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EQT Corporation Schedules Second Quarter 2025 Earnings Release and Conference Call
Prnewswire· 2025-07-02 20:15
PITTSBURGH, July 2, 2025 /PRNewswire/ -- EQT Corporation (NYSE: EQT) plans to issue its second quarter financial and operating results news release after market close on Tuesday, July 22, 2025, and will host a conference call to review the results and other relevant matters on Wednesday, July 23, 2025, beginning at 10:00 a.m. ET. A brief Q&A session for securities analysts will immediately follow the discussion.To access the live audio webcast of the conference call, visit EQT's investor relations website a ...
Energy Stock Could Rally Back Toward Record Highs
Forbes· 2025-07-02 19:54
Group 1 - EQT is currently trading at $55.87, showing a 0.3% increase, but is struggling to recover from a recent decline from its peak of $61.02 on June 23 [1] - The stock has a support level at $55, which was previously a resistance level, and is following a historically bullish trendline just below this point [1] - Year-to-date, EQT shares have increased by 22%, indicating potential for further upward movement [1] Group 2 - According to Rocky White, EQT is within one standard deviation of its 50-day moving average, having been above this trendline in 8 of the last 10 trading days and spending 80% of the last two months above it [2] - Historical data shows that similar conditions have led to a 67% chance of the stock being higher one month later, with an average increase of 5.5% [2] - A comparable increase could bring EQT's price close to $60, nearing its record high [2] Group 3 - The current Schaeffer's Volatility Index (SVI) for EQT is 34%, which ranks in the 12th percentile of its annual range, indicating that options traders are anticipating low volatility [3]
Ingersoll Rand Acquires TMIC/Adicomp, Strengthens Product Offerings
ZACKS· 2025-07-02 14:40
Core Insights - Ingersoll Rand Inc. has completed the acquisition of Termomeccanica Industrial Compressors S.p.A. and its subsidiary Adicomp for approximately €160 million, enhancing its air and gas compressor portfolio [1][9]. Group 1: Acquisition Details - TMIC specializes in designing and manufacturing air and gas compressors, while Adicomp provides engineered-to-order solutions in the renewable natural gas sector [2]. - The acquisition aligns with Ingersoll Rand's strategy to expand its market share and customer base, particularly in the packaging and renewable natural gas industries [3]. Group 2: Integration and Impact - TMIC/Adicomp will be integrated into Ingersoll Rand's Industrial Technologies and Services segment, which includes various products such as air compressors and power tools [4]. - The acquisition is part of a broader growth strategy that includes previous acquisitions, such as Lead Fluid, Air Power Systems, Blutek, and UT Pumps, which have collectively contributed to revenue growth [5][6][7]. Group 3: Financial Performance - Ingersoll Rand has a market capitalization of approximately $34.4 billion and is currently ranked 3 (Hold) by Zacks, with expectations of revenue growth driven by higher orders in industrial vacuums and blowers [8]. - The company's shares have increased by 16% over the past three months, outperforming the industry growth of 15.3% [10].
Ingersoll Rand Accelerates Value Creation Through Continued M&A, Announces New Acquisition
Globenewswire· 2025-07-01 20:51
Core Viewpoint - Ingersoll Rand Inc. has acquired Termomeccanica Industrial Compressors S.p.A. and its subsidiary Adicomp S.p.A. for approximately €160 million, enhancing its capabilities in the air and gas compressor market and renewable natural gas industry [1][2][3] Company Overview - Ingersoll Rand Inc. is a global provider of mission-critical flow creation and life science and industrial solutions, supported by over 80 respected brands [4] - The company aims to deliver exceptional performance and durability in complex conditions, focusing on customer commitment and efficiency [4] Acquisition Details - TMIC is a leader in air and gas compressor design and production, with over 100 years of experience, while Adicomp specializes in engineered-to-order solutions in the renewable natural gas sector [2] - The acquisition will enhance Ingersoll Rand's presence in North America and expand its reach into Brazil and India [2] - The businesses will be integrated into the Industrial Technologies and Services segment of Ingersoll Rand [2] Strategic Implications - The acquisition strengthens Ingersoll Rand's core capabilities and broadens its service offerings, aligning with its long-term growth strategy [3] - The purchase was made at an attractive low-double-digit multiple, with expected post-synergy multiples in the mid- to high single digits [7]
MDU Resources (MDU) - 2017 Q4 - Earnings Call Presentation
2025-07-01 11:15
Financial Performance - 2017 - Earnings from continuing operations increased from $232.4 million in 2016 to $284.2 million in 2017[10], which includes a $39.5 million benefit from tax reform[11] - Consolidated earnings increased from $63.7 million in 2016 to $280.4 million in 2017[13], including a $39.5 million benefit from tax reform[14] - Construction Services reported earnings of $53.3 million in 2017[22], including a $4.3 million income tax benefit[23], and record revenues of $1.37 billion[23] - Construction Materials reported earnings of $123.4 million in 2017[25], including a $41.9 million income tax benefit[26] Segment Performance - 2017 - Electric & Natural Gas Utility reported earnings of $81.6 million[17], including a $6.4 million charge from tax reform[17], with increased retail sales volumes for both electric (2%)[17] and natural gas (13%)[17] - Pipeline & Midstream reported earnings of $20.5 million[20], including a $200,000 charge from tax reform[20], reflecting the sale of Pronghorn assets in January 2017[20] Outlook and Guidance - 2018 EPS guidance is projected to be in the range of $1.25 to $1.45[43] - Construction Services anticipates 2018 revenues between $1.45 billion and $1.60 billion[39] - Construction Materials anticipates 2018 revenues between $1.8 billion and $1.9 billion[42] Capital Program and Dividends - The company's total capital forecast for 2018-2022 is $2.323 billion[46], allocated to Utility ($1.508 billion), Construction ($466 million), and Pipeline & Midstream ($349 million)[46] - The company has increased its dividend for 27 consecutive years[50] and has made dividend payments for 80 consecutive years[49, 50]
MDU Resources (MDU) - 2018 Q4 - Earnings Call Presentation
2025-07-01 11:15
Financial Performance - 2018 - Earnings from continuing operations reached $284.2 million, with EPS at $1.45, including a $39.5 million or $0.20 per share benefit from tax reform[16] - Consolidated operations earnings were $280.4 million, with EPS at $1.43, including a $39.5 million benefit from tax reform[19] - The Electric & Natural Gas Utility reported earnings of $84.7 million, which includes a $6.4 million decrease resulting from tax reform[22, 23] - Pipeline & Midstream reported earnings of $28.5 million, including a $4.2 million tax benefit[25, 26] - Construction Services reported record earnings of $64.3 million and record revenues of $1.37 billion[28, 29] - Construction Materials reported earnings of $92.6 million and record revenues of $1.93 billion[31, 33] Outlook and Guidance - 2019 - The company anticipates EPS in the range of $1.35 to $1.55 for the consolidated business[51] - Construction Services expects revenue between $1.35 billion and $1.50 billion in 2019[47] - Construction Materials projects revenue between $2.0 billion and $2.15 billion in 2019[50] Capital Program and Dividends - The company has a total capital forecast of $2.642 billion for 2019-2023[53] - The 2018 annualized dividend was $0.81 per share[57]
MDU Resources (MDU) - 2019 Q4 - Earnings Call Presentation
2025-07-01 11:14
2019 Earnings Overview - The company reported 2019 earnings of $272.3 million, compared to $335.5 million in 2018[17] - 2019 EPS was $1.39, compared to $1.69 in 2018[17] - The Electric & Natural Gas Utility reported record earnings of $94.3 million in 2019, a 11.3% increase from $84.7 million in 2018[20, 21] - The Construction Services group reported record earnings of $93.0 million in 2019, a 44.6% increase from $64.3 million in 2018, with record revenue of $1.85 billion compared to $1.37 billion in 2018[27, 28] - The Construction Materials group reported earnings of $120.4 million in 2019, a 29.9% increase from $92.6 million in 2018, with record revenue of $2.19 billion compared to $1.93 billion in 2018[30, 31] - The Pipeline & Midstream group reported earnings of $29.6 million in 2019, a 3.9% increase from $28.5 million in 2018[23, 25] 2020 Guidance and Outlook - The company initiated 2020 EPS guidance of $1.65 - $1.85[48] - The Construction Services group expects 2020 revenue in the range of $1.85 billion to $2.05 billion[44] - The Construction Materials group expects 2020 revenue in the range of $2.2 billion to $2.4 billion[47] - The Electric & Natural Gas Utility expects to grow rate base by 5% compounded annually over the next five years and customer base to continue growing by 1-2% annually[37]
X @Bloomberg
Bloomberg· 2025-07-01 01:46
Shell has started exports from Canada’s first liquefied natural gas project, helping to meet rising Asian demand and extending its position in the global LNG market https://t.co/msap5Uilpv ...
Why New Fortress Energy Stock Is Skyrocketing Today
The Motley Fool· 2025-06-30 17:21
Core Viewpoint - New Fortress Energy's stock is experiencing a significant rally due to reports of a potential 15-year contract to supply liquefied natural gas (LNG) to power plants in Puerto Rico, with shares up 24.4% at one point [1][4]. Group 1: Contract Details - New Fortress is reportedly set to secure a 15-year contract to provide LNG to five power plants in San Juan and Palo Seco [4]. - The contract includes provisions for New Fortress to supply energy resources for eight peaking-power units being installed by one of its subsidiaries [4]. - The deal may also allow for future extensions, potentially providing a substantial new revenue source for the company [4]. Group 2: Stock Performance - Despite the recent rally, New Fortress's stock is down approximately 78% year-to-date [2]. - The stock had previously surged as much as 40% earlier in the trading session before stabilizing at a 24.4% increase [1]. Group 3: Financial Outlook - Securing the new contract could provide a much-needed capital injection for New Fortress, which has been struggling with high debt and liquidity issues [6]. - While the new deal may improve the company's outlook, it is not guaranteed to resolve all existing challenges, and there are risks associated with potential restructuring or share offerings [6][5].
Westport (WPRT) Shows Fast-paced Momentum But Is Still a Bargain Stock
ZACKS· 2025-06-30 13:50
Group 1 - Momentum investing focuses on "buying high and selling higher" rather than traditional strategies of "buying low and selling high" [1] - Fast-moving trending stocks can be risky if their valuations exceed future growth potential, leading to potential losses for investors [2] - Investing in bargain stocks with recent price momentum can be a safer strategy, utilizing tools like the Zacks Momentum Style Score to identify opportunities [3] Group 2 - Westport Innovations (WPRT) has shown a price increase of 2.6% over the past four weeks, indicating growing investor interest [4] - WPRT has gained 1.5% over the past 12 weeks and has a beta of 2.92, suggesting it moves significantly more than the market [5] - WPRT has a Momentum Score of A, indicating a favorable time to invest based on its momentum characteristics [6] Group 3 - WPRT has received a Zacks Rank 2 (Buy) due to upward revisions in earnings estimates, which attract more investor interest [7] - The stock is trading at a Price-to-Sales ratio of 0.17, indicating it is undervalued at 17 cents for each dollar of sales [7] - WPRT is positioned for significant growth potential while maintaining a reasonable valuation [8] Group 4 - There are additional stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen, suggesting further investment opportunities [8] - Zacks offers over 45 Premium Screens tailored to different investing styles, aiding in stock selection [9]