Day: November 8, 2021
GRIMES, Iowa, Nov. 08, 2021 (GLOBE NEWSWIRE) — Black Hills Corp. (NYSE: BKH) today announced that its Iowa natural gas utility, Black Hills / Iowa Gas Utility Company, LLC, doing business as Black Hills Energy, reached an agreement with all intervening parties to its rate review for a general rate increase to support the company’s efforts to continue delivering safe and reliable natural gas service to its 161,000 customers in 133 communities throughout the state.
“We are pleased to reach a constructive agreement with the Iowa Office of Consumer Advocate and other key stakeholders in Iowa,” said Linn Evans, president and CEO of Black Hills Corp. “The ongoing investments reflect our commitment to our Iowa customers for safe and reliable service, support economic growth in the communities we serve, and meet our clean energy goals.”
Black...
Hallador Energy Company Reports Third Quarter 2021 Financial and Operating Results
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TERRE HAUTE, Ind., Nov. 08, 2021 (GLOBE NEWSWIRE) — Hallador Energy Company (NASDAQ – HNRG) today reported net income of $8.0 million, $.26 per share, adjusted EBITDA of $20.5 million.
Brent Bilsland, President and Chief Executive Officer, stated, “An extremely strong coal market is creating opportunities for Hallador to ramp up to full production and increase our average selling price for the next few years. We will experience approximately $3 per ton price increase next quarter alone. Additionally, record shipments during the quarter led us to pay down a healthy $15.2 million of bank debt.”
Below are highlights for the quarter and first nine months of 2021:On shipments of 2.04 million tons, Hallador generated $14.6 million in Adjusted Free Cash Flow and paid down $15.2 million of bank debt during Q3.As of September...
Diversey Announces Proposed Public Offering of Ordinary Shares
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FORT MILL, S.C., Nov. 08, 2021 (GLOBE NEWSWIRE) — Diversey Holdings, Ltd. (NASDAQ: DSEY), a leading provider of hygiene, infection prevention and cleaning solutions, today announced it intends to offer and sell 15,000,000 ordinary shares. Diversey is offering these shares pursuant to a registration statement on Form S-1 filed with the Securities and Exchange Commission (“SEC”). Diversey also intends to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 shares on the same terms and conditions. Diversey currently intends to use the net proceeds from the proposed offering for general corporate purposes, which may include capital expenditures, potential acquisitions, growth opportunities and strategic transactions.
Citigroup and Morgan Stanley are acting as book-running managers for the proposed offering.
The...
Mueller Water Products Reports 2021 Fourth Quarter and Fiscal Year Results
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Achieved Net Sales of $295.6 million in Quarter, $1.1 billion in Fiscal Year Earned Net Income per Diluted Share of $0.12 in Quarter, $0.44 in Fiscal Year Reported Adjusted Net Income per Diluted Share of $0.12 in Quarter, $0.56 in Fiscal Year
ATLANTA, Nov. 08, 2021 (GLOBE NEWSWIRE) — Mueller Water Products, Inc. (NYSE: MWA) announced today that its fiscal 2021 fourth quarter ended September 30, 2021 net sales were $295.6 million and net income was $18.4 million.
In the fourth quarter of 2021, the Company:Achieved net sales of $295.6 million, an increase of 11.4 percent as compared with $265.3 million in the prior year quarter.
Generated operating income of $27.8 million as compared with $40.7 million in the prior year quarter and adjusted operating income of $29.7 million as compared with $41.8 million in the prior year quarter.
Reported...
PhenixFIN Corporation Announces Notes Offering
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NEW YORK, Nov. 08, 2021 (GLOBE NEWSWIRE) — PhenixFIN Corporation (NASDAQ: PFX) (the “Company” or “PhenixFIN”) today announced that it plans to make a public offering of Notes due 2028 (the “Notes”). The Company expects to list the Notes on the Nasdaq Global Market under the trading symbol “PFXNZ” within 30 days of issuance.
Oppenheimer & Co. Inc., B. Riley Securities, Inc., BTIG, LLC, Janney Montgomery Scott LLC and Ladenburg Thalmann & Co. Inc. are acting as joint book-running managers for this offering.
The Company intends to use the net proceeds from this offering to redeem a portion of the outstanding principal amount of its 6.125% Notes due 2023.
Investors are advised to carefully consider the investment objectives, risks and charges and expenses of the Company before investing. The preliminary prospectus supplement,...
Ascot Reports Third Quarter 2021 Financial Results and Provides Update on Permitting and Pre-Development at Premier
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Figure 1Mill building area gradedFigure 2Bull gears installed on SAG and Ball millsFigure 3Temporary construction camp completeFigure 4Clarifier foundation preparationFigure 5Big Missouri area looking southVANCOUVER, British Columbia, Nov. 08, 2021 (GLOBE NEWSWIRE) — Ascot Resources Ltd (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) announces the Company’s unaudited financial results for the three and nine months ended September 30, 2021 (“Q3 2021”). For details of the unaudited condensed interim consolidated financial statements and Management’s Discussion and Analysis for the three and nine months ended September 30, 2021, please see the Company’s filings on SEDAR (www.sedar.com).
The Company is also pleased to provide an update...
Finning reports Q3 2021 results
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VANCOUVER, British Columbia, Nov. 08, 2021 (GLOBE NEWSWIRE) — Finning International Inc. (TSX: FTT) (“Finning”, “the Company”, “we”, “our” or “us”) reported third quarter 2021 results today. All monetary amounts are in Canadian dollars unless otherwise stated.
HIGHLIGHTSAll comparisons are to Q3 2020 results unless indicated otherwise.Q3 2021 EPS(1) of $0.61 per share was a record third quarter EPS performance.
Q3 2021 revenue of $1.9 billion and net revenue(2) of $1.7 billion were up 23% and 21%, respectively, from Q3 2020, driven by stronger new equipment sales in South America and the UK & Ireland and product support revenue growth in all regions.
Q3 2021 SG&A(1) as a percentage of net revenue(2) was 17.8%, down 230 basis points from Q3 2020, and down 50 basis points from Q2 2021, reflecting savings from our 2020...
Basketball Australia Partners With Sportradar Integrity Services
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MELBOURNE, Australia, Nov. 08, 2021 (GLOBE NEWSWIRE) — Basketball Australia and Sportradar Integrity Services – a global supplier of sports integrity solutions – have entered into an agreement for the integrity monitoring of domestic basketball competitions over the next two years.
The partnership will see Sportradar Integrity Services draw upon their considerable 16-year experience and expertise to provide bet monitoring and reporting via its Universal Fraud Detection System (UFDS) for over 150 fixtures including the Women’s National Basketball League (WNBL) and the U20 Australian Championships.
The UFDS is an advanced and proven bet monitoring system that has been independently assessed and verified by recognized experts in the field of sports betting and integrity. A global team of qualified integrity experts provide analysis...
AYRO to Report Third Quarter 2021 Financial Results on Monday, November 15, 2021 and Provide Corporate Update
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Conference Call Originally Scheduled for November 11, 2021 at 8:30 AM Has Been Postponed to a Later Date to Be Announced
AUSTIN, Nov. 08, 2021 (GLOBE NEWSWIRE) — AYRO, Inc. (Nasdaq: AYRO) (“AYRO” or the “Company”), a designer and manufacturer of electric, purpose-built delivery vehicles and solutions for micro distribution, micro mobility, and last-mile delivery, announces that it will now report third quarter 2021 financial results on Monday, November 15, 2021, instead of the originally announced earnings release date of Thursday, November 11, 2021.
Also, the previously announced earnings conference call originally scheduled for Thursday, November 11, 2021 at 8:30 a.m. ET will be replaced by a business update call to be held by the end of 2021.
“I look forward to updating investors on our business and strategic vision. AYRO’s...
Battalion Oil Corporation Announces Third Quarter 2021 Results and Updates to 2021 Capital Expenditures Guidance
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HOUSTON, Nov. 08, 2021 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced results of operations for the third quarter 2021 and provided an update on 2021 guidance for capital expenditures.
HighlightsReported average daily production of 17,728 Boepd during third quarter 2021, a 14% increase over second quarter 2021, due largely to facility upgrades at Monument Draw and reduced well downtime
Adjusted EBITDA of $23.0 million, a 63% increase over second quarter 2021
Strong organic deleveraging, reducing net debt by >$10 million during the quarter
Increasing 2021 guidance for total capital expenditures; anticipate spudding first well of 2022 capital program in December 2021Management Comments
Richard Little, the Company’s CEO, commented, “The third quarter of 2021 was...