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AGI Announces Third Quarter 2025 Results & Conference Call
Businesswire· 2026-01-09 00:33
WINNIPEG, Manitoba--(BUSINESS WIRE)--Ag Growth International Inc. (TSX: AFN) ("AGI†, the "Company†, "we†, or "our†) today announced its financial results for the three-month period ending September 30, 2025. Third Quarter 2025 Highlights Filing Delay Disclosures on the nature and background of our third quarter filing delay are available in our management's discussion and analysis for the three-and-nine-month periods ended September 30, 2025 which can be obtained electronically on SEDAR+ and on AGI' ...
Is Schlumberger (SLB) a Good Dividend Stock to Buy Now?
Yahoo Finance· 2025-09-24 02:07
Core Insights - Schlumberger Limited (NYSE:SLB) is recognized as one of the 15 best natural gas and oil dividend stocks to buy currently [1] - The company completed the acquisition of ChampionX Corporation, which contributed $850 million in revenue and $190 million in adjusted EBITDA, with expected annual pre-tax synergies of $400 million within three years [2] - Schlumberger announced a quarterly cash dividend of $0.285 per share, with an annual dividend yield of 3.32%, and plans to distribute $4 billion through dividends and share repurchases this year [3] Financial Performance - The acquisition of ChampionX is anticipated to enhance revenue growth and cost savings, projecting second-half 2025 revenue between $18.2 billion and $18.8 billion [2] - The company aims to return over 50% of its free cash flow to shareholders [3] Market Position - Schlumberger is the world's largest oilfield service company, deriving approximately 80% of its revenue from international and offshore markets, which positions it favorably despite North American drilling activity declines [3] - The company provides technology for reservoir characterization, drilling, production, and processing to the global energy industry [3]
AGI Announces Offering of $75 Million Senior Subordinated Unsecured Debentures; Reaffirms 2025 Outlook
Globenewswire· 2025-05-22 15:15
Group 1 - Ag Growth International Inc. (AGI) announced a financing plan to issue $75 million in senior subordinated unsecured debentures, with a potential total of $86.25 million if the over-allotment option is fully exercised [2][3] - The net proceeds from the offering will be used to repay existing indebtedness under the company's senior operating credit lines, allowing for redrawing for general corporate purposes [4] - The debentures will bear an interest rate of 7.50% per annum, payable semi-annually, and will mature on June 30, 2030 [6] Group 2 - The company reaffirmed its 2025 outlook, including an Adjusted EBITDA guidance of at least $225 million for the full year and $50-$55 million for the second quarter [10][11] - AGI's international commercial growth strategy will be supported by this financing, enhancing flexibility to respond to growth opportunities in key international regions [5][21] - The company maintains a focus on responsible debt management and does not expect changes to overall debt levels or leverage ratios as a result of this announcement [5][21] Group 3 - The debentures will not be redeemable before June 30, 2028, except in the event of a change of control [7] - On redemption or maturity, AGI may satisfy its obligation by issuing common shares instead of cash [8] - The company has manufacturing facilities in multiple countries and distributes its products globally, indicating a strong market presence [12]