AXL Stock Recent News

Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) is set for an active period with ongoing drilling activity and production growth acting as value catalysts, that's according to analysts at Zeus Capital. On Wednesday, the broker repeated a ‘buy' recommendation, which, with a 55p price target, sees the junior oil and gas share potential more than double in value – from the current price of 19.5p in London.

Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) has updated on its latest vertical wells at the Alberta Llanos field in Colombia, and told investors that production rates for January exceeded forecasts – with net output rising above 4,500 barrels per day. In addition to the vertical wells, which are the subject of today operations update, the company is also planning to drill more horizontal wells after those drilled in 2024 proved successful.

DETROIT , Jan. 31, 2025 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss fourth quarter and full year 2024 financial results and other related matters at 10:00 a.m. ET on Friday, February 14, 2025.

AXL agrees with Dowlais for a proposed cash and share acquisition of Dowlais' entire issued and future ordinary share capital at approximately $1.44 billion.

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) AAM Announces Combination with Dowlais Conference Call January 29, 2025 8:00 AM ET Company Participants David Lim - Head, IR David Dauch - Chairman and CEO Chris May - EVP and CFO Conference Call Participants James Picariello - BNP Paribas Tom Narayan - RBC William Tackett - Morgan Stanley Joe Spak - UBS Dan Levy - Barclays Douglas Karson - Bank of America Merrill Lynch Operator Good morning. My name is Rocco, and I will be your conference call facilitator today.

NEW YORK , Jan. 29, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating American Axle & Manufacturing Holdings, Inc. (NYSE: AXL ), relating to the proposed merger with Dowlais Group plc.

American Axle & Manufacturing has agreed to buy Dowlais Group for about $1.44 billion in a cash-and-shares deal that will result in another U.K. company leaving the London stock market.

British automotive parts supplier Dowlais said on Wednesday that it would be acquired by U.S.-based autoparts maker American Axle and Manufacturing in a cash-and-share deal, valuing the London-listed firm at 1.16 billion pounds ($1.44 billion).

Creates leading global driveline and metal forming supplier with comprehensive product portfolio and diversified customer base Combination will have expanded and balanced geographic presence across multiple automotive segments supporting ICE, Hybrid and Electric powertrains; expected to generate annual revenues of approximately $12 billion on a non-adjusted combined basis Expected to deliver approximately $300 million annual run rate cost synergies and high earnings accretion in the first full year following the close of the transaction Strengthened cash flow profile and balance sheet to accelerate deleveraging and shareholder value creation DETROIT , Jan. 29, 2025 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXL) is pleased to announce that it has reached an agreement with the board of the Dowlais Group plc (Dowlais), (LON: DWL) on the terms of a recommended cash and share offer to be made by AAM for the entire issued and to be issued ordinary share capital of Dowlais

Shares in Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF), which today confirm production at its third field, have the potential to more than double in value – that's according to a ‘buy' note from stockbroker Zeus Capital. Arrow confirmed on Monday that it has started the new year on the front foot as it confirmed that the AB-1 well had begun production, and was flowing some 658 barrels oil per day, or 329 bopd net.