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Xcel Energy Sticks to Robust Outlook for Renewables as Wind Fuels Growth Industry Segment: Power | Word Count: 655 Words Attachment: Xcel2Q21 SUGAR LAND--July 30, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Xcel Energy Incorporated (NASDAQ:XEL) (Minneapolis, Minnesota) continued to ride the wave of an economic recovery in the second quarter, as its revenues and profits steadily improved. The company brushed aside concerns about inflation in its quarterly earnings presentation and pointed to its ongoing buildout of renewable and low-carbon power generation. Industrial ...
Refiner PBF Expects Continued Improvement in Market Conditions Industry Segment: Petroleum Refining | Word Count: 772 Words Attachment: A SUGAR LAND--July 30, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Petroleum refiner PBF Energy Incorporated (NYSE:PBF) (Parsippany, New Jersey) reported second-quarter 2021 net income attributable to the company of $47.9 million, a sizeable drop from $389.1 million reported for the second quarter 2020. Even so, PBF Chief Executive Tom Nimbley said the results "reflect the improving demand environment. We operated our refineries at ra...
IIR on Social Media Premium Industrial News Enterprise Products to Rein in Capex in Coming Years as Company Gains Ground in Petrochemicals Enterprise Products to Rein in Capex in Coming Years as Company Gains Ground in Petrochemicals Industry Segment: Pipelines | Word Count: 714 Words SUGAR LAND--July 29, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Midstream operator Enterprise Products Partners' (NYSE:EPD) (Houston, Texas) second-quarter net income held steady year-over-year, rising only slightly from last year to $1.1 billion in second-quarter 20...
Rio Tinto Turns to Copper, Aluminum, Other In-Demand Materials as Prices Climb Industry Segment: Metals & Minerals | Word Count: 850 Words Attachment: RioTinto1H21 SUGAR LAND--July 29, 2021--Researched by Industrial Info Resources (Sugar Land, Texas)--Rio Tinto plc (NYSE:RIO) (London, England) stunned market watchers this week when it reported a sharp turnaround in its financial and operational health for the first six months of 2021, with higher pricing for iron ore, aluminum and copper driving record first-half profits. In North America, the company is planning or at work on several proje...