Latest news with #EnergyServices
Yahoo
6 days ago
- Business
- Yahoo
Under The Bonnet, Deleum Berhad's (KLSE:DELEUM) Returns Look Impressive
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. Put simply, these types of businesses are compounding machines, meaning they are continually reinvesting their earnings at ever-higher rates of return. With that in mind, the ROCE of Deleum Berhad (KLSE:DELEUM) looks great, so lets see what the trend can tell us. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Return On Capital Employed (ROCE): What Is It? If you haven't worked with ROCE before, it measures the 'return' (pre-tax profit) a company generates from capital employed in its business. To calculate this metric for Deleum Berhad, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.25 = RM130m ÷ (RM689m - RM175m) (Based on the trailing twelve months to March 2025). Thus, Deleum Berhad has an ROCE of 25%. In absolute terms that's a great return and it's even better than the Energy Services industry average of 11%. Check out our latest analysis for Deleum Berhad In the above chart we have measured Deleum Berhad's prior ROCE against its prior performance, but the future is arguably more important. If you're interested, you can view the analysts predictions in our free analyst report for Deleum Berhad . What The Trend Of ROCE Can Tell Us Investors would be pleased with what's happening at Deleum Berhad. The data shows that returns on capital have increased substantially over the last five years to 25%. Basically the business is earning more per dollar of capital invested and in addition to that, 24% more capital is being employed now too. So we're very much inspired by what we're seeing at Deleum Berhad thanks to its ability to profitably reinvest capital. One more thing to note, Deleum Berhad has decreased current liabilities to 25% of total assets over this period, which effectively reduces the amount of funding from suppliers or short-term creditors. Therefore we can rest assured that the growth in ROCE is a result of the business' fundamental improvements, rather than a cooking class featuring this company's books. The Key Takeaway In summary, it's great to see that Deleum Berhad can compound returns by consistently reinvesting capital at increasing rates of return, because these are some of the key ingredients of those highly sought after multi-baggers. Since the stock has returned a staggering 213% to shareholders over the last five years, it looks like investors are recognizing these changes. Therefore, we think it would be worth your time to check if these trends are going to continue. Deleum Berhad does have some risks, we noticed 2 warning signs (and 1 which shouldn't be ignored) we think you should know about. If you want to search for more stocks that have been earning high returns, check out this free list of stocks with solid balance sheets that are also earning high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
20-07-2025
- Business
- Yahoo
Returns Are Gaining Momentum At Helix Energy Solutions Group (NYSE:HLX)
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for? Ideally, a business will show two trends; firstly a growing return on capital employed (ROCE) and secondly, an increasing amount of capital employed. Basically this means that a company has profitable initiatives that it can continue to reinvest in, which is a trait of a compounding machine. With that in mind, we've noticed some promising trends at Helix Energy Solutions Group (NYSE:HLX) so let's look a bit deeper. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Return On Capital Employed (ROCE): What Is It? Just to clarify if you're unsure, ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business. Analysts use this formula to calculate it for Helix Energy Solutions Group: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.059 = US$137m ÷ (US$2.6b - US$323m) (Based on the trailing twelve months to March 2025). So, Helix Energy Solutions Group has an ROCE of 5.9%. In absolute terms, that's a low return and it also under-performs the Energy Services industry average of 11%. Check out our latest analysis for Helix Energy Solutions Group Above you can see how the current ROCE for Helix Energy Solutions Group compares to its prior returns on capital, but there's only so much you can tell from the past. If you'd like, you can check out the forecasts from the analysts covering Helix Energy Solutions Group for free. So How Is Helix Energy Solutions Group's ROCE Trending? Helix Energy Solutions Group's ROCE growth is quite impressive. The figures show that over the last five years, ROCE has grown 148% whilst employing roughly the same amount of capital. So our take on this is that the business has increased efficiencies to generate these higher returns, all the while not needing to make any additional investments. On that front, things are looking good so it's worth exploring what management has said about growth plans going forward. The Bottom Line As discussed above, Helix Energy Solutions Group appears to be getting more proficient at generating returns since capital employed has remained flat but earnings (before interest and tax) are up. Since the stock has only returned 36% to shareholders over the last five years, the promising fundamentals may not be recognized yet by investors. So with that in mind, we think the stock deserves further research. On the other side of ROCE, we have to consider valuation. That's why we have a that is definitely worth checking out. While Helix Energy Solutions Group may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Globe and Mail
01-07-2025
- Business
- Globe and Mail
H.I.G. Capital Completes Acquisition of 4Refuel
MIAMI , July 1, 2025 /CNW/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $70 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of 4Refuel ("4Refuel" or the "Company"), a market leader in Mobile On-Site Refueling (MOR) services, from Finning International Inc. (TSX: FTT). The total purchase price of the transaction is up to CAD 400 million . Founded in 1995 and headquartered outside Toronto, Ontario , 4Refuel is led by an experienced management team that has built a leading platform across Canada , with a growing presence in Texas . Serving over 3,000 customers across a diverse range of sectors, 4Refuel provides mobile fueling solutions specializing in direct-to-equipment, on-site refueling, diesel exhaust fluid, and tank monitoring services. The Company delivers approximately one billion liters of fuel annually, through an expansive network of facilities and specialized vehicles. 4Refuel's commitment to exceptional service, safety, and technology has driven strong customer retention and satisfaction. Matt Kever , Managing Director at H.I.G., said, "4Refuel is a scaled, differentiated, technology-enabled platform operating in a mission-critical segment of the energy value chain. We are excited to partner with Larry and the 4Refuel team to accelerate growth through organic initiatives and strategic acquisitions, while continuing to deliver outstanding service and value to its customers." Larry Rodo , CEO of 4Refuel, added, "H.I.G. brings deep sector expertise and a proven playbook for value creation. We're excited to continue our mission of delivering best-in-class refueling services, while pursuing new opportunities to serve our customers across Canada and the U.S. We are grateful to our incredible team, who have built 4Refuel into the trusted brand it is today." Blake, Cassels & Graydon LLP and McDermott Will & Emery LLP served as legal counsel to H.I.G. Capital. About 4Refuel 4Refuel is a leading Mobile On-Site Refueling (MOR) provider in Canada and Texas . Founded in 1995, 4Refuel pioneered the MOR industry in Canada and has built a growing service network across 27 locations. The Company delivers approximately one billion liters of fuel annually to over 3,000 customers across rail, transportation & logistics, consumer goods, infrastructure, building products, and other critical industries. Through its commitment to safety, customer service, and technology, 4Refuel has become the trusted partner for businesses requiring direct-to-equipment refueling. For more information, please visit About Finning Finning is the world's largest Caterpillar dealer, delivering unrivalled service to customers for over 90 years. Headquartered in Surrey, British Columbia , Finning provides Caterpillar equipment, parts, services, and performance solutions in Western Canada , Chile , Argentina , Bolivia , the United Kingdom , and Ireland . For more information, visit About H.I.G. Capital H.I.G. is a leading global alternative investment firm with $70 billion of capital under management.* Based in Miami , and with offices in Atlanta , Boston , Chicago , Los Angeles , New York , San Francisco , and Stamford in the United States , as well as international affiliate offices in Hamburg , London , Luxembourg , Madrid , Milan , Paris , Bogotá, Rio de Janeiro , São Paulo, Dubai , and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach: H.I.G.'s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses. H.I.G.'s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance. H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion . For more information, please refer to the H.I.G. website at *Based on total capital raised by H.I.G. Capital and its affiliates. Contact: Matt Kever Managing Director mkever@ H.I.G. Capital 1450 Brickell Avenue 31st Floor Miami, FL 33131 P: 305.379.2322
Yahoo
01-07-2025
- Business
- Yahoo
H.I.G. Capital Completes Acquisition of 4Refuel
MIAMI, July 1, 2025 /CNW/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $70 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of 4Refuel ("4Refuel" or the "Company"), a market leader in Mobile On-Site Refueling (MOR) services, from Finning International Inc. (TSX: FTT). The total purchase price of the transaction is up to CAD 400 million. Founded in 1995 and headquartered outside Toronto, Ontario, 4Refuel is led by an experienced management team that has built a leading platform across Canada, with a growing presence in Texas. Serving over 3,000 customers across a diverse range of sectors, 4Refuel provides mobile fueling solutions specializing in direct-to-equipment, on-site refueling, diesel exhaust fluid, and tank monitoring services. The Company delivers approximately one billion liters of fuel annually, through an expansive network of facilities and specialized vehicles. 4Refuel's commitment to exceptional service, safety, and technology has driven strong customer retention and satisfaction. Matt Kever, Managing Director at H.I.G., said, "4Refuel is a scaled, differentiated, technology-enabled platform operating in a mission-critical segment of the energy value chain. We are excited to partner with Larry and the 4Refuel team to accelerate growth through organic initiatives and strategic acquisitions, while continuing to deliver outstanding service and value to its customers." Larry Rodo, CEO of 4Refuel, added, "H.I.G. brings deep sector expertise and a proven playbook for value creation. We're excited to continue our mission of delivering best-in-class refueling services, while pursuing new opportunities to serve our customers across Canada and the U.S. We are grateful to our incredible team, who have built 4Refuel into the trusted brand it is today." Blake, Cassels & Graydon LLP and McDermott Will & Emery LLP served as legal counsel to H.I.G. Capital. About 4Refuel 4Refuel is a leading Mobile On-Site Refueling (MOR) provider in Canada and Texas. Founded in 1995, 4Refuel pioneered the MOR industry in Canada and has built a growing service network across 27 locations. The Company delivers approximately one billion liters of fuel annually to over 3,000 customers across rail, transportation & logistics, consumer goods, infrastructure, building products, and other critical industries. Through its commitment to safety, customer service, and technology, 4Refuel has become the trusted partner for businesses requiring direct-to-equipment refueling. For more information, please visit About Finning Finning is the world's largest Caterpillar dealer, delivering unrivalled service to customers for over 90 years. Headquartered in Surrey, British Columbia, Finning provides Caterpillar equipment, parts, services, and performance solutions in Western Canada, Chile, Argentina, Bolivia, the United Kingdom, and Ireland. For more information, visit About H.I.G. Capital H.I.G. is a leading global alternative investment firm with $70 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach: H.I.G.'s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses. H.I.G.'s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets. H.I.G. also manages a publicly traded BDC, WhiteHorse Finance. H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector. Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at *Based on total capital raised by H.I.G. Capital and its affiliates. Contact: Matt KeverManaging Directormkever@ H.I.G. Capital1450 Brickell Avenue31st FloorMiami, FL 33131P: View original content to download multimedia: SOURCE H.I.G. Capital View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
30-06-2025
- Business
- Associated Press
Energy Services of America Added to Russell 2000 and 3000 Index
HUNTINGTON, June 30, 2025 /PRNewswire/ -- Energy Services of America (Nasdaq: ESOA), today announced it has been added to the Russell 2000 and Russell 3000 index, effective at the start of trading on June 30, 2025. 'Being added to the Russell index is a great milestone for our company and reflects the ongoing hard work and dedication of our employees,' said Doug Reynolds, President and Chief Executive Officer of Energy Services of America. 'The Russell 2000 index is widely used as a screening tool for many small-cap focused investors, and we look forward to presenting our investment thesis to this audience over the coming months.' The Russell 2000 Index measures the performance of the small-cap segment of the US equity universe and is a subset of the broader-market Russell 3000 index. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. About Energy Services Energy Services of America Corporation (NASDAQ: ESOA), headquartered in Huntington, WV, is a contractor and service company that operates primarily in the mid-Atlantic and Central regions of the United States and provides services to customers in the natural gas, petroleum, water distribution, automotive, chemical, and power industries. Energy Services employs 1,000+ employees on a regular basis. The Company's core values are safety, quality, and production. View original content: SOURCE Energy Services of America Corporation
