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20:25
Southern Copper Corporation reported Q1 sales of $4.25 billion, exceeding analysts' expectations of $4.21 billion.Quarterly net profit was $1.58 billion, in line with analysts' expectation of $1.58 billion. Adjusted EBITDA for the first quarter was $2.71 billion, compared to analysts' expectation of $2.73 billion.
20:18
Ingersoll Rand recently stated that despite the changes in Section 232 tariffs and uncertainties caused by conflicts in the Middle East, the company expects these external factors will not have a material impact on its full-year financial guidance.The company emphasized in its latest statement that its business operations and financial goals demonstrate strong resilience, enabling it to effectively cope with the current complex changes in the geopolitical and trade environment. Ingersoll Rand's management has maintained its performance expectations for the whole year, reflecting confidence in the company's fundamentals and development prospects.
20:18
The latest financial report from Northern Oil & Gas shows a net loss of $522.8 million under US GAAP for the first quarter.The main factor behind this substantial loss is the company's holdings of derivative contracts, which resulted in approximately $521.4 million of non-cash, unrealized fair value change losses. These on-paper losses do not affect the company's cash flow situation, but are reflected in the current period's profit and loss.
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