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Ecopetrol Plans $5.9B–$7.2B Investments for 2026, Targets 40% EBITDA Margin
Benzinga· 2025-11-28 17:45
Ecopetrol S.A. (NYSE:EC) , based in Colombia, on Friday disclosed that its board targets investments of COP 22 trillion ($5.9 billion) and COP 27 trillion ($7.2 billion) for 2026. • EC shares are showing limited movement. Get the complete picture here.The plan maintains investment broadly in line with projected 2025 year-end levels, following disciplined capital allocation across all business lines.DetailsOf the 2026 investment plan, the company expects to use roughly COP 17.2 trillion (about 70% of the tot ...
Canada's third-quarter annualized GDP surprises with growth of 2.6%
Yahoo Finance· 2025-11-28 15:04
By Promit Mukherjee OTTAWA (Reuters) -Canada's economy grew at a much faster pace than expected in the third quarter as crude oil exports and government spending boosted economic activity, data showed on Friday, even as business investments and household consumption disappointed due to the lingering uncertainty over U.S. tariffs. Third-quarter annualized gross domestic product grew 2.6%, Statistics Canada said, escaping what could have been a technical recession after a contraction in the previous qua ...
Ecopetrol Group to Invest Between COP 22 and 27 Trillion in 2026
Prnewswire· 2025-11-28 13:47
Accessibility StatementSkip Navigation Bogota D.C, Nov. 28, 2025 /PRNewswire/ -- Ecopetrol S.A. (BVC: ECOPETROL;Â NYSE: EC) ("Ecopetrol" and together with its subsidiaries, the "Ecopetrol Group") announces that its board of directors has approved the Ecopetrol Group's Annual Investment Plan for 2026 (the "2026 Annual Investment Plan"), with an amount ranging between COP 22 and 27 trillion. This plan maintains investment levels compared to the projected 2025 year-end figures, under capital discipline criteri ...
Crude oil prices remain vulnerable ahead of OPEC+ meeting
Invezz· 2025-11-27 18:12
The crude oil market was rather muted on Thursday due to the US Thanksgiving celebrations. However, USO ETF extended its previous gains, having bounced off its one-month low. ...
Wall Street Has a Mixed Opinion on EOG Resources (EOG), Here’s Why
Yahoo Finance· 2025-11-27 10:52
EOG Resources, Inc. (NYSE:EOG) is one of the Best Very Cheap Stocks to Invest In. On November 20, Devin McDermott from Morgan Stanley maintained a Hold rating on the stock, raising the price target from $136 to $138. Earlier, on November 18, Mark Lear from Piper Sandler had also maintained a Hold rating on EOG Resources, Inc. (NYSE:EOG) but lowered the price target from $129 to $124. The ratings follow the company’s fiscal Q3 2025 results, announced on November 6. During the quarter, revenue decreased 1. ...
Piper Sandler Maintains a Buy on ConocoPhillips (COP), Keeps the PT
Yahoo Finance· 2025-11-27 10:52
ConocoPhillips (NYSE:COP) is one of the Best Very Cheap Stocks to Invest In. On November 24, Ryan Todd from Piper Sandler reiterated a Buy rating on ConocoPhillips (NYSE:COP) with a $115 price target. Earlier, Devin McDermott from Morgan Stanley had also reiterated a Buy rating on the stock but lowered the price target from $122 to $117. The ratings follow the company’s fiscal Q3 2025 results, announced on November 6. During the quarter, revenue grew by 14.10% to $15.52 billion, surpassing estimates by ...
Arrow Announces Q3 2025 Interim Results
Newsfile· 2025-11-27 07:00
Core Viewpoint - Arrow Exploration Corp. has reported its Q3 2025 financial results, highlighting significant operational activities and production growth in Colombia, alongside ongoing discussions for regulatory approvals related to its assets [1][2][7]. Financial Highlights - Total oil and natural gas revenue for Q3 2025 was $18.5 million, with a year-to-date (YTD) revenue of $53.9 million [8][9]. - The company recorded a net income of $3.1 million for Q3 2025, with a YTD net income of $4.8 million [9][12]. - Cash balance as of November 1, 2025, was $8.2 million, reflecting significant capital expenditures in Q2 and Q3 [4][8]. - Operating cash flows generated YTD amounted to $25 million [8]. Production and Operational Highlights - Average corporate production for Q3 2025 was 4,214 barrels of oil equivalent per day (boe/d), a 12% increase from Q2 2025 [10][11]. - The company drilled two development wells in Carrizales Norte and one exploration well in Mateguafa Oeste during Q3 2025 [8][10]. - The Mateguafa Attic discovery is expected to become a major production platform, with further drilling planned for Q1 2026 at the Icaco prospect [6][7]. Cost and Pricing Insights - Realized corporate oil operating netbacks were $38.21 per barrel for Q3 2025, down from $52.00 in Q3 2024 [12][13]. - The company experienced a reduction in realized prices for crude oil and natural gas compared to the same period in 2024, with crude oil prices averaging $56.67 per barrel in Q3 2025 [12][15]. - Operating costs decreased significantly in Q3 2025 compared to Q2 2025, attributed to investments in infrastructure [7][15]. Regulatory and Future Plans - Arrow is in discussions with authorities regarding the extension of the Tapir block and the termination of obligations for the COR-39 Block [5][7]. - The company plans to continue drilling low-risk wells at the Mateguafa Attic pad and prepare for exploratory drilling at the Icaco prospect [9][10].
How Is ConocoPhillips’s Stock Performance Compared to Other Oil & Gas E&P Stocks?
Yahoo Finance· 2025-11-27 06:54
With a market cap of $107 billion, ConocoPhillips (COP) is one of the world’s largest independent exploration and production (E&P) companies, focused on the discovery, development, and production of crude oil, natural gas, and natural gas liquids. Headquartered in Houston, Texas, the company operates across major energy regions, including the U.S. (notably the Permian Basin, Eagle Ford, and Bakken), Canada, the North Sea, Asia-Pacific, and the Middle East. Companies valued at more than $10 billion are gen ...
Crude Prices Settle Higher on Dampened Optimism for a Russian-Ukrainian Peace Deal
Yahoo Finance· 2025-11-26 20:20
January WTI crude oil (CLF26) on Wednesday closed up +0.70 (+1.21%), and January RBOB gasoline (RBF26) closed up +0.0251 (+1.39%). Crude oil and gasoline prices are settled higher on Wednesday. Dollar weakness on Wednesday boosted crude prices. Also, doubts about a deal to end the Russian-Ukrainian war sparked some short covering in crude on Wednesday after European Commission Vice President Kallas said today that "we see no indication from Russia that they want peace." Crude prices raced to their high ...
Morgan Stanley Reiterates a Buy Rating on ConocoPhillips (COP)
Yahoo Finance· 2025-11-26 19:49
ConocoPhillips (NYSE:COP) is one of the best large cap stocks to invest in for the long term. Morgan Stanley analyst Devin McDermott reiterated a Buy rating on ConocoPhillips (NYSE:COP) on November 20, setting a $117 price target. The rating update followed the company’s fiscal Q3 2025 earnings release on November 6, with reported earnings per share of $1.38 and adjusted earnings per share of $1.61. Why ConocoPhillips (COP) is One of the Most Resilient Safe Dividend Stocks in Oil & Gas ConocoPhillips (NY ...