Constellation Energy beat first-quarter profit estimates on Thursday on increased nuclear power generation and tax credits related to the Inflation Reduction Act, officials with the Baltimore-based power company said on Thursday. Constellation, which is the largest operator of U.S. nuclear energy, also said it is considering adding new small modular reactors and other energy technologies on its existing sites to deliver electricity to large load customers like data centers. Customers of the possible new nuclear generation would fund the projects through long-term power purchase agreements, while Constellation would operate the units, the company said on its first-quarter earnings call.
Fuel Tech, Inc. (NASDAQ:FTEK) Q1 2024 Earnings Call Transcript May 8, 2024 Fuel Tech, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings. Welcome to Fuel Tech, Inc. First Quarter 2024 Financial Results Conference Call. [Operator Instructions] Please note, […]
The private equity owner of Good Sportsman Marketing Outdoors is exploring a sale of the hunting and fishing gear maker that could value it at about $1.5 billion, including debt, according to people familiar with the matter. Irving, Texas-based GSM, which is owned by Gridiron Capital, is working with investment bank R. W. Baird to gauge interest from potential buyers that include other private equity firms, the sources said, requesting anonymity as the discussions are confidential. Gridiron, which acquired GSM from Sentinel Capital Partners in 2020, is expecting to command a valuation for GSM equivalent to more than 10 times the company's 12-month earnings before interest, taxes, depreciation and amortization of about $140 million, the sources said.