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Targa Resources (TRGP) Earnings Call Presentation
2025-07-08 11:40
Targa's Value Proposition and Growth - Targa is the largest gatherer and processor in the Permian Basin, driving integrated returns through NGL pipeline transportation, fractionation, and LPG exports[9] - The company has experienced significant volume growth, with a +24% CAGR in fractionation volumes and +12% CAGR in LPG export volumes from FY 2019 to YTD 3Q24[12] - Permian natural gas inlet volumes have grown at a +25% CAGR from Q4 2019 to YTD 3Q24[16] - Targa's adjusted EBITDA has grown by +182% since 2019, driven by its integrated NGL business and strong business fundamentals[19] Financial Performance and Shareholder Returns - Management expects to recommend to Targa's Board of Directors an increase to the 2025 quarterly cash common dividend to $4.00 per share annualized for the first quarter of 2025, representing a +33% YoY increase[9, 10] - Targa has repurchased over 202 million shares since October 2020 at a weighted average price of ~$7069[19] - The company's 2024E fee-based volumes in G&P are approximately ~90%[9, 66] - Targa expects to return 40-50% of adjusted cash flow from operations across a multi-year horizon[75] Permian Basin and Infrastructure - Targa has a premier Permian asset footprint with ~88 Bcf/d gross processing capacity across 43 plants[26, 27, 80] - The company is expanding its Permian G&P footprint, with several new plants scheduled to come online between 1Q25 and 3Q26[32, 94] - Targa's Daytona NGL Pipeline has a capacity of 400 MBbl/d and was expected to be in service in 3Q24[95]
棒杰股份: 关于重大诉讼案件暨进展情况的公告
Zheng Quan Zhi Xing· 2025-07-08 11:15
证券代码:002634 证券简称:棒杰股份 公告编号:2025-058 浙江棒杰控股集团股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚假 记载、误导性陈述或者重大遗漏。 重要内容提示: 司本期利润或期后利润的影响存在不确定性,公司将根据案件进展情况及时履行 信息披露义务。 浙江棒杰控股集团股份有限公司(以下简称"公司")控股子公司扬州棒杰 新能源科技有限公司(以下简称"扬州棒杰")于近日收到江苏省苏州市中级人 民法院送达的《传票》、《应诉通知书》等相关起诉材料,因金融借款合同纠纷, 兴业银行股份有限公司苏州分行(以下简称"兴业银行"或"原告")向江苏省 苏州市中级人民法院提起诉讼。截至本公告披露日,本案件尚未开庭审理。现将 有关诉讼事项公告如下: 一、重大诉讼的基本情况 (一)案由:金融借款合同纠纷 (二)受理机构:江苏省苏州市中级人民法院 (三)案件当事人 原告:兴业银行股份有限公司苏州分行 被告一:扬州棒杰新能源科技有限公司 被告二:浙江棒杰控股集团股份有限公司 (四)案件的诉讼请求 方式计算罚息、复利至实际清偿日止); 【动产登记证明编号:2801874300358557 ...
Westbridge Renewable Energy Announces Launch of First Data Centre Project: Fontus, a 380+ MW Strategic Hub in Colorado
Prnewswire· 2025-07-08 11:13
Core Insights - Westbridge Renewable Energy Corp. has launched its first data centre project, Fontus, in Colorado, marking its strategic entry into the digital infrastructure market [1][2][3] Company Overview - Westbridge is a leading developer of utility-scale renewable energy and energy infrastructure, focusing on solar PV projects and battery energy storage [6] - The company operates in four key jurisdictions: Canada, the U.S., the U.K., and Italy, aiming to deliver clean, sustainable electricity and energy storage solutions [6] Project Details - The Fontus data centre campus has a capacity of 380 megawatts and is strategically located near major urban centres with access to a key carrier-neutral fibre network hub [2][9] - The project is progressing through grid and gas interconnection approvals, with land acquisition and critical milestone assessments already completed [4][9] - Fontus is designed to integrate clean energy and potentially co-locate with Westbridge's renewable power assets, enhancing its sustainability [4][10] Market Context - Data centres are increasingly recognized as critical infrastructure supporting the digital ecosystem, with Fontus combining power, proximity, and scale essential for cloud and AI-driven applications [5][9] - The project is positioned to meet the growing demand for digital infrastructure in the U.S. market [3][5]
JinkoSolar Powers Clean Energy Future with 21.6 MWh Energy Storage Systems for Distributed Energy Infrastructure
Prnewswire· 2025-07-08 11:00
CAMPBELL, Calif., July 8, 2025 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. (the "Company," or "JinkoSolar") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced the successful commissioning of 21.6 MWh of Energy Storage Systems supplied to Distributed Energy Infrastructure (DEI). This milestone marks a significant step in advancing clean, reliable, and dispatchable energy in Massachusetts through the state's Solar Massachusetts Renewable Target (SMART ...
Where Will Energy Transfer Stock Be In 5 Years?
The Motley Fool· 2025-07-08 08:30
This growing midstream company still has a bright future.Energy Transfer (ET -1.22%) is considered by many to be a reliable income investment. It's a midstream company that operates over 135,000 miles of pipeline across 44 states, and it charges upstream and downstream companies to use its infrastructure with its "toll road" business model.The business operations are well-insulated from volatile commodity prices. As long as its customers keep their crude oil, natural gas, liquefied natural gas (LNG), and ot ...
Prediction: This Is What Comes Next for Nuclear Energy Stocks Like NuScale Power Corporation
The Motley Fool· 2025-07-08 07:15
It is not all sunshine and rainbows for these high-flying stocks.Investors can't seem to get enough of nuclear energy stocks. NuScale Power Corporation (SMR 2.65%) is up 162% in the last year, driven by a growing political and economic narrative about increasing nuclear power generation in the United States, as well as in other countries. Its small modular reactor design has not been implemented fully yet, but the company still has a market cap of over $10 billion.Here's my prediction for what comes next fo ...
Got $1,000 to Invest? These 3 High-Quality, High-Yield Dividend Stocks Could Turn Idle Cash Into More Than $50 of Annual Passive Income.
The Motley Fool· 2025-07-08 07:12
Investing in the stock market is a great way to turn idle cash into passive income. Using that money to buy dividend stocks enables you to collect recurring dividend income. You can use that money to help cover your bills or reinvest it into generating more income.For example, investing $1,000 across three high-quality dividend stocks with higher dividend yields could turn it into more than $50 of passive income each year: Dividend StockInvestmentCurrent YieldAnnual Dividend IncomeOneok (OKE -2.36%)$333.335 ...
X @Bloomberg
Bloomberg· 2025-07-08 06:54
Hungary’s inflation accelerated in June, with a jump in the cost of food, household energy and services despite the government’s regulatory curbs https://t.co/rlZdTyUcyP ...
TGS Q2 2025 Operational and Financial Update
Globenewswire· 2025-07-08 05:00
OSLO, Norway (8 July 2025) – TGS ASA (“TGS”), a leading global provider of energy data and intelligence, routinely publishes a quarterly operational update six working days after quarter-end. For Q2 2025, it also includes a financial update. The table below shows TGS’ normalized Ocean Bottom Node (OBN) crew count¹: Q2 2025Q2 2024Normalized crew count Contract1 1.72.7Normalized crew count Multi-client11.10.0 1) The table shows the average number of crews in operation when assuming a normalized crew size. ...
Constellation Energy: Green Nuclear Energy That Will Fuel AI And Make Stock Soar
Seeking Alpha· 2025-07-08 04:42
Group 1 - Constellation Energy (NASDAQ: CEG) is well-positioned to benefit from the new wave of investment in AI-related data centers in the US [1] - The company is identified as a key beneficiary of the growing demand for AI technologies and infrastructure [1] Group 2 - The article emphasizes the importance of macroeconomic analysis and systemic risk assessment in investment strategies [1] - It highlights the use of advanced tools like Bloomberg and Excel modeling for sector analysis and risk monitoring [1]