Capital Markets – Oil & Gas 360

Mach Natural Resources grows production, boosts efficiency with Permian and San Juan assets

November 7, 2025

(World Oil)– Mach Natural Resources LP reported steady third-quarter 2025 results, highlighting production growth, new well success, and disciplined capital spending. The company averaged 94,000 boed, generated $273 million in total revenue, and reported Adjusted EBITDA of $124 million for the quarter. The quarter included the closing of two acquisitions in the Permian basin and San Juan basin on Sept.

Petrobras hikes dividend as production surge offsets lower oil prices

November 7, 2025

(Oil Price)– Petrobras will be paying higher dividends for the third quarter compared to the second quarter as production and earnings jumped sequentially, the Brazilian state-owned oil giant said. Petrobras booked a net income of $6 billion for the third quarter, up by 2.7% on the year and a 27.3% jump on the quarter, despite the decline in oil prices. Higher production

HSBC slashes oil and gas financing

November 6, 2025

(Oil Price)– Financing and deals with oil and gas companies will have a materially lower share in the energy portfolio of HSBC as new energy opportunities arise, the banking giant’s chief sustainability officer, Julian Wentzel, told Bloomberg in an interview on Thursday. The UK-based banking group unveiled today its updated Net Zero Transition Plan, in which it eased the interim emissions targets

Oil prices rebound after recent losses; oversupply, demand concerns persist

November 6, 2025

(Investing)– Oil prices rose Thursday, rebounding after logging sharp losses in recent sessions as expectations of a supply glut and softening demand presented a weak outlook for crude. At 04:45 ET (09:45 GMT), Brent oil futures for January rose 0.7% to $63.98 a barrel and West Texas Intermediate crude futures gained 0.9% to $60.15 a barrel. Both contracts slid some 1% each on Wednesday,

Ovintiv to acquire NuVista Energy in $2.7 billion deal, advancing Montney growth strategy

November 5, 2025

(World Oil) – Ovintiv Inc. announced a definitive agreement to acquire Calgary-based NuVista Energy Ltd. in a cash-and-stock transaction valued at approximately $2.7 billion (C$3.8 billion), marking a major expansion of its oil-weighted position in Canada’s Montney formation. The deal, unanimously approved by both companies’ boards, is expected to close by the end of the first quarter of 2026. Under the

IOG Resources II acquires non-operated gas assets in Pennsylvania’s Appalachian basin

November 5, 2025

(World Oil) – IOG Resources II, LLC (IOGR II) has announced the acquisition of producing non-operated natural gas assets in the Appalachian Basin from an undisclosed seller. The assets, operated by Seneca Resources, an affiliate of National Fuel Gas Co., are located primarily across Clearfield, Elk and McKean counties, Pennsylvania, and currently produce approximately 19 MMcf/d. The transaction marks the seventh

Parex Resources Announces Third Quarter Results, Strong October 2025 Production, and Declaration of Q4 2025 Dividend

November 4, 2025

(BOE Report)– Parex Resources Inc. (“Parex” or the “Company”) (TSX: PXT) is pleased to announce its financial and operating results for the three-month period ended September 30, 2025, the declaration of its Q4 2025 regular dividend of C$0.385 per share, as well as an operational update. All amounts herein are in United States Dollars (“USD”) unless otherwise stated. “As we advance

Gran Tierra Energy Inc. Announces Normal Course Issuer Bid and Automatic Share Purchase Plan

November 4, 2025

(BOE Report)– Gran Tierra Energy Inc. (“Gran Tierra”) (NYSE American: GTE)(TSX: GTE)(LSE: GTE), today announces that the Toronto Stock Exchange (“TSX”) has approved its notice of intention to make a normal course issuer bid (the “Bid”) for its shares of common stock (the “Shares”). As of October 31, 2025, there were 35,295,753 Shares issued and outstanding and the public float

Oil slips on oversupply concerns and stronger dollar

November 4, 2025

(Investing)– Oil prices fell more than 1% on Tuesday as the OPEC+ decision to pause output hikes in the first quarter of next year, along with weak manufacturing data and a stronger dollar, weighed on the market. Brent crude futures fell 81 cents, or 1.25%, to $64.08 a barrel by 1310 GMT. U.S. West Texas Intermediate crude was down 84 cents,

bp reports $7.8 billion cash flow, strong upstream performance and six project startups in Q3 2025

November 4, 2025

(World Oil)– bp plc reported operating cash flow of $7.8 billion and underlying replacement cost profit of $2.2 billion for the third quarter of 2025, reflecting stronger upstream performance and improved refining margins across its global portfolio. Chief Executive Officer Murray Auchincloss said bp delivered “another quarter of good performance across the business,” highlighting continued operational strength, cost reductions, and accelerated

SM ENERGY AND CIVITAS RESOURCES TO COMBINE IN $12.8 BILLION TRANSFORMATIONAL COMBINATION DELIVERING SUPERIOR STOCKHOLDER VALUE

November 3, 2025

(Oil & Gas 360) Value-Enhancing Scale Premier portfolio across the highest-return U.S. shale basins drives significant free cash flow and enhanced stockholder value Pro forma second quarter of 2025 production totaled 526 MBoe/d Pro forma full-year 2025 consensus free cash flow of more than $1.4 billion Step-change in free cash flow supports sustained return of capital Value-Driven Synergies Proven management

UAE minister calls for $4 trillion annual energy investment to power AI

November 3, 2025

(Oil Price) – The advance in AI and the surge in data center build-out have pushed global energy investment needs to $4 trillion annually, Sultan Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC chief executive, said on Monday. Large oil producers have been warning for years that investment in supply needs to rise to meet constantly growing global energy demand.

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