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Desert Mountain Energy plans major gas system upgrade and wins key legal battle in Arizona

Market News
05 May 2026
TheNewswire
View Source
Bullish
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Desert Mountain Energy is upgrading its Pecos Slope gas gathering system by replacing old pipelines to reduce costs and boost gas sales. The company won a legal ruling in its favor against the City of Flagstaff but faces a new lawsuit now moved to Federal Court. It is also awaiting environmental approval for wells in Arizona and expanding into carbon capture with a new U.S. subsidiary. Additionally, Desert Mountain is pursuing partnerships in the UK and US for gas exploration and has seen leadership changes to focus on these growth areas.

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East West Bancorp expects strong Q2 2026 with EPS $2.61 and revenue $785.94M, signaling solid growth.

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East West Bancorp is set to report strong Q2 2026 earnings with an expected EPS of $2.61 and revenue of $785.94 million, reflecting an 11.8% revenue increase and 14.5% EPS growth year-over-year. The bank shows robust financial health with expanding d...

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Crédit Agricole Brie Picardie repurchases 13,057 shares over five days under MAR rules.

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Neutral
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1 hour ago
Bank of America's new loyalty program gains 3M clients; insider sells shares amid cautious Wall Street outlook.

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Neutral
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