Associated tags: Carbon, OEC, Orion, Plant, Ink, Plastic, NYSE
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HOUSTON, May 09, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced a significant contract award valued at nearly $80 million for its Marine construction business.
Key Points:
- HOUSTON, May 09, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today announced a significant contract award valued at nearly $80 million for its Marine construction business.
- The contract was awarded by Port Everglades Seaport Engineering & Construction Division through Moss Construction as Managing General Contractor for the Port Everglades Bulkhead Replacement Project – Group 1, a pivotal infrastructure upgrade at one of the nation’s busiest ports.
- Orion has supported Port Everglades and worked with Moss successfully on previous projects.
- Orion Group Holdings won the Port Everglades Bulkhead Replacement Project award through a competitive bid process.
Manufacturing,
Other Manufacturing,
Tires & Rubber,
Automotive,
Chemicals,
Plastics,
Share repurchase,
OEC,
GAAP,
Growth,
Plant,
Bank “Congratulations to the team on our first quarter results.
Key Points:
- “Congratulations to the team on our first quarter results.
- We expect to deliver another year of growth in 2024, as well as meaningful progress towards our financial and operational goals,” said Mr. Painter.
- Jeff Glajch, Orion’s chief financial officer added, “As Corning mentioned, we reported much improved sequential results.
- While year over year results were lower, please recall that we reported and discussed non-repeating favorable items in the first quarter of 2023.
Retrieved on:
Wednesday, April 24, 2024
Loan,
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Conference,
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Orion,
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Pearl Harbor,
Consolidated,
Adjustment,
Concrete HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the first quarter ended March 31, 2024.
Key Points:
- HOUSTON, April 24, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the “Company”), a leading specialty construction company, today reported its financial results for the first quarter ended March 31, 2024.
- First quarter 2024 net loss included $2.1 million ($0.07 diluted income per share) of non-recurring items.
- Orion Group Holdings will host a conference call to discuss results for the first quarter 2024 at 9:00 a.m. Eastern Time/8:00 a.m. Central Time on Thursday, April 25, 2024.
- To participate, please call (844) 481-2994 and ask for the Orion Group Holdings Conference Call.
Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the third quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
Key Points:
- Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that its board of directors has declared an interim dividend to be paid in the third quarter of 2024 of $0.0207 per common share of the company, which is equivalent to the aggregate amount of approximately $1.25 million based on the number of common shares currently outstanding.
- The interim dividend will be paid on July 2, 2024, to holders of record as of the close of business on June 11, 2024.
- Luxembourg withholding tax at a rate of 15% will be deducted from each interim dividend, subject to exemptions and reductions in certain circumstances.
Retrieved on:
Wednesday, April 24, 2024
Orion S.A. (NYSE: OEC), a global specialty chemical company, announced today its 2024 sustainability rating from EcoVadis has been raised from Gold to Platinum, the highest possible distinction.
Key Points:
- Orion S.A. (NYSE: OEC), a global specialty chemical company, announced today its 2024 sustainability rating from EcoVadis has been raised from Gold to Platinum, the highest possible distinction.
- Orion now ranks among the top 1% of the companies assessed by EcoVadis, one of the world’s largest providers of business sustainability ratings.
- “Achieving the Platinum rating is a huge milestone for Orion considering that just three years ago we were at the Silver level.
- I want to congratulate our global team for their commitment and dedication,” said Orion CEO Corning Painter.
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Batteries,
Automotive,
Chemicals,
Plastics,
Technology,
Tires & Rubber,
Mining,
Minerals,
Manufacturing,
OEC,
EDT Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that the company will release its first quarter 2024 results after the market closes on Thursday, May 2, 2024, to be followed by a conference call on Friday, May 3, 2024, at 8:30 a.m. (EDT).
Key Points:
- Orion S.A. (NYSE: OEC), a specialty chemical company, today announced that the company will release its first quarter 2024 results after the market closes on Thursday, May 2, 2024, to be followed by a conference call on Friday, May 3, 2024, at 8:30 a.m. (EDT).
- The dial-in details for the live conference call are as follow:
A replay of the conference call may be accessed by phone at the following numbers through Thursday, May 16, 2024:
HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the "Company"), a leading specialty construction company, today announced that it will issue its first quarter 2024 financial results after the close of the stock market on Wednesday, April 24, 2024.
Key Points:
- HOUSTON, April 09, 2024 (GLOBE NEWSWIRE) -- Orion Group Holdings, Inc. (NYSE: ORN) (the "Company"), a leading specialty construction company, today announced that it will issue its first quarter 2024 financial results after the close of the stock market on Wednesday, April 24, 2024.
- A conference call and audio webcast with analysts and investors will be held the next day, Thursday April 25, at 9:00 a.m. Eastern Time/8:00 a.m. Central Time to discuss the results and answer questions.
Effective upon Mr. Daerr’s retirement, the Board has determined to reduce its size from eight directors to seven directors, six of whom are independent.
Key Points:
- Effective upon Mr. Daerr’s retirement, the Board has determined to reduce its size from eight directors to seven directors, six of whom are independent.
- Austin Shanfelter, Orion’s Chairman of the Board, commented, “We want to thank Richard for his years of service to the Company and his many valuable contributions, including his board leadership in the transition of Orion to a public company, establishing the standards for governance, the growth of the Company, and agreeing to serve as our Lead Independent Director through our recent executive transition.
- We wish him all the best in his future endeavors.”
Mr. Daerr stated, “It has been my distinct honor to serve on this Board for almost seventeen years and lead the Board for almost all of that time.
- I am proud of the tremendous transformation the Company has achieved over this time, and I leave with great confidence in Orion’s future and the strength of its Board.”
Technology,
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Plastics,
Manufacturing,
Electricity,
OEC,
LyondellBasell,
Wind,
Carbon,
Orion,
LYB,
Acetylene The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.
Key Points:
- The battery additives produced by Orion’s plant will be super clean, with only one-tenth of the carbon footprint of other commonly used materials.
- “Orion is already the sole producer of acetylene-based conductive additives in Europe,” Orion CEO Corning Painter said at the groundbreaking ceremony.
- “Our plant in La Porte will be a pivotal step toward strengthening the regional supply of conductive additives in the rapidly growing U.S. battery market.”
Every battery requires conductive additives.
- The additives produced at the La Porte plant will be made from acetylene, a colorless gas that Orion’s production process turns into powder with exceptional purity demanded by leading battery manufacturers.
Software,
Personal Finance,
Finance,
Asset Management,
Data Management,
Professional Services,
Technology,
Fintech,
Sample size determination,
Estate planning,
History,
Acquisition,
Workflow,
AUM,
Estate,
Financial adviser This timely addition to the Orion Planning platform seeks to empower financial advisors to take a lead role in guiding families through the largest intergenerational wealth transfer in history.
Key Points:
- This timely addition to the Orion Planning platform seeks to empower financial advisors to take a lead role in guiding families through the largest intergenerational wealth transfer in history.
- It is designed to significantly streamline the estate planning process and highlight critical estate planning outcomes, enhancing the experience for both advisors and clients.
- Key features include:
Intuitive, Transparent Visualization: The ability to distill complex estate planning information into easy-to-understand visualizations – both as an estate planning flowchart and a comprehensive table view.
- Estate Planning 'What-Ifs': The capability to model hypothetical scenarios, allowing advisors and clients to assess the impact of different estate planning strategies and decisions.
