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Jacobs Selected to Support Delivery of United Kingdom Nuclear Power Station
Prnewswire· 2026-01-20 09:30
Core Viewpoint - Jacobs has been selected by Sizewell C to provide professional services for the development of a new low-carbon nuclear power station in Suffolk, which is expected to play a significant role in the UK's clean energy future [1][2][3]. Group 1: Project Overview - The Sizewell C project aims to deliver a twin-reactor nuclear plant that will produce reliable, low-carbon electricity for approximately six million homes and contribute to the UK's net zero targets [2][6]. - The project is expected to generate around 3.2 gigawatts of electricity and save nine million tonnes of carbon dioxide from entering the atmosphere annually [3][6]. - Sizewell C will support tens of thousands of jobs across the UK, create 1,500 apprenticeships, and deliver billions of pounds in local, regional, and national supply chain opportunities [3][6]. Group 2: Jacobs' Role - Under the five-year framework, Jacobs will provide strategic leadership, program integration, and design and engineering support to meet the project's highly regulated technical and delivery requirements [2][3]. - Jacobs has over 60 years of experience in the global nuclear industry, contributing to major programs such as Hinkley Point C and Sellafield [4]. Group 3: Economic Impact - The project is expected to deliver 70% of its construction value to British suppliers, reinforcing the importance of local economic contributions [6]. - The establishment of structures, systems, and governance by Jacobs is aimed at ensuring the safe, efficient, and integrated delivery of this nationally important program [3].
1 Top Energy Stock You Can Confidently Buy and Hold Through 2030 and Beyond
Yahoo Finance· 2025-12-30 16:35
Key Points ExxonMobil recently boosted its growth outlook through 2030. The oil giant has lots of growth potential beyond 2030. Its diversified strategy positions it to thrive throughout the energy industry's transition. 10 stocks we like better than ExxonMobil › The energy industry is in a transitional period. While fossil fuels are crucial to the economy these days, lower-carbon energy will be vital in the future. No one knows how quickly this transition will occur, which is creating considerabl ...
Air Products Stock Drops As Talks With Yara Continue
Benzinga· 2025-12-08 18:21
Collaboration Overview - Air Products and Yara International are collaborating to connect low-emission ammonia supplies from projects in Louisiana and Saudi Arabia to Yara's global distribution network, aiming for key commercial decisions in 2026 [1] - The collaboration combines Air Products' low-emission hydrogen production with Yara's ammonia production, shipping, and terminals, focusing on European demand [1] Louisiana Clean Energy Complex - Air Products is developing the Louisiana Clean Energy Complex to produce over 750 million standard cubic feet per day of low-carbon hydrogen while capturing 95% of operational CO2 [2] - Final investment decisions are expected by mid-2026, contingent on air permits and finalized construction contracts, with completion anticipated in 2030 [2] Project Financials and Structure - Yara will purchase ammonia production, storage, and shipping assets after performance targets are met, paying about 25% of total project costs estimated at $8 billion to $9 billion [3] - Air Products will own and operate the industrial gases production, supplying about 80% of the site's hydrogen to Yara under a 25-year agreement to support 2.8 million metric tons of low-carbon ammonia annually [3] CO2 Capture and Sequestration - The facility is expected to capture approximately five million metric tons per year of high-purity CO2 for sequestration by a third party under a long-term agreement to be announced later [4] NEOM Green Hydrogen Project - The NEOM Green Hydrogen Project in Saudi Arabia is over 90% complete and is expected to begin commercial production in 2027, with Air Products as the sole offtaker for up to 1.2 million metric tons per year of renewable ammonia [5] - A marketing and distribution agreement is expected to be finalized in the first half of 2026, where Yara will sell volumes not sold by Air Products as renewable hydrogen in Europe for a commission [5] Stock Performance - Air Products shares are currently trading 9.36% lower at $236.30 [6]
Abundia Global Impact Group, Inc. Initiates Trading Under New Ticker Symbol “AGIG”
Globenewswire· 2025-12-08 13:00
HOUSTON, TX, Dec. 08, 2025 (GLOBE NEWSWIRE) -- Abundia Global Impact Group, Inc., (NYSE American: AGIG) (the “Company”) today announced that effective and commencing at market open today, December 8, 2025, it will now be traded under its new ticker symbol “AGIG” on the NYSE American exchange. Formerly operating under the name Houston American Energy Corp., the Company’s previously announced name and ticker change follows its acquisition of Abundia Global Impact Group, LLC. The Company also officially launch ...
What Every Constellation Energy Investor Should Know Before Buying
The Motley Fool· 2025-12-08 01:30
Core Insights - Constellation Energy has outperformed the S&P 500 with a stock price increase of over 40% in the past year, compared to the S&P 500's nearly 13% return [1] Group 1: Company Overview - Constellation Energy is the largest low-carbon energy producer in the U.S., with about 90% of its electricity generated from carbon-free sources, supporting over 20 million homes and businesses [3] - The company operates as a competitive energy supplier, selling electricity to utilities and commercial and industrial (C&I) customers, holding a 21% market share in the C&I sector [4] Group 2: Financial Performance - The company has a market capitalization of $112 billion, with a gross margin of 19.3% and a dividend yield of 0.43% [6] - Earnings are projected to grow at a rate exceeding 10% annually through 2028, driven by increasing power demand and the acquisition of Calpine [10] Group 3: Strategic Acquisition - Constellation Energy has agreed to acquire Calpine for $26.6 billion, which is expected to close in early 2026, significantly expanding and diversifying its portfolio [7] - The acquisition will enhance the company's presence in key power growth markets such as Texas, Virginia, and California, and provide a near-term earnings boost [8][9]
Oil and gas contractors supporting industry players in meeting net-zero goals
Yahoo Finance· 2025-10-31 15:27
Core Insights - Contractors play a crucial role in the oil and gas industry by enabling decarbonisation through their technical expertise and skilled workforce [1] - They are involved in various stages of operations, from advisory to technical execution, and are essential for fostering innovation and efficiency [2] - The market for low-carbon technologies is expanding, with contractors diversifying their offerings to include carbon capture and other emission reduction technologies [2][3] Industry Dynamics - Many contractors are focusing on specialized engineering and construction for low-carbon initiatives, which significantly impacts project viability and market speed [3] - Industrial gas producers are also entering the low-carbon space, providing comprehensive services for carbon capture and low-carbon hydrogen production [3] - Recent challenges in low-carbon energy developments, including inflation and regulatory issues, have led to project delays and cancellations, affecting contracting activity [4]
Daqo New Energy Announces Unaudited Third Quarter 2025 Results
Prnewswire· 2025-10-27 11:00
Core Insights - Daqo New Energy Corp. reported a significant recovery in its financial performance for Q3 2025, with revenues reaching $244.6 million, a substantial increase from $75.2 million in Q2 2025 and $198.5 million in Q3 2024 [3][10]. - The company achieved a gross profit of $9.7 million, compared to a gross loss of $81.4 million in the previous quarter, indicating a turnaround in profitability [3][11]. - The CEO highlighted a recovery in market prices for polysilicon, which contributed to positive EBITDA of $45.8 million and adjusted net income of $3.7 million for the quarter [6][19]. Financial Performance - Revenues for Q3 2025 were $244.6 million, up 225% from $75.2 million in Q2 2025 and up 23% from $198.5 million in Q3 2024 [3][10]. - Gross profit was $9.7 million, a recovery from a gross loss of $81.4 million in Q2 2025 and a gross loss of $60.6 million in Q3 2024, resulting in a gross margin of 3.9% [3][11]. - The net loss attributable to shareholders was reduced to $14.9 million from $76.5 million in Q2 2025 and $60.7 million in Q3 2024, with a loss per basic ADS of $0.22 [3][16]. Production and Cost Metrics - Polysilicon sales volume increased to 42,406 MT in Q3 2025 from 18,126 MT in Q2 2025, reflecting strong demand and effective inventory management [4][6]. - The average total production cost decreased to $6.38/kg from $7.26/kg in Q2 2025, while the average cash cost fell to $4.54/kg from $5.12/kg, marking the lowest cash cost in the company's history [4][6]. - The company maintained a nameplate capacity utilization rate of 40% and produced 30,650 MT of polysilicon in Q3 2025, slightly above guidance [6][8]. Market and Industry Context - The solar PV industry is experiencing a recovery, with market prices for polysilicon rebounding significantly due to improved industry fundamentals and government regulations aimed at curbing low-price competition [6][7]. - China's new environmental targets announced in September 2025 aim to increase the share of non-fossil fuels in total energy consumption to over 30% and expand solar power capacity significantly by 2035 [6][7]. - The implementation of stricter energy consumption standards for polysilicon production is expected to reduce overcapacity in the industry, contributing to higher prices [7][6]. Outlook - The company anticipates producing approximately 39,500 MT to 42,500 MT of polysilicon in Q4 2025, with a full-year production estimate of 121,000 MT to 124,000 MT [8][6]. - Daqo New Energy is well-positioned to capitalize on the ongoing market recovery and long-term growth opportunities in the solar PV sector, supported by a strong balance sheet and no bank loans [6][7].
Chevron’s (CVX) Strong Cash Flows and Low Costs Support its Growing Dividend
Yahoo Finance· 2025-10-14 00:06
Core Insights - Chevron Corporation is recognized as one of the Top 15 Growth Stocks for Long-Term Investors [1] - The company operates as an integrated energy firm, engaging in all major stages of the oil and gas value chain, including upstream, midstream, and downstream operations [2] Financial Performance - Chevron has one of the most durable portfolios in the energy sector, with production costs around $30 per barrel, allowing for healthy cash flows even during low oil prices [3] - Recent expansion projects, cost-cutting measures, and the Hess merger are projected to generate an additional $12.5 billion in annual free cash flow starting next year [3] Dividend Growth - Chevron has a strong track record of increasing dividends, having raised them for 38 consecutive years, currently offering a quarterly dividend of $1.71 per share, resulting in a dividend yield of 4.59% as of October 12 [4] Strategic Initiatives - The company is advancing in low-carbon energy ventures, including a recent entry into the lithium business, which is expected to further enhance its dividend profile [4]
How Is PPL Accelerating Decarbonization Through Research & Development?
ZACKS· 2025-10-06 18:21
Core Insights - PPL Corporation is dedicated to research and development (R&D) aimed at achieving net-zero emissions through innovative and scalable technologies [1] - The company is advancing clean energy technologies, including carbon capture solutions and various energy storage methods to enhance grid reliability [2] - PPL is focused on integrating renewable energy sources into the grid and exploring advanced nuclear technologies for reliable, carbon-free electricity [3] R&D Initiatives - PPL is part of the Low-Carbon Resources Initiative, a five-year collaboration to promote low-carbon energy solutions [4] - As an anchor sponsor of a clean energy initiative, PPL has contributed to a $100 million investment to accelerate the transition to a low-carbon future [5] - Other utilities, such as Southern Company and American Electric Power, are also investing in R&D to improve grid reliability and meet customer needs [6][7] Earnings Estimates - The Zacks Consensus Estimate indicates a year-over-year EPS increase of 7.10% for 2025 and 8.48% for 2026 [8] - Current estimates for Q3 2025 and Q4 2025 are $0.48 and $0.40, respectively, with a year-over-year growth estimate of 14.29% for Q3 2025 [10] Stock Performance - PPL is trading at a premium with a forward price-to-earnings ratio of 19.01X compared to the industry average of 15.32X [11] - Over the past three months, PPL's shares have increased by 9%, outperforming the industry's growth of 7.5% [13]
Market environment in Europe remains challenging – Break-even threshold reduced – Feintool demonstrates financial strength and reliability
Globenewswire· 2025-08-13 04:30
Core Insights - The Feintool Group's business performance in the first half of 2025 reflects a challenging market environment in the automotive sector, particularly in Europe, but the company's strategy is showing positive effects [1][3][18] - Sales declined by 14.2% to CHF 334.5 million, with a local currency decline of 11.5% [5][20] - The operating result (EBIT) before one-off costs was CHF -0.8 million, indicating a slight improvement in profitability despite lower sales [6][20] Financial Performance - The Group generated sales of CHF 334.5 million, down CHF 55.5 million or 14.2% from CHF 390.0 million in H1 2024 [5][20] - The reported operating result (EBIT) after one-off costs was CHF -1.9 million, compared to CHF 0.2 million in H1 2024 [6][20] - The net result for the first half of 2025 was CHF -5.0 million, a decline of 56.1% from CHF -3.2 million in the previous year [20] Regional Performance - In Europe, sales were CHF 199.6 million, down 17.5% from CHF 241.8 million in H1 2024, primarily due to weak demand for electric vehicles [9][20] - Sales in the US were CHF 98.0 million, a decrease of 7.3% from CHF 105.7 million in H1 2024, attributed to lower raw material prices and a weak US dollar [15][20] - Sales in Asia were CHF 38.5 million, down 12.5% from CHF 44.0 million in H1 2024, impacted by falling exports from Japan and competition in the Chinese automotive market [12][20] Strategic Initiatives - Feintool's strategy of focusing on three core technologies and a global manufacturing network is proving effective, particularly in fineblanking and forming technologies [3][4] - The company is expanding its presence in Asia, with a new plant in Pune, India, set to start operations in 2026 [14][18] - The restructuring of production for electric motor components in Germany is underway, expected to improve profitability by 2027 [10][11] Market Outlook - The outlook for the second half of 2025 is cautious, with expectations of continued challenges in the European market [18] - Medium-term optimism is based on global megatrends towards low-carbon energy generation and mobility, which present significant opportunities for Feintool's technologies [19][22]