Recent headlines from the sources AlphaScala monitors. AlphaScala analysis is published in the main market section.
September gas futures bounce from $2.616 low but face storage surplus at 6.7% above average, record production, and 1.5 Bcf/d Permian supply from Hugh Brinson pipeline. Thursday's EIA print decides the next leg.
Scoping study for Stavely Minerals' Thursday's gossan project shows $818M pre-tax NPV7 and a 2.5-year payback; capital needs run near 29 times its market value.
Pilbara Minerals' price-to-sales ratio fell to 12.11x, well below its 20.35x average, as revenue grew. The lithium producer's earnings depend on volatile spodumene prices.
Cue Energy 2P reserves fall to 4.5MMboe after production and revisions. A $5m impairment is pending for Maari and Sampang. Mereenie Footwall adds 0.7MMboe prospective gas.
Three Lake Hope HPA samples hit 4N purity with uranium and thorium below 1 ppb, meeting semiconductor-grade thresholds without a dedicated radionuclide-removal step. Pilot-scale optimisation is underway.
Sky Metals PFS at Tallebung tin-tungsten-silver project shows base-case IRR of 69%, NPV A$438m, payback under 17 months. Spot price upside lifts IRR to 88%.
Broken Hill Mines reports high-grade zinc-silver intercepts from Pinnacles Phase 2 drilling, supporting open-pit viability as zinc and silver prices rally.
Caspin Resources flags a strong new tin anomaly near Kelpie at Bygoo, with drilling underway at Moss and a September resource estimate scheduled.
Gran Tierra's $25M Q2 profit masks the big risk: a shareholder vote on selling Colombia and Ecuador assets. CEO says details are limited until the meeting. The deal could reshape the company's portfolio.
AirBoss revenue hit a three-year high on defense and rubber demand. The completed Bandolier contract and cross-border tariff risk cloud the second half.
Acadian Timber's Q2 revenue fell 15% to $14.6M as customer inventories hurt volumes. Maine cost cuts narrowed EBITDA loss. Debt refinancing and renewable energy projects offer catalysts.
Ring Energy's Q2 saw higher production and lower costs; a $65M equity offering cut debt. The 2027 plan targets 10% BOE growth with a 10% capex cut, stress-tested at $60 oil.
Gold Royalty posted $17.3M in first-half revenue, up 116% YoY, and reaffirmed 7,500-9,300 GEO guidance. CEO David Garofalo highlighted the royalty model's insulation from cost inflation. Vareš commercial production expected by end of September.
Core Molding posted a 1.2% sales dip as truck revenue fell 23%. Building products jumped 36%. Management sees H2 truck improvement. Mexico expansion on track.
Select Water Solutions Q2 adjusted EBITDA rose 19% to $93M, above guidance. Water Infrastructure revenue hit a record $102M. The company raised 2026 capex view to $250-290M.
W&T Offshore reported $12.6M Q2 net income and $31M free cash flow, up 50% from Q1. CEO Tracy Krohn said leverage could fall below 1.0x by year-end if margins hold.
Houthi drone strike on Aramco's Jazan refinery follows Saudi-Turkey-Pakistan defence pact. The alliance faces its first test as Yemeni port also hit, killing seven.
Valvoline Q3 sales rose 24% as the network passed 2,400 stores. Management flagged a 60% jump in lubricant costs tied to Hormuz disruption and raised the full-year same-store-sales outlook to 7.5%-8%.
Oil prices remain sensitive to West Asia tensions; US inflation data this week could dictate Fed rate path and global market direction.
Century Aluminum's Jamalco refinery now runs on self-generated power, saving up to US$28m a year. CEO Gary called it a "significant step change" in cost structure.
China's PPI slowed to 3.5% in July as oil costs eased from war highs. Consumer inflation also cooled, reopening deflation concerns. Iran-Oman talks progress.
OR Royalties Q2 revenue rose 62% to $97.8M, but a Canadian Malartic rock wall movement could cost up to 7,500 GEOs annually from 2027. Management maintains guidance.
Cameco and Centrus book revenue from uranium sales, while Oklo, NuScale and Nano Nuclear trade on cash and milestones. Their combined $12B market value vs $12M revenue shows the timeline premium.
Navigator Q2 net income rose to $53M, EBITDA hit $101.6M, and TCE rates reached a record $33,946/day. Management sees Q3 easing from peak levels.
CEO Peter Matt outlined CMC's strategy to drive long-term value through operational excellence. The event featured presentations from all business segments.
NACCO swung to a $1M net loss in Q2 after $12M in solar impairment charges. CEO Butler said asset sales are under review. Utility coal mining profit jumped.
BHP's FY24 edge: 19.7% ROE and 6.9% average yield support the blue-chip case. MIN profit fell to $125m despite 12.2% revenue growth. Alpha Score 74.
Matador generated $303M in free cash flow, cut bank debt to sub-$1B, raised oil growth outlook to 4-7% with 1% less capex. Federal leases extend inventory 15+ years.
MP Materials delivered magnets to GM for qualification testing and expects Q4 commercial shipments. NdPr sales volumes rose 127%, and the company secured a nine-figure gadolinium deal with a U.S. defense customer.
Mosaic idled Louisiana and cut Florida rates as sulfur shortages push phosphate output to 1.1-1.4M tons in Q3, with CEO Bodine warning of 30M ton global shortfall.