Energy Independence and Security Act of 2007

Letter to Stockholders Issued by Diamondback Energy, Inc.

Retrieved on: 
Monday, November 6, 2023
Knowledge, Acceleration, JV, Insurance, Sale, Policy, Security (finance), BOE, Public Sector Net Cash Requirement, Water, NGL, G&A, Viperidae, CFPS, GAAP, Acquisition, MBO, Atlas, GRP, Letter, Growth, Transport, EPS, Lake Como, LOE, Deep Blue, Firebird, Net asset value, FCF, WTI, Philosophy, Energy Independence and Security Act of 2007, Bank, Oil, Pharmaceutical industry, Airline, Holding company, Diamondback, Diamondback Energy

Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.

Key Points: 
  • Please see the information regarding forward-looking statements and non-GAAP financial information included at the end of this letter.
  • In summary, Diamondback continues to execute on our business plan with our best-in-class cost structure and strong balance sheet.
  • This JV, of which Diamondback retained 30% ownership, creates the largest independent water business in the Midland Basin and brought in proceeds of ~$500 million to Diamondback.
  • Important information regarding forward-looking statements is included in our earnings release furnished to the SEC simultaneously with this letter.

Senate must pass original version of C-234 for the benefit of farmers and families

Retrieved on: 
Monday, October 30, 2023
House of Commons of Canada, Propane, Act, EV, CPA, Life, Greenhouse Gas Pollution Pricing Act, Gasoline, Legislation, Carbon, Electricity, MP, Energy Independence and Security Act of 2007, City, Politics, Farmer, Greenhouse gas, Heat, House, Commons, Shannon Watt, Natural gas, Senate, Dairy, Agriculture, Renewable energy

In its original form, C-234 permits exemptions for low-emission fuels such as propane and natural gas under the GGPPA.

Key Points: 
  • In its original form, C-234 permits exemptions for low-emission fuels such as propane and natural gas under the GGPPA.
  • Under the Act, similar exemptions already apply to high-emission fuels such as gasoline and diesel.
  • The savings that would be gained under C-234 would be good for farmers and good for families.
  • “It's time for some Senators to stop playing politics with important legislation, start putting farmers and Canadian families first, and pass the original version of C-234.”

EQT Infrastructure to acquire Statera, a leading battery storage and flexible generation platform supporting the UK's renewable energy transition

Retrieved on: 
Monday, November 6, 2023
Energy Independence and Security Act of 2007, EQT, Infrared, Person, Carbon, Electricity, Growth, Transport, Partnership, Traction, EQT Partners, Investment, Simpson Thacher & Bartlett, Renewable energy, Rail transport, Statera BioPharma

In parallel to renewable energy gaining traction and thermal generation being phased out, the sector is experiencing a surge in electrification.

Key Points: 
  • In parallel to renewable energy gaining traction and thermal generation being phased out, the sector is experiencing a surge in electrification.
  • In this evolving situation, the role of energy storage and flexible generation becomes paramount, ensuring a smooth energy transition and maintaining grid stability.
  • Established in 2015 and headquartered in London, Statera is a prominent player in the UK's battery storage and flexible energy generation sector, with a robust development track record.
  • EQT Infrastructure will support the Statera management team and platform by providing access to growth capital to accelerate the deployment of flexible generation across the UK.

SOUTHWEST AIRLINES SIGNS AGREEMENT WITH USA BIOENERGY TO PURCHASE UP TO 680 MILLION GALLONS OF SUSTAINABLE AVIATION FUEL

Retrieved on: 
Thursday, November 2, 2023
Risk, Security (finance), Weather, Terrorism, Southwest Airlines, NYSE, News, Carbon, Consumer, Wilson v Southwest Airlines Co, Transport, SAF, CO2, Annual report, Energy Independence and Security Act of 2007, Airline, Renewable energy

DALLAS, Nov. 2, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) ("Southwest") today announced an offtake agreement with USA BioEnergy, LLC ("USA BioEnergy"), for up to 680 million gallons of neat sustainable aviation fuel (SAF). Over the term of the 20-year agreement, once blended with conventional jet fuel, the SAF could produce the equivalent of 2.59 billion gallons of net-zero1 fuel and avoid 30 million metric tons of CO2. Southwest® plans to begin purchasing SAF from USA BioEnergy's facility near Bon Wier, Texas, as early as 2028. Additionally, as part of the offtake agreement, Southwest and USA BioEnergy have established a long-term strategic relationship offering Southwest the opportunity to purchase up to another projected 180 million gallons of SAF per year from future planned production facilities.

Key Points: 
  • DALLAS, Nov. 2, 2023 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) ("Southwest") today announced an offtake agreement with USA BioEnergy, LLC ("USA BioEnergy"), for up to 680 million gallons of neat sustainable aviation fuel (SAF).
  • Southwest® plans to begin purchasing SAF from USA BioEnergy's facility near Bon Wier, Texas, as early as 2028.
  • Additionally, as part of the offtake agreement, Southwest and USA BioEnergy have established a long-term strategic relationship offering Southwest the opportunity to purchase up to another projected 180 million gallons of SAF per year from future planned production facilities.
  • "We look forward to the opportunity to grow our strategic relationship with USA BioEnergy and potentially purchase more SAF from them in the future."

TriMas Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, October 26, 2023
Packaging, Aerospace, Manufacturing, ESG, Food, Government, Coronavirus, GAAP, Acquisition, Nature, Information technology, Environment, Growth, EPS, ID, Plant, Capital expenditure, Elminster's Ecologies Appendix I: The Battle of Bones / Hill of Lost Souls, HVAC, Climate change, Annual report, Investment, Uncertainty, Energy Independence and Security Act of 2007, Pharmaceutical industry, Video game, Bank, Risk management, Masco

TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2023.

Key Points: 
  • TriMas (NASDAQ: TRS) today announced financial results for the third quarter ended September 30, 2023.
  • The Company reported operating profit of $23.8 million in third quarter 2023, an increase of $2.8 million, or 13.3%, compared to $21.0 million in third quarter 2022.
  • "Our third quarter results were catalyzed by proactive cost savings initiatives within our TriMas Packaging group and intensive operational improvements within our TriMas Aerospace group, which aided our ability to achieve adjusted diluted EPS(2) growth of 42.5% and top-line growth of 7.7%, compared to third quarter 2022," said Thomas Amato, TriMas President and Chief Executive Officer.
  • The Company reported net cash provided by operating activities of $31.4 million for third quarter 2023, compared to $19.0 million in third quarter 2022.

STMicroelectronics Reports 2023 Third Quarter Financial Results

Retrieved on: 
Thursday, October 26, 2023
Euro, Tsunami, Security (finance), Weather, Earthquake, Public expenditure, Legislation, Share repurchase, GAAP, Intellectual property, 2020–2022 Taal Volcano eruptions, Carbon, Nature, Information technology, Epidemic, Central European Time, COVID-19, Appendix, ST, Privacy, CET, Public, Pandemic, Climate change, Annual report, Energy Independence and Security Act of 2007, Video game, Holding company, Cryptocurrency, Fine chemical, Bank, Marketing, Risk management, Tourism, Non-U.S. operators of the M60 Patton

Inventory at the end of the third quarter was $2.87 billion, compared to $2.38 billion in the year-ago quarter.

Key Points: 
  • Inventory at the end of the third quarter was $2.87 billion, compared to $2.38 billion in the year-ago quarter.
  • Days sales of inventory at quarter-end was 114 days compared to 126 days in the previous quarter and 96 days in the year-ago quarter.
  • ST’s net financial position (non-U.S. GAAP) was $2.46 billion as of September 30, 2023, compared to $1.91 billion as of July 1, 2023 and reflected total liquidity of $5.05 billion and total financial debt of $2.59 billion.
  • ST will conduct a conference call with analysts, investors and reporters to discuss its third quarter 2023 financial results and current business outlook today at 9:30 a.m. Central European Time (CET) / 3:30 a.m. U.S. Eastern Time (ET).

Damon Motors, Makers of the Award Winning HyperSport EV Motorcycle, Announces Merger with Inpixon Ltd., and Plans for Nasdaq Listing of Combined Company

Retrieved on: 
Monday, October 23, 2023
Vehicle Technology, Automotive, Other Automotive, General Automotive, EV, Electric Vehicles, Alternative Vehicles, Fuels, Motorcycles, Supreme court, Acceleration, United Kingdom, Spin, Business analyst, Arrangement, United States Aviator Badge, Northwestern University, IPM, Safety, Carbon, WLG, Dorsey, Electric Bond and Share Company v. Securities and Exchange Commission, Law of the United Kingdom, Engine, Multimedia, Death, Hyperdrive, LLP, Torque, Dorsey & Whitney, Hydrocarbon, Accident, Electronics, Plan, M&A, Motorcycle, Motion, Energy Independence and Security Act of 2007, Personal protective equipment, Security (finance), Electric motor, Distrito Grafiti (TransMilenio)

Damon’s HyperSport is expected to be one of the safest, smartest and most powerful motorcycles available in the market.

Key Points: 
  • Damon’s HyperSport is expected to be one of the safest, smartest and most powerful motorcycles available in the market.
  • Upon the completion of the Business Combination, the combined company will be listed on the Nasdaq Capital Market, subject to the approval of an initial listing application.
  • The Business Combination has been approved unanimously by the Board of Directors of both Inpixon and Damon.
  • Gowling WLG (Canada) LLP acted as Canadian counsel to Damon and Dorsey & Whitney LLP acted as U.S. counsel to Damon.

U. S. Steel Celebrates Launch of New Electrical Steel Line with Ribbon Cutting in Osceola, Arkansas

Retrieved on: 
Thursday, October 12, 2023
Environment, Construction & Property, Steel, Packaging, Automotive Manufacturing, Manufacturing, Sustainability, Machine Tools, Metalworking & Metallurgy, Other Construction & Property, Annual report, Security (finance), Multimedia, Certification, Public expenditure, NYSE, Senior, Acquisition, Government, Green Revolution, Safety, Carbon, U.S. Steel, Energy Independence and Security Act of 2007, Form 10-K, Iron, NGO, Nature, Green, Renewable energy, Central Europe

S. Steel”) today hosted a ribbon cutting ceremony for the opening of its new, non-grain oriented (“NGO”) electrical steel line at its Big River Steel facility in Osceola, Arkansas.

Key Points: 
  • S. Steel”) today hosted a ribbon cutting ceremony for the opening of its new, non-grain oriented (“NGO”) electrical steel line at its Big River Steel facility in Osceola, Arkansas.
  • View the full release here: https://www.businesswire.com/news/home/20231012698579/en/
    The ribbon is officially cut at the opening of U. S. Steel’s new non-grain oriented electrical steel line.
  • “Congratulations to U. S. Steel for opening their newest steel line at Osceola’s Big River Steel facility.
  • Following the full acquisition of Big River Steel in 2021, U. S. Steel commenced construction of the NGO line in October 2022.

WiSA Association Continues its Leadership Position Driving Wireless Audio Interoperability between HDTVs, Soundbars and Speakers

Retrieved on: 
Tuesday, October 3, 2023
Audio, Video, Consumer Electronics, Mobile, Wireless, Technology, Software, National Wisa Association, CE, Music, CES, HDTV, Energy Independence and Security Act of 2007, Dolby, Electronics, COVID-19, Charmaine Clamor, Name, Wireless speaker, Sport, Ecosystem, Growth, Security (finance), WiSA, Mobile phone, Video game

WiSA Association , a subsidiary of WiSA Technologies, Inc. (NASDAQ: WISA), continues to lead the wireless multichannel audio industry forward by offering a free license to WiSA E software to all WiSA Association display (HDTV and projector) members as of December 31, 2023.

Key Points: 
  • WiSA Association , a subsidiary of WiSA Technologies, Inc. (NASDAQ: WISA), continues to lead the wireless multichannel audio industry forward by offering a free license to WiSA E software to all WiSA Association display (HDTV and projector) members as of December 31, 2023.
  • “WiSA Association members are clamoring for the next big leap in immersive audio,” said Tony Ostrom, president of the WiSA Association.
  • WiSA, LLC - the Wireless Speaker and Audio Association - is a wholly owned subsidiary of WiSA Technologies, Inc. For more information about WiSA, please visit: www.wisatechnologies.com .
  • The WiSA logo, WiSA®, WiSA Ready™, and WiSA Certified™ are trademarks and certification marks of WiSA, LLC.

Billion Dollar Intelligent Drone Market Is Booming as Adoption Increases for Wide-Range of Industries

Retrieved on: 
Wednesday, September 27, 2023
Intelligence, PALM, Kratos Defense & Security Solutions, GAAP, Temperature, AeroVironment, Acquisition, Air travel, NEWS, R, News, NYSE, Ambarella Inc., Hypersonix Launch Systems, FNM, FSE, Research, USD, Commander, Growth, Security (finance), XL, Loss, NOT, CSE, AE, Energy Independence and Security Act of 2007, CMO, MAX, Government, Heavy lift, Family, BA, Agriculture, Form 10-K, Super heavy-lift launch vehicle, DART, NEVER, Mining, ANY, Radioisotope Production Facility, UAV, AI, Annual report, Cryptocurrency, Airline, Saskatoon, Boeing

PALM BEACH, Fla., Sept. 27, 2023 /PRNewswire/ -- The intelligent drone market is expected to grow rapidly in the coming years, driven by the increasing adoption of drones in a wide range of industries, including commercial, consumer, and government. Intelligence is a key driver of growth in this market, as it enables drones to perform more complex tasks and operate in more challenging environments. A report from PRAGMA Market Research projected that the Intelligent Drone Market which was valued at USD 19.89 billion in 2022 and is expected to reach USD 57.16 billion by 2030, growing at a compound annual growth rate (CAGR) of 13% during the forecast period.  The report said: "The intelligent drone market is being driven by a number of factors, including: Increasing adoption of drones in commercial and government applications: Drones are increasingly being used in a variety of commercial and government applications, such as aerial photography and videography, surveying and mapping, inspection, and delivery. Intelligent drones are particularly well-suited for these applications, as they can perform tasks more efficiently and accurately than traditional methods.  Development of new and innovative drone technologies: Drone manufacturers are constantly developing new and innovative technologies, such as improved autopilot systems, obstacle avoidance systems, and sensors. These technological advancements are making drones more capable and easier to use, which is driving demand for intelligent drones.  Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS), AeroVironment (NASDAQ: AVAV), Boeing (NYSE: BA), Ambarella, Inc. (NASDAQ: AMBA).

Key Points: 
  • Intelligent drones are particularly well-suited for these applications, as they can perform tasks more efficiently and accurately than traditional methods.
  • Development of new and innovative drone technologies: Drone manufacturers are constantly developing new and innovative technologies, such as improved autopilot systems, obstacle avoidance systems, and sensors.
  • These technological advancements are making drones more capable and easier to use, which is driving demand for intelligent drones.
  • Growing demand for consumer drones: Consumer drones are becoming increasingly popular, and there is significant potential for growth in this market.