CALGARY, Alberta, June 24, 2025 (GLOBE NEWSWIRE) -- Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE) (OTCQX:CNNEF) (BVC:CNEC) is pleased to announce that at the annual general and special meeting held in Bogotá, Colombia‎ on June 24, 2025 (the "Meeting") holders of common shares of Canacol: (i) elected Charle Gamba, Michael Hibberd, Francisco Diaz, Gustavo Gattass, Valentina Garbarini, Silvestre Tovar Leopardi and David Winter to the Board of Directors; (ii) appointed PricewaterhouseCoopers LL ...

Core Viewpoint - EQT Corporation has experienced a significant share price increase of 33.2% over the past year, outperforming the broader Oils-Energy sector, which saw a decline of 7.8% during the same period [1][2]. Company Performance - EQT has outperformed its peers, Range Resources Corporation and Antero Resources Corporation, with their shares rising only 12% and 3.3%, respectively, in the same timeframe [2]. - EQT currently holds a Zacks Rank 3 (Hold), indicating a neutral outlook on the stock [2]. Operational Focus - EQT is primarily engaged in the exploration and production of natural gas, focusing on the productive Appalachian Basin in the U.S. The company has several untapped drilling locations in this region, which supports a positive production outlook [5]. Positive Factors Boosting Performance - **Rising Demand for Natural Gas**: The demand for natural gas is expected to increase by 4% to 116 billion cubic feet per day (Bcf/d) in the U.S. this year, benefiting EQT [7]. - **Increase in Natural Gas Prices**: Henry Hub spot natural gas prices rose to $4.15 per million British thermal units (Btu) in Q1 2025 from $2.13 in Q1 2024, indicating a significant year-over-year increase [8]. - **Strategic Acquisitions**: EQT's acquisition of Olympus Energy's assets for $1.8 billion includes 90,000 net acres in Southwest Appalachia, enhancing its production capabilities [9][10]. - **Operational Synergies**: The company has achieved approximately $360 million in annual savings from its acquisition of Equitrans Midstream, surpassing previous forecasts [11]. Industry Context - The growing development of gas-fired power plants and data centers in the Appalachian region is expected to further boost demand for natural gas [6]. - Antero Resources and Range Resources also carry a Zacks Rank 3, indicating a similar neutral outlook in the industry [16]. Final Thoughts - EQT benefits from rising natural gas demand, healthy prices, and strategic acquisitions, but faces risks from its hedging strategy and regional concentration. The increasing shift toward renewable energy also poses long-term challenges [15].

OKLAHOMA CITY, April 29, 2025 (GLOBE NEWSWIRE) -- Expand Energy Corporation (NASDAQ: EXE) ("Expand Energy" or the "Company") today reported first quarter 2025 financial and operating results. (1) Definitions of non-GAAP financial measures and reconciliations of each non-GAAP financial measure to the most directly comparable GAAP financial measure are included at the end of this news release. "Overcoming market volatility requires a resilient financial foundation, a deep market-connected portfolio, and low c ...

Natural gas produces lower emissions than crude oil and coal while generating an equivalent amount of energy. Hence, the rising demand for cleaner-burning fossil fuels is brightening the outlook for natural gas exploration and production companies. Given the backdrop, is this the ideal time to invest in upstream players like EQT Corporation (EQT) and Antero Resources (AR) ?Natural Gas Price to Remain SolidIn its latest short-term energy outlook, the U.S. Energy Information Administration (“EIA”) forecasted ...