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Raymond James Adjusts Marathon Petroleum Price Target to $350 From $335

Marathon Petroleum (MPC) has an average rating of overweight and mean price target of $306.94, 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)Price: $306.87, Change: $-5.74, Percent Change: -1.84%

$MPC

Equities2d ago

US Total Weekly EIA Crude Oil Stocks Fall by 400,000 Barrels After Prior 11.0 Million Decrease

Equities2d ago

JPMorgan Adjusts Diamondback Energy Price Target to $233 From $211

Diamondback Energy (FANG) has an average rating of buy and mean price target of $231.72, 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)Price: $187.66, Change: $-4.22, Percent Change: -2.20%

$FANG

Equities2d ago

Icahn Enterprises Q2 Net Loss Widens, Net Sales Rise

Icahn Enterprises (IEP) reported a Q2 loss Wednesday of $0.52 per depositary unit, widening from a loss of $0.30 a year earlier.Net sales for the quarter ended June 30 were $3.08 billion, up from $2.14 billion a year earlier.

$IEP

Equities2d ago

UBS Adjusts Price Target on Gulfport Energy to $214 From $223, Maintains Buy Rating

Gulfport Energy Corp (GPOR) has an average rating of overweight and mean price target of $233, 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)

$GPOR

Equities2d ago

HSBC Lowers Saudi Aramco's PT, Affirms Hold Rating

HSBC on Wednesday decreased the price target for Saudi state-owned oil giant Saudi Arabian Oil Co (SASE:2222), d/b/a Saudi Aramco, to 29 Saudi riyals from 30.80 riyals and kept its rating at hold.(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)

SASE:2222

Equities2d ago

Riyad Capital Cuts Sabic's PT, Keeps Neutral Rating

Riyad Capital on Tuesday reduced the price target for petrochemicals manufacturer Saudi Basic Industries (SASE:2010), d/b/a Sabic, to 50.00 Saudi riyals from 60.00 riyals and affirmed its neutral 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)

SASE:2010

Equities2d ago

Top Premarket Decliners

Autonomix Medical (AMIX) stock was down more than 41% premarket Wednesday after a 434% rise at the previous close.The Marygold (MGLD) shares were more than 33% lower, extending the nearly 6% loss from the prior session.China SXT Pharmaceuticals (SXTC) stock was down more than 31%, partially reversing the 60% rise at the previous close.Vivos Therapeutics (VVOS) shares were 30% lower pre-bell following a nearly 10% rise at Tuesday's close.Tigo Energy (TYGO) stock was down 25%, a day after the company posted Q2 financial results.

$AMIX$MGLD$SCXTC$TYGO$VVOS

Equities2d ago

Earnings Flash (IEP) Icahn Enterprises Posts Q2 Loss $0.52 a Unit

$IEP

Equities2d ago

Earnings Flash (IEP) Icahn Enterprises Posts Q2 Revenue $3.08B

$IEP

Equities2d ago

Top Premarket Gainers

C3is (CISS) stock was up more than 65% in Wednesday's premarket activity after closing Tuesday with a 21% decreaseBluejay Diagnostics (BJDX) shares were 38% higher pre-bell, extending an over 5% rise in the previous session.Julong (JLHL) stock was up 37% after a 12% loss at the prior close.Gran Tierra Energy (GTE) shares were 48% higher after the company agreed to sell its oil business in Colombia and Ecuador to French oil and natural gas exploration and production company Maurel & Prom for an enterprise value of $1.33 billion.Jin Medical International (ZJYL) stock was up more than 28% following the release of its fiscal H1 results.

$BJDX$CISS$GTE$JLHL$ZJYL

Equities2d ago

Phillips 66 Q2 Adjusted Earnings Rise

Phillips 66 (PSX) reported Q2 adjusted earnings Wednesday of $9.41 per diluted share, up from $2.38 a year earlier.Analysts polled by FactSet expected a non-GAAP loss of $7.50 a share.Phillips 66 shares were up 1.1% in premarket trading.

$PSX

Equities2d ago

Riyad Capital Revises Sabic Price Target After Q2 Results

Riyad Capital lowered its price target on Saudi Basic Industries (SASE:2010), d/b/a Sabic, after the petrochemicals manufacturer's second-quarter performance."We maintain our Neutral rating and lower our target price to SAR 50.00 oncontinued adjustment challenges. We believe 2Q26 marks the volume trough; the medium term includes a logistical adjustment phase (which we detail in our forthcoming sector update), while 3Q26 carries its own questions - realized prices could fade on mean-reversion as supply returns, even as feedstock costs and elevated shipping and insurance rates prove sticky, pressuring margins from both ends," analysts said Tuesday.For the three-month period, the company logged a loss of 830 million Saudi riyals, which was "broadly in line" with Riyad Capital's estimate of 310 million riyals. Sales, on the other hand, declined 18% year-over-year to 24.81 billion riyals, surpassing the research firm's 21.03 billion-riyal forecast.

SASE:2010

Equities2d ago

Earnings Flash (NRP) Natural Resource Partners Posts Q2 Net Income $1.85 a Unit

$NRP

Equities2d ago

Earnings Flash (DK) Delek US Posts Q2 Revenue $4.09B, vs. FactSet Est of $3.44B

$DK

Equities2d ago

Earnings Flash (DK) Delek US Posts Q2 Adjusted EPS $5.48, vs. FactSet Est of $2.67

$DK

Equities2d ago

TD Cowen Adjusts Price Target on Chevron to $205 From $200, Maintains Hold Rating

Chevron (CVX) has an average rating of overweight and mean price target of $217, 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

Equities2d ago

UK Gas Producer Angus Energy Completes Annual Maintenance Shutdown at Gas Field

UK onshore gas producer Angus Energy (ANGS.L) said Wednesday it completed its annual maintenance shutdown at the Saltfleetby Gas Field.The company resumed intermittent production on July 28 and reached full capacity on Tuesday after the annual maintenance program. Angus added that production now exceeds the pre-shutdown rates due to increased efficiency.

$ANGS.L

Equities2d ago

MIS Wins Five-year Data Center Services Contract from Saudi Aramco

Al Moammar Information Systems (SASE:7200), d/b/a MIS, secured a contract to provide data center leasing services to Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco.The Saudi IT group will deliver racks, cooling, power, connectivity, physical security, and support services to meet Saudi Aramco's Data only Drill and Disaster Recovery requirements, according to a Wednesday release.The contract has a five-year term, with an option to extend it for an additional two years. MIS expects the deal to begin contributing positively to its financial results after receiving the first purchase orders.

SASE:7200

Equities2d ago

Gran Tierra Energy to Sell Oil Business in Colombia, Ecuador to Maurel & Prom for $1.33 Billion

Gran Tierra Energy (GTE) said Wednesday it has agreed to sell its oil business in Colombia and Ecuador to French oil and natural gas exploration and production company Maurel & Prom for an enterprise value of $1.33 billion.The deal includes the purchase of certain Gran Tierra notes by Maurel & Prom and a prepayment facility. Gran Tierra is expected to generate cash proceeds of about $315 million from the sale.The transaction, which requires approval from Gran Tierra's shareholders and clearance from regulators in Colombia and Ecuador, is expected to complete on or about Dec. 31.The deal also includes a mutual termination fee of $50 million.

$GTE

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