Shareholders throw in the towel in lawsuit over Kalani’s backing of Diana Containerships
World champion Kyren Wilson shrugged off a headache and concerns over the speed of the tables to sweep past Stephen Maguire 6-0 in the first round of the UK Championship. Wilson dominated what had been a scrappy afternoon session at the Barbican Centre in York to take a 4-0 lead – with neither player able to build a half-century break. After the interval Wilson – who has won two ranking titles already this season – finally found some rhythm as a run of 71 put him within a frame of victory. 6-0! 🤯 World Champ Kyren Wilson is into the second round of the @VictorianPlumb UK Championship after a whitewash victory over Stephen Maguire. #VPUKChampionship pic.twitter.com/faJR3EDbSF — WST (@WeAreWST) November 25, 2024 After Maguire, who won the 2004 UK Championship title, missed another chance to build a response, Wilson, already 27 in front, took the opportunity to clear up to the pink. Wilson, second in the current world standings, avoided becoming another seed to suffer an early exit with Ronnie O’Sullivan and Mark Selby both having failed to progress. “It was a strange match,” Wilson said afterwards to the BBC. “Early doors both of us were going into the pack, not really landing on a ball and having to play safe. “For me the table was so difficult to judge. I don’t know if that was what was wrong with Stephen today. “I felt if you were playing it slow, it was drifting to the right. “When you have to start hitting the balls a bit harder on these tables, the pockets are just so unforgiving that it makes the game harder. “I just had to stay composed. I felt amazing in my game, but it was not just quite clicking today.” Wilson also revealed he has been struggling with a headache. “I woke up with it again today,” he said. “Going out for the first frame, there is so much intensity, your heart is racing, the lights are quite different and it was so warm – I just felt like my head was going to explode. “So I had to get out of there and just take some more painkillers, but it is not too bad now.” Maguire, meanwhile, was downbeat after “one of the worst performances ever”. He said: “It was rubbish, nothing else I can say, just garbage. “It was a hard one to take. You just go home and see what the next day brings. “You can’t explain that. It was one of the worse performances ever. I am struggling to believe how bad that was.” WAKELIN BATTLES THROUGH! 🔥 He beats Matt Selt 6-4 in a fragmented affair in York – he plays Kyren Wilson next. #VPUKChampionship | @Victorianplumb pic.twitter.com/7C2Fz0kAVi — WST (@WeAreWST) November 25, 2024 There was a closer contest on the other table, where Chris Wakelin battled past Matthew Selt 6-4 to secure his place in the last 16 against Wilson. Wakelin, the 15th seed, had been 2-0 down before making a break of 75 in the third frame, which was followed by 68 from Selt. The match remained a tight affair, with neither player able to craft another half-century as it was locked at 4-4. After Selt looked set in the ninth frame, a missed black to the bottom corner proved costly as Wakelin came from behind to win 65-55 – and take the lead for the first time. Further breaks of 31 and 32 – as well as being helped by a doubled yellow – left Selt needing snookers before Wakelin eventually clipped in the brown to secure a hard-earned victory. In Monday’s evening session, qualifier Michael Holt pulled off another upset with a 6-1 win over 10th seed Gary Wilson. Holt – who came through four preliminary rounds in Leicester to reach the main draw – dug in to build a 4-1 lead, which he extended with a superb 95 clearance. The seventh frame, though, proved a tense affair as both men failed to make the most of promising positions – Holt snookering himself after potting the brown with only three other colours left. The world number 98, though, then clipped in a long pink to seal a memorable victory, reaching the last 16 of the tournament for the first time since 1999. THE SILENT ASSASSIN IS THROUGH! 💪 Jak Jones defeats Luca Brecel in a tight decider to reach the Last 16! #VPUKChampionship | @Victorianplumb pic.twitter.com/AnHwkL2xyA — WST (@WeAreWST) November 25, 2024 On the other table, Welshman Jak Jones reeled off three successive frames to stun former world champion Luca Brecel 6-5. Brecel, who has struggled for form since winning the world title in 2023, led 42-0 in the decider, but a missed red allowed Jones his chance. And the 2024 world championship runner-up took it superbly, compiling a 66 break that left Brecel with too much to do as he moved into the last-16.Unlock Your Mine’s Potential with Datamine’s Mine to Mill Solution
NASSAU, Bahamas (AP) — Javon Small scored five of his 31 points in overtime and Tucker DeVries added key free throws late in regulation and finished with 16 points as West Virginia beat No. 3 Gonzaga 86-78 in the Battle 4 Atlantis on Wednesday. Small’s layup with under 2 minutes left in OT gave West Virginia a 79-75 lead. After a Gonzaga miss, Sencire Harris hit two free throws to make it a six-point lead. With 27.1 seconds left, Harris made a steal and scored on a dunk for an eight-point lead, putting the game out of reach. Amani Hansberry scored a career-high 19 points and Toby Okani added 10 for West Virginia (3-2). Braden Huff scored 19 points and Khalif Battle 16 for Gonzaga (5-1). Takeaways Gonzaga showed its depth, outscoring the West Virginia bench 30-2. West Virginia’s only loss was by 24 points at Pitt, but the rebuild under Darian DeVries is showing promise. Key moment Gonzaga turned it over at midcourt late in regulation when Tucker DeVries poked it away from Nolan Hickman and raced the other way before getting fouled. DeVries made two free throws with 5.9 seconds left to tie it at 71-all. Battle inbounded the ball and got it back, but lost control on a drive as time expired. Key stats The shorter Mountaineers outrebounded Gonzaga 42-36 and shot 50% in the second half, battling the Zags to a draw in the paint. Nembhard had 12 assists and just one turnover in 43 minutes, but was 1 of 10 from the field. Up next West Virginia will play Louisville on Thursday in the winner’s bracket. Gonzaga faces No. 14 Indiana on the consolation side. ___ Get poll alerts and updates on the AP Top 25 throughout the season. Sign up . AP college basketball: andBy JESSICA DAMIANO Finding the perfect gift can be daunting. The only way to truly ensure you get it right would be to ask the recipient what they want, but that wouldn’t be much fun for either of you. Luckily, there’s another tactic to help you earn a “gift whisperer” reputation: seeking out unique, practical, game-changing gifts that will truly surprise and delight. But that’s about as easy as it sounds, which is to say it’s not easy at all. So, we’ve done the legwork for you. Start making your list with this compilation of some of the most innovative, functional and fun gifts of 2024. There’s something for every budget. Bear with me: The new FinaMill Ultimate Spice Grinder set elevates the pedestrian pepper and spice mill in both function and style. Available in three colors (Sangria Red, Midnight Black and Soft Cream), the rechargeable-battery unit grinds with a light touch rather than hand-tiring twists. That’s easier for everyone and especially helpful for those experiencing hand or wrist issues such as arthritis, carpal tunnel syndrome or tendinitis. And it’s fun to use. The set includes a stackable storage tray and four pods that can be easily swapped as needed: The GT microplane grater for hard spices, nuts and chocolate; the MAX for large spices and dried herbs; the ProPlus for smaller and oily spices; and the Pepper Pod for, well, pepper. $110. Campers and backyard firepit lovers who have experienced the heartbreak of wet wood will appreciate having a three-pack of Pull Start Fire on hand. Made of 89% recycled materials, including sanding dust, wax and flint, the food-safe, eco-friendly, 3-by-2-by-1-inch fire starters will light a fire quickly without matches, lighters or kindling. Just loop the attached green string around a log, incorporate it into a wood stack, and pull the attached red string to ignite. Each windproof, rainproof block burns for 30 minutes. $29.99. The No Mess Utensil Set from Souper Cubes , a company known for its portioned, silicone freezer trays, lives up to its name. The utensils — a serving spoon and a ladle — have innovative, S-shaped handles designed to rest on the edge of a pot, keeping them upright so they won’t slip in. The design also eliminates the need for a spoon rest or, worse, placing dirty utensils on the kitchen counter or stovetop between stirs. A silicone coating in a choice of Aqua, Charcoal, Cranberry or Blueberry keeps handles cool to the touch. $24.99. The FeatherSnap Wi-Fi smart bird feeder could turn anyone into an avid birdwatcher. Equipped with an HD camera, the dual-chamber feeder enables up-close livestreaming of avian visitors, as well as species-logging via the free mobile app. An optional premium subscription ($59.99 annually or $6.99 monthly) includes unlimited photo and video storage, AI identification with species-specific details, and the opportunity to earn badges for logging new visitors. Turn on notifications to get alerts sent to your phone whenever there’s activity at the feeder. $179.99. Fujifilm’s Instax Mini Link 3 smartphone printer offers a touch of nostalgia without sacrificing technology. Just load the 4.9-by-3.5-by-1.3-inch printer with Instax Mini instant film and connect it to your Android or iOS device via Bluetooth to print wallet-size photos. If you want to get fancy, you can adjust brightness, contrast and saturation, or apply filters, including 3D augmented-reality effects, via the free Instax Mini Link app. It can also make collages of up to six images, or animate photos to share on social media. Available in Rose Pink, Clay White and Sage Green. $99.95. The appropriately named easyplant is one of the best gifts you can give your houseplant-loving friends, regardless of their experience level. Select a pot color, size and plant (or get recommendations based on sunlight requirements, pet friendliness and other attributes) and fill the self-watering container’s built-in reservoir roughly once a month. Moisture will permeate the soil from the bottom as needed, eliminating the often-fatal consequences of over- or under-watering. It’s also a literal lifesaver come vacation time. $49-$259. Related Articles Things to Do | US airports with worst weather delays during holiday season Things to Do | The right book can inspire the young readers in your life, from picture books to YA novels Things to Do | Holiday gift ideas for the movie lover, from bios and books to a status tote Things to Do | ‘Gladiator II’ review: Are you not moderately entertained? Things to Do | Beer pairings for your holiday feasts If you’ve got a no-dairy friend on your list, a plant-based milk maker could save them money while allowing them to avoid sugar, stabilizers, thickeners and preservatives. The Nama M1 appliance both blends and strains ingredients, converting nuts, seeds, grains or oats into velvety-smooth milk in just one minute, with zero grit. And for zero waste, the pasty leftover pulp can be used in other recipes for added nutrients. The device also makes infused oils, flavored waters and soups. And, importantly, cleanup is easy. Available in white and black. $400. For friends who prefer stronger beverages, the QelviQ personal sommelier uses “smart” technology to ensure wine is served at its ideal temperature. Unlike traditional wine refrigerators, this device doesn’t take up any floor space. It also doesn’t chill wine to just one or two temperatures based on its color. Instead — paired with the free QelviQ app — the tabletop chiller relies on a database of more than 350,000 wines to bring a bottle to its specific recommended serving temperature in as little as 20 minutes. It also suggests food-wine and wine-food pairings. Plus, the appliance serves as a great icebreaker to inspire dinnertime conversation. Available in Exciting Red, Dashing Black and Dreamy White. $495. Grilling food after dark — and ascertaining its doneness — can prove challenging without outdoor lighting, and it’s nearly impossible to cook while holding a flashlight. But as is often the case, the simplest of solutions can make the biggest of impacts: Uncommon Good’s 2-piece LED Grilling Tool Set puts illumination into the handles of its stainless-steel spatula and tongs. After use, the lights can be removed and the utensils run through the dishwasher. $40.It was an accident. My finger hit the wrong button and, in a flash, all my “sent” messages disappeared from their e-mail folder. I panicked. I looked in Trash. They were all there. I copied and pasted them back into the Sent folder. But, the next day, they were gone. I looked all over my desktop for them. I called Apple Support, then Spectrum, then Apple again. Nobody could retrieve them. I had backed up my desktop on Time Machine about 20 days before, but now, all those messages were encrypted and I would have to read them one at a time to know what I had. And there was still no way to get them back into the Sent folder. The genie got out of the lamp. The bird had flown. I consoled myself that much of that information also resided in other specified folders, but it still bothered me to no end that a foolish mistake had wiped them all out. And then, I remembered one of the tenets of Alcoholics Anonymous: We’re all human, so we all foul up. And Alexander Pope’s famous saying: “To err is human. To forgive, divine.” Grace is a divine gift that we allow ourselves to participate in. Grace allows us to forgive ourselves for being human, for being fallible. For making mistakes. But the incident also left me with a lingering dread, although briefly, of technology. Now, as you can imagine, this couldn’t possibly last longer than 48 hours. Practically everything I do, from writing this column to the music I listen and play along to, to the soundscapes I create, to navigating my car all rely on technology. And, unlike many folks in my age group, I am on intimate terms with it, which gave me even more cause to pause and reflect. It’s one thing to rely on technology for certain things: your car, your phone, a GPS, texting, voice mails. It’s when we rely on technology for everything that we come closer to trouble. In the play “Inherit The Wind,” Jerome Lawrence and Robert E. Lee write this speech for Colonel Drummond: “Progress has never been a bargain. You have to pay for it...You can have a telephone, but you lose privacy and the charm of distance. Madam, you may vote...but you lose the right to retreat behind the powder-puff or your petticoat....you may conquer the air, but the birds will lose their wonder and the clouds will smell of gasoline.” And, as Mark Twain said: “They have taken a thousand luxuries and turned them into necessities.” We didn’t know how much we would rely on our phones to take and make calls, track our appointments, take pictures of our grandchildren, text a relative in Florida, keep track of the weather or learn about the latest scandal until they became our caretakers and, in some sense, our keepers. And towards the end of the election cycle, it seemed to me that technology was getting a little glitchy, like somebody was tampering with the wires. I am hardly anti-technology. I am against technological abuse. And I see examples of that every day, from folks not looking up when they cross the street to misinformation and name calling online to the spin newscasters place upon a story that’s more entertainment than actual news. Walter Cronkite must be spinning in his grave. On a walk during a lovely October afternoon, Joan found a book about “unplugging” from digital technology. I went online and found these suggestions from another author, Seff Bray, who quoted some famous writers , including one of my favorites, Anne Lamott. “Almost everything will work again if you unplug it for a few minutes, including you.” - Anne Lamott “Technology should improve your life, not become your life.”- Billy Cox “Clarity about what matters provides clarity about what does not.”- Cal Newport “The more ways we have to connect, the more many of us seem desperate to unplug.” - Pico Iyer So, it’s not just me. Many people seem to have experienced information/sensory overload and are thinking a cleanse is a good idea. We can’t derive everything from technology, and, in many ways, it robs from us many more things than it bestows upon us. It’s here to stay, so figuring out how to strike a balance between our digital lives and a walk in the sun on a beautiful October afternoon with your loved one should become of paramount importance to each of us. I may have lost some emails, but I gained a new perspective about how important they are or are not to me. You know my feelings about “saving” artifacts from the ravages of time and digitizing them. But, as Joan often reminds me, hard drives aren’t forever either. I plan to gift my granddaughter with some of mine after I pass, but who knows what kind of technology we’ll be looking at in ten or fifteen years? If Elon Musk has his way, humans won’t even be necessary in order to keep the race alive. Ever read “R.U.R. (Rossum’s Universal Robots)” in high school? I did. Let me tell ya...it doesn’t end well for the humans! RECOMMENDED • silive .com The National Council of Negro Women, Staten Island Section, honors beloved founder Dec. 6, 2024, 6:00 p.m. On ‘Giving Tuesday,’ $75K campaign launched for Staten Island autism empowerment food truck Dec. 3, 2024, 5:40 p.m. Hold those magnificent grey heads high! Comments may be submitted to “Talk To The Old Guy” on Facebook.
Labcorp Holdings Inc. stock underperforms Thursday when compared to competitors despite daily gainsTHE WOODLANDS, TX, Nov. 25, 2024 (GLOBE NEWSWIRE) -- Autonomix Medical, Inc. (NASDAQ: AMIX) ("Autonomix” or the "Company”), a medical device company focused on advancing precision nerve-targeted treatments, today announced the closing of its previously announced underwritten public offering of common stock units and pre-funded warrant units for aggregate gross proceeds of approximately $10.0 million, prior to deducting underwriting discounts and commissions and offering expenses, which amount includes the partial exercise of the over-allotment option granted to the underwriter. The equity offering was comprised of 615,500 common stock units (which included 156,809 common stock units issued upon exercise of the underwriter's over-allotment option) and 917,596 pre-funded warrant units, priced at a public offering price of $6.54 per common stock unit and $6.539 per pre-funded warrant unit. Each common stock unit and pre-funded warrant unit consisted of one share of common stock (or, in lieu of common stock, a pre-funded warrant to purchase one share of common stock at an exercise price of $0.001) and one warrant to purchase one share of common stock that expires on the five-year anniversary of the date of issuance (a "Series A Warrant"). The exercise price for the Series A Warrant is $6.54 per share. The warrants issued in this transaction were fixed priced and do not contain any variable pricing features. The securities comprising the units were immediately separable and were issued separately. Ladenburg Thalmann & Co. Inc. acted as the sole bookrunning manager for the offering. The Company intends to use the net proceeds from this offering to fund its clinical trial, for other research and development, for development of intellectual property, and for working capital. The securities described above were offered by the Company pursuant to a registration statement on Form S-1 (No. 333-282940), which was declared effective by the Securities and Exchange Commission (the "SEC”) on November 22, 2024. The offering was made solely by means of a prospectus. A final prospectus relating to and describing the terms of the offering was filed with the SEC on November 25, 2024 and is available on the SEC's website at http://www.sec.gov. Electronic copies of the final prospectus may be obtained from Ladenburg Thalmann & Co. Inc., 640 Fifth Avenue, 4th Floor, New York, New York 10019, or by telephone at (212) 409-2000, or by email at [email protected] . This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction. About Autonomix Medical, Inc. Autonomix is a medical device company focused on advancing innovative technologies to revolutionize how diseases involving the nervous system are diagnosed and treated. The Company's first-in-class platform system technology includes a catheter-based microchip sensing array that may have the ability to detect and differentiate neural signals with approximately 3,000 times greater sensitivity than currently available technologies. We believe this will enable, for the first time ever, transvascular diagnosis and treatment of diseases involving the peripheral nervous system virtually anywhere in the body. We are initially developing this technology for the treatment of pain, with initial trials focused on pancreatic cancer, a condition that causes debilitating pain and is without a reliable solution. Our technology constitutes a platform to address dozens of indications, including cardiology, hypertension and chronic pain management, across a wide disease spectrum. Our technology is investigational and has not yet been cleared for marketing in the United States. Forward Looking Statements Some of the statements in this release are "forward-looking statements,” which involve risks and uncertainties. Forward-looking statements in this press release include, without limitation the use of the anticipated proceeds from the offering. Such forward-looking statements can be identified by the use of words such as "should,” "might,” "may,” "intends,” "anticipates,” "believes,” "estimates,” "projects,” "forecasts,” "expects,” "plans,” and "proposes.” Although Autonomix believes that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. You are urged to carefully review and consider any cautionary statements and other disclosures, including the statements made under the heading "Risk Factors” and elsewhere in the Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission ("SEC”) on May 31, 2024, and from time to time, our other filings with the SEC. Forward-looking statements speak only as of the date of the document in which they are contained and Autonomix does not undertake any duty to update any forward-looking statements except as may be required by law. Investor and Media Contact JTC Team, LLC Jenene Thomas 908-824-0775 [email protected]Enterprise Data Management Growth: USD 93.4B in 2022 to USD 211.39B by 2031 11-27-2024 09:10 PM CET | IT, New Media & Software Press release from: SkyQuest Technology Group Enterprise Data Management Market Scope: Key Insights : Enterprise Data Management Market size was valued at USD 93.40 billion in 2022 and is poised to grow from USD 102.28 billion in 2023 to USD 211.39 billion by 2031, growing at a CAGR of 9.5% in the forecast period (2024-2031). Discover Your Competitive Edge with a Free Sample Report : https://www.skyquestt.com/sample-request/enterprise-data-management-market Access the full 2024 Market report for a comprehensive understanding @ https://www.skyquestt.com/report/enterprise-data-management-market In-Depth Exploration of the global Enterprise Data Management Market: This report offers a thorough exploration of the global Enterprise Data Management market, presenting a wealth of data that has been meticulously researched and analyzed. It identifies and examines the crucial market drivers, including pricing strategies, competitive landscapes, market dynamics, and regional growth trends. By outlining how these factors impact overall market performance, the report provides invaluable insights for stakeholders looking to navigate this complex terrain. Additionally, it features comprehensive profiles of leading market players, detailing essential metrics such as production capabilities, revenue streams, market value, volume, market share, and anticipated growth rates. This report serves as a vital resource for businesses seeking to make informed decisions in a rapidly evolving market. Trends and Insights Leading to Growth Opportunities The best insights for investment decisions stem from understanding major market trends, which simplify the decision-making process for potential investors. The research strives to discover multiple growth opportunities that readers can evaluate and potentially capitalize on, armed with all relevant data. Through a comprehensive assessment of important growth factors, including pricing, production, profit margins, and the value chain, market growth can be more accurately forecast for the upcoming years. Top Firms Evaluated in the Global Enterprise Data Management Market Research Report: IBM (US) SAS Institute (US) Teradata (US) Oracle (US) SAP SE (Germany) Talend (France) Symantec (US) Cloudera (US) Ataccama (Canada) Informatica (US) Mindtree (India) Key Aspects of the Report: Market Summary: The report includes an overview of products/services, emphasizing the global Enterprise Data Management market's overall size. It provides a summary of the segmentation analysis, focusing on product/service types, applications, and regional categories, along with revenue and sales forecasts. Competitive Analysis: This segment presents information on market trends and conditions, analyzing various manufacturers. It includes data regarding average prices, as well as revenue and sales distributions for individual players in the market. Business Profiles: This chapter provides a thorough examination of the financial and strategic data for leading players in the global Enterprise Data Management market, covering product/service descriptions, portfolios, geographic reach, and revenue divisions. Sales Analysis by Region: This section provides data on market performance, detailing revenue, sales, and market share across regions. It also includes projections for sales growth rates and pricing strategies for each regional market, such as: North America: United States, Canada, and Mexico Europe: Germany, France, UK, Russia, and Italy Asia-Pacific: China, Japan, Korea, India, and Southeast Asia South America: Brazil, Argentina, Colombia, etc. Middle East and Africa: Saudi Arabia, UAE, Egypt, Nigeria, and South Africa This in-depth research study has the capability to tackle a range of significant questions that are pivotal for understanding the market dynamics, and it specifically aims to answer the following key inquiries: How big could the global Enterprise Data Management market become by the end of the forecast period? Let's explore the exciting possibilities! Will the current market leader in the global Enterprise Data Management segment continue to hold its ground, or is change on the horizon? Which regions are poised to experience the most explosive growth in the Enterprise Data Management market? Discover where the future opportunities lie! Is there a particular player that stands out as the dominant force in the global Enterprise Data Management market? Let's find out who's leading the charge! What are the key factors driving growth and the challenges holding back the global Enterprise Data Management market? Join us as we uncover the forces at play! To establish the important thing traits, Ask Our Experts @ https://www.skyquestt.com/speak-with-analyst/enterprise-data-management-market Table of Contents Chapter 1 Industry Overview 1.1 Definition 1.2 Assumptions 1.3 Research Scope 1.4 Market Analysis by Regions 1.5 Market Size Analysis from 2023 to 2030 11.6 COVID-19 Outbreak: Medical Computer Cart Industry Impact Chapter 2 Competition by Types, Applications, and Top Regions and Countries 2.1 Market (Volume and Value) by Type 2.3 Market (Volume and Value) by Regions Chapter 3 Production Market Analysis 3.1 Worldwide Production Market Analysis 3.2 Regional Production Market Analysis Chapter 4 Medical Computer Cart Sales, Consumption, Export, Import by Regions (2023-2023) Chapter 5 North America Market Analysis Chapter 6 East Asia Market Analysis Chapter 7 Europe Market Analysis Chapter 8 South Asia Market Analysis Chapter 9 Southeast Asia Market Analysis Chapter 10 Middle East Market Analysis Chapter 11 Africa Market Analysis Chapter 12 Oceania Market Analysis Chapter 13 Latin America Market Analysis Chapter 14 Company Profiles and Key Figures in Medical Computer Cart Business Chapter 15 Market Forecast (2023-2030) Chapter 16 Conclusions Address: 1 Apache Way, Westford, Massachusetts 01886 Phone: USA (+1) 351-333-4748 Email: sales@skyquestt.com About Us: SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally. This release was published on openPR.
Macquarie Increases Trade Desk (NASDAQ:TTD) Price Target to $150.00Cibus director sells $5,255 in company stock
Mutual of America Capital Management LLC grew its position in shares of Sun Communities, Inc. ( NYSE:SUI – Free Report ) by 58.2% in the third quarter, Holdings Channel reports. The firm owned 17,679 shares of the real estate investment trust’s stock after purchasing an additional 6,506 shares during the period. Mutual of America Capital Management LLC’s holdings in Sun Communities were worth $2,389,000 at the end of the most recent reporting period. Several other institutional investors have also recently made changes to their positions in SUI. Price T Rowe Associates Inc. MD grew its position in Sun Communities by 50.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 3,302,804 shares of the real estate investment trust’s stock worth $424,677,000 after buying an additional 1,105,306 shares in the last quarter. Bayesian Capital Management LP bought a new position in shares of Sun Communities in the first quarter worth approximately $2,221,000. Kennedy Capital Management LLC increased its position in shares of Sun Communities by 0.8% in the first quarter. Kennedy Capital Management LLC now owns 109,792 shares of the real estate investment trust’s stock worth $14,117,000 after purchasing an additional 900 shares during the last quarter. Dynasty Wealth Management LLC purchased a new stake in Sun Communities in the first quarter valued at approximately $282,000. Finally, B. Riley Wealth Advisors Inc. lifted its position in Sun Communities by 15.4% during the first quarter. B. Riley Wealth Advisors Inc. now owns 1,752 shares of the real estate investment trust’s stock valued at $209,000 after purchasing an additional 234 shares during the last quarter. Institutional investors own 99.59% of the company’s stock. Sun Communities Price Performance SUI stock opened at $127.46 on Friday. The stock has a market capitalization of $16.24 billion, a price-to-earnings ratio of 68.53, a PEG ratio of 0.54 and a beta of 0.91. The firm’s 50-day moving average price is $132.51 and its two-hundred day moving average price is $127.49. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.93. Sun Communities, Inc. has a 12-month low of $110.98 and a 12-month high of $147.83. Sun Communities Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $0.94 per share. This represents a $3.76 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend was Monday, September 30th. Sun Communities’s payout ratio is currently 202.15%. Analyst Upgrades and Downgrades A number of equities analysts have recently commented on SUI shares. Jefferies Financial Group initiated coverage on shares of Sun Communities in a report on Thursday, October 17th. They issued a “buy” rating and a $160.00 price target on the stock. Wells Fargo & Company raised their price target on Sun Communities from $123.00 to $154.00 and gave the company an “equal weight” rating in a research report on Thursday, September 19th. Evercore ISI upped their price objective on Sun Communities from $149.00 to $150.00 and gave the stock an “in-line” rating in a report on Monday, October 21st. StockNews.com cut Sun Communities from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Robert W. Baird lowered Sun Communities from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $145.00 to $126.00 in a research note on Thursday, November 7th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $139.08. View Our Latest Analysis on Sun Communities Sun Communities Profile ( Free Report ) Established in 1975, Sun Communities, Inc became a publicly owned corporation in December 1993. The Company is a fully integrated REIT listed on the New York Stock Exchange under the symbol: SUI. As of December 31, 2023, the Company owned, operated, or had an interest in a portfolio of 667 developed MH, RV and Marina properties comprising 179,310 developed sites and approximately 48,030 wet slips and dry storage spaces in the U.S., the UK and Canada. See Also Want to see what other hedge funds are holding SUI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sun Communities, Inc. ( NYSE:SUI – Free Report ). Receive News & Ratings for Sun Communities Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sun Communities and related companies with MarketBeat.com's FREE daily email newsletter .‘The Great Fractionalization’ might be coming to your C-suite
2 No-Brainer High-Yield Dividend Growth Stocks to Buy With $500 Right NowOn Saturday night, the Golden State Warriors lost to the San Antonio Spurs, 104-94. The Warriors led by double digits for most of the third quarter, but a 40-13 run by San Antonio closed out the game and handed the Warriors their fourth loss of the season. Superstar Stephen Curry was outplayed by rookie Stephon Castle on both ends of the court and the Warriors simply couldn't hang with San Antonio's defense, but in the grand scheme of things, one loss does not make for a ruined season. At 12-4 with a win over the Oklahoma City Thunder, the Warriors are still in first place in the Western Conference. Javascript is required for you to be able to read premium content. Thanks for the feedback.
Daily Post Nigeria Muhammad Nami: VAT attribution and derivation: A personal appeal to all parties Home News Politics Metro Entertainment Sport Opinion Muhammad Nami: VAT attribution and derivation: A personal appeal to all parties Published on November 25, 2024 By Daily Post Staff I have read a ton of views on the proposed Nigeria Tax Administration and other tax reform bills. On one hand, some stakeholders decry the bills as being a contrast to the current administration’s championing for local government autonomy. Some, like the National Economic Council (NEC), last month recommended the withdrawal of the bills, stating that there were too many controversies surrounding it. They called for more inclusion in the stakeholder consultation process. The Northern Governors Forum (NGF) in similar fashion rejected the new derivation-based model for Value Added Tax (VAT) distribution in the bills. On the other hand, some wholly support the bills and believe that their benefits are transformational and necessary. Each stakeholder and commentator holds their view in light of information that is available to them. And that is valid and fair. But before I go into the lengthy details of my thoughts on this matter, let me share the definition of the two subjects that are crucial to this conversation: attribution and derivation. The principle of derivation in revenue sharing ensures that revenues from taxes are distributed to the region or jurisdiction where they were generated. For example, if a company generates revenue through sales in a particular state, a portion of the taxes or royalties from that economic activity is returned to the state. The principle of attribution, on the other hand, involves allocating tax revenues based on predefined criteria, such as population size, geographical size, need, national interest, expenditure responsibilities, etc., rather than the location of a tax-generating entity. Thus, revenues are collected nationally and are distributed to states according to agreed-upon formulas. MY VIEW “The present controversy is based on the VAT sharing formula proposed in Section 77 of the Nigeria Tax Administration Bill. I have come to appreciate that the myriad of criticisms against this well-intended bill may be a result of the lack of clarity or understanding of Section 22 (12) of the Bill, which provides for Attribution of VAT Revenue, requiring companies to file their returns on the basis of derivation by location (place of consumption). “This provision, from my understanding, was included to cure an existing problem with our current VAT administration. As it stands today, in the existing system, VAT returns by companies are not filed on the basis of the place of consumption but reported based on the head office locations of these companies. This means that a whopping 20% of VAT returns are distributed back to states where these head offices are located—whether consumption took place there or not; it explains why Lagos, FCT and Rivers always take the largest chunk of VAT under the current regime. “The proposed amendments of the Nigeria Tax Administration Bill offer a different position that emphasises fairness and more equitable distribution of VAT returns. It proposes that VAT will now be reported based on the place of consumption, which will ensure that most of the amounts currently reported for Lagos, FCT and Rivers states will now be reported by where the consumption takes place. “The new rule will ensure that places where consumption took place get 60% of the amounts reported for them. For instance, if consumption happens in Niger State, the state would receive 60% of the VAT generated from its jurisdiction, while the balance would be put in a VAT sharing pool, which it (Niger State) would further benefit from. “In my view, this will result in a more favourable outcome for most states when compared to the current regime that favours Lagos, Rivers and FCT. It will more or less redistribute most of the present allocation received by those 3 states. My appeal to NEC, NGF and NEF as well as other stakeholders, is thus: A. We must not make the misjudgment of throwing away the baby with the bathing water. B. Let us carefully look at the benefits of these reforms and weigh the impact on our tax and fiscal space versus the proposed amendments’ ‘perceived shortfalls’. C. There is no single problem on earth that is without a solution. In this light, we should think out of the box and suggest workable solutions to address or fix these perceived shortfalls, or we will be condemned to having our cap in hand at the doorsteps of the World Bank and IMF Headquarters more frequently than ever. D. On a personal note and based on my little experience as a tax accountant, consultant and administrator, I would suggest to all stakeholders, particularly the National Assembly, to go ahead and consider the bill, pass it to law, and have Mr. President sign same, but provided the proposed amendments to the VAT law will be implemented in phases bearing in mind the following: 1. FIRS is currently undergoing its own reforms; the FIRS Establishment Act has been re-presented to the NASS and is receiving their attention simultaneously. For FIRS to be able to function as envisaged by the proposed changes or amendments to the FIRS Act, then it must first fix the roof over its head to ensure that if any storm arises tomorrow, revenue administration officials and our money entrusted in their hands would be safe. 2. FIRS must also fix the issue of fiscalisation within the next three to five years from now. The need for fiscalisation is one of the key amendments proposed in the Nigeria Tax Administration Bill before the NASS. Fiscalisation is the process of using technology, like cash registers or POS systems, to ensure businesses comply with tax laws by automatically recording and reporting their sales to tax authorities. It is an expensive project and will not only require political will at the centre but also at the sub-national level. To achieve it, the FG, FIRS and FAAC must be ready to jointly fund this project. It is important because it will bring about transparency and accountability as well as address the issue of subjectivity, which is mainly the fear of the members of NEC, particularly the NGF. I must emphasize that Fiscalisation cannot happen without data. This brings me to my third point. 3. The FIRS HQ project should be completed and equipped as a world-class edifice while ensuring that the entire floor historically conceived as the “National Revenue Data Centre” becomes a reality. 4. Item 2 above (i.e., fiscalisation) will not only address the issue of transparency and accountability; it will also curtail the influence and excesses of vested interests, particularly the tax accountants who are accomplices in the whole of this VAT issue. If the amendment is passed into law and its implementation is not delayed, say by 3 to 5 years, the fear of the stakeholders would be justified because tax accountants are likely to be subjective (or used to being subjective) in the course of filing VAT returns (i.e., VAT attribution) in favour of the states of their choice or those of the choices of some of the political class. As a tax accountant of your company, you know where your customers are located if not all, especially the major ones. But when asked to file their companies’ monthly VAT returns based on the location of their customers, for instance, sentiments come into play. And even with the proposal in Section 77 of the Tax Administration Bill, the subjectivity is likely to continue. Though it was an administrative initiative at FIRS in 2020, I recall that we redesigned the VAT Form 002 that required companies to file their VAT returns based on attribution. Only a few companies (less than 10) complied with our directives nationwide (i.e., file VAT returns based on the location of their customers.) Fiscalisation will help our revenue administrators in many ways including boosting their capacity to generate more revenue for the Federation. It has the capacity to address or track transactions or sales of goods from a customer in one state to the other, particularly cashless transactions. It will also create room for the implementation of a system for immediate tax refunds. 5. Phasing the implementation of the two key controversial but necessary amendments to the VAT law would also assist the states to go back home, sit and weigh the level of financial inclusion in their respective states and address them accordingly. Recent reports on financial inclusion reveal that while you may have an estimated population of 10 million people in a given state for example, less than 2 million of that population would be financially inclusive. In some states, more than 70% of the population do not have a BVN not to talk of a bank account. So as a state governor, your argument that huge consumption is taking place in your state but the current ‘headquarters effect’ is affecting your share of monthly VAT revenue can only be addressed when your resident population are financially inclusive. It goes without saying that your problem would be compounded in the near future if buying and selling of goods continues to happen in your state using cash. Buying and selling of goods and services in this fashion will also affect your ability to improve on your state’s IGR. 6. The process of input-output mechanism in VAT input claim is another key issue that has been of keen interest to me, and equally needs to be emphasised here. The intended amendments and fiscalisation of Nigeria’s business environment will also help in addressing sharp practices or the abilities of businesses to manipulate the input claim in the course of filing their monthly VAT returns. This is because under the current regime, if an item is purchased in Lagos and taken to Kano for example, the Kano company will not be able to claim the input VAT if the Lagos company fails to correctly disclose the location of its output VAT. With fiscalisation the input claim of the Kano company will simply expose the Lagos company. In my view, the following four (4) factors will drive compliance with the proposed tax reform bills, and this will mean more revenue to share to the states: 1. Attribution is now clearly provided in the law. It is no longer an administrative decision or at the discretion of the FIRS or tax accountants working for or representing VAT agents nationwide. 2. There is now a strong political will to drive tax reforms, this means that tax laws will not only be passed but will be well enforced going forward in Nigeria. 3. Technology deployment for VAT invoicing and fiscalisation is clearly provided in the new bills, with the attendant administrative processes that are ongoing to implement same. It will no longer be at the discretion of companies to determine who bought what—technology will. 4. The processes and challenges in Input-Output mechanism in VAT input claims will now be addressed using technology. Finally, the many benefits of these bills are excellent. It behoves us to give the NASS our support to pass them into law. But I hold that we should do so on the following conditions: A. That the implementation of the Tax Administration Bill should be phased. B. That the implementation (i.e., the effective date) of the proposed amendments to Section 77 of the Tax Administration Bill should be delayed for at least three to five years to enable all parties to plan and invest in technology and the relevant infrastructure. C. FIRS should administratively prepare the minds of all stakeholders, particularly the VAT agents, lawyers and tax accountants, on the need to honestly file VAT returns based on attribution as a first step, because Section 26 of the FIRS Establishment Act (as it is today) is adequate enough for them to call for VAT returns based on attribution from all VAT agents in Nigeria. D. The current sharing formula should be used in distributing revenue accruable from VAT to all parties, and all parties within the next three to five years (that the amendment is expected to take effect) would have played their part so that there would be equity, transparency and accountability as intended by the proposed amendments to the VAT law. Muhammad Nami, a tax accountant and consultant, is the immediate past Executive Chairman of the Federal Inland Revenue Service (FIRS) and Joint Tax Board. He was also the President of the Commonwealth Association of Tax Administrators (CATA). Related Topics: Muhammad Nami Phyna VAT Don't Miss Aviation safety: Are airlines regulating the regulators? You may like Phyna disowns family, drops surname Arabinrin Aderonke: Tax Reform Bill: VAT as a consumption tax DNA test should be made compulsory after birth – Phyna Why VAT proposal is generating controversy – Oyedele, Tax Committee Chair Hardship: Nigerian govt removes VAT on cooking gas, CNG, diesel VeryDarkMan invites Phyna to a date amidst legal battle with Falanas Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media LtdQuest Partners LLC Has $517,000 Stock Holdings in Dine Brands Global, Inc. (NYSE:DIN)
A.P. Møller – Mærsk A/S (OTCMKTS:AMKBY) Given Average Rating of “Reduce” by BrokeragesAVITA Medical to Present at the Piper Sandler 36th Annual Healthcare Conference
President-elect Donald Trump’s pledge to raise tariffs and the possibility of a second U.S. port strike in January have companies wondering what their inventory strategies should be. Eden Prairie-based C.H. Robinson, one of the world’s largest logistics companies, has fielded numerous questions from clients on what they should do. “Keep in mind even if some companies want to front-load, it might not be feasible if their suppliers can’t ramp up production,” said Mike Short, president of Robinson’s Global Forwarding business. “For those who can and want to front-load, the reasons are split among the pending second U.S. port strike in mid-January, the Lunar New Year starting on Jan. 29 and potential tariff changes.” Managing a supply chain is a complicated business. The ifs of the current situation outnumber the definite factors and the timing of those factors, experts say. Without specifics on what countries would be affected, how steep the tariffs might be and when they’d be applied, it’s hard to make decisions. A complex global supply chain can’t be turned on and off like a kitchen faucet. Ordering supplies from overseas that move by ship might take months from the time an order is made until final delivery. There also are increased costs associated with stockpiling inventory, and that could offset some of the benefits, as evidenced in Target’s most recent quarter. Target increased inventory in anticipation of an October port strike because it didn’t want to be shorthanded during the holidays. The strike ended up to be short and not very disruptive. Target CEO Brian Cornell said on the earnings conference call about a quarter when profits dipped 12% that front-loading inventory incurred additional costs. “We’re never quite as efficient when our buildings are full,” he said. But the post-pandemic years when companies had a hard time finding the parts they needed or the items for store shelves left it’s mark. Many companies re-examined supply chains after tariff increases during Trump’s first term in the White House and disruptions during the pandemic. Now some companies are examining if they can take measures against more predictable events that are looming in the near future. “Supply chains work best when they’re predictable and they’re systematic and they’re formulaic,” said Holden Lewis, chief financial officer of Winona-based Fastenal. “The biggest input should be the forecasting of demand.” Many companies have adopted the reshoring, near-shoring or friend-shoring trend — finding trading partners in countries allied with the U.S. — in recent years, but the changes can take years to implement. “We have been emphasizing the importance of diversification for years, and the potential for new trade policy changes only heightens the significance of that message,” Short said in an email. “Shippers must pay attention not only to changes in the U.S. but also across the globe. Our customs and trade policy team works alongside our customers to ensure they’re aware and prepared for changes to remain compliant, no matter where they’re shipping.” There is a difference between the pandemic-fueled supply chain disruptions and economic shocks to global supply chains, though. Supply chain experts have a playbook for the economic events, but they can still be disruptive. Scott Martens, professor of operations and supply chain management at the University of St. Thomas, said companies have been running lean inventory systems for almost 30 years. That has helped global economics. The communication and transparency needed to maintain that sort of system has helped mitigate the bullwhip effect that caused big economic swings that were once more common. Better and more accurate information has helped supply chain managers manage the normal changes to demand, too. But extraordinary events can still put a kink in the chain, like stocking up in response to potential tariffs “When you’re running really lean, which is very good from a cost and efficiency standpoint, any disruption in the supply chain puts a big kink in that snake,” Martens said. Fastenal, like others, learned a lot from global supply chain challenges over the past six years after having managed through 2018 tariffs and the pandemic. That sort broad diversification takes time and careful planning. “One of the things that we’ve all learned, not just Fastenal, ... diversification is a wonderful thing,” said Lewis said. “One of the things we learned through the first part of tariffs and the pandemic is maybe you shouldn’t concentrate too much of your supply chain in a narrow range of locations.”Top gas plays have weathered the challenges and embraced opportunities in 2024 Gas will continue to play a major role in the global energy mix Australia still needs new sources of gas to avert forecast supply shortages One of the key themes in any discussion about energy has been about the continued role gas plays even as the world continues its march towards net zero emissions. In Australia, this is marked by the growing realisation that years of under investment in exploration means there are no ready replacements for ageing gas fields. This has led the Australian Energy Market Operator to warn in its 2024 Gas Statement of Opportunities that eastern Australia could experience shortfalls on extreme peak demand days from 2025, small seasonal supply gaps from 2026, and the controlled reduction of electricity supplied to homes and business during periods of peak demand from 2028. Energy consultancy EnergyQuest is far more pessimistic, saying that its calculations have indicated that there was only enough gas to meet 70% of NSW and ACT needs in the winters of 2026, 2027 and 2028 while Victoria would likely need to source 32% of its gas from LNG from the winter of 2028. Things aren’t much better globally, with the World Bank projecting the tightness of gas supplies in 2024 will persist in 2025 and 2026 with demand growth outstripping corresponding growth in supply. Natural gas storage in the European Union is already under pressure from high withdrawal rates and supply tightness is likely to get worse if forecasts that the region will experience its coldest winter since 2020 prove accurate. Gas company struggles are real While this might seem like the perfect environment for ASX gas plays to benefit from, the reality is that the demonisation of all fossil fuels has made investment almost taboo. One recent example is Commonwealth Bank, which announced in August 2024 that it would no longer offer money to fossil fuel companies that are not aligned with the Paris Agreement. Government action has also served to disincentivise investment with the $12 per gigajoule gas cap introduced in December 2022 acting to slow investment and introduce uncertainty about further market intervention . Environmental policies also appear to have disproportionately targeted gas , making it difficult to secure approvals for larger projects. It is not all negative though. The Federal government has recognised that gas is important and introduced a Future Gas Strategy that acknowledges this. Increasing pressure when power outages occur and the opposition, which backs faster approvals and development schedules, could also force the Albanese government to improve these areas if it stays in power following the 2025 election. With this in mind, here are some of the top performing gas plays in 2024 that have the potential to make further gains in 2025. CODE COMPANY PRICE MONTH % YEAR % MARKET CAP ROG Red Sky Energy. 0.01 37.5 120.0 $ 59,644,499 AXP AXP Energy Ltd 0.002 33.3 100.0 $ 5,824,681 CUE CUE Energy Resource 0.09 -6 86.5 $ 65,675,634 HYT Hyterra Ltd 0.04 -22.2 78.6 $ 61,786,438 TDO 3D Energi Ltd 0.1 6.74 63.8 $ 31,489,988 AEL Amplitude Energy 0.19 11.8 46.2 $ 501,607,264 ORG Origin Energy 10.4 0.14 22.8 $ 17,968,000,000 HZN Horizon Oil Limited 0.19 4.17 21.0 $ 300,680,864 LIO Lion Energy Limited 0.02 -21.7 9.1 $ 7,686,851 CND Condor Energy Ltd 0.02 -32.1 5.6 $ 11,726,674 Red Sky Energy (ASX:ROG) Red Sky holds a 20% interest in the Santos-operated Innamincka Dome project in South Australia and started receiving revenue in August 2023 from the sale of natural gas (76%) and liquids after the Yarrow field was tied into the grid. The company received $2.86m in cash receipts from then till the end of September 2024. About 76% of this comes from natural gas sales while the remainder is derived from ethane, LPG and condensate. The company recently completed the re-entry of the Yarrow-1 well and noted in mid-November that it is mobilising a workover rig to fracture stimulate it. The well is expected to boost output and revenue once it becomes fully operational in Q2 2025. AXP Energy (ASX:AXP) AXP is focused on establishing its Pathfinder gas field in Colorado as a reliable, off-grid gas-fired power generation operation. The company recently connected two modular data centres used for Bitcoin mining to the gas-to-power infrastructure at its Pathfinder #2 well site. Once this is completed, it will commence the setup of two more sites at the JW Powell and Kelce Court well sites. Cue Energy Resources (ASX:CUE) Cue Energy holds a diverse portfolio of oil and gas assets in Australia, Indonesia and New Zealand that generated $49.7m in revenue during FY2024 and delivered net profit after tax of $14.2m. In early December 2024, operator Central Petroleum started infill drilling at the Mereenie field in the Northern Territory to increase its near-term gas production back towards field capacity above 6 terajoules per day. Up to an additional 6TJ/d of gas from the two wells can be sold by the JV on a firm basis under the recently executed NT government gas sales agreement. Cue has a 7.5% interest in Mereenie. It also has a 15% stake in the Sampang PSC offshore Java, Indonesia, where the JV is moving towards a final investment decision on the Paus Biru project that could produce 20-25 million cubic feet of gas per day. Pic: CUE 3D Energi (ASX:TDO) 3D Energi holds a number of exploration licences across Australia, however its focus is on the Otway permits that were farmed out to supermajor ConocoPhillips. Conoco is carrying TDO for the drilling of two wells in 2025 under Phase 1 to a total of $65m. While the exact locations of the wells will be determined after 3D seismic is acquired and interpreted, the T/49P and VIC/P79 permits have the potential to host multiple trillion cubic feet of gas. Successful drilling could deliver much needed gas into the east coast market. Amplitude Energy (ASX:AEL) Formerly known as Cooper Energy, Amplitude is a significant producer of gas in Australia’s southeastern states. During FY2024, the company produced 62.1 terajoules of gas equivalent per day which returned underlying EBITDAX of $127.5m. Looking ahead, it expects production to increase to between 65 and 72TJe/d in FY2025 due to continued improvements at its Orbost plant in Victoria that will be accompanied by growing exposure to high spot and current market prices. The company has plans to start drilling in H2 2025 to test gross unrisked resources of >350 billion cubic feet in established basins. This is aimed at delivering first gas in 2028. HyTerra Limited (ASX:HYT) Natural hydrogen focused HyTerra recently expanded its Nemaha project landholding in Kansas by >15% to more than 60,000 acres, giving it plenty of room to expand should its upcoming drill program be successful. To top it off, Andrew Forrest’s Fortescue (ASX:FMG) made a $21.9m investment to earn a 39.66% stake in the company, a clear sign that big players are interested in the potential to find naturally occurring hydrogen with which to decarbonise existing uses of the gas. The investment also allowed the HYT to expand its original two well exploration program into a six well campaign to test a number of geological plays across its acreage. Historical exploration wells have already confirmed the presence of natural hydrogen and helium, with some returning up to 92% hydrogen and 3% helium. The Nemaha project. Pic: HyTerra Origin Energy (ASX:ORG) The only major energy company on our list of top performers in 2024, Origin has benefitted from continued strength of its LNG export business and domestic gas sales. During the September 2024 quarter, Australia Pacific LNG returned a 1% increase in revenue to $2.6bn due to higher sales volumes while domestic gas volumes were steady compared to the September 2023 quarter as higher retail sales and gas to generation were offset by a decrease in business volumes. For FY2025, it expects its LNG business to perform similarly to FY2024, when it produced 694 petajoules of gas while domestic gas profit is expected to moderate due to lower market prices. Horizon Oil (ASX:HZN) Like CUE, Horizon holds a 25% interest in the Mereenie gas field where Central is drilling two infill wells to increase near-term gas production. Mereenie currently accounts for 30-40% of the Northern Territory’s domestic gas supply, a number that will rise under the new gas sales agreement with its government. It also holds the producing Maari and Block 22/12 oil fields in New Zealand and China respectively. Lion Energy (ASX:LIO) While Lion has long enjoyed production from its small 2.5% (soon to be 2.25%) interest in Seram (Non-Bula) production sharing contract offshore Seram Island, Indonesia, and progressed oil exploration at its East Seram PSC, it is now progressing its green hydrogen ambitions. In Q3 2024, it signed a joint development agreement with Mitsubishi Corporation subsidiary DGA Energy Solutions Australia and Samsung C&T Corporation for the joint development of the Port of Brisbane green hydrogen project. DGA and Samsung will pay a total of $3.7m for historical and ongoing pre-construction costs in return for each taking up a 25% stake in the project. They will also procure $6.3m in debt financing, which will satisfy the capital requirement to complete the project. The Port of Brisbane project is designed to produce an initial 420kg/day of green hydrogen for public bus fleets and also to supply fuel cells providing onsite off-grid power to the Queensland construction and mining sectors. It is close to most of Brisbane’s 70+ bus depots as well as significant heavy vehicle traffic to and from the Port. Condor Energy (ASX:CND) Stepping a little further afield, Condor holds the Piedra Redonda gas field that covers almost all of the Tumbes Basin offshore Peru. The underexplored 4858km2 block is surrounded by multiple historical and currently producing oil and gas fields while Piedra Redonda itself has best estimate contingent resources of 404 billion cubic feet of gas. Its prospectivity has been enhanced by interpretation of newly reprocessed 3D seismic data which suggests the field is stratigraphic trap. This could improve reservoir connectivity and potential for future development. Adding further interest, a new petrophysical evaluation of the C-18X discovery well has indicated that a significant 500m gas column could be present from the crest of the structure down to the observed base. An updated resource estimate is currently being progressed. At Stockhead we tell it like it is. While HyTerra is a Stockhead advertiser, it did not sponsor this article. Originally published as 2024’s top gas performers have their eyes on the future Stockhead Don't miss out on the headlines from Stockhead. Followed categories will be added to My News. More related stories Stockhead Bell Potter’s 2025 mining stocks to watch Gold benefits from rate cuts, while copper shows long-term promise, with Bell Potter backing both for 2025. Read more Stockhead More small cap gems set to shine in 2025 After a stellar 2024 for recovering small to mid caps sector, our experts scour the sector for more overlooked nuggets. Read moreMuhammad Nami: VAT attribution and derivation: A personal appeal to all parties