Our strong Q4 results are a direct reflection of our commitment to our key strategic priorities. As I reflect on our 2025 performance, I wanted to take a moment to highlight our achievements against each of the initiatives we laid out one year ago. Entering 2025, our highest priority was to accelerate organic rental growth, which we believe represents the stickiest and highest long-term driver of returns. For the full year 2025, we delivered $124,000,000 in rent revenues, representing 39% year over year gro ...

2025 EARNINGS: FULL YEAR and 4Q RESULTS FEBRUARY 26, 2026 © Montrose Environmental Group, Inc. 1 DISCLOSURES SAFE HARBOR Statements contained herein and in the accompanying oral presentation contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements may be identified by the use of words such as "intend," "expect", and "may", and other similar expressions that pr ...

Federal Signal (NYSE:FSS) Q4 2025 Earnings call February 25, 2026 10:00 AM ET Company ParticipantsFelix Boeschen - Vice President of Corporate Strategy and Investor RelationsIan Hudson - SVP and CFOJennifer Sherman - President and CEOSteve Barger - Managing Director for Equity ResearchConference Call ParticipantsChris Moore - Senior Research AnalystGreg Burns - Senior Equity Research AnalystMike Shlisky - Managing Director and Senior Equity Research AnalystRoss Sparenblek - Research AnalystTim Thein - Manag ...

Federal Signal (NYSE:FSS) Q4 2025 Earnings call February 25, 2026 10:00 AM ET Speaker6Greetings. Welcome to the Federal Signal Corporation fourth quarter earnings call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. It is now my pleasure to introduce Felix Boeschen, Vice President, Corpor ...

While management highlighted strong revenue and earnings growth, Glastra said fourth-quarter margins and cash flow came in below expectations set on the third-quarter call due to a deliberate operational choice. As the quarter progressed, Novanta prioritized customer deliveries over the pace of regional manufacturing transfers , which led to temporary dual running costs and elevated inventory.By end market, Buckley said medical represented 53% of total sales in both the quarter and the full year, with advan ...

Core Insights - SECURE Energy Services plans to increase its dividend by 5% to CAD 0.42 per share starting in Q2 2026 and will continue share buybacks [1] - The company ended 2025 with a total debt to adjusted EBITDA ratio of 2.1x, or 1.8x excluding leases, and refinanced part of its debt with CAD 300 million of senior unsecured notes due in 2032 [2] - SECURE returned CAD 373 million to shareholders in 2025 through dividends and share buybacks, repurchasing nearly 19 million shares at an average price below CAD 15, representing about 8% of shares outstanding [3] Financial Performance - For 2025, SECURE reported funds flow from operations of CAD 378 million and discretionary free cash flow of CAD 273 million, with a year-over-year decline in discretionary free cash flow primarily due to higher interest expenses and cash taxes [4] - Full-year adjusted EBITDA rose 5% year-over-year to CAD 501 million, supported by infrastructure-backed earnings and pricing discipline [5] - The company achieved higher fourth-quarter profitability and modest full-year growth in 2025 despite weaker commodity prices [6] Growth and Capital Plans - SECURE invested CAD 138 million in organic growth capital in 2025, exceeding its original plan of CAD 75 million, focusing on produced water infrastructure, industrial waste processing, and metal recycling optimization [7] - The company commissioned its first two fully contracted produced water disposal facilities in the Montney, with one facility operational in Q4 2025 and the second expected to be online in March 2026 [8] - For 2026, SECURE plans to allocate CAD 75 million for organic growth projects, with potential increases as projects are sanctioned [9] Operational Metrics - In 2025, SECURE processed approximately 95,000 barrels per day of produced water, 38,000 barrels per day of liquid waste, and disposed of about 3.2 million tons of solid waste [10] - The energy infrastructure segment handled over 133,000 barrels per day of crude oil across 13 terminals and three gathering pipelines, with modest increases in pipeline and terminal volumes [11][12] - Weaker oil prices impacted exploration-linked service lines, leading to a decline in waste processing and oil recovery volumes [13] Metal Recycling and Pricing - The metal recycling segment faced challenges in 2025 due to a 50% U.S. tariff on finished steel, which reduced Canadian domestic demand [14] - SECURE repositioned over 90% of scrap volumes into U.S. markets, with an estimated EBITDA impact of 10% to 15% in 2025 [14] - The company was selective in pricing discussions, with no immediate plans for additional pricing actions [15] Accounting and Future Outlook - A voluntary accounting policy change was made regarding the presentation of oil purchase and resale activities, with no impact on net income or adjusted EBITDA [16] - For 2026, SECURE provided adjusted EBITDA guidance of CAD 520 million to CAD 550 million, with expectations for improvement later in the year [17] - The specialty chemicals business performed well in production chemistry related to paraffins and wax removal, and a potential CAD 100 million claim related to a lawsuit was disclosed [18]

Toronto, Ontario--(Newsfile Corp. - February 23, 2026) - Ken Gray, President and Chief Executive Officer, Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) and their executive team, joined David Chelich, Sector Head, Business Development, Toronto Stock Exchange ("TSX"), to close the market and celebrate the Company's 10th anniversary of being listed on TSX.Cannot view this video? Visit:https://www.youtube.com/watch?v=ORFlN5fWHs8Petrus is a Calgary-based oil and gas company focused on the explora ...

On February 17, 2026, Irenic Capital Management LP disclosed a new position in Integer Holdings (NYSE:ITGR), acquiring 1,263,663 shares in an estimated $99.11 million trade based on quarterly average pricing. What happened According to an SEC filing dated February 17, 2026, Irenic Capital Management LP established a new holding in Integer Holdings by acquiring 1,263,663 shares during the fourth quarter. The estimated value of the trade was $99.11 million, based on the average price for the period. The fu ...

Group 1 - Descartes Systems Group (NASDAQ:DSGX) is identified as one of the 12 oversold software stocks to invest in, with an upgrade from Morgan Stanley analyst Chris Quintero from Equal Weight to Overweight, raising the price target from $88 to $110, indicating over 67% upside potential [1] - Quintero anticipates that organic growth acceleration will continue for Descartes Systems Group in the coming year, as the company has moved past its "trough" shipping volumes, and expects the professional services refresh cycle to aid in market-share expansion [2] - Wolfe Research analyst Scott Group lowered the price target on Descartes Systems Group from $112 to $102 while maintaining an Outperform rating, suggesting over 55% upside [3] Group 2 - The ISM manufacturing index has remained below 50 for 36 of the previous 38 months, indicating a prolonged muted cycle in transportation, while LTL tonnage has declined in 22 of the past 23 months; however, truckload spot rates have significantly outpaced typical seasonality in recent weeks [4] - Descartes Systems Group is a logistics technology solutions company that provides SaaS solutions for transportation management, e-commerce, and customs compliance, leveraging cloud-based capabilities to offer a comprehensive suite of solutions including routing, telematics, shipping, trade intelligence, and B2B connectivity services [5]

Financial Data and Key Metrics Changes - In Q4 2025, adjusted net earnings were $83 million, or $0.41 per share, benefiting from strong production and elevated metal prices [22] - Full year 2025 adjusted net earnings were $229 million, or $1.12 per share [22] - Consolidated all-in sustaining costs (AISC) on a byproduct basis in Q4 were $1,646 per ounce, while full year AISC was $1,614 per ounce, outperforming guidance [23][24] - Cash balance at the end of 2025 was $529 million, with total liquidity reaching $929 million [25][26] Business Line Data and Key Metrics Changes - Mount Milligan produced over 44,000 ounces of gold and 13 million pounds of copper in Q4 2025, with full year production of over 147,000 ounces of gold and 50 million pounds of copper [13][14] - Öksüt produced over 26,500 ounces of gold in Q4 2025, with full year production exceeding guidance at over 127,700 ounces [15][16] - AISC for Mount Milligan in Q4 was $913 per ounce, significantly lower than the previous quarter [15] - AISC for Öksüt in Q4 was $1,748 per ounce, higher due to lower gold ounces sold and increased sustaining CapEx [16][17] Market Data and Key Metrics Changes - Average realized price for gold in Q4 was $3,415 per ounce and for copper was $4.69 per pound [22] - The molybdenum business unit had a free cash flow deficit of $61 million in Q4, mainly due to spending on the Thompson Creek restart [24] Company Strategy and Development Direction - The company is focused on a self-funded growth strategy, with projects like the Mount Milligan PFS extending mine life to 2045 and the Goldfield Project in Nevada [5][6] - The Kemess project is expected to have an average annual production of 171,000 ounces of gold and 61 million pounds of copper at an AISC of $971 per ounce [7][8] - The company aims to maintain a disciplined approach to capital allocation while advancing its growth project pipeline [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in generating strong cash flow in 2026, allowing for continued investment in growth projects while returning capital to shareholders [5][30] - The company is focused on maintaining operational performance and cost discipline, particularly at Mount Milligan and Öksüt [51][52] Other Important Information - The company received all required permits for Mount Milligan's operations through 2035, including a 10% increase in plant throughput starting in 2028 [11][12] - Operations at the Langeloth facility were suspended following an explosion, with repairs expected to cost $5-$10 million [19][20] Q&A Session Summary Question: Langeloth suspension and inventory build - Management indicated that concentrate purchases would continue during the shutdown, leading to an inventory build [32][33] Question: Water management projects at Mount Milligan - Management clarified that water management is an ongoing process, with some capital expenditures being slightly higher than in previous years [35][36] Question: PFS and resource updates - The purpose of the PFS is to tighten assumptions and advance engineering, with potential for future resource expansion through additional drilling [41][42] Question: CapEx increase at Thompson Creek - Management explained that the increase was due to various factors, including inflation and maintenance, and that the range provided accounts for variability [46][48] Question: Cost discipline across the portfolio - Management attributed cost performance to strong operational discipline and the benefits from byproducts, particularly copper [50][51] Question: Future of the Endako mill - Management stated that the current strategy is to focus on the Thompson Creek mine before considering the Endako mill, which has substantial resources [58][59]