Chevron (CVX) and Halliburton (HAL) are nearing multi-billion dollar deals to invest in Venezuelan oil fields, signaling a major shift in US-Venezuela energy relations. These agreements, supported by…
Despite publicly criticizing major oil companies like ExxonMobil and Chevron for 'excessive profits' during the US-Iran conflict, President Trump's brokerage accounts aggressively purchased millions …
ExxonMobil (XOM) is set to benefit significantly from rising crude oil prices, driven by Middle East tensions and strong EIA projections. The company’s robust, low-cost operations in the Permian Basi…
Billionaire investor Peter Thiel's firm has acquired a 1% stake in the Argentine oil producer Vista Energy. This investment highlights Thiel's growing interest in the energy sector, as reflected in h…
Argus raised Chevron's price target to $211, reflecting bullish sentiment on the integrated oil major. This signals broader confidence in the energy sector, including peers like ExxonMobil and crude …
Sabine Royalty Trust declared a significantly higher monthly cash distribution of $0.619430 per unit for August 2026. This increase is driven by higher oil and natural gas production volumes and impr…
Occidental Petroleum reported a massive surge in Q2 2026 net income to $2.8 billion, driven by higher crude prices and a turnaround in midstream operations. The company exceeded production guidance, …
Diamondback Energy reported record Q2 2026 production exceeding 1 million BOE/d and raised full-year guidance, capitalizing on elevated oil prices following global supply shocks. The company generate…
Crude oil prices jumped over 6% as escalating Middle East geopolitical tensions and a larger-than-expected draw in U.S. crude stockpiles fueled supply concerns.
Cenovus Energy reported record Q2 2026 financial results, driven by higher oil prices and increased production. The company raised its full-year outlook, reduced debt significantly, and increased sha…
ExxonMobil benefits from rising oil prices driven by Middle East conflicts and strong operational growth in Guyana and the Permian Basin. While geopolitical tensions boost near-term upstream earnings…
Geopolitical tensions in Iran are boosting energy stocks, with the sector up 11% in the past month. ConocoPhillips (COP) is a volatile but promising long-term play due to new assets and LNG projects,…
Oil prices surged past $100/barrel amid geopolitical tensions, boosting major energy stocks. Piper Sandler initiated coverage on XOM with 'Neutral' and CVX with 'Overweight', citing strong fundamenta…
TotalEnergies expects higher Q2 profits from strong refining margins, oil trading, and rising oil prices amid Iran conflict, joining Shell and BP in signaling robust energy sector performance despite…
Oil prices above $90/barrel support energy stocks. ExxonMobil (XOM) outperforms ConocoPhillips with stronger upstream assets in Permian and Guyana, lower debt, and integrated operations offering stab…
WTI crude surges above $100/barrel driven by Iran tensions. ExxonMobil, ConocoPhillips, and SM Energy positioned to benefit from high oil prices and low-cost upstream assets in Permian and other prol…
Brent crude surged 1.6% to $111/barrel as Trump's Iran warnings and tightening oil buffers raise supply concerns. Depletion of strategic reserves could trigger sharper price increases if Strait of Ho…
WTI crude rallied 5.96% on May 7 following W&T Offshore's Q1 results, despite the company reporting negative net income of -$22.53 million, signaling broader oil market strength.
WTI crude surges above $100/barrel amid Middle East tensions. ExxonMobil positioned to benefit from elevated oil prices with strong Permian and Guyana assets. Energy sector outlook remains robust.