ESP

Brompton Funds Declare Distributions

Retrieved on: 
Venerdì, Maggio 24, 2024
ESP, DRIP

The funds noted above offer distribution reinvestment plans (“DRIP”) for class A shareholders which provide class A shareholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.

Key Points: 
  • The funds noted above offer distribution reinvestment plans (“DRIP”) for class A shareholders which provide class A shareholders with the ability to automatically reinvest distributions, commission free, and realize the benefits of compound growth.
  • Class A shareholders can enroll in a DRIP program by contacting their investment advisor.
  • In accordance with its articles of incorporation in order to preserve the net asset value, the distribution for the month of May will not be paid on the class A shares of Brompton Energy Split Corp. (“ESP”) as the net asset value per unit (consisting of one class A share and one preferred share) as at May 23, 2023 (after taking into account payment of the cash distribution) was less than $15.00.
  • ESP will re-evaluate the payment of class A share distributions in each month with the expectation that monthly distributions will be announced if the net asset value per unit of each fund meets this requirement.

United States $1.7 Bn Artificial Lift Markets, Competition, Forecast & Opportunities, 2019-2023 & 2024-2029F: Increased Emphasis on Environmental Sustainability, Digitalization and IoT Integration - ResearchAndMarkets.com

Retrieved on: 
Venerdì, Maggio 3, 2024
Oil, Gas, Energy, Internet of things, Traction, Lifting, Carbon, PCP, ESP, Natural gas

Technological advancements in lift systems, incorporating predictive analytics, IoT integration, and adaptive control, are driving significant transformations in the sector.

Key Points: 
  • Technological advancements in lift systems, incorporating predictive analytics, IoT integration, and adaptive control, are driving significant transformations in the sector.
  • A significant trend reshaping the United States Artificial Lift Market is the widespread adoption of digitalization and the integration of Internet of Things (IoT) technologies in lift systems.
  • An emerging trend in the United States Artificial Lift Market revolves around the heightened emphasis on advanced data analytics and predictive maintenance strategies.
  • A growing trend influencing the United States Artificial Lift Market is the industry's heightened emphasis on environmental sustainability and reduced ecological footprint.

ChampionX Reports First Quarter 2024 Results

Retrieved on: 
Mercoledì, Aprile 24, 2024
Permian, TLM, Sale, Methane, Automation, Bacalhau, AI, Software, Pump, Partnership, Artificial intelligence, Water, ALP, IOC, Kingdom, Engineering, Tax, SLB, Montney, British Columbia, Artificial lift, Acquisition, Corrosion, Adjustment, ESP, Santos Basin, Natural gas

Net income attributable to ChampionX of $112.9 million, increased 78% year-over-year

Key Points: 
  • Net income attributable to ChampionX of $112.9 million, increased 78% year-over-year
    Adjusted net income of $96.4 million, increased 17% year-over-year
    Adjusted EBITDA of $191.7 million, increased 4% year-over-year
    THE WOODLANDS, Texas, April 24, 2024 (GLOBE NEWSWIRE) -- ChampionX Corporation (NASDAQ: CHX) (“ChampionX” or the “Company”) today announced first quarter of 2024 results.
  • “During the first quarter of 2024, we generated revenue of $922 million, which decreased 3% year-over-year.
  • Given the pending acquisition of ChampionX by SLB, ChampionX has discontinued providing quarterly guidance and will not host a conference call or webcast to discuss its first quarter 2024 results.
  • Revenue from digital products was $56.8 million in the first quarter of 2024, up 8% sequentially, and down 1% year-over-year.

Raymond James Financial Reports Fiscal Second Quarter of 2024 Results

Retrieved on: 
Mercoledì, Aprile 24, 2024
Total, Raymond James Financial, NIM, Bank, ESP, PCG, Asset management, RJF, Growth, Chair, Video game

Record quarterly net revenues increased 9% over the prior year’s fiscal second quarter and 3% over the preceding quarter, primarily driven by higher asset management and related administrative fees which grew to $1.52 billion.

Key Points: 
  • Record quarterly net revenues increased 9% over the prior year’s fiscal second quarter and 3% over the preceding quarter, primarily driven by higher asset management and related administrative fees which grew to $1.52 billion.
  • Quarterly net income available to common shareholders increased 12% over the prior year’s fiscal second quarter, largely due to higher net revenues along with a legal and regulatory net reserve release of $32 million in the quarter.
  • Compared to the preceding quarter, net income available to common shareholders decreased 5%, largely due to a reset of payroll taxes and salary increases in the fiscal second quarter.
  • During the fiscal second quarter, the firm repurchased 1.70 million shares of common stock for $207 million at an average price of $122 per share.

Weatherford Announces First Quarter 2024 Results and Raises Full Year Margin Guidance

Retrieved on: 
Martedì, Aprile 23, 2024
Petroleum Development Oman, International, BP, Well drilling, WFRD, PTTEP, Artificial intelligence, Capital expenditure, Growth, Gulf of Mexico, Weatherford International, XT, Senior, Machine learning, MPD, Gas lift, Quattro, Acquisition, Line of credit, ESP, Credit, Kuwait Oil Company

HOUSTON, April 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) announced today its results for the first quarter of 2024.

Key Points: 
  • Operating income was $233 million in the first quarter of 2024, compared to $185 million in the first quarter of 2023 and $216 million in the fourth quarter of 2023.
  • First quarter 2024 cash flows provided by operating activities were $131 million, compared to $84 million in the first quarter of 2023 and $375 million in the fourth quarter of 2023.
  • Capital expenditures were $59 million in the first quarter of 2024, compared to $64 million in the first quarter of 2023 and $67 million in the fourth quarter of 2023.
  • We closed the first quarter 2024 with total cash of approximately $937 million as of March 31, 2024, down $126 million sequentially.

Brompton Funds Declare Distributions

Retrieved on: 
Martedì, Aprile 23, 2024
SSF, ESP, LBS, CIQ, DGS, PWI, DRIP, SBC, GDV, LCS

The distribution amount for LCS.PR.A reflects the new distribution rate of $0.70 per annum commencing April 30, 2024.

Key Points: 
  • The distribution amount for LCS.PR.A reflects the new distribution rate of $0.70 per annum commencing April 30, 2024.
  • Distributions for the class A share of Brompton Energy Split Corp. (“ESP”) are being announced for April as the most recently calculated net asset value per unit of ESP as at April 22, 2024, (after taking into account the payment of cash distributions) was greater than $15.00.
  • In accordance with the articles, ESP cash distributions may be paid on the class A shares provided that (a) the distributions payable on the preferred shares are not in arrears, and (b) after the payment of cash distributions, the net asset value per unit is not less than $15.00.
  • Each month, ESP reviews whether the net asset value per unit meets these requirements in order to determine if the class A share distribution will be announced for such month.

Hazelcast Sets Industry Standard for Consistency and Performance for Data-Intensive, Mission-Critical AI Workloads

Retrieved on: 
Mercoledì, Aprile 17, 2024
USD, Global 2000, CPU, Internal, TPC, Memory, Internet of things, AI, Machine learning, Organization, Trust, ESP, Architecture

The new features in Hazelcast Platform 5.4 ensure data consistency, resilience, and high performance.

Key Points: 
  • The new features in Hazelcast Platform 5.4 ensure data consistency, resilience, and high performance.
  • These data challenges, often referred to as the “Day 2 problem,” particularly impact performance, resilience, and scale in production systems.
  • “The latest features of Hazelcast Platform empower developers and data scientists to integrate performance, resilience, and data consistency into their AI applications from the start.
  • While Hazelcast already delivers industry-leading performance, TPC can increase Hazelcast Platform throughput by an additional 30% on large workloads with a high number of clients.

Carlisle SynTec Systems Congratulates Jurin Roofing Services on Winning the 2024 Excellence in Single-Ply Award

Retrieved on: 
Martedì, Aprile 23, 2024
ESP, Professional, History

DUNDEE, Fla., April 23, 2024 /PRNewswire-PRWeb/ -- Jurin Roofing Services, Inc. is proud to announce that they have been awarded the prestigious 2024 Excellence in Single-Ply (ESP) award by Carlisle SynTec Systems. This award recognizes Jurin Roofing Services, Inc. as one of Carlisle's most successful and dedicated contractors in the commercial roofing industry.

Key Points: 
  • Jurin Roofing Services, Inc. has been awarded the prestigious 2024 Excellence in Single-Ply (ESP) award by Carlisle SynTec Systems, recognizing their dedication and success in the commercial roofing industry after the installation of over 19 million square feet of roofing and over 850 perfect 10 installations.
  • DUNDEE, Fla., April 23, 2024 /PRNewswire-PRWeb/ -- Jurin Roofing Services, Inc. is proud to announce that they have been awarded the prestigious 2024 Excellence in Single-Ply (ESP) award by Carlisle SynTec Systems .
  • This award recognizes Jurin Roofing Services, Inc. as one of Carlisle's most successful and dedicated contractors in the commercial roofing industry.
  • Jurin Roofing Services are also Hall of Fame and Fleeceback Champion Award winners with an impressive 50 year history in the roofing industry.

TRILLION ENERGY PROVIDES OPERATIONAL UPDATE

Retrieved on: 
Lunedì, Aprile 8, 2024
PCP, ESP, Water, Oil

Vancouver, B.C., April 08, 2024 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this operational update for the SASB gas field.

Key Points: 
  • Vancouver, B.C., April 08, 2024 (GLOBE NEWSWIRE) -- Trillion Energy International Inc. (“Trillion” or the “Company”) (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is pleased to provide this operational update for the SASB gas field.
  • Trillion is starting the SASB revitalization project now as all relevant equipment and supplies for the start of the operations arrive mid-April 2024.
  • Shifting the start of the SASB revitalization project from the end of the 1st Qtr.
  • Previously, the SASB AL program consisted of PCP pumps, ESP pumps and velocity strings.

Klika Tech Wins EmbeddedWorld Best in Show 2024

Retrieved on: 
Martedì, Aprile 9, 2024
Cloud, Machine learning, Computing, EVP, Data analysis, Embedded, Wireless, ESP, AI, Rainmaker, AWS, Engineering, Wired, ECD

All entries are assessed by the Editorial Team based on Design Excellence, Relative Performance and Market Impact.

Key Points: 
  • All entries are assessed by the Editorial Team based on Design Excellence, Relative Performance and Market Impact.
  • "These are the best-in-class embedded systems and products on the market right now," said Rich Nass, EVP, Open Systems Media.
  • "It's a remarkable honor to be recognized by Embedded Computing Design not just in one, but three significant categories.
  • This triple acknowledgment underscores Klika Tech's diverse expertise and our successful collaborations with AWS, Seeed Studio, Infineon, tinyML, and Espressif Systems.