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Suburban Propane President & CEO Michael Stivala Honored with Dual Awards for Executive Leadership
Prnewswire· 2025-10-16 12:05
Core Insights - Suburban Propane Partners, L.P. celebrates the recognition of its President and CEO, Michael A. Stivala, who received the 2025 NJBIZ Executive Excellence Award and Gold-level honors in the 2025 GLOBEE Awards for Leadership [1][2] Company Achievements - Stivala has over two decades of service at Suburban Propane, with more than ten years as CEO, leading the company through growth, diversification, and innovation [3] - Under his leadership, Suburban Propane has expanded to over 700 locations across 42 states, serving over one million customers [4] - The company has launched Suburban Renewables and secured a multi-year partnership with NASCAR, reflecting a commitment to sustainability and operational excellence [3][4] Community Engagement - Suburban Propane actively supports social impact initiatives through its SuburbanCares platform, focusing on veterans, first responders, youth programs, and disaster relief [4] - The company emphasizes its dedication to local communities and sustainable energy solutions as part of its core values [6]
Analyzing Edison International’s (EIX) Payouts: Stability and Opportunities for Investors
Yahoo Finance· 2025-09-30 17:51
Core Insights - Edison International (NYSE:EIX) is recognized as one of the Best High Yield Stocks to Buy in October [1] - The company is a California-based energy holding firm that provides safe and renewable energy through its subsidiaries, mainly Southern California Edison Company (SCE) and Trio [2] Financial Performance - In Q2 2025, Edison International reported revenue of $4.54 billion, reflecting a year-on-year increase of 4.77% [3] - Operating cash flow rose significantly to $2.1 billion, up from $1.3 billion in the previous year [3] - The company had $140 million in cash and cash equivalents at the end of the quarter [3] Dividend Information - On September 23, Edison International declared a quarterly dividend of $0.8275 per share, maintaining the same level as the previous dividend [4] - The company has a track record of increasing dividends for 21 consecutive years [4] - As of September 27, the stock has a dividend yield of 6.02% [4]
Gilbarco Veeder-Root offloads operations in Europe to TSG
Yahoo Finance· 2025-09-30 13:44
Core Insights - Gilbarco Veeder-Root has completed the divestiture of its European service operations to TSG, aligning with its strategy to optimize its business portfolio [1] - The divestiture includes service operations in the UK, Finland, Denmark, Sweden, Norway, Estonia, Latvia, and Lithuania [1] - TSG aims to enhance its service capabilities in the Nordics and Baltics and strengthen its presence in Europe [2] Company Strategy - The transaction allows Gilbarco Veeder-Root to focus on its core technologies while ensuring service continuity through coordinated arrangements with TSG [3] - Gilbarco Veeder-Root's managing director emphasized the commitment to customer support and product innovation following the divestiture [4] Workforce and Financials - Over 380 professionals, including project managers, engineers, and field technicians, will transition to TSG as part of the deal [2] - TSG operates in energy distribution infrastructures, including fuel and biofuel service stations, electric vehicle charging networks, and LPG/LNG and hydrogen facilities [4] - TSG has a workforce exceeding 6,400 employees, with sales figures reaching €1.25 billion as of April 2025 [5]
Global Partners LP (NYSE:GLP) Shows Confidence in Future Prospects
Financial Modeling Prep· 2025-09-26 02:00
Company Overview - Global Partners LP (NYSE:GLP) is a significant entity in the Oils-Energy sector, involved in the distribution of gasoline, distillates, and other petroleum products, operating a network of terminals and retail locations [1] - The company has a market capitalization of approximately $1.7 billion, indicating its substantial presence in the energy distribution landscape [4][6] Recent Transactions - On September 25, 2025, Global GP LLC, as the General Partner of GLP, purchased 5,000 shares of Common units at a price of $50.08 per share, increasing its total ownership to 169,724 securities, reflecting confidence in GLP's future prospects [2] - This recent purchase aligns with the company's strategy to strengthen its market position [2][6] Stock Performance - GLP's current stock price is $50.16, showing a decrease of 1.34% or $0.68, with trading volume today at 63,589 shares, indicating active investor interest [3][4] - The stock has fluctuated between a low of $49.83 and a high of $50.94 today, and over the past year, it reached a high of $60 and a low of $43.20 [4] Investment Potential - Zacks Investment Research highlights GLP as potentially undervalued, making it attractive to value investors, with high grades in the "Value" category [3][6] - The Oils-Energy sector's performance suggests that companies like GLP have the potential to outperform the market, with a focus on earnings estimate revisions and improving earnings outlooks being crucial for identifying top-performing stocks [5]
Rexel: REXEL LAUNCHES A SENIOR NOTES OFFERING FOR A NOMINAL AMOUNT OF €400 MILLION
Globenewswire· 2025-09-02 06:26
Core Viewpoint - Rexel has announced a senior notes offering for a nominal amount of €400 million, which aims to enhance its financial structure and extend its debt maturity profile at favorable financing conditions [1][2]. Company Overview - Rexel is a global expert in multichannel professional distribution of products and services for the energy sector, operating in three main markets: residential, non-residential, and industrial [6]. - The company has a network of over 1,950 branches across 17 countries and employs more than 27,000 people [6]. - Rexel reported sales of €19.3 billion in 2024 [6]. Financial Details - The senior unsecured notes will be due in 2030 and are callable at Rexel's discretion starting from September 2027 [1]. - Proceeds from the notes will be used for general corporate purposes [2]. - The notes are expected to be rated by Moody's and Standard & Poor's, with announcements from the rating agencies anticipated shortly [3]. Regulatory and Market Information - The offering will be conducted exclusively for investors outside the United States and is expected to be listed on the Luxembourg Stock Exchange (Euro MTF) [2]. - In France, the sale will be limited to qualified investors, with no public offering planned [5][20]. - The notes are directed only at relevant persons in the United Kingdom and will not be available to retail investors [21][22]. Additional Information - Rexel is listed on the Eurolist market of Euronext Paris and is included in various indices recognizing its performance in Corporate Social Responsibility (CSR) [7].
5 Stocks With a Strong Dividend Growth Track Record
ZACKS· 2025-07-31 15:11
Core Insights - Wall Street is experiencing a strong rally, driven by solid corporate earnings, resilient economic data, the AI boom, and retail investor enthusiasm, despite concerns over trade policy and Federal Reserve actions [1] Dividend Growth Strategy - Dividend investing is gaining traction as it provides consistent income, especially in uncertain markets, with a focus on stocks that have a strong history of year-over-year dividend growth leading to higher returns [2][4] - Stocks with a solid dividend growth history are typically mature companies, offering downside protection and acting as a hedge against market volatility [4][5] - Selected dividend growth stocks include Boyd Gaming Corporation, TE Connectivity, UGI Corporation, NetEase Inc., and Garmin Ltd., which show strong earnings revisions and growth potential [3][9] Stock Selection Criteria - Stocks selected for dividend growth should have a 5-Year Historical Dividend Growth greater than zero, indicating a solid dividend growth history [6] - Additional criteria include 5-Year Historical Sales Growth and EPS Growth greater than zero, ensuring a strong record of revenue and earnings growth [7] - Valuation metrics such as Price/Cash Flow less than the industry average and a 52-Week Price Change greater than the S&P 500 are also important for stock selection [8] Company Profiles - **Boyd Gaming Corporation (BYD)**: A multi-jurisdictional gaming company with a positive earnings estimate revision of $0.31 and an earnings surprise of 9.12% over the past four quarters, holding a Zacks Rank 1 and a Growth Score of A [10][11] - **TE Connectivity (TEL)**: A global technology company with a solid earnings estimate revision of $0.22 and an estimated growth of 12.30%, also holding a Zacks Rank 1 and a Growth Score of B [11][12] - **UGI Corporation (UGI)**: A holding company for energy products with an estimated earnings growth rate of 2.29% and an average earnings surprise of 75.67%, holding a Zacks Rank 2 and a Growth Score of B [13] - **NetEase Inc. (NTES)**: An Internet technology company with a positive earnings estimate revision and an estimated earnings growth rate of 20.14%, holding a Zacks Rank 2 and a Growth Score of A [14] - **Garmin Ltd. (GRMN)**: An OEM of navigation equipment with a positive earnings estimate revision of $0.03 and an estimated earnings growth rate of 7.85%, holding a Zacks Rank 2 and a Growth Score of B [15]
Rexel’s First Half 2025 Financial Report   Made Available
Globenewswire· 2025-07-28 15:50
Group 1 - Rexel's first-half 2025 financial report was filed on July 30, 2025, with the French Autorité des marchés financiers (AMF) and is available on Rexel's corporate website [2][6] - Rexel operates in three main markets: residential, non-residential, and industrial, providing a tailored range of products and services in energy management [3] - The Group's sales reached €19.3 billion in 2024, indicating a strong market presence [3] Group 2 - Rexel is listed on the Eurolist market of Euronext Paris under the ticker RXL and is included in several indices such as MSCI World and CAC Next 20 [4] - The company is recognized for its performance in Corporate Social Responsibility (CSR) and is part of various sustainability indices [4]
Fusion Fuel Announces New LPG Projects for Subsidiary Al Shola Gas
GlobeNewswire News Room· 2025-07-25 12:00
Core Insights - Fusion Fuel Green PLC announced new projects through its subsidiary Al Shola Al Modea Gas Distribution LLC, focusing on liquefied petroleum gas (LPG) systems in Dubai, UAE [1][4] Project Details - The largest new projects are valued at over AED 1.9 million (approximately $517,000), including a 20-floor residential building with 722 apartments valued at AED 885,000 (approximately $241,000) and an 8-floor mixed-use development valued at AED 850,000 (approximately $232,000) [2] - Additional contracts have a total estimated value of approximately AED 200,000 (approximately $54,000), contributing significantly to Al Shola Gas's project pipeline [3] Market Demand - Since the beginning of 2025, Al Shola Gas has averaged between 580 and 630 metric tons (MT) of bulk LPG and 160 to 180 MT of LPG in cylinders per month, indicating strong demand for LPG in the UAE market [4] Strategic Outlook - The CEO of Fusion Fuel highlighted that these new orders enhance Al Shola Gas's market presence and support the company's strategy to grow its energy services platform in the Gulf region, with a fully booked engineering team for the next 18 months [4]
Rexel: biannual sharebuyback program at 31 December 2024
Globenewswire· 2025-07-17 16:15
Core Points - The liquidity agreement between Rexel and Natixis-Oddo BHF was updated, showing a liquidity account balance of 325,306 Rexel shares and €13,115,050.42 as of December 31, 2024, compared to 626,370 shares and €8,211,229 at the start of the agreement [1] - During the period from July 1, 2024, to December 31, 2024, a total of 4,541 purchase transactions were executed, resulting in the purchase of 3,072,168 Rexel shares for €75,753,769.87, while 5,580 sale transactions involved 3,046,898 shares for €75,816,624.54 [3][4] Company Overview - Rexel is a global expert in multichannel professional distribution of products and services for the energy sector, serving residential, non-residential, and industrial markets [7] - The company operates over 1,950 branches across 17 countries and employs more than 27,000 people, with sales reaching €19.3 billion in 2024 [8] - Rexel is listed on the Euronext Paris and included in various indices such as MSCI World and CAC 40 ESG, reflecting its commitment to corporate social responsibility [9]
Rexel: biannual sharebuyback program at 30 June, 2025
Globenewswire· 2025-07-17 16:15
Group 1 - The liquidity agreement between Rexel and Natixis-Oddo BHF includes a liquidity account with 163,986 Rexel shares and €16,816,936 as of June 30, 2025, compared to 626,370 shares and €8,211,229 at the agreement's inception [1] - From January 1 to June 30, 2025, there were 7,163 purchase transactions totaling 3,616,873 Rexel shares and €90,484,529, while 7,795 sale transactions accounted for 3,778,193 shares and €95,593,527 [3][4] Group 2 - Rexel operates in the multichannel professional distribution of products and services for the energy sector, focusing on residential, non-residential, and industrial markets [7] - The company has a network of over 1,950 branches across 17 countries and employs more than 27,000 people, with sales reaching €19.3 billion in 2024 [7] - Rexel is listed on the Euronext Paris and included in various indices such as MSCI World and CAC 40 ESG, reflecting its commitment to corporate social responsibility [8]