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Source: GlobeNewsWire News Agency
1 month ago
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Gran Tierra Energy Inc. Announces Agreement to Sell its Colombia and Ecuador Business to Maurel & Prom and Reposition the Company for Fully Financed Growth

Gran Tierra Energy Inc. Announces Agreement to Sell its Colombia and Ecuador Business to Maurel & Prom and Reposition the Company for Fully Financed Growth

Sale of the Company's Colombia and Ecuador Oil Business, Representing All of Its South American Assets, to Maurel & Prom Representing a Total Consideration of $1.33 Billion Continuing Company to Have an Estimated Pro-Forma PDP Net Asset Value (NPV10 BT) of Approximately $12.49 per Share (fully diluted), Representing a Premium of Approximately 83% to Gran Tierra's 20-Day Volume Weighted Average Price Purchaser to Assume Substantially All of the Company's Net Liabilities, Positioning Gran Tierra to be Debt-Free with Significant Cash at Completion Supports a Meaningful Return of Capital to Stockholders and Repositions Gran Tierra Around Fully Financed Growth Plans in Canada and Azerbaijan CALGARY, Alberta, Aug. 05, 2026 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE) (TSX:GTE) (LSE:GTE) today announced that it has entered into a definitive share sale and purchase agreement (the “Agreement”) to sell its oil business in Colombia and Ecuador (collectively, the “Divested Business”) to Établissements Maurel & Prom S.A. (“Maurel & Prom” or the “Purchaser”), a Paris-listed international oil and natural gas exploration and production company majority owned by PT Pertamina Internasional Eksplorasi dan Produksi (“PIEP”), a subsidiary of Indonesia's national energy company, PT Pertamina (Persero) (“Pertamina”), representing a total consideration of $1.33 billion (the “Transaction”).

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Source: GlobeNewsWire
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Source: MarketBeat News Agency
1 month ago
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Centerspace Q2 Earnings Call Highlights

Centerspace Q2 Earnings Call Highlights

Centerspace NYSE: CSR said its second-quarter operating results were in line with expectations as the apartment real estate investment trust continued a portfolio repositioning and deleveraging program that has included sales or pending sales of 20 communities over the past 14 months.

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CSR CSR
Source: MarketBeat
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Source: MarketBeat News Agency
1 month ago
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Crawford & Company Q2 Earnings Call Highlights

Crawford & Company Q2 Earnings Call Highlights

Crawford & Company NYSE: CRD.A reported second-quarter results marked by stronger operating earnings, improved margins and growth in its Broadspire and International Operations businesses, while consolidated revenue declined slightly from a year earlier.

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CRD-A CRD-A
Source: MarketBeat
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Source: Seeking Alpha News Agency
1 month ago
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Marriott: The Loyalty Engine Is Outgrowing The Hotel Cycle

Marriott: The Loyalty Engine Is Outgrowing The Hotel Cycle

Marriott International is rated Buy, with a fair value estimate of $400, reflecting premium quality at a relative discount to Hilton. MAR's earnings growth is driven by robust fee revenue, Bonvoy membership expansion, co-branded credit card income, and aggressive share repurchases, despite modest RevPAR gains. Net room growth, conversions, and a large pipeline support sustained high-single-digit fee and EBITDA growth, with 2026–2027 EPS projected to rise 11–14% annually.

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MAR MAR
Source: Seeking Alpha
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Source: Seeking Alpha News Agency
1 month ago
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Uber: A Potential Waymo Exit Warrants Caution

Uber: A Potential Waymo Exit Warrants Caution

Waymo is reportedly exploring its options to end its partnership with Uber in Austin and Atlanta, which suggests Waymo is trying to own the customer through vertical integration. At the beginning of this decade, robotaxis were available in just 1 city in the entire world. Today, that number has risen to more than 20. Robotaxi growth is very real, and Waymo seems likely to maintain its position as a leading robotaxi developer in the long run.

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UBER UBER
Source: Seeking Alpha
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Source: Seeking Alpha News Agency
1 month ago
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Oil States International: The Backlog Is Real, And The Balance Sheet Adds Protection

Oil States International: The Backlog Is Real, And The Balance Sheet Adds Protection

Oil States International is rated Buy with an $11 price target, reflecting a compelling risk/reward at current levels. OIS reported its highest Offshore Manufactured Products backlog in over a decade and is now essentially net debt-free, supporting revenue visibility and balance sheet strength. The revenue mix has shifted toward offshore and international projects, now over 70% of consolidated revenue, enhancing long-cycle exposure.

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OIS OIS
Source: Seeking Alpha
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Source: Seeking Alpha News Agency
1 month ago
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LKQ Corporation: North America Improved, But Europe Is Still A Drag

LKQ Corporation: North America Improved, But Europe Is Still A Drag

LKQ Corporation remains a hold as North America shows organic growth, but European operations are hampered by ERP disruptions and lost wallet share. Q2 revenue declined 6% year-over-year to $3.4B, with consolidated EBITDA margin down 160 bps to 10.2% and adj. EPS falling to $0.67. North America achieved its first positive organic growth in nine quarters, driven by increased alternative parts adoption and stable aftermarket demand.

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LKQ LKQ
Source: Seeking Alpha
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