HOUSTON--(BUSINESS WIRE)--Crescent Energy Company (NYSE: CRGY) ("Crescent†or the "Company†) today announced financial and operating results for the fourth quarter and full year 2025. Crescent's earnings release and supplemental earnings presentation can be found at www.crescentenergyco.com. The Company's fourth quarter and full year 2025 conference call is planned for 10 a.m. CT (11 a.m. ET) on Thursday, February 26, 2026. About Crescent Energy Company Crescent is a differentiated energy compa. ...

Vancouver, British Columbia--(Newsfile Corp. - February 25, 2026) - New Zealand Energy Corp. (TSXV: NZ) ("NZEC" or the "Company") announces that it has granted stock options (the "Options") to certain directors, officers, and employees of the Company to purchase up to an aggregate of 3,250,000 common shares in the capital of the Company (the "Common Shares").The Options are exercisable at a price of C$0.45 per Common Share for a period of five (5) years from the date of grant. The Options vest immediately ...

Total Proved Reserves of 32.1 MMBoe with PV-10 of $357.7 Million at SEC Pricing as of Year-End 2025Year-End 2025 Reserves Reflect Full Post-Combination Asset Base HOUSTON, Feb. 25, 2026 (GLOBE NEWSWIRE) -- PEDEVCO Corp. (NYSE American: PED) (“PEDEVCO” or the “Company”) today reported the results of its independent year-end 2025 proved reserves evaluation for all of the Company’s oil and gas properties in Wyoming, Colorado and New Mexico. These include properties from its recently completed transformative me ...

SM ENERGY REPORTS FOURTH QUARTER AND FULL-YEAR 2025 FINANCIAL AND OPERATING RESULTS [Accessibility Statement] Skip NavigationFull-year 2025 results include record production and record operating cash flow and adjusted EBITDAX(1)DENVER, Feb. 25, 2026 /PRNewswire/ -- SM Energy Company (the "Company" or "SM Energy") (NYSE: SM) today reported financial and operating results for the fourth quarter and full-year 2025. Accompanying slides can be found on the Company's website at [sm- energy.com/investors/news-even ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

Core Viewpoint - Shell is prepared to increase its financial support for the struggling Brazilian sugar and ethanol producer Raizen, which is facing significant financial challenges and uncertainty regarding its operations [1][2]. Financial Situation of Raizen - Raizen reported a third-quarter net loss of 15.6 billion reais (approximately $3 billion) in mid-February, indicating severe financial distress [2]. - The company's net debt reached 55.3 billion reais by the end of December, attributed to heavy investments, erratic weather, and wildfires that negatively impacted harvests and crushing volumes [3]. Shell's Financial Commitment - Initially, Shell was willing to inject 2.5 billion reais into Raizen but has since increased its offer to up to 3.5 billion reais, contingent on certain conditions [3][4]. - Shell and its joint-venture partner Cosan each own 44% of Raizen, with Cosan potentially contributing 1 billion reais and Raizen's chairman, Rubens Ometto, possibly providing another 1 billion reais, depending on ongoing negotiations [4][5]. Strategic Alternatives and Credit Ratings - Raizen has engaged law firms and financial advisers to explore strategic alternatives, which has led to credit rating downgrades by major agencies such as S&P Global, Fitch, and Moody's [5][6]. - Moody's highlighted Raizen's high leverage, cash burn, and high interest burden as key factors in its weaker-than-usual results in the core sugar-ethanol segment [6].

By Karen Roman Vinson & Elkins said the firm advised Vitol Inc. in the creation of Valor Upstream Credit Partners II, L.P., a partnership with Breakwall Capital LP. Valor Upstream will focus on structured credit investments in North American upstream oil and gas companies targeting event-driven financing opportunities like debt refinancing, among others, it stated. The Vinson & Elkins Investment Funds team was led by partners Matt Hortenstine and Robert Seber, with assistance from partners David Peck, ...

If there is one thing the 2026 State of the Union proved, it is that President Donald Trump remains the only person capable of turning a formal constitutional requirement into a four-hour marathon of populist giveaways and legal grievances. While the speech was officially the longest in American history—clocking in at a duration that suggests the President is being paid by the word—the stock market spent the evening doing what it does best when faced with “unpredictable” policy shifts: twitching nervously a ...

Achieved 8% exit-to-exit organic production growth in 2025 by leveraging AI and data-driven optimization to manage mid-tenured shale assets efficiently. Successfully integrated the Bedrock acquisition, which expanded the Barnett footprint and provided 'torque' through higher-than-underwritten inventory and refrac candidates. Maintained a 'fortress balance sheet' with 0.9x net leverage while fully funding all capital investments across business lines through operational cash flow. Advanced the 'close ...

Key Takeaways Eni begins oil production at Ndungu in Angola's Block 15/06 under the Agogo IWH Project.Ndungu targets 60,000 bpd, just six months after Agogo FPSO achieved first oil.Eni states Agogo and Ndungu could reach 175,000 bpd combined at full capacity.Eni S.p.A. (E) announced the start-up of the Ndungu full-field, part of the Agogo Integrated West Hub (IWH) Project in Block 15/06 offshore Angola, marking the commencement of oil production. The project is operated by Azule Energy, the equal joint vent ...