Hwabao WP S&P Oil & Gas Exploration & Production Selected Industry Index Fund(LOF)-A(CNY)

Chevron's Board Approves Charter Revision

Goldman Sachs Raises EQT Price Target to $70

Valero Energy to Release 2025 Q4 and Full Year Earnings in January 2026

Chevron Approves $3 Billion Gorgon Phase 3 Development Project

Gorgon Joint Venture Participants Make Final Investment Decision for Gorgon Phase III Development Project

Chevron Sends Employees to Venezuela's Oil Fields Despite FAA Warning

Chevron Plans Capital Expenditure and Acquires Nigerian Offshore Block Shares for 2026

Marathon Petroleum Reports Unplanned Flaring at Wilmington Refinery

Chevron Plans to Increase Investment in Offshore Drilling Projects Next Year

Chevron to Invest $17B in Upstream Business

Chevron expects global offshore capital expenditure to be around 7 billion USD

Chevron Announces Upstream Budget of $17 Billion

Chevron Plans to Spend $18B-$19B in 2026 on US and Guyana Oil Production and Acquires Hess

HF Sinclair Corp CEO Discloses Sale of Shares

NWE gasoline refining margin rises to $16.56 per barrel

Valero Plans Upgrade to Texas Refinery

Syrian President Meets with Chevron and Syrian Petroleum Company Representatives to Discuss Cooperation

Beacon Pointe Advisors LLC Increases Chevron Holdings

Northwest Mutual Wealth Management Increases Holdings in Valero Energy

TotalEnergies and Chevron Form Joint Venture for Offshore Exploration in Nigeria

Chevron Corp.'s stock fell 1.48% to $150.00 on Friday, underperforming compared to competitors like Exxon Mobil and ConocoPhillips. This decline ended a two-day winning streak, with the stock closing 11.22% below its 52-week high. Trading volume was significantly higher than the 50-day average. The overall market saw gains, with the S&P 500 and Dow Jones rising.

Dow Jones

Chevron

Chevron Corp. Stock Underperforms Friday When Compared To Competitors

Chevron Corporation's Board of Directors has approved amendments to its bylaws, effective December 3, 2025, to simplify officer titles and align them with industry practices. The changes also provide flexibility in creating and designating corporate officers. This announcement was made via EDGAR by Chevron Corporation.

Reuters

Chevron Streamlines Bylaws to Modernize Officer Titles

U.S. natural gas companies' shares rose as natural gas futures hit a 35-month high, driven by speculative buying amid extreme cold and high LNG export flows. CNX Resources increased by ~4%, while Expand Energy and EQT Corp both rose by ~2%. ETFs like United States Natural Gas Fund and ProShares Ultra Bloomberg Natural Gas also saw gains of 5% and 10%, respectively.

CNX Resources

BUZZ-US natgas companies climb as futures rise to 35-month high

FANG

Energy companies' stocks rise as crude prices increase, driven by expectations of a U.S. Federal Reserve rate cut and geopolitical supply concerns. The S&P 500 energy index is up 0.5%, with Brent crude futures and U.S. West Texas Intermediate crude both rising by 1%. Top gainers include Exxon, Expand Energy, EQT Corp, Diamondback Energy, SLB, Halliburton, Phillips 66, and Valero Energy, with increases ranging from 1.1% to 2.5%.

Diamondback Energy

Valero Energy Corp New

BUZZ-Energy companies rise as crude prices gain on Fed rate-cut signals, supply concerns

West African crude oil markets were quiet, with TotalEnergies bidding for Forcados cargo at dated Brent plus $2.40. Falling distillate refining margins balanced steady freight rates. Chevron plans to participate in Nigeria's next oil licensing round and deploy a drilling rig in 2026, while TotalEnergies shows interest in joining an auction.

TotalEnergies SE

W.Africa Crude-Market quiet, Total bids for Forcados

Chevron plans to join Nigeria's next oil licensing round and deploy a drilling rig in 2026 to expand its operations. The company aims to grow its footprint in Nigeria, citing improved regulatory clarity under the Petroleum Industry Act. Chevron recently acquired a 40% stake in two offshore exploration licenses from TotalEnergies and plans to drill near Agbami. The company has experienced improved security with no oil theft or sabotage in the past year.

Chevron to join Nigeria oil licence auction, plans rig deployment in 2026

The Goldman Sachs Group has raised its price target for EQT from $66.00 to $70.00, maintaining a "buy" rating, indicating a potential 14.09% upside. Other analysts have varied ratings, with a consensus target price of $63.83. EQT's stock recently traded at $61.36, with a market cap of $38.29 billion. The company reported a quarterly EPS of $0.52, surpassing estimates, and a revenue increase of 52.6% year-over-year.

Market Beat

EQT (NYSE:EQT) Given New $70.00 Price Target at The Goldman Sachs Group

Valero Energy Corporation will announce its Q4 and full year 2025 earnings on January 29, 2026, before market opening. A conference call will follow at 10:00 a.m. ET, accessible via a live webcast on their Investor Relations website.

Valero Energy Corporation to Release Fourth Quarter and Full Year 2025 Earnings Results

Energy stocks edged higher premarket Friday, with XLE slightly advancing. USO fell 0.3%, while UNG rose 4.3%. WTI crude oil and Brent crude oil both decreased by 0.1%, while natural gas futures increased by 3.8%. BP is in talks to sell its Castrol business, with its stock down over 2%. NFE shares rose over 6% after approval of a Gas Supply Agreement. Chevron and partners made a final investment decision on the Gorgon Stage 3 development. Shell shares fell over 1% premarket.

fidelity

Sector Update: Energy Stocks Edge Higher Premarket Friday

Venture capital firms EQT, PAI Partners, and Stone Point are the preferred bidders for German insurance broker Global Group, according to sources familiar with the matter who spoke to Bloomberg News. Global Group is estimated to have a price tag of around €2 billion, according to sources. The company is backed by private equity firm Castik Capital.Global operates in Germany, Austria, Switzerland, and the Netherlands.

marketscreener

Sources: EQT among bidders for German insurance broker Global Group - BN

Chevron Australia and Gorgon JV participants take final investment decision on Gorgon stage 3 development

Chevron Australia and Gorgon JV participants take final investment decision on Gorgon stage 3 development

Chevron Corp :CO, GORGON JV PARTICIPANTS TAKEN FINAL INVESTMENT DECISION ON GORGON STAGE 3 DEVELOPMENTDEVELOPMENT INVOLVES INSTALLATION OF 3 MANIFOLDS, 35KM PRODUCTION FLOWLINE AMONG OTHER ASSOCIATED INFRASTRUCTUREA$3 BILLION BACKFILL DEVELOPMENT CONNECTS OFFSHORE GERYON & EURYTION NATURAL GAS FIELDS TO GORGON’S FACILITIES ON BARROW ISLAND

Chevron Australia & Gorgon JV Participants Takes Final Investment Decision On Gorgon Stage 3 Development

Chevron's Australian unit announced a $2 billion investment in the Gorgon Stage 3 development off Western Australia's coast. The project, a joint venture with Exxon Mobil, Shell, Osaka Gas, JERA, and MidOcean, aims to connect offshore gas fields to existing infrastructure, ensuring long-term gas supply for Western Australia and LNG for Asia. Gorgon can produce 300 terajoules of gas daily for the local market and 15.6 million tonnes of LNG annually.

Chevron-operated Gorgon project secures $2 billion investment nod

EQT's stock has risen 4% in the past week and 10% over the past month, driven by improved gas market sentiment. The share price is $61.17, with a 90-day return of 18% and a 1-year return of 39%. Analysts suggest EQT is undervalued, with a fair value of $64, supported by structural demand shifts and U.S. LNG export capacity. Risks include decarbonization policies and infrastructure bottlenecks. EQT trades at a 21.4x PE ratio, higher than industry peers, indicating limited upside if sentiment cools.