MacKenzie Realty Capital Inc. (NASDAQ: MKZR) has issued a statement indicating that a dividend will be distributed to its preferred shareholders. The company plans to communicate the specific details of the dividend through a direct mailing to affected investors.
The NASDAQ‑listed energy firm saw its shares rise, closing at a higher level. The rally occurred as investors monitored escalating confrontations between the United States and Iran, which kept regional market activity relatively muted.
Oil States International (NYSE: OIS) has updated the severance terms for its top executive as part of an amended agreement. The revisions adjust how payouts are calculated in specific termination situations, reflecting common practices in leadership transition planning within the industry. The agreement also …
Realty Income Corporation (NYSE: O) has finalized a significant upgrade to its borrowing capacity, securing a $5.5 billion multicurrency revolving credit facility. The new agreement replaces a prior $4.0 billion facility, providing greater financial flexibility for the real estate investment trust’s global operations. The …
President Donald Trump has sparked controversy by promoting 'Freedom Fuel' gas stations in Pennsylvania and New Jersey, which offer cheaper gas at $3.47 per gallon. The move has been criticized as a PR stunt to distract from rising energy prices, with some lawmakers accusing …
Welltower Inc. (NYSE: WELL) has finalized a dual-tranche debt offering, reinforcing its financial position to support growth in the healthcare real estate sector. The company issued notes with maturities in 2031 and 2033, aligning with its strategy to expand its portfolio of senior housing …
Chesapeake Utilities Corp (NYSE: CPK) has announced a significant investment in natural gas infrastructure with the Florida Energy Pathway project. This initiative aims to enhance energy distribution in south Florida. The project's development is a strategic move for the company.
Energy Recovery, Inc. (NASDAQ: ERII) has expanded its board of directors with the appointment of Mr. John Mitchell. This move is expected to bring new expertise and perspectives to the company's leadership team, enhancing its energy industry knowledge. The appointment is a significant development …
SLB and Liberty Energy’s new alliance signals a shift in how energy firms address the rapid expansion of data center power needs. The partnership targets modular infrastructure and behind-the-meter power solutions, positioning both companies to capitalize on the sector’s growing electricity demands. While no …
The suggestion of a protection fee for vessels managing the Strait of Hormuz has generated significant discussion within the global shipping and energy industries. Analysts are assessing the potential consequences for freight expenses and energy market dynamics as international maritime authorities reject the idea …