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| Company | Date | Price Target | Rating | Analyst |
|---|---|---|---|---|
| 11/19/2024 | $127.00 → $132.00 | Buy | TD Cowen | |
| 11/4/2024 | $130.00 → $127.00 | Buy | TD Cowen | |
| 10/17/2024 | $124.00 | Neutral | BofA Securities | |
| 10/10/2024 | $129.00 → $145.00 | Sector Perform → Sector Outperform | Scotiabank | |
| 10/9/2024 | $105.00 | Neutral → Underperform | Exane BNP Paribas | |
| 10/4/2024 | Outperform → Market Perform | BMO Capital Markets | ||
| 9/30/2024 | $19.00 | Buy | Goldman | |
| 9/30/2024 | $150.00 | Peer Perform → Outperform | Wolfe Research |
4 - Matador Resources Co (0001520006) (Issuer)
4 - Matador Resources Co (0001520006) (Issuer)
4 - Matador Resources Co (0001520006) (Issuer)
8-K - Ovintiv Inc. (0001792580) (Filer)
10-Q - BP PRUDHOE BAY ROYALTY TRUST (0000850033) (Filer)
8-K - EXXON MOBIL CORP (0000034088) (Filer)
4 - HESS CORP (0000004447) (Issuer)
4 - Ovintiv Inc. (0001792580) (Issuer)
4 - Ovintiv Inc. (0001792580) (Issuer)
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
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE:TPL) will replace Marathon Oil Corp. (NYSE:MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE:MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE:AESI) will replace Mueller Industries in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 26. S&P 500 & 100 constituent ConocoPhillips (NYSE:COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions. Texas Pacific Land and Mueller Industries have company level market capitalizations that are more r
Plans for 1 Billion Pounds Capacity per Year by 2027 $200 million investment adds new units to Beaumont and Baytown sites Processed more than 70 million pounds of plastic waste in Baytown so far with proven technology Additional advanced recycling units planned for North America, Europe, Asia ExxonMobil (NYSE:XOM) plans to invest more than $200 million to expand its advanced recycling operations at its sites in Baytown and Beaumont, Texas. The new operations are expected to start up in 2026 and can help increase advanced recycling rates and divert plastic from landfills. The company plans to build additional units to reach a global recycling capacity of 1 billion pounds per yea
Offtake agreement for up to 100,000 tons of lithium carbonate Aims to strengthen the U.S. critical mineral supply chain Contributes to domestic energy security, manufacturing, jobs and emission reductions Lithium production contingent on supportive regulatory frameworks, among other factors Exxon Mobil Corporation (NYSE:XOM) and LG Chem have signed a non-binding memorandum of understanding (MOU) for a multiyear offtake agreement for up to 100,000 metric tons of lithium carbonate. The lithium will be supplied from ExxonMobil's planned project in the U.S. to LG Chem's cathode plant in Tennessee, which LG Chem expects to be the largest of its kind in the U.S. "America needs secu
TD Cowen reiterated coverage of Exxon Mobil with a rating of Buy and set a new price target of $132.00 from $127.00 previously
TD Cowen reiterated coverage of Exxon Mobil with a rating of Buy and set a new price target of $127.00 from $130.00 previously
BofA Securities resumed coverage of Exxon Mobil with a rating of Neutral and set a new price target of $124.00
SC 13G/A - Ovintiv Inc. (0001792580) (Subject)
SC 13G/A - CANADIAN NATURAL RESOURCES LTD (0001017413) (Subject)
SC 13G/A - TotalEnergies SE (0000879764) (Subject)
TotalEnergies SE (NYSE:TTE) reported an adjusted EPS of $1.98, missing the consensus of $2.09. Sales of $53.74 billion topped the consensus of $46.35 billion. Hydrocarbon production fell 1% Y/Y to 2,441 kboe/d, benefiting from the high availability of production facilities. Notably, last week, the company disclosed that it expects its hydrocarbon production levels in the second quarter to reach close to 2.45 Mboe/d, at the upper limit of its guidance range. Apart from this, the company witnessed a 4% Y/Y decline in Exploration & Production and a 14% Y/Y increase in Integrated LNG businesses. Refinery throughput was up 3% Y/Y. Also Read: TotalEnergies Drills Deeper into Africa, Se
TotalEnergies (NYSE:TTE) reported quarterly earnings of $1.98 per share which missed the analyst consensus estimate of $2.09 by 5.26 percent. This is a 0.5 percent decrease over earnings of $1.99 per share from the same period last year. The company reported quarterly sales of $53.74 billion which beat the analyst consensus estimate of $46.55 billion by 15.45 percent. This is a 4.49 percent decrease over sales of $56.27 billion the same period last year.
Stephens & Co. analyst Mike Scialla maintains Matador Resources (NYSE:MTDR) with a Overweight and lowers the price target from $83 to $81.
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Texas Pacific Land Corp. (NYSE:TPL) will replace Marathon Oil Corp. (NYSE:MRO) in the S&P 500, S&P SmallCap 600 constituent Mueller Industries Inc. (NYSE:MLI) will replace Texas Pacific Land in the S&P MidCap 400, and Atlas Energy Solutions Inc. (NYSE:AESI) will replace Mueller Industries in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 26. S&P 500 & 100 constituent ConocoPhillips (NYSE:COP) is acquiring Marathon Oil in a deal expected to close November 22, pending final closing conditions. Texas Pacific Land and Mueller Industries have company level market capitalizations that are more r
Craig Morford, Vice President, General Counsel and Secretary for Exxon Mobil Corporation (NYSE:XOM), has announced his retirement effective July 1, 2024. The Board of Directors has elected Jeff Taylor as Vice President, General Counsel and Secretary for the company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240611622593/en/Craig Morford, Vice President, General Counsel and Secretary for Exxon Mobil Corporation (Photo: Business Wire) "Craig has been a valued member of our Corporate Leadership Team during his time as General Counsel providing his strong legal experience and counsel to advance our strategic priorities," said D
NEW YORK, May 3, 2024 /PRNewswire/ -- S&P MidCap 400 constituent Vistra Corp. (NYSE: VST) will replace Pioneer Natural Resources Co. (NYSE:PXD) in the S&P 500, S&P SmallCap 600 constituent Aaon Inc. (NASD: AAON) will replace Vistra in the S&P MidCap 400, and Marathon Digital Holdings Inc. (NASD: MARA) will replace Aaon in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, May 8. S&P 500 and S&P 100 constituent Exxon Mobil Corp. (NYSE:XOM) acquired Pioneer Natural Resources in a deal that closed today, Friday May 3. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action C
Director Dreyfus Maria S. bought $2,000,386 worth of shares (18,310 units at $109.25), increasing direct ownership by 105% to 35,757 units (SEC Form 4) on June 20, 2024. This substantial insider purchase is a significant development for Exxon Mobil Corporation. As we delve into the recent insider activity at Exxon Mobil, we notice a few interesting patterns. Prior to Dreyfus Maria S.'s purchase, we observed that on January 4, 2024, Ubben Jeffrey W. granted 2,500 shares, which could signal confidence in the company. On the same day, Powell Dina H. claimed no ownership of stock but was granted 8,000 shares, indicating a new ownership stake. These events suggest a mix of adjustments in holding
