First Solar shares fall after poor sales forecast amid policy uncertainties
On Wednesday, shares of First 'Solar' fell 12.8% and reached their lowest level since September last year. The company had forecast sales that were below Wall Street estimates due to uncertainty in the U.S. political environment as well as delays with permits under the Trump administration. According to data compiled and analyzed by LSEG, the solar panel manufacturer said on Tuesday that it expects its 2026 net sales will be between $4.9 billion and $5.2 billion.
First Solar shares fall after weak sales forecast amid policy uncertainties
First Solar shares fell 16.7% on Wednesday in premarket trade after the company predicted annual sales below Wall Street expectations due to uncertainty and delays caused by the Trump administration's U.S. policies. According to LSEG data, the'solar 'panel manufacturer expects its net sales in 2026 to range between $4.9 and $5.2 billion. This compares to an average analyst estimate of $6 billion. Solar industry…
As Pipeline Projects Grow, Williams Predicts Higher 2026 Profit
U.S. pipeline operator Williams Companies on Tuesday forecast 2026 profit above analysts' expectations as new pipeline and offshore projects drive growth and natural gas demand continues to rise.Williams, which also increased its annual dividend by 5% to $2.10 per share for 2026, saw its shares rise 2.8% in morning trade.Rising electricity use from crypto-mining, households, businesses and an AI-driven boom in data centers is set to boost natural gas demand this year…
ConocoPhillips aims to cut costs by $1 billion in 2026. Profits miss on lower oil prices
ConocoPhillips announced on Thursday that it plans to reduce capital and operating costs by $1 billion by 2026. This comes after the U.S. energy producer missed Wall Street's?estimates? for its fourth-quarter profits due to lower crude prices. Falling oil prices have put pressure on the industry to reduce spending, drill less and cut staff. ConocoPhillips' average price was $42.46 for a barrel of oil-equivalent (boe)…
Chevron beats Q4 profit estimate, eyes Venezuela investment opportunities
Chevron's profits for the fourth quarter fell, but were still higher than expected. The company focused on cutting costs to make its operations more efficient in order to compete with lower crude oil prices through 2025. Chevron is the only U.S. oil producer currently operating in Venezuela. Now in the spotlight due to the U.S.'s capture and removal of Nicolas Maduro, the former Venezuelan president this month, Chevron said that it would be evaluating other opportunities in Venezuela.
Australia's APA joins Queensland in building Brigalow Power Station
The APA Group, an Australian company, announced on Monday that it had agreed to build the 400-megawatt Brigalow Peaking Power Station in Queensland proposed by CS Energy. According to a research note by RBC Capital Markets, this is the first major GPG investment made by APA in a long time. The plant is expected to begin operations in 2028, next to CS Energy’s Kogan Creek facility. It was designed to stabilize supply during times of high demand or intermittent renewable output.
Analysts are looking at 2026 as a timeframe for predicting the growth of oil earnings.
Big Oil's third-quarter results may be boosted by marginally higher oil and refining prices, as well as stronger results in the refinery sector. However, some analysts are more concerned with how the global oil majors will set the stage for the year 2026 when they report their results next week. According to LSEG's analyst estimates, Shell, the British oil giant, and TotalEnergies, the French major, will begin their earnings season on Friday.
Analysts are looking at 2026 as a timeframe for a rise in Big Oil earnings
Big Oil's third-quarter results may be boosted by marginally higher oil and refining prices, as well as stronger results in the refinery sector. However, some analysts are more concerned with how the global oil majors will set the stage for the year 2026 when they report their results next week. According to LSEG's analyst estimates, Shell, the British oil giant, and TotalEnergies, the French major, will begin earnings season on a Thursday.
Technip Energys purchases Ecovyst’s Advanced Materials & Catalysts for $556 Million
Technip Energies, a French energy infrastructure firm, announced on Thursday that it had reached an agreement to purchase the Advanced Materials & Catalysts division of U.S. chemicals group Ecovyst for $556m. The shares rose over 4% at first trading. The agreement will see the company, which specializes in technology for energy, acquire two entities, Advanced Silicas and Zeolyst International, as part of its complementary segment, Technology, Products and Services.
Copper miner Teck delays major project approvals during operations review
Teck Resources, a Canadian mining company, announced on Wednesday it had undertaken an operations review of the entire company and would delay approval of major growth projects until its Quebrada blanca (QB), copper mine in Chile reaches steady operation and targets output. In a separate statement, the company said that Daniel Malchuk was appointed as a special adviser to Jonathan Price. He will assist QB in managing its tailings and driving operational performance.
AGL's shares in Australia plunge after weaker results reflect the cost of going green
AGL Energy, Australia's largest power producer, reported on Wednesday a 21% decline in its annual underlying profit. It also missed expectations for earnings due to lower retail margins and increased costs associated with the transition to renewable energies. The shares closed at their lowest level since April 20,24 and had the weakest trading session in October 2007. The Sydney-based company - Australia's largest carbon emitter – said that it was confident in its investment in large batteries…
Chevron wins arbitration against Exxon over Hess deal, according to analysts.
Chevron completed its $55 billion purchase of Hess last Friday, after winning a landmark court battle against Exxon Mobil. This was to gain access the largest oil discovery of the past decade - the Stabroek Block offshore of Guyana. It contains more than 11 billion gallons of oil. This project will drive significant growth in production for the next 3 to 5 years. It will also add new weight on the liquids front from Guyana, Permian and Gulf of Mexico.
The U.S. Senate has preserved some tax credits for renewable energy in the Trump bill
The shares of U.S. renewable-energy firms showed mixed results in the early trading on Monday after the U.S. Senate passed President Donald Trump's tax and spending bill. The final version of the bill preserved tax credits for solar leases -- an arrangement in which a third party owns and installs solar panels on the property of a customer for a fee for the use of the system and electricity it produces. After weeks of uncertainty, the provision has lifted several solar names.
Sources say that OPEC+ is set to increase oil production again in August.
Four delegates from OPEC+ said that the world's largest oil producer group, OPEC+ is planning to announce a production increase of 411,000 barrels a day for August in order to regain market shares. If the agreement is reached, the increase in supply by OPEC+ would be 1.78 million bpd, which is equivalent to more than 1.5% of the global demand. The group hasn't yet increased production to the agreed volumes…
As crude prices fall, investors fear that Big Oil may reduce share buybacks.
Investors will pay attention to the fact that falling oil prices are increasing the risk of dividends and share purchases for the remainder of 2025. Big Oil's efforts to win over Wall Street have been based on reinvesting cash in the form of dividends and stock repurchases. U.S. president Donald Trump's announcements of global tariffs have caused fears of a weaker oil market and a possible recession, leading forecasters to reduce their oil price expectations.
Oil below $60 puts US producers in a tough position regarding growth and capital returns
Analysts have warned that a drop in oil prices to below $60 per barrel as a result of an intensifying trade war could cause anxiety throughout the U.S. Oil Patch, forcing companies to take additional measures, including reducing share buybacks or capital expenditures. Brent crude and West Texas Intermediate futures (WTI) fell to their lowest levels since February 2021 as tariffs introduced by U.S. president…
BP shares are at their highest level since August following Elliott's stake increase
In early trading on Monday, shares of oil giant BP rose 7%, reaching their highest level since August, following reports that activist investor Elliott Management acquired a stake in the firm, citing a reliable source. By 823 GMT the shares had risen 7.3% to 464.75pence, their largest daily gain since Febuary 2023. Shell shares dropped by nearly 4% and ExxonMobil rose 8%. Murray Auchincloss, BP's CEO, has…
Sources say that OPEC+ is likely to stick with its plan to increase oil production.
Despite Donald Trump's pleas to lower oil prices, delegates of the producer group said that OPEC+ would likely stick to its current plan to increase output gradually starting in April. Four OPEC+ source said that the Joint Ministerial Monitoring Committee meeting, scheduled to start at 1300 GMT on Monday, is unlikely to recommend an increase in output beyond what OPEC+ has already planned. Sources declined to give their names. The meeting follows the announcement by U.S.
How Trump's tariffs could affect the commodity and energy sector
Donald Trump, the U.S. president, imposed duties on Canada and Mexico of 25% each and China a 10% tax on Saturday. He said the measures were necessary to fight illegal immigration and drug trafficking. Canada and Mexico immediately pledged retaliatory actions, while China announced it would challenge Trump’s tariffs at the World Trade Organization as well as take other countermeasures. Trump's decision has caused volatility on the commodities markets.
Infinity Natural, backed by Pearl Energy, valued at $1.3 Billion as shares soar in NYSE debut
Infinity Natural Resources, a company owned by private equity, was valued at $1.3 billion after its shares rose 10.8% on their New York Stock Exchange debut on Friday. Morgantown, West Virginia based company opened its stock at $22.16, over the $20 per share offer price. Infinity, supported by Pearl Energy Investments, NGP and other buyout firms, sold 13,25 million shares between $18 and $21 in order to raise $265 millions.