Key Takeaways KMI, MPLX and WMB are positioned to gain despite Iran-war uncertainty and energy-market volatility.Midstream stocks rely on long-term shipper contracts, limiting exposure to commodity price swings.WMB's natural gas assets connect premium U.S. basins to key markets for heating and clean-energy use. The overall stock market is now experiencing uncertainty stemming from the Iran war, although U.S. President Donald Trump said that a deal could be signed very soon. Oil and natural gas prices, which are highly exposed to the conflict, are making the energy sector volatile. It is now likely that investors, mostly of whom are risk-averse, are looking for stocks that can sail through the uncertainty.
The uncertainty and volatility are reflected in the price of West Texas Intermediate (“WTI”) crude, which recently crossed $100 per barrel and is now hovering around $85. This shows how the war is affecting the energy market. However, not all stocks are being affected by the war-induced uncertainty. Three midstream players like Kinder Morgan, Inc. (KMI - Free Report) , MPLX LP (MPLX - Free Report) and The Williams Companies, Inc. (WMB - Free Report) are now well-poised to gain. Let's delve deeper.
Resilient Midstream BusinessStocks in the midstream space have lower exposure to volatility in commodity prices than oil and gas producers. This is because midstream players generate stable fee-based revenues since the transportation and storage assets are being booked by shippers for the long term. Hence, their business model is relatively low-risk, which indicates considerably less exposure to oil and gas prices and volume risks.
3 Pipeline Stocks to Gain: KMI, MPLX & WMBKinder Morgan: With its operating interests in oil and gas pipeline networks spread across 78,000 miles, KMI is a leading energy infrastructure company in North America. It derives most of its earnings from take-or-pay contracts, generating stable fee-based revenues.
The midstream energy major, carrying a Zacks Rank #2 (Buy), is likely to grow on the back of its business model, which is relatively resilient to volume and commodity price risks. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
MPLX: MPLX’s midstream business comprises transporting crude oil and refined products. The partnership generates stable cash flows from its long-term contracts with the shippers. Its crude oil and natural gas gathering systems also generate stable fee-based revenues. Currently, the stock carries a Zacks Rank #3 (Hold).
The Williams Companies: The company is well-poised to capitalize on the mounting demand for clean energy since it is engaged in transporting, storing, gathering and processing natural gas and natural gas liquids.
With its pipeline networks spread across more than 30,000 miles, The Williams Companies, with a Zacks Rank of 3, connects premium basins in the United States to the key market. WMB’s assets can meet a considerable proportion of the nation’s natural gas consumption, which is utilized for heating purposes and clean-energy generation.
Key Takeaways Carlyle posted Q1 distributable EPS of 89 cents, missing estimates; shares fell 3.5%.CG's realized performance revenues dropped 82.6% y/y, while total AUM rose 5%.Carlyle repurchased $205M in shares and declared a quarterly dividend of 35 cents per share. Shares of The Carlyle Group Inc. (CG - Free Report) fell 3.5% in yesterday’s trading session on lower-than-expected quarterly results. The company reported first-quarter 2026 post-tax distributable earnings per share of 89 cents, missing the Zacks Consensus Estimate of 91 cents. The metric also declined from $1.14 in the year-ago quarter.
Results were weighed down by a sharp pullback in realized performance revenues. However, a rise in the assets under management (AUM) balance was a positive.
Net loss attributable to Carlyle was $132.2 million against net income of $130 million in the year-ago quarter.
Carlyle’s Revenues & Expenses DeclineFirst-quarter segmental revenues were $750.9 million, which missed the Zacks Consensus Estimate by 16.4%. The top line also declined 28% from the year-ago quarter.
Total segment fee revenues were $644 million, almost flat year over year. Fund management fees rose 3.6% year over year to $544.5 million, while transaction and portfolio advisory fees, net and other, declined 30.6% to $54.1 million. Fee-related performance revenues rose 14.9% to $45.4 million.
Realized performance revenues declined 82.6% from the year-ago quarter to $61.8 million.
Total segmental expenses fell 27.9% year over year to $423.9 million.
CG’s Total AUM RisesAs of March 31, 2026, total AUM was $475.4 billion, up 5% from the prior-year quarter.
The fee-earning AUM was $333.4 billion, which rose 6% year over year. Pending fee-earning AUM was $21 billion, down 17% year over year.
Carlyle’s Segment PerformanceGlobal Private Equity’s total AUM was $159 billion as of March 31, 2026, down 3% year over year. The segment’s fee-related earnings were $139.6 million, down 1.1% year over year. Distributable earnings were $149.9 million, down 43.6%.
Global Credit’s total AUM was $209 billion, up 5% year over year. Fee-related earnings were $92.9 million, down 10.6%. Distributable earnings were $98.2 million, down 11.1%.
Carlyle AlpInvest’s total AUM was $107 billion, up 20% year over year. Fee-related earnings were $67.5 million, up 3.1%. Distributable earnings were $78.9 million, down marginally year over year.
Carlyle’s Capital Distribution ActivitiesIn the reported quarter, CG repurchased or withheld 3.8 million shares of common stock, including shares withheld in the net share settlement of equity awards, totaling $205 million. As of March 31, 2026, $1.9 billion worth of shares were available under the authorization.
The company also declared a quarterly dividend of 35 cents per share. The dividend will be paid out on May 28, 2026, to shareholders of record as of May 18, 2026.
Our View on CGA rising total AUM balance, along with fundraising across Carlyle AlpInvest and Global Credit, will likely support Carlyle’s revenue growth in the long run. However, lower realized performance revenues and a decline in distributable earnings remain headwinds.
Carlyle Group Inc. Price, Consensus and EPS Surprise
CG currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
Recent Developments of CGIn March 2026, Carlyle agreed to acquire a majority stake in MAI Capital Management, a registered investment advisor focused on high and ultra-high-net-worth clients. The transaction values MAI at more than $2.8 billion and marks a significant step in Carlyle’s strategy to expand its presence in the wealth management space and build a more diversified, fee-based revenue base.
The planned acquisition will strengthen Carlyle’s position in the fast-growing wealth management industry, which offers stable, recurring fee-based revenues and long-term client engagement. By increasing its exposure to advisory-driven income streams, Carlyle aims to balance the inherent cyclicality of its private equity and credit businesses.
The transaction also aligns with Carlyle’s broader strategy of investing in high-quality, growth-oriented businesses, supported by favorable long-term trends. With approximately $477 billion in AUM, the firm continues to diversify its investment platform, and the MAI deal is expected to support durable revenue growth and enhance overall earnings stability over time.
Performances of Other Asset ManagersLazard Inc.’s (LAZ - Free Report) first-quarter 2026 adjusted earnings per share of 42 cents missed the Zacks Consensus Estimate of 52 cents. This compared unfavorably with earnings of 56 cents in the year-ago quarter.
LAZ’s results were affected by lower revenues in the Financial Advisory and Corporate segments. An increase in operating expenses was also negative. However, an increase in AUM and higher revenues in the Asset Management segment supported the results to some extent.
Franklin Resources Inc. (BEN - Free Report) reported second-quarter fiscal 2026 (ended March 31, 2026) adjusted earnings of 71 cents per share, which surpassed the Zacks Consensus Estimate of 55 cents. Also, the bottom line compared favorably with 47 cents in the year-ago quarter.
BEN’s results benefited from higher revenues. However, a slight decline in AUM and elevated expenses remained headwinds.
NEW YORK, May 11, 2026 (GLOBE NEWSWIRE) -- Carlyle Secured Lending, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “CGBD” or the “Company”) (NASDAQ: CGBD) today announced its financial results for its first quarter ended March 31, 2026.
Carlyle Secured Lending NASDAQ: CGBD reported lower first-quarter investment income and net asset value, while management said the business development company is seeing a more lender-friendly deal environment with wider spreads and stronger documentation in new originations.
Carlyle Secured Lending (CGBD) cut its dividend by 12.5% due to higher losses and tighter coverage, aligning payouts with earnings. CGBD trades at a 27% discount to NAV and yields over 12%, but limited dividend coverage and macro uncertainty warrant caution. Management's aggressive share buybacks and improved non-accruals signal stabilization, yet further financial clarity is needed before turning bullish.
TORONTO, May 13, 2026 (GLOBE NEWSWIRE) -- Centerra Gold Inc. (“Centerra” or the “Company”) (TSX: CG) (NYSE: CGAU) announces that it has published its 2025 Sustainability Report, which outlines the Company's performance across Environmental, Social and Governance (“ESG”) topics. Key highlights and achievements from the report are included below. The full report can be accessed on Centerra's website at: www.centerragold.com/sustainability/overview/
May 19, 2026 16:05 ET | Source: Carlyle Credit Income Fund
NEW YORK, May 19, 2026 (GLOBE NEWSWIRE) -- Carlyle Credit Income Fund (“we,” “us,” “our,” “CCIF” or the “Fund”) (NYSE: CCIF) today announced its financial results for its second quarter ending March 31, 2026. The full detailed presentation of the Fund’s second quarter 2026 financial results can be viewed on the Fund’s website (https://www.carlylecreditincomefund.com/investor-dashboard).
“In the second quarter, we remained focused on long-term value creation amid continued volatility across the CLO equity market,” said Nishil Mehta, CCIF’s Principal Executive Officer and President. “While elevated repricing activity and weakness in the loan market continued to pressure CLO equity cash flows and valuations during the quarter, underlying credit fundamentals across the portfolio remained resilient. We maintained our monthly dividend of $0.06 per share, which we believe remains well supported by core net investment income. During the quarter, we continued to reset CLOs within the underlying portfolio, extending reinvestment periods and lowering financing costs. Looking ahead, we remain focused on disciplined underwriting, active portfolio management, and investing alongside experienced CLO managers as we seek to capitalize on opportunities created by market volatility.”
Over the past quarter, the Fund has successfully:
Declared a monthly dividend of $0.06 cents through August 2026, equating to a 21.49% annualized dividend based on share price as of May 12, 2026.Funded $1.5 million in new CLO investments with a weighted average GAAP yield of 11.49% as of March 31, 2026. The aggregate portfolio weighted average GAAP yield was 11.06% as of March 31, 2026.Redeemed all $20 million 7.50% Series C Convertible Preferred Shares. Net investment income was $0.09 per common share, adjusted net investment income was $0.11 per common share, and core net investment income was $0.29 per common share for the second quarter of 2026. Adjusted Net Investment Income Per Common Share and Core Net Investment Income Per Common Share are Non-GAAP financial measures described in further detail below. Net asset value per common share was $3.34 as of March 31, 2026. The total fair value of investments was $122.9 million as of March 31, 2026.
Dividends
CCIF is declaring a monthly dividend on shares of the Fund’s common stock of $0.06 per share for June, July, and August 2026.
SecurityAmount per ShareRecord DatesPayable DatesCommon Stock
$0.06
June 17, 2026June 30, 2026July 21, 2026July 31, 2026August 19, 2026August 31, 2026
CCIF is also pleased to announce the declaration of dividends on shares of the Fund’s 7.375% Series D Term Preferred Shares of $0.1536 per share for June, July, and August 2026.
SecurityAmount per ShareRecord DatesPayable DatesSeries D Preferred Shares
$0.1536
June 17, 2026June 30, 2026July 21, 2026July 31, 2026August 19, 2026August 31, 2026
Conference Call
The Fund will host a conference call at 10:00 a.m. EDT on Wednesday, May 20, 2026, to discuss its second quarter financial results. Please register for the conference call here. The conference call information will also be available via a link on Carlyle Credit Income Fund’s website and the recording will be available on our website soon after the call’s completion.
Non-GAAP Financial Measures
On a supplemental basis, we are disclosing Adjusted Net Investment Income Per Common Share and Core Net Investment Income Per Common Share, which are calculated and presented on a basis other than in accordance with GAAP (“non-GAAP”). We use these non-GAAP financial measures internally to analyze and evaluate financial results and performance, and we believe these non-GAAP financial measures are useful to investors gauging the quality of the Fund's financial performance, identifying trends in its results and providing meaningful period-to-period comparisons. The presentation of this non-GAAP measure is not intended to be a substitute for financial results prepared in accordance with GAAP and should not be considered in isolation.
About Carlyle Credit Income Fund
Carlyle Credit Income Fund (NYSE: CCIF) is an externally managed closed-end fund focused on investing in primarily equity and junior debt tranches of collateralized loan obligations (“CLOs”). The CLOs are collateralized by a portfolio consisting primarily of U.S. senior secured loans with a large number of distinct underlying borrowers across various industry sectors. CCIF is externally managed by Carlyle Global Credit Investment Management L.L.C. (“CGCIM”), an SEC-registered investment adviser and wholly owned subsidiary of Carlyle. CCIF draws upon the significant scale and resources of Carlyle as one of the world's largest CLO managers.
This press release may contain forward-looking statements that involve substantial risks and uncertainties. You can identify these statements by the use of forward-looking terminology such as “anticipates,” “believes,” “expects,” “intends,” “will,” “should,” “may,” “plans,” “continue,” “believes,” “seeks,” “estimates,” “would,” “could,” “targets,” “projects,” “outlook,” “potential,” “predicts” and variations of these words and similar expressions to identify forward-looking statements, although not all forward-looking statements include these words. You should read statements that contain these words carefully because they discuss our plans, strategies, prospects and expectations concerning our business, operating results, financial condition and other similar matters. We believe that it is important to communicate our future expectations to our investors. There may be events in the future, however, that we are not able to predict accurately or control. You should not place undue reliance on these forward-looking statements, which speak only as of the date on which we make it. Factors or events that could cause our actual results to differ, possibly materially from our expectations, include, but are not limited to, the risks, uncertainties and other factors we identify in the sections entitled “Risk Factors” and “Cautionary Statement Regarding Forward-Looking Statements” in filings we make with the Securities and Exchange Commission, and it is not possible for us to predict or identify all of them. We undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Carlyle Secured Lending trades near its 52-week low, offering a 12.8% yield and a 32% discount to NAV. CGBD's portfolio is 87% senior secured debt, with low non-accruals and strong sponsor backing supporting credit quality. Recent dividend cuts and lower earnings reflect floating-rate pressure, but management expects earnings improvement in late 2026 and 2027.
EDINBURGH--(BUSINESS WIRE)--Executive Search firm Carlyle has acquired a majority stake in School for CEOs, the executive development company founded by David Sole OBE and Patrick Macdonald FRSE in 2011. School for CEOs specialises in CEO and Board development, leadership succession, coaching, executive assessment, and the development of inclusive leadership frameworks. Founded in 2002 by Duggie Carlyle, Carlyle specialises in Board, CEO, CFO, and leadership headhunting, in addition to practice.
The 2026 Cannabis Wildcard: How Tax Reform Could Reset Stock ValuationsCarlyle Group NASDAQ: CG Chief Executive Officer Harvey Schwartz said the asset manager remains on track with its multiyear plan, citing stronger fee-related earnings, improved margins and a coming “super cycle” of fundraising across major flagship funds.
Speaking at an Autonomous fireside chat hosted by U.S. asset manager analyst Patrick Davitt, Schwartz described Carlyle as three years into what has become a six-year transformation. He said the first phase focused on setting strategic priorities, reshaping leadership, changing the operating structure and redesigning capital management.
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Analysts Are Bullish on These 3 Laser Tech CompaniesSchwartz said Carlyle increased fee-related earnings from the “low $800s” to $1.2 billion and improved margins by 1,000 basis points from what he characterized as a 37% margin when he joined. The company’s next three-year plan, announced in February, calls for fee-related earnings to rise from $1.2 billion to $1.9 billion, per-share earnings to move from “$4 and change” to “$6 and change,” and $200 billion of fundraising over three years.
“The targets we put out ... are realistic,” Schwartz said, adding that the plan does not assume acquisitions, incremental insurance flows or “random one-offs.”
Geopolitical Backdrop Seen as Supportive for Private Capital Constellation Brands: A Fallen Star or a Hidden Value Play?Schwartz rejected the idea that the current backdrop is “toxic” for levered assets, though he acknowledged heightened geopolitical complexity, stickier inflation and higher rates. He said Russia’s invasion of Ukraine marked a major shift in geopolitical risk and contributed to a world where national security now includes energy, defense and data.
Schwartz said this has increased global demand for private capital as governments seek growth while constrained by deficits. He said the environment favors firms with sector expertise in areas including aerospace, defense, healthcare, industrials and energy.
“The demand for private capital for the next foreseeable two cycles, call it 5-15 years, I think is enormous,” Schwartz said.
He added that Carlyle’s relative lack of exposure to areas such as software-focused private equity and direct lending, once viewed by some as a disadvantage, has become beneficial as investor focus has shifted toward “old economy” sectors.
Realizations and Private Equity Performance On realizations, Schwartz said Carlyle has “bucked the trend” in returning capital, citing activity in its U.S. buyout fund. He said the firm returned $6 billion in 2025 and close to $7 billion in the first quarter, including Medline as well as strategic sales and IPOs.
Schwartz pointed to large public offerings in Japan and India, StandardAero and Medline as examples of exit activity. He said Carlyle has outperformed the industry by 500 to 600 basis points on capital returned as a percentage of net asset value.
He acknowledged that a prior U.S. buyout vintage faced challenges tied to consumer exposure, which he said Carlyle has since shut down. He described the current U.S. buyout vintage as a first-quartile fund in one comparison and second-quartile against a broader peer set, with no currently challenged assets despite being about 70% invested.
Defense, Japan and Energy Highlighted as Key Themes Davitt asked about Carlyle’s newly announced military or defense investment platform. Schwartz said Carlyle has invested close to $40 billion across aerospace, defense and industrials over 40 years, or closer to $11 billion under a narrower definition. He described the firm as the only large player in the space and said the team’s historical returns have been “something like 4.5x” with high-20s to 30s internal rates of return.
Schwartz said the new platform is intended to capture smaller transactions that may not fit larger fund check sizes. He said the total addressable market is effectively “unlimited” as countries increase defense budgets globally.
In Japan, Schwartz said Carlyle has benefited from a 26-year presence and a dedicated local team. He cited policy and cultural shifts encouraging investment and private equity partnerships, as well as opportunities among listed companies trading below book value and businesses facing succession issues. He mentioned Carlyle’s acquisition of Kentucky Fried Chicken in Japan and the public listing of Orion Breweries as examples of recent activity.
Schwartz also highlighted energy as a long-term area of focus, saying Carlyle’s platform spans renewables, power and upstream energy. He said energy security and supply chain resilience are increasingly important global themes.
AlpInvest, Secondaries and Fundraising Innovation Schwartz emphasized Carlyle AlpInvest as more than a secondaries business, describing it across four verticals: secondaries, co-investments, primaries and solutions. He said its solutions business can provide liquidity options to general partners and limited partners and helped structure a $5 billion cornerstone investment for Carlyle’s next buyout fund before formal fundraising began.
He said the transaction used a “modest component” of Carlyle’s balance sheet and secured full fees, helping the firm get ahead of fundraising while allowing investment teams to focus on deploying and managing capital.
On secondaries, Schwartz said the business is likely to grow for the foreseeable future, particularly if software-related uncertainty delays exits and locks up private equity capital. He said Carlyle AlpInvest can serve as a “capital allocation solution provider” for investors looking to adjust portfolios.
Asked about accounting practices in secondaries, Schwartz said Carlyle follows GAAP accounting and generally aims to be conservative in valuing level-three assets.
Wealth, Insurance and FRE Outlook Schwartz said Carlyle remains committed to the wealth channel, though he cautioned that growth may not continue in a straight line. He said advisors and platforms are sophisticated and focused on matching alternative products to client needs. Carlyle’s CTAC wealth interval fund, he said, includes about 900 credits and is designed with diversification in mind.
He also pointed to retirement as a future growth area, citing Carlyle’s partnership with AllianceBernstein as an initial move. Schwartz said the firm’s three-year fundraising model includes wealth rising to 20% of total flows but excludes retirement and incremental insurance contributions.
On insurance, Schwartz said Carlyle did not build major block transaction assumptions into its three-year plan because such deals are difficult to predict. He said the block pipeline “looks pretty good” over the next several years, while stressing that Carlyle will not misprice risk just to gather assets.
Schwartz said he remains comfortable with Carlyle’s mid- to high-single-digit 2026 fee-related earnings guidance. He said momentum should become more visible in 2027 and 2028 as flagship funds return to market, including U.S. buyout, European technology, CCOF, Japan and AlpInvest funds.
“I feel good about the plan,” Schwartz said. “Again, the plan was structured in a way that we could galvanize everyone in the firm strategically around it.”
About Carlyle Group NASDAQ: CGThe Carlyle Group NASDAQ: CG is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.
Carlyle's core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.
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Carlyle Group is undervalued due to overstated private credit concerns, despite limited direct lending exposure. Management targets $200B in new assets and >$6/share earnings, but guidance is ambitious; even $185B in inflows would be strong. CG's balance sheet is robust with ~$5B net cash/investments, a secure 3.1% dividend yield, and ongoing buybacks.
CLEVELAND--(BUSINESS WIRE)--Carlyle will support MAI's growth, including investments in technology and strategic acquisitions, while maintaining the firm's leadership team.
[url="]MAI Capital Management[/url] (âMAIâ), a registered investment advisor (âRIAâ) focused on empowering clients to simplify, protect and grow their
Carlyle Secured Lending remains under pressure, with a continued sell rating due to declining NAV, earnings, and weak growth catalysts. CGBD trades at a historically deep 30.9% discount to NAV, but this reflects structural challenges, including a year-long NAV decline and lackluster new investment activity. The dividend was cut 12.5% to $0.35/share (12.7% yield), with thin coverage and rising reliance on spillover income, raising concerns about sustainability.
The Zacks Utility-Electric Power industry players generate and deliver electricity to millions of customers across the United States. Utilities are steadily transitioning toward cleaner fuel sources and placing greater emphasis on lowering carbon emissions, aided by government initiatives that support the shift to cleaner power generation. Alongside sustainability efforts, utilities are investing in grid modernization and strengthening transmission and distribution infrastructure. With hurricanes posing recurring annual risks, year-round infrastructure upgrades enhance system resilience, reduce outages and enable quicker power restoration for customers affected by storms.
FirstEnergy Corp. (FE - Free Report) , with its extensive transmission and distribution assets, efficiently serves millions of customers across the United States. The company also operates 3,600 megawatts (“MW”) of generation assets. Other utilities worth adding to your portfolio are NiSource Inc. (NI - Free Report) , Northwestern Energy Group (NWE - Free Report) and Otter Tail Corporation (OTTR - Free Report) .
About the Industry The Utility-Electric Power industry is responsible for generating, transmitting, distributing, storing and retailing electricity to consumers. Demand for utility services is generally stable across economic cycles, although it can fluctuate due to unusual weather conditions, since periods of extreme heat or cold typically increase electricity usage. The industry is currently undergoing a major transition as more companies move toward zero-emission goals. Increase in internet usage, rising adoption of electric vehicles, reshoring of certain industries and the rapid expansion of artificial intelligence are expected to boost power demand. AI-based data centers in particular require far more electricity than traditional online activities such as streaming music or browsing photos. In addition, lower interest rates provide a supportive backdrop for this capital-intensive industry.
3 Powerful Trends Reshaping the Electric Power Industry Increasing Demand and Prices for Electricity: Per the U.S. Energy Information Administration (“EIA”), demand for electricity is expected to increase in the country. The demand is expected to increase 1.2% in 2026 to reach 4,108 billion kilowatt-hours (BkWh). In 2027, electricity demand is expected to rise 3.3% to 4,244 BkWh. Per EIA, the price of average electricity to be provided to customers in the industrial, commercial and residential sectors will increase 1.9%, 3.6% and 5.1%, respectively, in 2026. The same trend is expected to continue in 2027 as well, boosting the revenues of the companies operating in this space. Demand for electricity is rising in the United States due to a surge in domestic manufacturing, higher usage of electric vehicles, the development of data centers and AI, and an increase in residential usage.
Utilities Embrace Rapid Shift to Renewable Energy: Utilities are benefiting from the ongoing shift toward renewable energy as they increase capacity from wind, solar and other clean sources while gradually cutting emissions. Many firms are also phasing out aging coal-fired plants to meet stricter environmental standards and enhance operational efficiency. This transition is reducing overall carbon intensity and drawing sustained investor interest, as utilities upgrade grid infrastructure and position themselves for long-term growth in sustainable electricity demand.
Advancements in technology are sharply reducing the cost of generating electricity from renewable sources, while improvements in grid management software are making clean energy more reliable and cost-competitive. Utility-scale renewable projects are increasingly able to match the economics of traditional fossil fuel-based power generation.
Interest Rate Relief Enhances Growth Potential: Stable, low interest rates have created a favorable environment for capital-intensive utility companies. Since utilities require significant ongoing investment in power plants, transmission lines and renewable energy infrastructure, lower borrowing costs help reduce financing expenses and improve project economics. This allows companies to fund large-scale expansion more efficiently while supporting earnings stability. In addition, predictable interest rates enhance visibility on future cash flows, making utility stocks more attractive to income-focused investors seeking steady returns and lower volatility.
Zacks Industry Rank Indicates Bright Prospects The group’s Zacks Industry Rank, which is basically the average of the Zacks Rank of all the member stocks, indicates upbeat near-term prospects. The 56-stock Utility-Electric Power industry is housed within the broader Zacks Utilities sector and currently carries a Zacks Industry Rank #88, which places it in the top 36% of more than 243 Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one.
The industry’s positioning in the top 50% of the Zacks Rank industries is a result of a positive earnings outlook for the constituent companies in aggregate. The industry’s recent earnings estimate reflects optimism from the analysts. Its earnings estimates for 2026 have moved up 5.3% since May 31, 2025.
Before we present a few Utility-Electric Power stocks that you may want to consider for your portfolio, let us take a look at the industry’s recent stock-market performance and current valuation.
Electric Power Industry Beats the Sector but Lags the S&P 500 The Utility Electric Power industry has surpassed its own sector but lagged the Zacks S&P 500 composite’s rally over the past 12 months. The industry has gained 31.6% compared with its sector’s 27.8% rally. The Zacks S&P 500 composite has gained 42.8% in the same period.
Price Performance (One year)Electric Power Industry's Current Valuation On the basis of EV/EBITDA (Enterprise Value/ Earnings before Interest Tax Depreciation and Amortization) TTM, which is a commonly used multiple for valuing Utility Electric Power companies, the industry is trading at 16.23X compared with the S&P 500’s 18.64X and the Utility sector’s 14.63X.
Over the past five years, the industry has traded as high as 21.31X, as low as 12.58X and at the median of 15.61X.
Industry EV/EBITDA TTM vs S&P 500 (5yrs)
Industry EV/EBITDA TTM vs Sector (5yrs) 4 Electric Power Industry Stocks to Buy Utilities is a mature sector and all the stocks selected from the Zacks Utility-Electric Power industry currently have a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks Rank #1 (Strong Buy) stocks here.
FirstEnergy Corp: Akron, OH-based FirstEnergy, its subsidiaries and affiliates, engages in the transmission, distribution and generation of electricity. The firm has successfully expanded its regulated activities and undergone a complete transition to become a fully regulated utility company in the past few years. FirstEnergy has increased the 2026-2030 capital plan by 30% to $36 billion to strengthen its infrastructure and efficiently serve customers.
FE’s long-term (three to five years) earnings growth is pegged at 7.64%. The current dividend yield for FE is 3.55%, which is better than the industry’s yield of 2.81%. The Zacks Consensus Estimate for FirstEnergy’s 2026 earnings per share indicates growth of nearly 0.4% in the past 60 days.
Price and Consensus: FE
NiSource Inc: Merrillville, IN-based NiSource, with its subsidiaries, provides natural gas, electricity and other products and services in the United States. Its operating subsidiaries deliver energy to nearly 4 million customers in six states. NiSource’s earnings benefit from the new electric and gas rates that came into effect in its service region. The company anticipates a capital expenditure of $28 billion for 2026-2030. The consolidated capital expenditure plan includes utility system modernization initiatives and roughly $7 billion in strategic data center infrastructure investments.
NI’s long-term earnings growth is pegged at 5.97%. The current dividend yield for NI is 2.48. The Zacks Consensus Estimate for NiSource’s 2026 earnings per share indicates growth of nearly 0.5% in the past 60 days.
Price and Consensus: NI
NorthWestern Energy Group: Sioux Falls, SD-based company, supplies electricity and natural gas to residential, commercial and a broad range of industrial customers. NEW plans to invest $3.21 billion in five years to strengthen its infrastructure. The company is poised to benefit from the rising demand from data centers.
NIWE’s long-term earnings growth is pegged at 6.35%. The current dividend yield for NorthWestern Energy is 3.7. The Zacks Consensus Estimate for NorthWestern Energy’s 2026 earnings per share indicates growth of nearly 0.26% in the past 60 days.
Price and Consensus: NWE
Otter Tail Corporation: A Fergus Falls, MN-based company, along with its subsidiaries, engages in electric utility, manufacturing and plastic pipe businesses in the United States. OTTR plans to invest $2.05 billion in the 2026-2030 period to further strengthen its generation, transmission and distribution network.
OTTR’s current dividend yield is 2.62. The Zacks Consensus Estimate for Otter Tail’s 2026 earnings per share indicates growth of 4.38% in the past 60 days
CPC Advisors LLC lifted its position in NiSource, Inc (NYSE: NI) by 23.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 140,084 shares of the utilities provider's stock after purchasing an additional 26,981 shares during the period.
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced that the company will release first quarter 2026 financial results on May 6, 2026, before US financial markets open and will host a conference call that day at 11 a.m. ET (10 a.m. CT) to review first quarter 2026 financial results and provide a general business update. All interested parties may listen to the conference call live on May 6 by logging onto the NiSource website at www.nisource.com. A link on the home page will provide access to the webcast and news release.
A replay of the call will be available beginning at 2 p.m. ET on May 6, 2026, through 11:59 p.m. ET on May 13, 2026. To access the recording, call +1 (800) 770-2030 and enter conference ID 5571489 followed by the # key. A recording of the call will be archived on the NiSource website.
About NiSource
NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its local Columbia Gas and NIPSCO brands. The mission of our approximately 7,700 employees is to deliver safe, reliable energy that drives value to our customers. NiSource is a member of the Dow Jones Sustainability - North America Index and is on Forbes lists of America’s Best Employers for Women and Diversity. Learn more about NiSource’s record of leadership in sustainability, investments in the communities it serves and how we live our vision to be an innovative and trusted energy partner at www.NiSource.com.
The content of our website is not incorporated by reference into this document or any other report or document NiSource files with the Securities and Exchange Commission (“SEC”).
NiSource (NI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Key Takeaways LNT reported Q1 operating EPS of 82 cents, matching estimates as revenues rose nearly 5% year over year.Alliant Energy expects 2026 EPS of $3.36-$3.46 and plans $13.4B in investments through 2029.LNT posted higher utility electric and gas sales, while operating cash flow climbed to $368 million. Alliant Energy Corporation (LNT - Free Report) reported first-quarter 2026 operating earnings of 82 cents per share, which was in line with the Zacks Consensus Estimate. The bottom line declined 1.20% from the year-ago quarter’s figure of 83 cents.
GAAP earnings in the reported quarter were 87 cents compared with 83 cents in the year-ago quarter. The operating earnings in the quarter exclude a 5 cents per share benefit tied to the remeasurement of deferred tax assets, driven by an update to the estimated state income tax apportionment.
LNT’s RevenuesRevenues totaled $1.18 billion, which surpassed the Zacks Consensus Estimate of $1.17 billion by 1.02%. The top line increased 4.96% from the year-ago quarter’s figure of $1.13 billion.
Alliant Energy Corporation Price, Consensus and EPS SurpriseLNT’s Operational HighlightsTotal operating expenses were $935 million, up 7.35% from $871 million in the year-ago period. This increase was primarily due to higher electric production fuel and purchased power, electric transmission service, higher other operation and maintenance expenses and an increase in the cost of gas sold.
Operating income totaled $249 million, down 3.11% from the year-ago reported figure.
Interest expenses amounted to $142 million, which rose 19.33% from the prior-year period.
LNT reported total utility electric sales of 8,287 thousand megawatt-hours, up 0.36% from the year-ago quarter’s reported figure.
Total utility gas sold and transported was 55,299 thousand dekatherms, up 0.86% year over year.
LNT’s Financial UpdateAs of March 31, 2026, cash and cash equivalents amounted to $115 million compared with $556 million as of Dec. 31, 2025.
As of the aforementioned date, long-term debt (excluding the current portion) totaled $11.01 billion, up from $10.95 billion as of Dec. 31, 2025.
Cash flow from operating activities in first-quarter 2026 totaled $368 million compared with $249 million in first-quarter 2025.
LNT’s GuidanceAlliant Energy anticipates its 2026 earnings to be in the range of $3.36-$3.46 per share and long-term EPS growth in the range of 5-7% for the 2027-2029 period. The estimate assumes normal temperatures in its utility service territories, execution of cost controls and financing plans, and a consolidated effective tax rate (29%). The Zacks Consensus Estimate for 2026 earnings is pegged at $3.43 per share, higher than the midpoint of the company’s guided range.
For 2026, the company expects 1% retail sales growth, which includes data center construction and commissioning sales.
The company expects 2026 capital expenditures of $3 billion and plans to invest $13.4 billion during 2026-2029.
LNT’s Zacks RankAlliant Energy currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Upcoming Releases
Duke Energy (DUK - Free Report) is scheduled to report first-quarter results on May 5. The Zacks Consensus Estimate for first-quarter EPS is pinned at $1.79, which implies a year-over-year increase of 1.70%.
The Zacks Consensus Estimate for first-quarter sales is pinned at $8.40 billion, which suggests year-over-year growth of 1.80%.
WEC Energy Group (WEC - Free Report) is scheduled to report first-quarter results on May 5. The Zacks Consensus Estimate for first-quarter EPS is pinned at $2.31, which implies a year-over-year increase of 1.76%.
The Zacks Consensus Estimate for first-quarter sales is pinned at $3.21 billion, which suggests year-over-year growth of 1.91%.
NiSource (NI - Free Report) is scheduled to report first-quarter results on May 6. The Zacks Consensus Estimate for first-quarter EPS is pinned at $1.06, which implies a year-over-year increase of 8.16%.
The Zacks Consensus Estimate for first-quarter sales is pinned at $2.43 billion, which suggests year-over-year growth of 12.01%.
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI), one of the largest fully regulated utility companies in the United States, has received two honors recognizing its leadership in sustainability, based on third-party assessments of the company's long-term economic, environmental and social performance. S&P Dow Jones Indices, a global index provider, named NiSource to its annual Dow Jones Best-in-Class Indices (DJ BIC) for the 12th consecutive year. Formerly known as the Dow Jone.
MERRILLVILLE, Ind.--(BUSINESS WIRE)--NiSource Inc. (NYSE: NI) today announced, on a GAAP basis, net income available to common shareholders for the quarter ended March 31, 2026 of $510.7 million, or $1.06 of earnings per diluted share, compared to net income available to common shareholders of $474.8 million, or $1.00 of earnings per diluted share, for the same period of 2025. NiSource also reported first quarter 2026 non-GAAP adjusted net income available to common shareholders of $509.6 milli.
NiSource (NI) came out with quarterly earnings of $1.06 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.98 per share a year ago.
Getting big returns from financial portfolios, whether through stocks, bonds, ETFs, other securities, or a combination of all, is an investor's dream. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.
While cash flow can come from bond interest or interest from other types of investments, income investors hone in on dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividend as a percent of the current stock price. Many academic studies show that dividends make up large portions of long-term returns, and in many cases, dividend contributions surpass one-third of total returns.
Based in Merrillville, NiSource (NI - Free Report) is in the Utilities sector, and so far this year, shares have seen a price change of 15.4%. The energy holding company is paying out a dividend of $0.60 per share at the moment, with a dividend yield of 2.49% compared to the Utility - Electric Power industry's yield of 2.78% and the S&P 500's yield of 1.43%.
Looking at dividend growth, the company's current annualized dividend of $1.20 is up 7.1% from last year. Over the last 5 years, NiSource has increased its dividend 5 times on a year-over-year basis for an average annual increase of 6.29%. Looking ahead, future dividend growth will be dependent on earnings growth and payout ratio, which is the proportion of a company's annual earnings per share that it pays out as a dividend. NiSource's current payout ratio is 59%, meaning it paid out 59% of its trailing 12-month EPS as dividend.
NI is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2026 is $2.05 per share, which represents a year-over-year growth rate of 7.89%.
From greatly improving stock investing profits and reducing overall portfolio risk to providing tax advantages, investors like dividends for a variety of different reasons. But, not every company offers a quarterly payout.
For instance, it's a rare occurrence when a tech start-up or big growth business offers its shareholders a dividend. It's more common to see larger companies with more established profits give out dividends. Income investors have to be mindful of the fact that high-yielding stocks tend to struggle during periods of rising interest rates. With that in mind, NI is a compelling investment opportunity. Not only is it a strong dividend play, but the stock currently sits at a Zacks Rank of #3 (Hold).
Key Takeaways NiSource posted Q1 operating EPS of $1.06, matching consensus and up 8.2% year over year.NiSource revenues rose 9.3% to $2.37B; higher energy and O&M drove expense growth.NiSource lifted EPS CAGR view to 9-10% through 2033; $28.6B capex includes $7.6B for data centers. NiSource Inc. (NI - Free Report) reported first-quarter 2025 operating earnings per share (EPS) of $1.06, which matches the Zacks Consensus Estimate. The bottom line increased 8.2% from the year-ago quarter’s recorded figure.
On a GAAP basis, the company reported an EPS of $1.06 compared with $1 in the prior-year quarter.
NI’s Total RevenuesOperating revenues of $2.37 billion lagged the Zacks Consensus Estimate of $2.42 billion by 2.5%. However, the top line increased 9.3% from the prior-year quarter’s figure of $2.17 billion.
Highlights of NI’s Earnings ReleaseTotal operating expenses amounted to $1.54 billion, up 8.4% from the year-ago quarter’s $1.17 billion. The year-over-year increase in expenses was due to the higher cost of energy and an increase in operation and maintenance expenses.
Operating income totaled $822.9 million, up 10.8% from the year-ago figure of $742.6 million.
Net interest expenses amounted to $191.6 million, up 44.3% from the prior-year quarter’s $132.8 million.
Total gas distribution in Sales and Transportation (excluding weather) was recorded at 124 Million British Thermal Units per day (MMDth), down 1.4% from the prior-year quarter’s 125.8 MMDth.
Total electric sales (excluding weather) were recorded at 3,991.7 gigawatt-hours (GWh), down 0.5% from the prior-year quarter’s 4,011.7 GWh.
NI’s Financial UpdateNiSource's cash and cash equivalents as of March 31, 2026, were $71.9 million compared with $110.1 million as of Dec. 31, 2025.
Long-term debts (excluding those due within a year) as of March 31, 2026, were $15.46 billion compared with $15.46 billion as of Dec. 31, 2025.
Net cash flows from operating activities in first-quarter 2026 were $442.3 million compared with $686.4 million in first-quarter 2025.
NI’s total liquidity as of March 31, 2026, was nearly $4.5 billion, which is sufficient to meet near-term obligations.
NI’s 2026 GuidanceThe company reaffirmed its 2026 non-GAAP earnings in the range of $2.02-$2.07. The Zacks Consensus Estimate for 2026 earnings per share is pegged at $2.05, which is within the company’s guided range.
NI now expects earnings to witness a CAGR of 9-10% through 2033, up from the previous prediction of 8-9%.
NiSource anticipates a capital expenditure of $28.6 billion for 2026-2030. The consolidated capital expenditure plan includes utility system modernization initiatives and roughly $7.6 billion in strategic data center infrastructure investments.
NI’s Zacks RankNiSource currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Recent ReleasesDominion Energy, Inc. (D - Free Report) posted first-quarter 2026 operating earnings of 95 cents per share, up 2.2% year over year and ahead of the Zacks Consensus Estimate of 89 cents by 6.7%. Results benefited from favorable weather and renewable natural gas tax credit income. Dominion Energy gained from the continued load momentum tied to data centers, a key demand lever in its regulated footprint.
The quarter’s operating revenues rose 23.2% from the year-ago period to $5.02 billion and beat the consensus mark of $4.28 billion by 17.3%.
NextEra Energy (NEE - Free Report) reported first-quarter 2026 results with adjusted earnings per share of $1.09, up 10.1% from 99 cents a year ago. The figure beat the Zacks Consensus Estimate of 98 cents per share by 11.2%.
NEE’s total operating revenues were $6.70 billion, up 7.3% year over year, but lagged the Zacks Consensus Estimate of $7.20 billion by 7%. A key highlight was NextEra Energy Resources’ record renewables and storage origination, which added 4 gigawatts to backlog.
Xcel Energy Inc. (XEL - Free Report) reported first-quarter 2026 operating earnings of 91 cents per share, which matched the Zacks Consensus Estimate. The bottom line also surpassed the year-ago quarter’s figure by 8.3%.
Revenues of $4.02 billion missed the Zacks Consensus Estimate of $4.22 billion by 4.8%. However, the figure increased 2.9% from the year-ago quarter’s $3.9 billion.
MERRILLVILLE, Ind.--(BUSINESS WIRE)--The board of directors of NiSource Inc. (NYSE: NI) today declared a quarterly common stock dividend payment of $0.30 cents per share, payable August 20, 2026, to stockholders of record at the close of business on July 31, 2026. About NiSource NiSource Inc. (NYSE: NI) is one of the largest fully-regulated utility companies in the United States, serving approximately 3.3 million natural gas customers and 500,000 electric customers across six states through its.
NiSource NYSE: NI reaffirmed its 2026 earnings outlook and raised its long-term growth expectations after reporting first-quarter adjusted earnings that management said reflected regulatory execution, infrastructure investment recovery and growing momentum in its data center strategy.
Investors interested in Utility - Electric Power stocks are likely familiar with ENGIE - Sponsored ADR (ENGIY) and NiSource (NI). But which of these two stocks offers value investors a better bang for their buck right now?
NiSource rides on data center power demand with 4 GW contracts and a target of up to 9 GW, while Project Apollo aims for $40-$60M in savings to protect margins.
Dick's Sporting Goods (DKS) remains a sell due to Foot Locker acquisition headwinds and macro risks impacting discretionary spending. DKS's Q4 beat was driven by legacy operations; Foot Locker remains dilutive and is expected to weigh on EPS through at least 2026. Elevated capex for store openings and Foot Locker modernization will further pressure free cash flow through 2027, limiting share repurchases.
Dick's Sporting Goods (DKS) is signaling that its strategy to integrate Foot Locker (FL) could be starting to show early progress, offering investors a full-yea
When Dick's Sporting Goods announced its $2.4 billion acquisition of Foot Locker last year, Wall Street viewed the deal with a mix of intrigue and caution.
Dick’s had spent years positioning itself as one of the best-run operators in U.S. retail, consistently gaining market share while much of the sporting goods sector struggled with volatile demand, inventory gluts and the aftershocks of Nike’s direct-to-consumer pivot.
Foot Locker, by contrast, represented a turnaround challenge on a global scale, with thousands of stores, deteriorating margins and a sneaker business that had lost momentum with younger shoppers.
Just a year after announcing the acquisition, Dick’s latest quarterly results suggest the strategy is beginning to work, albeit with the sort of operational pain investors expected from the start.
The retailer posted first-quarter revenue of $5.17 billion, ahead of analyst expectations, while comparable sales climbed 4.1%. Crucially, Foot Locker recorded positive comparable sales growth of 0.6%, marking its first meaningful sign of stabilization since late 2024.
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Dick’s shares received a little boost despite management lowering full-year earnings guidance and are up around 25% in the past 12 months. Investors clearly believe the acquisition can work long term, but they are also focused on how expensive and disruptive the turnaround process may become in the near term.
For Dick’s Executive Chairman Ed Stack, the acquisition was never simply about adding revenue because Dick’s already dominated large-format sporting goods retail in the U.S. and has leaned into larger, more experiential stores.
Instead, the company views Foot Locker as an opportunity to deepen its authority in sneaker culture and reach a younger, more urban and more fashion-driven customer than the traditional Dick’s shopper. Foot Locker also gives Dick’s an international presence it previously lacked, particularly in the European and Asia-Pacific markets.
Foot Locker Shows Positive SignsSince completing the acquisition in September 2025, Dick’s has aggressively cleaned up the Foot Locker business, closing underperforming stores, clearing excess inventory and restructuring operations that had become bloated and reactive under previous leadership.
The company has described the process as “cleaning out the garage,” and the financial impact has been substantial. Earlier filings showed Foot Locker contributed billions in additional sales but also generated operating losses as Dick’s absorbed merger-related costs.
And in the three months to May 2, Dick’s incurred $96.5 million in charges related to the acquisition. That’s comprised $53.8 million for merger and acquisition costs like severance and store closings, and $42.7 million to clear sale inventory.
Those expenses contributed to a miss on Dick’s bottom line, while top line results exceeded expectations. Notably, at Foot Locker U.S., where Dick’s has focused much of its turnaround attention, comparable sales grew 6.4%.
Dick's Sporting Goods and Foot Locker are expecting a World Cup boost. (Photo by Garrett Ellwood/MLS via Getty Images)
MLS via Getty Images
But there are increasing signs that the turnaround strategy is gaining traction operationally, not least thanks to improving relations between Foot Locker and Nike, which had deteriorated badly in recent years as Nike shifted aggressively toward direct-to-consumer distribution, reducing allocations to wholesale partners.
Dick’s appears to be rebuilding those relationships through stronger execution, improved merchandising and better inventory discipline. Dick’s understands operational retail at scale, while Foot Locker still retains brand equity among younger sneaker consumers.
Foot Locker Stands On It’s Own FeetRather than folding Foot Locker into the Dick’s banner, the company has maintained separate brand identities while installing new leadership teams. Former Nike executive Ann Freeman now leads Foot Locker North America, while Dick’s executives have been inserted across merchandising and ecommerce.
It launched started a pilot program of 11 stores called ‘Fast Break’ that tests changes in products and how they play within stores, where Foot Locker sees the majority of its revenue. The pilot has been expanded to around 100 stores globally and those shops are seeing double-digit comparable sales growth and considerable improvements in merchandise margin.
By the time the back-to-school season begins, the pilot will expand to 250 stores, with further additions planned ahead of the holiday shopping season and to try and capture higher spending tied to the FIFA World Cup.
By the end of the quarter, Foot Locker’s total business, including Champs, WSS and Kids Foot Locker, had 2,483 stores globally but it is how Dick’s continues to invest in marketing, store upgrades and inventory rationalization that will decide Foot Locker’s future direction.
Takeda ([url="]TSE:4502/NYSE: TAK[/url]) announced positive topline results for the Phase 3, randomized, multicenter, double-blind study comparing zasocitinib (
MIAMI, FL, June 11, 2026 (GLOBE NEWSWIRE) -- RenX Enterprises Corp. (NASDAQ: RENX) (“RenX” or the “Company”) today announced a debt-to-equity conversion that reduces leverage and strengthens its balance sheet. The transaction is part of a deliberate effort to clean up the Company’s capital structure and enhance the financial profile of the business as it prepares for its next phase of growth.
RenX converted approximately $7 million of debt into preferred equity, removing that debt from its balance sheet. The debt was held by Company insiders, who exchanged it for preferred stock rather than common stock, so the conversion does not result in any immediate dilution to common shareholders. The preferred converts into common stock only at $2.895 per share, and the insiders’ decision to convert at a premium to the market reflects confidence in RenX’s future growth plans.
Reducing leverage in this way lowers the Company’s ongoing cash obligations and strengthens the balance sheet metrics that lenders and investors weigh, all without any use of cash. A cleaner capital structure improves the Company’s financial profile and positions RenX to pursue growth capital with greater flexibility, free from the constraints that higher debt places on a company’s strategic options.
This balance sheet work is paired directly with the Company’s growth strategy. By strengthening its financial foundation now, RenX intends to support continued investment across its environmental processing operations and logistics platform, aligning a healthier capital structure with its plans to scale the business.
“We are deliberately cleaning up our balance sheet and reducing leverage to strengthen the financial profile of the business,” said David Villarreal, Chief Executive Officer of RenX Enterprises Corp. “Having insiders convert this debt into preferred equity at a premium to the market, with no immediate dilution to our common shareholders, reflects real confidence in where we are taking the business and pairs directly with our plans for growth. A stronger foundation gives us the flexibility to keep investing behind our environmental solutions and logistics platform as we scale.”
The preferred stock, and the common stock issuable upon its conversion, were issued in a private transaction exempt from registration under the Securities Act of 1933, as amended, and are restricted securities. Because the holders are affiliates of the Company, any resale of these securities is subject to the volume, holding period, manner-of-sale, current public information, and other limitations applicable to affiliates under Rule 144.
Additional terms of the transaction will be included in a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission.
About RenX Enterprises Corp.
RenX Enterprises Corp. is a technology-driven environmental processing and sustainable materials company focused on producing value-added compost, engineered soils, and specialty growing media for agricultural, commercial, and consumer end markets. The Company’s platform is designed to be differentiated by its use of advanced milling and material-processing technology, including a planned deployment of a licensed Microtec system, to precisely size, refine, and condition organic inputs into consistent, high-performance soil substrates. This technology-enabled approach allows RenX to move beyond traditional waste-to-value operations and manufacture engineered growing media with repeatable quality and defined specifications.
RenX’s core operations are anchored by a permitted 80+ acre organics processing facility in Myakka City, Florida. At this facility, the Company integrates organics processing, advanced milling, blending, and in-house logistics to support the localized production of proprietary soil substrates and potting media. The Company’s wholly owned subsidiary, Zimmer Equipment Inc., provides commercial hauling and heavy equipment logistics services, supporting both internal material movement and third-party industrial freight customers. The Company believes that by optimizing products for regional feedstocks and customer requirements, it can shorten supply chains, enhance quality control, and improve unit economics while serving higher-value end markets. The Company also owns a portfolio of legacy real estate assets, which it intends to monetize to fund its core technology-driven environmental processing platform.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are or may be deemed to be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as “may,” “should,” “potential,” “continue,” “expects,” “anticipates,” “intends,” “plans,” “believes,” “estimates” and similar expressions and include, among others, statements regarding cleaning up the Company’s capital structure and enhancing the financial profile of the business as it prepares for its next phase of growth, the confidence of insiders in the Company’s growth plans, positioning RenX to pursue growth capital with greater flexibility, free from the constraints that higher debt places on the Company’s strategic options, supporting continued investment across the Company’s environmental processing operations and logistics platform, aligning a healthier capital structure with the Company’s plans to scale the business, having the flexibility to keep investing behind the Company’s environmental solutions and logistics platform as it scales, differentiating the Company’s platform by using advanced milling and material-processing technology, including a planned deployment of a licensed Microtec system, to precisely size, refine, and condition organic inputs into consistent, high-performance soil substrates, moving beyond traditional waste-to-value operations and manufacture engineered growing media with repeatable quality and defined specification, shortening supply chains, enhancing quality control, and improving unit economics while serving higher-value end markets by optimizing products for regional feedstocks and customer requirements, it can shorten supply chains, enhance quality control, and improve unit economics while serving higher-value end markets, monetizing the Company’s portfolio legacy real estate assets to fund its core technology-driven environmental processing platform. Forward-looking statements are based on assumptions and analyses made by management in light of historical experience, current conditions, and expected future developments. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions, and expected future developments, as well as other factors we believe are appropriate in the circumstances. Important factors that could cause actual results to differ materially from current expectations include the Company’s ability to implement its growth plans, the Company’s ability to deploy and commission the Microtec system on the timeline anticipated, the Company’s ability to maintain adequate liquidity and working capital, the Company’s ability to maintain its Nasdaq listing, the potential future dilution to common stockholders upon conversion of the preferred stock into common stock and the accrual of dividends payable in additional shares, the Company’s reliance on third-party technologies, partners, and customers; the availability and cost of feedstock and other inputs, market acceptance of engineered growing media and bulk materials products, general economic and market conditions, including those resulting from geopolitical events, and other factors discussed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, and its subsequent filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.
For Media and IR inquiries please contact:
Nicolai Ayrton Brune
Chief Financial Officer
RenX Enterprises Corp. [email protected]
DAVIE, FL — TheNewswire — June 11, 2026 — Brownie's Marine Group, Inc. (OTC: BWMG), in collaboration with Mountains to Seas, announced that Awake electric surfboards will be featured at Atlanta Foil Fest taking place June 12-14, 2026. Atlanta Foil Fest brings together foiling enthusiasts, industry professionals, and water sports consumers to experience the latest innovations in electric foils, boards, propulsion systems, and emerging marine technologies. Through the event, attendees will have the opportunity to learn more about Awake's premium lineup of electric surfboards and hydrofoils.
Boca Raton, FL, USA, June 11, 2026 (GLOBE NEWSWIRE) -- Athlon Family Office today announced an impressive lineup of speakers, sponsors, and industry leaders participating in the upcoming Elite Family Office Sports Summit, taking place June 23–24 in Boca Raton, Florida. The Elite Family Office Sports Summit will feature keynote presentations, panel discussions, and private networking opportunities covering topics including sports ownership, private equity, venture capital, athlete investing, media and entertainment, emerging technologies, and strategic partnerships across the global sports ecosystem.
Elektros Inc. Highlights Progress in Lithium Opportunities, EV Charging Innovation, and Growing Market Awareness As Global Interest in Energy Infrastructure and Critical Minerals Continues to Expand
WEST PALM BEACH, FL / ACCESS Newswire / June 11, 2026 / Elektros Inc. (OTC Pink:ELEK) today provided an update regarding its ongoing focus on hard rock lithium opportunities, patented electric vehicle charging technology, and continued efforts to advance its long-term strategic initiatives in support of the evolving electrification marketplace.
As global demand for electric vehicles, energy storage systems, and critical minerals continues to expand, Elektros remains focused on developing opportunities related to lithium resources and technologies designed to support future transportation and energy infrastructure needs.
"Our vision remains centered on the future of energy, transportation, and critical minerals," stated Shlomo Bleier, Chief Executive Officer of Elektros Inc.
The Company's patented electric vehicle charging technology, protected by U.S. Patent No. 12,522,100, relates to multi-port charging technology designed for electric vehicle charging applications.
As part of its intellectual property strategy, Elektros has communicated with various automotive industry participants regarding its patented technology. The Company recently received correspondence from counsel representing Volkswagen Group of America acknowledging receipt of the Company's patent-related communication and indicating that the matter would be reviewed internally. The correspondence does not constitute an admission of infringement, liability, licensing, or any commercial agreement.
Forward-Looking Statements: This press release contains forward-looking statements within the meaning of applicable federal securities laws. Actual results may differ materially from those expressed or implied.
Contact Information
Elektros Inc.
Email: [email protected]
Website: www.elektros.energy
Elektros Inc. (OTC Pink: ELEK) Celebrates Strong Market Momentum as Shares Advance 27.45% Today, Reflecting Growing Awareness of the Company's Long-Term Vision in Lithium Mining, Critical Minerals, and Electric Vehicle Innovation
WEST PALM BEACH, FL / ACCESS Newswire / June 11, 2026 / Elektros Inc. (OTC Pink:ELEK) today provided an update regarding its ongoing focus on hard rock lithium opportunities, patented electric vehicle charging technology, and continued efforts to advance its long-term strategic initiatives in support of the evolving electrification marketplace.
As global demand for electric vehicles, energy storage systems, and critical minerals continues to expand, Elektros remains focused on developing opportunities related to lithium resources and technologies designed to support future transportation and energy infrastructure needs.
"Our vision remains centered on the future of energy, transportation, and critical minerals," stated Shlomo Bleier, Chief Executive Officer of Elektros Inc.
The Company's patented electric vehicle charging technology, protected by U.S. Patent No. 12,522,100, relates to multi-port charging technology designed for electric vehicle charging applications.
As part of its intellectual property strategy, Elektros has communicated with various automotive industry participants regarding its patented technology. The Company recently received correspondence from counsel representing Volkswagen Group of America acknowledging receipt of the Company's patent-related communication and indicating that the matter would be reviewed internally. The correspondence does not constitute an admission of infringement, liability, licensing, or any commercial agreement.
Forward-Looking Statements: This press release contains forward-looking statements within the meaning of applicable federal securities laws. Actual results may differ materially from those expressed or implied.
Contact Information
Elektros Inc.
Email: [email protected]
Website: www.elektros.energy
Shares of Elektros Inc. (OTC Pink:ELEK) Advanced 27.45% Today as Growing Market Awareness Highlights the Company's Long-Term Focus on Hard Rock Lithium Opportunities and Patented Electric Vehicle Charging Technology WEST PALM BEACH, FL / ACCESS Newswire / June 11, 2026 / Elektros Inc. (OTC Pink:ELEK) today provided an update regarding its ongoing focus on hard rock lithium opportunities, patented electric vehicle charging technology, and continued efforts to advance its long-term strategic initiatives in support of the evolving electrification marketplace. As global demand for electric vehicles, energy storage systems, and critical minerals continues to expand, Elektros remains focused on developing opportunities related to lithium resources and technologies designed to support future transportation and energy infrastructure needs.
With Shares Advancing 27.45% Today, Elektros Inc. (OTC Pink: ELEK) Celebrates Expanding Market Recognition of Its Hard Rock Lithium Strategy, Critical Minerals Opportunities, and Patented Electric Vehicle Charging Technology WEST PALM BEACH, FL / ACCESS Newswire / June 11, 2026 / Elektros Inc. (OTC Pink:ELEK) today provided an update regarding its ongoing focus on hard rock lithium opportunities, patented electric vehicle charging technology, and continued efforts to advance its long-term strategic initiatives in support of the evolving electrification marketplace. As global demand for electric vehicles, energy storage systems, and critical minerals continues to expand, Elektros remains focused on developing opportunities related to lithium resources and technologies designed to support future transportation and energy infrastructure needs "Our vision remains centered on the future of energy, transportation, and critical minerals," stated Shlomo Bleier, Chief Executive Officer of Elektros Inc The Company's patented electric vehicle charging technology, protected by U.S. Patent No.
Management Believes This Moment Represents a Special Opportunity for Investors Worldwide to Discover and Participate in ELEKTROS Inc. as a Public Company Positioned Within the Electrification Revolution ELEKTROS Inc. Celebrates Friday's 33.33% Market Gain as the Company Continues Advancing Its Hard Rock Lithium Mining and EV Patent Technology Initiatives WEST PALM BEACH, FL / ACCESS Newswire / June 12, 2026 / As U.S. stock markets continue soaring to historic all-time highs, investor optimism and enthusiasm across Wall Street appear stronger than ever. Management believes current market conditions are creating renewed excitement similar to the energy and optimism experienced during the early stages of the historic dot-com boom era, when innovation, technology, and economic growth captured the imagination of millions of investors across America.
