Oil gas

Solid Growth for Forum Energy Technologies in Third Quarter Performance

Headlines,Forum Energy Technologies Reveals Key Updates for Third Quarter 2024,Revenue and Adjusted EBITDA Meet Expected Targets,Continued Strong Performance in Oil, Gas, and Renewable Energy Sectors,Forum Energy Technologies,(NYSE:FET),has announced...

Why Is Northwest Natural Holding Raising Its Dividend Again?

Highlights,Northwest Natural Holding Company focuses on natural gas distribution and storage.,The company is scheduled to increase its periodic dividend in November.,The upcoming dividend is set to be slightly higher than the previous year's payment....

Brent crude oil price forecast: numerous catalysts remain

Crude oil prices rebounded on Friday after pulling back from the 6-week high hit at the beginning of the week. With geopolitical conflicts in the Middle East still a key driver of the oil market, ‘buy the rumour’ sentiments are shaping the price move...

Occidental Petroleum Reports Lower Oil and Gas Prices in Q3 2024

Key Points:,Occidental Petroleum's oil output prices fell by nearly 6% in Q3 2024.,U.S. natural gas output prices saw a significant 26% decline.,These price drops reflect broader trends in the energy market, affecting company profits and future plann...

US crude stocks rise by 5.8 million barrels, but falling product inventories support prices

Crude oil prices rose on Thursday despite a hefty build in the US oil inventories for the week ending 4th October. The bearish US Energy Information Administration report, which came out late on Wednesday was offset by the shutdown of oil facilities...

Long WTI Crude Oil: Strong Support Near $71.5 indicates Potential Rebound

Exxon Mobil Faces Trading Decline Amid Analyst Insights

Headlines,Exxon Mobil shares experienced a decline in trading.,Analysts provided updated insights on the company's performance.,The consensus rating reflects a balanced outlook for the stock.,Exxon Mobil Co.,(NYSE:XOM),shares traded down during mid-d...

Schlumberger's Stock Fluctuation: What Analysts Are Saying

Headlines,Schlumberger Limited experiences a decline in trading prices.,Analysts adjust price targets while maintaining positive outlooks.,Key financial metrics indicate a stable position for the company.,Schlumberger Limited,(NYSE:SLB),recently enco...

Murphy Oil's Earnings Surprise: Analysts Respond with Target Adjustments

Headlines,Goldman Sachs adjusts Murphy Oil's price target.,Analysts provide varied ratings for Murphy Oil shares.,Recent quarterly performance shows growth in earnings.,Goldman Sachs (NYSE:GS),has adjusted its price target for Murphy Oil, moving from...

Canadian Natural Expands Alberta Asset Portfolio

Highlights,Canadian Natural Resources Limited has acquired Chevron’s Alberta assets, increasing its stake in the Athabasca Oil Sands Project and gaining a significant working interest in the Duvernay shale.,The acquisition will enhance Canadian Natur...

Sensex, Nifty50 Rally at opening bell on strong global cues; ITC and NBCC surge, Titan and ONGC decline

Indian benchmark equity indices opened in the green on Monday on positive cues from the Asian markets.  At the opening bell on Monday, the BSE Sensex was by 412 points, while the Nifty50 rose 110 points. However, both benchmarks have since then...

Unveiling Magnolia Oil & Gas: Impressive Returns and Growth Journey

Headlines,Magnolia Oil & Gas has delivered strong shareholder returns, with a significant rise in share price over five years.,The company transitioned from losses to profitability, contributing to its impressive performance.,Total shareholder return...

Kosmos Energy: A Strong Contender with Impressive EPS Growth

Headlines,Kosmos Energy Shows Promising EPS Growth,Positive EBIT Margins Indicate Potential for Growth,Insider Investment Reflects Confidence in Long-Term Value,Kosmos Energy,(NYSE:KOS),stands out as a compelling choice for investors, especially for...

Comstock Resources: Navigating Towards Long-Term Growth and Returns

Headlines,Comstock Resources demonstrates significant revenue growth and total shareholder returns.,Recent performance shows positive trends for long-term investors.,Shareholders have benefitted from cash dividends despite fluctuations in share price...

Crude oil price analysis: will the Brent and WTI gains hold?

Crude oil prices have rallied further to one-month highs amid heightened fears over the escalation of conflicts in the Middle East. On Friday, Brent, the benchmark for global oil, recorded gains for the sixth consecutive session; rallying to a level...

OPEC+ spare capacity may offset Iran supply shock and end oil rally as tensions escalate

Oil prices have surged this week as tensions in the Middle East escalate, driven by Iran’s missile attacks on Israel. Investors are closely monitoring the situation, with concerns that any retaliatory action from Israel could disrupt global oil...

I’d avoid Exxon, Chevron stocks and buy OKE and WMB instead

Energy stocks have done well this week as the rising geopolitical risks in the Middle East pushed crude oil prices to their highest point in weeks. Brent, the international benchmark, rose for six consecutive days, reaching a high of $78.12, its high...

ReconAfrica Advances Namibia Drilling with Major Updates

Highlights,ReconAfrica is progressing with the Naingopo exploration well in Namibia, overcoming drilling challenges as it moves toward its primary target.,The company’s broader exploration efforts continue with the upcoming Kambundu well, which targe...

Northern Oil and Gas: New Coverage Sparks Interest from Analysts

Headlines,Jefferies Financial Group Initiates Coverage on Northern Oil and Gas,Analyst Ratings Showcase Varied Perspectives on Northern Oil and Gas,Northern Oil and Gas Receives Mixed Insights from Equity Analysts,Northern Oil and Gas,(NYSE:NOG),has...

Oil Prices Surge as Israel-Iran Tensions Threaten Global Supply

Highlights:,Oil prices have risen as traders assess the risks posed by escalating tensions between Israel and Iran, with concerns that a military conflict could severely disrupt oil supplies from the Middle East.,A significant military strike on Iran...