FINWIRES — Financial News

TD Cowen Adjusts Price Target on Chevron to $204 From $214, Maintains Hold Rating

Chevron (CVX) has an average rating of overweight and mean price target of $210.08, 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)

$CVX

Equities116d ago

Bernstein Adjusts Price Target on ConocoPhillips to $121 From $98, Maintains Outperform Rating

ConocoPhillips (COP) has an average rating of overweight and mean price target of $138.07, 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)

$COP

Equities116d ago

Jefferies Adjusts Price Target on ConocoPhillips to $160 From $129, Maintains Buy Rating

ConocoPhillips (COP) has an average rating of overweight and mean price target of $138.07, 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)

$COP

Equities116d ago

Bernstein Adjusts PT on EOG Resources to $167 From $126, Maintains Market Perform Rating

EOG Resources (EOG) has an average rating of overweight and mean price target of $153.97, 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)

$EOG

Equities116d ago

Jefferies Adjusts Price Target on EOG Resources to $170 From $146, Maintains Buy Rating

EOG Resources (EOG) has an average rating of overweight and mean price target of $153.97, 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)

$EOG

Equities116d ago

Bernstein Adjusts Price Target on APA to $37 From $25, Maintains Market Perform Rating

APA (APA) has an average rating of hold and mean price target of $39.90, 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)

$APA

Equities116d ago

Jefferies Adjusts Price Target on APA to $36 From $26, Maintains Hold Rating

APA (APA) has an average rating of hold and mean price target of $39.90, 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)

$APA

Equities116d ago

Bernstein Adjusts Price Target on Diamondback Energy to $237 From $190, Maintains Outperform Rating

Diamondback Energy (FANG) has an average rating of overweight and mean price target of $217.03, 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)

$FANG

Equities116d ago

Jefferies Adjusts Price Target on Diamondback Energy to $200 From $177, Maintains Hold Rating

Diamondback Energy (FANG) has an average rating of overweight and mean price target of $217.03, 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)

$FANG

Equities116d ago

Bernstein Adjusts Price Target on Devon Energy to $59 From $42, Maintains Outperform Rating

Devon Energy (DVN) has an average rating of overweight and mean price target of $58.31, 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)

$DVN

Equities116d ago

Jefferies Adjusts Price Target on Devon Energy to $53 From $44, Maintains Hold Rating

Devon Energy (DVN) has an average rating of overweight and mean price target of $58.31, 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)

$DVN

Equities116d ago

Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Monday; W&T to Advance, Trump Media to Fall

The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Monday's opening bell.W&T Offshore (WTI) rose by 7.4% pre-bell, swinging from a 0.4% fall at Friday's close.Palantir Technologies (PLTR) was up 2.2% premarket, reversing a 1.9% decline from Friday's session.Sandisk (SNDK) advanced by 1.7% in pre-bell activity, following a slight drop from the previous session.Antero Midstream (AM) was 0.2% higher hours before market open, swinging from a 0.8% decrease Friday.Trump Media & Technology Group (DJT) fell by 1.5% premarket, after closing Friday with a 1.4% gain.EnCore Energy (EU) was 0.6% lower in premarket hours, following a 2.7% fall in the previous session.DTE Energy (DTE) fell by 0.5% in pre-bell activity, after closing Friday with a 0.9% decline.Microsoft (MSFT) was down 0.4% pre-bell, after a 0.6% fall in the previous session.

$AM$DJT$DTE$EU$MSFT$PLTR$SNDK$WTI

Equities116d ago

Bernstein Adjusts Price Target on Chevron to $216 From $194, Maintains Market Perform Rating

Chevron (CVX) has an average rating of overweight and mean price target of $210.08, 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)

$CVX

Equities116d ago

Jefferies Adjusts Price Target on Chevron to $236 From $227, Maintains Buy Rating

Chevron (CVX) has an average rating of overweight and mean price target of $210.08, 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)

$CVX

Equities116d ago

Bernstein Adjusts Price Target on Exxon Mobil to $195 From $159, Maintains Outperform Rating

Exxon Mobil (XOM) has an average rating of overweight and mean price target of $163.12, 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)

$XOM

Equities116d ago

Update: Market Chatter: EQT, KKR Show Interest in PolyPeptide Takeover

(Updates with responses from KKR and Advent in the third paragraph)EQT and KKR (KKR) are among private equity firms showing takeover interest in PolyPeptide Group, Bloomberg reported Friday, citing people with knowledge of the matter.Advent has also been reviewing a possible acquisition of the Swiss contract drugmaker, the report said.KKR and Advent declined to comment, while EQT didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$KKR

Equities116d ago

BP's Namibia Unit to Acquire 60% Stake in Eco Atlantic Namibian Licenses

BP's (BP) Namibia unit agreed to acquire a 60% participating interest and operatorship across three offshore exploration licenses from the business, Eco Atlantic said Monday.The arrangement provides a $2.7 million initial cash payment upon closing and requires BP to fully fund the remaining 25% stake held by Eco Atlantic during the current exploration period, the company said.The BP unit will also cover the proportional exploration costs for the state-owned oil firm and local partners during this initial development phase, Eco Atlantic said.The proposed work program involves finalizing seismic data reprocessing for one license and executing a new three-dimensional seismic survey across the other two blocks, the company added.The company also said if the joint venture enters the second renewal period in 2028, Eco Atlantic can transfer an additional 10% interest in exchange for up to $63 million in carried drilling costs.

$BP

Equities116d ago

Update: Market Chatter: Saudi Arabia Said to Halve Crude Sales to China in May Amid Middle East War

(Updates to add Aramco's statement)Saudi Arabia will ship 20 million barrels of crude oil to Chinese customers in May, down from 40 million barrels allocated for loading in April, traders familiar with the matter told Bloomberg News.The drop in sales comes after Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, raised official selling prices of its crude amid supply disruptions from the Iran war, according to the report published Monday.Aramco declined to comment when reached by.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

SASE:2222

Equities116d ago

Market Chatter: Saudi Arabia Said to Halve Crude Sales to China in May Amid Middle East War

Saudi Arabia will ship 20 million barrels of crude oil to Chinese customers in May, down from 40 million barrels allocated for loading in April, traders familiar with the matter told Bloomberg News.The drop in sales comes after Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, raised official selling prices of its crude amid supply disruptions from the Iran war, according to the report published Monday.Aramco did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

SASE:2222

Equities116d ago

Solstad Offshore, Petrobras Sign Two-year Extension for Normand Fortress Vessel

Solstad Offshore (SOFF.OL, SOMA.OL) said Monday it extended its existing contract with Petrobras for the CSV Normand Fortress vessel by an additional two years.The extension, valued at $56 million, will commence in early July. It covers accommodation services to support production activities on the Brazilian continental shelf.The vessel is owned by the Norwegian shipping company's subsidiary Solstad Maritime, and will continue to operate under a bareboat arrangement, with Solstad Offshore acting as the contract holder with Petrobras.

$SOFF.OL$SOMA.OL

Financial News · Live Terminal

TD Cowen Adjusts Price Target on Chevron to $204 From $214, Maintains Hold Rating

Bernstein Adjusts Price Target on ConocoPhillips to $121 From $98, Maintains Outperform Rating

Jefferies Adjusts Price Target on ConocoPhillips to $160 From $129, Maintains Buy Rating

Bernstein Adjusts PT on EOG Resources to $167 From $126, Maintains Market Perform Rating

Jefferies Adjusts Price Target on EOG Resources to $170 From $146, Maintains Buy Rating

Bernstein Adjusts Price Target on APA to $37 From $25, Maintains Market Perform Rating

Jefferies Adjusts Price Target on APA to $36 From $26, Maintains Hold Rating

Bernstein Adjusts Price Target on Diamondback Energy to $237 From $190, Maintains Outperform Rating

Jefferies Adjusts Price Target on Diamondback Energy to $200 From $177, Maintains Hold Rating

Bernstein Adjusts Price Target on Devon Energy to $59 From $42, Maintains Outperform Rating

Jefferies Adjusts Price Target on Devon Energy to $53 From $44, Maintains Hold Rating

Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Monday; W&T to Advance, Trump Media to Fall

Bernstein Adjusts Price Target on Chevron to $216 From $194, Maintains Market Perform Rating

Jefferies Adjusts Price Target on Chevron to $236 From $227, Maintains Buy Rating

Bernstein Adjusts Price Target on Exxon Mobil to $195 From $159, Maintains Outperform Rating

Update: Market Chatter: EQT, KKR Show Interest in PolyPeptide Takeover

BP's Namibia Unit to Acquire 60% Stake in Eco Atlantic Namibian Licenses

Update: Market Chatter: Saudi Arabia Said to Halve Crude Sales to China in May Amid Middle East War

Market Chatter: Saudi Arabia Said to Halve Crude Sales to China in May Amid Middle East War

Solstad Offshore, Petrobras Sign Two-year Extension for Normand Fortress Vessel

TD Cowen Adjusts Price Target on Chevron to $204 From $214, Maintains Hold Rating

Bernstein Adjusts Price Target on ConocoPhillips to $121 From $98, Maintains Outperform Rating

Jefferies Adjusts Price Target on ConocoPhillips to $160 From $129, Maintains Buy Rating

Bernstein Adjusts PT on EOG Resources to $167 From $126, Maintains Market Perform Rating

Jefferies Adjusts Price Target on EOG Resources to $170 From $146, Maintains Buy Rating

Bernstein Adjusts Price Target on APA to $37 From $25, Maintains Market Perform Rating

Jefferies Adjusts Price Target on APA to $36 From $26, Maintains Hold Rating

Bernstein Adjusts Price Target on Diamondback Energy to $237 From $190, Maintains Outperform Rating

Jefferies Adjusts Price Target on Diamondback Energy to $200 From $177, Maintains Hold Rating

Bernstein Adjusts Price Target on Devon Energy to $59 From $42, Maintains Outperform Rating

Jefferies Adjusts Price Target on Devon Energy to $53 From $44, Maintains Hold Rating

Social Buzz: Wallstreetbets Stocks Mixed Pre-Bell Monday; W&T to Advance, Trump Media to Fall

Bernstein Adjusts Price Target on Chevron to $216 From $194, Maintains Market Perform Rating

Jefferies Adjusts Price Target on Chevron to $236 From $227, Maintains Buy Rating

Bernstein Adjusts Price Target on Exxon Mobil to $195 From $159, Maintains Outperform Rating

Update: Market Chatter: EQT, KKR Show Interest in PolyPeptide Takeover

BP's Namibia Unit to Acquire 60% Stake in Eco Atlantic Namibian Licenses

Update: Market Chatter: Saudi Arabia Said to Halve Crude Sales to China in May Amid Middle East War

Market Chatter: Saudi Arabia Said to Halve Crude Sales to China in May Amid Middle East War

Solstad Offshore, Petrobras Sign Two-year Extension for Normand Fortress Vessel