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Oil News: Crude Oil Futures Rally on Russian Supply Risk and Technical Bounce
FX Empire· 2025-11-14 10:57
Core Insights - The article emphasizes the importance of conducting thorough due diligence before making any financial decisions, particularly in the context of investments and trading activities [1] Group 1 - The content includes general news and publications, personal analysis, and opinions intended for educational and research purposes [1] - It highlights that the information provided does not constitute any recommendation or advice for investment actions [1] - The article warns that the information may not be accurate or provided in real-time, and prices may be sourced from market makers rather than exchanges [1] Group 2 - The website discusses complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1] - It encourages individuals to perform their own research and understand the risks involved before investing in any financial instruments [1] - The article states that FX Empire does not endorse any third-party services and is not liable for any losses incurred from using the information provided [1]
Roth Capital Lifts Permian Resources Corporation (PR)’s Price Target Citing Strong Operational Performance in Q3
Yahoo Finance· 2025-11-14 10:10
Core Insights - Permian Resources Corporation (NYSE:PR) is recognized as one of the 13 most undervalued stocks under $20, with Roth Capital raising its price target from $15 to $16 while maintaining a Buy rating [1][2] Operational Performance - The company reported its highest-ever quarterly free cash flow per share during Q3 of fiscal 2025, with oil production reaching 187,000 barrels per day, exceeding expectations and showing a 6% sequential increase [2][4] - CEO William Hickey highlighted operational efficiencies due to strong execution in Texas and a 6% reduction in controllable cash costs compared to the previous year, driven by lower lease operating expenses and drilling and completion costs [3][4] Financial Metrics - Adjusted operating cash flow was reported at $949 million, while adjusted free cash flow was $469 million [4] - The company has raised its full-year oil production guidance to 181.5 million barrels per day and its oil equivalent production target to 394.0 million barrels of oil equivalent per day [4] Future Projections - Roth Capital has increased its forecasts for the company's cash flow per share by 3% for 2025 and by 8% for 2026, reflecting anticipated production increases [5]
OMS Energy Technologies Inc. to Announce First Half Fiscal Year 2026 Financial Results on Friday, November 21, 2025
Globenewswire· 2025-11-14 10:00
Core Viewpoint - OMS Energy Technologies Inc. is set to report its unaudited financial results for the fiscal first half ended September 30, 2025, on November 21, 2025, before the U.S. market opens [1] Group 1: Earnings Call Details - The earnings conference call is scheduled for 7:00 A.M. U.S. Eastern Time on November 21, 2025, or 8:00 P.M. Singapore Time [2] - Participants can register online to join the conference call and will receive details including dial-in numbers, passcode, and a unique access PIN [2] - A live webcast of the conference call will be available on the Company's investor relations website, with a replay accessible after the session [3] Group 2: Company Overview - OMS Energy Technologies Inc. is a growth-oriented manufacturer of surface wellhead systems and oil country tubular goods for the oil and gas industry [4] - The Company serves both onshore and offshore exploration and production operators across six vital jurisdictions in the Asia Pacific, Middle Eastern, and North African regions [4] - OMS operates 11 strategically located manufacturing facilities to ensure rapid response times and customized technical solutions [4]
Valeura Energy Inc. Announces Third Quarter 2025 Results
Accessnewswire· 2025-11-14 07:35
Core Insights - Valeura Energy Inc. reported strong financial and operational results for Q3 2025, highlighting significant oil production and revenue growth [1] Financial Performance - Oil production reached 23.0 mbbls/d with oil sales totaling 2.2 million bbls [1] - The average realized price for oil was US$72.1/bbl, leading to total revenue of US$155.7 million [1] - Adjusted EBITDAX was reported at US$80.7 million, while adjusted after-tax cash flow from operations was US$73.2 million [1] - As of September 30, 2025, the company had a cash and net cash balance of US$248.4 million, with no debt [1] - Adjusted working capital stood at US$275.2 million [1] Operational Highlights - A successful ten-well drilling campaign at block G11/48 resulted in an increase in production to 24.8 mbbls/d by the end of the quarter [1] - The company expanded its offshore acreage through a strategic farm-in agreement in the Gulf of Thailand [1] - Continued progress was made on the Wassana field redevelopment project [1] - Valeura was recognized by Report on Business Magazine as Canada's No. [1]
FRONTERA ANNOUNCES THIRD QUARTER 2025 RESULTS
Prnewswire· 2025-11-14 04:26
Core Insights - Frontera Energy Corporation reported a net income of $25.4 million for Q3 2025, including $15 million in insurance recoveries related to the Sabanero Block [1][27] - The company generated an Operating EBITDA of $86.6 million from continuing operations, reflecting a focus on capital discipline and operational efficiency [3][28] - Adjusted Infrastructure EBITDA reached $30.4 million, driven by strong performance in the ODL business [10][59] - The company streamlined its organization, expecting overhead savings of $10-$15 million going forward [1][21] - Production costs were reduced by 5% and transportation costs by 1% through operational improvements [1][7] Financial Performance - Frontera's cash provided by operating activities was $115 million, a significant increase from $41.8 million in the previous quarter [14][28] - The company declared a quarterly dividend of C$0.0625 per share, totaling approximately $3.1 million [1][37] - Total cash position at the end of Q3 2025 was $172.1 million, down from $197.5 million at the end of Q2 2025 [32] Production and Operations - Average production for the nine months ended September 30, 2025, was 39,240 boe/d, with revised guidance set at 39,000 - 39,500 boe/d for the year [1][40] - Heavy crude oil production averaged 27,078 bbl/d, while light and medium crude oil production averaged 9,235 bbl/d [13][46] - The company faced a 2% decrease in production during the quarter due to adverse weather conditions [8][27] Infrastructure Developments - The company announced the final investment decision for the Puerto Bahia LPG project, expected to be operational in the first half of 2026 [11][57] - ODL volumes transported increased to 241,958 bbl/d, reflecting strong performance from Ecopetrol's Caño Sur block [10][59] - Puerto Bahia's operating EBITDA remained flat despite reduced liquids throughput, offset by growth in general cargo operations [10][60] Strategic Initiatives - Frontera's qualification for the OTCQX® Best Market enhances visibility and trading liquidity for investors [5][6] - The company repurchased 385,200 shares under its Normal Course Issuer Bid (NCIB) program, demonstrating commitment to returning capital to shareholders [4][35] - The company continues to explore strategic initiatives to enhance shareholder value, including potential mergers or business combinations [34]
Prairie Operating Co. Announces Third Quarter 2025 Earnings Release Date and Conference Call
Globenewswire· 2025-11-14 01:00
Core Viewpoint - Prairie Operating Co. is set to release its third quarter 2025 financial and operational results on November 14, 2025, after market close, indicating ongoing transparency and engagement with investors [1] Group 1: Financial Results Announcement - The company will announce its third quarter 2025 financial and operating results after market close on November 14, 2025 [1] - A conference call and webcast will be held on November 17, 2025, at 9:00 AM Eastern Time to review the results and provide updates on recent developments [2][3] Group 2: Webcast and Participation Details - Participants can access the webcast from the "Press & Media" page of Prairie's website [3] - To participate via telephone, registration is required in advance, and a replay of the webcast will be available for two weeks following the call [4] Group 3: Company Overview - Prairie Operating Co. is an independent energy company based in Houston, focused on the development and acquisition of oil and natural gas resources in the Denver-Julesburg (DJ) Basin, particularly in the Niobrara and Codell formations [5] - The company emphasizes responsible development and aims to maximize returns through consistent growth, capital discipline, and sustainable cash flow generation [5]
Venezuela has a long road back to oil production of a million barrels a day, says RBC's Helima Croft
Youtube· 2025-11-13 22:08
Let's talk about it all with Lima Croft, global head of commodity strategy at RBC. An important day to have you on because oil is actually one of the few things that's that's rising today. But is there a real chance the US could could go into Venezuela.>> I mean, are we building up to a regime change operation. Is this display of military force I mean, it's a massive US military buildup off the coast of Venezuela. Are we trying to play a game of psychops with Maduro essentially saying like if you don't leav ...
Tamboran Resources Corporation(TBN) - 2026 Q1 - Earnings Call Presentation
2025-11-13 22:00
NYSE: TBN, ASX: TBN 1Q FY26 Result Presentation Mr. Dick Stoneburner – Chairman & Interim CEO North America: November 13, 2025 | Australia: November 14, 2025 Disclaimer Forward looking statements may include statements about, among other things: our business strategy and the successful implementation of our business strategy; our future reserves; our financial strategy, liquidity and capital required for our development programs; estimated natural gas prices; our dividend policy; the timing and amount of fu ...
Battalion Oil Corporation Announces Third Quarter 2025 Financial and Operating Results
Globenewswire· 2025-11-13 21:43
Core Insights - Battalion Oil Corporation reported financial and operational results for Q3 2025, highlighting a net loss of $15.0 million and an adjusted EBITDA of $18.9 million, reflecting a year-over-year increase from $13.5 million in Q3 2024 [7][5]. Financial Performance - Average daily net production for Q3 2025 was 12,293 Boe/d (53% oil), compared to 12,076 Boe/d (52% oil) in Q3 2024, indicating a production increase of approximately 217 Boe/d [5][20]. - Total operating revenue for Q3 2025 was $43.5 million, down from $45.3 million in Q3 2024, primarily due to a $2.24 decrease per Boe in average realized prices [5][14]. - Battalion realized 98.3% of the average NYMEX oil price during Q3 2025, with realized hedge gains totaling approximately $4.1 million [5][8]. Operational Highlights - Drilling operations in the West Quito Draw resulted in two new wells producing an average of 883 Boe/day over the first 120 days, with savings of over $1.1 million per well compared to AFE [3][4]. - The acid gas injection facility ceased operations on August 11, 2025, leading to a temporary shut-in of a portion of the Monument Draw field, with approximately 1,600 barrels of oil per day still shut-in [4][8]. Cost Management - Lease operating and workover expenses were $11.69 per Boe in Q3 2025, up from $11.56 per Boe in Q3 2024, attributed to increased water production and disposal costs [6]. - Gathering and other expenses decreased to $9.02 per Boe in Q3 2025 from $11.20 per Boe in Q3 2024, due to improved efficiency at central production facilities [6]. Liquidity and Financial Position - As of September 30, 2025, Battalion had $213.8 million in term loan indebtedness and total liquidity of $50.5 million [9]. - The company entered into an amendment of its credit facility on November 12, 2025, providing additional operational flexibility through June 30, 2027 [9][10]. Production and Pricing - Crude oil production for Q3 2025 was 599 MBbls, with an average price of $63.98 per Bbl, down from $73.73 per Bbl in Q3 2024 [20]. - Total production volumes for Q3 2025 included 1,131 MBoe, with average prices per Boe at $38.36, compared to $40.60 in Q3 2024 [20].
Freehold Royalties Announces Third Quarter 2025 Results
Globenewswire· 2025-11-13 21:01
Core Insights - Freehold Royalties Ltd. reported a 10% increase in average production to 16,054 boe/d in Q3 2025 compared to Q3 2024, driven by a 33% increase in U.S. production and a 13% increase in heavy oil production in Canada [3][9] Financial Performance - The company generated $74 million in revenue and $59 million in funds from operations, equating to $0.36 per share [5][9] - Dividends paid during the quarter totaled $44 million, maintaining a payout of $0.27 per share [7][9] - The net debt was reduced by $7.3 million, resulting in a net debt to funds from operations ratio of 1.1x for the trailing 12 months [7][9] Production and Operations - Gross drilling activity totaled 282 wells, with 83 in Canada and 199 in the U.S., reflecting a 4% increase compared to the previous quarter [12][9] - The average realized price for petroleum and natural gas was $48.92/boe, with U.S. production priced at $56.54/boe and Canadian production at $42.44/boe [9][10] Leasing and Revenue - Bonus and leasing revenue reached $1.7 million for the quarter, totaling a record $7.6 million for the first three quarters of 2025, primarily from leasing activity in the Permian basin [6][9] - The company signed 34 new leases, contributing to the robust leasing revenue [9][16] Drilling Activity - In Canada, 83 gross wells were drilled, marking an 84% increase on a gross basis compared to the prior quarter, primarily focused on oil plays [14][17] - In the U.S., 199 gross wells were drilled, with 92% of the activity in the Permian basin [17][18] Credit Facilities - Freehold renewed and amended its credit facilities, increasing the total from $450 million to $500 million, with a committed facility of $480 million [19]