Latest news with #Pipes
Business Insider
a day ago
- Business
- Business Insider
B.Riley Financial Remains a Buy on TeraWulf Inc (WULF)
Financial analyst Lucas Pipes maintained a Buy rating on TeraWulf Inc yesterday and set a price target of $14.00. The company's shares closed yesterday at $8.97. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Pipes is a 5-star analyst with an average return of 25.5% and a 51.94% success rate. In addition to Financial, TeraWulf Inc also received a Buy from Citizens JMP's Gregory P Miller in a report issued yesterday. However, on the same day, KBW maintained a Hold rating on TeraWulf Inc (NASDAQ: WULF). WULF market cap is currently $3.41B and has a P/E ratio of -25.33. Based on the recent corporate insider activity of 69 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WULF in relation to earlier this year. Most recently, in June 2025, Catherine J. Motz, a Director at WULF sold 21,182.00 shares for a total of $83,033.44.
Business Insider
18-07-2025
- Business
- Business Insider
B.Riley Financial Sticks to Its Buy Rating for AZZ (AZZ)
Financial analyst Lucas Pipes maintained a Buy rating on AZZ yesterday and set a price target of $131.00. The company's shares closed yesterday at $111.90. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Pipes is a 5-star analyst with an average return of 24.4% and a 50.72% success rate. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AZZ with a $110.50 average price target, a -1.25% downside from current levels. In a report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $126.00 price target. The company has a one-year high of $113.58 and a one-year low of $69.59. Currently, AZZ has an average volume of 262.1K. Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AZZ in relation to earlier this year. Most recently, in May 2025, Thomas E. Ferguson, the President & CEO of AZZ sold 4,973.00 shares for a total of $466,964.70.
The Sun
19-06-2025
- Business
- The Sun
reNIKOLA partners with Pertamina Gas on biogas plans
JAKARTA: reNIKOLA Holdings Sdn Bhd, a pure-play renewable energy power producer, signed a MoU with Indonesia's PT Pertamina Gas, through its wholly owned subsidiary PT reNIKOLA Primer Energi (PT RPE). The MoU establishes a strategic collaboration for biogas business development across the Sumatra and Kalimantan regions. The MoU was signed during the Pertagas Integrated Pipeline and Energy Summit (Pipes) in Jakarta, themed 'Accelerating Clean Energy Transition through Infrastructure Integration.' This collaboration aligns with Pertagas's strategic goals to develop a reliable and integrated national gas pipeline infrastructure from upstream to downstream, including the advancement of renewable energy as a component of future energy distribution systems. The agreement marks a concrete commitment by both parties to support the acceleration of the national energy transition and carbon emission reduction through the utilisation of renewable energy derived from organic waste such as palm oil mill effluent (Pome). PT Pertamina Gas president director Gamal Imam Santoso said the company views biogas as a highly promising alternative energy source to support the national energy mix. 'With Pertagas's infrastructure and expertise, along with reNIKOLA's experience in renewable energy development, we are optimistic that this collaboration will bring real impact, both for the energy sector and communities surrounding our operational areas,' he said. PT RPE director and CEO Dr Mohd Amran Mohd Yusof said this collaboration marks an important milestone in advancing a green economy based on local potential. 'We hope that synergy with PT Pertamina Gas will accelerate the realisation of biomethane projects that deliver positive social impacts, particularly in palm oil-producing areas and locations far from existing energy supply sources,' he said. This partnership opens up significant opportunities for the development of biogas/biomethane production, purification, and distribution infrastructure that can be integrated with Pertagas's gas pipeline network. On the other hand, challenges such as ensuring a stable supply of raw materials, the scattered location of feedstock sources, and adaptation to green energy regulations remain key concerns. Nevertheless, with strategic synergy and support from various stakeholders – both governmental and private – this collaboration is expected to overcome those challenges and serve as a replicable model nationwide.
Yahoo
14-05-2025
- Automotive
- Yahoo
Wilkes County prepares for 2025 NASCAR All-Star Race
NORTH WILKESBORO, N.C. (WGHP) — The green flag is dropping for the 2025 NASCAR All-Star Race at North Wilkesboro Speedway soon. Sunday's race is expected to bring the crowds despite no fan fest or hauler parade this year. This is year three for the All-Star race back at North Wilkesboro Speedway, and it just keeps getting bigger. The Wilkes County Tourism Development Authority said thousands of fans are expected to come for the race weekend. A new pedestrian bridge has been put in place to help move crowds safely to the speedway. 'In past races, we've had to close down one lane of Fisher Creek, put stop lights on both sides, install barrier fencing for the pedestrians because the old bridge was not accommodating to pedestrians based on the railing heights,' North Carolina Department of Transportation Resident Engineer for Wilkes County and Ashe County Scott Pipes said. The WCTDA estimates between 80,000 to 90,0000 people will be coming over four days for the NASCAR All-Star race weekend. With fans comes foot traffic. That's where this new pedestrian bridge comes in. It was installed in April ahead of the busy race weekend. The NCDOT's new pedestrian bridge crosses U.S. 421, allowing people to safely walk over the busy highway to the North Wilkesboro Speedway. 'The new bridge is designed for pedestrians,' Pipes said. The bridge is a part of a bigger traffic control plan involving cameras, NCDOT crews and troopers monitoring on U.S. 421 that will be heavily traveled over the race weekend. 'The biggest thing is keeping 421 flowing, but expect delays,' Pipes said. While the speedway brings the people in, WCTAD Executive Director Thomas Salley said the deep history of racing in the county keeps them exploring. That history is on display at the Wilkes Heritage Museum. 'NASCAR has its roots right here in Wilkes County with the moonshine … capital of the world … That business beget this idea of stock car racing because the moonshiners were modifying their cars to outrun the police,' Salley said. In its third year, Salley said the All-Star race is revving up more than just engines. It's driving economic growth. NASCAR's All-Star race weekend runs from May 16 through May 18, with the big race event on Sunday at 8 p.m. Fans have already started arriving, and campgrounds are open. If you're not headed to the speedway for the NASCAR weekend events, NCDOT officials recommend avoiding U.S. 421. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Mint
07-05-2025
- Business
- Mint
1,235% rally in 5 years! THIS multibagger stock is Anand Rathi's pick for May 2025. Buy, sell or hold?
Multibagger Stock: Indian brokerage firm Anand Rathi Investment Services has selected APL Apollo Tubes (APLAPOLLO) as its stock pick of the month of May 2025 and expects a potential upside of 6.66 per cent for the stock. Shares of the iron and steel product maker closed 2.99 per cent higher at ₹ 1,662.85 after Wednesday's stock market session, compared to ₹ 1,614.55 at the previous market close. APL Apollo Tubes shares, after a prolonged consolidation, have now witnessed a major 'trendline breakout' above the 1,650 mark in Wednesday's stock market session. 'After a prolonged consolidation, APLAPOLLO has witnessed a major trendline breakout above the 1,650 mark in today's session,' said the brokerage firm. Anand Rathi analysts highlighted that the breakout is well-supported by encouraging volumes, indicating strong market participation. 'Weekly RSI has confirmed a bullish breakout, reinforcing the positive price action,' said the brokerage firm in its stock report. APL Apollo Tubes shares have given stock market investors more than 1,235 per cent returns on investment in the last five years and over 7 per cent gains in the last one-year period. On a year-to-date (YTD) basis, the shares have gained 4.32 per cent in 2025, and 14.85 per cent in the last one-month period in the Indian stock market. APL Apollo Tubes shares hit their 52-week high levels at ₹ 1,729.45 on May 22, 2024, while the 52-week low level was at ₹ 1,253 on October 8, 2024, according to BSE data. The shares are currently edging towards the year-high levels. The market capitalisation (M-Cap) of the firm was at ₹ 46,148.17 crore as of the stock market close on Wednesday, May 7, 2025. 'We advise traders to buy the stock near ₹ 1,650 with a stop loss of ₹ 1,594 for an upside target of ₹ 1,760,' said the Anand Rathi analysts as they anticipate a 6.66 per cent upside for the stock. APL Apollo Tubes Ltd. (APLAPOLLO): Buy near ₹ 1,650; Target Price at ₹ 1,760; Stop Loss at ₹ 1,594. APL Apollo Tubes is one of the largest producers of structural steel tubes in the Indian market, and the firm also has an extended distribution network of warehouses and branch offices in 29 cities across the country, catering to domestic as well as 20 countries worldwide, according to the official data. The Delhi NCR-based company has a distribution network of more than 800 dealers in India. Pre-Galvanised Tubes, Structural Steel Tubes, Galvanised Tubes, MS Black Pipes and Hollow Sections are some of the steel products manufactured by the company, as per the official website. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.
