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Babcock & Wilcox Enterprises Announces Proposed Offering of $50 million of Series A Cumulative Perpetual Preferred Stock

May 3, 2021

(AKRON, Ohio – May 3, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced the commencement of an underwritten registered public offering of shares of $50 million aggregate amount of its Series A Cumulative Perpetual Preferred Stock, par value $0.01 per share with a liquidation preference of $25.00 per share (the “Preferred Stock”). B&W expects to grant the underwriters a 30-day option to purchase additional shares of the Preferred Stock in connection with the offering. The dividend rate and certain other terms of the Preferred Stock will be determin...
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Babcock & Wilcox Sets First Quarter 2021 Conference Call and Webcast for Thursday, May 13, 2021 at 8 a.m. ET

April 29, 2021

(AKRON, Ohio – April 29, 2021) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, May 13, 2021 at 8 a.m. ET.
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Babcock & Wilcox Enterprises Releases Preliminary First Quarter 2021 Results

April 22, 2021

Preliminary First Quarter 2021 Highlights: Revenues of $168.2 million, a 13.3% improvement compared to first quarter 2020 Net loss of $(15.5) million, compared to $(31.5) million in first quarter 2020 Earnings per share of $(0.22), compared to $(0.68) in first quarter 2020 Consolidated adjusted EBITDA of $8.5 million, compared to $1.0 million in first quarter 2020 Strong bookings of $171 million Minimum required pension funding contributions reduced by $26 million, in addition to the $107 million reduction previously disclosed (AKRON, Ohio – April 22, 2021) – Babcock & Wilcox Enterprises, ...
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Babcock & Wilcox Continues Growth in Asia and Europe With More Than $24 Million in Global Parts and Service Orders

March 31, 2021

(AKRON, Ohio – March 31, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Renewable, Environmental and Thermal segments are continuing their strategic growth into key regions and have been awarded parts and service contracts totaling more than $24 million from customers in Asia, the Middle East, Europe and other key international markets outside of the United States.
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B&W Thermal Awarded $20 Million Technology Replacement Contract for North America Power Plant

March 16, 2021

(AKRON, Ohio – March 16, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment will design, supply and install replacement thermal technologies for a power plant in North America. The contract value is more than $20 million.
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Babcock & Wilcox Enterprises to Present at Gabelli Funds 7th Annual Waste & Environmental Services Symposium on March 18, 2021

March 15, 2021

(AKRON, Ohio, March 15, 2021) — Babcock & Wilcox Enterprises, Inc. ("B&W") (NYSE: BW) has been invited to present at Gabelli Funds 7th Annual Waste & Environmental Services Symposium, which is being held virtually on March 18, 2021.
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Babcock & Wilcox Enterprises to Participate in 33rd Annual Roth Conference March 15-17, 2021

March 10, 2021

AKRON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. ("B&W") (NYSE: BW) has been invited to participate in the 33rd Annual Roth Conference, which is being held virtually March 15-17, 2021.
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Babcock & Wilcox Enterprises Announces Results for Fourth Quarter and Full Year 2020

March 9, 2021

Q4 2020 Highlights: Revenues of $149.9 million
Net income of $4.6 million
Earnings per share of $0.09
Consolidated adjusted EBITDA of $16.1 million
Bookings of $167 million Full Year 2020 Highlights: Revenues of $566.3 million Net income of $(10.3) million
Earnings per share of $(0.21)
Consolidated adjusted EBITDA of $45.1 million
Bookings of $645 million Minimum required pension funding contributions reduced by $107 million or 75% (AKRON, Ohio – March 9, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced results for the fourth quarter and full year 2020.
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Babcock & Wilcox Enterprises to Present at B. Riley Securities Sustainable Energy & Technology Conference on March 10, 2021

March 3, 2021

AKRON, Ohio, March 3, 2021 — Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) has been invited to present at the B. Riley Securities Sustainable Energy & Technology Conference, which is being held virtually on March 9-10, 2021.
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Babcock & Wilcox Sets Fourth Quarter and Full Year 2020 Conference Call and Webcast for Tuesday, March 9, 2021 at 8 a.m. ET

March 1, 2021

(AKRON, Ohio – March 1, 2021) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Tuesday, March 9, 2021 at 8 a.m. ET.
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B&W Thermal Awarded $13 Million in New Contracts as North American Market Strengthens

February 23, 2021

(AKRON, Ohio – February 23, 2021) – Babcock & Wilcox (B&W) (NYSE: BW) announced today that its B&W Thermal segment has booked new construction service projects in North America valued at approximately $13 million as the market strengthens and projects continue to restart following delays in 2020.
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Babcock & Wilcox Enterprises Announces Closing of $297.5 Million of Common Stock and Senior Notes Offerings

February 16, 2021

In addition, B. Riley Financial exchanged $35 million of its existing Tranche A term loan for senior notes Net proceeds to be used to substantially pay down debt and invest in clean energy growth initiatives (AKRON, Ohio – February 16, 2021) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW) announced that on February 12, 2021 it closed an underwritten public offering of 29,487,180 shares of common stock, which included 3,846,154 shares issued in connection with the underwriter’s option to purchase additional shares, at a price to the public of $5.85 per share, for ...
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