Dow Jones Top Energy Headlines at 4 PM ET: Crude Falls on Soft U.S. Jobs Data, OPEC+ Output Expectations | Exxon ...
Crude Falls on Soft U.S. Jobs Data, OPEC+ Output Expectations
Oil futures fell for a second straight session as a weak U.S. employment report added economic worries to concerns about U.S. tariffs curbing demand.
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Exxon Sees M&A Possibilities As Oil Giants Post Lower Profits
Exxon Mobil CEO Darren Woods said the oil giant is looking for acquisition opportunities in the oil-and-gas space after losing its challenge to Chevron's $53 billion deal to buy Hess.
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Chevron Stock Rises After Earnings. These Concerns Remain.
The energy explorer just closed the acquisition of Hess, and got permission from the Trump administration to resume operations in Venezuela.
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Exxon Stock Slips After Earnings. The CEO Might Have Spooked Investors.
Second-quarter earnings of $1.64 a share at the oil giant top analysts' estimates.
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Energy & Utilities Roundup: Market Talk
Find insight on Imperial Oil, Enbridge and more in the latest Market Talks covering Energy and Utilities.
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First Solar Posts Earnings Beat, Lifts Revenue Outlook
The solar energy company posted second-quarter earnings above analysts' expectations and raised its 2025 revenue guidance.
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Major Banks Nudge Oil Forecast Higher But U.S. Tariffs, OPEC+ Hikes Weigh on Outlook
Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook.
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Shell Keeps $3.5 Billion Buyback as Earnings Fall Less Than Expected
The oil major maintains the pace of shareholder returns despite lower prices weighing on energy companies' balance sheets.
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Enel Launches $1.14 Billion Share Buyback, Confirms Guidance
The Rome-based energy company said first-half net profit fell 11% because the prior year's results were boosted by proceeds from its disposal plan.
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MPLX to Buy Northwind Midstream for $2.38 Billion
The midstream energy-and-logistics business will gain PE-backed Northwind's portfolio of over 200,000 acres and more than 200 miles of gathering pipelines as part of the deal.
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Schneider Electric's Double-Digit Growth Driven by Data Center Deals
The company said it remains well placed to seize opportunities in its end markets, despite an environment of heightened uncertainty.
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U.S. Crude Oil Stockpiles Post Large Weekly Build
U.S. crude oil inventories rose sharply last week as domestic production and imports increased and exports fell, according to data released by the U.S. Energy Information Administration.