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Class Action Filed Against Solaris Energy Infrastructure, Inc. (SEI) - May 27, 2025 Deadline to Join - Contact The Gross Law Firm
Prnewswire· 2025-04-24 09:45
NEW YORK, April 24, 2025 /PRNewswire/ -- 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=144666&fr ...
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Solaris Energy Infrastructure, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – SEI
GlobeNewswire News Room· 2025-04-23 22:20
NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Solaris Energy Infrastructure, Inc. (NYSE: SEI) between July 9, 2024 and March 17, 2025, both dates inclusive (the “Class Period”), of the important May 27, 2025 lead plaintiff deadline. SO WHAT: If you purchased Solaris Energy securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fe ...
Baker Hughes Q1 Earnings Outpace Estimates, Revenues Miss
ZACKS· 2025-04-23 12:40
Core Insights - Baker Hughes Company (BKR) reported first-quarter 2025 adjusted earnings of 51 cents per share, exceeding the Zacks Consensus Estimate of 47 cents and improving from 43 cents a year ago [1] - Total quarterly revenues were $6,427 million, slightly missing the Zacks Consensus Estimate of $6,512 million but increasing from $6,418 million in the previous year [1] Segment Performance - The company reorganized into two operating segments: Oilfield Services and Equipment (OFSE) and Industrial and Energy Technology (IET) [3] - Revenues from the OFSE unit were $3,499 million, down 8% from $3,783 million a year ago and below the estimate of $3,598 million [3] - EBITDA from the OFSE segment totaled $623 million, down 3% from $644 million in Q1 2024, attributed to lower volume despite productivity improvements [4] - Revenues from the IET unit were $2,928 million, up 11% from $2,634 million a year ago and beating the estimate of $2,896 million [4] - EBITDA from the IET segment was $501 million, up 30% from $386 million in the previous year, driven by productivity and increased volume [5] Financial Overview - Total costs and expenses for the first quarter were $5,866 million, up from $5,777 million a year ago, and slightly below the projection of $5,874.7 million [6] - Orders from all business segments amounted to $6,459 million, down 1% from $6,542 million a year ago, primarily due to lower order intake in the OFSE segment [7] - Free cash flow generated was $454 million, compared to $502 million a year ago [8] - Net capital expenditure in the first quarter was $255 million, with cash and cash equivalents of $3,277 million as of March 31, 2025 [9] - Long-term debt stood at $5,969 million, with a debt-to-capitalization ratio of 25.9% [9] Market Position - Baker Hughes currently holds a Zacks Rank 3 (Hold) [10] - Other energy sector stocks with better rankings include Archrock Inc. (AROC) with a Zacks Rank 1 (Strong Buy), and Kinder Morgan, Inc. (KMI) and Enterprise Products Partners L.P. (EPD), both with a Zacks Rank 2 (Buy) [11]
3 No-Brainer Energy Stocks to Buy Right Now
The Motley Fool· 2025-04-23 08:11
Core Insights - The U.S. electricity demand is projected to surge by 55% by 2040, driven by factors such as AI data centers, onshoring of manufacturing, and overall electrification [1] - Energy companies that focus on meeting this growing demand are seen as attractive investment opportunities, with Brookfield Renewable, Enbridge, and NextEra Energy identified as key players [2] Brookfield Renewable - Brookfield Renewable is a leading global renewable energy company with a diversified portfolio including hydro, wind, solar, and nuclear services, generating stable cash flow [3] - The company anticipates a 4% to 7% annual growth in funds from operations (FFO) through the end of the decade, supported by inflation in long-term contracts and margin improvement initiatives [4] - A project backlog is expected to contribute an additional 4% to 6% to FFO per share annually, with overall FFO per share growth projected to exceed 10% [4] - This growth is expected to enable a 5% to 9% annual increase in dividends, positioning Brookfield for mid-teens total annual returns [5] Enbridge - Enbridge is a major North American energy infrastructure company with a focus on liquids pipelines, natural gas transmission, and renewable energy [6] - The company has a stable earnings base supported by long-term contracts and is investing in cleaner energy infrastructure [7] - Enbridge expects a 3% compound annual growth rate in cash flow per share through next year, accelerating to around 5% post-2026, which should support similar dividend growth [8] - The combination of high dividend yield and moderate earnings growth positions Enbridge for double-digit total annual returns [8] NextEra Energy - NextEra Energy operates one of the largest electric utilities in the U.S. and has a significant renewable energy platform, generating stable cash flow [9] - The company plans to invest $120 billion in American energy infrastructure over the next four years, focusing on solar energy capacity and a growing backlog of renewable projects [10][11] - This investment is expected to drive adjusted earnings per share growth at the top end of the 6% to 8% target range through at least 2027, with dividends projected to increase by around 10% annually [12] - The combination of growth and income positions NextEra Energy for double-digit total annual returns [12] Overall Investment Outlook - Given the anticipated surge in electricity demand, Brookfield Renewable, Enbridge, and NextEra Energy are well-positioned to deliver strong total returns, making them attractive investment options in the current market [13]
Enerflex Ltd. Confirms Search for New Independent Director and Announces Timing of First Quarter Release
Newsfilter· 2025-04-22 10:00
Corporate Governance - The Board of Directors of Enerflex Ltd. intends to initiate a search for a qualified independent director this year, consistent with good corporate governance [1] - The Board is committed to achieving at least 30% gender diversity on or before the Company's 2026 annual meeting [1] Financial Results - Enerflex plans to release its financial results and operating highlights for the three months ended March 31, 2025, prior to market open on May 8, 2025 [2] - The results will be communicated via news release and will be available on the Company's website and under its electronic profile on SEDAR+ and EDGAR [2] Conference Call - A conference call and audio webcast will be held on May 8, 2025, at 8:00 a.m. (MDT) to discuss the Company's results, followed by a question-and-answer period [3] - Participants can register for the call to receive dial-in numbers and a unique PIN [4] Company Overview - Enerflex is a premier integrated global provider of energy infrastructure and energy transition solutions, focusing on natural gas, low-carbon, and treated water solutions [8][9] - The Company employs over 4,600 engineers, manufacturers, technicians, and innovators, united by a vision of transforming energy for a sustainable future [9] - Enerflex remains committed to the future of natural gas and supports sustainability offerings to aid in energy transition and decarbonization efforts [9]
Sempra to Report First-Quarter 2025 Earnings May 8
Prnewswire· 2025-04-21 20:08
Earnings Release - Sempra plans to release its first-quarter 2025 earnings by 8 a.m. ET on Thursday, May 8 [1] - An accompanying slide presentation detailing the earnings results will be published to the Investors site by 8 a.m. ET on the same day [3] Conference Call - Jeffrey W. Martin, chairman and CEO, along with other senior leaders, will host a conference call at 12 p.m. ET on Thursday, May 8 [2] - Investors, media, analysts, and the public can listen to a live webcast of the conference call by registering on Sempra's Investors site [2] Company Overview - Sempra is a leading North American energy infrastructure company serving nearly 40 million consumers [4] - The company owns one of the largest energy networks in North America and is focused on electrifying and improving energy resilience in significant markets such as California, Texas, and Mexico [4] - Sempra is recognized for its sustainable business practices and operational excellence, as evidenced by its inclusion in the Dow Jones Sustainability Index North America [4]
TC Energy (TRP) Upgraded to Buy: Here's What You Should Know
ZACKS· 2025-04-21 17:00
Investors might want to bet on TC Energy (TRP) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changin ...
3 High-Yield Dividend Stocks on Sale After Wild Market Swing
MarketBeat· 2025-04-14 11:02
Market Overview - The first week of April 2025 experienced significant market volatility due to rapidly changing tariff policies, leading to a historic swing in stock prices [1] - The S&P 500 saw one of its highest single-day gains on April 9, 2025, following the announcement of a 90-day pause on most tariffs by the Trump administration [1] Investment Opportunities - High-yield dividend stocks have been trading at a discount amid increased market volatility, presenting potential opportunities for investors [3] - Prologis, a leading logistics real estate company, has a dividend yield of 4.26% and a strong annualized three-year dividend growth rate of 15.1%, despite a 10% year-to-date dip [4][5] - Kinder Morgan, an energy infrastructure giant, has a dividend yield of 4.35% and has seen a 41% rally over the past year, despite a recent dip of over 3% [8][9] - Verizon Communications, the largest provider of mobile and telephone services in the U.S., offers a dividend yield of 6.20% and is considered insulated from tariff impacts [11][13] Company Performance - Prologis shares fell nearly 6% in the five trading days leading to April 10, 2025, contributing to a year-to-date decline of nearly 10% [6] - Kinder Morgan's executives raised adjusted EPS and EBITDA guidance for 2025, indicating strong growth potential despite a recent earnings miss [10] - Verizon's stock dipped over 4% in the five days leading to April 10, but analysts see more than 9% upside potential, rating it a Moderate Buy [12][14] Analyst Sentiment - Nearly two-thirds of analysts rate Prologis a Buy, with a consensus price target nearly 35% above current levels [7] - Kinder Morgan is rated a Moderate Buy with a consensus price target of $29.64, indicating a potential upside of 15.62% [10] - Verizon is also rated a Moderate Buy, with a consensus price target of $46.92, suggesting it may be undervalued [14]
TC Energy Reports ANR Pipeline Leak, Warns Gas Outage May Last Days
ZACKS· 2025-04-10 18:40
Group 1: Incident Overview - TC Energy Corporation (TRP) detected a leak in the ANR pipeline system, leading to a shutdown of the pipeline on Wednesday near Fennville, MI [1] - The leak was caused by a third party, prompting TC Energy to shut down the affected section for safety reasons, resulting in a natural gas outage affecting approximately 5,200 homes in the region [2] - Repairs and maintenance on the damaged pipeline may cause the gas outage in Fennville to last for several days [2] Group 2: Pipeline System Details - TRP's ANR pipeline system transports over 10 billion cubic feet of natural gas per day and connects to major gas-producing basins in North America [3] - The pipeline spans approximately 9,300 miles, delivering natural gas to midwestern states in the United States [3] Group 3: Company Rankings and Comparisons - TRP currently holds a Zacks Rank 3 (Hold), indicating a neutral outlook [4] - Other better-ranked stocks in the energy sector include Archrock Inc. (AROC) with a Zacks Rank 1 (Strong Buy), and Nine Energy Service (NINE) and Kinder Morgan, Inc. (KMI) both with a Zacks Rank 2 (Buy) [4] Group 4: Competitor Insights - Archrock focuses on midstream natural gas compression and is expected to see sustained demand for its services due to the growing importance of natural gas in the energy transition [5] - Nine Energy Service provides onshore completion and production services across key basins in the U.S. and Canada, with anticipated growth due to sustained demand for oil and gas [6] - Kinder Morgan operates a stable business model driven by take-or-pay contracts, providing predictable earnings and reliable capital returns to shareholders [7]
Equinor Projects Lower Liquids & LNG Trading Results in Q1
ZACKS· 2025-04-10 15:45
Company Overview - Equinor ASA (EQNR) anticipates weak results in liquids and LNG trading for the first quarter of 2025, with nearly $100 million in costs related to carbon capture and storage (CCS) appraisal wells in its Marketing, Midstream & Processing segment [1] - The company reported that its Hammerfest LNG and Snøhvit facilities were shut down for 20 days during the quarter for maintenance, impacting overall performance [2] Price Estimates - EQNR estimates the average realized liquids price for its E&P Norway segment to be between $72.80 and $74.80 per barrel, while for E&P International, it is expected to be between $66 and $70 per barrel [2] - In the United States, EQNR expects to benefit from higher realized natural gas prices compared to the previous quarter, driven by a particularly cold winter [2] Industry Comparisons - Exxon Mobil Corporation has reported that higher oil and natural gas prices, along with increasing refining margins, are expected to positively influence its financial results for the first quarter [3] - EQNR currently holds a Zacks Rank of 3 (Hold), while competitors such as Archrock Inc. (Rank 1), Nine Energy Service (Rank 2), and Kinder Morgan, Inc. (Rank 2) are noted for their stronger positions in the energy sector [4]