Vermilion Energy (NYSE:VET) on Monday announced that the Toronto Stock Exchange has approved the notice of the company’s intention to commence a normal course issuer bid (“NCIB”). The NCIB allows Vermilion to purchase up to 15.69M common shares, representing about 10% of its public float as at June 28, 2024,Continue Reading
Lari Bat/iStock via Getty Images Enphase Energy (NASDAQ:ENPH) +1.5% pre-market Monday after saying it has begun shipments of IQ8 commercial microinverters produced in the U.S. The Inflation Reduction Act has enabled Enphase (ENPH) to manufacture in the U.S., after IQ8 commercial microinverters were originally launched in North America last yearContinue Reading
sasacvetkovic33/E+ via Getty Images Ring Energy (NYSE:REI) +3% pre-market Monday after raising Q2 sales volume guidance and reaffirming its $600M borrowing base. The company hiked its Q2 sales guidance range above the high end of prior guidance for both barrels of oil per day and barrels of oil equivalent perContinue Reading
ultramarinfoto/E+ via Getty Images Alvopetro Energy (OTCQX:ALVOF) Wednesday reported June sales volumes of 1,669 boepd including natural gas sales of 9.6 MMcfpd, associated natural gas liquids sales from condensate of 67 bopd and oil sales of 10 bopd, based on field estimates. Q2 sales averaged 1,629 boepd compared to 1,701 boepdContinue Reading
Monty Rakusen U.S. oil and gas major Chevron (NYSE:CVX), pipeline operator Energy Transfer (NYSE:ET), solar technology firm Nextracker (NASDAQ:NXT), and utility Edison International (NYSE:EIX), are among Mizuho Americas’ top energy picks, and preferred ‘Outperform’-rated names, a report on Wednesday showed. Mizuho has a price target of $205/share for Chevron (CVX),Continue Reading
luismmolina/iStock via Getty Images Kosmos Energy (NYSE:KOS) +1.9% in early trading Wednesday after announcing the start-up of oil production from two development wells at the Winterfell field in the U.S. Gulf of Mexico. A third well at Winterfell is currently being drilled and anticipated to come by the end ofContinue Reading
Hertz Energy (OTCQB:HZLIF) on Wednesday said it has terminated the option assignment agreement dated August 4, 2023 among the company, Brascan Resources, BHBC Exploracao Mineral LTDA, and RTB Geologia e Mineracao LTDA. Following the termination of the agreement, the company has relinquished its option to acquire the Patriota Lithium ProjectContinue Reading
Dobresum/iStock via Getty Images Constellation Energy (NASDAQ:CEG) is in talks with the Pennsylvania lawmakers to help fund a possible restart of part of its Three Mile Island nuclear power facility, Reuters reported late Tuesday. The unit reportedly under consideration to be restarted is separate from the reactor that melted downContinue Reading
Petmal/iStock via Getty Images Eos Energy Enterprises (NASDAQ:EOSE) +7.3% in Tuesday’s trading after announcing an expansion of its existing agreement with Indian Energy, which represents the company’s largest order funded by the California Energy Commission. The expansion adds 25 MWh of storage to the existing 35 MWh order for anContinue Reading
Neilson Barnard/Getty Images Entertainment Carl Icahn-controlled CVR Energy (NYSE:CVI) has submitted a binding offer in an ongoing auction of shares in the parent of Venezuela-owned Citgo Petroleum, Reuters reported Tuesday. A U.S. court in Delaware is auctioning the shares to pay creditors that have $21.3B in claims against Venezuela’s governmentContinue Reading
