CFPS

Letter to Stockholders Issued by Diamondback Energy, Inc.

Retrieved on: 
Tuesday, February 20, 2024
Permian, Acquisition, Free cash flow, OPEC, Growth, CFPS, NGL, Sale, West Texas Intermediate, Viperidae, Letter, FCF, IPO, Firebird, Deep Blue, DD, WTI, LOE, Security (finance), EPS, Endeavour, G&A, MBO, GRP, Oil

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.
  • The fourth quarter of 2023 rounded out a great year for Diamondback Energy and our stockholders.
  • Diamondback is focused on per share growth, and we have now grown oil production per share 14x since our 2012 IPO.
  • Therefore, Diamondback is positioned to maintain our production, grow Free Cash Flow and return that Free Cash Flow to our stockholders.

PACIFIC NORTHWEST EXPANSION: Citadel EHS establishes a Seattle, WA office location offering industrial hygiene and safety consulting services

Retrieved on: 
Monday, February 12, 2024
Citadel, Violence, CIH, Total Worker Health, Doctor of Philosophy, Pacific Northwest, Middle Tennessee State University, Health, Occupational hygiene, CFPS, Government, Consultant, Safety, Industrial engineering, National university, CSP, MPH, Research, Nursing

SEATTLE, Feb. 12, 2024 /PRNewswire/ -- Citadel EHS (Citadel) is excited to announce the opening of a new office in Seattle, Washington.

Key Points: 
  • SEATTLE, Feb. 12, 2024 /PRNewswire/ -- Citadel EHS (Citadel) is excited to announce the opening of a new office in Seattle, Washington.
  • Citadel Senior Consultant Scott Myers, CIH, CSP relocated from Southern California to support the expansion.
  • In addition, Pacific Northwest local Eva M. Glosson has joined Citadel EHS and will lead our Total Worker Health and Workplace Violence Prevention service lines from the Seattle office.
  • "We made the decision to enter the Pacific Northwest market because it was the right timing and opportunity for us.

Evolution Petroleum Announces Acquisition of Non-operated Oil and Gas Assets

Retrieved on: 
Tuesday, January 9, 2024
Permian, SCOOP, Classification, Hand, Natural gas, CFPS, Transaction, STACK, Partnership, Red Sky, TEV, Mergers and acquisitions, EPM, Acquisition, EPS, MidFirst Bank, EOG, Anadarko Basin, PDP, Growth

Evolution expects to fund the acquisition with cash on hand and borrowings from EPM’s revolving credit facility.

Key Points: 
  • Evolution expects to fund the acquisition with cash on hand and borrowings from EPM’s revolving credit facility.
  • Production of approximately 1,550 barrels of oil equivalent per day (“BOEPD”) and commodity mix of 42% oil, 15% natural gas liquids, and 43% natural gas as of the effective date.
  • This is a significant achievement for our Company and demonstrates our ability to successfully procure high-quality assets in a core basin with best-in-class operating parties.
  • Evolution plans to post a presentation highlighting additional details of the Acquisitions on the Company's website this evening: www.evolutionpetroleum.com .

SoFi Accelerates Retirements With 2% Match On IRA Contributions

Retrieved on: 
Thursday, January 4, 2024
Software, Personal Finance, Finance, Accounting, Professional Services, Technology, Apps, Applications, Fintech, Anxiety, Generation Z, Millennials, Gen, CFPS, Retirement, Automation, IRA, Financial adviser

SoFi, the all-in-one digital personal finance company, today announced SoFi Invest will offer a 2% match on all eligible IRA (individual retirement account) contributions through Tax Day (April 15, 2024)¹.

Key Points: 
  • SoFi, the all-in-one digital personal finance company, today announced SoFi Invest will offer a 2% match on all eligible IRA (individual retirement account) contributions through Tax Day (April 15, 2024)¹.
  • This new offer doubles the previously announced 1% IRA match offered in late 2023, and empowers SoFi Invest members to make the most of their IRA contributions and accelerate their retirement savings during tax season.
  • With the newly increased match available throughout tax season, SoFi is helping turn tax day anxiety and tax day excitement.
  • SoFi members can earn the IRA match on all new ACH transfers into IRA accounts.

Hightower Announces Strategic Investment in Orlando-based Resource Consulting Group

Retrieved on: 
Tuesday, November 7, 2023
AUM, CFPS, CFA, Partner, CPA, Partnership, RIA, Hightower, Financial adviser, Financial services, Management

CHICAGO, Nov. 7, 2023 /PRNewswire/ -- Hightower today announced it has made a strategic investment in Resource Consulting Group, a fee-only registered investment advisor ("RIA") based in Orlando, FL with approximately $2.5 billion in assets under management (as of June 2023).

Key Points: 
  • Hightower strengthens its presence in the Southeast region by adding $2.5 billion registered investment advisor in Orlando, FL
    CHICAGO, Nov. 7, 2023 /PRNewswire/ -- Hightower today announced it has made a strategic investment in Resource Consulting Group, a fee-only registered investment advisor ("RIA") based in Orlando, FL with approximately $2.5 billion in assets under management (as of June 2023).
  • Founded in 1988, Resource Consulting Group offers academic-based investment management, financial planning and retirement planning services to a nationwide client base of high-net-worth and ultra-high-net worth households, as well as select institutional clients.
  • "The Hightower partnership allows Resource Consulting Group to maintain autonomy and the firm's distinct identity while gaining the necessary resources to elevate our client service offering to new heights," said Resource Consulting Group Founder Mike Davis.
  • In the transaction, Resource Consulting Group was advised by Cambridge International Partners.

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.

Modern Wealth Management Acquires Martin James Investment & Tax Management

Retrieved on: 
Thursday, October 19, 2023
Personal Finance, Finance, Accounting, Professional Services, Asset Management, RIA, CPA, PFS, Acquisition, CFPS, Financial security, Financial adviser, Management, Interior design

Modern Wealth Management (“Modern Wealth”), a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced the strategic acquisition of Indianapolis, IN-based Martin James Investment & Tax Management (“Martin James”), an integrated tax, wealth management and planning firm serving over 400 families, individuals and business owners.

Key Points: 
  • Modern Wealth Management (“Modern Wealth”), a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced the strategic acquisition of Indianapolis, IN-based Martin James Investment & Tax Management (“Martin James”), an integrated tax, wealth management and planning firm serving over 400 families, individuals and business owners.
  • The addition of Martin James demonstrates Modern Wealth’s commitment to delivering a full suite of wealth management and tax services to its clients.
  • “Martin James prides itself in offering a service that evaluates our clients’ full financial pictures, taking both their tax and wealth management needs into consideration,” said Martin James, who joins Modern Wealth as a managing director.
  • Originally focused on tax planning, the firm quickly grew into a hybrid tax, accounting and wealth management practice to provide its clients with integrated wealth management services.

Introducing ICLFE's Interbank Liquidity Exchange™ - Risk Management Safety Net for Banks and Credit Unions

Retrieved on: 
Wednesday, September 27, 2023
OCC, FDIC, Federal, Federal Reserve, LCR, CFPS, ILE, Bank, Security (finance)

Amidst rising concerns over liquidity risk management1, the Interbank Contingent Liquidity Funding Exchange (ICLFE) recently introduced a unique market-based cooperative platform, the Interbank Liquidity Exchange (ILE).

Key Points: 
  • Amidst rising concerns over liquidity risk management1, the Interbank Contingent Liquidity Funding Exchange (ICLFE) recently introduced a unique market-based cooperative platform, the Interbank Liquidity Exchange (ILE).
  • "In an unpredictable economic landscape, financial institutions need more than just traditional tools for liquidity management," said Coloma.
  • During a time marked by economic uncertainty and increased scrutiny from regulators, liquidity management has emerged as a top priority for banks.
  • Recent years have seen financial regulators like the FDIC, OCC, and Federal Reserve tightening their scrutiny on liquidity risk management.

Alliance of Comprehensive Planners (ACP) Announces Details of 2023 Annual Conference

Retrieved on: 
Tuesday, September 19, 2023
Linda, Federal Reserve Bank, CE, Federal Reserve Bank of St. Louis, Wu (surname), College, Doctor of Philosophy, Monetary policy, Driving, Economy, EA, Consultant, Master of Education, Law, Mind, MBA, PCC, RLP, SEO, Running, CFPS, Economic Outlook, CPA, Ethics, Growth, Han Kun Law Offices, Phronesis, Conference, ACP, Edgartown Harbor Light, Financial adviser, Tax advisor, Nursing, Mentorship

WILMINGTON, N.C., Sept. 19, 2023 /PRNewswire/ -- The Alliance of Comprehensive Planners (ACP), a community of tax-focused, fiduciary financial advisors who provide comprehensive wealth building strategies for their clients on a commission-free retainer basis, recently announced the details of their upcoming 2023 ACP Annual Conference, which will take place November 7-10, 2023 at The Davenport Grand in Spokane, Washington.

Key Points: 
  • WILMINGTON, N.C., Sept. 19, 2023 /PRNewswire/ -- The Alliance of Comprehensive Planners (ACP) , a community of tax-focused, fiduciary financial advisors who provide comprehensive wealth building strategies for their clients on a commission-free retainer basis, recently announced the details of their upcoming 2023 ACP Annual Conference , which will take place November 7-10, 2023 at The Davenport Grand in Spokane, Washington.
  • Early bird pricing is available through October 8th, 2023: $875 for ACP members and $1000 for non-members.
  • Companies that are interested in sponsoring this year's conference can click here for more information on sponsorship opportunities .
  • The 2022 ACP Annual Conference took place in Minneapolis, Minnesota in late September 2022 and featured over 100 ACP members and other attendees.

Open Mainframe Summit Call for Papers Now Open

Retrieved on: 
Wednesday, June 7, 2023
Mainframe, Call, Open Mainframe Project, Learning, SUSE, IBM, COBOL, Broadcom Inc., Open, Java, Mainframe Studios, Program management, Linux Foundation, Practice, Student, Community, Linux, Machine learning, SAN, CFPS, Inclusion, Conference, Video game, Online shopping

SAN FRANCISCO, June 7, 2023 /PRNewswire/ -- The Open Mainframe Project, an open source initiative that enables collaboration across the mainframe community to develop shared tool sets and resources, today announced the launch of the Call for Proposals (CFPs) for the 4th annual Open Mainframe Summit. This year, the premier mainframe event will be co-located with two industry conferences - IBM TechXchange Conference 2023, hosted in Las Vegas on September 11-14; and Open Source in Finance Forum, hosted in New York City on November 1.

Key Points: 
  • SAN FRANCISCO, June 7, 2023 /PRNewswire/ -- The Open Mainframe Project , an open source initiative that enables collaboration across the mainframe community to develop shared tool sets and resources, today announced the launch of the Call for Proposals (CFPs) for the 4th annual Open Mainframe Summit.
  • "As mainframe technology and events evolve and mature, it becomes a more natural evolution to align Open Mainframe Projects and activities with other industry events," said John Mertic, Director of Program Management at the Linux Foundation and Executive Director of the Open Mainframe Project.
  • "The Open Mainframe Project has established itself as the go-to community for mainframe developers, enterprises and vendors alike.
  • Open Mainframe Summit aims to connect and inform all those interested in growing the use of mainframes and related technology in dynamic technical and educational sessions.