Core Points - ProFrac Holding Corp. will report its third quarter 2025 financial results on November 10, 2025, at 11:00 a.m. Eastern Time [1] - The company is a technology-focused, vertically integrated energy services holding company providing hydraulic fracturing and related services to upstream oil and natural gas companies [3] Financial Offering - ProFrac announced the pricing of a public offering of 18,750,000 shares of Class A common stock at $4.00 per share, aiming for gross proceeds of approximately $75 million [6] - The company has granted underwriters a 30-day option to purchase additional shares [6] Business Segments - ProFrac operates through three business segments: Stimulation Services, Proppant Production and Manufacturing, and Other Business Activities [3]

Core Points - SandRidge Mississippian Trust I has resolved its litigation against the Trust, concluding the Securities Litigation without any appeals filed by the deadline of October 14, 2025 [1][11] - The Trust announced a final distribution of $5,735,127, equating to $0.2048 per unit, which will be distributed to unitholders on or before November 14, 2025 [2][7] - Following the final distribution, the Trust units will be removed from trading and cancelled, with the Trust remaining in existence until the filing of a certificate of cancellation in Delaware [4] Financial Summary - The distributable income was calculated as follows: - Cash and cash equivalents at June 30, 2021: $7,899,785 - Trust administrative expenses (July 1, 2021 – September 30, 2025): $(2,550,141) - Interest earned (July 1, 2021 – September 30, 2025): $935,484 - Provision for remaining winding-up expenses of the Trust: $(550,000) - Total distributable income available to unitholders: $5,735,128 [6] - The final distribution will be applicable to unitholders of record as of November 7, 2025, with the ex-date to be determined by FINRA [3] Trust Operations - The Trust owned royalty interests in oil and natural gas properties, receiving proceeds from production until April 1, 2021, with distributions fluctuating based on production volumes and prices [5] - The Trust has gradually increased cash reserves for potential liabilities, withholding a total of approximately $425,000 over the years [7]

Core Points - Phillips 66 announced the retirement intentions of board members Glenn Tilton and Marna Whittington, who will not seek re-election at the annual meeting in May 2026 [1][10]. - The chairman and CEO of Phillips 66, Mark Lashier, expressed gratitude for their contributions and highlighted their significant impact on the company [2][3]. - The company plans to nominate at least four directors for election at the 2026 Annual Meeting of Shareholders, with Greg Hayes expected to become the Lead Independent Director [5]. Company Overview - Phillips 66 is a leading integrated downstream energy provider, involved in manufacturing, transporting, and marketing energy products [6]. - The company operates in various sectors, including Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels [6]. - Headquartered in Houston, Phillips 66 employs approximately 12,900 individuals globally [8].

Core Insights - TechnipFMC reported strong financial results for the third quarter of 2025, with total revenue of $2,647.3 million, a 4.4% increase sequentially and a 12.7% increase year-over-year [3][4] - The company achieved a net income of $309.7 million, or $0.75 per diluted share, reflecting a 14.9% sequential increase and a 12.8% year-over-year increase [3][4] - Adjusted EBITDA was reported at $518.9 million, with an adjusted EBITDA margin of 19.6% [4][5] Financial Performance - Total revenue for the third quarter was $2,647.3 million, up from $2,534.7 million in the previous quarter and $2,348.4 million in the same quarter last year [3] - Net income attributable to TechnipFMC was $309.7 million, with a net income margin of 11.7% [3][4] - Diluted earnings per share increased to $0.75, compared to $0.64 in the previous quarter and $0.63 in the same quarter last year [3][4] - Adjusted net income was $312.1 million, also translating to $0.75 per diluted share [4] - Inbound orders totaled $2,648.1 million, while the backlog increased to $16,813.6 million, reflecting a 14.4% year-over-year growth [3][11] Subsea Segment Highlights - Subsea revenue reached $2,319.2 million, a 4.6% increase from the previous quarter and a 14.4% increase year-over-year [11][12] - Operating profit for the Subsea segment was $401.3 million, with an operating profit margin of 17.3% [11][13] - Subsea inbound orders were $2.4 billion, with a book-to-bill ratio of 1.0x [11][14] Surface Technologies Segment Highlights - Surface Technologies reported revenue of $328.1 million, a 3% increase from the previous quarter [17] - Operating profit for Surface Technologies was $36.8 million, reflecting a 57.3% increase sequentially [18] - Inbound orders for Surface Technologies were $266.6 million, a decrease of 4.1% from the previous quarter [19] Shareholder Returns - The Board of Directors authorized an additional $2 billion in share repurchases, bringing the total authorized amount to $2.3 billion, representing nearly 16% of outstanding shares [6][10] - The company has returned over $1.6 billion to shareholders through stock repurchases and dividends since July 2022 [7] Cash Flow and Capital Management - Free cash flow for the quarter was $448 million, with cash provided by operating activities amounting to $525 million [20][21] - The company ended the period with cash and cash equivalents of $876.6 million, with net cash increasing to $438.6 million [22] Financial Guidance - The company updated its full-year financial guidance for 2025, projecting Subsea revenue in the range of $8.4 to $8.8 billion and Surface Technologies revenue in the range of $1.2 to $1.35 billion [23] - Free cash flow guidance was increased to $1.3 to $1.45 billion [23]

Core Insights - Crescent Energy Company has successfully completed its fall borrowing base redetermination, resulting in an increase in its borrowing base and an extension of the credit facility's tenor, reflecting strong support from its bank syndicate and financial discipline [1][3][6] Credit Facility Highlights - The elected commitment amount has been reaffirmed at $2.0 billion - The borrowing base has increased by 50%, from $2.6 billion to $3.9 billion - The maturity of the credit facility has been extended to five years, resulting in no near-term debt maturities and a weighted average maturity of 6.4 years - The pricing grid has been reduced by 25 basis points, from 200–300 basis points to 175–275 basis points [6] Synergy Capture - Crescent Energy has realized approximately $12 million in total synergy capture, which is roughly 13% of the midpoint of its $90–$100 million synergy range associated with the Vital Energy transaction - The early synergies are primarily driven by lower interest expenses, unused commitment fees, and reduced administrative costs [3][6] Company Overview - Crescent Energy is a differentiated U.S. energy company focused on delivering value for shareholders through a disciplined growth strategy and consistent return of capital - The company has a long-life, balanced portfolio that combines stable cash flows from low-decline production with high-quality development inventory, primarily focused in Texas and the Rocky Mountain region [4]

Core Insights - Woodside Energy Group reported a strong quarterly performance with production reaching 50.8 million barrels of oil equivalent (MMboe), a 1% increase from Q2 2025, and revised full-year production guidance to 192-197 MMboe [5][12][43] - The company achieved a quarterly revenue of $3.359 billion, reflecting a 3% increase from the previous quarter, driven by strong performance from its assets, particularly the Sangomar field [12][45] - Significant progress was made on key projects, including the Scarborough Energy Project, which is 91% complete and on track for first LNG in the second half of 2026 [5][9][21] Quarterly Performance Highlights - Production for the quarter was 50.8 MMboe, with an average realized price of $60/boe, benefiting from diversified pricing strategies [5][12] - Sangomar field produced 99 thousand barrels of oil per day, generating $477 million in revenue for the quarter [5][7] - Pluto LNG achieved 100% reliability during the quarter, contributing to overall operational excellence [5][7] Project Highlights - The Scarborough Energy Project is 91% complete, with first LNG expected in H2 2026 [5][9] - The Beaumont New Ammonia Project is 97% complete, targeting first ammonia production by late 2025 [5][10] - The Louisiana LNG Project is 19% complete, with Train 1 at 25% completion and first LNG targeted for 2029 [5][10] Business and Portfolio Highlights - Woodside received final environmental approval for the North West Shelf Project Extension, allowing operations to continue beyond 2030 [5][8] - The company completed the divestment of the Greater Angostura assets for $259 million [5][19] - Agreements were made for long-term LNG supply with PETRONAS and BOTA, enhancing Woodside's market position [5][11][23] Financial Overview - Capital expenditure for the quarter was $1.323 billion, a 76% increase from Q2 2025, primarily due to ongoing project developments [12][46] - The company maintained liquidity of approximately $8.3 billion as of September 30, 2025 [38] - Woodside's hedging strategy resulted in an estimated pre-tax profit of $139 million for the quarter [41]

Core Insights - TotalEnergies has signed a deal to sell its sustainable consultancy and solutions affiliate GreenFlex to the French group Oteis, aligning with its strategy to focus on energy production and supply [1][10] - Oteis aims to leverage GreenFlex's expertise in environmental and social consultancy, low-carbon energy performance, and transition financing to create a significant player in the sustainable consultancy market [3][10] - Following the divestment, TotalEnergies will become a major customer of GreenFlex, entering into a contract for the production of French Energy Saving Certificates (CEEs) [4] Company Overview - TotalEnergies is a global integrated energy company involved in the production and marketing of various energy sources, including oil, natural gas, renewables, and low-carbon hydrogen, with over 100,000 employees operating in approximately 120 countries [5][10] - Oteis is an independent French consulting and engineering group with over 800 employees and around thirty agencies across Europe, specializing in construction, water and development, infrastructure, and industry [2][6] Strategic Implications - The acquisition of GreenFlex by Oteis is expected to enhance its service offerings and market presence, allowing for the integration of new teams and skills, which has historically led to strong growth for Oteis [2][3] - The deal represents an opportunity for GreenFlex's teams to expand into new markets while continuing to support businesses and regions in their sustainability and decarbonization efforts [3]

Core Viewpoint - Kolibri Global Energy Inc. is urging shareholders to vote against a proposed resolution that seeks to cap the number of common shares authorized for issuance at 37,367,894, arguing that it would negatively impact shareholder value and the company's growth opportunities [4][5]. Summary by Sections Proposed Resolution - The proposed resolution aims to limit the number of common shares the company can issue, which the board believes would be detrimental to shareholders and not in the company's best interests [4]. - The board unanimously recommends shareholders vote against the proposed resolution, citing potential negative impacts on the company's competitive position and flexibility for future share issuances [4][5]. Board and Management Position - All officers and directors of the company oppose the proposed resolution, collectively controlling approximately 17.35% of the outstanding shares, although this number has been reduced to 1.32% due to one director's undecided voting stance [2][3]. - The board's concerns include the limitation on their ability to fulfill fiduciary duties and the potential for increased costs and delays in future share capital increases [4][5]. Shareholder Voting Information - Shareholders are encouraged to read the management information circular in full and vote against the proposed resolution by the deadline of 9:00 a.m. (Pacific time) on November 21, 2025 [6][7]. - Due to labor action affecting postal services, shareholders are advised to vote electronically or by telephone [8]. Company Overview - Kolibri Global Energy Inc. is focused on energy projects in oil and gas, operating properties in the United States and trading on the TSX and NASDAQ [10].

Company Overview - Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, pipelines, and renewable fuels [3] - The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas, and Krotz Springs, Louisiana, with a combined nameplate crude throughput capacity of 302,000 barrels per day [3] Recent Developments - Delek US Holdings plans to issue a press release summarizing its third quarter 2025 results before the U.S. stock market opens on November 7, 2025, followed by a conference call at 9:30 a.m. CT [1] - The company welcomed the U.S. Environmental Protection Agency's decision to grant more than half of its pending small refinery exemptions for the years 2019-2024, which is expected to help ensure affordable energy prices and high-paying jobs [7] - The company reported financial results for its second quarter ended June 30, 2025, achieving its original $120 million EOP target one quarter in advance, indicating progress in improving overall profitability [8] Financial Information - Delek US Holdings announced a quarterly dividend of $0.255 per share, to be paid on August 18, 2025, to shareholders of record on August 11, 2025 [9] Logistics Operations - The logistics operations include Delek Logistics Partners, LP, a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets, with Delek US Holdings owning approximately 63.4% of it as of June 30, 2025 [4]

Core Insights - Expro has won the award for Best Health, Safety or Environmental Contribution – Upstream at the Gulf Energy Awards for its VIGILANCE™ Intelligent Safety and Surveillance Solution, highlighting its commitment to safety in the energy sector [2][4]. Company Achievements - Expro was nominated in 8 categories at the Gulf Energy Awards, showcasing its innovation across 10 different technologies [4]. - The VIGILANCE™ technology provides real-time tracking of equipment and personnel with 10-centimeter accuracy, addressing safety concerns for rig floor personnel [3][4]. - The company emphasizes its ongoing commitment to innovation and excellence, aiming to support a lower-carbon future for the energy industry [4]. Industry Context - The Gulf Energy Awards celebrate significant contributions to the energy sector, focusing on innovation, efficiency, and sustainability [4]. - Expro's extensive portfolio includes services across well construction, well flow management, subsea well access, and well intervention, positioning it as a leading provider in the energy services market [7][8].