New agreement with Pilot Company and General Motors to bring 2,000 charging stalls operated and networked through EVgo eXtend over the next few years
LOS ANGELES--(BUSINESS WIRE)--EVgo Inc. (NASDAQ: EVGO) (EVgo), the nation’s largest public fast charging network for electric vehicles (EVs), today announced the first major EVgo eXtend project. The EVgo eXtend project will deploy 2,000 charging stalls at Pilot and Flying J locations across the country in collaboration with General Motors (GM) and Pilot Company. EVgo will install, operate, and maintain the network of 350 kW charging stalls for Pilot Company and GM at up to 500 Pilot and Flying J travel centers across more than 40 states.
“EVgo, GM and Pilot Company share a commitment to building an electric charging network that increases access and helps accelerate the shift to electrification for all. The eXtend offering leverages our technological expertise and experience deploying and operating chargers for customers across the country, including critical corridors for road trips,” said Cathy Zoi, CEO at EVgo. “This particular EVgo eXtend rollout demonstrates the versatile pathways we offer collaborators to achieve their electrification goals and expand charging options for EVgo drivers.”
Through EVgo eXtend, EVgo provides the hardware, design, and construction of charging sites, as well as ongoing operations, maintenance and networking and software integration solutions, while its customers purchase and retain ownership of the charging assets. EVgo eXtend allows EVgo to leverage its core competencies to expand its network footprint to places where EV adoption is still emerging by working with third-party owners. This unlocks another avenue for growth and value creation while extending EVgo's geographic footprint as well. The technology solutions provided to EVgo eXtend customers build on a decade of experience with complex charging infrastructure solutions, including ongoing work at the EVgo Innovation Lab in El Segundo, as well as a suite of software solutions to enable reliable uptime and a first-class customer experience. Existing customers with EVgo accounts will also be able to access eXtend chargers through the EVgo app, among other options.
“GM is committed to creating an all-electric future for all. This collaboration with Pilot Company and EVgo will help make that future a reality by significantly expanding access to highway charging from coast-to-coast in the U.S.,” said Alex Keros, GM Director of Charging Infrastructure Development. “The corridor-focused project also complements our existing work with EVgo, including our efforts to add more than 3,250 fast chargers in U.S. cities and suburbs by the end of 2025.”
“Pilot Company strives to bring the best experience and offerings to the more than a million guests we serve every day,” said John Tully, Pilot Company's VP, Strategy and Business Development. "This new coast-to-coast network of fast chargers will give the nation's growing number of EV drivers the confidence they need when looking at long-distance travel by eliminating range anxiety and delivering the best amenities while they wait.”
About EVgo
EVgo (Nasdaq: EVGO) is the nation’s largest public fast charging network for electric vehicles. As of the end of the first quarter 2022, with more than 850 charging locations, EVgo’s owned and operated charging network serves over 60 metropolitan areas across more than 30 states and approximately 375,000 customer accounts. Founded in 2010, EVgo leads the way on transportation electrification, partnering with automakers; fleet and rideshare operators; retail hosts such as hotels, shopping centers, gas stations and parking lot operators; and other stakeholders to deploy advanced charging technology to expand network availability and make it easier for drivers across the U.S. to enjoy the benefits of driving an EV. As a charging technology first mover, EVgo works closely with business and government leaders to accelerate the ubiquitous adoption of EVs by providing a reliable and convenient charging experience close to where drivers live, work and play, whether for a daily commute or a commercial fleet.
About Pilot Company
Pilot Travel Centers LLC (“Pilot Company”) keeps North America’s drivers moving as one of the leading suppliers of fuel and the largest operator of travel centers. Founded in 1958 and headquartered in Knoxville, Tennessee, Pilot Company has grown its network to more than 800 retail and fueling locations and supplies more than 14 billion gallons of fuel per year to the market. Pilot Company has fourth largest tanker fleet with more than 1,600 trucks that supply DEF, bio and renewable fuels, and provides hauling and disposal services to the oil field sector. Pilot Company serves 1.3 million guests per day and provides over 70,000 fleet customers with solutions for fuel, credit, factoring, services and rewards. Its Pilot and Flying J travel center network includes over 750 locations in 44 states and five Canadian provinces with more than 790 restaurants, 75,000 truck parking spaces, 5,300 deluxe showers, 6,200 diesel lanes and offers truck maintenance and tire service with Southern Tire Mart at Pilot Flying J. The One9 Fuel Network connects a variety of fueling locations to provide smaller fleets and independent professional drivers with everyday value, convenience, credit and perks. More information on locations and rewards are available in the myRewards PlusTM app.
Pilot Company is currently ranked No. 7 on Forbes' list of America’s Largest Private Companies. For additional information about Pilot Company, its 30,000 team members and commitment to giving back, visit www.pilotcompany.com.
About General Motors
General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which powers everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "will," "expect," "anticipate," "believe," "seek," "target" or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are based on management’s current expectations or beliefs and are subject to numerous assumptions, risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These forward-looking statements include, but are not limited to, express or implied statements regarding EVgo’s future financial performance, increased EV adoption, the deployment of chargers in connection with and the anticipated benefits of the collaboration with GM and Pilot Flying J. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of EVgo’s management and are not predictions of actual performance. There are a significant number of factors that could cause actual results to differ materially from the statements made in this press release. See “Risk Factors” in EVgo’s Annual Report on Form 10-K filed with the SEC on March 24, 2022, as well as its other filings with the SEC, copies of which are available on EVgo’s website at investors.evgo.com, and on the SEC’s website at www.sec.gov. The project may result in less than 2000 stalls being built, based on the terms of the contract, including termination rights. All forward-looking statements in this press release are based on information available to us as of the date hereof, and we do not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by applicable law.
For Investors:
Ted Brooks, VP of Investor Relations
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310-954-2943
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DALLAS--(BUSINESS WIRE)--Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or “TPL”) announced today that the Company will release second quarter 2022 financial results after the market closes on Wednesday, August 3, 2022. A conference call will be held on Thursday, August 4, 2022 at 8:30 a.m. Eastern Time.
Webcast:
A webcast of the conference call will be available on the Investors section of the Company’s website at www.texaspacific.com. To listen to the live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register and install any necessary audio software.
To Participate in the Telephone Conference Call:
Dial in at least 15 minutes prior to start time:
Domestic: 1-800-950-1454
International: 1-212-231-2924
Conference Call Playback:
Domestic: 1-844-512-2921
International: 1-412-317-6671
Pass code: 22019661
The playback can be accessed through August 18, 2022.
About Texas Pacific Land Corporation
Texas Pacific Land Corporation is one of the largest landowners in the State of Texas with approximately 880,000 acres of land in West Texas, with the majority of its ownership concentrated in the Permian Basin. The Company is not an oil and gas producer, but its surface and royalty ownership allow revenue generation through the entire value chain of oil and gas development, including through fixed fee payments for use of our land, revenue for sales of materials (caliche) used in the construction of infrastructure, providing sourced water and treated produced water, revenue from our oil and gas royalty interests, and revenues related to saltwater disposal on our land. The Company also generates revenue from pipeline, power line and utility easements, commercial leases, and seismic and temporary permits related to a variety of land uses including midstream infrastructure projects and hydrocarbon processing facilities.
Visit TPL at texaspacific.com.
Investor Relations
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HOUSTON--(BUSINESS WIRE)--CAM Process Technologies (CAM Pro), an entity of CAM Integrated Solutions, announced today the addition of a 55,000 sq. ft. manufacturing facility in Brookshire, TX bringing their total to 140,000 sq.ft. The new location is fully equipped and operational with additional secured laydown and storage areas.
Craig Pierrotti, CAM’s CEO, states, "We’re extremely excited for the current growth of our business. This is a big step for CAM as we solidify our position as an industry leader! With the addition of this facility, CAM will be well positioned to expand upon our successful integrated project delivery model, which is the foundation of CAM’s business, and meet the growing demand from our clients.”
CAM provides “turnkey” solutions for the engineering, fabrication, and packaging of process equipment for the energy industry. CAM’s strategy enables them to offer clients a wide range of fabrication services specializing in gas treating, gas processing, production equipment, measurement, piping, structural, manifolds, pipeline assemblies and specialty or custom process equipment and skidded packages.
About CAM Integrated Solutions, LLC (CAM)
CAM Integrated Solutions, founded in 2015, provides integrated EPCM solutions for the energy market. CAM provides clients with a wide range of services, from concept to in-service, including engineering and design, procurement, fabrication, construction management, survey, right-of-way, and automation and controls. CAM’s multi-talented, operator-experienced team delivers consistent results for simple or complex projects. For more information, visit www.camintegrated.com.
Kelli Hardin
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832-533-8202
camintegrated.com
SAN JOSE, Calif.--(BUSINESS WIRE)--QuantumScape Corporation (NYSE: QS), a leader in developing next-generation solid-state lithium-metal batteries for use in electric vehicles, today announced it will release 2022 second-quarter financial results after market close on Wednesday, July 27, 2022. This will be followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Jagdeep Singh, co-founder and chief executive officer, and Kevin Hettrich, chief financial officer, will participate on the call.
Starting today, July 13, shareholders can submit and upvote questions they would like addressed on the earnings call. QuantumScape management will respond to a selection of the most upvoted questions. Please submit questions on this online Q&A platform. We will accept questions on the Q&A platform until Tuesday, July 26, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).
The earnings call will be accessible live via a webcast on QuantumScape’s IR Events Calendar page. An archive of the webcast will be available shortly after the call for 12 months.
About QuantumScape Corporation
QuantumScape is on a mission to transform energy storage with solid-state lithium-metal battery technology. The company’s next-generation batteries are designed to enable longer range, faster charging and enhanced safety in electric vehicles to support the transition away from legacy energy sources toward a lower carbon future. For more information, visit www.quantumscape.com.
For Investors
John Saager, CFA
Head of Investor Relations
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For Media
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First Transaction of Aggressive Acquisition Strategy
FORT WORTH, Texas--(BUSINESS WIRE)--EIS Holdings (“EIS”), a provider of mission-critical environmental and infrastructure services to public and private organizations, today announced the acquisition of AET Group, (“AET”) a full-service remediation and clean-up platform with strong capabilities in site assessment and soil and water remediation services. Financial terms of the private transaction were not disclosed.
Headquartered in Albany, Georgia and with operations across the entire Southeast, AET provides comprehensive environmental solutions to more than 400 customers. AET’s suite of services span a wide range of construction, compliance and consulting services, including site assessment, soil and groundwater remediation, storage tank maintenance and management. AET will continue to operate under its existing brands and the AET leadership team, including founder, owner and president, Chad Gunter.
The acquisition of AET augments EIS’ soil and groundwater remediation capabilities and provides additional core-adjacent resources and expertise. It also adds significant scale to EIS through broader service offerings and geographic expansion. The acquisition further diversifies EIS’ customer base and revenue streams, across 24 offices and over 1100 employees nationally.
“We welcome AET Group to the EIS family and are excited to work with Chad Gunter and his team,” said Joe Carter, Chief Strategy Officer, EIS Holdings. “With the continued investment we are seeing from the public and private sectors in large-scale environmental clean-up initiatives, acquiring AET gives us the reach and expertise to compete for a wider array of new projects nationwide.”
“We expect AET to be the one of several acquisitions in the coming months that align with our long-term growth strategy to position us as a ‘one stop shop’ for the environmental service needs of customers across the U.S.,” Carter added. “We are pleased to have completed this deal and will continue to look to add strong performers that will enhance the business, expand our geographic reach, and add new capabilities.”
According to IBISWorld, the Environmental Remediation & Clean-Up industry is projected to grow at a rate of 3.8% CAGR, reaching $24 billion by 2026 as existing regulations are enforced and new mandates are introduced.
“When we met with the team at EIS and gained understanding of its national growth strategy, we recognized immediately that our capabilities were highly complementary and that they shared our vision of the business and the go-to-market strategy,” said AET’s Gunter. “We see an immediate opportunity to deliver soil and water remediation services to current EIS customers and, with tens of thousands of potential clean-up sites in the U.S., we now have the scale, knowledge and resources to compete for a larger share of that business.”
About EIS Holdings
EIS is one of the largest providers of mission-critical environmental and infrastructure services in the United States, serving a wide variety of public and private end markets. With over 1100+ employees and 24 offices, EIS performs a full suite of abatement, decontamination, remediation, and other environmental and specialty infrastructure services across the United States. As a leading remediation and specialty infrastructure services firm, EIS is dedicated to exceptional growth that is bolstered by geographic expansion, service line extensions, and strategic acquisitions. An important part of the success of EIS is a result of long-term customer relationships that drive repeat and reoccurring business. For more information visit https://eisholdings.com/.
About AET Group
Advanced Environmental Technologies, LLC is a nationally recognized provider of comprehensive environmental solutions. We are experts at environmental science and engineering with the ability to translate that experience into on-site construction and field logistics. Established in 1998, AET offers a complete range of environmental services from initial site reconnaissance through site remediation and closure. To learn more, visit https://www.aetllc.com/.
Matthew Conroy
Stanton
646-502-3563
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DALLAS--(BUSINESS WIRE)--Matador Resources Company (NYSE: MTDR) (“Matador” or the “Company”) today announced plans to release second quarter 2022 operational and financial results after the close of trading on Tuesday, July 26, 2022. Management will also host a live conference call on Wednesday, July 27, 2022 at 9:00 a.m. Central Time to review second quarter 2022 financial results and operational highlights.
To access the live conference call by phone, you can use the following link https://register.vevent.com/register/BI1c168e702fa54614b5ef189dbee9d125 and you will be provided with dial in details. To avoid delays, it is recommended that participants dial into the conference call fifteen minutes ahead of the scheduled start time.
The live conference call will also be available through the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab. The replay for the event will be available on the Company’s website at www.matadorresources.com on the Events and Presentations page under the Investor Relations tab for one year.
About Matador Resources Company
Matador is an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources in the United States, with an emphasis on oil and natural gas shale and other unconventional plays. Its current operations are focused primarily on the oil and liquids-rich portion of the Wolfcamp and Bone Spring plays in the Delaware Basin in Southeast New Mexico and West Texas. Matador also operates in the Eagle Ford shale play in South Texas and the Haynesville shale and Cotton Valley plays in Northwest Louisiana. Additionally, Matador conducts midstream operations, primarily through its midstream joint venture, San Mateo, in support of its exploration, development and production operations and provides natural gas processing, oil transportation services, natural gas, oil and produced water gathering services and produced water disposal services to third parties.
For more information, visit Matador Resources Company at www.matadorresources.com.
Mac Schmitz
Vice President – Investor Relations
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(972) 371-5225
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--#Automation--Reliable Robotics, a leader in autonomous aircraft systems, today announced the addition of Brandon Suarez in a newly created role of Vice President of UAS Integration, where he will drive the development and adoption of technical standards and global aviation policy for the company. Suarez takes on a strategic, multi-faceted position at Reliable where he will focus on defining key aspects of the development roadmap, including airspace integration and international operational approval. He will also support the company’s product strategy plans and future aircraft programs. Suarez is an instrument-rated commercial pilot and is actively involved in the greater aviation community, holding key industry roles.
“Brandon is uniquely qualified to understand and help solve immediate challenges while also contributing to the longer-term vision of the company,” said Robert Rose, Co-founder and CEO at Reliable Robotics. “He brings a mix of conceptual, policy and technical expertise and maintains deep engagement with standards bodies, trade associations and government agencies.”
Prior to joining Reliable, Suarez was the Technical Director for UAS Civil Airspace Integration at General Atomics Aeronautical Systems, Inc. where he led the company’s efforts to safely integrate Remotely Piloted Aircraft Systems (RPAS) into domestic, foreign and international airspace. He also led a collaborative team of experts from the FAA, NASA, and several industry partners to bring together the technology needed for a Detect and Avoid (DAA) system on a Predator® B RPAS.
Suarez is a Co-chair of the Aerospace Industry Association’s Advanced Air Mobility Subcommittee where he focuses on bringing together diverse segments of the industry to advocate for common policies. He is an active advisor to the International Civil Aviation Organization where he is working to make RPAS a normal part of the global aviation ecosystem. Suarez serves as Co-Chairman of RTCA Special Committee 228, which has developed FAA-recognized standards for DAA systems and UAS datalinks, two critical enabling technologies. He is also actively involved in several NASA research activities seeking to advance future concepts such as Digital Flight and multi-aircraft control.
“Automating aviation and making it accessible to more people has been a personal mission for over a decade,” said Brandon Suarez, Vice President of UAS Integration at Reliable Robotics. “I’m very excited to work with this incredible team, making the future of aviation safer and more available for everyone.”
Reliable Robotics is actively recruiting world-class talent with career opportunities across engineering disciplines at https://reliable.co/careers/
About Reliable Robotics
Reliable Robotics launched in 2017 to bring certified autonomous vehicles to commercial aviation as soon as possible. The company’s automation system enables remote operation of any aircraft type and will expand access to more locations. Reliable’s vision is to transform the way we move goods and people around the planet with safer, more convenient and more affordable air transportation. The company is headquartered in Mountain View, CA and has a distributed global workforce. Learn more and see job openings at https://reliable.co
Connect on LinkedIn | YouTube | Twitter
Reliable Robotics Corporation and its respective logos are trademarks, registered trademarks, or service marks of the company. Other products and company names mentioned are the trademarks of their respective owners.
Reliable Robotics
Amber Moore
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503.943.9381
PASADENA, Calif.--(BUSINESS WIRE)--#consultingandengineering--Tetra Tech, Inc. (NASDAQ: TTEK), a leading provider of high-end consulting and engineering services, announced today the planned dates for its third quarter 2022 results and conference call.
On Wednesday, August 3, 2022, after market close, Tetra Tech intends to announce its third quarter 2022 results. On Thursday, August 4, 2022, at 8:00 a.m. Pacific Time, Tetra Tech plans to host a conference call to present and discuss the Company’s financial results and forward outlook.
Investors and other interested parties can access a live audio-visual webcast through a link posted on the Company's website at tetratech.com/investors. The webcast replay will be available following the call.
About Tetra Tech
Tetra Tech is a leading provider of high-end consulting and engineering services for projects worldwide. With 21,000 associates working together, Tetra Tech provides clear solutions to complex problems in water, environment, sustainable infrastructure, renewable energy, and international development. We are Leading with Science® to provide sustainable and resilient solutions for our clients. For more information about Tetra Tech, please visit tetratech.com or follow us on LinkedIn, Twitter, and Facebook.
Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management’s best judgment as to what may occur in the future. However, Tetra Tech’s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions ("Future Factors"), and may differ materially from what is expressed. For a description of Future Factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company’s Form 10-K and Form 10-Q filings with the Securities and Exchange Commission.
Jim Wu, Investor Relations
Charlie MacPherson, Media & Public Relations
(626) 470-2844
BOSTON--(BUSINESS WIRE)--ReMo Energy, an innovator and manufacturer of industrial materials through the use of renewable energy in lieu of fossil fuels, today announced that it has raised an additional $5.25M Seed round led by early growth fund AiiM Partners, with participation from Breakthrough Energy Ventures, Darco Capital and other strategic angel investors.
ReMo Energy is accelerating the decarbonization of industrial materials, including ammonia, fuels, and polymers - altogether a trillion-dollar market responsible for 14 gigatons of greenhouse gasses annually. ReMo uses predictive modeling and a novel approach for the construction of plants to overcome the challenges of using distributed intermittent renewable energy sources. The company’s facilities are lower capex and standardized, enabling ReMo to build and scale faster while also producing and distributing its products at lower cost. The company’s initial target market is ammonia, one of the most critical inputs to global agriculture and food production, and currently supply-constrained by macroeconomic events such as the war in Ukraine. While ReMo will initially focus on green ammonia for clean fertilizer applications in the corn belt of the U.S., future markets will include shipping fuel and hydrogen storage.
ReMo Energy will use the funding proceeds to scale commercial operations throughout the US Midwest and meet demand from its growing base of customers.
Scott Rackey, CEO and Co-founder of ReMo Energy, said, “We always seek opportunities to mitigate climate change, but our approach does more than that. ReMo both enables decarbonization and makes the agricultural supply chains more resilient - all without adding cost for the farmer.”
Shally Shanker, Founder and Managing Partner of AiiM Partners, will be joining the Board of Directors. “ReMo’s technology and innovative approach can scale production of renewable materials in two years, versus what typically takes ten years for competitors, while also being cheaper than fossil-fuel based products,” Shally said. “Their solution will accelerate the transition of hard-to-decarbonize sectors and help us avoid the worst of climate change.”
Carmichael Roberts of Breakthrough Energy Ventures said, “ReMo is at the leading edge of developments in renewable materials. ReMo’s ammonia product can play a critical role in decarbonizing the agricultural industry while also ensuring growers get the low-cost nitrogen fertilizers they need. ReMo Energy’s technology benefits all stakeholders, including renewable energy developers and fertilizer purchasers.”
About ReMo Energy
ReMo Energy’s mission is to make today’s fossil-based chemicals from renewable energy. The company has deep expertise in renewable energy, chemical engineering, and project development. ReMo Energy has reimagined every step of chemical production processes to adapt them to the scale and intermittency of low cost solar and wind power projects. ReMo Energy’s products make it possible for the world to improve global quality of life while also massively reducing the emissions of greenhouse gasses and other pollutants.
About AiiM Partners
AiiM Partners invests in market-leading climate change solutions addressing a $17 trillion global opportunity-- with focus on the alternative materials, agriculture & food systems, energy transition and data & digitization sectors. Their diverse team has over a ten-year track record of investing in climate change companies and comprises investors, entrepreneurs, operators and industry experts with over 160 years of combined experience. AiiM focuses on identifying market leaders with commercial solutions that can generate measurable environmental impact and top tier financial performance within a decade. Their team takes a holistic approach towards addressing the climate problem, prioritizing solutions that not only reduce but also sequester greenhouse gasses. For more information, please visit www.aiimpartners.com.
About Breakthrough Energy Ventures
Founded by Bill Gates and backed by many of the world’s top business leaders, BEV has raised more than $2 billion in committed capital to support cutting-edge companies that are leading the world to net-zero emissions. BEV is a purpose-built investment firm that is seeking to invest, launch and scale global companies that will eliminate GHG emissions throughout the economy as soon as possible. BEV seeks true breakthroughs and is committed to supporting these entrepreneurs and companies by bringing to bear a unique combination of technical, operational, market and policy expertise.
BEV is a part of Breakthrough Energy, a network of investment vehicles, philanthropic programs, policy advocacy and other activities committed to scaling the technologies we need to reach net-zero emissions by 2050. Visit www.breakthroughenergy.org to learn more.
Visit https://www.remo.energy
Media Contact: Kerry Spring, This email address is being protected from spambots. You need JavaScript enabled to view it.
SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Company (NYSE: SWN) today announced it will host a conference call and live audio webcast on August 5, 2022 to discuss second quarter 2022 financial and operating results. The Company plans to release results on August 4, 2022 after market close, which will be available on SWN’s website at www.swn.com.
Date: |
August 5, 2022 |
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Time: |
10:00 a.m. CT |
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Webcast: |
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US/Canada: |
877-883-0383 |
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International: |
412-902-6506 |
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Access code: |
2234740 |
A replay will also be available on SWN’s website at www.swn.com following the call.
About Southwestern Energy
Southwestern Energy Company (NYSE: SWN) is a leading U.S. producer and marketer of natural gas and natural gas liquids focused on responsibly developing large-scale energy assets in the nation’s most prolific shale gas basins. SWN’s returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its scale, financial strength and operational execution. For additional information, please visit www.swn.com and www.swn.com/responsibility.
Brittany Raiford
Director, Investor Relations
(832) 796-7906
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DUBLIN--(BUSINESS WIRE)--The "Global Mass Spectrometer Market (2022-2027) by Technology, Application, End User, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Mass Spectrometer Market is estimated to be USD 4.44 Bn in 2022 and is projected to reach USD 6.29 Bn by 2027, growing at a CAGR of 7.2%.
Market dynamics are forces that impact the prices and behaviors of the Global Mass Spectrometer Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Mass Spectrometer Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Mass Spectrometer Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.
Why buy this report?
Market Dynamics
Drivers
Restraints
Opportunities
Challenges
Market Segmentation
The Global Mass Spectrometer Market is segmented based on Technology, Application, End User, and Geography.
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/os6s0e
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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ANNAPOLIS, Md.--(BUSINESS WIRE)--Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong," or the "Company") (NYSE: HASI), a leading investor in climate solutions, today announced that the Company will release its second quarter 2022 results after market close on Thursday, August 4, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time).
The conference call can be accessed live over the phone by dialing 1-877-407-0890 or for international callers, +1-201-389-0918. Participants should inform the operator you want to be joined to the Hannon Armstrong call. The conference call will also be accessible as an audio webcast with slides on our website. A replay after the event will be accessible as on-demand webcast on our website.
Interested investors and other parties may also listen to a simultaneous webcast of the conference call by logging onto the Investors section of the Company's website at https://investors.hannonarmstrong.com/. The online replay will be available for a limited time beginning immediately following the call.
To learn more about Hannon Armstrong, please visit the Company's website at www.hannonarmstrong.com. In addition to filing or furnishing required information to the U.S. Securities and Exchange Commission, Hannon Armstrong uses its website as a channel of distribution of material Company information. Financial and other material information regarding Hannon Armstrong is routinely posted on the Company's website and is readily accessible.
ABOUT HANNON ARMSTRONG
Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With $9 billion in managed assets, Hannon Armstrong’s core purpose is to make climate-positive investments with superior risk-adjusted returns. For more information, please visit www.hannonarmstrong.com. Follow Hannon Armstrong on LinkedIn and Twitter @HannonArmstrong.
INVESTOR INQUIRIES
Neha Gaddam
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410-571-6189
- Reduction in North American headcount by 13% to become more effective and product focused -
MONTREAL, Québec--(BUSINESS WIRE)--Xebec Adsorption Inc. (TSX: XBC) (“Xebec” or the “Company”), a global provider of sustainable gas technologies, announced today a development with its previously announced Centers of Excellence (“COE”) Framework to ensure the Company’s global footprint becomes more effective and product focused. Effective today, Xebec has made the difficult decision to reduce 51 employees from its full-time workforce, representing approximately 13% of its North American employee base.
“This is a very challenging day for us as we part with some of our dedicated and talented colleagues. While we have made successful strides in product and process optimization, alongside significant sales efforts, today’s reduction of employees is an unfortunate byproduct of driving further efficiencies. We sincerely wish all these members of the Xebec family the best of luck with their future endeavors and thank them for their years of service,” stated Mike Munro, Chief Operating Officer at Xebec Adsorption Inc.
Over the last several months through its COE Framework, Xebec has taken steps to enact product and process standardization and unlock cost synergies across acquisitions completed over the last two years. For example, the Company’s Blainville, QC manufacturing facility is now focused on manufacturing proprietary Pressure Swing Adsorption (PSA) units and its Denver, CO manufacturing facility is focused on containerized and compression-based systems. This level of specialization brings cost optimizations and improved execution across facilities.
Related links:
https://www.xebecinc.com
About Xebec Adsorption Inc.
Xebec is a global provider of clean energy solutions for renewable and low carbon gases used in energy, mobility and industrial applications. The company specializes in deploying a portfolio of proprietary technologies for the distributed production of hydrogen, renewable natural gas, carbon capture, oxygen and nitrogen which is supported by a service network under the brand “XBC Flow Services”. By focusing on environmentally responsible gas generation, Xebec has helped thousands of customers around the world reduce their carbon footprints and operating costs. Headquartered in Québec, Canada, Xebec has a worldwide presence with nine manufacturing facilities, seventeen Cleantech Service Centers and four sales offices spanning over four continents. Xebec trades on the Toronto Stock Exchange under the symbol (TSX: XBC). For more information, xebecinc.com.
Investor Relations:
Xebec Adsorption Inc.
Brandon Chow, Director, Investor Relations
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+1 450.979.8700 ext 5762
Rising inflation, interest rates have many taking proactive steps to secure finances
DULUTH, Ga.--(BUSINESS WIRE)--Primerica, Inc. (NYSE: PRI), a leading provider of financial services in the United States and Canada, released the Middle-Income Financial Security Monitor for the second quarter of 2022 — a national survey that measures changes in the sentiments of middle-income families in the U.S. about their finances.
The survey found middle-income households taking proactive steps to secure their finances as they brace for a possible recession. About three-quarters (77%) believe the country will be in that situation by the end of the year, and most Americans are preparing by cutting back on spending, delaying major purchases, or planning to work longer before retirement.
“Middle-income families are taking a hard look at their finances right now. Rising costs continue to eat into their bottom line amid fresh concerns of a recession,” said Glenn J. Williams, CEO of Primerica. “For 45 years, we’ve helped working families prepare to weather these types of situations. We’ve reassured them that professional financial guidance is not only for the affluent. It is critical to their long-term planning and can support their efforts to endure a potential economic downturn.”
Key Findings from Primerica’s U.S. Middle-Income Financial Security Monitor
Topline Trends Data
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Jun.
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Mar.
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Dec.
|
Aug.
|
Apr.
|
Dec.
|
How would you rate the condition of your personal finances? (Reporting “Excellent” and “Good” responses.)
Q2 2022 Survey: Confidence in personal finances has trended downward since April 2021.
|
54% |
60% |
64% |
65% |
67% |
57% |
Overall, would you say your income is…? (Reporting “Falling behind the cost of living” responses.)
Q2 2022 Survey: Concern about meeting increased cost of living is up.
|
75% |
67% |
68% |
65% |
56% |
59% |
Do you have an emergency fund that would cover an expense of $1,000 or more (for example, if your car broke down or you had a large medical bill)? (Reporting “Yes” responses.)
Q2 2022 Survey: About the same percentage have an emergency fund that would cover an expense of $1,000 or more.
|
61% |
62% |
60% |
65% |
66% |
56% |
How would you rate the economic health of your community? (Reporting “Not so good” and “Poor” responses.)
Q2 2022 Survey: The economic health of communities is trending downward.
|
58% |
52% |
50% |
54% |
52% |
57% |
How would you rate your ability to save for the future? (Reporting “Not so good” and “Poor” responses.)
Q2 2022 Survey: Over 70% feel it will be difficult to save for the future, an increase from previous surveys.
|
72% |
66% |
62% |
63% |
58% |
65% |
In the past three months, has your credit card debt…? (Reporting “Increased” responses.)
Q2 2022 Survey: Credit card debt is at the highest point in Monitor history. |
29% |
25% |
28% |
21% |
18% |
25% |
About Primerica’s Middle-Income Financial Security Monitor
The Monitor is a quarterly national survey to monitor the financial health of those with annual household incomes of $30,000-$100,000. Change Research conducted online polling from June 4th through 6th, 2022. Using Dynamic Online Sampling, Change Research polled 1384 adults over 18. Post-stratification weights were made on gender, age, race, education and Census region to reflect the population of these adults based on the five-year averages in the 2020 American Community Survey published by the U.S. Census. The margin of error is 3.1%.
About Primerica, Inc.
Primerica is a leading provider of financial services to middle-income households in the United States and Canada. Licensed financial representatives educate Primerica clients about how to prepare for a more secure financial future by assessing their needs and providing appropriate products like term life insurance, mutual funds, annuities, and other financial products. Primerica insured over 5.7 million lives and had over 2.7 million client investment accounts as of December 31, 2021. Primerica was the #2 issuer of Term Life insurance coverage in the United States and Canada in 2021 through its insurance company subsidiaries. Primerica stock is included in the S&P MidCap 400 and the Russell 1000 stock indices and is traded on The New York Stock Exchange under the symbol “PRI”.
Primerica Media:
Gana Ahn, 678-431-9266
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Primerica Investor Relations:
Nicole Russell, 470-564-6663
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OSLO, Norway--(BUSINESS WIRE)--#Electrolyser--Nel Hydrogen US, a subsidiary of Nel ASA (Nel, OSE:NEL), has received a purchase order from Viva Energy Australia Pty. Ltd. (Viva Energy) for a MC500 containerized PEM water electrolyser. When installed, the electrolyser will be the biggest in Australia and provide green hydrogen to a fleet of heavy fuel cell vehicles.
Viva Energy is an ASX listed company that owns the Geelong refinery and supplies a service station network of around 1,350 Shell and Liberty service stations across Australia. Viva Energy also supplies fuels and other products to a range of commercial customers.
As part of its Geelong Energy Hub, Viva Energy is building a new energy service station near its Geelong refinery that will provide battery charging and hydrogen refueling. The system delivered by Nel is a containerized solution with a production capacity up to 1,063kg/day, and will supply fuel cell grade hydrogen directly on site to the dedicated fueling station. The project received a grant from the Australian Renewable Energy Agency (ARENA) as part of ARENA's Advancing Renewables Program and the Victorian Government also contributed to the project via the Renewable Hydrogen Commercialization Pathways Fund.
“It is a great pleasure to collaborate with Viva Energy and our local partner ENGV to develop this unique flagship project in Australia. This project is an important milestone for Australia’s targeted efforts to decarbonize the mobility sector and create a local hydrogen economy”, says Raymond Schmid, VP Sales and Marketing EMEA and Oceania.
The contract has an approximate value of about EUR 4m, and the system is expected to be delivered in Q3 2023.
About Nel ASA | www.nelhydrogen.com
Nel is a global, dedicated hydrogen company, delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. We serve industries, energy, and gas companies with leading hydrogen technology. Our roots date back to 1927, and since then, we have had a proud history of development and continuous improvement of hydrogen technologies. Today, our solutions cover the entire value chain: from hydrogen production technologies to hydrogen fueling stations, enabling industries to transition to green hydrogen, and providing fuel cell electric vehicles with the same fast fueling and long range as fossil-fueled vehicles - without the emissions.
For additional information:
Kjell Christian Bjørnsen, CFO, +47 917 02 097
Wilhelm Flinder, Head of Investor Relations, +47 936 11 350
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The largest consented solar+ storage project in the UK has secured a 15-year Contract for Difference, providing long term revenues fully indexed to CPI and offering uncapped inflation protection
Project Fortress is set to provide critical support for the UK power grid, additional long-term reduction of carbon emissions and positive ESG impacts
LONDON--(BUSINESS WIRE)--Quinbrook Infrastructure Partners (“Quinbrook”), a specialist global investment manager focused exclusively on the new infrastructure needed for the energy transition, announced today that its consented 350 MW solar + battery storage project, located in Kent, UK (“Project Fortress”) has secured a 15-year Contract for Difference (“CfD”) in the latest auction round.
Project Fortress was the largest solar PV project to secure a CfD in round 4, which enabled a record amount of renewable energy to be secured through the biggest ever round of the UK government’s flagship auction scheme. The Secretary of State for Business, Energy and Industrial Strategy (“BEIS”) confirmed that the fourth round of the CfD scheme has been the most successful ever, securing almost 11 GW across a range of clean technologies, helping to boost British energy security and independence with cleaner, more affordable and diverse energy produced in the UK.
Quinbrook expects construction of Project Fortress to commence by year end. Once operational, Project Fortress is expected to be the largest single site solar PV installation in the UK. The addition of battery storage to large scale solar generation at Project Fortress is designed to provide critical flexibility to improve energy security and reliability for the UK power grid and help continue the UK’s sustainable drive to Net Zero.
A Nationally Significant Infrastructure Project (“NSIP”), Project Fortress was granted development consent by BEIS in May 2020. Project Fortress is forecast to generate enough renewable power each year to meet the power needs of c. 100,000 UK homes and to help reduce carbon emissions by 164,450 tonnes in its first year of operations alone. Project Fortress includes an extensive landscape and biodiversity management plan, designed in collaboration with Natural England, Kent Wildlife Trust, RSPB, and the Environment Agency, that will add more than 3.5 km of native hedgerow screen planting across the site and seek to deliver a net gain of 65 percent in biodiversity.
Rory Quinlan, Co-Founder and Managing Partner of Quinbrook commented, "The award of a 15-year fully indexed CfD is a significant milestone and completes the first phase of our plan to sell the solar power generated by Project Fortress in multiple tranches, leveraging the benefit of the secure CfD revenues which offer significant capital protection with value upside. We will now look to contract the balance of the project’s supply capacity to a blend of corporate and utility customers over the coming months. We are advanced in our equipment procurement and expect to commence construction this year.”
Investment in Project Fortress continues the Quinbrook Founders’ 20+ year history of investment in UK renewables and grid support projects. Quinlan added: “The acute power price volatility and security of energy supply concerns we have seen in the UK these past twelve months highlight how critical new capacity investment in the UK will be to deliver the energy transition without further disruption. We plan for Project Fortress to play a material part in helping to improve energy independence for the UK.”
Quinbrook Focuses on UK ‘Net Zero’ Transition
In the UK, Quinbrook is focusing on opportunities arising from the accelerating energy transition to decarbonise the country’s power system by 2035. With more than 20 GW of ageing thermal plants being retired this decade, significant long-term capital investment in new renewables supply infrastructure, battery storage, smart grid and related businesses will be needed. Quinbrook views the need for new supply and grid support infrastructure as an opportunity to deliver measurable ESG impact from asset creation and optimisation which it considers fundamental to any ‘high impact’ focused investment thesis.
About Quinbrook
Quinbrook Infrastructure Partners (http://www.quinbrook.com) is a specialist investment manager focused exclusively on renewables, storage and grid support infrastructure and operational asset management in the US, UK and Australia. Quinbrook is led and managed by a senior team of power industry professionals who have collectively invested c. USD 8.2 billion equity in energy infrastructure assets since the early 1990s, representing a total enterprise value of c. USD 28.7 billion or 19.5 GW of power supply capacity. Quinbrook's investment and asset management team has offices in Houston, London, Jersey, and the Gold Coast of Australia. Quinbrook has completed a diverse range of direct investments in both utility and distributed scale wind power, grid support, biomass, battery storage and ‘smart grid’ projects in the US, UK and Australia.
Media:
Jennifer Pflieger
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+1 (212) 446-1866
SALT LAKE CITY--(BUSINESS WIRE)--Bridge Investment Group Holdings Inc. (NYSE: BRDG) (“Bridge” or the “Company”) today announced the launch of its newest strategy, Bridge Solar Energy Development (“Bridge Solar”), in partnership with Lumen Energy Inc. (“Lumen”).
As companies move to decarbonize their operations, onsite renewable energy is increasingly economical. Commercial rooftop solar technology costs have fallen 69% over the last 10 years, while retail electricity prices increased 10% nationally just since 2020; however, onsite commercial solar deployment has remained slow due to complex utility building data, supply chain issues, financing complexities and diverse state-specific incentives. For one-off projects, the unfamiliar process overhead and capital expenditure remain high compared to direct benefits, yet too small for utility-scale investors. Bridge believes that its national footprint and local expertise, combined with Lumen’s data-driven technology, will streamline the analysis and implementation of solar in a high-demand market that has been largely untapped. Only 4.5% of the approximately six million commercial properties in the United States currently have solar arrays, leaving more than 145 gigawatts of onsite solar potential.
“We expect Bridge Solar to provide an unmet need for green energy, via the provision of clean energy at a discount to market rates by deploying renewable energy infrastructure equipment on existing buildings,” said John Ward, Chief Executive Officer, Bridge Solar, and Chief Investment Officer, Bridge Office. “By partnering with Lumen Energy, a leader in the clean energy software and energy project development process technology space, we will offer best in class design, procurement, construction and operation of solar projects on properties owned by Bridge-managed funds and third-party assets.”
This unique partnership enables Bridge Solar to evaluate thousands of new property addresses at once, and make decisions in minutes. Building on technology pioneered at U.S. National Labs, Lumen’s technology quantifies the economically ideal “clean energy stack” unique to each property, inclusive of financing and incentives, then automates the deployment process.
“We are excited to partner with Bridge on the next phase of growth for Lumen,” explained Peter Light, Chief Executive Officer of Lumen. “Together, our scale, precision, and automation allow us to deliver profitable decarbonization with speed and ease. By building solar-powered energy systems on existing buildings, Bridge Solar will utilize unused space to meet the growing demand for green energy, while simultaneously providing owners and tenants a discount to market energy prices.”
About Bridge Investment Group
Bridge is a leading, vertically integrated real estate investment manager, diversified across specialized asset classes, with approximately $38.8 billion of assets under management as of March 31, 2022. Bridge combines its nationwide operating platform with dedicated teams of investment professionals focused on select U.S. real estate verticals: residential rental, office, development, logistics properties, net lease and real estate-backed credit.
About Lumen Energy
Lumen Energy is a leading software platform that empowers commercial real estate owners to profitably select and deploy renewable energy across many properties at once. Lumen Energy’s software fuses supercomputer outputs and energy market data into investment-grade financial models, enabling building owners to easily evaluate which clean energy solutions enhance the value of their buildings. The Lumen platform connects owners with a marketplace of qualified local installers, automating clean energy deployment from start-to-finish.
Forward-Looking Statements
This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which relate to future events or our future performance or financial condition. All statements other than statements of historical facts may be forward-looking statements. In some cases, you can identify forward-looking statements by terms such as “outlook,” “could,” “believes,” “expects,” “potential,” “opportunity,” “continues,” “may,” “will,” “should,” “over time,” “seeks,” “predicts,” “intends,” “plans,” “estimates,” “anticipates,” “foresees” or negative versions of those words, other comparable words or other statements that do not relate to historical or factual matters. Accordingly, we caution you that any such forward-looking statements are based on our beliefs, assumptions and expectations as of the date made of our future performance, taking into account all information available to us at that time. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties that are difficult to predict and beyond our control. Actual results may differ materially from those express or implied in the forward-looking statements as a result of a number of factors, including but not limited to those risks described from time to time in our filings with the Securities and Exchange Commission. Any forward-looking statement speaks only as of the date on which it is made. Bridge Investment Group Holdings Inc. undertakes no duty to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law. Nothing in this press release constitutes an offer to sell or solicitation of an offer to buy any securities of the Company or any investment fund managed by the Company or its affiliates.
Shareholder Relations:
Bonni Rosen
Bridge Investment Group Holdings Inc.
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Media:
Charlotte Morse
Bridge Investment Group Holdings Inc.
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(877) 866-4540
DUBLIN--(BUSINESS WIRE)--The "Biodiesel Market Size, Share & Trends Analysis Report By Feedstock (Vegetable Oils, Animal Fats), By Application (Fuel, Power Generation), By Region (Europe, APAC), And Segment Forecasts, 2022 - 2030" report has been added to ResearchAndMarkets.com's offering.
Biodiesel Market Growth & Trends
The global biodiesel market size is projected to reach USD 73.05 billion by 2030, expanding at a CAGR of 10.0% over the forecast period, according to a new report. Growing demand for biodiesel as automobile fuel due to its eco-friendly properties, such as the reduced risk of GHG emissions, is expected to drive the industry growth.
The market is distinguished by the presence of numerous players, the majority of whom are based in North America and Europe. Industry participants are embracing integration strategies to reduce their reliance on raw material suppliers and strengthen their position in the global industry. In 2021, North America accounted for over USD 5,114.7 million.
Environmental support, better regulatory support, geopolitical support, customer support, and economic and agricultural support are all driving the market growth. Biodiesel made from vegetable oils is popular in a variety of industries because the saturated fat content is low, making the production process simple and lowering overall production costs.
Furthermore, the feedstock required to produce vegetable oils is more readily available than greases and animal fats. The market is expected to be led by the fuel application type segment, followed by power generation. The Europe region is expected to be the product's primary market. The high product demand from the automotive sector and various government initiatives to reduce GHG emissions are expected to propel market growth.
Biodiesel Market Report Highlights
Key Topics Covered:
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Market Variables, Trends & Scope
Chapter 4. Global Biodiesel Market: Feedstock Estimates & Trend Analysis
Chapter 5. Global Biodiesel Market: Application Estimates & Trend Analysis
Chapter 6. Global Biodiesel Market: Regional Estimates & Trend Analysis
Chapter 7. Global Biodiesel Market - Competitive Landscape
Chapter 8. Company Profiles
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/9xz2ig
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
DALLAS--(BUSINESS WIRE)--Pioneer Natural Resources Company (“Pioneer”) (NYSE:PXD) today announced its second quarter 2022 earnings news release is scheduled to be issued after the close of trading on the New York Stock Exchange on Monday, August 8, 2022.
A conference call is scheduled for Tuesday, August 9, 2022 at 9:00 a.m. Central Time to discuss the second quarter results. Instructions on how to listen to the call and view the accompanying presentation are shown below.
Internet: www.pxd.com
Select “Investors” then “Earnings & Webcasts” to listen to the discussion and view the presentation.
Telephone: Dial (800) 263-0877 confirmation code 8010753 five minutes before the call. View the presentation via Pioneer’s internet address above.
A replay of the webcast will be archived on Pioneer’s website. Alternatively, an audio replay will be available through August 31, 2022. To register and access the audio replay, click here and enter confirmation code 8010753.
Pioneer is a large independent oil and gas exploration and production company, headquartered in Dallas, Texas, with operations in the United States. For more information, visit Pioneer’s website at www.pxd.com.
Investors
Neal Shah – 972-969-3900
Tom Fitter – 972-969-1821
Greg Wright – 972-969-1770
Chris Leypoldt – 972-969-5834
Media and Public Affairs
Christina Voss – 972-969-5706
DUBLIN--(BUSINESS WIRE)--The "Global Oil and Gas Outlook, 2022" report has been added to ResearchAndMarkets.com's offering.
The oil and gas industry recovered strongly in 2021 after recording an all-time low in 2020 due to the COVID-19 pandemic. Oil prices in 2021 increased by 70.5% and reached a yearly average of $67.7 per barrel. Amid the geopolitical chaos and Russo-Ukrainian, the oil price rose to $117 per barrel in Q1 2022.
Despite the better-than-expected recovery in the oil and gas industry, uncertainty still looms due to changes in market dynamics in the coming years. This outlook study addresses the global market dynamics and implications in regional hot spots. As we move toward the second half of 2022, we observe that oil and gas companies are very disciplined with their capital spending, focusing more on their financial health, investing in more sustainable businesses, and committing toward climate change and transforming their business models.
The analyst has identified 5 major trends representing key pillars for growth within the oil and gas industry in the medium to long term:
Key Topics Covered:
1. Strategic Imperatives
2. Growth Environment
3. Research Scope and Segmentation
4. Global Oil and Gas Outlook
5. Oil and Gas Upstream Segment Outlook
6. Regional Predictions 2022
7. Growth Opportunity Universe
8. Key Conclusions
For more information about this report visit https://www.researchandmarkets.com/r/3klixo
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
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