This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
AT&T has more legacy assets that reach people's homes, while Verizon's business has been more focused on wireless assets for more than two decades. What wasn't quantified was any lead contamination levels, liability for either company, or what the mitigation might be. Now what Today's action is a fear sell-off at its finest.
Two additional key performance indicators that management will be discussing on this call are net asset value, or NAV, and return on equity, or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per share basis. We've also continued to produce positive results for our asset management business.
Our Midland Gathering system has premier assets in the heart of the Midland Basin. It's an attractive asset that provides a growth engine of our Midland midstream operation. The increase was primarily due to higher throughput from Delek Logistics Permian Basin assets. Are there opportunities to bolt on some assets?
Barrick's continuing investment in its future and its ability to uncover and unlock the value opportunities embedded in its global asset portfolio has positioned us ideally both to capitalize on the current market fundamentals, as well as to continue to thrive throughout the future cycles, which are inevitable.
Our opportunity is to more effectively standardize and apply bestpractices to create additional value for our customers and shareholders. Third, we're reorganizing our utility structure to group by commodity to drive bestpractices throughout our network. We expect to have approximately $1.7 billion to $1.8
Asset under management flows were $25 billion in the quarter. This is a great example of bestpractices being shared across the scale of our company. On a reported basis, our return on average assets was 83 basis points, and return on tangible common equity was 12.7%. billion or $14 billion.
Michele Reber -- Senior Director, Asset Management Thank you, and good morning. However, longer term, we believe all these assets, but in particular Maplewood, are well-positioned to generate reliable and growing cash flows and related rent. These repayments stemmed from the previously disclosed LaVie asset sales and transitions.
Two additional key performance indicators that management will be discussing on this call are net asset value, or NAV, and return on equity, or ROE. NAV is defined as total assets minus total liabilities and is also reported on a per-share basis. We appreciate your participation in this morning's call.
Our Tricolor strategy will improve the efficiency and asset utilization of the entire FedEx system. One, it improves our density, improves our asset utilization, and expands margins. On the LTL piece, Raj, just want to get a sense, does this include a spin or sale of the assets? That's a fundamental restructuring of our network.
The combination of our assets and our strategy creates a growth flywheel for Intuit to accelerate penetrating our $300 billion in TAM. The short answer is we capture bestpractices and share the insights on a daily basis across our teams. A big -- large part of it is what the key bestpractices are, learnings are.
If you're going to use up your balance sheet, you want to have the ability with whatever asset you acquire, it could be a hard asset. But this is one of the first times I've seen a board level perspective on this, where we're starting to think a little bit more about corporate liability. That's what a lot of the piece got into.
Our technical and operational excellence paired with a high-quality asset portfolio continued to deliver value across our businesses. Last week, we further strengthened our portfolio through the addition of CrownRock's assets in the Midland Basin. Our teams delivered strong operational performance during the second quarter.
And we also recently announced several asset sales as part of our ongoing portfolio optimization efforts. We've successfully combined the two companies, taking bestpractices from both and applying them across our shale and tight portfolio. In September, the FTC completed its review of the company's merger with Hess.
KFC gathered marketing leaders, franchise partners, and vendors from around the world to share bestpractices and consumer insights to keep our iconic brand R.E.D, In the next phase, we are focused on maximizing the value creation potential of our platforms through AI and leveraging our extensive data assets. Operator Thank you.
And just wondering how you anticipate or if you anticipate the same type of efficiency as once you take over the Endeavor assets? And so, as we incorporate after close the new assets from Endeavor, I fully anticipate our operations organization combined with Endeavor's operations organization will be able to continue these results.
The assets are strategically located near our existing Permian footprint in the liquids-rich Midland Basin. We've generated over $1 billion from asset dispositions toward our previously announced target of more than $3 billion. We had strong cash flow aided by working capital and proceeds from asset dispositions.
In Q2 '24, we continue to make strides managing our cost structure, expanding our asset-light logistics network, and taking a disciplined approach to marketing spend. More importantly, as a key part of our asset-light strategy, these warehouses are rented, not owned, which limits the impact on our balance sheet. Capex in Q2 '24 was $0.7
Providing more financial security: A high-value business can provide you with more financial security and stability, as you’ll have more assets and resources to weather economic downturns, pay off debts, and invest in growth opportunities.
This partnership attributed a very attractive valuation for our ETM business, which shows that our partners recognize the value generation potential of our assets and how uniquely positioned they are. Sales volumes and byproducts helped increase our EBITDA by $154 million as a result of initiatives to improve asset reliability.
Real estate makes up about 12 per cent of the Teachers’ investment portfolio, with assets valued at $29.3-billion Teachers’ manages $250-billion of assets for more than 336,000 working and retired teachers in Ontario, with investments in public markets through stocks and bonds, as well as privately-owned assets.
I'm excited to see the results from teams sharing bestpractices. These results tie back to three key factors: our premier asset portfolio, a talented and value-focused organization; and third, a disciplined capital program designed to optimize returns throughout the cycle. And with that, I'll now turn the call over to Clay.
We've complimented the acquisition of these target assets with select high-quality independent tower provider portfolios, smaller tech and portfolios, and build-to-suit sites, which taken together, represent meaningful scale. And we've seen these factors come together to result in significant value creation on our assets.
This includes embedding retail bestpractices across the enterprise and ensuring we have the right organizational structure in place to enable our future success. And that's an extremely powerful differentiator and asset that we have. As we stated on last quarter's call, we are focused on three priority areas.
The Strata Copilot trained on nearly 50,000 vetted sources, leverages bestpractices to help guide customers to faster decisions and help accelerate remediation. We saw an opportunity to acquire high-quality scarce asset and be first to natively integrate a secure browser into a SASE offering.
Our most valuable asset that has allowed Hecla to grow and thrive is our people. Second is the quality of our assets, the solid foundation of long reserve lives, low-cost silver operations with great geologic potential in the best mining jurisdictions. So the geologic potential at Keno Hill is significant.
Holcim's predictive maintenance program monitors a large number of assets and will generate significant yearly economic value in reduced maintenance costs and production increases. Another reason why these LLMs are not being installed has to do with IP liability. Unbounded liability is a problem for Bank of America.
In the quarter, we once again set production records from our advantaged assets in Guyana in the Permian. Can you build on some of your comments around, one, how is the asset performing from a volume and type curve perspective relative to expectations? The Pioneer acquisition increases that even further. million barrels per day.
SentinelOne leads the industry with best-in-class AI-powered security and customer transparency. Mission-critical businesses around the world rely on our technology, platform architecture, and engineering bestpractices. This was an avoidable incident that was born under disregard for software deployment bestpractices.
Quarter after quarter, we have delivered outstanding operational performance in our core assets while also driving forward progress in our emerging plays. However, we will continue to pursue a balanced development approach with this asset, which includes operating a full rig program throughout the year. billion capital plan.
Finally, we've made significant strides in expanding our servicing portfolio, a strategic asset that complements our origination business. We're also able to leverage our own data and bestpractice documentation to assist our engineering teams and to provide an easily accessible natural language interface over our data analytics platform.
As we look across the business, we have built scaled assets that drive value for our customers, address the challenges in our healthcare system, and help shape the future of care. We remeasured the net assets to fair value less the cost to sell. In September, we announced an agreement to sell our Canada-based Rexall and Well.ca
Turning to Slide 9, with Lucky Friday back to full production and the Keno Hill ramp-up going well, I'll speak a little bit about our financial priorities in 2024, which are hinged on the fact we have these great silver assets, which have generated over $600 million in free cash flow since 2020. To the entire team, continued best of luck.
The pension fund’s total net assets stood at $249.8 Chief investment officer Ziad Hindo says the fund saw positive returns across multiple asset classes including public and private equities, infrastructure, and credit over the first six months of the year. Net assets are $249.8 per cent for the first six months of the year.
Teachers framed the change as a way to create a more consistent approach to investing in real estate that better matches the model it uses for other asset classes such as infrastructure and private equity. Teachers’ real estate portfolio is now worth $28-billion and makes up 12 per cent of its $247-billion in assets.
we call it CBNA, which is our largest banking vehicle with approximately 70% of our assets. Security services was up 10% with new client onboarding, deepening with existing clients, and market valuations, helping increase our assets under custody by a preliminary 9%. Our asset mix also reflects our strong risk appetite framework.
Surmont is a long life, low decline, and low capital intensity assets that we know very well. So in conclusion, our deep and our durable and diversified asset base continues to get better and better. Now as Ryan mentioned, Surmont is a long-life asset. Moving to cash flows. Second-quarter CFO was $4.7
We continue to make progress on the remaining leases and expect to have entered settlement agreements with landlords for substantially all remaining lease liabilities by the end of the year. Impairment of goodwill and other assets was $4.5 Impairment of goodwill and other assets was $4.5 The company has paid approximately $16.1
While our company has an impressive collection of assets, technology, and people, it's clear that we need to sharpen our execution and accelerate our performance. Other income decreased $51 million year to year, driven primarily by a decline in noncash pension income, lower gains on asset sales, and foreign exchange. sequentially.
Of course, we'll also continue to invest in our physical assets, positioning us for continued future growth. As I described in our call three months ago, store teams this year have been focused on reinforcing bestpractices that support the retail fundamentals Christina highlighted earlier.
The model is asset light, with Xponential receiving a revenue share from the master but carrying minimal corresponding SG&A, given that the studio SG&A and capex is fully funded by the master franchisee. Within SG&A, the largest liability we continue to work through is our commercial leases. million for the fourth quarter.
To start, our consistent investment in maintaining and enhancing our theaters over time, which we have performed at sustained levels that significantly exceed our peers, has positioned our company with the largest collection of high-quality assets in our markets. How do you think about valuing assets out there relative to your own stock?
As I'll show you through my presentation, our focus on Tier 1 assets has delivered a peerless gold portfolio with meaningful potential for further growth, matched only by the significant ramp-up of our copper business over the next four years. Finding brownfields reserves really does sweat the assets, sweat your capital.
Gross assets under management 3 grew to $233.0 billion in gross assets under management, as of March 31, 2023. 3 Gross assets under management are shown net of leverage issued by QuadReal Property Group and include clients’ investment liabilities achieved through government bond repurchase agreements managed by BCI’s funding program.
Business transformation initiatives range from optimizing services across our portfolio of assets to establishing new tools to improve use of steam and energy. In addition, we just closed on a $260 million acquisition of West Coast marketing assets. The overall competitiveness of the asset is strong. per barrel.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content