SLB, Formentera Working to Activate Drilling Rigs in Venezuela, Executives Say
Oil service provider SLB and private equity firm Formentera Partners are actively working to reactivate or import drilling rigs into Venezuela to boost its crude production capacity. Despite current obstacles like importing equipment and negotiating with the Venezuelan government, SLB anticipates reactivating up to 15 rigs within a year, with a few expected to be operational by year-end, while Formentera is in discussions with international service providers for additional rigs. This effort comes as Venezuela seeks to expand its oil production, though challenges related to power supply, supply chains, and contract protection remain.
Halliburton Co. Advanced Charts | HAL
This page provides advanced chart data for Halliburton Co. (HAL), including its current stock price, analyst ratings, performance metrics, and key financial data. It also lists peer companies and provides details about the company's operations in the energy industry.
Smart Sand Sees LNG, Data Centers Fueling Frac Sand Growth
Smart Sand (NASDAQ:SND) anticipates significant growth in frac sand demand, driven primarily by increased natural gas consumption for LNG exports and data centers. The company's CFO, Lee Beckelman, highlighted that longer horizontal wells and higher sand usage per foot are also contributing to this demand. Smart Sand, a pure-play provider of Northern White frac sand, boasts over 450 million tons of reserves and 10 million tons of annual capacity, with a robust logistics network supporting its operations.
Jefferies Sticks to Their Buy Rating for Flowco Holdings Inc Class A (FLOC)
Jefferies analyst Lloyd Byrne reiterated a Buy rating on Flowco Holdings Inc Class A (FLOC) with a price target of $33.00, citing his 5-star analyst status and success in the Energy sector. BMO Capital also maintained a Buy rating with a $29.00 price target. This follows Flowco's Q2 earnings report, which showed significant year-over-year growth in both revenue and net profit.
KBR Appoints Energy and Technology Executive Rami Qasem to Board of Directors
KBR has appointed Rami Qasem, an experienced energy and technology executive, to its board of directors, effective October 1, 2026. This move strengthens KBR's leadership as it prepares for the separation of its Mission Technology Solutions business, which will operate as Trinzic from January 2027. Qasem's extensive background is expected to help KBR advance its technology solutions and create long-term value for stakeholders.
KBR Appoints Rami Qasem to Board of Directors
KBR (NYSE: KBR) has appointed Rami Qasem to its board of directors, effective October 1, 2026. Mr. Qasem brings nearly 30 years of global leadership experience in energy, technology, and industrial sectors, including executive roles at APEX Industrial Services, BeyondAI, and Baker Hughes. His appointment is expected to strengthen KBR's governance as it prepares for the planned separation of its Mission Technology Solutions business (Trinzic) in January 2027.
SLB OneSubsea Secures Rovuma Basin Subsea Production Systems Deal
SLB's OneSubsea joint venture has secured a significant contract from ExxonMobil Moçambique for the first phase of the Rovuma LNG project offshore Mozambique. This deal strengthens SLB's deepwater portfolio and expands its exposure to the growing LNG investment sector. The company plans to establish a service base in Mozambique, enhancing its regional operational reach and supporting future subsea developments.
Precision Drilling Corporation (PD.TO) Stock Price, News, Quote & History
This page provides comprehensive financial information for Precision Drilling Corporation (PD.TO), including its current stock price, historical data, performance metrics, and key financial highlights. The company, an oil and gas drilling service provider, shows a closing price of 118.74 CAD, up 3.62%, with significant year-to-date and 1-year returns. It also includes an overview of its operations, recent earnings, and analyst insights.
US DOJ closes Transocean-Valaris investigation; deal expected to close this year
The US Department of Justice has approved the $5.8 billion deal between Transocean and Valaris, closing its investigation into the merger. The transaction is still awaiting approval in Brazil but is anticipated to finalize in the fourth quarter of this year.
Borr Drilling secures new contracts for three jack-up rigs in West Africa and Europe through 2027.
Borr Drilling has secured new contracts for three of its jack-up rigs: the Norve in West Africa, the Natt (option exercised by Shell Nigeria), and the Joro in the UK. These contracts extend Borr Drilling's operational commitments into 2027, reinforcing its presence in the offshore drilling market. The news comes as the energy sector sees mixed performance, with major players like Schlumberger NV experiencing slight declines.
SLB (SLB) Lands Mozambique LNG Contract And Builds Regional Services Base
SLB's OneSubsea unit has secured a significant contract with ExxonMobil for subsea production systems in Mozambique's Rovuma LNG project, including the establishment of a regional services base. This deal reinforces SLB's strategy of focusing on large, complex energy projects and digital workflows, aiming for a broader, production-oriented revenue mix. The company's performance in this region will be closely watched for recurring services and digital revenue contributions.
ITM Power Achieves Milestone: Green Hydrogen Produced at GET H2 Nukleus - News and Statistics
ITM Power announced the successful production and delivery of green hydrogen at the GET H2 Nukleus project in Lingen, Germany, a significant milestone for the hydrogen industry. This project, a collaboration between ITM Power and Linde Engineering with RWE, demonstrates a functional large-scale hydrogen value chain in Europe, transporting green hydrogen through a 120 km pipeline to Evonik's chemical park. The facility is still undergoing commissioning as it works towards its full 200 MW commercial operation, showcasing the maturity of large-scale PEM electrolysis.
Rayonier Inc. (RYN) stock price, news, quote and history
Rayonier Inc. (RYN) is a land resources real estate investment trust (REIT) managing over four million acres in the U.S. South and Northwest, focused on sustainable timberland management and optimizing portfolio value. The company's stock is currently trading at $18.04, down 1.77%, with a 52-week range of $17.99 - $27.06. Analysts have an average price target of $26.00, with Citigroup maintaining a Neutral rating and raising its price target to $23.00.
CRK Advances $1.65B SOCAR Partnership by Signing Framework Agreement
Comstock Resources, Inc. (CRK) has moved closer to finalizing its $1.65 billion strategic partnership with SOCAR by signing a Framework Agreement. This agreement reinforces the commitment of both parties to a definitive purchase and sale agreement by October 31, 2026, and transaction completion by year-end, which will strengthen CRK's balance sheet and expand its access to global LNG markets. The partnership will also explore opportunities for marketing Haynesville gas as LNG, leveraging SOCAR's international marketing capabilities and CRK's Western Haynesville acreage.
TD Cowen Adjusts Price Target on Baker Hughes to $76 From $78, Keeps Buy Rating
TD Cowen has revised its price target for Baker Hughes (BKR) from $78 to $76, while maintaining a "Buy" rating on the stock. This adjustment comes amidst other analyst revisions, including Jefferies also lowering its price target for Baker Hughes. The article provides a brief overview of recent news concerning Baker Hughes, including rig count data and collaborations.
Challenge: Improving Wet Gas Measurement Accuracy across industry-standard Flow Meters
YPF has launched an InnoCentive Prize Challenge seeking solutions to improve wet gas measurement accuracy in industry-standard flow meters, aiming for an uncertainty of ±3% or better. The proposed solutions should be technically credible, ideally validated in other industries, and supported by a plan for a Proof of Concept at YPF, leading to a field-testable prototype. YPF is open to collaboration agreements for solvers who retain IP rights.
TC Energy poised for growth with rising U.S. natural gas demand and strong FY 2026 outlook.
TC Energy is positioned for long-term growth due to increasing U.S. natural gas demand, especially from the data center industry, and projected steady EBITDA growth through fiscal year 2026. The company trades at a 13.4x EV/EBITDA multiple, suggesting potential revaluation compared to peers, and offers a 4.3% dividend yield. While risks like project delays exist, strong demand and consistent distribution growth support its investment appeal.
Baker Hughes Co. stock underperforms Monday when compared to competitors
Shares of Baker Hughes Co. (BKR) fell by 1.23% to $57.12 on Monday, underperforming the broader market as the S&P 500 Index and Dow Jones Industrial Average also declined. The stock closed 18.88% below its 52-week high of $70.41, which was reached on April 27th. This movement occurred during a generally weak trading session for the stock market.
Eni Caps Fuel Prices as European Refining Supply Tightness Persists
Eni S.p.A. has implemented a fuel price cap at its Enilive stations in response to tightened European refining supply and rising fuel costs, setting diesel at €2.19/liter and petrol at €1.99/liter for an initial 30 days. This measure, while potentially impacting near-term margins, reinforces Eni's customer-focused strategy and the value of its refining and biorefining operations amid ongoing geopolitical tensions and reduced European refining capacity. The company, which currently holds a Zacks Rank #1 (Strong Buy), also continues to invest in biorefineries to support long-term sustainability and domestic processing.
OIH Top Holdings List & Exposure (VanEck Oil Services ETF)
This article details the top holdings and exposure breakdown for the VanEck Oil Services ETF (OIH), which has 25 holdings with SLB, Baker Hughes, and TechnipFMC as its largest positions. It provides a complete list of holdings ranked by weight, along with comprehensive breakdowns of the ETF's sector, geographic, industry, and currency exposures. The fund's primary geographic exposure is to the United States, and its sector focus is predominantly energy.
Do Aramco Contract Wins Change The Bull Case For SLB (SLB)?
SLB has secured significant multi-year contracts with Aramco in Saudi Arabia and OQ Exploration & Production in Oman, strengthening its presence in key hydrocarbon regions. These contracts, especially the Aramco integrated well construction awards, align with SLB's strategy of focusing on large integrated projects and digital workflows, providing more predictable, long-term revenue streams less susceptible to short-term commodity price fluctuations. While these wins reinforce SLB's investment narrative, the company's future performance still hinges on global upstream budgets and its ability to manage execution risks and integration complexities.
Halliburton stock last at USD 32.66, down 0.27 percent in New York trading
Halliburton's stock closed at USD 32.66, marking a 0.27 percent decrease in New York trading on September 25, 2026. The company's shares traded within a range of USD 32.33 to USD 32.81, with a trading volume of 2,157,564 shares by 12:07 p.m. ET. Investors are looking forward to Halliburton's third-quarter results, scheduled for release on October 20, 2026.
3 Small Cap Stocks With ROE Over 21%
This article identifies three under-the-radar US small-cap stocks—Oceaneering International (OII), Maximus (MMS), and HCI Group (HCI)—that exhibit strong quality metrics, particularly a Return on Equity (ROE) over 21%. These companies operate in sectors like subsea robotics, government services, and insurtech, offering unique growth drivers that larger investors often overlook. The piece suggests these stocks represent compelling opportunities for patient investors amidst a market crowding into large caps.
HSBC raises Chevron stock price target to $250 on oil sensitivity
HSBC has increased its price target for Chevron Corp. (NYSE:CVX) to $250 from $218, maintaining a Buy rating, due to the company's significant sensitivity to high oil prices. Chevron's upstream focus and liquids content position it to benefit from the current market, despite less upside from strong global gas prices and refining margins. The revised outlook by HSBC reflects substantial increases in Chevron's cash flow from operations forecasts for 2026-2028.
IFF stock heads into the open after a 0.3 percent gain
International Flavors & Fragrances (IFF) stock saw a 0.3 percent gain, closing at USD 86.74 on September 24, 2026, despite a slight dip in the S&P 500 and Dow. Analysts have issued fiscal 2027 earnings forecasts, and the company declared a quarterly dividend of USD 0.40 per share. Upcoming US economic data releases on September 25, 2026, could impact the broader market and IFF's input costs.
Teleflex Inc. stock heads into the open after a market-led decline
Teleflex Inc. stock closed lower on September 24, 2026, mirroring a slight decline in the S&P 500. The article notes the company's stock performance on the NYSE and mentions upcoming market events, including the Baker Hughes oil rig count. This report summarizes the market activity for Teleflex Inc. heading into the next trading session.
Ecopetrol S.A. (EC) latest stock news and headlines – Yahoo Finance
This Yahoo Finance page provides a compilation of recent news and headlines regarding Ecopetrol S.A. (EC), including stock performance data. Key announcements include the unanimous appointment of Joaquín Gutiérrez Caballero as the new CEO and changes to the Board of Directors. The articles also cover Ecopetrol's stock performance relative to the broader market and a potential gas project with Petrobras.
SLB Wins Oman Contract, Strengthening Its Middle East Growth Story
SLB has secured a contract from OQ Exploration & Production for the Bisat-B Expansion Production Facility in Oman, a deal that enhances its revenue visibility and solidifies its presence in the Middle East. The contract involves design, engineering, procurement, construction, commissioning, and four years of operations and maintenance, building on SLB's previous successful projects in the region. This expansion supports SLB's growth prospects amid continued upstream investment and favorable oil prices, strengthening its business model and investor appeal.
NeoVolta, Inc. (NEOV) Reports Q4 Loss, Lags Revenue Estimates
NeoVolta, Inc. (NEOV) reported a quarterly loss of $0.24 per share, significantly missing the Zacks Consensus Estimate of a $0.1 loss, and revenues of $0.01 million, missing estimates by 99.03%. Despite underperforming the market year-to-date and consistently missing revenue estimates, the stock currently holds a Zacks Rank #2 (Buy) due to favorable estimate revisions ahead of the earnings release, suggesting potential for future outperformance.
‘Supercycle’ windfall heading for deepwater oil and gas, says SLB executive
An executive from SLB, Steve Gassen, predicts a "supercycle" windfall for deepwater oil and gas, with new investments primarily driven by Brazil, Africa, and the Caribbean. This outlook was shared during the CERAWeek by S&P Global energy conference.
SLB Wins OQEP Contract for 548,000-Barrel-Per-Day Oman Facility Expansion
SLB has secured a significant contract from OQ Exploration & Production to expand the Bisat-B Production Facility in Oman, boosting its gross fluids handling capacity to 548,000 barrels per day. The agreement encompasses design, engineering, procurement, construction, commissioning, and four years of operations and maintenance support. This project continues SLB's established relationship with OQEP at the Bisat Field, following previous successful facility deliveries.
Why Is Bank of America (NYSE:BAC) in Focus as Sector Rotation Shapes the US Session?
Bank of America (NYSE:BAC) is currently in focus as sector rotation, influenced by AI momentum, oil prices, and bond yields, shapes the US market. The bank's high sensitivity to interest rates due to its large deposit base makes it a key player in the financial sector's response to these evolving macro signals. Investors are closely monitoring its performance, alongside broader economic trends and regulatory developments, to gauge its positioning in a selective market.
Is Simon Property Group (NYSE:SPG) on the Radar as Oil and Bond Yields Reshape Market Tone?
Simon Property Group (NYSE:SPG), a major owner of shopping malls and premium outlets, is gaining attention as Wall Street navigates AI momentum, fluctuating oil prices, and bond yields. The company's performance is highly dependent on consumer spending, retailer health, and interest rates, with occupancy rates and rent levels being key metrics. Investors are closely watching how SPG's specific business developments and the broader macro environment, especially interest rates and energy prices, will influence its stock performance.
Precision Drilling Corporation Stock Falls 4.09%: Rig Count Fluctuations, Day-Rate Durability, and Energy Services Valuation Scrutiny Weigh on Sentiment
Precision Drilling Corporation (TSX:PD) experienced a 4.09% stock decline on September 21, 2026, closing at CAD 117.99, attributed to weak institutional sentiment, cautious portfolio rebalancing in the energy services sector, and heightened scrutiny over rig utilization and day-rate sustainability. The company's performance is influenced by upstream operator capital discipline, commodity price volatility, and operational challenges, despite its strong position in high-spec drilling technology and efforts in debt reduction. Investors are demanding consistent quarterly performance and disciplined capital management before awarding higher valuation multiples to this cyclical drilling contractor.
Is SLB (SLB) Reasonable After Its 88% Five Year Run?
SLB (SLB) has seen an 88% share price increase over the last five years, prompting an evaluation of its current valuation based on expected cash flows. Despite a strong performance and new contracts, including for Norway's Johan Sverdrup project, the article explores whether the stock's price is justified by its Discounted Cash Flow (DCF) intrinsic value, noting both bull and bear cases regarding its future prospects.
SLB Limited $SLB Shares Purchased by State Street Corp
State Street Corp increased its stake in SLB Limited by 0.8%, purchasing an additional 722,060 shares to own approximately 6.15% of the company. Institutional investors collectively own nearly 82% of SLB, which maintains a "Moderate Buy" consensus rating and an average price target of $61.80 from analysts. SLB recently exceeded quarterly earnings and revenue expectations and declared a quarterly dividend of $0.295 per share.
PriceSmart EVP Shari G. White Awarded 19,006 Restricted Shares with Multi-Year Vesting
Shari G. White, EVP and Chief Merchandising Officer of PriceSmart Inc. (NASDAQ:PSMT), was granted 19,006 restricted shares of common stock on September 17, 2026. These shares will vest in multiple installments between October 2027 and October 2031, contingent upon her continued employment. Following this award, White directly holds 20,976 shares of PriceSmart common stock.
NESR Leverages Technology Portfolio and Scale to Drive Growth
National Energy Services Reunited Corp. (NESR) is implementing its "3B3" corporate strategy to achieve a $3 billion revenue run rate within three years by expanding its contract funnel, strengthening its presence in key regions, and advancing its technology portfolio. The company is investing in frontier initiatives like ROYA (advanced drilling) and NEDA (decarbonization) and leveraging its scale in the Middle East and North Africa (MENA) region. NESR's shares have significantly outperformed its industry peers, and the company currently holds a Zacks Rank #2 (Buy).
Oil States International stock trades as oil prices retreat
This article discusses how Oil States International stock (OIS) is trading amidst a retreat in crude oil prices, with Brent crude falling 3.4% and WTI falling 4.51% on September 22, 2026. The piece emphasizes that while commodity prices provide a backdrop, investors should also focus on Oil States' reported revenue, earnings, and operating data to understand the company's performance independently of daily commodity price fluctuations. It highlights the volatility in the oil sector and the importance of analyzing both the macro environment and company-specific financials.
APA in Focus: How APA Corporation Fits the Current Oil and Gas Stocks Narrative
This article examines APA Corporation's current relevance within the oil and gas sector, noting that its recent attention stems from sensitive crude prices rather than a general market rally. It emphasizes the importance of understanding APA's specific position in exploration and production, distinct from broader market trends or the Nasdaq Composite's influence. The piece suggests that future company communications must provide concrete evidence of execution to support current market interest.
ExxonMobil Raises LNG Sales Target to 50 Million Tons by 2030
ExxonMobil has significantly increased its annual liquefied natural gas (LNG) sales target to 50 million tons by 2030, aiming for a 10% share of the global LNG market. This ambitious goal, doubling its previous target, is backed by heavy investments in projects like Golden Pass and the North Field expansion in Qatar, with expectations of substantial earnings and cash flow growth. Analysts maintain a "Moderate Buy" rating for XOM, reflecting confidence in its strategic growth and acquisition plans.
Dig: Chart Industries — Baker Hughes ACQ wrong-year (Jul 2025 announce ≠ Jul 2026 close)
This article identifies a data discrepancy regarding the acquisition of Chart Industries by Baker Hughes. Initially, the announcement date was incorrectly recorded as July 2025, but the actual acquisition completion date was July 16, 2026. The correction involves updating the close year from 2025 to 2026 based on SEC filings.
Chord Energy Corporation (CHRD) Stock Price, News, Quote & History
This page provides a comprehensive overview of Chord Energy Corporation (CHRD) stock, including its current price, market performance, and a compilation of recent news articles. The news highlights include the company's $550 million Marcellus asset sale, which is expected to sharpen its focus on the Williston Basin, and discussions around its Q2 earnings and overall stock potential. Investors can find various perspectives on whether CHRD is a worthwhile investment.
Targa Resources (TRGP) Gets a Fresh Vote of Confidence from TD Cowen
TD Cowen upgraded Targa Resources (TRGP) to 'Buy' from 'Hold' and raised its price target to $350, citing strong Permian Basin wet gas growth and peer-leading EBITDA growth expectations. The company's recent 20-year agreement with ExxonMobil and record second-quarter adjusted EBITDA of $1.60 billion are key drivers, despite concerns about substantial capital investment for growth. Hedge fund interest in TRGP also increased in Q2 2026.
Earnings Preview: Core Laboratories (CLB) Q2 Earnings Expected to Decline
Core Laboratories (CLB) is anticipated to report a year-over-year decline in earnings and revenues for Q2 2026, with an expected EPS of $0.08 and revenues of $127.56 million. Despite a Zacks Rank of #4 (Sell), the company shows a positive Earnings ESP of +6.67%, suggesting a potential earnings beat, though this is not a strong indicator for negative-ranked stocks. Investors are advised to consider other factors beyond the earnings surprise history for this particular stock.
Cross Timbers Royalty Trust declares $0.0643/unit cash distribution for Oct 15 payment.
Cross Timbers Royalty Trust has announced a cash distribution of $0.064277 per unit, payable on October 15, 2026, to unitholders of record as of September 30, 2026. This distribution reflects current oil and gas sales with oil prices at approximately $76.19 per barrel and gas prices at $4.67 per Mcf. The Trust also reported significant cumulative excess costs for its Texas and Oklahoma properties.
SLB Expands Real-Time Production Monitoring for Equinor’s Johan Sverdrup Phase 3
SLB has secured a contract from Equinor to extend its real-time leak detection, virtual flow metering, and digital production monitoring services for the Johan Sverdrup Phase 3 development in the North Sea. This expansion builds on the successful deployment of SLB's Olga Online™ system during Phase 2, enhancing operational visibility, reliability, and asset integrity across the field's new subsea infrastructure. The system will provide critical insights into potential leaks and optimize production performance for one of Equinor's key assets.
Hornbeck Offshore wins multi-year decommissioning contract in North Sea
Hornbeck Offshore Services, following its merger with Helix Energy Solutions, has secured a multi-year decommissioning contract in the North Sea. The two-year contract, with extension options, will commence in Q2 2027 and involve riserless plug and abandonment operations using either the Well Enhancer or Seawell vessels. Hornbeck Offshore will provide an integrated solution including vessels, well access systems, ROVs, saturation diving, and project management.
Baker Hughes stock holds near recent highs after executive share sale
Baker Hughes stock is holding near its 12-month highs, with shares trading around USD 63.92 as of September 8, 2026. An executive recently sold 3,860 shares to cover tax liabilities, a transaction valued at approximately USD 246,000. The company reported a trailing 12-month revenue of USD 27.7 billion and its stock has appreciated significantly, returning 162% since 2021.
New Global Risks Reshape Old Energy Supply Models Now
The North American oil, gas, and petrochemical sectors are facing significant pressures from geopolitical disruptions, shifting trade policies, and changes in global energy markets. These challenges force producers to rethink traditional supply chain models, moving away from pure efficiency towards resilience and diversification. Companies are advised to adopt strategies such as diversifying feedstock, building asset resilience, exploring alternative transportation routes, optimizing inventory, enhancing commercial flexibility, and stress-testing their networks to navigate the evolving landscape.
