Oil and Gas

Search documents
X @Bloomberg
Bloomberg· 2025-07-10 14:16
US regulatory actions to ensure oil and gas pipeline safety have plummeted to a record low for the start of a presidential administration https://t.co/raqai3AUD0 ...
Northern Technologies International (NTIC) - 2025 Q3 - Earnings Call Transcript
2025-07-10 14:00
Northern Technologies International Corp (NTIC) Q3 2025 Earnings Call July 10, 2025 09:00 AM ET Company ParticipantsG. Patrick Lynch - President & CEOMatthew Wolsfeld - CFO & Corporate SecretaryTim Clarkson - Stock BrokerGus Richard - Managing Director OperatorGood day, and thank you for standing by, and welcome to the NTIC Third Quarter twenty twenty five Earnings Conference Call and Webcast. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a questio ...
Delta tops Q2 estimates, sees strong second half
Proactiveinvestors NA· 2025-07-10 13:38
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 ...
TechnipFMC and Var Energi Join Forces to Develop North Sea Fields
ZACKS· 2025-07-10 13:06
Key Takeaways FTI signed a five-year collaboration with Var Energi to develop fields near Norway's Gjaa oil site. The alliance will use FTI's iEPCI model to streamline subsea development and cut project risk. The targeted Gjaa Nord, Cerisa and Ofelia fields hold an estimated 110 million barrels of oil equivalent.TechnipFMC plc (FTI) , a global leader in subsea engineering and integrated offshore solutions, has formalized a significant five-year collaboration with Vår Energi, a prominent oil and gas explor ...
Mach Natural Resources (MNR) Earnings Call Presentation
2025-07-10 12:59
Acquisitions Overview - Mach Natural Resources LP is entering into two definitive agreements to acquire oil and gas assets to enhance scale and add strategic multi-basin positioning[11] - The acquisitions include Sabinal Energy for a purchase price of $787 million, consisting of $325 million in cash and 32 million units[10] - The acquisitions include IKAV San Juan for a purchase price of $500 million, consisting of $200 million in cash and 21 million units[10] Pro Forma Impact - Pro forma Q1 2025 production increases to 152 mboe/d, up from Mach's standalone 81 mboe/d[13] - The acquisitions diversify the company's production mix, resulting in a pro forma liquids/gas ratio of 34%/66%[13] - The combined net acreage increases to 2,815,000 acres, including 130,000 net acres from Sabinal and 570,000 net acres from IKAV San Juan[13] Strategic Benefits - The transactions reinforce the company's commitment to financial strength by funding approximately 60% with common equity issued to sellers[15] - The acquisitions are accretive to the business, with assets being acquired at a discount to PDP PV-10[15] - The acquisitions reduce the company's base decline rate from 20% to 15%[17]
Obsidian Energy Announces Second Half 2025 Capital Program and Guidance
Newsfile· 2025-07-10 11:00
Obsidian Energy Announces Second Half 2025 Capital Program and GuidanceJuly 10, 2025 7:00 AM EDT | Source: Obsidian Energy Ltd.Development capital expenditures of $110 to $120 million resulting in 28 net operated wells drilledInfrastructure projects are underway in Open Creek and Nampa fields allowing for future growthIntend to initiate ~$10 million Canadian Exchange Offer to Acquire Obsidian Energy Common Shares for Common Shares of InPlay Oil Corp.Calgary, Alberta--(Newsfile Corp. - July 10, ...
Oil News: OPEC Analysis Backs Demand Resilience, WTI Tests $67.44 Zone
FX Empire· 2025-07-10 10:46
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
X @Bloomberg
Bloomberg· 2025-07-10 08:12
BP has put an oil and gas revival at the heart of its turnaround plan, and upstream chief Gordon Birrell is leading the push to make the business a more reliable driver of profits https://t.co/DjO8WwdNSn ...
Archrock Inc. (AROC) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2025-07-09 23:01
Company Performance - Archrock Inc. (AROC) closed at $23.44, reflecting a -2.46% change from the previous day, underperforming compared to the S&P 500's 0.61% gain [1] - Prior to the latest trading session, AROC shares had decreased by 3.1%, lagging behind the Oils-Energy sector's gain of 5.17% and the S&P 500's gain of 3.85% [1] Earnings Projections - The upcoming earnings disclosure for Archrock is projected to show earnings per share (EPS) of $0.37, which is a 48% increase from the same quarter last year [2] - Revenue is estimated to be $360.26 million, indicating a 33.17% growth compared to the corresponding quarter of the prior year [2] - Full-year Zacks Consensus Estimates forecast earnings of $1.55 per share and revenue of $1.47 billion, representing year-over-year changes of +47.62% and +27.02%, respectively [3] Analyst Estimates and Valuation - Recent adjustments to analyst estimates for Archrock reflect near-term business trends, with upward revisions indicating analysts' positivity towards the company's operations [4] - The Zacks Rank system, which evaluates estimate changes, currently ranks Archrock at 4 (Sell), following a 4.83% fall in the Zacks Consensus EPS estimate over the past month [6] - Archrock is currently traded at a Forward P/E ratio of 15.55, which is a premium compared to the industry average Forward P/E of 14.94 [7] - The company has a PEG ratio of 1.3, while the Oil and Gas - Field Services industry holds an average PEG ratio of 3.71 [7] Industry Context - The Oil and Gas - Field Services industry, part of the Oils-Energy sector, has a Zacks Industry Rank of 218, placing it in the bottom 12% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Viper Energy Partners Prices Offering of $1.6 billion of Senior Notes
Globenewswire· 2025-07-09 20:35
Core Viewpoint - Viper Energy, Inc. has announced a significant Notes Offering totaling $1.6 billion, which includes two series of senior notes with different maturities and interest rates, aimed at refinancing existing debt and supporting potential acquisitions [1][3]. Group 1: Notes Offering Details - The offering consists of $500 million in 4.900% senior notes maturing on August 1, 2030, and $1.1 billion in 5.700% senior notes maturing on August 1, 2035 [1]. - The public pricing for the 2030 Notes is set at 99.902% of the principal amount, while the 2035 Notes are priced at 99.636% [1]. - The expected closing date for the Notes Offering is July 23, 2025, pending customary closing conditions [2]. Group 2: Use of Proceeds - The net proceeds from the Notes Offering will be utilized for general corporate purposes, including redeeming existing senior notes and potentially repaying borrowings related to the acquisition of Sitio Royalties Corp. [3]. - Specifically, the proceeds will be used to redeem Viper Energy's 7.375% senior notes due 2031 and 5.375% senior notes due 2027, as well as Sitio's 7.875% senior notes due 2028 if the acquisition closes [3]. Group 3: Company Overview - Viper Energy, Inc. is focused on owning and acquiring mineral and royalty interests in oil and natural gas properties, primarily in the Permian Basin [7].