Key Takeaways XOM's upstream assets in the Permian and Guyana offer low-cost production and long-term growth. The Pioneer acquisition added 1.4M acres and 16B barrels of oil equivalent to XOM's Permian holdings XOM expects Q2 2025 earnings to decline sequentially due to lower oil and natural gas prices.Exxon Mobil Corporation (XOM) has a strong portfolio of upstream assets, centered around oil-rich prolific resources in the Permian Basin and offshore Guyana. Production costs in those assets are low. There ...

Key Takeaways BKR posted Q2 EPS of $0.63 and revenues of $6.91B, both beating their consensus estimate. Cost efficiency and segment productivity helped offset inflation and drove improved results. IET revenues rose 5% and EBITDA jumped 18%, while OFSE revenues and orders declined.Baker Hughes Company (BKR) reported second-quarter 2025 adjusted earnings of 63 cents per share, which beat the Zacks Consensus Estimate of 55 cents. The bottom line also improved from the year-ago level of 57 cents.Total quarter ...

Drilling part of company’s continuing plans to drill a total of 18 wells at the 63,000 acre Kruh Block JAKARTA, INDONESIA AND DANVILLE, CA, July 23, 2025 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation (NYSE American: INDO) ("IEC"), an oil and gas exploration and production company focused on Indonesia, today announced that it plans to drill two (2) back-to-back wells on IEC’s 63,000 acre Kruh Block commencing in the fourth quarter of 2025. The new drilling activities will be supported by the previously an ...

Investors might want to bet on Flowserve (FLS) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.The power of a changi ...

CALGARY, Alberta, July 22, 2025 (GLOBE NEWSWIRE) -- Reconnaissance Energy Africa Ltd. (the “Company” or “ReconAfrica”) (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) (NSX: REC) provides an operational update on the Kavango West 1X exploration prospect and announces the resignation of Iman Hill as a Corporate Director of the Company effective July 31, 2025. Kavango West 1X (Prospect I) – Spud scheduled before end of July The drilling rig has been safely moved on-site and all necessary permits required to spud ...

Key Takeaways DVN uses systematic hedging to protect oil and gas production volumes and stabilize cash flow. DVN has hedged 30% and 35% of its anticipated oil and gas production, respectively, to protect margins. DVN trades at 3.55X EV/EBITDA TTM, below the industry average of 10.99X, implying relative undervaluation.Devon Energy Corporation (DVN) , a leading independent oil and gas producer, uses systematic hedging to manage commodity price volatility. Devon operates in the Zacks Oil-Energy sector, expos ...

Core Viewpoint - The article highlights S&P 500 dividend stocks that have experienced significant price declines, presenting them as attractive buying opportunities for long-term investors due to their strong fundamentals and consistent dividend growth. Group 1: Overview of Dividend Stocks - Dividend stocks are powerful wealth compounders, with the S&P 500 index showing over 300% growth in the past 25 years, and total returns exceeding 550% when including reinvested dividends [1] - The article identifies 10 S&P 500 dividend stocks that are currently trading at least 10% below their all-time highs, suggesting they are good buys for long-term holding [2] Group 2: Individual Stock Analysis - **Johnson & Johnson**: Down 11.5%, yield 3.4%, generated $95 billion in free cash flow over five years, returning 60% to shareholders, and has increased dividends for 62 consecutive years [4] - **ExxonMobil**: Down 11.6%, yield 3.7%, generated $55 billion in cash flow from operations in 2024, with a 42-year streak of dividend increases, and focusing on boosting cash flows post-acquisition of Pioneer Natural Resources [5] - **Procter & Gamble**: Down 14%, yield 2.7%, restructuring operations to target mid- to high-single-digit core earnings per share growth, and has increased dividends for 69 consecutive years [6][7] - **NextEra Energy**: Down 19%, yield 3.3%, operates the largest electric utility in America and is the largest producer of wind and solar energy, with over 20 years of dividend increases [8] - **Chevron**: Down 19%, yield 4.8%, has increased dividends for 38 consecutive years, and recently acquired Hess in a $53 billion deal [10] - **American Water Works**: Down 24%, yield 2.4%, serves over 14 million customers, targeting 7% to 9% annual dividend growth [11][13] - **Realty Income**: Down 29%, yield 5.6%, pays monthly dividends and has increased them for 110 consecutive quarters, owning over 15,000 properties [14] - **Oneok**: Down 29%, yield 5%, has a network of pipelines spanning 60,000 miles, targeting 3% to 4% annual dividend growth [15] - **Nucor**: Down 30%, yield 1.7%, America's largest steel company, has increased dividends for 52 straight years, and aims to return at least 40% of earnings to shareholders [16] - **Medtronic**: Down 33%, yield 3.3%, world's largest medical device manufacturer with $33.5 billion in revenue, plans to divest its diabetes business, and is close to becoming a Dividend King [18]

CANADA - 2025/06/04: In this photo illustration, the Sable Offshore logo is seen displayed on a ... More smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty Images Sable Offshore (NYSE: SOC) has regained attention. The independent oil and gas operator from California, which manages offshore platforms and pipelines associated with its Santa Ynez Unit, witnessed its stock jump 28.4% on July 17, significantly surpassing the overall ...

Core Viewpoint - BW Energy reported a decrease in net production and operational metrics for Q2 2025 compared to Q1 2025, indicating potential challenges in maintaining production levels [1][2]. Production Metrics - Net production attributable to BW Energy was 2.9 million barrels of oil (mmbbls) in Q2 2025, down from 3.2 mmbbls in Q1 2025 and up from 2.1 mmbbls in Q2 2024 [1][2]. - Daily production rate was 32.3 thousand barrels of oil per day (kbopd) in Q2 2025, compared to 36.0 kbopd in Q1 2025 and 23.6 kbopd in Q2 2024 [2]. Field Performance - Dussafu field produced 2.4 mmbbls in Q2 2025, down from 2.6 mmbbls in Q1 2025 and up from 1.4 mmbbls in Q2 2024 [2]. - Golfinho field produced 0.5 mmbbls in Q2 2025, down from 0.7 mmbbls in Q1 2025 and unchanged from Q2 2024 [2]. Sales and Inventory - Net volume sold was 2.8 mmbbls in Q2 2025, down from 3.7 mmbbls in Q1 2025 and up from 1.9 mmbbls in Q2 2024 [2]. - Quarter-end stock inventory was 0.5 mmbbls, an increase from 0.2 mmbbls in Q1 2025 [2]. Pricing and Costs - Average realized price was USD 66.7 per barrel in Q2 2025, down from USD 74.8 in Q1 2025 and USD 83.8 in Q2 2024 [2]. - Operational costs were USD 20.4 per barrel in Q2 2025, up from USD 16.5 in Q1 2025 and down from USD 28.5 in Q2 2024 [2]. Company Overview - BW Energy focuses on growth in exploration and production (E&P) with a strategy targeting proven offshore oil and gas reservoirs through low-risk phased developments [5]. - The company holds significant interests in various fields, including 73.5% in the Dussafu Marine license in Gabon and 100% in the Golfinho field in Brazil [5]. - Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025 [5].

The market expects Helmerich & Payne (HP) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report. On the other hand, if they miss ...