Kinetik Holdings reported record Q2 results with 36% revenue growth and 35% adjusted EBITDA growth, driven by natural gas liquids recoveries and downstream optimization. The company’s growth is supported by expansion projects such as Kings Landing II and the ECCC Pipeline, enhancing access to the Gulf Coast and promising multi-year EBITDA growth. Despite a high EV/EBITDA multiple, Kinetik’s forward price-to-cash-flow discount and solid backlog execution make it an attractive long-term investment with manageable risks and leverage. This positions Kinetik as a key player in monetizing constraints in the Delaware Basin midstream value chain.
Wistron Corporation's shares fell over 6% after announcing a $1.47 billion global depositary receipt offering to raise funds for raw material purchases. The offering involves 25 million receipts priced at a 5.5% discount, representing about 7.29% of ...
A British man known as Chris reclaimed 61 BTC worth $4.4 million after 12 years of legal battle following the 2014 collapse of Intersango, a UK bitcoin exchange. Initially buying bitcoin in 2011, Chris left his coins in the exchange custody, which sh...
XPENG has started operating the world's first advanced humanoid robot production lines, successfully transitioning from R&D to mass manufacturing. Their humanoid robot, IRON, features high dexterity, AI intelligence, and automotive-grade quality, des...
Lemonade announced that CFO Tim Bixby will participate in the KBW Insurance Conference on September 10 and the FT Partners FinTech Conference on September 15, 2026. His appearances will include one-on-one meetings and fireside chats, with webcasts av...
ExxonMobil maintains a buy rating due to strong free cash flow, disciplined capital spending, and attractive valuation. In Q2, the company achieved record upstream production, generated $18.9 billion in free cash flow, and returned $5.1 billion to sh...
