Financial Data and Key Metrics Changes - Delek Logistics achieved a record Adjusted EBITDA of $536 million for 2025, reflecting strong execution across its businesses and the addition of high-quality acquisitions [3] - Adjusted EBITDA for Q4 was approximately $142 million, up from $114 million in the same period last year, and $6 million higher than the previous record set in Q3 [11] - Distributable cash flow (DCF) as adjusted totaled $73 million, with a DCF coverage ratio of approximately 1.22x [11] Business Line Data and Key Metrics Changes - In the Gathering and Processing segment, Adjusted EBITDA for Q4 was $71 million compared to $66 million in Q4 2024, primarily due to the acquisitions of H2O and Gravity [12] - Storage and transportation Adjusted EBITDA increased to $35 million from $18 million in Q4 2024, reflecting the sale of certain assets to DK [12] - The investments in pipeline joint ventures contributed $26 million in Q4, up from $18 million in the same quarter last year [12] Market Data and Key Metrics Changes - Approximately 80% of the run rate EBITDA in 2026 is expected to come from third parties, indicating increased economic separation from the sponsor, DK [7] - The company is focusing on the Delaware Basin, where the need for sour gas solutions is urgent, and anticipates a step change in utilization once the sour gas gathering infrastructure is complete [8] Company Strategy and Development Direction - Delek Logistics aims to be a premier full-service provider in the Permian Basin, focusing on natural gas, crude, and water businesses [3] - The company announced a 2026 EBITDA guidance range of $520 million to $560 million, reflecting growth opportunities while managing leverage and coverage [5] - The integration of H2O and Gravity has strengthened the company's competitive position and growth platform [4] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to deliver sustainable growth and long-term value for unit holders, supported by a strong financial position with approximately $940 million in available liquidity [11] - The management highlighted the importance of optimizing synergies and executing strategic priorities to capture the value of recent investments [10] Other Important Information - The Board of Directors approved the 52nd consecutive quarterly distribution increase, raising the distribution to $1.125 per unit, marking 13 consecutive years of distribution growth [5] - Total capital spending for Q4 was approximately $32 million, with $26 million allocated to growth capital related to sour gas capabilities at the Libby complex [13] Q&A Session Summary Question: Growth expectations for the GMT segment - Management discussed the variance in guidance and emphasized a clear strategy focused on crude, gas, and water in the Permian Basin, highlighting a return on investment of 1x-3x [16][17] Question: EBITDA impact from transactions with DK - Management noted that the transactions helped further economic separation, with 82% of EBITDA now coming from third-party businesses, and indicated that the impact on EBITDA was not material to either entity [22][23] Question: Next steps on Libby processing expansion - Management mentioned prior investments for future expansion and is closely monitoring customer activity in the area, indicating positive macro and micro conditions [28][29] Question: Thoughts on sour gas midstream M&A - Management stated that Delek Logistics remains open to acquisitions but will only pursue deals that are accretive to free cash flow and maintain financial discipline [34]

The U.S. equity market has shifted in 2026. After years of being driven by tech stocks, the S&P 500 (SNPINDEX: ^GSPC) has found new leadership from energy, materials, and consumer staples stocks. Diversification is being rewarded again. Does that still make the Vanguard S&P 500 ETF (NYSEMKT: VOO) a good investment? The index has outperformed most market sectors in recent years thanks to tech leadership and its heavy weighting toward the "Magnificent Seven" stocks. Can it still do well when other areas of ...

FIGS Inc (NYSE:FIGS) shares are climbing on Friday after the healthcare‑apparel company delivered a standout fourth‑quarter report that blew past Wall Street expectations, with earnings coming in far stronger than analysts anticipated.FIGS stock is approaching key resistance levels. Why are FIGS shares at highs?The rally gained additional momentum after KeyBanc upgraded the stock from Sector Weight to Overweight.Earnings Strength Fuels The MoveFIGS posted earnings of 10 cents per share, far above the 2 cent ...

Group 1: Stock Performance - Netflix (NFLX) closed at $84.61, marking a +2.31% move from the previous day, outperforming the S&P 500's 0.54% loss [1] - The stock has dropped by 2.29% in the past month, which is slightly worse than the Consumer Discretionary sector's loss of 2.3% and lagging behind the S&P 500's gain of 0.58% [1] Group 2: Upcoming Earnings - Netflix is predicted to post an EPS of $0.76, indicating a 15.15% growth compared to the equivalent quarter last year [2] - The consensus estimate projects a revenue of $12.17 billion, reflecting a 15.42% rise from the equivalent quarter last year [2] Group 3: Full-Year Estimates - Full-year Zacks Consensus Estimates call for earnings of $3.12 per share and revenue of $51.19 billion, representing year-over-year changes of +23.32% and +13.3%, respectively [3] - Recent changes to analyst estimates for Netflix are significant as they indicate the changing landscape of near-term business trends [3] Group 4: Zacks Rank and Valuation - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Netflix at 3 (Hold) [5] - Netflix's Forward P/E ratio is 26.47, which is a premium compared to its industry average Forward P/E of 10.84 [6] Group 5: PEG Ratio and Industry Context - Netflix currently holds a PEG ratio of 1.47, compared to the Broadcast Radio and Television industry's average PEG ratio of 1.2 [7] - The Broadcast Radio and Television industry is part of the Consumer Discretionary sector and has a Zacks Industry Rank of 65, placing it in the top 27% of all industries [8]

All investors love getting big returns from their portfolio, whether it's through stocks, bonds, ETFs, or other types of securities. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and, of course, dividends. A dividend is that coveted distribution of a company's earnings paid out to shareholders, and investors often view it by its dividend yield, a m ...

Shake Shack's Earnings Explosion Sends Shares Soaring - 24/7 Wall St.[S&P 5006,882.50 -1.21%][Dow Jones49,313.20 -0.31%][Nasdaq 10024,923.80 -1.95%][Russell 20002,649.63 -0.59%][FTSE 10010,836.30 +0.20%][Nikkei 22558,492.40 -2.50%][Stock Market Live February 26, 2026: S&P 500 (SPY) Flat as Markets Digest Nvidia Earnings][Investing]# Shake Shack's Earnings Explosion Sends Shares Soaring### Quick ReadShake Shack (SHAK) Q4 EPS of $0.37 beat consensus by 173%. Revenue grew 24.8% to $400.53M.Shake Shack cut new ...

Chesapeake Utilities (NYSE:CPK) Q4 2025 Earnings call February 26, 2026 08:30 AM ET Company ParticipantsBeth Cooper - Executive Vice President, Chief Financial Officer, Treasurer, and Assistant Corporate SecretaryJeff Householder - Chair of the Board, President, and CEOJim Moriarty - Executive Vice President, General Counsel, Corporate Secretary, and Chief Policy and Risk OfficerLucia Dempsey - Head of Investor RelationsMichael Brown - Equity Research AssociateConference Call ParticipantsAlex Kania - Managi ...

Financial Performance - Prosafe SE reported Q4 2025 EBITDA of USD 21.1 million, significantly up from USD 8.4 million in Q4 2024 [1][6] - Full-year 2025 EBITDA reached USD 40.0 million, an increase from USD 27.2 million in 2024, and at the high end of the guided range for the year [2][5] - Revenues for Q4 2025 were USD 70.9 million, compared to USD 37.0 million in the same quarter last year [6] Operational Highlights - The company achieved 100% fleet utilization in Q4 2025, with all five units under contract [6] - Safe Boreas commenced operations in Australia ahead of schedule, starting full day rate from December 15, 2025 [1][6] - The backlog reached USD 428 million, including options and excluding the letter of intent for Safe Caledonia [6] Market Outlook - Prosafe is positioned for continued earnings growth in 2026, with full-year EBITDA expected to be in the range of USD 45-55 million [2][5] - The company is experiencing strong demand in the global offshore accommodation market, particularly in Brazil and Africa [6] - All high-end vessels are contracted through 2026 and into 2027, reflecting significant commercial progress [5][6]

Growth stocks are attractive to many investors, as above-average financial growth helps these stocks easily grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...

Luxfer (NYSE:LXFR) Q4 2025 Earnings call February 25, 2026 08:30 AM ET Company ParticipantsAndy Butcher - CEOKevin Grant - VP of Investor Relations and Business DevelopmentSteve Webster - CFOConference Call ParticipantsNone - AnalystOperatorGood morning. My name is Nikki, and I will be your conference operator today. Welcome to Luxfer's fourth quarter and full year 2025 earnings conference call. All lines have been placed on mute. After the speakers' prepared remarks, we will hold a question-and-answer sess ...