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Equinor ASA

Equinor ASA

$EQNR
NYSEEnergy

155 stories mentioning Equinor ASAUpdated 21h ago

The Norwegian energy major traded among European ADRs amid sector swings as oil prices moved on US-Iran ceasefire developments.

Asia Markets

European Equities Traded in US as ADRs Ease in Wednesday Trading

European equities traded in the US as American depositary receipts eased late Wednesday morning with the S&P Europe Select ADR Index down 0.1% to 1,906.06.From continental Europe, the gainers were led by oil and gas company Eni (E) and energy company Equinor (EQNR), which climbed 6.9% and 6.2%, respectively. They were followed by software firm SAP (SAP) and travel-booking company trivago (TRVG), which increased 3% and 2.6%, respectively.The decliners from continental Europe were led by semiconductor company Sequans Communications (SQNS) and telecommunications company Nokia (NOK), which fell 4.8% and 3.6%, respectively. They were followed by lenders Banco Santander (SAN) and Banco Bilbao Vizcaya Argentaria (BBVA), which dropped 2.5% and 2.3%, respectively.The gainers from the UK were led by software firm Endava (DAVA) and oil and gas company BP (BP), which rose 4.2% and 3.7%, respectively. They were followed by oil and gas company Shell (SHEL) and biopharmaceutical company Amarin (AMRN), which climbed 2.5% and 2.4%, respectively.The decliners from the UK and Ireland were led by biopharmaceutical company Biodexa Pharmaceuticals (BDRX) and pharmaceutical company Silence Therapeutics (SLN), which shed 25% and 4.6%, respectively. They were followed by biopharmaceutical company Akari Therapeutics (AKTX) and lender Barclays (BCS), which lost 3.3% and 2.8%, respectively.

$AKTX$AMRN$BBVA$BCS$BDRX$BP$DAVA$E$EQNR$NOK$SAN$SAP$SHEL$SLN$SQNS$TRVG
Asia Markets

European Equities Traded in the US as American Depositary Receipts Start Week Marginally Higher in Monday Trading

European equities traded in the US as American depositary receipts started the week slightly higher late Monday morning, rising 0.15% to 1,910.62 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by software firm SAP (SAP) and lender Banco Santander (SAN), which rose 6% and 3.5% respectively. They were followed by biotech firm Evaxion (EVAX) and biopharmaceutical company Grifols (GRFS), which increased 3.3% and 3.2% respectively.The decliners from continental Europe were led by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which fell 3% and 2.6% respectively. They were followed by brewing company Anheuser-Busch InBev (BUD) and biopharmaceutical company argenx (ARGX), which were down 1.8% and 0.7% respectively.The gainers from the UK were led by biopharmaceutical company Akari Therapeutics (AKTX) and telecommunications operator Vodafone Group (VOD), which climbed 9.6% and 5.4% respectively. They were followed by biotech firm Autolus Therapeutics (AUTL) and pharmaceutical company Silence Therapeutics (SLN), which advanced 5.2% and 4.4% respectively.The decliners from the UK and Ireland were led by oil and gas companies BP (BP) and Shell (SHEL), which dropped 2% and 1% respectively. They were followed by tobacco company British American Tobacco (BTI) and utilities company National Grid (NGG), which lost 0.6% and 0.1% respectively.

$AKTX$ARGX$AUTL$BP$BTI$BUD$E$EQNR$EVAX$GRFS$NGG$SAN$SAP$SHEL$SLN$VOD
Commodities

Equinor Makes Oil Discovery in Barents Sea

Equinor (EQNR), along with its partners, has made a new oil discovery in the Skrugard North Tubaen, located in the Barents Sea, according to the Norwegian Offshore Directorate.The discovery is pegged at between 1.2 million and 1.7 million standard cubic meters of recoverable oil equivalent, or between 7.6 million and 10.5 million barrels of oil equivalent, according to preliminary estimates.The discovery was made about 6 kilometers (3.73 miles) north of the Johan Castberg field, around 240 kilometers northwest of Hammerfest, Norway. The license partners are assessing whether the discovery can be tied back to the Johan Castberg production hub to maximize its efficiencies through pre-existing infrastructure.The discovery marks the 17th exploration well drilled under production license 532, awarded during Norway's 20th licensing round in 2009.The license is operated by Equinor in partnership with Var Energie and and Petoro, while the well was drilled by the Transocean Enabler rig.

$EQNR
Sectors

Sector Update: Energy Stocks Gain Late Afternoon

Energy stocks rose late Thursday afternoon with the NYSE Energy Sector Index gaining 1.1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.7%.The Philadelphia Oil Service Sector Index shed 0.1%, and the Dow Jones US Utilities Index increased 0.5%.Brent crude futures topped $100 a barrel for the first time since May after the US-Iran conflict widened, with Yemen's Iran-aligned Houthis claiming attacks on two Saudi Arabian oil tankers in the Red Sea, news outlets reported.West Texas Intermediate crude oil jumped 5.8% to $91.90 a barrel, and global benchmark Brent surged 6.7% to $100.37. Henry Hub natural gas futures decreased 0.6% to $2.91 per 1 million BTU.In sector news, US natural gas stocks rose by 32 billion cubic feet in the week ended July 17, a smaller increase than the 34-billion cubic foot increase expected in a survey compiled by Bloomberg and following an increase of 41 billion cubic feet in the previous week.In corporate news, TotalEnergies (TTE) shares rose 1.6% after it reported stronger-than-expected Q2 adjusted earnings and revenue.Ares Management (ARES) received clearance from the European Commission to acquire joint control of Eni Plenitude alongside parent Eni (E), the EU's competition watchdog said Thursday. Eni shares added 1.8%.Matador Resources (MTDR) agreed to buy Paloma Permian, a portfolio company of EnCap Investments, for $1.28 billion. Matador shares fell 5.6%.Equinor (EQNR) is set to benefit from a boom in commodity prices as oil and gas market disruptions provide the sector with material tailwinds, RBC Capital Markets analysts said in a Thursday note. RBC upgraded the stock's rating to sector perform from underperform. Equinor shares climbed 3%.

$E$EQNR$MTDR$TTE
Wire

Equinor ASA Shares Rise After RBC Upgrade

Equinor (EQNR) shares were almost 4% higher in Thursday afternoon trading after RBC upgraded the stock to sector perform from underperform.Trading volume stood at more than 4 million shares, compared with a daily average of nearly 3.9 million.Price: $41.52, Change: $+1.56, Percent Change: +3.90%

$EQNR
Sectors

Sector Update: Energy Stocks Higher Thursday Afternoon

Energy stocks rose Thursday afternoon with the NYSE Energy Sector Index gaining 1.1% and the State Street Energy Select Sector SPDR ETF (XLE) adding 0.9%.The Philadelphia Oil Service Sector Index climbed 0.4%, and the Dow Jones US Utilities Index increased 0.2%.Brent crude futures topped $100 a barrel for the first time since May after the US-Iran conflict widened, with Yemen's Iran-aligned Houthis claiming attacks on two Saudi Arabian oil tankers in the Red Sea, news outlets reported.West Texas Intermediate crude oil jumped 6.6% to $92.52 a barrel, and global benchmark Brent surged 7.3% to $100.91. Henry Hub natural gas futures rose 0.3% to $2.93 per 1 million BTU.In sector news, US natural gas stocks rose by 32 billion cubic feet in the week ended July 17, a smaller increase than the 34-billion cubic foot increase expected in a survey compiled by Bloomberg and following an increase of 41 billion cubic feet in the previous week.In corporate news, Ares Management (ARES) received clearance from the European Commission to acquire joint control of Eni Plenitude alongside parent Eni (E), the EU's competition watchdog said Thursday. Eni shares rose 2.1%.Matador Resources (MTDR) agreed to buy Paloma Permian, a portfolio company of EnCap Investments, for $1.28 billion. Matador shares fell 4.6%.Equinor (EQNR) is set to benefit from a boom in commodity prices as oil and gas market disruptions provide the sector with material tailwinds, RBC Capital Markets analysts said in a Thursday note. RBC upgraded the stock's rating to sector perform from underperform. Equinor shares rose 3.7%.

$E$EQNR$MTDR
Wire

Equinor Set to Benefit From Boom in Commodity Prices, RBC Says

Equinor (EQNR) is set to benefit from a boom in commodity prices as oil and gas market disruptions provide the sector with material tailwinds, RBC Capital Markets analysts said in a Thursday note.Analysts said they support the company's move toward a slightly broader international strategy and expect the current windfall to provide greater optionality for future inorganic activity.RBC said oil product tightness will likely be the most significant bottleneck for the energy complex, considering ongoing disruptions in the Middle East and in Russia.Analysts added that since Equinor is sensitive to European gas prices, it is expected to benefit from short and long-term changes in gas prices.RBC upgraded the stock's rating to sector perform from underperform, and raised its price target to 420 Norwegian Kroner ($43.7) from 360 Norwegian Kroner.Price: $41.50, Change: $+1.54, Percent Change: +3.84%

$EQNR
Asia Markets

European Equities Traded in the US as American Depositary Receipts Fall in Thursday Trading

European equities traded in the US as American depositary receipts were tracking lower late Thursday morning, falling 0.9% to 1,901.24 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by biopharmaceutical company argenx (ARGX) and medical device maker EDAP TMS (FOCL), which rose 5.3% and 4.4% respectively. They were followed by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which were up 3.7% and 2.1% respectively.The decliners from continental Europe were led by biopharmaceutical company Grifols (GRFS) and lender Banco Santander (SAN), which dropped 4.2% and 3.6% respectively. They were followed by brewing company Anheuser-Busch InBev (BUD) and accommodations booking site trivago (TRVG), which lost 3.1% and 2.9% respectively.The gainers from the UK were led by biopharmaceutical company Mereo BioPharma Group (MREO) and oil and gas company BP (BP), which advanced 2.8% and 2.3% respectively. They were followed by oil and gas company Shell (SHEL), which increased 1.6%.The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and tobacco company British American Tobacco (BTI), which fell 5.4% and 3.3% respectively. They were followed by alcoholic beverage company Diageo (DEO) and educational publisher Pearson (PSO), which were down 2.4% and 0.4% respectively.

$ARGX$BP$BTI$BUD$DEO$E$EQNR$FOCL$GRFS$MREO$PSO$SAN$SHEL$TRIB$TRVG
Research

RBC Upgrades Equinor to Sector Perform From Underperform, Raises Price Target to NOK420 From NOK360

Equinor's (EQNR) Norwegian stock has an average rating of hold and mean price target of NOK361.32, according to analysts polled by FactSet.(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)

$EQNR
Sectors

Sector Update: Energy Stocks Gain Late Afternoon

Energy stocks advanced late Wednesday afternoon with the NYSE Energy Sector Index rising 1.5% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.3%.The Philadelphia Oil Service Sector Index climbed 1%, and the Dow Jones US Utilities Index gained 1.8%.Crude oil prices rose amid escalating tensions between the US and Iran. The US will destroy an Iranian bridge or power plant, including facilities in and around Tehran, every time Iran attacks ships in the Strait of Hormuz, President Donald Trump said in a social media post.West Texas Intermediate crude oil climbed 3.3% to $87.13 a barrel, and global benchmark Brent advanced 3.7% to $94.38 a barrel. Henry Hub natural gas futures rose 2.9% to $2.95 per 1 million BTU.In sector news, US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 3.0 million barrels in the week ended July 17 following a decrease of 4.7 million barrels in the previous week. Excluding inventories in the SPR, commercial crude oil stocks rose by 2.0 million barrels after a 1.7-million-barrel drop in the previous week, compared with the 2.0-million-barrel decrease expected in a survey compiled by Bloomberg.Separately, NextEra Energy (NEE), Duke Energy (DUK), Equinix (EQIX) and Digital Realty Trust (DLR) are among nearly 200 companies backing US President Donald Trump's pledge to limit consumers' exposure to rising electricity bills driven by AI, The Wall Street Journal reported, citing a White House list of signatories.In corporate news, EQT (EQT) shares jumped 7.9% a day after the company reported Q2 revenue above market expectations.Equinor (EQNR) shares climbed 6.2% after the company posted higher Q2 adjusted earnings and revenue.Eni (E) shares added 1.6% after it said Wednesday it generated first industrial electricity from the 120-megawatt gas power plant at the 247-MW Mangystau Hybrid Power Plant in Kazakhstan.GE Vernova (GEV) is preparing contracts to help strengthen Venezuela's power grid and would be close to signing them had the country not suffered a recent earthquake, Bloomberg reported Wednesday, citing an interview with Chief Executive Officer Scott Strazik. GE Vernova shares were down 8.1%.

$E$EQNR$EQT$GEV
Sectors

Sector Update: Energy Stocks Gain Wednesday Afternoon

Energy stocks advanced Wednesday afternoon with the NYSE Energy Sector Index rising 1.4% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.2%.The Philadelphia Oil Service Sector Index climbed 1.3%, and the Dow Jones US Utilities Index gained 1.9%.Crude oil prices rose amid escalating tensions between the US and Iran. The US will destroy an Iranian bridge or power plant, including facilities in and around Tehran, every time the country attacks ships in the Strait of Hormuz, President Donald Trump said in a social media post.West Texas Intermediate crude oil climbed 2.2% to $86.20 a barrel, and global benchmark Brent advanced 2.5% to $93.32 a barrel. Henry Hub natural gas futures rose 2% to $2.92 per 1 million BTU.In sector news, US crude oil stocks, including those in the Strategic Petroleum Reserve, fell by 3.0 million barrels in the week ended July 17 following a decrease of 4.7 million barrels in the previous week. Excluding inventories in the SPR, commercial crude oil stocks rose by 2.0 million barrels after a 1.7-million-barrel drop in the previous week, compared with the 2.0-million-barrel decrease expected in a survey compiled by Bloomberg.In corporate news, Equinor (EQNR) shares gained 5.8% after the company posted higher Q2 adjusted earnings and revenue.Eni (E) shares added 1.7% after it said Wednesday it generated first industrial electricity from the 120-megawatt gas power plant at the 247-MW Mangystau Hybrid Power Plant in Kazakhstan.GE Vernova (GEV) is preparing contracts to help strengthen Venezuela's power grid and would be close to signing them had the country not suffered a recent earthquake, Bloomberg reported Wednesday, citing an interview with Chief Executive Officer Scott Strazik. GE Vernova shares were down 8.1%.

$E$EQNR$GEV
Sectors

Sector Update: Energy

Energy stocks advanced Wednesday afternoon with the NYSE Energy Sector Index rising 1.4% and the State Street Energy Select Sector SPDR ETF (XLE) adding 1.2%.The Philadelphia Oil Service Sector Index climbed 1.3%, and the Dow Jones US Utilities Index gained 1.9%.Crude oil prices rose amid escalating tensions between the US and Iran. The US will destroy an Iranian bridge or power plant, including facilities in and around Tehran, every time the country attacks ships in the Strait of Hormuz, President Donald Trump said in a social media post. Four more tankers changed course in the Red Sea after Yemen's Iran-aligned Houthis threatened vessels using Saudi Arabian ports, Reuters reported.West Texas Intermediate crude oil climbed 2.2% to $86.20 a barrel, and global benchmark Brent advanced 2.5% to $93.32 a barrel. Henry Hub natural gas futures rose 2% to $2.92 per 1 million BTU.In corporate news, Equinor (EQNR) shares gained 4.9% after the company posted higher Q2 adjusted earnings and revenue.

$EQNR
Asia Markets

European Equities Traded in the US as American Depositary Receipts Rise in Wednesday Trading

European equities traded in the US as American depositary receipts were tracking higher late Wednesday morning, rising 0.69% to 1,924.81 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by biopharmaceutical company Cellectis (CLLS) and petroleum refiner Equinor (EQNR), which climbed 6.8% and 4.9%, respectively. They were followed by semiconductor company Sequans Communications (SQNS) and brewing company Anheuser-Busch InBev (BUD), which advanced 4% and 2.8%, respectively.The decliners from continental Europe were led by internet browser company Opera (OPRA) and biopharmaceutical company DBV Technologies (DBVT), which dropped 3.3% and 2.9%, respectively. They were followed by telecommunications company Nokia (NOK) and software firm SAP (SAP), which lost 2.6% and 2%, respectively.The gainers from the UK were led by biopharmaceutical firm Akari Therapeutics (AKTX) and insurance firm Prudential (PUK), which rose 6.6% and 3.4%, respectively. They were followed by lender HSBC (HSBC) and telecommunications company operator Vodafone Group (VOD), which were up 2.2% each.The decliners from the UK and Ireland were led by biotech firm Trinity Biotech (TRIB) and biopharmaceutical company Biodexa Pharmaceuticals (BDRX), which shed 21% and 2.8% respectively. They were followed by pharmaceutical company Silence Therapeutics (SLN) and educational publisher Pearson (PSO), which fell 1.2% and 0.8% respectively.

$AKTX$BDRX$BUD$CLLS$DBVT$EQNR$HSBC$NOK$OPRA$PSO$PUK$SAP$SLN$SQNS$TRIB$VOD
Sectors

Sector Update: Energy Stocks Rise Premarket Wednesday

Energy stocks were rising premarket Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 1%.The United States Oil Fund (USO) was up 2.3% and the United States Natural Gas Fund (UNG) was 0.6% higher.Front-month US West Texas Intermediate crude oil was 3.4% higher at $87.22 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 3.7% to $94.33 per barrel, and natural gas futures were up 1.4% at $2.91 per 1 million British Thermal Units.Equinor (EQNR) stock was up more than 5% after the company posted higher Q2 adjusted earnings and revenue.Eni (E) shares were up more than 1% after the company said it generated first industrial electricity from the 120-megawatt gas power plant at the 247-MW Mangystau Hybrid Power Plant in Kazakhstan.Magnolia Oil & Gas (MGY) and its subsidiaries and affiliates plan to offer a total of $500 million in senior unsecured debt notes due 2034 in a private placement, the company said. Magnolia Oil & Gas stock was 0.3% lower premarket.

$E$EQNR$MGY$UNG$USO$XLE
Sectors

Sector Update: Energy

Energy stocks were rising premarket Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 1.2%.The United States Oil Fund (USO) was up 2.9% and the United States Natural Gas Fund (UNG) was 0.8% higher.Front-month US West Texas Intermediate crude oil was 3.2% higher at $87.06 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 3.5% to $94.22 per barrel, and natural gas futures were up 1.6% at $2.91 per 1 million British Thermal Units.Equinor (EQNR) stock was up more than 4% after the company posted higher Q2 adjusted earnings and revenue.

$EQNR
Equities

Equinor Q2 Adjusted Earnings, Revenue Rise

Equinor (EQNR) reported Q2 adjusted earnings Wednesday of $1.33 per diluted share, up from $0.64 a year earlier.Analysts polled by FactSet expected $1.38.Revenue for the quarter that ended June 30 was $35.18 billion, up from $25.15 billion a year earlier.Analysts surveyed by FactSet expected $34.03 billion.The board has decided on a cash dividend of $0.39 per share for Q2.The board has decided to initiate a third tranche of the share buy-back program of up to $1.13 billion for 2026. The tranche will commence on July 23 and end no later than Oct. 26.Shares of the company traded 3.8% higher in premarket activity.

$EQNR
Commodities

Equinor Q2 Output Grows YOY; Power Generation Rises

Norwegian energy company Equinor (EQNR) Wednesday reported a 3% year-over-year rise in Q2 hydrocarbon production to about 2.2 million barrels of oil equivalent per day, driven by commissioning of new fields and wells.Production from new fields, including Eirin and Symra, resulted in a 4% rise in Norwegian Continental Shelf output. Combined with operations at Johan Sverdrup and new wells, these factors more than offset production declines from planned turnaround activities and the natural decline of fields, the company said.In the international oil and gas segment, a 4% year-over-year increase in production resulted from additional output from the Adura joint venture in the UK, the Bacalhau field in Brazil, and reduced turnaround activity.In the US, production remained steady year over year, the company said."Strong production in Q2 enabled us to capture value from higher prices, contributing to strong cash flow and financial results," said Anders Opedal, company president and chief executive.Equinor also posted a 6% increase in total power generation to 1.19 terawatt-hours in Q2, data showed. This compares with 1.12 TWh recorded in the year-ago period.Of the total generation, renewable energy contributed 910 gigawatt-hours. This represents an 11% growth from a year earlier.During the quarter, the company said it made a final investment decision for the Greater PAJ offshore oil project in Angola and conducted exploration activities on 10 wells, seven of which were completed.

$EQNR
Asia Markets

European Equities Traded in the US as American Depositary Receipts Decline Friday

European equities traded in the US as American depositary receipts were lower on Friday morning, shedding 0.6% to 1,899.52 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by energy companies Equinor (EQNR) and Eni (E), which climbed 4.1% and 3.1% respectively.They were followed by biotech companies Genenta Science (GNTA) and DBV Technologies (DBVT), which added 3% and 2.2%.The decliners from continental Europe were led by tech company Nokia (NOK), which dropped 3%, and semiconductor companies STMicroelectronics (STM) and ASML (ASML), which fell 2.6% each.They were followed by software company SAP (SAP), which shed 1.8%.From the UK and Ireland, the gainers were led by pharmaceutical company Compass Pathways (CMPS), which climbed 4.8%, and energy companies Shell (SHEL) and BP (BP), which added 2.3% and 1.4% respectively.The decliners from the UK and Ireland were led by budget airline Ryanair (RYAAY) and pharmaceutical company GSK (GSK), which lost 3.6% and 2.8% respectively. They were followed by bank Barclays (BCS), which shed 2.1%.

$ASML$BCS$BP$CMPS$DBVT$E$EQNR$GNTA$GSK$NOK$RYAAY$SAP$SHEL$STM
Asia Markets

European Equities Traded in the US as American Depositary Receipts Decline Sharply in Wednesday Trading

European equities traded in the US as American depositary receipts were tracking lower late Wednesday morning, falling 1.11% to 1,892.74 on the S&P Europe Select ADR Index.From continental Europe, the gainers were led by petroleum refiner Equinor (EQNR) and oil and gas company Eni (E), which rose 2.4% each. They were followed by accommodations booking site trivago (TRVG) and pharmaceutical company Ascendis Pharma (ASND), which gained 1.7% and 0.7%, respectively.The decliners from continental Europe were led by lender Banco Santander (SAN) and software company SAP (SAP), which fell 5.1% and 3.7%, respectively. They were followed by internet advertising company Criteo (CRTO) and biopharmaceutical company Cellectis (CLLS), which declined 3.5% and 1.1%, respectively.The gainers from the UK were led by oil and gas company BP (BP) and biotech company Autolus Therapeutics (AUTL), which advanced 1.7% and 1.6%, respectively. They were followed by telecommunications company Vodafone Group (VOD) and educational publisher Pearson (PSO), which each gained 0.5%.The decliners from the UK and Ireland were led by biotech company Trinity Biotech (TRIB) and pharmaceutical company Silence Therapeutics (SLN), which dropped 5.9% and 5.6%, respectively. They were followed by communications company WPP (WPP) and biopharmaceutical company Akari Therapeutics (AKTX), which fell 4.7% and 3.8%, respectively.

$AKTX$ASND$AUTL$BP$CLLS$CRTO$E$EQNR$PSO$SAN$SAP$SLN$TRIB$TRVG$VOD$WPP
Sectors

Sector Update: Energy Stocks Higher Late Afternoon

Energy stocks were higher late Tuesday afternoon, with the NYSE Energy Sector Index rising 2.6% and the State Street Energy Select Sector SPDR ETF (XLE) adding 2.9%.The Philadelphia Oil Service Sector Index was climbing up 2.6%, and the Dow Jones US Utilities Index rose 1.4%.In geopolitical news, Iran's Revolutionary Guard Corps fired missiles at vessels in the Strait of Hormuz, striking a liquefied natural gas carrier, according to media reports. "Oil prices and especially LNG rose after a Qatari LNG ship was struck by a projectile near the Omani coast as it exited the Strait of Hormuz, raising unease among shipowners while once again testing a US-Iran agreement intended to halt attacks and keep the narrow strait open," Saxo Bank said in a note.Front-month West Texas Intermediate crude oil jumped 5% to $72.00 a barrel, and the global benchmark Brent crude contract climbed 5.1% to $75.69 a barrel. Henry Hub natural gas futures added 0.5% to $3.26 per 1 million BTU.In corporate news, Shell (SHEL) expects Q2 oil-and-gas production volumes will decline due to Persian Gulf hostilities, but profit margins will swell, the energy giant reported Tuesday. Separately, Shell has agreed to sell its Shell Downstream South Africa retail and wholesale fuel business to Abu Dhabi's ADNOC Distribution at an implied enterprise value of $1 billion, ADNOC said Tuesday. Shell shares gained 4.7%.TotalEnergies (TTE) will discuss moving toward an offshore exploration contract with Syria, but Chief Executive Patrick Pouyanne said security concerns prevent a return to onshore oil operations for now, Reuters reported. Shares were up 3.1%.Peabody Energy (BTU) was selected by the US Department of Energy for funding to advance rare earth and critical mineral recovery from its Wyoming Powder River Basin resources, the company said Tuesday. Peabody shares were 0.4% higher.Equinor's (EQNR) chief crude trader David Barratt resigned from the company this week, Bloomberg reported. Barratt led the company's global crude-trading book from London, according to the report. Equinor shares rose 6.3%.

$BTU$EQNR$SHEL$TTE

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