article thumbnail

These Analysts Boost Their Forecasts On Diamondback Energy Following Merger News

Benzinga

billion in NPV10 over the next decade, and expects accretion of ~10% free cash flow per share in 2025. Diamondback’s Board of Directors raised a 7% increase to its base dividend to $3.60 The deal will offer annual synergies of $550 million representing over $3.0 per share annually. Full story available on Benzinga.com

article thumbnail

Capital Bancorp, Inc. Announces Acquisition of Integrated Financial Holdings, Inc.

Benzinga

("IFH") (OTCQX: IFHI ) today announced that they have entered into a definitive merger agreement under which CBNK will acquire IFH in a cash and stock transaction valued at $66 million, exclusive of the value of a dividend to be received by IFH shareholders at or immediately prior to closing. and Capital Bank.

Banking 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Retail Opportunity Investments Corp. Reports 2024 First Quarter Results

Benzinga

per share cash dividend declared _ (1) A reconciliation of GAAP net income to FFO is provided at the end of this press release. million of property dispositions under contract and, through our off-market sources, we recently acquired an excellent shopping center, featuring two supermarkets, in the San Diego market for $70.1

article thumbnail

Wachtell Lipton Discusses Compensation Season 2024

Reynolds Holding

In contrast to the volatility that vexed the economy in 2022, markets rose in 2023 as inflation fell and the labor market remained strong. A registrant with a calendar year fiscal year must include these new disclosures in its Form 10-K or annual proxy statement filed in 2025. A Deliberate, Principles-Based Approach to ESG.

article thumbnail

Capital Power and Manulife Investment Management announce the acquisition of the Midland Cogeneration facility in the United States

Benzinga

Capital Power will finance the transaction using cash on hand and its credit facilities and will not need to access the equity markets to finance the transaction. On the strength of the contracted cash flows from this acquisition, we are increasing our annual dividend growth guidance to 6% through 2025 from the previous 5%.

article thumbnail

Diamondback Energy, Inc. and Endeavor Energy Resources, L.P. to Merge to Create a Premier Permian Independent Oil and Gas Company

Benzinga

As a result, we look forward to continuing to deliver best-in-class results with a combined employee base headquartered in Midland, assuring Midland's relevance in the global oil market for the next generation." "I I am grateful to the Endeavor team and proud of what we have built since 1979," said Autry C. per share annually ($0.90

article thumbnail

The ESG Gap

Reynolds Holding

Bloomberg forecasts that by 2025 ESG assets may hit $53 trillion – a third of global assets under management. Hedge funds are partnerships in which capital investment is locked – there is no secondary market on which it can be bought and sold. trillion ( Kishan, 2022 ).