Yahoo Finance | EN590 Commodities

Market Analysis · 2026-05-08T15:40:30.000Z

Chairman & Chief Executive Officer — Barry Stuart Sternlicht Director of Investor Relations — Zachary H. Tanenbaum Rina Paniry:Thank you, Zach, and good morning, everyone. Today, we reported distributable earnings of $147 million, or $0.39 per share, for the first quarter. Our results were impacted by continued higher-than-normal cash balances, the resolution of nonperforming assets, and the ongoing optimization of our new net lease cylinder, adjusted for which DE would have been $0.47. I will provide more detail for these items within my business segment discussion. As we continue on our stated task to grow our investment base, resolve our nonperforming assets, and optimize our new net lease platform, our underlying earnings power continues to build. In the quarter, we deployed $2.5 billi

About EN590 Commodities Group

25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA — serving 75+ countries. Products: EN590 Diesel · Crude Oil · Jet Fuel · Mazut · Bitumen · Sulphur 99.5% · Urea 46% · NPK Fertilizers.

📲 Join our Telegram channel: t.me/EN590

📰 Visit our Blog

#energy #commodities #EN590 #diesel #crudeoil #sulphur #urea #fertilizer #LNG #trading #NewYork