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Onterris (NYSE: ONT) reported securing more than $9 million in new project awards in the first half of 2026 from one of the world’s largest integrated energy companies. These awards build on a multi-million-dollar, five-year global assessment, remediation, and reclamation contract awarded in 2025.
The partnership spans over 20 years and now covers upstream, midstream, downstream, and emerging energy operations across North America, Europe, the Middle East, and Asia-Pacific. According to Onterris, the relationship’s scope has increased nearly tenfold over the past decade, highlighting expanding demand for its environmental and emissions-related services.
Onterris (NYSE: ONT) reported second quarter 2026 revenue of $186.7 million, down from $234.5 million, mainly due to historically low environmental emergency response and related recovery services. Net income was $1.4 million, or $0.04 diluted EPS, versus $18.4 million, or $0.42, a year earlier. Adjusted Net Income was $19.6 million with Adjusted EPS of $0.51, and Consolidated Adjusted EBITDA was $31.9 million, a margin of 17.1%.
Onterris updated 2026 guidance, lowering revenue to $740–$790 million from $840–$900 million and Consolidated Adjusted EBITDA to $117–$120 million from $125–$130 million, while still targeting margin expansion versus 2025 and converting 60% of EBITDA to operating cash flow. The company expects $70–$80 million in operating cash flow in 2H 2026 and a year-end leverage ratio of about 2.5x. It repurchased roughly 1.6 million shares for $30 million in the first half and had total liquidity of $160.8 million.
According to Onterris, the Board has launched a comprehensive strategic review of the business and strategic alternatives, and adopted a limited-duration stockholder rights plan effective immediately and expiring August 4, 2027, intended to protect stockholders and support the review process.
Onterris (NYSE: ONT) appointed Kurt Beil as Executive Vice President to lead its global Consulting business, overseeing operations and consulting strategy across the United States, Canada, and Australia. He will report to Chief Operating Officer James Laws.
According to Onterris, Beil brings 30 years of leadership experience in environmental consulting, engineering, profitable growth, and business transformation. He joins as the company strengthens its turnkey offering that connects consulting expertise with testing and laboratory capabilities. Previously, he held senior roles at FARA Recovery, GHD, and Arcadis, and holds a BS in Civil Engineering from Penn State University.
Onterris (NYSE: ONT) announced the timing of its second quarter fiscal 2026 earnings release and conference call. The company plans to publish results on Wednesday, August 5, 2026, after the close of New York Stock Exchange trading.
According to Onterris, an earnings conference call will follow on Thursday, August 6, 2026, at 8:30 a.m. Eastern Time, with live and replay access via webcast and telephone.
Tempus Realty Partners announced two Arkansas property acquisitions totaling approximately $42.1 million for its perpetual-life vehicle, Tempus Evergreen. The deals cover five buildings with 336,242 square feet across about 22.5 acres in North Little Rock and Fayetteville.
The North Little Rock asset is the corporate headquarters of Onterris (NYSE: ONT), fully leased on a long-term triple-net basis through December 2045. The Fayetteville campus houses Kimbel Mechanical Systems, fully leased under a long-term triple-net lease through June 2038. Both properties have built-in annual rent escalations.
According to Tempus, these additions increase the Evergreen portfolio from 17 to 22 properties, raise net operating income to $22.8 million, extend the weighted average lease term to more than 12 years, and push total fund value above $330 million. Since its July 2022 inception, Tempus Evergreen has delivered an 11.1% life-to-date annualized return and a 1.44x multiple of invested capital.
Onterris (NYSE: ONT) has secured a multi-year environmental services contract worth approximately A$6 million from an international mining company in Queensland, Australia. The work includes regulatory liaison, project management and preparation of a comprehensive Environmental Impact Statement for a major mining operation.
Onterris will coordinate teams across Australia, the United States and Canada to manage technical studies, refine scopes, oversee stand-alone reports and support submission to the Office of the Coordinator-General as part of a rigorous environmental approvals process.
Onterris (NYSE: ONT) has joined Greentown Labs, described as the world’s largest climatetech and energy startup incubator, as a Terawatt Partner, its highest partnership tier.
Onterris will offer technical expertise, mentorship and commercialization support to help more than 250 climatetech startups move from proof of concept to pilot deployment and implementation.
Onterris (NYSE: ONT) announced that management will attend the William Blair 46th Annual Growth Stock Conference in Chicago on June 4, 2026. Management is scheduled to present at 8:40 a.m. CT, with a live audio webcast and replay available via the company’s investor relations website.
Summary not available.
Onterris (NYSE:MEG) released its inaugural research report, The Onterris Outlook, finding that 54% of surveyed executives view environmental performance as central to long-term growth. The global survey of 500 senior decision-makers links stronger environmental programs to better goal attainment, improved capital access, cost savings and increased investment in environmental initiatives.
Key metrics: companies with advanced programs are 3x likelier to be ahead of goals, 2x likelier to report improved capital access, 90% saw better capital access, and many cite >10% operational cost savings.