Toronto, Ontario--(Newsfile Corp. - January 8, 2026) - Stakeholder Gold Corp. (TSXV: SRC) (OTCQB: SKHRF) (WKN: A2QEP1) ("Stakeholder" or the "Company") is pleased to announce that the Company has received approval to trade on the OTCQB Venture Market (OTCQB) in the United States and that its common shares are now actively trading under the symbol SKHRF.The OTCQB Venture Market is recognized as a premier marketplace for early-stage and developing companies that meet high financial reporting standards and pr ...

Something beyond this stock's recent performance has drawn one fund's big backing.Denver-based Sourcerock Group increased its stake in California Resources Corporation (CRC +1.70%) by 1.18 million shares in the third quarter, contributing to a net position change of $77.77 million, according to a November 14 SEC filing.What HappenedSourcerock Group disclosed an increased position in California Resources Corporation (CRC +1.70%), adding 1.18 million shares for a total holding of 3.18 million shares, accordin ...

Core Viewpoint - Compass Diversified has amended its credit agreement to restore full access to a $100 million revolving credit facility, enhancing its financial capacity and flexibility to manage leverage and cash flow generation [1][2][3] Financial Capacity - The Amendment allows Compass Diversified and its subsidiaries to effectively continue operations by providing access to a $100 million revolving credit facility [2] - The Amendment also introduces additional covenant flexibility, which is crucial for the company's strategy to reduce leverage through cash flow generation and other strategic actions [2] Management Commentary - The CEO of Compass Diversified emphasized the importance of the Amendment as a reflection of the support from senior secured lenders and a proactive approach to capital structure management [3] - The company remains focused on cash flow generation, disciplined capital allocation, and operational execution across its subsidiaries to drive long-term shareholder value [3] Strategic Focus - The Amendment aligns with the company's long-term financial objectives and strategy, prioritizing cash flow generation and operational execution [3]

Canada's Imperial Oil said on Monday it plans to increase capital spending and upstream production in 2026 as it doubles down on higher-return oil sands projects, aiming to lower costs and generate st... ...

Core Insights - Chevron Corporation (CVX) is facing fundamental commodity cycle headwinds as it approaches 2026, but it is better prepared to handle cyclicality this time around [1] - The company is expected to experience organic production growth and revived cash flow generation, with positive developments from an earlier-than-expected Hess synergy anticipated in Q3 2025 [1] Group 1 - Chevron is navigating through a challenging commodity cycle but has improved its preparedness compared to previous cycles [1] - The company is focusing on organic production growth, which is crucial for maintaining its competitive edge [1] - Cash flow generation is being revitalized, indicating a stronger financial position moving forward [1] Group 2 - The synergy from the Hess acquisition is expected to yield benefits sooner than initially projected, specifically in Q3 2025 [1]

Core Insights - Diversified Energy Company PLC reported strong financial and operational results for Q3 2025, with a significant year-over-year increase in revenue and free cash flow, demonstrating the effectiveness of its cash-generative business model [1][10][11] Financial Performance - Total revenue for Q3 2025 reached $500 million, a 105% increase compared to $244 million in Q3 2024 [3] - Adjusted EBITDA for Q3 2025 was $286 million, up 149% from $115 million in Q3 2024, marking a record quarterly result [3][6] - Adjusted free cash flow for Q3 2025 was $144 million, a 157% increase from $56 million in Q3 2024 [3][6] Production Metrics - Average production for Q3 2025 was 1,127 MMcfepd, a 36% increase from 829 MMcfepd in Q3 2024 [3] - The production volume mix consisted of 74% natural gas, 13% NGLs, and 13% oil [3][6] Shareholder Returns - The company returned approximately $146 million to shareholders year-to-date through dividends and share repurchases [1][7] - A dividend of $0.29 per share was declared for Q3 2025 [7] Strategic Initiatives - Diversified announced a partnership to establish a financial assurance fund for the retirement of its owned wells in West Virginia, enhancing its operational strategy [5] - The company has raised its financial guidance for 2025, increasing the target for adjusted EBITDA by approximately 7% and adjusted free cash flow by about 5% [19][13] Debt and Liquidity - The leverage ratio improved to 2.4x net debt to adjusted EBITDA, reflecting a 20% improvement from year-end 2024 [7][11] - The company maintains strong liquidity with approximately $440 million available, consisting of undrawn credit facility capacity and unrestricted cash [7] Operational Efficiency - The company achieved an adjusted EBITDA margin of 66% in Q3 2025, compared to 48% in Q3 2024, indicating improved operational efficiency [17][51] - Total operating expenses per unit were $1.86/Mcfe, with an adjusted operating cost per unit of $2.08/Mcfe [17][18]

Core Viewpoint - Hess Midstream LP has revised its financial and operational outlook for the upcoming years due to a slowdown in drilling activity by Chevron in the Bakken region, projecting oil throughput volumes to plateau while gas throughput is expected to grow through 2027 [1][2]. Financial Outlook - The company anticipates Chevron will reduce its rig count in the Bakken from four to three by the fourth quarter of 2025, leading to a plateau in oil throughput volumes in 2026 [2]. - Adjusted EBITDA for 2026 is projected to be flat compared to 2025, with growth expected to resume in 2027 driven by increasing gas volumes and inflation-linked provisions in commercial contracts [3]. - The long-term leverage target remains at three times Adjusted EBITDA, with capital spending reduced due to the removal of the Capa gas plant project from the forward plan [4]. Capital Return Strategy - Hess Midstream aims for targeted annual distribution growth of at least 5% through 2027, with flexibility for potential share repurchases as part of incremental shareholder returns [5]. - Lower capital expenditures combined with EBITDA growth in 2027 are expected to result in higher adjusted free cash flow [4]. Gas Throughput Guidance - For 2025, the company has cut its full-year gas throughput guidance due to adverse weather, scheduled maintenance, and reduced third-party volumes [5]. - Gas gathering volumes are now expected to average between 455 and 465 million cubic feet (MMcf) per day, while gas processing volumes are projected between 440 and 450 MMcf per day, down from earlier expectations [6].

Core Viewpoint - EXEL Industries reported a decline in revenue and recurring EBITDA for the first half of 2024-2025, primarily due to lower volumes in Agricultural Spraying, while maintaining a focus on debt reduction and cash flow optimization [5][13]. Financial Performance - Revenue for the first half of 2024-2025 was €443.4 million, down 10.0% from €492.7 million in the same period of 2023-2024 [5][6]. - Recurring EBITDA decreased to €20.3 million, representing 4.6% of revenue, compared to 6.2% in the previous year [7][5]. - Net income was €1.5 million, a decline from €4.7 million in the first half of 2023-2024 [7][5]. Debt and Cash Flow Management - The Group's net financial debt improved by €38 million, standing at €174.5 million compared to €212.7 million in the previous year, due to efforts in reducing working capital requirements (WCR) and inventory levels [9][5]. - Despite a negative change in WCR of €30 million, the Group's focus on cash flow generation and debt reduction remains a priority [9][13]. Segment Performance - Agricultural Spraying revenue fell by €53.4 million, or 21.5%, reflecting a significant decline in volumes [4][6]. - Other segments, such as Sugar Beet and Industrial Spraying, showed stable or slight growth, with Sugar Beet revenue remaining relatively unchanged [4][6]. Future Outlook - Order intake in Agricultural Spraying is showing limited visibility but signs of recovery in Europe, while market conditions for Sugar Beet Harvesting remain uncertain [12][15]. - The Group plans to continue aligning production capacities and cost structures with business levels in response to lower volumes [15][12]. Investment and Capex - Capital expenditures (Capex) amounted to €15.6 million, including ongoing construction of a new plant in Stains, France [10].

Core Insights - Vallourec reported strong first quarter 2025 results, achieving a Group EBITDA of €207 million with a 21% EBITDA margin, despite a 3% sequential decline [5][8] - The company anticipates a second quarter 2025 Group EBITDA between €170 million and €200 million, with expected improvement in the second half of 2025 compared to the first half [4][5] Financial Performance - Group revenues for Q1 2025 were €991 million, a decrease of €74 million from Q4 2024, but an increase of €1 million year-over-year [8] - Tubes volume sold was 314,000 tonnes, down from 362,000 tonnes in Q4 2024, but up 21% year-over-year [8] - Iron ore volume sold reached 1.6 million tonnes, an increase of 0.26 million tonnes sequentially and 0.2 million tonnes year-over-year [8] - Adjusted free cash flow was €168 million, with total cash generation of €104 million, improving the net cash position to €112 million, up €91 million sequentially [5][8] Market Position and Strategy - The company has focused on premium products and has established strong positions with global national oil companies and resilient independent US producers [7] - International bookings continued to show strong momentum, supporting expectations for improved profitability in the second half of 2025 [6][7] - US market prices have been on an upward trend, although they have not yet fully reflected the impact of recently announced tariffs [6] Future Outlook - The company expects Tubes EBITDA per tonne to remain flat to slightly higher sequentially, with volumes anticipated to be flat to slightly down [5] - In the Mine & Forest segment, production sold is expected to be around 1.5 million tonnes, with profitability dependent on prevailing iron ore market prices [5] - The company is well-positioned to navigate market changes due to substantial operational changes made over the past three years [7][8]

Financial Data and Key Metrics Changes - First quarter revenues decreased by 0.6% year-over-year but grew approximately 1% when adjusted for foreign exchange [28] - Adjusted EBITDA for the quarter was $39.3 million, representing 11.1% of sales, down from 12.2% in the same quarter last year [28] - Adjusted diluted earnings per share decreased to $0.51 from $0.62 year-over-year [29] Business Line Data and Key Metrics Changes - Automotive Climate and Comfort Solutions revenue increased by 3.8% year-over-year or 5.3% when excluding foreign exchange effects, driven by strong growth in lumbar and massage comfort solutions [28] - Medical segment revenues increased by 6% year-over-year when adjusted for foreign exchange, primarily due to growth in Europe [28] Market Data and Key Metrics Changes - The outlook for 2025 annual volumes has declined by 2% compared to previous reports, with a notable 10% decline expected in North America, which constitutes about 40% of the company's business [9][33] - The company is closely monitoring dealer inventory levels and customer demand schedules to adapt to market changes [9] Company Strategy and Development Direction - The company is focused on expanding revenue while increasing margins and cash flow, with a strategic emphasis on scaling four core technology platforms: thermal management, air moving devices, pneumatic solutions, and valve systems [12][36] - The company is actively pursuing opportunities in adjacent markets, particularly in the medical sector, leveraging existing technologies without significant incremental investments [15][16] Management's Comments on Operating Environment and Future Outlook - Management acknowledged increased economic uncertainty due to tariffs but expressed confidence in the company's ability to mitigate impacts and maintain a strong balance sheet [6][10] - The company is committed to driving profitable growth and operational excellence, with plans to optimize production across regions [18][20] Other Important Information - The company received $400 million in new automotive business awards during the quarter, including significant wins with Japanese OEMs and Volvo [24][25] - The company was recognized as General Motors Supplier of the Year for the third time, highlighting strong relationships and innovative technology [27] Q&A Session Summary Question: How much pass-through revenue is incorporated in the guidance? - Management indicated that the impact of tariffs is relatively limited, with only a small portion of the overall business affected, primarily in Mexico and North America [42] Question: Why is the approach to adjacent markets different this time? - Management clarified that the focus is on scaling existing technologies into adjacent markets rather than developing new products, emphasizing the use of current capital equipment [45] Question: What are the booking dynamics in Q1? - Management stated that the first quarter's new program awards were in line with expectations, despite appearing lower than previous quarters [50] Question: How is the company maintaining its sales guidance despite weaker industry forecasts? - Management explained that while North American volumes are under pressure, favorable foreign exchange impacts and tariff pass-throughs are helping to maintain guidance [51]