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X @Forbes
Forbes· 2026-03-18 23:25
Tesla’s Best Growth Story Isn’t Robotaxis—It’s BatteriesTesla’s robotaxi and humanoid-robot promises remain unproven businesses. Its energy division isn’t. And therein lies the company’s next bright idea.Read more: https://t.co/OB1Md0U6Xj https://t.co/Af8MkV1WGb ...
Waste Connections Appoints Daniel L. Florness to its Board of Directors
Businesswire· 2026-03-18 20:05
Core Viewpoint - Waste Connections, Inc. has appointed Daniel L. Florness to its Board of Directors, effective April 1, 2026, bringing extensive executive experience to the company [1][2]. Company Overview - Waste Connections is an integrated solid waste services company providing non-hazardous waste collection, transfer, and disposal services, serving approximately nine million customers across 46 states in the U.S. and six provinces in Canada [3]. - The company emphasizes its Environmental, Social, and Governance (ESG) efforts as integral to its business, focusing on reducing emissions and increasing resource recovery [3]. Leadership Changes - Daniel L. Florness, currently the CEO of Fastenal Company, will join Waste Connections' Board, bringing a wealth of experience in leadership roles and financial management [2]. - Florness has announced his intention to step down as Fastenal's CEO and resign from its Board effective July 16, 2026 [2]. Financial Updates - Waste Connections has declared a regular quarterly cash dividend of $0.35 per common share, payable on March 12, 2026, to shareholders of record as of February 25, 2026 [8]. - The company plans to offer $600 million of 4.800% Senior Notes due 2036, with the offering expected to close on March 16, 2026 [6].
The great physical realignment: Gold $10,000, silver $200, and the death of the paper market
KITCO· 2026-03-18 19:33
Core Insights - Jeremy Szafron has joined Kitco News as an anchor and producer, bringing a wealth of experience in journalism, particularly in finance and current affairs [1][5] Group 1: Career Background - Jeremy began his journalism career in 2006 at CTV, initially focusing on entertainment before transitioning to business reporting, particularly in mining and small-cap sectors [2] - He gained recognition for his macro-financial and market trends analysis, becoming a sought-after commentator on CTV Morning Live and CTV News Network [2] - A significant highlight of his career was covering the 2010 Vancouver Olympic Games, which led to the development of an online video news program for PressReader, a digital newsstand with 8,000 editions in 60 languages [3] Group 2: Digital Media Ventures - In 2012, Jeremy launched The Green Scene Podcast, which quickly attracted over 400,000 subscribers and positioned him as a prominent voice in the cannabis industry [4] - Following this success, he established Investor Scene and Initiate Research, platforms that provide exclusive market insights and deal-flow opportunities in mining and Canadian small-cap markets [4] Group 3: Professional Expertise - Jeremy has served as a market strategist and investor relations consultant for various publicly traded companies across mining, energy, consumer packaged goods (CPG), and technology sectors [5] - He holds a BA in Journalism from Concordia University, which has supported his diverse career trajectory [5]
X @Bloomberg
Bloomberg· 2026-03-18 19:16
The complex that houses the world’s largest liquefied natural gas export plant has suffered “extensive damage” after an Iranian attack, hours after Tehran warned of threats to energy facilities across the Gulf. https://t.co/ooEvOfnKxz ...
McGrath RentCorp Remains Attractive Despite Its Plunge (NASDAQ:MGRC)
Seeking Alpha· 2026-03-18 16:44
Core Insights - Crude Value Insights provides an investment service and community focused on the oil and natural gas sectors, emphasizing cash flow generation and growth potential [1] Group 1 - The service offers subscribers access to a model account with over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live discussions about the sector [1]
Asia-Pacific markets set to rise as Middle East tensions escalate after UAE energy attacks
CNBC· 2026-03-17 23:40
Market Performance - South Korea's Kospi led gains in Asia, increasing over 3%, while the small-cap Kosdaq rose by 1.18% [1] - Japan's Nikkei 225 jumped 1.91%, and the Topix added 0.95% following a report of a 4.2% increase in exports year-over-year for February, surpassing economists' expectations of a 1.6% rise [1][2] - Australia's S&P/ASX 200 was up by 0.25%, Hong Kong's Hang Seng index climbed 0.3%, and the CSI 300 inched up by 0.13% [2] Economic Indicators - Japan's exports rose by 4.2% in February, beating the forecasted 1.6% increase, following a significant 16.8% rise in the previous month [2] - U.S. oil prices increased by 0.06% to $96.27 amid ongoing geopolitical tensions in the Middle East [3] Geopolitical Concerns - The escalation of the Middle East war, particularly attacks on the United Arab Emirates' energy infrastructure, has raised concerns about potential supply disruptions [2] - Recent incidents include a drone strike on a major gas development and damage to a tanker near the Strait of Hormuz, contributing to market volatility [3]
Stock market today: Dow, S&P 500, Nasdaq futures rise with Fed decision on deck
Yahoo Finance· 2026-03-17 22:54
Market Overview - US stock futures showed a positive trend with Dow Jones Industrial Average futures rising 0.5%, S&P 500 futures up 0.5%, and Nasdaq 100 futures gaining 0.7% as markets regrouped after the Iran war shock [1] - Oil prices experienced a retreat, with West Texas Intermediate crude futures dropping over 1% to trade at over $93 per barrel, and Brent crude futures sliding around 0.2% to $103 [3] Federal Reserve and Economic Projections - Wall Street is preparing for the Federal Reserve's policy decision, with expectations that rates will remain unchanged in the 3.5% to 3.75% range, while investors await comments from Chair Jerome Powell regarding the inflationary impact of high oil prices [4] Corporate Developments - Micron Technology is set to report quarterly results after the market close, while General Mills and Macy's are also scheduled to report on the same day [5] - New Fortress Energy shares surged 10% after announcing a significant debt restructuring plan that reduces their debt from $5.7 billion to $527.5 million and splits the company into two [5]
X @Bloomberg
Bloomberg· 2026-03-17 20:40
The Trump administration intends to take additional steps to ease sanctions on Venezuela’s oil sector in an effort to increase crude production as the Iran war sends prices surging https://t.co/FV11O91eYL ...
Bloomberg Surveillance 3/17/2026
Bloomberg Television· 2026-03-17 17:38
MARKETS ARE EFFICIENT AT EXPOSING WHAT THE WEAKLING SIDE. >> MOST SHOULD BE COME -- IT SHOULD BE ABLE TO COME BACK WHEN THE WAR ENDS. >> WERE HAS A MOMENTUM OF ITS OWN.>> IF THIS ONLY LASTS A MONTH OR LESS WE WILL BE OK. THERE WILL BE A SNAP BACK. >> LONGER TERM THERE IS THE DIVERSIFICATION STORY.>> THIS IS BLOOMBERG SURVEILLANCE WITH JONATHAN FERRO, LISA ABRAMOWICZ, AND ANNMARIE HORDERN. JONATHAN: BLOOMBERG SURVEILLANCE STARTS NOW. COMING INTO TUESDAY WITH STOCKS DOWN AND CRUDE HIGHER, IRANIAN ATTACKS ON E ...
Compagnie de l'Odet : Results for fiscal year 2025
Globenewswire· 2026-03-17 16:45
Core Insights - Compagnie de l'Odet reported a net profit of €218 million for fiscal year 2025, with a proposal to pay a dividend of €4.80 per share, reflecting a 9% increase from the previous year [1][3][21] - Revenue decreased to €2,924 million, representing a 9% decline at constant scope and exchange rates [5][28] - Adjusted operating income (EBITA) improved to €282 million, a significant recovery from a loss of €16 million in 2024 [6][31] Financial Performance - Net income for 2025 was €354 million, a substantial decrease from €1,750 million in 2024, which included significant capital gains from the disposal of Bolloré Logistics [2][9] - The net cash position increased to €5,126 million at the end of 2025, up from €4,806 million in 2024 [11] - Shareholders' equity decreased to €21,089 million, down €665 million from the previous year, primarily due to changes in the fair value of securities and dividends paid [10][26] Revenue Breakdown - Revenue from Bolloré Energy was €2,511 million, down 9%, while the Industry segment reported €310 million, a 13% decline [6][28] - The "Other" category, which includes Agricultural Assets and Holdings, saw a slight increase in revenue to €103 million, up 2% [28] Dividend and Shareholder Returns - The Board of Directors proposed a dividend of €4.80 per share, marking a 9% increase compared to the previous year [21] - An exceptional dividend of €1.5 per share is anticipated in the second half of 2026, contingent on the exceptional dividend received from Bolloré SE [4][23] Key Transactions - Compagnie de l'Odet acquired 6.8 million Bolloré shares for €32 million and sold nearly 6 million UMG N.V. shares for €165 million [14][18] - The company continued its share repurchase program, acquiring shares totaling €26 million [18] Market Context - The financial performance reflects broader market challenges, including a decrease in prices across various sectors, particularly in energy and industry [6][28] - The company is navigating a complex regulatory environment, particularly concerning its control over Vivendi SE, which has implications for future strategic decisions [25]