Latest news with #NewEraHelium
Business Insider
a day ago
- Business
- Business Insider
New Era Helium Stock (NEHC) Rockets 125% on AI Data Center Plans
New Era Helium (NEHC) stock rocketed higher on Thursday after the helium, natural gas, and natural gas liquids exploration, development, and production company announced an artificial intelligence (AI) update. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter New Era Helium reported that Texas Critical Data Centers, its joint venture with Sharon AI, is in discussions with large enterprise customers to support its AI infrastructure buildout in Ector County, Texas. This has Texas Critical Data Centers seeking more land in the area to scale its data center campus. NEHC stock was up 124.74% in pre-market trading today, following a 5.01% drop yesterday.
Business Wire
2 days ago
- Business
- Business Wire
New Era Helium Advances Hyperscaler Discussions and Prepares for Board Expansion to Accelerate AI Infrastructure Strategy in the Permian Basin
MIDLAND, Texas--(BUSINESS WIRE)--New Era Helium, Inc. (Nasdaq: NEHC) ('NEHC' or the 'Company'), a next-gen exploration and production platform in the Permian Basin, today announced that Texas Critical Data Centers, LLC ('TCDC') its joint venture with Sharon AI, Inc., is in active discussions with certain large enterprise customers to anchor its planned AI infrastructure buildout in Ector County, Texas. While no formal agreement has been signed, the Company is actively working to align TCDC's Permian Basin AI Infrastructure efforts with the needs of a large-scale, high-performance computing (HPC) development. As part of these discussions, TCDC is pursuing additional land in close proximity to the current site with the goal of scaling the data center campus to potentially support significant expansion of powered capacity. This could represent a transformative digital infrastructure footprint in the Permian Basin that will link abundant local energy in the Permian Basin with the surging demand for AI compute. In addition, the Company has also identified three new board candidates with expertise spanning energy, infrastructure, and digital innovation. The Company is completing final due diligence, and the appointments are expected to reinforce the Company's governance and long-term growth strategy. E. Will Gray II, CEO of New Era Helium, Inc., commented: 'Our vision is to power the next era of AI infrastructure from the heart of America's energy backyard, the Permian Basin. Interest in Texas Critical Data Center validates the value of our location and our strategy. We're committed to building out a scalable, resilient platform to meet the rising energy demands of AI.' About New Era Helium, Inc. New Era Helium, Inc. is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets. The Company controls over 137,000 acres in Southeast New Mexico, with more than 1.5 Bcf of proved and probable helium reserves sourced alongside natural gas production. Through its joint venture, Texas Critical Data Centers, LLC, NEHC is capturing multi-sector growth across helium, power, and data infrastructure. For more information, visit Follow New Era Helium on LinkedIn and X. Forward Looking Statements: This press release may contain forward-looking statements. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms 'believe,' 'estimate,' 'project,' 'anticipate,' 'expect,' 'seek,' 'predict,' 'continue,' 'possible,' 'intend,' 'may,' 'might,' 'will,' 'could,' would' or 'should' or, in each case, their negative, or other variations or comparable terminology. These forward looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, our product candidates, commercialization objectives, prospects, strategies and the industry in which we operate. Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Business Wire
04-06-2025
- Business
- Business Wire
New Era Helium Advances Permian Basin AI Data Center Strategy with Power MOU and Board Realignment to Support Data Center Vision
MIDLAND, Texas--(BUSINESS WIRE)--New Era Helium, Inc. (Nasdaq: NEHC) ('NEHC' or the 'Company'), a next-gen exploration and production platform in the Permian Basin, today announced that the Texas Critical Data Centers, LLC ('TCDC') joint venture has entered into a non-binding Memorandum of Understanding ('MOU') with PowerForward Energy Solutions ('PFES') to provide 250MW of on-site generation capacity to power its planned AI and high-performance computing ('HPC') campus in Ector County, Texas. TCDC, the joint venture established between New Era Helium and Sharon AI, Inc. in 2024, is focused on building a 250MW data center to support the rapidly growing demand for AI and cloud GPU infrastructure. Under the terms of the MOU, signed on April 23, 2025, PFES has agreed to manufacture, install, and operate 250MW of generation assets at the TCDC site, with the first 100MW targeted for delivery within 12 months of funding and full deployment expected within 18 months. PFES is a joint venture between Progen Industries, a U.S.-based manufacturer of natural gas-fired engine-driven generators, and MBS Engineering, Inc. The partners bring more than 70 years of combined experience in delivering resilient, distributed power solutions for critical infrastructure. Work at the site continues to progress, including the completion of the Phase I Environmental Site Assessment and ongoing planning for air permitting. NEHC, Sharon AI, and PFES are also jointly evaluating carbon capture technologies. TCDC is in active discussions with potential customers, including parties interested in acquiring powered land for near-term deployment. Near-term milestones include securing natural gas supply agreements and advancing interconnection planning with regional grid partners. Recent Board Transitions Board members Bill Flores, Phil Kornbluth, and Stan Borowiec have recently stepped down from the Board of Directors. Mr. Flores resigned due to a potential conflict with his leadership role at a state regulatory body as New Era Helium advances its data center initiative. Mr. Kornbluth and Mr. Borowiec, both respected helium industry experts, stepped away as the Company broadens its strategy to include natural gas and digital infrastructure in addition to its core helium business. A search is actively underway to appoint new board members whose experience aligns with New Era Helium's evolving growth strategy. E. Will Gray II, CEO of New Era Helium Inc., commented: 'With the initial site now identified and due diligence well underway, TCDC is positioned to execute on its planned power strategy for the behind-the-meter data center campus. Concurrently, TCDC is in negotiations to secure offtake from intrastate and interstate natural gas transmission lines located in close proximity to the property. We are excited about what we are building in Ector County and believe that access to low-cost, reliable power is key to attracting top-tier partners. As we expand our strategic focus to include natural gas and data center infrastructure, we are positioning New Era Helium to deliver long-term value across multiple energy verticals.' Wolf Schubert, CEO of Sharon AI Inc., said: 'We are excited to announce our collaboration with PowerForward Energy Solutions, who bring considerable power experience to the project. We believe their ability to deliver substantial capacity over 12-18 months allows us to offer a highly commercial solution to customers looking to deploy as soon as feasible.' Brian James and John Manning, Founders, PowerForward Energy Solutions, commented: 'We are at the forefront of a generational shift in how America produces and consumes power. As AI, cloud, and high-density computing reshape the industrial landscape, the demand for resilient, on-site generation is no longer optional – it is essential. PowerForward is proud to partner with TCDC to deliver the next chapter of power infrastructure: intelligent, integrated, and built for the future.' About New Era Helium, Inc. New Era Helium, Inc. is a next-gen exploration and production platform unlocking the full value of its Permian Basin assets. The Company controls over 137,000 acres in Southeast New Mexico, with more than 1.5 Bcf of proved and probable helium reserves sourced alongside natural gas production. Through its joint venture, Texas Critical Data Centers, LLC, NEHC is capturing multi-sector growth across helium, power, and data infrastructure. For more information, visit Follow New Era Helium on LinkedIn and X. About Sharon AI, Inc Sharon AI, Inc., is a High-Performance Computing company focused on Artificial Intelligence and Cloud GPU Compute Infrastructure. Sharon AI has a hybrid operational model that sees it deploy in co-location data centers as well as design, build and operate its own proprietary specialized data center facilities. With the expected addition of NVIDIA H200s to the company's GPU fleet in 2025, Sharon AI will be able to offer a wide range of AI/HPC GPUs as a Service (GPUaaS), including NVIDIA H200, H100, L40S, A40, RTX3090 and AMD MI300X. For more information, visit: About PowerForward Energy Solutions PowerForward Energy Solutions is dedicated to shaping a sustainable energy future through innovative power solutions. Formed as a strategic partnership between PROGEN INDUSTRIES and MBS ENGINEERING, the company's mission is to deliver comprehensive, turn-key power solutions that address the diverse needs of today's energy landscape. The company's combined expertise in engineering and industry-leading manufacturing allows it to provide custom solutions that enhance energy efficiency, reliability, and sustainability. Forward Looking Statements: This press release may contain forward-looking statements. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms 'believe,' 'estimate,' 'project,' 'anticipate,' 'expect,' 'seek,' 'predict,' 'continue,' 'possible,' 'intend,' 'may,' 'might,' 'will,' 'could,' would' or 'should' or, in each case, their negative, or other variations or comparable terminology. These forward looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, our product candidates, commercialization objectives, prospects, strategies and the industry in which we operate. Forward-looking statements should not be read as a guarantee of future performance or results and may not be accurate indications of when such performance or results will be achieved. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements.
Yahoo
17-05-2025
- Business
- Yahoo
New Era Helium First Quarter 2025 Earnings: US$0.24 loss per share (vs US$0.13 loss in 1Q 2024)
Net loss: US$3.32m (loss widened by 287% from 1Q 2024). US$0.24 loss per share (further deteriorated from US$0.13 loss in 1Q 2024). We've discovered 6 warning signs about New Era Helium. View them for free. All figures shown in the chart above are for the trailing 12 month (TTM) period New Era Helium shares are down 17% from a week ago. Before you take the next step you should know about the 6 warning signs for New Era Helium that we have uncovered. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
Why New Era Helium (NEHC) Is Crashing This Week
We recently published a list of Energy Stocks that are Losing This Week. In this article, we are going to take a look at where New Era Helium, Inc. (NASDAQ:NEHC) stands against other energy stocks that are crashing this week. After a promising start to the year, the overall energy sector has fallen by almost 5.5% since the beginning of 2025. However, it still beats the 9.9% decline suffered by the wider market. The major reason behind this downturn is the plunge in global crude oil price, caused by the continued uncertainty surrounding the ongoing tariff war, the prospects of an economic slowdown, and the recent decision by OPEC+ to increase supply in May. The WTI crude oil price, which stood at just over $71 a barrel in the beginning of April, plunged to below $60 before again resurging to around $64.3 currently. To put additional pressure on the sector, the International Energy Agency recently cut its 2025 oil demand growth forecast by 300,000 barrels per day compared to last month, warning the world to 'buckle up' amid the escalating trade tensions. Moreover, OPEC also cut its 2025 global oil demand growth forecast for the first time since December last week, expecting the demand to rise by 1.30 million bpd in 2025 and by 1.28 million bpd in 2026. Both figures are down 150,000 bpd from last month's estimates. A pipeline of natural gas cutting through a rural landscape. To collect data for this article, we have referred to several stock screeners to find energy stocks that have fallen the most between April 15 to April 22, 2025. The following are the Energy Stocks that Lost the Most This Week. The stocks are ranked according to their share price decline during this period. At Insider Monkey, we are obsessed with the stocks that hedge funds pile into. The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Share Price Decline Between Apr. 15 and Apr. 22: 10.11% New Era Helium, Inc. (NASDAQ:NEHC) is an energy company that extracts helium from natural gas reserves in North America. New Era Helium, Inc. (NASDAQ:NEHC) recently announced an extension to the construction timeline of its Pecos Slope plant project, which is now expected to be operational in Q4 2024, instead of the initially forecasted Q2. The company revealed prolonged negotiations and financing challenges during the de-SPAC process to be the primary factors behind the delay. That said, New Era Helium, Inc. (NASDAQ:NEHC) revealed last week that it is making progress in its plans for a new data center with Sharon AI. The joint venture intends to close on the acquisition of the 235-acre site within the next 90 days, marking a critical milestone toward construction and commercialization. Overall, NEHC ranks 2nd on our list of the energy stocks that lost the most this week. While we acknowledge the potential of energy companies, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than NEHC but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
