ConocoPhillips to Buy 1 Million Tonnes of LNG a Year From Venture Global
ConocoPhillips and Venture Global have announced a 20-year sales and purchase agreement for 1 million tonnes of LNG annually, with deliveries set to begin in 2030. This deal expands ConocoPhillips' LNG purchase portfolio, which already includes significant exposure to Qatari projects. The agreement adds a new U.S. source to ConocoPhillips' future supply strategy, building on their existing 12 million tonnes per year in purchase commitments.
What does the PEMEX partnership mean for Woodside Energy’s deepwater ambitions?
Woodside Energy has signed a non-binding memorandum of understanding with Mexico's state oil company PEMEX to explore additional deepwater hydrocarbon opportunities in the Gulf of Mexico. This agreement expands on their existing collaboration on the Trion ultra-deepwater oil development, which Woodside operates and is progressing on budget. The partnership signifies Woodside's strategy to diversify its portfolio with long-life oil assets outside Australia, complementing its LNG focus and providing geographic diversification amid a challenging domestic policy environment for gas.
Suncor to sell offshore Canada oil stakes to Ithaca for $842 million
Suncor Energy announced it will sell its stakes in three offshore Canadian oil assets (Terra Nova, White Rose, and West White Rose) to London-based Ithaca Energy for C$1.2 billion ($841.69 million) in upfront cash, plus a contingent payment of up to C$350 million. Ithaca will also assume all associated liabilities, including a C$500 million regulatory well compliance program and C$1.4 billion in abandonment and lease liabilities. This acquisition marks Ithaca's first international deal, establishing its presence in offshore eastern Canada, while Suncor focuses on other opportunities and increases its share repurchases.
ConocoPhillips stock trades below its yearly high as earnings near
ConocoPhillips stock is trading below its yearly high as it approaches its third-quarter earnings report on November 5, 2026. The company reported strong second-quarter adjusted EPS of USD 3.24, exceeding consensus, and analysts have a "Moderate Buy" rating with an average 12-month price target of USD 141.24. Investors will be closely watching the upcoming earnings to see if the company can maintain its positive operating performance.
Chevron Corp. Research & Ratings | CVX
This article provides detailed research and ratings for Chevron Corp. (CVX), including analyst ratings, stock grader sentiment, key financial metrics like EPS and dividend yield, and quarterly and yearly earnings estimates. It shows a consensus "Buy" rating with an average price target of $224.63. The article also lists peer comparisons and disclaimers regarding data sources.
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.
ConocoPhillips (COP) Stock May Be Undervalued As Climate Case Focus Grows
ConocoPhillips (COP) stock may be undervalued despite recent gains and increased focus on climate litigation, trading at a P/E ratio below a tailored "Fair Ratio" benchmark. Analysts and Simply Wall St narratives offer mixed views, with some seeing upside from LNG contributions and others considering it fairly valued based on its project pipeline. Investors are advised to consider the evolving climate litigation landscape and analyst forecasts when evaluating the company.
What Could Devon Energy (NYSE:DVN) Bring to S&P 500 Energy?
Devon Energy (NYSE:DVN) is a significant U.S. oil and natural gas producer within the S&P 500 Energy sector. The company's recent merger with Coterra Energy expanded its U.S. shale operating footprint, particularly in the Delaware Basin, and diversified its portfolio to include more natural gas assets. This strategic move and ongoing infrastructure developments enhance Devon Energy's position in the domestic production landscape.
Venture Global and ConocoPhillips announce 20-yr LNG sales and purchase agreement
Venture Global, Inc. and ConocoPhillips have entered into a new 20-year sales and purchase agreement (SPA) for liquefied natural gas (LNG). Under the agreement, ConocoPhillips will purchase 1 million tons per year of LNG from Venture Global starting in 2030. This partnership signifies market confidence in Venture Global's ability to supply reliable U.S. LNG.
ConocoPhillips Joins Venture Global's Long-Term LNG Buyers
ConocoPhillips has signed an agreement to purchase one million metric tons of liquefied natural gas (LNG) annually from Venture Global for 20 years, starting in 2030. This deal is part of ConocoPhillips' strategy to expand its LNG supply business, aiming for 10-15 MMtpa offtake. Venture Global continues to secure long-term contracts, recently signing an agreement with China Gas Holdings Ltd, and is progressing with its Plaquemines LNG and CP2 LNG projects.
ConocoPhillips expands LNG portfolio with 20-year Venture Global agreement
ConocoPhillips has secured a 20-year sales and purchase agreement (SPA) with Venture Global for 1 MMtpa of liquefied natural gas (LNG), starting in 2030. This deal enhances ConocoPhillips' global LNG portfolio and reflects ongoing market confidence in Venture Global's ability to supply U.S. LNG. The financial details and the specific Venture Global facility for supply were not disclosed.
Eni CEO met Argentina’s Milei to discuss LNG project
Argentina's President Javier Milei met with Eni CEO Claudio Descalzi to discuss the Argentina LNG project during Argentina Week in Paris. Eni is developing the project in the Vaca Muerta basin with Argentina’s state oil company YPF and XRG, aiming for a production capacity of 12 million tonnes of liquefied natural gas per year by 2030. The Vaca Muerta formation is crucial for Argentina's economic future.
Eni CEO Meets Argentine President as LNG Project Nears Investment Decision
Eni CEO Claudio Descalzi met Argentine President Javier Milei in Paris to discuss the progress of the Argentina LNG project, which is nearing a final investment decision. The project, a joint venture between Eni, YPF, and XRG, aims to monetize Vaca Muerta gas through an integrated production and export system, with initial LNG capacity of 12 million tonnes per annum. The discussions also covered the importance of a stable framework for long-term energy investment and potential international markets for Argentine LNG supplies.
ConocoPhillips Weighs $7bn Sale of Norway Operations and Teesside Terminal - News and Statistics
ConocoPhillips is considering selling its Norwegian operations and the Teesside terminal in the UK, an estimated $7 billion divestment, after receiving an unsolicited offer. The company views this as an opportunity to optimize its portfolio, but will only proceed if bids meet its valuation expectations. The potential sale includes significant North Sea assets and a crucial export terminal.
Venture Global and ConocoPhillips announce 20-Year LNG Sales and Purchase Agreement
Venture Global and ConocoPhillips have signed a new 20-year Sales and Purchase Agreement (SPA) for liquefied natural gas (LNG). Starting in 2030, ConocoPhillips will purchase 1.0 million tonnes per annum (MTPA) of LNG from Venture Global. This agreement highlights confidence in Venture Global's ability to supply reliable, low-cost U.S. LNG and supports ConocoPhillips' expanding global LNG portfolio.
ConocoPhillips Signs 20-Year LNG Deal With Venture Global
ConocoPhillips and Venture Global have finalized a 20-year LNG supply agreement, with Conoco to receive 1 million tons annually starting in 2030. This deal highlights a growing trend in the energy sector to increase LNG exposure due to strong demand projections. Venture Global has been rapidly expanding its LNG capacity, despite past legal disputes with other major oil companies regarding supply contracts.
TotalEnergies plans $10 billion investment in Argentina, CEO says By Investing.com
TotalEnergies announced plans to invest $10 billion in Argentina, focusing on drilling new wells in Tierra del Fuego and expanding gas production in Neuquen. CEO Patrick Pouyanne stated the company aims to increase production to 16 million cubic meters per day and expects to invest $4 billion to $5 billion over the next decade. This investment aligns with Argentina's efforts to attract foreign capital, particularly into strategic sectors like energy.
Venture Global signs 20-year LNG supply deal with ConocoPhillips
Venture Global has signed a 20-year agreement with ConocoPhillips to supply 1 million metric tons/year of liquefied natural gas starting in 2030, causing Venture Global's stock to rise. This follows a similar deal with China Gas Holdings last month. Venture Global has also requested federal approval to begin commercial operations at its Plaquemines LNG plant in Louisiana.
Venture Global jumps on ConocoPhillips LNG supply deal
Venture Global's shares climbed 3% after announcing a 20-year liquefied natural gas supply agreement with ConocoPhillips. Under the agreement, ConocoPhillips will purchase 1.0 million tonnes per annum of LNG from Venture Global starting in 2030, significantly expanding Venture Global's customer base and future supply commitments. Venture Global is a major U.S. LNG exporter with over 100 million tonnes per annum of capacity in various stages of development.
ConocoPhillips signs 20-year LNG deal with Venture Global
ConocoPhillips and Venture Global have signed a 20-year liquefied natural gas (LNG) supply agreement for 1 million tonnes a year, starting in 2030. This deal aims to strengthen ConocoPhillips' LNG portfolio, especially as challenges from the Iran conflict impact QatarEnergy’s operations where ConocoPhillips has interests. Venture Global's LNG projects are located in Louisiana, with significant production capacity already in development or construction.
ConocoPhillips Signs 20-Year LNG Deal With Venture Global
ConocoPhillips has secured a significant 20-year sales and purchase agreement with Venture Global, a deal that underscores the growing demand for liquefied natural gas. This long-term contract is expected to enhance ConocoPhillips's energy portfolio and support Venture Global's continued expansion in the LNG market.
BP p.l.c. (BP.L) latest stock news and headlines
This article provides a compilation of recent news and headlines concerning BP p.l.c. (BP.L) from various financial news sources. It includes information on stock performance, analyst ratings, and mentions of BP in relation to other companies and investment strategies. The performance overview indicates strong year-to-date and 1-year returns for BP.L compared to the FTSE 100 benchmark.
Altria Group (NYSE:MO) Raises Payout, High Yield in View
Altria Group (NYSE:MO) is highlighted for its recently raised quarterly payout and high dividend yield, positioning it as a prominent stock for income-focused investors. The company continues to navigate the evolving tobacco market by balancing its strong traditional cigarette business with a growing focus on smoke-free products. This strategy aims to sustain its generous distribution while adapting to changing consumer habits and regulatory pressures.
ConocoPhillips Weighs Sale of Norway Business and Teesside Asset
ConocoPhillips is evaluating the potential sale of its Norwegian operations and its Teesside asset in the UK after receiving an unsolicited offer. The company views this review as part of its strategy to optimize its global portfolio, though it states a transaction is not guaranteed and depends on offers meeting its valuation expectations. The assets include the long-standing Greater Ekofisk Area in the North Sea and the Teesside crude oil processing facility, which are closely linked through infrastructure.
ExxonMobil's Advantageous Upstream Assets to Fuel Long-Term Growth
ExxonMobil is poised for long-term growth due to its advantageous upstream assets, particularly in Guyana and the Permian Basin, which are expected to boost earnings and cash flows in the current favorable oil price environment. The company focuses on efficient production, strategic capital allocation, and maintaining a strong balance sheet to deliver shareholder value. Other industry players like ConocoPhillips and EOG Resources also benefit from low-cost production profiles in U.S. shale basins.
ConocoPhillips Weighs Sale of Norway Business and Teesside Asset
ConocoPhillips is considering selling its Norway operations and Teesside asset in the UK after receiving an unsolicited offer. This potential divestment aligns with the company's strategy to optimize its global portfolio, focusing on assets with the strongest long-term returns. The decision hinges on whether prospective offers meet ConocoPhillips' valuation expectations.
Exxon, Suncor Bid to Block Climate Suits at US Supreme Court (1)
Exxon Mobil Corp. and Suncor Energy Inc. are petitioning the US Supreme Court to dismiss a climate change lawsuit filed by the city and county of Boulder, a case that could impact dozens of similar actions across the country. The oil companies argue that climate change is a global issue beyond the scope of state-level litigation and that federal law, specifically the Clean Air Act, should govern such matters. The Justice Department supports the companies' position, while environmental groups and local governments contend that states should be able to protect their citizens from in-state harms under traditional tort doctrines.
ConocoPhillips Weighs Selling Its Norway Business
ConocoPhillips is considering an unsolicited offer to sell its Norway business and the Teesside oil terminal in the UK, as Brent crude approaches $100 a barrel. This move is part of the typical portfolio reshuffling by major oil companies to fund higher-return projects or shareholder payouts. A potential sale would provide a real-time valuation for these assets, allowing analysts to re-evaluate the company's sum-of-the-parts valuation and influence stock performance.
ConocoPhillips says weighing sale of Norway business, U.K. Teesside asset (COP:NYSE)
ConocoPhillips is considering selling its Norway business and the Teesside oil terminal in the U.K. This evaluation comes after the company received an unsolicited offer for these assets. The identity of the potential buyer and the financial details of the offer have not been disclosed.
TotalEnergies to invest $10 billion in Argentina, CEO Pouyanne says
TotalEnergies plans to invest $10 billion in Argentina across various projects, including new wells in Tierra del Fuego and expanding gas production in Neuquen, aiming to increase daily gas production to 16 million cubic meters. The investment underscores Argentina's efforts to attract foreign capital, particularly for its Vaca Muerta shale formation, a key driver of the country's energy growth and future export revenue. CEO Patrick Pouyanne made the announcement during an investment conference in Paris, coinciding with Argentine President Javier Milei's visit to France to promote investment opportunities.
ConocoPhillips Receives Offer for Norway Assets, UK Oil Terminal
ConocoPhillips has reportedly received an offer for its assets in Norway and its Teesside oil terminal in the UK. The company specializes in hydrocarbon exploration and production, with significant operations in the United States, Canada, and Europe. This potential sale follows earlier reports of ConocoPhillips exploring the divestiture of these assets.
ConocoPhillips acquired Marathon Oil, ending Marathon Oil stock trading
ConocoPhillips completed its acquisition of Marathon Oil for USD 22.5 billion on November 22, 2024, leading to the cessation of Marathon Oil's stock trading as an independent listed security. This acquisition integrated Marathon Oil's upstream exploration and production business into ConocoPhillips, effectively ending Marathon Oil's standalone equity story. Marathon Oil's historical market capitalization was USD 15.97 billion as of January 24, 2025.
ConocoPhillips Considers Sale of Norway and Teesside Assets
ConocoPhillips is evaluating the potential sale of its Norway business and UK Teesside asset following an unsolicited offer received on October 1, 2026. This move aligns with the company's strategy to optimize its portfolio, and it will retain the assets if the offer does not meet its value expectations. Employees, partners, and regulators have been informed of this strategic review.
ConocoPhillips stock pre-market at EUR 110.32: minus 0.80 percent
ConocoPhillips stock is trading pre-market at EUR 110.32 on Lang & Schwarz, reflecting a 0.80 percent decrease from its previous close. The company is scheduled to release its third-quarter 2026 financial results on November 5, 2026, before the market opens, followed by a conference call and webcast. ConocoPhillips is listed on the New York Stock Exchange under the ticker COP.
ConocoPhillips stock after-hours at EUR 111.47: plus 0.79 percent versus the prior close
ConocoPhillips stock traded after-hours at EUR 111.47, reflecting a 0.79 percent increase from its previous close at Lang & Schwarz. The company is scheduled to announce its third-quarter 2026 financial and operating results before the market opens on November 5, 2026, followed by a conference call webcast. Investors can find more details in the company's investor-relations calendar.
Petroleo Brasileiro SA Petrobras Stock (PBR) Moved Up by 3.08% on Sep 30: What Investors Need To Know
Petroleo Brasileiro SA Petrobras (PBR) saw its stock rise by 3.08% on September 30, driven by a 22-year LNG supply agreement with Cheniere Energy, reinforcing its position as an integrated energy provider. Analysts maintain a positive outlook due to strong cash flow, compelling valuation, and ongoing operational progress. While technical indicators show mixed signals, institutional sentiment remains constructive, supported by upward price target revisions and favorable momentum.
Occidental Petroleum (NYSE:OXY) Slips With Crude as Debt Reduction Story Stays in View
Occidental Petroleum (NYSE:OXY) shares eased due to slipping crude prices, influenced by strategic reserve releases and the ongoing U.S.-Iran stalemate. Despite this, the company's operating story remains strong, with a recent quarter beating expectations on earnings and revenue, supported by robust operating cash flow and continuous debt reduction efforts. The focus on Permian strength, portfolio reshaping, and lower-carbon projects continues to drive Occidental's strategy amidst commodity price fluctuations.
ConocoPhillips (NYSE:COP) Adjusts to New CEO Era as Crude Eases on Reserve Releases
ConocoPhillips (NYSE:COP) experienced a softer trading session as crude oil prices eased due to government reserve releases and ongoing diplomatic stalemate between the US and Iran. The company recently underwent a leadership transition with Andy O'Brien taking over as CEO and Ryan Lance moving to Executive Chair, and is preparing for its Q3 earnings call in early November. Despite the crude softness, ConocoPhillips' strong operational focus, diversified asset base, and consistent capital allocation strategy are expected to provide resilience.
Trio Petroleum Announces Lloydminster Acquisition with Cummings Multilateral Oil Well and Workover Production Growth Opportunity
Trio Petroleum Corp (NYSE American: TPET) has announced the acquisition of 24 oil wells in Saskatchewan's Lloydminster region through its Canadian subsidiary from Marlin Resources Ltd. This acquisition includes 4 producing and 20 shut-in heavy-oil assets, bringing approximately 37 barrels of oil per day of current production. The deal also provides significant growth opportunities through existing-well workover upside and a new multilateral drilling opportunity, alongside a strategically positioned water disposal facility.
Is ConocoPhillips (NYSE:COP) the Oil and Gas Stocks Stock Everyone's Talking About?
ConocoPhillips (NYSE:COP) is drawing attention due to oil price volatility impacting capital discipline and production economics, set against a backdrop of elevated Treasury yields and a dynamic market. The article emphasizes the importance of company-specific execution and measurable signals to determine the stock's future performance, rather than just headline momentum. While the current market environment is challenging, the real-time operational story makes ConocoPhillips a relevant stock to watch, especially with upcoming corporate reports and economic data.
Marathon Oil stock joined ConocoPhillips in a USD 22.5 billion deal
Marathon Oil Corporation was acquired by ConocoPhillips in a USD 22.5 billion deal completed in November 2024, ending its run as an independent public company. The acquisition integrated Marathon Oil's exploration and production assets into ConocoPhillips' larger portfolio. Investors are advised to differentiate Marathon Oil (MRO) from Marathon Petroleum (MPC) due to a 2011 corporate split that created two distinct energy companies.
ConocoPhillips stock holds at EUR 110.97 after Q2 earnings beat
ConocoPhillips stock (COP) is trading at EUR 110.97 after reporting strong Q2 2026 earnings, with adjusted EPS of USD 3.24, beating consensus by 9.5 percent. The company's revenue also exceeded estimates, driven by higher realized prices for oil equivalent. ConocoPhillips is expanding its liquefied natural gas capacity and progressing with the Willow project in Alaska, with its next earnings call scheduled for November 5, 2026.
Why Is Woodside (ASX:WDS) Lagging as Oil Prices Ease?
Woodside Energy (ASX:WDS) lagged the broader market as crude oil prices eased following a release from United States emergency oil reserves, tempering recent gains driven by Middle East tensions. The article discusses key watch points for Woodside, including its Scarborough gas development, the Louisiana LNG project, and board renewal, highlighting how the company's stock is sensitive to both macro oil price movements and project execution updates. Woodside's performance reflects the market's focus on sustained high oil prices rather than past results, with future growth tied to its large-scale projects in Australia and the US.
What Diamondback Energy Kept Having To Prove
Diamondback Energy's recent board decision to double share repurchase authorization to US$16 billion while maintaining a base dividend highlighted the company's strong performance. Investors who held the stock from the beginning of the year saw a 22.8% return. The Q2 2026 results, with significant increases in revenue and net income, supported the bullish view that focused on strong cash generation and asset sales.
BP p.l.c. (BP) Stock Price, News, Quote & History
This Yahoo Finance page provides comprehensive financial information for BP p.l.c. (BP), including its current stock price, news, and historical data. It details the company's performance, key financial metrics, analyst ratings, and an overview of its operations in the oil and gas sector. The article highlights BP's stock performance against benchmarks and provides a snapshot of its earnings trends and valuation measures.
SM Energy (SM) Stock May Be Undervalued Following Rising Oil Prices
SM Energy (SM) has experienced a significant year-to-date gain, prompting questions about its current valuation despite its strong performance. The stock's P/E ratio of 7.9x is below the industry average, suggesting it may be undervalued based on its earnings profile. However, internal checks indicate potential concerns that investors should consider in addition to valuation.
Vista Energy SAB de CV Sponsored ADR Class A Revenue Breakdown – HAN:1CIA
Vista Energy SAB de CV Sponsored ADR Class A (1CIA) generated €2.10 billion in revenue last year, primarily from its Crude Oil segment, which accounted for €2.03 billion. The majority of this revenue, €2.10 billion, originated from Argentina, indicating the company's strong reliance on crude oil production and the Argentine market.
Are Current Oil Prices High Enough to Fuel ExxonMobil's Growth?
With West Texas Intermediate (WTI) crude trading above $90 per barrel, the current oil prices are highly favorable for ExxonMobil's exploration and production activities, particularly in the Permian Basin and offshore Guyana. Other companies like Chevron Corporation (CVX) and ConocoPhillips (COP) are also poised to benefit from these robust prices due to their low-cost drilling opportunities and growing production volumes. While ExxonMobil's shares have outperformed the industry, its valuation is currently higher than the broader industry average, yet its 2026 earnings estimates have seen recent upward revisions.
SLB OneSubsea Secures ExxonMobil Contract for Rovuma LNG in Mozambique - News and Statistics
SLB OneSubsea has been awarded a contract by ExxonMobil for the Rovuma LNG development in Mozambique. The contract covers subsea production systems, including trees, manifolds, and control systems, for the initial phase of the project. SLB OneSubsea plans to establish a local services base to support the project and foster regional development.
