Day: April 16, 2024

CALGARY, Alberta, April 16, 2024 (GLOBE NEWSWIRE) — Pulse Oil Corp. (the “Company” or “Pulse”) (TSXV: PUL) reports the completion of Pulse’s first new drilling operation since 2019. Pulse is pleased to announce that the drilling, and subsequent completion of Pulse’s 100% owned 103/15-04 well, located in Pulse’s Bigoray Nisku D pool has resulted in production rates over the last seven days averaging 162 boe/d, consisting of 151 barrels of oil per day and 63 mcf/d of gas. The well was drilled over 11 days to a depth of 2,639 meters and was done so on budget. The completion targeted the upper portion of the Nisku D reef to take advantage of the progress achieved through the Enhanced Oil Recovery (EOR) program that Pulse initiated in December 2022. In the EOR process, Pulse is injecting solvent into the upper portion of the D pool,...

GAAP net loss of $6.8 million for the quarter, compared with GAAP net loss of $6.0 million in the prior year quarter. Adjusted EBITDA of ($1.2) million for the quarter, compared with Adjusted EBITDA of ($5.9) million for the prior year quarter, an improvement of $4.7 million. GAAP net loss of $21.1 million for the current year, compared with GAAP net loss of $4.0 million in the prior year, which included a $20.6 million gain on the sale of a majority interest in the Isaac Mizrahi brand. Adjusted EBITDA of ($5.7) million for the year, compared with Adjusted EBITDA of ($12.5) million for the prior year, an improvement of $6.8 million.NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) — Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with significant expertise in livestream shopping and...

WHITEHALL, Ohio, April 16, 2024 (GLOBE NEWSWIRE) — Heartland BancCorp (“Heartland” and “the Company”) (OTCQX: HLAN), parent company of Heartland Bank (“Bank”), today reported net income increased 14.2% to $5.1 million, or $2.51 per diluted share, in the first quarter of 2024, compared to $4.5 million, or $2.19 per diluted share, in the first quarter of 2023, and decreased 3.9% compared to $5.3 million, or $2.61 per diluted share, in the preceding quarter. The company also announced that its board of directors declared a quarterly cash dividend of $0.759 per share. The dividend will be payable July 10, 2024, to shareholders of record as of June 25, 2024. Heartland has paid regular quarterly cash dividends since 1993. “Our first quarter operating performance continued to reflect the success of our community banking strategy, which...