Dafinchi AI

TETRA Technologies, Inc.

TTI

Energy & Utilities

3w

Record-Setting Adjusted EBITDA and Deepwater Activity Surge in 2025

Achieved record adjusted EBITDA of $35.9 million for Q2 2025 and $68.1 million for the first half, surpassing guidance by $3.1 million.
Record deepwater activity with 25 jobs in Q1 and completion of the Neptune 3-well project in Q2, driving revenue growth.
Overall annual deepwater revenue projected to hit a 10-year high in 2025 despite quarter-to-quarter variability.

DNOW

Energy & Utilities

2w

Record Second Quarter EBITDA at $51 Million

Second quarter EBITDA of $51 million, the best in DNOW's history as a public company.
Market activity declined sequentially and year-over-year, yet EBITDA improved 11% sequentially.
EBITDA margin reached 8.1%, surpassing the second quarter target and demonstrating earnings strength.

International Seaways, Inc.

INSW

Energy & Utilities

2w

Financial Performance Summary

Adjusted EBITDA for the quarter was $102 million, reflecting strong cost management and operational efficiency.
Free cash flow for Q2 was approximately $71 million, representing an annualized cash flow yield of nearly 15% on the current share price.
Gross debt stood at $553 million with a net loan-to-value ratio comfortably under 15%, highlighting a strong balance sheet.
Net income for Q2 2025 was $62 million or $1.25 per diluted share, with adjusted net income excluding vessel sale gains at $50 million or $1.02 per diluted share.
Total liquidity ended the quarter at over $700 million, including $149 million in cash and $560 million in undrawn revolver capacity.

Civitas Resources, Inc.

CIVI

Energy & Utilities

1w

Financial Performance Summary

Cash operating expenses per unit were more than 10% lower, and capital investments were at the low end of plan due to lower well costs and improved drilling and completion cycle times.
Civitas issued $750 million in new senior notes to enhance liquidity and extend debt maturities, maintaining around $2 billion in financial liquidity.
Civitas Resources reported strong Q2 2025 results with adjusted EBITDA near $750 million and adjusted free cash flow over $120 million.
Oil volumes grew 6% quarter-over-quarter, driven primarily by the Midland Basin.
The company significantly exceeded its full-year target for noncore asset sales, divesting $435 million in DJ Basin assets at a 4x multiple on 2026 cash flow.

GWH

Energy & Utilities

6d

Financial Performance Summary

Adjusted EBITDA improved nearly 60% compared to Q2 of last year, showing operational leverage.
Cash and cash equivalents improved to $7.2 million by end of July, up from Q2 end.
GAAP cost of revenues decreased 15% quarter-over-quarter, reflecting improved cost control.
GAAP revenue of $2.4 million in Q2 2025, a 294% increase from Q1 2025 driven by final deliveries of Energy Warehouses and Energy Centers.
Net loss improved by 50% year-over-year, indicating progress toward profitability.
Operating expenses fell 35% quarter-over-quarter due to cost reduction efforts and rightsizing.
Secured up to $31 million in new capital, including a $25 million Standby Equity Purchase Agreement (SEPA).

The Williams Companies, Inc.

WMB

Energy & Utilities

2w

Financial Performance Summary

Growth CapEx is expected near the high end of guidance at just under $2.9 billion, reflecting accelerated project timelines.
Northeast Gathering & Processing (G&P) business increased by $22 million or 5%, despite the negative impact of the Aux Sable divestiture.
Overall volumes increased across segments, with Gulf gathering volumes up 17% and NGL production up 77%.
The company expects a 9% CAGR in adjusted EBITDA from 2020 through 2025.
Transmission and Gulf business segment improved by $91 million or 11%, driven by expansion projects and higher revenues.
Upstream business showed a $7 million increase, partially offset by lower oil prices.
West segment grew by $22 million or 7%, supported by higher Haynesville volumes and the Rimrock acquisition.
Williams raised its 2025 adjusted EBITDA guidance midpoint by $50 million to $7.75 billion, representing a cumulative $350 million increase since 2024 guidance.
Williams reported an 8% increase in adjusted EBITDA for Q2 2025, reaching $1.808 billion compared to $1.667 billion in Q2 2024.