Sharemaestro Newsreel

Petrobras posts third-highest profit as Middle East conflict lifts oil prices

Brazil's state-run oil firm Petrobras reported a 96% rise in second-quarter net profit to 52.4 billion reais, its third-highest ever, driven by surging oil prices due to the U.S.-Iran conflict. Despite beating market expectations, the company's earnings were negatively affected by government decisions to …

Vivakor closes $12 million convertible note private placement

Vivakor Inc. (NASDAQ:VIVK) has successfully closed a $12 million convertible note private placement, securing $15 million in principal amount including the original issuance discount. The funds will be used to reduce debt, support working capital, advance its Houston Remediation Processing Center, and further its …

Cenovus Energy (TSX:CVE) Lifts Guidance Following Strong Results With Valuation Back In Focus

Cenovus Energy recently reported strong second-quarter 2026 results, showing higher sales, net income, and upstream production, alongside updated guidance and capital returns through dividends and share buybacks. Despite a significant year-to-date share price increase of 64.70% and a five-year return of 326.13%, the company …

Exxon Links New $80 Billion Kazakh Oil Venture to Ending Dispute

Exxon Mobil is linking a new $80 billion oil venture in Kazakhstan to resolving an ongoing dispute. The article, authored by Nariman Gizitdinov, reports on this development, which was published on August 6, 2026, at 03:40 PM CDT. This strategic move by Exxon suggests …

Earnings Preview: SLNG to Report Financial Results Post-market on August 11

This article announces that SLNG is scheduled to report its financial results post-market on August 11. Investors and analysts will be anticipating the earnings release to assess the company's performance and future outlook.

Edgestream Partners L.P. Sells 41,284 Shares of National Fuel Gas Company $NFG

Edgestream Partners L.P. significantly reduced its stake in National Fuel Gas Company (NFG) by selling 41,284 shares, retaining only 3,246 shares. Despite this, NFG reported strong quarterly EPS of $1.54, exceeding estimates, and increased its quarterly dividend to $0.555 per share. Analysts maintain a …

Suncor CEO Rich Kruger stepping down in 2027

Rich Kruger, CEO of Suncor Energy Inc. since 2023, will step down in April 2027 to become executive vice-chair. Peter Zebedee, currently executive vice-president upstream, will succeed him as CEO. Kruger was brought in to address safety issues and production targets, and has been …

Suncor CEO Rich Kruger to step down next year, stay on at company

Suncor Energy Inc. announced that CEO Rich Kruger will step down next year, transitioning to executive vice-chair in April 2027. Peter Zebedee, currently executive vice-president of upstream operations, will succeed Kruger as CEO after becoming president and chief financial officer in September. The leadership …

Chevron (CVX) Earnings Surge Keeps Its Valuation Story In Focus

CHEVRON CORP 2026: Revenue $70.06B, EPS $6.11— 10-Q Summary

Chevron Corp reported strong results for the 2026 quarter, with revenue reaching $70.06 billion and diluted EPS of $6.11. This performance was driven by improved upstream and downstream margins, higher production, and strategic cost reductions. The company also highlighted significant business achievements including the …

Ecopetrol (NYSE:EC) Rating Lowered to Strong Sell at Zacks Research

Zacks Research has downgraded Ecopetrol (NYSE:EC) from a "hold" to a "strong sell" rating. This comes amidst a broader analyst consensus of "Reduce," with an average price target of $13.14, while the stock recently opened at $16.34. Institutional activity for Ecopetrol has been mixed, …

Cenovus Energy Inc. stock rises Thursday, outperforms market

Cenovus Energy Inc. (CVE) saw its stock rally by 2.04% to C$39.61 on Thursday, outperforming the broader Canadian market. The S&P/TSX Composite Index fell by 0.03%, while Cenovus Energy Inc. closed 10.2% below its 52-week high.

Wall Street Is Bullish on Chevron Stock. Here’s Our Price Target

Chevron stock has seen a 31% year-to-date increase, with a 24/7 Wall St. price target of $204.72, implying a modest 5% upside and a "hold" rating due to its current valuation. The article compares Chevron to ExxonMobil, highlighting Exxon's cheaper P/E and stronger ROE. …

National Fuel Reminds the Public to Call Before You Dig

National Fuel is reminding the public to "Call Before You Dig" in observance of National Safe Digging Day. Pennsylvania law requires calling 811, a free service, three to ten business days before digging to locate and mark underground utility lines. This practice helps prevent …

Brava Energia: Results of the Auction Related to the Tender Offer Launched by Ecopetrol

Brava Energia announced the results of the Public Tender Offer for the Acquisition of Shares (OPA) launched by Ecopetrol. Ecopetrol acquired 116,110,717 common shares, representing approximately 25% of Brava's share capital, for R$23.00 per share, totaling R$2,670,546,491.00. Following the financial settlement on August 17, …

Ecopetrol S.A. (EC) Stock Price, News, Quote & History

This article provides a comprehensive overview of Ecopetrol S.A. (EC), an integrated energy company, including its current stock price, recent performance, key financial metrics, and analyst insights. As of August 6, the stock closed at $17.40, showing a significant increase of 6.16%. The company …

Suncor Energy (NYSE: SU) maps 2027 CEO transition and CFO change

Suncor Energy (NYSE: SU) has announced a leadership succession plan, with current President and CEO Rich Kruger transitioning to Executive Vice Chair in April 2027. Peter Zebedee, currently Executive Vice President Upstream, will become President and CFO on September 14, 2026, before taking over …

ExxonMobil Corporation $XOM is Sanders Morris Harris LLC's 5th Largest Position

Sanders Morris Harris LLC reduced its stake in ExxonMobil by 13.1% in Q2, yet XOM remains its fifth-largest holding, comprising 6.3% of its portfolio. Despite a slight EPS miss, ExxonMobil reported strong revenue and higher year-over-year earnings, and institutional investors collectively own 61.8% of …

Suncor names insider Peter Zebedee next CEO, says CFO has left

Suncor Energy has appointed Peter Zebedee, currently executive vice president of its upstream business, as its next CEO, succeeding Rich Kruger in April 2027. Zebedee will initially serve as president and CFO starting September 14, overseeing non-operating functions. The company also announced that Chief …

ExxonMobil Corporation $XOM Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC reduced its stake in ExxonMobil Corporation ($XOM) by 12.8% in the first quarter, selling 230,336 shares but still holding 1.58 million shares valued at $267.2 million. Other institutional investors made minor adjustments to their holdings. Despite strong production and refining margins, …

TotalEnergies SE Sponsored ADR $TTE Shares Sold by Glenmede Trust Co. NA

Glenmede Trust Co. NA significantly reduced its stake in TotalEnergies SE Sponsored ADR (NYSE:TTE) by 56.3% in the first quarter of 2026, selling 18,245 shares and retaining 14,168 shares valued at $1.29 million. Despite this sale, institutional investors collectively own 16.53% of the company. …

ExxonMobil Corporation (NYSE:XOM) Receives Consensus Recommendation of "Hold" from Analysts

ExxonMobil Corporation (NYSE:XOM) has received a consensus "Hold" rating from analysts, with an average 12-month price target of $162.95, indicating modest upside from its current share price of $151.53. Despite exceeding revenue expectations and seeing sharp year-over-year earnings growth in Q2, the company narrowly …

Eni ranks first among integrated oil names after 6% week, with pressure still below zero

The ADR closed 3.1% below its 52-week high after a 2.9M-share week, but the Market Dynamics read has not yet confirmed the move.

Chevron Corp (Dinari Tokenized Stock) (CVX) Price Prediction 2026-2031

This article provides price predictions for Chevron Corp (Dinari Tokenized Stock) (CVX) from 2026 to 2045, based on Bybit AI's analysis of user-driven Consensus Ratings and historical patterns. It forecasts a positive trend for CVX, with predicted prices reaching approximately $227.38 by 2030, $290.21 …

The Zacks Analyst Blog Highlights ExxonMobil, Chevron and BP

The Zacks Analyst Blog discusses ExxonMobil, Chevron, and BP, focusing on ExxonMobil's Q2 2026 earnings. Despite an earnings miss due to Middle East conflicts, ExxonMobil's core businesses showed strength, with non-Middle East upstream production at a two-decade high and a solid outlook supported by …

[10-Q] CHEVRON CORP Quarterly Earnings Report

Suncor Energy announces executive leadership changes

Suncor Energy announced significant executive leadership changes, with current President and CEO Rich Kruger transitioning to Executive Vice Chair in April 2027. Peter Zebedee, currently Executive Vice President Upstream, will become President and CEO at that time, and will first assume the role of …

Chevron (CVX) holder files to sell 5,547 common shares under Rule 144

An investor in Chevron (CVX) has filed to sell 5,547 common shares under Rule 144, valued at approximately $1,037,265.70, through Morgan Stanley Smith Barney LLC. The sale is projected for August 5, 2026, and the shares were acquired through restricted stock vesting and open-market …

Ecopetrol Expects About 51% Brava Voting Share Capital at Aug. 17 Settlement

Ecopetrol's Brazilian subsidiary successfully completed an auction to acquire approximately 25% of Brava Energia S.A.'s common shares at R$23.00 per share. This transaction, combined with a separate share purchase agreement for about 26%, is expected to give Ecopetrol Brasil a controlling interest of approximately …

Krishnamoorthi Presses BP, Chevron, Exxon Mobil, and Shell to Reduce Carbon Emissions, Citing Evidence Linking Fossil Fuel Emissions to More Severe Wildfires

Congressman Raja Krishnamoorthi has urged major oil companies BP, Chevron, Exxon Mobil, and Shell to take immediate action to reduce carbon emissions. He cites growing scientific evidence linking fossil fuel emissions to increasingly severe wildfires, which have led to hazardous air quality in cities …

BP PLC ADR falls Wednesday, underperforms market

BP PLC ADR experienced a 2.90% decline to $41.21 on Wednesday, marking its third consecutive day of losses. This performance led to the ADR underperforming the broader market, as the Dow Jones Industrial Average rose while the NASDAQ Composite Index fell.

Suncor Energy Inc. (SU:CA) Analysts Forecast 17% Upside on Positive Fundamentals

Suncor Energy Inc. (SU:CA) is projected to have a 17% upside by analysts due to improving operational performance, strong cash generation, and disciplined capital allocation. Despite a "Neutral" technical signal, analysts maintain a "Buy" rating, citing the company's integrated business model and financial strength. …

Analysts say oil profit critics don't understand how market works

Oil companies, including Exxon Mobil and Chevron, reported significant profit increases in the second quarter due to rising oil prices driven by the conflict with Iran. Analysts argue that these profits are a result of basic market dynamics, specifically supply and demand influenced by …

Equinor, Vaalco and Tullow move Atlantic Basin offshore drilling programs forward

Equinor, Vaalco Energy, and Tullow Oil are actively progressing their offshore drilling initiatives across the Atlantic Basin. Equinor has resumed operations at the Rosebank development west of Shetland after a significant rig incident, while Vaalco is advancing its Etame drilling campaign offshore Gabon with …

Oil sands MOU hasn’t changed Suncor’s spending plans, CEO says

Suncor Energy Inc.'s CEO, Rich Kruger, stated that a recent non-binding agreement with Ottawa, Alberta, and five major oil sands producers has not immediately altered the company's capital spending or expansion plans. While the MOU sets the stage for increased crude production and a …

Suncor Energy Inc. stock falls Wednesday, underperforms market

Suncor Energy Inc. (SU) saw its stock fall by 2.94% to C$88.12 on Wednesday, underperforming the broader Canadian market. This decline occurred despite a favorable trading session for the S&P/TSX Composite Index, which rose by 0.96%. The company's stock closed 8.7% below its 52-week …