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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AKRON, Ohio--(BUSINESS WIRE)---- $BW #cleanenergy--B&W has received two contracts to design and supply technologies to achieve reduced emissions and generate cleaner energy at a power plant in Asia.

B&W Continues Asia-Pacific Growth With $11 Million in Power Plant Emissions Control Contracts

AKRON, Ohio--(BUSINESS WIRE)---- $BW #decarbonization--B&W is providing its BrightGen™ technology to customers seeking a powerful hydrogen combustion solution for utility and industrial applications.

Babcock & Wilcox BrightGen™ Hydrogen Combustion Technology Provides Zero-Carbon Energy Generation

AKRON, Ohio--(BUSINESS WIRE)---- $BW #energystorage--B&W and NREL have signed an option agreement that gives B&W exclusive rights to negotiate a license agreement for advanced energy storage technology.

Babcock & Wilcox, NREL Sign Exclusive IP Option Agreement for Advanced, Renewable Energy Storage Technology

AKRON, Ohio--(BUSINESS WIRE)---- $BW #renewableenergy--Babcock & Wilcox Enterprises announces four-year senior financing facility; establishes new revolving credit facility and letter of credit.

Babcock & Wilcox Enterprises Announces Four-Year Senior Financing Facility

AKRON, Ohio--(BUSINESS WIRE)---- $BW #carboncapture--B&W will support Amager Resource Center's application for more than €120 million in European Union funding to build an advanced CO2 capture facility.

Babcock & Wilcox Assists Amager Resource Center's Application to E.U. to Fund Innovative Carbon Capture Project in Denmark

AKRON, Ohio--(BUSINESS WIRE)---- $BW #carboncapture--B&W is ready to provide its SolveBrightTM post-combustion regenerable solvent based solution to help customers reduce carbon dioxide emissions.

B&W SolveBright™ Technology Designed to Deliver Economical and Efficient CO2 Capture Across Range of Industries

AKRON, Ohio--(BUSINESS WIRE)---- $BW #renewableenergy--B&W Renewable has received a limited notice to proceed for a waste-to-energy project in Europe as it finalizes terms for a $24 million contract.

B&W Renewable Receives Limited Notice to Proceed for Engineering Portion of $24 Million Waste-to-Energy Project in Europe

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W announces agreement to exchange $73 million of secured term debt for preferred stock to significantly further reduce secured debt and net leverage

Babcock & Wilcox Enterprises Announces Agreement to Exchange $73 Million of Secured Term Debt for Preferred Stock

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AKRON, Ohio--(BUSINESS WIRE)---- $BW #carboncapture--Babcock & Wilcox announces its ClimateBright suite of revolutionary decarbonization technologies designed to combat climate change.

Babcock & Wilcox Announces ClimateBright™ Decarbonization Technologies Platform to Reduce Global Greenhouse Gas Emissions

AKRON, Ohio--(BUSINESS WIRE)---- $BW #BabcockWilcox--Babcock & Wilcox Enterprises, Inc. (NYSE: BW) to present at Jefferies Renewable Energy Conference on May 25, 2021.

Babcock & Wilcox Enterprises to Present at Jefferies Renewable Energy Conference on May 25, 2021

BW is repositioning itself as a renewable and environmental company, which has better growth prospects than its traditional thermal unit. It reported encouraging results, including positive EBITDA in all three segments.

Babcock & Wilcox: This Turnaround Play Has Legs

Babcock & Wilcox Enterprises, Inc. (BW) CEO Kenny Young on Q1 2021 Results - Earnings Call Transcript

Shares of Babcock & Wilcox (NYSE:BW) decreased 0.1% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share increased 69.44% year over year to ($0.22), which missed the estimate of ($0.01).

Recap: Babcock & Wilcox Q1 Earnings

AKRON, Ohio--(BUSINESS WIRE)---- $BW #BabcockWilcox--Babcock & Wilcox Enterprises, Inc. reports first quarter 2021 results.

Babcock & Wilcox Enterprises Reports First Quarter 2021 Results

AKRON, Ohio--(BUSINESS WIRE)---- $BW #BabcockWilcox--Babcock & Wilcox Enterprises, Inc. announces closing of $100 million offering of Series A Cumulative Perpetual Preferred Stock.

Babcock & Wilcox Enterprises Announces Closing of $100 Million Offering of Series A Cumulative Perpetual Preferred Stock

AKRON, Ohio--(BUSINESS WIRE)---- $BW #BabcockWilcox--Babcock & Wilcox Enterprises, Inc. prices $100 million offering of Series A Cumulative Perpetual Preferred Stock.

Babcock & Wilcox Enterprises Prices $100 Million Offering of Series A Cumulative Perpetual Preferred Stock

AKRON, Ohio--(BUSINESS WIRE)---- $BW #BabcockWilcox--Babcock & Wilcox Enterprises, Inc. announces proposed offering of $50 million of Series A Cumulative Perpetual Preferred Stock.

Babcock & Wilcox Enterprises Announces Proposed Offering of $50 Million of Series A Cumulative Perpetual Preferred Stock

AKRON, Ohio--(BUSINESS WIRE)---- $BW #BabcockWilcox--Babcock & Wilcox Enterprises, Inc. sets first quarter 2021 conference call and webcast for Thursday, May 13, 2021 at 8 a.m. ET.

Babcock & Wilcox Sets First Quarter 2021 Conference Call and Webcast for Thursday, May 13, 2021 at 8 a.m. ET

AKRON, Ohio--(BUSINESS WIRE)---- $BW #BabcockWilcox--Babcock & Wilcox Enterprises, Inc. releases preliminary first quarter 2021 results.

Babcock & Wilcox Enterprises Releases Preliminary First Quarter 2021 Results

AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W is continuing strategic growth into key regions and has been awarded international parts and service contracts totaling more than $24 million.

Babcock & Wilcox Continues Growth in Asia and Europe With More Than $24 Million in Global Parts and Service Orders

Babcock & Wilcox (BW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Babcock & Wilcox (BW) Moves 9.1% Higher: Will This Strength Last?

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AKRON, Ohio--(BUSINESS WIRE)---- $BW--B&W Thermal will supply and install replacement thermal technologies for a power plant in North America. The contract value is more than $20 million.

B&W Thermal Awarded $20 Million Technology Replacement Contract for North America Power Plant

AKRON, Ohio--(BUSINESS WIRE)---- $BW #BabcockWilcox--Babcock & Wilcox Enterprises, Inc. is to present at Gabelli Funds 7th Annual Waste & Environmental Services Symposium on March 18, 2021.

News for Babcock & Wilcox Enterprises Stock (BW)