Diversified Energy Company PLC is moving from an acquisition-led growth model to drilling its own wells, launching a one-rig development program in Oklahoma with a $35-50 million budget in the second half of 2026. The company identified over 450 economic drilling locations, enough for 20 years of work at this pace, aiming to boost production materially in 2027. Despite a 14% drop in Q2 adjusted EBITDA to $240 million and narrower margins due to softer prices and fewer asset sales, total commodity revenue rose to $504 million helped by recent acquisitions. Diversified also sold non-core assets for $147 million, returned $136 million to shareholders this year, and maintains a leverage ratio within target. CEO Rusty Hutson Jr highlighted this drilling initiative as a new growth phase, complementing joint ventures to offset production declines.
Japanese software firm Micware, through its subsidiary Micware Navigations, has partnered with Wiz Ltd. to offer cloud and AI security solutions leveraging Wiz's platform. This initiative addresses growing security complexities in AI and cloud enviro...
Pandora announced that CFO Anders Boyer will retire on November 30, 2026, after over 14 years with the company. Paulo Garcia, with 25 years of international experience in consumer goods and former CFO of Walmart Mexico & Central America, will join Pa...
RENK Group AG reported a record order intake of around €1.2 billion in the first half of 2026, a 29.7% increase from the previous year, driven by strong demand in defense. Revenue rose slightly by 2.7% to €637.2 million, while adjusted EBIT grew by 1...
RENK Group AG reported a record €1.2 billion in orders for the first half of 2026, a 29.7% increase from the previous year, driven by strong demand in defense. The company achieved its highest-ever quarterly order intake of €612.8 million in Q2, with...
Mowi ASA will present its second quarter 2026 financial results on August 18, 2026, at 08:00 CET in Oslo, Norway. The presentation will be conducted in English and streamed live online, followed by a Q&A session allowing participants to submit questi...
