Core Insights - Enbridge Inc. is a leading energy infrastructure company in North America, with a significant role in connecting consumers to essential energy resources and expanding its European offshore wind portfolio [1] Financial Performance - Enbridge is set to release its third-quarter 2025 earnings on November 7, with expected earnings per share (EPS) of $0.39 and revenue of $10.86 billion, reflecting slight declines from the previous year due to increased financing and maintenance costs [2] - In the previous quarter, Enbridge reported adjusted earnings of $0.47 per share, exceeding the Zacks Consensus Estimate of $0.41, driven by strong contributions from its Gas Transmission and Gas Distribution and Storage segments [3] - The company has consistently exceeded earnings expectations over the last four quarters, with an average surprise of 5.61% [3][6] Dividend Information - Enbridge's Board of Directors declared a quarterly dividend of $0.9425 per common share, payable on December 1, 2025, consistent with the previous dividend declared on September 1, 2025 [4] Financial Metrics - Enbridge has a price-to-earnings (P/E) ratio of approximately 21.77, a price-to-sales ratio of about 2.24, and an enterprise value to sales ratio of around 3.79 [5] - The enterprise value to operating cash flow ratio is approximately 18.89, with an earnings yield of about 4.59% [5] - The debt-to-equity ratio stands at approximately 1.54, indicating financial leverage, while the current ratio is about 0.75, suggesting the company's ability to cover short-term liabilities with short-term assets [5][6]

Group 1 - ONEOK has attracted investor interest due to stable oil prices and increasing U.S. natural gas demand, alongside a strengthened balance sheet and expanded pipeline and processing footprint [2] - The stock is currently trading nearly 40% lower than its one-year peak and has a price-to-sales ratio below the average of the past three years, indicating potential as a value investment [3] - ONEOK provides natural gas gathering, processing, storage, and transportation services across the U.S., in addition to owning a parking garage and leasing office space in Tulsa, Oklahoma [4] Group 2 - ONEOK has demonstrated reasonable revenue growth of 58.4% over the last twelve months and an average of 16.4% over the past three years, with a strong average operating margin of approximately 21.2% [8] - The stock is trading at a modest price-to-earnings (PE) multiple of 12.5, despite its positive fundamentals [8] - Historical data shows average forward returns of 12.7% for six months and 25.8% for twelve months, with a win rate exceeding 70% for both timeframes [9]

November 2025 Enerflex Ltd. Corporate Presentation All amounts presented in US Dollars unless otherwise stated Transforming Energy for a Sustainable Future North America Latin America Eastern Hemisphere Enerflex Geographies Enerflex Key Offices Enerflex Manufacturing Facility TSX / NYSE EFX / EFXT Annual dividend CAD$0.17/sh Market Cap (1) US$1.5 B Dividend Yield (1) 1.0% Operating Years 45 Employees ~4,400 Core Countries (2) 7 BOOM Projects (3) 24 1) Based on an EFXT closing share price of $12.65 as of Nov ...

Core Insights - Enerflex reported record adjusted EBITDA of $145 million for Q3/25, an increase from $120 million in Q3/24, driven by higher gross margins and operational efficiencies [3][12][10] - The company generated revenue of $777 million in Q3/25, up from $601 million in Q3/24, primarily due to the commencement of the Bisat-C Expansion Facility [3][11] - Free cash flow decreased to $43 million in Q3/25 from $78 million in Q3/24, attributed to working capital investments and higher growth capital spending [3][12] Financial Performance - Gross margin before depreciation and amortization was $206 million, or 27% of revenue, compared to $176 million, or 29% in Q3/24 [3][12] - Selling, general and administrative expenses (SG&A) decreased to $71 million from $82 million in Q3/24, reflecting cost-saving initiatives [3][12] - Net earnings for Q3/25 were $37 million, or $0.30 per share, compared to $30 million, or $0.24 per share in Q3/24 [3][11] Operational Highlights - The Engineered Systems (ES) backlog stood at $1.1 billion, providing strong visibility into future revenue [3][9] - Enerflex's U.S. contract compression business maintained a stable utilization rate of 94% across a fleet of approximately 470,000 horsepower [3][9] - The company successfully completed the Bisat-C Expansion in Oman, enhancing OQEP's upstream portfolio with a capacity of 447,000 barrels per day [3][9] Shareholder Returns - The Board of Directors increased the quarterly dividend by 13% to CAD$0.0425 per share, effective December 2025 [3][10] - Enerflex repurchased 777,000 common shares at an average price of CAD$12.98 during Q3/25 [3][10] - Total shareholder returns for the first three quarters of 2025 amounted to $35 million through dividends and share repurchases [3][10] Balance Sheet and Liquidity - Enerflex exited Q3/25 with net debt of $584 million, a reduction of $108 million compared to Q3/24 [3][10] - The bank-adjusted net debt-to-EBITDA ratio was approximately 1.2x at the end of Q3/25, down from 1.9x at the end of Q3/24 [3][12] - The company reported liquidity of $658 million at the end of Q3/25, supporting its financial flexibility [3][10] Strategic Outlook - Near-term priorities include enhancing profitability, leveraging core operating positions, and maximizing free cash flow [15][16] - The company anticipates continued strength in the Energy Infrastructure (EI) and After-Market Services (AMS) product lines, expected to account for approximately 65% of gross margin in 2025 [16][17] - Enerflex plans disciplined capital expenditures of approximately $120 million in 2025, focusing on maintenance and growth opportunities [19][22]

Core Insights - Energy infrastructure firm Sempra exceeded third-quarter profit estimates, primarily due to increased investments in its Texas utility operations [1] - The company is also taking steps to streamline operations and improve efficiency in its California units [1] Financial Performance - Sempra's third-quarter profits were driven by significant growth in its Texas utility investments [1] - The financial results indicate a positive trend in profitability, suggesting strong operational performance [1] Operational Developments - The company is focusing on operational streamlining in its California units, which may enhance overall efficiency and reduce costs [1] - These operational improvements are part of a broader strategy to optimize performance across its various business segments [1]

Leidos Q3 FY25 Earnings Conference Call NOVEMBER 4, 2025 FORWARD-LOOKING STATEMENTS Certain statements in this release contain or are based on "forward- looking" information within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by words such as "expects," "intends," "plans," "anticipates," "believes," "estimates," "guidance" and similar words or phrases. Forward-looking statements in this release include, among others, estimate ...

Core Insights - ONEOK, Inc. (NYSE:OKE) is recognized as one of the best high-yield energy stocks to invest in currently [1] - The company reported significant growth in its third-quarter financial results, with net income increasing by over 36% year-over-year [3] Financial Performance - ONEOK's revenue profits showed substantial growth in Q3, driven by robust volumes in the Rocky Mountain region and a series of acquisitions [3] - The company exceeded forecasts in both earnings and revenue for the quarter [3] Operational Expansion - ONEOK has expanded its operations significantly through acquisitions over the past two years, including the Gulf Coast NGL pipeline system from Easton Energy, Medallion Midstream, and EnLink Midstream [4] - The strategic acquisitions have contributed to the company's growth and operational capabilities [4]

Financial Data and Key Metrics Changes - Revenue grew 5% year over year, reflecting robust execution across the project portfolio and sustained momentum in the energy asset segment [14][15] - Adjusted EBITDA increased 13% from the prior year, driven by higher project margins and disciplined operating cost management [14][17] - Net income attributable to common shareholders was $18.5 million, with both GAAP and non-GAAP EPS at $0.35 [17] Business Line Data and Key Metrics Changes - Projects revenue grew 6%, supported by strong results from the European joint venture with CINEL [14] - Energy asset revenue also grew 6%, driven largely by the growth of the operating assets portfolio, with an additional 16 megawatts placed into operation during the quarter [15][17] - Recurring O&M revenue increased by 8% as the company continues to win more long-term O&M business [17] Market Data and Key Metrics Changes - Total project backlog increased to $5.1 billion, with a contracted project backlog up 33% to $2.5 billion [15] - The company secured $450 million in new project awards this quarter and converted $467 million of awards into signed contracts [15] - The energy asset side of the business is seeing significant growth, with firm generation assets and battery storage becoming a larger portion of the assets in development [7][10] Company Strategy and Development Direction - The company is focusing on energy infrastructure solutions, with significant demand from various sectors including data centers, industrials, and utilities [4][5] - Ameresco's business model allows for tailored financial solutions, providing a competitive advantage over traditional engineering and construction firms [5][6] - The company aims for long-term growth targets of 10% revenue and 20% adjusted EBITDA, supported by favorable industry dynamics [20] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining operations with minimal disruption despite anticipated federal government shutdowns [12] - The company does not expect a material impact on Q4 results from the government shutdown, reaffirming its guidance for 2025 [19] - Strong year-to-date performance and robust demand in energy infrastructure provide solid momentum as the year-end approaches [19] Other Important Information - The company closed the quarter with approximately $95 million in cash and $340 million in total corporate debt, maintaining a debt-to-EBITDA leverage ratio of 3.2 times [17][18] - The company secured approximately $180 million in new project financing commitments during the quarter [18] Q&A Session Summary Question: Opportunities in data centers - The company is focusing on energy infrastructure for data centers, similar to the Lemoore project, and expects to see more projects materialize [23][24] Question: Size of commitment for projects - The total opportunity for the Lemoore project could be as large as 350 megawatts, with details on CapEx figures not yet disclosed [25] Question: Impact of government shutdown on projects - The federal government represents only 20% of the business, so any delays in contract execution will not have a significant impact on overall revenue [39] Question: Engineering construction differences for data centers - The work for data centers is similar to federal projects, with larger opportunities and quicker needs, but no significant differences in project development [43][44] Question: Battery procurement and supply chain - The company is diversifying its supply chain for batteries and is optimistic about the cost of batteries coming down, which may create a natural hedge against potential tariffs [48][49]

MVP Pipeline Set to Deliver Strong Growth Over Next Three Years NOT FOR DISSEMINATION IN THE U.S. OR THROUGH U.S. NEWSWIRE SERVICES BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ CALGARY, Alberta, Nov. 03, 2025 (GLOBE NEWSWIRE) -- AltaGas Ltd. ("AltaGas" or the "Company") (TSX: ALA) today announced its decision to retain ownership in the Mountain Valley Pipeline (“MVP”) as a long-term investment. Concurrently, AltaGas has entered i ...

HOUSTON, Nov. 03, 2025 (GLOBE NEWSWIRE) -- Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) announced today a monthly distribution of $0.08 per share for November 2025. This distribution is payable to common stockholders on November 28, 2025 (as outlined in the table below). The Company declares distributions on a monthly basis, with its next distribution expected to be declared in early December. Payment of future distributions is subject to the approval of the Company’s Board of Directors, ...