Month: August 2025

Company Raises 2025E Production and Adjusted EBITDAX Guidance, Reduces Drilling, Completions and Workover Capital Program Returned Quarterly Record of $287 Million to Shareholders LONG BEACH, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) — California Resources Corporation (NYSE: CRC) reported financial and operating results for the second quarter of 2025. The Company is hosting a conference call and webcast at 1 p.m. ET (10 a.m. PT) on Wednesday, August 6, 2025. Conference call details can be found within this release. Second Quarter HighlightsDelivered average net production of 137 thousand barrels of oil equivalent per day (MBoe/d) (80% oil), at the high end of guidance, with drilling, completions and workover capital of $34 million, and added a second rig in Kern County Reported net income of $172 million and net income per diluted...

WARRENVILLE, Ill., Aug. 05, 2025 (GLOBE NEWSWIRE) — Fuel Tech, Inc. (NASDAQ: FTEK), a technology company using advanced engineering processes to provide emissions control systems and water treatment technologies in utility and industrial applications, today reported financial results for the second quarter ended June 30, 2025. “Our second quarter results, along with ongoing developments across our two business segments and our Dissolved Gas Infusion business, strengthen our confidence in delivering improved overall performance in the second half of the year,” said Vincent J. Arnone, President and CEO. “We are actively pursuing new contract opportunities across our APC and FUEL CHEM® business segments. For the APC segment, in particular, we are addressing both traditional end markets and the significant prospects offered by the...

Strong growth in Fuel Specialties operating income offsetting lower results in our other businesses Focus on sequential gross margin and operating income improvement in the second half of the year Debt-free balance sheet with over $266 million in net cash; $8.2 million in share repurchases GAAP EPS 94 cents and adjusted non-GAAP EPS $1.26 ENGLEWOOD, Colo., Aug. 05, 2025 (GLOBE NEWSWIRE) — Innospec Inc. (NASDAQ: IOSP) today announced its financial results for the second quarter ended June 30, 2025. Total revenues for the second quarter were $439.7 million, an increase of 1 percent from $435.0 million in the corresponding period last year. Net income for the quarter was $23.5 million or 94 cents per diluted share compared to $31.2 million or $1.24 per diluted share recorded last year. Adjusted EBITDA for the quarter was $49.1 million...

Quarterly Net Operating Revenues of $488.3 million, up 4%   Quarterly Net Income of $63.4 million, Quarterly ROE of 13.1%, YTD ROE of 15.9% Quarterly Diluted EPS of $1.22 per share NEW YORK, Aug. 05, 2025 (GLOBE NEWSWIRE) — StoneX Group Inc. (the “Company”; NASDAQ: SNEX), a global financial services network that connects companies, organizations, traders and investors to the global market ecosystem through a unique blend of digital platforms, end-to-end clearing and execution services, high touch service and deep expertise, today announced its financial results for the fiscal year 2025 third quarter ended June 30, 2025. Sean O’Connor, the Company’s Executive Vice-Chairman of the Board, stated, “The diversity of our business model was on display in our third quarter results, as significant growth in our Institutional segment net...

Carbon TerraVault JV Received Authorization to Construct CO2 Injection Wells From the U.S. EPA LONG BEACH, Calif., Aug. 05, 2025 (GLOBE NEWSWIRE) — Carbon TerraVault Holdings, LLC (CTV), a carbon management subsidiary of California Resources Corporation (NYSE: CRC), today provided an update on second quarter 2025 operating and financial results. “We remain intensely focused on executing CRC’s first CCS project at Elk Hills — a foundational step in enabling real decarbonization for California, capturing cross-functional value, and delivering returns,” said Francisco Leon, President and CEO of CRC. “With construction targeted for completion by year-end 2025 and EPA permitting milestones achieved, this project cements our leadership in California’s energy transition. As the state’s first carbon capture and storage initiative, it demonstrates...