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Chord Energy posted strong Q2 results with 84% revenue growth driven by higher oil production and efficiency gains, though EPS slightly missed estimates. Management highlighted AI-driven optimization…
Chevron posted a strong Q2 CY2026 beat with 56.3% YoY revenue growth and 8.8% EPS beat, driven by Hess integration synergies, record production, and cost cuts. New Microsoft power deal signals divers…
Diamondback Energy (FANG) reports operational improvements, raised 2026 production outlook, debt reduction of $1.6B, and disciplined capital allocation, signaling confidence in oil market fundamental…
Wood Mackenzie forecasts $495B upstream oil free cash flow in 2026 amid Middle East conflict, but oil prices actually fell Thursday as traders trim geopolitical risk premium despite escalating US-Ira…
BP launches sale process for its North Sea business as part of a broader portfolio simplification strategy under new CEO Meg O'Neill, aiming to focus capital on higher-return projects outside the UK.
Wood Mackenzie projects $495B upstream oil free cash flow at $90 oil due to Middle East conflict, though prices are already retreating as traders trim geopolitical risk premium amid diplomatic hopes.
Major oil and gas producers are experiencing a significant cash windfall due to high Brent prices ($90/bbl vs. $60/bbl forecast). However, companies are exhibiting capital discipline, choosing to str…
Apple beat EPS for 8th straight quarter, announced $100B buyback, and keeps capex low ($12.7B) versus AI hyperscalers spending $2.1T through 2027, straining cash flows and pushing some into debt.