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Bloomberg· 2025-11-24 15:54
Abu Dhabi National Oil will maintain its investments at $150 billion over the next five years as it targets growth in production capacity at home and expands internationally https://t.co/vsv7MwokiW ...
Diversified Energy Completes Canvas Energy Acquisition
Globenewswire· 2025-11-24 15:30
Core Viewpoint - Diversified Energy Company has successfully completed the acquisition of Canvas Energy, enhancing its operational capabilities and asset portfolio in Oklahoma, funded through a $400 million asset-backed securitization [2][3]. Acquisition Highlights - The acquisition adds complementary operated producing properties and acreage positions in Oklahoma, with a purchase price of approximately $550 million, reflecting a purchase price multiple of about 3.5x on next twelve months (NTM) EBITDA [7]. - The estimated NTM EBITDA for the combined entities is around $155 million, prior to anticipated synergies, with a proved PV-10 value of approximately $690 million and total reserves of about 200 million barrels of oil equivalent (MMBoe) [7]. - The acquisition is expected to yield significant annual run rate synergies and includes commercially attractive undeveloped acreage, providing options for portfolio optimization [7]. ABS Financing Highlights - To facilitate the acquisition, the company issued 3,720,125 new shares of common stock, which will be listed on the New York Stock Exchange [4]. - The ABS transaction is structured as a master trust, with "A" tranche notes priced at a blended coupon of 5.97%, benefiting from an investment-grade rating [7]. Total Voting Rights - As of November 24, 2025, the total number of shares of common stock in issue is 80,445,793, with each share carrying one vote [6].
Goldman Sachs Remains Bullish on Devon Energy (DVN) Following Q3 2025 Results
Yahoo Finance· 2025-11-24 15:16
With significant hedge fund interest, Devon Energy Corporation (NYSE:DVN) secures a spot on our list of the 12 best commodity stocks to buy right now. Goldman Sachs Remains Bullish on Devon Energy (DVN) Following Q3 2025 Results On November 13, 2025, Goldman Sachs’ Neil Mehta reiterated a “Buy” rating on Devon Energy Corporation (NYSE:DVN) with a $42 price target. Earlier, on November 12, 2025, Devon Energy Corporation (NYSE:DVN) saw RBC Capital reiterate its “Sector Perform” rating with a $42 price tar ...
UBS Remains Bullish on ConocoPhillips (COP) Amid Cost Pressures and Softer 2026 Oil Volume Outlook
Yahoo Finance· 2025-11-24 15:16
ConocoPhillips (NYSE:COP) is one of the 12 best commodity stocks to buy right now. UBS Remains Bullish on ConocoPhillips (COP) Amid Cost Pressures and Softer 2026 Oil Volume Outlook On November 12, 2025, UBS reduced its price target on ConocoPhillips (NYSE:COP) from $122 to $117, reiterating a “Buy” rating. The investment firm cites cost pressures from the Willow project, which are evident from the $1-$1.5 billion capital expenditure increase for the project. These cost pressures, alongside softer 2026 o ...
Strong Cash Flow to Support EOG Resources’ (EOG) Robust Pipeline Amid Oil Supply Headwinds; RBC Capital Remains Bullish
Yahoo Finance· 2025-11-24 15:16
With significant hedge fund interest, EOG Resources, Inc. (NYSE:EOG) secures a spot on our list of the 12 best commodity stocks to buy right now. Strong Cash Flow to Support EOG Resources' (EOG) Robust Pipeline Amid Oil Supply Headwinds; RBC Capital Remains Bullish On November 11, 2025, EOG Resources, Inc. (NYSE:EOG) saw its price target maintained by RBC Capital at $145 with a “Buy” rating. This was followed by EOG Resources, Inc. (NYSE:EOG)’s solid Q3 results, marking $1.5 billion in net income with $1 ...
今晚,油价下调!最新价格公布
Sou Hu Cai Jing· 2025-11-24 13:30
南都讯 记者朱唯信根据国家成品油价格形成机制,结合近一段时期国际市场油价变化情况,国家发展 改革委决定自2025年11月24日24时起下调国内成品油价格,即在现行价格的基础上,广东省汽、柴油价 格每吨分别下调70元和65元。 据了解,今年国内成品油零售价格已经历23轮调整,其中7次上调,6次搁浅,10次下调。 调整后,广东省成品油最高销售价格见下表。 | 品名 | 最高批发价格(元/吨) | 最高零售价格 | | | --- | --- | --- | --- | | | | 元/吨 | 元/升 | | 0 号柴油(VI) | 7320 | 7620 | 6.53 | | 89 号汽油(VI) | 8320 | 8620 | 6.41 | | 92 号汽油(VI) | 8837 | 9137 | 6.91 | | 95 号汽油(VI) | 9354 | 9654 | 7.48 | ...
Oil Price News: Why $55 Could Be the Next Target for WTI
FX Empire· 2025-11-24 12:54
Oil has sold down in tandem with an unwind in equities. Many will look at NVIDIA’s earnings report as the linchpin. The earnings were good. The market immediately bought the earnings number, then sold down aggressively at the reopen of trade. This is deleveraging. People sell what’s liquid to fund that which is less liquid, or go to cash. The reasons for correlation are myriad.It is somewhat clearer now, how the same liquidity that kept equities elevated, also kept energy alive. In the last week, I decided ...
Oil Extends Fall as Traders Assess Russia-Ukraine Peace Talk Prospects
Barrons· 2025-11-24 10:32
Core Insights - Oil prices are declining as investors evaluate the potential for a peace agreement between Ukraine and Russia, which could impact market dynamics significantly [1][2] Oil Market Analysis - Brent crude oil prices decreased by 0.4% to $61.68 per barrel, while WTI crude oil prices fell by 0.5% to $57.79 per barrel, indicating a continuation of last week's downward trend [1] - Analysts from ING highlighted that developments regarding a potential peace agreement are crucial for the oil market, especially given the uncertainty surrounding the effects of sanctions on Russian companies Rosneft and Lukoil [2] - A peace deal could enhance the likelihood of sanctions being lifted or at least not enforced strictly, which would have significant implications for oil supply and pricing [2]
Sandesara brothers: What we know about duo flourishing in Nigeria as SC allows settlement in $1.6 billion fraud case
The Economic Times· 2025-11-24 09:58
The Africa’s biggest crude-producing nation has partnered with the Sandesara brothers' firm in their multi-billion dollar project, under which the government announced the discovery of as many as 1 billion barrels of oil in the country’s arid northeast. In 2023, the government announced ambitious targets for its hydrocarbons sector, which sounds like another fodder for the Sandesara duo. The choice of a company linked to the family of two businessmen labelled as fugitives by India to handle well-drilling f ...
今晚国内成品油价格降低:加满一箱油将少花2.5元左右
Sou Hu Cai Jing· 2025-11-24 09:19
IT之家 11 月 24 日消息,根据国家发展改革委消息,近期国际市场油价波动运行,根据11月24日的前10 个工作日平均价格与上次调价前10个工作日平均价格对比情况,按照现行成品油价格机制,自11月24日 24时起,国内汽、柴油价格(标准品,下同)每吨分别降低70元和65元。调整后,各省(区、市)和中 心城市汽、柴油最高零售价格见附表。 IT之家附各省区市和中心城市汽、柴油最高零售价格如下: IT之家汇总今年(2025 年)国内油价调整如下: 92 号汽油 调整幅度(元/升) 调整后价格(元/升) 1 月 2 日 ↑0.057.55 1 月 16 日 ↑0.277.82 2 月 6 日 - 7.82 2 月 19 日 ↓0.137.69 3 月 5 日 ↓0.117.58 3 月 19 日 ↓0.227.36 4 月 2 日 ↑0.187.54 4 月 17 日 ↓0.387.16 4 月 30 日 - 7.16 5 月 19 日 ↓0.186.98 6 月 3 日 ↑0.057.03 6 月 17 日 ↑0.207.23 7 月 1 日 ↑0.187.41 7 月 15 日 ↓0.107.31 7 月 2 ...