Latest news with #EQT
Yahoo
a day ago
- Business
- Yahoo
Number of shares and votes in EQT
Cancellation of 6,899,011 ordinary shares held in treasury by EQT The cancellation was resolved by the Annual Shareholders' Meeting 2025 As of 30 May 2025, there are 1,177,185,346 shares outstanding in EQT STOCKHOLM, May 30, 2025 /PRNewswire/ -- The total number of shares and votes in EQT AB (publ) ("EQT") has decreased by 6,899,011 shares and votes during May 2025 as a result of a cancellation of 6,899,011 ordinary shares held in treasury by EQT. The cancellation was resolved by the Annual Shareholders' Meeting 2025 on 27 May 2025, in line with EQT's intention to off-set over time the dilution impact from shares delivered to participants in EQT's Share and Option Programs. The number of shares and votes in EQT as of 30 May 2025 is set out in the table below. Ordinary shares Class C shares1 Total Number of issued shares2 1,234,611,900 (1,234,611,900 votes) 496,056 (49,605.6 votes) 1,235,107,956 (1,234,661,505.6 votes) Number of shares owned by EQT AB3 57,922,610 - 57,922,610 Number of outstanding shares 1,176,689,290 (1,176,689,290 votes) 496,056 (49,605.6 votes) 1,177,185,346 (1,176,738,895.6 votes) 1 Carry one tenth (1/10) of a vote 2 Total number of shares in EQT AB, i.e. including the number of shares owned by EQT AB and the number of shares outstanding 3 EQT AB shares owned by EQT AB are not entitled to dividends or carry votes at shareholders' meetings This press release is published for regulatory reasons. Contact Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15EQT Press Office, press@ +46 8 506 55 334 This is information that EQT AB (publ) is obliged to make public pursuant to the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact person set out above, at 18:00 CET on 30 May 2025. This information was brought to you by Cision The following files are available for download: EQT - Number of shares and votes (30 May 2025) EQT Group View original content:
Yahoo
2 days ago
- Business
- Yahoo
Ride the Clean Energy Demand With These 2 Natural Gas Stocks: ET, CRK
There has been a mounting clean energy demand that drives investors' interest in natural gas stocks. This is because natural gas produces lower emissions than crude oil and coal, while generating an equivalent amount of energy. The rising clean energy demand is also aiding the pricing environment of natural gas, bolstering the outlook of energy players that are engaged in producing, transporting and storing the commodity. Given the backdrop, is this the ideal time to invest in upstream players like Comstock Resources, Inc. CRK and Energy Transfer LP ET? In its latest short-term energy outlook, the U.S. Energy Information Administration ('EIA') forecasted this year's natural gas spot price at $4.10 per million BTU, significantly higher than $2.20 in the past year. Rising exports of LNG from the United States primarily contributed to the commodity prices. The electric power sector also requires more natural gas, aiding the pricing environment. In its first-quarter 2025 earnings transcript, upstream company EQT Corporation (EQT) highlighted the resilience of natural gas demand. EQT noted that during the coronavirus pandemic, industrial usage of natural gas slipped by less than 1 billion cubic feet per day, representing a dip of under 1% of the nation's total natural gas consumption. Natural gas's resilience, which EQT mentioned, was possibly due to the commodity's wide usage starting from heating homes, cooking and producing electricity. With the commodity's pricing environment remaining favorable and natural gas demand staying resilient, upstream energy companies will have incentives to ramp up exploration and production of natural gas to capitalize on the increasing demand for cleaner fossil fuels. With higher production, there will be greater demand for transportation and storage assets of midstream players. Hence, it would be ideal for investors to bet on prospective natural gas producers and midstream players involved in transporting and storing the commodity. Here are two such stocks – CRK and ET – carrying a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. CRK's Growth Potential Backed by Deep Drilling Inventory Being a leading producer of natural gas, Comstock Resources is well-positioned to capitalize on the favorable pricing scenario of the commodity. Importantly, CRK has plenty of places left to drill for natural gas, spreading evenly across two prolific underground zones – Haynesville and Bossier. At the speed they're drilling now, they've got enough future wells lined up to keep them busy for more than three decades. Energy Transfer to Gain on Energy-Hungry Data Centers Energy Transfer stands to benefit significantly from the rapid expansion of energy-hungry data centers across Texas, driven by explosive demand for artificial intelligence (AI), cloud computing and digital services. ET in its first-quarter 2025 earnings transcript mentioned that it is in active discussions with roughly 150 data centers and has already secured a natural gas supply agreement with CloudBurst, a flagship AI-focused data center project. This early traction highlights the partnership's strong competitive position in meeting the next wave of electricity demand. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Comstock Resources, Inc. (CRK) : Free Stock Analysis Report Energy Transfer LP (ET) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Bloomberg
2 days ago
- Business
- Bloomberg
Buyout Firm Vista to Acquire EQT's Acumatica in $2 Billion Deal
Vista Equity Partners agreed to acquire Acumatica Inc., a software company that helps businesses streamline workflows. Vista is buying the Bellvue, Washington-based firm from private equity firm EQT AB, according to a statement Thursday that confirmed an earlier Bloomberg News report. Financial terms weren't disclosed. The deal values Acumatica at about $2 billion including debt, people familiar with the matter said.
Bloomberg
3 days ago
- Business
- Bloomberg
EQT Gets $162 Million Loan for Payout to Indira IVF Stakeholders
Swedish private equity firm EQT AB has obtained an around $162 million loan to finance a payout to shareholders of India's fertility services provider Indira IVF, which it owns a majority stake in, according to people familiar with the matter. Some 16 banks participated in the loan including BNP Paribas SA, HSBC Holdings Plc, DBS Group Holdings Ltd. and several Taiwanese lenders, one of the people said, who asked not to be identified discussing a private matter. The facility carries a six-year tenor, the people said.
South China Morning Post
3 days ago
- Business
- South China Morning Post
Environmental breakthroughs take centre stage in Hong Kong start-up pitch competition
Every early-stage company entering the 2025 EQT Impact Challenge recognised the need to come up with a business concept that could meet three key criteria: it had to be investible, scalable, and hold promise for the long term. The task was to convey that potential to a panel of expert jurors and demonstrate how the company's innovation could drive meaningful change. The pitch competition, which has held previous editions in Japan, South Korea and Singapore, aims to identify and support early-stage companies with their breakthrough concepts, business plans, financial models, and ambitions to scale for long-term growth. It is organised by EQT, one of the world's largest investment firms, with its philanthropic arm, EQT Foundation, providing the winning start-up capital to fuel growth, and access to a global network of potential industry partners and investors. The event is being held in partnership with the South China Morning Post. The competition focuses on novel, deep tech solutions and scientific breakthroughs related to climate and nature, as well as health and well-being. Many leading contenders were prepared to think big, putting forward ideas and solutions that, given the right backing and once scaled, have the potential to change lives on a global scale.
