Loan Interest Revenue up 31% and Recurring Free Cash Flow up 88% in the yearTORONTO, May 01, 2025 (GLOBE NEWSWIRE) -- Flow Capital Corp. (TSXV:FW), a leading provider of flexible growth capital and alternative debt solutions, announces its unaudited financial and operating results for the for the three-months (Q4 2024) and year ended December 31, 2024. Q4 2024 Performance Highlights 44% increase in Loan Interest Revenue to $2.7 million. 61% increase in Recurring Free Cash Flow to $545,591 $0.018 in Recurr ...

First quarter 2025 earnings per share of $1.33Inland marine experienced improved market conditions with a sequential increase in spot market prices and operating margins around 20% despite an increase in delay daysKirby repurchased 1,258,031 shares at an average price of $99.16 for $124.7 million year-to-date through April 30, 2025Acquired 14 barges, including four specialty barges, and four high horsepower boats from undisclosed seller for $97.3 millionQuarterly earnings and free cash flow expected to stre ...

HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Targa Resources Corp. (NYSE: TRGP) (“TRGP,” the “Company” or “Targa”) today reported first quarter 2025 results. First quarter 2025 net income attributable to Targa Resources Corp. was $270.5 million compared to $275.2 million for the first quarter of 2024. The Company reported adjusted earnings before interest, income taxes, depreciation and amortization, and other non-cash items (“adjusted EBITDA”)(1) of $1,178.5 million for the first quarter of 2025 compared to $ ...

Group 1 - Antero Midstream (NYSE: AM) is reporting better results than previously anticipated, particularly in terms of free cash flow, which has allowed the company to repurchase common stock [2] - The oil and gas industry is characterized as a boom-bust, cyclical sector, requiring patience and experience for successful investment [2] Group 2 - The analysis provided in the article focuses on the balance sheet, competitive position, and development prospects of oil and gas companies, highlighting the search for undervalued names in the sector [1]

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 ...

Financial Data and Key Metrics Changes - Revenue from operations for Q1 2025 was $736 million, a slight increase of $6 million or 1% from the previous quarter [40] - Total adjusted EBITDA for the quarter was $206.3 million, down from $220.5 million in the fourth quarter, reflecting a decline of $14 million [45][46] - U.S. drilling revenue decreased by $11 million or 4.5% sequentially to $231 million [41] - Average daily rig margins in the Lower 48 came in just under $14,300, down $660 or 4% from the fourth quarter [47] Business Line Data and Key Metrics Changes - The international drilling segment generated revenue of $382 million, an increase of $10.3 million or 3% from the prior quarter, driven by activity increases in key markets [44] - Drilling Solutions revenue increased by $17.2 million or 22.6% to $93.2 million, benefiting from the addition of Parker operations [44][52] - Rig Technologies segment revenue declined by $12 million sequentially to $44.2 million, primarily due to lower capital equipment deliveries in the Middle East [45] Market Data and Key Metrics Changes - The Lower 48 market average quarterly rig count remained stable, with Nabors exiting Q1 with 62 rigs operating [41][39] - The international rig count increased slightly from 84.8 to 85 rigs during the quarter, aided by Parker's contribution [44] - The survey of 14 operators indicated a projected 4% reduction in rig count from the end of Q1 through the end of 2025 [29] Company Strategy and Development Direction - The company is focused on achieving $40 million in cost synergies from the Parker acquisition during 2025 [6][31] - There is a strategic emphasis on international markets, particularly in Saudi Arabia and Kuwait, where new rigs are expected to contribute positively to earnings [19][50] - The company aims to reduce debt and improve free cash flow, with a target of generating free cash in 2025 despite cash consumption [28][54] Management's Comments on Operating Environment and Future Outlook - Management noted that the macro environment is challenging due to OPEC+ output adjustments and high U.S. shale production, but there are signs of recovery in natural gas activity [7][8] - The company expects a slight increase in rig count in Q2, driven by deployments in Saudi Arabia and Kuwait [39] - Management expressed confidence in the company's ability to navigate through short-term disruptions while positioning for future growth [59] Other Important Information - The company suspended operations in Russia due to U.S. sanctions and does not expect to resume activities there [11][38] - The company has made significant progress in capturing planned synergies from the Parker acquisition, with a focus on corporate cost reductions [57][80] Q&A Session Summary Question: Has the company started accruing any debt in the SANAD joint venture? - Management confirmed that there is no current plan to accrue debt in the SANAD joint venture [64] Question: Is Saudi Aramco finished with rig releases, or are more expected this quarter? - Management provided details on rig suspensions and additions, indicating a wait-and-see approach regarding future releases [65][66] Question: Which business segment is most affected by tariffs? - Management indicated that the impact of tariffs is more significant on spare parts and pumps rather than drill pipe, with mitigation strategies in place [72] Question: How does the company view the potential for an IPO of SANAD? - Management acknowledged that an IPO is a potential path for value realization, especially given the attractive valuations in the Middle East [77] Question: What is the expected corporate run rate for the second quarter with Parker's full contribution? - Management indicated that Parker's contribution should be in the mid-40s for the second quarter, with ongoing synergy capture [90]

Ranger Energy Services (RNGR) Q1 2025 Earnings Call April 30, 2025 10:00 AM ET Company Participants Joe Mease - VP - FinanceStuart Bodden - President & Chief Executive OfficerMelissa Cougle - EVP & CFOJohn Daniel - Founder & President Conference Call Participants Don Crist - Senior Research Analyst Operator Good day, and welcome to the Ranger Energy First Quarter of twenty twenty five Conference Call. All participants will be in a listen only mode for the duration of the call. After today's presentation, th ...

The Timken Company (TKR) Q1 2025 Earnings Call April 30, 2025 11:00 AM ET Speaker0 Good morning. My name is Emily, and I will be your conference operator today. At this time, I would like to welcome everyone to Timken's First Quarter Earnings Release Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. Thank you. Mr. You may begin your conference. Speaker1 Thank you, operator, and welcome, everyone, to ...

Ranger Energy Services (RNGR) Q1 2025 Earnings Call April 30, 2025 10:00 AM ET Speaker0 Good day, and welcome to the Ranger Energy First Quarter of twenty twenty five Conference Call. All participants will be in a listen only mode for the duration of the call. After today's presentation, there will be an opportunity to ask questions. Also, please be aware that today's call is being recorded. I would now like to turn the call over to Joe Meese, Vice President of Finance. Please go ahead, sir. Speaker1 Thank ...

Constellium (CSTM) Q1 2025 Earnings Call April 30, 2025 10:00 AM ET Speaker0 Good morning or good afternoon, all, and welcome to the Constellium First Quarter twenty twenty five Results Call. My name is Adam, and I'll be your operator today. I will now hand over to Jason Hirschweizer, Director of Investor Relations, begin. So Jason, please go ahead. Speaker1 Thank you, Adam. I would like to welcome everyone to our first quarter twenty twenty five earnings call. On the call today, we have our Chief Executive ...