Fusion energy gain factor

Zap Energy Raises $27.5 Million to Advance Reactor Technology

Retrieved on: 
Wednesday, May 19, 2021

b'Zap Energy, a pioneer in fusion energy technology, today announced that it has raised $27.5 million in Series B funding.

Key Points: 
  • b'Zap Energy, a pioneer in fusion energy technology, today announced that it has raised $27.5 million in Series B funding.
  • The new financing comes just nine months after closing a $6.5 million Series A funding round, following the achievement of a major scientific milestone in late 2020 that brings Zap Energy closer to energy breakeven.\nZap Energy is building the most compact, low-cost and scalable fusion reactor that does not employ magnets.
  • Zap Energy achieved thermonuclear fusion in 2018 and is targeting scientific energy breakeven by 2023.
  • \xe2\x80\x9cWe are thrilled to partner with Addition and our new investors who share our conviction that Zap Energy\xe2\x80\x99s technology can become one of the key enablers for a sustainable global energy future.\xe2\x80\x9d\n\xe2\x80\x9cAs the transition towards sustainable energy accelerates, Zap Energy has the potential to change the way global energy is produced,\xe2\x80\x9d said Lee Fixel, Founder of Addition.

ISM® Makes Annual Adjustments to Seasonal Factors for ISM® Manufacturing PMI® and Diffusion Indexes and ISM® Services PMI® and Diffusion Indexes

Retrieved on: 
Thursday, January 28, 2021

To compute other indexes, follow steps #1 and #2 above for each indicator.

Key Points: 
  • To compute other indexes, follow steps #1 and #2 above for each indicator.
  • The revised breakeven point for the overall economy is a Services PMI of 49.2 percent.
  • The Manufacturing and Non-Manufacturing ISM Report On Business is published monthly by Institute for Supply Management.
  • ISM leads the profession through the ISM Report On Business, its highly regarded certification programs and the ISM Mastery Model.

August 2020 ISM-New York Report on Business: Not July, But Still an Improvement

Retrieved on: 
Wednesday, September 2, 2020

"The best news is longer term, as the six-month outlook and expected revenues were up in August."

Key Points: 
  • "The best news is longer term, as the six-month outlook and expected revenues were up in August."
  • Current Business Conditions dropped below the breakeven point, falling 10.6 points to 42.9 in August.
  • This is the second highest finding since February (51.9) and also the largest change in this month's report.
  • Although this is an improvement over last month, it falls short of the 67.1 reported in June.

July 2020 ISM-New York Report on Business: The Rebound Continues

Retrieved on: 
Tuesday, August 4, 2020

"As more of the indices reach the breakeven point for multiple consecutive months, planning confidence can increase."

Key Points: 
  • "As more of the indices reach the breakeven point for multiple consecutive months, planning confidence can increase."
  • Current Business Conditions rose 14 points to 53.5 in July, increasing for the third month in a row and reaching a 15-month high.
  • This month marks the first time Current Business Conditions have been above the breakeven point since February.
  • The Six-Month Outlook fell 17.5 points to 49.6, down from the 10-month high of 67.1 reported in June.

U.S. Gulf of Mexico Technological Advancements and ILX Strategy Driving Investments and Reserve Growth

Retrieved on: 
Tuesday, June 16, 2020

This has led to significantly increased reserves around existing infrastructure which improves project economics and utilization of the platforms.

Key Points: 
  • This has led to significantly increased reserves around existing infrastructure which improves project economics and utilization of the platforms.
  • Continued improvements in technology and application to existing reservoir/ field areas are expected to further expand the reserve base around existing platforms along with incremental production.
  • In the recent past, breakeven costs for a greenfield production platform in the deepwater GOM ranged from $50 - $70/BBL.
  • The insights provided in this article are from EAI, Inc.'s recently completed GOM production outlook update as part of its overall Gulf of Mexico Deep Dive Study.

inTEST Reports 2020 First Quarter Financial Results

Retrieved on: 
Friday, May 8, 2020

inTEST expects that net revenues for the 2020 second quarter will be in the range of $11.5 million to $13.0 million and that our financial results will range from a net loss per diluted share of $(0.09) to breakeven.

Key Points: 
  • inTEST expects that net revenues for the 2020 second quarter will be in the range of $11.5 million to $13.0 million and that our financial results will range from a net loss per diluted share of $(0.09) to breakeven.
  • The conference call will address the Companys 2020 first quarter financial results and managements current expectations and views of the industry.
  • Please reference the inTEST 2020 Q1 Financial Results Conference Call.
  • These non-GAAP financial measures are used by management to make operational decisions, to forecast future operational results, and for comparison with our business plan, historical operating results and the operating results of our peers.

Viper Energy Partners LP, a Subsidiary of Diamondback Energy, Inc., Provides Update on 2020 Production Guidance and Hedge Position

Retrieved on: 
Thursday, March 19, 2020

Viper is reducing production expectations for the year due to significantly lower expected activity levels on third-party operated properties and slightly lower activity levels from Diamondback.

Key Points: 
  • Viper is reducing production expectations for the year due to significantly lower expected activity levels on third-party operated properties and slightly lower activity levels from Diamondback.
  • Times like these emphasize the value of the Diamondback and Viper relationship, as Diamondback has focused its drilling on areas where Vipers mineral ownership lowers consolidated breakeven economics.
  • Below is Vipers hedge position as of March 18, 2020.
  • The Company continues to actively manage its hedge position by increasing downside protection and monitoring basis differentials.