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BofA just turned on Exxon in favor of Chevron
TheStreet14d agoneutral
BofA just turned on Exxon in favor of Chevron

Wall Street analysts get paid to be right eventually, not immediately. That gap is where the damage usually happens to everyone else, because a rating that flips inside a single quarter tells you the conviction behind it was thinner than the original headline suggested. For most of 2026, owning an ...

Ranger Energy Services Q2 Earnings Call Highlights
MarketBeat15d agoneutral
Ranger Energy Services Q2 Earnings Call Highlights

Ranger Energy Services (NYSE:RNGR) reported higher second-quarter revenue and adjusted EBITDA as activity strengthened across its production-focused service lines and the company continued integrating American Well Services, or AWS. Revenue for the quarter ended June 30 totaled $176.5 million, up 1

Oil executives rush to complete contract migration in Venezuela, sources say
Reuters20d agoneutral
Oil executives rush to complete contract migration in Venezuela, sources say

CARACAS, July 23 (Reuters) - Venezuela's oil ministry has told partners of state energy company PDVSA that it will maintain the July 28 deadline it had set to ‌migrate oil and gas contracts to a new legal framework approved in January, rushing executives to ‌complete the negotiation of terms, four sources close to the talks said. Venezuela's National Assembly in late January approved a sweeping reform of the ​hydrocarbons law, the backbone of the country's energy industry, offering autonomy for

Bloomberg25d agoneutral
Thousands Of Trucks Haul Iraq’s Oil Through Syria In Sign Of Hormuz Legacy

(Bloomberg) -- Iraq is using a vast fleet of trucks to carry fuel oil through Syria and reroute flows away from the Strait of Hormuz, rapidly transforming its neighbor into the Middle East’s top export hub.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseChip Stocks Slide Into Bear Market in AI Unwind: Markets WrapSpaceX Slump Wipes Out $1 Trillion in Market Value From PeakGoogle Gemini Launch Delayed as

💬 Money Quote: Chevron’s Expectations for Iraq
The Wall Street Journal26d agoneutral
💬 Money Quote: Chevron’s Expectations for Iraq

📣 “The way that we see the long-term in Iraq is you are going to see that the Henry Hub and the Cushing of the U.S., for the Middle East will be in Iraq.” —Jake Spiering, Chevron’s incoming president for business development, on the oil major’s bet that Iraq will develop as the most important regional hub for physical oil-and-gas trading.

Bloomberg26d agoneutral
ConocoPhillips Joins US Firms Vowing $60 Billion for Iraqi Deals

(Bloomberg) -- ConocoPhillips joined dozens of US firms from the energy, healthcare, finance and tech sectors in signing some $60 billion in deals to lift the Iraqi economy.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsChina’s Moonshot Unveils AI Model, Fueling Tech RoutThailand Scraps Plan to End Visa-Free Entry for Indian TouristsT

Chevron makes critical move to sidestep Iran oil risk
TheStreet26d agoneutral
Chevron makes critical move to sidestep Iran oil risk

I have been following the Strait of Hormuz crisis since February 28, when the conflict first began rerouting the global oil trade in ways most investors underestimated. It's been 139 days. I covered Chevron CEO Mike Wirth's warning in May, when he said oil price pressure was building and buffers ...