logo
#

Latest news with #Midstream

ONEOK buys remaining stake in Delaware Basin JV for $940 million
ONEOK buys remaining stake in Delaware Basin JV for $940 million

Reuters

time4 days ago

  • Business
  • Reuters

ONEOK buys remaining stake in Delaware Basin JV for $940 million

June 3 (Reuters) - U.S. pipeline operator ONEOK (OKE.N), opens new tab said on Tuesday that it had bought the remaining stake in Delaware Basin JV from NGP XI Midstream Holdings in a cash-and-stock deal valued at $940 million. By acquiring the remaining 49.9% interest, ONEOK has gained sole ownership of the basin, which operates natural gas gathering and processing facilities in West Texas and New Mexico's Delaware Basin, with a total processing capacity exceeding 700 million cubic feet per day. Over the past two years, the pipeline operator has diversified its portfolio with acquisitions, including a Gulf Coast NGL pipeline system from Easton Energy and the purchases of Medallion Midstream and EnLink Midstream. These moves are part of a broader effort to boost its presence in the Permian Basin amid growing consolidation in the U.S. energy sector. The company said that the deal comprises $530 million in cash and $410 million in ONEOK common stock. ONEOK operates a 60,000-mile pipeline network that transports natural gas, natural gas liquids, refined products, and crude oil.

EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver - The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night
EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver - The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

Yahoo

time21-05-2025

  • Business
  • Yahoo

EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver - The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies at Limited presentation opportunities are available for E&P, Midstream, OFS, Energy Transition and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom's multi-channel approach before, during, and after the event DENVER, May 21, 2025 /PRNewswire/ -- EnerCom, Inc. is pleased to announce its lineup of unparalleled networking opportunities at the upcoming EnerCom Denver - The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown in Denver, Colorado. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th. The golf event is sponsored by global sponsor Netherland, Sewell & Associates, Inc., and EnerCom. The tournament is a significant fundraiser for IN! Pathways to Inclusive Higher Education. Participating in the charity golf tournament ($150 donation per golfer) directly contributes to creating inclusive college opportunities in Colorado for students with intellectual disabilities to foster their academic growth, social development, and career advancement. Your participation makes a real difference. The golf tournament will once again be held at the scenic Arrowhead Golf Club in Littleton, Colorado. Held after Day One of presentations, the conference will host its premier Monday Mixer cocktail reception at the Westin Denver Downtown. This valuable opportunity lets attendees enjoy appetizers, drinks, and live music while networking with other conference participants and key representatives from the energy industry. Casino Night follows Day Two of the conference—experience the entertainment, fun, and excitement of playing in a real casino environment with "fun money" (no cash value, for entertainment only) at the poker, blackjack, roulette, and craps tables manned by professional dealers. This year's event will also feature a charity poker tournament. Join us for a night of revelry, music, good food, and drinks. Open to all conference attendees. Please join us after the conference concludes on Wednesday afternoon with a closing cocktail reception as we reflect on the 2025 Conference. Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Registration for the conference for qualified investment professionals is free. The four-day conference allows qualified investors access to senior leadership and networking opportunities, including one-on-one meetings with company management teams. Meetings are limited to buy-side principals, portfolio managers, CIOs, and securities analysts. Early registration for all other attendees is $500 until June 30, 2025, for the three-day event. Companies interested in presenting can contact Larry Busnardo at lbusnardo@ Sponsorship opportunities are available by contacting Blanca Andrus at bandrus@ The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. (NASDAQ: APA) Aureus Energy Services BKV (NYSE: BKV) Bayswater Exploration and Production Baytex Energy (TSX/NYSE: BTE) Berry Corporation (NASDAQ: BRY) Bison Oil & Gas Blackbeard Operating CanCambria Energy (TSXV: CCEC) Deep Blue Water Diversified Energy (NYSE: DEC) DNOW (NYSE: DNOW) Drilling Tools International (NASDAQ: DTI) EnerCom Eni SpA (NYSE: E) EOG Resources (NYSE: EOG) Flotek Industries (NYSE: FTK) Fundare Resources Granite Ridge Resources (NYSE: GRNT) Gran Tierra Energy (TSX/NYSE: GTE) Halo Exploration Hemisphere Energy (TSX: HME; OTCQX: HMENF) Kelt Exploration (TSX: KEL) Kiwetinohk Energy (TSX: KEC) Liberty Energy (NYSE: LBRT) Mach Natural Resources (NYSE: MNR) Meren Energy (TSX: MER) NCS Multistage (NASDAQ: NCSM) New Era Helium (NASDAQ: NEHC) NuVista Energy (TSX: NVA) Oklo (NYSE: OKLO) Parex Resources (TSX: PXT; OTC: PARXF) Precision Drilling (TSX: PD;NYSE: PDS) Prospera Energy (TSX: PEI; OTC GXRFF) Providence Energy ReconAfrica (TSXV: RECO; OTCQX: RECAF) Ring Energy (NYSE: REI) SandRidge Energy (NYSE: SD) Saturn Oil and Gas (TSX: SOIL; OTCQX: OILSF) Select Water Solutions (NYSE: WTTR) SM Energy (NYSE: SM) Solestiss Spartan Delta (TSX: SDE) Surge Energy America Tamarack Valley Energy (TSX: TVE) Tenaz Energy (TSX: TNZ) U.S. Energy Development Corp. UpCurve Energy Verde Energy Solutions Vitesse Energy (NYSE: VTS) Whitecap Resources (TSX: WCP) Zephyr Energy (AIM: ZPHR; OTCQB: ZPHRF) Companies continue to be added to the schedule daily. Conference Overview Conference Details: EnerCom Denver offers investment professionals a unique opportunity to network and listen to senior management teams from leading companies across the energy Value Chain, update investors on their operational and financial strategies, and learn how they create value for stakeholders. Conference Dates: August 17–20, 2025. EnerCom will host its annual Charity Golf Tournament on Sunday, August 17th at the scenic Arrowhead Golf Club in Littleton, Colorado. Benefitting IN! Pathways to Inclusive Higher Education, the Golf Tournament requires a $150 charity donation to participate. Formal presentations and meetings will be held Monday, August 18th, through Wednesday, August 20th. Venue: Westin Denver Downtown. Please book rooms under the EnerCom Denver block. We encourage attendees to book their reservations as soon as possible, as rooms may sell out quickly. Who Attends the Conference: Institutional investors, family offices, high-net-worth investors, private equity, research analysts, retail brokers, trust officers, investment and commercial bankers, and energy industry professionals gather in Denver for the conference. Conference Format and Details: The EnerCom Denver conference follows EnerCom's familiar 25-minute presentation format, followed by 50-minute Q&A opportunities in separate breakout rooms, one-on-one meetings, and multiple networking opportunities. In addition to in-person access to all company presentations, panel discussions, and keynote speakers, conference registration allows investors and management teams to meet formally and informally over cocktails, breakfast, and lunch. About EnerCom, Inc.: Founded in 1994, EnerCom, Inc. has been a trusted advisor to the global energy industry, working with clients to differentiate and deliver targeted messages to investors. Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design. For more information about EnerCom and its services, please visit or call (303) 296-8834 to speak with one of our consultants. EnerCom Denver Sponsors Include: Netherland, Sewell & Associates, Inc. (NSAI) Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. Haynes and Boone, LLP Haynes Boone is an energy-focused corporate law firm that provides a full spectrum of legal services and solutions to clients across the energy industry, including the upstream, midstream, and downstream sectors as well as power and renewables. Our team of more than 100 energy lawyers and landmen has been helping operators, lenders, and private equity firms with some of their most complex and significant transactions and disputes in recent years. The firm's nearly 700 lawyers practice across 19 global offices located in California, Colorado, Illinois, New York, North Carolina, Texas, Virginia, Washington, D.C., London, Mexico City, and Shanghai. The 2023 Chambers USA Legal Guide ranked 31 different firm practice areas, and in 2024, Haynes Boone became the first Am Law 100 firm to ever earn a Gold-level Bell Seal from Mental Health America. The U.S. News & World Report and Best Lawyers "Best Law Firms" 2023 survey ranked Haynes Boone in National Tier 1 in Oil & Gas Law. IMA IMA Financial Group is an independent broker, defining the future of insurance through comprehensive and consultative risk and wealth management services. A majority employee-owned and managed company, its 2,300-plus associates in offices across the country are empowered by a shared mission to manage risk, protect assets, and make a difference. Petrie Partners Petrie Partners, LLC is a boutique investment banking firm dedicated to the energy industry. The senior leadership has a multi-decade legacy of delivering specialized advice on mergers and acquisitions, asset transactions and valuations, and financings to the boards and managements of public, private, and sovereign entities. Petrie clients benefit from the independent, conflict-free perspective and unwavering advocacy of their best interests that the team brings to every engagement. Vitesse Energy Vitesse is a Denver-based company focused on returning capital to stockholders through owning and acquiring predominantly non-operated working interests in oil and gas properties in the Williston Basin of North Dakota and Montana. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. Oil & Gas 360® The Media Sponsor of Enercom Denver, Oil & Gas 360® is a one-stop source of news, information, and analysis from the professionals at EnerCom, Inc. The website is dedicated to all things energy: people, technologies, transactions, trends, and macro-economic analysis that impact our industry. Oil & Gas 360 View original content to download multimedia: SOURCE EnerCom, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night
The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

Malaysian Reserve

time21-05-2025

  • Business
  • Malaysian Reserve

The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies at Limited presentation opportunities are available for E&P, Midstream, OFS, Energy Transition and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom's multi-channel approach before, during, and after the event DENVER, May 21, 2025 /PRNewswire/ — EnerCom, Inc. is pleased to announce its lineup of unparalleled networking opportunities at the upcoming EnerCom Denver – The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown in Denver, Colorado. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th. The golf event is sponsored by global sponsor Netherland, Sewell & Associates, Inc., and EnerCom. The tournament is a significant fundraiser for IN! Pathways to Inclusive Higher Education. Participating in the charity golf tournament ($150 donation per golfer) directly contributes to creating inclusive college opportunities in Colorado for students with intellectual disabilities to foster their academic growth, social development, and career advancement. Your participation makes a real difference. The golf tournament will once again be held at the scenic Arrowhead Golf Club in Littleton, Colorado. Held after Day One of presentations, the conference will host its premier Monday Mixer cocktail reception at the Westin Denver Downtown. This valuable opportunity lets attendees enjoy appetizers, drinks, and live music while networking with other conference participants and key representatives from the energy industry. Casino Night follows Day Two of the conference—experience the entertainment, fun, and excitement of playing in a real casino environment with 'fun money' (no cash value, for entertainment only) at the poker, blackjack, roulette, and craps tables manned by professional dealers. This year's event will also feature a charity poker tournament. Join us for a night of revelry, music, good food, and drinks. Open to all conference attendees. Please join us after the conference concludes on Wednesday afternoon with a closing cocktail reception as we reflect on the 2025 Conference. Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Registration for the conference for qualified investment professionals is free. The four-day conference allows qualified investors access to senior leadership and networking opportunities, including one-on-one meetings with company management teams. Meetings are limited to buy-side principals, portfolio managers, CIOs, and securities analysts. Early registration for all other attendees is $500 until June 30, 2025, for the three-day event. Companies interested in presenting can contact Larry Busnardo at lbusnardo@ Sponsorship opportunities are available by contacting Blanca Andrus at bandrus@ The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. (NASDAQ: APA) Aureus Energy Services BKV (NYSE: BKV) Bayswater Exploration and Production Baytex Energy (TSX/NYSE: BTE) Berry Corporation (NASDAQ: BRY) Bison Oil & Gas Blackbeard Operating CanCambria Energy (TSXV: CCEC) Deep Blue Water Diversified Energy (NYSE: DEC) DNOW (NYSE: DNOW) Drilling Tools International (NASDAQ: DTI) EnerCom Eni SpA (NYSE: E) EOG Resources (NYSE: EOG) Flotek Industries (NYSE: FTK) Fundare Resources Granite Ridge Resources (NYSE: GRNT) Gran Tierra Energy (TSX/NYSE: GTE) Halo Exploration Hemisphere Energy (TSX: HME; OTCQX: HMENF) Kelt Exploration (TSX: KEL) Kiwetinohk Energy (TSX: KEC) Liberty Energy (NYSE: LBRT) Mach Natural Resources (NYSE: MNR) Meren Energy (TSX: MER) NCS Multistage (NASDAQ: NCSM) New Era Helium (NASDAQ: NEHC) NuVista Energy (TSX: NVA) Oklo (NYSE: OKLO) Parex Resources (TSX: PXT; OTC: PARXF) Precision Drilling (TSX: PD;NYSE: PDS) Prospera Energy (TSX: PEI; OTC GXRFF) Providence Energy ReconAfrica (TSXV: RECO; OTCQX: RECAF) Ring Energy (NYSE: REI) SandRidge Energy (NYSE: SD) Saturn Oil and Gas (TSX: SOIL; OTCQX: OILSF) Select Water Solutions (NYSE: WTTR) SM Energy (NYSE: SM) Solestiss Spartan Delta (TSX: SDE) Surge Energy America Tamarack Valley Energy (TSX: TVE) Tenaz Energy (TSX: TNZ) U.S. Energy Development Corp. UpCurve Energy Verde Energy Solutions Vitesse Energy (NYSE: VTS) Whitecap Resources (TSX: WCP) Zephyr Energy (AIM: ZPHR; OTCQB: ZPHRF) Companies continue to be added to the schedule daily. Conference Overview Conference Details: EnerCom Denver offers investment professionals a unique opportunity to network and listen to senior management teams from leading companies across the energy Value Chain, update investors on their operational and financial strategies, and learn how they create value for stakeholders. Conference Dates: August 17–20, 2025. EnerCom will host its annual Charity Golf Tournament on Sunday, August 17th at the scenic Arrowhead Golf Club in Littleton, Colorado. Benefitting IN! Pathways to Inclusive Higher Education, the Golf Tournament requires a $150 charity donation to participate. Formal presentations and meetings will be held Monday, August 18th, through Wednesday, August 20th. Venue: Westin Denver Downtown. Please book rooms under the EnerCom Denver block. We encourage attendees to book their reservations as soon as possible, as rooms may sell out quickly. Who Attends the Conference: Institutional investors, family offices, high-net-worth investors, private equity, research analysts, retail brokers, trust officers, investment and commercial bankers, and energy industry professionals gather in Denver for the conference. Conference Format and Details: The EnerCom Denver conference follows EnerCom's familiar 25-minute presentation format, followed by 50-minute Q&A opportunities in separate breakout rooms, one-on-one meetings, and multiple networking opportunities. In addition to in-person access to all company presentations, panel discussions, and keynote speakers, conference registration allows investors and management teams to meet formally and informally over cocktails, breakfast, and lunch. About EnerCom, Inc.: Founded in 1994, EnerCom, Inc. has been a trusted advisor to the global energy industry, working with clients to differentiate and deliver targeted messages to investors. Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design. For more information about EnerCom and its services, please visit or call (303) 296-8834 to speak with one of our consultants. EnerCom Denver Sponsors Include: Netherland, Sewell & Associates, Inc. (NSAI) Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. Haynes and Boone, LLP Haynes Boone is an energy-focused corporate law firm that provides a full spectrum of legal services and solutions to clients across the energy industry, including the upstream, midstream, and downstream sectors as well as power and renewables. Our team of more than 100 energy lawyers and landmen has been helping operators, lenders, and private equity firms with some of their most complex and significant transactions and disputes in recent years. The firm's nearly 700 lawyers practice across 19 global offices located in California, Colorado, Illinois, New York, North Carolina, Texas, Virginia, Washington, D.C., London, Mexico City, and Shanghai. The 2023 Chambers USA Legal Guide ranked 31 different firm practice areas, and in 2024, Haynes Boone became the first Am Law 100 firm to ever earn a Gold-level Bell Seal from Mental Health America. The U.S. News & World Report and Best Lawyers 'Best Law Firms' 2023 survey ranked Haynes Boone in National Tier 1 in Oil & Gas Law. IMA IMA Financial Group is an independent broker, defining the future of insurance through comprehensive and consultative risk and wealth management services. A majority employee-owned and managed company, its 2,300-plus associates in offices across the country are empowered by a shared mission to manage risk, protect assets, and make a difference. Petrie Partners Petrie Partners, LLC is a boutique investment banking firm dedicated to the energy industry. The senior leadership has a multi-decade legacy of delivering specialized advice on mergers and acquisitions, asset transactions and valuations, and financings to the boards and managements of public, private, and sovereign entities. Petrie clients benefit from the independent, conflict-free perspective and unwavering advocacy of their best interests that the team brings to every engagement. Vitesse Energy Vitesse is a Denver-based company focused on returning capital to stockholders through owning and acquiring predominantly non-operated working interests in oil and gas properties in the Williston Basin of North Dakota and Montana. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. Oil & Gas 360® The Media Sponsor of Enercom Denver, Oil & Gas 360® is a one-stop source of news, information, and analysis from the professionals at EnerCom, Inc. The website is dedicated to all things energy: people, technologies, transactions, trends, and macro-economic analysis that impact our industry. Oil & Gas 360

EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver - The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night
EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver - The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

Yahoo

time21-05-2025

  • Business
  • Yahoo

EnerCom Announces Premier Networking Events at the 30th Annual EnerCom Denver - The Energy Investment Conference, Including Charity Golf, Monday Cocktail Mixer, and Casino Night

Join us as we celebrate three decades of bringing together the energy industry's companies, investors, analysts, and industry leaders! Investors are encouraged to register for EnerCom Denver – The Energy Investment Conference, featuring a broad group of public and private energy companies at Limited presentation opportunities are available for E&P, Midstream, OFS, Energy Transition and Emerging Technology companies Sponsorship opportunities are available for companies seeking to increase marketplace and brand awareness through EnerCom's multi-channel approach before, during, and after the event DENVER, May 21, 2025 /PRNewswire/ -- EnerCom, Inc. is pleased to announce its lineup of unparalleled networking opportunities at the upcoming EnerCom Denver - The Energy Investment Conference to be held August 17-20, 2025, at the Westin Denver Downtown in Denver, Colorado. The conference kicks off with the annual Charity Golf Tournament on Sunday, August 17th. The golf event is sponsored by global sponsor Netherland, Sewell & Associates, Inc., and EnerCom. The tournament is a significant fundraiser for IN! Pathways to Inclusive Higher Education. Participating in the charity golf tournament ($150 donation per golfer) directly contributes to creating inclusive college opportunities in Colorado for students with intellectual disabilities to foster their academic growth, social development, and career advancement. Your participation makes a real difference. The golf tournament will once again be held at the scenic Arrowhead Golf Club in Littleton, Colorado. Held after Day One of presentations, the conference will host its premier Monday Mixer cocktail reception at the Westin Denver Downtown. This valuable opportunity lets attendees enjoy appetizers, drinks, and live music while networking with other conference participants and key representatives from the energy industry. Casino Night follows Day Two of the conference—experience the entertainment, fun, and excitement of playing in a real casino environment with "fun money" (no cash value, for entertainment only) at the poker, blackjack, roulette, and craps tables manned by professional dealers. This year's event will also feature a charity poker tournament. Join us for a night of revelry, music, good food, and drinks. Open to all conference attendees. Please join us after the conference concludes on Wednesday afternoon with a closing cocktail reception as we reflect on the 2025 Conference. Institutional investors, family offices, portfolio managers, financial analysts, CIOs, and other investment community and industry professionals are encouraged to register now. Registration for the conference for qualified investment professionals is free. The four-day conference allows qualified investors access to senior leadership and networking opportunities, including one-on-one meetings with company management teams. Meetings are limited to buy-side principals, portfolio managers, CIOs, and securities analysts. Early registration for all other attendees is $500 until June 30, 2025, for the three-day event. Companies interested in presenting can contact Larry Busnardo at lbusnardo@ Sponsorship opportunities are available by contacting Blanca Andrus at bandrus@ The presenting company lineup as of May 21, 2025, includes: Advantage Energy (TSX: AAVVF) Amplify Energy (NYSE: AMPY) Anschutz Exploration Armstrong Oil & Gas APA Corp. (NASDAQ: APA) Aureus Energy Services BKV (NYSE: BKV) Bayswater Exploration and Production Baytex Energy (TSX/NYSE: BTE) Berry Corporation (NASDAQ: BRY) Bison Oil & Gas Blackbeard Operating CanCambria Energy (TSXV: CCEC) Deep Blue Water Diversified Energy (NYSE: DEC) DNOW (NYSE: DNOW) Drilling Tools International (NASDAQ: DTI) EnerCom Eni SpA (NYSE: E) EOG Resources (NYSE: EOG) Flotek Industries (NYSE: FTK) Fundare Resources Granite Ridge Resources (NYSE: GRNT) Gran Tierra Energy (TSX/NYSE: GTE) Halo Exploration Hemisphere Energy (TSX: HME; OTCQX: HMENF) Kelt Exploration (TSX: KEL) Kiwetinohk Energy (TSX: KEC) Liberty Energy (NYSE: LBRT) Mach Natural Resources (NYSE: MNR) Meren Energy (TSX: MER) NCS Multistage (NASDAQ: NCSM) New Era Helium (NASDAQ: NEHC) NuVista Energy (TSX: NVA) Oklo (NYSE: OKLO) Parex Resources (TSX: PXT; OTC: PARXF) Precision Drilling (TSX: PD;NYSE: PDS) Prospera Energy (TSX: PEI; OTC GXRFF) Providence Energy ReconAfrica (TSXV: RECO; OTCQX: RECAF) Ring Energy (NYSE: REI) SandRidge Energy (NYSE: SD) Saturn Oil and Gas (TSX: SOIL; OTCQX: OILSF) Select Water Solutions (NYSE: WTTR) SM Energy (NYSE: SM) Solestiss Spartan Delta (TSX: SDE) Surge Energy America Tamarack Valley Energy (TSX: TVE) Tenaz Energy (TSX: TNZ) U.S. Energy Development Corp. UpCurve Energy Verde Energy Solutions Vitesse Energy (NYSE: VTS) Whitecap Resources (TSX: WCP) Zephyr Energy (AIM: ZPHR; OTCQB: ZPHRF) Companies continue to be added to the schedule daily. Conference Overview Conference Details: EnerCom Denver offers investment professionals a unique opportunity to network and listen to senior management teams from leading companies across the energy Value Chain, update investors on their operational and financial strategies, and learn how they create value for stakeholders. Conference Dates: August 17–20, 2025. EnerCom will host its annual Charity Golf Tournament on Sunday, August 17th at the scenic Arrowhead Golf Club in Littleton, Colorado. Benefitting IN! Pathways to Inclusive Higher Education, the Golf Tournament requires a $150 charity donation to participate. Formal presentations and meetings will be held Monday, August 18th, through Wednesday, August 20th. Venue: Westin Denver Downtown. Please book rooms under the EnerCom Denver block. We encourage attendees to book their reservations as soon as possible, as rooms may sell out quickly. Who Attends the Conference: Institutional investors, family offices, high-net-worth investors, private equity, research analysts, retail brokers, trust officers, investment and commercial bankers, and energy industry professionals gather in Denver for the conference. Conference Format and Details: The EnerCom Denver conference follows EnerCom's familiar 25-minute presentation format, followed by 50-minute Q&A opportunities in separate breakout rooms, one-on-one meetings, and multiple networking opportunities. In addition to in-person access to all company presentations, panel discussions, and keynote speakers, conference registration allows investors and management teams to meet formally and informally over cocktails, breakfast, and lunch. About EnerCom, Inc.: Founded in 1994, EnerCom, Inc. has been a trusted advisor to the global energy industry, working with clients to differentiate and deliver targeted messages to investors. Headquartered in Denver, EnerCom is an internationally recognized strategic communications and management consultancy that advises companies on investor relations, corporate strategy/board advisory, fractional/interim CFO advisory services, marketing, financial analysis and valuation, media, branding, and visual communications design. For more information about EnerCom and its services, please visit or call (303) 296-8834 to speak with one of our consultants. EnerCom Denver Sponsors Include: Netherland, Sewell & Associates, Inc. (NSAI) Netherland, Sewell & Associates, Inc. (NSAI) was founded in 1961 to provide the highest quality engineering and geological consulting to the petroleum industry. Today they are recognized as the worldwide leader of petroleum property analysis to industry and financial organizations, and government agencies. With offices in Dallas and Houston, NSAI provides a complete range of geological, geophysical, petrophysical, and engineering services and has the technical experience and ability to perform these services in any of the onshore and offshore oil and gas producing areas of the world. They provide reserves reports and audits, acquisition and divestiture evaluations, simulation studies, exploration resources assessments, equity determinations, and management and advisory services. Haynes and Boone, LLP Haynes Boone is an energy-focused corporate law firm that provides a full spectrum of legal services and solutions to clients across the energy industry, including the upstream, midstream, and downstream sectors as well as power and renewables. Our team of more than 100 energy lawyers and landmen has been helping operators, lenders, and private equity firms with some of their most complex and significant transactions and disputes in recent years. The firm's nearly 700 lawyers practice across 19 global offices located in California, Colorado, Illinois, New York, North Carolina, Texas, Virginia, Washington, D.C., London, Mexico City, and Shanghai. The 2023 Chambers USA Legal Guide ranked 31 different firm practice areas, and in 2024, Haynes Boone became the first Am Law 100 firm to ever earn a Gold-level Bell Seal from Mental Health America. The U.S. News & World Report and Best Lawyers "Best Law Firms" 2023 survey ranked Haynes Boone in National Tier 1 in Oil & Gas Law. IMA IMA Financial Group is an independent broker, defining the future of insurance through comprehensive and consultative risk and wealth management services. A majority employee-owned and managed company, its 2,300-plus associates in offices across the country are empowered by a shared mission to manage risk, protect assets, and make a difference. Petrie Partners Petrie Partners, LLC is a boutique investment banking firm dedicated to the energy industry. The senior leadership has a multi-decade legacy of delivering specialized advice on mergers and acquisitions, asset transactions and valuations, and financings to the boards and managements of public, private, and sovereign entities. Petrie clients benefit from the independent, conflict-free perspective and unwavering advocacy of their best interests that the team brings to every engagement. Vitesse Energy Vitesse is a Denver-based company focused on returning capital to stockholders through owning and acquiring predominantly non-operated working interests in oil and gas properties in the Williston Basin of North Dakota and Montana. The Company also owns non-operated interests in the Central Rockies, including the Denver-Julesburg Basin and the Powder River Basin. Oil & Gas 360® The Media Sponsor of Enercom Denver, Oil & Gas 360® is a one-stop source of news, information, and analysis from the professionals at EnerCom, Inc. The website is dedicated to all things energy: people, technologies, transactions, trends, and macro-economic analysis that impact our industry. Oil & Gas 360 View original content to download multimedia: SOURCE EnerCom, Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Phillips 66 (NYSE:PSX) Urges Shareholders To Support Board Nominees And Proposals
Phillips 66 (NYSE:PSX) Urges Shareholders To Support Board Nominees And Proposals

Yahoo

time20-05-2025

  • Business
  • Yahoo

Phillips 66 (NYSE:PSX) Urges Shareholders To Support Board Nominees And Proposals

Phillips 66 recently issued a letter to shareholders ahead of its Annual Meeting to address core issues like board nominee qualifications, refining operations, and potential risks of a company breakup. Over the past month, the company's stock rose by 23%, contrasting sharply with the broader market's 1.6% gain during the same timeframe. Contributing to this significant increase, Phillips 66 announced a 65% stake sale in its fuel retail business in Germany and Austria, aiming to streamline its portfolio. Dividend increases and ongoing share repurchases may have further supported investor sentiment, reinforcing the company's upward price trajectory. We've identified 4 possible red flags for Phillips 66 (1 is a bit unpleasant) that you should be aware of. Uncover 16 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. The recent moves by Phillips 66, which include a sale of its majority stake in the fuel retail business in Germany and Austria, may help rationalize its portfolio and potentially streamline operations. This aligns with the narrative that the company is enhancing its refining operations and demonstrating effective capital allocation through share repurchases and dividend growth. These initiatives could ultimately bolster revenue and earnings forecasts by improving margin stability and competitiveness, though reliance on Midstream for stable cash flow may pose risks. Over the past five years, Phillips 66's shares delivered a total return of 96.49%, indicating strong long-term performance. However, over the past year, the company underperformed the US oil and gas industry, which experienced a decline of 6.9%. The recent 23% rise in share price in contrast to the broader market's minimal gain of 1.6% over the past month further signifies positive investor sentiment potentially driven by strategic divestitures and capital returns. Despite the current positive trajectory, analysts foresee a 3.8% annual revenue decline over the next three years, though higher profit margins, increasing from 1.3% to 4.0%, could enhance earnings, projected to rise to US$4.9 billion by May 2028. The current share price of US$105.39 remains below the analysts' consensus price target of approximately US$130.77, suggesting a potential upside as the market assesses Phillips 66's strategic pivots and future growth prospects. Gain insights into Phillips 66's past trends and performance with our report on the company's historical track record. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:PSX. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store