Vaalco has been growing production since its merger with TransGlobe in 2022. This transformed the company from sole reliance on its Gabonese assets to a diversified player with a number of levers to pull globally.Geopolitical volatility makes it important to pick your entry points carefully when investing in upstream oil and gas companies. There is good news on the horizon for those who take the plunge, however. Fortunately, demand remains strong and has decades to run if the new forecast from the Internati ...

Core Insights - ExxonMobil Corporation (XOM) has outperformed ConocoPhillips (COP) over the past year, with a gain of 2.2% compared to COP's decline of 15.6% [2] ExxonMobil's Business Prospects - ExxonMobil has a strong presence in the Permian Basin and offshore Guyana, utilizing lightweight proppant technology to enhance well recoveries by up to 20% [6] - The company has made several oil and gas discoveries in Guyana, contributing to a solid production outlook and record production levels, which positively impact its financial performance [7] - Low breakeven costs in both the Permian and Guyana allow ExxonMobil to maintain operations even in low crude price environments [7][9] ConocoPhillips' Business Prospects - ConocoPhillips has a significant presence in the Lower 48, including the Permian, Eagle Ford, and Bakken, and has expanded its footprint through the acquisition of Marathon Oil [10] - The company also benefits from low breakeven costs, enabling it to navigate challenging market conditions [12] Comparative Analysis - ExxonMobil's integrated operations provide stability, with resilient refining operations supporting the business when oil prices decline [13] - ConocoPhillips, being primarily an upstream player, is more susceptible to oil and gas price volatility [14] - Investors are willing to pay a premium for ExxonMobil, reflected in its trailing 12-month enterprise value to EBITDA (EV/EBITDA) of 7.44X, compared to ConocoPhillips' 4.75X [15]

Core Insights - Eni has agreed to acquire a 50% stake and operatorship in exploration Block OFF-5 offshore Uruguay from YPF, pending approval from Uruguayan authorities [1] - The exploration block covers 16,883 km² at water depths between 800m and 4,100m and is currently in its initial exploration phase [1][2] - The deal enhances collaboration between Eni and YPF, following recent agreements related to the Argentina LNG project [2] Eni's Activities in Nigeria - Eni, through its subsidiary Nigeria Agip Exploration, has acquired an additional 2.5% interest in Nigeria's OML 118 deep-water block from TotalEnergies EP Nigeria, increasing its share from 12.5% to 15% [3] - OML 118 includes the producing Bonga field, where NAE holds a non-operating stake [3] - Eni has been operating in Nigeria since 1962 and reported an average equity production of 50,000 barrels of oil equivalent per day in 2025 [4] - The acquisition aligns with Eni's strategy to optimize its upstream portfolio and maintain involvement in deep-water projects within Nigeria [4]

Equinor has announced plans to drill 250 oil and gas exploration wells in Norwegian waters over the next decade as part of its strategy to maintain the same production levels in 2035 as those seen in 2020. The move aligns with expectations of continued global demand for fossil fuels, said Equinor CEO Anders Opedal, according to Reuters. Speaking at an energy conference, Opedal said the company intends to allocate approximately Nkr60bn ($5.86bn) each year over the ten-year period to support output from No ...

Core Insights - Equinor plans to drill 250 oil and gas exploration wells in Norwegian waters over the next 10 years to maintain output levels in 2035 at 2020 levels, driven by expectations of prolonged fossil fuel demand [1] Company Strategy - The drilling initiative is part of Equinor's strategy to sustain production levels, indicating a commitment to fossil fuel exploration despite global shifts towards renewable energy [1] Industry Context - The decision reflects broader industry trends where companies are balancing fossil fuel investments with the transition to renewable energy sources, highlighting the ongoing reliance on oil and gas in the near term [1]

Group 1 - Dividend stocks are a slow and steady investment strategy that can provide significant rewards over time through compounding [1][2] - Investors should look for established companies with a history of growth and consistent dividend increases [2] - Five blue-chip dividend stocks are highlighted as strong investment options for the current month [2] Group 2 - Chevron is a major player in the oil and gas industry, with a 37-year history of annual dividend increases [4] - The company expects to grow its free cash flow by at least 10% annually through 2030 if oil prices average $70 per barrel, supporting future dividend hikes [5] - Chevron currently offers a dividend yield of 4.4% [5] Group 3 - Medtronic is a leading global medical device company with a 47-year history of raising dividends [6][7] - The company operates in three segments: cardiovascular, surgical, and neuroscience, and is focused on innovation to meet growing healthcare needs [6] - Medtronic's stock offers a 2.8% dividend yield and is currently trading at a price-to-earnings ratio of under 18 [7]

With significant hedge fund interest, Occidental Petroleum Corporation (NYSE:OXY) secures a spot on our list of the 12 best commodity stocks to buy right now. Susquehanna Remains Bullish on Occidental Petroleum (OXY) Amid Strong Earnings and Production Momentum On November 13, 2025, Occidental Petroleum Corporation (NYSE:OXY) saw Susquehanna reiterate its “Buy” rating and raise its price target to $55 from $54. The firm noted that the company exceeded Q3 expectations on both EPS and production, driven by ...

Core Viewpoint - Ovintiv Inc. is positioned for future growth through strategic expansions and acquisitions, with positive financial performance reported in Q3 2025 [3][4][5]. Financial Performance - Ovintiv reported Q3 2025 results with $351 million in free cash flow and production at the high end of guidance, despite a significant drop in WTI oil prices [4]. - The company achieved adjusted earnings of $267 million and non-GAAP free cash flow of $351 million after capital expenditures of $544 million [5]. Strategic Initiatives - The strategic Montney expansion is identified as a key catalyst for future growth, with total Montney production expected to average about 400,000 BOE per day [3][6]. - The acquisition of NuVista Energy is anticipated to add approximately 100,000 BOE/day in 2026 and streamline the portfolio [5]. Analyst Ratings and Price Targets - Citi reduced its price target for Ovintiv from $54 to $52 while maintaining a "Buy" rating [2]. - Evercore ISI increased its price target from $43 to $47, citing the company's strong Q3 results and strategic initiatives [3].

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 ...

Core Viewpoint - ConocoPhillips is a leading independent oil and gas producer with a diverse portfolio and low-cost supplies, making it an attractive investment option for investors [1]. Group 1: Company Overview - ConocoPhillips is one of the largest oil and gas producers, with production nearing 2.4 million barrels of oil equivalent (BOE) per day [3]. - The company operates as an independent exploration and production (E&P) company, distinguishing itself from integrated energy companies like ExxonMobil and Chevron [3][4]. - In 2012, ConocoPhillips spun off its midstream and downstream operations into Phillips 66, becoming the largest independent E&P company and allowing a focus on production growth [5]. Group 2: Business Model and Strategy - The independent E&P model allows ConocoPhillips to explore and produce oil and gas for sale on the open market, unlike integrated companies that manage both upstream and downstream operations [4]. - This strategic focus enables ConocoPhillips to leverage rising oil and gas demand and pricing, although it also entails higher price risk compared to integrated peers [5]. - The company employs a broader operational approach, investing in liquefied natural gas and conventional production in various regions, including Alaska [7][8]. Group 3: Financial Outlook - ConocoPhillips has several long-cycle capital projects underway, which are expected to potentially double its free cash flow by 2029 [7].