Group 1 - SM Energy Company will participate in the TD Cowen 23rd Annual Calgary Energy, Power & Utilities Conference on July 8, 2025, with CEO Herb Vogel engaging in a panel discussion and one-on-one meetings with investors [1] - The conference will not be webcast, indicating a more personal engagement approach with investors [1] Group 2 - SM Energy is an independent energy company focused on the acquisition, exploration, development, and production of crude oil, natural gas, and NGLs in Texas and Utah [3] - The company regularly updates important information on its website, providing transparency and accessibility to stakeholders [3]

NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Civitas Resources, Inc. ("Civitas Resources" or the "Company") (NYSE: CIVI) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Civitas Resources investors who were adversely affected by alleged securities fraud between February 27, 2024 and February 24, 2025. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra- ...

TORONTO, June 30, 2025 (GLOBE NEWSWIRE) -- International Petroleum Corporation (IPC or the Corporation) (TSX, Nasdaq Stockholm: IPCO) reports the following, in accordance with the Swedish Financial Instruments Trading Act: Following the cancellation of 288,027 common shares repurchased by IPC under the normal course issuer bid / share repurchase program, the total number of issued and outstanding common shares of the Corporation is 113,354,532 common shares with voting rights as at June 30, 2025 and IPC hol ...

Key Takeaways APA outperforms OXY with a 23.22% ROE, 5.39% dividend yield, and a lower EV/EBITDA valuation of 2.68X. Earnings estimates for APA rose 3.08% for 2025 and 2.53% for 2026, in the past 30 days. APA shares gained 9.1% over the last month, outpacing OXY's 4.5% rise and the SThe companies operating in the Zacks Oil and Gas Exploration and Production - United States industry present a strong long-term investment case, driven by rich shale reserves, cutting-edge extraction technologies and sustained ...

Industry Overview - The Zacks Oil and Gas Production and Pipeline industry is essential for meeting global energy demand, driven by economic growth and rising consumption in emerging markets [1] - Despite the shift toward renewables, hydrocarbons remain crucial for transportation, heating, and petrochemical production [1] - Technological advancements like horizontal drilling and enhanced recovery techniques are unlocking new reserves and boosting productivity [1] Pipeline Infrastructure - Pipeline infrastructure is critical for transporting crude oil, natural gas, and refined products efficiently [2] - Stable, fee-based revenue models and long-term contracts provide predictable cash flows for pipeline operators, insulating them from commodity price volatility [2] - The expansion of North American shale production and rising export capacity is expected to increase demand for midstream infrastructure [2] Company Comparisons - Energy Transfer (ET) and Kinder Morgan (KMI) are two of the largest midstream energy companies in North America, operating extensive networks of pipelines and storage facilities [3] - ET offers a diversified midstream infrastructure with stable cash flows and strategic export terminal access, positioning it well for rising U.S. energy production and global demand [4] - KMI has a primarily natural gas-focused midstream network with long-term contracts that provide predictable cash flows, appealing to income-focused investors [5] Earnings Growth Projections - The Zacks Consensus Estimate for ET's earnings per share (EPS) in 2025 and 2026 has increased by 2.86% and 4.26%, respectively [7] - KMI's 2025 EPS estimate has declined by 0.8%, while its 2026 EPS moved up by 2.26% [9] Dividend Yield - ET offers a dividend yield of 7.2%, significantly higher than KMI's 4.04% and the S&P 500's average of 1.58% [8][12] Valuation Metrics - ET is trading at a forward P/E of 12.54X, which is cheaper than KMI's 22.08X and the S&P 500's 22.43X [8][15] - ET's current return on equity (ROE) is 11.47%, while KMI's ROE is 16.6%, both underperforming the S&P 500's ROE of 17.02% [10] Debt to Capital - ET's debt-to-capital ratio is 56.6%, compared to KMI's 48.42%, both higher than the S&P 500's 38.07% [14] Price Performance - ET's units have gained 4.2% in the past month, outperforming KMI's 1.2% gain and the S&P 500's return of 4.4% [16] Conclusion - Energy Transfer is currently favored over Kinder Morgan due to rising earnings estimates, higher dividend yield, better return on equity, and cheaper valuation [20][21]

We are currently offering a free two-week trial to Distressed Value Investing . Join our community to receive exclusive research about various companies and other opportunities, along with full access to my portfolio of historic research that now includes over 1,000 reports on over 100 companies.Obsidian Energy (NYSE: OBE ) (TSX: OBE:CA ) withdrew its three-year growth plan (it was aiming to grow production to 50,000 BOEPD by 2026) due to its Pembina asset sale. It closed on that divestiture on April 7 andA ...

Core Insights - Equinor ASA has discovered oil at a new exploration well in the Johan Castberg field, achieving a peak output capacity of 220,000 barrels of oil per day [1][9] Exploration and Discovery - The exploration well 7720/7-DD-1H was drilled in the Drivis Tubåen prospect, marking the 14th well drilled within production license PL 532, with preliminary estimates suggesting 9-15 million barrels of oil in the new discovery [2][3] - The water depth at the drilling site is approximately 345 meters, and the discovery will enhance existing reserves at the Johan Castberg field [3] Future Potential and Production - The Johan Castberg field is expected to have a production life of 30 years, with estimated recoverable resources of 450-650 million barrels, and the company aims to increase reserves by 250-550 million barrels through ongoing exploration [5][9] - Equinor plans to drill one or two exploration wells annually near the Johan Castberg field to further enhance its resource base [5] Industry Context - The Barents Sea is considered one of the least explored regions of the Norwegian Continental Shelf, yet it is believed to hold significant untapped reserves of oil and gas [4] - The Johan Castberg field's operational status since March 2025 has opened new opportunities for oil discoveries in the region [4]

Key Takeaways The plant is the country's first industrial-scale vegetable oil extraction facility and is designed to produce up to 30,000 tons of oil per year. The output will be directed to Enilive's biorefineries, where it will be converted into biofuels to help decarbonize the transport sector — one of the pillars of Eni's sustainable mobility strategy. E's Loudima Agri-Hub: A Step Toward Net Zero The Loudima agri-hub places the Republic of the Congo as an active participant in the biofuel production cha ...

Core Insights - Core Laboratories Inc. (CLB) has experienced a significant decline in share price, dropping 21.6% over the past six months, which is worse than the broader oil and energy sector's 1.7% loss and the 13.1% drop in the oil and gas field services sub-industry [1][7] - The company's recent performance indicates internal challenges, as evidenced by a 4.4% sequential and 5% year-over-year revenue decline in Q1 2025, alongside a 25% sequential and 21% year-over-year drop in operating income [4][17] - Geopolitical sanctions and operational inefficiencies have disrupted CLB's operations, particularly affecting product deliveries and crude assay services in Eastern Europe and the Middle East [5][17] Financial Performance - CLB's Q1 2025 results showed a decline in revenues and earnings, driven by sanctions, seasonal slowdowns, and weak U.S. activity [7][17] - The company's Reservoir Description segment experienced a 7% sequential revenue drop, raising concerns about future profitability [4][17] - Despite a slight decrease in net debt by $4.9 million, CLB's leverage ratio remains high at 1.31x, limiting financial flexibility [13][17] Market Conditions - The U.S. onshore market outlook is weak, with peers projecting a 10-15% decline in 2025, which could pressure CLB's Production Enhancement segment [9][17] - Ongoing geopolitical conflicts, particularly in Russia-Ukraine and the Middle East, may lead to further disruptions in international revenue streams [8][17] - CLB's exposure to crude oil price volatility poses additional risks, as recent OPEC+ production increases and U.S. tariffs have pressured oil prices [11][17] Operational Challenges - Margin compression is evident, with Reservoir Description margins falling 670 basis points sequentially to 10% due to revenue declines and fixed-cost absorption [10][17] - The company faces competitive and technological risks, relying on proprietary technologies that require sustained R&D investment [16][17] - Operational inefficiencies and cost challenges persist, with management indicating that restructuring costs may recur [15][17] Growth Prospects - CLB's near-term growth relies on uncertain international projects in regions like Africa and the Middle East, with revenue guidance for Q2 2025 suggesting only modest sequential improvement [12][17] - Limited growth catalysts and a focus on debt reduction over shareholder returns reduce the appeal for income investors [14][17]

NEW YORK, June 30, 2025 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a lawsuit has been filed against Civitas Resources, Inc. (NYSE: CIVI) and certain of the Company’s senior executives for potential violations of the federal securities laws. If you invested in Civitas you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/civitas-resources-inc. Investors have until July 1, 2025, to ask the Court to be appointe ...