Blackrock Energy & Res Trust

Shell plc Completes Stock Repurchase Worth Over 62 Million Pounds and 35 Million Euros

BMO Capital Markets Cuts EOG Resources Target Price to $126

US Bureau of Ocean Energy Management Adjusts Gulf of Mexico Oil and Gas Lease Auction High Bid

Hungary's MVM Signs Five-Year LNG Purchase Agreement with Chevron

Chevron Australia Awards Subsea7 the Gorgon Phase 3 Subsea Installation Contract

Shell Makes Final Investment Decision on Kaikias Water-flood Project in Gulf of Mexico

TotalEnergies India Marketing and Energy Core Lanka Launch New Lubricant

Shell Opens Data Room to Seek Share Sale Bids

Subsea 7 SA wins Chevron subsea installation contract

TotalEnergies SE Signs Renewable Energy Agreement with Google for Malaysian Data Center

TotalEnergies SE Sells Partial Interest in Malaysia's SK408 Block

ExxonMobil Launches New Facility in Jurong Island, Singapore

ExxonMobil VP Sells Company Common Stock

Chevron cuts Venezuela oil prices after tanker seizure

US Treasury Rejects Xtellus Partners' Bid for Lukoil Assets Due to Sanctions

TotalEnergies SE completes 200 million euro share repurchase

Jefferies Downgrade Chevron's Target Price to $174

Barclays analyst reiterates buy rating on ExxonMobil with a target price of $130

Syrian Energy Minister Announces Gas and Oil Production Targets

Taylor Stone Wealth Management Increases Stake in ExxonMobil

Vision Marine Tech

AMC Robotics

B Riley Financial

Cementos Pacasmayo Saa 

Everbright Digital

Adagio Medical

Emerald

ChowChow Cloud

AdvisorShares MSOS 2x Daily ETF

Biodexa Pharmaceuticals

Exxon Mobil Corp. shares fell 2.62% to $114.68 on Tuesday, marking the third consecutive day of losses. The stock underperformed compared to competitors Chevron Corp. and ConocoPhillips, which fell 2.04% and 3.80%, respectively. Exxon Mobil closed 5.07% below its 52-week high, with trading volume surpassing its 50-day average. The S&P 500 and Dow Jones also experienced declines.

- Shares of Exxon Mobil Corp. (XOM) fell 2.62% to $114.68 amid a decline in the overall stock market, with the S&P 500 and Dow Jones both experiencing losses.  
- This decline marks the third consecutive day of losses for Exxon Mobil, which is now 5.07% below its 52-week high reached on November 11th.  
- Trading volume for Exxon Mobil surpassed its 50-day average, indicating heightened market activity despite the downturn.

Dow Jones

Exxon Mobil

Exxon Mobil Corp. Stock Underperforms Tuesday When Compared To Competitors

EOG Resources Inc. will present at the Goldman Sachs Energy, CleanTech and Utilities Conference on January 7. Ann Janssen, Executive Vice President and CFO, will represent the company. The presentation is scheduled for 9:15 a.m. Central time (10:15 a.m. Eastern time).

Reuters

EOG Resources

EOG Resources to Present at Goldman Sachs Energy Conference

Chevron's stock fell 0.4% in premarket trading as crude oil prices dropped amid improved prospects for a Russia-Ukraine peace deal, raising hopes for eased sanctions.1Chevron has secured a five-year deal with Hungary's MVM to supply two billion cubic meters of liquefied natural gas, boosting energy cooperation and diversifying Hungary's energy sources.2

TradingView

Chevron

Key facts: Chevron's stock dips 0.4%; secures LNG deal with Hungary

SHEL

SHEL.WI

Shell PLC's short interest has decreased by 6.35%, indicating a potential bullish sentiment. Currently, 0.59% of shares are sold short, taking 2.19 days to cover. Compared to peers, Shell has lower short interest, with the peer average at 3.72%. Decreasing short interest can signal bullish sentiment, though it doesn't guarantee a stock rise.

benzinga_article

Shell

Shell PLC

Is the Market Bullish or Bearish on Shell PLC?

Shell shares fell due to lower oil prices and warmer weather forecasts. The company’s subsidiary made a final investment decision on a waterflood project at its Kaikias field in the U.S. Gulf of America, expected to start in 2028. The project aims to enhance oil recovery and extend the Ursa platform’s production life. Shell also finalized deals with Equinor ASA and ADNOC. Shell shares were down 2.21% at $70.63.

Shell Moves To Maximize Gulf Oil Returns With Fresh Kaikias Investment

Shell plc completed a share buyback worth over 62 million GBP and 35 million EUR on December 16, 2025. The transactions were conducted across multiple trading venues, adhering to UK and EU regulations. The volume weighted average price per share was 26.31 GBP on the LSE and 30.08 EUR on XAMS.

Shell plc completes share buyback worth over 62 million GBP and 35 million EUR

EOG Resources (NYSE:EOG) shares hit a new 52-week low after BMO Capital Markets downgraded its price target from $130 to $126. The stock traded as low as $102.35, closing at $102.2920. Despite the downgrade, BMO maintains an outperform rating. Other analysts have mixed ratings, with a consensus price target of $139.29. Institutional investors have adjusted their positions, with 89.91% of the stock owned by hedge funds and institutions. EOG Resources reported strong quarterly earnings, beating estimates with $2.71 EPS and $5.85 billion revenue.

Market Beat

EOG Resources (NYSE:EOG) Reaches New 52-Week Low Following Analyst Downgrade

The U.S. Bureau of Ocean Energy Management revised the total high bids for a Gulf of Mexico oil and gas lease auction to $300.4 million, up by $21 million from the initial report. The revision includes three previously omitted bids, with the highest bid of $18.6 million from Chevron for tracts in the Keithley Canyon area.

US revises up Gulf of Mexico oil and gas auction total 

The FTSE 100 index fell by 0.7% on Tuesday, driven by declines in oil and defense stocks amid a sell-off in the oil market and speculation of a resolution to the Russia-Ukraine war. BP and Shell saw significant drops, while UK economic data showed a cooling labor market and mixed business activity. The US labor market also showed signs of strain, with rising unemployment. European markets, including the CAC 40 and DAX 40, also experienced declines.

marketscreener

BP PLC-Spons

FTSE 100 dips as BP and Shell fall amid oil slide

Hungary's state-owned MVM group has signed a 5-year agreement with U.S. energy company Chevron to supply 2 billion cubic metres of LNG. This deal marks a significant step in American-Hungarian energy cooperation, despite Hungary's reliance on Russian energy. The EU plans to phase out Russian gas by 2027, a move Hungary opposes. Hungary has secured a temporary waiver from U.S. sanctions to use Russian energy, while also committing to U.S. LNG purchases worth $600 million.

Chevron to supply Hungary with 2 billion cubic metres of LNG, minister says

U.S. natural gas companies' shares fell due to milder weather forecasts, leading to a 2.2% drop in natgas futures to $3.924 per million BTU, marking a six-week low. Companies like CNX Resources, EQT Corp, and Cheniere Energy saw declines, while ETFs like United States Natural Gas Fund and ProShares Ultra Bloomberg Natural Gas also dropped significantly.

CNX Resources

Cheniere Energy

BUZZ-US natgas companies fall on milder weather forecasts

EQNR

Energy stocks are declining premarket Tuesday, with the State Street Energy Select Sector SPDR ETF down 0.7%, US Oil Fund down 1.9%, and US Natural Gas Fund down 3.6%. Crude oil and natural gas futures also fell. TotalEnergies and Equinor shares dropped over 1% due to company-specific news, while Chevron shares were 0.8% lower.

fidelity

Equinor Asa

Sector Update: Energy Stocks Decline Premarket Tuesday

LONDON, Dec 16 (Reuters) - Oil major Shell (SHEL.L) has taken a final investment decision on a waterflood project at its Kaikias field in the U.S. Gulf of Mexico, aiming to boost oil recovery and extend the life of its Ursa platform.The project is expected to add 60 million barrels of oil equivalent to recoverable resources. First injection is slated for 2028 and is due to extend Ursa’s production lifecycle by several years.

Shell invests in U.S. Gulf waterflood project to boost oil recovery

Chevron Australia has awarded Subsea7 a contract for subsea installation work on the Gorgon Stage 3 project offshore Australia. The contract includes project management, engineering, procurement, fabrication, transportation, installation, and pre-commissioning of subsea equipment at water depths of about 1,350 meters. Project management and engineering work will start immediately from Perth, with support from Kuala Lumpur and Paris. Offshore operations are expected to begin in 2028.

Chevron Australia Awards Gorgon Stage 3 Subsea Installation Contract to Subsea7