Bernstein on Thursday decreased the price target for petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic, to 60.61 Saudi riyals from 67.80 riyals and reiterated its market perform rating.
(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)
Vermilion Energy (VET) said late Wednesday it received approval from the Toronto Stock Exchange to renew its share buyback program of up to 15.2 million common shares, starting July 12.The company expects to return 40% of excess free cash flow to shareholders in 2026, according to a statement.
Devon Energy (DVN) has an average rating of buy and mean price target of $60.92, according to analysts polled by FactSet.