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FINWIRES

Earnings Flash (MPC) Marathon Petroleum Posts Q1 Revenue $34.57B, vs. FactSet Est of $33.42B

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Equities

Sector Update: Energy

Energy stocks were lower premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) retreating 0.2%.The United States Oil Fund (USO) fell by 1.8%, while the United States Natural Gas Fund (UNG) fell by 0.5%.Front-month US West Texas Intermediate crude oil was down 2.4% to $103.85 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil declined 1.6% to $112.63 per barrel, and natural gas futures were 1.3% lower at $2.83 per 1 million British Thermal Units.Enlight Renewable Energy (ENLT) stock rose more than 4% before the opening bell after the company reported higher-than-expected Q1 earnings and revenue.

$ENLT$UNG$USO$XLE
Research

Research Alert: Kkr & Co., Inc. Reported Solid Q1 2026 Results

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:KKR delivered strong Q1 2026 results with operational earnings of $1.47/share, up 19% Y/Y, and Fee Related Earnings of $1.0B ($1.13/share), up 24% Y/Y, driven by 30% growth in management fees to $1.2B. Total AUM reached $758B, up 14% Y/Y, with fee paying AUM of $615B, up 17% Y/Y. We believe the firm's $286B in carry eligible AUM above cost provides sustainable earnings potential, while broad-based performance showed PE up 10% LTM and solid gains across Real Assets and Credit segments. The strategic acquisition of Arctos Partners adds $16B in sports-focused AUM and establishes KKR Solutions as a new business line. We view KKR's $22B quarterly deployment activity and $97B LTM capital invested as evidence of strong market positioning. The firm maintains a robust balance sheet with $13.0B in cash and investments, while returning significant capital through a 5% dividend increase to $0.195/share and $317M in share repurchases, supported by an enhanced automatic buyback program.

$KKR
Mining & Metals

Mineros Secures Environmental Certification for Porvenir Processing Plant, Tailings Storage Facility

Mineros SA (MSA.TO) has secured environmental certification from the Attorney General's Office in Nicaragua for the processing plant and tailings storage facility at the Porvenir operation, the company said Tuesday.The company is currently focused on advancing other permits, including specific forest management and treated wastewater discharge authorizations, to commence construction.Mineros expects to complete submission of forest management authorization documentation by the end of the second quarter, with approvals anticipated by the end of the fourth quarter.Mineros is also evaluating accelerating the project timeline, including potentially commencing detailed engineering, following the "robust" results of a preliminary feasibility study in March.The company plans to provide updated guidance on a construction timeline and capital requirements in late 2026.

$MSA.TO