Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Shell reviewing some of its Shell Ventures portfolio with option to sell, sources say February 26, 202612:15 PM UTCUpdated ago By Stephanie Kelly A Shell logo is pictured during the European Business Aviation Convention & Exhibition (EBACE) in Geneva, Switzerland, May 23, 2022. REUTERS/Denis Balibouse Purchase Licensing Rights, opens new tab LONDON, Feb 26 (Reuters) - Shell (SHEL.L), opens new ...

January was a good month for investors who owned Occidental Petroleum (NYSE: OXY), as the stock rose 10%. That's not actually so unusual, given the inherent volatility of the energy sector. However, the stock lurched higher again in February after it reported earnings. Here's what you need to know about January and the company's February investor update. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" provi ...

CALGARY, Alberta, Feb. 26, 2026 (GLOBE NEWSWIRE) -- Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) today announced it will exercise its right to redeem its 2.577% Series 1 Preferred Shares (the “Series 1 Preferred Shares”) and its 3.948% Series 2 Preferred Shares (the “Series 2 Preferred Shares”, collectively, the “Series 1 & 2 Preferred Shares”) on March 31, 2026 (the “Redemption”). All of the Series 1 & 2 Preferred Shares outstanding will be redeemed at the price of $25.00 per share, for an aggregate amount p ...

Core Insights - Walmart's valuation surpassing $1 trillion in February 2026 indicates that traditional companies can also join the elite club, challenging the notion that only tech firms dominate this space [1] - The struggles within the technology sector have led investors to explore potential in other industries [1] Group 1: JPMorgan - JPMorgan is positioned as the strongest non-tech company to potentially cross the $1 trillion valuation threshold, currently valued at $818 billion [3] - The bank's scale and systemic importance, along with prospects from the AI boom and cryptocurrency developments, could enhance its valuation [4] - Wall Street's average 12-month price target for JPMorgan suggests a 15.97% increase, potentially reaching a valuation of about $950 billion [5] - The most optimistic forecasts, such as Goldman Sachs predicting a price of $397, could elevate JPMorgan's market capitalization to approximately $1.07 trillion [6] Group 2: Exxon Mobil - Exxon Mobil is in a strong position to aim for the trillion-dollar club, with a stock price of $149.06 and a valuation of $621 billion as of February 26, 2026 [7] - The stock has rallied 21.53% year-to-date, indicating robust performance in the oil sector [7] - Current price targets for Exxon Mobil may be underestimated, with an average target of $142.40 and a general rating of 'Buy' [10] - The stock has increased about 30% from three months ago, and favorable conditions from the White House could lead to further gains for Exxon Mobil and its peers [12] - The AI boom and geopolitical instability are expected to provide tailwinds for fossil fuel companies, enhancing their market position [13]

During his State of the Union address on Tuesday night, President Trump touted an energy industry strengthened by the success of his "Drill, baby, drill" policy, a dual mandate of more hydrocarbon drilling and lower gas prices. A year into Trump's second term, oil and gas production is at or near all-time highs, and gasoline prices average below $3 per gallon nationally. But for the US oil and gas industry, the president's ambitions have come at a cost. "Capital efficiencies and returns drive our inve ...

Core Insights - Eni reported a 35% year-on-year increase in adjusted net profit for Q4, driven by strong growth in its exploration and production division [1] - The adjusted net profit for the fourth quarter reached 1.2 billion euros ($1.4 billion), up from 885 million euros in the same period last year, surpassing analyst expectations of 960 million euros [1] Financial Performance - Adjusted net profit for Q4: 1.2 billion euros ($1.4 billion) [1] - Year-on-year growth: 35% increase from 885 million euros [1] - Analyst consensus: Expected profit of 960 million euros [1]

With a strong Q4 report just released, I think Diamondback Energy ( FANG ) will be flying very high this year. EPS is overshadowed by an impairment charge that was purely tied to lowerMy name is Andres Veurink and I have been in the financial markets for over a decade at this point, spending the majority of that in a hedge fund here in Rotterdam, working my way up as an analyst. My work relfect rigourious standards as I myself have a very high standard as to what I invest my money in. My preferred sectors t ...

昨日有消息人士称，若美国向伊朗发动打击，沙特短期内拟大幅增产石油。以及OPEC+将在3月1日的 会议上考虑将4月份的石油日产量上调13.7万桶。强化了市场对"供应增加"的预期，推动油价向基本面 回归。 而据昨晚公布的数据显示，美国上周EIA原油库存增加1600万桶，市场预期增加150万桶。汽油库存减 少100万桶，市场预期减少60万桶。进一步强化了市场对原油市场供应过剩的担忧情绪，压制昨日油价 下行。 总的来说，国际油价仍有继续下跌的希望，市场正等待美伊局势后续发展，希望国内预计油价能出现下 跌。 注意，受市场对原油供应过剩的担忧情绪影响，昨日国际油价出现下行，不过美伊紧张局势还是为油价 提供了一定的支撑。国内预计油价目前还是保持上涨状态，也不知道后面还有机会下跌吗？ 这边说下昨日原油市场的表现，美原油：下跌0.76%，收于65.57美元/桶。布伦特原油下跌0.28%，收于 70.87美元/桶。今日国际油价震荡中，截至发稿，美原油暂报65.45美元/桶，跌幅0.18%。 今日是新一轮油价调整周期的第2个工作日，当前预计上调油价110元/吨，折合每升油价上调0.08-0.10 元，相比昨日的油价预计涨幅减少10 ...

Devon Energy Corporation (NYSE:DVN) is included among the 14 Best Affordable Dividend Stocks to Buy According to Analysts. Scotiabank Lowers Devon Energy (DVN) Price Target, Sees Balanced Risk-Reward Outlook On February 23, Scotiabank analyst Paul Cheng lowered his price recommendation on Devon Energy Corporation (NYSE:DVN) to $41 from $45. The analyst reiterated a Sector Perform rating on the stock. He told investors that fourth-quarter results are expected to have a neutral impact on the stock in the n ...

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Oil climbs as US-Iran tensions keep supply risks in focus February 26, 20261:57 AM UTCUpdated ago By Yuka Obayashi A view shows an oil pump jack outside Almetyevsk, in the Republic of Tatarstan, Russia July 14, 2025. REUTERS/Stringer Purchase Licensing Rights, opens new tab TOKYO, Feb 26 (Reuters) - Oil prices climbed on Thursday, hovering near seven-month highs, as investors gauged whether U. ...