November 2026
This Week in Energy — November 12, 2026
U.S. distillate stocks increased and crude price averages fell. Summit approved a gas pipeline expansion, while Enbridge reported an October gathering acquisition and sanctioned an Alberta project.
HMM reports nine-month revenue and investment
The shipping company reported investment of 2.92 trillion won for the period ended September 30, 2026.
LG Innotek lifts nine-month operating profit
Revenue reached 17.4 trillion won in the nine months through September, led by camera modules.
Sumitomo Mitsui Trust swings net interest income to profit
Consolidated net interest income reached ¥75.58 billion in the first half of fiscal 2026 after a ¥27.85 billion loss a year earlier.
Banco do Brasil Publishes Third-Quarter 2026 MD&A
The Brazilian state-owned lender released its 3Q26 Management Discussion and Analysis covering net interest income, fees, capital and loans.
CPI-U Rises 0.4% in October After 0.6% September Gain
Shelter and food lifted the seasonally adjusted all-items index as energy cooled from September's spike.
Tetra Tech Closes Fiscal 2026 With Record Earnings
Fourth-quarter diluted earnings were a record $0.51 a share, and backlog reached $4.67 billion, up 13% from a year earlier.
Taysha Completes BLA-Enabling TSHA-102 Manufacturing Campaign
The company finished a PPQ run that met product and comparability criteria and said cash of $422.8 million funds operations into the second half of 2028.
T1 Energy Narrows Q3 2026 Loss, Sets Preliminary 2027 G1 Production Plan
The solar maker reported $196.6 million in third-quarter 2026 net sales and a $16.4 million Adjusted EBITDA loss after building 326 MW of module inventory for 2027 offtakes.
Spectrum Brands Fourth-Quarter Sales Reverse Prior Growth
Net sales fell 2.8% to $713.2 million as Home & Garden reversed a record third quarter, while adjusted EBITDA rose 10.3% to $69.9 million.
Fermi Signs 600 MW Hyperscaler Deal After Ending TensorWave Lease
An undisclosed investment-grade hyperscaler committed $200 million to start 600 MW at Project Matador in 2027 as Fermi posted a $141.6 million third-quarter loss.
EZCORP Pawn Loans Outstanding Reach a Record $402.8 Million
Fourth-quarter revenue rose 33% to $447.1 million as pawn loans outstanding hit $402.8 million and net income attributable to EZCORP increased 28% to $34.3 million.
EnerSys Misses Sales Range on Currency as Defense Grows
Second-quarter fiscal 2027 net sales were $949.9 million, 0.1% below the year-ago quarter and under the $955 million to $995 million range, while adjusted diluted EPS reached $3.22.
Aveanna Raises 2026 Revenue and Adjusted EBITDA Outlook
Third-quarter revenue reached $695.5 million as the home-care platform lifted full-year revenue guidance to greater than $2.695 billion.
Mentari Completes Merger with InMed and $490 Million Financing
The combined migraine-prevention biotech will trade on Nasdaq as Mentari with a pipeline built around PACAP biologics and a 2027 data slate.
Installed Building Products Completes $698 Million Old Dominion Deal
The insulation installer bought a mechanical and industrial installer that generated about $370 million in LTM revenue to lift commercial revenue to about 28% of the mix.
GCI Completes $310 Million Quintillion Fiber Acquisition
The Alaska communications provider closed its purchase of Q Gateway Intermediate Holdings to fold 1,800-plus miles of subsea and terrestrial fiber into a unified statewide network.
Komatsu to Buy Astec's Roadtec Unit for $75 Million
The sale of a loss-making road-paver unit is expected to lift Astec's adjusted EBITDA margin by about 200 basis points.
Ardent Health to Buy Boone Health in $47 Million Cash Deal
The healthcare operator will commit $200 million over 10 years to expand Mid-Missouri access and expects 6-8% Adjusted EBITDA accretion by year three.
CRE stress hits one loan, others stay mixed
Citizens & Northern booked a $10.1 million charge-off on a 2022 non-owner-occupied CRE loan while other community lenders posted uneven credit and concentration signals.
Regional banks book heavier commercial credit costs
BCB Bancorp, CF Bankshares, and Community Trust Bancorp posted larger provisions, charge-offs, or criticized balances in the periods each reported.
Stantec raises adjusted EPS growth target as quarterly profit increases
For the quarter ended September 30, net revenue rose 9.4%, and Stantec raised its adjusted EPS growth target to 17% to 19%.
Metalla Reports Lower Quarterly Operating Earnings
Nine-month royalty revenue rose to US$13.2 million as Metalla’s third-quarter operating earnings declined.
CGI reports higher quarterly earnings as revenue grows
Fiscal fourth-quarter revenue totaled C$4.15 billion, with adjusted net earnings rising 0.8%.
CAE raises earnings outlook after quarterly revenue falls
The company’s fiscal second-quarter earnings fell to C$0.18 a share from C$0.23 a year earlier.
Hanwha Ocean posts nine-month operating profit
Operating profit reached 1.66 trillion won in the first nine months of 2026.
Spire Restores Revenue Growth After Maritime Sale
Third-quarter sales were $18.0 million, up 42% from a year earlier, and $75 million to $80 million is the 2026 revenue outlook.
Sanuwave Q3 Ultramist System Sales Collapse After Proposed CMS Rule
Third-quarter revenue fell 24% to $8.6 million as Ultramist systems dropped to 40 units and the company swung to a $1.4 million net loss.
Sky Harbour Raises 2026 Revenue Outlook, Cuts Ebitda Range
The aviation infrastructure company lifted year-end 2026 revenue guidance to $44 million–$48 million after third-quarter sales rose about 45% from a year earlier.
Sally Beauty Restores Fourth-Quarter Comparable Sales Growth
Fourth-quarter net sales were $953 million and comparable sales rose 0.9% after a flat third quarter.
Satellogic Extends Positive Adjusted EBITDA Streak
Third-quarter revenue hit a record $16.0 million as Space Systems reached $9.5 million and Adjusted EBITDA turned positive for a second straight period.
Ovid's Third-Quarter Loss Widens as Clinical Spend Rises
The biopharmaceutical company posted a $20.8 million net loss, or $0.10 a share, as research and development expenses reached $15.7 million.
Olema's Third-Quarter Loss Widens as Late-Stage Trials Ramp
Olema reported a third-quarter 2026 net loss of $73.6 million, with cash, cash equivalents and marketable securities of $413.8 million as the company said it remained on track for OPERA-01 top-line data in the first quarter of 2027.
Energy Vault Affirms 2026 Revenue Outlook After Cash Rises
Third-quarter revenue was $13.1 million as the company kept 2026 sales guidance at $290 million to $310 million and issued preliminary 2027 revenue of $600 million to $700 million.
LightPath Backlog Reaches Record $132.9 Million
Revenue was $20.8 million in the fiscal 2027 first quarter, with assemblies and modules at 51% of sales and adjusted EBITDA at $1.3 million.
Gladstone Land Participation Rents Reverse Second-Quarter Loss
Adjusted FFO was $15.1 million, or $0.35 a share, after $16.8 million of participation rents as 2025 pistachio bonuses were recognized.
Bitmine's Ethereum Treasury Marks $6.2 Billion Unrealized Loss
Staking and validation generated $121.4 million of the $124.8 million in revenue for the fiscal year ended August 31, 2026.
Perma-Pipe to Take 51% of Welspun IFBE Coating JV
A Qatar subsidiary will buy a controlling stake in a newly formed Indian unit so the piping group can add internal fusion-bonded epoxy coating and a local platform for India and export work.
NovaGold to Consolidate 100% Ownership of Donlin Gold December 1
The arrangement consolidates 100% of Alaska’s Donlin Gold under a new Delaware parent after Paulson’s 40% stake is taken in an all-share deal.
IsoEnergy to Buy Premier American Uranium Stake in $4.6 Million Stock Deal
The uranium company will lift its Premier American Uranium holding to about 22% of outstanding shares as it deepens U.S. development and ISR exploration exposure.
IRT and Centerspace Shareholders Approve Merger With $8.1 Billion Combined Enterprise Value
Stockholders cleared the all-stock combination that would create a multifamily REIT with more than 44,000 units in non-gateway Sunbelt, Midwest and Mountain West markets.
SEC Push Led Enovis to Drop Inventory Cost Exclusion
Enovis agreed to stop excluding acquisition-related inventory charges from adjusted earnings, defended its royalty-buyout adjustment and expanded disclosures before SEC staff closed the review.
Exagen Reiterates 2026 Outlook After Slower Third-Quarter Growth
Third-quarter revenue was $18.4 million, up 7% from a year earlier, as year-over-year growth slowed from 16% in the second quarter.
Velo3D Postpones 2026 EBITDA Turn to 2028
Third-quarter revenue was $20.5 million, up 50% from a year earlier, as the company reaffirmed full-year sales of $65 million to $75 million.
Upstream Bio Completes Milestones Ahead of 2027 Phase 3 Start
Cash, cash equivalents and short-term investments stood at $207.4 million as of September 30, 2026, which the company said is expected to fund planned operations through 2027.
TriSalus Cuts 2026 Sales Outlook After TriNav Rebound
The company now sees full-year revenue of $46 million to $48 million after third-quarter TriNav sales of $12.9 million.
TransDigm Beats High End of Guidance on Sales and Ebitda
Fourth-quarter net sales were $2,988 million, and the company issued fiscal 2027 sales guidance of $11,950 million to $12,150 million.
Smart Sand Raises 2026 Volume Outlook After Sequential Sales Dip
Third-quarter revenue was $112.3 million as tons sold fell 4% from a second-quarter record, and the company now expects a 20% to 30% increase in 2026 sales volumes versus 2025.
Silicon Labs Posts First Quarterly GAAP Profit in 2026
Non-GAAP diluted earnings were $1.05 a share as revenue reached $251 million, up 22% from a year earlier.
Chicago Atlantic Adds Koach Notes, Lifts Distributable Earnings
Distributable earnings were $0.49 a share after the company began counting Koach Notes income that GAAP records in equity.