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BP Announces First Gas At Mento Off Trinidad's Southeast Coast
May 29, 2025
BP confirms successful gas production at Mento development in Trinidad & Tobago through secure connection of initial well. Drilling campaign for remaining wells to begin. Joint venture with EOG...
Via
Benzinga
ConocoPhillips Trims Capex And Operating Cost Outlook, Announces CFO Transition
May 08, 2025
ConocoPhillips (COP) trading higher after releasing its Q1 FY25 results, beating revenue and EPS estimates. Production and dividend outlook positive.
Via
Benzinga
Neutral Territory For Occidental? JPMorgan Weighs Strong Q1 Against Future Challenges
May 08, 2025
Occidental slashed the mid-point of 2025 capital guidance by $200 million and domestic operating costs by $150 million.
Via
Benzinga
Occidental Beats Q1 Profit Forecast, Slashes Debt By $2.3 Billion Year-To-Date
May 08, 2025
Occidental shares up after reporting Q1 results, beating EPS estimate but missing revenue. Plans for debt reduction, dividend, and production growth.
Via
Benzinga
BP Asset Sales In Egypt, Trinidad Weigh On Q1 Production As Profit Falls
April 29, 2025
BP reported first-quarter 2025 results, with sales beating expectations & hydrocarbon production declining.
Via
Benzinga
Exposures
Climate
Devon Energy Unveils $1 Billion Annual Optimization Plan, Targets Efficiency Gains By 2026
April 22, 2025
Devon Energy Corporation (NYSE: DVN) unveils business optimization strategy to enhance pre-tax free cash flow by $1.0 billion annually through various initiatives.
Via
Benzinga
BP, Kosmos Loads First LNG Export From GTA Phase 1, One of Africa's Deepest Gas Projects
April 17, 2025
BP (NYSE: BP) shares rise premarket as first LNG shipment is successfully loaded from its GTA Phase 1 project offshore Mauritania and Senegal.
Via
Benzinga
BP Discovers Oil At Far South Prospect in Deepwater Gulf, Boosts Upstream Growth Outlook
April 14, 2025
BP (NYSE: BP) shares rise premarket after new oil discovery in the deepwater Gulf of Mexico and company's focus on exploration and production growth.
Via
Benzinga
BP Sees Mixed Q1 Outlook With Flat Oil Prices, Weaker Gas Trading Ahead Of Earnings
April 11, 2025
BP shares rise after updating first-quarter guidance, expecting lower gas production and strong midstream performance, and a new chair.
Via
Benzinga
BP Begins Hunt for New Chair As Elliott Management Pushes for Changes
April 04, 2025
BP's board begins search for new Chair following Helge Lund's decision to step down, amid pressure from activist hedge fund Elliot Management.
Via
Benzinga
BP's Cypre Gas Project Goes Live, Boosting Upstream Growth Plans
April 03, 2025
Cypre gas project successfully launched by BP TT, contributing to 250,000 boed net production and aligning with their upstream growth strategy.
Via
Benzinga
BP Sells Austrian Mobility Business, Finalizes Redevelopment Deal For Kirkuk Fields In Iraq
March 27, 2025
BP plans to sell its mobility and convenience business in Austria, including 260 retail sites, as part of its strategy to reshape downstream operations.
Via
Benzinga
BP Sells 25% Stake In TANAP Pipeline To Apollo For $1 Billion, Eyes Further Low-Carbon Collaboration
March 21, 2025
BP p.l.c. to sell 25% stake in TANAP pipeline to Apollo Global Management for $1.0 billion. Both companies exploring further collaboration.
Via
Benzinga
BP Forms Offshore Wind JV With Japanese Utility Company Jera, Plans To Launch By Q3
March 07, 2025
BP and JERA are forming a joint venture, JERA Nex bp, led by CEO Nathalie Oosterlinck. The entity will fast-track offshore wind development.
Via
Benzinga
Devon Energy Has Strong Tailwinds, Analyst Says
February 19, 2025
Devon Energy reports strong Q4 results, beats earnings estimates and raises dividend. Stock up on possible supply decrease and positive outlook.
Via
Benzinga
Diamondback Bolsters Plans $3 Billion-Plus Double Eagle Acquisition
February 18, 2025
Diamondback Energy intends to acquire subsidiaries of Double Eagle IV Midco for approximately 6.9 million shares of its common stock and $3 billion in cash.
Via
Benzinga
BP Q4 Results: Lower Revenue, Rising Debt, CEO Pledges Fundamental Strategy Shift And More
February 11, 2025
BP PLC shares are trading lower after the company reported fourth-quarter results. Sales and other operating revenues came in at $45.752 billion, missing the consensus of $47.511 billion. Hydrocarbon...
Via
Benzinga
Exposures
Climate
JP Morgan Updates ConocoPhillips Forecast: Sees $10 Billion Pre-Dividend FCF In 2025
February 07, 2025
JP Morgan analyst raises price forecast for ConocoPhillips (COP) following strong Q4 results. Focus on FCF growth with capex reduction. Exposure via OILT & IEO.
Via
Benzinga
ConocoPhillips' 2025 Outlook Holds Steady Despite Production Headwinds: JP Morgan
February 06, 2025
JP Morgan analyst optimistic about ConocoPhillips' Q4 results, which beat estimates and include a $10B return of capital plan based on current commodity prices.
Via
Benzinga
ConocoPhillips Beats Q4 Revenue And EPS Estimates, Sets $10B Return of Capital Target
February 06, 2025
ConocoPhillips (NYSE: COP) reported Q4 results, with $14.74B revenue and $1.98 EPS, surpassing expectations. Company also announced dividends and production targets for 2025.
Via
Benzinga
BP Slashes Workforce By 5% To Reach $2 Billion In Savings Goal
January 16, 2025
BP is cutting 4,700 jobs, or 5% of its workforce, as part of ongoing cost-reduction efforts.
Via
Benzinga
BP Warns of Lower Oil, Gas Output in Q4 Update
January 14, 2025
BP (NYSE: BP) shares down premarket after disclosing lower Q4 guidance. Production expected to decline; gas prices to benefit, oil prices to lag.
Via
Benzinga
BP Secures Landmark Deal With India's ONGC: Details
January 09, 2025
BP selected as Technical Services Provider by ONGC to enhance production in Mumbai High Field; contract for 10 years.
Via
Benzinga
Ovintiv Shakes Up Portfolio With $2.38 Billion Montney Acquisition And $2 Billion Uinta Basin Sale, Pauses Buyback
November 14, 2024
Ovintiv to buy Montney assets from Paramount Resources for $2.377B, sell Uinta Basin assets for $2.0B, boosting 2025 free cash flow.
Via
Benzinga
ConocoPhillips-Marathon Synergy Will Boost Free Cash Flow And Stock Buyback: Analyst
November 01, 2024
Analysts comment on ConocoPhillips' mixed Q3 results, with EPS beating estimates but revenue missing. Company raises dividend and production outlook.
Via
Benzinga
ConocoPhillips Q3 Earnings: EPS Beat, Dividend Boost, Buyback Expansion & More
October 31, 2024
ConocoPhillips shares up after releasing Q3 results. Revenue missed, EPS beats, dividend increased. Production and outlook also reported.
Via
Benzinga
TotalEnergies Inks LNG Supply Contract With Santos: Details
October 02, 2024
TotalEnergies entered mid-term LNG supply contract with Santos for 20 LNG cargoes over 3 years. Also invests in first oil development in Block 58, Suriname.
Via
Benzinga
Why Is APA Corp Stock Seeing Blue Skies On Tuesday?
October 01, 2024
APA Corp announced a Final Investment Decision for first oil development in Block 58, offshore Suriname, with estimated resources of 750 million barrels.
Via
Benzinga
ConocoPhillips, Uniper Ink 10-Year Gas Supply Deal
September 20, 2024
ConocoPhillips extends partnership with Uniper to supply 10 billion cubic meters of gas to Europe over next 10 years, promoting energy security and transitioning to greener options.
Via
Benzinga
Occidental's 1PointFive Secures $500M Boost To Capture CO2: Details
September 13, 2024
U.S. Department of Energy awards $500M to support Occidental's carbon management technology, with potential to expand to $650M.
Via
Benzinga
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