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What to Know About a New $9 Million Bet on an Energy Distributor Stock
The Motley Fool· 2026-02-06 10:28
This energy sector distributor delivers maintenance, repair, and supply chain solutions to industrial clients across a global network.On February 5, Tejara Capital Ltd disclosed a new position in DNOW (DNOW +1.43%), acquiring 685,617 shares worth an estimated $9.08 million based on quarterly average pricing.What happenedAccording to a recent SEC filing dated February 5, Tejara Capital Ltd established a new position in DNOW, purchasing 685,617 shares during the fourth quarter. The quarter-end value of the po ...
World Kinect Corporation (WKC): A Bull Case Theory
Yahoo Finance· 2026-02-06 00:17
We came across a bullish thesis on World Kinect Corporation on Value Degen’s Substack by Unemployed Value Degen. In this article, we will summarize the bulls’ thesis on WKC. World Kinect Corporation's share was trading at $26.95 as of February 3rd. WKC’s trailing P/E was 90.42 according to Yahoo Finance. Baker Hughes (BKR) Rallies 11.6% on 5th Day on Impressive Earnings Photo by Robin Sommer on Unsplash World Kinect Corp (WKC) is an energy distribution company generating over $37 billion in trailing twe ...
UGI Reports First Quarter Results
Businesswire· 2026-02-04 21:45
VALLEY FORGE, Pa.--(BUSINESS WIRE)--UGI Corporation (NYSE: UGI) today reported financial results for the fiscal quarter ended December 31, 2025. HIGHLIGHTS Bob Flexon, President and Chief Executive Officer, said, "UGI had a solid start to fiscal 2026, delivering 5% growth in total reportable segment EBIT in line with our expectation. Our natural gas businesses produced strong results, driven by strong gas demand and the impact of the gas base rate case at our Pennsylvania utility. Across our Global LPG busi ...
UGI Divests LPG Distribution Business in Europe
Yahoo Finance· 2026-01-29 15:43
UGI Corporation (NYSE:UGI) is included among the 10 High Yield Utility Stocks to Buy in 2026. UGI Divests LPG Distribution Business in Europe UGI Corporation (NYSE:UGI) is an international distributor and marketer of energy products and services, including natural gas, LPG, electricity, and renewable solutions, with well-developed infrastructure in key markets. UGI Corporation (NYSE:UGI) announced on January 15 that it has reached a definitive agreement to sell its LPG distribution business in the Cz ...
Superior Plus Announces Timing of 2025 Fourth Quarter & Year-End Results Conference Call and Webcast
Businesswire· 2026-01-16 20:15
Company Overview - Superior Plus Corp. is a leading North American distributor of propane, compressed natural gas (CNG), renewable energy, and related products and services, servicing approximately 750,000 customer locations in the U.S. and Canada [2] - The company focuses on propane distribution and the distribution of CNG, renewable natural gas (RNG), and hydrogen, delivering low carbon fuels to various sectors including residential, commercial, utility, agricultural, and industrial customers not connected to a pipeline [2] - By displacing more carbon-intensive fuels, Superior Plus is positioned as a leader in the energy transition, helping customers lower operating costs and improve environmental performance [2] Low Carbon Fuels - Superior Plus defines 'low carbon' and 'lower carbon' fuels as those with a lower carbon intensity than fossil fuels that can be utilized in the same applications, such as diesel and gasoline [3]
Rexel: biannual sharebuyback program at December 31, 2025
Globenewswire· 2026-01-08 17:00
BIANNUAL UPDATE OF THE LIQUIDITY AGREEMENT BETWEEN REXEL AND NATIXIS-ODDO BHF (2025/12/31) Under the terms of the liquidity and market monitoring agreement concluded with NATIXIS ODDO BHF and covering Rexel shares, on December 31, 2025 the following resources were included in the liquidity account: - 145,920 REXEL shares - € 18,308,308.04 It is reminded that at the date of implementation of the agreement, the liquidity account contained the following resources: - 626,370 REXEL shares - € 8,211,228.57 ...
UGI Corporation to Hold Fiscal 2026 First Quarter Earnings Conference Call on Thursday, February 5
Businesswire· 2026-01-06 21:30
Group 1 - UGI Corporation will announce its Fiscal 2026 first quarter results after the market closes on February 4, 2026 [1] - A live audio webcast of the conference call to discuss these results will be held at 9:00 AM ET on February 5, 2026 [1] - Interested parties can access the webcast live and in replay through the company's investor relations website [1] Group 2 - UGI Corporation is a distributor and marketer of energy products and services in the U.S. and Europe [2] - The company provides a range of energy solutions including natural gas transmission and distribution, electric generation and distribution, midstream services, propane distribution, and renewable natural gas generation [2] - UGI focuses on delivering safe, reliable, affordable, and sustainable energy solutions to its customers [2]
Suburban Propane Partners, L.P. Announces Completion of $350,000,000 Issuance of 6.500% Senior Notes due 2035
Prnewswire· 2025-12-22 21:00
Core Viewpoint - Suburban Propane Partners, L.P. has successfully completed a $350 million offering of 6.500% Senior Notes due 2035, aimed at refinancing existing debt and enhancing financial flexibility [1][2]. Group 1: Financial Details - The net proceeds from the offering, after estimated expenses, amounted to approximately $344.3 million, which will be utilized to redeem all of the Issuers' 5.875% senior notes due 2027 and cover related fees [2]. - A conditional notice of redemption for the 2027 Senior Notes was sent on December 8, 2025, with the redemption scheduled for January 7, 2026 [2]. Group 2: Company Overview - Suburban Propane is a publicly traded master limited partnership listed on the NYSE, headquartered in Whippany, New Jersey, and has been in operation since 1928 [4]. - The company distributes propane, renewable propane, renewable natural gas, fuel oil, and related products, serving approximately 1 million customers across 42 states through around 750 locations [4]. Group 3: Company Values and Initiatives - Suburban Propane is built on three core pillars: a commitment to excellence in customer service, dedication to community support, and promotion of low-carbon energy solutions [5].
Rexel: Denial of rumors regarding Rexel acquisition
Globenewswire· 2025-12-17 12:58
Core Viewpoint - The company, Rexel, denies rumors regarding an acquisition and clarifies that it is not in negotiations with potential buyers, emphasizing its focus on executing its strategy and creating value for stakeholders [2]. Company Overview - Rexel is a global expert in multichannel professional distribution of products and services for the energy sector, addressing residential, non-residential, and industrial markets [3]. - The company operates over 1,875 branches across 17 countries and employs more than 26,550 people [3]. - Rexel reported sales of €19.3 billion in 2024 [3]. Market Position - Rexel is listed on the Eurolist market of Euronext Paris under the ticker RXL and is included in various indices such as MSCI World, CAC Next 20, and STOXX600 [4]. - The company is recognized for its Corporate Social Responsibility (CSR) performance, being part of several sustainability indices including FTSE4Good and Dow Jones Sustainability Index Europe [4].
Suburban Propane Partners, L.P. Announces Pricing of Private Offering of Senior Notes
Prnewswire· 2025-12-08 22:14
Core Viewpoint - Suburban Propane Partners, L.P. has announced the pricing of a $350 million offering of 6.500% senior notes due 2035, which will close on December 22, 2025, subject to customary conditions [1][2]. Group 1: Offering Details - The 2035 Senior Notes will have an interest rate of 6.500% per year, maturing on December 15, 2035, with interest payable semi-annually starting June 15, 2026 [2]. - Suburban Propane may redeem up to 35% of the 2035 Senior Notes before December 15, 2028, at a redemption price of 106.500% of their principal amount plus accrued interest [2]. - The offering is targeted at qualified institutional buyers in the U.S. and other non-U.S. persons, complying with specific regulations under the Securities Act [4]. Group 2: Use of Proceeds - The net proceeds from the offering will be used, along with borrowings from a revolving credit facility, to redeem all outstanding $350 million of the Issuers' 5.875% senior notes due 2027 [3]. Group 3: Company Overview - Suburban Propane is a publicly traded master limited partnership, headquartered in Whippany, New Jersey, and has been in the customer service business since 1928, serving approximately 1 million customers across 42 states [6]. - The company distributes propane, renewable propane, renewable natural gas, fuel oil, and related products, and is also involved in marketing natural gas and electricity [6]. - Suburban Propane emphasizes its commitment to safety, community service, and low-carbon energy solutions through its core pillars: Commitment to Excellence, SuburbanCares, and Go Green with Suburban Propane [7].