CALGARY, Alberta, Feb. 27, 2026 (GLOBE NEWSWIRE) -- (“Canacol” or the “Company”) announces that the Court of King’s Bench of Alberta (the “Canadian Court”) has approved the Company’s sale and investment solicitation process (“SISP”) authorizing the Company, with the assistance and oversight of the Sale Advisor (as defined below) and KPMG Inc. in its capacity as court-appointed Monitor (the “Monitor”), to implement the SISP in accordance with the approved procedures. The Court also approved the engagement of ...

CALGARY, Alberta, Feb. 27, 2026 (GLOBE NEWSWIRE) -- (“Canacol” or the “Company”) announces that the Court of King’s Bench of Alberta (the “Canadian Court”) has approved the Company’s sale and investment solicitation process (“SISP”) authorizing the Company, with the assistance and oversight of the Sale Advisor (as defined below) and KPMG Inc. in its capacity as court-appointed Monitor (the “Monitor”), to implement the SISP in accordance with the approved procedures. The Court also approved the engagement of ...

Core Viewpoint - Canacol Energy Ltd. is undergoing a leadership change to enhance its restructuring efforts, appointing new interim co-CEOs and an independent director to the board to strengthen its strategic direction during the Companies' Creditors Arrangement Act proceedings [1][2][4]. Leadership Changes - Mr. Jason Bednar and Mr. Ravi Sharma have been appointed as Interim Co-Chief Executive Officers while retaining their roles as Chief Financial Officer and Chief Operating Officer, respectively [2]. - Dr. Charle Gamba has departed from his position as President and Chief Executive Officer, with the board expressing gratitude for his contributions [3]. Board Appointments - Mr. Peter Laurinaitis has been appointed as an independent director, bringing extensive experience in financial restructuring and corporate turnarounds [4][5]. - Laurinaitis has a 30-year background in financial advisory and investment banking, previously serving in senior roles at PJT Partners and Blackstone [6]. Company Overview - Canacol Energy Ltd. is focused on natural gas exploration and production, with operational activities primarily in Colombia [9].

Core Viewpoint - Canacol Energy Ltd. is undergoing a leadership change to enhance its restructuring efforts, with the appointment of interim co-CEOs and an independent director to the board, aimed at positioning the company for success during its restructuring process under the Companies' Creditors Arrangement Act (CCAA) [1][2][4]. Leadership Changes - Mr. Jason Bednar and Mr. Ravi Sharma have been appointed as Interim Co-Chief Executive Officers while retaining their roles as Chief Financial Officer and Chief Operating Officer, respectively [2]. - Dr. Charle Gamba has departed from his role as President and Chief Executive Officer, with the board expressing gratitude for his contributions [3]. Board Appointments - Mr. Peter Laurinaitis has been appointed as an independent director, bringing extensive experience in financial restructuring and corporate turnarounds [4][5]. - Laurinaitis has 30 years of transactional experience and has held significant roles in restructuring at firms like PJT Partners and Blackstone [6]. Company Background - Canacol Energy Ltd. is focused on natural gas exploration and production, primarily operating in Colombia [9].

OKLAHOMA CITY, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Expand Energy Corporation (NASDAQ: EXE) (“Expand Energy” or the “Company”) today reported fourth quarter and full-year 2025 financial and operating results and issued its 2026 outlook. Fourth Quarter 2025 Highlights Net cash provided by operating activities of $956 million, more than 150% increase from the fourth quarter of 2024Net income of $553 million, or $2.30 per fully diluted share; adjusted net income(1) of $481 million, or $2.00 per diluted shareAdjus ...

HOUSTON, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Azul Resources II, LLC (“Azul II”) today announced the closing of an equity commitment from an investment fund managed by Carnelian Energy Capital Management, L.P. (“Carnelian”). Azul II is led by Zach Hart and the entire executive team from its predecessor, Azul Resources, LLC (“Azul I”), which organically built a 10,000 net acre Haynesville Shale position and grew production to more than 250 mmcf/d before selling its assets in January 2026. Azul II will continue ...

Group 1 - EQT Corporation is considered one of the best inexpensive stocks to buy currently, with analysts from Scotiabank and Barclays adjusting their price targets to $63 and $64 respectively [1][2] - Scotiabank's revision of price targets for North American natural gas stocks is based on a bullish outlook, anticipating persistent supply deficits in the US and Western Canada, which is expected to drive commodity prices and energy equities higher [1][3] - Barclays maintains an Overweight rating for EQT while advising caution due to near-term commodity uncertainty, indicating a mixed sentiment in the market [2][3] Group 2 - EQT Corporation is involved in the production, gathering, and transmission of natural gas, selling to various customers in the Appalachian Basin [4]

Group 1: Company Overview - EQT Corporation (NYSE:EQT) is a vertically integrated natural gas company focusing on production and midstream operations in the Appalachian Basin, delivering reliable gas supply and infrastructure solutions across the U.S. [5] Group 2: Analyst Sentiment and Price Targets - Analysts have mixed sentiment on EQT ahead of its Q4 results, scheduled for announcement on February 17, 2026 [2] - Barclays reduced its price target on EQT from $67 to $64 while maintaining an 'Overweight' rating, citing resilience in the upstream sector's cash return model amid macro volatility [3] - Bank of America Securities lowered its price target on EQT from $84 to $74, reiterating a 'Buy' rating, while expressing concerns over rising oversupply risks in 2027 and downward revisions to natural gas price forecasts [4]

Group 1 - EQT Corporation (NYSE:EQT) is recognized as one of the best AI energy stocks to buy currently [1] - Mixed analyst sentiment is observed ahead of EQT's Q4 results, which are set to be announced on February 17, 2026 [2] - Barclays has reduced its price target for EQT from $67 to $64 while maintaining an 'Overweight' rating, citing resilience in the upstream sector's cash return model despite macro volatility [3] - Bank of America Securities has lowered its price target for EQT from $84 to $74, reiterating a 'Buy' rating, while expressing concerns over rising oversupply risks in 2027 and downward revisions to natural gas price forecasts [4] Group 2 - EQT Corporation operates as a vertically integrated natural gas company, focusing on production and midstream operations in the Appalachian Basin, providing reliable gas supply and infrastructure solutions across the U.S. [5]

Core Viewpoint - Gulfport Energy Corporation (NYSE:GPOR) has experienced a significant decline in share price and has been downgraded by analysts, reflecting concerns over its competitive position and market conditions in the natural gas sector [1][3]. Group 1: Stock Performance - The share price of Gulfport Energy fell by 10.59% between December 31, 2025, and January 7, 2026, making it one of the energy stocks that lost the most during that week [1]. - On January 5, Wolfe Research downgraded Gulfport Energy from 'Outperform' to 'Peer Perform', indicating a lack of compelling reasons for investors to favor GPOR over its peers [3]. Group 2: Market Conditions - The downgrade by Wolfe Research was influenced by a reduction in long-term natural gas price estimates by 25 cents to $4 per thousand cubic feet (mcf) [3]. - Gulfport Energy faced additional pressure as US natural gas futures dropped to a 10-week low of $3.35 on January 6, attributed to forecasts of warmer temperatures leading to decreased heating demand [4].