West Texas has an oil problem. And it's not the oil, it's the water. For every barrel of oil pumped out of the Peran Basin, producers pull up four barrels of toxic, ultra salty water.It's five times saltier than the ocean, loaded with chemicals, and too contaminated to use. So, the industry does pretty much the only thing it can, shoot it back underground. But that fix is starting to fail.Disposal wells are causing earthquakes, leaks, and pressure underground. And with oil production still rising, the regio ...

[موسیقی] [تشویق] همیشه خردمند امیدوار نبیند به جز شادی از روزگار سلام و درود بر شما هموطنان درجه یک و کارولد خودم من دیروز آبادان بودم رفته بودم برای بررسی دلایل خشک شدن بزرگترین نخلستان ایران. نخلستانی که یه زمانی ۷ میلیون نفر اهالی اون نخلستان بودن در اروند کنار آبادان خرمشهر شادگان و از اون ۷ میلیون الان فقط یک و۳م میلیون باقی مونده رفته بودیم ببینیم چه می‌توانیم بکنیم برای اینکه این شریف‌ترین زیستمندان ایران که عامل تابآوری ثروت و دلیلی برای عشق ورزیدن به خوزستان هست از بین نره. ساعت ۱۱ و نیم شب بلیت بر ...

Core Points - Xylem Inc. has declared a fourth quarter dividend of $0.40 per share, payable on December 23, 2025, to shareholders of record as of November 25, 2025 [1] - Xylem is a leading global water solutions company with 23,000 employees and reported revenue of $8.6 billion in 2024 [2] - The company reported third-quarter 2025 revenue of $2.3 billion, with earnings per share increasing by 4% on a reported basis and 23% on an adjusted basis [5] Company Overview - Xylem Inc. is a Fortune 500 company focused on water solutions, aiming to create a more water-secure world [2] - The company emphasizes innovation and expertise in optimizing water and resource management [2] Financial Performance - In 2024, Xylem achieved total revenue of $8.6 billion, showcasing strong execution and demand [2] - For the third quarter of 2025, the company reported revenue of $2.3 billion, indicating robust performance [5] - Earnings per share for the third quarter increased by 4% on a reported basis and 23% on an adjusted basis, reflecting effective management and operational execution [5]

Water management in South Asia is a messy patchwork of agreements. Closer co-operation would keep rivers flowing, while keeping the peace https://t.co/pmsvV0aMsj ...

Financial Performance - Revenue increased by 9% to $850 million, driven by strong performance in both non-residential and residential end markets [13][5] - Adjusted EBITDA grew by 17%, resulting in a margin of 33.8%, reflecting the resilience of the company's business model [13][11] - Free cash flow for the year-to-date reached $399 million, up from $238 million in the prior year, attributed to increased profitability and better working capital performance [15][16] Business Line Performance - Allied product sales increased by 13%, with notable growth in StormTech chambers, Nyloplast catch basins, and water quality products [5][6] - Infiltrator revenue surged by 25%, with 7% organic growth, driven by strong demand for tanks and advanced treatment products [6][7] - Pipe revenue saw a modest increase of 1%, with growth in HP pipe products offset by weakness in the agriculture market [7] Market Performance - Non-residential sales grew by 15%, with organic growth of 12% driven by strong performance in Allied products and HP pipe products [7][8] - The residential market showed mixed results, with strong growth in multi-family development but challenges in single-family housing starts due to high interest rates [8][9] - Geographic performance varied, with better land development activity in the Atlantic Coast and south-central U.S. [8] Company Strategy and Industry Position - The company remains committed to investing in both organic and inorganic growth, including the recent agreement to acquire NDS, which will enhance its product portfolio [9][10] - The strategic focus is on diversifying and increasing the mix of profitable Allied and Infiltrator products to capture more opportunities in water management [10][11] - The company operates in attractive water segments supported by secular tailwinds from climate change and increased awareness of stormwater management [9] Management Commentary on Operating Environment and Future Outlook - Management expressed caution regarding market demand in the second half of the year, reflecting potential risks from seasonality and economic factors [19][19] - The long-term outlook remains strong, supported by compelling demand for water management solutions across North America [12][19] - The company is focused on executing its long-term strategic plan to drive consistent growth and margin expansion [19] Other Important Information - The company plans to spend approximately $200 million-$225 million on capital expenditures for the full year, focusing on innovation and increasing recycling capacity [16][17] - The acquisition of NDS is expected to be accretive to adjusted earnings per share in the first year, with anticipated annual cost synergies of $25 million by year three [17][18] Q&A Session Summary Question: Outlook for end markets in the second half of the year - Management indicated a conservative outlook for the second half, reflecting potential demand degradation and uncertainty in the market [24][26] Question: Inventory levels in the channel - Management stated that inventory levels are appropriately sized for the current demand environment, with no unusual issues noted [26][27] Question: Margin expectations for the second half - Management emphasized that margin expectations are primarily driven by demand, with stable price-cost dynamics anticipated [30][31] Question: Residential business growth drivers - Management highlighted strong performance in multi-family developments and new product introductions as key growth drivers in the residential segment [39][41] Question: Integration progress of Orenco acquisition - Management reported that the integration is progressing well, with earnings growing faster than sales and positive customer feedback [90][89] Question: Revenue synergies from NDS acquisition - Management discussed potential revenue synergies from cross-selling opportunities and complementary product lines between ADS and NDS [100][101]

Financial Data and Key Metrics Changes - Revenue increased by 9% to $850 million, with adjusted EBITDA growing by 17% and achieving a margin of 33.8% [11][12][9] - Free cash flow generated year-to-date was $399 million, compared to $238 million in the prior year, driven by increased profitability and better working capital performance [12][14] Business Line Data and Key Metrics Changes - Allied product sales increased by 13%, with strong growth in StormTech chambers, Nyloplast catch basins, and water quality products [4][5] - Infiltrator revenue rose by 25%, with 7% organic growth, driven by tanks and advanced treatment products [5] - Pipe revenue increased by 1%, with growth in HP pipe products offset by weakness in the agriculture market [5] Market Data and Key Metrics Changes - Non-residential sales grew by 15%, with organic growth of 12% driven by Allied products and strong HP pipe product growth [5] - The residential market showed mixed results, with strong growth in multi-family development but challenges in single-family housing starts due to interest rates [6][7] Company Strategy and Development Direction - The company remains committed to investing in both organic and inorganic growth, including the acquisition of NDS, a supplier of residential stormwater and irrigation products [7][8] - The strategy focuses on diversifying and increasing the mix of profitable Allied and Infiltrator products to enhance resiliency and support growth [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding market demand in the second half of the year, reflecting potential risks from seasonality and economic factors [16][17] - The long-term outlook remains strong, supported by secular tailwinds driving demand for water management solutions [10][11] Other Important Information - The company achieved its safest first half of the year on record, with a total recordable incident rate half of the industry average [9] - The acquisition of NDS is expected to be accretive to adjusted earnings per share in the first year, with anticipated annual cost synergies of $25 million by year three [15] Q&A Session Summary Question: Outlook for end markets in the second half of the year - Management indicated a conservative outlook, expecting some degradation year-over-year, with demand being the riskiest part of the forecast [21][23] Question: Inventory levels in the channel - Management noted that inventory levels are sized correctly for the current uncertain demand environment, with no unusual inventory issues [25][26] Question: Sustainability of growth in the residential segment - Management highlighted strong growth driven by new products and programs with builders, particularly in multi-family developments [36][38] Question: Impact of government shutdown on demand - Management acknowledged that the government shutdown creates friction in the market, affecting shipment releases but not necessarily orders [34][35] Question: Integration and synergy capture from Orenco acquisition - Management reported that integration is progressing well, with earnings growing faster than sales and synergies exceeding expectations [82][85] Question: Pricing and material costs outlook - Management confirmed that pricing remains stable, with no expected degradation in price-cost dynamics for the second half of the year [62][63] Question: Long-term margin profile expectations - Management expressed confidence in the potential for margin expansion through product mix, innovation, and capital allocation strategies [102][104]

Water Crisis in Bangalore - Bangalore, India's $130 billion tech capital, faced a hydrological bankruptcy leading to a summer crisis in 2024 [4] - The crisis was caused by climate change, resulting in two consecutive years of monsoon failure, and human-induced aggravation by overexploitation of borewells [6] - During the crisis, the city faced a shortage of 500 million liters per day, equivalent to fulfilling the daily needs of 16 American average size cities with 100,000 residents [7] Solutions and Strategies - The Bangalore Water Supply Board (BWSB) devised five strategic actions to address the water crisis [8] - The BWSB installed 400 mini water distribution points initially, later expanding to 800, to provide water to urban slums [10][11] - The BWSB implemented 1 million aerators in apartments within two weeks, saving 50 million liters per day (MLD), and later expanded to 2 million aerators, saving 100 MLD in one month [14] - The BWSB convinced the construction sector and industries to use secondary and tertiary treated water instead of fresh water [15][16] - The BWSB collaborated with the Indian Institute of Science to innovate gurobacteria technology, producing 300,000 liters of gurobacteria water for cooling towers in IT parks [18] - The BWSB involved a startup company to fit IoT sensors in borewells to monitor data and sustain them for a longer time [19] Community Engagement - 9,000 volunteers enrolled as "Jal Mitras" (water friends) to spread the message of water conservation in the city [20] - More than half a million people took the water conservation pledge, marking the largest such commitment in human history [22]

Panama Canal Drought Impact - The Panama Canal faces challenges due to recent droughts, with vessel transits in 2024 falling 29% compared to the prior year [1][13] - Drought conditions could limit the canal's capacity by 50% by 2050, potentially having devastating consequences for U S commerce [13] - The 2023 and 2024 drought forced the Panama Canal Authority to limit vessel transits to 18 ships per day, while about 36 ships crossed the canal daily before the drought [1] Panama Canal Authority's Response - The Panama Canal Authority plans to spend $16 billion to build a new reservoir to hold 12 billion m³ of water to prepare for future droughts [4] - The Panama Canal Authority had a net income of about $34 billion in 2024 and almost $5 billion in total revenue [22] - The Panama Canal Authority is studying the possibility of adding a 1 million barrel per day pipeline to transport ethane and liquid petroleum gas from the Caribbean to the Pacific side of the canal [29] Alternative Solutions and Adaptations - Some shippers have shifted to roads and trains running alongside the canal to combat drought vessel restrictions and congestion [24] - In 2024, ocean carrier Maersk opened a land bridge and pulled some containers off ships before entering the canal, using rail transport [26] - Large cargo ships pay about $13 million to transit, for vessels like the 17,000 TEU vessels [27][28] Community Impact - The proposed Rio Indio project faces resistance as it will flood 17mi² of land, impacting an estimated 2,500 people [5] - The Panama Canal Authority plans to spend $400 million to compensate and relocate communities affected by the Rio Indio project [16]