renewable growth between 2025 and 2029, significantly expanding its renewable generation portfolio [4] Operational Challenges - As of June 30, 2025, AEP reported a generating capacity of 24,400 MW, with 10,700 MW from coal-fired plants, and is assessing the impact of new Environmental Protection Agency regulations on its operations [5] - The company has $41.31 billion in long-term debt and $0.23 billion in cash equivalents, indicating a relatively weak solvency position [6][8] Stock Performance - AEP shares have increased by 13.1% over the past year, outperforming the industry growth of 8.3% [7]

Industry Overview - The Zacks Oil and Gas - Field Services industry provides support services to exploration and production companies, including well manufacturing, drilling equipment maintenance, and seismic testing [2] - The industry's performance is closely tied to upstream spending, with a shift towards liquefied natural gas (LNG) terminals creating new opportunities for some companies [2] Current Trends - The U.S. Energy Information Administration (EIA) projects a decline in the average price of West Texas Intermediate (WTI) crude oil, forecasting $64.16 per barrel for 2025 and $47.77 per barrel for 2026, which is expected to negatively impact exploration and production activities [3][4] - There is a trend of lower upstream spending as shareholders prefer capital returns over increased production, further reducing demand for oilfield services [4] - The growing demand for renewable energy is likely to diminish the need for traditional oilfield services as the world shifts towards cleaner energy sources [4] Market Performance - The Zacks Oil and Gas - Field Services industry has underperformed compared to the S&P 500 and the broader Zacks Oil - Energy sector, declining by 5.5% over the past year, while the S&P 500 rose by 20.5% and the broader sector grew by 1.8% [7] Valuation Metrics - The industry is currently trading at an EV/EBITDA ratio of 6.68X, significantly lower than the S&P 500's 18.65X and slightly higher than the sector's 5.11X [11] - Over the past five years, the industry's EV/EBITDA has ranged from a low of 1.60X to a high of 12.87X, with a median of 8.11X [11] Investment Opportunities - Archrock Inc (AROC) is recognized for its natural gas compression services and has secured long-term contracts that promise stable cash flows, currently holding a Zacks Rank of 2 (Buy) [14] - Core Laboratories (CLB) provides proprietary services for oil extraction and is focused on maximizing returns to shareholders, also holding a Zacks Rank of 2 [17][18] - TechnipFMC (FTI) is optimistic about increasing its subsea orders by over $10 billion this year, and it also carries a Zacks Rank of 2 [21]

Core Insights - Utility service providers are benefiting from increased electricity tariffs, accretive acquisitions, cost reductions, and energy-efficiency initiatives [1] - The transition to renewable energy sources and infrastructure resilience against adverse weather conditions are also contributing positively to the power business [1] Industry Overview - Utility companies in the U.S. are enhancing their infrastructure, which encompasses generation, transmission, distribution, storage, and sale of electricity [2] - The capital-intensive nature of utilities necessitates a steady stream of funding for new asset acquisitions and infrastructure improvements [3] Financial Environment - The Federal Reserve's recent interest rate reduction by 25 basis points to a range of 4-4.25% is expected to improve margins and profitability for capital-intensive utilities due to lower capital servicing expenses [3] Company Performance - Utility companies generally experience consistent revenue growth and profitability, allowing them to enhance shareholder value through regular dividend payments [4] - Dominion Energy has a market capitalization of $51.97 billion, while Exelon Corporation has $45.51 billion [6] Growth Projections - The Zacks Consensus Estimate for Dominion Energy's 2025 earnings is $3.39 per share on revenues of $15.24 billion, indicating a year-over-year bottom-line increase of 22.4% and a top-line improvement of 5.4% [7] - Exelon's 2025 earnings are estimated at $2.69 per share on revenues of $24.10 billion, reflecting year-over-year growth of 4.7% and 7.6% for top and bottom lines, respectively [7] Debt Position - Dominion Energy's debt-to-capital ratio is 60.03%, while Exelon's is 63.35%, both below the industry's average of 60.89% [8] - The times interest earned (TIE) ratio for Dominion Energy is 2.6, and for Exelon, it is 2.5, indicating sufficient financial flexibility to meet near-term interest obligations [9] Dividend Yield - Dominion Energy offers a dividend yield of 4.37%, surpassing Exelon's 3.56% and significantly higher than the Zacks S&P 500 composite average of 1.09% [10][11] Stock Performance - Over the past year, Dominion Energy's shares have increased by 4.9%, while Exelon's shares have risen by 11.8%, compared to the industry's growth of 8.8% [12] Investment Recommendation - Both Dominion Energy and Exelon are positioned as wise investments, with Dominion Energy favored due to better growth projections, debt management, and dividend yield [13]

Core Insights - California Governor Gavin Newsom signed Assembly Bill 30 (AB30), allowing a 15% ethanol blend in gasoline, which is expected to increase the ethanol market in California by over 600 million gallons per year [3][4]. Industry Impact - The approval of E15 is projected to decrease gasoline prices by $2.7 billion annually, saving consumers approximately 20 cents per gallon [3][4]. - The bill aims to enhance renewable energy and environmental goals while providing lower-cost, high-octane renewable fuel [4]. Company Developments - Aemetis, Inc. operates a 65 million gallon per year ethanol facility in California, which will benefit from the increased blending of ethanol into gasoline [5]. - Aemetis plans to invest $30 million in a mechanical vapor recompression (MVR) system to reduce natural gas usage by 80% at its Keyes plant, which is expected to improve cash flow from operations by $32 million annually after implementation in 2026 [6][7].

Core Insights - Aemetis, Inc. announced the signing of Assembly Bill 30 (AB30) by California Governor Gavin Newsom, allowing 15% ethanol blending in gasoline, which expands the potential market for ethanol in California by 50% [1][2] - A study indicates that the 15% ethanol blend could lead to a reduction in gasoline prices by $2.7 billion annually, saving consumers approximately 20 cents per gallon [1] - The approval of E15 is expected to provide cost savings, improve air quality, and enhance engine performance for California drivers [2] Company Operations - Aemetis operates a 65 million gallon per year ethanol facility in California's Central Valley, which will benefit from the increased blending of ethanol into gasoline [2] - The company is investing in a $30 million mechanical vapor recompression (MVR) system at its ethanol plant, projected to reduce natural gas usage by 80% and improve cash flow from operations by $32 million annually after implementation in 2026 [3] Industry Context - The approval of E15 in California aligns with the state's renewable energy and environmental goals, promoting lower-cost, high-octane renewable fuel while reducing emissions from conventional gasoline [2] - Other states have already experienced the benefits of E15, including healthier air and cost savings at the pump, indicating a positive trend for renewable fuel adoption [2]

Microsoft has expanded its renewable energy commitments in Japan through new agreements with Shizen Energy, adding 100 megawatts of long-term clean power. The latest batch of contracts includes three ... ...