HOUSTON & LONDON--(BUSINESS WIRE)--Baker Hughes (NASDAQ: BKR) announced today that the Baker Hughes Board of Directors declared a cash dividend of $.18 per share of Class A common stock payable on February 18, 2022 to holders of record on February 7, 2022.

About Baker Hughes:

Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and with operations in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

Investor Relations
Jud Bailey
+1 281-809-9088
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Media Relations
Thomas Millas
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AUSTIN, Texas--(BUSINESS WIRE)--Whistler Pipeline LLC (“Whistler”) today announced the expansion of the Whistler pipeline’s Midland basin footprint with a new 36-inch lateral extending northwest into Martin County. The Martin County lateral will lengthen the existing 36-inch Midland lateral approximately 35 miles and connect to multiple processing sites in the county. The lateral is scheduled to be in service in the fourth quarter of 2022.

Whistler is owned by a consortium including MPLX LP (NYSE: MPLX), WhiteWater, and a joint venture between Stonepeak and West Texas Gas, Inc. (WTG).

About the Whistler Pipeline

The Whistler pipeline is an approximately 450-mile, 42-inch intrastate pipeline that transports natural gas from the Waha Header in the Permian Basin to Agua Dulce, Texas, providing direct access to South Texas and export markets. An approximately 85-mile 36-inch lateral provides connectivity to the Midland Basin.

About MPLX LP

MPLX is a diversified, large-cap master limited partnership that owns and operates midstream energy infrastructure and logistics assets and provides fuels distribution services. MPLX's assets include a network of crude oil and refined product pipelines; an inland marine business; light-product terminals; storage caverns; refinery tanks, docks, loading racks, and associated piping; and crude and light-product marine terminals. MPLX also owns crude oil and natural gas gathering systems and pipelines as well as natural gas and NGL processing and fractionation facilities in key U.S. supply basins. More information is available at www.MPLX.com

About WhiteWater

WhiteWater is a management owned, Austin based midstream company. WhiteWater is partnered with multiple private equity funds including but not limited to Ridgemont Equity Partners and First Infrastructure Capital. Since inception, WhiteWater has reached final investment decision on ~$3 billion in greenfield development projects. For more information about WhiteWater, visit www.whitewatermidstream.com.

About Ridgemont Equity Partners

Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested over $5.5 billion. The firm focuses on equity investments up to $250 million and utilizes a proven, industry-focused investment approach and repeatable value creation strategies. For more information about Ridgemont, visit www.ridgemontep.com.

About First Infrastructure Capital

First Infrastructure Capital Advisors, LLC is a Houston-based investment firm specializing in greenfield projects and companies operating in the midstream, downstream, electric power, telecommunications, and renewable energy industries. First Infrastructure Capital Advisors, LLC is an SEC-registered investment adviser, which manages funds affiliated with First Infrastructure Capital, L.P. For more information about First Infrastructure Capital, visit www.firstinfracap.com.

About Stonepeak

Stonepeak is a leading alternative investment firm specializing in infrastructure and real assets with approximately $43.5 billion of assets under management. Through its investment in defensive, hard-asset businesses globally, Stonepeak aims to create value for its investors and portfolio companies, and to have a positive impact on the communities in which it operates. Stonepeak sponsors investment vehicles focused on private equity and credit. The firm provides capital, operational support, and committed partnerships to sustainably grow investments in its target sectors, which include transport and logistics, communications, water, energy transition, and power and renewable energy. Stonepeak is headquartered in New York with offices in Austin, Hong Kong, Houston, and Sydney. For more information, please visit https://stonepeakpartners.com/.

About WTG

WTG (together with its affiliates) comprises a family of related natural gas midstream and downstream entities headquartered in Midland, Texas since 1976 with operations in more than 90 Texas and Oklahoma counties. These WTG entities operate more than 900 MMcfd of gas processing capacity with more than 9,000 miles of gathering systems, 1,800 miles of transmission pipelines and distribution systems serving approximately 25,000 LDC customers.

Some of the above statements constitute forward-looking statements. Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond the control of the companies named herein and are difficult to predict. Factors that could impact the opportunities described above include but are not limited to general domestic and international economic and political conditions and the factors described in MPLX’s filings with the Securities and Exchange Commission (SEC). Any forward-looking statement speaks only as of the date of the applicable communication and the companies named herein undertake no obligation to update any forward-looking statement except to the extent required by applicable law. Copies of MPLX's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other SEC filings are available on the SEC's website, MPLX's website at http://ir.mplx.com or by contacting MPLX's Investor Relations office.

MPLX LP Investor Relations: Kristina Kazarian (419) 421-2071
WhiteWater Investor Relations: www.whitewatermidstream.com
Stonepeak: Kate Beers (646) 540-5225
WTG Investor Relations: www.westtexasgas.com

HOUSTON--(BUSINESS WIRE)--Sunnova Energy International Inc. (“Sunnova”) (NYSE: NOVA), a leading U.S. residential solar and energy storage service provider, announced today it will release its fourth quarter and full year 2021 results after the markets close on February 23, 2022, to be followed by a conference call to discuss the results at 8:30 a.m. Eastern Time on February 24, 2022.

The conference call can be accessed live over the phone by dialing 844-200-6205, or for international callers, 929-526-1599. The access code for the live call is 415855.

Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investor Relations section of Sunnova’s website at https://investors.sunnova.com.

About Sunnova
Sunnova Energy International Inc. (NYSE: NOVA) is a leading residential solar and energy storage service provider with customers across the U.S. and its territories. Sunnova’s goal is to be the source of clean, affordable and reliable energy with a simple mission: to power energy independence so that homeowners have the freedom to live life uninterrupted^®.

For more information, visit www.sunnova.com, follow us on Twitter @Sunnova_Solar and connect with us on Facebook.

Investor & Analyst Contact
Rodney McMahan
Vice President, Investor Relations
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(281) 971-3323

Press & Media Contact
Alina Eprimian
Media Relations Manager
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TOKYO--(BUSINESS WIRE)--#IA2IA--Yokogawa Electric Corporation (TOKYO: 6841) reveals today the results of its latest survey* to gain further insights into the current and future state of industrial autonomy in process manufacturing. The survey highlights that the number of manufacturers moving forward with industrial autonomy is clearly increasing, and that there is a high awareness of the expected benefits on environmental sustainability.

The global survey was conducted in seven markets (China, Germany, India, Japan, Saudi Arabia, SE Asia and the US) amongst 534 respondents from 390 companies in the chemical & petrochemical, life sciences, oil & gas, power generation, and renewable energy industry sectors.

Key insights
Regarding environmental sustainability, 45% of the respondents anticipate that industrial autonomy will have a significant impact and another 36% expect a moderate impact in the areas of dynamic energy optimization, water management, and emissions reduction. In contrast, only 6% expect industrial autonomy to have no impact at all on environmental sustainability.

The implementation of industrial autonomy projects is starting to gather pace, with 51% of the respondents surveyed now scaling deployment across multiple facilities and business functions and another 19% reporting they have deployed in at least one facility or business function.

While productivity improvements in production and manufacturing processes are expected to deliver the highest return on investment (ROI) in digital transformation over the next three years – with 31% ranking this area first and a further 20% ranking it second – health, safety and environment is emerging as a key area of ROI, with 26% ranking it first (13%) or second (13%).

With the ongoing COVID-19 pandemic, increasing remote operations capabilities represents a key factor in industrial autonomy. The survey reveals that one-third (33%) of manufacturers have deployed remote operations in single sites and 31% have implemented across multi-sites in connection to industrial autonomy.

C-level executives play a key role in plant-level autonomous planning, with the survey respondents saying that the Chief Executive Officer (38%), Chief Technical Officer (34%), and Chief Information Officer (31%) are the primary final decision-makers. These decision-makers are supported by senior level technical professionals, with 43% saying the Chief Digital Officer has significant influence on plant level autonomy decisions.

“It is gratifying to see from our latest survey that environmental sustainability is emerging as an area in which the shift from industrial automation to industrial autonomy, which we call IA2IA, is expected to make a significant positive impact,” explained Tsuyoshi Abe, senior vice president and head of the Marketing Headquarters at Yokogawa Electric. “Overall, however, our survey also indicates that one of the biggest challenges in implementing industrial autonomy is the lack of a clear roadmap, with almost half seeing it as their most significant challenge. This underlines the importance of a defined roadmap to industrial autonomy and finding the right partner to develop it.”

The survey report can be downloaded from the following website:
https://www.yokogawa.com/ia2ia/

* The "Global End-user Survey on the Implementation of Industrial Autonomy" was conducted on behalf of Yokogawa by research company Omdia in September 2021 among 534 respondents from 390 companies across seven global markets: China, Germany, India, Japan, Saudi Arabia, SE Asia, and the US. Respondents comprised manufacturers/end-users, OEMs, and systems integrators in the chemical & petrochemical, life sciences, upstream and mid-stream oil & gas, refining, power generation, and renewable energy power generation industry sectors. The survey respondents were in IT management, operations/project/plant management, and corporate management.

About Yokogawa
Yokogawa provides advanced solutions in the areas of measurement, control, and information to customers across a broad range of industries, including energy, chemicals, materials, pharmaceuticals, and food. Yokogawa addresses customer issues regarding the optimization of production, assets, and the supply chain with the effective application of digital technologies, enabling the transition to autonomous operations.
Founded in Tokyo in 1915, Yokogawa continues to work toward a sustainable society through its 17,500 employees in a global network of 119 companies spanning 61 countries.
For more information, visit www.yokogawa.com
The names of corporations, organizations, products, services and logos herein are either registered trademarks or trademarks of Yokogawa Electric Corporation or their respective holders.

Media inquiries:
PR Section,
Integrated Communications Center
Yokogawa Electric Corporation
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HOUSTON--(BUSINESS WIRE)--Consolidated Asset Management Services (CAMS), a fully-integrated service provider for owners of energy infrastructure assets, is proud to announce that Brian Ivany was recognized by Hart Energy as one of its “Impactful Veterans in Energy.” The program highlights leadership and contributions made in the energy industry by military veterans.

Determined to make a difference for his country, Ivany decided to join the army in the aftermath of the 9/11 attacks.

“In the wake of the terrorist attacks of Sept. 11, 2001, I felt compelled to serve our nation,” he said. “At the time, I was a junior in high school. I decided to attend the United States Military Academy at West Point. It enabled me to serve my country upon graduation and provided me the opportunity to learn from many of our nation’s most talented soldiers.”

Ivany graduated from the United States Military Academy at West Point with a degree in systems engineering. He served five years in the Army, deployed twice to Iraq in support of Operation Iraqi Freedom and Operation New Dawn, and earned a Bronze Star, Ranger and Airborne Tabs. Upon returning to the U.S., Ivany earned his MBA from Georgetown University.

In 2014, Ivany began his career at CAMS as a financial associate. He was also manager of the CAMS business development team and served a short stint as vice president of CAMS Exploration & Production (E&P) before being promoted to president.

Ivany currently leads CAMS’ Renewable Services. He spearheaded the company’s expansion into the battery energy storage systems sector, securing operations and maintenance agreements for 300 MW of storage capacity in ERCOT. He has supported the acquisitions and divestitures of numerous energy assets and service companies on behalf of several private-equity-backed portfolio companies and their capital sponsors.

Outside of CAMS, Ivany served on the board of directors for several local non-profits including Combined Arms, Young Catholic Professionals and the West Point Alumni Association. According to Ivany, Combined Arms is a veteran-focused non-profit organization headquartered in Houston that works to accelerate the transition from military to civilian life for members of all branches of the military.

Ivany was nominated by CAMS as distinguishing himself through leadership, exceptional passion for problem-solving, and as a trailblazer for his potential impact on the future of the industry.

In lieu of an in-person event, Hart Energy celebrates the selected veterans with an “Impactful Veterans in Energy” microsite, which can be viewed here. Additionally, all honorees are recognized online and in the January 2022 issue of Oil and Gas Investor.

A veteran-led company, CAMS is committed to supporting and providing opportunities for former members of the armed forces. In fact, veterans comprise over 40% of our workforce. We recognize their unrivalled experience, skills, and leadership abilities and appreciate their immense contributions to delivering creative solutions to our clients.

Read Hart Energy’s in-depth profile on Ivany here.

About CAMS

CAMS is a privately held company providing a full range of services in the energy sector. These services include lifecycle management of Environmental, Social, and Governance (ESG) issues for all facility and industry types. Our founding principle is to add value through superior management and operation of our clients’ energy infrastructure assets. To this end, we empower our employees to pursue creative and sustainable business practices in the field and at our corporate office that contribute to operational excellence, financial performance, a safe workplace, and a better community and environment. We do not take this responsibility lightly: We treat the assets with which we are entrusted as our own. For additional information, visit www.camstex.com.

Corporate Communications
Deanna Werner
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BOGOTA, Colombia--(BUSINESS WIRE)--GeoPark Limited (“GeoPark” or the “Company”) (NYSE: GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator today announced its inclusion in the 2022 Bloomberg Gender Equality Index (“Bloomberg GEI”).

The Bloomberg GEI is a market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender equality reporting disclosures including female leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies, and pro-women brand. Companies included in the 2022 Bloomberg GEI scored at or above a global threshold established by Bloomberg to reflect best-in-class gender-related statistics and policies.

Sylvia Escovar, Chair of GeoPark, said: “As a Company built from scratch with the need to attract and hire the most capable professionals in order to achieve our long-term value proposition, it is natural that our team mirrors the true diversity of the world around us. We need the very best people to reach our big objectives and that is the simple formula behind our track record of success. Integrating and promoting diversity continuously adds value by expanding our opportunities, enriching our culture, and allowing us to see and accomplish more.”

Peter T. Grauer, Chairman of Bloomberg and Founding Chairman of the U.S. 30% Club, said: “We are proud to recognize GeoPark and the other 417 companies included in the 2022 GEI for their commitment to transparency and setting a new standard in gender-related data reporting. Even though the threshold for inclusion in the GEI has risen, the member list continues to grow. This is a testament that more companies are working to improve upon their gender-related metrics, fostering more opportunity for diverse talent to succeed in their organizations.”

NOTICE

Additional information about GeoPark can be found in the “Investor Support” section on the website at www.geo-park.com.

Certain amounts included in this press release have been rounded for ease of presentation.

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION

This press release contains statements that constitute forward-looking statements. Many of the forward-looking statements contained in this press release can be identified by the use of forward-looking words such as ‘‘anticipate,’’ ‘‘believe,’’ ‘‘could,’’ ‘‘expect,’’ ‘‘should,’’ ‘‘plan,’’ ‘‘intend,’’ ‘‘will,’’ ‘‘estimate’’ and ‘‘potential,’’ among others.

Forward-looking statements that appear in a number of places in this press release include, but are not limited to, statements regarding the intent, belief or current expectations, regarding various matters, including expected dividend payments, share buybacks, future financial performance and free cash flow generation. Forward-looking statements are based on management’s beliefs and assumptions, and on information currently available to the management. Such statements are subject to risks and uncertainties, and actual results may differ materially from those expressed or implied in the forward-looking statements due to various factors.

Forward-looking statements speak only as of the date they are made, and the Company does not undertake any obligation to update them in light of new information or future developments or to release publicly any revisions to these statements in order to reflect later events or circumstances, or to reflect the occurrence of unanticipated events. For a discussion of the risks facing the Company which could affect whether these forward-looking statements are realized, see filings with the U.S. Securities and Exchange Commission (SEC).

INVESTORS:
Stacy Steimel
Shareholder Value Director
T: +562 2242 9600
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Miguel Bello
Market Access Director
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Diego Gully
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MEDIA:
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IRVING, Texas--(BUSINESS WIRE)--The Board of Directors of Exxon Mobil Corporation today declared a cash dividend of $0.88 per share on the Common Stock, payable on March 10, 2022 to shareholders of record of Common Stock at the close of business on February 10, 2022.

This first quarter dividend is at the same level as the dividend paid in the fourth quarter of 2021.

Through its dividends, the corporation has shared its success with its shareholders for more than 100 years and has increased its annual dividend payment to shareholders for 39 consecutive years.

Media Relations
972-940-6007

Findings reveal damage to business performance when companies lack insight into their processes

NEW YORK & MUNICH--(BUSINESS WIRE)--Celonis, the pioneer and global leader in process mining and execution management, today released independent research showing that businesses are hindered by the complexity of multiple systems and processes, and lack understanding of their process data. These findings stem from the Forrester Consulting survey commissioned by Celonis: “Trends in Process Improvement and Data Execution: How Organizations are Improving Processes and Turning Process Data into Real-Time Action.”

The study found that business leaders are turning to process mining to deliver data and uncover insights about how their business operates. These insights are helping them to understand and improve the execution of a complex web of processes that power their company. These include supply chain and customer service processes that function across a vast range of systems, such as Enterprise Resource Planning, Supply Chain Management, Information Technology Service Management, spreadsheets and more.

The findings also show a range of business issues that are created when companies lack insights into how their processes are executing including increased cost, decreased efficiency, missed new business opportunities, lower productivity, high employee turnover rates, missed KPIs, loss of revenue, lower customer and employee satisfaction as well as loss of strategic vision.

“Process inefficiencies are the silent killers in businesses and they can't be seen without process mining,” said Wil van der Aalst, Chief Scientist at Celonis. “When process inefficiencies are seen and fixed business performance increases as well as the flexibility to read and react to business disruptions, inflation, pandemics and sustainability requirements."

The survey revealed that… “More than ever, organizations are tasked with navigating increasingly complex processes. The art of simplification — a useful business principle in theory — has, for many companies, evolved into problem-solving by adding, not subtracting, technologies. For others, it has meant wishfully throwing automation at complex processes, only to see a lack of fit lead to disappointing results. To optimize business performance, brands must quickly and objectively identify process inefficiencies and gather real time understandings of their inner workings at scale to meet company goals and successfully compete.”

The study captures insights from more than 800 decision-makers at companies worldwide.

Key Findings include:

• 61% of decision-makers will use, or are evaluating, process mining in the next 12 months, ranking it the top technology they plan to use to measure or improve their business processes.
• 71% of businesses use ten or more applications to execute a single process and 72% still use manual methods that limit process visibility.
• 90% of businesses that use process mining technology are confident they’ll hit their process improvement targets this year.
• Only 16% of businesses say they have complete visibility into their processes and just 7% report complete, real-time process visibility.

Organizations are Failing to Optimize Processes, Losing Out on Key Opportunities

Organizations have historically struggled to develop, document and track processes, but on top of this, companies now wrestle with macroeconomic challenges such as inflation, supply chain disruptions and hybrid system environments, making process visibility even more critical now.

• Only 56% of decision-makers feel they’re able to incorporate all systems involved into their department’s processes to create an end-to-end view of those processes.
• Almost half of the survey participants, 44%, said they are spending more due to lack of process insights. 28% of North America respondents are feeling the impact of lower customer satisfaction from process issues compared to their EMEA counterparts, 25%.

Elusive Real-Time Data Hampers Execution

The next phase of transforming business processes is moving from complete process visibility to complete real-time process visibility. In the modern consumer experience, reacting in real-time is table-stakes – imagine if Uber took more than a day to process requests. Why should business processes be different?

The lack of real-time data adoption by businesses to improve process visibility shows:

• 53% of businesses report using process visibility data that is more than one day old
• 28% of businesses report using process visibility data that is greater than 10 minutes old and less than one day old
• 12% of businesses report using process visibility data that is greater than one minute but less than 10 minutes old

Based on the findings of Forrester’s research, Celonis makes the following recommendations to improve productivity (and therefore save resources and provide a better customer experience):

• Identify processes to track and baseline before assessing which to improve, or automate: It’s crucial that businesses first know their processes, intimately, before triaging and changing plans for improvements. A helpful mantra to remember is “understand, reengineer, and automate processes” - in this order.
• Invest in process skills: Most companies are structured by functions, not processes. To improve processes, leaders must emphasize an end-to-end process mindset - not functions. Business process owner roles, hardly ever found in an organization, must exist and be influential.
• Task mining, in tandem with process mining, enables companies to gain additional insight into how their processes actually work. This provides the full picture of process weak points and employee pain points from the applications they’re using along a process. Process mining and task-mining combined can provide a full picture.
• The true value of process mining comes with cross-system discovery: Processes covered by a single system (such as ERP, SCM or CRM) tend to benefit less from process mining than those that span a multitude of systems. Process mining initiatives should focus on the multi-system use cases for high return from their process mining investments.

Celonis is the process mining market leader and pioneer of the execution management category. Its Execution Management System (EMS) is built across three pillars - data, intelligence, and action - to provide a 360-degree view of all business processes within an organization. Celonis’ EMS analyzes and identifies processes bottlenecks, automates fixes to them and makes actionable suggestions to put data to work for its customers.

Read more about the underlying issues and potential solutions in former ZDNet editor-in-chief Larry Dignan’s post here and our animated infographic here.

Methodology

Celonis commissioned Forrester Consulting to evaluate the current state of process improvement and data execution within organizations. Forrester completed an online survey of 818 process owning and business execution decision-makers at organizations around the world to evaluate the state of process improvement and data execution within organizations. Survey participants included decision-makers in director positions and above within technology, data strategy, or oversight roles. Questions provided to the participants asked about process visibility, execution, and improvement. The study was carried out in September/October of 2021.

About Celonis

Celonis helps organizations to execute on their data. Powered by its market-leading process mining core, the Celonis Execution Management System provides a set of applications, a developer studio and platform capabilities for business executives and users to eliminate billions in corporate inefficiencies, provide better customer experience and reduce carbon emissions. Celonis has thousands of global customers and is headquartered in Munich, Germany and New York City, USA with 16 offices worldwide.

© 2021 Celonis SE. All rights reserved. Celonis and the Celonis “droplet” logo are trademarks or registered trademarks of Celonis SE in Germany and other jurisdictions. All other product and company names are trademarks or registered trademarks of their respective owners.

Joanne Blum
Director of North America Communications
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HOUSTON--(BUSINESS WIRE)--USD Partners LP (NYSE: USDP) (the “Partnership”) announced today that the Board of Directors of its general partner declared a quarterly cash distribution of $0.121 per unit for the fourth quarter of 2021 ($0.484 per unit on an annualized basis), representing an increase of $0.0025 per unit, or 2.1% over the distribution declared for the third quarter of 2021. The quarterly increase is in-line with management’s previously stated guidance. The distribution is payable on February 18, 2022, to unitholders of record at the close of business on February 9, 2022.

Fourth Quarter 2021 Earnings Release Date and Conference Call Information

The Partnership plans to report fourth quarter 2021 and full-year 2021 financial and operating results after market close on Wednesday, March 2, 2022. The Partnership will host a conference call and webcast regarding fourth quarter 2021 results at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) on Thursday, March 3, 2022.

To listen live over the Internet, participants are advised to log on to the Partnership’s website at www.usdpartners.com and select the “Events & Presentations” sub-tab under the “Investors” tab. To join via telephone, participants may dial (866) 518-6930 domestically or +1 (203) 518-9822 internationally, conference ID 8961403. Participants are advised to dial in at least five minutes prior to the call.

An audio replay of the conference call will be available for thirty days by dialing (800) 688-7945 domestically or +1 (402) 220-1370 internationally, conference ID 8961403. In addition, a replay of the audio webcast will be available by accessing the Partnership's website after the call is concluded.

About USD Partners LP

USD Partners LP is a fee-based, growth-oriented master limited partnership formed in 2014 by US Development Group, LLC (“USD”) to acquire, develop and operate midstream infrastructure and complementary logistics solutions for crude oil, biofuels and other energy-related products. The Partnership generates substantially all of its operating cash flows from multi-year, take-or-pay contracts with primarily investment grade customers, including major integrated oil companies and refiners. The Partnership’s principal assets include a network of crude oil terminals that facilitate the transportation of heavy crude oil from Western Canada to key demand centers across North America. The Partnership’s operations include railcar loading and unloading, storage and blending in on-site tanks, inbound and outbound pipeline connectivity, truck transloading, as well as other related logistics services. In addition, the Partnership provides customers with leased railcars and fleet services to facilitate the transportation of liquid hydrocarbons and biofuels by rail.

USD, which owns the general partner of USD Partners LP, is engaged in designing, developing, owning, and managing large-scale multi-modal logistics centers and energy-related infrastructure across North America. USD’s solutions create flexible market access for customers in significant growth areas and key demand centers, including Western Canada, the U.S. Gulf Coast and Mexico. Among other projects, USD is currently pursuing the development of a premier energy logistics terminal on the Houston Ship Channel with capacity for substantial tank storage, multiple docks (including barge and deepwater), inbound and outbound pipeline connectivity, as well as a rail terminal with unit train capabilities. For additional information, please visit texasdeepwater.com. Information on websites referenced in this release is not part of this release.

Qualified Notice to Nominees

This release serves as qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that we believe that 100 percent of the Partnership’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of the Partnership’s distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not the Partnership, are treated as withholding agents responsible for withholding distributions received by them on behalf of foreign investors.

Cautionary Note Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of U.S. federal securities laws, including statements with respect to the amount and timing of the Partnership’s fourth quarter 2021 cash distribution and the business prospects of the Partnership and USD. Words and phrases such as “plans,” “expects,” “will,” “progressing on,” “pursuing,” and similar expressions are used to identify such forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements relating to the Partnership are based on management’s expectations, estimates and projections about the Partnership, its interests, USD’s projects and the energy industry in general on the date this press release was issued. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. The current economic downturn and pandemic introduces unusual risks and an inability to predict all risks that may impact the Partnership’s business and outlook. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include those as set forth under the heading “Risk Factors” in the Partnership’s most recent Annual Report on Form 10-K and in its subsequent filings with the Securities and Exchange Commission. The Partnership is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.

Category: Earnings

Investor Relations Contacts:

Adam Altsuler, (281) 291-3995
Executive Vice President and Chief Financial Officer

Jennifer Waller, (832) 991-8383
Director, Financial Reporting and Investor Relations

WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA) today announced that it will issue a press release containing its fourth quarter 2021 financial results after the Nasdaq closes on Tuesday, February 22, 2022. On Wednesday, February 23, 2022 at 10:00 a.m. Eastern Time, Chief Executive Officer Jonathan Pertchik, President Barry Richards and Chief Financial Officer and Treasurer Peter Crage will host a conference call to discuss these results.

The conference call telephone number is (877) 329-4614. Participants calling from outside the United States and Canada should dial (412) 317-5437. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through Wednesday, March 2, 2022. To hear the replay, dial (412) 317-0088. The replay pass code is 8379762.

A live audio webcast of the conference call will also be available in a listen-only mode on the company's website, which is located at www.ta-petro.com. Participants who want to access the webcast should visit the company's website about five minutes before the call. The archived webcast will be available for replay on the company's website after the call.

About TravelCenters of America Inc.:

TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, its more than 18,000 team members serve guests in over 275 locations in 44 states and Canada, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, truck maintenance and repair, full-service and quick-service restaurants, travel stores, car and truck parking and other services dedicated to providing great experiences for its guests. TA is committed to sustainability, with its specialized business unit, eTA, focused on sustainable energy options for professional drivers and motorists, while leveraging alternative energy to support its own operations. TA operates over 600 full-service and quick-service restaurants and nine proprietary brands, including Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.

Kristin Brown, Director, Investor Relations
(617) 796-8251

Company Plans to Deliver Higher Annual Dividend Payout for 35^th Consecutive Year

SAN RAMON, Calif.--(BUSINESS WIRE)--The Board of Directors of Chevron Corporation (NYSE: CVX) today declared a quarterly dividend of one dollar and forty-two cents ($1.42) per share, an increase of eight cents ($0.08) per share or approximately 6 percent. The dividend is payable March 10, 2022, to all holders of common stock as shown on the transfer records of the Corporation at the close of business February 16, 2022.

This increase puts Chevron on track to make 2022 the 35^th consecutive year with an increase in annual dividend payout per share.

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and seeking to grow lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release contains forward-looking statements relating to Chevron’s operations that are based on management's current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential,” “ambitions,” “aspires” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company’s products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions; disruptions in the company’s global supply chain, including supply chain constraints; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions; changing refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates, particularly during the COVID-19 pandemic; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to pay future dividends; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 18 through 23 of the company’s 2020 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements.

Sean Comey -- +1 925-842-5509

Fourth Quarter 2021 Highlights:

• Net income was $165.1 million. Net cash provided by operating activities was $223.5 million.
• Net income attributable to Hess Midstream LP was $16.9 million, or $0.51 per Class A share, after deduction for noncontrolling interests.
• Adjusted EBITDA¹ was $246.6 million, Distributable Cash Flow¹ was $215.0 million and Adjusted Free Cash Flow¹ was $162.8 million.

2022 Guidance Highlights:

• 2022 net income of $630—$660 million, Adjusted EBITDA of $970—$1,000 million and Distributable Cash Flow of $840—$870 million.
• 2022 capital expenditures expected to be approximately $235 million, focused on expansion of gas compression capacity and gathering system well connects to meet Hess Corporation’s accelerated pace of development in the Bakken.
• Hess Midstream LP expects to generate Adjusted Free Cash Flow of approximately $615—645 million in 2022, more than sufficient to fully fund targeted distributions. In addition, Hess Midstream LP expects leverage to be approximately 2.6x Adjusted EBITDA on a full-year basis, which is expected to provide capital allocation flexibility in 2022.
• Completed annual tariff rate redetermination process and established minimum volume commitments (“MVCs”) for 2024. MVCs for 2024 reflect expected organic throughput volume growth across all systems relative to 2022 volume guidance. MVCs for 2023 were generally revised higher, providing visibility of expected volume and revenue growth relative to 2022 MVC levels. Hess Midstream LP expects approximately 95% MVC revenue protection in 2022.
• Hess Midstream LP is extending its annual distribution per share growth target of 5% through 2024 with expected annual distribution coverage greater than 1.4x.
• Hess Midstream LP is extending its previously announced expectation of continued growth in Adjusted EBITDA through 2024 and continued Adjusted Free Cash Flow generation sufficient to fully fund growing distributions and provide capital allocation flexibility.

⁽¹⁾ Adjusted EBITDA, Distributable Cash Flow and Adjusted Free Cash Flow are non‑GAAP measures. Definitions and reconciliations of these non‑GAAP measures to GAAP reporting measures appear in the following pages of this release.

HOUSTON--(BUSINESS WIRE)--$HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream”) today reported fourth quarter 2021 net income of $165.1 million compared with net income of $132.3 million for the fourth quarter of 2020. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $16.9 million, or $0.51 per Class A share. Hess Midstream generated Adjusted EBITDA of $246.6 million. Distributable Cash Flow (“DCF”) for the fourth quarter of 2021 was $215.0 million and Adjusted Free Cash Flow was $162.8 million.

“In 2021, we continued to make significant progress on enhancing our gas capture capability through the execution of the Tioga Gas Plant turnaround, tie-in of the 150 MMcf/d plant expansion, and build-out of our gas gathering and compression capacity. These projects drive sustained and visible throughput growth, which is reflected in the guidance we issued earlier this week," said John Gatling, President and Chief Operating Officer of Hess Midstream. "As we enter 2022, we remain focused on delivering safe and reliable operating performance, project execution, and strong financial results, which provide the potential for continued growth and additional return of capital to our shareholders.”

Hess Midstream’s results contained in this release are consolidated to include the noncontrolling interests in Hess Midstream Operations LP owned by affiliates of Hess Corporation (“Hess”) and Global Infrastructure Partners (“GIP” and together with Hess, the "Sponsors"). We refer to certain results as “attributable to Hess Midstream LP,” which exclude the noncontrolling interests in Hess Midstream Operations LP owned by the Sponsors.

Financial Results

Revenues and other income in the fourth quarter of 2021 were $316.3 million compared with $266.5 million in the prior-year quarter. Fourth quarter 2021 revenues included $21.3 million of pass-through electricity, produced water trucking and disposal costs, rail transportation and certain other fees and $23.3 million of shortfall fee payments related to MVCs compared with $22.0 million and $6.8 million, respectively, in the prior-year quarter. Fourth quarter 2021 revenues and other income were up $49.8 million compared to the prior-year quarter primarily due to higher MVC levels and tariff rates. Total costs and expenses in the fourth quarter of 2021 were $116.4 million, up from $111.8 million in the prior-year quarter. The increase was primarily attributable to the depreciation expense for additional assets placed in service.

Net income for the fourth quarter of 2021 was $165.1 million, or $0.51 per Class A share, after deduction for noncontrolling interests. Substantially all of income tax expense was attributed to earnings of Class A shares reflective of our organizational structure. Net cash provided by operating activities for the fourth quarter of 2021 was $223.5 million.

Adjusted EBITDA for the fourth quarter of 2021 was $246.6 million. Relative to distributions, DCF for the fourth quarter of 2021 of $215.0 million resulted in an approximately 1.6x distribution coverage ratio. Adjusted Free Cash Flow for the fourth quarter of 2021 was $162.8 million.

At 2021 year-end, debt was approximately $2.6 billion, 2021 full year net income was approximately $617.8 million and full year Adjusted EBITDA was approximately $908.5 million, representing leverage of approximately 2.9x.

Operational Highlights

Throughput volumes increased 4% for gas gathering and gas processing in the fourth quarter of 2021 compared with the fourth quarter of 2020 driven by higher gas capture. Throughput volumes decreased 18% for crude oil gathering, 14% for crude oil terminaling and 11% for water gathering in the fourth quarter of 2021 compared with the fourth quarter of 2020 due to reduced drilling activity. The impact of the reduction in physical volumes in the fourth quarter of 2021 compared to the fourth quarter of 2020 was offset by MVC shortfall fee payments and higher tariff rates.

Capital Expenditures

Capital expenditures for the fourth quarter of 2021 totaled $54.4 million, including $52.2 million of expansion capital expenditures and $2.2 million of maintenance capital expenditures, and were primarily attributable to continued expansion of our gas compression capacity. Capital expenditures in the prior-year quarter were $50.8 million, including $50.2 million of expansion capital expenditures and $0.6 million of maintenance capital expenditures, and were primarily attributable to construction and fabrication activities for the Tioga Gas Plant expansion.

Quarterly Cash Distributions

On January 24, 2022, our general partner’s board of directors declared a quarterly cash distribution of $0.5167 per Class A share for the fourth quarter of 2021, an increase of 1.2% over the distribution for the prior quarter consistent with Hess Midstream’s targeted 5% growth in annual distributions per Class A share. The distribution is expected to be paid on February 14, 2022 to shareholders of record as of the close of business on February 3, 2022.

Investor Webcast

Hess Midstream will review fourth quarter financial and operating results and other matters on a webcast today at 12:00 p.m. Eastern Time. The live audio webcast is accessible on the Investor page of our website www.hessmidstream.com. Conference call numbers for participation are 866-395-9624, or 213-660-0871 for international callers. The passcode number is 5556718. A replay of the conference call will be available at the same location following the event.

About Hess Midstream

Hess Midstream LP is a fee‑based, growth-oriented midstream company that operates, develops and acquires a diverse set of midstream assets to provide services to Hess and third‑party customers. Hess Midstream owns oil, gas and produced water handling assets that are primarily located in the Bakken and Three Forks Shale plays in the Williston Basin area of North Dakota. More information is available at www.hessmidstream.com.

Reconciliation of U.S. GAAP to Non‑GAAP Measures

In addition to our financial information presented in accordance with U.S. generally accepted accounting principles (“GAAP”), management utilizes certain additional non‑GAAP measures to facilitate comparisons of past performance and future periods. “Adjusted EBITDA” presented in this release is defined as reported net income (loss) before net interest expense, income tax expense, depreciation and amortization and our proportional share of depreciation of our equity affiliates, as further adjusted to eliminate the impact of certain items that we do not consider indicative of our ongoing operating performance, such as transaction costs, other income and other non‑cash, non‑recurring items, if applicable. “Distributable Cash Flow” or “DCF” is defined as Adjusted EBITDA less net interest, excluding amortization of deferred financing costs, cash paid for federal and state income taxes and maintenance capital expenditures. DCF does not reflect changes in working capital balances. We define “Adjusted Free Cash Flow” as DCF less expansion capital expenditures and ongoing contributions to equity investments. We believe that investors’ understanding of our performance is enhanced by disclosing these measures as they may assist in assessing our operating performance as compared to other publicly traded companies in the midstream energy industry, without regard to historical cost basis or, in the case of Adjusted EBITDA, financing methods, and assessing the ability of our assets to generate sufficient cash flow to make distributions to our shareholders. These measures are not, and should not be viewed as, a substitute for GAAP net income or cash flow from operating activities and should not be considered in isolation. Reconciliations of Adjusted EBITDA, DCF and Adjusted Free Cash Flow to reported net income (GAAP) and net cash provided by operating activities (GAAP), are provided below. Hess Midstream is unable to project net cash provided by operating activities with a reasonable degree of accuracy because this metric includes the impact of changes in operating assets and liabilities related to the timing of cash receipts and disbursements that may not relate to the period in which the operating activities occur. Therefore, Hess Midstream is unable to provide projected net cash provided by operating activities, or the related reconciliation of projected Adjusted Free Cash Flow to projected net cash provided by operating activities without unreasonable effort.

Cautionary Note Regarding Forward-looking Information

This press release contains “forward-looking statements” within the meaning of U.S. federal securities laws. Words such as “anticipate,” “estimate,” “expect,” “forecast,” “guidance,” “could,” “may,” “should,” “would,” “believe,” “intend,” “project,” “plan,” “predict,” “will,” “target” and similar expressions identify forward-looking statements, which are not historical in nature. Our forward-looking statements may include, without limitation: our future financial and operational results; our business strategy; our industry; our expected revenues; our future profitability; our maintenance or expansion projects; our projected budget and capital expenditures and the impact of such expenditures on our performance; and future economic and market conditions in the oil and gas industry.

Forward-looking statements are based on our current understanding, assessments, estimates and projections of relevant factors and reasonable assumptions about the future. Forward-looking statements are subject to certain known and unknown risks and uncertainties that could cause actual results to differ materially from our historical experience and our current projections or expectations of future results expressed or implied by these forward-looking statements. The following important factors could cause actual results to differ materially from those in our forward-looking statements: the direct and indirect effects of the COVID-19 global pandemic and other public health developments on our business and those of our business partners, suppliers and customers, including Hess; the ability of Hess and other parties to satisfy their obligations to us, including Hess’ ability to meet its drilling and development plans on a timely basis or at all, its ability to deliver its nominated volumes to us, and the operation of joint ventures that we may not control; our ability to generate sufficient cash flow to pay current and expected levels of distributions; reductions in the volumes of crude oil, natural gas, natural gas liquids (“NGLs”) and produced water we gather, process, terminal or store; the actual volumes we gather, process, terminal or store for Hess in excess of our MVCs and relative to Hess' nominations; fluctuations in the prices and demand for crude oil, natural gas and NGLs, including as a result of the COVID-19 global pandemic; changes in global economic conditions and the effects of a global economic downturn on our business and the business of our suppliers, customers, business partners and lenders; our ability to comply with government regulations or make capital expenditures required to maintain compliance, including our ability to obtain or maintain permits necessary for capital projects in a timely manner, if at all, or the revocation or modification of existing permits; our ability to successfully identify, evaluate and timely execute our capital projects, investment opportunities and growth strategies, whether through organic growth or acquisitions; costs or liabilities associated with federal, state and local laws, regulations and governmental actions applicable to our business, including legislation and regulatory initiatives relating to environmental protection and safety, such as spills, releases, pipeline integrity and measures to limit greenhouse gas emissions; our ability to comply with the terms of our credit facility, indebtedness and other financing arrangements, which, if accelerated, we may not be able to repay; reduced demand for our midstream services, including the impact of weather or the availability of the competing third-party midstream gathering, processing and transportation operations; potential disruption or interruption of our business due to catastrophic events, such as accidents, severe weather events, labor disputes, information technology failures, constraints or disruptions and cyber-attacks; any limitations on our ability to access debt or capital markets on terms that we deem acceptable, including as a result of weakness in the oil and gas industry or negative outcomes within commodity and financial markets; liability resulting from litigation; and other factors described in Item 1A—Risk Factors in our Annual Report on Form 10-K and any additional risks described in our other filings with the Securities and Exchange Commission.

As and when made, we believe that our forward-looking statements are reasonable. However, given these risks and uncertainties, caution should be taken not to place undue reliance on any such forward-looking statements since such statements speak only as of the date when made and there can be no assurance that such forward-looking statements will occur and actual results may differ materially from those contained in any forward-looking statement we make. Except as required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise.

For Hess Midstream LP

Investors:
Jennifer Gordon
(212) 536-8244

Media:
Robert Young
(713) 496-6076

DENVER--(BUSINESS WIRE)--Liberty Oilfield Services Inc. (NYSE: LBRT) announced today that it will release its financial results for the fourth quarter and full year ending December 31, 2021 after the market closes on Tuesday, February 8, 2022. Following the release, the Company will host a conference call to discuss the results at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time) on Wednesday, February 9, 2022. Presenting the Company’s results will be Chris Wright, Chief Executive Officer, Ron Gusek, President, and Michael Stock, Chief Financial Officer.

Individuals wishing to participate in the conference call should dial (833) 255-2827, or for international callers, (412) 902-6704. Participants should ask to join the Liberty Oilfield Services call. A live webcast will be available at http://investors.libertyfrac.com. The webcast can be accessed for 90 days following the call. A telephone replay will be available shortly after the call and can be accessed by dialing (877) 344-7529, or for international callers (412) 317-0088. The passcode for the replay is 6679552. The replay will be available until February 16, 2022.

About Liberty

Liberty is a leading North American oilfield services firm that offers one of the most innovative suites of completion services and technologies to onshore oil and natural gas exploration and production companies. Liberty was founded in 2011 with a relentless focus on developing and delivering next generation technology for the sustainable development of unconventional energy resources in partnership with our customers. Liberty is headquartered in Denver, Colorado. For more information about Liberty, please contact Investor Relations at This email address is being protected from spambots. You need JavaScript enabled to view it.

Michael Stock
Chief Financial Officer
303-515-2851
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Benchmark Advances CDP’s Efforts To Advance Management and Disclosure of Financially-Relevant Climate and Environmental Issues by Global Organizations

CINCINNATI--(BUSINESS WIRE)--As part of its continuous efforts to use data and analytics to limit emissions, Benchmark Digital Partners (Benchmark), a leading provider of cloud-based Environmental, Social and Governance (ESG) enterprise software solutions, today announced it has been named a CDP Gold Software Partner for the United States and has joined CDP’s global network of Accredited Solutions Providers (ASP). Benchmark earned this esteemed designation in recognition of its efforts to equip organizations with the resources, insight and expertise needed to achieve and sustain improvements in their ESG performance. CDP (formerly the Carbon Disclosure Project) is the global non-profit behind the world’s leading voluntary environmental data disclosure system.

“A truly sustainable enterprise is achieved through a number of processes. Key among these is the collection, usage and disclosure of accurate, timely, complete, relevant and verifiable data that delineates the organization’s performance against key sustainability indicators,” said Benchmark CEO and Founder R. Mukund. “This is the foundational premise for our enduring commitment to innovating, customizing and delivering a suite of ESG program management and reporting solutions that enterprise end-users can use to realize their sustainability ambitions. And we’re honored to have CDP’s accreditation, which we trust will advance Benchmark’s own mission of helping organizations be more responsible, transparent and accountable contributors to society.”

CDP’s environmental disclosure system is used by more than 13,000 companies and 1,100 cities, states and regions globally, and is backed by investors representing USD $110 trillion in AUM. CDP uses the information that organizations self-report through CDP’s disclosure system to assign highly-coveted “scores” of the progress reporting entities are making towards environmental stewardship on an annual basis. To help reporting entities navigate this process, CDP accredits environmental service providers whose products and services can not only help organizations improve the quality of their disclosures, but can also help organizations to identify and address the shortcomings in their management of climate and environmental issues so that they may advance their journey towards environmental stewardship.

“As a CDP Accredited Solutions Provider, Benchmark Digital Partners will bring highly valued expertise to the growing number of organizations reporting their climate and environmental data through the CDP disclosure system, a process that will help disclosing parties to better understand and manage their climate-related ESG risks and, ultimately, reduce their adverse impacts on our natural systems,” said Paul Robins, Head of Corporate Partnerships, CDP. “Benchmark is making a name for itself in the ESG program management services industry. And we are pleased to now count them among our global network of Accredited Solutions Providers where we’re confident that their capabilities will prove useful to the institutions that report to CDP.”

Benchmark is a rapidly expanding company, having achieved tremendous global growth in FY2021 as business executives and investment funds around the world continue to prioritize transparent, measurable and responsible corporate citizenship and sustainability. After witnessing the changing expectations for the private sector over the course of 2020, in October 2021 Benchmark launched Benchmark ESG Director^TM, a platform designed to help enterprise end-users take control of their sustainability narrative and put in place processes needed to continuously monitor, manage and report their performance against financially-relevant ESG issues. Briefly, ESG Director enables users to:

• Assess materiality of more than 300 industry-standard KPIs and assign ownership of key metrics
• Coordinate ESG inputs across distinct enterprise functions, teams and business systems
• Streamline reporting to multiple ESG frameworks, including CDP
• Satisfy the regular and ad hoc investor and stakeholder requests for ESG performance disclosures with investment-grade ESG data

“Beyond underscoring the demonstrated value of our ESG platform, gaining CDP accreditation is part of an ongoing effort at Benchmark to help organizations address the expectations of their stakeholders through a medium they understand,” explained Donavan Hornsby, Corporate Development & Strategy Officer at Benchmark. “We at Benchmark recognize the urgency of the climate crisis, and the need to take immediate and lasting action to reduce GHG emissions in order to meet the targets of the Paris Agreement. And we welcome the opportunity to help organizations reporting through CDP’s disclosure system to measure and manage their emissions and otherwise start and administer the processes needed to produce investment-grade ESG data. This is the information organizations’ stakeholders demand. And it’s the information that will enable organizations to see where they need to improve, inform their interventions and determine whether their interventions achieve their intent. It’s data that makes or breaks an ESG journey.”

About Benchmark ESG™

Benchmark ESG™ enables companies to implement robust cross-functional Environmental, Social, and Governance (ESG) digital solutions – locally, globally and across diverse operating profiles. Our comprehensive cloud-based software suite features intuitive, best-practice process functionality, flexible configurations and powerful extensions. For over two decades and through Year 2020 under the Gensuite® brand, we’ve helped companies to manage safe & sustainable operations worldwide, with a focus on fast return on investment (ROI), service excellence and continuous innovation. Join over 1,500,000 users that trust Benchmark ESG™ with their software system needs for operational risk and compliance, EHS, sustainability, product stewardship and responsible sourcing.

About CDP

CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 590 investors with over $110 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 14,000 organizations around the world disclosed data through CDP in 2021, including more than 13,000 companies worth over 64% of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit cdp.net or follow us @CDP to find out more.

Media
Jen Weaver
Benchmark Digital Partners
+1 (610) 703-8852
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SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Company (NYSE: SWN) today announced it will host a conference call and live audio webcast on February 25, 2022 to discuss fourth quarter and full year 2021 financial and operating results. The Company plans to release results on February 24, 2022 after market close, which will be available on SWN’s website at www.swn.com.

A replay of the call will also be available until March 4, 2022 at 877-344-7529, International 412-317-0088, or Canada Toll Free 855-669-9658, access code 3985981.

About Southwestern Energy
Southwestern Energy Company (NYSE: SWN) is a leading U.S. producer and marketer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation’s most prolific shale gas basins. SWN’s returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its scale, financial strength and operational execution. For additional information, please visit www.swn.com and www.swn.com/responsibility.

Investor Contact
Brittany Raiford
Director, Investor Relations
(832) 796-7906
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ARMONK, N.Y.--(BUSINESS WIRE)--#CleanEnergy--Brightcore Energy, a leading provider of end-to-end clean energy solutions to the commercial and institutional (“C&I”) market, announced today the appointment of Lauren Hildebrand to the newly created role of Vice President, Client Sustainability.

“Brightcore Energy is extremely excited to have Lauren Hildebrand join our team,” said Mike Richter, President of Brightcore Energy. “She will bring critical knowledge to our strategic clients to enable them to meet building electrification and decarbonization goals.”

In her role as Sustainability Director at Steven Winter Associates, Inc., Lauren focused on sustainable and high performance residential and commercial building design, construction, renovation, and operation. Her expertise includes sustainable design, indoor air quality & energy performance testing, and project certification for both commercial and residential programs. With more than 16 years of experience, Lauren has also had true engagement in contractor training, building materials selection, energy code compliance, and incentive programs.

“I am thrilled to join the Brightcore family at such a transformative time in our push towards building electrification and decarbonization,” Lauren said. “I look forward to helping our clients find the most practical, economic and efficient turnkey solutions in order to succeed in meeting their sustainability goals.”

She has worked with green building certification programs since 2008, overseeing certification and consulting services for over 15,000 homes and multifamily units. Lauren is an accredited LEED AP BD+C, LEED for Homes Green Rater and WELL Performance Testing Agent, and has overseen project certification for residential programs, such as LEED®, ENERGY STAR®, NYSERDA, NJ Clean Energy, and Enterprise Green Communities. Awards presented to her clients include the 2013, 2018, 2019 and 2020 USGBC LEED Project of the Year Awards, 2018 Outstanding Multi-Family Developer, 2017 LEED Power Builder, and more.

She also presents at events and conferences around the Northeast, such as the NYS Green Building Conference, NESEA’s BuildingEnergy Conferences, North American Passive House Conference, and more.

About Brightcore Energy

Brightcore Energy accelerates the deployment of proven energy-efficiency and renewable energy technologies through its innovative Clean-Energy-as-a-Service model that requires no capital investment and provides for immediate operating cost savings, making it affordable and seamless for businesses and institutional buildings to quickly and easily transition their legacy energy platforms to significantly more efficient ones. Brightcore’s end-to-end clean energy solutions include LED lighting conversions, commercial and community solar, high-efficiency renewable heating and cooling (geothermal), electric vehicle (EV) charging and battery storage. Customers include Madison Square Garden, Citi Field, Montefiore Health System, Brookfield Properties, SL Green, LAZ Parking and numerous public and private educational institutions.

For more information, visit the Company at www.brightcoreenergy.com or on LinkedIn.

Michele Lea, This email address is being protected from spambots. You need JavaScript enabled to view it.

COLUMBUS, Ind.--(BUSINESS WIRE)--Today, Cummins Inc. (NYSE: CMI) Chairman and CEO Tom Linebarger was in Washington, D.C. speaking at a White House event focused on the Build Back Better Act. He joined President Joe Biden and several other business CEOs. Linebarger was one of three CEOs to have a speaking role during the formal press portion that took place at 1 p.m.

During his public and private discussions with President Biden and the other business leaders, Linebarger voiced his support for advancing the Build Back Better Act because of its provisions that address climate change, provide tax credits for hydrogen production, and other provisions that drive job creation and enhance American competitiveness.

“I support the climate change provisions in the Build Back Better Act and encourage Congress to pass the legislation,” said Linebarger. “The path to a decarbonized and sustainable future requires the engagement of everyone – government, businesses of all sizes, as well as communities and individuals. The decarbonization investments in the Build Back Better Act are critical to accelerating the adoption of innovations that can reduce emissions across the United States and set us on a path to a more sustainable future.”

“Our success implementing technologies to reduce emissions in response to the Clean Air Act, is exactly what we need to do now,” Linebarger added. “While it was extremely challenging, Cummins moved first and began investing in the necessary technologies and solutions to meet the regulations and by acting quickly, we established a leadership position and created significant jobs and growth for our company. We now sell these products and technologies that we developed in the United States all over the world. Decarbonization is similar and it’s going to happen globally. The United States has the opportunity to lead if we invest in the technologies and infrastructure now. If we act now, it is certain to create great American jobs and fuel U.S. economic growth, but it’s imperative we do more now, together and faster.”

Linebarger shared that he is encouraged by the tax credits for clean commercial vehicles, and the accompanying charging and fueling infrastructure needed to serve them, the new hydrogen production tax credit, which will support the development of a U.S. hydrogen economy that is globally competitive, and the investments in decarbonizing the grid and stationary power, because he views this as a well-to-wheels challenge.

During the meetings, Linebarger also emphasized that corporations must be able to continue to be successful for American working families with globally competitive tax policies.

“Our corporations need to be in the best position to continue to drive job creation, economic growth and recruit top talent,” Linebarger added. “For U.S. communities to thrive – both large and small – our companies need to be on equal footing with our global partners and we have to have tax policies in place that allow for this.”

Overall, Linebarger added that Cummins supports the Build Back Better Act and believes it’s critical to addressing the existential threat that climate change presents and believes the Build Back Better Act can help drive innovation, reduce reliance on carbon and contribute to American competitiveness and job creation.

About Cummins Inc.
Cummins Inc., a global power leader, is a corporation of complementary business segments that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, controls systems, air handling systems, automated transmissions, electric power generation systems, batteries, electrified power systems, hydrogen generation and fuel cell products. Headquartered in Columbus, Indiana (U.S.), since its founding in 1919, Cummins employs approximately 57,800 people committed to powering a more prosperous world through three global corporate responsibility priorities critical to healthy communities: education, environment and equality of opportunity. Cummins serves its customers online, through a network of company-owned and independent distributor locations, and through thousands of dealer locations worldwide and earned about $1.8 billion on sales of $19.8 billion in 2020. Learn more at cummins.com.

Jon Mills
Director, External Communications
317-658-4540
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Load Disaggregation Application Gives Utilities and Consumers Better Insight into Energy Usage

LIBERTY LAKE, Wash.--(BUSINESS WIRE)--#DistributedIntelligence--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced that NET2GRID’s customer engagement and customer intelligence solution is now part of Itron’s expanding ecosystem of Distributed Intelligence (DI) applications. NET2GRID offers leading-edge Artificial Intelligence and machine-learning services in energy insights based on disaggregation of energy consumption from smart meter data. The application will help customers understand where their energy is being consumed and give utilities greater insight into individual appliances and EV charging energy consumption.

The installation of NET2GRID’s customer engagement and customer intelligence application is the first step in NET2GRID’s development plans for Itron’s DI ecosystem. NET2GRID will provide accurate residential load disaggregation and demand predictions by analyzing Itron DI smart meter data in near real-time. The application will identify the energy consumption by the individual appliance used, offering greater visibility into how the customer is using energy and recommending ways to potentially save money by adjusting specific appliance usage. Appliances include HVAC, hot water heaters, refrigerators, pool pumps, solar panels, EV equipment and more.

“Living in a fast-paced technology advanced world, utilities must transform quickly to meet the needs of customers,” said Don Reeves, senior vice president, Outcomes at Itron. “Working together with NET2GRID to bring DI applications such as consumer load disaggregation into Itron’s expanding ecosystem allows customers to take their energy consumption management into their own hands. In addition, utilities can engage with their customers regarding their carbon footprint and energy usage. We are excited to collaborate with NET2GRID as we both envision a more sustainable future with EV integration and grid modernization in mind.”

“NET2GRID is excited to join Itron’s vibrant Distributed Intelligence ecosystem. With our customer engagement and customer intelligence application, we are taking a first step to utilize Itron’s DI platform, which will enable us to bring on additional applications in the future,” said Bert Lutje Berenbroek, CEO, NET2GRID. “Once available, the real-time load disaggregation app can deliver billions of predictions every day and provide behind the meter insights on charging EV using solar PV production. Through Itron’s third-party ecosystem and our application development partners, we are accelerating how consumers and utilities can benefit from DI applications and taking advantage of energy insights to optimize grid operations. We’ll be able to offer this capability to utilities and customers at a lower cost and develop applications more rapidly than previously possible.”

Itron’s robust DI platform allows innovators to build open, interoperable, value-driven applications on Itron’s secure platform that evolve with market and consumer demands. The DI development program enables an ecosystem of third-party developers to ensure a greater selection of applications to meet utility needs today and into the future. These applications are available via the Itron Enterprise Application Center, which features an increasingly diverse portfolio of Itron and third-party applications that connect to Itron's industry-leading, IoT-based network. The Itron Enterprise Application Center is the operational backbone for our utility customers to manage applications for customers via a private, secure web portal.

To learn more, media and industry analysts are invited to join an Itron press conference on Feb. 2, 2022, at 8 a.m. PST. Register here.

About NET2GRID
NET2GRID is an AI company which empowers energy retailers to become energy transition leaders by unlocking value from smart meter data. Our mission is to accelerate the energy transition. We provide the most accurate residential energy insights and predictions thanks to our unique know-how in collecting and analyzing smart meter data of all granularities. Our services are used by energy suppliers worldwide. Our clients include E.ON, EDP, EDF, ENI. We have offices in the Netherlands, Greece, USA and Germany.

About Itron
Itron enables utilities and cities to safely, securely and reliably deliver critical infrastructure solutions to communities in more than 100 countries. Our portfolio of smart networks, software, services, meters and sensors helps our customers better manage electricity, gas and water resources for the people they serve. By working with our customers to ensure their success, we help improve the quality of life, ensure the safety and promote the well-being of millions of people around the globe. Itron is dedicated to creating a more resourceful world. Join us: www.itron.com.

Itron^® is a registered trademark of Itron, Inc. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.

Itron, Inc.
Alison Mallahan
Senior Manager, Corporate Communications
509-891-3802
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NET2GRID
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Project 11 Fully Funded through 11½ Mile Stretch of Houston Ship Channel

HOUSTON--(BUSINESS WIRE)--The Port Commission of the Port of Houston Authority held its first regular monthly meeting of 2022 on Tuesday. Chairman Ric Campo began the meeting by reflecting on the past year. “Looking back helps us prepare for the future, and the future is incredibly bright for the Port,” he said. The chairman applauded the Port Houston team, partners, and industry for an “incredibly amazing year.”

Despite challenges due to supply chain interruptions, COVID 19, labor and equipment shortages, historic freezes, and hot summers, Port Houston posted the best numbers in its history, Chairman Campo said, and kept its people safe. “It’s not about numbers – it’s about amazing team members and partners supporting each other,” he added. “What the amazing numbers do is create our ability to generate jobs, and invest in our future, and create more value for our region.”

In addition to funding of the first 11½ miles of Project 11, the deepening and widening of the Houston Ship Channel, federal funding for Segment 3 has recently been announced. He noted this project funding was an incredible accomplishment, “considering a year ago at this time, it had no funding.”

He explained that funding would include covering the first contract already approved for the 11½-miles from Galveston Bay to Red Fish Island, and that this work is expected to be completed in 2024. Project 11 will accommodate larger vessels to more safely and efficiently navigate the channel.

Other Port Houston achievements over the past year as highlighted by Chairman Campo included the establishment of its Business Equity Program, to enhance the supplier diversity achievements of Port Houston’s successful Small Business Development Program. He also spoke of the development of its Diversity, Equity, and Inclusion plan, sharing that these efforts, along with Port Houston’s Sustainability Action Plan and Environmental, Social, Safety, and Governance Report, reflect its drive for committed, continued improvements “creating greater value for the community.”

Chairman Campo concluded that 2021 was an excellent year for Port Houston (https://porthouston.com/wp-content/uploads/Port-Houston-2021-By-the-Numbers-press-release.pdf), but the best is yet to come.

Actions taken Tuesday by the Port Commission included authorization of revisions to Tariffs 14 and 15 and the adoption of a resolution honoring the 100th anniversary of the Houston Pilots. The Greater Houston Port Bureau also announced at the meeting that Chairman Campo would be its Maritime Leader of the Year in 2022.

The next regular Port Commission meeting is on Thursday, February 24.

About Port Houston

For more than 100 years, Port Houston has owned and operated the public wharves and terminals along the Houston Ship Channel, including the area’s largest breakbulk facility and two of the most efficient and fastest-growing container terminals in the country. Port Houston is the advocate and a strategic leader for the Channel. The Houston Ship Channel complex and its more than 200 public and private terminals, collectively known as the Port of Houston, is the nation’s largest port for waterborne tonnage and an essential economic engine for the Houston region, the state of Texas, and the U.S. The Port of Houston supports the creation of nearly 1.35 million jobs in Texas and 3.2 million jobs nationwide, and economic activity totaling $339 billion in Texas – 20.6 percent of Texas’ total gross domestic product (GDP) – and $801.9 billion in economic impact across the nation. For more information, visit the website at www.PortHouston.com.

Lisa Ashley-Daniels, Director, Public Relations
Office: 713-670-2644; Mobile: 832-247-8179
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Designed to provide customers with end-to-end service, Keep Clean Vendors enable a holistic approach to operations looking to maximize returns on investments in lubricant programs.

SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Products Company, a division of Chevron U.S.A. Inc., today announced the launch of the Keep Clean Preferred Vendor Program to provide customers with the tools and services to make the most of their lubricants.

The Chevron Keep Clean Preferred Vendor Program recommends reputable vendors who offer tools to enhance lubricant-reliant operations for small, medium, and large enterprises after products are purchased. From storage and handling, to sampling tools for fluid analysis, Keep Clean Vendors aid organizations with their maintenance and lubrication needs—so these organizations can maximize performance and minimize costly downtime.

Extending Chevron’s customer-centric approach to lubrication, vendors in the Keep Clean Preferred Vendor Program are selected based off Chevron’s stringent requirements for quality suppliers who can provide the resources and knowledge to keep lubricants clean once delivered and in-service.

“As an established industry leader in clean lubricants, Chevron developed the Keep Clean Preferred Vendor Program as part of our commitment to the success of our customers’ reliability maintenance programs from start to finish,” says Rebecca Zwetzig, America’s ISOCLEAN Program Manager. “With the help of vendors who are also dedicated to customer excellence, we have developed a comprehensive solution to help organizations reach their increasingly stringent performance and uptime goals.”

“Lubrication is the lifeblood of machinery and vehicles for operations, and maintaining clean lubricants is of the utmost importance,” says Jason Bendon, Chief Commercial Officer of Des-Case, a Chevron Keep Clean Preferred vendor. “For more than 30 years, Des-Case products have extended the life of industrial lubricants by preventing, detecting, and removing lubricant moisture and contaminants, and we are incredibly proud to partner with Chevron as a resource for their customers.”

A quality lubrication program requires a proactive, holistic approach ranging from how lubricants are purchased, stored, and handled throughout a facility. By starting clean with Chevron ISOCLEAN® Certified Lubricants, monitoring with the LubeWatch® Fluid Analysis Program, and staying clean with the Keep Clean Preferred Vendor Program, organizations can increase uptime and extend component life.

“Fluid sampling is a vital component to any operation, providing managers with the monitoring and knowledge necessary to keep assets up and running longer,” says Bernie Hall, General Manager of Chevron Keep Clean Preferred vendor, Checkfluid. “As Chevron’s ISOCLEAN preferred vendor for fluid sampling products, we at Checkfluid look forward to bringing our more than 20 years of experience to elevate Chevron customers’ lubrication programs to make sampling easier, more reliable, and most cost-effective.”

As the Keep Clean Preferred Vendor Program grows and develops, Chevron plans to expand the program to additional services and service providers.

To learn more about the importance of clean lubricants, visit ChevronLubricants.com/ISOCLEAN, call 1-866-354-4476 to access information and resources, or find your local Chevron representative at ChevronLubricants.com/Marketer.

About Chevron Products Company

Chevron Products Company is a division of an indirect, wholly owned subsidiary of Chevron Corporation (NYSE: CVX) headquartered in San Ramon, CA. A full line of lubrication and coolant products are marketed through this organization. Select brands include Havoline^®, Delo^® and Havoline Xpress Lube^®. Chevron Intellectual Property LLC owns patented technology in advanced lubricants products, new generation base oil technology and coolants.

©2022 Chevron. All rights reserved. All trademarks are property of Chevron Intellectual Property LLC or their respective owners.

Joe Schloner -- This email address is being protected from spambots. You need JavaScript enabled to view it.