NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Solaris Energy Infrastructure, Inc. (NYSE: SEI). Shareholders who purchased shares of SEI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/solaris-energy-infrastructure-inc-loss-submission-form/?id=148462&f ...

Core Viewpoint - The article discusses three dividend stocks: Energy Transfer, Clearway Energy, and Starbucks, highlighting their potential for generating passive income and growth opportunities for investors. Group 1: Energy Transfer - Energy Transfer offers a 7.7% dividend yield, positioning it as a strong investment for those optimistic about the U.S. energy sector [4] - The company is expanding its operations to meet increasing domestic energy demand and is involved in significant projects, including a major LNG export terminal in Louisiana [6][7] - CEO Marshall McCrea anticipates important announcements regarding gas supply for data centers, aligning with government initiatives to boost domestic energy production [5] Group 2: Clearway Energy - Clearway Energy has a forward yield of 6.1% and operates a clean energy portfolio of 11.8 GW across 26 states, making it less vulnerable to oil price fluctuations [8][9] - The company has secured long-term power purchase agreements, providing stability in cash flows and supporting its dividend payments [10] - In 2024, Clearway's dividends of $334 million were fully covered by its cash available for distribution, indicating strong financial health [11] Group 3: Starbucks - Starbucks has consistently raised its dividend since 2010, with the current yield approaching 3%, appealing to income-focused investors [12][13] - The company is undergoing a management transition, which has led to recent challenges, but long-term investors may find value at current stock prices [14][17] - The potential resolution of trade tensions could significantly benefit Starbucks, especially given its exposure to the Chinese market [15][16]

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by officers and directors of Solaris Energy Infrastructure, Inc. (NYSE: SEI) towards shareholders [1] Group 1: Allegations Against Solaris Energy - A federal securities lawsuit claims that insiders at Solaris misrepresented or failed to disclose critical information regarding Mobile Energy Rentals LLC (MER), including its lack of corporate history in mobile turbine leasing [2] - The lawsuit alleges that MER did not have a diversified earnings stream and that its co-owner was a convicted felon with a history of turbine-related fraud allegations [2] - As a result of these issues, Solaris is accused of overstating the commercial prospects of acquiring MER and inflating profitability metrics by not properly depreciating its turbines [2] - Positive statements made by Solaris about its business, operations, and prospects are claimed to be materially misleading and lacking a reasonable basis [2]

NEW YORK, May 13, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Solaris Energy Infrastructure, Inc. ("Solaris Energy Infrastructure, Inc." or the "Company") (NYSE: SEI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Solaris Energy Infrastructure, Inc. investors who were adversely affected by alleged securities fraud between July 9, 2024 and March 17, 2025. Follow the link below to get more information and be contacted by a memb ...

Core Viewpoint - A class action securities lawsuit has been filed against Solaris Energy Infrastructure, Inc. due to alleged securities fraud affecting investors between July 9, 2024, and March 17, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit aims to recover losses for investors who were adversely affected by alleged fraudulent activities [2]. - The complaint alleges that Solaris Energy Infrastructure made false statements regarding the acquisition of Mobile Energy Rentals LLC (MER), including claims about MER's corporate history, earnings diversification, and the criminal background of its co-owner [3]. - It is claimed that Solaris overstated the commercial prospects of the acquisition and inflated profitability metrics by failing to properly depreciate its turbines [3]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until May 27, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require this role [4]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [4]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [5]. - The firm has been recognized as one of the top securities litigation firms in the United States for seven consecutive years [5].

Core Viewpoint - The Gross Law Firm is notifying shareholders of Solaris Energy Infrastructure, Inc. about a class action lawsuit due to alleged misleading statements and omissions related to the company's acquisition of Mobile Energy Rentals LLC [1][3]. Allegations - The complaint alleges that during the class period from July 9, 2024, to March 17, 2025, Solaris Energy Infrastructure made materially false and misleading statements regarding: - The lack of corporate history of Mobile Energy Rentals LLC in the mobile turbine leasing space [3]. - The absence of a diversified earnings stream for Mobile Energy Rentals [3]. - The co-owner of Mobile Energy Rentals being a convicted felon with a history of turbine-related fraud allegations [3]. - Overstated commercial prospects from the acquisition of Mobile Energy Rentals [3]. - Inflated profitability metrics due to improper depreciation of turbines [3]. - Misleading positive statements about the company's business and operations [3]. Next Steps for Shareholders - Shareholders who purchased shares during the specified class period are encouraged to register for the class action by May 27, 2025, to potentially become lead plaintiffs [4]. - Registered shareholders will receive updates through a portfolio monitoring software throughout the case lifecycle [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [5].

Core Viewpoint - Solaris Energy Infrastructure, Inc. (NYSE: SEI) is facing allegations of issuing materially false and misleading statements regarding its acquisition of Mobile Energy Rentals LLC (MER), which has raised concerns about the company's business practices and financial reporting [1]. Allegations Summary - The complaint alleges that during the class period from July 9, 2024, to March 17, 2025, the defendants failed to disclose that MER had little to no corporate history in the mobile turbine leasing space [1] - It is claimed that MER did not have a diversified earnings stream, raising questions about its financial stability [1] - The co-owner of MER is identified as a convicted felon with multiple allegations of turbine-related fraud, which could impact the credibility of the acquisition [1] - As a result of these factors, Solaris is accused of overstating the commercial prospects of the acquisition [1] - The company allegedly inflated profitability metrics by failing to properly depreciate its turbines, leading to misleading financial statements [1] - Overall, the defendants' positive statements about the company's business, operations, and prospects are claimed to be materially misleading and lacking a reasonable basis [1]. Next Steps for Shareholders - Shareholders who purchased shares of SEI during the specified class period are encouraged to register for the class action by May 27, 2025, to potentially become lead plaintiffs [2] - Once registered, shareholders will be enrolled in a portfolio monitoring software to receive updates on the case [2].

Core Viewpoint - Suncor Energy Inc. reported strong first-quarter 2025 adjusted operating earnings of 91 cents per share, exceeding expectations due to robust upstream production growth, although overall earnings declined from the previous year due to weaker downstream performance [1][6]. Financial Performance - Operating revenues reached $8.7 billion, surpassing estimates by 3.9%, but decreased approximately 6.7% year over year due to lower upstream sales volumes [2][14]. - The company declared a quarterly dividend of 57 Canadian cents per share, consistent with the previous quarter, to be paid on June 25, 2025 [2]. - Total expenses decreased by 1.4% to C$10.2 billion, with operating, selling, and general expenses down to C$3.3 billion from C$3.4 billion in the prior year [14]. Production and Segment Performance - The upstream segment achieved record production of 853,000 barrels per day (bbls/d), a 2.14% increase year over year, and exceeded the consensus estimate [5][4]. - Oil sands bitumen production reached a record 937,300 bbls/d, driven by strong output at Firebag [5]. - The company's exploration and production (E&P) volume increased by 23.9% to 62,300 barrels of oil equivalent per day (boe/d), surpassing estimates [6]. Downstream Operations - Adjusted operating earnings for the downstream segment fell to C$667 million from C$1.118 billion in the same quarter last year, primarily due to lower benchmark crack spreads [11]. - Refining throughput was the highest for a first quarter at 482,700 bpd, exceeding the consensus estimate [12][13]. Cash Flow and Capital Expenditures - Cash flow from operating activities was C$2.2 billion, down from C$2.8 billion in the prior year [15]. - Capital expenditures for the first quarter amounted to C$1.1 billion, with total capital expenditures for 2025 expected to be between C$6.1 billion and C$6.3 billion [15][19]. Guidance for 2025 - Suncor Energy anticipates upstream production to range from 810,000 boe/d to 840,000 boe/d for 2025, with cash operating costs for Oil Sands operations expected between C$26 and C$29 per barrel [16][18]. - Refinery throughput is projected to be between 435,000 bpd and 450,000 bpd, with refined product sales expected in the range of 555,000 to 585,000 bpd [18].

NEW YORK, May 08, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Solaris Energy Infrastructure, Inc. ("Solaris Energy Infrastructure, Inc." or the "Company") (NYSE: SEI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Solaris Energy Infrastructure, Inc. investors who were adversely affected by alleged securities fraud between July 9, 2024 and March 17, 2025. Follow the link below to get more information and be contacted by a memb ...

Financial Performance - Enerflex reported revenue of $552 million for Q1/25, a decrease from $638 million in Q1/24 and $561 million in Q4/24, primarily due to upfront revenue recognized in the previous year [3][5] - Adjusted EBITDA for Q1/25 was $113 million, up from $69 million in Q1/24 and $121 million in Q4/24, attributed to costs recognized in the prior year [3][7] - Free cash flow increased to $85 million in Q1/25 compared to $72 million in Q1/24, driven by lower maintenance capital spending [3][26] Operational Highlights - The company maintained a gross margin before depreciation and amortization of $161 million, representing 29% of revenue, compared to 19% in Q1/24 [3][7] - Enerflex's backlog included $1.5 billion in Energy Infrastructure (EI) contracts and $1.2 billion in Engineered Systems (ES) as of March 31, 2025, providing solid operational visibility [1][10] - The U.S. contract compression business generated $36 million in revenue with a gross margin of 72% during Q1/25, consistent with previous quarters [3][6] Balance Sheet and Liquidity - The company reduced its bank-adjusted net debt-to-EBITDA ratio to 1.3x at the end of Q1/25, down from 2.2x at the end of Q1/24 [1][6] - Enerflex exited Q1/25 with net debt of $564 million, a reduction of $179 million compared to Q1/24 [6][7] - Cash provided by operating activities was $96 million, including a net working capital recovery of $34 million [3][27] Management Commentary - The interim CEO highlighted the strong performance of the EI and After-Market Services (AMS) business lines, emphasizing the company's ability to generate sustainable returns [4] - The interim CFO noted that the company repaid an additional $74 million of debt during Q1/25, reflecting strong operational execution and disciplined capital allocation [4][6] Outlook - Enerflex expects its EI product line and AMS to account for approximately 65% of gross margin before depreciation and amortization during 2025 [10][12] - The company anticipates that the majority of the ES product line backlog will convert into revenue over the next 12 months [11][12] - Capital expenditures for 2025 are targeted between $110 million and $130 million, focusing on customer-supported opportunities primarily in the USA [14][32]