SPDR O&G Equip

Halliburton Executive Van H. Beckwith Sells ~198k Shares for $8.19M

SLB Reports Beat, Hits 52-Week High, Analysts Raise Targets as Insiders Sell

Halliburton Stock Hits New High as Redburn Raises Target to $49

Stephens Cuts Stake in Solaris Energy as Other Investors Increase Holdings and Insiders Trade

Kodiak Gas Services Launches $750 Million Common Stock Offering

BMO Raises Halliburton's Target Price to $45

Solaris Energy Infrastructure Expands Power Contract to 630 MW

Kodiak Gas Services released FY2026 Q1 earnings on May 11 Pre-Market (EST), actual revenue USD 345.76 M (forecast USD 340.43 M), actual EPS USD 0.2 (forecast USD 0.514)

Seadrill released FY2026 Q1 earnings on May 11 Pre-Market (EST), actual revenue USD 348 M (forecast USD 325.53 M), actual EPS USD -0.11 (forecast USD -0.2925)

SLB OneSubsea Completes Acquisition of Norwegian Envirex Group's Subsea Business

Solaris Energy Board Member Howard Keenan Sells Company Shares

Cactus released FY2026 Q1 earnings on May 7 After-Market EST, actual revenue USD 388.35 M (forecast USD 380.77 M), actual EPS USD -0.704 (forecast USD 0.5833)

Liberty Energy Subsidiary Signs $505 Million Supply Contract with Bergen Engines

Helmerich & Payne released FY2026 Q2 earnings on May 6 After-Market EST, actual revenue USD 932.36 M (forecast USD 948.69 M), actual EPS USD -0.59 (forecast USD -0.2272)

Helmerich & Payne released FY2026 Semi-Annual earnings on May 6 After-Market (EST), actual revenue USD 1.949 B, actual EPS USD -1.57

Halliburton's President Michael Casey Sold 20,348 Shares

SLDC Secures Drilling Contract for Kuwait's Mutriba Oilfield

Liberty Energy Chairman Sells Company Stock

Solaris Oilfield Infrastructure plans to issue $1.3 billion senior notes

Drummond Robert Wayne Jr Sells Patterson UTI Energy Stock

InMed Pharmaceuticals

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Amesite

CN Energy

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

NextNRG

Meiwu Tech

Generation Income Properties

MetaVia

OceanPal

MLPX

MLPA

EMLP

TPYP

AMLP

CRAK

Enterprise Products Partners presented an investor deck detailing the impact of a potential Strait of Hormuz closure, projecting a loss of 12-15 million barrels per day in hydrocarbon supply. Global inventories have decreased by 800 million barrels since March, with a 9 million barrels per day deficit. U.S. petrochemical margins improved significantly, and ethylene exports rose to 153,000 tons monthly. Pricing expectations for 2026 WTI vary, with a consensus at USD 58 and another estimate at USD 88.

PUBT

Occidental Petroleum

Enterprise Products Partner

GLOBAL X MLP & Energy Infra

SPDR Energy Select

Global X MLP

ISHRS S&P Glb Engy

First Trust North American Energy Infra Fd

United States Oil Fund LP

iShares US Oil Equip & Svcs

iShares US Oil & Gas Expl & Prod

VG Energy

Tortoise N Americ Pipe

SPDR O&G Ex & Prd

Alerian MLP

VanEck Oil Services ETF

VanEck Oil Refiners ETF

Pro Ultr Bloomberg Crude Oil

Us Brent Oil

Enterprise Products publishes investor deck on Strait of Hormuz closure supply shock

ECB Governing Council member Martin Kocher warns that a rate hike in June is unavoidable if the Hormuz Strait remains closed due to ongoing Middle East conflict, which could push eurozone inflation higher. He emphasized that the ECB's goal is medium-term price stability and that the duration of the conflict will significantly impact inflation predictions. Despite weak data, Kocher noted the Austrian economy's resilience and potential growth of 0.5% this year, contingent on the conflict's duration.

- ECB Governing Council member Martin Koch indicated that if the Strait of Hormuz remains closed and Middle Eastern conflicts persist, a rate hike on June 11 is unavoidable.  
- Koch emphasized the central bank's focus on mid-term price stability, warning that prolonged conflict could lead to higher inflation rates.  
- He noted that Austria's economy showed resilience in Q1, and growth could still reach 0.5% this year if tensions ease; however, external supply shocks limit government options.

Investinglive

ECB's Kocher warns June rate hike unavoidable if Hormuz stays shut

Baker Hughes shareholders approved a new 2026 long-term incentive plan at the annual meeting on May 19, 2026, authorizing a reserve of 9,500,000 shares of Class A common stock. Additionally, KPMG was ratified as the independent accounting firm for fiscal 2026, and the employee stock purchase plan was amended to increase the share pool to 14,408,532 shares.

Baker Hughes

Baker Hughes shareholders approve 2026 long-term incentive plan at annual meeting

The euro fell to $1.163 as the EU downgraded its growth forecast amid high oil prices due to Middle East unrest. The U.S. issued a temporary license for Russian oil shipments to stabilize markets affected by the Strait of Hormuz closure. EU officials warned of rising stagflation risks, with inflation increasing and growth declining, raising concerns about prolonged economic strain.

Currencyshares Euro Trust

Euro falls as EU cuts growth forecast amid oil shock

RSPG

ENFR

Baker Hughes Co. (BKR) shares fell 1.11% to $65.47 on Tuesday, underperforming compared to competitors. The S&P 500 Index dropped 0.67%, while the Dow Jones fell 0.65%. Baker Hughes is 7.02% below its 52-week high of $70.41. Competitors' performances varied, with Caterpillar down 0.44%, SLB down 0.66%, and Halliburton up 0.47%. Trading volume was 8.4 million, below the 50-day average of 9.3 million.

MarketWatch Automated

Invesco S&P 500 Equal Weight Energy ETF

Alerian Energy Infrastructure ETF

S&P 500

Dow Jones Industrial Average

Caterpillar

Halliburton

Baker Hughes Co. Stock Underperforms Tuesday When Compared To Competitors

Williams Cos. (WMB) shares rose 2.20% to $79.40, outperforming competitors on a weak trading day for the stock market. The S&P 500 fell 0.67% and the Dow Jones dropped 0.65%. Williams Cos. reached a new 52-week high, surpassing its previous peak of $78.31. Trading volume was 8.4 million, above the 50-day average of 6.3 million.

Williams

Us Natural Gas

Kinder Morgan Holdco

Factset Research

Williams Cos. Stock Outperforms Competitors On Strong Trading Day

The American Petroleum Institute (API) reported a decline in U.S. gasoline inventories by 5.795 million barrels for the week ending May 15, exceeding the expected drop of 2.11 million barrels. This follows a previous week's increase of 502,000 barrels.

CoinLive

iShares US Energy

U.S. API Gasoline Inventory Declines by 5.795 Million Barrels

Chevron Corp. (CVX) shares rose 1.50% to $197.25 on a weak trading day for the market, marking its seventh consecutive gain. The stock remains 8.13% below its 52-week high of $214.71. Competitors Exxon Mobil Corp. and ConocoPhillips also saw gains, but Chevron outperformed them. Trading volume was below the 50-day average.

Chevron

Direxion Daily Energy Bull 2X

Exxon Mobil

ConocoPhillips

Chevron Corp. Stock Outperforms Competitors On Strong Trading Day

.SPX

Rising bond yields and fears of a potential Fed rate hike led to a global market selloff, with the S&P 500 experiencing its longest losing streak since March. Oil prices remained above $100 amid the ongoing Iran conflict.

Unusual Whales

VG S&P 500

SPDR S&P 500

iShares Core S&P 500

RISING BOND YIELDS AND FEARS OF A POSSIBLE FED RATE HIKE TRIGGERED A GLOBAL MARKET SELLOFF, WITH THE S&P 500 POSTING ITS LONGEST LOSING STREAK SINCE MARCH AS OIL REMAINED ABOVE $100 AMID THE IRAN CONFLICT.

PTEN

Patterson-UTI Energy has completed a USD 500 million offering of 6.05% Senior Notes due 2036. Proceeds will be used to redeem outstanding 3.95% Senior Notes due 2028 and for general corporate purposes. The notes pay interest semi-annually and can be redeemed at a specified price before Feb. 15, 2036.

Patterson-UTI Energy

Patterson-UTI prices USD 500 million 6.05% senior notes due 2036

SPDR O&G Equip(XES.US)