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Northstar Calgary Facility Produces First Liquid Asphalt - Releases Construction & Commissioning Video #6
Prnewswire· 2025-07-10 11:00
CALGARY AB, July 10, 2025 /PRNewswire/ - Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is extremely pleased to announce that its inaugural asphalt shingle reprocessing facility in Calgary, Alberta (the "Empower Calgary Facility" or the "Facility") has produced its first liquid asphalt. All the major processing units at the Facility have now been commissioned, demonstrating an important derisking of the Company's technology and intellectual property. Details of ...
Martin Marietta Appoints Michael J. Petro as Chief Financial Officer
Globenewswire· 2025-07-08 11:30
Core Viewpoint - Martin Marietta Materials, Inc. has appointed Michael J. Petro as Senior Vice President and Chief Financial Officer, effective immediately, succeeding Robert J. Cardin who served as interim CFO since April 2025 [1][3] Group 1: Leadership Transition - Michael J. Petro has been with Martin Marietta since 2015, previously serving as Senior Vice President of Strategy and Development, and has extensive financial leadership experience [2][4] - Robert J. Cardin will continue as Senior Vice President, Controller, and Chief Accounting Officer after his interim role [1][3] Group 2: Contributions and Experience - Mr. Petro has played a significant role in the company's strategic growth initiatives, including successful acquisitions that expanded Martin Marietta's geographic footprint and improved its product mix [2] - His previous experience includes roles in investment banking and consulting, providing him with a strong foundation in capital markets and financial analysis [2][4] Group 3: Company Overview - Martin Marietta is a leading supplier of building materials, including aggregates, cement, ready-mixed concrete, and asphalt, operating across 28 states, Canada, and The Bahamas [5] - The company is a member of the S&P 500 Index and has a Magnesia Specialties business that produces high-purity magnesia and dolomitic lime products for various applications [5]
Astec Completes Acquisition of TerraSource Holdings, LLC
Globenewswire· 2025-07-01 13:00
Core Insights - Astec Industries, Inc. has completed the acquisition of TerraSource Holding, LLC, which is expected to enhance gross profit margins, adjusted EBITDA margins, and earnings per share due to the significant contribution of aftermarket parts and services to TerraSource's revenue [1][6] - The acquisition aligns with Astec's disciplined growth strategy and is anticipated to be accretive from day one, improving the quality of earnings [2][6] - The deal is valued at $245 million in cash, with a net purchase price of $230 million after accounting for anticipated tax benefits [6] Company Overview - Astec is a manufacturer specializing in equipment for asphalt road building, aggregate processing, and concrete production, divided into two main segments: Infrastructure Solutions and Materials Solutions [3] - TerraSource provides industry-leading equipment for various applications, including crushers and waste management solutions, with a legacy of over 100 years [4] Financial Expectations - The acquisition is expected to generate annual run-rate synergies of approximately $10 million by the end of year two [6] - Astec anticipates a proforma net leverage ratio of around 2.0x net debt to adjusted EBITDA for 2025 [6]
Argo Initiates First Graphene Purchase Order
Globenewswire· 2025-07-01 13:00
Core Insights - Argo Living Soils Corp. is finalizing its first supply order of 1000 liters of high-grade Graphene oxide liquid, which will be used as a concrete additive, establishing a partnership with an international supplier [1][2][4] - The Graphene oxide liquid is produced from 99% pure vein graphite and complies with U.S. import regulations and EPA standards, ensuring its suitability for advanced construction applications [2][3] - The agreement is seen as a transformative milestone for Argo, enhancing its ability to deliver eco-friendly construction materials in North America and aiming for EU certification for future sales [4][5] Company Developments - The company has engaged King Tide Media LLC for a one-month marketing service agreement, budgeting up to $60,000 for digital marketing and content creation [6] - Argo has extended its agreement with MarketSmart Communications Inc. for investor relations services for an additional three months, with a monthly fee of CDN $5,000 [7] - Argo Living Soils Corp. focuses on developing sustainable, high-performance solutions for the construction and agricultural industries through innovative technologies [8]
MDU Resources (MDU) - 2018 Q4 - Earnings Call Presentation
2025-07-01 11:15
Financial Performance - 2018 - Earnings from continuing operations reached $284.2 million, with EPS at $1.45, including a $39.5 million or $0.20 per share benefit from tax reform[16] - Consolidated operations earnings were $280.4 million, with EPS at $1.43, including a $39.5 million benefit from tax reform[19] - The Electric & Natural Gas Utility reported earnings of $84.7 million, which includes a $6.4 million decrease resulting from tax reform[22, 23] - Pipeline & Midstream reported earnings of $28.5 million, including a $4.2 million tax benefit[25, 26] - Construction Services reported record earnings of $64.3 million and record revenues of $1.37 billion[28, 29] - Construction Materials reported earnings of $92.6 million and record revenues of $1.93 billion[31, 33] Outlook and Guidance - 2019 - The company anticipates EPS in the range of $1.35 to $1.55 for the consolidated business[51] - Construction Services expects revenue between $1.35 billion and $1.50 billion in 2019[47] - Construction Materials projects revenue between $2.0 billion and $2.15 billion in 2019[50] Capital Program and Dividends - The company has a total capital forecast of $2.642 billion for 2019-2023[53] - The 2018 annualized dividend was $0.81 per share[57]
Delek US(DK) - 2017 Q4 - Earnings Call Presentation
2025-06-26 13:13
Delek US Holdings, Inc. Investor Presentation March 2018 Disclaimers Forward Looking Statements: Delek US Holdings, Inc. ("Delek US") and Delek Logistics Partners, LP ("Delek Logistics"; collectively with Delek US, defined as "we", "our") are traded on the New York Stock Exchange in the United States under the symbols "DK" and "DKL", respectively, and, as such, are governed by the rules and regulations of the United States Securities and Exchange Commission. These slides and any accompanying oral and writte ...
原油系全线上涨 原油主力涨逾5%
Jin Tou Wang· 2025-06-16 04:57
燃料油期货仓单24750吨,环比上个交易日持平; 石油沥青厂库期货仓单39350吨,环比上个交易日增加3000吨; 6月16日,国内期市原油系全线上涨,原油主力涨逾5%。具体来看,截止目前,原油主力上涨5.68%, 报542.90元/桶;燃料油主力上涨3.09%,报3267.00元/吨;低硫燃料油主力上涨1.02%,报3864.00元/ 吨;液化石油气主力上涨3.35%,报4418.00元/吨。 6月16日原油系期货价格行情 | 合约名称 | 开盘价 | 昨收价 | 昨结价 | | --- | --- | --- | --- | | SC原油 | 539.40 | 529.90 | 513.70 | | 燃料油 | 3252.00 | 3205.00 | 3169.00 | | 沥青 | 3650.00 | 3628.00 | 3639.00 | | 液化石油气 | 4366.00 | 4342.00 | 4275.00 | | 低硫燃料油 | 3874.00 | 3829.00 | 3825.00 | 6月13日,商品仓单数据显示: 中质含硫原油期货仓单4029000桶,环比上个交易日持平; 液化石油气期货 ...
原油系板块全线上行 原油主力涨近9%
Jin Tou Wang· 2025-06-13 04:01
6月13日,国内期市原油系板块全线上行,原油主力涨近9%。具体来看,截止目前,原油主力上涨 8.98%,报535.20元/桶;燃料油主力上涨8.15%,报3225.00元/吨;低硫燃料油主力上涨6.24%,报 3867.00元/吨;液化石油气主力上涨5.11%,报4360.00元/吨。 6月13日原油系期货价格行情 石油沥青厂库期货仓单36350吨,环比上个交易日持平; 液化石油气期货仓单9010手,环比上个交易日减少125手; 低硫燃料油仓库期货仓单0吨,环比上个交易日持平; 截止北京时间6月12日,据基差数据显示:燃料油、沥青、液化石油气、低硫燃料油品种合约出现'期现 倒挂'(现货价格高于期货价格)现象。 商品名称 现货价格 合约 价格 基差 基差率 燃料油 5287.5 2509 2982 2305 43.59% 沥青 3620 2509 3508 112 3.09% 液化石油气 4797.5 2508 4033 764 15.92% 低硫燃料油 3689 2508 3645 44 1.18% 备注:基差=现货价格-期货价格。 | 合约名称 | 开盘价 | 昨收价 | 昨结价 | | --- | --- ...
Sky Quarry Applies for Recycling Permit to Launch Integrated Energy Facility in Utah
Globenewswire· 2025-06-12 12:45
Core Insights - Sky Quarry Inc. has filed a Waste Management Recycling Permit application to operate a combined oil sands extraction and waste asphalt shingle recycling facility in Utah, which aims to unlock new commercial pathways and expand revenue-generating operations [1][4] Group 1: Permit Application and Operational Initiatives - The permit application includes a request for a combined permit structure from the School and Institutional Trust Lands Administration (SITLA), allowing consolidation of shingle processing, heavy oil extraction, and asphaltic sand production [2] - If approved, the facility is projected to recover approximately 10 million barrels over a 15-year period, based on an operating capacity of 2,000 barrels per day [3] Group 2: Strategic Vision and Environmental Impact - The permit application is a critical step in scaling the company's waste-to-energy platform, creating multiple revenue streams from a single operational footprint [4] - The initiative aligns with Utah's economic and environmental priorities, contributing to improved waste management and resource efficiency [4][5] Group 3: Financial and Operational Benefits - The company anticipates early-stage cash flow from asphaltic sand and oil sales, which will strengthen its ESG and sustainability profile [8] - The deployment of the ECOSolv process is expected to support on-site heavy oil extraction and advance recycled product development through R&D [7]
原油系板块集体飘红 原油、燃料油涨近3%
Jin Tou Wang· 2025-06-12 04:26
Core Viewpoint - The domestic futures market for crude oil and related products experienced a significant increase on June 12, with crude oil and fuel oil prices rising nearly 3% [1] Group 1: Price Movements - As of June 12, the main crude oil futures rose by 2.99% to 495.60 CNY per barrel [1] - Fuel oil futures increased by 2.85% to 3000.00 CNY per ton [1] - Low sulfur fuel oil futures rose by 2.27% to 3647.00 CNY per ton [1] - Asphalt futures saw a rise of 1.35% to 3523.00 CNY per ton [1] Group 2: Futures Price Data - The opening price for SC crude oil was 486.60 CNY, with a previous close of 478.10 CNY and a last settlement price of 481.20 CNY [2] - Fuel oil opened at 2952.00 CNY, with a previous close of 2912.00 CNY and a last settlement price of 2917.00 CNY [2] - Asphalt opened at 3493.00 CNY, with a previous close of 3461.00 CNY and a last settlement price of 3476.00 CNY [2] - Liquefied petroleum gas opened at 4154.00 CNY, with a previous close of 4130.00 CNY and a last settlement price of 4119.00 CNY [2] - Low sulfur fuel oil opened at 3617.00 CNY, with a previous close of 3563.00 CNY and a last settlement price of 3566.00 CNY [2] Group 3: Warehouse Data - As of June 11, the warehouse data showed that the medium-sulfur crude oil futures warehouse stood at 4,029,000 barrels, unchanged from the previous trading day [3] - Fuel oil futures warehouse was at 24,750 tons, also unchanged from the previous trading day [3] - Asphalt futures warehouse was at 36,350 tons, remaining stable from the previous trading day [3] - Liquefied petroleum gas futures warehouse decreased by 205 contracts to 9,135 contracts [3] - Low sulfur fuel oil warehouse reported 0 tons, down by 1,000 tons from the previous trading day [3] Group 4: Basis Data - The basis data indicated a phenomenon of 'backwardation' for fuel oil, asphalt, liquefied petroleum gas, and low sulfur fuel oil, where spot prices exceeded futures prices [3] - For fuel oil, the spot price was 5275 CNY, with a futures price of 2917 CNY, resulting in a basis of 2358 CNY and a basis rate of 44.70% [3] - For asphalt, the spot price was 3630 CNY, with a futures price of 3476 CNY, leading to a basis of 154 CNY and a basis rate of 4.24% [3] - For liquefied petroleum gas, the spot price was 4797.5 CNY, with a futures price of 4119 CNY, resulting in a basis of 678 CNY and a basis rate of 14.13% [3] - For low sulfur fuel oil, the spot price was 3648 CNY, with a futures price of 3563 CNY, leading to a basis of 85 CNY and a basis rate of 2.32% [3]