RICHMOND, Va.--(BUSINESS WIRE)--Afton Chemical Corporation, a global leader in petroleum additives, announced the recent completion of a $70 MM USD investment in its Sauget, IL Plant’s Automatic Transmission Fluid (ATF) additive production facility.

The investment will help support the growing needs of oil marketers and Original Equipment Manufacturers (OEMs) for next-generation developments in electric vehicle (EV) fluids, including hybrid and battery electric vehicles (HEV, BEV). The improvements will also provide additional capability and capacity to meet continuing quality standards such as IATF 16949.

“We are committed to maintaining best-in-class manufacturing capabilities to better manage and respond to the needs of oil marketers and OEMs in the rapidly evolving EV market,” said Ryan Pannell, VP of Manufacturing. “The investments improve the overall efficiency of our manufacturing footprint to ensure supply continuity for our customers.” With the support of its parent company NewMarket Corporation, Afton has invested over half a billion USD since 2016 in capability and capacity around the world.

“We are proud of the Sauget team’s ability to safely complete this complex project during the past two years. The capability and capacity added to the facility have us well-positioned to meet our customer’s increasing needs,” commented Kevin Steding, Sauget Plant Manager.

Afton Chemical is a global leader in automatic transmission fluid (ATF) additives, resulting from many years of research and development with the world’s major OEMs. Afton leads the way in transmission additives for traditional step-type automatics and newer technologies, such as dual-clutch transmissions (DCT) and continuously variable transmissions (CVT) – and continues the leadership in electric transmissions.

“The rapid pace of change in HEV and BEV development brings additional lubricant demands and opportunities for enhanced performance, neither of which should be overlooked,” said Adam Banks, eMobility Marketing Manager. “Close supplier partnerships are vital to ensure that electrified transmission fluid (ETF) enables OEMs to keep driving powertrain designs forward without being held back. In addition, we continue to invest in new capabilities at our technology centers in the US, UK, China, and Japan for the unique testing and development capabilities necessary for EV product development and technology understanding. Our commitment to electrification and its role in delivering carbon improvement is part of Afton’s multi-faceted plan to make the world a better place.”

Afton’s Sauget, IL Plant has produced additives for the lubricant markets since 1975. The facility is an OSHA VPP Star site and is RC-14001:2008, ISO 14001:2004 by DNV Certification, Inc., and ISO 9001 certified.

About Afton Chemical Corporation:

Afton Chemical Corporation is part of the NewMarket Corporation (NYSE: NEU) family of companies. Afton Chemical Corporation uses its formulation, engineering and marketing expertise to help their customers develop and market fuels and lubricants that reduce emissions, improve fuel economy, extend equipment life, improve operator satisfaction and lower the total cost of vehicle and equipment operation. Afton Chemical Corporation develops and sells an extensive line of unique additives for gasoline and distillate fuels, driveline fluids, engine oils and industrial lubricants. Afton Chemical Corporation supports global operations through regional headquarters located in Asia Pacific, EMEAI, Latin America and North America. Afton Chemical Corporation is headquartered in Richmond, Virginia. For more information, visit www.aftonchemical.com.

Cautionary Note Regarding Forward-Looking Statements:

Some of the information contained in this press release constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements regarding the benefits of the company’s manufacturing expansion and statements about the company’s long-term global growth plans. Although NewMarket’s management believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from expectations.

Factors that could cause actual results to differ materially from expectations include, but are not limited to, the availability of raw materials and distribution systems; disruptions at production facilities, including single-sourced facilities; hazards common to chemical businesses; the ability to respond effectively to technological changes in our industry; failure to protect our intellectual property rights; sudden or sharp raw material price increases; competition from other manufacturers; current and future governmental regulations; the gain or loss of significant customers; failure to attract and retain a highly-qualified workforce; an information technology system failure or security breach; the occurrence or threat of extraordinary events, including natural disasters; terrorist attacks and health-related epidemics such as the COVID-19 pandemic; risks related to operating outside of the United States; political, economic, and regulatory factors concerning our products; our inability to realize expected benefits from investment in our infrastructure or from recent or future acquisitions, or our inability to successfully integrate recent or future acquisitions into our business; and other factors detailed from time to time in the reports that NewMarket files with the Securities and Exchange Commission, including the risk factors in Item 1A. “Risk Factors” of our 2021 Annual Report on Form 10-K, which is available to shareholders upon request.

You should keep in mind that any forward-looking statement made by NewMarket in the foregoing discussion speaks only as of the date on which such forward-looking statement is made. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the company. We have no duty to, and do not intend to, update or revise the forward-looking statements in this discussion after the date hereof, except as may be required by law. In light of these risks and uncertainties, you should keep in mind that the events described in any forward-looking statement made in this discussion, or elsewhere, might not occur.

Americas: Lauren Packard on +1 804 788 6081 or This email address is being protected from spambots. You need JavaScript enabled to view it.

HOUSTON--(BUSINESS WIRE)--Mesa Royalty Trust (the “Trust”) (NYSE: MTR) announced today the Trust income distribution for the month of July 2022. Unitholders of record on July 29, 2022 will receive distributions amounting to $0.095514038 per unit, payable on October 31, 2022. The Trust received $221,927, all of which came from the New Mexico portion of the Trust’s San Juan Basin properties operated by Hilcorp San Juan LP, an affiliate of Hilcorp Energy Company. No income was received in July 2022 from any other working interest owner. This month, after the Trust’s withholding for cash reserves and the payment of administrative expenses, income from the distributable net profits was $177,999.

The Trust was formed to own an overriding royalty interest of the net proceeds attributable to certain producing oil and gas properties located in the Hugoton field of Kansas and the San Juan Basin fields of New Mexico and Colorado. As described in the Trust's public filings, the amount of the monthly distributions is expected to fluctuate from month to month, depending on the proceeds, if any, received by the Trust as a result of production, oil and natural gas prices and the amount of the Trust’s administrative expenses, among other factors. In addition, as further described in the Trust’s most recent filing on Form 10-Q, distributions to unitholders are expected to be materially reduced during 2022, as the Trust intends to increase cash reserves to a total of $2.0 million to provide added liquidity.

Proceeds reported by the working interest owners for any month are not generally representative of net proceeds that will be received by the Trust in future periods. As further described in the Trust’s Form 10-K and Form 10-Q filings, production and development costs for the royalty interest have resulted in substantial accumulated excess production costs, which will decrease Trust distributions, and in some periods may result in no Trust distributions. The amount of proceeds, if any, received or expected to be received by the Trust (and its ability to pay distributions to unitholders) has been and will continue to be directly affected, among other things, by volatility in the industry and revenues and expenses reported to the Trust by working interest owners. Any additional expenses and adjustments, among other things, will reduce proceeds to the Trust, which will reduce the amount of cash available for distribution to unitholders and in certain periods could result in no distributions to unitholders.

This press release contains forward-looking statements. No assurances can be given that the expectations contained in this press release will prove to be correct. The working interest owners alone control historical operating data, and handle receipt and payment of funds relating to the royalty properties and payments to the Trust for the related royalty. The Trustee cannot assure that errors or adjustments or expenses accrued by the working interest owners, whether historical or future, will not affect future royalty income and distributions by the Trust. Other important factors that could cause these statements to differ materially include delays in actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, declines in commodity pricing, prices received by working interest owners and other risks described in the Trust’s Form 10-K for the year ended December 31, 2021. Statements made in this press release are qualified by the cautionary statements made in such risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release. Each unitholder should consult its own tax advisor with respect to its particular circumstances.

Mesa Royalty Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina Rodgers
713-483-6020

http://mtr.q4web.com/home/default.aspx

ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, today announced that shareholders overwhelmingly approved all presented proposals at its 2022 Annual Shareholder Meeting in Boston, Massachusetts. With overwhelming participation, approximately 98.5% of the shares present by proxy or in person, the vote indicates strong shareholder support for AVANGRID’s strategic direction and governance system.

The Chairman of AVANGRID’s Board of Directors, Ignacio Galán, addressed shareholders of the company at the annual meeting. During his speech, he reaffirmed the company's investment commitment to accelerating the energy transition: “AVANGRID is investing in renewables and electricity networks to support the clean energy transition and drive economic growth and job creation. We are bringing safe, reliable and affordable energy to our customers, while creating the clean energy solutions we all need for tomorrow through projects like Vineyard Wind 1, the nation’s very first commercial-scale offshore wind farm.”

Relevant Messages to Shareholders

• Record Investments: $3.3 billion invested in Networks and Renewables in 2021, an increase of approximately 20% over the previous year.
• Commitment to Customers: The company expanded its Networks rate base by 9% in 2021 to approximately $12 billion.
• Financial Results: Net Income rose 22% year-over-year in 2021. Additionally, Networks and Renewables each saw double digit growth in their earnings.
• Clean Energy Leader: The company’s 8.3 GW renewables fleet now produces enough emissions-free electricity to power approximately 2 million homes.
• Pioneer of Offshore Wind: Avangrid Renewables began construction on Vineyard Wind 1 and was awarded the largest offshore wind project in New England, Commonwealth Wind.
• Committed to corporate citizenship and to ESG leadership: The company’s total giving in 2021 amounted to $4.4 million. AVANGRID has been recognized by JUST Capital as one of America’s Most Just Companies for two consecutive years and is included in S&P’s Global Clean Energy Index.

At the annual meeting, the AVANGRID shareholders voted to elect each of the 14 nominees to the Board of Directors to serve one-year terms expiring at the Company’s 2023 annual meeting. The 14 members elected to AVANGRID’s Board of Directors include two new members:

• María Fátima Báñez García, Business Consultant and Advisor
• Camille Joseph Varlack, Founding Partner and Chief Operating Officer of Bradford Edwards & Varlack, LLP

The addition of these two individuals increases the percentage of directors on the Board who identify as woman or members of a minority group to approximately 30%. The addition of Báñez and Varlack also increases the number of independent board members to approximately 57%.

Mr. Galán commented, “I’m pleased to welcome Fátima and Camille to the AVANGRID Board. Their expertise in key areas, such as public policy, risk management and government relations, will drive growth and build long-term shareholder value for AVANGRID. I’m confident they will provide valuable perspectives as we continue to execute our strategy and build a clean energy future for our customers and communities.”

Additionally at the meeting, the AVANGRID shareholders voted to approve the following items proposed by the Board, with at least 98.6% of the votes cast in favor of each proposal:

• The ratification of the appointment of KPMG US, LLP as AVANGRID’s independent registered public accounting firm for 2022.
• Advisory approval of the compensation of AVANGRID’s named executive officers as described in the 2022 proxy statement.
• Advisory approval of one-year as the frequency of say on pay votes preferred by shareholders.

AVANGRID CEO Pedro Azagra added, “Over the last year, AVANGRID has taken bold steps to further our clean energy leadership and to accelerate transformation to a cleaner tomorrow. As a pioneer in offshore wind, smart grids, and other innovative technologies, like green hydrogen, we’re proud to be a central part of history in the making and are pleased to have our shareholders’ support as we continue to execute on our strategy.”

The final voting results will be available on a current report on Form 8-K that will be filed with the Securities and Exchange Commission and posted on AVANGRID’s website, www.avangrid.com. Click here to watch a recording of the shareholder meeting.

About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $40 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables. Avangrid Networks owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Avangrid Renewables owns and operates a portfolio of renewable energy generation facilities across the United States. AVANGRID employs more than 7,000 people and has been recognized by JUST Capital in 2021 and 2022 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2022, AVANGRID ranked second within the utility sector for its commitment to the environment and the communities it serves. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2022 for the fourth consecutive year by the Ethisphere Institute. Iberdrola S.A., a worldwide leader in the energy industry, directly owns 81.6% of the outstanding shares of AVANGRID common stock. For more information, visit www.avangrid.com.

About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.

With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.

Forward Looking Statements

Certain statements in this release may relate to our future business and financial performance and future events or developments involving us and our subsidiaries that are not purely historical and may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of forward-looking terms such as “may,” “will,” “should,” “would,” “could,” “can,” “expect(s),” “believe(s),” “anticipate(s),” “intend(s),” “plan(s),” “estimate(s),” “project(s),” “assume(s),” “guide(s),” “target(s),” “forecast(s),” “are (is) confident that” and “seek(s)” or the negative of such terms or other variations on such terms or comparable terminology. Such forward-looking statements include, but are not limited to, statements about our plans, objectives and intentions, outlooks or expectations for earnings, revenues, expenses or other future financial or business performance, strategies or expectations, or the impact of legal or regulatory matters on business, results of operations or financial condition of the business and other statements that are not historical facts. Such statements are based upon the current reasonable beliefs, expectations, and assumptions of our management and are subject to significant risks and uncertainties that could cause actual outcomes and results to differ materially. Important factors are discussed and should be reviewed in our Form 10-K and other subsequent filings with the SEC. Specifically, forward-looking statements include, without limitation: the future financial performance, anticipated liquidity and capital expenditures; actions or inactions of local, state or federal regulatory agencies; the ability to recruit and retain a highly qualified and diverse workforce in the competitive labor market; changes in amount, timing or ability to complete capital projects; adverse developments in general market, business, economic, labor, regulatory and political conditions including, without limitation, the impacts of inflation, deflation, supply-chain interruptions and changing prices and labor costs; including the Department of Commerce's anticircumvention petition that could adversely impact renewable solar energy projects; the impacts of climate change, fluctuations in weather patterns and extreme weather events; technological developments; the impact of extraordinary external events, such as any cyber breaches or other incidents, grid disturbances, acts of war or terrorism, civil or social unrest, natural disasters, pandemic health events or other similar occurrences, including the ongoing geopolitical conflict with Russia and Ukraine; the impact of any change to applicable laws and regulations, including those subject to referendums and legal challenges affecting the ownership and operations of electric and gas utilities and renewable energy generation facilities, respectively, including, without limitation, those relating to the environment and climate change, taxes, price controls, regulatory approval and permitting; our ability to close the proposed Merger, the anticipated timing and terms of the proposed Merger, our ability to realize the anticipated benefits of the proposed Merger and our ability to manage the risks of the proposed Merger; the COVID-19 pandemic, its impact on business and economic conditions, including but not limited to impacts from consumer payment behavior and supply chain delays, and the pace of recovery from the pandemic; the implementation of changes in accounting standards; adverse publicity or other reputational harm; and other presently unknown unforeseen factors.

Should one or more of these risks or uncertainties materialize, or should any of the underlying assumptions prove incorrect, actual results may vary in material respects from those expressed or implied by these forward-looking statements. You should not place undue reliance on these forward-looking statements. We do not undertake any obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this report, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. Other risk factors are detailed from time to time in our reports filed with the SEC, and we encourage you to consult such disclosures.

MEDIA :
Sarah Warren
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585-794-9253

THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (the "Company") will release its second quarter 2022 results on Wednesday, August 10, 2022, following the close of U.S. financial markets. The earnings release and presentation for the second quarter 2022 results will be available on the investor page of the Company’s website at www.excelerateenergy.com.

On Thursday, August 11, 2022, the Company’s management team will host a conference call for analysts and investors at 8:30 a.m. Eastern Time (7:30 a.m. Central Time). The call will also be webcast live at www.excelerateenergy.com. An archived replay of the call and a copy of the presentation will be on the website following the call.

About Excelerate Energy:

Excelerate Energy, Inc. is a U.S.-based LNG company located in The Woodlands, Texas. Founded in 2003 by George B. Kaiser, Excelerate is changing the way the world accesses cleaner forms of energy by providing integrated services along the LNG value chain with an objective of delivering rapid-to-market and reliable LNG solutions to customers. Excelerate offers a full range of flexible regasification services from FSRU to infrastructure development to LNG supply. Excelerate has offices in Abu Dhabi, Antwerp, Boston, Buenos Aires, Chattogram, Dhaka, Doha, Dubai, Ho Chi Minh City, Manila, Rio de Janeiro, Singapore, and Washington, DC. For more information, please visit www.excelerateenergy.com.

Investors
Craig Hicks
Excelerate Energy
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Media
Stephen Pettibone / Frances Jeter
Sard Verbinnen & Co
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or
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SAN JOSE, Calif.--(BUSINESS WIRE)--$BE #earnings--Bloom Energy (NYSE: BE) today announced it will release its second quarter 2022 financial results on August 9, 2022 after market close. Bloom Energy’s management will host a conference call at 2:00 p.m. Pacific Time (PT) / 5:00 p.m. Eastern Time (ET) on the same day to discuss these results.

Q2 2022 Conference Call and Webcast
Date: August 9, 2022
Time: 2 p.m. PT/ 5 p.m. ET
Duration: 60 minutes
Live Dial in: Domestic (844) 200-6205 | International +1 (929) 526-1599
Participant Passcode: 346737
Live webcast: https://investor.bloomenergy.com/

A telephonic replay of the conference call will be accessible for one week following the call at:
Dial in: Domestic (866) 813-9403 | International + 44 204-525-0658
Passcode: 050636

The Investors section of the Bloom Energy website will also host a replay for one year following the webcast at https://investor.bloomenergy.com/.

About Bloom Energy

Bloom Energy empowers businesses and communities to responsibly take charge of their energy. The company’s leading solid oxide platform for distributed generation of electricity and hydrogen is changing the future of energy. Fortune 100 companies around the world turn to Bloom Energy as a trusted partner to deliver lower carbon energy today and a net-zero future. For more information, visit www.bloomenergy.com.

Investor Relations:
Ed Vallejo
+1 (267) 370-9717
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Media Relations:
Jennifer Duffourg
+1 (480) 341-5464
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BOCA RATON, Fla.--(BUSINESS WIRE)--East Resources Acquisition Company (NASDAQ: ERES) (the “Company”) today announced that it has entered into a non-binding letter of intent (“LOI”) for a business combination with a vertically integrated alternative asset manager specializing in specialty insurance products, with a focus on origination, asset management, valuation and servicing (the “Target”).

The Target has an experienced management team that has built the business into a market sector leader and demonstrated an ability to drive growth and continuously scale the business. The Company expects that it can offer the Target its resources, its experience and its network of relationships to support the Target’s growth and access to more attractive financing terms through access to public markets, making this an attractive potential business combination for the Company’s stockholders. Under the terms of the LOI, the Company and Target would become a combined entity, with the Target’s existing equityholders rolling over 100% of their equity into the combined public company.

The Company expects to announce additional details regarding the proposed business combination when a definitive agreement is executed, which is expected later in the third quarter of 2022.

No assurances can be made that the parties will successfully negotiate and enter into a definitive agreement, or that the proposed transaction will be consummated on the terms or timeframe currently contemplated, or at all. Any transaction would be subject to board and equityholder approval of both companies, regulatory approvals and other customary conditions. The Company is holding a special meeting of its stockholders on July 25, 2022 to extend the date by which the Company must consummate a business combination from July 27, 2022 to January 27, 2023, and the proposed transaction would be subject to approval of such proposal by the Company’s stockholders.

ABOUT EAST RESOURCES ACQUISITION COMPANY

East Resources Acquisition Company, led by Terrence (Terry) M. Pegula, is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in North America.

IMPORTANT INFORMATION AND WHERE TO FIND IT

The Company has mailed to its stockholders of record as of June 27, 2022 a definitive proxy statement (the “Extension Proxy Statement”) for a special meeting of stockholders to be held on July 25, 2022 to extend the date by which the Company must consummate a business combination from July 27, 2022 to January 27, 2023 (the “Extension Amendment Proposal”). Stockholders may obtain a copy of the Extension Proxy Statement, without charge, by directing a request to: East Resources Acquisition Company, 7777 NW Beacon Square Boulevard, Boca Raton, Florida 33487. The Extension Proxy Statement can also be obtained, without charge, at the U.S. Securities and Exchange Commission’s (the “SEC”) website, www.sec.gov.

If a legally binding definitive agreement with respect to the proposed business combination is executed, the Company intends to file a preliminary proxy statement (a “Deal Proxy Statement”) with the SEC. A definitive Deal Proxy Statement will be mailed to stockholders of the Company as of a record date to be established for voting on the proposed transaction. Stockholders will also be able to obtain a copy of the Deal Proxy Statement, without charge, by directing a request to: East Resources Acquisition Company, 7777 NW Beacon Square Boulevard, Boca Raton, Florida 33487. The preliminary and definitive Deal Proxy Statements, once available, can also be obtained, without charge, at the SEC’s website, www.sec.gov.

The Company urges investors, stockholders and other interested persons to read the Extension Proxy Statement and, when available, the preliminary Deal Proxy Statement as well as other documents filed with the SEC because these documents do and will contain important information about the Company, the Extension Amendment Proposal, the Target and the proposed transaction.

PARTICIPANTS IN THE SOLICITATION

The Company and its directors and executive officers may be considered participants in the solicitation of proxies with respect to the Extension Amendment Proposal and the potential transaction described herein under the rules of the SEC. Information about the directors and executive officers of the Company is set forth in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2021, which was filed with the SEC on June 22, 2022. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the stockholders in connection with the potential transaction will be set forth in the Deal Proxy Statement when it is filed with the SEC. These documents can be obtained free of charge from the sources indicated above.

NO OFFER OR SOLICITATION

This press release shall not constitute a solicitation of a proxy, consent, or authorization with respect to any securities or in respect of the proposed business combination. This press release shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 10-K filed with the SEC and available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Investor Contact: Kelly Seward
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OKLAHOMA CITY--(BUSINESS WIRE)--Gulfport Energy Corporation (NYSE: GPOR) announced today that it will host a teleconference and webcast to discuss its second quarter 2022 results beginning at 9:00 a.m. ET (8:00 a.m. CT) on Wednesday, August 3, 2022. Gulfport plans to issue a news release containing its second quarter 2022 financial and operational results on Tuesday, August 2, 2022, after market close.

The conference call can be heard live through a link on the Gulfport website, www.gulfportenergy.com. In addition, you may participate in the conference call by dialing 866-682-6100 domestically or 404-267-0373 internationally. A replay of the conference call will be available on the Gulfport website and a telephone audio replay will be available from August 4, 2022 to August 18, 2022, by calling 877-660-6853 domestically or 201-612-7415 internationally and then entering the replay passcode 13731632.

About Gulfport

Gulfport is an independent natural gas-weighted exploration and production company focused on the exploration, acquisition and production of natural gas, crude oil and NGL in the United States with primary focus in the Appalachia and Anadarko basins. Our principal properties are located in Eastern Ohio targeting the Utica formation and in central Oklahoma targeting the SCOOP Woodford and SCOOP Springer formations.

Investor Contact
Jessica Antle – Director, Investor Relations
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405-252-4550

Media Contact
Reevemark
Hugh Burns / Paul Caminiti / Nicholas Leasure
212-433-4600

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its second quarter 2022 earnings conference call for Friday, July 29, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the second quarter 2022, which will be released before the market opens on Friday, July 29, 2022.

By Phone:

Dial 877-423-9813 inside the U.S. or 201-689-8573 internationally and ask for the Civeo call or provide the conference ID: 13731837# at least 10 minutes prior to the start time.

A replay will be available through August 5th by dialing 844-512-2921 inside the U.S. or 412-317-6671 internationally and using the conference ID 13731837#.

By Webcast:

Connect to the webcast via the Events and Presentations page of Civeo's Investor Relations website at www.civeo.com.

Please log in at least 10 minutes in advance to register and download any necessary software.

A webcast replay will be available after the call.

ABOUT CIVEO

Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently owns and operates a total of 27 lodges and villages in Canada, Australia and the U.S., with an aggregate of over 28,000 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo's website at www.civeo.com.

Regan Nielsen
Civeo Corporation
Senior Director, Corporate Development & Investor Relations
713-510-2400

• Second Quarter 2022 Revenue: $3.84 billion; up 32%
• Second Quarter 2022 Operating Income: $353.1 million; up 46%
• Second Quarter 2022 EPS: $2.42 vs. $1.61; up 50%

LOWELL, Ark.--(BUSINESS WIRE)--J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT) announced second quarter 2022 U.S. GAAP (United States Generally Accepted Accounting Principles) net earnings of $255.3 million, or diluted earnings per share of $2.42 versus second quarter 2021 net earnings of $172.2 million, or $1.61 per diluted share.

Total operating revenue for the current quarter was $3.84 billion, compared with $2.91 billion for the second quarter 2021, an increase of 32%. All segments contributed to the year-over-year growth in consolidated revenue. Intermodal (JBI) revenue grew 42% driven by an 8% increase in volume and a 32% increase in revenue per load. Dedicated Contract Services^® (DCS^®) revenue grew 39% as a result of a 21% increase in average revenue producing trucks and a 14% improvement in fleet productivity versus the prior-year period. Despite a softer spot-rate environment, our asset-light Truckload (JBT) segment and our non-asset Integrated Capacity Solutions™ (ICS) segment grew revenue 46% and 3% year-over-year, respectively, as the blending of our drop-trailer and live network service offering eliminates waste and drives efficiencies for our customers by leveraging the capabilities of our J.B. Hunt 360°^® platform. Final Mile Services^® (FMS) revenue increased 21%, primarily driven by our recent acquisition. Current quarter total operating revenue, excluding fuel surcharge revenue, increased 21% versus the comparable quarter 2021.

Total freight transactions in the Marketplace for J.B. Hunt 360 increased 11% to $556 million in the second quarter 2022 compared to $500 million in the prior-year quarter. JBT and JBI executed approximately $113 million and $51 million of their third-party dray, independent contractor and power-only capacity costs through the platform during the quarter, an increase of 60% and 54% year-over-year respectively. ICS revenue on the platform decreased 1% to $392 million versus the year ago period.

Operating income for the current quarter totaled $353.1 million versus $241.5 million for the second quarter 2021. Operating income increased from second quarter 2021 primarily due to higher volumes, customer rate, cost-recovery efforts, and further scaling into our people and technology investments. These items were partially offset by increases in: professional driver and non-driver wages and benefits, rail and truck purchased transportation expense, costs associated with inefficiencies in container utilization in JBI, hiring and recruiting expense, and implementation costs for newly awarded business in both DCS and FMS segments. The company also incurred a net $18.4 million pre-tax expense consisting of an increase in casualty claim expenses, offset by a workers’ compensation insurance benefit.

Net interest expense for the current quarter increased from second quarter 2021 due to higher interest rates compared to the same period last year.

The effective income tax rate in the current quarter was 25.0% and in line with the second quarter 2021. We now expect our 2022 annual tax rate to be between 23.5% and 24.5%.

Segment Information:

Intermodal (JBI)

• Second Quarter 2022 Segment Revenue: $1.83 billion; up 42%
• Second Quarter 2022 Operating Income: $202.5 million; up 50%

Intermodal volumes increased 8% over the same period in 2021. Eastern network loads increased 13%, while transcontinental loads increased 5%. Demand for intermodal capacity remained strong throughout the quarter, however rail velocity and customer behavior negatively impacted network efficiencies and container utilization, and ultimately, our ability to execute even greater volume in the quarter. Despite the network inefficiencies, segment gross revenue increased 42% from the prior-year period, reflecting the 8% increase in volume and a 32% increase in gross revenue per load, resulting from changes in the mix of freight, customer rates, and fuel surcharge revenues. Revenue per load excluding fuel surcharge revenue was up 20% year-over-year.

Operating income increased 50% in the second quarter from an increase in volume, combined with customer rate and cost-recovery efforts. These items were partially offset by increases in rail and third-party dray purchased transportation costs, professional driver and non-driver wages and benefits, professional driver recruiting expense, and costs stemming from inefficiencies in the rail and port networks, as well as customer detention of equipment. The JBI segment incurred approximately $7.7 million of the net pre-tax insurance-related expense in the quarter. During the period, we successfully onboarded 1,325 new pieces of trailing equipment. We ended the quarter with approximately 110,600 containers and 6,620 power units in the dray fleet.

Dedicated Contract Services (DCS)

• Second Quarter 2022 Segment Revenue: $863 million; up 39%
• Second Quarter 2022 Operating Income: $89.2 million; up 13%

DCS revenue increased 39% during the current quarter over the same period 2021. Productivity (revenue per truck per week) increased approximately 14% versus the prior period. Productivity excluding fuel surcharge revenue increased 5% from a year ago driven by increases in contracted indexed-based price escalators, partially offset by lower productivity of equipment on start-up accounts. A net additional 2,122 revenue producing trucks were in the fleet by the end of the quarter compared to the prior-year period, and a net additional 456 versus the end of the first quarter 2022. Customer retention rates remain above 98%.

Operating income increased 13% from the prior-year quarter. Benefits from higher revenue were mostly offset by increases in professional driver and non-driver wages and benefits, higher driver-recruiting costs, other costs related to the implementation of new, long-term contractual business, and higher bad debt and group medical expense. The DCS segment incurred approximately $1.6 million of the net pre-tax insurance-related expense in the quarter.

Integrated Capacity Solutions (ICS)

• Second Quarter 2022 Segment Revenue: $623 million; up 3%
• Second Quarter 2022 Operating Income: $23.6 million; up 658%

ICS revenue increased 3% in the current quarter over the same period 2021. Overall segment volumes decreased 3% versus the prior-year period, which was consistent with truckload volume performance. Revenue per load increased 5% compared to the second quarter 2021 due to higher contractual rates in our truckload business as well as changes in customer freight mix, partially offset by lower revenue per load in our transactional or spot business. Contractual volumes represented approximately 54% of the total load volume and 48% of the total revenue in the current quarter compared to 48% and 35%, respectively, in second quarter 2021. Of the total reported ICS revenue, approximately $392 million was executed through the Marketplace for J.B. Hunt 360 compared to $396 million in second quarter 2021.

Operating income increased 658% to $23.6 million compared to $3.1 million in the second quarter 2021. Benefits from higher revenue and gross profit margin were partially offset by higher personnel cost, increased insurance and claims expense and higher technology costs as compared to the same period 2021. The ICS segment incurred approximately $6.7 million of the net pre-tax insurance-related expense in the quarter. Gross profit margins increased to 16.2% in the current period versus 10.5% in the prior period. ICS carrier base increased 33% year over year.

Truckload (JBT)

• Second Quarter 2022 Segment Revenue: $269 million; up 46%
• Second Quarter 2022 Operating Income: $25.0 million; up 76%

JBT revenue increased 46% as compared to the same period in the previous year. Revenue excluding fuel surcharge revenue increased 37% primarily due to increased load volume and higher revenue per load excluding fuel surcharge revenue. Volume for JBT was up 14% year-over-year as total trailer count increased by approximately 3,800 units, or 46% versus the prior-year period. Trailer turns in the quarter were down 18% from the prior period due to the onboarding of new trailers and freight mix. Revenue per load excluding fuel surcharge revenue was up 20% on a 1% increase in length of haul. Both mix and same-store rate increases contributed to the increase in revenue quality.

JBT operating income increased 76% to $25.0 million versus $14.2 million in the second quarter 2021. JBT continues to leverage the J.B. Hunt 360 platform to grow power capacity and capability for the J.B. Hunt 360box® service offering. Benefits from higher volume and revenue quality led to an improvement in contribution margins across the segment. These benefits were partially offset by higher purchased transportation expense, trailer parts and maintenance costs, personnel costs, insurance and claims expense and continued technology investments to build out 360box. The JBT segment incurred approximately $2.0 million of the net pre-tax insurance-related expense in the quarter.

Final Mile Services (FMS)

• Second Quarter 2022 Segment Revenue: $257 million; up 21%
• Second Quarter 2022 Operating Income: $12.8 million; up 20%

FMS revenue increased 21% compared to the same period 2021 driven by the previously announced acquisition of Zenith Freight Lines, LLC (Zenith) that closed at the end of February, in addition to multiple customer contracts implemented over the last year. Revenue growth in the quarter was partially offset by internal efforts to improve revenue quality of the business. FMS revenue increased 8% over the prior-year period excluding the Zenith acquisition, which contributed approximately $28 million to segment revenue in the quarter.

Operating income increased 20% from second quarter 2021 which included the prior-year benefit of $3.2 million from a net settlement of claims. The increase in operating income was primarily driven by an improvement in revenue quality partially offset by increases in professional driver and non-driver wages and benefits, insurance and claims expense, higher technology costs, driver-recruiting expense and implementation costs for newly awarded business. The FMS segment incurred approximately $0.4 million of the net pre-tax insurance-related expense in the quarter.

Cash Flow and Capitalization:

At June 30, 2022, we had approximately $1.3 billion outstanding on various debt instruments which is comparable to levels at June 30, 2021 and at December 31, 2021.

Our net capital expenditures for the six months ended June 30, 2022 approximated $598 million compared to $261 million for the same period 2021. At June 30, 2022, we had cash and cash equivalents of approximately $124 million.

In the second quarter 2022, we purchased approximately 979,000 shares of common stock for approximately $164 million. At June 30, 2022, we had approximately $112 million remaining under our share repurchase authorization. Actual shares outstanding at June 30, 2022 approximated 103.8 million.

Conference Call Information:

The Company will hold a conference call today from 4:00–5:00 pm CDT to discuss the quarterly earnings. Investors will have the opportunity to listen to the conference call live over the internet by going to investor.jbhunt.com. Please log on 15 minutes early to register, download and install any necessary audio software. For those who cannot listen to the live broadcast, an online replay of the earnings call webcast will be available a few hours after the completion of the call.

Forward-Looking Statements:

This press release may contain forward-looking statements, which are based on information currently available. Actual results may differ materially from those currently anticipated due to a number of factors, including, but not limited to, those discussed in Item 1A of our Annual Report filed on Form 10-K for the year ended December 31, 2021. We assume no obligation to update any forward-looking statement to the extent we become aware that it will not be achieved for any reason. This press release and additional information will be available to interested parties on our website, www.jbhunt.com.

About J.B. Hunt

J.B. Hunt Transport Services, Inc., an S&P 500 company, provides innovative supply chain solutions for a variety of customers throughout North America. Utilizing an integrated, multimodal approach, the company applies technology driven methods to create the best solution for each customer, adding efficiency, flexibility, and value to their operations. J.B. Hunt services include intermodal, dedicated, refrigerated, truckload, less-than-truckload, flatbed, single source, final mile, and more. J.B. Hunt Transport Services, Inc. stock trades on NASDAQ under the ticker symbol JBHT and is a component of the Dow Jones Transportation Average. J.B. Hunt Transport, Inc. is a wholly owned subsidiary of JBHT. For more information, visit www.jbhunt.com.

Brad Delco
Senior Vice President – Finance
(479) 820-2723

MILPITAS, Calif.--(BUSINESS WIRE)--SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy technology, will report financial results for the second quarter ended June 30, 2022 after market close on Tuesday, August 2, 2022. Management will host a conference call at 4:30 P.M. ET on Tuesday, August 2, 2022 to discuss these results.

The call will be available, live, to interested parties by dialing:

A live webcast will be available in the Investor Relations section of SolarEdge’s website at: Event Calendar | SolarEdge Technologies, Inc.

A replay of the webcast will be available in the Investor Relations section of the company’s web site approximately two hours after the conclusion of the call and remain available for approximately 30 calendar days.

About SolarEdge

SolarEdge is a global leader in smart energy technology. By leveraging world-class engineering capabilities and with a relentless focus on innovation, SolarEdge creates smart energy solutions that power our lives and drive future progress. SolarEdge developed an intelligent inverter solution that changed the way power is harvested and managed in photovoltaic (PV) systems. The SolarEdge DC optimized inverter seeks to maximize power generation while lowering the cost of energy produced by the PV system. Continuing to advance smart energy, SolarEdge addresses a broad range of energy market segments through its PV, storage, EV charging, batteries, UPS, electric vehicle powertrains, and grid services solutions. Visit us at: solaredge.com.

Investor Contacts
SolarEdge Technologies, Inc.
Ronen Faier, Chief Financial Officer
+1 510-498-3263
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Sapphire Investor Relations, LLC
Erica Mannion and Michael Funari
+1 617-542-6180
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DENVER--(BUSINESS WIRE)--Civitas Resources, Inc. (NYSE: CIVI) (“Civitas” or the “Company”), today announced that it is scheduled to release its second quarter 2022 operating and financial results after market close on August 3, 2022. The Company will host a conference call to discuss these results the following morning, Thursday, August 4, at 8:00 a.m. Mountain Time (10:00 a.m. Eastern Time). A live webcast and replay of this event will be available on the Investor Relations section of the Company’s website at www.civiresources.com. Dial-in information for the conference call is included below.

Forward-looking Statements

This press release contains forward-looking statements within the meaning of the federal securities laws. For a description of factors that may cause Civitas’ actual results, performance or expectations to differ from any forward-looking statements, please review the information under the heading “Risk Factors” included in Item 1A of Civitas’ 2021 Annual Report on Form 10-K and other documents of Civitas’ on file with the Securities and Exchange Commission. Any forward-looking statements made in this press release are qualified by these cautionary statements, and there can be no assurance that the actual results or developments anticipated by Civitas will be realized or, even if substantially realized, that they will have the expected consequences to, or effects on, Civitas or its business or operations. Except as required by law, Civitas undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new information, future developments or otherwise. We caution you that actual outcomes and results may differ materially from what is expressed, implied or forecasted by Civitas’ forward-looking statements.

Investor Relations:
John Wren, This email address is being protected from spambots. You need JavaScript enabled to view it.

Media:
Brian Cain, This email address is being protected from spambots. You need JavaScript enabled to view it.

TOKYO--(BUSINESS WIRE)--Today, Ireland’s Prime Minister Micheál Martin will visit Japan to meet Prime Minister Fumio Kishida to renew collaboration agreements and further increase economic relationships between the two countries. Key among the discussions is likely to be challenges and opportunities in energy markets for island nations.

The energy market in Japan is becoming more dynamic and complex, but this is creating significant opportunities for businesses to support the grid and change how they power their operations. During his visit, Mr. Martin will meet with GridBeyond representative Shunsuke Amanai to discuss the global energy crisis and to share lessons learned on how island markets can best manage volatility in a high renewables’ future.

Japan’s energy system is changing due to rising levels of renewable power and ongoing electricity market reforms. The result is a growing need for flexible resources to help balance the intermittency of renewables and help match demand and supply. In addition, like many markets across the globe, Japan is experiencing extreme tightness of electricity supply and demand. As a result, the government has been requesting power conservation. While action on the demand side of the market is relatively new in the Japanese market, this is a mature and proven industry in Ireland and the UK with C&I businesses able to gain revenues and make significant cost savings, provided they have the right technology in place.

Using artificial intelligence and data science, GridBeyond’s solution enables businesses to participate in grid services and wholesale markets using their energy generation, storage and industrial load.

GridBeyond started activities in the Japanese market nearly a year ago. Last year, the company signed a Memorandum of Understanding with Chiyoda Corporation to roll out flexibility solutions for the Japanese electricity market and it is currently getting ready to open an office in the country later this year.

Michael Phelan, GridBeyond’s CEO commented:

“Japan has a strong sustainable focus and aims to become carbon neutral by 2050. As renewable energies, energy storage, decentralised solar PV and EV mobility become more present in the energy landscape, services as the Demand Side Response become critical to support business and the grid operators to balance supply and demand of power, increase resilience and enable further integration of renewables into the energy mix.”

Gabriella Di Salvo
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LOS ANGELES--(BUSINESS WIRE)--#EVs--Fisker Inc. (NYSE: FSR) ("Fisker") – passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – today announced that it will report its second quarter 2022 financial results after market close on Wednesday, August 3, 2022. The release will be followed by a conference call at 2 p.m. PT (5 p.m. ET). Speakers on the call will be Henrik Fisker, Chairman and Chief Executive Officer; Dr. Burkhard Huhnke, Chief Technology Officer; and Dr. Geeta Gupta-Fisker, Chief Operating Officer and Chief Financial Officer of Fisker Inc.

The conference call can be accessed via a live webcast accessible on the Events and Presentations page of Fisker’s Investor Relations website: https://investors.fiskerinc.com/. An archive of the webcast will be available shortly after the call and will remain on the website for 12 months thereafter.

In addition, Fisker will once again provide shareholders the ability to submit and upvote questions to management through a shareholder Q&A platform. To submit questions ahead of earnings, please visit the Say platform here; shareholders at brokers with Say can participate directly in their investing app or broker website. The Q&A platform will remain open until 24 hours before the earnings call and can also be accessed in the Events & Presentations section of Fisker’s IR website. Management intends to respond to a selection of questions during the Q&A portion of the call.

Fisker remains on target to start production and deliveries of the all-electric Fisker Ocean in November 2022.

About Fisker Inc.

California-based Fisker Inc. is revolutionizing the automotive industry by developing the most emotionally desirable and eco-friendly electric vehicles on Earth. Passionately driven by a vision of a clean future for all, the company is on a mission to become the No. 1 e-mobility service provider with the world's most sustainable vehicles. To learn more, visit www.FiskerInc.com – and enjoy exclusive content across Fisker's social media channels: Facebook, Instagram, Twitter, YouTube, and LinkedIn.

Download the revolutionary new Fisker mobile app from the App Store or Google Play store.

Forward-Looking Statements

This press release includes forward-looking statements, which are subject to the “safe harbor” provisions of the US Private Securities Litigation Reform Act of 1995. These statements may be identified by words such as “feel,” “believes,” expects,” “estimates,” “projects,” “intends,” “should,” “is to be,” or the negative of such terms, or other comparable terminology and include, among other things, statements regarding the timing of start of production and delivery of the Fisker Ocean, the Company’s strategy and other future events that involve risks and uncertainties. Such forward-looking statements are not guarantees of future performance and are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein due to many factors, including, but not limited to: Fisker’s limited operating history; Fisker’s ability to enter into additional manufacturing and other contracts with Magna, or other OEMs or tier-one suppliers in order to execute on its business plan; the risk that OEM and supply partners do not meet agreed upon timelines or experience capacity constraints; Fisker may experience significant delays in the design, manufacture, regulatory approval, launch and financing of its vehicles; Fisker’s ability to execute its business model, including market acceptance of its planned products and services; Fisker’s inability to retain key personnel and to hire additional personnel; competition in the electric vehicle market; Fisker’s inability to develop a sales distribution network; and the ability to protect its intellectual property rights; and those factors discussed in Fisker’s Annual Report on Form 10-K, under the heading “Risk Factors,” filed with the Securities and Exchange Commission (the “SEC”), as supplemented by Quarterly Reports on Form 10-Q, and other reports and documents Fisker files from time to time with the SEC. Any forward-looking statements speak only as of the date on which they are made, and Fisker undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.

Fisker Inc. Communications:
Matthew DeBord
Sr. Director, Communications Strategy & Storytelling
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Rebecca Lindland
Director, Communications
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Investor Relations:
Frank Boroch, VP of Investor Relations
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Itron Engage Provides Partners with Tools, Training and Support for Itron’s Solutions

LIBERTY LAKE, Wash.--(BUSINESS WIRE)--#Innovation--Itron, Inc. (NASDAQ: ITRI), which is innovating the way utilities and cities manage energy and water, announced the launch of the Itron Engage Sales Channel Partner Program to utilities and municipalities in the Asia Pacific (APAC) region. The global expansion of Itron Engage provides trusted, highly skilled partners with the tools, training and support for Itron’s solutions to support their customers and improve energy and water management.

Itron Engage is currently utilized by utilities and municipalities in North America and Europe, Middle East and Africa (EMEA). Developed to empower a diverse group of channel partners, Itron Engage provides an interconnected community to meet the demands of a transforming customer base. The program features a variety of increasing benefits, and rewards partners who exhibit both expertise across the entire portfolio and exceptional, consistent performance. Itron Engage also provides partners with access to Itron University, a robust online training program augmented with best-in-class support to ensure partners clearly understand the breadth and depth of the Itron portfolio.

Through the Itron Partner Center, which is now available in APAC, Itron Engage Sales Channel Partners can access tools, training, technology, and customer center applications, such as the product catalog and order details application. New partners can inquire about enrolling here. To learn more about the Itron Engage Sales Channel Partner Program, visit www.itron.com/engage.

Quotes

“We are thrilled to expand Itron Engage to the APAC region. Our industry-leading sales channel partner program provides the tools and trainings necessary to help partners in APAC prepare for pressing challenges across energy, water IIoT and smart communities and ensure customer success,” said Paul Nelsen, Itron’s vice president of sales for APAC.

“With the Itron Engage Sales Channel Partner Program in APAC and around the world, we are supporting our partners and enabling them to differentiate and grow their business by leveraging the strength of the Itron portfolio, brand and leadership position. Itron’s framework enables partners to better serve customers and meet the demands of a transforming industry in APAC,” said Junxiang Wang, Itron’s APAC channel partner leader.

“Our team at Nucleus3 is proud to be a part of the Itron partner community and we look forward to the new intelligence and possibilities that the Itron team can bring to the energy and water sector through the Itron Engage Sales Channel Partner Program,” said Louis Limnios, Nucleus3’s chief customer officer and director. “Using Itron’s rich Industrial IoT portfolio, we can deliver critical infrastructure projects to our joint customers more effectively and efficiently. And with Itron Engage, we can increase our industry expertise and collaborate to create a more resourceful world.”

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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HAMILTON, Bermuda--(BUSINESS WIRE)--July 19, 2022 -Triton International Limited (NYSE:TRTN) will host its second quarter 2022 earnings conference call on July 28, 2022 at 8:30 a.m. Eastern Time. The earnings announcement and presentation will be released by 7:00 a.m. that morning and will be available on www.trtn.com.

The conference call will be Webcast, and an archive of the Webcast will be available one hour after the live call. To access the live Webcast or archive, please visit the Company’s website at www.trtn.com. Please allow extra time prior to the call to visit the site and download any necessary software that may be needed to listen to the Webcast.

To listen by phone, please dial in approximately 15 minutes prior to the start time and reference the Triton International Limited conference call.

Live Teleconference Dial-In:
Domestic: 1-877-418-5277
International: 1-412-717-9592

Triton International Limited is the world’s largest lessor of intermodal freight containers. With a container fleet of over 7 million twenty-foot equivalent units ("TEU"), Triton’s global operations include acquisition, leasing, re-leasing and subsequent sale of multiple types of intermodal containers and chassis.

Triton International Limited
Andrew Greenberg, 914-697-2900
Senior Vice President
Business Development & Investor Relations

NEWBURY PARK, Calif.--(BUSINESS WIRE)--Kolibri Global Energy Inc. (the "Company" or "Kolibri") (TSX: KEI, OTCQB: KGEIF) is pleased to announce the results of the Annual General Meeting of shareholders of the Company held in Vancouver, British Columbia on July 19, 2022. All of the resolutions put forward at the meeting were approved.

The Company’s shareholders voted to fix the number of directors of the Company at five and elected the following five nominees to the board of directors. Each of the nominees will serve for a one-year term and hold office until the next annual meeting of shareholders, unless he or she sooner ceases to hold office. The following table sets forth the votes submitted by proxy with respect to the election of directors:

The shareholders re-appointed KPMG LLP, Chartered Accountants as the auditor of the Company.

Shareholders also approved the Company’s Restricted Share Unit Plan with 85.65% of the votes in favour.

Additional details will be provided in a Report of Voting Results to be filed on SEDAR.

About Kolibri Global Energy Inc.

Kolibri Global Energy Inc. is an international energy company focused on finding and exploiting energy projects in oil, gas, and clean and sustainable energy. Through various subsidiaries, the Company owns and operates energy properties in the United States. The Company continues to utilize its technical and operational expertise to identify and acquire additional projects. The Company's shares are traded on the Toronto Stock Exchange under the stock symbol KEI and on the OTCQB under the stock symbol KGEIF.

Wolf E. Regener +1 (805) 484-3613
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Website: www.kolibrienergy.com

BATAVIA, N.Y.--(BUSINESS WIRE)--Graham Corporation (NYSE: GHM), a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries, announced that it will release its first quarter fiscal year 2023 financial results before financial markets open on Friday, July 29, 2022.

The Company will host a conference call and webcast to review its financial and operating results, strategy, and outlook. A question-and-answer session will follow.

First Quarter Fiscal Year 2023 Financial Results Conference Call

Friday, July 29, 2022
10:00 a.m. Eastern Time
Phone: (201) 689-8560
Internet webcast link and accompanying slide presentation: https://ir.grahamcorp.com/

A telephonic replay will be available from 1:00 p.m. ET on the day of the teleconference through Friday, August 5, 2022. To listen to the archived call, dial (412) 317-6671 and enter conference ID number 13730938 or access the webcast replay via the Company’s website at www.ir.grahamcorp.com, where a transcript will also be posted once available.

ABOUT GRAHAM CORPORATION

Graham is a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries. The Graham Manufacturing and Barber-Nichols’ global brands are built upon world-renowned engineering expertise in vacuum and heat transfer, cryogenic pumps and turbomachinery technologies, as well as its responsive and flexible service and the unsurpassed quality customers have come to expect from the Company’s products and systems.

Graham routinely posts news and other important information on its website, www.grahamcorp.com, where additional information on Graham Corporation and its businesses can be found.

For more information, contact:
Christopher J. Thome
Vice President - Finance and CFO
Phone: (585) 343-2216

Deborah K. Pawlowski
Kei Advisors LLC
Phone: (716) 843-3908
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DUBLIN--(BUSINESS WIRE)--The "Floating Solar Panels Market Size, Share & Trends Analysis Report by Product (Tracking, Stationary), by Region (Asia Pacific, North America, Europe, Middle East & Africa) and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global floating solar panels market size is expected to reach USD 180.21 million by 2030. The market is expected to expand at a CAGR of 22.5% from 2022 to 2030.

Companies Mentioned

• Kyocera Corporation
• Trina Solar
• Yellow Tropus Pvt. Ltd.
• Wuxi Suntech Power Co. Ltd.
• Yingli Solar
• Ciel & Terre International
• Longi Solar
• Ja Solar Technology Co. Ltd.
• Hanwha Group
• Vikram Solar Limited
• Gcl-Si
• Talesun
• Pristine Sun Corp.
• Sharp Corporation
• Itochu Corporation

The technical aspect of floating solar technology is projected to observe substantial growth over the estimated period owing to the growing demand for dependable renewable sources of energy for power generation. In addition, the reduction in land-related costs is likely to boost the demand over the forecast period.

The stationary floating solar panels segment led the market in 2021. The segment is expected to keep its leading position over the forecast period. Stationary floating solar panels do not take up land area and are easy to install. These panels can be deployed easily on a body of water, such as a reservoir or a lake.

Stationary floating solar panels also double as shades for the water body, which reduces the evaporation of water. The increasing emphasis by various governments on the usage of renewable sources of energy for electricity generation coupled with efforts towards decreasing environmental pollution by reducing the dependence on fossil fuels is likely to have a positive influence on the market over the forecast period.

Tracking floating solar panels are projected to witness increased demand over the forecast period owing to the augmented efficiency of the panels with a tracking technique. The increasing investments in R&D by manufacturers and installers to decrease the cost of the tracking technology are expected to strengthen market growth. Japan was the largest country-level market in 2019 due to the low availability of land and promising government initiatives to encourage the usage of renewable energy.

Floating Solar Panels Market Report Highlights

• In terms of revenue, the stationary floating solar panels segment accounted for a prominent share in the market in 2021 and is further expected to witness steady growth over the forecast period.
• in 2021, Asia Pacific accounted for the largest revenue share. Countries like Japan and China are investing heavily into the adoption of floating solar panels, which drives the market growth.
• Various strategic initiatives were recorded over the past few years to boost the growth of the market.
• For instance, in October 2018, KYOCERA Corp. formed a joint venture with Tokyo Century to open the largest floating solar park in Japan.
• The floating solar park has a capacity of 13.7MW and is installed in Yamakura Dam reservoir in Ichihara, Chiba Prefecture, Japan.

Key Topics Covered:

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Market Definitions

Chapter 4. Floating Solar Panels Market Variables, Trends & Scope

4.1. Market Size and Growth Prospects

4.2. Industry Value Chain Analysis

4.3. Raw Material Trends

4.4. Market Dynamics

4.4.1. Market Driver Analysis

4.4.2. Market Restraint Analysis

4.4.3. Opportunity Assessment

4.5. Penetration & Growth Prospect Mapping

4.6. Regulatory Framework

4.7. Business Environment Analysis Tools

4.7.1. Industry Analysis - Porter's

4.7.2. PESTEL Analysis

4.8. Impact of Corona Virus on Floating Solar Panels Market

Chapter 5. Floating Solar Panels Market Product Outlook

Chapter 6. Floating Solar Panels Regional Outlook

Chapter 7. Competitive Landscape

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Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) today announced that it will issue its second quarter 2022 earnings release before market open on Thursday, August 4, 2022. The Company will host a conference call to discuss financial and operational results on Thursday, August 4, 2022 at 9:00 a.m. Central Time (10:00 a.m. Eastern Time).

The call will be webcast on Cactus’ website at www.CactusWHD.com. Please access the webcast at least 10 minutes ahead of the start time to ensure a proper connection. An archived version will be available on the Company’s website shortly after the end of the call.

About Cactus, Inc.

Cactus designs, manufactures, sells and rents a range of highly engineered wellhead and pressure control equipment. Its products are sold and rented principally for onshore unconventional oil and gas wells and are utilized during the drilling, completion and production phases of its customers’ wells. In addition, it provides field services for all its products and rental items to assist with the installation, maintenance and handling of the wellhead and pressure control equipment. Cactus operates service centers in the United States, which are strategically located in the key oil and gas producing regions, including the Permian, Marcellus, Utica, Haynesville, Eagle Ford, Bakken and SCOOP/STACK, among other areas, and in Eastern Australia. Cactus also conducts rental and service operations in the Kingdom of Saudi Arabia.

Cactus, Inc.
John Fitzgerald, 713-904-4655
Director of Corporate Development and Investor Relations
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DUBLIN--(BUSINESS WIRE)--The "PV Inverter Market Size, Share & Trends Analysis Report by Product (Central, String, Micro), by End-use (Residential, Commercial & Industrial, Utilities), and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global PV inverter market size is expected to reach USD 15.85 billion by 2030, registering a CAGR of 6.2% over the forecast period.

Companies Mentioned

• Fimer Group
• Sma Solar Technology AG
• Siemens Energy
• Delta Electronics, Inc
• Sunpower Corporation
• Omron Corporation
• Eaton
• Emerson Electric Co.
• Power Electronics S.L.
• Hitachi Hi-Rel Power Electronics Pvt. Ltd.

Growing demand for solar energy-generated clean electricity across several end-use markets along with a reduction in renewable power generation costs is likely to strengthen market growth over the forecast period.

Increasing demand for steady power supply in harsh climatic conditions or remote locations has led to the enhanced deployment of off-grid solar PV systems, thereby propelling the PV inverter product demand across such locations. In addition, favorable government policies and initiatives regarding the clean fuel usage agenda are expected to further bolster industry growth.

The market is consolidated and highly competitive in terms of huge demand and vertically integrated market players. Technological advancements due to extensive R&D investments have led to more competitiveness in the industry. Some of the key competitive factors for the market include product quality, brand, maintenance, and distribution network.

Persistent pressure on equipment suppliers due to anti-dumping tariffs is anticipated to hinder the market growth over the forecast period. Such duties have been levied by several countries on account of price deterioration that has hampered the domestic market for solar equipment. The tremendous price declines have forced nations such as the U.S. to levy anti-dumping duties on the inflow of cheaper equipment from countries such as China.

Governments in some of the major countries such as the U.S., Germany, and India have taken steps to extend the deadline for new and under construction solar power projects to be eligible for incentives and tax credits. These factors are expected to make an impact on COVID-19 in the market to be at a medium level owing to supportive steps taken by the government which would result in sales growth in the PV inverters soon.

PV Inverter Market Report Highlights

• In 2021, the central PV inverter emerged as the largest segment and accounted for a revenue share of 49.81% owing to its enhanced efficiency, easy installation, and availability of three-phase variations.
• The U.S. emerged as the largest market in North America in 2021. The electricity sector is the second-largest source of greenhouse gas emissions owing to the combustion of fossil fuels in power plants. Thus, the U.S. government has taken subsequent steps to reduce carbon emissions from the power sector and is making continuous efforts to curb the greenhouse gas emission from the power plant.
• The residential end-use segment is expected to witness significant growth over the forecast period on account of increased demand for solar renewable energy among consumers for electrification purposes, home appliances, and other applications.
• The Asia Pacific accounted for the largest market revenue share in 2020, with China being the largest contributor to the regional market growth. A growing number of solar installations in the developing nations are attributed to the market expansion in the Asia Pacific.

Key Topics Covered:

Chapter 1 Methodology and Scope

Chapter 2 Executive Summary

Chapter 3 PV Inverter Market Variables, Trends, and Scope

3.1 Market Lineage Outlook

3.2 Market Penetration & Growth Prospects

3.3 Value Chain Analysis

3.4 Technology Overview

3.5 Regulatory Framework

3.6 Market Dynamics

3.6.1 Market Driver Analysis

3.6.2 Market Restraint analysis

3.6.3 Market Challenges

3.7 Business Environment Analysis

3.7.1 Porter's Five Forces

3.7.2 PESTEL Analysis

3.8 Impact of COVID-19 on PV Inverter Market

Chapter 4 PV Inverter Market: by Product Estimates & Trend Analysis

Chapter 5 PV Inverter Market: by End-use Estimates & Trend Analysis

Chapter 6 PV Inverter: Regional Estimates & Trend Analysis

Chapter 7 Competitive & Vendor Landscape

7.1 Key Global Players & Recent Developments & Their Impact on the Industry

7.2 Vendor Landscape

7.3 Company Market Position Analysis

Chapter 8 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/nb5z8d

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
This email address is being protected from spambots. You need JavaScript enabled to view it.
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900