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OPEC Secretary General hits back at global oil surplus reports
Youtube· 2025-11-18 05:55
Well, thanks for u picking this up, Dan, and uh reaching out to us because we did issue a statement uh on our website today, an official statement to clarify that there was a misrepresentation by some media about our monthly market report which was issued I believe on the 12th of November last week. uh specifically regarding the messages and a narrative that was being created out of reading some of our numbers. For example, things related to the market being in a surplus next year 2026 according and the rep ...
Equinox Gold: One Of The Few Strong Buys Left In Gold Mining
Seeking Alpha· 2025-11-18 01:47
Core Viewpoint - Equinox Gold (EQX) has seen a significant increase in stock price, rising over 100% and approximately 20% since the initiation of coverage with a Strong Buy rating in August and reiterated in October, indicating strong investor confidence in the company's prospects [1] Company Research - The analyst has over 10 years of experience researching various companies across multiple sectors, including commodities such as oil, natural gas, gold, and copper, as well as technology companies like Google and Nokia [1] - The analyst has researched over 1000 companies in depth, which provides a solid foundation for evaluating investment opportunities [1] - The focus has shifted to a value investing-oriented YouTube channel after three years of blogging, where hundreds of companies have been analyzed [1] - The analyst expresses a particular interest in metals and mining stocks, while also being comfortable with other industries such as consumer discretionary/staples, REITs, and utilities [1]
Goldman Sachs sees oil prices falling through 2026 on supply surge
Reuters· 2025-11-17 18:41
Oil prices are expected to decline through 2026, Goldman Sachs said on Monday, citing a production surge that will keep the market in a large surplus of around 2 million barrels per day. ...
US oil, gas rig count slows despite record output, EIA says
Reuters· 2025-11-17 15:18
U.S. oil and natural gas drilling activity has continued to decline even as production reaches record highs, the U.S. Energy Information Administration (EIA) said on Monday. ...
PERMIAN BASIN ROYALTY TRUST ANNOUNCES NOVEMBER CASH DISTRIBUTION, EXCESS COST POSITION ON WADDELL RANCH PROPERTIES AND NOTICE OF SPECIAL MEETING CALLED BY SOFTVEST
Prnewswire· 2025-11-17 13:00
Accessibility StatementSkip Navigation DALLAS, Nov. 17, 2025 /PRNewswire/ -- Â Argent Trust Company, as Trustee of the Permian Basin Royalty Trust (NYSE: PBT).("Permian" or the "Trust") today declared a cash distribution to the holders of its units of beneficial interest of $0.019233 per unit, payable on December 12, 2025, to unit holders of record on November 28, 2025. The distribution does not include proceeds from the Waddell Ranch properties, as total production costs ("Production Costs") exceeded gross ...
Empire Petroleum Reports Third Quarter 2025 Results, Advances Development, and Positions for 2026 Growth
Businesswire· 2025-11-17 11:30
TULSA, Okla.--(BUSINESS WIRE)--Empire Petroleum (NYSE American: EP) ("Empire†or the "Company†), an oil and gas company with producing assets in New Mexico, North Dakota, Montana, Texas, and Louisiana, today reported operational and financial results for the third quarter 2025. THIRD QUARTER 2025 HIGHLIGHTS Produced Q3-2025 net production volumes of 1,566 barrels of oil per day ("Bbls/d†), an increase of 5% compared to Q2-2025; Reported 2,398 barrels of oil equivalent per day ("Boe/d†); Boe/d i. ...
EON Resources Inc. Posts Q3 2025 Earnings Call Deck to the Company Website
Accessnewswire· 2025-11-17 11:30
HOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 barrels of oil per day. ...
EON Resources Inc. Reports Results for the Third Quarter of 2025
Accessnewswire· 2025-11-17 11:00
Record Net Income of $5.6 Million for the Quarter; Retired All $41 Million of Senior and Seller Debt; Retired All Preferred Shares with Redemption Value of $27 Million; and Increased Shareholder Equity by $22.7 Million HOUSTON, TEXAS / ACCESS Newswire / November 17, 2025 / EON Resources Inc. (NYSE American:EONR) ("EON" or the "Company") is an independent upstream energy company with 20,000 leasehold acres in the Permian Basin. The fields have a total of 750 producing and injection wells producing over 1,000 ...
OGDCL begins Pasakhi-14 oil production in Pakistan’s Hyderabad district
Yahoo Finance· 2025-11-17 09:37
Core Insights - The Oil and Gas Development Company (OGDCL) has commenced oil production from the Pasakhi-14 well in Hyderabad district, Sindh, Pakistan, producing 1,100 barrels of oil per day, which supports the company's strategy for exploration and national energy security [1][3] Company Operations - OGDCL holds a 100% working interest in the Pasakhi and Pasakhi North Development and Production Lease, with the Pasakhi-14 well drilled to a depth of 2,183 meters targeting the upper sands of the Lower Goru formation [2] - The company employed advanced drilling technologies including a Rotary Steerable System (RSS), Electromagnetic Measurement While Drilling (MWD), and a nitrified mud system for the drilling of Pasakhi-14, marking the first use of a nitrified mud system to enhance directional control and formation integrity [2][3] - The well is equipped with electric submersible pump technology to facilitate production [3] Strategic Developments - The addition of Pasakhi-14 aligns with OGDCL's strategy of focused exploration, efficient drilling, and production optimization to meet the energy security needs of Pakistan [3] - In the previous year, OGDCL began production at Kunnar West Well-3, which produces 3.5 million cubic feet of gas, 30 barrels of condensate, and 3.8 tonnes of liquefied petroleum gas daily [5] - Recently, OGDCL and its joint venture partners secured a provisional award for eight exploration blocks offshore Pakistan following a government-led competitive bidding round [6]
Allworth Financial LP Boosts Position in National Fuel Gas Company $NFG
Defense World· 2025-11-17 08:43
Allworth Financial LP grew its stake in shares of National Fuel Gas Company (NYSE:NFG – Free Report) by 126.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,627 shares of the oil and gas producer’s stock after buying an additional 2,582 shares during the period. Allworth Financial LP’s holdings in National Fuel Gas were worth $392,000 at the end of the most recent reporting period. Get National Fuel Gas alerts: Oth ...