A report, shared exclusively with the Guardian, provides a snapshot of industry’s involvement in some of the country’s most controversial fossil fuel investments American private equity tycoons are profiteering from the global climate crisis by investing in fossil fuels which are driving greenhouse gas emissions, a new investigation reveals. Oil and gas pipelines, coal plants and offshore drilling sites linked to Indigenous land violations, toxic leaks and deadly air pollution are among the dirty energy projects financed by some of the country’s largest private equity firms, according to an investigation by the corporate accountability non-profits LittleSis and the Private Equity Stakeholder Project (Pesp). The Carlyle Group , one of the world’s largest private equity firms, owns dozens of oil and gas companies including a stake in NGP Energy Capital, which boasts its own major portfolio mostly focused on fracking and drilling in states like Texas, Wyoming and Colorado. Carlyle, which recently announced a target of net zero emissions by 2050 , also partners with Hilcorp Energy – a major methane emitter with a track record of offshore spills in Alaska and the Gulf of Mexico – on at least $4bn in equity and debt deals. (Methane is more than 25 times as potent as carbon dioxide at trapping heat in the atmosphere, and accounts for about a quarter of today’s global heating.) Kohlberg Kravis Roberts & Co (KKR) has a controlling stake in the Coastal Gaslink pipeline in Canada, a 400-mile multibillion-dollar infrastructure project through unceded Indigenous territories that will transport fracked gas to a Pacific coast port for export to Asia.
Telecom Italia (TIM) directors will on Monday discuss a plan to reorganise Italy's biggest telecoms group as newly appointed Chief Executive Pietro Labriola tries to forge an alternative to a takeover

Analyst Ratings For KKR & Co

08:03pm, Friday, 11'th Feb 2022 Benzinga
Analysts have provided the following ratings for KKR & Co (NYSE:KKR) within the last quarter: Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 2 0 0 Last 30D
KKR Real Estate Finance Trust Inc. (KREF) CEO Matt Salem on Q4 2021 Results - Earnings Call Transcript

Italy Views KKR’s Telecom Italia Bid as Too Low - BNN Bloomberg

07:16pm, Wednesday, 09'th Feb 2022 BNN Bloomberg
(Bloomberg) -- Italy views an offer from private equity fund KKR & Co. for Telecom Italia SpA as too low, people familiar with the matter said, as the government led by Mario Draghi reviews plans to create a single national ultra-broadband network.
With the infusion from KKR, Animoca Brands raised approximately $500 million in its latest funding round.
KKR & Co, Inc. (NYSE:KKR) Q4 2021 Earnings Conference Call February 08, 2022, 10:00 ET Company Participants Craig Larson - Partner and Head, IR Robert Lewin - CFO Scott Nuttall - Co-CEO…
Buyout firm KKR & Co Inc said on Tuesday its after-tax distributable earnings more than doubled in the fourth quarter, thanks to strong asset sales from its private equity portfolio and record transaction fees from its capital markets business.
KKR & Co, Inc. (KKR) CEO Scott Nuttall on Q4 2021 Results - Earnings Call Transcript

KKR: Q4 Earnings Insights

02:09pm, Tuesday, 08'th Feb 2022 Benzinga
KKR & Co (NYSE: KKR ) reported its Q4 earnings results on Tuesday, February 8, 2022 at 06:50 AM. Here''s what investors need to know about the announcement. Earnings KKR & Co beat estimated earnings by 31.4%, reporting an EPS of $1.59 … Full story available on Benzinga.com
KKR (KKR) stock dips 4.3% in premarket trading after its Q4 earnings topped consensus while its total investment income dropped from a year ago.Q4 after-tax distributable EPS of…

KKR shares dip after profit falls, but firm beats analyst view

01:49pm, Tuesday, 08'th Feb 2022 MarketWatch
KKR & Co. Inc. shares fell 4% in premarket trades on Tuesday after the private equity firm said its fourth-quarter profit fell to $507.56 million, or 82 cents a share, from $1.48 billion, or $2.46 a share, in the year-ago quarter. Adjusted profit was $1.59 a share. Analysts expected KKR to earn $1.21 a share on revenue of $2.05 billion, according to a survey by FactSet. Revenue, meanwhile, doubled to $4.05 billion from $2.01 billion. Expenses nearly tripled to $3.15 billion from $1.18 billion, while total investment income declined to $122.3 million from just under $4 billion. Net income for full year 2021 more than doubled to $4.56 billion from $1.95 billion. The firm ended the year with $471 billion of assets under management, up 87% over the year-ago period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
KKR & Co. (NYSE:KKR) declares $0.145/share quarterly dividend, in line with previous.Forward yield 0.82%Payable March 4; for shareholders of record Feb.

KKR & Co. Non-GAAP EPS of $1.59 beats by $0.38, revenue of $606M

11:52am, Tuesday, 08'th Feb 2022 Seeking Alpha
KKR & Co. press release (KKR): Q4 Non-GAAP EPS of $1.59 beats by $0.38.Revenue of $606M (-10.3% Y/Y).DE was $3.9 billion for the year ($4.44/adj

KKR & Co. Inc. Reports Fourth Quarter and Full Year 2021 Results

11:50am, Tuesday, 08'th Feb 2022 Business Wire
NEW YORK--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) today reported its fourth quarter and full year 2021 results, which have been posted to the Investor Center section of KKR’s website at https://ir.kkr.com/events-presentations/. A conference call to discuss KKR’s financial results will be held today, Tuesday, February 8, 2022 at 10:00 a.m. ET. The conference call may be accessed by dialing (877) 407-0312 (U.S. callers) or +1 (201) 389-0899 (non-U.S. callers); a pass code is not required.
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE