Energy News

LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, reported first quarter 2025 financial results today through an earnings release posted on the company’s Investor Relations website at http://investors.nvent.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and is available here. The company will also hold a conference call with analysts and investors at 9:00 a.m...

PARSIPPANY, N.J.--(BUSINESS WIRE)--AdvanSix Announces First Quarter 2025 Financial Results...

HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) (the "Partnership") today reported net income attributable to the Partnership in the first quarter of 2025 of $4.9 million, or $0.14 per limited partner unit, which was below first quarter 2024 net income of $14.8 million. Cash flows from operating activities in the first quarter of 2025 were $45.8 million, a decrease of $58.8 million compared to first quarter 2024 cash flows from operating activities of $104.6 million, due to...

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that first quarter 2025 earnings per share were $2.45, a first quarter record and up 20% over the first quarter of 2024. Excluding charges of $0.21 per share related to intangible amortization, $0.04 per share related to a multi-year restructuring program, and $0.02 per share related to acquisitions and divestitures, adjusted earnings per share of $2.72 were a first quarter record and...

SPRING, Texas--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM): Results Summary                       Dollars in millions (except per share data) 1Q25 4Q24 Change vs 4Q24 1Q24 Change vs 1Q24 Earnings (U.S. GAAP) 7,713 7,610 +103 8,220 -507 Earnings Excluding Identified Items (non-GAAP) 7,713 7,394 +319 8,220 -507             Earnings Per Common Share ² 1.76 1.72 +0.04 2.06 -0.30 Earnings Excluding Identified Items Per Common Share (non-GAAP) ² 1.76 1.67 +0.09 2.06 -0.30 Exxon Mobil Corporati...

KANSAS CITY, Mo.--(BUSINESS WIRE)--Custom Truck One Source, Inc. (NYSE: CTOS) today announced that Chief Executive Officer, Ryan McMonagle, and Chief Financial Officer, Chris Eperjesy, will participate in a fireside chat and meet with institutional investors at the Oppenheimer 20th Annual Industrial Growth Conference on Tuesday, May 6, 2025. The conference is taking place virtually. The fireside chat is scheduled to begin at 11:15 a.m. ET. A live audio-only webcast of the fireside chat will be...

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) reported earnings of $3.5 billion ($2.00 per share - diluted) for first quarter 2025, compared with $5.5 billion ($2.97 per share - diluted) in first quarter 2024. Included in the quarter was a net loss of $175 million related to legal reserves and a tax charge due to changes in the energy profits levy in the United Kingdom that were partially offset by the fair value measurement of Hess Corporation shares. Foreign currency effects decre...

HOUSTON--(BUSINESS WIRE)--Flowco Holdings Inc. (NYSE: FLOC) (“Flowco” or the “Company”), a provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry, today announced that its Board of Directors has declared a quarterly cash dividend of $0.08 per share of Class A common stock payable on May 28, 2025 to Class A common stockholders of record as of the close of business on May 14, 2025. Flowco MergeCo LLC, the Company’s operating subsi...

STAMFORD, Conn.--(BUSINESS WIRE)--Dorian LPG Ltd. (NYSE: LPG) (the “Company,” “Dorian LPG,” “we,” “us,” and “our”), today announced that its Board of Directors has declared an irregular cash dividend of $0.50 per share of the Company’s common stock. The total dividends to be paid will amount to approximately $21.3 million. The irregular dividend is payable on or about May 30, 2025 to all shareholders of record as of the close of business on May 16, 2025. Forward-Looking & Other Cautionary S...

SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code: “BWLP”) hereby publishes the Directors’ Statement, Audited Financial Statements for the financial year ended 31 December 2024 and the Auditor’s Report thereon, which will be tabled for adoption by the shareholders at the Company’s Annual General Meeting to be held on 15 May 2025. The report can be found on the Company’s website at www.bwlpg.com/investors/reports-presentations/....