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April 7

Salient Midstream reports NAV per share of $9.52 as of March 31, 2022 04/07 SMM Salient Midstream & MLP Fund provided a summary of unaudited statement of assets and liabilities and announced Net Asset Value as of March 31, 2022. On March 31, 2022, the Fund's total assets were $234.1 million and the NAV per share was $9.52. On March 31, 2022 the closing share price of the Fund was $8.24, which was trading at a 13.4% discount to the NAV. The Fund's NAV and market price total returns for the month of March were 10.1% and 11.9%, respectively, compared to 7.4% for the Alerian Midstream Energy Select Total Return Index. The Fund's NAV and market price total returns year-to-date were 28.8% and 23.7%, respectively, compared to 21.5% for the AMEIX.

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VAN BUY QUANTA PWR!

Shoals, Array seen as top beneficiaries from Biden's pause on new solar tariffs
Jun. 06, 2022 3:43 PM ET Shoals Technologies Group, Inc. (SHLS), ARRYTAN, MTZ, PWR
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Shoals Technologies (NASDAQ:SHLS) and Array Technologies (NASDAQ:ARRY) are the two stocks that likely will most directly benefit from President Biden's plan to support the solar industry, Truist analyst Bronson Fleig said on Monday, while nevertheless maintaining his Hold ratings and respective $16 and $8 price targets on the names.

Shoals (SHLS) +21.4% and Array (ARRY) +17.7%, both surging to their best levels since mid-March, have particularly high exposure to the U.S. utility-scale solar market.

Both companies recently noted a meaningful shift in consumer project schedules due to the impact from the federal investigation and solar panel availability, Fleig said.

Roth Capital upgraded Array (ARRY) to Buy from Hold with an $18 PT, hiked from $7, as the Biden administration's move provides improved visibility to the solar macro environment.

Roth raised estimates for Q3 core EPS and revenues to $0.14 and $340M from its prior outlook of $0.12 and $315M, Q4 core EPS and revenues to $0.19 and $358M from $0.15 and $319M, and FY 2023 core EPS and revenues to $0.82 and $1.7B from $0.56 and $1.4B.

Goldman Sachs said the news is positive for utilities with solar assets and energy services companies in the sector, including Quanta Services (PWR) and Mastec (MTZ), +2% and +4.9% respectively, as "two of the largest construction companies around U.S. solar."
 
Shoals Technologies narrows FY22 revenue view to $300M-$325M from $300M-$350M 05/16 SHLS Consensus $325.67M. Sees FY22 adjusted EBITDA $77M-$86M. Sees FY22 adjusted net income $45M-$53M. Show Related Items >>
 
Shoals Technologies reports Q1 adjusted EPS 5c, consensus 7c 05/16 SHLS Reports Q1 revenue $67.98M, consensus $70.38M. The company's backlog and awarded orders on March 31 were $302.3M, representing a new record for the company and an increase of 67% and 1% versus the same time last year and December 31, 2021, respectively. The increase in backlog and awarded orders reflects continued demand for the company's products. "Our results for the first quarter were in line with the outlook we provided earlier in the quarter despite an increasingly challenging environment for solar. Revenues and gross profit grew 49% and 40% versus the prior year's quarter, respectively, and represented new records for the Company. More importantly, our gross margins increased more than 550 basis points sequentially to 38.7%, reflecting a return to our historical margin profile as we anticipated. Adjusted EBITDA grew at a slower rate than our revenues and gross profit as a result of continued investment in SG&A to support our growth initiatives," said Jason Whitaker, CEO of Shoals.

Wow margins already high and now this.......
 
HELLO HELLO....

THOSE VIEWERS NETTED 10ONAZ points-! Everybody closes up shop on the big runs...
Including me $$$$$$.

Van! Solar tariff pause net negative for First Solar, says Wolfe Research 07:11 FSLR Wolfe Research analyst…
 
I have to take my car out and get inspected not as easy as you would think in NYC. I know a place but it's 10th ave...

Walmart has warned (again)

TED-- I was right yesterday about Apple's affect on the chipmakers. Apple has left Intel in the dust! Their new chips far superior. Freakin' Apple...
 
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