RBC adds 2 global oil and gas stocks to its superbly outperforming energy list
- RBC Capital Markets: Added Shell and Woodside Energy to its Global Energy Best Ideas list, outperforming the benchmark by nearly 200% since inception.
- Stock Adjustments: Removed Santos from the preferred energy stocks list while adding Shell and Woodside Energy.
- Performance Comparison: Stocks in RBC's list declined by just 0.5% last month, outperforming iShares Global Energy ETF which fell by 2.5%.
- Long-Term Growth: RBC's stock list surged by over 188% since 2013, surpassing iShares Global Energy ETF's growth of 38.2%.
- Shell and Woodside Energy Outlook: RBC analysts are positive on Shell's stock, expecting a 20% rise in the next 12 months. Woodside Energy's success with the Sangomar oil project and debt-to-equity ratio improvement are noted.
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BP Maintains Outlook, Hikes Dividend And Rolls Out $750 Million Share Buyback
Earnings Report: BP reported adjusted earnings of 90 cents per share for Q2 2025, exceeding expectations, but total revenue fell to $46.63 billion, below analyst projections. The company also reversed a loss from the previous year with a GAAP profit of $1.63 billion.
Future Outlook and Shareholder Returns: BP anticipates a slight decline in upstream production for Q3, while customer volumes are expected to rise. The company announced a quarterly dividend increase and a $750 million share buyback program, committing to return 30% to 40% of operating cash flow to shareholders.
BP And Shell See New Opportunities In Libya's Oil Fields
BP's Return to Libya: BP Plc plans to reopen its Tripoli office by late 2025 after signing a memorandum of understanding with Libya's National Oil Corporation (NOC) to explore new oil opportunities in the country, particularly in the Messla and Sarir fields.
Collaboration with Shell: The NOC has also partnered with Shell Plc to assess hydrocarbon prospects and conduct feasibility studies on the al-Atshan field, aiming to enhance Libya's energy sector through international cooperation and improve economic stability.
Shell Sees Lower Production, Softer Trading In Q2
Shell's Financial Outlook: Shell plc has released its updated financial outlook for Q2 2025, projecting a decline in upstream production and mixed results across various segments, including gas, marketing, chemicals, and renewables. The company anticipates stronger earnings in marketing but expects losses in renewables and corporate units.
Market Performance and Stock Reaction: Following the announcement, Shell shares fell by 2.88% to $69.85 in premarket trading, reflecting investor concerns over declining production and uncertain market conditions impacting overall cash flow.
iShares Global Energy Breaks Above 200-Day Moving Average - Bullish for IXC
52 Week Range of IXC: IXC's stock has a 52-week low of $33.89 and a high of $43.29, with the last trade recorded at $40.16.
Market Analysis Disclaimer: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
20 oil stocks passing a quality screen as investors wonder what Iran will do next
Investment Strategies: Investors can consider purchasing oil stocks through exchange-traded funds for a broad approach, but should conduct careful research when investing in individual oil companies to mitigate risks.
Geopolitical Risks: Following U.S. military actions against Iran, there are uncertainties regarding Iran's potential responses, including threats to disrupt oil flow through the Strait of Hormuz.
Monday's ETF Movers: URA, IXC
iShares Global Energy ETF Performance: The iShares Global Energy ETF is down approximately 2.1% in Monday afternoon trading, with Texas Pacific Land and APA shares declining by 3.1% and 2.8%, respectively.
Author's Opinion Disclaimer: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
BP Maintains Outlook, Hikes Dividend And Rolls Out $750 Million Share Buyback
Earnings Report: BP reported adjusted earnings of 90 cents per share for Q2 2025, exceeding expectations, but total revenue fell to $46.63 billion, below analyst projections. The company also reversed a loss from the previous year with a GAAP profit of $1.63 billion.
Future Outlook and Shareholder Returns: BP anticipates a slight decline in upstream production for Q3, while customer volumes are expected to rise. The company announced a quarterly dividend increase and a $750 million share buyback program, committing to return 30% to 40% of operating cash flow to shareholders.
BP And Shell See New Opportunities In Libya's Oil Fields
BP's Return to Libya: BP Plc plans to reopen its Tripoli office by late 2025 after signing a memorandum of understanding with Libya's National Oil Corporation (NOC) to explore new oil opportunities in the country, particularly in the Messla and Sarir fields.
Collaboration with Shell: The NOC has also partnered with Shell Plc to assess hydrocarbon prospects and conduct feasibility studies on the al-Atshan field, aiming to enhance Libya's energy sector through international cooperation and improve economic stability.
Shell Sees Lower Production, Softer Trading In Q2
Shell's Financial Outlook: Shell plc has released its updated financial outlook for Q2 2025, projecting a decline in upstream production and mixed results across various segments, including gas, marketing, chemicals, and renewables. The company anticipates stronger earnings in marketing but expects losses in renewables and corporate units.
Market Performance and Stock Reaction: Following the announcement, Shell shares fell by 2.88% to $69.85 in premarket trading, reflecting investor concerns over declining production and uncertain market conditions impacting overall cash flow.
iShares Global Energy Breaks Above 200-Day Moving Average - Bullish for IXC
52 Week Range of IXC: IXC's stock has a 52-week low of $33.89 and a high of $43.29, with the last trade recorded at $40.16.
Market Analysis Disclaimer: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.
20 oil stocks passing a quality screen as investors wonder what Iran will do next
Investment Strategies: Investors can consider purchasing oil stocks through exchange-traded funds for a broad approach, but should conduct careful research when investing in individual oil companies to mitigate risks.
Geopolitical Risks: Following U.S. military actions against Iran, there are uncertainties regarding Iran's potential responses, including threats to disrupt oil flow through the Strait of Hormuz.
Monday's ETF Movers: URA, IXC
iShares Global Energy ETF Performance: The iShares Global Energy ETF is down approximately 2.1% in Monday afternoon trading, with Texas Pacific Land and APA shares declining by 3.1% and 2.8%, respectively.
Author's Opinion Disclaimer: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.
