Energy Transfer reported a strong Q1 with distributable cash flow soaring to $2.7 billion, prompting an upward revision of its guidance by $750 million. The company is shifting its growth strategy from risky new projects to more reliable expansions of existing assets, especially in Texas, which offer higher returns on invested capital. Despite investor worries about debt, the company's leverage ratio is approaching a safer sub-4.0x level and could improve further by 2030, potentially doubling unit prices under conservative assumptions. This positions Energy Transfer as a strong buy with solid fundamentals and a clearer path to sustainable growth.
Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...
Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...
Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...
The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...
Red Light Holland, after acquiring Filament Health, has expanded its capabilities in pharmaceutical-grade psilocybin development. Filament completed a shipment of its botanical psilocybin drug candidate, PEX010, to the European Union to support multi...
