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Oklo CEO on partnership with Liberty Energy: We're bringing gas as a bridge to nuclear energy
CNBC Television· 2025-07-23 15:35
Buzz to see if you're overpaying on car insurance. >> Nuclear start up Oklo and natural gas firm Liberty Energy today announcing a partnership to provide energy to large scale customers. The company setting their sights on powering data centers as AI energy demand keeps ramping up.Joining us to discuss the new alliance is Oklo CEO Jacob DeWitt and Liberty CEO Ron Guzek. It's great to have you gentlemen. I mean, Jake, we've talked to you numerous times on this show about how you are trying to transition the ...
Magnolia Oil & Gas Corp (MGY) Expected to Beat Earnings Estimates: Should You Buy?
ZACKS· 2025-07-23 15:08
Magnolia Oil & Gas Corp (MGY) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 30, might help the stock move higher if these key numbers are better than ex ...
ExxonMobil's Core Upstream Growth Engines: Permian and Guyana
ZACKS· 2025-07-23 14:36
Key Takeaways XOM's upstream assets in the Permian and Guyana offer low-cost production and long-term growth. The Pioneer acquisition added 1.4M acres and 16B barrels of oil equivalent to XOM's Permian holdings XOM expects Q2 2025 earnings to decline sequentially due to lower oil and natural gas prices.Exxon Mobil Corporation (XOM) has a strong portfolio of upstream assets, centered around oil-rich prolific resources in the Permian Basin and offshore Guyana. Production costs in those assets are low. There ...
X @Bloomberg
Bloomberg· 2025-07-23 13:10
Equinor said that geopolitical volatility is making it a harder environment for the Norwegian energy giant’s traders to operate in, underscoring the risks facing Europe’s oil and gas majors https://t.co/vRU6smb705 ...
Indonesia Energy Plans to Commence Drilling Two Wells at Kruh Block During the Remainder of 2025
Globenewswire· 2025-07-23 11:30
Drilling part of company’s continuing plans to drill a total of 18 wells at the 63,000 acre Kruh Block JAKARTA, INDONESIA AND DANVILLE, CA, July 23, 2025 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it plans to drill two (2) back-to-back wells on IEC’s 63,000 acre Kruh Block commencing in the fourth quarter of 2025. The new drilling activities will be supported by the previously an ...
X @Bloomberg
Bloomberg· 2025-07-23 08:56
The oil-procurement patterns of India’s Reliance Industries are coming under scrutiny after the European Union announced new restrictions on diesel made from Russian crude https://t.co/2SXwvZ39fU ...
X @Bloomberg
Bloomberg· 2025-07-23 05:40
Equinor’s second-quarter profit fell on softer oil prices and a prolonged outage at its liquefied natural gas facility in northern Norway https://t.co/QH42qw4BSs ...
Equinor to commence third tranche of the 2025 share buy-back programme
Globenewswire· 2025-07-23 04:48
Core Viewpoint - Equinor is set to commence the third tranche of its share buy-back program for 2025, amounting to up to USD 1,265 million, with a specific focus on purchasing shares worth up to USD 417.5 million in the market [1][2]. Group 1: Share Buy-Back Program Details - The total share buy-back program for 2025 is up to USD 5 billion, which includes shares to be redeemed from the Norwegian State, and is structured into tranches [2]. - The third tranche will be executed under a non-discretionary agreement with a third party, allowing independent trading decisions [2]. - The maximum number of shares that can be purchased in the market is 84 million, with 67,622,812 shares remaining available at the start of the third tranche [5]. Group 2: Cancellation and Redemption Process - All shares purchased in the third tranche will be cancelled through a capital reduction at the annual general meeting in May 2026 [4]. - The Norwegian State will vote for the cancellation of shares purchased in the market and redeem a proportionate number of its shares to maintain a 67% ownership stake [6][8]. Group 3: Regulatory Compliance - Share purchases will be conducted on the Oslo Stock Exchange and possibly other trading venues within the EEA, adhering to applicable safe harbour conditions and regulations [7]. - The board of directors will propose the cancellation of shares purchased in the third tranche at the annual general meeting in May 2026 [8].
Equinor ASA: Key information relating to cash dividend for the second quarter 2025
Globenewswire· 2025-07-23 04:47
Core Points - Equinor (OSE: EQNR, NYSE: EQNR) has announced a cash dividend of 0.37 USD for the second quarter of 2025 [1] - The last day to include rights for the dividend is 12 November 2025 [1] - The ex-date for Oslo Børs is 13 November 2025, and for the New York Stock Exchange, it is 14 November 2025 [1] - The record date for the dividend is set for 14 November 2025 [1] - The payment date for the dividend is scheduled for 26 November 2025 [1] - The approval date for the dividend was 22 July 2025 [1] - The cash dividend per share in NOK will be communicated on 20 November 2025 [1] Regulatory Compliance - The information is published in accordance with the Euronext Oslo Børs Continuing Obligations [2] - It is subject to the disclosure requirements pursuant to Section 5-12 in the Norwegian Securities Trading Act [2]
Shell (SHEL) Rises Higher Than Market: Key Facts
ZACKS· 2025-07-22 23:15
Shell (SHEL) closed at $71.15 in the latest trading session, marking a +1.18% move from the prior day. This change outpaced the S&P 500's 0.06% gain on the day. Meanwhile, the Dow experienced a rise of 0.41%, and the technology-dominated Nasdaq saw a decrease of 0.39%. Heading into today, shares of the oil and gas company had lost 0.73% over the past month, outpacing the Oils-Energy sector's loss of 3.71% and lagging the S&P 500's gain of 5.88%.Investors will be eagerly watching for the performance of Shell ...