BARNETT

Summit Midstream Partners, LP Reports First Quarter 2024 Financial and Operating Results

Retrieved on: 
Thursday, May 2, 2024
Permian, Condensate, Sale, SMU, Summit, Weather, FCF, Natural gas, Delaware Basin, Bullfighter, Public expenditure, DCF, OGC, Acquisition, Adjustment, Double

HOUSTON, May 2, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended March 31, 2024.

Key Points: 
  • HOUSTON, May 2, 2024 /PRNewswire/ -- Summit Midstream Partners, LP (NYSE: SMLP) ("Summit", "SMLP" or the "Partnership") announced today its financial and operating results for the three months ended March 31, 2024.
  • Heath Deneke, President, Chief Executive Officer, and Chairman, commented, "Summit's first quarter 2024 financial and operating results were generally in line with management expectations, despite severe winter weather in the DJ Basin impacting volumes in January.
  • On May 1, 2024 Mountaineer Midstream, LLC, a wholly owned subsidiary of SMLP, sold the Mountaineer Midstream System to Antero Midstream LLC.
  • There were 57 new wells connected during the quarter, including 39 in the DJ Basin and 18 in the Williston Basin.

RAD AI Announces Strategic Artificial Intelligence Buyout Plan to Propel Growth and Advance the Creator Economy

Retrieved on: 
Tuesday, April 23, 2024
Technology, Other Professional Services, Venture Capital, Finance, Small Business, Professional Services, Artificial Intelligence, Marketing, Software, Digital Marketing, Advertising, Communications, Fintech, Content Marketing, Multimedia, P&L, ROI, AIBO, Regulation, RAD, Sales

RAD AI , the leader in AI-powered audience-first marketing and communications solutions, today unveiled its new strategy to rapidly reform the industry's landscape: Artificial Intelligence Buyouts (AIBOs).

Key Points: 
  • RAD AI , the leader in AI-powered audience-first marketing and communications solutions, today unveiled its new strategy to rapidly reform the industry's landscape: Artificial Intelligence Buyouts (AIBOs).
  • This strategic endeavor is designed to revolutionize the landscape by acquiring small- and medium-sized agencies, initially focusing on those operating within the creator economy.
  • View the full release here: https://www.businesswire.com/news/home/20240423009458/en/
    RAD AI helps brands create content that resonates deeply with their target audience and, most importantly, delivers outsized ROI.
  • "Introducing AIBOs as our premier growth strategy could significantly increase shareholder value," said RAD AI CEO Jeremy Barnett.

Epsilon Announces and Closes an Acquisition in the Permian Basin

Retrieved on: 
Tuesday, February 27, 2024
Permian, EPSN, Acquisition, PDP

Epsilon is pleased to announce the closing of a third transaction in the Permian Basin over the last twelve months, and the second with a Midland-based private operator focused on Mississippian development in Ector County, Texas on the Central Basin Platform.

Key Points: 
  • Epsilon is pleased to announce the closing of a third transaction in the Permian Basin over the last twelve months, and the second with a Midland-based private operator focused on Mississippian development in Ector County, Texas on the Central Basin Platform.
  • The acquired assets are a 25% working interest in 3 producing wells and 3,246 gross undeveloped acres.
  • The assets are directly offset to the Company’s existing assets in the play (together, the “Pradera Fuego Project” or “Pradera”).
  • Jason Stabell, Epsilon’s Chief Executive Officer, commented, “We are excited to announce this bolt-on acquisition to our existing assets in the Permian Basin.

Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2023 Financial and Operating Results

Retrieved on: 
Tuesday, February 20, 2024
Delaware Basin, Share repurchase, Free cash flow, Natural gas, Transport, PDP, Sale, PUD, Security (finance), Hand, G&A

During the fourth quarter of 2023, Diamondback drilled 80 gross wells in the Midland Basin and four gross wells in the Delaware Basin.

Key Points: 
  • During the fourth quarter of 2023, Diamondback drilled 80 gross wells in the Midland Basin and four gross wells in the Delaware Basin.
  • Diamondback's fourth quarter 2023 net income was $960 million, or $5.34 per diluted share.
  • Fourth quarter 2023 net cash provided by operating activities was $1.6 billion.
  • Fourth quarter 2023 Consolidated Adjusted EBITDA (as defined and reconciled below) was $1.7 billion.

Newmark Lands Leading National Affordable Housing Advisory Team

Retrieved on: 
Thursday, February 15, 2024
Tax credit, Newmark Group, Capital market, AHA, Sun Belt, Growth, Marcus & Millichap, Section 8, Housing, Video game

NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has hired the team formerly with Affordable Housing Advisors (AHA) – a leading brokerage team and platform previously housed out of Marcus & Millichap.

Key Points: 
  • NEW YORK, Feb. 15, 2024 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark"), a leading commercial real estate advisor and service provider to large institutional investors, global corporations, and other owners and occupiers, announces it has hired the team formerly with Affordable Housing Advisors (AHA) – a leading brokerage team and platform previously housed out of Marcus & Millichap.
  • The team, which will operate as Newmark Affordable Housing Advisors, or NAHA, is led by Vice Chairmen and Co-Heads of Affordable Housing, Andrew Daitch, Steven Miscavish, Seth Barnett and Matthew Kurzmann, who will tap into Newmark's extensive resources while continuing to provide expert market knowledge and advisory services to clients in the affordable housing industry.
  • Founded in 1987, AHA was one of the first brokerage groups to specialize in affordable housing, establishing themselves as the U.S. industry leader.
  • Steven Miscavish has over 22 years of industry expertise and leads the underwriting team that reviews more than 1,500 affordable housing properties annually.

Evolution Petroleum Reports Second Quarter Fiscal 2024 Results and Declares Quarterly Cash Dividend for the Fiscal 2024 Third Quarter

Retrieved on: 
Tuesday, February 6, 2024
Carbon, ExxonMobil, GAAP, International, NGL, Tax, Jonah Field, Interest, Transport, Henry Hub, BOPD, Evolution, Public expenditure, MCF, LOE, Central Time, Acquisition, Natural gas, Webcast

Evolution reported $21.0 million of total revenue for the current quarter, a 2% increase from the prior quarter.

Key Points: 
  • Evolution reported $21.0 million of total revenue for the current quarter, a 2% increase from the prior quarter.
  • Lease operating costs (“LOE”) increased $0.5 million, or 4% from $11.9 million in the prior quarter to $12.4 million in the current quarter.
  • During the second quarter of fiscal 2024, the Company fully funded operations, development capital expenditures, and cash dividends through cash generated from operations and working capital.
  • As previously announced, Evolution Petroleum will host a conference call on February 7, 2024, at 10:00 a.m. Central Time to review its second quarter fiscal 2024 financial and operating results.

LG Ad Solutions Names Angela Barnett as Head of Corporate Communications

Retrieved on: 
Tuesday, January 23, 2024
Marketing, Advertising, Communications, Entertainment, TV and Radio, Multimedia, Organization, IAS, Head, CMO, CTV, Corporate communication, Communication

LG Ad Solutions, a global leader in connected TV (CTV) and cross-screen advertising, announced today the appointment of Angela Barnett as Head of Corporate Communications.

Key Points: 
  • LG Ad Solutions, a global leader in connected TV (CTV) and cross-screen advertising, announced today the appointment of Angela Barnett as Head of Corporate Communications.
  • View the full release here: https://www.businesswire.com/news/home/20240123200728/en/
    Barnett is an accomplished corporate communications leader with extensive expertise in advertising technology.
  • Before joining LG Ad Solutions, she spearheaded communications efforts for prominent organizations such as GumGum and IAS, where she established best-in-class communications programs, focusing on enhancing brand awareness and reputation across key audiences and regions.
  • As a communicator, I’m eager to contribute to the global growth of LG Ad Solutions, expanding market share, and fostering brand adoption among key stakeholders," said Barnett.

Matador Resources Company Announces Promotions

Retrieved on: 
Monday, January 10, 2022
Other Energy, Utilities, Oil, Gas, Alternative Energy, Energy, Nuclear

Mr. Adams, age 55, joined Matador Resources Company in September 2012 as its Vice President and General Counsel.

Key Points: 
  • Mr. Adams, age 55, joined Matador Resources Company in September 2012 as its Vice President and General Counsel.
  • Before joining Matador Resources Company, Mr. Adams was a partner with Baker Botts L.L.P.
  • Mr. Krug, age 61, served as Marketing Manager for Matador Resources Company from 2005 to 2006 and re-joined Matador Resources Company in April 2012 as its Marketing Manager.
  • Mr. Macalik, age 43, joined Matador Resources Company in July 2015 as Vice President and Chief Accounting Officer.

OmniTRAX, City of Washington Economic Development Office Initiate Promotion of Rail-Ready Sites on Georgia Woodlands Railroad

Retrieved on: 
Wednesday, January 13, 2021
Commercial Building & Real Estate, Construction & Property, Agriculture, Natural Resources, White House, Federal Government, Other Manufacturing, State, Local, Textiles, Steel, Packaging, Other Transport, Engineering, Chemicals, Plastics, Urban planning, Rail, Automotive Manufacturing, Maritime, Aerospace, Manufacturing, Transport, Public policy, Government, Retail, Building Systems, Supply chain management, Other Construction & Property, Mining, Minerals, Forest Products, OmniTRAX, Georgia Woodlands Railroad, OmniTRAX, Inc., The Broe Group

OmniTRAX Inc., a comprehensive logistics solutions provider and affiliate of The Broe Group, is working with the Economic Development office of the City of Washington, Ga. to bring its Rail-Ready Sites program to the Georgia Woodlands Railroad (GWRC).

Key Points: 
  • OmniTRAX Inc., a comprehensive logistics solutions provider and affiliate of The Broe Group, is working with the Economic Development office of the City of Washington, Ga. to bring its Rail-Ready Sites program to the Georgia Woodlands Railroad (GWRC).
  • The OmniTRAX Rail-Ready Sites program connects companies looking to maximize supply chain performance with rail-served properties.
  • The GWRC interchanges with CSX in Barnett, Ga. and provides numerous customers with regional logistics services, including bulk transfer-distribution and railcar storage.
  • To review the available sites and learn more about how OmniTRAX helps companies locate on rail-served properties, visit this link .