Company Performance - Enbridge (ENB) closed at $45.82, reflecting a -1.5% change from the previous day, underperforming the S&P 500 which gained 0.09% [1] - The stock has increased by 0.91% over the past month, lagging behind the Oils-Energy sector's gain of 5.47% and the S&P 500's gain of 7.21% [1] Earnings Forecast - Enbridge is expected to report an EPS of $0.42, indicating no change from the same quarter last year, with revenue forecasted at $8.97 billion, representing an 8.3% increase year-over-year [2] - For the full year, earnings are projected at $2.12 per share and revenue at $37.6 billion, showing changes of +6% and -3.54% respectively from the previous year [3] Analyst Estimates and Valuation - Recent analyst estimate revisions suggest a positive outlook for Enbridge, with a downward shift of 0.76% in the Zacks Consensus EPS estimate over the past month [5] - Enbridge currently holds a Zacks Rank of 3 (Hold) and has a Forward P/E ratio of 21.91, which is higher than the industry average of 17.03 [5] - The company has a PEG ratio of 4.38, compared to the industry average PEG ratio of 2.57 [6] Industry Context - The Oil and Gas - Production and Pipelines industry, part of the Oils-Energy sector, ranks 148 in the Zacks Industry Rank, placing it in the bottom 40% of over 250 industries [7] - Research indicates that industries in the top 50% of the Zacks Rank outperform those in the bottom half by a factor of 2 to 1 [7]

Kinder Morgan (KMI) closed the latest trading day at $27.53, indicating a -2.17% change from the previous session's end. The stock's change was less than the S&P 500's daily gain of 0.09%.Shares of the oil and natural gas pipeline and storage company witnessed a gain of 3.04% over the previous month, trailing the performance of the Oils-Energy sector with its gain of 5.47% and the S&P 500's gain of 7.21%.The investment community will be closely monitoring the performance of Kinder Morgan in its forthcoming ...

NEW YORK, June 09, 2025 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Civitas Resources, Inc. (NYSE: CIVI). Shareholders who purchased shares of CIVI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/civitas-resources-loss-submission-form/?id=151936&from=3 CLASS PERIOD: Febru ...

Key Takeaways Occidental plans to drill up to 565 Permian wells in 2025, with the region supplying 55% of total output. OXY projects a 15% cut in drilling time and 11% lower well costs thanks to technology upgrades. OXY controls 2.9 million acres in the Permian, which includes conventional and unconventional zones.Occidental Petroleum Corporation (OXY) is among the largest operators in the Permian Basin, a major hub for U.S. oil and gas production. The company has strengthened its footprint in the region ...

– Acquisition will increase production and reserves significantly – – Agreements signed to acquire 95% interest in El Tordillo, La Tapera and Puesto Quiroga hydrocarbon exploitation concessions – CALGARY, Alberta, June 09, 2025 (GLOBE NEWSWIRE) -- Crown Point Energy Inc. (TSX-V: CWV) ("Crown Point" or the "Company") is pleased to announce that its wholly-owned subsidiary, Crown Point Energia S.A., has entered into agreements (the "Acquisition Agreements") with Tecpetrol S.A. ("Tecpetrol") dated June 4, 2025 ...

Key Takeaways E signs MoU with YPF to join Argentina LNG, a $50B gas export project tied to Vaca Muerta reserves. Agreement includes two FLNG units with a combined output capacity of 12 million tpa. YPF seeks to accelerate timelines by leveraging E experience from Congo and Mozambique.Eni S.p.A. (E) has signed a memorandum of understanding (MoU) with Argentina’s state energy giant YPF Sociedad Anonima (YPF) , marking its potential involvement in the $50 billion Argentina LNG project — one of the most ambi ...

Core Insights - Energy Transfer LP (ET) has significant exposure to the Chinese ethane market through its Orbit joint venture with Satellite Petrochemical, making China a crucial destination for ET's ethane exports [1][9] - New licensing requirements from the U.S. Commerce Department, effective May 2025, introduce uncertainty regarding existing agreements and future shipment volumes to China [2][9] - The licensing rule could delay or block ethane shipments, posing risks to ET's operations and revenues, especially at its Mont Belvieu and Nederland export terminals [2][9] Licensing Impact - Energy Transfer is preparing to apply for the necessary export licenses and is assessing the potential impact of denied or delayed authorizations on export volumes and revenue streams related to China [3] - Other ethane exporters, such as Enterprise Products Partners (EPD) and Phillips 66 (PSX), may also face challenges due to the new licensing requirements, with EPD already experiencing a notice of intent to refuse export licenses for shipments to China [5][6] Financial Performance - ET's stock has increased by 3.2% over the past three months, contrasting with a 4.3% decline in the Zacks Oil and Gas - Production Pipeline - MLB industry [7] - The Zacks Consensus Estimate indicates year-over-year earnings growth for ET of 12.5% in 2025 and 1.88% in 2026, with current estimates for earnings per unit at $1.44 for 2025 and $1.47 for 2026 [12][13] Valuation Metrics - ET's current trailing 12-month EV/EBITDA ratio is 10.18X, which is lower than the industry average of 11.08X, suggesting that the company is undervalued compared to its peers [14][16] - Enterprise Products Partners is also trading at a discount with an EV/EBITDA of 10.07X [16] Zacks Rank - Energy Transfer holds a Zacks Rank of 2 (Buy), indicating a favorable outlook compared to other stocks in the market [17]

Core Viewpoint - Prairie Operating Co. has reaffirmed its multi-year Reserve-Based Lending credit facility with Citibank, indicating strong lender confidence in its asset base and execution strategy [1][3]. Financial Summary - The borrowing base of the credit facility is set at $475 million, with a maximum facility size of $1.0 billion and a maturity date of March 26, 2029 [2]. - The addition of Bank of America and West Texas National Bank to the lending syndicate enhances Prairie's financial flexibility and access to capital [3]. Company Overview - Prairie Operating Co. is an independent energy company focused on the development and acquisition of oil and natural gas resources in the Denver-Julesburg Basin, particularly in the Niobrara and Codell formations [4]. - The company emphasizes responsible resource development, aiming for consistent growth, capital discipline, and sustainable cash flow generation [4].

Group 1 - The upstream shale oil and gas sector has experienced a significant downturn, with a 30% decline in oil prices since the beginning of the year, dropping from nearly $80 in mid-January [1] - Supply fears have been alleviated due to tariff-related tensions, impacting investor sentiment in the sector [1] - The Daily Drilling Report provides investment analysis for the oil and gas industry, including a model portfolio covering all segments of upstream oilfield activity and technical analysis to identify catalysts [1] Group 2 - Fluidsdoc is an expert in the upstream oil sector with 40 years of international experience across six continents and over twenty countries [2]

SHELL PLC FIRST QUARTER 2025 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS June 9, 2025 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2025 interim dividend, which was announced on May 2, 2025 at US$0.358 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elec ...