Brent/WTI to Bottom in 2026Q4 at $60/56 as Risk Premium Fades and Fair Value Price Declines on Higher OECD Stocks February 2026 Oil Update Daan Struyven Managing Director Co-Head of Commodities Research; Head of Oil Research Goldman Sachs & Co. LLC +1 212-357-4172 daan.struyven@gs.com Yulia Grigsby Vice President Senior Energy Strategist Goldman Sachs & Co. LLC +1 646-446-3905 yulia.grigsby@gs.com Investors should consider this report as only a single factor in making their investment decision. For Reg AC c ...

Core Viewpoint - EQV Ventures Acquisition Corp. has received shareholder approval for its business combination with Presidio Investment Holdings LLC, a company focused on optimizing mature oil and gas assets in the U.S. [2][4] Company Overview - Presidio is headquartered in Fort Worth, TX, and operates mature oil and gas wells across the Mid-Continent, focusing on optimizing existing production and generating sustainable cash flow from low-decline, producing assets [5]. - EQV Ventures Acquisition Corp. is a special purpose acquisition company formed to merge with businesses, specifically in the oil and gas sector, and currently owns and operates over 3,500 wells across 10 states [7]. Transaction Details - The business combination is expected to close on or about March 4, 2026, with shares of the combined entity anticipated to trade on NYSE under the symbol "FTW" starting March 5, 2026 [3]. - Following the transaction's closing, Presidio plans to announce formal dividend timing details aligned with its shareholder return strategy, which emphasizes a capital-light platform with minimal reinvestment requirements [4].

Ten stocks soared higher on Friday, defying a wider market pessimism, as investors digested a flurry of strong earnings and upbeat outlooks, among other company-specific developments.Meanwhile, the Dow Jones led the drop among Wall Street’s three main indices, slashing 1.05 percent. The Nasdaq followed with a 0.92 percent loss, while the S&P 500 declined by 0.43 percent.Indices aside, this article focuses on the 10 top-performing companies on Friday alongside the reasons behind their gains.To come up with t ...

It's only half but I [music] don't care. It's 5:00 somewhere. This [music] lunch break is going to take all afternoon after night.>> [music] >> Ladies and gentlemen, please welcome to the stage Secretary of Energy Chris Wright. >> Hello, Corpus. Awesome to be here with you all.President Donald J. Trump was elected overwhelmingly on a simple agenda. He was going to make America great again. How do you make America great again. Is you make the lives of Americans great.You bring that American dream closer in r ...

Chevron (NYSE: CVX) stock is hovering around an all-time high price after gaining 21.6% year to date at the time of this writing. The energy sector is booming due to rising oil prices and investor uncertainty. Some investors are gravitating toward heavy industries that are less vulnerable to artificial intelligence (AI) disruption -- like oil and gas. At around $185 per share, Chevron is knocking on the door of the $200-per-share milestone. But some investors may be worried Chevron is running up too far, ...

Matador Resources Company (NYSE:MTDR) is one of the cheap energy stocks to buy right now. On February 24, Matador Resources reported financial results for 2025, highlighted by a 9% increase in total proved oil and natural gas reserves, reaching 667 million BOE. During Q4, the company achieved its highest-ever average production of 211,290 barrels of oil and natural equivalent/BOE per day (121,363 barrels of oil per day). This success was paired with significant debt reduction, as the company paid down ~$20 ...

Diamondback Energy Inc. (NASDAQ:FANG) is one of the cheap energy stocks to buy right now. On February 23, Diamondback Energy reported strong 2025 results, headlined by full-year average production of 921.0 MBOE/d and $5.9 billion in adjusted free cash flow. Q4 specifically showed high operational efficiency with oil production reaching 512.8 MBO/d and the generation of $1.2 billion in adjusted free cash flow. The company remains committed to aggressive shareholder returns, declaring a 5% increase in its ...

HOUSTON, Feb. 27, 2026 (GLOBE NEWSWIRE) -- PrimeEnergy Resources Corporation (NASDAQ: PNRG) today announced that it has entered into a Fifth Amendment to its Fourth Amended and Restated Credit Agreement with its bank group, led by Citibank, N.A., as administrative agent. In connection with the scheduled semi-annual redetermination, the Company’s borrowing base was reaffirmed at $115.0 million. As of December 31, 2025 and February 27, 2026, the Company had no borrowings outstanding under the facility, leavin ...

Prospera Energy Inc. (TSXV: PEI) (OTC Pink: GXRFF) ("Prospera", "PEI", the "Company", or the "Corporation")Calgary, Alberta--(Newsfile Corp. - February 27, 2026) - Prospera Energy is pleased to announce that the Company has been invited to present at an industry leadership presentation and a technical industry conference, reflecting growing industry recognition of Prospera's disciplined heavy oil reactivation strategy and operational execution across legacy assets in the Western Canadian Sedimentary Basin. ...

Skip to main content Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv The U.S. is the world's top oil-producing nation as well as its top consumer, but analysts have been expecting output to slow in response to the decline in oil prices in recent years. U.S. West Texas Intermediate crude futures were trading near $67 on Friday, compared with about $77.50 at the same time in 2024. Total U.S. petroleum demand rose 624,000 bpd to 20.85 million bpd in December, high ...