London, 12 February 2024, (Oilandgaspress): – Stellantis N.V. today announced it intends to increase production capacity of electric drive modules (EDMs) by adding production in Szentgotthard, Hungary, targeted to begin in late 2026. The €103 million investment in Szentgotthard, including grants and contributions from the Hungarian...
HOUSTON--(BUSINESS WIRE)--Expro (NYSE: XPRO), a leading provider of energy services, today announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire Coretrax, a technology ...
TORONTO--(BUSINESS WIRE)--$ELBM--Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra”, “Company”) announced today that in accordance with its Long-Term Incentive Plan approved by shareholders at its October 24, 2023 annual gener...
HOUSTON--(BUSINESS WIRE)--Flame Acquisition Corp. (“Flame”) today announced the results for the proposals considered and voted upon by its stockholders at its special meeting on February 12, 2024. Flame reported that all of the proposals submitted to i...
Accelerated Earnings Growth in the Fourth Quarter Driven by Strong Execution of Price Programs and Optimization of Cost of Operations Robust Full-Year Cash from Operations Driven by Growth in Operating EBITDAHOUSTON--(BUSINESS WIRE)--WM (NYSE: WM) tod...
FERGUS FALLS, Minn.--(BUSINESS WIRE)--Otter Tail Corporation (Nasdaq: OTTR) today announced financial results for the quarter and year ended December 31, 2023. 2023 SUMMARY (in millions, except per share amounts) Q4 2023 Q4 2022 ...
TULSA, Okla.--(BUSINESS WIRE)--Omnia Midstream Partners has been selected by the U.S. Department of Energy (DOE) to advance a large-scale carbon storage feasibility study in the Delaware Basin located in West Texas. Omnia's Permian Regional Carbon Stor...
TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (the “Company” or “H&P”) (NYSE: HP) today announced that the Company and Saudi Aramco have finalized the contractual terms related to a recent 7-rig tender award. The seven super-spec rigs ...
Fourth Quarter 2023 Highlights Reported sales of $548 million, up 9% on a reported basis and down 1% organically Reported operating margin of 14.4%, up 100 bps; adjusted operating margin of 15.8%, up 150 bps Reported EPS of $1.67, down 19%; adjus...
BROOKWOOD, Ala.--(BUSINESS WIRE)--Warrior Met Coal, Inc. (NYSE:HCC) (“Warrior” or the “Company”) today announced that its board of directors has declared a special cash dividend of $0.50 per share to be paid on March 7, 2024, to stockholders of record ...
HOUSTON--(BUSINESS WIRE)--ECA MARCELLUS TRUST I (OTC Pink: ECTM) announced today that the Trust’s distribution for the quarter ended December 31, 2023, will be $0.030 per unit, which is expected to be distributed on or before February 29, 2024, to hold...
ST. LOUIS--(BUSINESS WIRE)--Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, has closed its previously announced acquisition of substantially all of the assets of Eastern Supply Inc. and a ...