Babcock & Wilcox Enterprises

Babcock & Wilcox Enterprises, Inc. engages in the provision of fossil and renewable power generation and environmental equipment. It operates through the following segments: B&W Renewable, B&W Environmental, and B&W Thermal. The B&W Renewable segment supports a circular economy, diverting waste from landfills to use for power generation and replacing fossil fuels, while recovering metals and reducing emissions. The B&W Environmental segment focuses on systems for cooling, ash handling, particulate control, nitrogen oxides and sulfur dioxides removal, chemical looping for carbon control, and mercury control. The B&W Thermal segment offers steam generation equipment, aftermarket parts, construction, maintenance, and field services for plants in the power generation, oil and gas, and industrial sectors. The company was founded by George H. Babcock, Stephen Wilcox, Jr., and Joseph P. Manton in 1856 and is headquartered in Akron, OH.

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Babcock & Wilcox Enterprises reports record revenues, eyes clean energy

Babcock & Wilcox Enterprises (BW) delivered strong financial results in Q4 2022, setting revenue records and demonstrating resilience in the face of supply chain challenges.
The company's focus on clean energy solutions, strategic collaborations, and a robust project pipeline signal future growth potential and market leadership.
While challenges like supply chain disruptions and pricing adjustments exist, BW's commitment to sustainability and profitability positions it well for continued success.

Babcock & Wilcox Enterprises reports strong Q1 performance and strategic realignment

Babcock & Wilcox Enterprises delivered a strong Q1 performance with revenue growth and operational achievements, though facing challenges in certain segments like SweatyBetty and Sperry.
The company's focus on cost-saving initiatives, inventory management improvements, and strategic realignment post-Sperry divestiture position it well for future growth and efficiency.
Opportunities lie in optimizing gross margins, addressing short-term revenue declines, and leveraging international growth for sustained financial success and operational excellence.

Babcock & Wilcox Enterprises beats Q2 expectations, eyes growth opportunities

Babcock & Wilcox Enterprises (BW) delivered strong financial performance in Q2 2023, exceeding revenue and EBITDA expectations with double-digit growth.
The company is poised for significant backlog growth, driven by BrightLoop and solar projects, while focusing on cost optimization and achieving financial targets.
Challenges include EBIT impact uncertainties from backlog timing and balancing expenses for future growth against current EBITDA run rate.
Opportunities abound in new technologies, growth prospects for 2024, and continued focus on cost optimization and margin enhancement.

Babcock & Wilcox Enterprises reports strong Q3 performance and strategic realignment for growth

BW's Q3 performance reflects growth and profitability driven by aftermarket parts and strategic realignment. While facing challenges in backlog timing and cost management, the company is poised for growth through hydrogen projects and operational improvements. Opportunities lie in higher-margin businesses, cost savings, and reducing reliance on large projects for improved cash flow.

Babcock & Wilcox Enterprises reports revenue growth and strategic realignment

Babcock & Wilcox Enterprises (BW) showcased revenue growth and strategic initiatives to drive long-term profitability. Despite facing a net loss in 2023, the company aims to achieve cost savings and positive operating cash flow in 2024.
Efforts to focus on higher-margin businesses, reduce costs, and explore new opportunities position BW for future success. Collaborations with states and government entities offer avenues for growth in clean energy projects and technology advancements.

Babcock & Wilcox Enterprises exceeds Q1 revenue expectations, focuses on growth

BW's Q1 2024 performance showcased resilience and strategic financial management despite revenue declines and a loss per share.
The company's focus on liquidity, debt reduction, and Brightloop projects positions it well for future growth and profitability.
Challenges with revenue declines and debt levels persist, but opportunities in project progress and strategic implementation offer avenues for improvement.

BW reports strong Q2 results, focuses on energy innovation

BW's Q2 performance reflects strength in energy technologies and progress in decarbonization efforts.
While challenges like project execution and debt reduction exist, opportunities in market growth and innovation are promising.
The company's focus on operational efficiency and strategic growth bode well for future success.
Overall, BW's strong performance and strategic initiatives position them for continued growth and market leadership.

Babcock & Wilcox Enterprises anticipates strong growth in 2025

Babcock & Wilcox Enterprises (BW) reported Q3 2024 consolidated revenues of $209.9 million, with a focus on improving income from solar operations. The company is optimistic about future growth and financial performance.

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American Axle & Manufacturing Hlds

Lazydays

AXL, BW and LAZY have been added to the Zacks Rank #5 (Strong Sell) List on December 14, 2023.

New Strong Sell Stocks for December 14th

Babcock & Wilcox has taken a heavy beating in the market over the past year. Management is taking action to reverse the situation. With management actions, a very depressed share price, and quantitative factors signaling a recovery, I'm rating BW a Buy.

Babcock & Wilcox: Why This Old-Economy 'Falling Knife' Could Finally Turn Around

Babcock & Wilcox's stock has declined significantly this year, losing three-fourths of its market value and underperforming the benchmark. The company's backlog has decreased by nearly $200 million, but there are potential opportunities in the aftermarket business and cost savings from bidding on fewer new-build projects. The company's EBITDA profile is improving, with expected healthy annual growth through FY25. Additionally, their hydrogen projects could be a long-term revenue opportunity.

Babcock & Wilcox: A Contrarian Take

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W has been invited to participate at Janney Montgomery Scott's Inaugural Clean Energy Investment Symposium at Tulane University, December 5-6, 2023.

Babcock & Wilcox Enterprises to Participate at Janney Montgomery Scott's Inaugural Clean Energy Investment Symposium December 5-6, 2023

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Dr. Naomi Boness (Ph.D.) has been appointed to the Babcock & Wilcox Board of Directors, increasing the size of the Board to seven members.

Babcock & Wilcox Enterprises, Inc. Appoints Dr. Naomi Boness (Ph.D.) to Board of Directors

Babcock & Wilcox Enterprises, Inc. (BW) Q3 2023 Earnings Call Transcript

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. announced results for the third quarter of 2023 and information regarding its strategic business realignment.

Babcock & Wilcox Enterprises Reports Third Quarter 2023 Results and Announces Strategic Business Realignment

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. (NYSE:BW) expects to host a conference call and webcast on Thursday, November 9, 2023 at 5 p.m. ET.

Babcock & Wilcox Sets Third Quarter 2023 Conference Call and Webcast for Thursday, November 9, 2023 at 5 p.m. ET

AKRON, Ohio--(BUSINESS WIRE)---- $BW #energy--Babcock & Wilcox Enterprises, Inc. (“B&W”) (NYSE: BW) announced today that its Canadian subsidiary, Babcock & Wilcox Canada Corp. (“B&W Canada”), has been awarded a multi-year utility plant maintenance contract from Newfoundland and Labrador Hydro for its Holyrood Thermal Generating Station in Newfoundland, Canada, valued at nearly $11 million with customer options for additional work. The company will manage and execute maintenance services for the.

Babcock & Wilcox Canada Corp. Awarded Nearly $11 Million Power Plant Maintenance Contract

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W has been awarded contracts totaling more than $11 million to supply wet electrostatic precipitators and services for three industrial facilities.

Babcock & Wilcox Awarded Environmental Equipment Contracts for U.S. Industrial Facilities Totaling $11 Million

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W is scheduled to participate in the Lake Street Best Ideas Growth and D.A. Davidson Diversified Industrials & Services conferences in September.

Babcock & Wilcox Enterprises to Present at September Investor Conferences

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W Environmental will supply a SPIG air-cooled condenser system, which provides significant environmental benefits by eliminating cooling water.

Babcock & Wilcox Awarded $9 Million Contract for Cooling System for U.K. Waste-to-Energy Facility

Chart Industries

The agreement is a significant step towards developing Vietnam's first net zero industrial parks and mobilizes provincial action plans to support national decarbonization goals. HOUSTON , Aug. 16, 2023 /PRNewswire/ -- At a conference on the Master Plan Announcement and Investment Promotion of Long An Province, Vietnam, Energy Capital Vietnam (ECV), SaigonTel (HOSE: SGT), Allotrope Partners LLC, Chart Industries, Inc. (NYSE: GTLS), and Babcock & Wilcox (NYSE: BW) signed a cooperation agreement to develop Vietnam's first net zero industrial parks and advance its national carbon emissions goals.

Energy Capital Vietnam Signs Cooperation Agreement with SaigonTel and Allotrope Partners to Lead Green Infrastructure Development Alliance in Vietnam

Babcock & Wilcow Enterprises (BW) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of $0.01. This compares to earnings of $0.02 per share a year ago.

Babcock & Wilcow Enterprises (BW) Reports Q2 Loss, Tops Revenue Estimates

Babcock & Wilcox Enterprises, Inc. (NYSE:BW ) Q2 2023 Earnings Conference Call August 8, 2023 5:00 PM ET Company Participants Sharyn Brooks - Director of Communications Kenny Young - Chairman & Chief Executive Officer Lou Salamone - Chief Financial Officer Conference Call Participants Aaron Spychalla - Craig-Hallum Rob Brown - Lake Street Capital Markets Brent Thielman - D.A. Davidson Alex Rygiel - B.

Babcock & Wilcox Enterprises, Inc. (BW) Q2 2023 Earnings Call Transcript

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the second quarter of 2023.

Babcock & Wilcox Enterprises Reports Second Quarter 2023 Results

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox (B&W) (NYSE: BW) announced today that it has reached an agreement on a term sheet for General Hydrogen Corp., a CGI Gases subsidiary, to purchase net-negative carbon intensity hydrogen from a biomass-fueled facility utilizing BrightLoop™ technology being developed by B&W in Louisiana. As the exclusive partner within defined segments for the distribution of hydrogen produced at the plant, General Hydrogen would purchase and transport off.

Babcock & Wilcox, General Hydrogen Corp. Agree to Key Terms for Sale of Carbon-Negative Hydrogen and CO2 Produced from Biomass at Louisiana Plant

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Solar Energy, Inc., has been awarded EPC contracts totaling more than $20 million by Summit Ridge Energy, LLC.

Babcock & Wilcox Solar Energy, Inc. Awarded Community Solar Contracts Totaling $20 Million

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Project is first phase of an anticipated commercial project to retrofit power plant with biomass and decarbonization technologies to replace coal.

Babcock & Wilcox Awarded Contract to Study Bioenergy with Carbon Capture and Storage (BECCS) Conversion for Coal Power Plant in Michigan

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. expects to host a conference call and webcast on Tuesday, August 8, 2023 at 5 p.m. ET.

Babcock & Wilcox Sets Second Quarter 2023 Conference Call and Webcast for Tuesday, August 8, 2023 at 5 p.m. ET

Babcock & Wilcox Enterprises is a high-risk company with volatile shares, increasing debt, and potential for shareholder dilution. The company operates in the heavy electrical equipment industry, providing energy and emissions control solutions worldwide. Despite revenue growth and some positive developments, the lack of a dividend and poor financial performance make it a hold rating for retail value investors.

Little Incentive To Buy Babcock & Wilcox Enterprises, Inc.

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW), today announced that the Company is scheduled to participate in the following investor events in May: (i) the 23rd Annual B. Riley Institutional Investor Conference and (ii) the 20th Annual Craig-Hallum Institutional Investor Conference. 23rd Annual B. Riley Institutional Investor Conference / May 24-25, 2023 (Beverly Hills, CA) Kenneth Young, B&W's Chairman and Chief Executive Offi.

Babcock & Wilcox Enterprises to Present at May Investor Conferences

Babcock & Wilcow Enterprises (BW) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to loss of $0.11 per share a year ago.

Babcock & Wilcow Enterprises (BW) Reports Q1 Loss, Tops Revenue Estimates

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Revenues, bookings, backlog, and Adjusted EBITDA significantly improved compared to the first quarter of 2022 and exceeded Company expectations.

Babcock & Wilcox Enterprises Reports First Quarter 2023 Results

AKRON, Ohio--(BUSINESS WIRE)---- $BW--Black Hills Energy has selected B&W technology for a feasibility study of a proposed project to produce hydrogen from coal and capture CO2.

Babcock & Wilcox BrightLoop™ Hydrogen Generation Technology Selected by Black Hills Energy for Wyoming Clean Energy and CO2 Capture Project Development

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