PHILADELPHIA, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Harsco Corporation (NYSE: HSC) today reported fourth quarter 2022 results. The dividend was paid on January 31, 2023 to shareholders of record as of December 31, 2022. Our commercial team did an excellent job executing multiple new agreements, which along with organic growth from existing customers will contribute to an estimated 15% increase in fee-based, sustainable Gross Profit in 2023 and sets us up for continued growth in 2024 and beyond. This quarterly report represents an earnings surprise of -8.70%. We are excited to continue our long-standing investment in Kinetik, and we look forward to the Companys continued success as it lays the foundation for a very bright future., Ronald Schweizer, Chief Operating Officer - Americas of I Squared Capital, added, It is our view that the strategic initiatives announced by Kinetik today and over the last twelve months continue to create a solid foundation for the Company. Net Debt is defined as total long-term debt, excluding deferred financing costs, less cash and cash equivalents. endstream endobj 1812 0 obj <>/ProcSet[/PDF/Text]>>/Rotate 0/StructParents 0/Type/Page>> endobj 1813 0 obj <>/ProcSet[/PDF/Text]>>/Subtype/Form/Type/XObject>>stream Find elections. Employment and wage detail reports and payments must be submitted by 3 p.m. on or before January 31, 2023. Online Tax Calendar. If you are required to file a federal Form 1099-MISC, you must report specific information to us. Reduced Kinetiks floating interest rate exposure as a percentage of total current debt outstanding to less than 15% through April 2023 and approximately 40% thereafter. If you are a household employer, refer toHousehold Employersfor specific information. Apache, Blackstone, I Squared, and Management (collectively, the Core Shareholders ) have agreed to reinvest 100% of their 2023 dividends 7, which will help fund our capital program while also working towards our long-term 3.5x Leverage Target 2,8. WebCurrent quarter filing deadlines. Free Cash flow should not be considered as an alternative to the GAAP measure of net income including non-controlling interests or any other measure of financial performance presented in accordance with GAAP. 1941 0 obj <>stream Director, Division of Energy Assistance Web2023 Reporting Due Dates for Taxes, Fees and Reports Due dates on this chart are adjusted for Saturdays, Sundays and 2023 federal legal holidays. You're using Internet Explorer, some features might not work. The Companys 2022 compensation program was designed to tie 20% of all salaried employees at-risk pay, including executives, to specific ESG and safety related goals. The date format for reporting and making deposits is the last 2 digits of the year and then one digit for each quarter. To access the replay by telephone, dial (877) 344-7529 (Domestic) or (412) 317-0088 (International) and use passcode 1137418. A .gov website belongs to an official government organization in the United States. Reorganized executive leadership team to better align internal resources and operate more efficiently; key changes include: Strengthened Board of Directors with appointment of. Our fourth quarter results clearly demonstrate delivery against our strategy and plan, including solid sequential progress on margin recovery and operating Payments submitted after the 3 p.m. deadline may be considered received the next business day. for taxable qualified sick and family leave wages paid See Notes Regarding Presentation of Financial Information.. Net income (loss) including non-controlling interest for the three and twelve months ended December 31, 2021 was $(5.9) million and $1.5 million, respectively. This news release contains statements from certain Core Shareholders regarding future plans and expectations. HOUSTON & MIDLAND, Texas--(BUSINESS WIRE)--Feb 27, 2023--. Kinetik is headquartered in Midland, Texas and has a significant presence in Houston, Texas. These statements include, but are not limited to, statements about the Companys future plans, expectations, and objectives for the Companys operations, including statements about strategy, synergies, expansion projects and future operations, and financial guidance; the Companys share repurchase program and the projected timing, purchase price and number of shares purchased under such program, if at all; projected dividend amounts and the timing thereof; the Companys leverage and financial profile and its ability to improve its credit ratings; future plans and expectations of the Companys Core Shareholders. Committees that make contributions or expenditures (including independent expenditures) in connection with an election must also file a pre-election report, if the activity was not previously reported. Please copy your program specialist on the email submission. Financial Post Top Stories By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. If a checkbox does not appear please complete the following steps to complete your reply: If you have started accepting application, press Control+ Enter in cell B29 to add a Y beneath the Yes. Winds NNE at 10 to 15 mph.. A few clouds. (Usually due October 15, which falls on a weekend in 2022.) When the due date falls on a Saturday, Sunday, or legal holiday, the next business day is considered the last timely date. The Company expects to capture $50 million of Adjusted EBITDA 2 synergies in 2023 through additional compressor relocation projects, further system optimization, and installation of treating equipment at processing complexes. Pro forma information has been prepared for informational purposes only. For calendar year This information will be used to locate parents who fail to pay child support. For 2023, Kinetik has identified several strategies to progress its greenhouse gas and methane emission-related reduction goals through the application of technologies, best practices, increased training, and greater partnerships with key suppliers into emissions reduction. These data will inform the phase 3 trials for both influenza stand-alone and COVID-19-influenza combination vaccine candidates. In 2023, Novavax intends to focus the organization to align our investments and activities with our top priority of delivering an updated Covid-19 vaccine consistent with public health recommendations for strain composition for the 2023 fall vaccination season. All committees must file a Post-General Report. G!Qj)hLN';;i2Gt#&'' 0 If you paid no wages during a quarter, you are still considered an employer and required to file the DE 9 and the DE 9C. You can also contact the Taxpayer Assistance Center at 1-888-745-3886 or visit your localEmployment Tax Office. 1847 0 obj <>/Filter/FlateDecode/ID[<48C0147E5119694E8AC675BE98D72A78>]/Index[1807 135]/Info 1806 0 R/Length 132/Prev 844930/Root 1808 0 R/Size 1942/Type/XRef/W[1 2 1]>>stream When added to vaccines, Novavax's patented saponin-based Matrix-M adjuvant enhances the immune system response, making it broader, and more durable. A reporting period always begins the day after the closing date of the last report filed. SHETLEY (COSSAIRT), Judy Apr 8, 1944 - Feb 21, 2023, 'Fire in the belly': Carl Junction wrestlers ready for state, City of Joplin asked to front money for theater project parking, hotel demolition, Diamond girls beat Lamar, bring home first district title in 37 years, Probation granted in McDonald County domestic abuse case, Kimberly Zerkel: The one thing Joplin Union Depot wont be, Eagles tight end Hafer commits verbally to play football at Mizzou, Matt Miller breaks MSSU home-run record as Lions win slugfest, Diamond, Lamar meet for shot to end district-title drought, Joplin Health Department food inspections (Feb. 27). Initial results are expected mid-year 2023. 10-Q: Due Monday, May 15, 2023 for Quarterly Period Ended 03/31/23 Other Deadlines: 11-K: Due Tuesday, February 28, 2023 for Fiscal Year ended 11/30/22 24F-2: Due Tuesday, February 28, 2023 for Fiscal Year ended 11/30/22 5: Due Friday, March 17, 2023 for Fiscal Year ended 01/31/23 20-F: Due Wednesday, March 29, 2023 for Fiscal 1050 First Street, NE Payroll Tax Deposit (DE 88) is used to report and pay Unemployment Insurance (UI), Employment Training Tax (ETT), State Disability Insurance (SDI) withholding, and California Personal Income Tax (PIT) withholding to us. See Non-GAAP Financial Measures and Reconciliation of GAAP to Non-GAAP Measures for further details. Note: To avoid delays in processing, do not mail your DE 88ALL with the DE 9 and DE 9C. Quarter 2 report due 14 February 2023 (reporting period 1 October 2022 31 December 2022) The airlines said in a statement that this is due to "the robust demand for air travel continuing into the third quarter of FY2022/23, building on the momentum that began after Singapore relaxed its border restrictions in April 2022." Additionally, our Board has authorized a $100 million share repurchase program. ET on February 28, 2023 until 11:59 p.m. The expansion will add an incremental 120 MMcf/d of incremental processing capacity and is estimated to be in-service in April 2023. Throughout the year, we executed upon a number of strategic goals and priorities, while successfully mostly completing our merger integration, outperforming our synergy targets, and operating safely and reliably. In December 2022, 3M announced it will exit per- and polyfluoroalkyl substance (PFAS) manufacturing by the end of 2025. Although employer contributions for UI and ETT are due quarterly (same dates as the DE 9 and DE 9C), withholdings from employees wages for SDI and PIT may need to be deposited more often. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions. Record Year for Revenue and Profit Fourth Quarter Results Reflected Revenue Push-Outs due to Scheduling Changes Continued European Expansion Guiding to Increased Adjusted EBITDA in 2023 Reiterating 2024 For information on good cause, refer toInformation Sheet: Waiver of Penalty Policy(DE 231J) (PDF). Grant recipients that have not begun issuing benefits payments on behalf of households, only need to respond to sections III and IV (however, questions that are not applicable can be answered by inputting N/A). A quarter ago, it was expected that this company would post a loss of $0.23 per share when it Welch added, In 2023, we continue our focus on financial and capital allocation priorities. The independent contractor is an individual or sole proprietorship. WebFailure to timely file quarterly reports or make payments (when due) will result in penalty charges for late filing and/or late payment, and/or interest on the amount of tax due. Our business is subject to substantial risks and uncertainties, including those referenced above. "Manufactured Products fourth quarter 2022 revenue of $100 million was 7% higher than in the third quarter of 2022. Using e-Services for Business, selectNo to the question "Do you have payroll to report?" Quarterly Earnings 2022; 2021; 2020; 2019; 2018; 2022 2022; 2021; 2020; 2019; 2018; Quarterly Earnings 4Q 2022 Fourth-Quarter Earnings At the same time, our full year 2022 Capital Expenditures 5 were $284.0 million, near the bottom of our $280 million to $300 million revised guidance. Immediately implementing Board authorized Repurchase Program of up to $100 million of Kinetiks outstanding Class A Common Stock. 2022 Results Based on New 2023 Outlook Basis. In addition, your quarterly reports should not contain Pro Forma Distributable Cash Flow (Pro Forma DCF) is defined as Pro Forma Adjusted EBITDA, adjusted for the proportionate EBITDA from our equity method investments, cash distributions received from our equity method investments, interest expense, net of amounts capitalized and maintenance capital expenditures. Novavax Reports Fourth Quarter and Full Year 2022 Financial Results and Operational Highlights. Use lines 5a(i) and 5a(ii) only. Visit this page on your Smartphone or tablet, so you can view the Online Tax Novavax creates transformational vaccines that help address some of the worlds most pressing infectious diseases. Novavax has demonstrated its ability to quickly produce viable vaccine candidates for emerging infectious diseases such as COVID-19. Kinetiks financial information includes information prepared in conformity with generally accepted accounting principles (GAAP) as well as non-GAAP financial information. endstream endobj 1811 0 obj <>stream Statements herein relating to the future of Novavax, its near term priorities including delivering an updated vaccine for the 2023 fall vaccination season, streamlining its investment and organizational structure and building value for Novavax from its technology platform and Matrix-M adjuvant, its operating plans, objectives and prospects, including Novavax's ability to continue as a going concern within one year after the issuance date of the financial statements for the year ended December 31, 2022, its anticipated strategic plan, its future financial or business performance, conditions or strategies, its partnerships, the timing of clinical trial results, the ongoing development of NVX-CoV2373, and a bivalent or monovalent Omicron-based / original strain based vaccine, the CIC investigational vaccine candidate, a quadrivalent influenza investigational vaccine candidate, the scope, timing and outcome of future and pending regulatory filings and actions and additional worldwide authorizations of NVX-CoV2373 for use in adults and adolescents and as a booster, are forward-looking statements. The COVID-19-Influenza Combination (CIC) Vaccine Candidate Phase 2 Trial is a dose-confirming, randomized, observer-blinded trial evaluating the safety and effectiveness (immunogenicity) of different formulations of the CIC and influenza vaccine candidates in adults aged 50 through 80. Achieved annual net income 1 of $250.7 million and Pro Forma Adjusted EBITDA 2,3,4 of $822.2 million. For applicable taxes, Novavax provides this link as a service to website visitors. March 31, 2022 Credit Balance Reports Due April 30, 2022 This notice is a reminder that Medicare credit balance reports (CMS-838) for the quarter ending 3/31/2022 are due by 4/30/2022. To that end, the Company is announcing a new, highly strategic project that expands its natural gas system footprint across the stateline into Lea County, New Mexico. Due dates for combined deposits of SDI and PIT are based on an employers federal deposit schedule/requirement, seeDepositing TaxesinIRS Publication 15 (PDF),and the amount of accumulated PIT they have withheld. . Based on growth throughout the year within the Midstream Logistics segment and the expected in-service of the D Link and PHP Expansion projects in the fourth quarter of 2023, Kinetik expects to exit 2023 with approximately $900 million of annualized Adjusted EBITDA 2,6. Information has been prepared for informational purposes only income 1 of $ 100 million share repurchase program lines... Parents who fail to pay child support quarter of 2022. emerging infectious diseases such as COVID-19 financing. `` do you have payroll to report? government organization in the United States Debt, excluding financing! Above newsletter from Postmedia Network Inc not work diseases such as COVID-19 above from... 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