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Kinder Morgan Announces Fourth Quarter 25 Earnings Webcast
Kinder Morgan Announces Fourth Quarter 25 Earnings Webcast HOUSTON, Jan. 14 /BusinessWire/ -- Kinder Morgan, Inc. (NYSE:KMI) today announced it will release fourth quarter 2025 earnings results on Wednesday, January 21, 2026, after market close and will hold a live webcast and conference call. What: Kinder Morgan Fourth Quarter `25 Earnings Results Webcast When: January 21, 2026, at 3:30 p.m. CT, 4:30 p.m. ET Where: http://ir.kindermorgan.com/presentations-webcasts How: Live over the Internet by logging on to the web at the above address, or by phone (listen-only) by dialing 1-517-319-9306 and entering the passcode 6194050 If you are unable to listen during the live webcast, the call will be archived at www.kindermorgan.com. A recording of the conference call will also be available for replay one hour after the call until the end of the day on February 22, 2026. To access the replay, please dial 1-203-369-3813 and enter passcode 21864. About Kinder Morgan, Inc. Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient, and environmentally responsible manner for the benefit of the people, communities, and businesses we serve. We own an interest in or operate approximately 79,000 miles of pipelines, 139 terminals, more than 700 billion cubic feet (Bcf) of working natural gas storage capacity, and have renewable natural gas generation capacity of approximately 6.9 Bcf per year of gross production. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2, renewable fuels and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, jet fuel, chemicals, metals, petroleum coke, and ethanol and other renewable fuels and feedstocks. Learn more about our work advancing energy solutions on the lower carbon initiatives page at www.kindermorgan.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260114784221/en/ back
NGL Energy Partners Announces Earnings Call
NGL Energy Partners Announces Earnings Call TULSA, Okla., Jan. 14 /BusinessWire/ -- NGL Energy Partners LP (NYSE:NGL) announced today that it plans to issue its quarter ended December 31, 2025, earnings press release, post-market close on Tuesday, February 3, 2026. Members of NGL's management team intend to host an earnings call following this release on Tuesday, February 3, 2026, at 4:00 pm CT to discuss its financial results. Analysts, investors, and other interested parties may join the webcast via the event link: https://www.webcaster5.com/Webcast/Page/2808/53486 or by dialing (888) 506-0062 and providing conference code: 607307. An archived audio replay of the call will be available for 14 days, which can be accessed by dialing (877) 481-4010 and providing replay passcode 53486. About NGL Energy Partners LP NGL Energy Partners LP, a Delaware limited partnership, operates the largest integrated network of large diameter wastewater pipelines, disposal wells and produced water handling systems in the Delaware Basin. NGL also operates wastewater disposal in the Eagle Ford and DJ Basins. In addition, NGL markets and provides other logistics services for crude oil, through its ownership of the Grand Mesa Pipeline System, Cushing terminal and other Gulf Coast terminals. For further information, visit the Partnership's website at www.nglenergypartners.com. This release is a qualified notice under Treasury Regulation Section 1.1446-4(b). Brokers and nominees should treat 100% of NGL Energy Partners LP's distributions to foreign investors as being attributable to income that is effectively connected with a United States trade or business. Therefore, distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate. View source version on businesswire.com: https://www.businesswire.com/news/home/20260113209963/en/ back
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast
Patterson-UTI Energy Announces Fourth Quarter Earnings Conference Call and Webcast HOUSTON, TX / ACCESS Newswire / January 13, 2026 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, February 5, 2026, at 9:00 a.m. Central Time to discuss results for the fourth quarter ended December 31, 2025.Participants can access the call by dialing (800) 715-9871 in North America or (646) 307-1963 if International and referencing Conference ID 5526772. The call will also be webcast and can be accessed through a link in the Investors section of the Company's website at investor.patenergy.com. A replay of the conference call will be available on the Company's website for two weeks.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 bit solutions in the United States, Middle East and many other regions around the world. For more information, visit www.patenergy.com.Contact:Michael SabellaVice President, Investor Relations(281) 885-7589SOURCE: Patterson-UTI EnergyView the original press release on ACCESS Newswire
Antero Resources Announces Pricing of $750 Million Offering of Senior Notes
Antero Resources Announces Pricing of $750 Million Offering of Senior Notes DENVER, Jan. 13, 2026 /PRNewswire/ -- Antero Resources Corporation (NYSE: AR) ("Antero Resources" or the "Company") announced today the pricing of an underwritten public offering of $750 million in aggregate principal amount of 5.40% senior unsecured notes due 2036 at an initial price to the public of 99.869% (the "Notes"). The offering is expected to close on January 28, 2026, subject to customary closing conditions. Antero Resources estimates that it will receive net proceeds of approximately $743 million, after deducting the underwriters' discounts and estimated expenses. Antero Resources intends to use the net proceeds from the offering to partially fund the HG Acquisition.The offering is being made pursuant to an effective shelf registration statement and prospectus filed by Antero Resources with the U.S. Securities and Exchange Commission (the "SEC") and may be made only by means of a prospectus and prospectus supplement related to such offering meeting the requirements of Section 10 of the Securities Act of 1933, as amended (the "Securities Act"). These documents may be obtained by visiting EDGAR on the SEC's website at www.sec.gov.This press release is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, the Notes or any other securities in any jurisdiction in which such offer, solicitation or sale is unlawful.Antero Resources is an independent natural gas and natural gas liquids company engaged in the acquisition, development and production of unconventional properties located in the Appalachian Basin in West Virginia and Ohio. This release includes "forward-looking statements." Such forward-looking statements are subject to a number of risks and uncertainties, many of which are not under Antero Resources's control. All statements, except for statements of historical fact, made in this release regarding activities, events or developments Antero Resources expects, believes or anticipates will or may occur in the future, such as statements regarding the proposed offering and the intended use of proceeds, are forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements speak only as of the date of this release. Although Antero Resources believes that the plans, intentions and expectations reflected in or suggested by the forward-looking statements are reasonable, there is no assurance that these plans, intentions or expectations will be achieved. Therefore, actual outcomes and results could materially differ from what is expressed, implied or forecast in such statements. Except as required by law, Antero Resources expressly disclaims any obligation to and does not intend to publicly update or revise any forward-looking statements.Antero Resources cautions you that these forward-looking statements are subject to all of the risks and uncertainties incidental to our business, most of which are difficult to predict and many of which are beyond Antero Resources's control. These risks include, but are not limited to, the risk that one or both of the HG Acquisition and the Utica Disposition will not close on the timeline anticipated, or at all, Antero Resources may not enter into the Term Loan A on the timeline anticipated or at all or on satisfactory terms, risks associated with the successful integration and future performance of the acquired assets and operations, commodity price volatility, inflation, supply chain or other disruption, availability and cost of drilling, completion and production equipment and services, environmental risks, drilling and completion and other operating risks, marketing and transportation risks, regulatory changes or changes in law, the uncertainty inherent in estimating natural gas, NGLs and oil reserves and in projecting future rates of production, cash flows and access to capital, the timing of development expenditures, conflicts of interest among our stockholders, impacts of geopolitical and world health events, cybersecurity risks, and the state of markets for, and availability of, verified quality carbon offsets and the other risks described under the heading "Item 1A. Risk Factors" in Antero Resources's Annual Report on Form 10-K for the year ended December 31, 2024 and its subsequently filed Quarterly Reports on Form 10-Q. View original content to download multimedia:https://www.prnewswire.com/news-releases/antero-resources-announces-pricing-of-750-million-offering-of-senior-notes-302660396.htmlSOURCE Antero Resources Corporation
Sunoco LP and SunocoCorp LLC Announce Fourth Quarter and Full Year 2025 Earnings Release and Call Timing
Sunoco LP and SunocoCorp LLC Announce Fourth Quarter and Full Year 2025 Earnings Release and Call Timing DALLAS, Jan. 13 /BusinessWire/ -- Sunoco LP (NYSE:SUN) and SunocoCorp LLC (NYSE:SUNC) announced that they will release their fourth quarter and full year 2025 financial and operating results before the market opens on Tuesday, February 17, 2026. Management will hold a conference call that same day at 9:00 a.m. Central Time (10:00 a.m. Eastern Time) to discuss results. About Sunoco Sunoco LP is a leading energy infrastructure and fuel distribution master limited partnership operating across 32 countries and territories in North America, the Greater Caribbean, and Europe. The Partnership's midstream operations include an extensive network of approximately 14,000 miles of pipeline and over 160 terminals. This critical infrastructure complements the Partnership's fuel distribution operations, which distribute over 15 billion gallons annually to approximately 11,000 Sunoco and partner-branded retail locations, as well as independent dealers and commercial customers. SUN's general partner is owned by Energy Transfer LP (NYSE:ET). SunocoCorp LLC is a publicly traded limited liability company that owns a direct limited partner interest in Sunoco LP. SUN and SUNC are headquartered in Dallas, Texas. More information is available at www.sunocolp.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260113115564/en/ back
Energy Transfer Announces Fourth Quarter and Full Year 2025 Earnings Release and Earnings Call Timing
Energy Transfer Announces Fourth Quarter and Full Year 2025 Earnings Release and Earnings Call Timing DALLAS, Jan. 13 /BusinessWire/ -- Energy Transfer LP (NYSE:ET) today announced that it plans to release earnings for the fourth quarter and full year 2025 on Tuesday, February 17, 2026, before the market opens. The company will also conduct a conference call on Tuesday, February 17, 2026 at 8:00 am Central Time/9:00 am Eastern Time to discuss quarterly results and provide a company update. The conference call will be broadcast live via an internet webcast, which can be accessed on Energy Transfer's website at energytransfer.com. The call will also be available for replay on Energy Transfer's website for a limited time. 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 28.5 million common units (representing approximately 15% of the aggregate outstanding common and Class D units) of Sunoco LP (NYSE:SUN), and the general partner interests and 46.5 million common units (representing approximately 38% of the outstanding common units) of USA Compression Partners, LP (NYSE:USAC). For more information, visit the Energy Transfer LP website at www.energytransfer.com. The information contained in this press release is available on our website at energytransfer.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260113099435/en/ back
Bristow Group Announces Private Offering of $400 Million Senior Secured Notes and Satisfaction and Discharge of 6.875% Senior Secured Notes Due 2028
Bristow Group Announces Private Offering of $400 Million Senior Secured Notes and Satisfaction and Discharge of 6.875% Senior Secured Notes Due 2028 HOUSTON, Jan. 13, 2026 /PRNewswire/ -- Bristow Group Inc. (NYSE: VTOL) (the "Company" or "Bristow") announced today that it has commenced, subject to market conditions and other factors, a private offering of $400 million aggregate principal amount of senior secured notes due 2033 (the "notes") to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the "Securities Act"). The notes are expected to pay interest semi-annually and will be fully and unconditionally guaranteed, jointly and severally, on a senior secured basis, by the Company's existing material, wholly owned domestic subsidiaries and certain existing material, foreign subsidiaries, as well as certain future subsidiaries. The notes will be secured by first-priority liens, subject to limited exceptions, on collateral that will consist of certain helicopters and related assets, together with substantially all of the other tangible and intangible property assets of the Company and the subsidiary guarantors (other than certain excluded assets), including approximately 70 pledged aircraft.The Company will irrevocably deposit all of the net proceeds from the offering with the trustee under the indenture (the "2028 Notes Indenture") governing its 6.875% Senior Secured Notes due 2028 (the "2028 Notes") in an amount, together with such additional amounts as are deposited by the Company in connection with the issuance of the notes, sufficient to redeem the 2028 Notes in full on March 1, 2026 and fund the payment of the principal, premium and interest to, but not including, such redemption date and all other sums payable under the 2028 Notes Indenture with respect to the 2028 Notes. As a result (and at the time) of such deposit, the 2028 Notes Indenture will be satisfied and discharged in accordance with its terms with respect to the 2028 Notes (the "Satisfaction and Discharge").The notes will be offered and sold to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act, and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act. The offer and sale of the notes and the related subsidiary guarantees have not been and will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws.This press release shall not constitute an offer to sell or a solicitation of an offer to purchase the notes or any other securities, nor shall there be any sale of the notes or any other securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful. Any offers of the notes shall be made in the United States only by means of a private offering circular pursuant to Rule 144A under the Securities Act, and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.In connection with the offering, the Company has delivered notice of full redemption (the "Redemption Notice") of the 2028 Notes, conditioned only upon the consummation of a financing transaction that results in net cash proceeds in an amount at least sufficient to fund the Satisfaction and Discharge of the 2028 Notes. The Satisfaction and Discharge of the 2028 Notes will only be made in accordance with the provisions of the 2028 Notes Indenture. As of September 30, 2025, approximately $397 million aggregate principal amount of the 2028 Notes remained outstanding. This press release does not constitute a notice of redemption with respect to the 2028 Notes.U.S. Bank Trust Company, National Association is the trustee under the 2028 Notes Indenture and is serving as the paying agent for the Satisfaction and Discharge.About Bristow GroupBristow Group Inc. is the leading global provider of innovative and sustainable vertical flight solutions. Bristow primarily provides aviation services to a broad base of offshore energy companies and government entities. Our aviation services include personnel transportation, search and rescue ("SAR"), medevac, fixed-wing transportation, unmanned systems and ad hoc helicopter services. Our business is comprised of three operating segments: Offshore Energy Services, Government Services and Other Services. Our energy customers charter our helicopters primarily to transport personnel to, from and between onshore bases and offshore production platforms, drilling rigs and other installations. Our government customers primarily outsource SAR activities whereby we operate specialized helicopters and provide highly trained personnel. Our other services include fixed-wing transportation services through a regional airline in Australia and dry-leasing aircraft to third-party operators in support of other industries and geographic markets.Bristow currently has customers in Australia, Brazil, Canada, Chile, the Dutch Caribbean, the Falkland Islands, Ireland, the Netherlands, Nigeria, Norway, Spain, Suriname, Trinidad, the United Kingdom and the United States.Forward-Looking Statements DisclosureThis press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are statements about our future business, strategy, operations, capabilities and results; financial projections; plans and objectives of our management; expected actions by us and by third parties, including our customers, competitors, vendors and regulators; and other matters. Some of the forward-looking statements can be identified by the use of words such as "believes," "belief," "forecasts," "expects," "plans," "anticipates," "intends," "projects," "estimates," "may," "might," "will," "would," "could," "should" or other similar words; however, all statements in this press release, other than statements of historical fact or historical financial results, are forward-looking statements. Without limiting the generality of the foregoing, such forward-looking statements include statements regarding Bristow's intention to issue the notes, the final terms of the notes and the offering, the use of proceeds therefrom and the Satisfaction and Discharge of the 2028 Notes. Our forward-looking statements reflect our views and assumptions on the date hereof regarding future events and operating performance. We believe that they are reasonable, but they involve significant known and unknown risks, uncertainties, assumptions and other factors, many of which may be beyond our control, that may cause actual results to differ materially from any future results, performance or achievements expressed or implied by the forward-looking statements. Such risks, uncertainties and factors that could cause or contribute to such differences include, but are not limited to, those discussed in our Annual Report on Form 10-K, and in particular, the risks discussed in Part I, Item 1A, "Risk Factors" of such report and those discussed in other documents we file with the Securities and Exchange Commission. Accordingly, you should not put undue reliance on any forward-looking statements. There can be no assurance that the offering of the notes will be consummated on the terms described herein or at all.All forward-looking statements in this press release are qualified by these cautionary statements and are only made as of the date thereof. The forward-looking statements in this press release should be evaluated together with the many uncertainties that affect our businesses, particularly those discussed in greater detail in Part I, Item 1A, "Risk Factors" and Part II, Item 7, "Management's Discussion and Analysis of Financial Condition and Results of Operations" of our Annual Report on Form 10-K and Part I, Item 2, "Management's Discussion and Analysis of Financial Condition and Results of Operations" and Part II, Item 1A, "Risk Factors" of our subsequent Quarterly Reports on Form 10-Q. We disclaim any obligation or undertaking, other than as required by law, to provide any updates or revisions to any forward-looking statement to reflect any change in our expectations or any change in events, conditions or circumstances on which the forward-looking statement is based, whether as a result of new information, future events or otherwise. View original content:https://www.prnewswire.com/news-releases/bristow-group-announces-private-offering-of-400-million-senior-secured-notes-and-satisfaction-and-discharge-of-6-875-senior-secured-notes-due-2028--302659852.htmlSOURCE Bristow Group
NextNRG Validates Scalable Healthcare Microgrid Platform Through Executed Long-Term PPAs
NextNRG Validates Scalable Healthcare Microgrid Platform Through Executed Long-Term PPAs MIAMI, FL, Jan. 13, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (NASDAQ: NXXT), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today highlighted that its previously announced healthcare microgrid power purchase agreements (PPAs) validate a scalable, vertical-focused infrastructure approach for long-term deployment in mission-critical energy markets. Executed agreements across assisted living and rehabilitation facilities confirm the Company's ability to deploy standardized, long-duration energy infrastructure in environments requiring continuous uptime, regulatory compliance, and predictable energy costs. Together, these contracts form a portfolio of durable, contracted assets supporting healthcare operators where reliability and resilience are essential. "These executed healthcare agreements validate our ability to deploy the same infrastructure model repeatedly within a mission-critical vertical," said Michael D. Farkas, Executive Chairman and CEO of NextNRG. "Healthcare environments demand proven performance, resilience, and long-term certainty, and our platform is built to scale." NextNRG's healthcare microgrids integrate on-site generation, energy storage, and intelligent control software to optimize performance and maintain operations during grid disruptions. The platform is designed for consistent deployment across facilities with comparable load profiles and operational requirements. By organizing executed projects into defined verticals, NextNRG is advancing a disciplined infrastructure strategy focused on long-duration contracts, standardized execution, and portfolio-level scalability across mission-critical healthcare environments. 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
Sky Quarry Seeks Partners to Monetize Its 7 MW Power Capacity
Sky Quarry Seeks Partners to Monetize Its 7 MW Power Capacity Potential for utility scale power at approximately $0.05 per kWh WOODS CROSS, UT / ACCESS Newswire / January 13, 2026 / Sky Quarry Inc. (NASDAQ:SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, announced today that it is issuing a Request for Proposals (RFP) to evaluate commercial utilization of the power generation assets at the Company's PR Spring facility in Utah. The initiative is intended to surface partners who recognize the potential value of the generation capacity owned by Sky Quarry.Sky Quarry owns two Solar Centaur Caterpillar Gensets. These turbines are currently located at the Company's PR Spring site in Utah. These turbine generators have a combined generating capacity of 7 megawatts. The units are capable of co-generative operation through an on-site steam generator, allowing for highly reliable, continuous operation independent of external deliveries. Sky Quarry is seeking proposals from qualified commercial and industrial users that may benefit from dedicated, utility-scale power in a proven energy region. These generators could also be transported to another site as business needs require.The Company believes the on-site gas generation at PR Spring can support delivered power costs that are highly competitive in today's market, in many cases in the range of $0.05 per kilowatt hour, depending on fuel and operating profile.Following a redesign of planned facility operations at PR Spring, the Company has reassessed its power requirements for future operations at the site. The turbine generators were part of the original design of Sky Quarry's approximately $50 million PR Spring facility, but ongoing upgrades and process improvements have reduced both water use and overall energy demand. As a result, the Company has determined that the full 7 megawatts of installed generation capacity will not be required and is evaluating opportunities to lease or otherwise commercialize the turbine generators for local or regional use while retaining flexibility for its own operational needs.PR Spring is located near Vernal, Utah, in the Uinta Basin, one of Utah's primary oil and natural gas producing regions. Portions of the basin experience transmission limitations and limited grid redundancy, which increases the importance of dependable on-site generation for energy intensive operations. The region's strong fuel supply also supports stable long-term operation of the turbines.The market for gas turbines has tightened significantly in recent years due to rapid expansion of artificial intelligence and high-performance computing workloads. These trends have driven new demand for dispatchable industrial power and extended lead times for new turbine equipment. Sky Quarry believes that having installed and operable turbines at PR Spring represents a meaningful advantage in this constrained environment and that their value is not fully reflected in current market perception."We have been making steady improvements at PR Spring that better position the site for development," said Marcus Laun, Chief Executive Officer of Sky Quarry. "Through this RFP, we are looking to engage with partners who can make practical use of the generation capacity already in place. There is strong demand for dependable power and turbine supply remains tight, so many companies are facing long waits for equipment. We have capacity installed and ready, and we want to pursue partnerships that make sense for counterparties while reflecting disciplined capital decisions for the Company."Interested parties may contact jennifer@skyquarry.com for additional information about the RFP.About Sky Quarry Inc.Sky Quarry Inc. (NASDAQ:SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.Forward-Looking StatementsThis press release may include ''forward-looking statements.'' All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as "expect," "look forward to," "anticipate," "intend," "plan," "believe," "seek," "estimate," "will," "project," or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company's other disclosures, including the statements made under the heading "Risk Factors" and elsewhere in the Company's Form 10-K as filed with the SEC on March 31, 2025, and all amendments thereto, as well as the Company's Form 10-Q as filed with the SEC on November 14, 2025. Forward-looking statements speak only as of the date of the document in which they are contained.Investor RelationsJennifer Standley Director of Investor Relationsir@skyquarry.comCompany Websitewww.skyquarry.comSOURCE: Sky QuarryView the original press release on ACCESS Newswire
Calumet Completes Upsized Notes Offering
Calumet Completes Upsized Notes Offering INDIANAPOLIS, Jan. 12, 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"), closed their private placement (the "Offering") under Rule 144A and Regulation S under the Securities Act of 1933, as amended, of $405 million in aggregate principal amount of 9.75% Senior Notes due 2031 (the "Notes"). The Notes were issued at 98.996% of par for net proceeds of approximately $393 million, after deducting the initial purchasers' discount and estimated offering expenses. The Offering was upsized to $405 million in aggregate principal amount of Notes from the original offering size of $350 million in aggregate principal amount of Notes. As previously announced, Calumet intends to use all of the net proceeds from the Offering, together with cash on hand and borrowings under its revolving credit facility, to redeem all of the Issuers' outstanding 11.00% Senior Notes due 2026 (the "2026 Notes") and all of the Issuers' outstanding 8.125% Senior Notes due 2027 (the "2027 Notes") (collectively, the "Redemptions"). This press release does not constitute a notice of redemption with respect to the 2026 Notes or the 2027 Notes."The broad support for this over-subscribed offering was largely a result of over $220 million of restricted group debt reduction in 2025, driven by substantial cost reductions and operational improvements," said Todd Borgmann, CEO. "The upsized offering, combined with revolver capacity created from over $120 million of cash generated in the second half of 2025, is being used to eliminate all near-term senior note maturities. This provides a runway to enhanced value creation through continued strong, dependable specialties business cash flow and Montana Renewables' MaxSAF™ 150 expansion."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 use of proceeds from the Offering and the Redemptions. 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-completes-upsized-notes-offering-302658953.htmlSOURCE Calumet, Inc.
Canadian Investment Regulatory Organization Trading Halt - REX
Canadian Investment Regulatory Organization Trading Halt - REX VANCOUVER, BC, Jan. 12, 2026 /CNW/ - The following issues have been halted by CIRO Company: Orex Minerals Inc.TSX-Venture Symbol: REX All Issues: YesReason: Pending Clarification Market Activity Halt Time (ET): 3:25CIRO can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada. SOURCE Canadian Investment Regulatory Organization (CIRO) â Halts/Resumptions View original content: http://www.newswire.ca/en/releases/archive/January2026/12/c6750.html
Marauder Capital Announces Expansion of Operating Partner Team
Marauder Capital Announces Expansion of Operating Partner Team FORT WORTH, Texas, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Marauder Capital, a private investment firm focused on energy and industrial services businesses, today announced the addition of Bryan Hoffman and Pedro Buhigas as Operating Partners, marking an important milestone in the continued evolution of the firm's platform and operating capabilities.The appointments reflect Marauder's emphasis on disciplined execution, operational insight, and long-term value creation as the firm continues to grow.Bryan Hoffman brings decades of leadership experience in utility services and infrastructure businesses. He supports Marauder across sourcing, underwriting, and portfolio company development, with particular emphasis on in-basin electrification, utility interfaces, and critical infrastructure. Prior to joining Marauder, Mr. Hoffman served in the U.S. Air Force and founded multiple utility and energy-service companies. Most recently, he founded and operated KVP Energy Services, which he successfully exited to a middle-market private equity sponsor.Pedro Buhigas contributes deep operating, technology, and systems expertise across energy and industrial platforms. In his role as Operating Partner, Mr. Buhigas advises Marauder and select portfolio companies on operational efficiency, enterprise systems, and the thoughtful application of advanced analytics and AI within established businesses. He currently serves as Chief Information Officer of Kodiak Gas Services (NYSE:KGS). His prior experience includes senior roles at Basic Energy Services, TETRA Technologies, Stallion, and Microsoft.T.M. "Roe" Patterson, Managing Partner, said, "The addition of Operating Partners represents an important step in the continued development of our firm. As we grow, broadening our operating perspective ensures we are building high-quality businesses with durable fundamentals."Adam Hurley, Managing Partner, added, "Bryan and Pedro bring complementary experience that enhances how we support management teams-combining infrastructure and electrification insight with a practical, disciplined approach to efficiency, systems, and modern tools. Their involvement strengthens our ability to execute thoughtfully as the platform continues to grow."Marauder's Operating Partner model is designed to provide experienced operator perspective alongside investment teams and portfolio company leadership, with a focus on scalable execution, sound decision-making, and long-term value creation.About Marauder CapitalMarauder Capital is a private investment firm based in Fort Worth, Texas, focused on acquiring and building energy and industrial services businesses. The firm partners with management teams to create durable platforms through disciplined operations, thoughtful capital deployment, and long-term strategic alignment.For more information, please visit www.maraudercap.com. Contact Information:info@maraudercap.com
Diversified Energy Company (NYSE: DEC) Under Investigation by Highful Law PLLC
Diversified Energy Company (NYSE: DEC) Under Investigation by Highful Law PLLC Law Firm Investigates Potential Breaches of Fiduciary Duty Related to Decommissioning Liabilities AUSTIN, Texas, Jan. 12 /BusinessWire/ -- Highful Law PLLC is investigating potential breaches of fiduciary duty by the directors and officers of Diversified Energy Company (NYSE:DEC) related to the Company's Asset Retirement Obligations for well decommissioning. Diversified Energy is the largest owner of natural gas wells in the United States, with over 73,000 wells across the Appalachian Basin and Central Region. The Company discloses approximately $642 million in Asset Retirement Obligations-an average of roughly $8,800 per well. Industry benchmarks for decommissioning costs, however, range from $50,000 to $150,000 per well, suggesting actual liabilities may be $3 billion to $5 billion higher than disclosed. In November 2024, Diversified settled a class action brought by West Virginia landowners, agreeing to plug 2,600 wells by 2034-a 4.5-fold increase over prior commitments. At the Company's current plugging rate, its full well inventory would take over 200 years to retire. Congressional Democrats have formally questioned whether Diversified is "severely underestimating" its plugging costs, citing independent estimates of over $2 billion in deferred environmental liabilities. Highful Law PLLC is investigating whether Diversified's directors breached their fiduciary duties by permitting materially understated decommissioning liability disclosures and failing to implement adequate oversight of this mission-critical risk. If you are a Diversified Energy shareholder with information relevant to this investigation, please contact Highful Law PLLC at info@highful.law or (512) 666-7426. Attorney Advertising. Prior results do not guarantee similar outcomes. About Highful Law PLLC Highful Law PLLC is a boutique law firm in Austin, Texas, dedicated to representing plaintiffs in securities litigation. With a focus on strategic, client-centered representation, the firm combines defense-side insight with a commitment to corporate accountability. Find out more at www.highful.law. View source version on businesswire.com: https://www.businesswire.com/news/home/20260112029038/en/ back
Global Partners Announces Cash Distribution on Series B Preferred Units
Global Partners Announces Cash Distribution on Series B Preferred Units WALTHAM, Mass., Jan. 12 /BusinessWire/ -- Global Partners LP (NYSE:GLP) (the "Partnership") today announced that the Board of Directors (the "Board") of its general partner, Global GP LLC, has declared a quarterly cash distribution of $0.59375 per unit ($2.375 per unit on an annualized basis) on the Partnership's 9.50% fixed-rate Series B preferred units for the period from November 15, 2025 through February 14, 2026. The distribution will be paid on February 17, 2026 to Series B preferred unitholders of record as of the opening of business on February 2, 2026. Non-U.S. Withholding Information Concurrent with this announcement we are providing qualified notice to brokers and nominees that hold Global Partners LP units on behalf of non-U.S. investors under Treasury Regulation Section 1.1446-4(b) and (d) and Treasury Regulation Section 1.1446(f)-4(c)(2)(iii). Brokers and nominees should treat one hundred percent (100%) of Global Partners LP's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. In addition, brokers and nominees should treat one hundred percent (100%) of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold. Accordingly, Global Partners LP's distributions to non-U.S. investors are subject to federal income tax withholding at a rate equal to the highest applicable effective tax rate plus ten percent (10%). Nominees, and not Global Partners LP, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of non-U.S. investors. About Global Partners LP Building on a legacy that began more than 90 years ago, Global Partners has evolved into a Fortune 500 company and industry-leading integrated owner, supplier, and operator of liquid energy terminals, fueling locations, and guest-focused retail experiences. Global operates or maintains dedicated storage at 54 liquid energy terminals-with connectivity to strategic rail, pipeline, and marine assets-spanning from Maine to Florida and into the U.S. Gulf States. Through this extensive network, the company distributes gasoline, distillates, residual oil, and renewable fuels to wholesalers, retailers, and commercial customers. In addition, Global owns, operates and/or supplies approximately 1,700 retail locations across the Northeast states, the Mid-Atlantic, and Texas, providing the fuels people need to keep them on the go at their unique guest-focused convenience destinations. Recognized as one of Fortune's Most Admired Companies, Global Partners is embracing progress and diversifying to meet the needs of the energy transition. Global, a master limited partnership, trades on the New York Stock Exchange under the ticker symbol "GLP." For additional information, visit www.globalp.com. Forward-looking Statements Certain statements and information in this press release may constitute "forward-looking statements." The words "believe," "expect," "anticipate," "plan," "intend," "foresee," "should," "would," "could" or other similar expressions are intended to identify forward-looking statements, which are generally not historical in nature, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on Global's current expectations and beliefs concerning future developments and their potential effect on the Partnership. While management believes that these forward-looking statements are reasonable as and when made, there can be no assurance that future developments affecting the Partnership will be those that it anticipates. Forward-looking statements involve significant risks and uncertainties (some of which are beyond the Partnership's control) including, without limitation, uncertainty around the timing of an economic recovery in the United States which will impact the demand for the products we sell and the services that we provide, and assumptions that could cause actual results to differ materially from the Partnership's historical experience and present expectations or projections. We believe these assumptions are reasonable given currently available information. Our assumptions and future performance are subject to a wide range of business risks, uncertainties and factors, which are described in our filings with the Securities and Exchange Commission (SEC). For additional information regarding known material factors that could cause actual results to differ from the Partnership's projected results, please see Global's filings with the SEC, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Global undertakes 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. View source version on businesswire.com: https://www.businesswire.com/news/home/20260108832500/en/ back
COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2025 EARNINGS DATE AND CONFERENCE CALL INFORMATION
COMSTOCK RESOURCES, INC. ANNOUNCES FOURTH QUARTER 2025 EARNINGS DATE AND CONFERENCE CALL INFORMATION FRISCO, TX, Jan. 12, 2026 (GLOBE NEWSWIRE) -- Comstock Resources, Inc. (NYSE:CRK) plans to release its fourth quarter 2025 results on February 11, 2026 after the market closes and host its quarterly conference call at 10:00 a.m. CT on February 12, 2026 to discuss the fourth quarter results. Parties interested in participating in the conference call telephonically will need to register at https://register-conf.media-server.com/register/BIae8372c1163d420aa61e1af518726ae0. Upon registering to participate in the conference call, participants will receive the dial-in number and a personal PIN number to access the conference call. On the day of the call, please dial in at least 15 minutes in advance to ensure a timely connection to the call. ~~~ The conference call will also be broadcast live in listen-only mode and can be accessed via the website URL: https://edge.media-server.com/mmc/p/fhhg297w. ~~~ A replay of the fourth quarter 2025 conference call will be available for twelve months beginning at 1:00 p.m. CT on February 12, 2026. The replay of the conference can be accessed using the webcast link: https://edge.media-server.com/mmc/p/fhhg297w. About Comstock Resources: Comstock Resources is a leading independent natural gas producer with operations focused on the development of the Haynesville Shale in North Louisiana and East Texas. A slide show presentation on the financial results will be available on Comstock's website at www.comstockresources.com. Click on "Quarterly Results" to view the slide show.
Forum Energy Technologies Announces Appointment of The Honorable Leslie A. Beyer to its Board of Directors
Forum Energy Technologies Announces Appointment of The Honorable Leslie A. Beyer to its Board of Directors HOUSTON, Jan. 12 /BusinessWire/ -- Forum Energy Technologies, Inc. (NYSE:FET) today announced the appointment of The Honorable Leslie A. Beyer to its Board of Directors. Ms. Beyer will also serve as a member of the Compensation & Human Capital Committee and the Nominating, Governance & Sustainability Committee. Ms. Beyer is the former Assistant Secretary of the Interior for Land and Minerals Management at the U.S. Department of Interior. Prior to that, Ms. Beyer served as Chief Executive Officer of the Energy Workforce and Technology Council (EWTC), the global energy technology and services association representing over 650,000 employees in the energy workforce. Before joining the EWTC, Ms. Beyer spent 15 years in Washington, DC serving in policy and public affairs roles in the U.S. Senate, U.S. State Department, and White House Executive Office of the President. Mr. Neal Lux, FET's President and Chief Executive Officer, remarked, "I am pleased that Ms. Beyer will be rejoining FET as an independent director. Her recent experience with the U.S. federal government will bring new insights and perspectives to our company. In addition, Ms. Beyer's significant industry experience collaborating with FET's customers will contribute to our robust Board discussions." Ms. Beyer stated, "Rejoining the FET team is a tremendous opportunity to bring critical insights on the regulatory environment and energy expansion that will directly advance our strategic objectives. I am committed to working with management and the Board to realize the company's strategic vision, FET 2030." FET (Forum Energy Technologies) is a global company, serving the oil, natural gas, industrial, renewable energy, and defense industries. FET provides value added solutions that increase the safety and efficiency of energy exploration and production. We are an environmentally and socially responsible company headquartered in Houston, TX with manufacturing, distribution and service facilities strategically located throughout the world. For more information, please visit www.f-e-t.com. View source version on businesswire.com: https://www.businesswire.com/news/home/20260109512496/en/ back
Energy Leaders Abunayyan Holding and Nextpower Complete Formation of Joint Venture, Nextpower Arabia
Energy Leaders Abunayyan Holding and Nextpower Complete Formation of Joint Venture, Nextpower Arabia New Saudi manufacturing facility to produce advanced solar tracking systems for the Middle East and North Africa region RIYADH, Saudi Arabia, Jan. 12 /BusinessWire/ -- Nextpower (NASDAQ:NXT,formerlyNextracker) and Abunayyan Holding today announced the completion of the incorporation of the previously announced joint venture, Nextpower Arabia, headquartered in Riyadh, Kingdom of Saudi Arabia. The new joint venture will accelerate the deployment of utility-scale solar power plants across the Middle East and North Africa (MENA) region, supporting national and regional renewable energy transformation objectives and Net Zero targets. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260111848469/en/ As part of the new joint venture, the partners also announced a new advanced manufacturing facility in Jeddah, Saudi Arabia. Nextpower Arabia will provide advanced tracker systems, yield management, and control solutions for installation on large-scale solar projects across the MENA region. The facility is expected to enable total manufacturing and localized supply chain capacity of up to 12 GW per year, supporting the creation of up to 2,000 jobs and development of local engineering and technical talent within the Kingdom. Currently under construction on a 42,000-square-meter site, the production facility is anticipated to open in Q2 of calendar year 2026 and will manufacture Nextpower's comprehensive portfolio of solar tracking systems, adding up to 600 employees (watch the video). Khalid Abunayyan, Chairman of Abunayyan Holding, said, "Making energy and water supply readily accessible, sustainable, and affordable is essential to the continued economic and social development of Saudi Arabia and our partners across the region. It is also central to the core values and DNA of Abunayyan Holding. Partnering with Nextpower, a true pioneer in the international solar energy community, strengthens our role in advancing Saudi's clean energy vision by localizing advanced manufacturing and technologies, building local capacity development, and creating lasting value for generations to come." Dan Shugar, founder and CEO of Nextpower, said, "Saudi Arabia is a strategic market for Nextpower as we expand our ability to serve customers across the Middle East. The Kingdom is making significant progress in advancing the energy transition, and we're proud and honored to support these monumental initiatives with proven solar technology and trusted local partnerships. Abunayyan Group's regional expertise and alignment with our business focus make them the right partner to help deliver greater value, faster, for customers in the region." Turki Al-Amri, Abunayyan Holding CEO and Nextpower Arabia Chairman and CEO, said, "Our manufacturing facility represents the first step in our strategic vision to strengthen and localize the solar supply chain for our partners across the MENA region and enhance collaboration to deliver highly efficient and cost-effective clean energy. By sourcing core materials such as Saudi-produced steel through our strategic partners and manufacturing locally, we are supporting economic diversification and industrial growth that is at the foundation of Saudi Vision 2030." Nextpower Arabia combines the deep regional expertise of Riyadh-based Abunayyan Holding with the global solar technology leadership of Nextpower. Abunayyan Holding brings more than 75 years of experience developing and privatizing the operation of critical water and energy infrastructure across Saudi and the MENA region. The company was a key driver of the consortium behind the founding and growth of several development arms and forming joint ventures that bring leading technology to the region. U.S.-headquartered Nextpower is a global leader in advanced solar tracking systems and software, with over 150 GW of trackers under fulfilment or operational across more than 45 countries worldwide. This total includes more than 6 GW of solar projects across the Middle East and Africa, such as Phase V of the Mohammed Bin Rashid Al Maktoum Solar Park in the UAE and 3 GW of Saudi landmark projects, including: 405 MWp of the Sakaka Solar Park, the Kingdom's first utility-scale solar project 1,170 MWp Al Kahfah project 449 MWp Tabarjal project 450 MWp of the Sudair project Nextpower Arabia is well positioned to support the National Renewable Energy Program in the Kingdom of Saudi Arabia, which targets increasing the share of renewables in the country's energy mix by 2030. Localizing manufacturing in the Kingdom will also support Saudi Arabia's industrialization and export development plans while helping reduce the cost of clean energy for major projects across the region. According to the Middle East Solar Industry Association's (MESIA) recent 2025 Solar Outlook Report, cost competitiveness and improving production efficiencies are accelerating solar adoption and government-backed clean energy strategies, with regional solar capacity projected to exceed 180 GW by 2030. In support of this growth opportunity, Abunayyan Holding and Nextpower anticipate funding the joint venture with approximately $88 million (approximately 330 million Saudi Riyals) in equity and public and private debt financings over the next two years alone. This capital will facilitate the buildout of the state-of-the-art manufacturing facility and development of highly skilled technical and engineering capabilities with a track record in operational excellence. About Nextpower Nextpower™ (Nasdaq: NXT, formerly Nextracker) designs, engineers, and delivers an advanced energy technology platform for solar power plants, innovating across structural, electrical, and digital domains. Our integrated solutions are designed to streamline project execution, increase energy yield and long-term reliability, and enhance customer ROI. Building on over a decade of technology and market leadership, the company delivers intelligent power generation systems and services to meet rapidly expanding global electricity demand. Nextpower partners with the world's leading energy companies to power what's next. Learn more at www.nextpower.com. About Abunayyan Holding Abunayyan Holding is one of Saudi Arabia's most established and leading companies in the fields of water, energy, and infrastructure. With a legacy spanning more than 75 years of leadership and innovation, the company provides integrated solutions that contribute to sustaining life and supporting the Kingdom's national development goals. The Group comprises a portfolio of strategic subsidiaries covering the full value chain across water, renewable energy, treatment, industrial equipment, and smart infrastructure, serving both local and regional markets in Saudi Arabia and the broader Middle East and North Africa region. Through its local and international partnerships, Abunayyan Holding plays a key role in localizing technologies and empowering national talent in alignment with the objectives of Saudi Vision 2030 to build a prosperous, sustainable, and innovation-driven economy. For more information, please visit Abunayyan Holding. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including: statements regarding the deployment of utility-scale solar power plants in MENA and the ability to reach renewable energy objectives, including Net Zero targets; statements regarding the speed, cost efficiency and supply-chain optimization anticipated from the joint venture; statements regarding the development of manufacturing facilities and the benefits associated with such development, including capacity increases and job creation; and statements regarding the anticipated benefits of the joint venture, and future opportunities for the joint venture, including the benefits customers may realize as a result of the joint venture. These forward-looking statements are only predictions and may differ materially from actual results due to a variety of factors including: the satisfaction of other closing conditions and the ability of Nextpower to successfully integrate operations and employees in the joint venture; the market demand for products, solutions and services offered by the joint venture and the joint venture's ability to deliver them to customers; the risks of operating in the Kingdom and the MENA region; unexpected costs, charges or expenses resulting from the joint venture; the joint venture's ability to successfully grow its business; potential adverse reactions or changes to business relationships resulting from the announcement or completion of the joint venture; the retention of key employees, customers, or suppliers; projections regarding the global demand for electricity and solar power; macro-economic trends; and legislative, regulatory and economic developments, including changing business conditions in our industry or markets overall and the economy in general. These statements involve risks and uncertainties that could cause the actual results to differ materially from those anticipated by these forward-looking statements, including risks and uncertainties that are also described under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in Nextpower's most recent Quarterly Report on Form 10-Q, Annual Report on Form 10-K and other documents that Nextpower has filed or will file with the Securities and Exchange Commission. There may be additional risks that Nextpower and/or the joint venture is not aware of or that Nextpower and/or the joint venture currently believes are immaterial that could also cause actual results to differ from these forward- looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements. Nextpower and the joint venture assume no obligation to update these forward-looking statements. View source version on businesswire.com: https://www.businesswire.com/news/home/20260111848469/en/ back
Enbridge Inc. to Host Webcast to Discuss 2025 Fourth Quarter Results on February 13
Enbridge Inc. to Host Webcast to Discuss 2025 Fourth Quarter Results on February 13 CALGARY, AB, Jan. 8, 2026 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) (Enbridge or the Company) will host a conference call and webcast on February 13, 2026, at 7 a.m. MT (9 a.m. ET) to provide a business update and review 2025 fourth quarter results. The conference call format will include prepared remarks from the executive team, followed by a question-and-answer session for the analyst and investor community only. Enbridge's media and investor relations teams will be available after the call for any additional questions.Enbridge will announce its financial results before markets open on February 13, 2026.2025 Fourth Quarter Earnings Webcast and Conference CallDetails of the webcastWhen: Friday, February 13, 20267 a.m. MT (9 a.m. ET)Webcast: Sign-upCall: Dial-in (Audio only - please dial in 15 minutes ahead):North America Toll Free: 1-800-606-3040Outside North America: 1-646-307-1689Conference ID: 9581867A webcast replay and transcript will be posted to Enbridge's website shortly after the conclusion of the event.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. We're advancing 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: MediaToll Free: (888) 992-0997Email: media@enbridge.comInvestment CommunityToll Free: (800) 481-2804Email: investor.relations@enbridge.com View original content:https://www.prnewswire.com/news-releases/enbridge-inc-to-host-webcast-to-discuss-2025-fourth-quarter-results-on-february-13-302656948.htmlSOURCE Enbridge Inc.
FRO - Strategic Fleet Renewal and Expansion
FRO - Strategic Fleet Renewal and Expansion Acquisition and Sale of VLCCs Frontline plc ("Frontline") (NYSE:FRO,OSE,FRO) announces a strategic fleet renewal initiative, involving both the acquisition of new vessels and the sale of older vessels. Sale of eight of its oldest 1st generation ECO VLCCs The Company has entered into an agreement to sell eight of its oldest 1st generation ECO Very Large Crude Carriers (VLCCs), built between 2015 and 2016. These vessels are being sold for a total sales price of $831.5 million, with delivery to the new owner scheduled during the first quarter of 2026. After repayment of existing debt on the vessels, the transaction is expected to generate net cash proceeds of approximately $486.0 million and the Company expects to record a gain in the first quarter of 2026 in the range of approximately $217.4 million to $226.7 million, depending on the delivery date of each vessel. The sale remains subject to certain closing conditions, in line with industry standards. Acquisition of nine latest generation scrubber-fitted ECO VLCC newbuilding contracts In parallel, the Company has entered into an agreement to acquire nine latest generation scrubber-fitted ECO VLCC newbuilding contracts from an affiliate of Hemen Holding Limited, the Company's largest shareholder, for an aggregate purchase price of $1,224.0 million. Of these nine vessels, six are currently under construction at the Hengli shipyard and three at the Dalian shipyard in China. The delivery schedule for the vessels is attractive, with seven vessels due for contract delivery during 2026, commencing in the third quarter, one vessel expected in the first quarter of 2027 and the final vessel anticipated in the second quarter of 2027. The payment schedule for these acquisitions is weighted towards delivery, with the largest portion of the instalments due upon delivery of each vessel. The Company intends to finance this acquisition with cash and long-term debt financing. The acquisition remains subject to certain closing conditions, in line with industry standards. Management Commentary Lars H. Barstad, Chief Executive Officer of Frontline Management AS, commented on these transactions: "These two transactions enable Frontline to renew its fleet by replacing 10-year-old first-generation ECO vessels with latest-generation, scrubber-fitted ECO vessels at very firm pricing. This aligns with our strategy of operating one of the most modern, cost- and fuel-efficient fleets in the market. The acquisition also supports our objective of increasing exposure to the VLCC segment without adding to overall vessel supply. The delivery schedule is particularly attractive, falling within a period that is generally considered closed to newbuild orders. Through this transaction, Frontline is making tangible progress toward improved fuel efficiency and reduced carbon emissions." Fleet Composition Post-Transaction Upon completion of these transactions, Frontline's fleet will comprise of 81 vessels, including 42 VLCCs, 21 Suezmax tankers and 18 LR2/Aframax tankers. January 8, 2026 The Board of Directors Frontline plc Limassol, Cyprus DNB Carnegie, a part of DNB Bank ASA, is acting as financial advisor to Frontline and has also rendered a fairness opinion in connection with the transaction. Contact Information For further information, please contact: Lars H. Barstad: Chief Executive Officer, Frontline Management AS +47 23 11 40 00 Inger M. Klemp: Chief Financial Officer, Frontline Management AS +47 23 11 40 00 Forward-Looking Statements Matters discussed in this announcement may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements, which include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. Frontline and its subsidiaries, desire to take advantage of the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbour legislation. This announcement and any other written or oral statements made by Frontline or its behalf may include forward-looking statements, which reflect its current views with respect to future events and financial performance and are not intended to give any assurance as to future results. When used in this document, the words "believe," "anticipate," "intend," "estimate," "forecast," "project," "plan," "potential," "will," "may," "should," "expect" and similar expressions, terms or phrases may identify forward-looking statements. The forward-looking statements in this announcement are based upon various assumptions, including without limitation, management's examination of historical operating trends, data contained in our records and data available from third parties. Although Frontline believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond Frontline's control, it cannot assure you that Frontline will achieve or accomplish these expectations, beliefs or projections. Frontline undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. In addition to these important factors and matters discussed elsewhere herein, important factors that, in Frontline's view, could cause actual results to differ materially from those discussed in the forward-looking statements include the parties' ability to obtain the necessary regulatory approvals and to meet other closing conditions to complete the transactions referenced herein, as well as important factors described from time to time in the reports and other documents, including filings with the U.S. Securities and Exchange Commission. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
Enterprise Declares Quarterly Distribution
Enterprise Declares Quarterly Distribution HOUSTON, Jan. 08 /BusinessWire/ -- Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise") announced today that the board of directors of its general partner declared a quarterly cash distribution to be paid to Enterprise common unitholders with respect to the fourth quarter of 2025 of $0.55 per unit, or $2.20 per unit on an annualized basis. The quarterly distribution will be paid Friday, February 13, 2026, to common unitholders of record as of the close of business Friday, January 30, 2026. This distribution represents a 2.8 percent increase over the distribution declared with respect to the fourth quarter of 2024. Enterprise repurchased approximately $50 million of its common units during the fourth quarter of 2025, bringing total repurchases in 2025 to approximately $300 million. Inclusive of these purchases, the partnership has utilized approximately 29 percent of its authorized $5.0 billion buyback program. Enterprise will announce its earnings for the fourth quarter of 2025 on Tuesday, February 3, 2026, before the New York Stock Exchange opens for trading. Following the announcement, the partnership will host a conference call at 9 a.m. Central Time with analysts and investors to discuss earnings. The call will be webcast live on the Internet and may be accessed through the "Investors" section of the partnership's website at www.enterpriseproducts.com. A replay of the webcast will be available following the conference call and may be accessed approximately one hour after completion of the call. Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and marine terminals; crude oil gathering, transportation, storage and marine terminals; petrochemical and refined products transportation, storage and marine terminals; and a marine transportation business that operates on key U.S. inland and intracoastal waterway systems. The partnership's assets currently include more than 50,000 miles of pipelines; over 300 million barrels of storage capacity for NGLs, crude oil, petrochemicals and refined products; and 14 billion cubic feet of natural gas storage capacity. Qualified Notice for Non-U.S. Unitholder Income Tax Withholding This release is intended to serve as qualified notice under Treasury Regulation Section 1.1446-4(b)(4) and (d). Brokers and nominees should treat one hundred percent of Enterprise's distributions to non-U.S. investors as being attributable to income that is effectively connected with a United States trade or business. Accordingly, Enterprise's distributions to non-U.S. investors are subject to federal income tax withholding at the highest applicable effective tax rate. For purposes of Treasury Regulation section 1.1446(f)-4(c)(2)(iii), brokers and nominees should treat one hundred percent of the distributions as being in excess of cumulative net income for purposes of determining the amount to withhold. Nominees, and not Enterprise Products Partners L.P., are treated as withholding agents responsible for any necessary withholding on amounts received by them on behalf of foreign investors. This press release includes "forward-looking statements" as defined by the Securities and Exchange Commission. All statements, other than statements of historical fact, included herein that address activities, events, developments or transactions that Enterprise and its general partner expect, believe or anticipate will or may occur in the future are forward-looking statements. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from expectations, including required approvals by regulatory agencies, the possibility that the anticipated benefits from such activities, events, developments or transactions cannot be fully realized, the possibility that costs or difficulties related thereto will be greater than expected, the impact of competition, and other risk factors included in Enterprise's reports filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Except as required by law, Enterprise does not intend to update or revise its 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/20260108465121/en/ back