Sunday, June 22, 2025
ANALYSIS-Sizzling rally in US energy stocks has room to run, bulls say- oil and gas 360

ANALYSIS-Sizzling rally in US energy stocks has room to run, bulls say

Nasdaq NEW YORK – Contrarian investors were rewarded for betting on the beaten down U.S. energy sector earlier this year with a blazing rally. Some believe a tight oil market and resilient U.S. growth will keep energy stocks rising for the rest of 2023. The largest U.S. energy exchange traded fund, the Energy Select Sector SPDR Fund XLE.P, is up nearly 15% over the last three

W&T Offshore announces accretive acquisition of producing properties in the Gulf of Mexico

Oil and Gas 360 HOUSTON, Sept. 21, 2023 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that it has completed the acquisition of working interests in eight shallow water oil and gas producing assets (the “Assets”) in the central and eastern shelf region of the Gulf of Mexico (“GOM”) from an undisclosed private seller.

Gulfport Energy Expands Common Stock Repurchase Authorization by 63% to $650 Million- oil and gas 360

Gulfport Energy expands common stock repurchase authorization by 63% to $650 million

Oil and Gas 360 OKLAHOMA CITY–(BUSINESS WIRE)– Gulfport Energy Corporation (NYSE: GPOR) (“Gulfport” or the “Company”) announced today that its board of directors expanded its common stock repurchase authorization by 63 percent to $650 million. This increased authorization extends the program through December 31, 2024. Key Highlights Expanded common stock repurchase authorization by 63 percent to $650 million Repurchased approximately

Iraq discusses natural gas investments with U.S. firms- oil and gas 360

Iraq discusses natural gas investments with U.S. firms

Oil Price Iraq’s Prime Minister Mohammed Shiaa al-Sudani is meeting this week in New York with representatives of dozens of U.S. energy companies to pitch potential investments in the Iraqi natural gas sector. “My government is serious about investment in gas and to be an active and powerful player in the gas market,” the Iraqi official has told Bloomberg Television in an