Kimbell Royalty Partners is acquiring mineral and royalty interests in the Permian Basin for $147 million, with payment split about 30% cash and 70% equity. This deal is expected to increase Kimbell's oil production by roughly 9%, adding 1,390 barrels of oil equivalent per day, with 54% of that being oil. The acquisition also raises the unit count by 6% and could increase distributable cash flow per unit by about 1%. Long-term valuation estimates for Kimbell stand at $18.50 per unit based on $75 WTI oil and $3.75 NYMEX natural gas prices.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Hi-View Resources Inc. has started its 2026 exploration program in the Toodoggone Mining District, British Columbia, focusing on porphyry targets at key sites like Lawyer’s East, Borealis, and Golden Stranger. The program includes 50 line kilometres ...
The U.S. Patent and Trademark Office (USPTO) has introduced an AI-assisted image search feature in its public trademark search system, TM Search, using technology from Clarivate Plc. This new tool allows users to upload images and compare them agains...
AIB Data Centers Inc. is considered a speculative buy with a $3.50 price target based on its 65 MW energized capacity. The investment case depends heavily on securing a single anchor lease at its CLT-01 facility, which would validate its business mod...
Experian PLC started its 2027 financial year with a 10% revenue increase in the first quarter, driven by strong demand in North America and Latin America. Organic growth was 7%, with North America growing 7% despite a 2% drop in consumer services due...
