Chart created using Benzinga ProExxon is up about 25% over the same period, while Chevron has gained about nearly 21% — strong moves, but nowhere near Kosmos' vertical climb.Oil's Biggest Winner Isn't Who Investors ExpectKosmos' outperformance is even more striking in recent weeks. The stock has surged 62.20% over the past month alone, dramatically outpacing Exxon's 11.81% gain and Chevron's 10.39% rise over the same period.The move highlights how smaller upstream producers like Kosmos can act as leveraged ...

These stocks have plenty of fuel to continue growing their dividends.The energy sector can be a great source of durable dividend income. Many companies have long histories of increasing their dividends. Meanwhile, energy demand, especially for clean energy, will continue to grow for decades to come. Clearway Energy (CWENA +1.38%)(CWEN +0.96%), Chevron (CVX +0.49%), and Kinder Morgan (KMI 0.08%) currently offer attractive dividends that should continue growing in the decades ahead. That makes them great ener ...

Core Viewpoint - Frontera Energy Corporation acknowledges receipt of an unsolicited acquisition proposal from Parex Resources for its Colombian upstream exploration and production assets, which are also under an agreement to be sold to GeoPark Limited [1] Group 1: Acquisition Proposals - Frontera has received an unsolicited proposal from Parex Resources to acquire its upstream Colombian exploration and production business [1] - The assets in question are the same that Frontera has agreed to sell to GeoPark Limited under a previously announced arrangement agreement dated January 29, 2026 [1] - The Frontera Board of Directors is reviewing the Parex proposal while continuing to recommend the GeoPark transaction to its shareholders [1] Group 2: Company Overview - Frontera Energy Corporation is a Canadian public company engaged in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America [1] - The company has a diversified portfolio with interests in 18 exploration and production blocks in Colombia and Guyana, along with pipeline and port facilities in Colombia [1] - Frontera is committed to conducting its business in a socially, environmentally, and ethically responsible manner [1]

JPMorgan maintains 2026 expense outlook; ROTCE target at 17% February 23, 20269:25 PM UTCUpdated ago By Reuters Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Business Hims & Hers forecasts 2026 revenue above estimates February 23, 2026 · 9:15 PM UTCHealthcare & Pharmaceuticalscategory · · ago JPMorgan Chase logo is seen in this illustration taken January 22, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab NE ...

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Chevron and Basra Oil Co to exchange data, enter exclusive talks over West Qurna 2 February 23, 202610:45 AM UTCUpdated ago By Stephanie Kelly A Chevron logo at the Chevron building in Houston, Texas, U.S. August 19, 2025. REUTERS/Kaylee Greenlee Purchase Licensing Rights, opens new tab LONDON, Feb 23 (Reuters) - Chevron (CVX.N), opens new tab said on Monday it had entered into agreements with ...

Core Viewpoint - The U.S. government's softening stance on greenhouse gases is a positive development for major energy companies like ExxonMobil and Chevron, although the long-term shift towards cleaner energy sources remains a challenge for the sector [2][11]. Company Overview - ExxonMobil and Chevron are globally diversified integrated energy companies, involved in the entire energy value chain, including oil and natural gas production, transportation, and processing into refined products [3]. - Both companies have strong financial positions, characterized by the lowest debt-to-equity ratios among their peers, which helps mitigate the volatility of the energy sector [5]. Financial Performance - ExxonMobil has a market capitalization of $614 billion, with a current price of $147.07 and a dividend yield of 2.74% [7][8]. - Chevron has a market capitalization of $370 billion, with a current price of $183.72 and a dividend yield of 3.76% [10]. Dividend History - Both Exxon and Chevron have a history of increasing their dividends annually for over three decades, demonstrating financial resilience during industry downturns [6]. Regulatory Environment - The easing of greenhouse gas regulations is beneficial for Exxon and Chevron, but there is a risk that future administrations may reinstate stricter regulations [11]. - The diversified business models of these companies position them well to handle potential regulatory changes in the future [11]. Investment Strategy - Given the inherent volatility of the energy sector, investing in reliable dividend payers like Exxon and Chevron is advisable, allowing investors to benefit from their above-market dividend yields while navigating regulatory changes [12].

Core Viewpoint - Chevron is recognized as a top-tier dividend stock, having recently increased its dividend payment by 4%, marking 39 consecutive years of growth [1][4]. Dividend Growth - Chevron's quarterly dividend payment is now $1.78 per share, translating to an annual payout of $7.12 [3]. - An investment of $3,000 in Chevron would yield approximately $113.92 in dividends over the next year, with a potential total of $569.60 over five years if the dividend rate remains constant [3][6]. Financial Performance - The company generated $16.6 billion in free cash flow last year, significantly exceeding its dividend payments of $12.1 billion projected for 2025 [8]. - Chevron anticipates a surge in free cash flow by $12.5 billion this year, driven by expansion projects and cost-saving initiatives, with expectations of over 10% compound annual growth through 2030 [9]. Dividend Sustainability - Chevron's historical track record of dividend increases, alongside its strong financial profile, supports the expectation of continued dividend growth [7][9]. - The company has a robust balance sheet, which allows it to return substantial cash to shareholders, totaling $27.1 billion last year [8].

Financial Data and Key Metrics Changes - In Q4 2025, the company reported an Adjusted EBITDA of $385 million and free cash flow of $321 million, with a year-on-year increase in Adjusted EBITDA of nearly 20% to $1.37 billion and free cash flow rising to $626 million [4][5] - The company retired approximately $1.3 billion in debt during the year, reducing annual interest expense by nearly $90 million and enhancing financial flexibility [5][6] - Total liquidity at the end of Q4 was approximately $1.5 billion, including $620 million in unrestricted cash and cash equivalents [16] Business Line Data and Key Metrics Changes - The company achieved record uptime performance just shy of 98% across its fleet, with zero operational integrity events and zero lost time incidents [6] - The company executed five major planned out-of-service projects on time and on budget, and recycled six rigs in 2025 [6] Market Data and Key Metrics Changes - The outlook for deepwater offshore drilling is strengthening, with expectations for deepwater utilization to exceed 90% through 2027 [10] - In the US Gulf, long-term demand remains robust, driven by new lease awards and improved fiscal terms [10] - The rig count in Africa is expected to increase from roughly 15 to at least 20 over the next couple of years, with significant multi-year program awards anticipated [11] Company Strategy and Development Direction - The company aims to optimize the value of its differentiated assets and generate industry-leading free cash flow, with a backlog of approximately $6 billion [7][8] - The recent acquisition of Valaris is seen as transformational, expected to create cost synergies exceeding $200 million and enhance shareholder returns [8][9] - The company is focused on establishing a stronger capital structure to weather business cycles and improve operational efficiencies [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the upcoming inflection point for offshore drilling, supported by customer conversations and increasing tender activity [33][34] - The company anticipates a pivot back towards traditional hydrocarbon sources among producers, indicating a shift in focus from renewables to offshore drilling [74][75] Other Important Information - The company has identified opportunities for rig movements to capitalize on demand in various regions, including Africa and Asia [42][46] - The guidance for 2026 reflects some idle time on specific rigs, but management expects free cash flow to be in line with or better than 2025 levels [18][67] Q&A Session Summary Question: Impact of Valaris acquisition on chartering strategy - Management indicated that the acquisition allows for cost efficiencies and improved service provision to customers, enhancing project execution reliability [22][24] Question: Confidence in offshore drilling inflection timing - Management cited customer conversations and increasing tender activity as key indicators of confidence in the timing of the market inflection [33][34] Question: Petrobras blend-and-extend negotiations - Management stated that the guidance reflects their best estimates and does not include significant upside from these negotiations [38] Question: Fleet placement and rig movements - Management noted that opportunities are developing in Africa and Asia, and rigs can be moved to meet demand in various regions [42][46] Question: Customer feedback on Valaris acquisition - Management reported overwhelmingly positive feedback from customers regarding the acquisition and its potential benefits [53][55]

Core Viewpoint - Turkey opposes Greece's unilateral activities in hydrocarbon fields south of Crete, claiming these actions violate international law and good neighborly relations [1] Group 1 - Turkey's opposition is directed towards a consortium led by U.S. oil major Chevron [1] - The activities in question are related to hydrocarbon exploration and extraction [1]

Economic Environment - Inflation in Australia is growing at approximately double the rate of economic growth, creating pressure on households and contributing to inflationary pressures in housing and energy markets [1] Company Strategy - The company is recognized for its everyday low prices in Australia and New Zealand, which helps maintain customer trust during challenging economic times [2][3] - A focus on productivity and expanding addressable markets through new product categories is central to the company's strategy [2] Partnerships and Technology - The company has formed strategic partnerships with Google Cloud and Microsoft to enhance operational efficiency and productivity through technology [5] - Initiatives include improving customer service and team member effectiveness in stores, as well as enhancing merchandising and supply chain processes [6] Lithium Business - The company's lithium project is progressing well, with the mine and concentrator performing effectively, and expectations for increased profitability in the second half of the year [9][10] - The company aims to become a reliable supplier of lithium hydroxide, despite some delays in the refinery commissioning process [10] Financial Management - The company maintains a strong balance sheet to ensure financial flexibility for future investments and potential M&A opportunities [11] - There is a commitment to disciplined capital investment, focusing on value-adding opportunities for shareholders [13] Growth Opportunities - The company anticipates continued positive earnings momentum in its retail businesses, with growth expected in Bunnings, Office Works, and Kmart [15] - Future growth is also expected in the lithium business, chemical manufacturing capacity, and the health division, with a well-positioned balance sheet for new opportunities [16][17]