Tuesday, May 6, 2025

Saudi Aramco Valuation Gap Persists as IPO Talks Resume – Sources

From Reuters Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking sources said. With Aramco talking again to banks about an initial public offering (IPO), its board is meeting later this

Blackbird Energy Resource Evaluation Increases by 149%

Blackbird Energy (TSX-V: BBI) has announced the results of an independent resource evaluation of its Pipestone/Elmworth Montney lands by McDaniel & Associates Consultants Ltd. McDaniel & Associates conducted the resource evaluation for this same area of lands for Blackbird Energy one year ago. The 2018 reports show a 149% increase of Best Estimate Development Pending Contingent Resources to 112.2 MMBOE

The North Sea Will Have Legs in 2018: Halliburton CEO Miller

Halliburton Company (ticker: HAL) announced a loss from continuing operations of $805 million, or ($0.92) per diluted share, for the fourth quarter of 2017. Adjusted income from continuing operations for the fourth quarter of 2017, excluding charges related to United States tax reform and Venezuela receivables, was $462 million, or $0.53 per diluted share. This compares to income from continuing