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28.04.26 - 23:16
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BP doubles its profits as Iran war elevates oil prices (The Hill)
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BP earned $3.2 billion in the first quarter, the energy giant reported Tuesday — an exponential increase in its profits that beat market projects amid the rising cost of oil due to the Iran war. It's the company's highest profit in three years and first reported sign of growth under CEO Meg O'Neill, who was......
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28.04.26 - 22:24
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The Energy Stock I’d Most Want to Own for the Next Decade (Fool)
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Shell's $22B ARC Resources stock buyout extends oil sands consolidation – but Cenovus Energy (TSX:CVE) is the blue-chip stock I'd buy and hold for the next decade.
The post The Energy Stock I'd Most Want to Own for the Next Decade appeared first on The Motley Fool Canada....
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28.04.26 - 22:24
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Luxfer Reports First Quarter 2026 Results (Business Wire)
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Strong performance and resilient margins lift 2026 guidance, with a clear path to accelerating earnings growth in 2027
First Quarter 2026 Highlights*
GAAP Net Sales of $83.9 million from $97.0 million, Adjusted Sales1 declined 7.3%
GAAP Net Income was $3.8 million, or $0.14 per diluted share, compared to $5.5 million and $0.20 per diluted share
Adjusted EBITDA1 increased to $12.3 million, up 8.8%, and Adjusted Diluted EPS1 increased 17.4% to $0.27
Margins expanded, with Adjusted EBITDA margin of 14.7%, up 220bps, and gross margin of 26.1%, up 370 bps
2026 guidance raised, increasing Adj Diluted EPS midpoint to $1.17 from ~$1.12
Material step-up expected in 2027, with robust double-digit earnings growth
Comparative information is relative to prior-year first quarter; results exclude discontinued operations
1 Note: Adjusted results exclude Graphic ArtsRIVERSIDE, Calif.--(BUSINESS WIRE)--Luxfer Holdings PLC (NYSE: LXFR) (“Luxfer” or the “Company”), a global industrial company innovating niche applica...
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