AI’s insatiable power appetite is turning Appalachia’s natural gas fields into a critical energy hub. Antero Resources and other E&Ps are racing to lock in supply deals with nearly 5 Bcf/d of regional demand looming from data centers and power projects.
As companies report on second-quarter earnings, here is a compilation of dividends and distributions declared in the week of July 28 from select upstream, midstream, downstream and service and supply companies.
The oil and gas rig count fell by two to 540 in the week to August 1, the lowest since October 2021.
Sempra Infrastructure and Jera’s contract finalizes an HOA announced with national fanfare in June.
(Reuters) – U.S. President Donald Trump’s demand on India to halt Russian oil imports could threaten billions in Russian revenues, prompt Moscow to retaliate by stopping a major U.S.-led oil pipeline and potentially lead to a new global supply crisis. India, the world’s third largest oil importer, has become the biggest buyer of Russian oil …
How Moscow Might Respond if Trump Stops Russian Oil to India Read More »
(Reuters) – Exxon Mobil, the United States’ biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower crude prices. Oil and gas production was the highest for any second quarter since the merger of Exxon and Mobil formed …
Exxon Beats Profit Estimates With Higher Production Despite Weak Oil Prices Read More »
(Reuters) – Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped to offset the impact of lower crude prices. The No. 2 U.S. oil major last month headed off a legal challenge from the biggest U.S. producer Exxon Mobil enabling it to close its …
Chevron Beats Wall Street Profit Estimates With Record Output Read More »
(Reuters) – A look at the day ahead in European and global markets from Stella Qiu: It is tariff deadline day and President Donald Trump delivered by slapping fresh levies on imports from dozens of countries, including those that do not have a trade deal yet. Rates were set at 35% for Canada, 25% for …
COMMENTARY: ‘Tariffs – Use This Version, Please’ – Stella Qiu Read More »
Delivered industry-leading results, earnings of $7.1 billion and cash flow from operations of $11.5 billion1 Returned industry-leading $9.2 billion to shareholders, on pace to purchase $20 billion in shares this year2 Repurchased approximately 40% of shares issued to acquire Pioneer Natural Resources since May 2024 Commenced start-up of Singapore Resid Upgrade, Fawley Hydrofiner and Strathcona …
ExxonMobil Announces Second-Quarter 2025 Results Read More »
Reported earnings of $2.5 billion; adjusted earnings of $3.1 billion Record production; 1 million BOE per day in the Permian Basin Returned $5.5 billion cash to shareholders; 13 straight quarters of over $5 billion Completed acquisition of Hess Corporation in July HOUSTON–(BUSINESS WIRE)–Chevron Corporation (NYSE: CVX) reported earnings of $2.5 billion ($1.45 per share – diluted) …
