NEW YORK, Nov. 14, 2025 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Frontera Energy Corporation (TSX: FEC; OTCQX: FECCF), a Canadian public company involved in the exploration, development, production, transportation, storage and sale of oil and natural gas in South America, including strategic investments in both upstream and midstream facilities, has qualified to trade on the OTCQX® Best Marke ...

Forward-looking Statements: Certain statements in this earnings supplement contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, without limitation, expectations, beliefs, plans, and objectives regarding anticipated financial and operating results, cost reductions, rig counts, asset divestitures, estimated reserves, drilling locations, inventory life, capital expenditure ...

Core Insights - APA reported quarterly earnings of $0.93 per share, exceeding the Zacks Consensus Estimate of $0.74 per share, but down from $1 per share a year ago, indicating an earnings surprise of +25.68% [1] - The company generated revenues of $2.02 billion for the quarter ended September 2025, missing the Zacks Consensus Estimate by 1.28% and down from $2.54 billion year-over-year [2] - APA has surpassed consensus EPS estimates three times over the last four quarters, while also topping revenue estimates three times in the same period [2] Earnings Outlook - The sustainability of APA's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - The current consensus EPS estimate for the upcoming quarter is $0.73 on revenues of $2.05 billion, and for the current fiscal year, it is $3.42 on revenues of $9.18 billion [7] Industry Context - The Oil and Gas - Exploration and Production - United States industry, to which APA belongs, is currently ranked in the bottom 16% of over 250 Zacks industries, which may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors should monitor these revisions closely [5][6]

Asset & Production - Vitesse's estimated 2025 net production is between 17000 and 17500 MBoe/d[15] - The company estimates having over 200 net two-mile-equivalent undeveloped locations[15, 16] - Vitesse has interests in 7612 productive wells, averaging a 3.6% working interest per well[16] - Over 80% of Vitesse's assets are comprised of undeveloped resources[8, 23] - Vitesse's acreage is primarily in the core of the Williston Basin[11, 17] Financials - The company's 1P PV-10 is $806 million[15] - The PDP PV-10 is $609 million[15] - Vitesse aims for a net debt to adjusted EBITDA ratio of less than 10x[10, 23] - Vitesse offers a fixed dividend of $05625 per share quarterly[10, 23] - Vitesse insiders own more than 25% of the outstanding shares[24]

Core Viewpoint - APA Corporation is facing significant challenges due to weak commodity prices and adverse industry conditions, leading to underperformance compared to broader market indices [2][4]. Company Overview - APA Corporation is an independent oil and gas exploration and production company based in Houston, Texas, with a market capitalization of approximately $8 billion [1]. Stock Performance - APA's stock has declined 4.6% over the past 52 weeks, while the S&P 500 Index has increased by 17.4%. Year-to-date, APA shares have dropped 3%, compared to a 16% rise in the S&P 500 [2]. - The company's shares have also underperformed relative to the Energy Select Sector SPDR Fund, which experienced a marginal dip over the past 52 weeks and a 2.1% gain year-to-date [3]. Market Conditions - The decline in APA's stock is attributed to weak commodity prices, with oil prices affected by OPEC+'s potential decision to lift production cuts earlier than anticipated. This situation dampens the outlook for producers like APA [4]. - The oil and gas sector is facing systemic challenges, including sluggish global demand growth, elevated supply levels, and a shift in investor preference towards higher-growth industries [4]. Earnings Outlook - For the fiscal year ending in December 2025, analysts project a 9.3% year-over-year decrease in APA's EPS to $3.42. The company's earnings surprise history is mixed, with two beats and two misses in the last four quarters [5]. - Among 29 analysts covering APA, the consensus rating is a "Hold," with a distribution of ratings including four "Strong Buys," one "Moderate Buy," 21 "Holds," one "Moderate Sell," and two "Strong Sells" [5]. Analyst Ratings and Price Targets - The current analyst configuration is less bullish than three months ago, when there were five "Strong Buy" ratings. UBS recently raised its price target on APA to $25 from $23 while maintaining a "Neutral" rating, citing strong Q3 cash flow and performance in the Permian and Egypt operations, but also highlighting industry risks [6]. - The mean price target for APA is $24.74, indicating an upside potential of 10.4%. The highest price target of $37 suggests a possible increase of 65.2% from current levels [7].

Core Viewpoint - Amplify Energy Corp. is executing a strategic divestiture of its East Texas assets, expecting a total consideration of $127.5 million, which will enhance its balance sheet and allow the company to focus on higher upside opportunities [1][2][3]. Group 1: Transactions Overview - The company has sold its remaining interest in the Haynesville basin for net proceeds of $5.5 million, which closed on October 24, 2025 [6]. - A definitive agreement has been made to sell the remaining Haynesville and Cotton Valley interests for a contract price of $122 million, expected to close by the end of Q4 2025 [6]. Group 2: Strategic Implications - The divestiture aligns with the company's strategic plan to simplify its portfolio and enhance liquidity, with proceeds aimed at debt reduction [2][3]. - Following the completion of the East Texas transaction, the company anticipates a significant reduction in general and administrative costs [2]. Group 3: Leadership Insights - The CEO of Amplify Energy emphasized the importance of this transaction in unlocking value from the company's most promising areas, specifically Beta and Bairoil [3]. - The CEO also acknowledged the efforts of the team in executing these transactions while maintaining safe and efficient operations [3]. Group 4: Company Profile - Amplify Energy Corp. is an independent oil and natural gas company focused on the acquisition, development, and production of oil and natural gas properties, primarily in Southern California, the Rockies, and Oklahoma [4].

Core Viewpoint - Prairie Provident Resources Inc. is pursuing a non-binding term sheet for a proposed preferred share financing to raise approximately US$18.9 million (C$26.5 million) and is seeking amendments to its existing debt agreements to improve its financial situation and liquidity [1][3][24]. Proposed Financing - The proposed financing involves the sale of preferred shares to an investor affiliated with the company's largest shareholder, PCEP, at an issue price of C$100 per share, with an annual yield of 8% [6][7]. - The financing is critical for the company to meet existing obligations, strengthen working capital, and fund a development program to drill four new wells by year-end 2025 [4][24]. Debt Amendments - The debt amendments will extend the maturity dates of the First Lien Loan and Second Lien Notes by 24 months and allow the company to defer cash interest obligations through 2026 [16][17]. - These amendments are interrelated with the proposed financing, meaning completion of one is dependent on the other [5]. Financial Hardship Application - Prairie Provident has applied for an exemption from shareholder approval requirements under TSX rules due to its serious financial difficulties, asserting that the proposed financing and debt amendments are necessary for its survival [3][28][30]. Use of Proceeds - The net proceeds from the proposed financing will be allocated as follows: approximately C$8 million for retiring payables, C$13 million for drilling and completing new wells, C$1 million for infrastructure payments, and C$3.5 million for abandonment work [23][24]. Operational Context - The company has faced challenges due to commodity price weakness and insufficient cash flow to meet obligations, necessitating external financing to support its operations and development plans [20][21][29]. - Prairie Provident's recent drilling activities have shown positive results, but additional capital is required to sustain growth and address a significant working capital deficit [19][21][22]. Investor Rights Agreement - The Investor Rights Agreement will be amended to include the new investor, granting them rights such as director nominations and pre-emptive rights for future equity offerings [13][15]. Conditions to Completion - Completion of the proposed financing and debt amendments is contingent upon satisfactory due diligence, execution of definitive agreements, and necessary approvals from the TSX [2][18].

Core Viewpoint - Prairie Provident Resources Inc. is pursuing a non-binding term sheet for a proposed preferred share financing to raise approximately US$18.9 million (C$26.5 million) and is seeking amendments to its existing debt agreements to improve its financial situation and liquidity [1][3][24] Proposed Financing - The proposed financing involves the sale of preferred shares to an investor affiliated with the company's largest shareholder, PCEP, at an issue price of C$100 per share, with an annual yield of 8% [6][7] - The financing is critical for the company to meet existing obligations, strengthen working capital, and fund a development program to drill four new wells by year-end 2025 [4][23] Debt Amendments - The debt amendments will extend the maturity dates of the First Lien Loan and Second Lien Notes by 24 months and allow the company to defer cash interest obligations through 2026 [16][17] - These amendments are inter-related with the proposed financing, meaning completion of one is dependent on the other [5] Financial Hardship and TSX Application - Prairie Provident has applied for an exemption from shareholder approval requirements under TSX rules, citing serious financial difficulties [3][28] - The company anticipates that the TSX will place it under a remedial delisting review due to this application [30] Use of Proceeds - The net proceeds from the proposed financing will be allocated as follows: approximately C$8 million for retiring payables, C$13 million for drilling and completing new wells, C$1 million for infrastructure payments, and C$3.5 million for abandonment work [23] Operational Context - The company has faced challenges due to commodity price weakness and insufficient cash flow to meet obligations and fund growth [20][21] - Recent drilling results have been positive, but additional capital is necessary to sustain operations and address a significant working capital deficit [21][22] Investor Rights Agreement - The Investor Rights Agreement will be amended to include the new investor, granting them rights such as director nominations and participation in future equity offerings [14][15] Conditions to Completion - Completion of the proposed financing and debt amendments is contingent upon satisfactory due diligence and necessary approvals from the TSX [18][29]

Core Viewpoint - LandBridge Company LLC (NYSE:LB) experienced a significant share price increase of 10.6% from October 10 to October 17, 2025, making it one of the top-performing energy stocks during that week [1]. Company Overview - LandBridge Company LLC actively manages land and resources to facilitate oil and natural gas development, along with other essential land uses [2]. Market Context - Earlier in the month, LandBridge's stock faced a decline due to falling global crude prices, which were influenced by rising trade tensions between the U.S. and China. However, the situation improved after President Trump indicated that the proposed import taxes on Chinese goods were unsustainable [3]. - The recent rebound in share price may be attributed to investors taking advantage of lower prices to purchase the stock [4]. Analyst Insights - On October 14, Barclays reduced LandBridge's price target from $66 to $57 while maintaining an 'Equal Weight' rating. This adjustment is part of the firm's Q3 earnings preview for the midstream and refining sector. Analysts noted that while companies exposed to liquids may face further challenges, gas-focused operators appear to be more resilient [5].

Core Insights - Three stocks with strong buy rankings and value characteristics are highlighted for investors: Weatherford International, Federated Hermes, and California Resources Weatherford International (WFRD) - The company specializes in drilling solutions, gas well unloading, restoration, and related activities [1] - It has a Zacks Rank of 1 (Strong Buy) and a 11% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - The price-to-earnings (P/E) ratio is 11.83, significantly lower than the industry average of 17.30 [2] - Weatherford possesses a Value Score of A [2] Federated Hermes (FHI) - This global asset manager provides investment advisory, administrative, and distribution services for various investment products [3] - It also holds a Zacks Rank of 1 and has seen a 2.2% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [3] - The P/E ratio stands at 11.33, compared to the industry average of 12.90 [4] - Federated Hermes has a Value Score of B [4] California Resources (CRC) - The company focuses on oil and natural gas exploration and production, primarily based in California [5] - It carries a Zacks Rank of 1 and has experienced a 5.5% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [5] - The P/E ratio is 11.41, well below the industry average of 43.10 [5] - California Resources also has a Value Score of B [5]