NEW YORK, May 05, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Solaris Energy Infrastructure, Inc. ("Solaris Energy Infrastructure, Inc." or the "Company") (NYSE: SEI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Solaris Energy Infrastructure, Inc. investors who were adversely affected by alleged securities fraud between July 9, 2024 and March 17, 2025. Follow the link below to get more information and be contacted by a memb ...

Energy Transfer LP (NYSE: ET ) stock has not felt quite good since February 12 , when I shared my previous bullish call. The stock is down more than 13%, which is a notable underperformance compared to theAs an investor who started my path five years ago with my own capital, I represent a blend of hands on experience and academic background in corporate finance. Due to my relatively young age I thrive on discovering long-duration growth opportunities and actively seek out opportunities that align with my ri ...

Core Insights - TC Energy Corporation (TRP) reported first-quarter 2025 adjusted earnings of 66 cents per share, missing the Zacks Consensus Estimate of 70 cents, and down from 92 cents in the same period last year [1] - The company's quarterly revenues were $2.5 billion, which also fell short of the Zacks Consensus Estimate by $18 million and decreased by 19.8% year over year [1] Financial Performance - Comparable EBITDA for the quarter was C$2.7 billion, up 1% from the previous year and exceeding model estimates by 2.4% [2] - The board declared a quarterly dividend of 85 Canadian cents per common share, payable on July 31, 2025 [2] Segment Performance - Canadian Natural Gas Pipelines reported a comparable EBITDA of C$890 million, a 5.2% increase year over year, driven by higher flow-through costs and contributions from Coastal GasLink [3] - U.S. Natural Gas Pipelines reported a comparable EBITDA of C$1.4 billion, indicating a 4.7% increase from the prior year [5] - Mexico Natural Gas Pipelines reported a comparable EBITDA of C$233 million, up 8.9% from the previous year but missing estimates [7] - Power and Energy Solutions saw a comparable EBITDA of C$224 million, down 30% from the previous year due to lower contributions from Bruce Power and lower realized power prices [8] Operational Metrics - Canadian Natural Gas Pipelines deliveries averaged 27.6 billion cubic feet per day (Bcf/d), an 8% increase compared to the first quarter of 2024 [4] - U.S. Natural Gas Pipelines' daily average flows reached 31 Bcf/d, reflecting a 5% increase year over year [6] - Mexico Natural Gas Pipelines flows averaged 3.1 Bcf/d, up 6% from the first quarter of 2024 [7] Capital Expenditures and Financial Position - As of March 31, 2025, capital investments amounted to C$1.8 billion, with cash and cash equivalents of C$2 billion and long-term debt of C$45 billion, resulting in a debt-to-capitalization ratio of 61.1% [10][11] Future Guidance and Projects - TC Energy plans to bring approximately C$8.5 billion in projects online in 2025, including the Southeast Gateway pipeline project, while maintaining a focus on high-return projects [12][13] - The company expects comparable EBITDA for 2025 to be between C$10.7 billion and C$10.9 billion, with capital expenditures projected between C$6.1 billion and C$6.6 billion [14] Project Highlights - The Southeast Gateway pipeline is ready for service, with all contracted capacity secured and approval of regulated rates expected by the end of May [15][16] - The Northwoods project, an expansion of the ANR system, has been approved and is expected to provide 0.4 Bcf/d of capacity by late 2029 [17] - The Unit 5 Major Component Replacement project, valued at C$1.1 billion, is set to commence in Q4 2026 [18]

NEW YORK, May 5, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Solaris Energy Infrastructure, Inc. (NYSE: SEI).Shareholders who purchased shares of SEI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE:https://securitiesclasslaw.com/securities/solaris-energy-infrastructure-inc-loss-submission-form/?id=146603&from=4CLA ...

Core Viewpoint - SM Energy Company reported strong first-quarter 2025 results, with adjusted earnings and revenues exceeding expectations, driven by increased production volumes and higher realized prices [1][2][4]. Financial Performance - Adjusted earnings per share for Q1 2025 were $1.76, surpassing the Zacks Consensus Estimate of $1.60 and up from $1.41 in the previous year [1]. - Total revenues reached $845 million, exceeding the Zacks Consensus Estimate of $822 million and significantly higher than $560 million in the year-ago quarter [1]. Operational Performance - Production volumes for Q1 2025 were 197.3 MBoe/d, a 36% increase from 145.1 MBoe/d in the previous year, with oil comprising almost 53% of total production [2]. - Oil production rose approximately 63% year over year to 103.7 MBbls/d, exceeding the Zacks Consensus Estimate of 103 MBbls/d [2]. - Natural gas production was 404.2 million cubic feet per day, an 18% increase year over year, while natural gas liquids production improved 8% to 26.2 MBbls/d [3]. Realized Prices - The average realized price per Boe was $47.29, up from $42.39 in the year-ago quarter [4]. - The average realized oil price decreased by 7% to $70.56 per barrel, while the average realized natural gas price increased by 51% to $3.30 per thousand cubic feet [4]. Costs & Expenses - Unit lease operating expenses increased by 11% year over year to $6.13 per Boe, while general and administrative expenses decreased by 3% to $2.22 per Boe [5]. - Transportation expenses surged by 89% to $3.92 per Boe, with total hydrocarbon production expenses amounting to $225 million compared to $137.4 million in the previous year [5]. Capital Expenditures - Capital expenditures for the quarter totaled $440.8 million, with adjusted free cash flow of $73.8 million [6]. Balance Sheet - As of March 31, 2025, SM Energy had cash and cash equivalents of $54,000 and a net debt of $2.77 billion [7]. Guidance - For Q2 2025, production is expected to be between 197-203 MBoe/d, with oil contributing 54-55% [9]. - Full-year 2025 net production volume is anticipated to be in the range of 200-215 MBoe/d, implying a year-over-year increase of approximately 22% [10].

NEW YORK, May 2, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Solaris Energy Infrastructure, Inc. ("Solaris Energy Infrastructure, Inc." or the "Company") (NYSE: SEI) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Solaris Energy Infrastructure, Inc. investors who were adversely affected by alleged securities fraud between July 9, 2024 and March 17, 2025. Follow the link below to get more information and be contacted by a member of ...

Core Viewpoint - Solaris Energy Infrastructure, Inc. (NYSE: SEI) is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its business operations and the acquisition of Mobile Energy Rentals LLC (MER) [1][3]. Allegations - The complaint alleges that during the class period from July 9, 2024, to March 17, 2025, the defendants failed to disclose critical information about MER, including its lack of corporate history in mobile turbine leasing and a non-diversified earnings stream [3]. - It is claimed that MER's co-owner has a criminal background associated with turbine-related fraud, which was not disclosed, leading to an overstatement of the commercial prospects of the acquisition [3]. - The lawsuit also alleges that Solaris inflated its profitability metrics by not properly depreciating its turbines, resulting in misleading positive statements about the company's business and operations [3]. Class Action Details - Shareholders who purchased SEI shares during the specified class period are encouraged to register for the class action, with a deadline set for May 27, 2025 [4]. - Participants will be enrolled in a portfolio monitoring system to receive updates on the case's progress [4]. Law Firm Information - The Gross Law Firm, a nationally recognized class action law firm, is representing the shareholders and aims to protect investors' rights against deceit and fraud [5].

HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today a monthly distribution of $0.08 per share for May 2025. This distribution is payable to common stockholders on May 30, 2025 (as outlined in the table below). The Company declares distributions on a monthly basis, with its next distribution expected to be declared in early June. Payment of future distributions is subject to the approval of the Company’s Board of Directors, as well as meet ...

Financial Performance - Hess Corporation reported first-quarter 2025 adjusted earnings per share (EPS) of $1.81, beating the Zacks Consensus Estimate of $1.77, but down from $3.16 in the same quarter last year [1] - Total quarterly revenues decreased to $2,938 million from $3,341 million year-over-year, although it surpassed the Zacks Consensus Estimate of $2,901 million [1] - Adjusted earnings from the exploration and production segment were $563 million, significantly down from $997 million a year ago due to lower realized crude oil prices [2] Production Metrics - Quarterly hydrocarbon production totaled 476 thousand barrels of oil equivalent per day (MBoe/d), flat year-over-year, and exceeded the estimate of 470.7 MBoe/d [2] - Crude oil production was 304 thousand barrels per day (MBbls/d), slightly down from 305 MBbls/d in the prior year, but above the estimate of 299.1 MBbls/d [3] - NGL production increased to 76 MBbls/d from 71 MBbls/d year-over-year, also beating the estimate of 72.7 MBbls/d [3] - Natural gas production decreased to 574 thousand cubic feet per day (Mcf/d) from 599 Mcf/d a year ago, missing the estimate of 593.2 Mcf/d [3] Pricing and Costs - Worldwide crude oil realization per barrel was $71.22, down from $80.06 in the previous year, while global natural gas prices rose to $4.89 per Mcf from $4.62 [4] - Average global NGL selling price increased to $24.08 per barrel from $22.97 year-over-year [4] - Operating expenses totaled $470 million, up from $412 million a year ago, exceeding the projection of $425.2 million [6] - Total costs and expenses increased to $2,157 million from $1,926 million in the prior-year period [6] Cash Flow and Debt - Net cash provided by operating activities was $1,401 million, with capital expenditure for exploration and production activities totaling $1,085 million [7] - As of March 31, 2025, the company had $1,324 million in cash and cash equivalents, while long-term debt stood at $8,654 million [7] Future Outlook - For the second quarter of 2025, Hess expects net production from the exploration and production business to be in the range of 480-490 thousand barrels of oil equivalent per day [9] - The fourth oil development in the Starbroek Block, Yellowtail, is expected to start up in the third quarter of 2025 [9] - The company forecasts total exploration and production capital and exploratory expenditure of $4.5 billion for the full year 2025 [9]

Amplify Energy Corporation (AMPY) , a U.S.-based exploration and production company, recently announced that it has signed a termination agreement with Juniper Capital Advisors, L.P., for their previously announced merger deal. Both parties mutually agreed upon the decision. The decision was primarily influenced by extreme market volatility, likely resulting from recent disruptions in the energy sector.Per the terms of the Termination Agreement, Juniper Capital Advisors is expected to receive $800,000 in ca ...