Cash flows from Hess' legacy operations in the US Gulf of Mexico and Southeast Asia support its growth investments, primarily its 30% working interest in the Exxon-operated Stabroek block in offshore ...

Material ESG exposures create additional risk for E&P investors. In this industry, the most significant exposures are greenhouse gas emissions (both from extraction operations and downstream ...

Devon is among the lowest-cost providers on the US shale cost curve, along with Diamondback Energy and EOG Resources. Devon’s reconstituted portfolio is buoyed by its presence in the Delaware, which ...

That limits the ability of producers to grow, although low-cost operators like Antero can still theoretically take share. However, Antero has been more interested in merely maintaining its output and ...

EOG is confident enough in its financial strength that management took on $1 billion of incremental debt to free up more cash. Even with this debt increase, management is still targeting a total ...

Here’s the updated list of Morningstar’s top underpriced analyst picks to buy during 2025’s second quarter.

Oil fell early Friday, weighed by U.S. tariffs and OPEC+'s supply increase. The U.S. tariffs and retaliation from targeted countries suggest that crude oil demand will be weaker than previously ...

OPEC+ to Make Larger Output Hike in May, Oil Tumbles Eight OPEC+ countries will increase output by 411,000 barrels a day next month, prompting oil prices to fall further. Activist Elliott Names ...

Amotiv's balance sheet is in good shape. At Dec. 31, 2024, net debt/underlying EBITDA is a reasonable 1.75—within the firm's target range of 1.5 to 2.25. We expect net debt/underlying EBITDA to ...

Government-bond markets worldwide were rallying a day after President Donald Trump's latest tariff announcement as investors sought shelter from risky assets and traders in the Polymarket prediction ...

In Southeast Asia, the FTSE Straits Times Index declined 1.4%, while Malaysia's FTSE Bursa Malaysia KLCI was 0.3% lower. Markets in China, Hong Kong, Taiwan and Indonesia are closed Friday.

Back in 2017, Baker Hughes was formed through the combination of what was then GE's oil and gas segment and legacy Baker Hughes. While the combination was expensive, it created a global equipment and ...