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CenterPoint Energy building the workforce of the future to implement $53 billion in long-term investments to support Houston's growth and critical resiliency work
Prnewswire· 2025-07-25 09:00
Core Points - CenterPoint Energy is accelerating hiring efforts to recruit 200 new lineworkers by the end of 2025 and nearly 800 by 2030 to support local energy demands and infrastructure investments [1][3] - The company is investing over $53 billion in local energy projects as part of its 10-year capital expenditure plan, which aims to enhance the resiliency of the coastal grid [1][2] - The local demand for electric workers in the Greater Houston area is projected to exceed 11,000 workers over the next five years, with energy demand expected to increase by nearly 50% by 2031 [3] Workforce Development Initiatives - CenterPoint is launching the Energy Expressway™ program, a free multi-week training initiative designed to equip participants with technical and customer service skills for careers in the energy industry [4] - The inaugural class of the Energy Expressway™ program will begin in October, with 35 applicants selected to support apprentice and journey lineworkers [4] - The workforce expansion is critical for implementing the 2026-2028 Systemwide Resiliency Plan, which aims to reduce outages for customers by nearly 1 billion minutes by 2029 [3] Company Overview - CenterPoint Energy, Inc. serves approximately 7 million metered customers across multiple states, including Texas, and has approximately $44 billion in assets as of June 30, 2025 [6] - The company has a long history of over 150 years in providing electric and natural gas services and employs around 8,300 individuals [6]
X @Avalanche🔺
Avalanche🔺· 2025-07-25 07:17
RT Avalanche Team1 (@AvaxTeam1)🔺Team1 Mini Grants India 🇮🇳We are excited to announce a new $100k 'Mini Grant Fund' to support builders and early stage projects in India.Currently, most grant support is aimed at more established projects and seasoned builders that meet a criteria for higher value amounts. Through Team1 Mini Grants, we aim to fill the gap and focus on early stage projects and the community builder who has a good idea.How many community members have good ideas that they never build or act on? ...
Abivax Announces Full Exercise of Underwriters’ Option to Purchase Additional ADSs, Bringing Gross Proceeds of Offering to $747.5M (€637.5M)
GlobeNewswire· 2025-07-25 06:00
Core Viewpoint - Abivax SA has successfully completed an offering of American Depositary Shares (ADSs), raising gross proceeds of approximately $747.5 million (€637.5 million) following the full exercise of the underwriters' option to purchase additional ADSs [1][2]. Group 1: Offering Details - The offering included a total of 11,679,400 ADSs, with gross proceeds of approximately $747.5 million (€637.5 million) and estimated net proceeds of around $700.3 million (€597.2 million) after deducting underwriting commissions and offering expenses [2]. - The offering price for the additional ADSs was set at $64.00 per ADS, which corresponds to €54.58 per ordinary share, reflecting a premium of 21.0% over the volume weighted average price of the ordinary shares in the preceding trading sessions [4]. Group 2: Use of Proceeds - The company intends to apply the net proceeds from the sale of the additional ADSs on a pro rata basis to the uses identified in the base offering [3]. Group 3: Company Overview - Abivax is a clinical-stage biotechnology company focused on developing therapeutics that modulate the immune response in patients with chronic inflammatory diseases, with its lead drug candidate, obefazimod (ABX464), currently in Phase 3 clinical trials for ulcerative colitis [7].
Comfort Systems Usa EPS Jumps 75 Percent
The Motley Fool· 2025-07-25 05:37
Comfort Systems Usa (FIX 2.72%), a major provider of mechanical and electrical contracting services in North America, reported its second quarter 2025 results on July 24, 2025. The headline figures: the company smashed Wall Street estimates, reporting GAAP earnings per share (EPS) of $6.53, compared to the expected $4.84, and GAAP revenue of $2.17 billion, well above the consensus forecast of $1.97 billion. Both revenue and net income saw double-digit year-over-year gains. The quarter was highlighted by rec ...
BW Energy: Invitation to Q2 2025 and half-year results presentation 01 August
GlobeNewswire News Room· 2025-07-25 05:30
Company Overview - BW Energy is a growth exploration and production (E&P) company with a strategy focused on proven offshore oil and gas reservoirs through low-risk phased developments [3] - The company has access to existing production facilities, which allows for reduced time to first oil and cash flow with lower investments compared to traditional offshore developments [3] Assets and Interests - BW Energy holds a 73.5% interest in the producing Dussafu Marine licence offshore Gabon, a 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, and a 95% interest in the Kudu field in Namibia, all operated by BW Energy [3] - The company also owns approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (PEL 73) in Namibia [3] Reserves and Resources - Total net 2P+2C reserves and resources were reported to be 599 million barrels of oil equivalent at the start of 2025 [3] Upcoming Events - BW Energy will release its second quarter and half-year 2025 results on August 1, 2025, at 07:00 CEST, followed by a conference call at 14:00 CEST hosted by CEO Carl K. Arnet and CFO Brice Morlot [1]
BW Energy: Invitation to Q2 2025 and half-year results presentation 01 August 
Globenewswire· 2025-07-25 05:30
Group 1 - BW Energy will release its second quarter and half-year 2025 results on August 1, 2025, at 07:00 CEST, followed by a conference call at 14:00 CEST hosted by CEO Carl K. Arnet and CFO Brice Morlot [1] - The conference call can be accessed via various international dial-in numbers, with a specific conference code provided for participants [2] - BW Energy is a growth exploration and production (E&P) company focusing on proven offshore oil and gas reservoirs through low-risk phased developments, with significant interests in various fields and licenses [3] Group 2 - The company holds a 73.5% interest in the producing Dussafu Marine license offshore Gabon, a 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, and a 95% interest in the Kudu field in Namibia [3] - BW Energy's total net 2P+2C reserves and resources were reported to be 599 million barrels of oil equivalent at the start of 2025 [3]
Dreadnought Resources (DRE) Conference Transcript
2025-07-25 03:45
Dreadnought Resources (DRE) Conference July 24, 2025 10:45 PM ET Speaker0Excellent. Lucky last, Mike. That was a great presentation, but clearly, they wanted to save the best for last. So certainly looking forward. Greatly appreciate everyone being here today and hanging around.As I've as I've said before and and as I'll as I'll say every single time, I'm as long as I'm in this industry, every junior resource company and every investor in a junior resource company should have the same objective in mind. Tha ...
Astral Resources NL (AAR) Conference Transcript
2025-07-25 02:45
Astral Resources NL (AAR) Conference July 24, 2025 09:45 PM ET Speaker0Thank you for that introduction. We are a gold exploration development company, and our assets are in WA. So this story is very simple. The project is compelling, and absolutely so are the financials. Now given this is the third day and I'm in the last session of this three day conference, I will try to just start with a thirty second elevator pitch.1,800,000.0 ounces in resource, three emerging hubs. The new ounces, 1,500,000 ounces of ...
Carnaby Resources (CNB) Conference Transcript
2025-07-25 02:15
Carnaby Resources (CNB) Conference July 24, 2025 09:15 PM ET Speaker0Thanks. Thanks, Amy. And it's great to be presenting again at Noosa this year. They can't be resources. We'll get straight into it.Just a snapshot corporate snapshot. Couple of things I'd point out there is our is our you know, the board of management are heavily invested in in this company. We have top 20 shareholders, which include the three biggest miners in the world, Glencore, BHP and Rio Tinto. And I think that speaks to the the qual ...
Astral Resources NL (AAR) Earnings Call Presentation
2025-07-25 01:45
Project Overview - Astral Resources is advancing the Mandilla project towards a multi-decade gold mining development with a target of 100,000 ounces per annum (kozpa)[1] - The project is located in the Kalgoorlie goldfields of Western Australia[23] - The company has a Mineral Resource inventory of 1.8 million ounces (Moz) and a Probable Reserve of 1.1 Moz[23] Financial Highlights (Pre-Feasibility Study - PFS) - The PFS demonstrates positive financial outcomes at a gold price of A$4,250/oz, including a pre-tax Net Present Value (NPV8) of A$1.4 billion and pre-tax free cash flow of A$2.8 billion[29] - The PFS indicates a payback period of approximately 12 months at a gold price of A$4,250/oz[29] - At a higher gold price of A$5,000/oz, the pre-tax NPV8 increases to A$2.0 billion and pre-tax free cash flow to A$3.9 billion, with a payback period of approximately 9 months[29] - The All-in Sustaining Cost (AISC) is projected to be A$2,085/oz over the Life of Mine (LOM) at a gold price of A$4,250/oz[34] Resources and Reserves - The Theia deposit represents 81% of the Mandilla Mineral Resource Estimate (MRE), containing 1.2 Moz of gold[44] - 95% of the Mandilla MRE converted into the PFS production target[40] - 86% of the Feysville MRE converted into the PFS production target (excluding Think Big fresh)[40] - The total Ore Reserve is estimated at 36.6 million tonnes (Mt) at 0.9 g/t Au for 1.082 Moz[64]