Minnesota Power Reaches Electric Rate Settlement With State Agencies and Large Power Customers
Minnesota Power, a utility division of ALLETE Inc. (NYSE: ALE), has reached a settlement agreement on its 2024 electric rate proposal with the Minnesota Department of Commerce, Minnesota Attorney General’s Office and Large Power Intervenors. If approved by the Minnesota…
MOGAS Mourns the Death of Their Beloved Chairman and Founder Vincent Louis Mogas
MOGAS mourns the death of their beloved chairman and founder Vincent Louis Mogas, who died on May 2, 2024 in Houston, Texas. Louis spent his life building a valve manufacturing business and a company culture that stood for goodness. MOGAS…
United States $1.7 Bn Artificial Lift Markets, Competition, Forecast & Opportunities, 2019-2023 & 2024-2029F: Increased Emphasis on Environmental Sustainability, Digitalization and IoT Integration – ResearchAndMarkets.com
The “United States Artificial Lift Market, By Region, By Competition Forecast & Opportunities, 2019-2029F” report has been added to ResearchAndMarkets.com’s offering. United States Artificial Lift Market was valued at USD 1.7 billion in 2023 and is anticipated to project robust growth in the forecast…
ExxonMobil Completes Acquisition of Pioneer Natural Resources
Exxon Mobil Corporation (NYSE: XOM) today announced it has closed its acquisition of Pioneer Natural Resources Company (NYSE: PXD). The merger of ExxonMobil and Pioneer creates an Unconventional business with the largest, high-return development potential in the Permian Basin. The…
GeoPark Publishes Its 2023 SPEED/Sustainability Report
GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator, today announced the publication of its 2023 SPEED/Sustainability Report. The SPEED/Sustainability Report outlines the Company’s advancements in environmental, social and…
Cheniere Reports First Quarter 2024 Results and Reconfirms Full Year 2024 Financial Guidance
Cheniere Energy, Inc. (“Cheniere”) (NYSE: LNG) today announced its financial results for the first quarter 2024. FIRST QUARTER 2024 SUMMARY FINANCIAL RESULTS (in billions) Three Months Ended March 31, 2024 Revenues $4.3 Net Income1 $0.5 Consolidated Adjusted…
Kolibri Global Energy Announces Annual 2023 Net Income of US$19.3 Million and Adjusted EBITDA of $39.1 Million
All amounts are in U.S. Dollars unless otherwise indicated: 2023 HIGHLIGHTS (1) Adjusted EBITDA is considered a non-GAAP measure. Refer to the section entitled “Non-GAAP Measures” of this earnings release. (2) Netback from operations and netback including commodity contracts are…
Forum Energy Technologies Announces First Quarter 2024 Results, Benefits from Variperm Acquisition
Forum Energy Technologies, Inc. (NYSE: FET) today announced first quarter 2024 revenue of $202 million, a 9%sequential increase. Orders grew 28% sequentially to $204 million, with a book-to-bill ratio of 101%. The first quarter 2024 net loss was $10 million,…
Alliant Energy Announces First Quarter 2024 Results
Alliant Energy Corporation (NASDAQ: LNT) today announced U.S. generally accepted accounting principles (GAAP) consolidated unaudited earnings per share (EPS) for the three months ended March 31 as follows: GAAP EPS 2024 2023 Utilities and Corporate Services $ 0.62…
Delek US Holdings Increases Regular Quarterly Dividend
Delek US Holdings, Inc. (the “Company” or “Delek US”) announced that its Board of Directors has approved a $0.005 per share increase in the regular quarterly dividend to $0.25 per share, to be paid on May 24, 2024, to shareholders…
Excelerate Energy Announces Quarterly Cash Dividend
Excelerate Energy, Inc. (the “Company” or “Excelerate”) (NYSE: EE) announced today that its Board of Directors (the “Board”) declared a quarterly cash dividend, with respect to the quarter ended March 31, 2024, of $0.025 per share of Class A common…
Essential Utilities Reports Financial Results for Q1 2024
Essential Utilities Inc. (NYSE: WTRG) today reported results for the first quarter ended March 31, 2024. Essential’s net income of $265.8 million or $0.97 per share for the first quarter of 2024 compared favorably to $191.4 million or $0.72 per…
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