Safe Bulkers (NYSE:SB) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Company ParticipantsCliment Molins - Head of Shipping ResearchKonstantinos Adamopoulos - CFO and TreasurerLoukas Barmparis - President and SecretaryOperatorThank you for standing by, ladies and gentlemen, and welcome to Safe Bulkers conference call for the Q4 2025 financial results. We have with us Mr. Polys Hajioannou, Chairman and Chief Executive Officer, Dr. Loukas Barmparis, President, and Mr. Konstantinos Adamopoulos, Chief Fina ...

Financial Highlights - For the twelve months of 2025, the company achieved a net income of $10.5 million, a significant increase of 481% compared to a net loss of $3 million in 2024 [3][25] - EBITDA for 2025 was reported at $17 million, up 244% from $7 million in 2024 [3][25] - Voyage revenues decreased by 18% to $34.8 million in 2025, primarily due to the dry docking of the Aframax tanker, resulting in 74 non-revenue days [3][21] - Voyage costs for 2025 were $12.8 million, down from $14.1 million in 2024 [22] Business Line Performance - The dry bulk market showed resilience in 2025, with iron ore and coal trade remaining significant, although coal shipments are forecasted to decline further in 2026 [4][6] - The minor bulks category, including bauxite and fertilizers, grew by around 4% in 2025, with expectations of a further 3% increase in 2026 [8] - The global Handysize fleet saw a 2% increase in exports, with the average age of the fleet at 14.9 years [9][10] Market Data - The Aframax sector experienced significant improvements, with spot rates on major trading routes increasing by up to 88.7% [11][12] - The global Aframax fleet consists of 1,198 ships, with 25% over 20 years of age [12] - Changes in trading patterns, particularly increased imports to China and India from the Middle East, have resulted in longer voyages and higher ton-mile demand [14][16] Company Strategy and Industry Competition - The company aims for disciplined growth through selective acquisitions of quality, non-Chinese-built vessels, focusing on short to medium-term charters [28] - The acquisition of two product tankers is expected to increase fleet capacity by 387% from inception [19][32] - The company maintains a high-quality fleet to reduce operating costs and improve safety, with no bank debt [28][29] Management's Comments on Operating Environment and Future Outlook - The company anticipates a bullish outlook for 2026, driven by elevated freight rates, resilient oil demand, and shifting trade patterns [31] - Global seaborne trades are projected to increase, supported by population growth and geopolitical factors [31] - The company has successfully completed the dry docking of its Aframax tanker, enhancing financial flexibility [31] Other Important Information - The company reported a cash balance of $14.9 million at the end of 2025, an increase of 19% from $12.6 million in 2024 [26] - The total paid for acquisitions did not change, with no interest charged on the purchase prices of vessels [29] Q&A Summary Question: What are the expectations for the dry bulk market in 2026? - The dry bulk market is expected to see modest growth in tons but robust growth in ton miles due to longer trade routes and the rising weight of minor bulks [8] Question: How does the company plan to manage its fleet and operations? - The company focuses on maintaining high standards of safety and reliability, with regular inspections and a comprehensive maintenance program for each vessel [28]

Nutrien (NYSE:NTR) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Company ParticipantsBen Isaacson - Managing Director of Equity ResearchChris Reynolds - Executive Vice President and President, Nutrien Ag SolutionsJeff Holzman - SVP of Investor Relations and FP&AJustin Pellegrino - Equity Research AssociateKen Seitz - President and CEOMark Thompson - CFOConference Call ParticipantsAndrew Wong - Equity Research AnalystBen Theurer - Equity Research AnalystChris Parkinson - Managing Director and Senior Re ...

OR Royalties (NYSE:OR) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Company ParticipantsJason Attew - CEOConference Call ParticipantsBrian MacArthur - AnalystDerek Macpherson - AnalystTanya Jakusconek - AnalystOperatorGood morning, ladies and gentlemen, and welcome to our OR Royalties Q4 and year 2025 results conference call. After the presentation, we will conduct a question-and-answer session. If you'd like to ask a question, please press star followed by the number one on your telephone keypad. Pl ...

C3is (NasdaqCM:CISS) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Company ParticipantsDiamantis Andriotis - CEONina Pyndiah - CFOOperatorGood day, and thank you for standing by. Welcome to the C3is Q4 2025 Financial and Operating Results webcast and conference call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your first speaker today, Dr. Diamantis Andriotis. Please go ahead.Diam ...

Sprott (NYSE:SII) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Company ParticipantsJohn Ciampaglia - CEOKevin Hibbert - CFOWhitney George - CEOConference Call ParticipantsBart Jerszynski - Managing Director and Equity Research AnalystEtienne Ricard - Equity Research AnalystGraham Ryding - Equity Research AnalystMatt Lee - Equity Research AnalystMike Kozak - Equity Research AnalystOperatorGood morning, ladies and gentlemen, and thank you for standing by. Welcome to Sprott Inc's 2025 fourth quarter res ...

Deere & Company (NYSE:DE) Q1 2026 Earnings call February 19, 2026 10:00 AM ET Company ParticipantsChris Seibert - Manager, Investor CommunicationsJosh Beal - Director of Investor RelationsJosh Jepsen - Chief Financial OfficerRyan Campbell - President, Worldwide Construction, Forestry, and Power SystemsConference Call ParticipantsAngel Castillo - AnalystChad Dillard - AnalystDavid Raso - AnalystEvan McCall - AnalystJairam Nathan - AnalystJamie Cook - Research AnalystKristen Owen - AnalystMike Shlisky - Analy ...

Deere & Company (NYSE:DE) Q1 2026 Earnings call February 19, 2026 10:00 AM ET Speaker10Good morning, and welcome to Deere & Company first quarter earnings conference call. Your lines have been placed in listen-only until the question and answer session of today's conference. I would now like to turn the call over to Mr. Josh Beal, Director of Investor Relations. Thank you. You may begin.Speaker6Hello. Welcome, and thank you for joining us on today's call. Joining me on the call today are Josh Jepsen, Chief ...

2025 Fourth Quarter and Full Year Financial Results February 18, 2026 NYSE: CF Safe harbor statement All statements in this presentation by CF Industries Holdings, Inc. (together with its subsidiaries, the "Company"), other than those relating to historical facts, are forward-looking statements. Forward-looking statements can generally be identified by their use of terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "will" or "would" and simil ...

Blue Owl Capital Corporation (NYSE:OBDC) Q4 2025 Earnings call February 19, 2026 10:00 AM ET Speaker10Good morning, everyone, and welcome to the Blue Owl Capital Corporation's fourth quarter and full year 2025 earnings call. As a reminder, this call is being recorded. At this time, I'd like to turn the call over to Mike Mosticchio, Head of BDC Investor Relations. Mike, please go ahead.Speaker9Thank you, operator, and welcome to Blue Owl Capital Corporation's fourth quarter and full year 2025 earnings confer ...