Exxon Mobil Corporation (NYSE:XOM) is included among the Goldman Sachs Dividend Stocks: Top 14 Stock Picks. Wells Fargo Increases Exxon Mobil (XOM) Price Forecast, Maintains Bullish View On February 24, Wells Fargo analyst Sam Margolin raised the price recommendation on Exxon Mobil Corporation (NYSE:XOM) to $183 from $156. He maintained an Overweight rating on the shares. The firm said Exxon’s stock has helped lead the broader index higher and is undergoing a re-rating. Wells Fargo views this multiple ex ...

For Europe's oil ang gas firms geopolitics is in the driving seat - analyst Proactive uses images sourced from Shutterstock JP Morgan sees geopolitics reclaiming the driver’s seat for European oil and gas equities, arguing that a higher risk premium has helped push oil prices up, and dragged energy shares higher year-to-date in the process. The bank's analysts, in a note, said the sector’s recent performance has “re-coupled to rallying oil prices” after a stretch of “positive decoupling” in the second ha ...

Key Takeaways FANG Q4 EPS of $1.74 missed estimates as lower oil and gas prices cut profits and revenues fell 9% Y/Y.Diamondback Energy produced 969,120 BOE/d, up 9.7% year over year, with oil output at 52.9%.FANG generated $1.2B adjusted free cash flow, raised its dividend 5% and outlined 2026 growth plans.Diamondback Energy, Inc. (FANG) reported fourth-quarter 2025 adjusted earnings per share (EPS) of $1.74, which missed the Zacks Consensus Estimate of $1.88. Moreover, the company’s bottom line declined f ...

Core Viewpoint - Kosmos Energy has agreed to sell its 40.375% non-operating working interest in the Ceiba Field and Okume Complex to Panoro Energy for up to $219.5 million, which includes an upfront payment and contingent payments based on production and oil prices [1][2]. Transaction Details - The effective date for the transaction is set for January 1, 2025, with completion expected by mid-2026 [2]. - The deal has received approval from the Government of Equatorial Guinea and is pending standard approval from the Economic and Monetary Community of Central Africa [2]. Financial Implications - Kosmos anticipates cost savings of approximately $100 million over two years following the transaction through reduced capital expenditure and administrative costs [3]. - Proceeds from the sale will be used to pay down debt under its reserves-based lending credit facility [2][3]. Strategic Focus - The transaction allows Kosmos to focus on its core assets where it can add the most value, enhancing liquidity and accelerating debt reduction [4]. - Kosmos aims to high-grade its portfolio by monetizing later-life, non-operated production assets [4]. Panoro Energy's Perspective - Panoro Energy views the acquisition as transformational and aligned with its disciplined growth strategy [5]. - The additional interest in Block G is expected to enhance Panoro's understanding of the assets and their long-term cash flow potential [6]. Operational Context - Trident Energy operates Block G with a 40.375% interest, while GEPetrol holds a 5% revenue share [6]. - Kosmos recently reported that the Ghanaian parliament has ratified license extensions for its West Cape Three Points and Deepwater Tano Petroleum agreements [7].

Third consecutive independent MiQ certification underscores CRC’s commitment to meeting California's energy needs responsiblyBAKERSFIELD, Calif., Feb. 25, 2026 (GLOBE NEWSWIRE) -- California Resources Corporation (NYSE: CRC) announced today that it has received a ‘Grade A’ certification through MiQ, the global methane certification and verification standard, for production segments across their San Joaquin Valley operating assets in Fresno and Kern Counties. This marks CRC’s third MiQ certification, with th ...

Investor sentiments might be influenced by geopolitical developments. The U.S. has positioned military forces in the Middle East. The precious metal prices are on a positive note. On Tuesday, the benchmark S&P/TSX Composite Index closed higher. It settled with a gain of 193.88 points, or 0.57%, at 33,970.38.Gold surged toward $5,200 an ounce on Wednesday while the dollar declined. Spot gold traded up 0.8 percent at $5,187.20 an ounce. U.S. gold futures were up 32.40 points or 0.62 percent at $5,209.20.Silv ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any offer, solicitation or sale of securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state. ABOUT EMPIRE PETROLEUM Empire Petroleum Corporation is a publicly traded, Tulsa-based oil and gas company with current producing assets in New Mexico, North Dakota, Montana, Texas ...

OPEC+ will likely consider raising its oil output by 137,000 barrels per day for April to end a three-month pause in production increases, three sources with knowledge of OPEC+ thinking said, as the g... ...

In March of last year, I initiated coverage on Kosmos Energy ( KOS ) as a buy. The offshore oil and gas producer is heavily leveraged but has a very appealingI’m Jason Ditz and I have 20 years of experience in foreign policy research. My work has appeared in Forbes, Toronto Star, Minneapolis Star-Tribune, Providence Journal, Washington Times and the Detroit Free Press, as well as American Conservative Magazine and the Quincy Institute for Responsible Statecraft. I have been writing investment analysis, with ...