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Energy stocks have outperformed the broader market to start the year, kicking off 2025 with gains as oil and natural gas prices have edged higher.
The analyst downgraded the rating for Imperial Oil Limited (AMEX:IMO) to Underweight from Neutral, citing its low free cash flow yield and free cash flow to enterprise value ratios for 2025-2026.
It used some of that money to fund $12.1 billion in capital expenditures and investments to maintain and grow its low-cost oil and gas resources, which included investing $400 million in bolt-on ...
Bloomberg Industry Group, Inc. (formerly known as Bloomberg BNA, The Bureau of National Affairs, Inc., and BNA) is an affiliate of Bloomberg L.P. and a source of legal, tax, regulatory, and business news and information for professionals.
Banagas (formally the Bahrain National Gas Company) is a Bahraini gas company, headquartered in Bahrain's Southern Governorate. Banagas operates LPG plant facilities which recover propane, butane and naphtha from the Bahrain Oil Field's associated gas and refinery off-gas. Some 94% of the total workforce are Bahrain nationals.
Oil and gas stocks have been strong performers in 2022, driven by tight global supply and the war in Ukraine. Analysts hike price targets, as North American oil and gas stock rally expected to run ...
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by the company, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year ...
Many oil and gas stocks have pulled back now that the price of West Texas Intermediate crude oil (the U.S. benchmark) is hovering around $74 per barrel. Oil prices have been under pressure due to ...