Enables long-range, pier-launched, fully autonomous seabed surveys
BOSTON--(BUSINESS WIRE)--Dive Technologies, Inc., a Boston-based subsea robotics designer and manufacturer, today announced a commercial partnership with Metron, Inc. This partnership will directly support the commercialization of Metron’s Autonomy, Navigation, Command & Control (ANCC) software suite on Dive Technologies’ large displacement autonomous underwater vehicle (AUV), the DIVE-LD. Initial sea testing of the DIVE-LD with ANCC software was completed in December 2020.
“The DIVE-LD is pier-launched and designed to stay at sea for up to ten days. The capability of Metron’s advanced autonomy technology is paramount to the AUV’s mission success,” says Bill Lebo, Co-Founder of Dive Technologies. “Metron’s ANCC suite is a critical enabler to the DIVE-LD’s success in long duration survey missions for our offshore oil and gas and wind customers where unplanned contingencies occur and mission failure is not an option.”
Metron’s advanced autonomy software system is based on nearly a decade of research and development focused on enabling long-duration underwater missions in complex and dynamic environments. Capabilities such as obstacle avoidance and dynamic mission replanning and re-tasking are enabled through internal simulations that allow the vehicle to play out potential future scenarios and make the best decisions leading to overall mission success.
“We’re excited to bring this partnership to life this spring as we embark on our first commercial survey jobs off the east coast,” continues Lebo.
“Metron is thrilled to bring our autonomy experience to the commercial market in partnership with Dive Technologies,” says Van Gurley, CEO of Metron. “Our capabilities for advanced, onboard decision-making combined with the DIVE-LD’s endurance and low cost creates a unique capability for clients. Our systems provide for the autonomous decision-making and dynamic onboard mission replanning that is necessary for reliable, long duration operations where mission failure would be costly and human intervention not always possible.”
About Dive Technologies: Founded in 2018, Dive Technologies designs, develops, and deploys premier autonomous underwater vehicles for large-scale commercial and defense data collection. Utilizing deep domain expertise, Dive Technologies is building highly scalable and flexible, fastest to the sea, and best-in-class AUV platforms that combine purpose-driven technology with an intuitive architecture to help customers rapidly and efficiently collect underwater data. For more information, please visit www.divetechnologies.com.
About Metron: Metron, Inc. has a 35 year history of developing innovative solutions to the most challenging technical problems through a rigorous first-principles problem-solving approach. Metron delivers creative, tailored solutions at the intersection of advanced mathematics, computer science, physics, and engineering. Core capabilities in the advanced autonomy domain include sortie and mission planning software, physical systems modeling, mission and platform level modelling and simulation, and failure forecasting and mitigation in autonomous systems. For more information, please visit www.metsci.com.
Sam Russo
Dive Technologies, Inc.
617.275.5500
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Aaron Wagner
Metron, Inc.
703.326.2932
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LONDON & PARIS & HOUSTON--(BUSINESS WIRE)--Regulatory News:
TechnipFMC (NYSE:FTI) (Paris:FTI) (ISIN:GB00BDSFG982) will issue its first quarter 2021 earnings release after the close of the New York Stock Exchange on Tuesday, April 27, 2021. The Company will also host its first quarter 2021 earnings release teleconference on Wednesday, April 28, 2021, at 1 p.m. London time (8 a.m. New York time).
To participate in the conference call, you may call any of the following telephone numbers approximately 10 minutes prior to the scheduled start time:
France: |
+33 (0) 1 70 80 71 53 |
United Kingdom: |
+44 (0) 203 107 0289 |
United States: |
+1 844 304 0775 |
International (Other): |
+1 970 297 2369 |
Callers should reference Conference ID 9651217. |
|
The event will be webcast simultaneously and can be accessed at https://edge.media-server.com/mmc/p/a5d5k9an.
Those interested in listening to the webcast should register on the website at least 10 minutes before the call begins.
An audio replay of the call will be available online at approximately 8 p.m. London time (3 p.m. New York time) on April 28, 2021.
About TechnipFMC
TechnipFMC is a leading technology provider to the traditional and new energy industries, delivering fully integrated projects, products, and services.
With our proprietary technologies and comprehensive solutions, we are transforming our clients’ project economics, helping them unlock new possibilities to develop energy resources while reducing carbon intensity and supporting their energy transition ambitions.
Organized in two business segments — Subsea and Surface Technologies — we will continue to advance the industry with our pioneering integrated ecosystems (such as iEPCI™, iFEED™ and iComplete™), technology leadership and digital innovation.
Each of our approximately 20,000 employees is driven by a commitment to our clients’ success, and a culture of strong execution, purposeful innovation, and challenging industry conventions.
TechnipFMC utilizes its website as a channel of distribution of material company information. To learn more about how we are driving change in the industry, go to www.TechnipFMC.com and follow us on Twitter @TechnipFMC.
Investor relations
Matt Seinsheimer
Vice President Investor Relations
Tel: +1 281 260 3665
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James Davis
Senior Manager Investor Relations
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Media relations
Nicola Cameron
Vice President Corporate Communications
Tel: +44 1383 742297
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Brooke Robertson
Public Relations Director
Tel: +1 281 591 4108
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DUBLIN--(BUSINESS WIRE)--The "Solar Energy Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.
The global solar energy market is expected to grow at a compound annual growth rate of 5.12% over the forecast period to reach a market size of US$267.747 billion in 2026 from US$68.579 billion in 2019.
The global solar energy market is growing at a significant rate in the recent years and have been expected to increase more in the upcoming years. The major driving forces for such a growth in this market are increasing concerns of the economies towards the environment sustainability and decarbonization making the power energy companies to improvise their technology towards renewable sources in an efficient way. To support this, governments are also providing the rebate policies to further promote the renewable energy market. Solar energy comes up as third renewable source of energy across the world, and one of the reliable sources from household consumption's point of view. People can have solar energy systems at their rooftops and though, the main concern for the general people to use the cost and the space of plantation of the solar energy. The COVID-19 has slowed the progress a little, but as per IEA report, the renewable energy sector is most resilient to the crisis and will continue to grow as forecasted. Despite the disruption in each sector, solar energy is expected to remain resilient in 2020. However, irrespective of the growing revenue, the cost of production for companies is also decreasing due to government policies, thus, increasing the scope of future strategic investment for the companies in the coming years.
In the upcoming years, all the countries have potential growth of the solar energy, Germany, India, and US are having the significant potential to grow. India is planning to increase the dependency of electricity more on the renewable sources to 55% by 2030 as the demand has been projected to increase by 15280 TWH by 2040 and investments will increase to US$ 500 billion by 2028 (source: IBEF). It can be noticed that there may be a growth of the PV solar plants in the coming period due to cost-competitiveness. While US has accounted for the 8300 MW installed capacity in 43 states in 2019, representing over 70% of all the commercial solar capacity installed in the US (source: SEIA)). The top companies of the US are also shifting their technology towards the solar energy, having Apple and Amazon having the highest installed capacity among them
Companies Mentioned
Key Topics Covered:
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.4. Industry Value Chain Analysis
5. Global Solar Energy Market Analysis, By Product type
5.1. Introduction
5.2. Silicon
5.3. Thin Sheet
5.4. Poly-crystalline
5.5. Mono-crystalline
6. Global Solar Energy Market Analysis, By Area
6.1. Introduction
6.2. Rural areas
6.3. Urban areas
7. Global Solar Energy Market Analysis, By technology
7.1. Introduction
7.2. PV
7.3. CSP
7.4. Solar heating and cooling
8. Global Solar Energy Market Analysis, By Application
8.1. Introduction
8.2. Residential
8.3. Commercial/Industrialization
9. Global Solar Energy Market Analysis, by Geography
9.1. Introduction
9.2. North America
9.3. South America
9.4. Europe
9.5. Middle East and Africa
9.6. Asia
10. Competitive Environment and Analysis
10.1. Major Players and Strategy Analysis
10.2. Emerging Players and Market Lucrativeness
10.3. Mergers, Acquisitions, Agreements, and Collaborations
10.4. Vendor Competitiveness Matrix
11. Company Profiles
11.1. Jinko Solar (China)
11.2. JA Solar Technology Co Ltd (Parent company - China)
11.3. Trina Solar (China)
11.4. LONGi Solar
11.5. Canadian Solar
11.6. Hanwha Q-CELLS (South Korea)
11.7. Risen Energy (China)
11.8. GCL-SI (China)
11.9. First Solar (US))
11.10. Talesun Energy
11.11. SunPower Corporation (US)
11.12. Adani Group (India)
11.13. Azure Power Global Limited (India)
11.14. Tata Power (India)
11.15. Sunways AG (in doubt)
11.16. Motech Industries (Taiwan)
11.17. Urja Global Ltd (India)
11.18. Waaree group (India)
11.19. BrightSource Energy Inc (US)
11.20. eSolar Inc (US)
11.21. Yingli Solar
11.22. Wuxi Suntech Power Co Ltd
For more information about this report visit https://www.researchandmarkets.com/r/jblasf
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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HOUSTON--(BUSINESS WIRE)--This is to advise you that BP Prudhoe Bay Royalty Trust (NYSE: BPT) announces that the dividend information for the First Quarter of 2021 is as follows:
Ex- Dividend Date: |
April 15, 2021 |
|
Record Date: |
April 16, 2021 |
|
Payable Date: |
April 20, 2021 |
|
Dividend Rate: |
$0.00 per Unit* |
* |
Actual average daily production for the quarter was 74,574 BBLS. |
As provided in the Trust Agreement of the Trust, the quarterly royalty payment by BP Alaska to the Trust is the sum of the individual revenues attributed to the Trust as calculated each day during the quarter. The amount of such revenues is obtained by multiplying Royalty Production for each day in the calendar quarter by the Per Barrel Royalty for that day. Pursuant to the Trust Agreement, the Per Barrel Royalty for any day is the WTI Price for the day less the sum of (i) Chargeable Costs multiplied by the Cost Adjustment Factor and (ii) Production Taxes. As discussed in Item 1A “RISK FACTORS”, of the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020, on January 1, 2021, the “break-even” WTI price (the price at which all taxes and prescribed deductions are equal to the WTI price) for the Trust to receive a positive Per Barrel Royalty with respect to a particular day’s production was $60.72. While the average first quarter 2021 WTI price increased to $57.82 from an average of $42.66 for the fourth quarter of 2020, the daily closing WTI price ranged from approximately $48 to $66 per barrel during the quarter such that the average daily WTI price was below the “break-even” point for the quarter, resulting in a negative value for the payment calculation for the quarter. However, as provided in the Trust Agreement, the payment with respect to the Royalty Interest for any calendar quarter may not be less than zero.
Neither the Trust nor the Trustee intends, and neither assumes any obligation, to update any of the statements included in this press release. An investment in units issued by the Trust is subject to the risks described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020, the Trust’s subsequent Quarterly Reports on Form 10-Q, and all of the Trust’s other filings with the SEC. The Trust’s annual, quarterly and other filed reports are or will be available over the Internet at the SEC’s website at http://www.sec.gov.
Any questions, please feel free to contact The Bank of New York Mellon Trust Company, N.A. at 713-483-6020.
The Bank of New York Mellon Trust Company, N.A.
Elaina Rodgers
713-483-6020
In-person, online courses and comprehensive assessments support compliance with Maritime Transportation Security Administration, International Maritime Organization, and U.S. Coast Guard requirements and directives.
GREENVILLE, S.C.--(BUSINESS WIRE)--#CyberPHA--aeCyberSolutions, the Industrial Cybersecurity division of aeSolutions, announces a series of new maritime assessment services and training to help maritime facility security officers (FSOs) ensure compliance with Maritime Transportation Security Administration (MTSA), International Maritime Organization (IMO) and U.S. Coast Guard requirements and directives.
Both the IMO and MTSA Maritime Transportation Cybersecurity Assessment services provide a comprehensive third-party cybersecurity assessment of a facility's compliance including documentation ready for annexation into existing Facility Security Assessments (FSA) and Facility Security Plans (FSP). In the case of IMO, the service ensures compliance to the IMO MSC-FAL.1/Circ.3 guidance for addressing cyber risks at regulated facilities and for the MTSA the service ensures compliance to the corresponding US Coast Guard NVIC 01-20 guidance for addressing cyber risks at MTSA regulated facilities.
“While maritime facility security officers are responsible for compliance with cybersecurity regulations, many may not have the skills, resources, or bandwidth to conduct facility cybersecurity assessments and produce the required documentation,” said John Cusimano, Vice President of aeCyberSolutions.
“Cyber-attacks on maritime transportation infrastructure can have devastating consequences, both regionally and globally. Increasing threats, vulnerabilities in legacy systems, and additional exposure introduced by new technologies (i.e., digital transformation, Internet of Things (IoT) connectivity, cloud-based technologies, remote operations) increases the likelihood of successful attacks.”
Both services include an on-scene survey to examine and evaluate existing facility cybersecurity measures, procedures, and operations. Additionally, aeSolutions will analyze the vulnerabilities found during the on-scene survey and provide recommendations to establish and prioritize the cybersecurity measures for inclusion in the facility security plan (FSP).
In addition to the new assessment services, aeCyberSolutions is also introducing a maritime FSO Cybersecurity Training program. Developed and instructed by experienced maritime cybersecurity experts and offered in-person or online, the training course covers cybersecurity fundamentals for maritime FSOs. Participants also will be instructed on relevant regulatory requirements, such as those established by MTSA, the U.S. Coast Guard, and the International Maritime Organization (IMO).
Additionally, course participants will learn cybersecurity principles and the “jargon” needed to communicate with internal and external cybersecurity consultants, making them better prepared to specify the services required to meet the intent of the regulations and standards. Likewise, participants will learn how to interpret the findings from a cybersecurity assessment and use those to develop a cybersecurity plan that can be annexed into the existing facility security plan.
Please visit aeCyberSolutions’ Maritime OT Cybersecurity webpage, https://www.aesolutions.com/maritime, for more details.
About aeCyberSolutions™
aeCyberSolutions, the Industrial Cybersecurity division of aeSolutions, exclusively provides industrial cybersecurity services including risk assessments, program development, implementation, support, and training to clients in oil and gas, chemicals, maritime, water, industrial gases, and other process industries. A leader in the intersection of cybersecurity and process safety, aeCyberSolutions helps clients identify and address cybersecurity risks in a manner that is consistent with the engineering methods already in place for process safety risk management. They do so by leveraging existing information and practices while presenting a single, consistent expression of risk to senior management. The aeCyberSolutions team is exclusively staffed with personnel who have strong industrial automation backgrounds and general IT and IT security backgrounds and credentials. This combination of IT and Operational Technology (OT) expertise is essential for working in the field of industrial cybersecurity. aeCyberSolutions is based in Greenville, SC. For more information, visit www.aesolutions.com/aecyberpha-facilitation-suite, www.aeCyberSolutions.com, or follow @aesolns.
Kari Walker for aeCyberSolutions
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@KariWalkerPR
PHOENIX--(BUSINESS WIRE)--Pinnacle West Capital Corp. (NYSE: PNW) announced today that it plans to release its 2021 first-quarter financial results before the U.S. financial markets open on Wednesday, May 5, 2021.
That same day at noon ET (9 a.m. Arizona time), management will host a live webcast and conference call to discuss financial results and recent developments.
To access the live session:
To access the replay:
Pinnacle West Capital Corp., an energy holding company based in Phoenix, has consolidated assets of approximately $20 billion, about 6,300 megawatts of generating capacity and slightly more than 6,000 employees in Arizona and New Mexico. Through its principal subsidiary, Arizona Public Service, the company provides retail electricity service to more than 1.3 million Arizona homes and businesses. For more information about Pinnacle West, visit the company’s website at pinnaclewest.com.
Media Contact: Alan Bunnell, (602) 250-3376
Analyst Contact: Stefanie Layton, (602) 250-4541
Website: pinnaclewest.com
Energy company ranked #1 energy utility and 42nd overall
BOSTON & HARTFORD, Conn.--(BUSINESS WIRE)--For the second year in a row, Eversource Energy (NYSE: ES) has been recognized by Barron’s on its list of America’s Most Sustainable Companies. Ranking as the #1 energy utility on the list and 42nd overall, the recognition from Barron’s represents Eversource’s unyielding commitment to sustainability and responsible corporate citizenship.
“At Eversource, we’re working toward a better, more sustainable future for our customers, communities, employees and the environment,” said Eversource Chairman, President and CEO Jim Judge. “We’re incredibly honored to receive this distinguished recognition from Barron’s, which demonstrates our commitment to be the most responsible energy company in the nation. While we continue to operate under our COVID-19 pandemic plan, we remain focused every day on providing safe and reliable electric, gas and water service to our customers while at the same time nurturing a diverse and engaged workplace for employees, advancing clean energy and working to protect the environment.”
The Barron’s list of Most Sustainable Companies is based on more than 230 environmental, social and corporate governance (ESG) metrics. To create the ranking, the top 1,000 publicly traded companies by market value were evaluated by how they performed for five key constituencies – customers, communities, employees, the planet and shareholders – looking at ESG performance indicators such as workplace diversity, data security and greenhouse-gas emissions. To qualify for the list, a company must be rated above the bottom quarter in each of the five stakeholder categories.
With its industry-leading goal to achieve carbon neutrality by 2030, commitment to diversity and inclusion, and position as a catalyst for clean energy like solar, electric vehicles, offshore wind and battery storage throughout New England, Eversource is consistently recognized as a national leader for its corporate citizenship. The energy company was also recently ranked the #1 energy company in Newsweek’s list of America’s Most Responsible Companies and was included again on the list for America’s Most JUST Companies. For more information on Eversource’s commitment to sustainability, visit https://www.eversource.com/content/ct-c/about/sustainability.
Eversource (NYSE: ES) transmits and delivers electricity and natural gas and supplies water to approximately 4.3 million customers in Connecticut, Massachusetts and New Hampshire. Celebrated as a national leader for its corporate citizenship, Eversource is the #1 energy company in Newsweek’s list of America’s Most Responsible Companies for 2020 and recognized as one of America’s Most JUST Companies. The #1 energy efficiency provider in the nation, Eversource harnesses the commitment of approximately 9,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. The company is empowering a clean energy future in the Northeast, with nationally-recognized energy efficiency solutions and successful programs to integrate new clean energy resources like solar, offshore wind, electric vehicles and battery storage, into the electric system. For more information, please visit eversource.com, and follow us on Twitter, Facebook, Instagram, and LinkedIn. For more information on our water services, visit aquarionwater.com.
William Hinkle
603-634-2228
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HOUSTON--(BUSINESS WIRE)--Phillips 66 Partners LP (NYSE: PSXP) is providing guidance on results of operations for the first quarter of 2021 to reflect the Partnership’s decision to exit the Liberty Pipeline project and the effects of recent winter storms on asset utilization and utility costs.
Financial Data |
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Quarter Ended
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Estimated Range |
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Net income (loss) attributable to Phillips 66 Partners* |
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10 |
*Includes an estimated impairment of $180 million to $210 million related to the Liberty Pipeline project. |
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The Partnership has not completed its financial closing procedures for the first quarter of 2021, and actual results could vary from these preliminary estimates. Please see the information set forth below under “Cautionary Statement Regarding Forward-Looking Statements” for additional information about the preliminary first-quarter 2021 results.
About Phillips 66 Partners
Headquartered in Houston, Phillips 66 Partners is a growth-oriented master limited partnership formed by Phillips 66 to own, operate, develop and acquire primarily fee-based crude oil, refined petroleum products and natural gas liquids pipelines, terminals and other midstream assets. For more information, visit www.phillips66partners.com.
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements as defined under the federal securities laws. The preliminary first-quarter 2021 financial information included in this press release are forward-looking statements. These forward-looking statements are based on management’s expectations, estimates and beliefs as of the date of this press release, but are not guarantees of future performance or of actual first-quarter 2021 results. You should not unduly rely on the forward-looking statements as they involve certain risks, uncertainties and assumptions. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual first-quarter 2021 results to differ materially from those described in the forward-looking statements include the fact that the company has not yet completed its quarterly financial statement close process. Additional developments and adjustments may arise between the date of this release and the time the financial information for the first-quarter 2021 period is finalized, which may cause the actual, final information to vary from the forecasted estimates contained in this release.
Jeff Dietert (investors)
832-765-2297
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Shannon Holy (investors)
832-765-2297
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Thaddeus Herrick (media)
855-841-2368
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DUBLIN--(BUSINESS WIRE)--The "Global Laboratory Gas Generators Market by Type (Nitrogen, Hydrogen, Zero Air, Purge Gas, ToC), Application (Gas Chromatography, LC-MS), End-user (Life Science Industry, Chemical & Petrochemical Industry, Food & Beverage Industry), and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
The global laboratory gas generators market is projected to reach USD 686 million by 2026 from USD 353 million in 2021, at a CAGR of 14.2% during the forecast period.
The growth of the laboratory gas generators market is primarily driven by the growing importance of analytical techniques in drug and food approval processes, rising food safety concerns, increasing adoption of laboratory gas generators owing to their various advantages over conventional gas cylinders, growing demand for hydrogen gas as an alternative to helium, and the increasing R&D spending in target industries.
On the other hand, reluctance shown by lab users in terms of replacing conventional gas supply methods with modern laboratory gas generators and the availability of refurbished products are the major factors expected to hamper the growth of this market.
The hydrogen gas generators segment accounted for the highest growth rate in the Laboratory gas generators market, by type, during the forecast period
Based on type, the laboratory gas generators market is segmented into nitrogen gas generators, hydrogen gas generators, zero air generators, purge gas generators, TOC gas generators, and other gas generators. The hydrogen gas generators segment accounted for the highest growth rate in the Laboratory gas generators market in 2020. This can be attributed to the growing preference for hydrogen as a cost-effective alternative to helium, as it offers faster analysis and optimal results.
Gas chromatography segment accounted for the highest CAGR
Based on application, the laboratory gas generators market is segmented into gas chromatography (GC), liquid chromatography-mass spectrometry (LC-MS), gas analyzers, and other applications. In 2020, gas chromatography accounted for accounted for the highest growth rate. The major factors driving the growth of this is the adoption of hydrogen over helium due to the latter's high cost and scarcity in gas chromatography.
Chemical and Petrochemical industry segment accounted for the highest CAGR
Based on end-user, the laboratory gas generators market is segmented into the life science industry, chemical and petrochemical industry, food and beverage industry, and other end-users (environmental companies and research & academic institutes). In 2020, the chemical and petrochemical industry segment accounted for the highest growth rate. This can be attributed to the rising number of new oil & gas fields.
Asia-Pacific: The fastest-growing region in the Laboratory gas generators market
The Laboratory gas generators market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is projected to register the highest CAGR during the forecast period. Factors such as rising foreign direct investments by North American and European pharmaceutical and biotechnology firms in the Asia-Pacific is expected to drive market in this region.
Market Dynamics
Drivers
Opportunities
Challenges
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/lh43z3
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
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Past Due Bills Have Grown Significantly Since the Start of the Pandemic
Customers Encouraged to Take Action Now by Exploring Financial-Assistance Programs and Establishing Payment Plans
SAN FRANCISCO--(BUSINESS WIRE)--As the impacts of the COVID-19 pandemic start to subside, Pacific Gas and Electric Company (PG&E) reminds customers with past-due balances to explore available financial-assistance programs now, before the customer protections put in place during the pandemic end on June 30, 2021. In place since March 2020, these customer protections included suspending service disconnections for customers with unpaid bills.
Customers are encouraged to act now and not wait until protections expire if they are behind on payments. Numerous programs, tools and tips are available. Please call us today at (800) 743-5000 if you have an outstanding balance. Translated support in over 250 additional languages is available at that phone number.
We have been working with customers with past-due balances for more than a year and will continue these efforts months after the protections expire. PG&E will not initiate disconnections immediately after the protections end. Since March 2020, more than 1.6 million payment plans have been created for residential and commercial customers.
“We are creating early awareness around the expiration of the protections and have tools in place to help our customers look to the future. With a goal of ensuring a smooth transition, we’ve incorporated feedback from customers, key stakeholders and community leaders in the development of our transition plan once protections end," said Marlene Santos, PG&E’s EVP of Customer Care. “Don’t wait until summer. Call us now. We’re here to help.”
The number of residential customers with past-due balances has grown almost 30% from February 2020 to February 2021.
Especially as many customers find themselves with past due amounts for the first time, PG&E will communicate early and clearly that we are here to help. Ongoing communications with customers will focus on the expiration of COVID-19 emergency customer protections, helping customers understand the status of their account, offering helpful resources and enabling customers to stay current through ongoing support and financial assistance programs.
PG&E’s proposed transition plan designed specifically to help customers manage their bills as protections are lifted was submitted to the CPUC last week for review. While awaiting official CPUC approval, PG&E will continue communicating with customers to ensure that they are aware and prepared for the anticipated expiration of the COVID-19 emergency customer protections on June 30. Proactive contact with customers during the pandemic has saved customers more than $5 million just by changing their rate plan.
Here are some actions that we plan to assist customers as the COVID-19 protections end:
For more updates on our ongoing response to the pandemic and to learn more about financial assistance and support programs, visit pge.com/covid19.
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
BELLEVUE, Wash.--(BUSINESS WIRE)--PACCAR, a leader in zero emissions commercial vehicles, announced today a five-year supply agreement for battery power systems with Romeo Power, Inc. (“Romeo Power”), a leading battery technology company headquartered in Los Angeles, California. PACCAR will purchase Romeo Power’s battery packs and battery management software for heavy-duty battery electric Peterbilt 579EV vehicles and Peterbilt 520EV refuse trucks in North America. PACCAR has become a minority shareholder in Romeo Power as part of the strategic alliance.
“PACCAR is delighted to be working with Romeo Power. The partnership with Romeo will further enhance PACCAR’s zero emissions product offerings that improve customers’ operational efficiency and environmental impact,” said Darrin Siver, PACCAR senior vice president.
The Romeo battery packs provide high energy, fast charging performance and ample range for customers’ applications. “The Romeo battery system is designed for seamless integration into Peterbilt commercial vehicle chassis and other vehicle systems,” said Kyle Quinn, PACCAR chief technology officer.
Production of Peterbilt zero emissions trucks featuring Romeo Power’s battery packs is expected to launch in the second half of 2021.
PACCAR is a global technology leader in the design, manufacture and customer support of high-quality light-, medium- and heavy-duty trucks under the Kenworth, Peterbilt and DAF nameplates. PACCAR also designs and manufactures advanced powertrains, provides financial services and information technology, and distributes truck parts related to its principal business.
Ken Hastings
(425) 468-7530
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HOUSTON--(BUSINESS WIRE)--Phillips 66 (NYSE: PSX), a diversified energy manufacturing and logistics company, is providing preliminary ranges for certain financial information reflecting the market and operating conditions experienced in the first quarter, including the effects of recent winter storms and the ongoing COVID-19 pandemic.
The severe winter storms had significant impacts on the company’s operations in the Central and Gulf Coast regions. These winter storms resulted in lower utilization of assets, as well as higher utility, maintenance and repair costs primarily in the Midstream, Chemicals and Refining segments. The higher utility costs were driven by significant increases in prices for natural gas and electricity in certain markets due to the increased demand and supply outages caused by the winter storms. These negative impacts were partially offset by the sale of electricity to help meet demand in the Texas market. The company’s Refining and Marketing and Specialties segments also continue to be impacted by lower global demand for refined petroleum products due to the COVID-19 pandemic.
In addition, the company will recognize an impairment in the first quarter reflecting Phillips 66 Partners’ decision to exit the Liberty Pipeline project.
Update to First-Quarter 2021 Outlook
During the company's fourth-quarter 2020 earnings conference call, the company provided guidance on certain first-quarter 2021 operating and financial items. The table below provides updated guidance.
Outlook Items |
|||
(millions of dollars, except as indicated) |
|||
|
Quarter Ended
|
||
|
Prior Outlook |
|
Current Outlook |
|
|
|
|
Global Olefins and Polyolefins utilization |
Mid - 90% |
|
Mid - 70% |
Refining crude utilization |
Market Conditions |
|
Mid - 70% |
Refining turnaround expense (pre-tax) |
$200 - $230 |
|
$200 - $230 |
Corporate & Other costs (pre-tax) |
$240 - $250 |
|
$240 - $250 |
Effective income tax rate |
Low - 20% |
|
15 - 20% |
Preliminary First-Quarter 2021 Financial Information
The following table represents the company’s current estimates of first-quarter 2021 financial results.
Financial Data |
||||
(millions of dollars, unaudited) |
||||
|
Quarter Ended
|
|||
|
Estimated Range |
|||
|
Low |
|
High |
|
Net loss attributable to Phillips 66* |
$ |
(865) |
|
(680) |
Adjusted net loss attributable to Phillips 66† |
$ |
(700) |
|
(550) |
*Includes an estimated pre-tax impairment of $180 million to $210 million related to Phillips 66 Partners’ Liberty Pipeline project. |
||||
†Adjusted net loss attributable to Phillips 66 is not defined under U.S. generally accepted accounting principles (“GAAP”). Please see below for a reconciliation of this non-GAAP measure to its most comparable GAAP measure, as well as the reasons for the use of this non-GAAP financial measure. |
||||
The company has not completed its financial closing procedures for the first quarter of 2021, and actual results could vary from these preliminary estimates. Please see the information set forth below under “Cautionary Statement for the Purposes of the ‘Safe Harbor’ Provisions of the Private Securities Litigation Reform Act of 1995” for additional information about the Update to First-Quarter 2021 Outlook and Preliminary First-Quarter 2021 Financial Information.
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 14,300 employees committed to safety and operating excellence. Phillips 66 had $55 billion of assets as of Dec. 31, 2020. For more information, visit www.phillips66.com or follow us on Twitter @Phillips66Co.
CAUTIONARY STATEMENT FOR THE PURPOSES OF THE “SAFE HARBOR” PROVISIONS
OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995
This press release contains certain 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, which are intended to be covered by the safe harbors created thereby. The update to first-quarter 2021 outlook and preliminary first-quarter 2021 financial information included in this press release are forward-looking statements. These forward-looking statements are based on management’s expectations, estimates and beliefs as of the date of this press release, but are not guarantees of future performance or of actual first-quarter 2021 results. You should not unduly rely on the forward-looking statements as they involve certain risks, uncertainties and assumptions. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual first-quarter 2021 results to differ materially from those described in the forward-looking statements include the fact that the company has not yet completed its quarterly financial statement close process. Additional developments and adjustments may arise between the date of this release and the time the financial information for the first-quarter 2021 period is finalized, which may cause the actual, final information to vary from the forecasted estimates contained in this release.
Use of Non-GAAP Financial Information–This press release includes the term “Adjusted net loss attributable to Phillips 66,” which is a supplemental measure of our performance that is not required by, or presented in accordance with, GAAP. We believe it is useful to the external users of our financial statements, including industry analysts, investors, lenders, and rating agencies. We have defined this non-GAAP measure below and believe it is useful to assess our ongoing financial performance because, when reconciled to its most comparable U.S. GAAP measure, it provides improved comparability between periods through the exclusion of certain items that we believe are not indicative of our core operating performance and that may obscure our underlying business results and trends. This non-GAAP measure should not be considered as an alternative to its most comparable U.S. GAAP measure nor should it be considered in isolation or as a substitute for an analysis of our results of operations as reported under U.S. GAAP. In addition, this non-GAAP measure may not be comparable to similarly titled measures used by other companies because we may define it differently, which diminishes its utility.
We define “Adjusted net loss attributable to Phillips 66” as net loss attributable to Phillips 66 adjusted for the special items noted below, net of related income tax effects.
Reconciliation of Net Loss Attributable to Phillips 66 to |
||||||
Adjusted Net Loss Attributable to Phillips 66 |
||||||
(millions of dollars, unaudited) |
||||||
|
Quarter Ended
|
|||||
|
Estimated Range |
|||||
|
Low |
|
High |
|||
|
||||||
Net loss attributable to Phillips 66 |
$ |
(865 |
) |
|
(680 |
) |
Special item adjustments (after-tax)*: |
|
|
|
|||
Impairments |
120 |
|
|
100 |
|
|
Weather-related maintenance and repair costs |
45 |
|
|
30 |
|
|
Adjusted net loss attributable to Phillips 66 |
$ |
(700 |
) |
|
(550 |
) |
*We generally tax effect taxable U.S.-based special items using a combined federal and state annual statutory income tax rate of approximately 25%. Taxable special items attributable to foreign locations likewise use a local statutory income tax rate. Nontaxable events reflect zero income tax. Special items are also adjusted for amounts attributable to noncontrolling interests. |
||||||
Jeff Dietert (investors)
832-765-2297
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Shannon Holy (investors)
832-765-2297
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Thaddeus Herrick (media)
855-841-2368
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DUBLIN--(BUSINESS WIRE)--The "Thermoplastic Pipes - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Amid the COVID-19 crisis, the global market for Thermoplastic Pipes estimated at US$2.7 Billion in the year 2020, is projected to reach a revised size of US$3.8 Billion by 2027, growing at a CAGR of 5% over the period 2020-2027.
Reinforced Thermoplastic Pipe, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$2.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Thermoplastic Composite Pipe segment is readjusted to a revised 5.2% CAGR for the next 7-year period.
The U.S. Market is Estimated at $726.8 Million, While China is Forecast to Grow at 8.1% CAGR
The Thermoplastic Pipes market in the U.S. is estimated at US$726.8 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$802 Million by the year 2027 trailing a CAGR of 8.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.
Select Competitors (Total 45 Featured):
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/htfsvg
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
CHICAGO--(BUSINESS WIRE)--Power & Digital Infrastructure Acquisition Corp. (NASDAQ: XPDIU) (the “Company”) announced that, commencing April 5, 2021, holders of the units sold in the Company’s initial public offering of 34,500,000 units, completed on February 12, 2021, may elect to separately trade the shares of Class A common stock and warrants included in the units. Any units not separated will continue to trade on The Nasdaq Capital Market (the “Nasdaq”) under the symbol “XPDIU,” and the separated shares of Class A common stock and warrants will trade on the Nasdaq under the symbols “XPDI” and “XPDIW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Unitholders will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into shares of Class A common stock and warrants.
The units were initially offered by the Company in an underwritten offering. Barclays and BofA Securities acted as joint book-running managers of the offering. A registration statement relating to the units and the underlying securities was declared effective by the Securities and Exchange Commission (the “SEC”) on February 9, 2021.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities of the Company, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute “forward-looking statements,” including with respect to the anticipated separation of the units into shares of Class A common stock and warrants. No assurance can be given that the units will be separated as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and final prospectus relating to the Company’s initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Patrick C. Eilers
Chief Executive Officer
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(312) 961-6605
Theodore J. Brombach
Chairman of the Board of Directors
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(312) 806-4440
James P. Nygaard, Jr.
Chief Financial Officer
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(847) 770-5235
BOSTON--(BUSINESS WIRE)--Advent Technologies Holdings, Inc. (NASDAQ: ADN) (“Advent”) today announced that Advent Chief Marketing Officer Chris Kaskavelis will speak at the Saudi Energy Meet Virtual Expo and Summit on Thursday, April 8, 2021. The Summit will bring together speakers from oil & gas, renewables, hydrogen, power, utilities and more on April 7-8 to discuss the future of energy post COVID-19 and progress towards reaching renewable energy goals.
Dr. Kaskavelis will discuss Advent’s patented high-temp membrane technology for fuel cells that allows automotive, aviation, maritime and power generation industries to access Advent’s ‘Any Fuel, Anywhere’ option – a robust, long-lasting, low-cost fuel cell product that succeeds in extreme environments.
Advent’s presentation will take place live at Day 2 of the Summit at 13:20 GMT +3. Registration to follow the program is found here: https://saudienergymeet.com/contact/.
About Advent Technologies Holdings, Inc.
Advent Technologies Holdings, Inc. is an innovation-driven company in the fuel cell and hydrogen technology space. Our vision is to accelerate electrification through advanced materials, components, and next-generation fuel cell technology. Our technology applies to electrification (fuel cells) and energy storage (flow batteries, hydrogen production) markets, which we commercialize through partnerships with Tier1s, OEMs, and System Integrators. For more information on Advent Technologies Holdings, Inc., please visit the company’s website at https://www.advent.energy/.
Advent Technologies
Elisabeth Maragoula
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Sloane & Company
Joe Germani / Alex Kovtun / James Goldfarb
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HOUSTON--(BUSINESS WIRE)--MV Oil Trust (NYSE: MVO) announced the Trust distribution of net profits for the first quarterly payment period ended March 31, 2021.
Unitholders of record on April 15, 2021 will receive a distribution amounting to $2,415,000 or $0.210 per unit payable April 23, 2021.
Volumes, average price and net profits for the payment period were:
Volume (BOE) |
|
157,196 |
|
|
Average price (per BOE) |
|
$ |
47.11 |
|
Gross proceeds |
|
$ |
7,405,502 |
|
Costs |
|
$ |
4,127,535 |
|
Net profits |
|
$ |
3,277,967 |
|
Percentage applicable to Trust’s 80% |
|
|
|
|
Net profits interest |
|
$ |
2,622,374 |
|
MV Partners reserve for capital expenditures |
|
$ |
-- |
|
Total cash proceeds available for the Trust |
|
$ |
2,622,374 |
|
Provision for estimated Trust expenses |
|
$ |
(207,374 |
) |
Net cash proceeds available for distribution |
|
$ |
2,415,000 |
|
This press release contains forward-looking statements. Although MV Partners, LLC has advised the Trust that MV Partners, LLC believes that the expectations contained in this press release are reasonable, no assurances can be given that such expectations will prove to be correct. The announced distributable amount is based on the amount of cash received or expected to be received by the Trustee from the underlying properties on or prior to the record date with respect to the quarter ended March 31, 2021. Any differences in actual cash receipts by the Trust could affect this distributable amount. Other important factors that could cause these statements to differ materially include the actual results of drilling operations, risks inherent in drilling and production of oil and gas properties, the ability of commodity purchasers to make payment, the effect, impact, potential duration or other implications of the COVID-19 pandemic, actions by the members of the Organization of Petroleum Exporting Countries, and other risk factors described in the Trust’s Annual Report on Form 10-K for the year ended December 31, 2020 filed with the Securities and Exchange Commission. Statements made in this press release are qualified by the cautionary statements made in these risk factors. The Trust does not intend, and assumes no obligations, to update any of the statements included in this press release.
MV Oil Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Elaina Rodgers
713-483-6020
The materials aim to address workplace safety needs to help reduce electrical injuries and fatalities.
ARLINGTON, Va.--(BUSINESS WIRE)--May is National Electrical Safety Month, and the Electrical Safety Foundation International (ESFI) is launching its annual effort to help reduce electrically-related fatalities, injuries, and property loss. This year's campaign theme is “Connected to Safety,” which aims to educate the workforce about solar panel and temporary power safety precautions, and helps businesses prepare their facilities for electric vehicle charging.
There were 166 electrical fatalities in 2019, a 3.75% increase over 2018, and the highest amount of electrical fatalities since 2011. ESFI created this year’s National Electrical Safety Month resources to address workplace safety needs to prevent these avoidable injuries and deaths. “Contact with electricity is one of the leading causes of construction workplace fatalities,” said ESFI’s President Brett Brenner. “This is why workers must receive proper training on how to work with or around electricity safely.”
Featured National Electrical Safety Month resources include Solar PV Electrical Safety, which highlights that solar photovoltaic installer jobs are expected to increase at a much higher rate than the average of all occupations. These installers must learn how to stay safe while working with or around solar panels. Temporary Power Safety details the proper safety procedures for working with or around temporary power. Temporary power is essential to construction worksites but poses a risk to workers. Following safety procedures is imperative to prevent accidents with temporary power. Installing Electrical Vehicle Chargers delivers information for businesses interested in installing electric vehicle chargers in their building. As many consumers consider or purchase electric vehicles, business owners may want to consider installing chargers in their facility as an incentive to employees while showing their corporate social responsibility.
Electrical safety awareness and education among employees and employers will prevent future workplace electrical injuries and fatalities. For ESFI’s complete collection of free-to-share National Electrical Safety Month resources to use throughout your community, visit esfi.org.
ABOUT ESFI
The Electrical Safety Foundation International (ESFI) sponsors National Electrical Safety Month each May to increase public awareness of the electrical hazards around us at home and in the workplace. ESFI is a 501(c)(3) non-profit organization dedicated exclusively to promoting electrical safety.
Brianne Deerwester
Electrical Safety Foundation International
703.841.5935
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~ Appointment of Sam Sledge as President ~
MIDLAND, Texas--(BUSINESS WIRE)--ProPetro Holding Corp. (“ProPetro” or “the Company”) (NYSE: PUMP) today announced that Sam Sledge, the Company’s Chief Strategy and Administrative Officer, has been named President effective immediately.
“We are pleased to have Sam take on this key role at ProPetro,” said Phillip Gobe, Chairman and Chief Executive Officer. “His promotion to President complements the recent naming of Adam Munoz as Chief Operating Officer and David Schorlemer as Chief Financial Officer, resulting from the Board of Directors’ comprehensive succession planning process. I look forward to the continued support and key leadership of this talented management team. Sam has been with the Company for ten years and held several positions of increasing responsibility in multiple key functions across the organization, including operations, finance, human resources, corporate development, administration and communications. His deep knowledge of the business and our culture of teamwork to drive safe, superior performance at the wellsite proved invaluable as we navigated the challenging market conditions of the past year, and will remain essential in his new role.”
Sam Sledge joined ProPetro in 2011 and has served in various capacities throughout his tenure, including Frac Technical Specialist and Technical Operations Manager where his duties included quality control, planning and logistics, and the development of the engineering program. He also served as Vice President of Finance, Corporate Development and Investor Relations before being named Chief Strategy and Administrative Officer. Sam earned a Bachelor of Business Administration and a Master of Business Administration from Baylor University.
Sam Sledge commented, “I appreciate the confidence and support of Phillip and the Board, and look forward to working closely with Adam, David and other members of executive management, as well as the full team at ProPetro, as we capitalize on opportunities to improve the business, while continuing to provide our customers unsurpassed and safe execution at the wellsite.”
About ProPetro
ProPetro Holding Corp. is a Midland, Texas-based oilfield services company providing pressure pumping and other complementary services to leading upstream oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. For more information, please visit www.propetroservices.com.
Forward-Looking Statements
Except for historical information contained herein, the statements in this news release are forward-looking statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding growing the business and performance at the wellsite. Forward-looking statements are subject to a number of risks and uncertainties that may cause actual events and results to differ materially from the forward-looking statements. Such risks and uncertainties include the operational disruption and market volatility resulting from the COVID-19 pandemic and other factors described in ProPetro’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, particularly the “Risk Factors” sections of such filings, and other filings with the Securities and Exchange Commission. In addition, ProPetro may be subject to currently unforeseen risks that may have a materially adverse impact on it. Accordingly, no assurances can be given that the actual events and results will not be materially different than the anticipated results described in the forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release. ProPetro does not undertake, and expressly disclaims, any duty to publicly update these statements, whether as a result of new information, new developments or otherwise, except to the extent that disclosure is required by law.
ProPetro Holding Corp.
David Schorlemer, 432-688-0012
Chief Financial Officer
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WESTLAKE, Ohio--(BUSINESS WIRE)--TravelCenters of America Inc. (Nasdaq: TA) today announced that it will issue a press release containing its first quarter 2021 financial results after the Nasdaq closes on Monday, May 3, 2021. On Tuesday, May 4, 2021 at 10:00 a.m. Eastern Time, Chief Executive Officer Jonathan Pertchik, President Barry Richards and Chief Financial Officer and Treasurer Peter Crage will host a conference call to discuss these results.
The conference call telephone number is (877) 329-4614. Participants calling from outside the United States and Canada should dial (412) 317-5437. No pass code is necessary to access the call from either number. Participants should dial in about 15 minutes prior to the scheduled start of the call. A replay of the conference call will be available through Tuesday, May 11, 2021. To hear the replay, dial (412) 317-0088. The replay pass code is 10153756.
A live audio webcast of the conference call will also be available in a listen-only mode on the company's website, which is located at www.ta-petro.com. Participants who want to access the webcast should visit the company's website about five minutes before the call. The archived webcast will be available for replay on the company's website after the call.
About TravelCenters of America Inc.:
TravelCenters of America Inc. (Nasdaq: TA) is the nation's largest publicly traded full-service travel center network. Founded in 1972 and headquartered in Westlake, Ohio, its nearly 20,000 employees serve customers in over 270 locations in 44 states and Canada, principally under the TA®, Petro Stopping Centers® and TA Express® brands. Offerings include diesel and gasoline fuel, convenience stores, truck maintenance and repair, full-service and quick-service restaurants, car and truck parking and other services and amenities dedicated to providing great experiences for professional drivers and the general motoring public. TravelCenters of America operates over 600 full-service and quick-service restaurants and 9 proprietary brands, including Iron Skillet® and Country Pride®. For more information, visit www.ta-petro.com.
Kristin Brown, Director, Investor Relations
(617) 796-8251
HOUSTON--(BUSINESS WIRE)--Ranger Energy Services, Inc. (NYSE:RNGR) (the “Company”) will report first quarter 2021 financial and operating results after the market closes for trading on April 22, 2021. Following the announcement, the Company’s management will host a first quarter 2021 earnings conference call in the morning of April 23, 2021 at 10:00 a.m. Eastern time (9:00 a.m. Central time).
Interested parties are invited to participate on the call by dialing 1-833-255-2829, or 1-412-902-6710 for international calls, (request to join the Ranger Energy Services call) or via the Company’s website at www.rangerenergy.com. A replay of the conference call will be available following the call and can be accessed from www.rangerenergy.com.
About Ranger Energy Services, Inc.
Ranger Energy Services, Inc. is an independent provider of well service rigs and associated services in the United States, with a focus on unconventional horizontal well completion and production operations. The Company also provides non-rig well services that are necessary to bring and maintain a well on production.
For further information, please direct all inquiries to:
Ranger Energy Services, Inc.
J. Brandon Blossman, (713) 935-8900
Chief Financial Officer
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