Cenovus Energy warns regulatory uncertainty and climate focus are deterring capital for Canada’s oil sands expansion. Cenovus Energy CEO Jon McKenzie stated that Canada’s oil sands sector is losing investment due to policy uncertainty and a climate-focused regulatory envir
RGC Resources projects lower earnings for FY2026 due to an offline LNG peak shaving facility during winter. RGC Resources (RGCO) announced FY2026 earnings per share guidance of $1.31 to $1.37, citing an expected offline LNG peak shaving facility for the coming winter. The
MNR plans to reduce rigs to three and limit reinvestment to under half of operating cash flow next year. Mach Natural Resources LP will shift to three oil-weighted rigs in 2026, down from its current operations. The company aims to reinvest less than 50% of its operating c
US and Iran could restart negotiations as early as next week The US and Iran are working towards resuming talks, with a possible restart as early as next week. The two countries are working with mediators to formulate a 14-point memorandum of understanding that would
The company maintains adjusted EBITDA guidance of $61M-$65M for FY 2026 amid steady execution. I3 Verticals (IIIV) outlined FY 2026 revenue expectations of $221M to $229M, holding adjusted EBITDA steady at $61M to $65M. The guidance reflects continued strategic execution a
Telephone and Data Systems offers to acquire remaining Array Digital shares in a stock deal, driving AD up 14% premarket. Array Digital shares jumped 14% after Telephone and Data Systems proposed an all-stock takeover of the outstanding shares it does not already own. The
Elizabeth Warren demands Meta reveal stablecoin integration details by May 20 ahead of the Clarity Act vote in the Senate. Sen. Elizabeth Warren has called on Meta to fully disclose its stablecoin plans before the Senate votes on the Clarity Act, a bill aimed at regulating
Legacy Housing reports Q1 2026 net income of $10.9 million, up from $10.3 million year-over-year, despite a revenue decline. Legacy Housing Corporation posted Q1 2026 net income of $10.9 million, a 5.8% increase from $10.3 million in the same period last year. Diluted earn
The business development company announces a new repurchase plan while maintaining its quarterly base dividend unchanged. Goldman Sachs BDC (GSBD) announced a new $75 million share repurchase plan under Rule 10b5-1, aiming to return capital to shareholders. The company wil
JOUT projects a $4M-$5M annual tax expense as component costs weigh on margins despite Q2 revenue growth. Johnson Outdoors expects a $4M-$5M full-year tax expense in 2026 due to rising component costs, according to management commentary. The company reported a 15.5% revenu
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