SUGAR LAND, Texas, July 17, 2025 (GLOBE NEWSWIRE) -- CVR Energy, Inc. (NYSE: CVI) plans to release its second quarter 2025 earnings results on Wednesday, July 30, after the close of trading on the New York Stock Exchange. The Company also will host a teleconference call on Thursday, July 31, at 1 p.m. Eastern to discuss these results. This call, which will contain forward-looking information, will be webcast live and can be accessed on the Investor Relations section of CVR Energy’s website at www.CVREnergy. ...

July 3, 2025 09:30 PM GMT Clean Tech | North America Reconciliation Bill Has Passed Congress - What Does It Mean? This afternoon the House passed the reconciliation bill with no changes to the Senate's version. The bill now goes to the President for signature. This removes a major overhang for the industry and final provisions are supportive for most subsectors. Today the House passed the reconciliation bill. There were no changes made to the final Senate bill that had passed Tuesday night. The legislation ...

Devon Energy Corporation (NYSE:DVN) J.P. Morgan 2025 Energy, Power, Renewables & Mining Conference June 24, 2025 10:20 AM ET Company Participants Clay Gaspar - President, CEO & Director Conference Call Participants Arun Jayaram - JPMorgan Chase & Co, Research Division Arun Jayaram Yes, we're going to keep things moving. Thanks again for joining us for this year's conference. Delighted to have our next presenter, Devon Energy's President and CEO, Clay Gaspar, joining us today. As many of you know, Devon is a ...

Investment Rating - The report maintains a "Sell" rating for Acciona Energia with a price target of €18 [1][18][37] Core Views - Consensus earnings estimates for Acciona Energia are considered overly optimistic, particularly regarding the impact of targeted disposals on future profits [1][18] - The company is expected to end 2025 with a smaller installed capacity than in 2024, leading to a year-on-year decline in underlying EBITDA for 2025 and 2026 [1][3][18] - The report forecasts net income for 2025-26 to be approximately 20%-40% below Bloomberg consensus estimates, indicating significant downside risk [4][26][27] Summary by Sections Installed Capacity and Growth - Acciona Energia plans to add 600 MW of capacity organically by 2025, but the announced disposal of 600 MW of domestic hydro assets implies no net growth in installed capacity [2][19] - Incremental divestments of €1.5-1.7 billion are expected, suggesting a minimum reduction of 1 GW in operational assets [2][19] EBITDA and Financial Performance - A decline in underlying EBITDA is anticipated for both 2025 and 2026 due to a shrinking installed base and lower power prices [3][22] - The report projects EBITDA for 2025 at €998 million and for 2026 at €961 million, contrasting with Bloomberg's consensus forecast of a 5%-10% increase in 2026 [3][24] Net Income Forecasts - The report estimates net income for 2025-26 to be around €135-145 million, significantly lower than the consensus estimate of €180-220 million [4][26][27] - This discrepancy suggests a potential for negative EPS revisions, which could further impact the share price [4][26] Valuation and Price Target - The price target of €18 is based on a sum-of-the-parts (SOTP) valuation, with 50% derived from the 2025E SOTP of €19.2/share and 50% from existing asset valuation [37][38] - The report indicates a 2.7% downside from the current price, compared to an average upside of 17% for peers [37][38]

Financial Performance - Q1 2025 - Sales and Merchandising Revenues reached $2,659 million, slightly down from $2,718 million in YTD '24[14] - Gross Profit increased to $153 million compared to $128 million in YTD '24[14] - Pretax Income decreased to $3 million from $14 million in YTD '24[14] - Adjusted EPS was $0.12, compared to $0.16 in YTD '24[14] - Adjusted EBITDA increased to $57 million from $51 million in YTD '24[14] Agribusiness - Q1 2025 - Agribusiness revenues were $1,993 million, down from $2,061 million in YTD '24[21] - Agribusiness gross profit increased to $119 million from $100 million in YTD '24[21] - Agribusiness reported a Pretax loss of $10 million, compared to a $3 million profit in YTD '24[21] - Agribusiness Adjusted EBITDA was $31 million, compared to $29 million in YTD '24[21] Renewables - Q1 2025 - Renewables revenues increased to $666 million from $657 million in YTD '24[27] - Renewables gross profit increased to $34 million from $29 million in YTD '24[27] - Renewables Pretax income increased to $25 million from $24 million in YTD '24[27] - Renewables Adjusted EBITDA was $37 million, compared to $34 million in YTD '24[27] Cash and Debt - Cash from Operations Before Working Capital Changes was $57 million in Q1'25, compared to $48 million in Q1'24[16, 45] - Short-term Debt was $223 million as of 3/31/2025[16] - Long-term Debt was $651 million as of 3/31/2025[18] - Capital Spending for Q1'25 was $47 million[18]

Q1 2025 Earnings Presentation Icahn Enterprises L.P. May 7, 2025 1 Safe Harbor Statement Forward-Looking Statements and Non-GAAP Financial Measures The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements we make in this presentation, including statements regarding our future performance and plans for our businesses and potential acquisitions. Forward-looking statements may be identified by words such as "believes," "expects," "potential," "continues," "ma ...

1 May 2025 | 10:37PM HKT China Export Tracker Number 2: What corporates are telling us (week of Apr 28, 2025) The China Export Tracker is a research product series put together by the GS China team, focusing on the changing dynamics of China exports to the US, amid the intensified uncertainty around export activity due to the US-China tariff escalation. In this tracker, we present our proprietary work across 48 corporates, with products representing nearly 70% of China export value by product group to the U ...

Industry Overview - The Materials Sector on Wall Street faced a challenging 2024, becoming one of the worst-performing sectors in the S&P 500 with a decline of 1.5% due to global economic concerns, particularly a slowdown in China and insufficient interest rate reductions [1] - Demand for materials such as steel, copper, and chemicals has been dampened, adversely impacting companies across the sector [1] Economic Factors - Global central banks, including the Fed, have initiated interest rate cuts after a period of tightening, which can lower borrowing costs for materials companies and stimulate demand in construction and manufacturing [2] - China has introduced economic stimulus packages aimed at revitalizing its economy, which could lead to increased demand for materials due to its significant role as a global importer [2] Sector-Specific Opportunities - Copper producers may benefit from short-term economic rebounds and long-term supply-demand imbalances, especially as copper is essential in electric vehicles and renewable energy infrastructure [3] - The imposition of a 25% tariff on all steel and aluminum imports by the U.S. is expected to boost domestic production by reducing foreign competition [3] Geopolitical Dynamics - Tariffs have intensified the geopolitical race for rare earths and critical minerals, with China's export restrictions on materials like terbium and dysprosium disrupting supply chains in industries such as electric vehicles and defense [4] - The U.S. is accelerating efforts to boost domestic production, including initiatives to streamline mining permits and develop processing capabilities [4] Future Outlook - Despite the challenges faced in 2024, the outlook for the Materials sector in 2025 appears more promising due to economic stimulus measures, lower interest rates, and sector-specific growth areas [5] - Investors may find opportunities in companies strategically positioned to benefit from these macroeconomic and industry-specific trends [5] Company Highlights - Steel Dynamics, Inc. (STLD) has an expected earnings growth rate of 3% for the current year, with a Zacks Consensus Estimate improvement of 17.7% over the past 60 days, holding a Zacks Rank 2 and a VGM Score of B [7] - The Andersons, Inc. (ANDE) is expected to have a 22.8% earnings growth rate for the next year, with a 4.5% improvement in the current-year earnings estimate, holding a Zacks Rank 1 and a VGM Score of B [8] - Intrepid Potash, Inc. (IPI) has an expected earnings growth rate of 46.7% for the current year, with a significant 64.4% improvement in the current-year earnings estimate, holding a Zacks Rank 2 and a VGM Score of B [9]

Asia utilities and energy Equities Looking for shelters Asia Finding comfort: Asian utility and energy names under our coverage are relatively less impacted by this wave of US tariffs, with the exception of solar equipment (see Asia Solar: US reciprocal tariffs announced, 4 Apr 2025). Hong Kong utilities should continue to demonstrate absolute defensiveness against risks in trades, while FX exposures are mainly translational with their dividend stories remaining in strength and key to relative outperformanc ...