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California Resources Corporation Reports Third Quarter 2025 Financial and Operating Results
Globenewswire· 2025-11-04 21:32
Raised Quarterly Dividend by 5% Early Redemption of All Remaining 2026 Senior Notes LONG BEACH, Calif, Nov. 04, 2025 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) (CRC) today reported financial and operating results for the third quarter of 2025. The Company plans to host a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, November 5, 2025. Conference call details can be found within this release. Third Quarter Highlights Reported net income of $64 million, adjusted net ...
BP Q3 Earnings Beat on Higher Oil Production, Revenues Rise Y/Y
ZACKS· 2025-11-04 19:46
Key Takeaways BP posted Q3 adjusted earnings of $0.85 per share, topping estimates and up from $0.83 last year.Revenue grew to $49.3B from $48.3B, driven by higher oil output and stronger refining margins.Oil production rose to 1,556 Mboe/d, while refining availability improved to 96.6% in the quarter.BP plc (BP) reported third-quarter 2025 adjusted earnings of 85 cents per American Depositary Share on a replacement-cost basis, excluding non-operating items. The figure beat the Zacks Consensus Estimate of 7 ...
SM Energy Beats on Q3 Earnings, Announces Merger With Civitas
ZACKS· 2025-11-04 14:45
Core Insights - SM Energy Company reported third-quarter 2025 adjusted earnings of $1.33 per share, exceeding the Zacks Consensus Estimate of $1.25, but down from $1.62 in the same quarter last year [1][8] - Total quarterly revenues reached $811.6 million, falling short of the Zacks Consensus Estimate of $838 million, yet showing an increase from $643.6 million year-over-year [1] Operational Performance - Production volume for the third quarter was 213.8 thousand barrels of oil equivalent per day (MBoe/d), a 26% increase from 170 MBoe/d a year ago, driven by higher oil-weighted production from Uinta Basin assets [3] - Oil production rose approximately 47% year-over-year to 113.9 MBbls/d, while natural gas production increased 11% to 418.2 million cubic feet per day [4] Realized Prices - The average realized price per Boe was $41.23, slightly up from $41.08 year-over-year, while the average realized oil price decreased 15% to $63.83 per barrel [5] - The average realized price of natural gas improved by 50% year-over-year to $2.19 per thousand cubic feet [5] Costs & Expenses - Unit lease operating expenses increased 20% year-over-year to $5.67 per Boe, while total hydrocarbon production expenses rose to $229 million from $148.4 million a year ago [6] - General and administrative expenses decreased by 11% to $2 per Boe [6] Capital Expenditures - Capital expenditures for the quarter totaled $397.7 million, with adjusted free cash flow amounting to $234.3 million [7] Balance Sheet - As of September 30, 2025, SM Energy had cash and cash equivalents of $162.3 million and a net debt of $2.57 billion [9] Guidance - For Q4 2025, production is expected to range between 206-212 MBoe/d, with oil contributing 52-53% [10] - Full-year 2025 net production volume is anticipated to be 207-208 MBoe/d, with capital expenditures updated to approximately $1.375-$1.395 billion [11] Merger Announcement - SM Energy announced a $12.8 billion all-stock merger with Civitas Resources, enhancing its asset portfolio [8][12] - The merger is expected to create a high-quality asset portfolio across productive U.S. shale basins, with annual synergies estimated at $200 million [13][14]
TotalEnergies Publishes Its Annual Report on Scenarios of the Global Energy System's Evolution
Businesswire· 2025-11-04 14:43
PARIS--(BUSINESS WIRE)--To bring its contribution to the public debate around the energy transition, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) publishes the 7th edition of its "TotalEnergies Energy Outlook", which presents an overview of the energy system and scenarios for its evolution up to 2050. (Documents available at this link). Access to energy is essential to meet development needs Today, there are still around 4.6 billion people that lack access to a level of energy that is deemed. ...
UL Solutions Inc.(ULS) - 2025 Q3 - Earnings Call Transcript
2025-11-04 14:32
UL Solutions (NYSE:ULS) Q3 2025 Earnings Call November 04, 2025 08:30 AM ET Company ParticipantsYijing Brentano - Head of Investor RelationsJennifer Scanlon - CEORyan Robinson - CFOConference Call ParticipantsAndrew Steinerman - Equity Research AnalystArthur Turslove - AnalystShlomo Rosenbaum - Research AnalystStephanie Moore - Research AnalystAnna Wu - AnalystAndrew Nicholas - AnalystJosh Chen - AnalystJohn Yoo - AnalystAndy Whitman - AnalystOperatorGood day and welcome to the UL Solutions Q3 2025 earnings ...
UL Solutions Inc.(ULS) - 2025 Q3 - Earnings Call Transcript
2025-11-04 14:32
UL Solutions (NYSE:ULS) Q3 2025 Earnings Call November 04, 2025 08:30 AM ET Company ParticipantsYijing Brentano - Head of Investor RelationsJennifer Scanlon - CEORyan Robinson - CFOConference Call ParticipantsAndrew Steinerman - Equity Research AnalystArthur Turslove - AnalystShlomo Rosenbaum - Research AnalystStephanie Moore - Research AnalystAnna Wu - AnalystAndrew Nicholas - AnalystJosh Chen - AnalystJohn Yoo - AnalystAndy Whitman - AnalystOperatorGood day and welcome to the UL Solutions Q3 2025 earnings ...
Enel Chile(ENIC) - 2025 Q3 - Earnings Call Transcript
2025-11-04 14:02
Enel Chile (NYSE:ENIC) Q3 2025 Earnings Call November 04, 2025 08:00 AM ET Company ParticipantsSimone Conticelli - CFOIsabela Klemes - Head of Investor RelationsOperatorGood morning, ladies and gentlemen, and welcome to Enel Chile third quarter and nine months 2025 results conference call. My name is Carmen, and I will be your operator for today. During this conference call, we may make statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act o ...
Enel Chile(ENIC) - 2025 Q3 - Earnings Call Transcript
2025-11-04 14:02
Enel Chile (NYSE:ENIC) Q3 2025 Earnings Call November 04, 2025 08:00 AM ET Company ParticipantsSimone Conticelli - CFOIsabela Klemes - Head of Investor RelationsOperatorGood morning, ladies and gentlemen, and welcome to Enel Chile Third Quarter and Nine Months 2025 Results Conference Call. My name is Carmen, and I will be your operator for today. During this conference call, we may make statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act o ...
Enel Chile(ENIC) - 2025 Q3 - Earnings Call Transcript
2025-11-04 14:00
Enel Chile (NYSE:ENIC) Q3 2025 Earnings Call November 04, 2025 08:00 AM ET Speaker1Good morning, ladies and gentlemen, and welcome to Enel Chile Third Quarter and Nine Months 2025 Results Conference Call. My name is Carmen, and I will be your operator for today. During this conference call, we may make statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect only our current expectations, are not ...
AI's 30% Power Surge To Ignite 'Historic' Energy Boom: Why These Energy Stocks And ETFs Are Set to Win - Alerian MLP ETF (ARCA:AMLP), Amazon.com (NASDAQ:AMZN)
Benzinga· 2025-11-04 11:21
A massive surge in global power demand, driven by the insatiable energy needs of artificial intelligence, is set to ignite what experts are calling a “historic energy transition.”Power Demand To Jump 30% By 2035Global power demand is projected to skyrocket by 30% by 2035, according to a recent analysis by The Kobeissi Letter. The primary catalyst for this surge is data centers, whose share of total power use is expected to more than double from its current 1.5% to 3.5% as AI adoption accelerates.This unprec ...