Core Points - Liberty Energy Inc. announced a dual listing of its common stock on NYSE Texas, effective October 30, 2025, while maintaining its primary listing on the New York Stock Exchange with the same ticker symbol "LBRT" [1][3] - The CEO of Liberty Energy expressed excitement about joining NYSE Texas, highlighting Texas's role in North American energy leadership and the company's commitment to empowering local communities [2] - Liberty Energy is a leading energy services company, specializing in completion services and technologies for onshore oil, natural gas, and enhanced geothermal energy producers in North America [4] Company Overview - Liberty Energy Inc. is headquartered in Denver, Colorado, and was founded in 2011, focusing on value creation through innovation and excellence [4] - The company operates Liberty Power Innovations LLC, which provides advanced distributed power and energy storage solutions for various industries [4] Recent Developments - Liberty Energy reported third quarter 2025 financial results, with revenue of $947 million, a 9% sequential decrease, and a net income of $43 million, translating to $0.26 fully diluted earnings per share [7] - The company announced a 13% increase in its quarterly cash dividend to $0.09 per share, to be paid on December 18, 2025 [9]

Core Insights - TETRA Technologies reported a strong financial performance in Q3 2025, achieving a ten-year high adjusted EBITDA of $93 million for the first nine months, with Q3 adjusted EBITDA at $25 million and a margin of 16.3% despite challenges in the U.S. onshore oil and gas markets [2][4][6] Financial Performance - Revenue for Q3 2025 was $153 million, an 8% increase year-over-year, while adjusted EBITDA rose by 7% to $25 million [6][5] - Net income before taxes was $8.1 million, remaining flat year-over-year, with earnings per share at $0.03 and adjusted earnings per share at $0.04 [6][5] - The company ended Q3 with $67 million in cash and a net leverage ratio of 1.2 times trailing twelve-month adjusted EBITDA [3][24] Segment Performance - Completion Fluids & Products revenue increased by 39% year-over-year, with adjusted EBITDA margins reaching 30.5% [7][3] - Water & Flowback Services revenue decreased by 2% sequentially but saw an 18% decline year-over-year, with adjusted EBITDA margins improving to 11.9% due to cost control measures [9][3] Growth Initiatives - TETRA is advancing its Arkansas bromine processing facility, with an investment of $28 million and plans for full operational capacity by the end of 2027 [3][12] - The company is also focused on battery electrolyte production, anticipating significant revenue growth as Eos Energy ramps up deliveries from its automated production line [20][8] Full Year Guidance - For the full year 2025, TETRA expects GAAP net income before taxes to be between $19 million and $27 million, with adjusted EBITDA projected between $107 million and $112 million [4][6]

Core Viewpoint - Petrofac, a US-based energy services company, has initiated administration proceedings for its holding company due to financial difficulties, while ensuring that its North Sea operations remain unaffected [1][2]. Company Operations - The administration process is targeted specifically at the Group's ultimate holding company, and the group's operations will continue to trade [2][3]. - Administrators will collaborate with executive management to preserve value, operational capability, and ongoing service delivery across the group's entities [4]. Financial Situation - Petrofac's financial position has significantly deteriorated, with its value dropping from approximately £6 billion ($9 billion) in 2012 to around £20 million ($26.7 million) before share trading was suspended in May 2025 [5]. - The decline in financial health is attributed to a Serious Fraud Office investigation, multiple profit warnings, delayed contract payments, and rising operational costs [5]. Industry Context - The termination of a significant offshore wind contract with Dutch grid operator TenneT disrupted Petrofac's planned financial restructuring [2]. - The Aberdeen and Grampian Chamber of Commerce expressed concerns regarding the challenges faced in the North Sea supply chain, emphasizing the importance of Petrofac to the local economy [5][7]. - The UK Department of Energy Security and Net Zero noted that Petrofac's UK operations continue to function normally, highlighting the skilled workforce and successful contracts [6].

Company Highlights - Vivakor, Inc. recently closed a $40 million credit facility aimed at expanding its crude oil trading platform [1] - The company will present at the ThinkEquity conference on October 30, 2025, where its Chairman, President, and CEO James Ballengee will discuss company highlights [3][5] - Vivakor operates one of the largest fleets of oilfield trucking services in the continental United States, focusing on sustainable energy solutions [5] Conference Details - The ThinkEquity conference will host over 700 public company advisors, institutional investors, and presenting companies, featuring one-on-one meetings, company presentations, and panel discussions [2] - Vivakor is available for one-on-one meetings with institutional analysts and investors during the conference [3] Company Overview - Vivakor is an integrated provider of energy transportation, storage, reuse, and remediation services, with a mission to develop and operate assets in the energy sector [5] - The company is working on oilfield waste remediation facilities to recover, reuse, and dispose of petroleum byproducts and oilfield waste products [6]

Core Insights - Helix Energy Solutions Group, Inc. reported a net income of $22.1 million, or $0.15 per diluted share, for Q3 2025, a significant improvement from a net loss of $2.6 million, or $(0.02) per diluted share, in Q2 2025, and a decrease from net income of $29.5 million, or $0.19 per diluted share, in Q3 2024 [1] Financial Performance - The company achieved Adjusted EBITDA of $103.7 million for Q3 2025, compared to $42.4 million in Q2 2025, indicating a strong quarter-over-quarter growth [1]

Group 1 - Willdan Group Inc. has been selected by National Grid to provide energy efficiency services to small businesses in Massachusetts, marking its entry into the Massachusetts market and expanding its presence in the Northeast [1][3] - The new two-year contract involves implementing a small business direct install program aimed at improving energy efficiency, safety, and comfort for local business owners while reducing their monthly energy costs [2][3] - CEO Mike Bieber emphasized that this contract enhances the company's service reach and demonstrates its commitment to delivering measurable energy savings and supporting the energy transition in Massachusetts [3] Group 2 - Willdan Group operates primarily in the US, providing professional, technical, and consulting services through two segments: Energy and Engineering & Consulting [4]

Market Overview - The Dow Jones Industrial Average rose 0.1% to 46,757.20, while the S&P 500 slipped 0.1% to 6,731.14 and the Nasdaq Composite declined 0.3% to 22,933.67 [2][4] - Tech giants, including Alphabet, saw a decline, with Alphabet dropping 1.3% from its record high, becoming the heaviest drag on the S&P 500 [3][4] Company Performance - General Motors (GM) surged 10.2% after reporting quarterly results that surpassed analyst expectations and raised its full-year financial forecasts [2][4] - CEO Mary Barra indicated that GM is taking steps to curb losses in its electric vehicle business by 2026, acknowledging slower-than-expected EV adoption [2][4] - Halliburton and Danaher both climbed over 8% after reporting stronger-than-expected profits [2][4] - Coca-Cola rose 3.4% and GE Aerospace advanced 4.2% on positive earnings reports [2][4] - Warner Bros. Discovery shares jumped 10.6% as the company considers a sale of all or part of its business due to unsolicited interest [2][4] Market Sentiment - Analyst Patrick O'Hare noted that earnings news for the September quarter continues to be better than expected, with generally reassuring guidance [3][4] - CFRA Research's Sam Stovall highlighted investor concerns regarding stretched valuations amid strong year-to-date gains [5] International Markets - Markets in Europe and Asia were broadly higher, with Japan's Nikkei 225 rising 0.3% and Shanghai gaining 1.4% [5] - Hong Kong rose 0.7% amid hopes for a meeting between President Donald Trump and Chinese President Xi Jinping to ease trade tensions [5] Bond Market - The yield on the 10-year Treasury fell to 3.95% from 4.00% [5]

Core Insights - VoltaGrid and Halliburton have entered into a strategic collaboration to provide distributed power generation solutions for data centers globally, starting with the Middle East [1][2]. Group 1: Collaboration Details - The partnership will combine Halliburton's operational expertise and infrastructure with VoltaGrid's innovative technology and engineering design to create efficient and sustainable power generation systems [2][3]. - The collaboration aims to address the increasing demand for reliable, lower-emission energy infrastructure in the expanding digital and industrial sectors [2][3]. Group 2: Strategic Advantages - Halliburton will utilize its global operational footprint and regulatory knowledge, while VoltaGrid will contribute its proprietary QPac platform and procurement capabilities [3]. - This collaboration will provide VoltaGrid's large-scale data center customers with access to Halliburton's operational excellence, enhancing execution certainty and reliability [4]. Group 3: Leadership Statements - Halliburton's CEO emphasized the importance of this partnership in promoting sustainable energy solutions through collaboration and operational expertise [5]. - VoltaGrid's CEO highlighted that this collaboration marks a significant step in their global strategy, leveraging both companies' strengths to deliver reliable energy solutions in emerging markets [5].

Core Viewpoint - Atlas Energy Solutions Inc. will release its third quarter 2025 earnings after market close on November 3, 2025, and will hold a conference call to discuss the results on November 4, 2025 [1] Company Announcement - The earnings release will be available after market close on November 3, 2025 [1] - A conference call to discuss financial and operational results is scheduled for 8:00 AM Central Time (9:00 AM Eastern Time) on November 4, 2025 [1] - A live webcast of the conference call will be accessible at the company's investor relations website [1]

Core Viewpoint - Total Energy Services Inc. has announced a normal course issuer bid to repurchase shares, which is expected to enhance shareholder value by increasing their equity stake in the company [1][4]. Group 1: Normal Course Issuer Bid Details - The normal course issuer bid will commence on October 21, 2025, and will expire on October 20, 2026, with the Toronto Stock Exchange having accepted the notice [1]. - Total Energy may purchase up to 1,841,300 shares, which is 5% of the total outstanding shares as of October 16, 2025, with a maximum daily purchase limit of 12,837 shares based on the average daily trading volume [2]. Group 2: Previous Share Buyback Performance - In the previous normal course issuer bid that ended on October 20, 2025, Total Energy purchased 1,679,360 shares at an average price of $11.33 per share, representing 88% of the authorized shares for repurchase [3]. Group 3: Financial Stewardship and Shareholder Value - Total Energy has returned approximately $360 million to its shareholders through dividends, distributions, and share buybacks, including $6.66 per share in dividends and distributions [4]. - The company views the current market conditions as favorable for share repurchases, which is anticipated to benefit remaining shareholders by increasing their equity investment in Total Energy [4]. Group 4: Company Overview - Total Energy is headquartered in Calgary, Alberta, and provides various services including contract drilling, equipment rentals, and well servicing to the energy and resource industries in North America and Australia [5].