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Mr. Market Is Finally Waking Up To The Reality Of Bank7 (NASDAQ:BSVN)
Seeking Alpha· 2026-01-16 22:54
Group 1 - The article emphasizes the focus on cash flow and the potential for value and growth in the oil and natural gas sector [1] - Crude Value Insights provides a service that includes a 50+ stock model account and in-depth cash flow analyses of exploration and production (E&P) firms [1] - Subscribers benefit from live chat discussions about the sector, enhancing community engagement and information sharing [1] Group 2 - A two-week free trial is offered to new subscribers, encouraging them to explore the services related to oil and gas investments [2]
Exclusive: US moving fast to expand Chevron's Venezuela license, Energy Secretary Wright tells Reuters
Reuters· 2026-01-16 22:27
The U.S. is moving as fast as it can to grant Chevron an expanded license for its oil production in Venezuela, U.S. Energy Secretary Chris Wright told Reuters on Friday. ...
Exclusive: Shell, Mitsubishi exploring sale options for their stakes in LNG Canada, sources say
Reuters· 2026-01-16 19:30
Oil major Shell and Japanese conglomerate Mitsubishi Corp are exploring sale options for their respective stakes in the C$40 billion ($28.8 billion) LNG Canada project, three sources familiar with the... ...
Tuktu Resources Ltd. Announces Results of Special Meeting of Shareholders
TMX Newsfile· 2026-01-16 19:20
Calgary, Alberta--(Newsfile Corp. - January 16, 2026) - Tuktu Resources Ltd. (TSXV: TUK) ("Tuktu" or the "Company"), a junior oil and gas producer based in Calgary, Alberta, announces the results of the special meeting of shareholders ("Shareholders") of Tuktu held on January 15, 2026 (the "Meeting"). A total of 168,408,260 common shares in the capital of the Company (representing 63.42% of the total issued and outstanding shares) were voted in person or by proxy at the Meeting.Shareholders voted: (i) in f ...
International oil companies push for quick reforms in Venezuela to give them control over oil exports
Reuters· 2026-01-16 18:30
Oil executives and lawyers for international oil companies are lobbying the U.S. and Venezuelan governments for changes in the OPEC member's hydrocarbon law that would give them the right to freely ex... ...
Chevron & Partners Approve Leviathan Expansion Project in Israel
ZACKS· 2026-01-16 18:00
Key Takeaways CVX & partners reach FID for Leviathan field expansion, increasing natural gas production capacity in Israel.CVX plans new wells, added subsea equipment, and upgraded treatment facilities to handle higher gas volumes.CVX expects Leviathan output to reach about 21 bcm annually, supporting Israel's demand and regional exports.Chevron Corporation (CVX) , a U.S. oil and gas giant, announced that its subsidiary Chevron Mediterranean Limited (CML) and its partners at the Leviathan natural gas reserv ...
US sells Venezuelan oil at 30% higher prices, completes $500M deal, energy secretary says
New York Post· 2026-01-16 16:10
The US is selling Venezuelan oil at 30% higher prices than before as it completed its first sale worth roughly $500 million, according to the US Department of Energy.The sale came in the wake of the US’ stunning Jan. 3 raid that captured dictator Nicolás Maduro and his wife on charges including narco-terrorism conspiracy.“We’re getting about a 30% higher realized price when we sell the same barrel of oil than they sold the same barrel of oil three weeks ago,” Energy Secretary Chris Wright said Thursday duri ...
Energy ETFs in Spotlight as US Natural Gas Prices Set to Fall This Year
ZACKS· 2026-01-16 15:41
Key Takeaways EIA sees U.S. natural gas prices averaging under $3.50/MMBtu in 2026 due to oversupply.The outlook also projects prices surging over 30% in 2027, creating an entry opportunity for investors. XLE and FENY offer exposure to major gas producers with export strength, helping buffer weak U.S. prices. As the U.S. Energy Information Administration (EIA) releases its updated 2026 Short-Term Energy Outlook in January, forecasting a potential price decline for natural gas this year, the current spotlig ...
Patterson-UTI Inks Rig Lease Deal for Archer's Vaca Muerta Operations
ZACKS· 2026-01-16 13:20
Key Takeaways PTEN will lease two APEX 1500 drilling rigs to Archer under a multi-year agreement for Argentina.PTEN's rigs will support Archer's YPF contract, with Archer covering prep, upgrades and mobilization costs.PTEN expects the high-spec rigs to begin operating in the Vaca Muerta formation by mid-2026.Patterson-UTI Energy, Inc. (PTEN) , a leading provider of onshore drilling and pressure pumping services, has secured a significant agreement to lease two state-of-the-art APEX 1500 drilling rigs to DLS ...
Here Are Friday’s Top Wall Street Analyst Research Calls: ConocoPhillips, Devon Energy, Garmin, Honeywell, HP, PepsiCo, Rocket Labs, Seagate, and More
247Wallst· 2026-01-16 13:02
Market Overview - Futures are trading higher, indicating a potential positive close to the week after a significant rally on Thursday, driven by a combination of factors including positive economic data and strong earnings reports from major banks [1] - The Dow Jones closed up 0.60% at 49,442, the S&P 500 rose 0.26% to 6,944, and the Nasdaq increased by 0.25% to 23,530, with the Russell 2000 leading the gains at 0.86% [1] Treasury Bonds - Treasury yields increased across the curve as sellers returned, influenced by positive inflation reports and labor market news, which led to speculation that interest rate cuts may be delayed until June [2] - The 30-year bond closed at 4.80%, while the 10-year note was at 4.17% [2] Oil and Gas - Oil prices fell sharply, with Brent Crude down 4.12% to $63.78 and West Texas Intermediate down 4.42% to $59.28, ending a five-day winning streak due to reduced military tensions and oversupply concerns [3] - Natural gas saw a slight increase, closing at $3.14, up 0.74% [3] Gold and Silver - Gold prices experienced a minor decline of 0.24%, closing at $4,615, attributed to profit-taking and reduced geopolitical tensions [4] - Silver also fell by 0.84% to $92.29, with traders noting it may not be included in the critical minerals tariff list for now [4] Cryptocurrency - The cryptocurrency market faced a downturn, primarily due to the postponement of a key US Senate crypto bill, with Bitcoin dropping below $96,000 during trading [5] - Bitcoin was trading at $95,357 and Ethereum at $3,304 at 8 AM EST [5] Analyst Upgrades - Garmin Ltd. upgraded to Equal Weight from Underweight with a target price increase to $217 from $208 [12] - Honeywell International Inc. upgraded to Overweight from Neutral, target price raised to $255 from $218 [12] - PepsiCo Inc. raised to Outperform from Neutral with a target price of $179 [12] - Rocket Lab Corp. upgraded to Overweight from Equal Weight, target price increased to $105 from $67 [12] - Seagate Technology Holdings plc raised to Neutral from Negative, target price increased to $280 from $150 [12] Analyst Downgrades - ConocoPhillips downgraded to Underperform from Neutral with a target price of $102 [12] - Devon Energy Corp. downgraded to Sector Perform from Outperform, target price set at $41 [12] - HP Inc. cut to Underweight from Equal Weight, target price reduced to $18 from $24 [12] - Kraft Heinz Co. downgraded to Underweight from Equal Weight, target price trimmed to $24 from $27 [12] - MGM Resorts International cut to Underweight from Equal Weight, target price lowered to $33 from $40 [12] Analyst Initiations - Martin Marietta Materials Inc. initiated with a Neutral rating and a target price of $700 [12] - Staar Surgical Co. resumed coverage with an Underweight rating and a target price of $13 [12] - TFS Financial Corp. assumed coverage with a Neutral rating and a target price of $15 [12] - Unity Software Inc. started with a Buy rating and a target price of $52 [12] - Vulcan Materials Inc. initiated with a Buy rating and a target price of $345 [12]