Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of NET Power, Inc. regarding a class action lawsuit alleging that the company made materially false and misleading statements about its Project Permian, which is unlikely to be completed on schedule and may incur higher costs than previously stated [1][2]. Group 1: Allegations - The complaint alleges that during the class period from June 9, 2023, to March 7, 2025, NET Power failed to disclose significant challenges related to the completion of its first utility-scale plant, Project Permian, including supply chain issues and site-specific challenges [1]. - It is claimed that the company's projections regarding the time and capital needed to complete Project Permian were unrealistic, which could negatively impact its business and financial results [1]. - The allegations suggest that the public statements made by the defendants were materially false and misleading throughout the relevant period [1]. Group 2: Class Action Details - Shareholders who purchased shares of NPWR during the specified class period are encouraged to register for the class action, with a deadline for lead plaintiff appointment set for June 17, 2025 [2]. - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case's status [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 and illegal business practices [3]. - The firm aims to ensure that companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].

Core Viewpoint - Constellation Energy Corporation (CEG) is anticipated to show improvements in earnings per share for the first quarter of 2025, despite a projected decline in revenues compared to the previous year [1][2]. Earnings Estimates - The Zacks Consensus Estimate for CEG's first-quarter revenues is $5.92 billion, reflecting a decline of 3.87% year-over-year [1]. - The first-quarter earnings estimate is $2.14 per share, indicating a 17.58% increase from the same quarter last year [2]. - For the current quarter (March 2025), the earnings estimates range from a low of $2.05 to a high of $2.23, with an average estimate of $2.14 [3]. Earnings Performance - CEG has consistently surpassed earnings expectations in the past four quarters, with an average surprise of 10.16% [4]. - The company reported earnings of $2.44, $2.74, $1.68, and $1.82 in the last four quarters, with respective surprises of 11.42%, 0.74%, 17.48%, and 10.98% [5]. Earnings Prediction Model - The Zacks model indicates a likely earnings beat for CEG, supported by a positive Earnings ESP of +2.18% [6]. - CEG currently holds a Zacks Rank of 3 (Hold), which suggests a stable outlook [7]. Strategic Factors Influencing Earnings - CEG's strong nuclear fleet and high nuclear operating capacity factor are expected to positively impact first-quarter earnings by ensuring a consistent supply of clean energy [8]. - The company is actively expanding its renewable energy portfolio, which is anticipated to support long-term earnings growth and diversify its energy mix [9]. Stock Performance - CEG's shares have increased by 7.3% over the past six months, outperforming the industry average of 5.4% [10]. - The stock is currently trading at a premium compared to its industry on a forward 12-month P/E basis [12]. Investment Thesis - CEG's strategic investments and focus on expanding its renewable portfolio are key drivers of its earnings performance [14]. - The company is benefiting from systematic acquisitions that enhance its clean energy generation capacity [14]. Market Positioning - CEG is well-positioned to meet the rising demand for clean energy, particularly driven by the expansion of AI-powered data centers [15]. - Existing shareholders can expect benefits from ongoing dividends, share repurchase programs, and increasing earnings projections, contributing to a strong financial outlook [16].

Core Viewpoint - The AES Corporation reported a significant decline in adjusted earnings and total revenues for the first quarter of 2025, primarily due to lower contributions from its Energy Infrastructure segment and changes in tax attributes [1][3]. Financial Performance - Adjusted earnings for Q1 2025 were 27 cents per share, missing the Zacks Consensus Estimate of 37 cents by 27% and down 46% from 50 cents per share in the same quarter last year [1]. - GAAP earnings were reported at 7 cents per share, a decrease from 60 cents in Q1 2024, attributed to lower contributions from the Energy Infrastructure segment and one-time restructuring costs [2]. - Total revenues amounted to $2.93 billion, a 5.3% decline year-over-year, and missed the Zacks Consensus Estimate of $3.20 billion by 8.7% [3]. Cost and Income Analysis - Total cost of sales for the quarter was $2.49 billion, reflecting a 0.8% increase year-over-year [4]. - Operating income decreased to $441 million, down 28.8% from $619 million in the prior year [4]. - Interest expenses were $342 million, down 4.2% from $357 million in the same quarter last year [4]. Operational Highlights - The company signed 443 megawatts (MW) of new long-term power-purchase agreements (PPAs) for solar and energy storage, increasing the total backlog to 11.7 gigawatts (GW), with 5.3 GW currently under construction [5]. Financial Condition - Cash and cash equivalents stood at $1.75 billion as of March 31, 2025, up from $1.52 billion at the end of 2024 [6]. - Non-recourse debt increased to $21.61 billion from $20.63 billion as of December 31, 2024 [6]. - Net cash flow from operating activities was $545 million in Q1 2025, compared to $287 million in Q1 2024 [6]. Capital Expenditure - Total capital expenditure for the first quarter was $1.25 billion, down from $2.15 billion recorded a year ago [7]. Future Guidance - AES reaffirmed its 2025 earnings guidance, expecting adjusted earnings in the range of $2.10-$2.26 per share, with the Zacks Consensus Estimate at $2.16 per share [8]. - The company maintains an average annual earnings growth target of 7-9% through 2027 [8].

Group 1: Hydropower and Energy Storage - The Zhejiang Tiantai Pumped Storage Power Station, a key project under China's 14th Five-Year Plan, has successfully completed the rotor hoisting of its first unit, marking the entry into the assembly phase for the largest single-unit pumped storage generator in the country with a capacity of 425 megawatts [1][3] - The power station consists of upper and lower reservoirs, a water conveyance system, and an underground powerhouse, with a total installed capacity of 1,700 megawatts, expected to provide 1.7 billion kilowatt-hours of clean energy annually, equivalent to the electricity needs of 1.6 million people [7][5] - The project employs advanced technologies such as 3D printing, CNC machining, and welding, representing a significant achievement in the high-end development of China's pumped storage units [3] Group 2: Infrastructure Development - The Haitai Yangtze River Tunnel, currently under construction, is the world's longest underwater road tunnel at 11.185 kilometers, with a shield tunnel section of 9,315 meters, connecting Jiangsu Nantong and Suzhou [8][10] - The construction is being carried out by over 300 workers, utilizing the "Jianghai" shield machine, which has a diameter of 16.64 meters and is equipped with advanced technologies for efficient tunneling [10][12] - The tunnel is designed with a dual six-lane configuration and a speed limit of 100 kilometers per hour, expected to significantly enhance connectivity in the Yangtze River Delta region upon completion in 2028 [16] Group 3: Waterway Infrastructure - The Changjiang Navigation Channel Improvement Project in Jiangxi is progressing with over 100 workers on-site, focusing on enhancing the waterway's capacity to over 15 million tons annually [17][19] - The project utilizes smart management and technological innovations, including Building Information Modeling (BIM), which has optimized design and saved over 100 million yuan in investment [21] - Safety measures include the installation of 22 4K HD cameras for real-time monitoring, contributing to a comprehensive safety management system [23]

Agreement maintains reliable electricity supply in Baltimore through May 2029HOUSTON, May 01, 2025 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen”) (NASDAQ: TLN) announced today that the Federal Energy Regulatory Commission (the “FERC”) has approved the terms under which Talen will operate units at its Brandon Shores and H.A. Wagner power plants until May 31, 2029, beyond their scheduled May 31, 2025 retirement dates. Talen, PJM Interconnection, L.L.C. (“PJM”), and a broad coalition of the Maryland Pu ...

Core Insights - The AES Corporation reported a net loss of $73 million for Q1 2025, a significant decline from a net income of $278 million in Q1 2024, primarily due to higher prior year revenues from the monetization of the Warrior Run coal plant PPA and one-time restructuring costs [3][6][10] - The company reaffirmed its 2025 guidance for Adjusted EBITDA between $2,650 million and $2,850 million, with expected growth driven by new renewable projects and rate base growth at U.S. utilities [8][9][10] Strategic Accomplishments - The company completed the construction of 643 MW of energy storage and solar projects and is on track to add a total of 3.2 GW of new projects by the end of 2025 [10][11] - AES signed or awarded new long-term Power Purchase Agreements (PPAs) for 443 MW of solar and energy storage [10][11] - The sale of a minority interest in AES Global Insurance Company (AGIC) for $450 million helped achieve the full-year asset sale proceeds target of $400 to $500 million [10][11] Financial Highlights - Q1 2025 Adjusted EBITDA was $591 million, down from $640 million in Q1 2024, mainly due to lower contributions from the Energy Infrastructure SBU [4][7] - Adjusted EPS for Q1 2025 was $0.27, a decrease from $0.50 in Q1 2024, driven by lower realized tax attributes and contributions from the Energy Infrastructure SBU [7][10] - The company reported total revenue of $2,926 million for Q1 2025, compared to $3,085 million in Q1 2024, reflecting a decline in both regulated and non-regulated revenue streams [24][25] Financial Position and Outlook - The company reaffirmed its expectation for annualized growth in Adjusted EBITDA of 5% to 7% through 2027, based on a 2023 guidance base of $2,600 million to $2,900 million [9][10] - The total assets of the company increased to $48,615 million as of March 31, 2025, compared to $47,406 million at the end of 2024 [26][27] - The company expects to maintain its quarterly dividend payment of $0.17595 going forward [13]

EDMONTON, Alberta, May 01, 2025 (GLOBE NEWSWIRE) -- The annual meeting of shareholders (“annual meeting”) for Capital Power Corporation (TSX: CPX) (“Capital Power” or “the Corporation”) was held on April 29, 2025. Each of the matters voted upon at the annual meeting is discussed in detail in the Corporation’s Management Proxy Circular dated March 10, 2025 and available on the Corporation’s website at: www.capitalpower.com/AGM. The manner in which the ballots or proxies received, as applicable, were voted in ...

Group 1: Dividend Stocks Appeal - Investors are shifting focus to dividend stocks as growth in the technology sector becomes uncertain, with dividends providing total return and mitigating downside risk [1] - The Coca-Cola Company (KO) stock has increased by approximately 17% over the last 12 months, and with a dividend yield of 2.12%, the total return approaches 20% [2] - Several high-yield dividend stocks are currently trading near their 52-week lows but have potential growth catalysts for 2025, allowing investors to collect dividends while waiting [3] Group 2: AES Corporation - AES Corporation (AES) has a dividend yield of 6.99% and an annual dividend of $0.70, with a 12-year track record of dividend increases and a 4.40% annualized 3-year dividend growth [4] - The company operates power plants and distributes electricity, utilizing a variety of fuels, including coal and renewable energy projects [5][6] - Despite potential risks to federal funding for renewable projects, earnings are considered undervalued by at least 20%, with analysts predicting a stock price increase of over 35% alongside a 6.95% dividend yield [7] Group 3: Pfizer Inc. - Pfizer Inc. (PFE) offers a dividend yield of 7.05% and an annual dividend of $1.72, with a 16-year history of dividend increases and a 2.50% annualized 3-year dividend growth [9] - The company faces challenges, including the discontinuation of an obesity drug candidate and potential revenue loss of $18 billion due to patent expirations, but it has a strong pipeline bolstered by the acquisition of Seagen [10] - Analysts forecast a stock price gain of around 22% in the next 12 months, with a dividend protected by a 58% payout ratio based on current-year estimates [11] Group 4: LyondellBasell Industries - LyondellBasell Industries (LYB) has a dividend yield of 9.20% and an annual dividend of $5.36, with a 13-year track record of dividend increases and a 5.88% annualized 3-year dividend growth [12] - The company is a major producer of plastics and resins, but faces challenges from tariffs and a slowing economy, impacting its short-term outlook [13][14] - Despite a high payout ratio of 165.43%, the company has shown no signs of cutting dividends, which have increased by an average of 5.5% over the last three years [12][14]

Core Viewpoint - TC Energy Corporation is strategically investing in natural gas and nuclear power generation projects, anticipating significant growth in energy consumption through 2035, with a focus on delivering long-term value and low-risk opportunities [1][13]. Financial Highlights - First quarter 2025 comparable earnings were $1.0 billion or $0.95 per common share, a slight decrease from $1.1 billion or $1.02 per common share in the same quarter of 2024 [4][6]. - Comparable EBITDA for the first quarter 2025 was $2.7 billion, consistent with the first quarter of 2024 [4][6]. - The company reaffirmed its 2025 outlook, expecting comparable EBITDA between $10.7 billion and $10.9 billion, with capital expenditures anticipated to be between $6.1 billion and $6.6 billion [4][16]. Project Highlights - TC Energy expects to place approximately $8.5 billion of projects into service in 2025, tracking to be roughly 15% under budget [1][16]. - The Southeast Gateway pipeline, a 1.3 Bcf/d, 715-kilometre natural gas pipeline, is ready for service and was constructed approximately 13% under the original cost estimate [10][12]. - The Northwoods project has been approved, designed to provide 0.4 Bcf/d of capacity for natural gas-fired electric generation in the U.S. Midwest, with an estimated cost of approximately US$0.9 billion and an anticipated in-service date of late 2029 [7][13]. Operational Highlights - Canadian Natural Gas Pipelines deliveries averaged 27.6 Bcf/d, an increase of 8% compared to the first quarter of 2024 [4][6]. - Bruce Power achieved 87% availability in the first quarter of 2025, reflecting a planned outage on Unit 5 [4][15]. - The cogeneration power plant fleet achieved 98.6% availability in the first quarter of 2025, attributed to fewer forced outages [4][15]. Strategic Focus - The company is focused on executing high-value, low-risk projects with attractive build multiples, underpinned by long-term contracts with creditworthy counterparties [1][13]. - TC Energy's origination pipeline remains robust, with several projects in advanced stages of development, particularly related to coal-to-gas conversions and data center demand growth [14][16]. - The company aims to maximize the value of its assets through safety and operational excellence while ensuring financial strength and agility [9][14].

Group 1 - Central Puerto S.A, one of the largest private sector power generation companies in Argentina, will announce its First Quarter 2025 financial results on May 12, 2025 [1] - The conference call to discuss the financial results will be hosted by key executives including the CEO, CFO, and Head of Corporate Finance & Investor Relations Officer on the same date at 12:00 PM ET [1] - The company will provide access to the conference call via a live audio webcast on its Investor Relations section of the website, and a replay will also be available [2]