Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
9/19/2024 | $5.00 | Neutral | Mizuho | |
9/18/2024 | $67.00 | Overweight | JP Morgan | |
9/16/2024 | $103.00 → $111.00 | Equal-Weight → Overweight | Morgan Stanley | |
9/16/2024 | $16.00 | Overweight → Equal-Weight | Morgan Stanley | |
9/13/2024 | Underperform → Neutral | Exane BNP Paribas | ||
9/13/2024 | $44.00 → $37.00 | Outperform → Sector Perform | RBC Capital Mkts | |
9/12/2024 | Buy → Neutral | Citigroup | ||
9/11/2024 | $162.00 → $150.00 | Buy | TD Cowen |
Transaction in Own Shares 19 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 19 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paid Lowest price paid Volume weighted average price paid per shareVenueCurrency19/09/2024710,831 £26.0050£25.7950£25.8998LSEGBP19/09/2024- £0.0000£0.0000£0.0000Chi-X (CXE)GBP19/09/2024- £0.0000£0.0000£0.0000BATS (BXE)GBP19/09/2024585,684 €31.1900€30.9200€31.0923XAMSEUR19/09/2024- €0.0000€0.0000€0.0000CBOE DXEEUR19/09/2024- €0.0000€0.0000€0.0000TQEXEUR These share
Press Release September 19, 2024 Shell plc Announces Early Participation Results and Increase in Maximum Amount of Old Notes that may be Accepted in the Previously Announced Exchange Offers Early Participation Premium to be Offered to all Holders Shell plc ("Shell") (LSE: SHEL) (NYSE:SHEL) (EAX: SHELL) today announced that, as of 5:00 p.m., New York City Time, on September 18, 2024 (the "Early Participation Deadline"), the aggregate principal amounts listed below of the twelve series of notes issued by Shell International Finance B.V. ("Shell International Finance" and such notes, the "Old Notes") had been validly tendered (and not validly withdrawn) for exchange in Shell
Intel, Dow, and Mastercard recognized for excellence in corporate disclosure Intel, Dow, and Mastercard have emerged as champions, securing top honors in the 2024 U.S. Transparency Awards unveiled today by Labrador, a leading global communications firm specializing in transparent corporate disclosure documents. The rankings are based on a rigorous evaluation of corporate disclosure documents among the top 250 companies in the S&P 5001 and recognize companies dedicated to building investor and stakeholder trust through clear, concise, and effective communication. The Transparency Awards celebrate the 10 most transparent U.S. companies, the top three leaders in 11 industries, and the best p
Murphy Oil Corporation (NYSE:MUR) ("Murphy" or the "Company") announced today the commencement of a series of tender offers to purchase for cash up to $600,000,000 aggregate principal amount (the "Maximum Aggregate Cap") certain of its outstanding series of senior notes listed in the table below (collectively, the "Notes"). Dollars per $1,000 Principal Amount of Notes(3) Title of Security CUSIP Number Principal Amount Outstanding Maximum SubCap(1) Acceptance Priority Level(2) Tender Offer Consideration Early Tender Premium Total Consideration (4) 5.875% Senior Notes due 2027 626717 AM4 / US626717AM42 $416,731,0
Murphy Oil Corporation (the "Company") (NYSE:MUR) announced today that, subject to market conditions, it intends to offer $600 million of Senior Notes due 2032 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission ("SEC"). The Company expects to use the net proceeds from the offering, together with cash on hand, to (i) fund the cash tender offers (the "Tender Offers") announced today to purchase up to $600 million aggregate principal amount of its outstanding 5.875% Senior Notes due 2027, 6.375% Senior Notes due 2028 and 7.050% Senior Notes due 2029 (together, the "Tender Notes") pursuant to the terms and conditions set forth in
Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company") today announced the closing of its previously announced strategic bolt-on acquisition of a subsidiary of Ameredev II Parent, LLC ("Ameredev") from affiliates of EnCap Investments L.P. ("EnCap") for cash consideration of $1.832 billion, which amount is subject to customary post-closing adjustments (the "Ameredev Acquisition"). The Ameredev Acquisition includes: Approximately 33,500 contiguous net acres (82% held by production; over 99% operated) in the core of the Delaware Basin; Production that is expected to average between 25,500 and 26,500 barrels of oil and natural gas equivalent ("BOE") per day during the remainder
Mizuho initiated coverage of Kosmos Energy with a rating of Neutral and set a new price target of $5.00
JP Morgan initiated coverage of Civitas Resources with a rating of Overweight and set a new price target of $67.00
Morgan Stanley upgraded ONEOK from Equal-Weight to Overweight and set a new price target of $111.00 from $103.00 previously
4 - ONEOK INC /NEW/ (0001039684) (Issuer)
4 - ONEOK INC /NEW/ (0001039684) (Issuer)
4 - ONEOK INC /NEW/ (0001039684) (Issuer)
SC 13D/A - Energy Transfer LP (0001276187) (Subject)
SC 13G/A - Marathon Petroleum Corp (0001510295) (Subject)
SC 13G/A - PBF Energy Inc. (0001534504) (Subject)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by visiting our Analyst Stock Ratings page. Traders can sort through Benzinga's extensive database of analyst ratings, including by analyst accuracy. Below are the ratings of the most accurate analysts for three high-yielding stocks in the energy sector. CVR Energy, Inc. (NYSE:CVI) Dividend Yield: 7.88% Scotiabank analyst Paul Cheng maintained a Sector Underperform rating and cut the p
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
Valero Energy (NYSE:VLO) reported quarterly earnings of $2.71 per share which beat the analyst consensus estimate of $2.56 by 5.86 percent. This is a 49.81 percent decrease over earnings of $5.40 per share from the same period last year. The company reported quarterly sales of $30.940 billion which missed the analyst consensus estimate of $33.672 billion by 8.11 percent. This is a 10.34 percent decrease over sales of $34.509 billion the same period last year.
6-K - Shell plc (0001306965) (Filer)
8-K - Matador Resources Co (0001520006) (Filer)
305B2 - MURPHY OIL CORP (0000717423) (Filer)
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
4 - Matador Resources Co (0001520006) (Issuer)
4 - PBF Energy Inc. (0001534504) (Issuer)
4 - Transocean Ltd. (0001451505) (Issuer)
DENVER, Sept. 9, 2024 /PRNewswire/ -- SM Energy Company (NYSE:SM) today announced that it has appointed Beth McDonald as its Executive Vice President and Chief Operating Officer, effective as of September 9, 2024. President and Chief Executive Officer Herb Vogel comments: "We are delighted to welcome Beth to our executive team. She is an experienced and respected leader in our industry. Her breadth of experience at Pioneer, including leadership roles in engineering, planning and marketing that spanned both the Permian Basin and Eagle Ford, make her an ideal addition to our team. I look forward to working with Beth to continue our success in Texas and to apply our strengths as a technical l
ConocoPhillips (NYSE:COP) today announced that its board of directors has elected Ms. Nelda J. Connors to serve as a board member. Ms. Connors has more than 25 years of experience in the industrial and manufacturing industries. In 2011, she founded Pine Grove Holdings, LLC, where she currently serves as chair and chief executive officer, overseeing investments in small- and mid-sized businesses with a high engineering component. Prior to founding Pine Grove Holdings, Ms. Connors served as president and chief executive officer of Atkore International Group, Inc., from 2008 to 2010 while Atkore was a division of Tyco International, and from 2010 to 2011 following Atkore's spin-off as a sepa
BOGOTA, Colombia, Sept. 3, 2024 /PRNewswire/ -- Ecopetrol S.A. ((BVC: ECOPETROL, NYSE:EC) ("Ecopetrol" or the "Company") announces that the Board of Directors made the following appointments on August 30, 2024: David Alfredo Riaño Alarcón, Executive Vice President of Energy Transition, as legal and alternate commercial representative.Camilo Barco Muñoz, Corporate Vice President of Finance and Sustainable Value, as alternate legal and commercial representative.Cristina Toro Restrepo, Corporate Legal Vice President, as alternate legal and commercial representative.Ecopetrol also