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Devon Energy’s $8B Marcellus Asset Offer Signals Aggressive Growth Post-Merger

Devon Energy completed its merger with Coterra, creating a larger diversified oil and gas operator. Stone Ridge Asset Management has signaled an $8 billion opening offer for Devon’s Marcellus assets, and the combined company expects to lift its dividend by roughly 30%.

Oil States International Inc (OIS) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Oil States International Inc (OIS) Q1 2026 Earnings Call Transcript

Oil States International reported Q4 2025 results with consolidated revenue of $178 million, up 8% sequentially and year‑over‑year, driven by offshore and international markets. Adjusted EBITDA rose 9% to $23 million, while cash flow from operations surged 63% to $50 million, allowing the...

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Talos Energy Inc (TALO) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Talos Energy Inc (TALO) Q1 2026 Earnings Call Transcript

Talos Energy reported a strong 2025 performance, delivering $1.2 billion adjusted EBITDA, $418 million adjusted free cash flow and a 30% lower operating cost versus offshore peers. The company generated $72 million in free‑cash‑flow improvements—half recurring—and returned roughly 44% of free cash flow...

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Par Pacific Holdings Inc (PARR) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Par Pacific Holdings Inc (PARR) Q1 2026 Earnings Call Transcript

Par Pacific Holdings reported adjusted EBITDA of $634 million for 2025, a 13% increase year‑over‑year, and adjusted net income of $390 million, or $7.56 per share. Liquidity surged to a record $915 million, while gross term debt fell by $310 million, placing the company...

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Mercury Systems Inc (MRCY) Q3 2026 Earnings Call Transcript
NewsMay 5, 2026

Mercury Systems Inc (MRCY) Q3 2026 Earnings Call Transcript

Mercury Systems reported Q2 FY2026 results with bookings of $288 million, a 1.23 book‑to‑bill ratio and a record backlog nearing $1.5 billion. Revenue rose 4.4% to $233 million and adjusted EBITDA jumped 36% to $30 million, lifting the margin to 12.9%. Gross margin slipped...

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California Resources Corp (CRC) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

California Resources Corp (CRC) Q1 2026 Earnings Call Transcript

California Resources Corp reported record 2025 results and set a robust 2026 outlook. Adjusted EBITDAX reached $1.25 billion and free cash flow $543 million, with 94% of cash returned via dividends and share repurchases, while leverage stayed at 1.0× and liquidity at...

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Huntington Ingalls Industries Inc (HII) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Huntington Ingalls Industries Inc (HII) Q1 2026 Earnings Call Transcript

Huntington Ingalls Industries reported FY2025 revenue of $12.5 billion, an 8.2% increase, with EPS rising to $15.39. All three segments—Ingalls Shipbuilding, Newport News Shipbuilding, and Mission Technologies—posted record revenues, and the company secured $16.9 billion in new awards. Management raised its medium‑term...

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Ocugen Inc (OCGN) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Ocugen Inc (OCGN) Q1 2026 Earnings Call Transcript

Ocugen reported major clinical progress across its gene‑therapy pipeline, completing enrollment for the OCU400 Phase 3 Limelight trial and delivering strong 12‑month efficacy data for OCU410 in geographic atrophy and OCU410ST in Stargardt disease. The company announced a rolling Biologics License...

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SLR Investment Corp (SLRC) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

SLR Investment Corp (SLRC) Q1 2026 Earnings Call Transcript

SLR Investment Corp reported flat net investment income of $0.40 per share and a net income of $0.46 per share, delivering a 10.1% annualized ROE. Year‑end NAV rose to $18.26 per share as the $3.3 billion portfolio grew 7.2% YoY, driven...

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PennyMac Financial Services Inc (PFSI) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

PennyMac Financial Services Inc (PFSI) Q1 2026 Earnings Call Transcript

PennyMac Financial Services reported Q2 2025 net income of $136 million, or $2.54 per share, delivering an annualized ROE of 14%. Origination volume surged 31% to $38 billion in unpaid principal balance, while locked volume rose 26% to $43 billion. The company highlighted over...

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Community Healthcare Trust Inc (CHCT) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Community Healthcare Trust Inc (CHCT) Q1 2026 Earnings Call Transcript

Community Healthcare Trust reported Q1 2026 revenue of $30.9 million, a 5.6% year‑over‑year increase, while funds from operations rose 4.6% to $13.3 million. The REIT lifted its quarterly dividend to $0.4775 per share, annualizing $1.91, and maintained occupancy at 90% with a...

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EVgo Inc (EVGO) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

EVgo Inc (EVGO) Q1 2026 Earnings Call Transcript

EVgo reported a 50% revenue surge to $384 million in 2025, with fourth‑quarter sales jumping 75% to $118 million. The company achieved adjusted EBITDA breakeven for the first time, posting a positive $25 million in Q4 after a $24 million contract buyout. Its network...

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Energy Transfer LP (ET) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Energy Transfer LP (ET) Q1 2026 Earnings Call Transcript

Energy Transfer reported Q1 adjusted EBITDA of $4.2 billion, lifting full‑year adjusted EBITDA to $16 billion, a 3% increase. Record volumes were achieved across all segments, while distributable cash flow held steady at $2 billion for the quarter. The company outlined a $5‑$5.5 billion...

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Ball Corp (BALL) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Ball Corp (BALL) Q1 2026 Earnings Call Transcript

Ball Corporation reported global volume growth above its 2‑3% target, with North America, EMEA and South America each near the top of their outlook ranges. The Millersburg, Oregon facility is slated for second‑half 2026 startup, expected to unlock roughly $1.5 billion...

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Adapthealth Corp (AHCO) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Adapthealth Corp (AHCO) Q1 2026 Earnings Call Transcript

AdaptHealth reported 2025 net revenue of $3.245 billion and adjusted EBITDA of $616.7 million, both surpassing the midpoint of its guidance despite a slight reported decline due to divestitures. The company set record patient censuses in its Sleep Health and Respiratory Health...

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IPG Photonics Corp (IPGP) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

IPG Photonics Corp (IPGP) Q1 2026 Earnings Call Transcript

IPG Photonics reported Q1 2026 revenue of $274 million, a 17% year‑over‑year increase driven by strong materials‑processing and medical sales. Emerging growth products now account for over half of total revenue, while the company launched Crossbow, its first standalone directed‑energy...

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Gladstone Commercial Corp (GOOD) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Gladstone Commercial Corp (GOOD) Q1 2026 Earnings Call Transcript

Gladstone Commercial Corp reported FY2025 results, highlighting a decisive shift toward industrial real estate. The REIT acquired $260 million of industrial properties, boosting industrial rent share to 69% and achieving 99.1% occupancy with full cash rent collection. Financially, non‑GAAP FFO per...

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Cumberland Pharmaceuticals Inc (CPIX) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Cumberland Pharmaceuticals Inc (CPIX) Q1 2026 Earnings Call Transcript

Cumberland Pharmaceuticals reported an 18% revenue increase to $44.5 million for 2025, driven by strong sales of Vibativ, Sancuso and the newly launched Talicia. Adjusted earnings turned positive at $1.7 million and cash flow from operations rose to $4.9 million, narrowing the annual...

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Solventum Corp (SOLV) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Solventum Corp (SOLV) Q1 2026 Earnings Call Transcript

Solventum Corp reported $2.0 billion in Q1 2026 sales, posting 3.5% organic growth but a 3.7% decline on a reported basis after the Purification & Filtration divestiture and the Acera acquisition. Gross margin slipped to 53.5%, a 230‑basis‑point sequential drop, while adjusted operating income...

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Haverty Furniture Companies Inc (HVT) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Haverty Furniture Companies Inc (HVT) Q1 2026 Earnings Call Transcript

Haverty Furniture reported Q4 net sales of $201.9 million, a 9.5% year‑over‑year increase, and comparable store sales rose 8.2%. Gross margin slipped to 60.4% after a $3.9 million LIFO charge, while adjusted margin reached 62.4%. Net income climbed to $8.5 million, or $0.51...

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Manitowoc Company Inc (MTW) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Manitowoc Company Inc (MTW) Q1 2026 Earnings Call Transcript

Manitowoc reported a record $803 million fourth‑quarter order intake, up 56% YoY, and a 22% rise in year‑end backlog to $794 million. Net sales grew 14% to $677 million, while adjusted EBITDA reached $40 million after mitigating roughly 85% of tariff pressure. Free cash...

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Lumentum Holdings Inc (LITE) Q3 2026 Earnings Call Transcript
NewsMay 5, 2026

Lumentum Holdings Inc (LITE) Q3 2026 Earnings Call Transcript

Lumentum Holdings posted a record $665.5 million revenue for Q2 FY2026, up more than 65% year‑over‑year, driven by strong components sales and rapid growth in cloud transceivers, optical circuit switches (OCS) and co‑packaged optics (CPO). Non‑GAAP operating margin surged to 25.2%,...

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Telesat Corp (TSAT) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Telesat Corp (TSAT) Q1 2026 Earnings Call Transcript

Telesat Corp reported 2025 revenue of $418 million and adjusted EBITDA of $213 million, but posted a $530 million net loss as the GEO segment faced goodwill impairment and the LEO Lightspeed program incurred higher capitalized labor. The company announced a three‑month delay...

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Strategy Inc (MSTR) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Strategy Inc (MSTR) Q1 2026 Earnings Call Transcript

MicroStrategy reported Q1 2024 results, highlighting a continued shift to cloud‑based subscriptions and aggressive Bitcoin accumulation. Subscription services revenue rose 22% to $23 million, while on‑prem license revenue dropped 26%, reflecting the transition to a recurring model. The company purchased 25,128...

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Skyworks Solutions Inc (SWKS) Q2 2026 Earnings Call Transcript
NewsMay 5, 2026

Skyworks Solutions Inc (SWKS) Q2 2026 Earnings Call Transcript

Skyworks Solutions reported Q2 2026 revenue of $944 million and EPS of $1.15, both beating the top of guidance. Mobile accounted for 58% of sales while broad markets grew 10% YoY, driven by Wi‑Fi, data‑center and automotive segments. The company...

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Life Time Group Holdings, Inc (LTH) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Life Time Group Holdings, Inc (LTH) Q1 2026 Earnings Call Transcript

Life Time Group Holdings reported Q2 2025 revenue of $761 million, a 14% year‑over‑year increase, driven by higher membership dues, enrollment fees, and incentive revenue. Net income rose 36.5% to $72.1 million, while adjusted net income surged 60.5% to $84.1 million and adjusted EBITDA...

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Postal Realty Trust Inc (PSTL) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Postal Realty Trust Inc (PSTL) Q1 2026 Earnings Call Transcript

Postal Realty Trust (PSTL) delivered full‑year AFFO of $1.32 per share, a 13.8% increase that hit the top of its guidance, while completing $123.1 million in acquisitions in 2025. Management set 2026 AFFO guidance at $1.39‑$1.41 per share and announced $115‑$125 million...

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Teradata Corp (TDC) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Teradata Corp (TDC) Q1 2026 Earnings Call Transcript

Teradata Corp reported Q1 2026 revenue of $444 million, a 6% year‑over‑year increase, and recurring revenue of $400 million, up 12% YoY, surpassing the top end of its guidance. Non‑GAAP operating margin expanded to 27.3% and diluted EPS rose 30% to $0.88,...

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DaVita Inc (DVA) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

DaVita Inc (DVA) Q1 2026 Earnings Call Transcript

DaVita reported adjusted operating income of $439 million and adjusted EPS of $2 for Q1 2026, surpassing its own guidance thanks to disciplined expense management and higher reimbursement from phosphate binders. Treatment volume fell 40 basis points year‑over‑year, prompting a revised...

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Expro Group Holdings NV (XPRO) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Expro Group Holdings NV (XPRO) Q1 2026 Earnings Call Transcript

Expro Group reported $1.6 billion in full‑year revenue, matching guidance, and generated $303 million of adjusted EBITDA at a 22% margin, up 170 basis points year‑over‑year. Free cash flow more than doubled to $127 million, exceeding the $110‑$120 million outlook. The company closed the...

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Integra Lifesciences Holdings Corp (IART) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Integra Lifesciences Holdings Corp (IART) Q1 2026 Earnings Call Transcript

Integra LifeSciences reported Q1 2026 revenue of $392 million, a 2.4% reported increase, and adjusted EPS of $0.54, surpassing guidance. Gross margin rose to 64.1% and adjusted EBITDA margin improved to 19.4%, reflecting favorable product mix, tariff benefits, and transformation...

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DHT Holdings Inc (DHT) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

DHT Holdings Inc (DHT) Q1 2026 Earnings Call Transcript

DHT Holdings reported a cash balance of $58.7 million and total liquidity of $235 million at the end of Q1 2022, with EBITDA of $14.4 million but a net loss of $17.3 million after a $7.5 million non‑cash gain. The company maintained tight cost control, operating...

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Prudential Financial Inc (PRU) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Prudential Financial Inc (PRU) Q1 2026 Earnings Call Transcript

Prudential Financial reported a record Q1 2024, delivering $1.5 billion adjusted operating income, a 16% year‑over‑year increase. Strong net inflows boosted PGIM assets to $1.3 trillion, while retirement and individual life sales hit decade‑highs. The company returned over $700 million to shareholders and...

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Kimball Electronics Inc (KE) Q3 2026 Earnings Call Transcript
NewsMay 5, 2026

Kimball Electronics Inc (KE) Q3 2026 Earnings Call Transcript

Kimball Electronics reported Q4 fiscal 2025 net sales of $381 million, a 12% YoY decline, driven by a 13% drop in automotive revenue after losing the Reynosa braking program. The medical segment grew 5% YoY to $107 million, representing 28%...

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Titan America SA (TTAM) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Titan America SA (TTAM) Q1 2026 Earnings Call Transcript

Titan America reported Q4 2025 revenue of $406 million, a 4% year‑over‑year increase, and adjusted EBITDA of $94 million, lifting the margin to 23.1%. Full‑year results set new records with $1.66 billion in revenue and $390 million in adjusted EBITDA, expanding the margin by...

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Kosmos Energy Ltd (KOS) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Kosmos Energy Ltd (KOS) Q1 2026 Earnings Call Transcript

Kosmos Energy reported strong Q1 2026 progress, highlighting 1P reserve replacement of 90% (120% excluding the pending Equatorial Guinea divestiture), Jubilee field production above 70,000 barrels per day with a new 13,000‑bpd well, and GTA LNG output averaging 2.9 million tonnes...

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LCI Industries (LCII) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

LCI Industries (LCII) Q1 2026 Earnings Call Transcript

LCI Industries reported Q1 2026 revenue of $1.1 billion, up 4% year‑over‑year, and adjusted EBITDA of $125 million, a 13% increase, lifting the EBITDA margin to 11.5%. Operating margin rose to 8.7% driven by plant consolidations, higher content per unit, and aftermarket...

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Electronic Arts Inc (EA) Q4 2026 Earnings Call Transcript
NewsMay 5, 2026

Electronic Arts Inc (EA) Q4 2026 Earnings Call Transcript

Electronic Arts reported FY2024 net bookings of $7.43 billion, a modest 1% increase year‑over‑year, while GAAP revenue rose 2% to $7.56 billion and earnings per share surged 63% to $4.68. The company highlighted record operating cash flow of $2.32 billion and free cash...

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Adaptive Biotechnologies Corp (ADPT) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Adaptive Biotechnologies Corp (ADPT) Q1 2026 Earnings Call Transcript

Adaptive Biotechnologies reported $277 million total revenue for 2025, a 55% year‑over‑year increase, driven by a 46% jump in MRD revenue to $212 million and a 43% rise in clonoSEQ test volume to 30,038. Average selling price per test climbed 17% to...

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EOG Resources Inc (EOG) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

EOG Resources Inc (EOG) Q1 2026 Earnings Call Transcript

EOG Resources reported record $4.7 billion free cash flow for 2025 and returned 8.2% of market cap to shareholders through dividends and buybacks. The company cut well costs by 7% by extending laterals and improving efficiencies, while adding 16% to proved...

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Revvity Inc (RVTY) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Revvity Inc (RVTY) Q1 2026 Earnings Call Transcript

Revvity reported a solid Q1 2026, posting $711 million revenue, 3% total organic growth and adjusted EPS of $1.06, beating guidance. The company announced a strategic divestiture of its China immunodiagnostics unit, a 6% revenue segment hampered by policy headwinds, with...

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UL Solutions Inc (ULS) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

UL Solutions Inc (ULS) Q1 2026 Earnings Call Transcript

UL Solutions reported a record year with total revenue of $3.1 billion, up 6.4% year‑over‑year, and adjusted EBITDA margin expanding to 25.9%, a 300‑basis‑point improvement. The company generated $403 million of free cash flow, repaid $253 million of debt, and raised its quarterly...

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Bristow Group Inc (VTOL) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Bristow Group Inc (VTOL) Q1 2026 Earnings Call Transcript

Bristow Group reported adjusted EBITDA of $246 million for 2025, a 4% increase year‑over‑year, and reaffirmed its 2026 outlook with adjusted EBITDA projected between $295 million and $325 million, roughly 25% growth. Total revenue rose to $1.46 billion, and the company...

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Workiva Inc (WK) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Workiva Inc (WK) Q1 2026 Earnings Call Transcript

Workiva reported Q3 2025 total revenue of $224 million, up 21% year‑over‑year, and subscription revenue of $210 million, rising 23% and surpassing the top end of its guidance. The company posted a non‑GAAP operating margin of 12.7%, beating expectations by 470 basis...

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SuRo Capital Corp (SSSS) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

SuRo Capital Corp (SSSS) Q1 2026 Earnings Call Transcript

SuRo Capital Corp. posted a 21% rise in net asset value (NAV) to $8.09 per share and delivered roughly 70% total shareholder return for 2025, driven by strong private‑tech holdings and a $0.50 dividend. Management highlighted that ongoing and near‑term...

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Peabody Energy Corp (BTU) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Peabody Energy Corp (BTU) Q1 2026 Earnings Call Transcript

Peabody Energy reported record safety and environmental performance in Q4 2025 and launched longwall mining at its Centurion mine ahead of schedule. The mine is slated to ship 3.5 million tons of premium hard‑coking coal in 2026, rising to 4.7 million tons...

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United Fire Group Inc (UFCS) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

United Fire Group Inc (UFCS) Q1 2026 Earnings Call Transcript

United Fire Group reported record 2025 results, posting $67 million underwriting profit, $98 million investment income, and $1.3 billion net written premium, while the combined ratio fell to 94.8%. Return on equity climbed to 13.7%, the highest in two decades, and the board...

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Atkore Inc (ATKR) Q2 2026 Earnings Call Transcript
NewsMay 5, 2026

Atkore Inc (ATKR) Q2 2026 Earnings Call Transcript

Atkore reported Q1 FY26 net sales of $656 million, a 2% organic volume increase, and adjusted EBITDA of $69 million, driven by $30 million of productivity gains. Adjusted earnings per share fell to 83 cents from $1.63 a year earlier, while a one‑time foreign...

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Neurocrine Biosciences Inc (NBIX) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Neurocrine Biosciences Inc (NBIX) Q1 2026 Earnings Call Transcript

Neurocrine Biosciences reported Q1 2026 results with total product sales exceeding $2.8 billion, a 22% year‑over‑year increase driven by strong performance of INGREZZA and the first‑year launch of CRENESSITY. INGREZZA generated over $2.5 billion, up 9%, while CRENESSITY posted more than $300 million, covering...

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Lindblad Expeditions Holdings Inc (LIND) Q1 2026 Earnings Call Transcript
NewsMay 5, 2026

Lindblad Expeditions Holdings Inc (LIND) Q1 2026 Earnings Call Transcript

Lindblad Expeditions reported first‑quarter 2024 revenue of $154 million, a 7% year‑over‑year increase, driven by a 20% rise in bookings and strong demand for experiential travel. The company highlighted a 35% jump in 2024 bookings after extending its partnership with National...

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