Earn $200/Month With Just 2 Dividend Stocks
November 14, 2023
2023-11-14 20:30:00 ET The inflationary environment is creating deeper holes in consumer po…
Suncor Energy Increases Quarterly Dividend
November 14, 2023
All financial figures are in Canadian dollars. Calgary, Alberta–(Newsfile Corp. – November 14,…
Greenfire Resources Announces Q3 2023 Results, Operational Update, Acceleration of Additional Drilling into 2023 at the Expansion Asset and Two-Year Drilling Commitment to Support Sustained Production Growth
November 14, 2023
Calgary, Alberta–(Newsfile Corp. – November 14, 2023) – Greenfire Resources Ltd. (NYSE: GFR) (“G…
Birchcliff Energy Ltd. Announces Q3 2023 Results, Declaration of Q4 2023 Dividend of $0.20 Per Common Share and Preliminary 2024 Guidance
November 14, 2023
CALGARY, Alberta, Nov. 14, 2023 (GLOBE NEWSWIRE) — Birchcliff Energy Ltd. (“ Birchcliff…
Chevron takeover of Hess resurrects multi-billion dollar tax shield
November 14, 2023
Yahoo Finance Chevron’s deal to buy Hess HES.N will unlock $15 billion worth of tax benefits that had once been relegated to the accounting dustbin, as the combined company takes advantage of Hess’s past losses to cut future payments, according to the company and tax experts. The tax shield is a little-known advantage to Chevron’s mega-takeover of Hess struck last month. The tax benefits are
Oil production from Permian basin to expand through year’s end
November 14, 2023
World Oil (Bloomberg) – Oil production from the Permian basin will expand in November and December, marking the region’s longest run of monthly gains in two years. The world’s most productive shale patch is expected to pump a record 5.98 MMbpd in December. In total, U.S. crude production from the seven biggest shale regions will total 9.65 MMpd next month, essentially
Goldman Sachs forecasts higher returns on commodities
November 14, 2023
Reuters Goldman Sachs expects increased returns on commodities over the next 12 months, buoyed by higher spot prices amid easing monetary policy and recession fears while the asset class also strengthens on hedging against geopolitical supply risks. The bank has forecast returns of 21% on commodities over a 12-month horizon on the oil-heavy S&P GSCI Commodity Index, led by returns
Mach Natural Resources acquires Oklahoma oil, gas assets for $815 million
November 14, 2023
World Oil (WO) – Mach Natural Resources LP signed an agreement with Paloma Partners IV, LLC, to acquire certain interests in oil and gas properties, rights and related assets located in Oklahoma for a total cash consideration of $815 million. The acquisition is expected to close December 29, 2023, with an effective date of September 1, 2023. Asset highlights
Exxon to start lithium production for EVs in the US by 2027
November 14, 2023
Yahoo Finance HOUSTON – Exxon Mobil said on Monday it plans to start producing lithium from subsurface wells by 2027 to provide supplies of the key metal used in electric-car batteries and advanced electronics. Oil majors are investing in the electrification sector as governments in the United States and Europe set programs to promote wider use of electric vehicles and
Oil climbs as IEA lifts demand growth forecast, US inflation cools
November 14, 2023
Investing LONDON – Oil prices firmed on Tuesday after the International Energy Agency (IEA) raised its demand growth forecasts, adding to bullish sentiment from the previous day’s OPEC guidance, while U.S. data showed inflation in the world’s biggest economy was slowing. Brent crude futures were up 61 cents, or 0.7%, to $83.13 a barrel by 1429 GMT. U.S. WTI crude futures
3 Energy Stocks to Fuel November Gains
November 14, 2023
2023-11-14 04:56:00 ET With robust global demand for oil and gas and constrained supplies…
