Opinionated, data-backed coverage across all asset classes

Acadian Timber reported Q2 net income of $1.3 million, down from $2.7 million a year earlier, as elevated customer roundwood inventories weighed on New Brunswick sales. The Maine segment narrowed its loss.

Savaria's Q2 revenue hit $245.8M, up 8.4%, with adjusted EBITDA margin rising to 21.1%. The accessibility company targets $1.6B revenue by 2030.

The $25M credit facility from ING, expandable to $100M, provides a liquidity backstop as Endeavour Silver advances its Pitarrilla project without an immediate drawdown.

The pipeline spin-off from TC Energy reported Q2 earnings after the close. A conference call on Aug. 6 will detail normalized EBITDA and cash flow targets.

McFarlane Lake Mining takes a 19.9% stake in iMetal Resources for C$1.42M, gaining a board seat and technical oversight on adjacent Ontario gold properties.

Equinox Gold boosted its dividend 50% to $0.09 annualized, with a $0.0225 quarterly payout due Sept. 2. The increase reflects a strong cash position for the miner.

Tenaris reported $396M in Q2 free cash flow, down from $618M in Q1. The tube maker's Hormuz disruption and rising raw material costs weighed on tubes segment income.

Transocean's fleet report shows $6.7B backlog with an additional $1B conditional on Equinor approval for three harsh-environment rigs. The pending Valaris merger adds to the story.

Taj Tarsha, founder of NFT startup Few and Far, faces securities and wire fraud charges for allegedly diverting $10M from investors to gambling, real estate, and DJ activities.

Phillips 66 posted record Q2 EPS of $9.14 and sees margins staying strong into 2027. Crack spread near $57; a swift Iran deal could end the run.

Natural gas extends losses after bearish flag breakdown, targeting $2.54. Resistance at the 10-day moving average confirmed before the pattern triggered, with the April low at $2.50 at risk.

Ring Energy raised $66M, cut debt to $360M, and shifted drilling to 70% longer laterals. CEO says the transition will boost returns and free cash flow.