RESTON, Va., July 02, 2025 (GLOBE NEWSWIRE) -- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and project management firm, today announced it has entered into a definitive purchase agreement to acquire e3i Engineers, a Boston, Massachusetts-based firm specializing in the design of data centers, energy infrastructure and emerging technology applications. The acquisition enhances Bowman’s ability to support clients with increasingly complex inside-the-data-center engineering need ...

Group 1 - ONEOK, Inc. will release its second quarter 2025 earnings after the market closes on August 4, 2025, with a conference call scheduled for August 5, 2025, at 11 a.m. Eastern [1] - The company operates a vast pipeline network of approximately 60,000 miles, providing essential energy products and services, including gathering, processing, transportation, and storage [2] - ONEOK is recognized as one of the largest integrated energy infrastructure companies in North America, contributing to energy security and meeting both domestic and international energy demands [2][3] Group 2 - The company is headquartered in Tulsa, Oklahoma, and is listed on the S&P 500 [3] - For further information and updates, ONEOK maintains an online presence through its website and social media platforms [3]

Industry Overview - The Zacks Oil and Gas Production and Pipeline industry is essential for meeting global energy demand, driven by economic growth and rising consumption in emerging markets [1] - Despite the shift toward renewables, hydrocarbons remain crucial for transportation, heating, and petrochemical production [1] - Technological advancements like horizontal drilling and enhanced recovery techniques are unlocking new reserves and boosting productivity [1] Pipeline Infrastructure - Pipeline infrastructure is critical for transporting crude oil, natural gas, and refined products efficiently [2] - Stable, fee-based revenue models and long-term contracts provide predictable cash flows for pipeline operators, insulating them from commodity price volatility [2] - The expansion of North American shale production and rising export capacity is expected to increase demand for midstream infrastructure [2] Company Comparisons - Energy Transfer (ET) and Kinder Morgan (KMI) are two of the largest midstream energy companies in North America, operating extensive networks of pipelines and storage facilities [3] - ET offers a diversified midstream infrastructure with stable cash flows and strategic export terminal access, positioning it well for rising U.S. energy production and global demand [4] - KMI has a primarily natural gas-focused midstream network with long-term contracts that provide predictable cash flows, appealing to income-focused investors [5] Earnings Growth Projections - The Zacks Consensus Estimate for ET's earnings per share (EPS) in 2025 and 2026 has increased by 2.86% and 4.26%, respectively [7] - KMI's 2025 EPS estimate has declined by 0.8%, while its 2026 EPS moved up by 2.26% [9] Dividend Yield - ET offers a dividend yield of 7.2%, significantly higher than KMI's 4.04% and the S&P 500's average of 1.58% [8][12] Valuation Metrics - ET is trading at a forward P/E of 12.54X, which is cheaper than KMI's 22.08X and the S&P 500's 22.43X [8][15] - ET's current return on equity (ROE) is 11.47%, while KMI's ROE is 16.6%, both underperforming the S&P 500's ROE of 17.02% [10] Debt to Capital - ET's debt-to-capital ratio is 56.6%, compared to KMI's 48.42%, both higher than the S&P 500's 38.07% [14] Price Performance - ET's units have gained 4.2% in the past month, outperforming KMI's 1.2% gain and the S&P 500's return of 4.4% [16] Conclusion - Energy Transfer is currently favored over Kinder Morgan due to rising earnings estimates, higher dividend yield, better return on equity, and cheaper valuation [20][21]

HOUSTON, June 30, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the "Company") (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced today the receipt of four work awards. GLDD has received Notice to Proceed from Bechtel Energy for dredging work on the Woodside Louisiana LNG project, in the vicinity of Lake Charles, LA, along the Calcasieu River ship channel. The first phase of work, which was awarded in the second quarter of 2025, inclu ...

Site will create jobs, power thousands of homesST. LOUIS, June 27, 2025 /PRNewswire/ -- Ameren Missouri, a subsidiary of Ameren Corporation (NYSE: AEE), is taking the next step in its generation investment plan to enhance energy reliability for customers by filing an application with the Missouri Public Service Commission that includes a first-of-its-kind project for the company. The application involves the construction of an 800-megawatt (MW) simple-cycle natural gas energy center complemented by Ameren M ...

Yeah. Well, I think the bigger thing that markets were worried about at least in the short term here was everything that's going on in the Middle East. And I think the big concern was if you did see some sort of closure of the straight horses or you saw any sort of damage to energy infrastructure, that is actually a much bigger risk that inflation's going higher from there.Because realistically, if you do see oil going above $100 a barrel, which people talk about if the straight were to be closed, you could ...

Alcoa (AA) FY Conference Summary Industry Overview - The aluminum industry is positioned for long-term growth due to its essential role in various sectors including renewable energy, electric vehicles, and industrial processes [3][4] - Alcoa emphasizes aluminum's importance in the transition to a low-carbon economy, highlighting its applications in solar panels and wind turbines [3] Key Financial Insights - Alcoa managed to limit the potential tariff cost increase from $30 million to $10 million by redirecting Canadian-produced metal to non-U.S. customers, preserving margins despite reduced revenue [6] - The second quarter guidance was adjusted due to changes in the aluminum segment's benefits from lower alumina prices, with expected benefits reduced from $165 million to $140 million [7] - The tax provision for the second quarter is expected to approximate zero, negating previously anticipated tax benefits [7] Tariff Impact - The recent increase in tariffs from 25% to 50% has led to a rise in the Midwest premium, which peaked at $0.68 per pound but has since declined [13] - Alcoa's Canadian production is negatively impacted by tariffs, as the costs exceed earnings from U.S. sales [15] - Ongoing discussions with the U.S. administration aim to address the negative impacts of tariffs on Alcoa and the broader aluminum industry [20][22] Operational Updates - The smelter in Spain is currently shut down due to a power outage, with plans to restart contingent on government feedback regarding the outage's cause [30][31] - Alcoa is progressing with a new mine approval in Australia, expected to enhance aluminum production and reduce costs significantly by 2029 [62][64] Market Dynamics - Chinese aluminum demand has slowed, but growth is observed in India and Southeast Asia, with a projected 7% CAGR in primary aluminum demand in India through 2029 [37] - Alcoa is exploring opportunities to sell idled assets to hyperscalers, with several sites being marketed for potential data center use [39][40] Balance Sheet and Financial Health - Alcoa's adjusted net debt target is set between $1 billion and $1.5 billion, with a current debt level of $2.1 billion, indicating ongoing deleveraging efforts [45][46] - The company has successfully managed its pension liabilities, which are now fully funded in the U.S. [46][53] Future Growth Opportunities - Alcoa is focusing on growth through its current portfolio and exploring new opportunities in the industry, including enhancing capabilities for recycled content to meet European demand [48][49] - The company is open to strategic opportunities but has no immediate announcements [49] Conclusion - Alcoa is navigating a complex landscape influenced by tariffs, operational challenges, and market dynamics while positioning itself for future growth through strategic investments and operational efficiencies [59][60]

under attack. Exactly. And so you've got an entire country now hunkering down.>> Yep. Ayman, if we could ask you to sit there, Dominic Chu, thank you, everybody, for just being flexible on the fly. We're bringing in Bob McNally.He is founder and president of Rapidan Energy as well. And Bob, we plan to have you on. Thank you very much for joining us.Obviously, this this missile attack from Iran onto Israel happening real time. And a second missile strike is on the way. Hopefully that one will also be mostly ...

Plug Power (NASDAQ: PLUG), backed by asset management giant BlackRock (NYSE: BLK), has seen growing bullish sentiment from investors following a series of positive developments.As of March 31, BlackRock disclosed a stake in the company, holding just under 80 million shares valued at $107.5 million. While that represents a small portion of its overall portfolio, it signals confidence in Plug Power’s longer-term potential.On Tuesday, PLUG shares closed at $1.28, up 4.9% on the day. Over the past month, the st ...

Southwest Gas announces that indicative capacity requests show high demand for natural gas as Great Basin Gas Transmission Company 2028 Expansion Project Binding Open Season closes.LAS VEGAS, June 5, 2025 /PRNewswire/ -- Southwest Gas Holdings, Inc. (NYSE: SWX) ("Southwest Gas Holdings" or the "Company") today announced Great Basin Gas Transmission Company ("Great Basin"), a wholly owned subsidiary of Southwest Gas Corporation ("Southwest Gas") and part of Southwest Gas Holdings, Inc. has successfully close ...