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Calumet Issues Redemption Notice for $100 Million of 9.75% Senior Notes due 2028
INDIANAPOLIS, July 8, 2026 /PRNewswire/ -- Calumet, Inc. (NASDAQ: CLMT) (the "Company" or "Calumet") today announced that its wholly owned subsidiaries, Calumet Specialty Products Partners, L.P. (the "Partnership") and Calumet Finance Corp. (together with the Partnership, the "Issuers"), have given notice for redemption of all of the outstanding $100 million 9.75% Senior Notes due 2028 (CUSIP Nos. 131477 AZ4 and U13077 AR0) that were originally issued in January 2025 (the "2028 Mirror Notes"), to be effected on July 15, 2026 at a cash redemption price of 102.438% of the principal amount, plus accrued and unpaid interest to but not including the redemption date. "Today's announcement marks another important milestone in our commitment to strengthening our balance sheet and reducing interest expense," said David Lunin, CFO. "We also reduced borrowings under our revolving credit facility during the second quarter. With operating momentum and a favorable outlook, we are well positioned to continue accelerating deleveraging while investing in the growth opportunities that create long-term shareholder value."This press release shall not constitute a notice of redemption of the 2028 Mirror Notes. Information concerning the terms and conditions of the redemption of the 2028 Mirror Notes is described in the notice of full redemption distributed to holders on July 2, 2026.About CalumetCalumet, Inc. (NASDAQ: CLMT) manufactures, formulates and markets a diversified slate of specialty branded products and renewable fuels to customers across a broad range of consumer-facing and industrial markets. Calumet is headquartered in Indianapolis, Indiana and operates twelve facilities throughout North America.Cautionary Statement Regarding Forward-Looking StatementsCertain statements and information in this press release may constitute "forward-looking statements." The words "will," "may," "intend," "believe," "expect," "outlook," "forecast," "anticipate," "estimate," "continue," "plan," "should," "could," "would," or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. The statements discussed in this press release that are not purely historical data are forward-looking statements, including, but not limited to, the statements regarding the redemption of the 2028 Mirror Notes. These forward-looking statements are based on our current expectations and beliefs concerning future developments and their potential effect on us. While our management considers these assumptions to be reasonable, they are inherently subject to significant business, economic, competitive, regulatory and other risks, contingencies and uncertainties, most of which are difficult to predict and many of which are beyond our control. Accordingly, our actual results may differ materially from the future performance that we have expressed or forecast in our forward-looking statements. For additional information regarding known material risks, uncertainties and other factors that can affect future results, please see our 0xFB01lings with the Securities and Exchange Commission ("SEC"), including the risk factors and other cautionary statements in the latest Annual Report on Form 10-K of the Company and other filings with the SEC by the Company. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by applicable law. View original content:https://www.prnewswire.com/news-releases/calumet-issues-redemption-notice-for-100-million-of-9-75-senior-notes-due-2028--302820138.htmlSOURCE Calumet, Inc.
HF Sinclair Provides Leadership Update
Related Quotes HF Sinclair Corporation 73.94 0.51 0.69% Enter Symbols: HF Sinclair Provides Leadership Update Steven Ledbetter Appointed President and Chief Operating OfficerValerie Pompa Appointed President, Growth, Technology and Transformation DALLAS, Jul. 08 /BusinessWire/ -- HF Sinclair Corporation (NYSE and NYSE Texas, Inc.: DINO) ("HF Sinclair" or the "Company") announced the following leadership updates:Steven Ledbetter, previously Executive Vice President, Commercial, has been appointed President and Chief Operating Officer.Valerie Pompa, previously Executive Vice President, Operations, has been appointed President, Growth, Technology and Transformation.HF Sinclair's Chief Executive Officer, Franklin Myers, commented, "These appointments are an important step forward as we position HF Sinclair for long-term success. Steve's commercial and operational experience from his long tenure in the energy industry along with his deep knowledge of our integrated value chain will be invaluable as we sharpen execution and drive continued value creation. In this new capacity, Steve will be responsible for overseeing the Company's operations and commercial organizations while advancing our strategic priorities, including improving safety and reliability, enhancing cost efficiency and unlocking value across our integrated platform."Mr. Myers continued, "Valerie is a highly respected leader who has consistently demonstrated strong operational judgment and driven improvements in our turnarounds and project execution capabilities. In her new role, she will lead our enterprise-wide growth and transformation priorities, including overseeing our technology strategy and deployment."Matthew Joyce will continue in his role as Senior Vice President, Lubricants & Specialties and report directly to Mr. Myers as the Lubricants & Specialties segment is a distinct, strategic segment with its own growth priorities and market dynamics.Franklin Myers will continue to serve as Chief Executive Officer on a temporary basis, supporting continuity and alignment as we move forward.About Steven LedbetterSteven Ledbetter has served as Executive Vice President, Commercial of the Company since March 2023. Prior to joining the Company, Mr. Ledbetter served as Director, President and Chief Executive Officer of Shell Midstream Partners GP LLC, the general partner of Shell Midstream Partners, L.P., from March 2021 to March 2023, where he oversaw the vision, strategy and execution of the Shell Midstream business. From April 2018 to March 2021, he served as Vice President, Commercial of Shell Midstream, leading business development, joint ventures, oil movements and portfolio activity. He served as President and Chief Executive Officer of Jiffy Lube International from October 2013 to February 2018, with responsibility for the vision, strategy, growth and profitability of the Jiffy Lube brand and network. Mr. Ledbetter joined Shell in 1999 and held roles of increasing responsibility across finance, commercial deal structuring, operations, strategy and business transformation over his 24-year tenure.Mr. Ledbetter holds a B.B.A in Finance and Financial Management Services from Texas A&M University.About Valerie PompaValerie Pompa has served as Executive Vice President, Operations of the Company since March 2023. Prior to then, she served as Senior Vice President, Refining Operations of a subsidiary of the Company from October 2020 to April 2023. Prior to joining the Company, she served as owner and Chief Executive Officer of VAP Business Solutions Limited, providing leadership and business consulting services across industries, including energy. Earlier in her career, Ms. Pompa served as Chief Operating Officer of ATS Industrial and held leadership roles at Flint Hills Resources, LP, spanning process engineering, operations and production optimization during her 17-year tenure.Ms. Pompa holds a B.S. in Chemical Engineering from Trine University.About HF Sinclair CorporationHF Sinclair Corporation, headquartered in Dallas, Texas, is an independent energy company that produces and markets high-value light products such as gasoline, diesel fuel, jet fuel, renewable diesel and lubricants and specialty products. HF Sinclair owns and operates refineries located in Kansas, Oklahoma, New Mexico, Wyoming, Washington and Utah. HF Sinclair provides petroleum product and crude oil transportation, terminalling, storage and throughput services to our refineries and the petroleum industry. HF Sinclair markets its refined products principally in the Southwest U.S., the Rocky Mountains extending into the Pacific Northwest and in other neighboring Plains states and supplies high quality fuels to more than 1,750 branded stations and licenses the use of the Sinclair brand to more than 350 additional locations throughout the country. HF Sinclair produces renewable diesel at two of its facilities in Wyoming and also at its facility in New Mexico. In addition, subsidiaries of HF Sinclair produce and market base oils and other specialized lubricants in the U.S., Canada and the Netherlands, and export products to more than 80 countries.Forward-Looking StatementsThe following is a "safe harbor" statement under the Private Securities Litigation Reform Act of 1995: The statements in this press release relating to matters that are not historical facts are "forward-looking statements" based on management's beliefs and assumptions using currently available information and expectations as of the date hereof, are not guarantees of future performance and involve certain risks and uncertainties, including those contained in HF Sinclair's filings with the Securities and Exchange Commission (the "SEC"). All statements concerning HF Sinclair's expectations for future results are based on forecasts for HF Sinclair's existing operations and do not include the potential impact of any future transactions. Forward-looking statements use words such as "anticipate," "project," "will," "expect," "plan," "goal," "forecast," "strategy," "intend," "should," "would," "could," "believe," "may," and similar expressions and statements regarding HF Sinclair's plans and objectives for future operations. Although HF Sinclair believes that the expectations reflected in these forward-looking statements are reasonable, HF Sinclair cannot assure you that HF Sinclair's expectations will prove to be correct. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Any differences could be caused by a number of factors, including, but not limited to, the business, financial, operational and legal risks provided in the reports filed by HF Sinclair with the SEC. All forward-looking statements included in this press release are expressly qualified in their entirety by the foregoing cautionary statements. The forward-looking statements speak only as of the date made and, other than as required by law, HF Sinclair undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.View source version on businesswire.com: https://www.businesswire.com/news/home/20260708185512/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
FCPT Announces Acquisition of a Drilling Tools International Property for $4.7 Million
Related Quotes Drilling Tools International Corporation 2.12 0.03 1.44% Four Corners Property Trust Inc 25.28 0.27 1.08% Enter Symbols: FCPT Announces Acquisition of a Drilling Tools International Property for $4.7 Million MILL VALLEY, Calif., Jul. 07 /BusinessWire/ -- Four Corners Property Trust (NYSE:FCPT), a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties ("FCPT" or the "Company"), is pleased to announce the acquisition of a Drilling Tools International property for $4.7 million. Drilling Tools International (NASDAQ:DTI) is a publicly traded oilfield services company that manufactures and rents downhole drilling tools used in horizontal and directional drilling of oil and natural gas wells. The property is a drilling equipment manufacturing and rental facility located in a strong industrial corridor in Louisiana and corporate-operated under a long-term, triple net lease with approximately 11 years of term remaining. The transaction was priced at a 7.1% cap rate including rent credits received at closing and exclusive of transaction costs. About FCPT FCPT, headquartered in Mill Valley, CA, is a real estate investment trust primarily engaged in the ownership, acquisition and leasing of restaurant and retail properties. The Company seeks to grow its portfolio by acquiring additional real estate to lease, on a net basis, for use in the restaurant and retail industries. Additional information about FCPT can be found on the website at www.fcpt.com. Category: Acquisition View source version on businesswire.com: https://www.businesswire.com/news/home/20260707577674/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
RPC, Inc. Announces Date for Second Quarter 2026 Financial Results and Conference Call
ATLANTA, July 7, 2026 /PRNewswire/ -- RPC, Inc. (NYSE: RES) announced today that it will release its financial results for the second quarter ended June 30, 2026 on Thursday, July 30, 2026, before the market opens. In conjunction with its earnings release, the Company will host a conference call to review the Company's financial and operating results on Thursday, July 30, 2026, at 9:00 a.m. Eastern Time.Individuals wishing to participate in the conference call should dial toll-free (833) 461-5787, or +1 (585) 542-9983 for international callers, and use meeting ID number 300 114 924. For interested individuals unable to join by telephone, the call also will be broadcast and archived for 90 days on the Company's investor website. Interested parties are encouraged to click on the webcast link 10-15 minutes prior to the start of the conference call.About RPC, Inc.RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the United States, including the Gulf of America, mid-continent, southwest, Appalachian and Rocky Mountain regions, and in selected international markets. RPC's investor website can be found on the internet at RPC.net.For information about RPC, Inc. or this event, please contact:Joshua LargeVice President, Corporate Finance and Investor Relations(404) [email protected] L. SchmitChief Financial Officer(404) [email protected] View original content to download multimedia:https://www.prnewswire.com/news-releases/rpc-inc-announces-date-for-second-quarter-2026-financial-results-and-conference-call-302819833.htmlSOURCE RPC, Inc.
TechnipFMC Awarded Subsea Contracts by Equinor for Multiple Projects in Norway
Related Quotes Technipfmc Plc Ordinary Share 68.11 0.85 1.26% Enter Symbols: TechnipFMC Awarded Subsea Contracts by Equinor for Multiple Projects in Norway NEWCASTLE & HOUSTON, Jul. 07 /BusinessWire/ -- TechnipFMC (NYSE:FTI) has been awarded multiple contracts by Equinor for a portfolio of subsea tie-back developments offshore Norway. TechnipFMC will design and manufacture subsea production systems and associated controls for the Omega Sør, Brime, and Tyrihans Nord brownfield projects. TechnipFMC will also install rigid pipe on the TWIN development. Jonathan Landes, President, Subsea at TechnipFMC, commented: "We are pleased to support Equinor's strategy to unlock additional resources and extend the life of existing infrastructure on the Norwegian Continental Shelf. By leveraging our standardized subsea solutions, we can help deliver these projects reliably while creating long-term value for Equinor." (1) For TechnipFMC, the total value of these contracts is between $250 million and $500 million. These awards were included in inbound orders in the second quarter of 2026. Important Information for Investors and Securityholders Forward-Looking Statement This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words "expect," "believe," "estimated," and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, including our assumptions and projections regarding the expected benefits of the awarded contracts, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies and comprehensive solutions, we are transforming our clients' project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions. Organized in two business segments - Subsea and Surface Technologies - we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI®, iFEED™ and iComplete®), technology leadership and digital innovation. Each of our approximately 22,000 employees is driven by a commitment to our clients' success, and a culture of strong execution, purposeful innovation, and challenging industry conventions. TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on X @TechnipFMC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260707867562/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
Excelerate Energy Announces Second Quarter 2026 Earnings Conference Call Date
Related Quotes Excelerate Energy Inc Class A 38.78 0.06 0.15% Enter Symbols: Excelerate Energy Announces Second Quarter 2026 Earnings Conference Call Date THE WOODLANDS, Texas, Jul. 07 /BusinessWire/ -- Excelerate Energy, Inc. (NYSE:EE) (the "Company" or "Excelerate") will release its second quarter 2026 results on Wednesday, August 5, 2026, following the close of U.S. financial markets. The earnings release and presentation for the second quarter 2026 results will be available on the investor page of the Company's website at www.excelerateenergy.com. On Thursday, August 6, 2026, the Company's management team will host a conference call for analysts and investors at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The call will also be webcast live at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the website following the call. About Excelerate Energy: Excelerate Energy, Inc. is a U.S.-based LNG and power infrastructure company located in The Woodlands, Texas. Excelerate helps countries around the world enhance their energy security by providing reliable energy infrastructure and increasing access to global LNG markets. The Company delivers services along the LNG to power value chain, including floating regasification terminals, downstream infrastructure development, LNG supply, and power generation. Excelerate has a presence in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Hanoi, Helsinki, Jamaica, Karachi, London, Rio de Janeiro, Singapore, Washington, D.C., and Wilhelmshaven. For more information, please visit www.excelerateenergy.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260707429992/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
Comstock to Participate in Water Tower Research Fireside Chat on Thursday, July 9, 2026
Related Quotes Comstock Inc 3.885 0.195 4.78% Enter Symbols: Comstock to Participate in Water Tower Research Fireside Chat on Thursday, July 9, 2026 VIRGINIA CITY, Nev., July 07, 2026 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE American: LODE) ("Comstock" and the "Company") today announced that Corrado De Gasperis, CEO of Comstock, will participate in the upcoming Water Tower Research Fireside Chat Series taking place on Thursday, July 9, 2026, at 11:00 a.m. Eastern Time. The Fireside Chat will be hosted by Peter Gastreich, Managing Director at Water Tower Research, covering the following topics: Systems-based strategies and decision processes: De Gasperis' philosophy behind Comstock's systems-based approach and how the Company targets unsolved, industry-wide problems and constraints for high impact and high value.Financial position, liquidity and non-dilutive capital resources: Transformation of the institutional capital base, capital redeployment, legacy mining and real estate monetization.Solar panel recycling (critical minerals extraction) opportunity: Innovation, differentiation, speed and leadership.Commercial ramp and economics: Commissioning Plant #001, enhancing revenue and throughput, and a novel metal extraction solution and its impact on plant economics and the system overall.National buildout and milestones: The Cambridge, Ohio facility, the seven-plant network thesis, and key milestones. This event is open access for all investors. Interested parties can register for the event through Water Tower Research at: EVENT REGISTRATION About Water Tower Research Modernizing Investor Engagement Through Research-Driven Strategies. At WTR, we help companies and investors connect by creating expert information flow and strategies that are the foundation of a successful modern investor engagement platform. Our analysts and capital markets professionals bring decades of unrivaled Wall Street experience and insight to a new digital world of investor communications and engagement. Our research and investor content is open for everyone to access and distributed across traditional research aggregators like Bloomberg, FactSet, etc., proprietary direct distribution lists, social media, search engines, and our website. As a result, every institutional and retail investor has equal access to our high-quality company research. Our mission is to help companies proactively reach investors while bringing investors a consistent flow of quality information to help them understand our clients' businesses, industries, and the investment opportunities they present. Visit our website for more information at Water Tower Research. About Comstock Inc. Comstock Inc. (NYSE: LODE) innovates and commercializes technologies, systems and supply chains that enable, support and sustain clean energy systems by efficiently, effectively, and expediently extracting and converting under-utilized natural resources into reusable metals, like silver, aluminum, gold, and other critical minerals, primarily from end-of-life photovoltaics. To learn more, please visit www.comstock.inc. Comstock Social Media Policy Comstock Inc. has used, and intends to continue using, its investor relations link and main website at www.comstock.inc in addition to its X.com, LinkedIn and YouTube accounts, as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD. Contacts For investor inquiries:Judd B. Merrill, Chief Financial OfficerTel (775) [email protected] For media inquiries:Zach Spencer, Director of External RelationsTel (775) [email protected] Forward-Looking Statements This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words "believe," "expect," "anticipate," "estimate," "project," "plan," "forecast," "seek," "target," "should," "intend," "may," "will," "would," "potential" and similar expressions identify forward-looking statements but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: future market conditions; future financial, natural, and social gains; future prices and sales of, and demand for, our products and services; permits; production capacity and operations; operating and overhead costs; future capital expenditures and their impact on us; operational and management changes (including changes in the Board of Directors); changes in business strategies, planning and tactics; future employment and contributions of personnel, including consultants; future land and asset sales; investments, acquisitions, joint ventures, strategic alliances and business combinations; litigation, administrative or arbitration proceedings; environmental compliance and changes in the regulatory environment; offerings of equity or debt securities; and future working capital needs, revenues, variable costs, throughput rates, operating expenses, debt levels, cash flows, margins, taxes and earnings. These statements are based on assumptions and assessments made by our management in light of their experience and their perception of historical and current trends, current conditions, possible future developments and other factors they believe to be appropriate. Forward-looking statements are not guarantees, representations or warranties and are subject to risks and uncertainties, many of which are unforeseeable and beyond our control and could cause actual results, developments and business decisions to differ materially from those contemplated by such forward-looking statements. Some of those risks and uncertainties include the risk factors set forth in our filings with the SEC. Occurrence of such events or circumstances could have a material adverse effect on our business, financial condition, results of operations or cash flows, or the market price of our securities. All subsequent written and oral forward-looking statements by or attributable to us or persons acting on our behalf are expressly qualified in their entirety by these factors. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Neither this press release nor any related calls or discussions constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company or any other issuer.
NextNRG Begins Pre-Construction on Two California Healthcare Microgrids
Related Quotes Nextnrg Inc 0.3527 0.0253 6.69% Enter Symbols: NextNRG Begins Pre-Construction on Two California Healthcare Microgrids Miami, FL, July 07, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (Nasdaq: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced it has commenced pre-construction on its California healthcare microgrid projects at Sunnyside Nursing Center in Torrance and Topanga Terrace in Canoga Park, marking the next phase in the development of the Company's first owned-and-operated healthcare microgrid assets, now advancing from signed agreements into active development. Together, the systems will deliver approximately 724 kW of rooftop solar generation and 1 MWh of battery energy storage. NextNRG will own, operate and maintain the systems under 28-year power purchase agreements, giving both facilities resilient, lower-cost energy and long-term cost certainty without significant upfront capital investment. Pre-construction will cover the full scope of work leading to installation, including site surveys, stamped structural and electrical drawings, HCAI-compliant permitting, equipment procurement and utility interconnection, culminating in turnkey delivery of both systems. "Moving these healthcare microgrids into pre-construction is another step in turning our long-term customer agreements into operating energy infrastructure," said Michael D. Farkas, Founder and CEO of NextNRG. "Healthcare facilities depend on uninterrupted power to protect lives, and regulators are increasingly requiring them to invest in backup capacity. That creates an enormous opportunity: thousands of facilities across the country face the same mandate, and we believe we have the best solution on the market. We're focused on the verticals where the need is non-negotiable, building assets that serve critical facilities while creating recurring revenue and long-term value for our shareholders." Healthcare facilities are under growing pressure to invest in energy resilience. California Assembly Bill 2511 (AB 2511) requires skilled nursing facilities to maintain at least 96 hours of backup power during an outage, and Florida has adopted a comparable standard for long-term care facilities. Alongside these mandates, aging grid infrastructure and rising electricity costs are pushing the global healthcare microgrid market from approximately $3.45 billion in 2024 to a projected $10.16 billion by 2033, according to industry research. Today, most facilities meet these requirements with diesel generators, which sit idle except during outages and do nothing to reduce ongoing utility costs. For commercial customers of utilities like Southern California Edison and the Los Angeles Department of Water and Power, which serve the Sunnyside and Topanga facilities, demand charges alone can account for 30 to 70 percent of the monthly electricity bill, according to NREL. NextNRG's microgrids address both problems at once, keeping facilities powered through outages while generating and storing energy on-site to reduce peak demand charges and lower utility costs. About NextNRG, Inc. NextNRG Inc. (NextNRG) is Powering What's Next by integrating artificial intelligence (AI) and machine learning (ML) into utility infrastructure, battery storage, wireless EV in-motion charging, renewable energy, and mobile fuel delivery, to create a unified platform for modern energy management. At the core of its strategy is the Next Utility Operating System®, which uses AI to optimize both new and existing infrastructure across microgrids, utilities, and fleet operations. NextNRG's smart microgrids serve commercial, healthcare, educational, tribal, and government sites, delivering cost savings, reliability, and decarbonization. The company also operates one of the nation's largest on-demand fueling fleets and is advancing wireless charging to support fleet electrification. To learn more, visit www.nextnrg.com. Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG's goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as "expect," "intends," "will," and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG's business and macroeconomic and geopolitical events. These and other risks are described in NextNRG's filings with the Securities and Exchange Commission from time to time. NextNRG's forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements. Investor Relations ContactNextNRG, Inc.Sharon [email protected] Media ContactHCM for [email protected]
Comstock Metals Integrates and Automates Front Stages of Industry-scale Production
Comstock Metals' robotic arms feeding solar panels onto conveyance system. Comstock Metals' robotic arms feeding solar panels onto conveyance system.
Energy Transfer LP Announces Pricing of $1.75 Billion of Junior Subordinated Notes
Related Quotes Energy Transfer LP Common Units 19.25 0.08 0.41% Sunoco LP Common Units Representing Limi 67.56 0.72 1.05% Sunococorp Llc Common Units Representing 67.86 0.69 1.01% Usa Compression Partners LP Common Units 25.51 0.85 3.23% Enter Symbols: Energy Transfer LP Announces Pricing of $1.75 Billion of Junior Subordinated Notes DALLAS, Jul. 06 /BusinessWire/ -- Energy Transfer LP (NYSE:ET) today announced the pricing of its offering of $650,000,000 aggregate principal amount of Series 2026A junior subordinated notes due 2057 (the "Series 2026A notes") and $1,100,000,000 aggregate principal amount of Series 2026B junior subordinated notes due 2057 (the "Series 2026B notes," and together with the Series 2026A notes, the "junior subordinated notes") each at prices to the public of 100.000% of their face value. Initially, the Series 2026A notes will bear interest at an annual rate of 6.550% and the Series 2026B notes will bear interest at an annual rate of 6.700%. The sale of the junior subordinated notes is expected to settle on July 20, 2026, subject to the satisfaction of customary closing conditions. Energy Transfer intends to use the net proceeds of approximately $1,732,500,000 (before offering expenses) from the junior subordinated notes offering to redeem all of its outstanding 6.500% Series H Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Units (the "Series H Preferred Units"), which are redeemable during the redemption period commencing August 15, 2026, to refinance existing indebtedness, including to repay commercial paper and borrowings under its revolving credit facility, and for general partnership purposes. This press release does not constitute a notice of redemption with respect to the Series H Preferred Units, and nothing contained herein shall constitute, or be deemed to constitute, a notice of redemption of the Series H Preferred Units. Notice of redemption with respect to the Series H Preferred Units will be issued at a later date, and such units will be redeemed during the redemption period, which commences August 15, 2026. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, PNC Capital Markets LLC, TD Securities (USA) LLC, and Truist Securities, Inc. are acting as joint book-running managers for the junior subordinated notes offering. The offering of the junior subordinated notes is being made pursuant to an effective shelf registration statement and prospectus filed by Energy Transfer with the Securities and Exchange Commission ("SEC"). The offering of the junior subordinated notes may be made only by means of a prospectus and related prospectus supplement meeting the requirements of Section 10 of the Securities Act of 1933, as amended, copies of which may be obtained from the following addresses: Citigroup Global Markets Inc. c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, New York 11717 Telephone: 1-800-831-9146 Email: [email protected] J.P. Morgan Securities LLC 270 Park Avenue New York, New York 10017 Attention: Investment Grade Syndicate Desk Fax: 1-212-834-6081 PNC Capital Markets LLC 300 Fifth Avenue, 10th Floor Pittsburgh, Pennsylvania 15222 Attention: Debt Capital Markets Fixed Income Telephone: 1-855-881-0697 Email: [email protected] TD Securities (USA) LLC 1 Vanderbilt Avenue, 11th Floor New York, New York 10017 Attention: DCM-Transaction Advisory Telephone: 1-855-495-9846 Truist Securities, Inc. 740 Battery Avenue SE, 3rd Floor Atlanta, Georgia 30339 Attention: Prospectus Department Email: [email protected] Telephone: 1-800-685-4786 You may also obtain these documents for free when they are available by visiting EDGAR on the SEC website at www.sec.gov. This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Energy Transfer LP (NYSE: ET) owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with approximately 140,000 miles of pipeline and associated energy infrastructure. Energy Transfer's strategic network spans 44 states with assets in all of the major U.S. production basins. Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids ("NGL") and refined product transportation and terminalling assets; and NGL fractionation. Energy Transfer also owns the general partner interests, the incentive distribution rights and approximately 28 million common units (representing 15% of the aggregate outstanding common units and Class D units) of Sunoco LP (NYSE:SUN), the managing member interests in SunocoCorp LLC (NYSE:SUNC), and the general partner interests and approximately 46 million common units (representing 32% of the outstanding common units) of USA Compression Partners, LP (NYSE:USAC). Forward-Looking Statements Statements about the offering may be forward-looking statements. Forward-looking statements can be identified by words such as "anticipates," "believes," "intends," "projects," "plans," "expects," "continues," "estimates," "goals," "forecasts," "may," "will" and other similar expressions. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors, many of which are outside the control of Energy Transfer, and a variety of risks that could cause results to differ materially from those expected by management of Energy Transfer. Important information about issues that could cause actual results to differ materially from those expected by management of Energy Transfer can be found in Energy Transfer's public periodic filings with the SEC, including its Annual Report on Form 10-K. Energy Transfer undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706810327/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
Oceaneering Announces Increase in Revolving Credit Facility to $345 Million
Related Quotes Oceaneering International Inc 38.945 0.065 0.17% Enter Symbols: Oceaneering Announces Increase in Revolving Credit Facility to $345 Million HOUSTON, Jul. 06 /BusinessWire/ -- Oceaneering International, Inc. ("Oceaneering") (NYSE:OII) announced today that it has entered into an amendment to its senior secured revolving credit facility ("Credit Facility") to, among other things, increase the commitments from $215 million to $345 million and extend the maturity date from April 2027 to July 2031. The Credit Facility includes the ability to upsize by an additional $85 million and letter of credit availability of $150 million. Mike Sumruld, Oceaneering's Senior Vice President and Chief Financial Officer, stated, "We are pleased to announce this amendment to our revolving credit facility, which provides additional financial flexibility to support our ongoing operations, strategic priorities, and growth initiatives. We appreciate the continued support of our bank group, which includes both long-standing relationship banks and new participating lenders." About Oceaneering Oceaneering is a global technology company delivering engineered services and products and robotic solutions to the offshore energy, defense, aerospace, and manufacturing industries. For more information, please visit www.oceaneering.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706800195/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
Patterson-UTI Reports Drilling Activity for June 2026
Related Quotes Patterson-uti Energy Inc 8.56 0.10 1.16% Enter Symbols: Patterson-UTI Reports Drilling Activity for June 2026 HOUSTON, TX / ACCESS Newswire / July 6, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of June 2026, the Company had an average of 95 drilling rigs operating in the United States. For the three months ended June 30, 2026, the Company had an average of 92 drilling rigs operating in the United States.Average drilling rigs operating reported in the Company's monthly announcements represent the average number of the Company's drilling rigs that were earning revenue under a drilling contract in the United States. The Company cautioned that numerous factors in addition to average drilling rigs operating can impact the Company's operating results and that a particular trend in the number of drilling rigs operating may or may not indicate a trend in or be indicative of the Company's financial performance. The Company intends to continue providing monthly updates on drilling rigs operating shortly after the end of each month.About Patterson-UTIPatterson-UTI is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries, including contract drilling services, integrated well completion services and directional drilling services in the United States, and specialized drill bit solutions in the United States, Middle East and many other regions around the world. For more information, visit www.patenergy.com.Cautionary Statement Regarding Forward-Looking StatementsThis press release contains forward-looking statements which are protected as forward-looking statements under the Private Securities Litigation Reform Act of 1995 that are not limited to historical facts, but reflect Patterson-UTI's current beliefs, expectations or intentions regarding future events. Words such as "anticipate," "believe," "budgeted," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "potential," "project," "pursue," "should," "strategy," "target," or "will," and similar expressions are intended to identify such forward-looking statements. The statements in this press release that are not historical statements, including statements regarding Patterson-UTI's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond Patterson-UTI's control, which could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: adverse oil and natural gas industry conditions; global economic conditions, including inflationary pressures and risks of economic downturns or recessions in the United States and elsewhere; volatility in customer spending and in oil and natural gas prices that could adversely affect demand for Patterson-UTI's services and their associated effect on rates; excess availability of land drilling rigs, pressure pumping and directional drilling equipment, including as a result of reactivation, improvement or construction; competition and demand for Patterson-UTI's services; the impact of the ongoing conflict in Ukraine; strength and financial resources of competitors; utilization, margins and planned capital expenditures; liabilities from operational risks for which Patterson-UTI does not have and receive full indemnification or insurance; operating hazards attendant to the oil and natural gas business; failure by customers to pay or satisfy their contractual obligations (particularly with respect to fixed-term contracts); the ability to realize backlog; specialization of methods, equipment and services and new technologies, including the ability to develop and obtain satisfactory returns from new technology; the ability to retain management and field personnel; loss of key customers; shortages, delays in delivery, and interruptions in supply, of equipment and materials; cybersecurity events; synergies, costs and financial and operating impacts of acquisitions; difficulty in building and deploying new equipment; governmental regulation; climate legislation, regulation and other related risks; environmental, social and governance practices, including the perception thereof; environmental risks and ability to satisfy future environmental costs; technology-related disputes; legal proceedings and actions by governmental or other regulatory agencies; the ability to effectively identify and enter new markets; public health crises, pandemics and epidemics; weather; operating costs; expansion and development trends of the oil and natural gas industry; ability to obtain insurance coverage on commercially reasonable terms; financial flexibility; interest rate volatility; adverse credit and equity market conditions; availability of capital and the ability to repay indebtedness when due; our return of capital to stockholders; stock price volatility; and compliance with covenants under Patterson-UTI's debt agreements.Additional information concerning factors that could cause actual results to differ materially from those in the forward-looking statements is contained from time to time in Patterson-UTI's SEC filings. Patterson-UTI's filings may be obtained by contacting Patterson-UTI or the SEC or through Patterson-UTI's website at http://www.patenergy.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at http://www.sec.gov. Patterson-UTI undertakes no obligation to publicly update or revise any forward-looking statement.Contact:Michael SabellaVice President, Investor Relations(281) 885-7589SOURCE: Patterson-UTI EnergyView the original press release on ACCESS Newswire
Murphy Oil Corporation Schedules Second Quarter 2026 Conference Call and Webcast for Thursday, August 6, 2026
Related Quotes Murphy Oil Corporation 31.72 0.16 0.50% Enter Symbols: Murphy Oil Corporation Schedules Second Quarter 2026 Conference Call and Webcast for Thursday, August 6, 2026 HOUSTON, Jul. 06 /BusinessWire/ -- Murphy Oil Corporation (NYSE:MUR) will host a conference call and webcast at 9:00 a.m. Eastern Time (ET) on Thursday, August 6, 2026, to discuss second quarter 2026 earnings results. The company plans to release its financial and operating results after market close on Wednesday, August 5, 2026. A webcast link and accompanying presentation material will be posted to the Investor Relations section of the company's website at http://ir.murphyoilcorp.com. Date: Thursday, August 6, 2026 Time: 9:00 a.m. ET Toll Free Dial-in: 833-461-5787 Conference ID: 127579651 ABOUT MURPHY OIL CORPORATION Murphy Oil Corporation is an independent oil and natural gas company with a multi-basin onshore and offshore portfolio and significant exploration opportunities. The company has more than a century-long history of demonstrating strong execution and innovative, full-cycle development capabilities with a focus on value creation that drives shareholder returns. Murphy's foresight and financial discipline, along with its culture of adaptability and accountability, will allow the company to continue its outstanding legacy and exceptional reputation. The company's current operations include extensive inventory located onshore in the Eagle Ford Shale, Tupper Montney and Kaybob Duvernay, as well as offshore in the Gulf of America and Canada. Murphy also strives to create long-term shareholder value through offshore exploration and development in the Gulf of America, Vietnam and Côte d'Ivoire. Additional information can be found on the company's website at www.murphyoilcorp.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706679651/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Second Quarter 2026 Earnings
Related Quotes Plains All American Pipeline L.P.UNITS 22.27 0.24 1.07% Enter Symbols: Plains All American Pipeline and Plains GP Holdings Announce Quarterly Distributions and Timing of Second Quarter 2026 Earnings HOUSTON, July 06, 2026 (GLOBE NEWSWIRE) -- Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) announced today their quarterly distributions with respect to the second quarter of 2026 and also announced timing of second quarter 2026 earnings. Second Quarter Distribution Declaration PAA and PAGP announced the following quarterly cash distributions, each of which will be payable on August 14, 2026, to holders of the respective securities at the close of business on July 31, 2026: PAA Common Units $0.4175 per Common Unit ($1.67 per unit on an annualized basis), which is unchanged from the distribution paid in May 2026.PAGP Class A Shares $0.4175 per Class A Share ($1.67 per Class A Share on an annualized basis), which is unchanged from the distribution paid in May 2026.PAA Series A Preferred Units $0.61524 per Series A Preferred Unit (approximately $2.46 per unit on an annualized basis). For its Series B Preferred Units, PAA announced a quarterly distribution of $20.50 per Series B Unit (based on the applicable quarterly floating rate), which will be payable on August 17, 2026, to holders of record at the close of business on August 3, 2026. Although equity holders should consult their own tax advisor regarding their particular circumstances, following the close of the NGL asset sale, it is possible that PAGP will report positive current earnings and profits for the Tax Year 2026, making part of its Class A Share cash distribution taxable as a dividend. The transaction is not estimated to result in a material change in the previous forecast regarding when routine PAGP distributions will shift from being a return of capital to being taxed as dividends or when PAGP will become a taxpaying entity. Following payment of quarterly distributions, Plains will publish Form 8937, Report of Organizational Actions Affecting Basis of Securities to clarify the expected portion of the quarterly distribution that will be taxed as a dividend. In addition, to the extent any cash distribution exceeds a Class A Shareholder's tax basis, it should be taxable as a capital gain. Qualified Notices under Treasury Regulation Section 1.1446 with respect to the PAA Common Unit distribution and PAA Series B Preferred Unit distribution will be posted on the Plains website under "Investor Relations Unit Information." Second Quarter 2026 Earnings Timing PAA and PAGP also announced that they will release second quarter 2026 earnings before market open on Friday, August 7, 2026. Following the announcement, PAA and PAGP will host a conference call at 9:00 a.m. CT (10 a.m. ET) with analysts and investors to discuss earnings. The call will be webcast live on the internet and may be accessed through the "Investors Relations" section of the website at www.plains.com. An audio replay will be available on the website after the call. About Plains PAA is a publicly traded master limited partnership that owns and operates midstream energy infrastructure and provides logistics services primarily for crude oil. PAA owns an extensive network of pipeline gathering and transportation systems, in addition to terminalling, storage, and other infrastructure assets serving key producing basins, transportation corridors and major market hubs and export outlets in the United States and Canada. PAGP is a publicly traded entity that owns an indirect, non-economic controlling general partner interest in PAA and an indirect limited partner interest in PAA, one of the largest energy infrastructure and logistics companies in North America. PAA and PAGP are headquartered in Houston, Texas. More information is available at www.plains.com. Investor Relations Contacts:Blake FernandezRoss [email protected](866) 809-1291
CNX Resources Corporation Announces Second Quarter 2026 Financial Results and Q&A Conference Call Schedule
PITTSBURGH, July 6, 2026 /PRNewswire/ -- CNX Resources Corp. (NYSE: CNX) will announce its financial results for Q2 2026 at 6:45 a.m. Eastern Time on Thursday, July 30. At that time, CNX will issue a brief press release containing links to its prepared remarks for the quarter, presentation materials, and supplemental information providing a Q2 2026 update. These materials will be available on CNX's Investor Relations website.This release will be followed by a Q&A conference call and webcast.Q&A Conference Call InformationCNX Resources (NYSE: CNX)10:00 a.m. ET: Thursday, July 30Dial-In: 855-656-0928 (domestic) 412-902-4112 (international)Reference "CNX Resources Call"Webcast: investors.cnx.comA replay of the Q&A conference call and webcast will be maintained on the Investor Relations page on CNX's website. About CNX ResourcesCNX Resources Corporation (NYSE: CNX) is unique. We are a premier, ultra-low carbon intensive natural gas development, production, midstream, and technology company centered in Appalachia, one of the most energy abundant regions in the world. With the benefit of a 162-year regional legacy, substantial asset base, leading core operational competencies, technology development and innovation, and astute capital allocation methodologies, we responsibly develop our resources and deploy free cash flow to create long-term per share value for our shareholders, employees, and the communities where we operate. As of December 31, 2025, CNX had 9.7 trillion cubic feet equivalent of proved natural gas reserves. The company is a member of the Standard & Poor's Midcap 400 Index. Additional information is available at www.cnx.com. View original content to download multimedia:https://www.prnewswire.com/news-releases/cnx-resources-corporation-announces-second-quarter-2026-financial-results-and-qa-conference-call-schedule-302818586.htmlSOURCE CNX Resources Corporation
TechnipFMC Awarded Subsea Contract for Eni's Baleine Phase 3 Development Offshore Côte d'Ivoire
Related Quotes Technipfmc Plc Ordinary Share 67.59 0.33 0.49% Enter Symbols: TechnipFMC Awarded Subsea Contract for Eni's Baleine Phase 3 Development Offshore Côte d'Ivoire NEWCASTLE & HOUSTON, Jul. 06 /BusinessWire/ -- TechnipFMC (NYSE:FTI) has been awarded a significant(1) contract by Eni SpA (ENI:MI) for Baleine Phase 3, a fast-track development to expand production from the largest hydrocarbon discovery offshore Côte d'Ivoire. TechnipFMC will design and manufacture flexible flowlines and risers to connect wells in water depths of approximately 1,200 meters to a new floating production unit. Jonathan Landes, President, Subsea for TechnipFMC, commented: "This award marks the continued expansion of our collaboration with Eni. We are excited to apply our expertise to provide a robust flexible pipe solution with schedule certainty in support of this fast-track project." (1) For TechnipFMC, a "significant" award is valued between $75 million and $250 million. This award was included in inbound orders in the second quarter of 2026. Important Information for Investors and Securityholders Forward-Looking Statement This release contains "forward-looking statements" as defined in Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. The words "expect," "believe," "estimated," and other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature. Such forward-looking statements involve significant risks, uncertainties and assumptions that could cause actual results to differ materially from our historical experience and our present expectations or projections. For information regarding known material factors that could cause actual results to differ from projected results, including our assumptions and projections regarding the expected benefits of the awarded contract, please see our risk factors set forth in our filings with the United States Securities and Exchange Commission, which include our Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K. We caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. We undertake no obligation to publicly update or revise any of our forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise, except to the extent required by law. About TechnipFMC TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services. With our proprietary technologies and comprehensive solutions, we are transforming our clients' project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions. Organized in two business segments - Subsea and Surface Technologies - we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI®, iFEED™ and iComplete®), technology leadership and digital innovation. Each of our approximately 22,000 employees is driven by a commitment to our clients' success, and a culture of strong execution, purposeful innovation, and challenging industry conventions. TechnipFMC uses its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on X @TechnipFMC. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706755491/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
Granite Ridge Resources Schedules Second Quarter 2026 Earnings Conference Call
Related Quotes Granite Ridge Resources Inc 4.30 0.12 2.71% Enter Symbols: Granite Ridge Resources Schedules Second Quarter 2026 Earnings Conference Call DALLAS, Jul. 06 /BusinessWire/ -- Granite Ridge Resources, Inc. ("Granite Ridge" or the "Company") (NYSE:GRNT) today announced that it will report its financial and operating results for the second quarter of 2026 on Thursday, August 6, 2026, after market close. The Company will host a webcast and conference call on Friday, August 7, 2026, at 10:00 a.m. central time to discuss its second quarter 2026 financial and operating results. The details are as follows: When: Friday, August 7, 2026, at 10:00 a.m. CT Where: https://ir.graniteridge.com Webcast: To access the live webcast, please click the webcast link Dial-in / Q&A Participation: 1. Click on the call link and complete the online registration form. 2. Upon registering you will receive the dial-in info and a unique PIN to join the call as well as an email confirmation with the details. 3. Select method for joining the call: a. Dial-in: A dial-in number and unique PIN will be displayed to connect directly from your phone. b. Call Me: Enter your phone number and click "Call Me" for an immediate callback from the system. The call will come from a US number. About Granite Ridge Granite Ridge is a scaled energy company which aims to provide shareholders with exposure similar to energy private equity through operated partnerships and traditional non-operated assets. We own assets in six prolific unconventional basins across the United States. We aim to deliver a diversified portfolio with best-in-class full cycle returns by investing in a large number of high-graded deals developed by proven public and private operators. We focus on success as measured by total shareholder returns, which we seek to balance with a low leverage profile. Learn more at www.graniteridge.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706275890/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.
California Resources Corporation Schedules Second Quarter 2026 Earnings Conference Call
Related Quotes California Resources Corporation 51.26 0.49 0.95% Enter Symbols: California Resources Corporation Schedules Second Quarter 2026 Earnings Conference Call LONG BEACH, Calif., July 06, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) plans to release its second quarter 2026 financial results on Monday, August 10th before market hours. The Company will hold a conference call to discuss these financial results on Monday, August 10th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). We encourage participants to pre-register for the conference call using the following link: https://dpregister.com/sreg/10209577/1041fba52bd. Callers who pre-register will be given a conference passcode and unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time. To participate in CRC's conference call, either dial (877) 328-5505 (International callers please dial +1-412-317-5421) or access the webcast at www.crc.com. A digital replay of the conference call will be archived for approximately 90 days and available on the Investor Relations page at www.crc.com. About California Resources Corporation California Resources Corporation (CRC) is an independent energy and carbon management company advancing the energy transition. CRC is committed to environmental stewardship while safely providing local, responsibly sourced energy. CRC is also focused on maximizing the value of its land, mineral ownership, and energy expertise for decarbonization by developing carbon capture and storage and other emissions-reducing projects. For more information about CRC, please visit www.crc.com. Contacts: Daniel Juck(Investor Relations)Hailey Bonus(Media)[email protected]@crc.com
BLUENERGIES AND TOTALENERGIES PROGRESS OPERATIONS, HARPER BASIN, OFFSHORE LIBERIA
TSXV: BLU | OTCQX: BLUGF | Frankfurt: 66EVANCOUVER, BC, July 6, 2026 /CNW/ - BluEnergies Ltd. (TSXV: BLU) ("BLU" or the "Company") is pleased to provide an operations update on the work program currently being conducted on the blocks LB-26, LB-30 and LB-31 (the "Blocks") jointly with TotalEnergies (NYSE: TTE) ("TTE") in the Harper Basin, offshore Liberia. The work program, designed to confirm and enhance drillable prospects within the Blocks, is on schedule and comprises the following operations:Reprocessing the 6,167 sq kms of 3-D seismic dataOn behalf of BLU and TTE, TGS ASA (Oslo), ("TGS") a leading provider of advanced data in the energy sector, is reprocessing the entire 3D seismic data set. This important process is on schedule, over 50% complete, with preliminary results to date. The primary goal of the data reprocessing is to enhance the seismic character/definition and the AVO content (Direct Hydrocarbon Indicator) of the original 3-D seismic survey completed by TGS in 2013.Sea Bottom Survey: Multi Beam Echo Sounder Survey, Seabed Geochemical Sampling & Heat Flow MeasurementsOn behalf of BLU and TTE, GeoPartners Limited, a London based international company specialized in providing geophysical and geological services, is conducting within the Blocks a Multi-Beam Eco Sounder survey ("MBES") comprising an area of 4,045 km² in water depths ranging from 500 meters to 3,500 meters. GeoPartners is utilizing the R/V GYRE vessel owned and operated by TDI-Brooks, a Texas based offshore survey company with more than 30 years of experience providing geotechnical investigations, geochemical seep surveys and marine science worldwide. This data acquisition commenced on June 19, 2026, with expected completion in 3Q 2026 allowing for early integration into a refined 3-D seismic data interpretation.The MBES is designed to map underwater terrain, aiding in identifying sea bottom anomalies, supporting the safe selection of future drilling locations. More specifically, the MBES identifies seabed geomorphologies (pockmarks, mud volcanoes, faults, etc.) and the presence of anomalous features (carbonates, outcrops, bacterial mats, etc.); it also performs water column imaging for the detection of anomalies related to seepage of hydrocarbons through the sea bottom.Seabed Geochemical Sampling is conducted through piston coring to collect evidence of migrated mature hydrocarbons (detection of fluorescent/natural oil compounds, hydrocarbon chromatography, thermogenic origin, etc.)Heat Flow Measurements are being performed to collect information about the relative sediment temperature and the thermal history of the undrilled Harper basin.This project completion is expected by 4Q 2026, allowing for the integration of the data into a refined 3-D data re-interpretation of the numerous leads (basin floor fans) within the Blocks.All of these program initiatives are focused on identifying drillable prospects and assisting in the selection of optimal drilling locations.Sergio Laura, BluEnergies' VP of Exploration stated, "The West Africa Transform Margin, where the Harper basin is located, and its conjugate South American Margin are regions where basin floor fan plays are being actively and successfully explored, developed and produced. The recent, hectic activity by major oil companies in securing licenses for deepwater acreage along the entire Africa west margin is confirmation that the early move by BluEnergies in the Harper basin (2023) was a valid one. The Jubilee field in Ghana, the Venus field in Namibia, and the recent discoveries offshore Cote d'Ivoire have proven the significance of basin floor fan plays along the African margin."About BluEnergies Ltd.BluEnergies Ltd. is a Canadian based oil and gas exploration and development company focused on offshore West Africa. The Company has recently partnered with TotalEnergies to explore its basin floor fan play in Blocks LB-26, LB-30, and LB-31 covering an area of approximately 8,924 square kilometers (~2.2 million acres) located in the Harper basin, in the deep-water offshore Liberia. Additionally, the Company recently acquired a previously discovered and tested sand channel play offshore Louisiana in the shallow water Gulf of America. For additional information on BluEnergies Ltd., please refer to the Company's website, www.blu-energies.com.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking InformationStatements included in this news release, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements". Forward-looking statements may be identified by words including "anticipates", "believes", "intends", "estimates", "expects" and similar expressions. The Company cautions readers that forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements. SOURCE BluEnergies Ltd. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/July2026/06/c4624.html
ProFrac Holding Corp. Completes Refinancing of Asset-Based Lending Facility and Enhances Financial Flexibility
Related Quotes Profrac Holding Corp - Class A 5.15 0.34 6.19% Enter Symbols: ProFrac Holding Corp. Completes Refinancing of Asset-Based Lending Facility and Enhances Financial Flexibility WILLOW PARK, Texas, Jul. 06 /BusinessWire/ -- ProFrac Holding Corp. (NASDAQ:ACDC) ("ProFrac" or the "Company") today announced that, on July 1, 2026, ProFrac Holdings II, LLC, as borrower (the "ABL Borrower"), the guarantors party thereto and the lenders party thereto entered into a new credit agreement with Eclipse Business Capital LLC ("Eclipse"), as agent, collateral agent, swingline lender, lead arranger and bookrunner, providing for a $300 million asset-based revolving credit facility (the "Eclipse ABL Credit Facility"), which refinanced and replaced the Company's preexisting $275 million asset-based revolving credit facility under that certain Credit Agreement, dated as of March 4, 2022, with JPMorgan Chase Bank, N.A., as agent and collateral agent, as most recently amended by the Ninth Amendment to Credit Agreement, dated as of March 3, 2026 (the "Preexisting JPM ABL Facility"). The Eclipse ABL Credit Facility will mature in July 2030. Highlights Refinances the Preexisting JPM ABL Facility, which would mature in September 2027, with the Eclipse ABL Credit Facility, which matures in July 2030 Provides improved borrowing base terms to position the Company with increased liquidity Improves maximum facility size from $275 million to $300 million Extends the Company's ABL maturity profile and provides additional runway Transaction Overview Proceeds of loans under the Eclipse ABL Credit Facility were used to repay amounts outstanding under the Preexisting JPM ABL Facility and to pay certain fees and expenses. This refinancing transaction provides the Company with additional liquidity compared to the Preexisting JPM ABL Facility and an extended ABL maturity profile to support continued execution of its strategic initiatives. The credit agreement governing the Eclipse ABL Credit Facility (the "Eclipse Credit Agreement") provides for revolving commitments of up to $300 million on the closing date, compared to $275 million under the Preexisting JPM ABL Facility, and includes an uncommitted accordion feature that permits the ABL Borrower to request increases in the facility of up to $25 million in the aggregate, subject to the terms and conditions set forth therein, for a maximum facility size of up to $325 million. The Eclipse ABL Credit Facility is secured by liens on substantially all of the assets of the ABL Borrower and the guarantors, subject to permitted liens, certain exceptions and the applicable intercreditor agreement. The liens securing the Eclipse ABL Credit Facility are first-priority liens on current asset collateral and, to the extent applicable, second-priority liens on fixed asset collateral. Borrowings under the Eclipse Credit Agreement bear interest at Adjusted Term SOFR plus 4.25% until January 1, 2027, and thereafter at a per annum rate equal to either (i) the Base Rate plus an applicable margin ranging from 3.00% to 3.50% or (ii) Adjusted Term SOFR plus an applicable margin ranging from 4.00% to 4.50%, in each case based on availability and a fixed charge coverage ratio pricing grid. The Eclipse Credit Agreement matures on July 1, 2030, unless terminated earlier in accordance with its terms, and borrowings thereunder are subject to customary conditions precedent. The Eclipse Credit Agreement also contains various representations, warranties and affirmative and negative covenants that the Company considers customary for asset-based lending facilities. The Eclipse Credit Agreement contains customary events of default, including, without limitation, nonpayment of principal, reimbursement obligations in respect of letters of credit, interest, fees or other amounts, material inaccuracy of representations and warranties, covenant defaults, cross-defaults to certain material indebtedness, insolvency proceedings, judgments, ERISA events, change of control and certain invalidity or unenforceability events. During the continuance of an event of default, the applicable interest rate may increase by 2.00%, subject to certain exceptions and cure rights. The foregoing description is a summary of the material terms of the Eclipse Credit Agreement and is not complete and is subject to, and qualified in its entirety by, the complete text of the Eclipse Credit Agreement which will be filed as an exhibit to the Company's Current Report on Form 8-K. Advisors Moelis & Company LLC acted as exclusive placement agent, and Gibson, Dunn & Crutcher LLP acted as legal counsel to ProFrac in connection with the refinancing. About ProFrac Holding Corp. ProFrac Holding Corp. is a technology-focused, vertically integrated, innovation-driven energy services holding company providing hydraulic fracturing, proppant production, other completion services and other complementary products and services including distributed power generation to leading upstream oil and natural gas companies engaged in the exploration and production ("E&P") of North American unconventional oil and natural gas resources throughout the United States. ProFrac operates in four business segments: Stimulation Services, Proppant Production, Manufacturing, and Flotek. For more information, please visit ProFrac's website at www.PFHoldingsCorp.com. Cautionary Statement Regarding Forward-Looking Statements Certain statements in this press release may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be accompanied by words such as "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "momentum," or similar words. Forward-looking statements relate to future events or the Company's future financial or operating performance. These forward-looking statements include, among other things, statements regarding: the Company's strategies and plans for growth; the Company's positioning, resources, capabilities, and expectations for future performance; customer, market and industry demand and expectations; customer contracts, activity, relations, or pricing; fleet deployment levels; the Company's expectations about price fluctuations, global activity, market reactions and macroeconomic conditions impacting the industry; competitive conditions in the industry; success of the Company's ongoing strategic initiatives; the Company's intention to increase the number of fully integrated fleets; the Company's currently expected guidance regarding its 2026 financial and operational results; the Company's ability to earn its targeted rates of return; the Company's ability to achieve or realize benefits from its asset optimization program; pricing of the Company's services in light of the prevailing market conditions; the Company's currently expected guidance regarding its planned capital expenditures; statements regarding the Company's liquidity and debt obligations; the Company's anticipated timing for operationalizing and amount of contribution from its fleets and its sand mines; the amount of capital that may be available to the Company in future periods; any financial or other information based upon or otherwise incorporating judgments or estimates relating to future performance, events or expectations; any estimates and forecasts of financial and other performance metrics; and the Company's outlook and financial and other guidance. Such forward-looking statements are based upon assumptions made by the Company as of the date hereof and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: the ability to achieve the anticipated benefits of the Company's acquisitions, mining operations, and vertical integration strategy, including risks and costs relating to integrating acquired assets and personnel; risks that the Company's actions intended to achieve its 2026 financial and operational guidance will be insufficient to achieve that guidance, either alone or in combination with external market, industry or other factors; the failure to operationalize or utilize to the extent anticipated the Company's fleets and sand mines in a timely manner or at all; the Company's ability to deploy capital in a manner that furthers the Company's growth strategy, as well as the Company's general ability to execute its business plans; the risk that the Company may need more capital than it currently projects or that capital expenditures could increase beyond current expectations; risks regarding the ability to access to additional capital on acceptable terms or at all; industry conditions, including fluctuations in supply, demand and prices for the Company's products and services and for oil and natural gas; global and regional economic and financial conditions, including as they may be affected by hostilities in the Middle East and in Ukraine, as well as the instability in Venezuela; the effectiveness of the Company's risk management strategies; and other risks and uncertainties set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's filings with the Securities and Exchange Commission ("SEC"), which are available on the SEC's website at www.sec.gov. Nothing in this press release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved, in whole or part, or that any of the contemplated results of such forward-looking statements will be realized, including without limitation any expectations about the Company's operational and financial performance or achievements through and including 2026. There may be additional risks about which the Company is presently unaware or that the Company currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. The reader should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The Company anticipates that subsequent events and developments will cause its assessments to change. However, while the Company may elect to update these forward-looking statements at some point in the future, it expressly disclaims any duty to update these forward-looking statements, except as otherwise required by law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706167550/en/ back Private-label branded pages powered by TickerTech.com. Copyright © 2026 Ticker Technologies, All Rights Reserved. Quote data is at least 20 minutes delayed. NYMEX data is at least 30 minutes delayed. Please read other important disclaimer information.