Granite Announces $88 Million Highway Safety Enhancement Project Near Lake Elsinore, California
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $88 million contract by the California Department of Transportation (Caltrans) to improve a section of Ortega Highway State Route 74 (SR 74). Project funding will come from state and federal sources and the project will be included in Granite's first-quarter CAP. The project scope includes widening the shoulders and roadway, allowing for the installation of centerline and edge line rumble strips. These en.
- 01/23/2025
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HIGHWAY HOLDINGS REPORTS FISCAL YEAR 2025 THIRD QUARTER AND NINE MONTH RESULTS
- 21% YoY Increase in Revenue for the Fiscal Year 2025 Nine Months HONG KONG , Jan. 21, 2025 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) (the "Company" or "Highway Holdings") today reported financial results for its fiscal third quarter 2025 and fiscal nine months ended December 31, 2024, with a 21% increase in revenue and a $0.05 increase in diluted earnings per share for the nine months results of fiscal year 2025, compared to the year ago period. Net revenue for the third quarter of fiscal year 2025 decreased 13.5% to $1.9 million compared with $2.2 million in the year ago period.
- 01/21/2025
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Sterling Announces Amendment to Road and Highway Builders, LLC Operating Agreement
- THE WOODLANDS, Texas , Jan. 7, 2025 /PRNewswire/ -- Sterling Infrastructure, Inc. (NasdaqGS: STRL) ("Sterling" or "the Company") today announced that it executed an amendment to its Road and Highway Builders, LLC ("RHB") Operating agreement on December 31, 2024. This amendment changes the way that RHB results are reported under Generally Accepted Accounting Principles ("GAAP"), but does not change RHB's historical or future contribution to Sterling's consolidated net income.
- 01/07/2025
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Hilco Commercial Industrial and Ritchie Bros. Selected to Oversee Sale of Highway Equipment Company Assets
- Asset sale offers unique opportunity to acquire extensive highway, construction, and material handling equipment across multiple states NORTHBROOK, Ill. , Dec. 5, 2024 /PRNewswire/ -- Hilco Commercial Industrial (HCI) and Ritchie Bros.
- 12/05/2024
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Heroes Wanted: Goodyear Announces Call for 41st Annual Highway Hero Award Nominations
- Goodyear's Highway Hero Award will celebrate commercial truck drivers' extraordinary acts of courage AKRON, Ohio , Nov. 14, 2024 /PRNewswire/ -- Today, The Goodyear Tire & Rubber Company (NASDAQ: GT) announced it is now accepting nominations for its annual Highway Hero Award. Since 1983, Goodyear has been recognizing commercial truck drivers who go above and beyond their regular duties to keep our highways safe.
- 11/14/2024
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Highway Holdings Declares $0.05 Cash Dividend per Share; Company Sets Dividend Record and Distribution Dates
- HONG KONG , Nov. 11, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today announced the Company's Board of Directors declared a cash dividend of $0.05 per common share. The dividend will be paid on December 24, 2024 to shareholders of record on December 12, 2024.
- 11/11/2024
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HIGHWAY HOLDINGS REPORTS SECOND QUARTER FISCAL YEAR 2025 RESULTS
- 60.1% Year Over Year Increase in Second Quarter Revenue 117.8% Year Over Year Increase in Second Quarter Gross Profit Cash and Cash Equivalents of $1.28 Per Diluted Share HONG KONG , Oct. 10, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today reported results for the second quarter of fiscal year 2025 and the six months ended September 30, 2024, with second quarter of fiscal year 2025 revenue growth of 60.1% and gross profit growth of 117.8% on a year over year basis. Roland Kohl, chairman, president and chief executive officer of Highway Holdings, noted, "While the positive results reflect an improving environment at our customers, we still have a lot of ground to make up to return to our normalized pre-COVID business level.
- 10/10/2024
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Ronn Delivers Exciting New Developments to Shareholders as It Collaborates With Tobique First Nations on a Vision for a Virtual Hydrogen Highway
- SCOTTSDALE, AZ / ACCESSWIRE / October 8, 2024 / RONN Inc. (OTC PINK:RONN) is thrilled to announce, since its S-1 submission, an expanded new requested meeting with the visionary leaders of Tobique First Nations, including the Tribal Chief, Tribal EDC executives, and key governmental representatives. This pivotal gathering focused on the ambitious plan to establish up to 10 hydrogen hubs across Canada, utilizing First Nations land to create an innovative virtual hydrogen highway.
- 10/08/2024
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Banijay Rights Acquires Segment Rights to Great Pacific Media's Highway Thru Hell
- VANCOUVER, British Columbia--(BUSINESS WIRE)--Great Pacific Media (“GPM”), a Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX:THBRF) (“Thunderbird” or the “Company”) company, is pleased to announce that Banijay Rights, the global distribution arm of content powerhouse Banijay Entertainment, has acquired segment rights to GPM's long-running hit docuseries Highway Thru Hell. Banijay Rights, the longtime distributor of Highway Thru Hell internationally, now holds the rights to license, dist.
- 10/07/2024
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Highway Holdings Declares $0.02 Cash Dividend per Share; Company Sets Dividend Record and Distribution Dates
- HONG KONG , Sept. 24, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today announced the Company's Board of Directors declared a cash dividend of $0.02 per common share.
- 09/24/2024
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Highway Holdings Receives Initial Customer Order for New Brushless Electric Motor
- HONG KONG , Sept. 4, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, the "Company" or "Highway Holdings") today announced the Company received an initial order of 100,000 units for a new model of brushless electric motor from one of its largest strategic customers.
- 09/04/2024
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Granite Continues Commitment to Highway Safety with $45 Million Project on I-40
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $45 million contract to reconstruct and modernize the John Wilkie Safety Roadside Rest Area along the Interstate 40 (I-40) corridor by the California Department of Transportation (Caltrans). Project funding will come from Caltrans and was included in Granite's second-quarter CAP. This project marks the fifth in a series of initiatives to improve safety and infrastructure along I-40. The project scope incl.
- 08/27/2024
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Granite Awarded Sixth Highway 101 Mainline Segment to Alleviate Traffic Congestion in Santa Barbara, California
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) has been awarded an approximately $38 million contract (Segment 4E South) by the California Department of Transportation (Caltrans) to add peak-hour High Occupancy Vehicle (HOV) lanes and reconstruct all elements of the existing Highway 101 through southern Santa Barbara. Project funding is to come from Caltrans and local sources and was included in Granite's second-quarter CAP. This is the sixth Highway 101 mainline segment awarded to Gr.
- 08/22/2024
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Dragonfly Energy Powers Highway Transport's Fleet with Battle Born All-Electric APUs
- RENO, Nev., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp . (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries®, is partnering with Highway Transport, a North American leader in chemical transportation, to begin integrating the Battle Born All-Electric auxiliary power unit (“APU”) into their fleet. This marks a notable move towards improved sustainability for Highway Transport, which plans to transition their fleet of over 500 trucks to a more cost-effective and environmentally friendly solution. Highway Transport is expected to install the Battle Born All-Electric APU on new tractors in addition to retrofitting current models in their fleet.
- 08/12/2024
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HIGHWAY HOLDINGS REPORTS FIRST QUARTER FISCAL 2025 RESULTS; REVENUE INCREASES 39% YoY
- HONG KONG , Aug. 1, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today reported financial results for the first quarter of fiscal year 2025 ended June 30, 2024. Net sales for the first quarter of fiscal year 2025 ended June 30, 2024 increased 39.3% to $1.88 million compared with $1.35 million in the first quarter of fiscal year 2024.
- 08/01/2024
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HIGHWAY HOLDINGS REPORTS FISCAL FOURTH QUARTER AND FULL YEAR 2024 RESULTS
- HONG KONG , July 19, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today reported results for the fiscal fourth quarter and fiscal year ended March 31, 2024. The Company notes that financial results are not comparable with results in prior years, as ongoing business uncertainties required it to take multiple provision charges.
- 07/19/2024
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HIGHWAY HOLDINGS RESTATES UNAUDITED FINANCIAL STATEMENTS FOR 3 AND 9 MONTHS ENDED DECEMBER 31, 2023 RESULTING IN HIGHER NET INCOME FOR BOTH PERIODS
- HONG KONG , July 12, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) (the "Company" or "Highway Holdings") today announced it has restated its unaudited quarterly financial statements for the three and nine months ended December 31, 2023, which were released in an earnings press release on February 1, 2024. The decision to restate the financial statements was approved on July 12, 2024 by Highway Holdings' Board of Directors upon the recommendation of the Audit Committee of the Board of Directors and after consultation with management.
- 07/12/2024
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3 Microcaps to Benefit from Federal Highway Spending
- The IIJA (Infrastructure Investment and Jobs Act) is a $1.2 trillion investment over a five-year period.
- 07/10/2024
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ZOOZ Power Doubles Ultrafast Charging Capacity at Second Site on Cross-Israel Highway, Enabling Major Improvement in Service and Revenue Opportunity with no Grid Upgrade
- Tel-Aviv, June 20, 2024 (GLOBE NEWSWIRE) -- ZOOZ POWER Ltd . (NASDAQ and TASE: ZOOZ), a leading provider of flywheel-based power boosters for enabling ultra-fast EV charging, has announced today that its innovative power boosting and management solution has been installed and is operational at a second Dor-Alon station on Route 6, the Cross-Israel Highway, following the rollout of its first Dor-Alon station booster in May 2024.
- 06/20/2024
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Tesla Seat-Belt Scare Over? NHTSA Closes Year-Long Model X Probe After Recall Of Nearly 16K EVs
- The U.S. auto safety regulator on Monday closed its year-long probe into over 100,000 Tesla Inc TSLA Model X SUVs over concerns with its seat belts after the EV giant issued a recall aimed at fixing them. What Happened: The National Highway Traffic Safety Administration (NHTSA) opened the preliminary evaluation into model year 2022 and model year 2023 Model X SUVs in March 2023, after receiving two complaints from consumers alleging issues with the front seat belts. The complainants alleged that the front seat beats suddenly detached from the outboard lap pretensioner anchor while the vehicle was moving. Tesla subsequently issued a safety recall for nearly 16,000 Model S and X vehicles in July. As for a remedy, the company said it would inspect these belts for proper connection to the pretensioners, resecure the pretensioners, or replace the seat belt retractor assembly if needed. The agency on Monday closed the probe in light of the actions taken by the EV maker. However, it reserves the right to take action in the future if need be, the agency added. Why It Matters: Earlier this month, the NHTSA closed another three-year-old probe into about 160,000 Tesla vehicles that it had commenced over concerns about loss of rearview camera display after the company issued a recall that it deemed sufficient. However, late last month, the NHTSA opened a probe into Tesla’s recall of over 2 million vehicles equipped with Autosteer from December. The agency is now probing if the proposed remedy of a software update sufficiently addressed safety concerns in the recall. Check out more of Benzinga’s Future Of Mobility coverage by following this link. Read More: Tesla Bull Gary Black Expects CEO Elon Musk’s $56B Pay Package To Be Reinstated; ‘…Should Eliminate Any Possibility Of Elon Leaving’ Photo courtesy of Tesla © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 05/20/2024
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Highway Holdings Declares $0.05 Cash Dividend per Share; Company Sets Dividend Record and Distribution Dates
- HONG KONG , April 2, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today announced the Company's Board of Directors declared a cash dividend of $0.05 per common share. The dividend will be paid on May 3, 2024 to shareholders of record on April 22, 2024.
- 04/02/2024
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The Hydrogen Highway: 3 Stocks Fueling the Clean Energy Future
- As the world is moving past fossil fuels, a new form of energy needs to replace them. However, today most consumers have to choose between efficiency and sustainability when choosing a form of energy to use.
- 02/29/2024
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HIGHWAY HOLDINGS REPORTS FISCAL 2024 THIRD QUARTER AND NINE MONTH RESULTS; THIRD QUARTER SALES INCREASE 60% YEAR OVER YEAR
- HONG KONG , Feb. 1, 2024 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) (the "Company" or "Highway Holdings") today reported financial results for its fiscal third quarter and nine months ended December 31, 2023, with a 60% increase in revenue and a $0.06 increase in diluted earnings per share for the fiscal third quarter of 2024, both compared to the year ago period. Net sales for the third quarter of fiscal year 2024 increased 60% to $4.1 million compared with $2.6 million in the year ago period.
- 02/01/2024
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Waymo's Robotaxis Are Hitting The Highway, A First For Self-Driving Cars
- Waymo, the first company to operate a public robotaxi service, is preparing for another big step: carrying passengers on highways in autonomous vehicles, not just on lower-speed city and suburban streets.
- 01/08/2024
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HIGHWAY HOLDINGS SIGNS NON-BINDING LETTER OF INTENT TO ACQUIRE MAJORITY OF SYNOVA METALL- UND KUNSTOFFTECHNIK GMBH
- HONG KONG , Dec. 11, 2023 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today announced it has signed a non-binding letter of intent to acquire a majority stake in Synova Metall- und Kunststofftechnik GmbH ("Synova"). Synova has been a comprehensive original equipment manufacturer ("OEM") for the production of electrotechnical and electromechanical components based in Germany for over 60 years.
- 12/11/2023
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Highway Holdings Declares $0.05 Cash Dividend per Share
- HONG KONG , Nov. 16, 2023 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today announced the Company's Board of Directors declared a cash dividend of $0.05 per common share. The dividend will be paid on December 23, 2023 to shareholders of record on November 30, 2023.
- 11/16/2023
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HIGHWAY HOLDINGS REPORTS SECOND QUARTER FISCAL YEAR 2024 RESULTS
- HONG KONG , Oct. 23, 2023 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today reported results for the second quarter of fiscal year 2024 and the six months ended September 30, 2023. Reflecting the significantly negative impact of the post-COVID boom and bust cycle on Highway Holdings' customers' demand levels, which was made worse by the compounding effect of the ongoing Russia/Ukraine war and global inflation, net sales for the second quarter of fiscal year 2024 were $1.3 million, compared with $3.0 million in the year ago period.
- 10/23/2023
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HIGHWAY HOLDINGS REPORTS FIRST QUARTER FISCAL 2024 RESULTS
- HONG KONG , Oct. 20, 2023 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today reported financial results for the first quarter of fiscal year 2024. Net sales for the quarter ended June 30, 2023 were $1.35 million compared with $2.94 million in the first quarter of fiscal year 2023.
- 10/20/2023
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Highway Holdings to Resume Full Production for Playmaji
- HONG KONG , July 27, 2023 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO, "the Company" or "Highway Holdings") today announced that it will resume manufacturing for Playmaji, Inc., the Los Angeles-based company behind the modular multi-system game console Polymega®. Highway Holdings previously announced a significant, multi-year order on October 15, 2020 to manufacture Playmaji's Polymega game consoles and accessories.
- 07/27/2023
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HIGHWAY HOLDINGS REPORTS FISCAL FOURTH QUARTER AND FULL YEAR 2023 RESULTS
- HONG KONG , July 13, 2023 /PRNewswire/ -- Highway Holdings Limited (Nasdaq: HIHO) today reported results for the fiscal fourth quarter and fiscal year ended March 31, 2023, which reflect the adverse impact of the sudden lifting of COVID-19 restrictions in China and the lingering negative impact on the Company's business and sales. The Company noted financial results are not comparable with results from prior years, as ongoing business uncertainties required it to take multiple provision charges, while prior periods separately benefited from non-recurring subsidies.
- 07/13/2023
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Granite to Widen Highway 1 in the Soquel/Capitola area of Santa Cruz County
- WATSONVILLE, Calif.--(BUSINESS WIRE)--Granite (NYSE:GVA) was awarded an approximately $29 million contract by the California Department of Transportation (Caltrans) to widen a section of Highway 1 in Santa Cruz, California. The project is funded by the Santa Cruz County Regional Transportation Commission (SCCRTC), with Local Measure D-Highway Corridor funds, Senate Bill 1 grants, as well as other SCCRTC discretionary funds used to complete the work necessary to ready the project for construction. The project was included in Granite’s 2022 fourth-quarter CAP. The project will involve the construction of four retaining walls, one soldier pile retaining wall, and a 650 ft. long box girder pedestrian bridge over Hwy 1 at Chanticleer Avenue. The freeway widening will involve both directions of Hwy 1 from Soquel Avenue to 41st Avenue in Capitola, with an additional lane of travel in each direction being added to the existing earth median. Granite aims to utilize 27,000 tons of subbase & base from its nearby plants and 18,600 tons of hot mix asphalt (HMA) from its Salinas Hot Plant. “We are committed to minimizing the impact on the local community and will work closely with Caltrans to ensure that any necessary lane closures or detours are clearly communicated to the public in advance, and that all construction activities are carried out with the utmost care and attention to safety,” said Granite Vice President of Regional Operations, Brent Fogg. “Granite is proud to contribute to the development of Santa Cruz County’s infrastructure. We have a long-standing commitment to safety and excellence and will bring this dedication to every aspect of the project.” The project is planned to begin in May 2023 and is expected to be completed in December 2024. About Granite Granite is America’s Infrastructure Company™. Incorporated since 1922, Granite (NYSE:GVA) is one of the largest diversified construction and construction materials companies in the United States as well as a full-suite civil construction provider. Granite’s Code of Conduct and strong Core Values guide the Company and its employees to uphold the highest ethical standards. Granite is an industry leader in safety and an award-winning firm in quality and sustainability. For more information, visit the Granite website, graniteconstruction.com, and connect with Granite on LinkedIn, Twitter, Facebook, and Instagram.
- 05/23/2023
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Permian Highway Pipeline Announces Final Investment Decision for Expansion Project
- HOUSTON--(BUSINESS WIRE)--Permian Highway Pipeline, LLC (PHP) today announced a final investment decision (FID) to proceed with its expansion project after securing binding firm transportation agreements for all available capacity. The project will increase PHP’s capacity by approximately 550 million cubic feet per day (MMcf/d). The project will involve primarily additional compression on PHP to increase natural gas deliveries from the Waha area to multiple mainline connections, Katy, Texas, and various U.S. Gulf Coast markets. Pending the timely receipt of required approvals, the target in-service date for the project is anticipated to be November 1, 2023. “We are excited to have achieved FID on this very important expansion,” said Kinder Morgan Natural Gas Midstream President Sital Mody. “The project will alleviate transportation constraints out of the Permian Basin so as to further support meeting our domestic and global energy needs.” “This expansion couldn’t come at a more critical time, as it will foster future natural gas production growth in West Texas and provide several liquefaction facilities along the Texas Gulf Coast with more affordable, reliable supply,” said Jamie Welch, President and CEO of Kinetik. “In addition, approximately 30 of Kinetik’s customers will gain access to premium priced markets and transportation flow assurance, which is critical to minimizing flared volumes.” PHP is jointly owned by subsidiaries of Kinder Morgan, Inc. (NYSE: KMI), Kinetik Holdings Inc. (NASDAQ: KNTK) and ExxonMobil (NYSE: XOM), with an ownership interest of 26.7%, 53.3% and 20%, respectively. About Kinder Morgan, Inc. Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient and environmentally responsible manner for the benefit of the people, communities and businesses we serve. We own an interest in or operate approximately 83,000 miles of pipelines, 141 terminals, and 700 billion cubic feet of working natural gas storage capacity. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, chemicals, ethanol, metals and petroleum coke. Learn more about our renewables initiatives on the low carbon solutions page at www.kindermorgan.com. Important Information Relating to Forward-Looking Statements This news release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities and Exchange Act of 1934. Generally the words “expects,” “believes,” anticipates,” “plans,” “will,” “shall,” “estimates,” and similar expressions identify forward-looking statements, which are not historical in nature. Forward-looking statements in this news release include express or implied statements concerning the anticipated capacity, timing and benefits of the proposed PHP expansion project. Forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, based on information currently available to them. Although KMI believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance as to when or if any such forward-looking statements will materialize or their ultimate impact on KMI’s operations or financial condition. Important factors that could cause actual results to differ materially from those expressed in or implied by these forward-looking statements include the risks and uncertainties described in KMI’s reports filed with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year-ended December 31, 2021 (under the headings “Risk Factors” and “Information Regarding Forward-Looking Statements” and elsewhere) and its subsequent reports, which are available through the SEC’s EDGAR system at www.sec.gov and on KMI’s website at ir.kindermorgan.com. Forward-looking statements speak only as of the date they were made, and except to the extent required by law, KMI undertakes no obligation to update any forward-looking statement because of new information, future events or other factors. Because of these risks and uncertainties, readers should not place undue reliance on these forward-looking statements. About Kinetik Holdings Inc. Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. Kinetik is headquartered in Midland, Texas and has a significant presence in Houston, Texas. Kinetik provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Kinetik posts announcements, operational updates, investor information and press releases on its website, https://www.kinetik.com/. About ExxonMobil ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs. The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. To learn more, visit exxonmobil.com and the Energy Factor. Follow us on Twitter and LinkedIn.
- 06/29/2022
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Permian Highway Pipeline Announces Binding Open Season for Expansion Project
- HOUSTON--(BUSINESS WIRE)--Permian Highway Pipeline, LLC (PHP) today announced a binding open season to solicit commitments for an expansion project on its system. Upon achieving a final investment decision (FID), the project will increase PHP’s capacity by nearly 650 million cubic feet per day (MMcf/d). A foundation shipper has already executed long-term binding transportation agreements for half of this expansion capacity. The project will involve primarily compression expansions on PHP to increase natural gas deliveries from the Waha area to multiple mainline connections, Katy, Texas and various U.S. Gulf Coast markets. Pending additional customer commitments, the target in-service date for the project is October 1, 2023. The binding open season begins April 25, 2022, and ends May 13, 2022, at 5 p.m. Central Time, though PHP reserves the right to extend the open season as needed. Those interested in obtaining more detailed information about this open season can visit this page on the Kinder Morgan website or contact Enrique Valencia, Director of Business Development in Kinder Morgan’s Natural Gas group at 713.420.5017 or Enrique_Valencia@kindermorgan.com. PHP is jointly owned by subsidiaries of Kinder Morgan, Inc. (NYSE: KMI), Kinetik Holdings Inc. (NASDAQ: KNTK) and ExxonMobil (NYSE: XOM) with an ownership interest of 26.7%, 53.3% and 20%, respectively. Kinder Morgan Texas Pipeline (KMTP) is the operator of PHP. About Kinder Morgan, Inc. Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient and environmentally responsible manner for the benefit of the people, communities and businesses we serve. We own an interest in or operate approximately 83,000 miles of pipelines, 141 terminals, and 700 billion cubic feet of working natural gas storage capacity. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and our terminals store and handle various commodities including gasoline, diesel fuel, chemicals, ethanol, metals and petroleum coke. Learn more about our renewables initiatives on the low carbon solutions page at www.kindermorgan.com. Important Information Relating to Forward-Looking Statements This news release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities and Exchange Act of 1934. Generally the words “expects,” “believes,” anticipates,” “plans,” “will,” “shall,” “estimates,” and similar expressions identify forward-looking statements, which are not historical in nature. Forward-looking statements in this news release include express or implied statements concerning the anticipated capacity and timing of the proposed PHP expansion. Forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, based on information currently available to them. Although KMI believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance as to when or if any such forward-looking statements will materialize or their ultimate impact on KMI’s operations or financial condition. Important factors that could cause actual results to differ materially from those expressed in or implied by these forward-looking statements include the risks and uncertainties described in KMI’s reports filed with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year-ended December 31, 2021 (under the headings “Risk Factors” and “Information Regarding Forward-Looking Statements” and elsewhere) and its subsequent reports, which are available through the SEC’s EDGAR system at www.sec.gov and on KMI’s website at ir.kindermorgan.com. Forward-looking statements speak only as of the date they were made, and except to the extent required by law, KMI undertakes no obligation to update any forward-looking statement because of new information, future events or other factors. Because of these risks and uncertainties, readers should not place undue reliance on these forward-looking statements. About Kinetik Holdings Inc. Kinetik is a fully integrated, pure-play, Permian-to-Gulf Coast midstream C-corporation operating in the Delaware Basin. Kinetik is headquartered in Midland, Texas and has a significant presence in Houston, Texas. Kinetik provides comprehensive gathering, transportation, compression, processing and treating services for companies that produce natural gas, natural gas liquids, crude oil and water. Kinetik posts announcements, operational updates, investor information and press releases on its website, https://www.kinetik.com/. About ExxonMobil ExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society’s evolving needs. The corporation’s primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world. To learn more, visit exxonmobil.com and the Energy Factor. Follow us on Twitter and LinkedIn.
- 04/25/2022
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Waymo's Path To Robot Truck Business Means Mastering Wind, Flares And Pedestrians On The Highway
- Alphabet Inc.'s autonomous driving company is thinking about what the world will throw at its trucks "with a level of thoroughness that's bordering on paranoia."
- 10/01/2021
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Highway Holdings Reports Fiscal 2022 First Quarter Results
- HONG KONG--(BUSINESS WIRE)--Highway Holdings Limited (Nasdaq: HIHO) today reported results for its fiscal 2022 first quarter ended June 30, 2021. Net sales for the fiscal first quarter increased approximately 46 percent to $3.0 million from $2.1 million a year earlier. Net income for the same period was $333,000, or $0.08 per diluted share, compared with a net loss of $223,000, or $0.06 per share, last year. "Results for the fiscal 2022 first quarter benefitted from the carryover of orders that
- 07/22/2021
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Highway Holdings Limited Declares Cash Dividend
- HONG KONG--(BUSINESS WIRE)--Highway Holdings Limited (Nasdaq:HIHO) today announced its board of directors has declared a cash dividend of $0.02 per share on the company's common stock. The dividend will be paid on April 8, 2021 to shareholders of record on March 1, 2021. About Highway Holdings Highway Holdings is an international manufacturer of a wide variety of quality parts products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings' administrative offices are
- 02/16/2021
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How Has Highway Holdings (NASDAQ:HIHO) Allocated Its Capital?
- If you're looking at a mature business that's past the growth phase, what are some of the underlying trends that pop...
- 08/19/2020
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Highway Holdings Reports Fiscal 2020 Fourth Quarter and Year-End Results
- Highway Holdings Limited (Nasdaq: HIHO) today reported results for its fiscal fourth quarter and year ended March 31, 2020 – reflecting the impact of lower orders from certain customers experiencing soft product demand and the impact of a four-week shut down of the company’s factory in China due to the Chinese New Year holiday and government-required coronavirus closures in January and February.
- 08/18/2020
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Highway Holdings Announces Delay in Reporting Fiscal 2020 Results Due to Coronavirus
- Highway Holdings Limited (Nasdaq:HIHO) today said the company will not meet a previously announced July 31, 2020 target date for reporting its fiscal 2020 year-end results, and the filing of the Annual Report on Form 20-F.
- 07/31/2020
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Highway Holdings Announces Timing of Fiscal 2020 Reporting and Annual Meeting of Shareholders
- Highway Holdings Limited (Nasdaq:HIHO) today announced it expects to report results for its fourth quarter and fiscal year ended March 31, 2020 and to file the company’s Annual Report on Form 20-F by no later than July 31, 2020. The Form 20-F filing period complies with reporting deadlines of the Securities and Exchange Commission, although it will be delayed compared with the company’s accelerated historical reporting timeline. The company also announced it currently expects that its annual meeting of shareholders, which is usually held in August or September in Los Angeles, California, will be held in early October 2020.
- 07/02/2020
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Calculating The Intrinsic Value Of Highway Holdings Limited (NASDAQ:HIHO)
- How far off is Highway Holdings Limited (NASDAQ:HIHO) from its intrinsic value? Using the most recent financial data...
- 06/18/2020
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Western Asset Investment Grade Income Fund Inc. Announces Shareholder Approval of New Management and Subadvisory Contracts
- Western Asset Investment Grade Income Fund Inc. (NYSE: PAI) (the "Fund") announced that, based on certified voting results from the Fund’s Special Meeting of Shareholders (the "Special Meeting"), shareholders have voted to approve the new management agreement for the Fund’s manager and the new subadvisory agreement for the Fund’s subadviser. Approval of these new agreements was proposed in connection with the pending combination of Legg Mason Inc. ("Legg Mason"), the parent company of the Fund’s investment manager and subadviser, and Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton (the "Transaction"), which will result in the automatic termination of the Fund’s current management and subadvisory agreements. The new management and subadvisory agreements will each become effective upon the consummation of the Transaction.
- 06/15/2020
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Western Asset Investment Grade Income Fund Inc. Announces Change of Location of Special Meeting of Shareholders Scheduled to Be Held on June 12, 2020
- Western Asset Investment Grade Income Fund Inc. (the "Fund") (NYSE:PAI) announced today that, due to the public health impact of the coronavirus ("COVID-19") pandemic and to support the health and safety of its shareholders, the location of the Special Meeting of Shareholders (the "Meeting") of the Fund has been changed. As previously announced, the Fund’s Meeting will be held on Friday, June 12, 2020 at 9:00 a.m. Eastern Time. In light of public health concerns regarding COVID-19, the Meeting will be held in a virtual meeting format only. The Meeting will be accessible solely by means of remote communication.
- 05/27/2020
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Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of March 31, 2020
- Western Asset Investment Grade Income Fund Inc. (NYSE: PAI) today announced the financial position of the Fund as of March 31, 2020.
- 05/26/2020
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Legg Mason Partners Fund Advisor, LLC Announces Distributions for the Months of June, July, August and September 2020
- Legg Mason Partners Fund Advisor, LLC announced today that certain closed end funds have declared their distributions for the months of June, July, August and September 2020.
- 05/19/2020
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Highway Holdings Appoints New Directors
- Highway Holdings Limited (Nasdaq:HIHO) today announced its board of directors has appointed two new directors, Heiko Sonnekalb and Dirk Hermann, to fill existing vacancies -- complementing the company’s ongoing rejuvenation to support near-and long-term growth.
- 04/01/2020
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Highway Holdings Limited Declares Cash Dividend
- Highway Holdings Limited (Nasdaq:HIHO) today announced its board of directors has declared a cash dividend of $0.08 per share on the company’s common stock. The dividend will be paid on April 6, 2020 to shareholders of record on March 31, 2020.
- 02/24/2020
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Highway Holdings Reports Fiscal 2020 Third Quarter and Nine-Month Results
- Highway Holdings Limited (Nasdaq: HIHO) today reported results for its fiscal third quarter and nine months ended December 31, 2019 -- reflecting increased sales and profitability.
- 02/18/2020
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Introducing Highway Holdings (NASDAQ:HIHO), The Stock That Slid 59% In The Last Year
- Even the best stock pickers will make plenty of bad investments. And unfortunately for Highway Holdings Limited...
- 11/19/2019
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Highway Holdings Reports Fiscal 2020 Second Quarter Results
- Highway Holdings Limited today reported results for its fiscal 2020 second quarter and six-month period ended September 30, 2019.
- 11/12/2019
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Could The Highway Holdings Limited (NASDAQ:HIHO) Ownership Structure Tell Us Something Useful?
- If you want to know who really controls Highway Holdings Limited (NASDAQ:HIHO), then you'll have to look at the makeup...
- 08/21/2019
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Highway Holdings Reports Fiscal 2020 First Quarter Results
- HONG KONG, July 30, 2019 -- Highway Holdings Limited (Nasdaq: HIHO) today reported results for its fiscal 2020 first quarter ended June 30, 2019. Net loss for the fiscal.
- 07/30/2019
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Highway Holdings Reports Fiscal 2019 Fourth Quarter and Year-End Results
- HONG KONG, July 02, 2019 -- Highway Holdings Limited (Nasdaq: HIHO) today reported results for its fiscal fourth quarter and year ended March 31, 2019 – reflecting the impact.
- 07/02/2019
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