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Enerflex Ltd. Announces Second Quarter 2025 Financial and Operational Results
Globenewswire· 2025-08-07 10:00
ENGINEERED SYSTEMS BACKLOG STEADY AT $1.2 BILLION; ENERGY INFRASTRUCTURE CONTRACT BACKLOG REMAINS STRONG AT $1.5 BILLION RECORD ADJUSTED EBITDA OF $130 MILLION Q2/25 FINANCIAL AND OPERATIONAL OVERVIEW Generated revenue of $615 million compared to $614 million in Q2/24 and $552 million in Q1/25. Recorded gross margin before depreciation and amortization of $175 million, or 29% of revenue, compared to $173 million, or 28% of revenue in Q2/24 and $161 million, or 29% of revenue during Q1/25. EI and After-Marke ...
This Nearly 6%-Yielding Dividend Stock's Visible Growth Makes It a Top-Tier Investment Opportunity
The Motley Fool· 2025-08-06 07:05
Enbridge could generate high-powered total returns in the coming years. A high dividend yield can sometimes indicate that a company's growth days are in the rearview mirror. These companies often lack attractive opportunities to reinvest their cash flow. As a result, they pay out the bulk of it in dividends. However, that's not the case with Enbridge (ENB 0.27%). While the Canadian pipeline and utility giant currently has a dividend yield approaching 6%, it also has an abundance of growth opportunities. Thi ...
ONEOK(OKE) - 2025 Q2 - Earnings Call Presentation
2025-08-05 15:00
Financial Performance - Second Quarter 2025 adjusted EBITDA reached approximately $2 billion[13], reflecting a 12% increase compared to the previous quarter[14] - Net income for 2Q 2025 increased by 23% to $853 million[14] - The company repaid nearly $600 million of senior notes[14] - 2025 adjusted EBITDA guidance is in the range of $8 billion to $845 billion[19] Operational Highlights - NGL volumes increased by 18% in 2Q 2025[14] - Refined products volumes increased by 7% in 2Q 2025[14] - Natural gas processed volumes increased by 6% in 2Q 2025[14] - NGL raw feed throughput volumes increased across all regions, with Gulf Coast/Permian and Mid-Continent regions each experiencing a 20% increase, and the Rocky Mountain region a 13% increase[32] Growth and Strategy - The company anticipates additional synergies beyond 2025, building on the $250 million included in the 2025 guidance[16] - Refined products pipeline expansion to the Denver area is expected to increase system capacity by 35000 bpd with completion expected in mid-2026[37] - The company is strategically positioned to capitalize on industrial demand growth, particularly from data centers, LNG, and ammonia facilities[47, 50]
September 8, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against XIFR
Prnewswire· 2025-08-05 12:45
WHAT'S NEXT? If you suffered a loss in XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP during the relevant time frame, you have until September 8, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff. NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate. NEW YORK, Aug. 5, 2025 /P ...
XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – XIFR
GlobeNewswire News Room· 2025-08-04 20:34
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of XPLR Infrastructure, LP (formerly Nextera Energy Partners, LP), encouraging them to contact the firm regarding potential lead plaintiff appointments in a class action lawsuit due to alleged misleading statements and operational struggles during a specified class period [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from September 27, 2023, to January 27, 2025 [3]. - Allegations include that XPLR was struggling to maintain operations as a yieldco, and that the defendants issued materially false and misleading statements while downplaying risks associated with financing arrangements [3]. - It is claimed that XPLR could not resolve financing issues before maturity without risking significant unitholder dilution, leading to a planned halt in cash distributions to investors [3]. - The sustainability of XPLR's yieldco business model and distribution growth rate is questioned, with assertions that public statements made by the defendants were materially false and misleading [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by September 8, 2025, to participate in the case without any cost or obligation [4]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [4]. About the Gross Law Firm - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors who have suffered losses due to deceit and illegal business practices [5]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that artificially inflated stock prices [5].
XIFR LAWSUIT ALERT: The Gross Law Firm Notifies XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP Investors of a Class Action Lawsuit and Upcoming Deadline
Prnewswire· 2025-08-04 12:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of XPLR Infrastructure, LP (formerly Nextera Energy Partners, LP), indicating potential legal action due to allegations of misleading statements and operational struggles during a specified class period [1]. Group 1: Allegations and Issues - The complaint alleges that during the class period from September 27, 2023, to January 27, 2025, XPLR was struggling to maintain its operations as a yieldco [1]. - Defendants reportedly entered into financing arrangements to temporarily alleviate operational issues while downplaying associated risks [1]. - It is claimed that XPLR could not resolve these financings before their maturity without risking significant unitholder dilution [1]. - As a result of these issues, defendants planned to halt cash distributions to investors and redirect those funds to resolve financing concerns [1]. - The allegations suggest that XPLR's yieldco business model and distribution growth rate were unsustainable, leading to materially false and misleading public statements by the defendants [1]. Group 2: Next Steps for Shareholders - Shareholders who purchased shares of XIFR during the specified timeframe are encouraged to register for the class action by September 8, 2025 [2]. - Upon registration, shareholders will be enrolled in a portfolio monitoring software to receive status updates throughout the case lifecycle [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting the rights of investors affected by deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].
Enbridge (ENB) Q2 EPS Jumps 55%
The Motley Fool· 2025-08-02 05:54
Core Insights - Enbridge reported strong second quarter 2025 results, with non-GAAP EPS of $0.65, significantly exceeding analyst expectations of $0.42, while adjusted earnings revenue fell short of expectations [1][5][10] Financial Performance - Non-GAAP EPS for Q2 2025 was $0.65, a 12.1% increase from $0.58 in Q2 2024 [2] - Adjusted EBITDA reached a record $4.64 billion, up 6.9% from $4.34 billion in the prior year [2][5] - Distributable Cash Flow was $2.90 billion, a 1.4% increase from $2.86 billion year-over-year [2] - Cash provided by operating activities was $3.24 billion, reflecting a 15.3% increase from $2.81 billion in Q2 2024 [2] Business Overview - Enbridge operates a vast energy infrastructure network, including liquids pipelines, gas transmission, gas distribution, and renewable power generation [3] - The company is focusing on expanding its gas utility footprint and diversifying into renewable energy sources like solar and wind [4] Segment Performance - Liquids Pipelines segment reported adjusted EBITDA of $2.34 billion, down $120 million due to lower volumes on certain pipelines [6] - Gas Transmission adjusted EBITDA increased to $1.38 billion, up $302 million year-over-year, aided by favorable rate settlements and acquisitions [7] - Gas Distribution and Storage adjusted EBITDA rose to $5.8 billion from $5.0 billion, benefiting from U.S. utility acquisitions and colder weather [8] - Renewable power generation adjusted EBITDA declined by $27 million, primarily due to lower contributions from European offshore wind facilities [9] Future Outlook - The company reaffirmed its full-year 2025 financial guidance, expecting adjusted EBITDA between $19.4 billion and $20.0 billion [10] - Enbridge has a secured project backlog of approximately $32 billion, providing visibility into future earnings [11] - Management anticipates continued annual adjusted EBITDA growth of 7-9% from 2023 to 2026, with adjusted EPS growth of 4-6% annually [10]
EPSO-G will refinance Amber Grid's short-term loan
Globenewswire· 2025-08-01 13:05
New energy group EPSO-G (hereinafter referred to as the Group) (company code 302826889, registered office at Laisvės pr. 10, Vilnius, Lithuania) EPSO-G and Amber Grid, a company belonging to the Group, have signed an agreement under which the previously granted 12-month short-term loan of EUR 50 million will be replaced by a long-term loan with a maturity of 5 years. The entire long-term loan will be repaid at the end of the term. The borrowing requirement was driven by investments in long-term assets and a ...
Levi & Korsinsky Reminds Shareholders of a Lead Plaintiff Deadline of September 8, 2025 in XPLR Infrastructure, LP f/k/a Nextera Energy Partners, LP Lawsuit - XIFR
Prnewswire· 2025-08-01 13:00
Core Viewpoint - A class action securities lawsuit has been filed against XPLR Infrastructure, LP, formerly known as Nextera Energy Partners, LP, alleging securities fraud that affected investors between September 27, 2023, and January 27, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were adversely affected by alleged securities fraud during the specified period [2]. - The complaint claims that the defendants made false statements and concealed critical operational struggles of XPLR as a yieldco, including the inability to maintain operations and the risks associated with financing arrangements [3]. - It is alleged that the defendants planned to halt cash distributions to investors to address financing issues, indicating that the yieldco business model and distribution growth rate were unsustainable [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the relevant timeframe have until September 8, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, with no obligation to participate [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years and consistently ranking among the top securities litigation firms in the United States [5].
Kayne Anderson Energy Infrastructure Fund Announces Distribution of $0.08 per Share for August 2025
GlobeNewswire News Room· 2025-08-01 11:50
Distribution Announcement - The Company announced a monthly distribution of $0.08 per share for August 2025, payable to common stockholders on August 29, 2025 [1][3] - The next distribution is expected to be declared in early September, subject to Board approval and compliance with debt covenants and preferred stock terms [2] Company Overview - Kayne Anderson Energy Infrastructure Fund, Inc. is a non-diversified, closed-end management investment company registered under the Investment Company Act of 1940, with its common stock traded on the NYSE [4] - The investment objective is to provide a high after-tax total return with a focus on cash distributions to stockholders, investing at least 80% of total assets in securities of Energy Infrastructure Companies [4] Distribution Characteristics - Cash distributions to common stockholders may be adjusted and are not guaranteed, varying based on portfolio holdings and market conditions [5] - The estimated return of capital for the August distribution is 30%, based on anticipated earnings and profits, with final tax character determination pending until after fiscal 2025 [3]