CORRECTION: Oil Prices Lower For The Session
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CORRECTION: Oil Prices Lower For The Session
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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 11/1/2024 | $32.00 → $27.00 | Hold | TD Cowen | |
| 10/25/2024 | Hold → Buy | Argus | ||
| 10/18/2024 | Mkt Perform | Raymond James | ||
| 10/17/2024 | $25.00 | Underperform | BofA Securities | |
| 10/4/2024 | Outperform → Market Perform | BMO Capital Markets | ||
| 10/4/2024 | $42.00 → $35.00 | Outperform → Market Perform | BMO Capital Markets | |
| 10/2/2024 | $53.00 → $40.00 | Overweight → Neutral | JP Morgan | |
| 9/25/2024 | $40.00 → $42.00 | Equal Weight → Overweight | Wells Fargo |
13F-NT - Baker Hughes Co (0001701605) (Filer)
8-K - Ovintiv Inc. (0001792580) (Filer)
10-Q - BP PRUDHOE BAY ROYALTY TRUST (0000850033) (Filer)
A roundup of the most newsworthy press releases from Cision Distribution this week TORONTO, Nov. 15, 2024 /CNW/ - With thousands of press releases published each week, it can be difficult to keep up with everything on Cision. To help journalists and consumers stay on top of the week's most newsworthy and popular releases, here's a recap of some major stories from the week that shouldn't be missed. The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that
CALGARY, AB, Nov. 14, 2024 /CNW/ - Paramount Resources Ltd. ("Paramount" or the "Company") (TSX:POU) is pleased to announce that it has entered into a purchase and sale agreement (the "Agreement") with Ovintiv Inc. (NYSE:OVV) (TSX:OVV) and one of its wholly-owned subsidiaries (together, "Ovintiv") pursuant to which Ovintiv will acquire Paramount's Karr, Wapiti and Zama properties (the "Assets") for $3.325 billion in cash plus certain Horn River Basin properties of Ovintiv (the "Transaction"). The Assets include approximately 170 net sections of Montney lands with 114 MMBoe of proved developed producing reserves, 270 MMBoe of proved reserves and 523 MMBoe of proved plus probable reserves as
Transaction to Significantly Expand Existing Montney Premium Oil Inventory, Company to Exit Uinta Basin with Asset Sale Highlights: Agreement reached to acquire approximately 109,000 net acres and approximately 70 thousand barrels of oil equivalent per day ("MBOE/d") in the core of the Alberta Montney for $2.377 billion (C$3.325 billion)Acquisition will add approximately 900 total net well locations, including approximately 600 premium(1) return well locations and approximately 300 upside locations, extending premium Montney oil and condensate inventory life to approximately 15 yearsExpanded access to additional midstream and downstream infrastructure will enable future oil growth optionalit
SC 13G/A - APA Corp (0001841666) (Subject)
SC 13G/A - APA Corp (0001841666) (Subject)
SC 13G/A - Ovintiv Inc. (0001792580) (Subject)
New liquid mud plant is the largest in Namibia in terms of volume and capacityWalvis Bay Port location will enhance efficiencies for customers and support local employment WALVIS BAY, Namibia, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ:BKR), an energy technology company, announced Thursday the opening of its new liquid mud plant, cement bulk facility and integrated multi-modal facility to support Namibia's burgeoning energy industry and increase localization opportunities. The facilities, including Namibia's largest liquid mud plant in terms of volume and capacity, will serve as a key infrastructure necessary to supply drilling and completions fluids and cement bulk handling
The U.S. Energy Information Administration (EIA) recently reported annual production of U.S. petroleum coke (petcoke) remained relatively unchanged from 2014 through 2023, averaging 46 million tons, according to U.S. Census Bureau data. Petcoke, which is extracted from petroleum during the refining process, isn't a popular product in the U.S. due to its high carbon content, but it is popular overseas because of its high heat content and low price. Indeed, almost 90% of the petcoke produced in the U.S. in 2023 was exported. Industrial Info is tracking more than $830 million worth of active and proposed projects for petroleum-coking units across the U.S., the bulk of which are for unit upgr
PARSIPPANY, N.J., Nov. 18, 2024 /PRNewswire/ -- PBF Energy Inc. (NYSE:PBF) today announced that members of its management team will participate in the TD Cowen Energy Conference on November 19, 2024. Any company presentation materials will be made available on the Investor Relations section of the PBF Energy website at www.pbfenergy.com. About PBF Energy Inc.PBF Energy Inc. (NYSE:PBF) is one of the largest independent refiners in North America, operating, through its subsidiaries, oil refineries and related facilities in California, Delaware, Louisiana, New Jersey and Ohio. Ou
HOUSTON, Oct. 28, 2024 (GLOBE NEWSWIRE) -- APA Corporation (NASDAQ:APA) has announced the appointment of Kenneth M. Fisher to its board of directors. "We are very pleased to welcome Ken to the APA board of directors," said Lamar McKay, APA's non-executive board chair. "Ken brings with him a wealth of financial and leadership experience across the oil and gas value chain. His experience will provide the board with valuable insight and guidance as we continue to responsibly meet the world's energy needs." Mr. Fisher, 62, currently serves as the executive vice president and chief financial officer for ChampionX. Previously, he was executive vice president and chief financial officer of Nobl
FORNEBU, Norway, Oct. 21, 2024 /PRNewswire/ -- Akastor ASA's (OSE: AKAST) 50% owned affiliate HMH Holding B.V. ("HMH") has today announced that Mr. Daniel "Dan" W. Rabun has been appointed as Chairman of the Board of Directors effective October 21, 2024. Mr. Rabun is a seasoned executive with extensive leadership experience across multiple industries, having held key roles such as CEO, Chairman, and Board member at major companies, including Ensco plc, Golar LNG Ltd, ChampionX Corporation, Borr Drilling, and APA Corporation. A copy of HMH's announcement with further details can be found on their webpage; https://hmhw.com/news/. For further information, please contact: Øyvind Paaske Chief Fi
HMH announced today that Mr. Daniel "Dan" W. Rabun has been appointed as Chairman of the Board of Directors effective October 21, 2024. Mr. Rabun is a seasoned executive with extensive leadership experience across multiple industries, having held key roles as CEO, Chairman, and Board member across multiple major companies. He joined Ensco plc in 2006 as President and Board member, later becoming CEO in 2007 and Chairman in 2007. He retired from Ensco in 2014 and as Chairman in 2015. He also held key positions with Golar LNG Ltd, including Chairman from 2015 to 2017, and currently serves as non-executive Chairman of ChampionX Corporation and as a Director of Borr Drilling. He has also serve
4 - PBF Energy Inc. (0001534504) (Issuer)
4 - Ovintiv Inc. (0001792580) (Issuer)
4 - Ovintiv Inc. (0001792580) (Issuer)
TD Cowen reiterated coverage of PBF Energy with a rating of Hold and set a new price target of $27.00 from $32.00 previously
Argus upgraded Baker Hughes from Hold to Buy
Raymond James initiated coverage of Baytex Energy Trust with a rating of Mkt Perform
4 - PBF Energy Inc. (0001534504) (Issuer)
4 - PBF Energy Inc. (0001534504) (Issuer)
4 - PBF Energy Inc. (0001534504) (Issuer)
Truist Securities analyst Neal Dingmann maintains Ovintiv (NYSE:OVV) with a Buy and lowers the price target from $68 to $60.
Truist Securities analyst Neal Dingmann maintains HighPeak Energy (NASDAQ:HPK) with a Hold and raises the price target from $13 to $14.
Truist Securities analyst Neal Dingmann maintains APA (NASDAQ:APA) with a Buy and lowers the price target from $52 to $45.
