Articles by Rebecca Torres
Crescent Energy Surges on Oil Price Spike, Boosts Buyback Plan
Crescent Energy shares advanced sharply in premarket trading Monday, approaching a 52-week high after crude oil prices jumped on escalating Middle East conflict concerns. The company also increased its share buyback authorization to $400 million.
Crescent Energy Shares Surge on Oil Price Spike, Dividend Reaffirmed
Crescent Energy shares advanced sharply in premarket trading Monday, approaching a 52-week high following a surge in crude oil prices driven by geopolitical tensions. The company maintained its quarterly dividend and increased its share repurchase authorization.
Sasol Surges on Oil Price Spike Amid Geopolitical Tensions
Sasol Ltd advanced sharply as Brent crude oil prices surged to levels not seen since January 2025, driven by geopolitical tensions. The stock reached a 52-week high before paring gains.
Sasol Surges on Oil Price Spike Amid Middle East Tensions
Sasol Ltd. shares advanced sharply as Brent crude oil prices surged to a 13-month high amid Middle East supply concerns. The South African energy and chemicals firm also faces an arbitration ruling in an ethylene pricing dispute.
Sasol Rallies on Oil Price Surge Amid Middle East Tensions
Sasol Ltd shares advanced sharply as geopolitical tensions drove oil prices higher, though the rally faced headwinds from a weaker rand and an adverse arbitration ruling.
Chevron Approaches $200 Amid Oil Supply Fears, Analyst Valuations Diverge Widely
Chevron shares climbed in premarket trading as crude oil surged due to escalating Middle East tensions, pushing the stock toward the $200 threshold. Analyst price targets for CVX show extreme divergence, spanning from $126 to $233 per share.
Battalion Oil Soars 70% Premarket on Iran Conflict-Driven Crude Spike
Battalion Oil shares skyrocketed approximately 72% in premarket trading Monday following a sharp rise in crude oil prices driven by escalating Middle East tensions and shipping risks.
Battalion Oil Soars 70% Premarket on Iran Conflict, Crude Spike
Battalion Oil shares skyrocketed more than 70% in premarket trading Monday, mirroring a sharp spike in crude oil prices driven by escalating Middle East conflict and related shipping disruptions.
Indonesia Energy Soars 40% Premarket Amid Oil Price Spike
Indonesia Energy shares jumped 40% in premarket action Monday, extending Friday's 22% rally as oil prices climbed on Middle East supply concerns. Traders are watching whether the gains hold at the open.
Indonesia Energy Soars 40% Premarket Amid Oil Price Spike
Indonesia Energy Corporation shares jumped approximately 40% in premarket activity Monday, extending Friday's 22% gain as oil prices climbed on supply concerns. Market participants are watching whether the rally sustains through the regular session opening.
Occidental Petroleum Surges on Oil Price Spike, Bond Tender in Focus
Occidental Petroleum shares climbed more than 6% in premarket trading Monday, tracking a sharp rise in oil prices following Middle East disruptions. Investors are also focused on a March 4 early tender deadline for the company's debt buyback offers.