DALLAS--(BUSINESS WIRE)--Primoris Services Corporation (NASDAQ Global Select: PRIM) (“Primoris” or the “Company”) today announced that Tom McCormick, President and Chief Executive Officer, and Ken Dodgen, Chief Financial Officer, will participate in investor meetings and a fireside chat at the D|A| Davidson 20th Annual Diversified Industrials & Services Virtual Conference on Wednesday, September 22, 2021. The fireside chat is scheduled for 10:45 a.m. Central Time (11:45 a.m. Eastern Time) that same day.

A link to the live webcast and a copy of the Company’s presentation will be posted at the time of the fireside chat to the Company’s Investor Relations section of its website, www.primoriscorp.com. A replay of the presentation will be available on the Company’s website approximately three hours after the conclusion of the live presentation and will be available for 30 days following the event.

About Primoris

Primoris Services Corporation is a leading provider of specialty contracting and critical infrastructure services to the utility, energy/renewables and pipeline services markets throughout the United States and Canada. The Company’s diversified base of blue-chip customers, focus on smaller contracts and its high proportion of master service agreements have de-risked its portfolio over the last several years. An expanded presence in higher-margin, higher-growth markets such as utility-scale solar facility installations and telecom/broadband infrastructure have also increased its potential for long-term growth. Additional information on Primoris is available at www.primoriscorp.com.

Brook Wootton
Vice President, Investor Relations
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Stations Will Allow Guests to Conveniently Stay Charged While Visiting Their Favorite Six Flags Park

SAN FRANCISCO--(BUSINESS WIRE)--Volta Inc. (“Volta”), an industry leader in commerce-centric electric vehicle (“EV”) charging networks, is partnering with Six Flags Entertainment Corporation, the world’s largest regional theme park company and the largest operator of waterparks in North America, to make EV charging accessible to its guests at their parks across the United States.

Six Flags’ strategy centers around modernizing the guest experience through technology. Installing EV charging stations is the latest step towards the company’s vision to be the preferred regional destination for entertainment and its commitment to environmental sustainability. At the forefront of innovation in the industry, Six Flags is the first theme park company to have Volta charging stations available to its guests. The first charging stations will be installed at Six Flags America, just outside of Washington, D.C., with more parks to follow.

Stephanie Borges, Six Flags vice president of strategic marketing and partnerships, added, “Six Flags is committed to incorporating technology that elevates our guests’ experiences through innovation. The partnership with Volta will enable us to provide a unique offering for our guests, while also supporting our sustainability initiatives.”

Founded on the premise that the electrification of mobility is likely to be a transformational shift, Volta builds and operates a nationwide EV charging network that has among the best utilization per station in the EV charging industry for the United States. Centered around capturing new spending habits expected to result from the shift to electric vehicles, Volta seeks to transform the fueling industry by building charging stations in locations where drivers already spend their time and money, including grocery stores, pharmacies, retailers and other entertainment locations.

“We are thrilled to partner with a leader in theme parks and entertainment to fulfill their guests' needs for EV charging and contribute to their sustainability goals,” said Scott Mercer, Founder and CEO of Volta. “We aim to provide easy, open and accessible EV charging stations where people already live, work, shop and play. Our Six Flags partnership illustrates just that.”

About Volta

Volta Inc. (NYSE: VLTA) is an industry leader in commerce-centric EV charging networks. Volta’s vision is to build EV charging networks that capitalize on and catalyze the shift from combustion-powered miles to electric miles by placing stations where consumers live, work, shop and play. By leveraging a data-driven understanding of driver behavior to deliver EV charging solutions that fit seamlessly into drivers’ daily routines, Volta’s goal is to benefit consumers, brands and real-estate locations while helping to build the infrastructure of the future. As part of Volta’s unique EV charging offering, its stations allow it to enhance its site hosts’ and strategic partners’ core commercial interests, creating a new means for them to benefit from the transformative shift to electric mobility. To learn more, visit www.voltacharging.com.

About Six Flags Entertainment Corporation

Six Flags Entertainment Corporation is the world’s largest regional theme park company with 27 parks across the United States, Mexico and Canada. For nearly 60 years, Six Flags has entertained hundreds of millions of guests with world-class coasters, themed rides, thrilling waterparks and unique attractions. Six Flags is committed to creating an inclusive environment that fully embraces the diversity of our team members and guests. For more information, visit www.sixflags.com.

Goodman Media International, Inc.
Sabrina Strauss
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MIAMI--(BUSINESS WIRE)--World Fuel Services Corporation (NYSE:INT) announced today that its board of directors has declared a quarterly cash dividend of $0.12 per share payable on October 8, 2021 to shareholders of record on September 17, 2021.

About World Fuel Services Corporation

Headquartered in Miami, Florida, World Fuel Services is a global energy management company involved in providing energy procurement advisory services, supply fulfillment and transaction and payment management solutions to commercial and industrial customers, principally in the aviation, marine and land transportation industries. World Fuel Services sells fuel and delivers services to its clients at more than 8,000 locations in more than 200 countries and territories worldwide.

For more information, visit www.wfscorp.com.

Ira M. Birns
Executive Vice President & Chief Financial Officer
or
Glenn Klevitz
Vice President, Treasurer and Investor Relations
(305) 351-4763
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BRISBANE, Australia--(BUSINESS WIRE)--Tritium Holdings Pty Ltd (“Tritium”), a global developer and manufacturer of direct current (“DC”) fast charging technology for electric vehicles (“EVs”), today announced a AUD$40 million private placement by Cigna Investments, Inc. (“Cigna”), the investment arm of Cigna Corporation, a U.S.-based global health services company.

Tritium intends to use the proceeds from the private placement to continue scaling its global operations, including production, sales and administrative support, during its ongoing business combination with Decarbonization Plus Acquisition Corporation II (“DCRN”) (NASDAQ: DCRN, DCRNW, DCRNU), which was announced on May 26, 2021, in an effort to satisfy Tritium’s existing order backlog from its customers.

“This is a fantastic show of support for Tritium and underscores the ongoing enthusiasm our investors have in the company’s future,” said David Toomey, Tritium’s Chief Revenue Officer and Head of Corporate Development. “Cigna has again recognised the value of Tritium’s technology and market leadership in this rapidly expanding industry.”

This is the second private placement financing by Cigna, following a June 2020 private placement of AUD$45 million.

“This is a welcome capital injection as the company continues to expand,” said Tritium CEO Jane Hunter. “With this investment, we intend to scale our teams and operations to meet current demand and prepare for our next phase of growth.”

Tritium believes it is a leader on the global stage in a number of mature EV markets, such as Norway and California. Founded in Brisbane and having already deployed more than 4,500 charging stations, Tritium has provided more than 2.7 million high-power charging sessions across 41 countries, delivering an aggregate of over 55 GWh of energy. The company’s intellectual property includes the world’s only fully liquid-cooled, IP65-rated charger technology, providing customers with a product that is ingress-protected and sealed from outside elements, which may reduce the total cost of ownership.

About Tritium

Founded in 2001, Tritium designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. Tritium's compact and robust chargers are designed to look great on Main Street and thrive in harsh conditions, through technology engineered to be easy to install, own, and use. Tritium is focused on continuous innovation in support of our customers around the world.

As announced on May 26, 2021, Tritium has entered into a definitive agreement for a business combination with Decarbonization Plus Acquisition Corporation II (NASDAQ: DCRN, DCRNW), a publicly traded special purpose acquisition company (SPAC), that would result in Tritium becoming a publicly listed company. Completion of the proposed transaction is subject to customary closing conditions and is expected to occur in the fourth quarter of 2021.

For more information, visit tritiumcharging.com

About Decarbonization Plus Acquisition Corporation II

Decarbonization Plus Acquisition Corporation II is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with a target whose principal effort is developing and advancing a platform that decarbonizes the most carbon-intensive sectors. These include the energy and agriculture, industrials, transportation and commercial and residential sectors. DCRN is sponsored by an affiliate of Riverstone Holdings LLC and represents a further expansion of Riverstone's 15-year franchise in low-carbon investments, having established industry leading, scaled companies with more than US$5 billion of equity invested in renewables.

No Offer or Solicitation

This document does not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination (as defined below). This document also does not constitute an offer to sell or exchange, or the solicitation of an offer to buy or exchange, any securities, nor will there be any sale of securities in any states or jurisdictions in which such offer, solicitation, or sale or exchange would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities will 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

Certain statements made in this document are “forward-looking statements” with respect to the proposed transaction (the “Business Combination”) between DCRN, Tritium and Tritium DCFC Limited, an Australian public company limited by shares (“NewCo”), and including statements regarding the benefits of the Business Combination, the anticipated timing of the Business Combination, the services offered by Tritium and the markets in which it operates, and NewCo’s projected future results. These forward-looking statements generally are identified by the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “targets”, “may,” “will,” “should,” “would,” “will be,” “will continue,” “will likely result,” “future,” “propose,” “strategy,” “opportunity” and variations of these words or similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or are not statements of historical matters are intended to identify forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, guarantees, assurances, predictions or definitive statements of fact or probability regarding future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside NewCo’s, Tritium’s or DCRN’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include the inability to complete the Business Combination in a timely manner or at all (including due to the failure to receive required stockholder or shareholder, as applicable, approvals, or the failure of other closing conditions such as the satisfaction of the minimum trust account amount following redemptions by DCRN’s public stockholders and the receipt of certain governmental and regulatory approvals), which may adversely affect the price of DCRN’s securities; the inability of the Business Combination to be completed by DCRN’s business combination deadline and the potential failure to obtain an extension of the business combination deadline if sought by DCRN; the occurrence of any event, change or other circumstance that could give rise to the termination of the Business Combination; the inability to recognize the anticipated benefits of the proposed Business Combination; the inability to obtain or maintain the listing of NewCo’s shares on a national exchange following the proposed Business Combination; costs related to the proposed Business Combination; the risk that the proposed Business Combination disrupts current plans and operations, business relationships or business generally as a result of the announcement and consummation of the proposed Business Combination; NewCo’s ability to manage growth; NewCo’s ability to execute its business plan and meet its projections; potential disruption in NewCo’s employee retention as a result of the Business Combination; potential litigation, governmental or regulatory proceedings, investigations or inquiries involving NewCo, Tritium or DCRN, including in relation to the Business Combination; changes in applicable laws or regulations and general economic and market conditions impacting demand for Tritium’s or NewCo’s products and services; and other risks and uncertainties indicated from time to time in the proxy statement/prospectus relating to the proposed Business Combination, including those under “Risk Factors” therein, and in DCRN’s other filings with the Securities and Exchange Commission (the “SEC”). Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statement, and NewCo and DCRN assume no obligation and do not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Neither NewCo nor DCRN gives any assurance that either NewCo or DCRN will achieve its expectations.

Additional Information about the Business Combination and Where to Find It

In connection with the proposed Business Combination, DCRN and NewCo, which will be the going-forward public company, intend to file a registration statement on Form F-4 (the “Registration Statement”) with the SEC, which will include a proxy statement/prospectus, and certain other related documents, to be used at the meeting of stockholders to approve the proposed Business Combination. INVESTORS AND SECURITY HOLDERS OF DCRN ARE URGED TO READ THE PROXY STATEMENT/PROSPECTUS, ANY AMENDMENTS THERETO AND OTHER RELEVANT DOCUMENTS THAT WILL BE FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TRITIUM, DCRN, NEWCO AND THE BUSINESS COMBINATION. The proxy statement/prospectus will be mailed to stockholders of DCRN as of a record date to be established for voting on the proposed Business Combination. Investors and security holders will also be able to obtain copies of the Registration Statement and other documents containing important information about each of the companies once such documents are filed with the SEC, without charge, at the SEC’s web site at www.sec.gov.

Participants in Solicitation

DCRN and its directors and executive officers may be deemed participants in the solicitation of proxies from DCRN’s stockholders with respect to the proposed Business Combination. A list of the names of those directors and executive officers and a description of their interests in DCRN is contained in DCRN’s filings with the SEC, including DCRN’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, which was filed with the SEC on March 31, 2021, and is available free of charge at the SEC’s web site at www.sec.gov. Additional information regarding the interests of such participants will be set forth in the Registration Statement for the proposed Business Combination when available. NewCo and Tritium and their respective directors and executive officers may also be deemed to be participants in the solicitation of proxies from the shareholders of DCRN in connection with the proposed business combination. A list of the names of such directors and executive officers and information regarding their interests in the Business Combination will be contained in the Registration Statement for the proposed Business Combination when available.

Tritium Media Contact
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Tritium Investors Contact
Caldwell Bailey
ICR, Inc.
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HOUSTON--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) announced today that its Chairman, President and CEO Jeff Miller will present at the 2021 Barclays CEO Energy-Power Conference on Wednesday, September 8, 2021, at 8:00 AM Eastern Time.

Interested parties may listen to the presentation live via webcast at www.halliburton.com. Please log on at least 15 minutes early to register and to download any necessary audio software. A replay will be available on the website for twelve months following the presentation.

About Halliburton

Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 40,000 employees, representing 130 nationalities in more than 70 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.

For Investors:
Abu Zeya
Investor Relations
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281-871-2688

For News Media:
Emily Mir
Public Relations
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281-871-2601

Six-camera system maximizes visibility around the vessel for unprecedented situational awareness and convenience in tight maneuvering situations

OLATHE, Kan.--(BUSINESS WIRE)--Garmin^® International, Inc., a unit of Garmin Ltd. (NASDAQ:GRMN), the world’s largest¹ and most innovative marine electronics manufacturer, today announced the Garmin Surround View Camera System, a breakthrough in video guidance for recreational boating and yachting. Utilizing six through-hull mounted cameras that act like multiple sets of eyes, Surround View provides a live 360-degree bird’s-eye view around the vessel to help captains quickly view their vessel’s perimeter during low-speed maneuvers, such as docking, from the helm.
See Surround View in action here.

“Our innovative Surround View brings the comforts and conveniences our customers rely on in their vehicles to the helm of their yacht to help captains see as much of their environment as possible for easier maneuvering on the water,” said Dan Bartel, Garmin vice president of global consumer sales. “Until now, no other marine camera technology has offered a true 360-degree bird’s-eye view, a vantage point that can help reduce the stress of docking and navigating marinas, narrow causeways and busy channels by giving captains a live look at their surroundings.”

Maximized visibility at the helm

The technology uses six 1080p cameras located around the vessel: a forward-looking camera at the bow, a rear-looking camera on the aft, and two side-looking cameras on both the port and starboard sides. When the system is engaged, it displays a full overhead stitched image with 360-degree real-time video views from around the vessel directly to compatible Garmin chartplotters or multi-function (MFD) helm displays. Designed to maximize visibility and minimize blind spots, captains can view one or two cameras simultaneously with the bird’s-eye image, and even zoom in and pan around on an area of interest from any of the individual camera views.

Additionally, the Surround View Camera System provides a number of augmented reality features for increased situational awareness and collision avoidance, including:

• Visual Bumper – provides a visual indicator at a user-configurable distance around the vessel that shows the captain when any non-water objects such as docks or piers breach the barrier

• Distance Markers – offers visual cues around the vessel to the captain to aid in distance determinations while navigating in close quarters, similar to automotive backup camera systems

Seamless integration and streamlined aesthetics

Designed for a broad range of boats, the Surround View cameras have a low-profile for OEM factory-installed through-hull mounting that blends functionality with streamlined aesthetics. A compatible Garmin chartplotter or MFD, including the GPSMAP^® 8400/8600, GPSMAP 7x3/9x3/12x3 series or the Volvo Penta Glass Cockpit System, is required.

The Garmin Surround View Camera System will be demonstrated at the Cannes Yachting Festival, Sept. 7-12, 2021 (Garmin stand, PAN 341), and again at the Fort Lauderdale Boat Show, Oct. 27-31, 2021. It’s available now on new builds from Garmin’s boat building partners. To learn more, visit garmin.com/SurroundView.

Engineered on the inside for life on the outside, Garmin products have revolutionized life for anglers, sailors, mariners and boat enthusiasts everywhere. Committed to developing the most sophisticated marine electronics the industry has ever known, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For the sixth consecutive year, Garmin was recently named the Manufacturer of the Year by the National Marine Electronics Association (NMEA). Other Garmin marine brands include Navionics^® and Fusion^®. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom, email the Media Relations department at This email address is being protected from spambots. You need JavaScript enabled to view it., or follow us at facebook.com/garmin, twitter.com/garminnews, instagram.com/garmin and linkedin.com/company/garmin.

¹ Based on 2020 reported sales

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, GPSMAP, Navionics and Fusion are registered trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:

This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 26, 2020, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at www.garmin.com/en-US/company/investors/earnings/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

Carly Hysell
913-397-8200
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LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (Nasdaq: EVGO) (“EVgo” or the “Company”), the nation’s largest public fast charging network for electric vehicles (“EVs”) and first powered by 100% renewable electricity, today announced that members of its executive leadership team will be presenting and meeting with investors at the following upcoming conferences:

• Cowen’s 14th Annual Global Transportation & Sustainable Mobility Conference on September 9, 2021
• Evercore ISI’s Autotech & AI Forum on September 21, 2021

EVgo’s “fireside chat” presentation at the Cowen conference is scheduled for 3:20 PM ET on September 9, 2021. A live webcast link of the presentation chat can be accessed via the link provided below, or by visiting the Events & Presentations section of EVgo’s Investor Relations website. A replay of the presentation will be available for 180 days following the event.

For Cowen: Live and replay webcast link: https://wsw.com/webcast/cowen100/evgo/2009053

EVgo’s presentation at the Evercore ISI conference is scheduled for 2:45 PM ET on September 21, 2021. A live webcast link of the presentation can be accessed via the link provided below, or by visiting the Events & Presentations section of EVgo’s Investor Relations website. A replay of the presentation will be available for 180 days following the event.

For Evercore ISI: Live and replay webcast link: https://wsw.com/webcast/evercore20/evgo/2361837

About EVgo

EVgo (Nasdaq: EVGO) is the nation’s largest public fast charging network for electric vehicles, and the first to be powered by 100% renewable energy. With more than 800 fast charging locations, EVgo’s owned and operated charging network serves over 68 metropolitan areas across 35 states and more than 275,000 customer accounts. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet.

For Investors:
Ted Brooks, VP of Investor Relations
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310-954-2943

For Media:
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• Alongside its financial sponsor EnCap Flatrock Midstream, Moda Midstream will retain its ownership interest in Vopak Moda Houston, a 50/50 joint venture between Moda and Royal Vopak.
• Vopak Moda Houston recently commissioned its deepwater dock and has constructed storage and terminaling infrastructure for its industrial gas product line.
• Moda will continue to pursue additional liquids terminaling opportunities.

HOUSTON & SAN ANTONIO--(BUSINESS WIRE)--Liquids terminaling and logistics company Moda Midstream, LLC (“Moda”) and Moda’s financial sponsor EnCap Flatrock Midstream (“EFM”) today announced they have entered into a definitive agreement to sell the Moda Ingleside Energy Center (“MIEC”) and other Moda assets to Enbridge Inc. (NYSE, TSX: ENB) for an enterprise value, net of working capital and cash, of approximately $3 billion, subject to closing adjustments.

Located in Ingleside, Texas, MIEC is the nation’s largest crude export terminal by volume, having loaded more than 25 percent of all U.S. Gulf Coast crude exports in 2020. MIEC has an aggregate storage capacity of more than 15 million barrels and an export capacity of 1.6 million barrels per day. The asset serves as a critical link connecting Permian and Eagle Ford production to international markets. MIEC’s proximity to open water combined with its very large crude carrier (VLCC) capability and rapid loading rates position it globally as one of the most important export facilities in the world. MIEC provides customers an unparalleled advantage due to its wellhead-to-water access and direct connectivity to next-generation long-haul crude pipelines, including Cactus I, Cactus II, Gray Oak, EPIC and the Harvest Ingleside pipeline.

Other assets included in the transaction are Moda’s Taft Terminal located near MIEC; a minority, non-operating interest in the Cactus II Pipeline; a 100 percent interest in Moda’s Viola Pipeline; and Moda’s St. James Development Project, a brownfield joint-development opportunity to build independent third-party logistics solutions for customers in the St. James, Louisiana, area. Both the Cactus II and Viola pipelines connect to MIEC.

At closing, Moda Executive Vice President, COO and Founder Javier del Olmo will join Enbridge as Vice President, USGC Terminaling Operations. Key Moda personnel and the entire MIEC team will join Mr. del Olmo at Enbridge as the core of the new USGC Terminaling team in Enbridge’s Liquids Pipelines business unit. The transaction is subject to customary regulatory approvals and closing conditions and is expected to close by the end of this year.

Moda and EFM will retain ownership in Vopak Moda Houston, a world-class deepwater storage and terminaling facility in the Port of Houston, the number one port in the United States in terms of total waterborne tonnage and home to the nation’s largest and world’s second-largest petrochemical complex. Vopak Moda Houston is the first greenfield terminal development in the port in more than a decade and will serve as a vital growth platform for its joint-venture partners, Royal Vopak and Moda Midstream.

Vopak Moda Houston recently commissioned its deepwater dock and has constructed storage and terminaling infrastructure for its industrial gas product line. Moda’s success in Houston is a testament to the determination and hard work across the organization since the formation of Vopak Moda Houston. Moda is confident the team will continue to provide new innovative liquids supply chain solutions and support for customers’ energy transition logistics needs by capitalizing on Vopak Moda Houston’s strong foundation and ideal location.

To execute on continued growth at Vopak Moda Houston and other terminaling opportunities, Moda Midstream President, CEO and Founder Bo McCall will become Chairman of Moda Midstream, and current Executive Vice President, CFO and Founder Jonathan Ackerman will serve as President and CEO. Ian Levine, Moda’s current Vice President of Corporate Strategy and Treasurer will become Vice President, Strategy and CFO.

From Moda Midstream

“MIEC is a flagship asset,” said Moda Midstream President, CEO and Founder Bo McCall. “We are very proud of the safe and responsible growth we have achieved since we purchased the asset less than three years ago. The site was originally designed by the U.S. Navy to support a carrier battle group and, despite the uncertainty following its closure, has developed into the nation’s largest exporter of crude oil, creating jobs and economic prosperity for the Coastal Bend. I want to congratulate everyone on the Moda team for their excellent work and many accomplishments. We are all excited to watch and support MIEC’s continued development and operational excellence under the ownership of a world-class company like Enbridge.”

From EnCap Flatrock Midstream

“When we first backed the Moda management team, we had high expectations of what this talented group would achieve,” said EnCap Flatrock Managing Partner Billy Lemmons. “Bo, Jon, Javier and their outstanding team have exceeded our every expectation. This is a significant transaction that will produce strong results for our investors and add value to Enbridge’s impressive asset portfolio. In addition, we are excited to continue our partnership with the Moda team to further enhance Vopak Moda Houston’s growth and development and explore new opportunities.”

Advisers

Credit Suisse Securities (USA) LLC acted as exclusive financial adviser to Moda, and Vinson & Elkins LLP acted as legal counsel. Shearman & Sterling acted as legal counsel to EnCap Flatrock. Barclays acted as financial adviser to Enbridge, and Sidley Austin LLP acted as legal counsel.

About Moda Midstream, LLC

Moda Midstream, LLC is a liquids terminaling and logistics company that provides independent terminal, storage and distribution solutions to refiners, petrochemical manufacturers, marketers and producers of crude oil, condensate, NGLs, refined products and other bulk liquids. Moda concentrates on providing safe, reliable solutions to third parties. Moda’s mission is to be the logistics and terminaling provider of choice. Moda is backed by EnCap Flatrock Midstream. Please visit www.modamidstream.com.

About EnCap Flatrock Midstream

EnCap Flatrock Midstream provides value-added growth capital to proven management teams focused on midstream infrastructure opportunities across North America. The firm was formed in 2008 by a partnership between EnCap Investments L.P. and Flatrock Energy Advisors, LLC. Based in San Antonio with offices in Oklahoma City and Houston, the firm manages investment commitments of nearly $9 billion from a broad group of prestigious institutional investors. EnCap Flatrock Midstream is currently making commitments to new management teams from EFM Fund IV, a $3.25 billion fund. For more information, please visit www.efmidstream.com.

Casey Nikoloric, Managing Principal
TEN|10 Group, LLC
303.433.4397, x101 o
303.507.0510 m
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SAN FRANCISCO--(BUSINESS WIRE)--#carbonneutral--The Japan External Trade Organization (JETRO) and Japan’s Ministry of Economy, Trade and Industry (METI) will host a webinar on the topic of Carbon Neutrality and Hydrogen Technology to celebrate the launch of JETRO’s new “J-Bridge” business platform on September 9, 2021.

In October 2020, Prime Minister of Japan SUGA Yoshihide announced the Japanese government’s goal of achieving Carbon Neutrality in 2050. In order to reach this goal, METI devised a “Green Growth Strategy,” that involves increased collaboration with international businesses and organizations in the carbon neutral field. In addition, this past April, President Biden and Prime Minister Suga signed the “U.S.-Japan Climate Partnership on Ambition, Decarbonization, and Clean Energy” to strengthen bilateral cooperation in order to help each country achieve their individual climate goals.

To support these efforts, METI and JETRO have established the “J-Bridge” business platform to promote collaboration between Japanese and overseas companies. This seminar will focus on hydrogen, which is a key carbon-neutral technology that is expected to be used in a wide range of fields such as power generation, industrial production, and transportation. It will feature U.S. and Japanese government perspectives on hydrogen policy, presentations by leading corporations from both countries, pitches from U.S. companies developing innovative hydrogen technologies, and an introduction to the “J-Bridge” platform. It will be attended by U.S. Secretary of Commerce Gina Raimondo and Japanese Cabinet Minister of Economy, Trade and Industry KAJIYAMA Hiroshi.

The webinar will be conducted in both English and Japanese. It is free to attend, but prior registration is required.

For more information and to register, please visit: http://www.jetro.go.jp/usa/topics/j-bridge-us-launch-event-hydrogen.html

About JETRO: JETRO is a Japanese government-related organization that helps to promote trade and investment between Japan and the rest of the world. JETRO provides support and assistance to American companies entering the Japanese market and to Japanese companies expanding overseas. JETRO was established in 1958 and has more than 70 offices around the world, including six offices in the USA. JETRO provides a wide range of business development services, including go-to-market consultation, business-matching support, industry-specific seminars and webinars, and more.

Keisuke Mizuno; This email address is being protected from spambots. You need JavaScript enabled to view it.

WEST SACRAMENTO, Calif.--(BUSINESS WIRE)--Origin Materials, Inc. (“Origin” or “Origin Materials”) (NASDAQ: ORGN, ORGNW), the world’s leading carbon negative materials company, announced today that it has been awarded The Sustainability Leadership Award by the Business Intelligence Group’s 2021 Sustainability Awards program.

The Sustainability Awards honor those who have made sustainability an integral part of their business practice. The award assessment process aims to determine the value of the given sustainability goal, as well as what makes the company’s approach unique and what success they have had in achieving their goal. Origin Materials received the award for its patented, category-leading breakthrough technology built around converting low-cost, non-food feedstock into decarbonized, supply chain ready materials.

“Now more than ever, companies must leverage their collective expertise to make the shared vision of net-zero carbon a reality. Origin’s mission is to enable the world’s transition to sustainable materials as the leading carbon negative materials company. Recognition by the Business Intelligence Group is a testament to our long-term commitment to sustainability and is validation of our mission,” said Origin Materials co-CEO Rich Riley. “We are honored to be recognized alongside so many incredible companies and to accept this award.”

“We are proud to reward and recognize Origin Materials for their sustainability efforts,” said Maria Jimenez, Chief Nominations Officer, Business Intelligence Group. “It was clear to our judges that their vision and strategy will continue to deliver results toward a cleaner, more sustainable world. Congratulations!”

For-profit and not-for-profit organizations of all sizes and across all industries were considered for the Sustainability Leadership Award, with only 20 honorees recognized with an award. Past honorees of the BIG Sustainability Awards include PepsiCo, Procter & Gamble, John Deere, General Motors, Dow and Bausch & Lomb. For a full list of award winners, visit: URL.

About Origin Materials

Headquartered in West Sacramento, Origin Materials is the world's leading carbon negative materials company. Origin’s mission is to enable the world’s transition to sustainable materials. Over the past 10 years, Origin has developed a platform for turning the carbon found in inexpensive, plentiful, non-food biomass such as sustainable wood residues into useful materials while capturing carbon in the process. Origin’s patented technology platform can help revolutionize the production of a wide range of end products, including clothing, textiles, plastics, packaging, car parts, tires, carpeting, toys, and more with a ~$1 trillion addressable market. In addition, Origin’s technology platform is expected to provide stable pricing largely decoupled from the petroleum supply chain, which is exposed to more volatility than supply chains based on sustainable wood residues. Origin’s patented drop-in core technology, economics and carbon impact are supported by a growing list of major global customers and investors.

For more information, visit www.originmaterials.com.

About Business Intelligence Group

The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, business executives—those with experience and knowledge—judge the programs. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.

Cautionary Note on Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Origin Materials’ business strategy, commercial and operating plans and product development plans. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the management of Origin Materials and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Origin Materials. These forward-looking statements are subject to a number of risks and uncertainties, including that Origin Materials may be unable to successfully commercialize its products; the effects of competition on Origin Materials’ business; disruptions and other impacts to Origin Materials’ business as a result of the COVID-19 pandemic and other global health or economic crises; changes in customer demand; and those factors discussed in the prospectus filed with the SEC on July 30, 2021 under the heading “Risk Factors,” and other documents Origin Materials has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Origin Materials presently does not know, or that Origin Materials currently believes are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Origin Materials’ expectations, plans, or forecasts of future events and views as of the date of this press release. Origin Materials anticipates that subsequent events and developments will cause its assessments to change. However, while Origin Materials may elect to update these forward-looking statements at some point in the future, Origin Materials specifically disclaim any obligation to do so. These forward-looking statements should not be relied upon as representing Origin Materials’ assessments of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.

Origin Materials
Investors:
This email address is being protected from spambots. You need JavaScript enabled to view it.
Media:
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Business Intelligence Group
Maria Jimenez
Chief Nominations Officer
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1 (909) 529-2737

ANKENY, Iowa--(BUSINESS WIRE)--Casey’s General Stores, Inc. ("Casey's" or the "Company") (Nasdaq symbol CASY) a leading convenience store chain in the United States, today announced financial results for the three months ended July 31, 2021.

First Quarter Key Highlights

• Inside same-store sales increased 8.0% compared to prior year with a margin of 40.5%. Total inside gross profit increased 16.7% to $463.5 million compared to the same period last year.
• Fuel gallons increased 9.0% on a same-store basis compared to prior year with a fuel margin of 35.1 cents per gallon. Total fuel gross profit increased 11.6% to $234.5 million compared to the same period last year.
• Diluted EPS of $3.19 compared to $3.24 for the same period a year ago.
• Casey's completed the acquisitions of Buchanan Energy and the Oklahoma Circle K stores in the quarter, adding 137 new units.
• The Board of Directors increased the dividend for the 22nd year in a row to $0.35 per share.

“Casey’s achieved strong financial results in the first quarter,” said Darren Rebelez, President and CEO. “Total revenue was up across the board as guest traffic returned throughout the quarter. Inside gross profit was up almost 17% due in part to the merchandise resets and strategic sourcing initiatives the Company implemented earlier this calendar year. We welcomed the team members from the Buchanan Energy and Circle K acquisitions to the Casey's family and integration activities are well underway. Our balance sheet remains strong, and we are confident in our ability to achieve the previously stated fiscal 2022 outlook.”

Earnings

Adjusted EBITDA (reconciled later in the document) was up compared to the same period a year ago due to higher fuel and inside gross profit from improved guest traffic, offset by an increase in operating expenses driven primarily by a resumption of normal operating hours versus the prior year. Net income and diluted EPS in the first quarter were less than prior year primarily due to higher depreciation expense from operating 166 additional stores than the prior year period.

Inside

¹ We have changed the title of the Prepared Food and Fountain category to Prepared Food and Dispensed Beverage as well as the Grocery and Other Merchandise category to Grocery and General Merchandise to better reflect industry language and how we describe the categories internally. There has been no change to the products within the categories nor the calculation of sales and margin.

Inside same-store sales were driven by strong performance in packaged beverages, grocery items such as salty snacks and meat snacks, as well as a resurgence in pizza slices, driven in part by improved guest traffic. Inside margin was positively impacted by mix shift, both within and across categories, and procurement initiatives. Private label products reached 4.4% share of the Grocery and General Merchandise category by quarter end which was beneficial to gross margin.

Fuel

Same-store gallons sold were positively impacted by higher guest traffic from lapping COVID-19 restrictions that were in place a year ago. The Company’s total fuel gross profit was up 11.6% versus the prior first quarter, as the increased volume was offset by a lower fuel margin environment. The Company sold $18.7 million in renewable fuel credits (RINs) in the first quarter, an increase of $15.3 million from the same quarter in the prior year.

Operating Expenses

Operating expenses increased 24% during the first quarter primarily due to restoring store operating hours to pre-COVID levels, operating 166 more stores than this time last year, a 39% increase in credit card fees from higher retail fuel pricing along with higher sales volume, and one-time transaction and integration costs associated with the Buchanan Energy and Circle K acquisitions.

Expansion

Liquidity

At July 31, the Company had approximately $674 million in available liquidity, consisting of approximately $199 million in cash and cash equivalents on hand and $475 million in undrawn borrowing capacity on existing lines of credit.

Share Repurchase

The Company has $300 million remaining under its existing share repurchase program which expires in April 2022. There were no repurchases made against that authorization in the first quarter.

Dividend

At its September meeting, the Board of Directors voted to pay a quarterly dividend of $0.35 per share, which is an increase of $0.01 per share. The dividend is payable November 15, 2021 to shareholders of record on November 1, 2021.

Fiscal 2022 Outlook

The Company is maintaining the previously disclosed fiscal 2022 outlook, with one modification. The tax rate is now expected to be approximately 24.0% - 26.0% for the year. The remainder of the key metrics are unchanged. The Company expects same-store fuel and inside sales to increase by mid-single digit percentages. Total operating expenses are expected to increase by mid-teen percentages, driven primarily by adding approximately 200 units during fiscal 2022, as well as expenses related to adding back operating hours to the stores and expected wage pressures. Depreciation and amortization is expected to be approximately $300 million, interest expense is expected to be approximately $50 million. The Company is also expecting to add approximately $500 million in property and equipment in the fiscal year, including acquisition remodels. As a reminder, with the exception of same-store sales, the estimates in this paragraph include the impact of the Buchanan Energy and Circle K acquisitions.

RECONCILIATION OF NET INCOME TO EBITDA AND ADJUSTED EBITDA

We define EBITDA as net income before net interest expense, income taxes, depreciation and amortization. Adjusted EBITDA further adjusts EBITDA by excluding the gain or loss on disposal of assets as well as impairment charges. Neither EBITDA nor Adjusted EBITDA are considered GAAP measures, and should not be considered as a substitute for net income, cash flows from operating activities or other income or cash flow statement data. These measures have limitations as analytical tools, and should not be considered in isolation or as substitutes for analysis of our results as reported under GAAP. We strongly encourage investors to review our financial statements and publicly filed reports in their entirety and not to rely on any single financial measure.

We believe EBITDA and Adjusted EBITDA are useful to investors in evaluating our operating performance because securities analysts and other interested parties use such calculations as a measure of financial performance and debt service capabilities, and they are regularly used by the Company for internal purposes including our capital budgeting process, evaluating acquisition targets, assessing performance, and awarding incentive compensation.

Because non-GAAP financial measures are not standardized, EBITDA and Adjusted EBITDA, as defined by us, may not be comparable to similarly titled measures reported by other companies. It therefore may not be possible to compare our use of these non-GAAP financial measures with those used by other companies.

The following table contains a reconciliation of net income to EBITDA and Adjusted EBITDA for the three months ended July 31, 2021 and 2020:

NOTES:

• Gross Profit is defined as revenue less cost of goods sold (exclusive of depreciation and amortization)
• Inside is defined as the combination of Grocery and General Merchandise and Prepared Food and Dispensed Beverage

This release contains statements that may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those related to expectations for future periods, possible or assumed future results of operations, financial conditions, liquidity and related sources or needs, business and/or integration strategies, plans and synergies, supply chain, growth opportunities, performance at our stores, and the potential effect of COVID-19. There are a number of known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from any future results expressed or implied by those forward-looking statements, including but not limited to executing our strategic plan, the impact and duration of COVID-19 and related governmental actions, as well as other risks, uncertainties and factors which are described in the Company’s most recent annual report on Form 10-K and quarterly reports on Form 10-Q, as filed with the Securities and Exchange Commission and available on our website. Any forward-looking statements contained in this release represent our current views as of the date of this release with respect to future events, and Casey’s disclaims any intention or obligation to update or revise any forward-looking statements in the release whether as a result of new information, future events, or otherwise.

Corporate information is available at this website: https://www.caseys.com. Earnings will be reported during a conference call on September 8, 2021. The call will be broadcast live over the Internet at 7:30 a.m. CST. To access the call, go to the Events and Presentations section of our website at https://investor.caseys.com/events-and-presentations/default.aspx. No access code is required. A webcast replay of the call will remain available in an archived format on the Events and Presentations section of our website at https://investor.caseys.com/events-and-presentations/default.aspx for one year after the call.

Investor Relations Contact:
Brian Johnson (515) 965-6587

Media Relations Contact:
Katie Petru (515) 446-6772

TULSA, Okla.--(BUSINESS WIRE)--Helmerich & Payne, Inc. (NYSE: HP) today announced that John Lindsay, President and Chief Executive Officer; Mark Smith, Senior Vice President and Chief Financial Officer; Dave Wilson, Vice President of Investor Relations; and other members of H&P management are scheduled to participate in the following investor conferences during September 2021. Participation by the management team may vary by event.

• The 2021 Barclays CEO Energy-Power Conference on both Thursday and Friday, September 9-10, 2021; Mr. Lindsay will participate in a virtual fireside chat on behalf of the Company on Friday, September 10, 2021, at 9:45 a.m. U.S. Eastern Time

• The NYSE Energy & Utilities Access Day on Thursday, September 16th

Investor slides to be used during the conferences will be available for download on the company’s website, within Investors, under Presentations, the morning of September 9, 2021.

About Helmerich & Payne, Inc.
Founded in 1920, Helmerich & Payne, Inc. is committed to delivering industry leading drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for our customers and returns for shareholders. Through its subsidiaries, the Company designs, fabricates and operates high-performance drilling rigs in conventional and unconventional plays around the world. H&P also develops and implements advanced automation, directional drilling and survey management technologies. For more information, visit www.helmerichpayne.com.

Helmerich & Payne uses its website as a channel of distribution for material company information. Such information is routinely posted and accessible on its Investor Relations website at www.helmerichpayne.com.

IR Contact:
Dave Wilson, Vice President of Investor Relations
918-588-5190
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HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE:EPD) (“Enterprise”) today announced that its operating subsidiary, Enterprise Products Operating LLC (“EPO”), has priced a public offering of $1.0 billion principal amount of Senior Notes EEE due February 15, 2053.

Enterprise expects to use the net proceeds of this offering for general company purposes, including for growth capital investments, and the repayment of debt (including the repayment of a portion of our $750 million principal amount of 3.50 percent Senior Notes VV due in February, 2022, and/or a portion of our $650 million principal amount of 4.05 percent Senior Notes CC also due in February, 2022).

The Senior Notes EEE will be issued at 99.170 percent of their principal amount and will have a fixed-rate interest coupon of 3.30 percent. Enterprise Products Partners L.P. will guarantee the senior notes through an unconditional guarantee on an unsecured and unsubordinated basis. Settlement of the offering is expected to occur on September 15, 2021.

Citigroup Global Markets Inc., Deutsche Bank Securities Inc., SG Americas Securities, LLC and U.S. Bancorp Investments, Inc. acted as joint book-running managers for the offering. An investor may obtain a free copy of the prospectus as supplemented for the offering by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, EPO or any underwriter or dealer participating in this offering will arrange to send a prospectus as supplemented to an investor if requested by contacting Citigroup Global Markets Inc. at (800) 831-9146, Deutsche Bank Securities Inc. at (800) 503-4611, SG Americas Securities, LLC at (855) 881-2108, U.S. Bancorp Investments, Inc. at (877) 558-2607.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described in this press release, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The offering is being made only by means of a prospectus and related prospectus supplement, which are part of an effective registration statement.

Enterprise Products Partners L.P. is one of the largest publicly traded partnerships and a leading North American provider of midstream energy services to producers and consumers of natural gas, NGLs, crude oil, refined products and petrochemicals. Services include: natural gas gathering, treating, processing, transportation and storage; NGL transportation, fractionation, storage and export and import terminals; crude oil gathering, transportation, storage and export and import terminals; petrochemical and refined products transportation, storage, export and import terminals and related services; and a marine transportation business that operates primarily on the United States inland and Intracoastal Waterway systems. The partnership’s assets include approximately 50,000 miles of pipelines; 260 million barrels of storage capacity for NGLs, crude oil, refined products and petrochemicals; and 14 billion cubic feet of natural gas storage capacity.

Randy Burkhalter, Investor Relations, (713) 381-6812 or (866) 230-0745, This email address is being protected from spambots. You need JavaScript enabled to view it.
Rick Rainey, Media Relations, (713) 381-3635, This email address is being protected from spambots. You need JavaScript enabled to view it.

DALLAS--(BUSINESS WIRE)--Flowserve Corporation (NYSE: FLS), a leading provider of flow control products and services for the global infrastructure markets, today announced that Scott Rowe, president and chief executive officer, will present at the 2021 RBC Capital Markets Global Industrials Virtual Conference on September 9, 2021 at 12:20 – 12:50 CDT.

A webcast of Mr. Rowe’s presentation will be available for shareholders and other interested parties at www.flowserve.com under the “Investor Relations” section.

About Flowserve: Flowserve Corp. is one of the world’s leading providers of fluid motion and control products and services. Operating in more than 55 countries, the company produces engineered and industrial pumps, seals and valves as well as a range of related flow management services. More information about Flowserve can be obtained by visiting the company’s Web site at www.flowserve.com.

Safe Harbor Statement: This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Words or phrases such as "may," "should," "expects," "could," "intends," "plans," "anticipates," "estimates," "believes," "forecasts," "predicts" or other similar expressions are intended to identify forward-looking statements, which include, without limitation, earnings forecasts, statements relating to our business strategy and statements of expectations, beliefs, future plans and strategies and anticipated developments concerning our industry, business, operations and financial performance and condition.

The forward-looking statements included in this news release are based on our current expectations, projections, estimates and assumptions. These statements are only predictions, not guarantees. Such forward-looking statements are subject to numerous risks and uncertainties that are difficult to predict. These risks and uncertainties may cause actual results to differ materially from what is forecast in such forward-looking statements, and include, without limitation, the following: a portion of our bookings may not lead to completed sales, and our ability to convert bookings into revenues at acceptable profit margins; changes in global economic conditions and the potential for unexpected cancellations or delays of customer orders in our reported backlog; our dependence on our customers’ ability to make required capital investment and maintenance expenditures; risks associated with cost overruns on fixed-fee projects and in taking customer orders for large complex custom engineered products; the substantial dependence of our sales on the success of the oil and gas, chemical, power generation and water management industries; the adverse impact of volatile raw materials prices on our products and operating margins; our ability to execute and realize the expected financial benefits from our strategic manufacturing optimization and realignment initiatives; economic, political and other risks associated with our international operations, including military actions or trade embargoes that could affect customer markets, particularly Middle Eastern markets and global oil and gas producers, and non-compliance with U.S. export/re-export control, foreign corrupt practice laws, economic sanctions and import laws and regulations; increased aging and slower collection of receivables, particularly in Latin America and other emerging markets; our exposure to fluctuations in foreign currency exchange rates, including in hyperinflationary countries such as Venezuela; our furnishing of products and services to nuclear power plant facilities and other critical processes; potential adverse consequences resulting from litigation to which we are a party, such as litigation involving asbestos-containing material claims; a foreign government investigation regarding our participation in the United Nations Oil-for-Food Program; expectations regarding acquisitions and the integration of acquired businesses; our ability to anticipate and manage cybersecurity risk, including the risk of potential business disruptions or financial losses; our relative geographical profitability and its impact on our utilization of deferred tax assets, including foreign tax credits; the potential adverse impact of an impairment in the carrying value of goodwill or other intangible assets; our dependence upon third-party suppliers whose failure to perform timely could adversely affect our business operations; the highly competitive nature of the markets in which we operate; environmental compliance costs and liabilities; potential work stoppages and other labor matters; our inability to protect our intellectual property in the U.S., as well as in foreign countries; obligations under our defined benefit pension plans; and other factors described from time to time in our filings with the Securities and Exchange Commission.

All forward-looking statements included in this news release are based on information available to us on the date hereof, and we assume no obligation to update any forward-looking statement.

Flowserve Contacts
Investor Contacts:
Jay Roueche, Vice President, Investor Relations & Treasurer, (972) 443-6560

Mike Mullin, Director, Investor Relations, (972) 443-6636

Media Contact:
Lars Rosene, Vice President, Corporate Communications & Public Affairs, (972) 443-6644

So Far This Year, 245,000 Individuals and Businesses Have Answered the Call to Save Energy and Help Support California’s Grid

SAN FRANCISCO--(BUSINESS WIRE)--Energy efficiency experts and environmentalists have long known that the best energy is the energy that you don’t use. That’s the premise behind energy conservation, as well as the guiding principle behind demand-response programs, in which individuals and businesses reduce or shift their energy usage during peak periods to help keep the grid reliable.

Pacific Gas and Electric Company (PG&E) provides a wide range of available demand-response (DR) programs and it continues to grow. Customers are embracing them in a way that benefits them personally and all Californians more broadly.

In all, approximately 245,000 industrial, business and residential customers have enrolled in a variety of demand-response programs. All told, these programs have a potential to provide approximately 365.8 megawatts of load-reduction capacity. roughly enough electricity for the instantaneous demand of about 275,000 homes.

Through Conservation, Companies Connect with Communities

And customers who participate in these DR programs acknowledge and understand their value.

“The Farmers’ Rice Cooperative (FRC) supports the community and environment that makes our industry possible. All FRC locations are enrolled in demand-response programs. FRC feels that demand-response programs are more important than ever to protect California from electrical grid capacity constraints. FRC is more than proud to support the community; it is integral to who we are,” said Joe Schloesser, the FRC’s director of Engineering and Continuous Improvement.

Terranova Ranch, a 6,000-acre farm that grows more than 25 crops in Helm in Fresno County, participates in multiple demand-response programs.

"With operational constraints that don't allow us to completely avoid on-peak TOU, demand response gives us a flexible option to contribute when we can,” said Patrick Pinkard, manager at Terranova Ranch. “Being located in a small community, it's a nice incentive to know our actions can go a long way in helping surrounding homes and businesses keep their lights and AC on, often when they need it the most.”

Tishman Speyer is a global real estate developer operating in 29 markets in nine countries.

“As a high-volume user of electricity, Tishman Speyer wants to do our part in contributing to reducing usage on the grid. Participating in demand-response programs such as the Emergency Load Reduction Program allows us to take an active role for preventing rotating outages in California while ensuring our operational needs are met,” said Scott Lessard, the chief engineer at Tishman Speyer’s property on 400 Castro St. in Mountain View.

And, at Ardent Mills, “our core values are trust, serving, simplicity and safety, and being enrolled in the Base Interruptible Program through PG&E is consistent with our company’s core values,” said Trevor Meyers, plant manager of Ardent Mills’ Stockton Mill facility. “Not only are we concerned with serving our customers and communities with nutritious grain-based solutions, but we can also serve our communities by curtailing our power needs during periods of grid capacity constraints.”

Energy Incentive Programs for Business, Residential Customers

There is a plethora of energy-reduction incentive programs for both business customers and residential customers.

For business customers, for example, there is:

• Peak Day Pricing: Business customers get discounted rates throughout the year, except during nine to 15 “events” (four-hour blocks) when the electric system is strained, and rates are higher. Events typically occur on the hottest days of summer.
• Base Interruptible Program: Business customers with an average maximum demand of at least 100 kilowatts (kW) earn a monthly incentive for reducing energy consumption to prescribed levels when called upon. The Base Interruptible Program has been expanded to year-round enrollment, increasing the incentive to participate in the program by $1.50/kW-month.
• Capacity Bidding Program. Business customers work with third-party programs to create a plan that allows you more flexibility in deciding how you can earn incentives by reducing your energy usage when called upon. The Capacity Bidding Program has expanded to weekends and is implementing other changes that incentivize third-party companies to sign-up even more new customers for their programs to provide greater load reductions during grid emergencies.
• Emergency Load Reduction Program and the California State Emergency Program. Both are voluntary programs that offer positive incentives with no penalties, what’s described as a “all carrot, no stick” approach to mitigate the impacts of capacity shortfalls.

Residential customers can participate in:

• SmartAC. Customers get $50 and a free air-conditioning checkup. The program is free and helps prevent power interruptions.
• SmartRate. Allows customers to take control of their electric rate and help conserve power when needed most. PG&E’s Bill Protection guarantee for the first full summer season means residential customers can try it risk free.

“We’re all in this together – PG&E, our residential and business customers, the state and others,” said Marlene Santos, PG&E’s Chief Customer Officer and a company EVP. “This is a success story based on the engagement of our customers, their awareness of demand-response programs and how they are answering the call.”

Importantly, helping conserve energy isn’t just the job of customers who sign up to participate in DR programs.

During heat waves in 2020 and 2021, where the reliability of the grid was in jeopardy, PG&E customers stepped up and conserved energy. The result was that no more rotating outages were needed after Aug. 14 and 15 last year and none have been needed so far this year. During the August 2020 heat events, PG&E customers and those of other load-serving entities helped reduce the peak demand on the grid by as much as 4,000 MW, roughly enough electricity for the instantaneous demand of about 3 million homes.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news.

Media Relations
415.973.5930

The First and Only National Museum Dedicated to the Surface Navy Teams Up with the Largest Online Community of Military Veterans to Honor All Who Served in the U.S. Navy and Marine Corps

SAN PEDRO, Calif.--(BUSINESS WIRE)--#battleshipiowa--The National Museum of the Surface Navy at the Battleship IOWA, the museum for America’s Surface Navy located aboard the historic Battleship USS Iowa Museum, today announced its strategic partnership with TogetherWeServed.com (TWS), the online community connecting and honoring every American who has worn the uniform of the United States military, that will help promote and preserve the military service histories of all men and women who served in the U.S. Navy and Marine Corps.

As a sponsor and technology partner, TogetherWeServed.com is providing the National Museum of the Surface Navy promotional support via its extensive veteran member base and programming support for its Plank Owner Registration program. Registering as a Plank Owner allows individuals to memorialize their own military service or the service of their loved ones, and includes special benefits including free participation in TogetherWeServed.com which also enables them to reconnect with people they served with.

TogetherWeServed.com will also provide the platform that will showcase comprehensive military service histories of millions of U.S. military veterans on dedicated “Roll of Honor” kiosks located throughout the museum. Visitors will be able to search the Roll of Honor for veterans they knew or served with, and will have the opportunity to join the Roll of Honor themselves if they served in any branch of the U.S. Armed Forces. Visitors are invited to add a memorial profile to the Roll of Honor to remember a family member who served.

“In 2025 on the 250^th birthday of the U.S. Navy, the first and only national museum dedicated to the men and women of the Surface Navy will open aboard Battleship USS Iowa,” said retired Navy Rear Admiral Mike Shatynski, Chairman of the Board of the National Museum of the Surface Navy. “Together We Served will play an integral part in not only helping us build awareness of this incredible museum among Navy and Marine veterans, but will provide the platform that will enable us to incorporate each of these distinguished veterans into the very fabric of the museum.”

“Together We Served is proud to support the National Museum of the Surface Navy,” explained Brian Foster, President and Founder of TogetherWeServed.com “This partnership presents an exciting opportunity to connect our community of Navy and Marine Corps veterans with the nation’s first national museum dedicated to the United States Surface Naval Forces.”

About TogetherWeServed.com

Launched in 2003, Togetherweserved.com is a powerful military veteran search engine and military service history archive enabling active duty and former serving members of the U.S. Armed Forces to locate and connect with those they served with. With 5 individual service branch websites and 2.1 million active duty and veteran members from WW2 to present day, Together We Served is the largest online military network of its type and considered an important archive of visual military records.

About the National Museum of the Surface Navy

Scheduled to open in 2025 aboard the historic Battleship USS Iowa Museum, the National Museum of the Surface Navy is the museum for America’s Surface Navy. The museum’s mission is to raise America’s awareness of the importance of the United States Surface Naval Forces’ role in international relations, free trade, humanitarian assistance, and technological innovation, not just in the past but today and into the future.

Located in the Port of Los Angeles in San Pedro, Calif., Battleship USS Iowa Museum is one of the top five museums and attractions in Los Angeles, bringing the ship’s history to life through in-person and virtual tours and educational programs for youth. In addition to providing a natural platform for veterans and patriotic civilians to come together as a community, Battleship USS Iowa Museum provides a wide array of impactful programs and resources that support the critical needs of our military and veterans.

Media Contact:
Ken Hagihara, APR, Fellow PRSA, MCM
Integrity Public Relations, Inc.
949-768-4423 ext. 101
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PISCATAWAY, N.J.--(BUSINESS WIRE)--#EBL--Teams from around the world are invited to register for and participate in Empower a Billion Lives – II (EBL-II), the biennial global competition to develop and demonstrate viable, holistic and scalable solutions to the challenging problems of severe energy poverty and lack of energy access that impacts billions of people around the world. EBL is organized by the IEEE Power Electronics Society (IEEE PELS) of the Institute of Electrical and Electronics Engineers (IEEE) and its partners.

Three billion people live in severe energy poverty, including 770 million who live without electricity access. With current policies and solutions, it is predicted that by 2030, there will still be around 660 million people without electricity access, falling far short of achieving UN Sustainable Development Goals (SDG7) targeted in the Decade of Action. Providing affordable and sustainable energy access can dramatically impact living standards, health, education, productivity, and ability to be a part of modern society. Solving energy poverty using 21st century technology would also result in reduction of 3.8 gigatons per year in carbon emissions, as compared with the use of traditional 20th century methods. New solutions that can scale are clearly needed.

EBL-II is building on the success of EBL-I, where over 450 teams from 70 countries participated in events, field demonstrations, and at the global final in Baltimore in the US. EBL II seeks to engage teams once again to develop solutions that will have a great impact in energy access, have sound business plans, are regionally relevant, and will scale.

In EBL-I over $500,000 was provided in awards and team support, including a $100,000 grand prize to team SoULS from IIT Bombay, India for an innovative model of Energy Swaraj (energy self-sustainability) based on marrying advanced industrial supply chain principles with a program to boost self-reliance for local women through training, jobs and entrepreneurship, a solution that has already reached over 1 million people. Other global winners include XPower from Rwanda, Reeddi and Havenhill Synergy from Nigeria, Entrepreneurs du Monde and Okra from Cambodia, and SolarWorx from Germany.

The EBL competition encourages multi-disciplinary teams consisting of innovators, entrepreneurs, and researchers, as well as student teams from colleges and universities, to develop and demonstrate innovative and cost-effective solutions that are based on fast-moving 21st century technologies with rapidly declining prices. A primary focus of EBL-II is to reduce technology and market risk, and to achieve scale and impact with solutions that are robust, economically viable, environmentally sustainable, and affordable for those who live on less than $1.90 USD per day.

Liuchen Chang, President of IEEE PELS states that “EBL is a unique program, marrying the latest capabilities in technology with the ability to scale rapidly. It leverages the global presence of IEEE, its preeminent position as a technology leader, and its tremendous volunteer base, to execute such a wide-ranging program. It also aligns very well with IEEE’s mission to advance technology for the benefit of humanity. EBL showcases how the most advanced technologies can be applied to solve problems of energy equity and access, and to do it in a manner that is sustainable and environmentally friendly i.e., good for the planet.” Teams from small and large companies, entrepreneurial start-ups, research institutions, and university students from different parts of the world will provide regional and cultural relevance to the solutions and are all invited to participate.

Please visit www.empowerabillionlives.org to learn more about Empower a Billion Lives II, to view the past winners, and to find out about how to compete in or to become a sponsor.

The Institute of Electrical and Electronics Engineers (IEEE) is the world’s largest technical organization with over 400,000 members/volunteers in 160 countries. The IEEE Power Electronics Society has over 30 years’ experience in facilitating and guiding the development and innovation in the control of electrical power for a wide variety of consumer, commercial, industrial, utility, transportation, and renewable energy applications.

Media: Jane Celusak
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732-562-5316

WYOMISSING, Pa.--(BUSINESS WIRE)--#CayugaRNG--Cayuga RNG Holdings, LLC (“Cayuga RNG”) announced today that it has entered into an agreement to develop its second project to produce renewable natural gas (“RNG”) in upstate New York. This is in addition to the previously announced Spruce Haven Farm initiative. Cayuga RNG is a joint venture of UGI Energy Services, LLC (“UGIES”), a subsidiary of UGI Corporation (NYSE: UGI), and Global Common Energy, LLC (“GCE”).

As previously announced, Cayuga RNG’s first project is being developed at the Spruce Haven Farm (“Spruce Haven”), located in Cayuga County in the Finger Lakes region of New York. The project incorporates an existing anaerobic digester that generates biogas, which is used to produce renewable electricity, and is expected to be completed in the second half of calendar year 2022. Cayuga RNG contracted with Martin Construction Resource, LLC, an industry-leading supplier of RNG equipment, for the gas upgrading equipment at Spruce Haven.

Cayuga RNG’s second project will be located at Allen Farms, which is approximately five miles from Spruce Haven. Allen Farms has contracted with Cayuga RNG to supply dairy waste that will serve as the feedstock for renewable natural gas. The project will include the construction of an anaerobic digester and a combined heat and power project. Once completed in the second half of calendar 2022, the project is expected to produce 85 million cubic feet of environmentally friendly RNG each year. Cayuga RNG is actively pursuing several other projects in the region. GHI Energy, a UGIES subsidiary, will be the exclusive off-taker and marketer of RNG for Cayuga RNG.

“We are very pleased with our expanding opportunities in the Finger Lakes region of New York,” said Robert F. Beard, Executive Vice President, Natural Gas. “Our growing investment in Cayuga RNG demonstrates UGI’s continuing commitment to the development of environmentally responsible energy sources and is consistent with our stated goal of significantly reducing greenhouse gas emissions. Overall, this brings UGI’s total commitment to renewable natural gas projects to over $100 million.”

About UGI Corporation

UGI Corporation is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, natural gas utilities in West Virginia, distributes LPG both domestically (through AmeriGas) and internationally (through UGI International), manages midstream energy assets in Pennsylvania, Ohio, and West Virginia and electric generation assets in Pennsylvania, and engages in energy marketing, including renewable natural gas in the Mid-Atlantic region of the United States, California, and the District of Columbia and internationally in France, Belgium, the Netherlands and the UK.

Comprehensive information about UGI Corporation is available on the Internet at https://www.ugicorp.com.

About GCE

GCE designs, develops, owns and operates various energy projects, including utility scale power plants, renewable fuels projects, microgrids, and on-site generation projects. GCE establishes Strategic Energy Partnerships with our clients to design and implement energy projects that meet their business objectives. GCE has a broad range of experience in all aspects of energy project design, development and financing. GCE has performed innovative feasibility studies and project design; negotiated project agreements needed to enable financing, including complex power purchase agreements (PPAs); engineering, procurement, and construction (EPC) contracts; fuel supply agreements; and secured complex environmental permits in challenging regulatory environments. GCE also has extensive experience developing financial models and securing project financing.

Comprehensive information about GCE is available on the Internet at http://globalcommon.com/

About Spruce Haven Farm

Spruce Haven, a family farm founded in 1987 by Doug and Janet Young, along with Janet’s father, Dave Camp, and currently operates with nearly 2,000 cows and 1,700 heifers.

Spruce Haven works toward responsible and sustainable farming, acting as a research and development center for the dairy industry. The research at Spruce Haven Farm has contributed to products improving dairy performance globally. Spruce Haven also works to improve the lives of its employees and families both in their neighborhood and in Guatemala.

See their website http://pursuehappiness.farm for details of their goals and progress.

About Allen Farms

Allen Farms, established in the early 1950s, is owned and operated by Duane Allen and his brother Gary Allen. The Allen Farms facility in Scipio, New York currently operates with approximately 3,000 cows and 2,000 heifers.

Allen Farms advocates for land stewardship and resource conservation. They appreciate the opportunity to contribute to environmentally attractive energy development and believe that their RNG project will demonstrate how larger dairy farms can benefit both their employee families and many others through their small contribution to reduction of atmospheric methane impacts.

Investor Relations
610-337-1000
Tameka Morris, ext. 6297
Arnab Mukherjee, ext. 7498

DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced recent upgrades by Moody’s Investors Service (“Moody’s”) to the Company’s corporate credit rating and senior unsecured notes.

On September 1, 2021, Moody’s upgraded Matador’s Corporate Family Rating (CFR) from B2 to B1 and upgraded Matador’s senior unsecured notes from B3 to B2. Moody’s also upgraded Matador’s Speculative Grade Liquidity (SGL) rating from SGL-3 to SGL-2 to reflect good liquidity. In its September 1, 2021 press release, Moody’s noted, “The upgrade reflects Matador’s improved cost structure and enhanced free cash flow generation capabilities that should facilitate further deleveraging and volume growth through 2022 in a supportive oil price environment.”

Joseph Wm. Foran, Matador’s Chairman and CEO, commented, “We are very pleased with Moody’s upgrades to our corporate family rating and senior unsecured notes, which reflect our ongoing commitment to repaying debt and strengthening our balance sheet. This upgrade also reflects our strong operational execution. We expect to make additional progress on repaying debt during the third quarter of 2021 and look forward to sharing those results and our operational progress as part of our third quarter earnings release in late October.”

About Matador Resources Company

Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations, primarily through its midstream joint venture, San Mateo, in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties.

For more information, visit Matador Resources Company at www.matadorresources.com.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. “Forward-looking statements” are statements related to future, not past, events. Forward-looking statements are based on current expectations and include any statement that does not directly relate to a current or historical fact. In this context, forward-looking statements often address expected future business and financial performance, and often contain words such as “could,” “believe,” “would,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “should,” “continue,” “plan,” “predict,” “potential,” “project,” “hypothetical,” “forecasted” and similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such forward-looking statements include, but are not limited to, statements about guidance, projected or forecasted financial and operating results, future liquidity, the payment of dividends, results in certain basins, objectives, project timing, expectations and intentions, regulatory and governmental actions and other statements that are not historical facts. Actual results and future events could differ materially from those anticipated in such statements, and such forward-looking statements may not prove to be accurate. These forward-looking statements involve certain risks and uncertainties, including, but not limited to, the following risks related to financial and operational performance: general economic conditions; the Company’s ability to execute its business plan, including whether its drilling program is successful; changes in oil, natural gas and natural gas liquids prices and the demand for oil, natural gas and natural gas liquids; its ability to replace reserves and efficiently develop current reserves; costs of operations; delays and other difficulties related to producing oil, natural gas and natural gas liquids; delays and other difficulties related to regulatory and governmental approvals and restrictions; its ability to make acquisitions on economically acceptable terms; its ability to integrate acquisitions; availability of sufficient capital to execute its business plan, including from future cash flows, increases in its borrowing base and otherwise; weather and environmental conditions; the impact of the worldwide spread of the novel coronavirus, or COVID-19, on oil and natural gas demand, oil and natural gas prices and its business; the operating results of the Company’s midstream joint venture’s Black River cryogenic natural gas processing plant; the timing and operating results of the buildout by the Company’s midstream joint venture of oil, natural gas and water gathering and transportation systems and the drilling of any additional produced water disposal wells; and other important factors that could cause actual results to differ materially from those anticipated or implied in the forward-looking statements. For further discussions of risks and uncertainties, you should refer to Matador’s filings with the Securities and Exchange Commission (“SEC”), including the “Risk Factors” section of Matador’s most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q. Matador undertakes no obligation to update these forward-looking statements to reflect events or circumstances occurring after the date of this press release, except as required by law, including the securities laws of the United States and the rules and regulations of the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement.

Mac Schmitz
Capital Markets Coordinator
(972) 371-5225
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The company announces an additional $500,000 contribution after the storm’s remnants hit the Northeast

HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX) today announced it will contribute an additional $500,000 to the American Red Cross to assist relief efforts in the states affected by Hurricane Ida and its remnants. The latest donation brings the company’s total contribution to the organization’s Ida relief efforts to $1 million.

“We want those affected by Ida to know they are not alone,” said Phillips 66 Chairman and CEO Greg Garland. “The Red Cross is at the fore as the American people and industry marshal resources to help people recover and rebuild, and we are proud at Phillips 66 to support those efforts.”

The storm made landfall on Aug. 29 as a powerful Category 4 hurricane, knocking out power across Louisiana and bringing devastating floodwaters before continuing its march north. Phillips 66 operates assets in both Louisiana and New Jersey, and has confirmed that all of its employees in the affected areas are accounted for and safe.

“The American Red Cross, our volunteers and partners are working around the clock to provide help and hope to thousands of people impacted by Hurricane Ida,” said Gail McGovern, president and CEO of the American Red Cross. “We cannot thank Phillips 66 enough for their generosity, which will enable us to provide shelter, relief supplies, food and comfort to families as they begin to rebuild their lives after this catastrophic storm.”

About Phillips 66

Phillips 66 is a diversified energy manufacturing and logistics company. With a portfolio of Midstream, Chemicals, Refining, and Marketing and Specialties businesses, the company processes, transports, stores and markets fuels and products globally. Phillips 66 Partners, the company’s master limited partnership, is integral to the portfolio. Headquartered in Houston, the company has 14,000 employees committed to safety and operating excellence. Phillips 66 had $57 billion of assets as of June 30, 2021. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.

Bernardo Fallas (media)
855-841-2368
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