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TC Energy announces consideration of U.S. Junior Subordinated Notes Offering by TransCanada PipeLines Limited
TC Energy announces consideration of U.S. Junior Subordinated Notes Offering by TransCanada PipeLines Limited CALGARY, Alberta, Oct. 06, 2025 (GLOBE NEWSWIRE) -- News Release - TC Energy Corporation (TSX, NYSE:TRP) (TC Energy or the Company) today announced that TransCanada PipeLines Limited (TCPL) is considering an offering of U.S. Junior Subordinated Notes (Notes). If a successful offering is completed, the Company intends to use the net proceeds to redeem its issued and outstanding Cumulative Redeemable First Preferred Shares, Series 11 (TSX:TRP.PR.G.CA) pursuant to their terms, to reduce indebtedness as well as for general corporate purposes. There is no certainty that TCPL will ultimately complete the offering being considered or as to the timing or terms on which such an offering might be completed. It is expected that, if the offering is commenced, the Notes would be issued by way of a prospectus supplement to TCPL's short form base shelf prospectus dated Dec. 5, 2024 included in its registration statement on Form F-10 filed with the U.S. Securities and Exchange Commission (SEC). A copy of such prospectus supplement will be available free of charge on the SEC website at http://www.sec.gov or potential investors may request such prospectus supplement from Morgan Stanley & Co. LLC toll free at +1 (866) 718-1649, BofA Securities, Inc. toll free at +1 (800) 294-1322, J.P. Morgan Securities LLC collect at +1 (212) 834-4533, RBC Capital Markets, LLC toll free at +1 (866) 375-6829 or Wells Fargo Securities LLC toll free at +1 (800) 645-3751. This news release does not constitute an offer to sell or the solicitation of an offer to buy the Notes. The Notes have not been approved or disapproved by any regulatory authority in Canada or the United States. The Notes will not be offered in Canada or to any resident of Canada. About TC EnergyWe are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. Every day, our dedicated team proudly connects the world to the energy it needs, moving over 30 per cent of the cleaner-burning natural gas used across the continent. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure fuels industries and generates affordable, reliable and sustainable power across North America, while enabling LNG exports to global markets. Our business is based on the connections we make. By partnering with communities, businesses and leaders across our extensive energy network, we unlock opportunity today and for generations to come. TC Energy's common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. FORWARD-LOOKING INFORMATIONThis release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as "anticipate", "expect", "believe", "may", "will", "should", "estimate", "intend" or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management's assessment of TC Energy's and its subsidiaries' future plans and financial outlook. All forward-looking statements reflect TC Energy's beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy's profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov. Media Inquiries:Media Relationsmedia@tcenergy.com 403-920-7859 or 800-608-7859 Investor & Analyst Inquiries:Gavin Wylie / Hunter Mauinvestor_relations@tcenergy.com403-920-7911 or 800-361-6522 PDF available: ml.globenewswire.com/Resource/Download/98c1b4ae-5ada-40df-a9fd-b813c1c697b5
New Fortress Energy Achieves First Fire at CELBA 2 Power Plant
New Fortress Energy Achieves First Fire at CELBA 2 Power Plant NEW YORK, Oct. 06 /BusinessWire/ -- New Fortress Energy Inc. (NASDAQ:NFE) (the "Company") today announced that it has achieved first fire at its 624 MW CELBA 2 Power Plant in northern Brazil, marking a major operational milestone toward commercial operations. The first fire signifies the successful initial ignition of the plant's gas turbines and the start of the hot commissioning process. COD for the plant is expected later this year. Once operational, CELBA 2 will provide reliable power to the region through NFE's integrated gas and power infrastructure in Barcarena. "First fire at CELBA 2 represents another significant achievement for our operations in Brazil," said Jeremy Dawson, Managing Director at New Fortress Energy. "Our Barcarena terminal has a total of 2.2 GW of power under development, including the 624 MW CELBA 2 Power Plant and the 1.6 GW PortoCem Power Plant," said Leandro Cunha, Managing Director at New Fortress Energy. "PortoCem is fully financed, construction is approximately 75% complete, and the project is expected to begin operations by August 2026. In addition to our existing portfolio, we are well positioned to participate in Brazil's upcoming power auctions scheduled for March." About New Fortress Energy Inc. New Fortress Energy Inc. (NASDAQ: NFE) is a global energy infrastructure company founded to address energy poverty and accelerate the world's transition to reliable, affordable, and clean energy. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure and an integrated fleet of ships and logistics assets to rapidly deliver turnkey energy solutions to global markets. Collectively, the Company's assets and operations reinforce global energy security, enable economic growth, enhance environmental stewardship and transform local industries and communities around the world. Cautionary Statement Concerning Forward-Looking Statements This press release contains certain statements and information that may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release other than historical information are forward-looking statements that involve known and unknown risks and relate to future events, our future financial performance or our projected business results. You can identify these forward-looking statements by the use of forward-looking words such as "expects," "may," "will," "can," "could," "should," "predicts," "intends," "plans," "estimates," "anticipates," "believes," "schedules," "progress," "targets," "budgets," "outlook," "trends," "forecasts," "projects," "guidance," "focus," "on track," "goals," "objectives," "strategies," "opportunities," "poised," or the negative version of those words or other comparable words. Forward looking statements include our expectations regarding the execution of the gas supply contract. These forward-looking statements are necessarily estimates based upon current information and involve a number of risks, uncertainties and other factors, many of which are outside of the Company's control. Actual results or events may differ materially from the results anticipated in these forward-looking statements. Specific factors that could cause actual results to differ from those in the forward-looking statements include, but are not limited to: risks related to the operation and maintenance of our facilities; failure of third-party contractors, equipment manufacturers, suppliers and operators to perform their obligations for the development, construction and operation of the power plant; the receipt of permits, approvals and authorizations from governmental and regulatory agencies on a timely basis or at all. These factors are not necessarily all of the important factors that could cause actual results to differ materially from those expressed in any of the Company's forward-looking statements. Other known or unpredictable factors could also have material adverse effects on future results. Any forward-looking statement speaks only as of the date on which it is made, and we undertake no duty to update or revise any forward-looking statements, even though our situation may change in the future or we may become aware of new or updated information relating to such forward-looking statements. New factors emerge from time to time, and it is not possible for the Company to predict all such factors. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements included in New Fortress Energy Inc.'s annual and quarterly reports filed with the Securities and Exchange Commission, which could cause its actual results to differ materially from those contained in any forward-looking statement. View source version on businesswire.com: https://www.businesswire.com/news/home/20251006768472/en/ back
Pembina Pipeline Provides Update on Greenlight Electricity Centre
Pembina Pipeline Provides Update on Greenlight Electricity Centre CALGARY, Alberta, Oct. 06 /BusinessWire/ -- Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL; NYSE:PBA) along with its partner Kineticor, an OPTrust portfolio company (collectively the "Partners"), provided updates today on the development of the proposed Greenlight Electricity Centre (the "Project"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251006451860/en/ The Project is a multi-phased gas-fired combined cycle power generation facility, to be located in Sturgeon County, Alberta, with a capacity of up to approximately 1,800 megawatts ("MW") designed to advance Alberta's innovation economy. With its stable, abundant, and competitive power supply and supportive investment and regulatory environment, Alberta is uniquely positioned to become a North American leader in innovation infrastructure. The Partners are committed to supporting this vision and are positioned to capture first mover advantage in the delivery of reliable, scalable, and cost-effective power solutions. "Through their combined efforts, government, industry, and local stakeholders can capitalize on a multi-billion-dollar investment opportunity that will create jobs, foster innovation, and grow the economy," said Scott Burrows, Pembina's President and Chief Executive Officer. "Greenlight is making great progress on all the pieces required to successfully bring to fruition one of the largest power projects in Canada while supporting the significant load growth coming to Alberta," said Andrew Plaunt, CEO of Kineticor. The Project is benefiting from Kineticor's significant power development experience. Further, this represents an on-strategy extension of Pembina's existing value chain and a new platform to enhance growth by integrating with its existing core assets, creating incremental demand for natural gas and associated liquids production within western Canada, investing in long-term contracted infrastructure with investment grade counterparties, and diversifying its customer base. Pembina is well positioned to leverage the assets and capabilities of its current core business to further support the Project and serve customer demand for gas egress and liquids handling and transportation. The first phase, at approximately 900 MW, would increase natural gas demand in Alberta's Industrial Heartland by approximately 160 million cubic feet per day ("mmcf/d"), with the potential to double to approximately 320 mmcf/d based on the Project's potential ultimate capacity of approximately 1,800 MW. The proximity of Pembina's Alliance Pipeline offers a potential accretive expansion opportunity to provide significant natural gas supply to the Greenlight Electricity Centre. Recent Milestones and Commercial Progress The Partners, through Greenlight Electricity Centre Limited Partnership ("Greenlight"), continue to demonstrate significant and growing momentum towards commercialization of the Project: AESO Allocation Secured - Greenlight successfully advanced through Phase 1 of the Alberta Electric System Operator ("AESO") large load allocation process and through subsequent commercial efforts secured a 907 MW allocation. This allocation has been assigned to a potential customer (the "Customer") and would allow an innovation infrastructure development to begin operating prior to the Project entering service. Grid Connection - the Customer has entered into a Demand Transmission Service agreement with the AESO for 907 MW. This would ensure a connection to the Alberta electrical transmission system and access to power as early as 2027. Land Purchase and Sale Agreement - Greenlight and the Customer have entered into a conditional purchase and sale agreement for land, which includes a power connection, owned by Greenlight and Pembina. The approximately $190 million (net to Pembina) land sale is expected to close in the fourth quarter of 2025, subject to certain conditions. Pembina, through Greenlight, will continue to invest a portion of the proceeds into the Project for ongoing development, with the remaining funds accruing to Pembina to be used to reduce debt outstanding. Major Equipment Reservation - Greenlight has entered into a reservation agreement (the "Reservation Agreement") for two turbines with a reputable power OEM that provides certainty on equipment availability and delivery timing for the first phase of the Project. This supports the current schedule with start-up of the Project as early as 2030. Path to Final Investment Decision - efforts continue towards a final investment decision ("FID") in the first half of 2026. The FID will be contingent upon, amongst other things, signing an energy supply agreement with the Customer and entering into engineering, procurement and construction agreement(s), with both workstreams having been progressed. Pembina and Kineticor remain focused on advancing the Project to support Alberta's economic goals. By delivering reliable and scalable power solutions, the Project is poised to play a pivotal role in attracting investment, driving innovation, fostering sustainable growth in the province, and extending Pembina's natural gas value-chain into new demand markets. About Greenlight Greenlight Electricity Centre Limited Partnership is an equal partnership between Pembina and Kineticor, an OPTrust portfolio company. For further information, please visit www.greenlightelectricitycentre.ca. About Pembina Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America's energy industry for more than 70 years. Pembina owns an extensive network of strategically located assets, including hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and an export terminals business. Through our integrated value chain, we seek to provide safe and reliable energy solutions that connect producers and consumers across the world, support a more sustainable future and benefit our customers, investors, employees and communities. For more information, please visit www.pembina.com. Purpose of Pembina: We deliver extraordinary energy solutions so the world can thrive. Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division. Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. For more information, visit www.pembina.com. About Kineticor Kineticor Asset Management is a developer, operator and asset manager of power generation facilities in Alberta. With a portfolio exceeding 2700 MW in various stages of development and operations, we are committed to efficiently creating innovative power solutions that support Canada's evolving power needs. For more information, please visit www.kineticor.ca. About OPTrust With net assets of $26 billion, OPTrust invests and manages one of Canada's largest pension funds on behalf of over 114,000 members. OPTrust is a global investor in a broad range of asset classes including Canadian and foreign equities, fixed income, real estate, infrastructure and private markets, and has a team of highly experienced investment professionals located in Toronto, London, and Sydney. For more information, please visit www.optrust.com. Forward-Looking Statements and Information This news release contains certain forward-looking statements and forward-looking information (collectively, "forward-looking statements"), including forward-looking statements within the meaning of the "safe harbor" provisions of applicable securities legislation that are based on Pembina's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In some cases, forward-looking statements can be identified by terminology such as "expect", "intend", "will", "would", "shall", and similar expressions suggesting future events or future performance. In particular, this news release contains forward-looking statements pertaining to, without limitation, the following: expectations relating to Greenlight and the development of the Project, including the anticipated costs, timing, outcomes and benefits; current and future activities and operations with respect to the Project; expectations regarding the timing of the final investment decision; expectations regarding the costs and timing of the land sale to the Customer; expectations regarding the timing, terms, conditions and benefits of the required commercial agreements, including the Demand Transmission Service agreement and Reservation Agreement; and expectations about industry activities and development opportunities, including outlooks for future economic conditions and industry developments. These forward-looking statements are based on certain assumptions that Pembina has made in respect thereof as at the date of this news release, including: the availability and sources of capital, operating costs, ongoing utilization and future expansions; that any required commercial agreements can be reached and the terms on which they can be reached; that all required regulatory and environmental approvals can be obtained on acceptable terms and in a timely manner; that there are no supply chain disruptions impacting Greenlight's ability to obtain required equipment, materials or labour; that counterparties will comply with contracts in a timely manner; that there are no unforeseen events preventing the performance of contracts or the completion of the Project; prevailing regulatory, tax and environmental laws and regulations; and certain other assumptions in respect of Pembina's forward-looking statements detailed in Pembina's Annual Information Form for the year ended December 31, 2024 (the "AIF") and Management's Discussion and Analysis for the year ended December 31, 2024 (the "Annual MD&A"), which were each filed on SEDAR+ on February 27, 2025, in Pembina's Management's Discussion and Analysis for the three and six months ended June 30, 2025 (the "Interim MD&A"), which was filed on SEDAR+ on August 7, 2025 and from time to time in Pembina's public disclosure documents available at www.sedarplus.ca, www.sec.gov and through Pembina's website at www.pembina.com. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: the regulatory environment and decisions and Indigenous and landowner consultation requirements; the impact of competitive entities and pricing; reliance on key relationships, joint venture partners and agreements; labour and material shortages; the strength and operations of the oil and natural gas production industry and related commodity prices; non-performance or default by contract counterparties; actions by governmental or regulatory authorities, including changes in tax laws and treatment, changes in royalty rates, changes in regulatory processes or increased environmental regulation fluctuations in operating results; adverse general economic and market conditions, including potential recessions in Canada, North America and worldwide resulting in changes, or prolonged weaknesses, as applicable, in interest rates, foreign currency exchange rates, inflation rates, commodity prices, supply/demand trends and overall industry activity levels; constraints on, or the unavailability of, adequate supplies, infrastructure or labour; the political environment in North America and elsewhere, and public opinion; the ability to access various sources of debt and equity capital; adverse changes in credit ratings; counterparty credit risk; technology and cyber security risks; natural catastrophe; and certain other risks and uncertainties detailed in the AIF, Annual MD&A, Interim MD&A and from time to time in Pembina's public disclosure documents available at www.sedarplus.ca, www.sec.gov and through Pembina's website at www.pembina.com. This list of risk factors should not be construed as exhaustive. Readers are cautioned that events or circumstances could cause actual results to differ materially from those predicted, forecasted or projected by forward-looking statements contained herein. The forward-looking statements contained in this news release speak only as of the date hereof. Pembina does not undertake any obligation to publicly update or revise any forward-looking statements or information contained herein, except as required by applicable laws. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement. View source version on businesswire.com: https://www.businesswire.com/news/home/20251006451860/en/ back
Transaction in Own Shares
Transaction in Own Shares Transaction in Own Shares 3 October, 2025 o o o o o o o o o o o o o o o o Shell plc (the `Company') announces that on 3 October, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 31 July 2025. In respect of this programme, HSBC Bank plc will make trading decisions in relation to the securities independently of the Company for a period from 31 July 2025 up to and including 24 October 2025. The on-market limb will be effected within certain pre-set parameters and in accordance with the Company's general authority to repurchase shares on-market. The off-market limb will be effected in accordance with the Company's general authority to repurchase shares off-market pursuant to the off-market buyback contract approved by its shareholders and the pre-set parameters set out therein. The programme will be conducted in accordance with Chapter 9 of the UK Listing Rules and Article 5 of the Market Abuse Regulation 596/2014/EU dealing with buy-back programmes ("EU MAR") and EU MAR as "onshored" into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310), from time to time ("UK MAR") and the Commission Delegated Regulation (EU) 2016/1052 (the "EU MAR Delegated Regulation") and the EU MAR Delegated Regulation as "onshored" into UK law from the end of the Brexit transition period (at 11:00 pm on 31 December 2020) through the European Union (Withdrawal) Act 2018 (as amended by the European Union (Withdrawal Agreement) Act 2020), and as amended, supplemented, restated, novated, substituted or replaced by the Financial Services Act, 2021 and relevant statutory instruments (including, The Market Abuse (Amendment) (EU Exit) Regulations (SI 2019/310), from time to time. In accordance with EU MAR and UK MAR, a breakdown of the individual trades made by HSBC Bank plc on behalf of the Company as a part of the buy-back programme is detailed below. Enquiries Media: International +44 (0) 207 934 5550; U.S. and Canada: https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html LEI number of Shell plc: 21380068P1DRHMJ8KU70 Classification: Acquisition or disposal of the issuer's own shares Attachment Shell RNS (Extended) 20251003
Cheniere Announces Timing of Third Quarter 2025 Earnings Release and Conference Call
Cheniere Announces Timing of Third Quarter 2025 Earnings Release and Conference Call HOUSTON, Oct. 03 /BusinessWire/ -- Cheniere Energy, Inc. ("Cheniere") (NYSE:LNG) announced today that it plans to issue its earnings release with respect to third quarter 2025 financial results on Thursday, October 30, 2025 before the market opens. Cheniere will host a conference call for investors and analysts at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) that day to discuss third quarter results. A listen-only webcast of the call and accompanying slide presentation will be available at www.cheniere.com. After completion of the webcast, a replay will be available on the Cheniere website. About Cheniere Cheniere Energy, Inc. is the leading producer and exporter of liquefied natural gas ("LNG") in the United States, reliably providing a clean, secure, and affordable solution to the growing global need for natural gas. Cheniere is a full-service LNG provider, with capabilities that include gas procurement and transportation, liquefaction, vessel chartering, and LNG delivery. Cheniere has one of the largest liquefaction platforms in the world, consisting of the Sabine Pass liquefaction facility, wholly-owned by its subsidiary Cheniere Energy Partners, L.P. (NYSE:CQP), and the Corpus Christi liquefaction facility, each on the U.S. Gulf Coast with total combined production capacity of approximately 49 million tonnes per annum ("mtpa") of LNG in operation and an additional over 12 mtpa of expected production capacity under construction or in commissioning. Cheniere is also pursuing liquefaction expansion opportunities and other projects along the LNG value chain. Cheniere is headquartered in Houston, Texas, and has additional offices in London, Singapore, Beijing, Tokyo, Dubai and Washington, D.C. For additional information, please refer to the Cheniere website at www.cheniere.com and Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, filed with the Securities and Exchange Commission. Forward-Looking Statements This press release contains certain statements that may include "forward-looking statements" within the meanings of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical or present facts or conditions, included herein are "forward-looking statements." Included among "forward-looking statements" are, among other things, (i) statements regarding Cheniere's financial and operational guidance, business strategy, plans and objectives, including the development, construction and operation of liquefaction facilities, (ii) statements regarding regulatory authorization and approval expectations, (iii) statements expressing beliefs and expectations regarding the development of Cheniere's LNG terminal and pipeline businesses, including liquefaction facilities, (iv) statements regarding the business operations and prospects of third-parties, (v) statements regarding potential financing arrangements, (vi) statements regarding future discussions and entry into contracts, (vii) statements relating to Cheniere's capital deployment, including intent, ability, extent, and timing of capital expenditures, debt repayment, dividends, share repurchases and execution on the capital allocation plan and (viii) statements relating to our goals, commitments and strategies in relation to environmental matters. Although Cheniere believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Cheniere's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in Cheniere's periodic reports that are filed with and available from the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required under the securities laws, Cheniere does not assume a duty to update these forward-looking statements. View source version on businesswire.com: https://www.businesswire.com/news/home/20251002047622/en/ back
Advisory: Chevron Corporation's 3Q 2025 Earnings Conference Call and Webcast
Advisory: Chevron Corporation's 3Q 2025 Earnings Conference Call and Webcast HOUSTON, Oct. 03 /BusinessWire/ -- Chevron Corporation (NYSE:CVX), one of the world's leading energy companies, will hold its quarterly earnings conference call on Friday, October 31, 2025, at 11:00 a.m. ET (10:00 a.m. CT). Conference Call Information: Date: Friday, October 31, 2025 Time: 11:00 a.m. ET / 10:00 a.m. CT Dial-in # (Listen-only mode): 888-256-9157 Conference ID #: 5158291 Speakers: Mike Wirth - Chairman of the Board & Chief Executive Officer Eimear Bonner - Vice President & Chief Financial Officer Jake Spiering - Head of Investor Relations To access the live webcast, visit www.chevron.com. The meeting replay will also be available on the company website under the "Investors" section. Chevron is one of the world's leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow new businesses in renewable fuels, carbon capture and offsets, hydrogen, power generation for data centers, and emerging technologies. More information about Chevron is available at www.chevron.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20251003989968/en/ back
Brookfield Business Partners to Host Third Quarter 2025 Results Conference Call
Brookfield Business Partners to Host Third Quarter 2025 Results Conference Call Date: Thursday, November 6, 2025Time: 9:00 a.m. (Eastern Time) BROOKFIELD NEWS, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Partners will host its Third Quarter 2025 Conference Call & Webcast on Thursday, November 6, 2025 at 9:00 a.m. (ET) to discuss results and current business initiatives. Results will be released on Thursday, November 6, 2025 prior to 8:00 a.m. (ET) and will be available following the release on our website at https://bbu.brookfield.com. Participants can join by conference call or webcast: Conference Call Please pre-register: BBU2025Q3ConferenceCallUpon registering, you will be emailed a dial-in number and unique PIN. This process will bypass the operator and avoid the queue. Webcast Please join and register by webcast: BBU2025Q3WebcastA replay of the webcast will be available on our website. Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors have flexibility to invest in our company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX:BBUN.CA), a limited partnership or Brookfield Business Corporation (NYSE, TSX:BBUC.CA), a corporation. For more information, please visit https://bbu.brookfield.com. Brookfield Business Partners is the flagship listed vehicle of Brookfield Asset Management's Private Equity Group. Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion of assets under management. For more information, please contact:
Matador Resources Company Announces Date of Third Quarter 2025 Earnings Release
Matador Resources Company Announces Date of Third Quarter 2025 Earnings Release DALLAS, Oct. 03 /BusinessWire/ -- Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced plans to release third quarter 2025 operational and financial results after the close of trading on Tuesday, October 21, 2025. Management will also host a live conference call on Wednesday, October 22, 2025, at 10:00 a.m. Central Time to review third quarter 2025 financial results and operational highlights. To access the live conference call by phone, you can use the following link https://register-conf.media-server.com/register/BIf0215354457a4bb591304082cdf18330 and you will be provided with dial in details. To avoid delays, it is recommended that participants dial into the conference call 15 minutes ahead of the scheduled start time. The live conference call will also be available through the Company's website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab. The replay for the event will be available on the Company's website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab for one year. About Matador Resources Company Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties. For more information about Matador Resources Company, visit www.matadorresources.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20251003601253/en/ back
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares
TEN Ltd. Declares Dividend on its Series F Cumulative Redeemable Perpetual Preferred Shares ATHENS, Greece, Oct. 02, 2025 (GLOBE NEWSWIRE) -- TEN Ltd. ("TEN") (NYSE: TEN) (the "Company"), a leading diversified crude, product and LNG tanker operator, today announced that its Board of Directors declared the regular quarterly cash dividend of approximately $0.59375 per share for its Series F Cumulative Redeemable Perpetual Preferred Shares (the "Series F Preferred Shares"; NYSE: TENPRF). The dividend on the Series F Preferred Shares is for the period from the most recent dividend payment date on July 30, 2025, through October 29, 2025. The dividend on the Series F Preferred Shares will be paid on October 30, 2025, to all holders of record of Series F Preferred Shares as of October 27, 2025. Dividends on the Series F Preferred Shares are payable quarterly in arrears on the 30th day (unless the 30th falls on a weekend or public holiday, in which case the payment date is moved to the next business day) of January, April, July and October of each year, when, as and if declared by TEN's board of directors. This is the 29th dividend on the Series F Preferred Shares since their commencement of trading on the New York Stock Exchange. TEN has 6,747,147 Series F Preferred Shares outstanding as of the date of this press release. ABOUT TEN Ltd. Founded in 1993 and celebrating 32 years as a public company, TEN is one of the first and most established public shipping companies in the world. TEN's diversified energy fleet currently consists of 82 vessels, including ten DP2 shuttle tankers, three VLCCs, one scrubber fitted suezmax vessel, two scrubber-fitted MR product tankers and five scrubber-fitted LR1 tankers under construction, consisting of a mix of crude tankers, product tankers and LNG carriers totaling approx. 11 million dwt. ABOUT FORWARD-LOOKING STATEMENTS Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those predicted by such forward-looking statements. TEN undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. For further information, please contact: Company Tsakos Energy Navigation Ltd. George Saroglou President & COO +30210 94 07 710 gsaroglou@tenn.gr Investor Relations / Media Capital Link, Inc. Nicolas Bornozis Markella Kara +212 661 7566 ten@capitallink.com
Chord Energy Releases 2024 Sustainability Report
Chord Energy Releases 2024 Sustainability Report HOUSTON, Oct. 2, 2025 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord" or the "Company") today announced the release of its 2024 Sustainability Report, which highlights Chord's commitment to sustainable operations and transparent reporting of environmental stewardship, social responsibility and corporate governance. The report is available on the Company's website at www.chordenergy.com/sustainability. "We are pleased to share Chord's 2024 Sustainability Report with our stakeholders," said Danny Brown, Chord Energy's President and Chief Executive Officer. "In 2024, Chord strengthened its position as a leading operator in the Williston Basin through strong execution, innovation, and operational excellence. The successful acquisition and integration of Enerplus created a stronger, more resilient organization with deep, high-quality inventory, enhanced scale, and a best-in-class balance sheet." Chord is committed to delivering affordable, reliable energy in a safe and responsible manner-meeting the world's growing energy needs while advancing energy security. Oil and natural gas play a vital role in expanding economic opportunity and improving quality of life, and we take pride in responsibly producing these resources while working continuously to lower our environmental footprint. This report underscores Chord's ongoing commitment to transparency and sustainability, as we continue to build a stronger future for Chord and the communities where we live and work. About Chord Energy Chord Energy Corporation is an independent exploration and production company with quality and sustainable long-lived assets in the Williston Basin. The Company is uniquely positioned with a best-in-class balance sheet and is focused on rigorous capital discipline and generating free cash flow by operating efficiently, safely and responsibly to develop its unconventional onshore oil-rich resources in the continental United States. For more information, please visit the Company's website at www.chordenergy.com. Forward-Looking Statements This press release may include certain 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. Such forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that are difficult to predict and many of which are beyond management's control. These risks and assumptions are described in the Company's annual reports on Form 10-K and other reports that are available from the United States Securities and Exchange Commission ("SEC"). Readers are cautioned not to place undue reliance on forward-looking statements, which reflect management's view only as of the date made. Any forward-looking statement speaks only as of the date on which such statement is made and Chord undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. Media Contact: IR@chordenergy.com View original content to download multimedia:https://www.prnewswire.com/news-releases/chord-energy-releases-2024-sustainability-report-302573147.html SOURCE Chord Energy
GeoPark Announces October 21 Investor Day in New York Highlighting Vaca Muerta Entry and Long-Term Growth Strategies
GeoPark Announces October 21 Investor Day in New York Highlighting Vaca Muerta Entry and Long-Term Growth Strategies BOGOTA, Colombia, Oct. 02 /BusinessWire/ -- GeoPark Limited ("GeoPark" or the "Company") (NYSE:GPRK), a leading independent energy company with over 20 years of successful operations across Latin America, today announced that it will host a hybrid Investor Day on Tuesday, October 21, 2025, in New York City. This event will feature presentations by the senior management team including: Felipe Bayon, Chief Executive Officer Jaime Caballero, Chief Financial Officer Rodrigo Dalle Fiore, Chief Exploration and Development Officer Martin Terrado, Chief Operating Officer Members of GeoPark's Board of Directors will also be present at the event. Presentations will cover GeoPark's long-term vision, production, development and exploration strategies and financial outlook. The event will also showcase GeoPark's recent acquisition in Argentina's Vaca Muerta formation, a transformational step in the Company's growth strategy. The event will begin at 8:00 am ET with registration and breakfast, followed by presentations starting at 8:30 am, Q&A at 10:15 am and concluding by 11:00 am. The Investor Day is open to the investment and analyst community, and pre-registration is required by Thursday October 16, 2025. To pre-register for the event, please visit https://www.geo-park.com/investor-day-2025/. Confirmation and additional event details will be provided to registered attendees. An archived replay of the webcast, as well as a copy of the slide presentation will be available following the event. NOTICE Additional information about GeoPark can be found in the Invest with Us section of the website at www.geo-park.com View source version on businesswire.com: https://www.businesswire.com/news/home/20251001827219/en/ back
Occidental Promotes Richard A. Jackson to Senior Vice President and Chief Operating Officer
Occidental Promotes Richard A. Jackson to Senior Vice President and Chief Operating Officer HOUSTON, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) announced today that its Board of Directors has promoted Richard A. Jackson to Senior Vice President and Chief Operating Officer, overseeing global oil and gas operations, low-carbon integrated technologies and the midstream and marketing and health, safety and environment functions. He will continue reporting to Vicki Hollub, President and Chief Executive Officer. Jackson was named Senior Vice President and President, U.S. Onshore Resources and Carbon Management, Operations, in 2020. "Richard is a proven leader who has demonstrated success growing Oxy's U.S. onshore oil and gas operations and launching Oxy's low-carbon integrated technologies to support our CO2 and power value proposition. As COO, Richard can turn his focus toward creating additional value for Oxy's shareholders across our global operations," said Jack Moore, Chairman of Occidental's Board of Directors. "Richard is an innovative leader who is focused on getting the best out of our people and assets to deliver value every day. As we continue to transform our company while strengthening our core competencies, Richard will be able advance our significant low-cost global resource opportunity through continued operational and technology leadership," said President and CEO Vicki Hollub. "Oxy has a tremendous resource position and capability as we continue to advance our subsurface characterization and cost efficiencies for near- and long-term value. I appreciate the opportunity to continue to work with our teams to execute and deliver on these plans while we progress our advanced resource recovery and integrated technology value," said Richard Jackson. Previously, Jackson served as President and General Manager of the Permian Delaware Basin and EOR, as well as Vice President of Investor Relations and Vice President of Drilling Americas. He has also led Oxy Low Carbon Ventures from its inception, advancing leading-edge technologies, including key areas of emissions measurement, carbon utilization and sequestration, Direct Air Capture and lithium extraction. Jackson serves on the Oil and Gas Climate Initiative's Climate Investment Board and the American Petroleum Institute's Upstream Committee. A graduate of Texas A&M University, he holds a Bachelor of Science in Petroleum Engineering. About Occidental Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. We are one of the largest oil and gas producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of America. Our midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas, and includes our Oxy Low Carbon Ventures subsidiary, which is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions. Our chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. We are dedicated to using our global leadership in carbon management to advance a lower-carbon world. Visit Oxy.com for more information. Contacts
Enbridge Announces Executive Leadership Changes
Enbridge Announces Executive Leadership Changes CALGARY, AB, Oct. 2, 2025 /PRNewswire/ - Enbridge Inc. (Enbridge or the Company) today announced the following executive leadership changes, effective January 1, 2026. Cynthia Hansen, Executive Vice President and President, Gas Transmission, has decided to retire on January 1, 2027. To ensure a smooth transition, Ms. Hansen will move into a Special Advisor to the CEO role beginning January 1, 2026. Greg Ebel, President and CEO said "It is with gratitude and mixed emotions I announce Cynthia's retirement. Over her tenure, Cynthia has provided outstanding leadership across three Business Units and the S&R Corporate Function. Beyond these leadership roles, Cynthia has also made significant contributions to our company, inspiring the career growth of many colleagues and championing inclusion in our workplace. "It's been an honor to work alongside Cynthia, and we recognize her leadership and dedication to Enbridge." Matthew Akman, Executive Vice President, Corporate Strategy and President, Power, has been appointed Executive Vice President and President, Gas Transmission, to succeed Ms. Hansen. In his current capacity, Mr. Akman has played a pivotal role in shaping Enbridge's strategic direction, overseeing the corporate planning process, and all global renewable power operations and development. Leveraging this experience, he will continue to drive operational excellence and pursue strategic growth initiatives across our GTM platform. Mr. Akman will relocate from Toronto to Houston and assume his new responsibilities effective January 1, 2026. Allen Capps, currently Senior Vice President, Commercial, GTM, has been appointed Senior Vice President, Strategy & President, Power effective January 1, 2026. He will oversee corporate strategic planning and oversee all global renewable power operations and development. Mr. Capps' strong leadership and his prior roles, including Senior Vice President Corporate Development and Energy Services and SVP & Chief Accounting Officer, have equipped him to continue to grow our Power Business Unit and strengthen our Corporate Strategic Plan. "Matthew's appointment to Executive Vice President and President, Gas Transmission and Allen's appointment to Senior Vice President Strategy and President, Power illustrates our ongoing emphasis on developing our people and further strengthening our executive team for the future." About Enbridge Inc. At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power to advance new technologies including hydrogen, renewable natural gas and carbon capture and storage. Headquartered in Calgary, Alberta, Enbridge's common shares trade under the symbol ENB on the Toronto (TSX) and New York (NYSE) stock exchanges. To learn more, visit us at enbridge.com. FOR FURTHER INFORMATION PLEASE CONTACT: Media Investment Community Toll Free: (888) 992-0997 Toll Free: (800) 481-2804 Email: media@enbridge.com Email: investor.relations@enbridge.com View original content:https://www.prnewswire.com/news-releases/enbridge-announces-executive-leadership-changes-302573262.html SOURCE Enbridge Inc.
Magnolia Oil & Gas Schedules Conference Call for Third Quarter 2025 Results
Magnolia Oil & Gas Schedules Conference Call for Third Quarter 2025 Results HOUSTON, Oct. 02 /BusinessWire/ -- Magnolia Oil & Gas Corporation (NYSE:MGY) will host a conference call and webcast to discuss operational and financial results for the third quarter 2025 on Thursday, October 30th at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). Join the webcast by visiting Magnolia's website at www.magnoliaoilgas.com/investors/events-and-presentations and clicking on the webcast link or by dialing 1-844-701-1059. Materials related to Magnolia's third quarter 2025 financial results to be discussed during the webcast will be made available in the Investors section of the website prior to the call. The company will post a replay of the webcast on its website following the call. About Magnolia Oil & Gas Magnolia (MGY) is a publicly traded oil and gas exploration and production company with operations primarily in South Texas in the core of the Eagle Ford Shale and Austin Chalk formations. Magnolia focuses on generating value for shareholders by delivering steady, moderate annual production growth resulting from its disciplined and efficient philosophy toward capital spending. The Company strives to generate high pre-tax margins, and consistent free cash flow allowing for strong cash returns to our shareholders. For more information, visit www.magnoliaoilgas.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20251002646196/en/ back
Devon Energy Appoints Brent J. Smolik to Board of Directors
Devon Energy Appoints Brent J. Smolik to Board of Directors OKLAHOMA CITY, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) announced today that Brent J. Smolik has joined its Board of Directors effective Oct. 1. Mr. Smolik is the former president and chief operating officer of Noble Energy and president, CEO and chairman of the board of EP Energy Corporation. "We are pleased to welcome Brent Smolik to our Board of Directors," said Clay Gaspar, president and CEO. "His leadership and strategic insight will be instrumental as we continue to deliver value to our shareholders." "Brent's extensive experience, combined with his operational and technical expertise in the oil and gas industry, will be valuable as we guide the company into the future," said John Bethancourt, Devon's Chair. "His proven track record in both upstream and midstream sectors, as well as his prior service on multiple public company boards, will provide important perspective." Mr. Smolik, 64, has over 40 years of experience in the oil and gas industry, holding senior executive roles at Noble Energy, Noble Midstream Partners LP, EP Energy Corporation, El Paso Corporation, ConocoPhillips, and Burlington Resources. He most recently served as president and chief operating officer at Noble Energy until retiring after its merger with Chevron in 2020. Mr. Smolik has also served on the boards of Marathon Oil Corporation, Noble Midstream Partners LP, Cameron International, and Encino Acquisition Partners. Devon's Board determined that Mr. Smolik is independent and appointed him to the audit and safety, operations, and resource committees. With this appointment, Devon's board will comprise 11 members, 10 of whom are independent. ABOUT DEVON ENERGY Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon's disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.
Nine Energy Service Announces Timing of Third Quarter 2025 Earnings Release and Conference Call
Nine Energy Service Announces Timing of Third Quarter 2025 Earnings Release and Conference Call HOUSTON, Oct. 01 /BusinessWire/ -- Nine Energy Service, Inc. (NYSE:NINE) announced today that it has scheduled its third quarter 2025 earnings conference call for Friday, October 31, 2025, at 10:00 am Central Time. During the call, Nine will discuss its financial and operating results for the quarter ended September 30, 2025, which are expected to be released prior to the conference call. Participants may join the live conference call by dialing U.S. (Toll Free): (877) 524-8416 or International: (412) 902-1028 and ask for the "Nine Energy Service Earnings Call". Participants are encouraged to dial into the conference call ten to fifteen minutes before the scheduled start time to avoid any delays entering the earnings call. For those who cannot listen to the live call, a telephonic replay of the call will be available through November 14, 2025, and may be accessed by dialing U.S. (Toll Free): (877) 660-6853 or International: (201) 612-7415 and enter passcode 13755919. About Nine Energy Service Nine Energy Service is an oilfield services company that offers completion solutions within North America and abroad. The Company brings years of experience with a deep commitment to serving clients with smarter, customized solutions and world-class resources that drive efficiencies. Serving the global oil and gas industry, Nine continues to differentiate itself through superior service quality, wellsite execution and cutting-edge technology. Nine is headquartered in Houston, Texas with operating facilities in the Permian, Eagle Ford, Haynesville, SCOOP/STACK, Niobrara, Barnett, Bakken, Marcellus, Utica and Canada. For more information on the Company, please visit Nine's website at nineenergyservice.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20251001682361/en/ back
Expro Group Holdings N.V. Schedules Third Quarter 2025 Earnings Release and Conference Call
Expro Group Holdings N.V. Schedules Third Quarter 2025 Earnings Release and Conference Call HOUSTON, Oct. 01 /BusinessWire/ -- Expro Group Holdings N.V. (NYSE:XPRO) ("Expro" or the "Company") will hold a conference call on October 23, 2025 to discuss results for the third quarter ended September 30, 2025. The conference call is scheduled to begin at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on October 23 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call. We encourage those who plan to dial-in to the conference to pre-register: Pre-Registration Link. Callers who pre-register will be given a dial-in number and unique PIN via email to gain immediate access to the call. Participants may also join the conference call by dialing: US: +1 833 470 1428 International: +1 646 844 6383 Access code: 361484 To listen via live webcast, please visit the investor section of www.expro.com. An audio replay of the webcast will be available in the Investor section of the Company's website approximately 3 hours after the conclusion of the call and remain available for a period of two weeks. To access the audio replay telephonically: Dial-In: US 1 866 813 9403 or 1 929 458 6194 Access ID: 725252 Start Date: October 23, 2025, 1:00 p.m. CT End Date: November 6, 2025, 10:59 p.m. CT ABOUT EXPRO Working for clients across the entire well life cycle, Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company considers to be best-in-class safety and service quality. The Company's extensive portfolio of capabilities spans well construction, well flow management, subsea well access and well intervention and integrity solutions. With roots dating to 1938, Expro has approximately 8,500 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in more than 50 countries. For more information, please visit: expro.com and connect with Expro on X (formerly Twitter): @ExproGroup and LinkedIn: @Expro. View source version on businesswire.com: https://www.businesswire.com/news/home/20251001677832/en/ back
Phillips 66 provides update on Los Angeles Refinery operations
Phillips 66 provides update on Los Angeles Refinery operations HOUSTON, Oct. 01 /BusinessWire/ -- Phillips 66 (NYSE:PSX) provided an update on its progress toward idling operations at its Los Angeles refinery in furtherance of the company's efforts to redevelop these real estate sites. The final waterborne crude was received on Sept. 30, and the final crude processing date is expected to be around Oct. 16. The facility is executing a detailed schedule to safely idle operations. Several process units have been placed in an idle state. The remaining units will be idled in a phased manner through the end of 2025. Remediation and decommissioning efforts are progressing. In the third quarter, the company expects to accrue environmental expenses of approximately $70 million in the Refining segment related to its future groundwater mitigation plans, along with an asset retirement charge of approximately $30 million in the Midstream segment related to transportation assets that will no longer be used as a result of the facility idling operations. Phillips 66 remains committed to ensuring a steady fuel supply to meet ongoing California consumer demand. The company expects to meet demand by sourcing gasoline from within and outside its refining network. Additional details will be provided on the company's third-quarter 2025 earnings call at noon ET on Wednesday, Oct. 29, 2025. About Phillips 66 Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company's portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20251001382766/en/ back
NextNRG Expands Mobile Fueling Operations to Fort Myers, Florida
NextNRG Expands Mobile Fueling Operations to Fort Myers, Florida MIAMI, Oct. 01, 2025 (GLOBE NEWSWIRE) -- NextNRG (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced the launch of its mobile fueling operation's newest hub in Fort Myers, Florida, further extending its nationwide footprint. The expansion establishes a fully operational presence in a region home to major e-commerce distribution centers supporting national fulfillment networks, positioning NextNRG to serve the area's growing commercial demand. NextNRG's entry into the region positions the company to serve both large commercial clients and a growing network of local businesses, supporting continuous operations that keep fleets, generators, and equipment running efficiently. The Fort Meyer's hub reflects NextNRG's nationwide growth strategy: anchoring large commercial clients while expanding a local customer base around each hub. With this launch, NextNRG continues to broaden its footprint across Florida's Gulf Coast, while expanding its national footprint. By strategically growing its presence, the company continues to strengthen its unique position, offering a complete end-to-end suite of energy solutions for both commercial and individual customers. This expansion reflects the broader momentum behind NextNRG's operations, as the company's growth trajectory has accelerated throughout 2025, with revenues surpassing last year's figures and strong projections pointing toward record performance by fiscal year-end. This growth has been driven by the company's ability to scale operations consistently while maintaining operational efficiency and reliability through strategic business initiatives. "Expanding into Fort Myers demonstrates our continued growth across Florida and nationwide," said Michael D. Farkas, Executive Chairman and CEO of NextNRG. "Establishing our presence in a region with significant e-commerce and commercial fleet activity positions us to capture demand from high-volume operations while building local customer density. Our mobile fueling services, together with our integrated energy solutions, enable businesses to operate more efficiently at scale. With strong momentum across our operations, we're confident in the strong growth ahead." 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 Contact NextNRG, Inc.Sharon CohenSCohen@nextnrg.com
Weatherford Launches Industrial Intelligence at FWRD 2025
Weatherford Launches Industrial Intelligence at FWRD 2025 HOUSTON, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) ("Weatherford" or the "Company") today announced the launch of Weatherford Industrial Intelligence, a breakthrough digital portfolio unveiled at the Company's flagship FWRD 2025 Technology Conference in Houston. Weatherford sees the next industry-defining leap in the fusion of physical operations with data foundations and cross-disciplinary execution. Weatherford Industrial Intelligence is a portfolio that moves beyond simply collecting data or controlling assets by contextualizing the physical world through physics-based and data-driven software. This approach delivers actionable insights for every end user, from engineers to executives, resulting in greater reliability, improved efficiency, and elevated performance across the energy value chain. Girish Saligram, President and Chief Executive Officer of Weatherford, commented, "Weatherford Industrial Intelligence empowers our customers to accelerate adoption, regardless of infrastructure maturity, by integrating our software, our partners' software, and our customers' systems with any hardware. With domain intelligence embedded at the edge and grounded in decades of engineering expertise, we deliver automation that drives safer operations, greater efficiency, and stronger returns." Key Technology HighlightsAt the forefront of these advancements is the integration of Modern Edge, which provides operators with the ability to scale work processes efficiently while maintaining economic returns. This approach empowers customers to modernize their edge operations, facilitate autonomous production, and offers flexibility to expand operations, while optimizing resource usage and reducing costs. Weatherford Autonomous Surveillance Platform (WASP) Provides full-time remote visibility above, below, and on-surface infrastructure and assets using a network of distributed fiber optic systems, cameras, and IoT devices.R2TUs Edge Device Family Family of Edge Devices with embedded physics and empirical models, as well as network models that are self-connected and powered to deliver closed-loop automation in the field.MetaFlow Virtual Flow Meter (VFM) Delivers accurate, real-time flow measurements using AI and physics-based models in conjunction with existing and new flow meters. Weatherford is also advancing its own unified data model through its Synsera Unified Data Model, which normalizes multi-asset, multigeneration asset metadata across operations into a structure of the customers' choosing. By combining operational and financial analysis into an API-supported framework, the platform enables smarter decision-making and streamlined workflows across facilities. Weatherford Canvas A no-code data science environment specifically for industrial operations that enables domain engineers to perform advanced data science analysis without programming knowledge and with out-of-the-box models for popular domain specific challenges.Engineer's Briefcase A digital toolkit equipping field and surveillance engineers with AI-powered tools including document digitization, field data transcription, image recognition and language translation for field use, dedicated to integrated asset teams.Doppl Digital Twin Offers interactive visualization and embedded simulation capabilities, giving the customer the ability to build their own digital twin, regardless of hardware, edge, SCADA, and data repository choices. In addition, the WFRD Software Launchpad gives customers a single, comprehensive industrial SaaS platform to manage all of their software needs. By eliminating the complexity of navigating multiple systems and vendors, the Launchpad provides a secure and centralized point of access for all Weatherford and partner-built applications while also giving customers the ability to publish their own applications to be consumed across the enterprise. StrataCore Foundation Modeling An industry first, production foundational model allowing the customer to derive behavioral insights, performance benchmarking against similar assets globally, and a physics-based SME powered by petroleum-engineering foundations to interact with, enhancing operations and decision-making while training customer AI.Builds on our proven ForeSite® suite, Centro® well construction optimization platform, PetroVisorTM unified data platform, and EcoVisor ESG platform, delivering a fully integrated portfolio that drives efficiency, sustainability, and smarter decision-making across the energy value chain. For more information on Weatherford Industrial Intelligence and how it transforms operations across the energy industry, please visit intelligence.weatherford.com. About Weatherford Weatherford delivers innovative energy services that integrate proven technologies with advanced digitalization to create sustainable offerings for maximized value and return on investment. Our world-class experts partner with customers to optimize their resources and realize the full potential of their assets. Operators choose us for strategic solutions that add efficiency, flexibility, and responsibility to any energy operation. The Company conducts business in approximately 75 countries and has approximately 17,300 team members representing more than 110 nationalities and 310 operating locations. Visit weatherford.com for more information and connect with us on social media. For Investors:Luke LemoineWeatherford Investor Relations+1 713-836-7777investor.relations@weatherford.com For Media:Kelley HughesWeatherford Communications, Marketing & Sustainabilitymedia@weatherford.com