Financial Data and Key Metrics Changes - In Q1 2025, the company reported adjusted EBITDA of $280 million, an increase of $45 million from the previous quarter [11] - The pipeline segment results were $39 million higher than Q4 2024, reflecting a full quarter contribution from acquired interstate pipelines [11] - Gathering segment results increased by $6 million compared to Q4 2024, driven by lower overall expenses and growing volumes in the Haynesville [11] Business Line Data and Key Metrics Changes - Total gathering volumes in the Haynesville averaged 1.67 Bcf per day, an increase from the previous quarter due to new volumes and the return of offline production [11] - In the Northeast, volumes averaged 1.3 Bcf per day, a decrease from the previous quarter due to timing of producer activity [12] Market Data and Key Metrics Changes - The first quarter of 2025 experienced significant market volatility, with natural gas prices rising due to cold weather in January, followed by a decline as markets adjusted to tariff announcements [6] - Total U.S. natural gas supply and demand are expected to grow by approximately 19 Bcf per day through 2030, primarily driven by LNG exports and utility-scale power generation [8] Company Strategy and Development Direction - The company is focused on executing a $2.3 billion organic growth project backlog and integrating newly acquired interstate pipelines [5] - The company remains bullish about the long-term outlook for natural gas infrastructure, supported by growing demand from LNG exports and utility-scale power generation [9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in reaffirming 2025 and 2026 adjusted EBITDA guidance, citing a durable contract structure and minimal commodity exposure [7] - The company highlighted the positive political and regulatory support for natural gas infrastructure, recognizing the need for streamlined processes to build necessary infrastructure [9] Other Important Information - The company announced a first-quarter dividend of $0.82 per share, unchanged from the prior quarter, with a commitment to grow the dividend by 5% to 7% per year [13] - The company is currently investment grade with Fitch ratings and on a positive outlook with Moody's and S&P [13] Q&A Session Summary Question: Gathering volumes in Q1 - Management noted that the uptick in Haynesville volumes aligns with large public producers' activity, while private producers have also become more active [20] Question: Update on data center projects - Management confirmed ongoing advanced commercial conversations for data center power demand and utility-scale power generation projects [24] Question: Outlook on Millennium project - Management indicated strong interest in incremental capacity and noted that the Millennium pipeline is well-positioned to meet market demands [32] Question: Local and state-level energy infrastructure sentiment - Management observed a shift in sentiment among utilities and stakeholders, recognizing the need for reliable energy supply [40] Question: LNG demand and Woodside FID - Management expressed optimism about expansion opportunities stemming from Woodside's FID, which includes a header system connected to the company's assets [44] Question: Backlog and CapEx guidance - Management reassured that the backlog is growing and highlighted several projects progressing towards FID [88] Question: Impact of China tariffs on propane prices - Management clarified that the company has minimal exposure to the wet side of the Marcellus and views potential ethane rejection as an opportunity rather than a risk [96][98] Question: Confidence in navigating macro uncertainty - Management emphasized the durability of the portfolio, with no commodity exposure and a strong balance sheet, allowing confidence in meeting 2025 and 2026 goals [104][106] Question: Data center demand and utility-scale generation - Management reported robust underlying demand for both site-specific and utility-scale power generation, with ongoing projects advancing towards commercialization [112][114]

First Quarter 2025 Earnings Call April 30, 2025 Bluestone Gathering Lateral Pipeline NYSE: DTM Safe Harbor Statement 2 New slide First Quarter 2025 Accomplishments Strong financial performance Acquisition performing well and integration progressing as planned Progressing commercial opportunities and executing on construction projects This presentation contains statements which, to the extent they are not statements of historical or present fact, constitute "forward-looking statements" under the securities l ...

Core Points - The National Energy Regulatory Council has set a revenue cap for AB Amber Grid's regulated activities at 82.95 million EUR for the year 2026, which is a 30% increase from the 2025 cap of 63.83 million EUR [2] - The increase in regulated costs for 2026 is approximately 10% due to inflation and investments, with an additional 3% increase attributed to compensation for the Polish natural gas transmission operator related to the Lithuania–Poland interconnection project [3] - A significant portion of the revenue cap increase, around 17%, is due to adjustments for previous periods' revenue, costs, and return on investment rate [3] Pricing Decisions - The Board of Amber Grid will approve the prices for using the natural gas transmission network infrastructure, effective from January 1, 2026, ensuring they do not exceed the revenue cap [4] - Following the Board's decision, the prices will be submitted to the Council for approval [4]

Core Insights - Orca Energy Group Inc. reported a 51% increase in revenue for Q4 2024, but only a 1% increase for the full year compared to the previous year [1][4] - The company faced significant challenges due to the shutdown of the Songas Power Plant and the expiration of the Interim Power Purchase Agreement, which has adversely affected gas demand [1][8] - A high degree of uncertainty exists regarding the extension of the Songo Songo Development License, which is set to expire in October 2026 [1][10] Financial Performance - Revenue for Q4 2024 was $36.9 million, up from $24.4 million in Q4 2023, while total revenue for the year was $111.6 million, a slight increase from $110.2 million in 2023 [4][6] - The net loss attributable to shareholders for the year ended December 31, 2024, was $21.6 million, compared to a net income of $7.0 million in the prior year [4][7] - Net cash flows from operating activities decreased by 37% in Q4 2024 and by 44% for the year compared to the same periods in the previous year [4][7] Operational Highlights - Gas delivered and sold decreased by 3% in Q4 2024 and by 15% for the full year compared to the previous year [1][4] - The company recorded an asset impairment expense of $25.9 million related to the SS-7 well workover program [2][4] - Capital expenditures increased significantly, by 635% in Q4 2024 and by 244% for the year, primarily due to the well workover program [4][7] Reserves and Future Outlook - Proved conventional natural gas reserves decreased by 53% to 40 Bcf, while proved plus probable reserves decreased by 56% to 41 Bcf as of December 31, 2024 [6][7] - The net present value of the reserves at a 10% discount rate decreased by 45% compared to the previous year [6][7] - The company forecasts average Additional Gas sales for 2025 to be in the range of 70-72 MMcfd, estimated to be 4% lower than in 2024 [6][7] Regulatory and Legal Matters - The company is engaged in ongoing disputes with the Government of Tanzania and TPDC regarding the extension of the Songo Songo Development License and other contractual agreements [2][8] - A Tanzanian High Court judgment ordered the company to pay $23.1 million to a contractor, which the company is appealing [2][4] - The company has initiated discussions with the Ministry of Energy regarding the issues raised in the license extension application [2][10]

1Q 2025 Earnings APRIL 29, 2025 All forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement. 2 1Q 2025 Earnings Forward-Looking Statements reduced demand for natural gas, oil, and natural gas liquids ("NGLs"); negative public perception of our industry; competition in the natural gas and oil exploration and production industry; the volatility of natural gas, oil and NGL prices, which are affected by general economic and business conditions, as wel ...

Financial Data and Key Metrics Changes - Adjusted EBITDA reached a record high, marking a significant increase from 2023, with 19 of the 20 highest volume days recorded on Transco occurring this past winter [23] - The company returned over $2.3 billion in dividends to shareholders, maintaining a tradition of paying dividends every quarter for over fifty years [23] - The company achieved a 5% compound annual growth rate on dividends and an annualized total shareholder return compound annual growth rate of nearly 30% over the last five years [24] Business Line Data and Key Metrics Changes - The company placed six projects into service during the year and announced an additional six new projects, including expansions designed to support the conversion of electric power plants from coal to gas [25] - Twelve high-return transmission projects are currently in execution, which will add more than 3.25 billion cubic feet per day to the transmission systems [26] Market Data and Key Metrics Changes - There was an unprecedented surge in demand for long-term capacity on pipeline systems, driven by increasing natural gas demand from domestic power generation, LNG exports, and industrial reshoring [22] - The company operates more than 33,000 miles of pipeline, handling approximately one-third of the U.S. produced natural gas [20] Company Strategy and Development Direction - The company remains focused on natural gas infrastructure, which is seen as a critical component for supporting power grid reliability as more intermittent renewables are developed [22] - The company is modernizing facilities with high-efficiency compression and utilizing technology to enhance transparency in emissions profiles [27] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the financial strength of the business, driven by a large portfolio of fully contracted, high-return growth projects over the next five years [21] - The company is committed to operating sustainably and has been recognized for its efforts in corporate sustainability [29] Other Important Information - The company has been named to the Dow Jones Sustainability North American Index for five consecutive years and holds the top score in the 2024 Corporate Sustainability Assessment in the North American oil and gas storage and transportation industry [29] Q&A Session Summary - No questions were submitted by shareholders during the meeting [33]

OKLAHOMA CITY, April 29, 2025 (GLOBE NEWSWIRE) -- Expand Energy Corporation (NASDAQ: EXE) ("Expand Energy" or the "Company") today reported first quarter 2025 financial and operating results. (1) Definitions of non-GAAP financial measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure are included at the end of this news release. "Overcoming market volatility requires a resilient financial foundation, a deep market-connected portfolio, and low c ...

Natural gas produces lower emissions than crude oil and coal while generating an equivalent amount of energy. Hence, the rising demand for cleaner-burning fossil fuels is brightening the outlook for natural gas exploration and production companies. Given the backdrop, is this the ideal time to invest in upstream players like EQT Corporation (EQT) and Antero Resources (AR) ?Natural Gas Price to Remain SolidIn its latest short-term energy outlook, the U.S. Energy Information Administration (“EIA”) forecasted ...

CALGARY, Alberta, April 28, 2025 (GLOBE NEWSWIRE) -- Jura Energy Corporation (“Jura” or the “Company”) announced today that it has appointed Dr. Shakeel Ahmed to serve as its Interim Chief Executive Officer (“CEO”). Dr. Ahmed, who holds a PhD in Petroleum Engineering and brings over 30 years of experience in the petroleum and natural gas industry, has been with the Company since 2020, most recently serving as Head of Projects. This appointment follows the effective resignation of Mr. Nadeem Farooq as the Co ...

TORONTO, April 28, 2025 (GLOBE NEWSWIRE) -- CF Energy Corp. (TSX-V: CFY) (“CF Energy” or the “Company”, together with its subsidiaries, the “Group”), an energy provider in the People’s Republic of China (the ”PRC” or “China”), announces that the Company has filed its audited consolidated financial results for the year ended December 31, 2024 The audited consolidated financial statements and Management’s Discussion and Analysis (“MD&A”) can be downloaded from www.sedarplus.ca or from the Company's website a ...