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Joule, Caterpillar, and Wheeler Announce an Agreement to Power America's Growing Data Center Energy Needs
Prnewswireยท 2025-08-07 12:53
Group 1: Project Overview - The initiative aims to provide four gigawatts of energy to the Intermountain West, featuring advanced power and cooling solutions with a liquid cooling architecture [1] - The project includes 1.1 gigawatt hours of battery energy storage and diverse backup power generation sources, enhancing its reliability [1] - The collaboration between Joule, Caterpillar, and Wheeler focuses on delivering gigawatt-scale capacity efficiently to meet the growing demand for compute power [3] Group 2: Company Profiles - Joule Capital Partners is developing a super-compute-ready campus in Central Utah, designed for AI workloads, set to launch with gigawatt capacity in 2026 [4] - Caterpillar Inc. reported sales and revenues of $64.8 billion in 2024, positioning itself as a leading manufacturer in construction and mining equipment, and is committed to sustainability [5] - Wheeler Machinery Co. has been serving Utah since 1951, specializing in Cat power systems and has extensive experience in power plant construction [6][7]
Caterpillar Reports Second-Quarter 2025 Results
Prnewswireยท 2025-08-05 10:30
Second-quarter 2025 profit per share of $4.62; adjusted profit per share of $4.72 Enterprise operating cash flow was $3.1 billion in the second quarter of 2025 Deployed $1.5 billion of cash for share repurchases and dividends in the second quarter Second Quarter ($ in billions except profit per share) 2025 2024 Sales and Revenues $16.6 $16.7 Profit Per Share $4.62 $5.48 Adjusted Profit Per Share $4.72 $5.99 Please see a reconciliation of GAAP to non-GAAP financial m ...
Caterpillar: Real Multi-Trillion Robotic Opportunity
Seeking Alphaยท 2025-07-28 12:24
Analyst's Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in CAT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking A ...
Caterpillar Inc. to Announce Second-Quarter 2025 Financial Results Aug. 5
Prnewswireยท 2025-07-22 13:05
Core Viewpoint - Caterpillar Inc. is set to release its second-quarter 2025 financial results on August 5, 2025, at 5:30 a.m. CDT, with the full text available on its investor website and through PR Newswire [1]. Group 1: Financial Results Announcement - The financial results will be furnished to the U.S. Securities and Exchange Commission (SEC) via a Current Report on Form 8-K [1]. - A teleconference and webcast for discussing the quarterly results will begin at 7:30 a.m. CDT on the same day [2]. - Supporting materials for the webcast will be available prior to the event on the investor website [2]. Group 2: Access Information - The conference call can be accessed via telephone with a specific conference ID, and both domestic and international dial-in numbers are provided [3]. - For those unable to attend the live event, a replay will be available shortly after the broadcast on the investor website, but no telephone replay will be offered [4]. Group 3: Company Overview - Caterpillar Inc. reported sales and revenues of $64.8 billion in 2024, positioning itself as the leading manufacturer in construction and mining equipment, as well as other industrial products [5]. - The company operates through three primary segments: Construction Industries, Resource Industries, and Energy & Transportation, along with a Financial Products segment [5]. - Caterpillar is committed to sustainability and reducing carbon emissions, contributing to a more sustainable future [5].
2 American Companies to Buy and Never Sell
The Motley Foolยท 2025-07-04 09:00
Group 1: America First Strategy - President Trump's "America First" policy emphasizes prioritizing national interests, boosting domestic manufacturing, and protecting key industries from unfair trade practices and foreign competition [1] - Trump's tariffs and trade actions are integral to the America First strategy, renewing investor interest in long-established American companies [2] Group 2: NextEra Energy - NextEra Energy, known as "America's energy company," owns Florida Power & Light Company, serving over 6 million customers [4] - The company generates over 50% of its electricity from renewables, 36% from natural gas, and 8% from nuclear energy, positioning it well for the anticipated rise in renewable energy [5] - NextEra Energy has a renewables and energy storage backlog of over 27 gigawatts (GW) and plans to develop up to 46.5 GW of new capacity by 2027 [8] - The company plans to invest nearly $120 billion in energy infrastructure over the next four years, aiming for a 10% annual dividend growth through at least 2026 [9] Group 3: Caterpillar - Caterpillar is a leading manufacturer of construction and mining equipment, recognized globally for its yellow machinery [10] - Despite being a cyclical stock, Caterpillar has significantly outperformed the S&P 500 over the years, especially with reinvested dividends, and has increased its dividend for 31 consecutive years [11][14] - The company generated nearly $65 billion in sales in 2024 and returned almost $40 billion of free cash flows to shareholders since 2019 through dividends and share buybacks [14] - Caterpillar's diverse end markets, extensive dealership network across 190 countries, and strong capital allocation have contributed to its resilience amid tariff uncertainties [13][15]
Caterpillar Inc. to Host 2025 Investor Day Nov. 4
Prnewswireยท 2025-06-23 13:05
Core Insights - Caterpillar Inc. will host its 2025 Investor Day on November 4, 2025, in the Dallas area, where CEO Joe Creed and the executive leadership team will discuss strategic priorities and growth opportunities for the next century [1] Company Overview - Caterpillar Inc. reported sales and revenues of $64.8 billion for 2024, making it the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives [3] - The company operates on every continent through three primary segments: Construction Industries, Resource Industries, and Energy & Transportation, while also providing financing and related services through its Financial Products segment [3] - Caterpillar is committed to contributing to a reduced-carbon future and has been helping customers build a more sustainable world for 100 years [3]
Caterpillar Inc. Increases Dividend
Prnewswireยท 2025-06-11 14:19
Group 1 - Caterpillar Inc. has increased its quarterly dividend by $0.10, representing a 7% increase, bringing the total to $1.51 per share, payable on August 20 to shareholders of record as of July 21 [1] - The company aims to return substantially all Machinery, Energy & Transportation (ME&T) free cash flow to shareholders over time through dividends and share repurchases [1] - Caterpillar has a strong history of dividend payments, having paid cash dividends every year since its formation and higher annual dividends for 31 consecutive years, making it a member of the S&P 500 Dividend Aristocrats Index [2] Group 2 - In 2024, Caterpillar reported sales and revenues of $64.8 billion, solidifying its position as the world's leading manufacturer of construction and mining equipment, as well as other industrial products [3] - The company operates through three primary segments: Construction Industries, Resource Industries, and Energy & Transportation, and also provides financing and related services through its Financial Products segment [3] - Caterpillar is committed to contributing to a reduced-carbon future and has been helping customers build a more sustainable world for 100 years [3]
CAT FOOTWEAR HONORS 100 YEARS OF CATERPILLAR INC. WITH EXCLUSIVE LIMITED-EDITION BOOT COLLECTION
Prnewswireยท 2025-06-02 17:00
Core Insights - Cat Footwear, a division of Wolverine World Wide, Inc., is celebrating Caterpillar Inc.'s 100th anniversary by launching a limited-edition boot collection that honors significant achievements in engineering [1][2] - The collection includes three boots, each representing a monumental feat: the Golden Gate Bridge, the Apollo 11 Moon Landing, and the Channel Tunnel System [1][2][6] Company Overview - Cat Footwear is the official footwear licensee of Caterpillar and has been expanding the Cat brand globally since 1994, now offering products in nearly 140 countries [4] - The brand is known for its rugged and durable footwear, paralleling the strength of Caterpillar's machinery [4] Caterpillar Inc. Overview - Caterpillar Inc. reported sales and revenues of $64.8 billion in 2024, making it the leading manufacturer in construction and mining equipment, as well as engines and turbines [5] - The company operates across three primary segments: Construction Industries, Resource Industries, and Energy & Transportation, while also providing financing through its Financial Products segment [5] Product Features - The Golden Gate Bridge Boot features a structural cage and cable system design, with gold hardware [6] - The Apollo 11 Boot is lightweight with a stacked sole, inspired by lunar exploration gear [6] - The Channel Tunnel Boot includes a functioning headlight and sole lights, mimicking trains in a tunnel [6]
Caterpillar Inc. Releases 2024 Annual, Sustainability Reports Highlighting Customer-Focused and Sustainability Strategies
Prnewswireยท 2025-05-13 13:05
IRVING, Texas, May 13, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced the release of its 2024 Annual and Sustainability Reports, showcasing the company's notable strides advancing the business across all segments. The 2024 reports underscore Caterpillar's commitment to building a better, more sustainable world, and highlight the collective efforts of global Caterpillar employees in meeting customer needs and achieving the company's goals. New to the 2024 Sustainability Report The 2024 Sus ...
Caterpillar Reports First-Quarter 2025 Results
Prnewswireยท 2025-04-30 10:30
Core Insights - Caterpillar Inc. reported a 10% decrease in sales and revenues for the first quarter of 2025, totaling $14.2 billion compared to $15.8 billion in the same period of 2024, primarily due to lower sales volume and unfavorable price realization [2][8][12] - The company's profit per share also declined, with reported figures of $4.20 for Q1 2025 compared to $5.75 in Q1 2024 [3][12] Financial Performance - Sales and revenues for Q1 2025 were $14.249 billion, a decrease of $1.550 billion, or 10%, from $15.799 billion in Q1 2024, driven by lower sales volume of $1.1 billion and unfavorable price realization of $250 million [8][12] - Operating profit margin fell to 18.1% in Q1 2025 from 22.3% in Q1 2024, while adjusted operating profit margin was 18.3% compared to 22.2% [3][12] - The enterprise operating cash flow for Q1 2025 was $1.3 billion, with the company ending the quarter with $3.6 billion in cash [4][12] Segment Analysis - Construction Industries reported total sales of $5.184 billion in Q1 2025, a decrease of $1.240 billion, or 19%, compared to $6.424 billion in Q1 2024, primarily due to lower sales volume and unfavorable price realization [20][23] - Resource Industries saw total sales of $2.884 billion, down 10% from $3.193 billion, attributed to lower sales volume and unfavorable currency impacts [24][25] - Energy & Transportation's total sales were $6.568 billion, a slight decrease of 2% from $6.681 billion, with an increase in segment profit to $1.314 billion [26][29] Geographic Performance - Sales in North America decreased by 24% in the Construction Industries segment, while Latin America and EAME also experienced declines due to unfavorable currency impacts and lower sales volume [11][27] - In Asia/Pacific, sales decreased due to lower sales volume and unfavorable price realization, primarily related to the Japanese yen [11][27] Shareholder Returns - The company deployed $3.7 billion for share repurchases and $0.7 billion for dividends in Q1 2025, totaling over $4 billion returned to shareholders [4][5][12] - The strong balance sheet facilitated these shareholder returns despite the decline in sales and profits [5]