In the latest trading session, Devon Energy (DVN) closed at $32.48, marking a +1.09% move from the previous day. The stock outpaced the S&P 500's daily gain of 0.8%. Elsewhere, the Dow saw an upswing of 0.94%, while the tech-heavy Nasdaq appreciated by 0.97%. Shares of the oil and gas exploration company witnessed a gain of 4.12% over the previous month, beating the performance of the Oils-Energy sector with its gain of 3.8%, and underperforming the S&P 500's gain of 5.12%.The upcoming earnings release of D ...

In the latest close session, Marathon Petroleum (MPC) was up +1.13% at $167.57. The stock's change was more than the S&P 500's daily gain of 0.8%. At the same time, the Dow added 0.94%, and the tech-heavy Nasdaq gained 0.97%. The refiner's shares have seen an increase of 4.46% over the last month, surpassing the Oils-Energy sector's gain of 3.8% and falling behind the S&P 500's gain of 5.12%.The investment community will be paying close attention to the earnings performance of Marathon Petroleum in its upco ...

Company Overview - Viper Energy, Inc. is a subsidiary of Diamondback Energy, Inc. focused on owning, acquiring, and exploiting oil and natural gas properties in North America, particularly in the Permian Basin in West Texas [3] - Diamondback Energy, Inc. is an independent oil and natural gas company headquartered in Midland, Texas, specializing in the acquisition, development, exploration, and exploitation of unconventional, onshore oil and natural gas reserves in the Permian Basin [4] Upcoming Financial Results - Viper Energy plans to release its second quarter 2025 financial results on August 4, 2025, after the market closes [1] - A conference call and webcast will be held on August 5, 2025, at 10:00 a.m. CT to discuss the second quarter results [2]

MIDLAND, Texas, June 26, 2025 (GLOBE NEWSWIRE) -- Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback”), today announced that it plans to release second quarter 2025 financial results on August 4, 2025 after the market closes. In connection with the earnings release, Diamondback will host a conference call and webcast for investors and analysts to discuss its results for the second quarter of 2025 on Tuesday, August 5, 2025 at 8:00 a.m. CT. Access to the live webcast, and replay which will be available fo ...

Group 1 - Clearway Energy (CWEN) is currently outperforming the Oils-Energy sector with a year-to-date performance increase of approximately 21.7%, while the sector has seen an average decline of 0.5% [4] - The Zacks Rank for Clearway Energy is 2 (Buy), indicating strong analyst sentiment and an improving earnings outlook, with a consensus estimate for full-year earnings rising by 46.5% in the past quarter [3] - Clearway Energy is part of the Alternative Energy - Other industry, which has gained about 20.2% year-to-date, further highlighting CWEN's strong performance relative to its peers [5] Group 2 - Global Partners LP (GLP) is another stock in the Oils-Energy sector that has outperformed, with a year-to-date increase of 9.7% and a Zacks Rank of 1 (Strong Buy) [4][5] - The Oils-Energy sector includes 245 individual stocks and currently holds a Zacks Sector Rank of 16, indicating its relative performance among 16 different sector groups [2] - The Oil and Gas - Refining and Marketing - Master Limited Partnerships industry, which includes Global Partners LP, has seen a decline of 1.9% year-to-date and is ranked 59 [6]

Key Takeaways E is constructing a 1.585 MWp solar plant in Pocenia to power Modine's thermal and cooling systems. The 10-year EPC deal lets Modine access fixed-cost clean energy with no upfront investment. E previously built two solar systems for Modine and plans to triple renewables to 10 GW by 2028.Plenitude, the multi-energy subsidiary of Eni S.p.A (E) , has partnered with global thermal management company Modine for the construction of a new solar power plant in Pocenia, Udine. The photovoltaic facili ...

Key Takeaways PSX plans to produce CARB gasoline at its Ferndale refinery to boost California fuel supply. The move follows PSX's decision to shut down its 139,000 bpd Los Angeles refinery this year. PSX is working with state officials and exploring imports to maintain California market supply.Phillips 66 (PSX) , a leading integrated energy company, is considering producing CARB gasoline at its Ferndale refinery in Washington. CARB gasoline is a cleaner-burning fuel that can help improve air quality as it ...

Core Viewpoint - Black Gold Exploration Corp. (BGX) has announced a significant development in its strategic partnership with LGX Energy Corp., focusing on the drilling and development of 20 to 25 additional wells in the Illinois Basin, leveraging its 10% interest in the Fritz 2-30 well and surrounding Area of Mutual Interest (AMI) [1][2]. Group 1: Development Strategy - The AMI includes a corridor of oil-bearing leases within the Illinois Basin, where 3D seismic technology has been utilized to map subsurface structures, leading to the identification of high-potential drilling locations [2]. - The Fritz 2-30 well serves as a template for the multi-well development strategy, having validated the seismic analysis and demonstrated the potential for further development [2][4]. Group 2: Production Insights - The Fritz 2-30 well produced over 500 barrels in its first 10 days of production, although production is currently offline for further drilling to access additional pay zones [3]. - A detailed update on production is expected once the company receives its first payout from the Fritz 2-30 well, anticipated next quarter [3]. Group 3: Financial Considerations - BGX is expected to participate in up to 10% of each new well developed in the AMI, with estimated costs for drilling and development ranging from $25,000 to $45,000 (USD) per well [4]. - The company aims to bring the 20+ wells online by the end of 2026 and plans to fund its share of the developments through additional capital raises [4].

Key Takeaways CVX has restarted gas output at Leviathan after a security-driven shutdown on June 13. Leviathan supplies 15-20% of Egypt's energy demand, restoring flows after a huge loss. Leviathan aims to boost gas output from 12 bcm to 14 bcm annually by 2026 to meet regional needs.Chevron Corporation (CVX) has resumed operations at the Leviathan natural gas field off Israel’s Mediterranean coast following a temporary suspension triggered by the Iran-Israel conflict. The restart comes after a ceasefire ...

NEW YORK, June 26, 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 ...