---
title: "Globalstar Deal Hangs as Energy Stocks Reshuffle Capital"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/301685369.md"
description: "Williams divests power assets for $5.3B while Knight-Swift navigates diesel-driven sector selloffs. Globalstar's Amazon acquisition awaits regulatory approval as Carvana expands infrastructure ahead of earnings season. Treasury ETFs remain quiet amid Fed watch."
datetime: "2026-10-13T09:24:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/301685369.md)
  - [en](https://longbridge.com/en/news/301685369.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/301685369.md)
generator: "portal-rs"
---

# Globalstar Deal Hangs as Energy Stocks Reshuffle Capital

Energy infrastructure players are reshuffling portfolios amid shifting market dynamics. Williams Companies (WMB.US) secured $5.3 billion from Blackstone for 49% stakes in five power projects, while its Q2 earnings beat estimates. Knight-Swift Transportation (KNX.US) navigated record diesel prices that triggered sector-wide selloffs in mid-September, though its LTL business showed resilience with 8.9% revenue growth. Globalstar (GSAT.US) awaits FCC approval for Amazon's $11.57 billion acquisition as it completes Greek ground station expansion for its C-3 satellite network.

Automotive and mining firms face mixed pressures. Carvana (CVNA.US) expanded its Florida reconditioning hub to boost retail inventory, countering market concerns about Q3 profitability. Delek US Holdings (DK.US) issued $400 million convertible notes at 27.5% premium, drawing Mizuho's downgrade citing limited upside. Hecla Mining (HL.US) maintained its silver production guidance despite price volatility, while CSP Inc. (CSPI.US) reported 100% renewal rate for its AZT PROTECT cybersecurity suite amid technical weakness.

Treasury ETFs TLH.US, IEI.US and commodity-focused PDBC.US saw muted activity as investors await Fed policy signals. Williams' dividend resilience and Knight-Swift's operational efficiency gains emerge as key differentiators in this transitional phase.

### Related Stocks

- [KNX.US](https://longbridge.com/en/quote/KNX.US.md)
- [TLH.US](https://longbridge.com/en/quote/TLH.US.md)
- [IEI.US](https://longbridge.com/en/quote/IEI.US.md)
- [CSPI.US](https://longbridge.com/en/quote/CSPI.US.md)
- [CVNA.US](https://longbridge.com/en/quote/CVNA.US.md)
- [GSAT.US](https://longbridge.com/en/quote/GSAT.US.md)
- [HL.US](https://longbridge.com/en/quote/HL.US.md)
- [WMB.US](https://longbridge.com/en/quote/WMB.US.md)
- [DK.US](https://longbridge.com/en/quote/DK.US.md)
- [PDBC.US](https://longbridge.com/en/quote/PDBC.US.md)

## Related News & Research

- [Williams Cos.: Q3 earnings snapshot](https://longbridge.com/en/news/304052970.md)
- [Williams Companies (NYSE:WMB) Releases FY 2026 Earnings Guidance](https://longbridge.com/en/news/304121040.md)
- [Revenue Beat: The Williams Companies, Inc. Beat Analyst Estimates By 10%](https://longbridge.com/en/news/304628196.md)
- [Williams’ $1.5 Billion Buyback Plan Raises Capital Allocation and Execution Risk](https://longbridge.com/en/news/304222118.md)
- [Williams Companies, Inc. (The) $WMB Shares Sold by D.A. Davidson & CO.](https://longbridge.com/en/news/303851539.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**