CALGARY, Alberta, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. (“Petrus” or the “Company”) (TSX: PRQ) is pleased to confirm that its Board of Directors has declared a monthly dividend in the amount of $0.01 per share payable December 30, 2025, to shareholders of record on December 15, 2025. The dividend is designated as an eligible dividend for Canadian income tax purposes. Dividend Reinvestment Plan ("DRIP")Petrus' DRIP enables eligible shareholders to reinvest all or part of their cash dividend ...

U.S. equity markets are experiencing a mixed afternoon on Monday, December 1st, 2025, as investors digest a confluence of factors ranging from lingering concerns over big tech valuations and cryptocurrency volatility to anticipation surrounding upcoming economic data and the Federal Reserve's next policy move. While major indexes initially faced headwinds at the open, they have shown resilience in afternoon trading, attempting to claw back losses.Major Market Indexes PerformanceAs of early afternoon ET, the ...

Core Viewpoint - Chevron Corporation is a leading U.S. oil company with a significant presence in the global energy market, currently trading at $151.49 with an optimistic price target set by HSBC at $169, indicating a potential increase of about 11.56% [1][6]. Group 1: Company Operations - Chevron continues its operations despite geopolitical tensions, with crude oil loadings from its Tengizchevroil venture ongoing at the Russian port of Novorossiysk [2][6]. - The company has shown resilience in maintaining supply, which could positively impact its stock performance [2]. Group 2: Stock Performance - Chevron's stock has experienced volatility, with a recent increase of approximately 1.32%, or $1.98, and a trading range between $149.26 and $151.52 [3]. - Over the past year, the stock has seen a high of $168.96 and a low of $132.04, reflecting broader market conditions [4]. - The current market capitalization of Chevron is approximately $302.88 billion, indicating its significant role in the industry [4][6]. Group 3: Investor Engagement - The trading volume for Chevron stands at 3,832,543 shares, suggesting active investor engagement and confidence in the company's future prospects [5].

Core Viewpoint - Chevron Corporation is a leading player in the energy sector, demonstrating resilience and operational capabilities despite geopolitical challenges, with a positive outlook reflected in stock upgrades by HSBC [2][3][6]. Company Overview - Chevron Corporation (NYSE:CVX) is engaged in exploration, production, refining, and marketing of oil and natural gas, operating globally with significant ventures like Tengizchevroil [1]. - The company competes with major oil companies such as ExxonMobil and BP [1]. Stock Performance - Chevron's stock price is currently $151.49, having increased by approximately 1.32% or $1.98 [4]. - The stock has traded between a low of $149.26 and a high of $151.52 on the current day, with a yearly high of $168.96 and a low of $132.04, indicating market volatility [4]. - The market capitalization of Chevron is approximately $302.88 billion, highlighting its significance in the energy industry [5][6]. - Today's trading volume for Chevron is 3,832,543 shares, indicating active investor interest and close monitoring of the company's performance [5][6]. Recent Developments - HSBC upgraded Chevron's stock from Hold to Buy on December 1, 2025, reflecting increased confidence in the company's future performance [2][6]. - Despite a recent Ukrainian naval drone attack that damaged key equipment, Chevron continues to load crude oil from its Tengizchevroil venture at the Russian port of Novorossiysk, showcasing its operational resilience [3][6].

Oil rose as a key pipeline linking Kazakh fields to Russia’s Black Sea coast halted loading after one of its three moorings was damaged amid Ukrainian attacks in the region over the weekend, while traders assessed potential US military operations in Venezuela alongside expectations for oversupply. West Texas Intermediate traded above $59 on Monday and earlier rose as much as 2.4%. The Caspian Pipeline Consortium carries most of Kazakhstan’s crude exports, which have averaged 1.6 million barrels a day so f ...

Key Takeaways SUBCY secures a decommissioning contract covering the Alba FSU and the Greater Stella Area's FPF-1 facility.Work includes pipeline flushing, diver support vessel operations, and seabed clearance for Ithaca Energy.Project management starts immediately in Aberdeen, with offshore activities scheduled for Q2 2026.Subsea7 S.A. (SUBCY) has secured a contract involving decommissioning activities from Ithaca Energy. Per the terms of the contract, Subsea7 will provide off-station decommissioning servic ...

Brazilian state-run oil firm Petrobras will increase the average price of jet fuel sold to distributors by 3.8%, or 0.13 real ($0.0243) per liter, starting December 1, it said on Monday. ...

Key Takeaways Lower oil prices and cautious OPEC supply shifts highlight value in energy names like WTI.DTI benefits from patented drilling tools, broad basin reach and rising earnings estimates.BTE leverages diversified assets and free-cash-flow discipline to boost returns and cut debt.Oil started the year under pressure from changing government rules, shifting supply decisions by OPEC+, and global conflicts. This combination pushed prices below critical support levels, putting them on track for the bigges ...

Key Takeaways Petrobras cut its 2026-2030 investment plan by 2% to $109B amid lower oil price assumptions.Most spending backs ongoing projects, with $69.2B directed to exploration and production.Petrobras targets 2.7 mbbl/d by 2028 and plans eight new production systems by 2030.Petrobras (PBR) , Brazil’s state-controlled integrated oil and gas company, has officially outlined its investment strategy for the next five years, with a comprehensive business plan aimed at navigating the challenges of fluctuating ...

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