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Babcock & Wilcox Enterprises, Inc. ( BW ) Q3 2025 Earnings Call November 10, 2025 5:00 PM EST Company Participants Sharyn Brooks - Director of Communications Kenneth Young - CEO & Chairman of the Board Cameron Frymyer - Executive VP & CFO Conference Call Participants Aaron Spychalla - Craig-Hallum Capital Group LLC, Research Division Robert Brown - Lake Street Capital Markets, LLC, Research Division Brent Thielman - D.A. Davidson & Co., Research Division Presentation Operator Good afternoon.
BW has survived near-bankruptcy through asset sales and capital raises, but its financial position remains precarious and the stock is not fundamentally cheap. The business is difficult to analyze, with complex financials, shrinking operations, and a history of missteps, making it a high-risk investment. But growing electricity demand driven by generative AI provides a potential secular tailwind, and BrightLoop could have some value.
| Machinery Industry | Industrials Sector | Kenneth M. Young CEO | NYSE Exchange | 05614L209 CUSIP |
| US Country | 1,900 Employees | - Last Dividend | 24 Jul 2019 Last Split | 1 Jul 2015 IPO Date |
Babcock & Wilcox Enterprises, Inc., operates globally, providing a spectrum of energy and emissions control solutions tailored for a diverse range of customers, including industrial entities, electrical utilities, and municipalities. The company's offerings span across three primary segments: Babcock & Wilcox Renewable; Babcock & Wilcox Environmental; and Babcock & Wilcox Thermal. Each segment is dedicated to offering advanced technologies and services that contribute to waste reduction, energy production, emissions control, and efficient power generation. Established in 1867 with its headquarters in Akron, Ohio, Babcock & Wilcox has a historical footprint in pioneering solutions for energy and environmental challenges.
Babcock & Wilcox Renewable: This segment contributes to environmental sustainability by diverting waste from landfills for power generation, replacing fossil fuels, recovering metals, and reducing emissions. Key offerings include:
Babcock & Wilcox Environmental: This segment is focused on providing solutions for emissions control and environmental technology across various applications. Notable technologies include:
Babcock & Wilcox Thermal: This segment caters to the aftermarket needs, offering parts, maintenance, and services for various industrial applications. Services include: