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Evolution Petroleum Reports First Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 Second Quarter

Retrieved on:

Tuesday, November 7, 2023

Evolution reported $20.6 million of total revenue for the current quarter, a 13% increase from the prior quarter.

Key Points:

Evolution reported $20.6 million of total revenue for the current quarter, a 13% increase from the prior quarter.
Lease operating costs (“LOE”) remained relatively flat at $11.9 million in the current quarter compared to $11.8 million in the prior quarter.
During the first quarter of fiscal 2024, the Company fully funded operations, development capital expenditures, and cash dividends through cash generated from operations and working capital.
As previously announced, Evolution Petroleum will host a conference call on Wednesday, November 8, 2023, at 10:00 a.m. Central Time to review its first quarter fiscal 2024 financial and operating results.

Leading Commercial Real Estate Firm Horrell Company Announces New Head of Commercial Property Management

Retrieved on:

Monday, November 6, 2023

Macdonald, Smith, Commercial property, NashvillePost.com, Alexa, Nashville Post Office, Barnett, Management

NASHVILLE, Tenn., Nov. 6, 2023 /PRNewswire/ -- Horrell Company, one of the oldest commercial real estate companies serving Nashville and Middle Tennessee, today announced that Alexa L. Barnett, a Nashville native, will serve as its Head of Commercial Property Management.

Key Points:

NASHVILLE, Tenn., Nov. 6, 2023 /PRNewswire/ -- Horrell Company, one of the oldest commercial real estate companies serving Nashville and Middle Tennessee, today announced that Alexa L. Barnett, a Nashville native, will serve as its Head of Commercial Property Management.
Barnett brings to the company significant commercial property management expertise, with substantial experience managing commercial properties in Nashville and Middle Tennessee.
Barnett joins Horrell Company from Southern Land Company, where she served as Commercial Property Manager overseeing the company's 82,111 SF Class-A restaurant, retail, office and parking garage space at Vertis Green Hills.
"Horrell Company is thrilled to welcome Alexa and I believe her depth of experience in commercial property management and ties to Nashville and Middle Tennessee make her a strong addition to the team," said Elliott Smith, President & CEO of Horrell Company.

Diamondback Energy, Inc. Announces Third Quarter 2023 Financial and Operating Results

Retrieved on:

Monday, November 6, 2023

Sale, Delaware Basin, BOE, Public expenditure, EBITDA, G&A, Roc Oil Company, Free cash flow, Transport, Share repurchase, Hand, Ontario Energy Board, Natural gas, Barnett, Bank, Airline, Holding company, Diamondback

For the first nine months of 2023, Diamondback drilled 235 gross wells in the Midland Basin and 31 gross wells in the Delaware Basin.

Key Points:

For the first nine months of 2023, Diamondback drilled 235 gross wells in the Midland Basin and 31 gross wells in the Delaware Basin.
Diamondback's third quarter 2023 net income was $915 million, or $5.07 per diluted share.
Third quarter 2023 net cash provided by operating activities was $1.4 billion.
Below is Diamondback's guidance for the full year 2023, which includes fourth quarter production, cash tax and capital guidance.

Williams Reports Strong Third-Quarter Results

Retrieved on:

Wednesday, November 1, 2023

In the third quarter, Williams sold its Bayou Ethane system for $348 million in cash, representing a last-twelve-month multiple over 14x Adjusted EBITDA.

Key Points:

In the third quarter, Williams sold its Bayou Ethane system for $348 million in cash, representing a last-twelve-month multiple over 14x Adjusted EBITDA.
Williams has also agreed to purchase KKR’s 50 percent ownership interest in Rocky Mountain Midstream, resulting in 100 percent ownership of Rocky Mountain Midstream for Williams.
Williams' Third-Quarter 2023 Materials to be Posted Shortly; Q&A Webcast Scheduled for Tomorrow
Williams' third-quarter 2023 earnings presentation will be posted at www.williams.com .
A webcast link to the conference call will be provided on Williams’ Investor Relations website.

Giving Compass Rebrands X4Impact as Giving Compass Insights and Welcomes Brandolon Barnett as Head of Innovation & Philanthropy

Retrieved on:

Thursday, October 12, 2023

SEATTLE, Oct. 12, 2023 /PRNewswire/ -- Today, Giving Compass announced the rebranding of recently-acquired X4Impact to Giving Compass (GC) Insights and the appointment of Brandolon Barnett as its new Head of Innovation & Philanthropy. With a new look and feel that is aligned with the 6-year-old Giving Compass brand, GC Insights will become a recognizable leader in nonprofit datasets. The initiative will support Giving Compass' mission focused on donor education and driving philanthropic dollars to underserved nonprofits.

Key Points:

SEATTLE, Oct. 12, 2023 /PRNewswire/ -- Today, Giving Compass announced the rebranding of recently-acquired X4Impact to Giving Compass (GC) Insights and the appointment of Brandolon Barnett as its new Head of Innovation & Philanthropy.
Giving Compass Insights is currently available through APIs to help other platform builders and partners disseminate high-quality learning content and nonprofit stories.
"By offering donors deeper insights to be more effective in their giving journey, Giving Compass is helping more people become impact-driven philanthropists."
"Joining Giving Compass and being part of the launch of Giving Compass Insights is so exciting to me and aligned with my life's work," Barnett said.

Bob King to Retire as Executive Vice President of Treaty Reinsurance

Retrieved on:

Wednesday, August 2, 2023

Insurance, Professional Services, Senior, Management, Tokio Marine, Multimedia, Barnett, Superior, Growth, FSC, Reinsurance

Safety National Re announced today that Bob King will retire as Executive Vice President of Treaty Reinsurance on August 18, 2023.

Key Points:

Safety National Re announced today that Bob King will retire as Executive Vice President of Treaty Reinsurance on August 18, 2023.
View the full release here: https://www.businesswire.com/news/home/20230802430548/en/
After an accomplished career spanning over 35 years in reinsurance, Bob King will retire from Safety National Re as Executive Vice President of Treaty Reinsurance on August 18, 2023.
In 2020, he assumed the role of Senior Vice President of Safety National Re and Department Head of the reinsurance division, then transitioned to Executive Vice President of Treaty Reinsurance in 2021.
Kim Barnett has been appointed to replace King as Executive Vice President of Treaty Reinsurance and will remain as Chief Underwriting Officer of Treaty Reinsurance.

Crestwood Announces Second Quarter 2023 Financial and Operating Results

Retrieved on:

Tuesday, August 1, 2023

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “Company”) reported today its financial and operating results for the three months ended June 30, 2023.

Key Points:

Crestwood Equity Partners LP (NYSE: CEQP) (“Crestwood” or “Company”) reported today its financial and operating results for the three months ended June 30, 2023.
Gathering and Processing North segment EBITDA totaled $137 million in the second quarter 2023, compared to $153 million in the second quarter 2022, a decrease of 10% year-over-year.
Storage & Logistics segment EBITDA totaled $13 million in the second quarter 2023, compared to $5 million in the second quarter 2022, an increase of 185% year-over-year.
Combined O&M and G&A expenses, net of non-cash unit-based compensation, in the second quarter 2023 were $69 million compared to $65 million in the second quarter 2022.

Salsify Bolsters Board with Visionary Leader Jeff Barnett, Former CEO of Salesforce Commerce Cloud

Retrieved on:

Wednesday, July 26, 2023

“Similar to how Demandware created a new paradigm for e-commerce success, Salsify too, is empowering retailers and global brands to lead the way in the digital age,” said Jeff Barnett.

Key Points:

“Similar to how Demandware created a new paradigm for e-commerce success, Salsify too, is empowering retailers and global brands to lead the way in the digital age,” said Jeff Barnett.
“As a new member of the Salsify Board, I look forward to championing their digital shelf mission as a critical C-suite level concern.
Most recently, he was CEO of Salesforce Commerce Cloud upon the company’s acquisition of Demandware in 2016.
At Salsify, Jeff will play a pivotal role in helping the company seize new market opportunities, develop strategic partnerships, and accelerate its growth trajectory.

BKV Advances Toward Net-Zero Goal With Achievements in Sustainability: 2022 Report

Retrieved on:

Monday, June 5, 2023

ExxonMobil, Sustainability reporting, Silent Scope 2, Carbon, Barnett, Acquisition, Ethics, BKV, CCUS, Renewable energy

DENVER, June 5, 2023 /PRNewswire-PRWeb/ -- BKV Corporation ("BKV"), a forward-thinking, growth-driven energy company, today released its second annual Sustainability Report, which details progress made in 2022 along its path to achieving its goal of net zero Scope 1 and Scope 2 emissions from its owned and operated upstream businesses by the end of 2025, and net zero Scope 1, 2, and 3 emissions from its owned and operated upstream businesses by the early 2030s.

Key Points:

"At BKV, we believe that without action sustainability is just a word.
That's why we're taking meaningful steps to help create a better world through our emission reduction and energy impact goals," says Chris Kalnin, CEO of BKV.
"If 2021 was a year of setting our sustainability commitments, 2022 was a year of striving to deliver on those commitments."
Since then, we have enlisted smart minds committed to the relentless pursuit of that dream.

ZefSci and Northeastern Universities' Barnett Institute Partner to Apply Electron Capture Dissociation (ECD) Technology to LCMS Based Protein Characterization

Retrieved on:

Monday, May 8, 2023

Barnett, Drug discovery, Business development, ECD, Mass spectrometry, Protein, Thermo Fisher Scientific, SAN, Marketing, Fine chemical, Medical device

SAN DIEGO, May 8, 2023 /PRNewswire/ -- Zef Scientific, Inc. along with partner e-MSion, Inc., announce a collaboration to develop novel applications using electron capture dissociation (ECD) technology using Thermo Fisher Scientific's popular Q Exactive™ UHMR Orbitrap LCMS system.

Key Points:

SAN DIEGO, May 8, 2023 /PRNewswire/ -- Zef Scientific, Inc. along with partner e-MSion, Inc., announce a collaboration to develop novel applications using electron capture dissociation (ECD) technology using Thermo Fisher Scientific's popular Q Exactive™ UHMR Orbitrap LCMS system.
Mass spectrometry (MS) based protein characterization has grown into an essential technology in basic biological research as well as drug discovery and development.
Pioneered by e-MSion, ECD enables complimentary innovative top-down, middle-down, and native workflows for the comprehensive characterization of protein sequence, posttranslational modifications, and higher-order structure.
At the Barnett Institute, Dr. Alexander Ivanov's research group focuses on the development of microscale liquid phase separation and mass spectrometry (MS) based proteomic technologies for solving challenging biomedical problems.