Better Energy Stock: SU or CNQ?
February 8, 2024
2024-02-08 21:00:00 ET The oil and gas industry is notoriously volatile. Yet, there are way…
3 Doomed Oil Stocks to Dump Before They Dive: February 2024
February 8, 2024
2024-02-08 18:33:16 ET InvestorPlace – Stock Market News, Stock Advice & Trading Tips…
Impact Development Announces Approval of Loan, Engagement of Market Maker, and Issuance of Restricted Share Units
February 8, 2024
Toronto, Ontario–(Newsfile Corp. – February 8, 2024) – Impact Development Group Inc. (TSXV…
Brookmont Holdings and Dragon List Global Collaborate to Unlock Premium Real Estate Investment Opportunities
February 8, 2024
Washington, D.C.–(Newsfile Corp. – February 8, 2024) – Brookmont Holdings, a leading real estate…
Greenfire Resources Announces 2024 Outlook – Targeting Capital Efficient Production Growth of 25-40% to Support Accelerated Debt Repayment, Confirms Conference Call and Completes First Day of Trading on the TSX
February 8, 2024
Calgary, Alberta–(Newsfile Corp. – February 8, 2024) – Greenfire Resources Ltd. (NYSE: GFR) (TSX…
Devon Energy in talks to acquire oil driller Enerplus
February 8, 2024
World Oil (Bloomberg) – Devon Energy Corp., an Oklahoma City-based oil and gas company, is in talks to acquire Calgary-based driller Enerplus Corp., Reuters reported. The companies have not come to an agreement, Reuters said, citing anonymous sources. It comes on the heels of a string of recent megadeals in the U.S. oil patch as companies push to line up
ConocoPhillips beats profit forecast as production hits record high
February 8, 2024
Oil Price ConocoPhillips (NYSE: COP) reported on Thursday consensus-beating earnings for the fourth quarter of 2023, driven by record oil and gas production. The U.S. oil and gas company booked fourth-quarter 2023 adjusted earnings of $2.9 billion, or $2.40 per share. This, although lower than in Q4 2022, easily beat the analyst consensus estimate of $2.09 per share. Full-year 2023 adjusted earnings were $10.6
Duke Energy misses Q4 profit estimates on higher interest costs, raises capex
February 8, 2024
Yahoo Finance Utility firm Duke Energy missed fourth-quarter profit estimates on Thursday on higher interest expenses and raised its five-year capex by $8 billion to support its transition to renewable energy. The U.S. Federal Reserve’s interest-rate hikes to tame inflation have made borrowing more expensive for businesses, impacting utility firms like Duke. The company’s quarterly interest expense for its Electric
Shipping giants warn of worsening Red Sea security situation
February 8, 2024
Oil Price Security threats to commercial shipping in the Red Sea are not abating, they are escalating instead, and disruptions to maritime trade are expected to last up to a year, according to some of the biggest shipping companies in the world. Many container and tanker operators have been avoiding the Red Sea/Suez Canal route and diverting vessels via the
House committee to probe Biden’s LNG export freeze
February 8, 2024
World Oil (Bloomberg) – A House committee is probing the Biden administration’s decision to pause liquefied natural gas (LNG) export approvals, asking the Energy Department to justify why a moratorium on project approvals is needed while the agency conducts a study that could take more than a year. In a letter sent to Energy Secretary Jennifer Granholm, the House Committee
Weekly Gas Storage: Inventories decrease by 75 Bcf
February 8, 2024
Natural Gas Inventories as of February 2, 2024 The EIA has released its natural gas inventory report, showing a net decrease of 75 Bcf as of February 2, 2024. Working gas in storage was 2,584 Bcf as of Friday, February 2, 2024, according to EIA estimates. This represents a net decrease of 75 Bcf from the previous week. Stocks were
Volt Carbon Technologies Enhances Dry Tailings Byproducts from Graphite Separation into Iron Concentrate and Provides AGM Update
February 8, 2024
Calgary, Alberta–(Newsfile Corp. – February 8, 2024) – Volt Carbon Technologies Inc. (TSXV:…
