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Kinetik Holdings (KNTK) Gains Amid Interest from Western Midstream Partners
Yahoo Finance· 2026-02-23 15:46
The share price of Kinetik Holdings Inc. (NYSE:KNTK) surged by 9.68% between February 13 and February 20, 2026, putting it among the Energy Stocks that Gained the Most This Week. Kinetik Holdings (KNTK) Gains Amid Interest from Western Midstream Partners Kinetik Holdings Inc. (NYSE:KNTK) is the premier midstream operator in the Delaware Basin, providing gathering, compression, processing, transportation, and water management services. Kinetik Holdings Inc. (NYSE:KNTK) shot up on February 19 after a Fina ...
Momentus Receives Payments for Successful Execution of Cutting-edge U.S. Air Force and NASA Contracts
Businesswire· 2026-02-12 13:00
SAN JOSE, Calif.--(BUSINESS WIRE)--Momentus Inc. (NASDAQ: MNTS) ("Momentus†or the "Company†), a U.S. commercial space company offering satellite buses, technologies, transportation, and other in-space services, today announced that it received payments totaling approximately $1.9 million in January 2026 for contracts with NASA and the U.S. Air Force Research Laboratory's (AFRL's) SpaceWERX organization. Momentus received payments in January 2026 in connection with: Qualification and integratio. ...
Analyst Sentiment on Targa Resources (TRGP) Strengthens Following Recent Analyst Updates
Yahoo Finance· 2026-02-11 19:26
Core Insights - Targa Resources Corp. (NYSE:TRGP) is recognized as one of the best performing stocks in the S&P 500 over the past five years [1] Analyst Updates - Targa Resources Corp. shares are trading near consensus valuation levels, with a consensus price target of $213.00 indicating a 3.60% upside as of February 6, 2026. Over 90% of analysts covering the company remain bullish, suggesting incremental revisions rather than broad re-ratings [2] - Morgan Stanley raised its price target for Targa Resources Corp. to $266 from $264 on January 28, 2026, while maintaining an 'Overweight' rating, citing a strong start to the earnings season and the energy sector's contribution to S&P 500 performance despite stable commodity prices [3] - Scotiabank increased its target for Targa Resources Corp. from $199 to $224 on January 16, 2026, while keeping its 'Outperform' rating, attributing the increase to favorable conditions from LNG exports and rising power demand, which are expected to create more opportunities and an upward bias in long-term estimates [4] Company Overview - Targa Resources Corp. is a midstream energy company that provides natural gas gathering, processing, transportation, and NGL logistics services to support U.S. production, power demand, and LNG export growth [5]
CNBC's Inside India newsletter: The facts — and frictions — of the U.S.-India trade deal
CNBC· 2026-02-05 09:15
Modi, in his response on X, expressed delight over the lowering of tariff of 18%, thanked Trump and extended support for his "efforts for [global] peace."Trump said Washington would cut tariffs on Indian goods to 18% from 50% , while New Delhi will lower duties on U.S. goods to zero, replace Russian oil with supply from U.S. and Venezuela, open sensitive markets such as agriculture and buy $500 billion worth of American goods.Less than a week after the India-EU trade pact was finalized , U.S. President Dona ...
Is Wall Street Bullish or Bearish on CenterPoint Energy Stock?
Yahoo Finance· 2026-02-04 06:28
Core Insights - CenterPoint Energy, Inc. (CNP) has a market capitalization of $25.9 billion and operates in electric transmission, distribution, generation, and natural gas services across multiple states, serving over 2.8 million customers [1] Performance Overview - CNP shares have outperformed the broader market over the past 52 weeks, returning 23.6% compared to the S&P 500 Index's 15.4% [2] - Year-to-date, CNP shares are up 4.8%, while the S&P 500 has risen by 1.1% [2] - CNP has also outpaced the State Street Utilities Select Sector SPDR ETF (XLU), which returned 10.5% over the same period [3] Financial Results - In Q3 2025, CenterPoint reported adjusted EPS of $0.50, a more than 60% increase from Q3 2024, and reiterated its 2025 adjusted EPS guidance of $1.75 - $1.77 [6] - The company reported a net income of $293 million for the quarter, with Houston Electric industrial throughput increasing over 17% year-over-year [6] Analyst Expectations - For the fiscal year ending December 2025, analysts expect CNP's adjusted EPS to grow by 8.6% year-over-year to $1.76 [7] - The consensus rating among 17 analysts covering the stock is a "Moderate Buy," with eight "Strong Buy" ratings and nine "Holds" [7] Price Targets - Morgan Stanley raised its price target on CenterPoint Energy to $37, maintaining an "Equal Weight" rating [8] - The mean price target of $42.67 suggests a 6.2% premium to CNP's current price, while the highest price target of $49 indicates a potential upside of 21.9% [8]
Delek Logistics Partners, LP to Host Fourth Quarter 2025 Conference Call on February 27th
Businesswire· 2026-01-30 21:30
Group 1 - Delek Logistics Partners, LP plans to issue a press release summarizing its fourth quarter 2025 results before the U.S. stock market opens on February 27, 2026 [1] - A conference call to discuss the fourth quarter results is scheduled for February 27, 2026, at 11:30 a.m. CT (12:30 p.m. ET) [1] - The live broadcast of the conference call will be available online, with a replay accessible for 90 days [2] Group 2 - Delek Logistics is a midstream energy master limited partnership based in Brentwood, Tennessee, focusing on gathering, pipeline, transportation, and other services in the energy sector [3] - The company operates primarily in the Permian Basin, Delaware Basin, and Gulf Coast region, providing services for crude oil, refined products, natural gas, and more [3] - Delek US Holdings, Inc. owns the general partner interest and a majority limited partner interest in Delek Logistics, also serving as a significant customer [4]
Cantor Fitzgerald Initiates Coverage of Sterling Infrastructure (STRL) Stock with an Overweight Rating
Yahoo Finance· 2026-01-30 21:05
Group 1 - Sterling Infrastructure, Inc. (NASDAQ:STRL) is recognized as a high-potential stock, with Cantor Fitzgerald initiating coverage with an "Overweight" rating and a price target of $413, driven by a multi-year investment cycle in the Engineering & Construction sector [1][2] - The sector is experiencing increased utility capital expenditures, leading to record backlogs, which provide strong near-term revenue visibility and a sustainable long-term project pipeline [2] - Sterling Infrastructure has transformed its portfolio towards higher-margin, mission-critical markets, including semiconductors, data centers, and advanced manufacturing [2] Group 2 - The acquisition of CEC by Sterling Infrastructure enhances its integrated site development and electrical capabilities, broadening project scope, improving sequencing, and aiding in margin synergies [3] - The company is involved in providing e-infrastructure, transportation, and building solutions, positioning itself strategically within the industry [3]
Mushrooms, Inc. (OTC: MSRM) Signs Share Exchange Agreement to Acquire SecurCapital Corp
Globenewswire· 2026-01-29 14:00
Core Viewpoint - Mushrooms, Inc. has announced a Share Exchange Agreement to acquire SecurCapital Corp, a logistics and finance solutions provider, in an all-stock transaction, with the closing expected in early March 2026, pending regulatory approvals and customary conditions [1][2]. Company Overview - Mushrooms, Inc. is a U.S.-based public company that will operate as SecurCapital Corp post-acquisition, aligning its public market identity with its logistics and supply chain focus [9]. - SecurCapital Corp specializes in supply chain logistics and finance solutions, primarily serving North American companies and focusing on international services [3][10]. Transaction Details - The acquisition involves Mushrooms, Inc. issuing common shares to SecurCapital's shareholders in exchange for 100% of SecurCapital's equity, with a closing period of approximately 50 days [6]. - The transaction is subject to customary closing conditions and regulatory approvals [2][6]. Management and Strategic Direction - Stephen Russell, CEO of SecurCapital, will become the CEO of Mushrooms, Inc. post-transaction, while continuing to lead SecurCapital as a wholly owned subsidiary [4]. - The acquisition is part of a growth strategy that includes planned expansions into new U.S. markets and Southeast Asia, focusing on air-freight and trade finance [6]. Financial Information - SecurCapital's portfolio companies are reported to generate approximately $10 million in trailing twelve-month revenue based on unaudited interim financial information [3]. Corporate Actions - Following the acquisition, Mushrooms, Inc. plans to change its corporate name to SecurCapital Corp and will submit a corporate action request to FINRA for a new trading symbol [7]. - Certain legacy biotechnology assets and liabilities associated with Mushrooms, Inc. will be separated to focus on SecurCapital's logistics operations [8].
Cushing Asset Nearly Doubles Number of Kinetik Shares
Yahoo Finance· 2026-01-27 22:09
Core Viewpoint - Cushing Asset Management significantly increased its stake in Kinetik Holdings by purchasing 855,000 shares, reflecting confidence in the company's future performance despite recent stock declines [2][4][8]. Group 1: Transaction Details - Cushing Asset Management's recent SEC filing revealed an increase in its Kinetik Holdings stake to 1.8 million shares, valued at $66.5 million as of quarter-end [4][8]. - The total position now represents 3.8% of the fund's assets under management (AUM), which amounts to $1.7 billion [4][8]. - The purchase raised the quarter-end position value by $24.2 million, influenced by both share purchases and price movements [4]. Group 2: Company Overview - Kinetik Holdings operates as a midstream company in the Texas Delaware Basin, providing gathering, transportation, compression, processing, and treating services for oil and gas producers [7][11]. - The company has a fee-based midstream business model, focusing on generating revenue primarily from long-term contracts with producers [7][11]. - As of January 26, 2026, Kinetik Holdings had a market capitalization of $6.4 billion, with a revenue of $1.72 billion and a dividend yield of 7.9% [6]. Group 3: Market Performance - Kinetik's stock has experienced a decline of 35.5% over the past year, while the S&P 500 has returned 15.4% during the same period [9]. - Despite the stock's disappointing performance, Kinetik recently raised its quarterly dividend by 4% to $0.81, resulting in an 8.1% dividend yield, significantly higher than the S&P 500's yield of 1.1% [9].
Jim Cramer on FedEx Freight Spin-Off Plans: “This Deserves a Lot of Attention”
Yahoo Finance· 2026-01-22 08:09
Core Insights - FedEx Corporation is planning a spin-off of its freight division, which is set to begin trading independently in June [1] - The spin-off is expected to be a compelling investment opportunity if priced reasonably [1] - The company's CEO, Raj Subramaniam, is recognized for orchestrating a turnaround at FedEx, which is noted for its strong competitive position in the logistics industry [2] Company Overview - FedEx provides a range of services including transportation, shipping, logistics, express and freight delivery, e-commerce solutions, and supply chain management [2] - The company is considered to have one of the greatest competitive moats in the industry, rivaled only by United Parcel Service [2] Leadership and Management - Raj Subramaniam, the current CEO, is praised for his leadership and the ongoing turnaround at FedEx [2] - The legacy of the late Fred Smith, the founder, is highlighted, with a strong belief in Subramaniam's capabilities [2]