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Channel Infrastructure Maintains 2026 Earnings Guidance Amid Upgrades

4/20/2026

Summary

Story summary

Channel Infrastructure retains its 2026 earnings guidance of $95-$100 million.
Upgrades to the diesel supply chain, including tank cleaning and new pumping systems, are projected to add $1.2 million monthly once operational.
CEO Rob Buchanan emphasized the team's efficient approach to increasing diesel resiliency.
Channel declined to comment on rumors of acquiring ExxonMobil's New Zealand terminals, potentially valued at $500 million, a move seen as expanding growth beyond Northland.

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Story summary

Channel Infrastructure retains its 2026 earnings guidance of $95-$100 million.
Upgrades to the diesel supply chain, including tank cleaning and new pumping systems, are projected to add $1.2 million monthly once operational.
CEO Rob Buchanan emphasized the team's efficient approach to increasing diesel resiliency.
Channel declined to comment on rumors of acquiring ExxonMobil's New Zealand terminals, potentially valued at $500 million, a move seen as expanding growth beyond Northland.