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Is New Jersey Resources (NJR) a Solid Growth Stock? 3 Reasons to Think "Yes"
ZACKS· 2025-05-12 17:50
Core Viewpoint - Growth investors are increasingly focused on stocks with above-average financial growth, which can lead to solid returns, but identifying such stocks is challenging due to their inherent risks and volatility [1] Group 1: Company Overview - New Jersey Resources (NJR) is highlighted as a recommended growth stock, possessing a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 9.6%, with projected EPS growth of 9% this year, surpassing the industry average of 8.9% [5] - NJR's cash flow growth stands at 10.3% year-over-year, significantly higher than the industry average of 3.3% [6] Group 2: Financial Metrics - The annualized cash flow growth rate for NJR over the past 3-5 years is 12.3%, compared to the industry average of 7.2% [7] - The Zacks Consensus Estimate for NJR's current-year earnings has increased by 1.9% over the past month, indicating a positive trend in earnings estimate revisions [8] Group 3: Investment Potential - NJR has achieved a Growth Score of B and a Zacks Rank of 2 due to positive earnings estimate revisions, suggesting it is a potential outperformer and a solid choice for growth investors [10]
Nine Energy Service, Inc. (NINE) Q1 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-05-10 13:32
Core Viewpoint - Nine Energy Service, Inc. is conducting its Q1 2025 earnings conference call to discuss financial results and future outlook [1][3]. Group 1: Company Overview - The conference call is hosted by Heather Schmidt, VP of Strategic Development and Investor Relations, with participation from Ann Fox, President and CEO, and Guy Sirkes, SVP and CFO [2][3]. - The call includes forward-looking statements that reflect the company's views on future events, which are subject to risks and uncertainties [4]. Group 2: Financial Reporting - The company will discuss non-GAAP financial measures during the call, with additional details and reconciliations provided in the Q1 press release and on the Investor Relations section of the website [5].
Source Energy Services Reports 2025 AGM Results
Globenewswire· 2025-05-09 20:30
CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) -- – (TSX:SHLE) Source Energy Services Ltd. (“Source” or the “Company”) reports results from its annual meeting shareholder held May 9, 2025. 2025 AGM Voting Results Election of Directors All of the proposed nominees were elected to Source’s board of directors (the “Board”) by Shareholders present or represented by proxy at the Meeting. The voting results are as follows: Name of NomineeVotes for (percentage)Withheld (percentage)Scott Melbourn99.980.02Chris Joh ...
Source Energy Services Reports 2025 AGM Results
GlobeNewswire News Room· 2025-05-09 20:30
CALGARY, Alberta, May 09, 2025 (GLOBE NEWSWIRE) -- – (TSX:SHLE) Source Energy Services Ltd. (“Source” or the “Company”) reports results from its annual meeting shareholder held May 9, 2025. 2025 AGM Voting Results Election of Directors All of the proposed nominees were elected to Source’s board of directors (the “Board”) by Shareholders present or represented by proxy at the Meeting. The voting results are as follows: Name of NomineeVotes for (percentage)Withheld (percentage)Scott Melbourn99.980.02Chris Joh ...
Source Energy Services Reports Q1 2025 Results
Globenewswire· 2025-05-08 23:58
Core Insights - Source Energy Services Ltd. reported strong financial results for Q1 2025, achieving record sand sales volumes and revenue, driven by increased demand and operational efficiency [1][4][7]. Financial Performance - Sand volumes reached 1,041,223 metric tonnes (MT), up from 874,849 MT in Q1 2024, representing a 19% increase [3][4]. - Sand revenue was $162.9 million, a 22% increase from $132.9 million in Q1 2024 [3][4]. - Total revenue for the quarter was $208.6 million, an increase of $39.0 million or 23% compared to the previous year [4][7]. - Net income surged to $23.6 million, up from $1.9 million in Q1 2024, reflecting improved business performance and a legal settlement [4][7]. - Adjusted EBITDA increased by 5% to $33.8 million, compared to $32.0 million in Q1 2024 [11][28]. Cost and Margin Analysis - Gross margin was $36.8 million, a slight increase from $35.6 million in Q1 2024 [4][9]. - Adjusted Gross Margin was $46.2 million, up 7% from $43.2 million in the same quarter last year [4][31]. - Cost of sales increased due to higher sand sales volumes and transportation costs, with a notable impact from the weakening Canadian dollar [8][9]. Operational Highlights - The company achieved 88% utilization across its eleven-unit Sahara fleet, indicating strong operational efficiency [4]. - The initial phase of the Peace River facility expansion was completed, with a new rotary dryer fully operational [4][17]. - The first phase of operations at the Taylor transload facility commenced, enhancing logistics capabilities [4][17]. Business Outlook - Source anticipates continued strong customer activity levels in the Montney basin through Q2 2025, supported by recent expansions and operational improvements [17][20]. - The company is focused on increasing its logistics services in response to customer demand, aiming to enhance its service offerings [21][20].
Total Energy Services Inc. Announces Q1 2025 Results
Globenewswire· 2025-05-08 21:00
CALGARY, Alberta, May 08, 2025 (GLOBE NEWSWIRE) -- Total Energy Services Inc. (“Total Energy” or the “Company”) (TSX:TOT) announces its consolidated financial results for the three months ended March 31, 2025. Financial Highlights ($000’s except per share data, unaudited) Three months endedMarch 31 20252024ChangeRevenue$251,909 $204,686 23%Operating income 26,063 <td style="text-align: right ; vertical-align: middle; vertical-align: bottom ; ...
RCM Technologies(RCMT) - 2025 Q1 - Earnings Call Transcript
2025-05-08 15:30
Financial Data and Key Metrics Changes - Consolidated gross profit for Q1 2025 was $22 million, a 7.9% increase over Q1 2024, marking the highest gross profit in the past twelve quarters [21] - Adjusted EBITDA for Q1 2025 was $7.8 million, compared to $6.2 million for Q1 2024, reflecting a growth of 14.4% [21] - Adjusted EPS for Q1 2025 was $0.63, up from $0.53 in Q1 2024, indicating an 18.9% increase [21] Business Line Data and Key Metrics Changes - In the healthcare segment, gross profit for Q1 2025 was $12.2 million, compared to $11.1 million in Q1 2024, a growth of 10.2% [21] - Engineering gross profit for Q1 2025 was $6.2 million, up from $5.5 million in Q1 2024, representing a 12.4% increase, marking the best engineering gross profit quarter in history [21][22] - In IT, life sciences, and data solutions, gross profit for Q1 2025 was $3.6 million, down from $3.8 million in Q1 2024, a decline of 5.3% [24] Market Data and Key Metrics Changes - School revenue for Q1 2025 was $37.3 million, compared to $31.9 million in Q1 2024, reflecting a growth of 16.7% [22] - Non-school revenue for Q1 2025 was $6 million, slightly down from $6.3 million in Q1 2024, but would have been $5.5 million versus $5.1 million if excluding a large long-term care group [22] Company Strategy and Development Direction - The company is focused on cultivating the next generation of leadership and enhancing operational efficiency through strategic investments [4][12] - There is a strong emphasis on expanding the sales team to capitalize on growth opportunities in various sectors, particularly in healthcare and life sciences [5][7] - The company aims to maintain a clean balance sheet while continuing to repurchase shares, enhancing shareholder value [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating macroeconomic uncertainties, focusing on secular themes that can drive growth [30][31] - The outlook for the healthcare segment remains positive, with expectations for continued growth in the upcoming school year [5][6] - The aerospace and defense sectors are anticipated to see significant growth due to new contracts and increased demand for engineering services [16][19] Other Important Information - The company has reduced net debt by $12 million to $18.2 million in Q1 2025, compared to $30.2 million in Q4 2024 [26] - The company has maintained a 90% plus renewal rate while preserving margins and bottom line strength [9] Q&A Session Summary Question: Is political policy uncertainty affecting the business? - Management indicated that they have not encountered significant issues related to the macroeconomic environment and are focused on leveraging secular themes for growth [30][31] Question: Regarding healthcare gross margins, is the lower margin due to legacy business? - Management clarified that the lower gross margin is more of a quarterly fluctuation rather than a trend, with expectations for improvement in Q2 [32][33]
Star Equity Holdings to Release First Quarter 2025 Financial Results on May 14th
Globenewswire· 2025-05-07 20:10
Core Viewpoint - Star Equity Holdings, Inc. will release its financial results for Q1 2025 on May 14, 2025, before market opens, followed by a conference call to discuss results and management's outlook [1]. Company Overview - Star Equity Holdings, Inc. is a diversified holding company with three business divisions: Building Solutions, Energy Services, and Investments [3]. Building Solutions Division - The Building Solutions division includes three businesses: modular building manufacturing, structural wall panel and wood foundation manufacturing (including building supply distribution), and glue-laminated timber (glulam) column, beam, and truss manufacturing [4]. Energy Services Division - The Energy Services division focuses on the rental, sale, and repair of downhole tools utilized in the oil and gas, geothermal, mining, and water-well industries [5]. Investments Division - The Investments division manages and finances the company's real estate assets and investment positions in both private and public companies [6].
Mammoth Energy Services(TUSK) - 2025 Q1 - Earnings Call Transcript
2025-05-07 16:00
Financial Data and Key Metrics Changes - Total revenue for Q1 2025 was $62,500,000, representing a 17% sequential increase from Q4 2024 [12] - Adjusted EBITDA was positive at $2,700,000 in Q1 2025, compared to a negative $4,800,000 in Q4 2024 [19] - Net loss for Q1 2025 was $500,000, or a loss of $0.01 per diluted share, compared to a net loss of $15,500,000, or a loss of $0.32 per diluted share in Q4 2024 [19] - Selling, general and administrative expenses decreased by approximately 34% sequentially to $6,500,000 in Q1 2025 [19] Business Line Data and Key Metrics Changes - Well Completions Services segment generated revenue of $20,900,000 with an average of 1.3 active pressure pumping fleets, up from $15,800,000 with 1.1 active fleets in Q4 2024 [14] - The Sands segment sold approximately 189,000 tons of sand at an average sales price of $21.49 per ton in Q1 2025, compared to 129,000 tons at $22.54 per ton in Q4 2024 [15] - Infrastructure Services segment revenue was $30,700,000 for Q1 2025, a 10% sequential increase compared to Q4 2024 [17] Market Data and Key Metrics Changes - The company anticipates increased competition in gas basins due to strong fundamental support for natural gas later in 2025 and into 2026 [11] - Macroeconomic uncertainty, tariff implications, and OPEC plus production increases have placed significant pressure on the energy market and commodity prices [15] Company Strategy and Development Direction - The company plans to evaluate strategic opportunities to add accretive assets while maintaining a strong balance sheet [5] - Following the sale of three subsidiaries, the company will focus on engineering and fiber within the Infrastructure Services segment [17] - The company aims to strategically deploy capital to grow existing businesses generating the greatest returns [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of the first quarter results and noted incremental growth in key financial metrics [10] - There is recognition of uncertainty in the market stemming from tariffs, economic conditions, and geopolitical events [10] - The company expects to manage costs effectively in response to potential weakness in utilization [27] Other Important Information - As of March 31, 2025, the company had unrestricted cash on hand of approximately $56,700,000, with total liquidity of approximately $79,400,000 [21] - After completing the sale of three subsidiaries and purchasing eight aircraft, unrestricted cash on hand increased to $135,400,000 as of May 2, 2025 [21] Q&A Session Summary Question: Can you talk about the uplift in volumes in the sand business and your outlook for the rest of the year? - Management noted strong demand in Western Canada for sand pricing and expects a stable environment to persist through 2025 [25] Question: What cost actions could be taken in the event of potential weakness in the back half of the year? - Management indicated that the biggest lever for the pressure pumping business is on staffing and repairs and maintenance, and they have historically managed costs effectively [26][27]
Mammoth Energy Services(TUSK) - 2025 Q1 - Earnings Call Presentation
2025-05-07 12:11
MAMMOTH ENERGY SERVICES INVESTOR PRESENTATION SUMMER 2025 (NASDAQ: TUSK) December 2018 Forward-Looking and Cautionary Statements The information in this investor presentation of Mammoth Energy Services, Inc. ("Mammoth" or "Mammoth Energy") includes "forward-looking statements." All statements, other than statements of historical facts that address activities, events or developments that Mammoth expects, believes or anticipates will or may occur in the future are forward-looking statements. The words "antici ...