Venture Global delivered strong Q2 results, ramping up LNG production, securing financing, and expanding capacity, despite external pressures and arbitration concerns. A favorable arbitration outcome with Shell reduces financial risk and validates VG's modular construction and commissioning cargo strategy, boosting confidence in future legal cases. VG's project execution and unique financing approach enable rapid debt paydown and capacity growth, positioning it to rival Cheniere as North America's top LNG exporter.
VG Q2 earnings and revenues rise year over year due to surging LNG sales from its Plaquemines project.
Volato Group Inc said on Thursday it is on track to close its planned all-stock merger with M2i Global (OTC:MTWO) in the fourth quarter of 2025, as the private aviation company reported its second consecutive quarterly profit and sharply reduced liabilities. A joint integration team is finalizing readiness plans across finance, IT, cybersecurity, procurement and compliance, with early cost synergies expected to be implemented immediately after the deal closes.
SELF delivers higher second-quarter 2025 earnings as rising occupancy and tenant satisfaction lifted core performance.
GEV aims to capture the global nuclear surge with its BWRX-300 small modular reactors and expanding international collaborations.
Liquefied natural gas producer Venture Global expects to win its remaining arbitration cases against major energy companies following its victory against Shell , CEO Mike Sabel said on Wednesday.
Venture Global's rapid LNG export growth is not priced in, offering a 30% upside to a $16 fair value despite current risks. The company is poised to surpass Cheniere as the largest US LNG exporter, with three major projects driving capacity expansion. Litigation over delayed operations and execution risks warrants a valuation discount, but recent long-term contracts show continued customer interest.
Abacus Global Management (NASDAQ:ABL) said on Tuesday it has taken a minority stake in Dynasty Financial Partners, a provider of technology-enabled wealth management solutions for independent financial advisers. The companies have an existing relationship, with Abacus already part of Dynasty's network of independent firms using its technology, services, turnkey asset management program, digital lead generation tools, capital solutions and investment bank.
Global Payments' results are solid and on track, with strong cash flow and positive progress on the Worldpay acquisition and internal transformation. The Worldpay deal enhances growth prospects and capital returns, with regulatory progress, clear FCF targets, and increased analyst confidence supporting the investment case. Valuation remains attractive, with shares trading at a deep discount to future FCF and historical multiples; activist involvement further aligns management with shareholder interests.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Global digital asset Exchange Traded Products hit a record $207.82 billion in assets under management at the end of July, a 17.6% increase from June and the first time the market has closed above $200 billion, according to analysis by Fineqia International Inc (CSE:FNQ, OTC:FNQQF). Growth significantly outpaced the 9.4% rise in the overall digital asset market capitalization, which climbed from $3.43 trillion to $3.68 trillion in July, reflecting strong net inflows and rising institutional interest in regulated, transparent crypto investment vehicles.
Choice Hotels (CHH) gets a hold for my initial coverage, agreeing with today's consensus from the quant system and Wall St. Upside can come from international travel demand and growth in its rooms portfolio, along with strong profit margins and cashflow. Just months ago, Goldman Sachs upgraded this stock to a buy, and it also beat its recent Q2 earnings estimates in this week's Q2 earnings call.