Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Tuesday, June 20 to coincide with the quarterly rebalance. The U.S. equity markets will be closed on Monday, June 19 in observance of the Juneteenth holiday. The changes ensure each index is more representative of its market capitalization range. All companies moving to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies moving to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.

Palo Alto Networks Inc. (NASD:PANW) will replace DISH Network Corp. (NASD:DISH) in the S&P 500, and DISH Network will replace Cutera Inc. (NASD:CUTR) in the S&P SmallCap 600.
Doximity Inc. (NYSE:DOCS), Berry Global Group Inc. (NYSE:BERY), BWX Technologies Inc.DISH (NYSE:BWXT), Planet Fitness Inc. (NYSE:PLNT), Crown Holdings Inc. (NYSE:CCK), Dropbox Inc. (NASD:DBX), Graphic Packaging Holding Co. (NYSE:GPK), Ovintiv Inc. (NYSE:OVV), ZoomInfo Technologies Inc. (NASD:ZI) and WESCO Intl Inc. (NYSE:WCC) will replace Dana Inc. (NYSE:DAN), John Wiley & Sons Inc. (NYSE:WLY), Sunpower Corp. (NASD:SPWR), Ingevity Corp. (NYSE:NGVT), Fulton Financial Corp. (PA) (NASD:FULT), Douglas Emmett (NYSE:DEI), Victoria's Secret & Co. (NYSE:VSCO), Macerich Co. (NYSE:MAC), SiTime Corp. (NASD:SITM), and Navient Corp. (NASD:NAVI) respectively in the S&P MidCap 400. All constituents being removed from the S&P MidCap 400 will be added to the S&P SmallCap 600 replacing PetMed Express Inc. (NASD:PETS), Comtech Telecommunications Corp. (NASD:CMTL), Eagle Pharmaceuticals Inc. (NASD:EGRX), Children's Place Inc. (NASD:PLCE), Rayonier Advanced Materials Inc (NYSE:RYAM), LivePerson Inc. (NASD:LPSN), Gannett Co Inc. (NYSE:GCI), DMC Global Inc. (NASD:BOOM), Genesco Inc. (NYSE:GCO), and Zumiez (NASD:ZUMZ) respectively.
Artisan Partners Asset Management Inc. (NYSE:APAM), California Resources Corp. (NYSE:CRC), CarGurus Inc. (NASD:CARG), Moelis & Co. (NYSE:MC), Phillips Edison & Company Inc. (NASD:PECO), Schrodinger Inc. (NASD:SDGR), and UFP Technologies Inc. (NASD:UFPT) will replace LendingTree Inc. (NASD:TREE), Tredegar Corp. (NYSE:TG), Inogen Inc. (NASD:INGN), Douglas Elliman Inc. (NYSE:DOUG), FARO Technologies Inc. (NASD:FARO), Cara Therapeutics Inc. (NASD:CARA) and Big Lots Inc. (NYSE:BIG) in the S&P SmallCap 600.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name	Action	Company Name	Ticker	GICS Sector
June 19, 2023	S&P 500	Addition	Palo Alto Networks	PANW	Information Technology
	S&P 500	Deletion	DISH Network	DISH	Communication Services
June 19, 2023	S&P MidCap 400	Addition	Berry Global Group	BERY	Materials
	S&P MidCap 400	Addition	BWX Technologies	BWXT	Industrials
	S&P MidCap 400	Addition	Crown Holdings	CCK	Materials
	S&P MidCap 400	Addition	Doximity	DOCS	Health Care
	S&P MidCap 400	Addition	Dropbox	DBX	Information Technology
	S&P MidCap 400	Addition	Graphic Packaging Holding	GPK	Materials
	S&P MidCap 400	Addition	Ovintiv	OVV	Energy
	S&P MidCap 400	Addition	Planet Fitness	PLNT	Consumer Discretionary
	S&P MidCap 400	Addition	WESCO Intl	WCC	Industrials
	S&P MidCap 400	Addition	ZoomInfo Technologies	ZI	Communication Services
	S&P MidCap 400	Deletion	Dana	DAN	Consumer Discretionary
	S&P MidCap 400	Deletion	Douglas Emmett	DEI	Real Estate
	S&P MidCap 400	Deletion	Fulton Financial (PA)	FULT	Financials
	S&P MidCap 400	Deletion	Ingevity	NGVT	Materials
	S&P MidCap 400	Deletion	John Wiley & Sons	WLY	Communication Services
	S&P MidCap 400	Deletion	Macerich	MAC	Real Estate
	S&P MidCap 400	Deletion	Navient	NAVI	Financials
	S&P MidCap 400	Deletion	SiTime	SITM	Information Technology
	S&P MidCap 400	Deletion	Sunpower	SPWR	Industrials
	S&P MidCap 400	Deletion	Victoria's Secret & Co	VSCO	Consumer Discretionary
June 19, 2023	S&P SmallCap 600	Addition	Artisan Partners Asset Mgt	APAM	Financials
	S&P SmallCap 600	Addition	California Resources	CRC	Energy
	S&P SmallCap 600	Addition	CarGurus	CARG	Communication Services
	S&P SmallCap 600	Addition	Dana	DAN	Consumer Discretionary
	S&P SmallCap 600	Addition	DISH Network	DISH	Communication Services
	S&P SmallCap 600	Addition	Douglas Emmett	DEI	Real Estate
	S&P SmallCap 600	Addition	Fulton Financial (PA)	FULT	Financials
	S&P SmallCap 600	Addition	Ingevity	NGVT	Materials
	S&P SmallCap 600	Addition	John Wiley & Sons	WLY	Communication Services
	S&P SmallCap 600	Addition	Macerich	MAC	Real Estate
	S&P SmallCap 600	Addition	Moelis & Co	MC	Financials
	S&P SmallCap 600	Addition	Navient	NAVI	Financials
	S&P SmallCap 600	Addition	Phillips Edison & Co	PECO	Real Estate
	S&P SmallCap 600	Addition	Schrodinger	SDGR	Health Care
	S&P SmallCap 600	Addition	SiTime Corp	SITM	Information Technology
	S&P SmallCap 600	Addition	Sunpower Corp	SPWR	Industrials
	S&P SmallCap 600	Addition	UFP Technologies	UFPT	Health Care
	S&P SmallCap 600	Addition	Victoria's Secret & Co	VSCO	Consumer Discretionary
	S&P SmallCap 600	Deletion	Big Lots	BIG	Consumer Discretionary
	S&P SmallCap 600	Deletion	Cara Therapeutics	CARA	Health Care
	S&P SmallCap 600	Deletion	Children's Place	PLCE	Consumer Discretionary
	S&P SmallCap 600	Deletion	Comtech Telecommunications	CMTL	Information Technology
	S&P SmallCap 600	Deletion	Cutera	CUTR	Health Care
	S&P SmallCap 600	Deletion	DMC Global	BOOM	Energy
	S&P SmallCap 600	Deletion	Douglas Elliman	DOUG	Real Estate
	S&P SmallCap 600	Deletion	Eagle Pharmaceuticals	EGRX	Health Care
	S&P SmallCap 600	Deletion	FARO Technologies	FARO	Information Technology
	S&P SmallCap 600	Deletion	Gannett Co	GCI	Communication Services
	S&P SmallCap 600	Deletion	Genesco	GCO	Consumer Discretionary
	S&P SmallCap 600	Deletion	Inogen	INGN	Health Care
	S&P SmallCap 600	Deletion	LendingTree	TREE	Financials
	S&P SmallCap 600	Deletion	LivePerson	LPSN	Information Technology
	S&P SmallCap 600	Deletion	PetMed Express	PETS	Consumer Discretionary
	S&P SmallCap 600	Deletion	Rayonier Advanced Materials	RYAM	Materials
	S&P SmallCap 600	Deletion	Tredegar	TG	Materials
	S&P SmallCap 600	Deletion	Zumiez	ZUMZ	Consumer Discretionary

For more information about S&P Dow Jones Indices, please visit www.spdji.com

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com .

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content: https://www.prnewswire.com/news-releases/palo-alto-networks-set-to-sp-500-others-to-join-sp-midcap-400-and-sp-smallcap-600-301841701.html

SOURCE S&P Dow Jones Indices

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OVV

Streamplay Studio Enters into Agreement to Acquire North American Indie Gaming Leader, Noodlecake Studios

Streamplay Studio Limited (“Streamplay” or the “Company”) (ASX: SP8), is pleased to announce that it has entered into a binding Share Sale Agreement (“SSA”) to acquire 100% of Noodlecake Studios Inc. (“Noodlecake”), a profitable North American indie gaming company headquartered in Canada, from its parent company Zplay (HK) Technology Co. Limited (“Zplay”). The addition of Noodlecake aligns with Streamplay’s strategic direction, including the recent appointment of Silicon Valley tech advisor Paolo Privitera (ASX: 8 October 2024) to the board of directors, strengthening the Company’s North American and global gaming footprint.

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Ovintiv Prices Offering of Senior Notes

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) (the "Company") today announced that it has priced an offering (the "Notes Offering") of $600,000,000 in aggregate principal amount of 5.650% senior notes due 2025 (the "2025 Notes"), $700,000,000 in aggregate principal amount of 5.650% senior notes due 2028 (the "2028 Notes"), $600,000,000 in aggregate principal amount of 6.250% senior notes due 2033 (the "2033 Notes") and $400,000,000 in aggregate principal amount of 7.100% senior notes due 2053 (the "2053 Notes", and together with the 2025 Notes, the 2028 Notes and the 2033 Notes, the "Notes"). The price to the public for the Notes is 99.994% of the principal amount for the 2025 Notes, 99.973% of the principal amount for the 2028 Notes, 99.793% of the principal amount for the 2033 Notes and 99.796% of the principal amount for the 2053 Notes.

News Provided by Canada Newswire via QuoteMedia

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Ovintiv Announces Release of 2022 Sustainability Report

Ovintiv Inc. (NYSE: OVV) (TSX: OVV) today released its 2022 Sustainability Report, highlighting its progress and performance on several key sustainability initiatives related to emissions reductions, social responsibility and corporate governance.

"Ovintiv continues to drive real and measurable environment, social and governance progress," said Ovintiv President and CEO Brendan McCracken . "We strive to be a leader in disclosure, having published a sustainability report and key performance metrics data since 2005. Our results demonstrate our commitment to continuous improvement and the power of harnessing technology and our culture of innovation to drive strong performance outcomes. We are whole-heartedly proud to produce the safe, affordable, secure, and reliable energy the world needs, both profitably and sustainably."

Key highlights of Ovintiv's 2022 sustainability achievements:

Achieved a greater than 30% reduction in Scope 1 & 2 greenhouse gas emissions intensity since 2019; progressing toward a targeted 50% reduction by 2030
Continued full alignment with the World Bank Zero Routine Flaring Initiative
Implemented industry-leading family leave policy
Progressed Board renewal efforts with the addition of one new Board member
Introduced a second safety metric to the Company's compensation program
Committed to disclose extensive gender equality information, leading to the Company's inaugural inclusion in the Bloomberg Gender Equality Index

Ovintiv recently announced an acquisition that will see the Company roughly double both its oil production and its premium inventory in the Permian Basin. The transaction is expected to be accretive across a number of key financial metrics and inventory life while maintaining the Company's investment grade balance sheet. While Ovintiv anticipates a brief period of integration of the new assets, the Company remains committed to its Scope 1 & 2 emissions reduction target.

Ovintiv's sustainability report can be found on the Company's website at https://sustainability.ovintiv.com/

ADVISORY REGARDING FORWARD-LOOKING STATEMENTS – This news release contains certain forward-looking statements or information (collectively, FLS) within the meaning of applicable securities legislation, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements that relate to the anticipated future activities or expectations of the Company are FLS. FLS in this news release include, but are not limited to: expectations of plans, strategies and objectives of the Company, including planned ESG initiatives; the anticipated success of, and benefits from, technology and innovation; the ability of the Company to meet and maintain certain targets, including with respect to emissions-related and ESG performance. FLS involve certain assumptions and are subject to both known and unknown risks and uncertainties, many of which are beyond our control. These assumptions include: the assumptions contained herein; data contained in key modeling statistics; and expectations and projections made in light of the Company's historical experience. Risks and uncertainties include: our ability to generate sufficient cash flow to meet obligations; commodity price volatility; uncertainties, costs, and risks involved in our operations, including hazards and risks incidental to the drilling, completion, production and transportation of oil, natural gas and natural gas liquids; ability to secure adequate transportation and storage for oil, natural gas and natural gas liquids; potential curtailments of gathering, transportation or refining operations, including resulting storage constraints or widening price differentials; business interruption, property and casualty losses or unexpected technical difficulties; counterparty and credit risk; impact of changes in credit rating and access to liquidity, including costs thereof; risks in marketing operations; risks associated with technology; risks associated with lawsuits, governmental regulations and regulatory actions, including disputes with partners and our ability to timely obtain environmental or other necessary permits; our ability to acquire or find additional reserves; imprecision of reserves estimates and estimates of recoverable quantities; and other risks and uncertainties as described in the Company's Annual Report on Form 10- K, Quarterly Report on Form 10-Q and as described from time to time in its other periodic filings as filed on EDGAR and SEDAR. The above assumptions, risks and uncertainties are not exhaustive. Actual future results may vary materially and adversely from those expressed or implied in our FLS and such statements may not occur. Although the Company believes such FLS are reasonable, FLS should be understood to be only predictions and statements of our current beliefs; they are not guarantees of performance. FLS are made as of the date hereof and, except as required by law, the Company undertakes no obligation to update or revise any FLS.

Further information on Ovintiv Inc. is available at www.ovintiv.com , or by contacting:

Investor contact: (888) 525-0304
investor.relations@ovintiv.com

Media contact: (403) 645-2252

View original content to download multimedia: https://www.prnewswire.com/news-releases/ovintiv-announces-release-of-2022-sustainability-report-301822206.html

SOURCE Ovintiv Inc.

View original content to download multimedia: https://www.newswire.ca/en/releases/archive/May2023/11/c9376.html

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Green hydrogen renewable energy production facility.

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Hydrogen, particularly green hydrogen, is taking center stage in the global push towards decarbonization. Unlike its counterparts — blue and grey hydrogen — green hydrogen is produced using renewable energy sources, resulting in zero carbon emissions. This clean energy carrier is poised to play a crucial role in sectors traditionally difficult to decarbonize, such as heavy industry and long-haul transportation.

The numbers speak volumes about hydrogen's potential. Market projections paint an optimistic picture, with the global hydrogen generation market expected to surge from $158.8 billion in 2023 to a staggering $257.9 billion by 2028. More impressively, the green hydrogen market alone could surpass $334.6 billion by 2032. These figures underscore a seismic shift in energy paradigms, with clean hydrogen potentially capturing up to 30 percent of the market share by 2030, up from less than 1 percent today.

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Alvopetro Announces December 2024 Sales Volumes

Alvopetro Energy Ltd. (TSXV: ALV) (OTCQX: ALVOF) announces December 2024 sales volumes of 1,828 boepd, including natural gas sales of 10.3 MMcfpd, associated natural gas liquids sales from condensate of 110 bopd and oil sales of 9 bopd, based on field estimates, bringing our average sales volumes to 1,738 boepd in the fourth quarter of 2024.

Natural gas, NGLs and crude oil sales:

Sales volumes in the latter half of December were impacted by reduced demand from Bahiagás. As announced on December 17, 2024 , our updated long-term gas sales agreement came into effect on January 1, 2025 . Bahiagás nominations and deliveries for January have commenced at the new contracted daily firm volumes of 400 e ³ m ³ /d.

Corporate Presentation

Alvopetro's updated corporate presentation is available on our website at:
http://www.alvopetro.com/corporate-presentation .

Social Media

Follow Alvopetro on our social media channels at the following links:
Twitter - https://twitter.com/AlvopetroEnergy
Instagram - https://www.instagram.com/alvopetro/
LinkedIn - https://www.linkedin.com/company/alvopetro-energy-ltd
YouTube - https://www.youtube.com/channel/UCgDn_igrQgdlj-maR6fWB0w

Alvopetro Energy Ltd.'s vision is to become a leading independent upstream and midstream operator in Brazil . Our strategy is to unlock the on-shore natural gas potential in the state of Bahia in Brazil , building off the development of our Caburé and Murucututu natural gas assets and our strategic midstream infrastructure.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

All amounts contained in this new release are in United States dollars, unless otherwise stated and all tabular amounts are in thousands of United States dollars, except as otherwise noted.

Abbreviations:

boepd	= barrels of oil equivalent ("boe") per day
bopd	= barrels of oil and/or natural gas liquids (condensate) per day
e ³ m ³ /d	= thousand cubic metre per day
m ³	= cubic metre
m ³ /d	= cubic metre per day
Mcf	= thousand cubic feet
Mcfpd	= thousand cubic feet per day
MMcfpd	= million cubic feet per day
NGLs	= natural gas liquids

BOE Disclosure . The term barrels of oil equivalent ("boe") may be misleading, particularly if used in isolation. A boe conversion ratio of six thousand cubic feet per barrel (6Mcf/bbl) of natural gas to barrels of oil equivalence is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. All boe conversions in this news release are derived from converting gas to oil in the ratio mix of six thousand cubic feet of gas to one barrel of oil.

Contracted firm volumes . The 2025 contracted daily firm volumes of 400 e ³ m ³ /d (before any provisions for take or pay allowances) represents contracted volumes based on contract referenced natural gas heating value. Note that Alvopetro's reported natural gas sales volumes are prior to any adjustments for heating value of Alvopetro natural gas. Alvopetro's natural gas is approximately 7.8% higher than the contract reference heating value. Therefore, to satisfy the contractual firm deliveries Alvopetro would be required to deliver approximately 371e ³ m ³ /d (13.1MMcfpd).

Forward-Looking Statements and Cautionary Language. This news release contains "forward-looking information" within the meaning of applicable securities laws. The use of any of the words "will", "expect", "intend" and other similar words or expressions are intended to identify forward-looking information. Forward‐looking statements involve significant risks and uncertainties, should not be read as guarantees of future performance or results, and will not necessarily be accurate indications of whether or not such results will be achieved. A number of factors could cause actual results to vary significantly from the expectations discussed in the forward-looking statements. These forward-looking statements reflect current assumptions and expectations regarding future events. Accordingly, when relying on forward-looking statements to make decisions, Alvopetro cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties. More particularly and without limitation, this news release contains forward-looking information concerning future production and sales volumes and expected sales under the Company's long-term gas sales agreement. Current and forecasted natural gas nominations are subject to change on a daily basis and such changes may be material. Forward -looking statements are necessarily based upon assumptions and judgments with respect to the future including, but not limited to, expectations and assumptions concerning forecasted demand for oil and natural gas, the success of future drilling, completion, testing, recompletion and development activities and the timing of such activities, the performance of producing wells and reservoirs, well development and operating performance, expectations regarding Alvopetro's working interest and the outcome of any redeterminations, the outcome of any disputes, the timing of regulatory licenses and approvals, equipment availability, environmental regulation, including regulation relating to hydraulic fracturing and stimulation, the ability to monetize hydrocarbons discovered, the outlook for commodity markets and ability to access capital markets, foreign exchange rates, general economic and business conditions, the impact of global pandemics, weather and access to drilling locations, the availability and cost of labour and services, the regulatory and legal environment and other risks associated with oil and gas operations . The reader is cautioned that assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be incorrect. Actual results achieved during the forecast period will vary from the information provided herein as a result of numerous known and unknown risks and uncertainties and other factors. Although Alvopetro believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Alvopetro can give no assurance that it will prove to be correct. Readers are cautioned that the foregoing list of factors is not exhaustive. Additional information on factors that could affect the operations or financial results of Alvopetro are included in our annual information form which may be accessed on Alvopetro's SEDAR+ profile at www.sedarplus.ca . The forward-looking information contained in this news release is made as of the date hereof and Alvopetro undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

www.alvopetro.com
TSX-V: ALV, OTCQX: ALVOF

SOURCE Alvopetro Energy Ltd.

View original content: http://www.newswire.ca/en/releases/archive/January2025/06/c5504.html

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	2Q 2023		Full Year 2023
Guidance Updates	Previous	Updated	Previous	Updated
Total Production (MBOE/d)	515 – 535	520 – 540	520 – 545	521 – 546
Oil & Condensate (Mbbls/d)	170 – 174	175 – 179	185 – 195	186 – 196
Capital Investment ($ Millions)	$590 – $630	$670 – $710	$2,600 – $2,900	$2,680 – $2,980

Palo Alto Networks Set to S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

Investor Insight

Overview

Company Highlights

Key Projects

Caburé

Midstream – Infrastructure and marketing (100 percent Alvopetro)

Organic Growth Opportunities

Maximizing the Gas Plant

Unit Development

Murucututu Gas

Management Team

Corey C. Ruttan – President, Chief Executive Officer and Director

Alison Howard – Chief Financial Officer

Adrian Audet – VP, Asset Management

Nanna Eliuk – Exploration Manager

Frederico Oliveira – Country Manager

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