DALLAS, July 21, 2025 /PRNewswire/ -- Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT) ("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.015311 per unit, payable on August 14, 2025, to unit holders of record on July 31, 2025. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs ("Production Costs") exceeded gross proceeds ("Gross Proceeds") for the month of M ...

Core Insights - The comparison between Diamondback Energy and Chevron highlights different investment profiles for oil and gas investors, with Chevron being more suitable for yield-focused investors and Diamondback offering greater upside potential with higher oil prices [1][11]. Company Analysis - Chevron's break-even oil price is approximately $30 per barrel, while Diamondback's is around $37 per barrel, giving Chevron an advantage in lower oil price environments [3][5]. - Diamondback, as a pure-play exploration and production company, employs hedging strategies to protect against oil price declines, with current hedges effective down to $55 per barrel [4][6]. - Chevron offers a dividend yield of 4.8%, which is secure down to $30 per barrel, while Diamondback's yield of 2.9% is safe down to $37 per barrel [5][11]. Financial Projections - Diamondback's management estimates adjusted free cash flow (FCF) for 2025 across various oil prices, aiming to return 50% of FCF to shareholders through dividends and share buybacks [7]. - At an oil price of $60 per barrel, Diamondback could potentially offer $5.20 in dividends, yielding 3.8%, and this could rise to $8.70 in dividends, yielding 6.4%, at $80 per barrel [8][9]. - The price of oil would need to be around $67 per barrel for Diamondback's dividend yield to match Chevron's current yield [10]. Investment Considerations - Dividend-focused investors may prefer Chevron due to its diversified operations and lower exposure to oil price volatility, while those seeking higher upside potential may favor Diamondback [11][14]. - Both companies present attractive options for passive income-seeking investors, with the possibility of holding both stocks to balance yield and growth potential [14].

Core Viewpoint - OPEC asserts that there is no imminent peak oil demand, emphasizing the long-term necessity of oil for the global economy and daily life [3][4] Demand Forecasts - OPEC has revised its global oil demand forecasts downward for the next four years due to lower growth in China, the rise of electric vehicles, and an uncertain macroeconomic environment in OECD countries [3] - The report projects oil demand to average 105 million barrels per day (bpd) in 2023, increasing to 106.3 million bpd in 2026, 111.6 million bpd in 2029, and reaching 123 million bpd by 2050 [5] Energy Mix - Oil is expected to maintain the largest share in the energy mix at just below 30% by 2050, with the combined share of oil and gas remaining above 50% from 2024 to 2050 [5] - The share of other renewables in the energy mix is projected to rise to 13.5% by 2050, an increase of 10 percentage points from 2024 [5] Regional Demand Growth - India, along with other Asian nations, the Middle East, and Africa, is anticipated to be the primary source of long-term oil demand growth, with a combined increase of 22.4 million bpd from 2024 to 2050, and India alone contributing 8.2 million bpd [6] Contrasting Views - Other organizations, such as the International Energy Agency, predict that global oil demand may peak at 105.6 million bpd in 2029 before experiencing a decline [7] - Some industry experts believe that peak oil demand could occur sooner than expected, potentially within this decade, due to the rapid growth of renewable energy [8] Economic Influences - The future trajectory of oil demand may be influenced by global economic conditions, including the impact of digital technologies and geopolitical factors [11][12] - The ongoing global economic turmoil, such as U.S. tariffs, could alter the demand and supply dynamics for oil and other commodities [12] Long-term Outlook - Despite differing opinions on peak oil demand, hydrocarbons are expected to remain a significant part of the global energy mix for the foreseeable future, although oil may not be as dominant as OPEC anticipates [13]

Group 1 - Viper Energy (NYSE: VNOM) is presented as a low-risk investment option in the U.S. oil and gas sector, contrasting with traditional integrated majors and exploration and production (E&P) companies [1] - The analysis provided by Energess Resources focuses on company-level insights, emphasizing valuation, capital and operational efficiency, asset quality, and shareholder alignment [1] - The initial coverage will concentrate on E&P companies in the U.S. and Canada, with plans to expand to midstream and royalty companies for a comprehensive view of the energy value chain [1] Group 2 - Investments in the energy sector are highlighted as capable of delivering strong total returns and providing diversification for long-term portfolios when approached with discipline and a value-oriented strategy [1] - The cyclical nature of commodity prices is acknowledged, but it is noted that quality companies with experienced management can still create shareholder value during challenging pricing periods [1]

Core Viewpoint - PetroFrontier Corp. is facing significant delays in filing its annual financial statements, leading to a management cease trade order and a failure-to-file cease trade order from the Alberta Securities Commission, resulting in a halt of trading of its common shares on the TSX Venture Exchange [1][2]. Group 1: Company Updates - The Alberta Securities Commission issued a management cease trade order to PetroFrontier due to delays in filing its annual financial statements for the year ended December 31, 2024 [1]. - A failure-to-file cease trade order was issued on July 17, 2025, which has halted the trading of the company's common shares [1]. - The delays in filing are attributed to the receipt of financial and other required information from the general partner of the company's limited partnership investment, affecting the external auditor's ability to complete the audit [1]. Group 2: Financial Reporting - The company's interim financial statements for the three months ended March 31, 2025, will only be filed after the annual financial statements are submitted [2]. - The board of directors and management are actively working to meet the obligations related to the filing of both the annual and interim financial statements [2]. Group 3: Company Profile - PetroFrontier is a junior energy company focused on developing two Mannville heavy oil plays located in the Cold Lake and Wabasca areas of Alberta [3].

Group 1 - Block shares increased by over 10% in extended trading as the fintech company prepares to join the S&P 500, replacing Hess [1] - The addition of Block to the S&P 500 is part of a series of changes, including The Trade Desk replacing Ansys [2][3] - Block's inclusion reflects the growing tech presence in the S&P 500, highlighting the market cap gains of tech companies [4] Group 2 - Block, formerly known as Square, has diversified into crypto, lending, and other financial services since its founding in 2009 [4] - Despite a 14% decline in shares this year, Block maintains a market cap of approximately $45 billion, significantly above the median company in the S&P 500 [5]

美国加州州长Newsom提议，加利福尼亚州针对当地石油开采放宽审批许可。 ...

Chevron CEO Mike Wirth on Friday said the company's acquisition of Hess, which it completed this week after winning a legal dispute with Exxon Mobil, is good for the oil and gas sector and creates the "strongest upstream portfolio in the industry." ...

Calgary, Alberta--(Newsfile Corp. - July 18, 2025) - Saturn Oil & Gas Inc. (TSX: SOIL) (OTCQX: OILSF) ("Saturn" or the "Company"), a light oil-weighted producer focused on unlocking value through the development of our assets in Saskatchewan and Alberta, confirms that the Company intends to report our Q2 2025 financial results on Wednesday, July 30, 2025, after market close. A conference call and webcast will be held on Thursday, July 31, 2025, at 8:00 am MT (10:00 am ET) for interested investors, analysts ...

Key Takeaways ET units rose 1.5% in three months, topping the industry's 0.2% growth over the same period. ET benefits from 140,000 miles of pipeline and 90% fee-based earnings shielding from volatility. Strategic acquisitions and $5B in 2025 capex aim to boost volume, scale, and operational efficiency.Units of Energy Transfer LP (ET) have rallied 1.5% in the past three months compared with the Zacks Oil and Gas - Production Pipeline - MLB industry’s growth of 0.2%. The oil and gas midstream firm owns a w ...