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California Resources reports leak at San Ardo oil field in Monterey County, California

NEW YORK, Dec 5 (Reuters) - California Resourceson Friday reported a leak at San Ardo Oil Field in Monterey County, California, filing shows.A discharge of 93 barrels of produced water and 3 barrels of oil was found coming from a group line pipe, according to the filing.The flow to the pipe has been shut and the release has been stopped, California Resources said in the filing.

Reuters·
US
CRC
-0.21%
Reuters·
US
CRC
-0.21%

Wells Fargo Says These 2 Energy Stocks Could Heat Up in 2026

Wells Fargo analyst Sam Margolin recommends California Resources (NYSE:CRC) and Tamboran Resources (NYSE:TBN) as promising energy stocks for 2026. Both companies have unique asset mixes and upcoming catalysts. California Resources is notable for its oil and gas production in California and its involvement in carbon capture and storage projects. Despite a recent revenue miss, the company shows potential in its decarbonization efforts. Both stocks have Strong Buy ratings from Wall Street, indicating positive investor sentiment.

Tip Ranks·
US
TBN
+1.63%
US
CRC
-0.21%
Tip Ranks·
US
TBN
+1.63%
US
CRC
-0.21%

Peabody Energy Corporation (NYSE:BTU) Receives Average Rating of "Hold" from Brokerages

Peabody Energy Corporation (NYSE:BTU) has received an average "Hold" rating from seven analysts. The stock has mixed recommendations: two "sell," one "hold," and four "buy." The average 12-month price target is $27.00. Recent analyst actions include Benchmark raising its price target to $32.00 and Zacks Research downgrading to "strong sell." Peabody's stock opened at $29.54, with a market cap of $3.59 billion. The company reported a quarterly revenue of $1.01 billion, down 7% year-over-year.

Market Beat·
US
BTU
-1.66%
Market Beat·
US
BTU
-1.66%

Frontier TopCo Partnership Reports Disposal of Kodiak Gas Services Inc. Common Shares

Frontier TopCo Partnership, L.P. has reported the disposal of common shares of Kodiak Gas Services Inc., as per a recent SEC filing. The filing includes Frontier TopCo Partnership, L.P. and other beneficial owners. This information was published by Kodiak Gas Services Inc. via the SEC's EDGAR system on December 03, 2025.

Reuters·
US
KGS
+1.02%
Reuters·
US
KGS
+1.02%

EQT completes public offering of common stock of Kodiak Gas Services

EQT Infrastructure III and IV completed a public offering of 9,762,573 shares of Kodiak Gas Services' common stock, raising approximately USD 335.5 million. The offering was underwritten by Goldman Sachs & Co. LLC and completed on December 2, 2025. Kodiak did not sell any shares or receive any proceeds from the sale.

Reuters·
US
KGS
+1.02%
Reuters·
US
KGS
+1.02%
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