Oil and Gas
Search documents
BP seeks partner for one of the oldest Iraqi oil fields, Bloomberg News reports
Reuters· 2026-02-05 17:08
BP is looking for a partner to help ramp up production and share some costs at one of the oldest Iraqi oil fields, Bloomberg News reported on Thursday, citing people with knowledge of the matter. ...
Shell weighing Venezuela offshore investments worth billions of dollars, CEO tells CNBC
Reuters· 2026-02-05 16:55
Shell is weighing investments in certain offshore natural gas opportunities in Venezuela involving investments worth a few billion dollars with production expected in the next couple of years, CEO Wae... ...
Why Chevron Stock Surged Over 16% in January
Yahoo Finance· 2026-02-05 16:23
Shares of Chevron (NYSE: CVX) started this year by rallying 16.1% in January. That easily surpassed the S&P 500's 1.4% rise. Oil prices helped fuel that rally. However, crude oil wasn't the only catalyst sending Chevron stock higher last month. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » Image source: Getty Images. Oil ends its slump Oil prices rebounded in January. WTI, the U.S. o ...
Petrus Resources Announces Upsize of Bought Deal Life Offering to $14.5 Million
Globenewswire· 2026-02-05 16:18
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR PUBLIC DISSEMINATION IN THE UNITED STATES. CALGARY, Alberta, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Petrus Resources Ltd. ("Petrus" or the "Company") (TSX: PRQ) is pleased to announce that, due to investor demand, it has entered into an amended agreement with Haywood Securities Inc. on behalf of a syndicate of underwriters (collectively, the "Underwriters"), to increase the size of its previously announced "bought deal" private placement offering to approximately ...
ConocoPhillips Misses Q4 Earnings Estimates on Lower Prices
ZACKS· 2026-02-05 16:11
Key Takeaways ConocoPhillips reported Q4 EPS of $1.02, down from a year ago, while revenues of $14.2B beat estimates.COP's earnings were pressured by lower realized prices, partially offset by higher oil-equivalent output.COP expects 2026 production of 2.33-2.36 MMBOED and plans to return about 45% of operating cash flow.ConocoPhillips (COP) reported fourth-quarter 2025 adjusted earnings per share of $1.02, which lagged the Zacks Consensus Estimate of $1.08. The bottom line decreased from the prior-year lev ...
Shell PLC's Financial Performance and Market Valuation
Financial Modeling Prep· 2026-02-05 16:00
Core Insights - Shell PLC reported earnings per share of $1.14, missing analysts' expectations of $1.21, with revenue at $64.09 billion, below the forecasted $67.91 billion [1][2] Financial Performance - The recent financial outcomes indicate Shell's weakest quarterly profit in nearly five years, attributed to a decline in crude oil prices averaging around $60 per barrel and unfavorable tax adjustments [2] - Shell announced a 4% dividend increase to $0.37 per share and a $3.5 billion share buyback program, reflecting its commitment to enhancing shareholder value [3] Financial Metrics - Shell's price-to-earnings (P/E) ratio is approximately 15.77, with a price-to-sales ratio of about 0.85, indicating market valuation of its sales and cash flow [4] - The company's debt-to-equity ratio stands at 0.42, suggesting a moderate level of debt, while the current ratio of approximately 1.35 indicates its ability to meet short-term obligations [5] - Net debt increased to $45.7 billion by year-end, with gearing rising to 20.7% from 18.8% [5]
Shell Global(SHEL) - 2025 Q4 - Earnings Call Transcript
2026-02-05 15:32
Shell (NYSE:SHEL) Q4 2025 Earnings call February 05, 2026 09:30 AM ET Company ParticipantsAlastair Syme - Managing DirectorBiraj Borkhataria - Global Head of Energy Transition ResearchHenry Tarr - Director and Co-Head of Energy and Environment ResearchIrene Himona - Managing Director of Oil and GasJosh Stone - Head of European Energy and Equity ResearchLucas Herrmann - Managing DirectorMartijn Rats - Chief Commodity Strategist and Head of European Oil and Gas Equity ResearchMichele Della Vigna - Managing Di ...
Shell Global(SHEL) - 2025 Q4 - Earnings Call Presentation
2026-02-05 14:30
Fourth quarter 2025 results Consistent delivery with more to come February 5, 2026 Shell plc | February 5, 2026 Shell plc Definitions & cautionary note The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this presentation "Shell", "Shell Group" and "Group" are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words "we", "us" and "our" are also used to refer to Shell plc and its subsidiaries in general o ...
Kuwait Oil Co in talks with US operators to develop shale oil, gas resources
Reuters· 2026-02-05 14:09
Kuwait Oil Company is in talks with some U.S. firms including Devon Energy and EOG on potential cooperation to develop its shale oil and gas resources, its CEO said on Thursday. ...
Angkor Resources Celebrates Indigenous Community Land Titles and Advances Social Programs, Cambodia
Thenewswire· 2026-02-05 14:00
Core Viewpoint - Angkor Resources Corp. has successfully facilitated the formal granting of nine Indigenous community land titles in Ratanakiri Province, Cambodia, marking a significant milestone in recognizing Indigenous rights and reinforcing the company's commitment to collaborative engagement with local communities [1][2][4]. Indigenous Land Titles - The recognition of the nine community land titles follows a three-year process and is crucial for the Indigenous peoples of Ratanakiri, where approximately 45% of Cambodia's Indigenous population resides [1][2]. - Angkor's Andong Meas mineral exploration license is located within the traditional lands of these Indigenous communities, emphasizing the company's commitment to working collaboratively with them [2][4]. Social Programs and Community Engagement - Angkor is advancing various social programs aimed at improving safety, health, and education outcomes for families in Cambodia, in addition to supporting Indigenous land rights [6][11]. - Current social initiatives include: - English language training for children to enhance future education and employment opportunities [9]. - Installation of water filtration systems and latrines to improve access to clean water and sanitation [9]. - Moto vehicle safety training to reduce motorcycle-related injuries and fatalities [9]. - Financial fraud awareness training to educate community members on identifying and avoiding scams [9][10]. Company Overview - Angkor Resources Corp. is a public company listed on the TSX-Venture Exchange, focusing on mineral and energy solutions in Cambodia [11]. - The company holds two mineral exploration licenses with prospects in copper and gold, currently in their first two-year renewal term [12]. - Angkor's energy subsidiary, EnerCam Resources, has been granted an onshore oil and gas license covering 4,095 square kilometers in Block VIII, with plans to advance oil and gas exploration activities [13].