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KDC and NESR Secure Award for Integrated Well Delivery Campaign in Jordan
Accessnewswire· 2025-10-08 13:20
HOUSTON, TX / ACCESS Newswire / October 8, 2025 / National Energy Services Reunited Corp. ("NESR" or the "Company") (Nasdaq:NESR) an international, industry-leading provider of integrated energy services in the Middle East and North Africa ("MENA") region, today announced that, in close collaboration with NESR, Kuwait Drilling Company ("KDC") has secured a campaign award for integrated drilling services and well delivery in Jordan, with estimated $200 million in value over four years. The eighty (80) well c ...
RPC, Inc. Announces Date for Third Quarter 2025 Financial Results and Conference Call
Prnewswire· 2025-10-07 21:09
Core Viewpoint - RPC, Inc. is set to release its financial results for the third quarter of 2025 on October 30, 2025, before market opening, followed by a conference call to discuss the results [1]. Group 1: Financial Results Announcement - RPC, Inc. will announce its third-quarter financial results for the period ending September 30, 2025, on October 30, 2025 [1]. - A conference call will be held on the same day at 9:00 a.m. Eastern Time to review the financial and operating results [1]. Group 2: Conference Call Participation - Individuals can participate in the conference call by dialing toll-free (888) 440-5966 or +1 (646) 960-0125 for international callers, using conference ID number 9842359 [2]. - The call will also be broadcast and archived for 90 days on the company's investor website for those unable to join by telephone [2]. Group 3: Company Overview - RPC provides a wide range of specialized oilfield services and equipment primarily to independent and major oilfield companies involved in oil and gas exploration, production, and development across the United States and selected international markets [3].
Chart Industries' Shareholders Approve Acquisition by Baker Hughes
Globenewswire· 2025-10-06 12:30
ATLANTA, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Chart Industries, Inc. (NYSE: GTLS) (“Chart” or the “Company”) today announced that its shareholders voted to approve the Company’s acquisition by Baker Hughes (NASDAQ: BKR). At the special meeting of Chart shareholders held today, a majority of the outstanding shares of Chart common stock were voted in favor of the adoption of the definitive merger agreement. Under the terms of the merger agreement, Chart shareholders will be entitled to receive $210.00 per share ...
Williams to Invest $3.1B in Power Projects for Data Centers
ZACKS· 2025-10-03 15:15
Group 1: Investment Plans and Strategy - The Williams Companies, Inc. (WMB) plans to invest approximately $3.1 billion in two power projects aimed at supporting the increasing energy demands of U.S. data centers, bringing the total capital for "power innovation" initiatives to $5 billion [1][10] - WMB is diversifying into "power innovation projects," including the Socrates project, targeting data centers and AI-driven demand, which positions the company at the intersection of energy and technology [2][5] - To fund these projects, WMB has increased its 2025 capital spending plan by $875 million, setting a range between $3.45 billion and $3.75 billion [7][10] Group 2: Market Demand and Industry Context - The rise of artificial intelligence (AI) is significantly increasing the demand for data centers, which require more electricity to support their operations [4][5] - The U.S. Energy Information Administration projects that power consumption in the United States will reach record highs in 2025 and 2026, driven by the rapid expansion of data centers [5] - Midstream companies like WMB are well-positioned to benefit from the growing clean energy demand from data centers by utilizing their pipeline networks to transport natural gas to power plants [5][6] Group 3: Business Model and Financial Stability - WMB's business model is primarily fee-based, with about 90% of its EBITDA derived from fixed contracts, providing insulation from commodity price fluctuations [3] - The fixed-price projects are agreed upon for a period of 10 years, with an option for customers to extend them, ensuring stable revenue streams for WMB [3]
CGMM: Novel SMID ETF With A Racy Start Has Vulnerabilities
Seeking Alpha· 2025-10-03 01:05
Group 1 - The article initiates coverage of the Capital Group U.S. Small and Mid Cap ETF (CGMM) with a Hold rating, indicating a cautious approach to investment in this ETF [1] - The author emphasizes the importance of analyzing Free Cash Flow and Return on Capital in addition to profit and sales to gain deeper insights into investment opportunities [1] - The focus is on identifying underappreciated equities with strong upside potential, while also recognizing that some growth stocks may justifiably have premium valuations [1] Group 2 - The author has a background in various sectors, particularly the energy sector, including oil & gas supermajors and mid-cap exploration companies, indicating a broad industry expertise [1] - The article reflects a belief that meticulous analysis is essential for investors to avoid simplistic conclusions about market valuations [1]
Josh Brown Says Baker Hughes (BKR) Is Among the Best Energy Stocks – ‘Stock is Breaking Out’
Yahoo Finance· 2025-10-01 20:37
We recently published 10 Stocks to Watch as Investors Scramble to Pour Money into AI Trade. Baker Hughes Company (NASDAQ:BKR) is one of the stocks that caught analysts' attention. Josh Brown, CEO of Ritholtz Wealth Management, recently shared his best energy stocks list. The analyst said even though he does not “like” the overall sector, there are still some names he’d like to buy. Baker Hughes Co (NASDAQ:BKR) is one of the stocks in Brown’s list. “I have Baker Hughes Co (NASDAQ:BKR) as a B+ (BKR). We’ve ...
Stock market climbs as shutdown fears loom
Fastcompany· 2025-10-01 12:11
Most Innovative Companies Final Deadline: October 3 LOGIN SUBSCRIBE | FastCo Works advertisement BY Associated Press Listen to this ArticleMore info 0:00 / 0:00 U.S. stocks are coasting toward the finish of Wall Street's latest winning month on Tuesday. The S&P 500 fell 0.2% in afternoon trading but remains on track for a fifth straight winning month after setting a record last week. The Dow Jones Industrial Average was down 145 points, or 0.3%, as of 1:43 p.m. ET, and the Nasdaq composite was 0.3% lower. ...
SLB Secures Major Oilfield Services Contract in the Santos Basin
ZACKS· 2025-09-30 15:11
Core Insights - SLB has secured a contract from Petrobras for oilfield services and technology for up to 35 wells in the Santos Basin, following a competitive bidding process [1][8] - The Santos Basin is a key oil and gas producing region in Latin America, with the wells targeting significant reserves in the Atapu and Sépia oil fields [2] Project Scope - The project will utilize SLB's advanced electric completions technologies and digital solutions to provide real-time production insights and enhance reservoir management [3] - Well completion work is scheduled to begin in mid-2026, supported by SLB's advanced interval control valves designed for high-flow-rate production [4] Field Details & Stakeholders - Petrobras holds a 65.7% interest in the Atapu field, with partners including TotalEnergies (15%), Shell (16.7%), and others [5] - In the Sépia field, Petrobras has a 55.3% stake, with TotalEnergies, Petronas, QatarEnergy, and Petrogal as partners [5] Production Efficiency - SLB's technology and services are expected to enhance Petrobras' production reliability and efficiency, contributing to Brazil's energy security [6]
10 Stocks to Watch as Investors Scramble to Pour Money into AI Trade
Insider Monkey· 2025-09-30 07:19
In this article, we will take a detailed look at the 10 Stocks to Watch as Investors Scramble to Pour Money into AI Trade.AI stocks continue to dominate market headlines as companies and investors pour money into major companies working on technologies that are impacting millions of lives worldwide. Steve Sosnick, Interactive Brokers’ chief strategist, said in a recent interview with CNBC that AI stocks are still capturing investors’ “imagination” amid strong growth. “I think there is a little bit of what I ...
Core Laboratories Stock Rebounds in a Month: Is it Time to Buy?
ZACKS· 2025-09-29 13:40
Key Takeaways CLB stock jumped 13% in a month, outperforming its peers and the energy sector.Revenues rose 5% sequentially, with gains in Reservoir Description and Product Enhancement.CLB boosted cash flow, cut debt, repurchased shares and maintained dividends.Shares of Core Laboratories Inc. (CLB) gained momentum over the last month, following a staggering rise of 13% in just one month. During the same time period, the company’s shares outperformed the sub-industry and the broader oil and energy sector’s r ...