Oil shale

Par Pacific Holdings Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, May 3, 2023

HOUSTON, May 03, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended March 31, 2023.

Key Points: 
  • HOUSTON, May 03, 2023 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific” or the “Company”) today reported its financial results for the quarter ended March 31, 2023.
  • First quarter 2023 Adjusted Net Income was $137.5 million, compared to an Adjusted Net Loss of $(27.4) million in the first quarter of 2022.
  • First quarter 2023 Adjusted EBITDA was $167.6 million, compared to $12.4 million in the first quarter of 2022.
  • Refining segment Adjusted EBITDA was $152.7 million in the first quarter of 2023, compared to $4.5 million in the first quarter of 2022.

CVR Energy Reports First Quarter 2023 Results and Announces a Cash Dividend of 50 Cents

Retrieved on: 
Monday, May 1, 2023

“CVR Energy reported solid results for the first quarter 2023 including the impacts of scheduled downtime related to the Coffeyville refinery’s coker turnaround,” said Dave Lamp, CVR Energy’s Chief Executive Officer.

Key Points: 
  • “CVR Energy reported solid results for the first quarter 2023 including the impacts of scheduled downtime related to the Coffeyville refinery’s coker turnaround,” said Dave Lamp, CVR Energy’s Chief Executive Officer.
  • CVR Energy also announced a 2023 first quarter cash dividend of 50 cents per share.
  • “CVR Partners achieved strong results for the first quarter 2023 driven by record production offset somewhat by lower fertilizer pricing during the quarter,” Lamp said.
  • CVR Energy announced a first quarter 2023 cash dividend of 50 cents per share.

NFT Tallinn to Be the Flagship Large-Scale Web3 Event in Northern and Eastern Europe

Retrieved on: 
Friday, March 31, 2023

Tallinn, Estonia--(Newsfile Corp. - March 30, 2023) - After a successful conference in 2022, NFT Tallinn returns to Tallinn, Estonia as the flagship large-scale Web3 event in Northern and Eastern Europe in May 2023.

Key Points: 
  • Tallinn, Estonia--(Newsfile Corp. - March 30, 2023) - After a successful conference in 2022, NFT Tallinn returns to Tallinn, Estonia as the flagship large-scale Web3 event in Northern and Eastern Europe in May 2023.
  • The conference will host over 1,500 attendees from May 8 to 10, at a unique venue called Tallinn Creative Hub.
  • Tallinn is an excellent location for such an event, and Web3 is booming in the region.
  • Estonia equals Web3, and NFT Tallinn is a must-visit Web3 event in 2023 for everyone within the Web3 ecosystem, and also the new folks.

H.B. Fuller Reports First Quarter 2023 Results

Retrieved on: 
Wednesday, March 29, 2023

Fuller Company (NYSE: FUL) today reported financial results for its first quarter that ended March 4, 2023.

Key Points: 
  • Fuller Company (NYSE: FUL) today reported financial results for its first quarter that ended March 4, 2023.
  • Summary of First Quarter 2023 Results:
    Net revenue for the first quarter of fiscal 2023 was $809 million, down 5.5% versus the first quarter of fiscal 2022.
  • Fuller for the first quarter of fiscal 2023 was $22 million, or $0.39 per diluted share.
  • Net debt at the end of the first quarter of fiscal 2023 was $1,748 million, up $63 million sequentially versus the fourth quarter.

Purpose Investments Inc. Announces March 2023 Distributions for Purpose US Dividend Fund

Retrieved on: 
Friday, March 17, 2023

TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of March 2023 for Purpose US Dividend Fund. The ex-distribution date is March 23, 2023.

Key Points: 

TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- Purpose Investments Inc. (“Purpose”) is pleased to announce distributions for the month of March 2023 for Purpose US Dividend Fund. The ex-distribution date is March 23, 2023.

Outlook Therapeutics® Confirms It Has No Exposure to Silicon Valley Bank

Retrieved on: 
Monday, March 13, 2023

ISELIN, N.J., March 13, 2023 (GLOBE NEWSWIRE) -- Outlook Therapeutics, Inc. (Nasdaq: OTLK), a biopharmaceutical company working to develop and launch the first FDA-approved ophthalmic formulation of bevacizumab for use in retinal indications, today announced that it is aware that the Federal Deposit Insurance Corp. has taken control of Silicon Valley Bank (“SVB”).

Key Points: 
  • ISELIN, N.J., March 13, 2023 (GLOBE NEWSWIRE) -- Outlook Therapeutics, Inc. (Nasdaq: OTLK), a biopharmaceutical company working to develop and launch the first FDA-approved ophthalmic formulation of bevacizumab for use in retinal indications, today announced that it is aware that the Federal Deposit Insurance Corp. has taken control of Silicon Valley Bank (“SVB”).
  • Outlook Therapeutics does not hold any deposits or investments at SVB.

Hydrofarm Holdings Group Announces Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Thursday, March 9, 2023

Selling, general and administrative (“SG&A”) expense was $26.2 million in the fourth quarter of 2022, or 42.6% of net sales, compared to $27.7 million in the fourth quarter of 2021, or 25.1% of net sales.

Key Points: 
  • Selling, general and administrative (“SG&A”) expense was $26.2 million in the fourth quarter of 2022, or 42.6% of net sales, compared to $27.7 million in the fourth quarter of 2021, or 25.1% of net sales.
  • Adjusted Net Loss(1)(2) was $(20.5) million, or $(0.45) per diluted share, in the fourth quarter of 2022, compared to Adjusted Net Loss(1)(2) of $(0.5) million, or $(0.01) per diluted share, in the fourth quarter of 2021.
  • Adjusted EBITDA(1)(2) was $(8.4) million, or (13.6)% of net sales, in the fourth quarter of 2022, compared to $4.9 million, or 4.5% of net sales, in the fourth quarter of 2021.
  • The Company will host a conference call to discuss financial results for the fourth quarter and full year 2022 today at 4:30 p.m. Eastern Time.

Viant Technology Announces Fourth Quarter and Full Year 2022 Financial Results

Retrieved on: 
Thursday, March 2, 2023

Viant Technology Inc. (Nasdaq: DSP), a leading people-based advertising technology company, today reported financial results for its fourth quarter and full year ended December 31, 2022.

Key Points: 
  • Viant Technology Inc. (Nasdaq: DSP), a leading people-based advertising technology company, today reported financial results for its fourth quarter and full year ended December 31, 2022.
  • “We closed out 2022 with results within our guidance or better, as customers are shifting more of their budgets to our omnichannel, people-based advertising platform,” said Tim Vanderhook, Co-Founder and CEO, Viant.
  • For the fourth quarter, advertiser spend increased 9% compared to the third quarter and decreased 13% year-over-year.
  • “We were pleased with our team’s ability to execute in the fourth quarter, despite ongoing challenges across the advertising industry.

Estonian Innovations Take Centre Stage at IDEX 2023, Highlighted by Enterprise Estonia and Milrem Robotics' Acquisition by Edge

Retrieved on: 
Wednesday, February 22, 2023

UAE Defence Conglomerate Edge acquired a majority stake in Estonia's Milrem Robotics, elevating autonomous systems capabilities.

Key Points: 
  • UAE Defence Conglomerate Edge acquired a majority stake in Estonia's Milrem Robotics, elevating autonomous systems capabilities.
  • Also participating in the exhibition is Milrem Robotics, which was recently acquired by UAE-based defence conglomerate Edge.
  • The acquisition of a majority stake in Milrem Robotics by Edge is a visionary investment in the future of the UAE-based defence conglomerate.
  • To learn more about Enterprise Estonia, the participating Estonian companies, or the Estonian Defence and Aerospace Industry Association, visit stand 10-D06 during IDEX or https://eas.ee/en/ .

Estonian Innovations Take Centre Stage at IDEX 2023, Highlighted by Enterprise Estonia and Milrem Robotics' Acquisition by Edge

Retrieved on: 
Wednesday, February 22, 2023

UAE Defence Conglomerate Edge acquired a majority stake in Estonia's Milrem Robotics, elevating autonomous systems capabilities.

Key Points: 
  • UAE Defence Conglomerate Edge acquired a majority stake in Estonia's Milrem Robotics, elevating autonomous systems capabilities.
  • Also participating in the exhibition is Milrem Robotics, which was recently acquired by UAE-based defence conglomerate Edge.
  • The acquisition of a majority stake in Milrem Robotics by Edge is a visionary investment in the future of the UAE-based defence conglomerate.
  • To learn more about Enterprise Estonia, the participating Estonian companies, or the Estonian Defence and Aerospace Industry Association, visit stand 10-D06 during IDEX or https://eas.ee/en/ .