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Sable Offshore Corp. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky for More Information – SOC
Globenewswire· 2025-09-20 04:47
NEW YORK, Sept. 19, 2025 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Sable Offshore Corp. ("Sable Offshore Corp." or the "Company") (NYSE: SOC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Sable Offshore Corp. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded Sable Offshore securities between May 19, 2025 and Jun ...
DVN vs. OXY: Which Permian Basin Stock Has Better Growth Potential?
ZACKS· 2025-09-20 02:46
Key Takeaways DVN shows higher ROE, cheaper valuation, and a hedging strategy versus Occidental.OXY invests more heavily, focuses on debt reduction and avoids production hedges.DVN holds a U.S.-centric portfolio while OXY faces broader global exposure risks.The companies operating in the Zacks Oil-Energy sector continue to be a key driver of the global economy, delivering vital energy for transportation, manufacturing, electricity generation and various other sectors. Its operations encompass exploration, p ...
US drillers add oil and gas rigs for third week in a row, Baker Hughes says
Reuters· 2025-09-20 02:07
U.S. energy firms this week added oil and natural gas rigs for a third week in a row for the first time since February, energy services firm Baker Hughes said in its closely followed report on Friday. ...
Reconnaissance Energy Africa upsizes offering to C$18M on strong investor demand
Proactiveinvestors NA· 2025-09-20 00:45
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Vital Energy Announces AU$20 Million Loan
Newsfile· 2025-09-19 23:58
Calgary, Alberta--(Newsfile Corp. - September 19, 2025) - Vital Energy Inc. (TSXV: VUX) (the "Corporation") announces that it has entered into a loan agreement with an arm's length lender, for loan in the principal sum of AU$20,000,000 loan (the "Loan"). The Loan will be advanced in two instalments, matures on September 19, 2027, and funds advanced bear interest at a rate of 15% per annum, payable monthly. ‎Vital Energy Inc. is a publicly traded junior oil and gas company ("VUX" TSXV) whose primary focus i ...
Oil’s Choppy Week Sends Prices Drifting Lower on Glut Concerns
Yahoo Finance· 2025-09-19 23:45
A refinery in Martinez, California. Photographer: David Paul Morris/Bloomberg The oil market on Friday looked like did it for much of the week: choppy. Prices have been in a tug-of-war pattern for several days as traders take in conflicting signals on supply and weigh them against the outlook for the US economy. Repeated Ukrainian strikes on Russian energy assets along with global calls to place levies against Moscow’s crude have underpinned support. But so far, most experts still expect the market to mo ...
Fed Rate Cut Fails to Lift Oil as Inventories Weigh
Yahoo Finance· 2025-09-19 23:09
Oil prices ended the week slightly lower as U.S. inventory builds and oversupply fears outweighed the Federal Reserve’s long-awaited interest rate cut. oil oil oil oil oil oil oil gas gas Friday, September 19, 2025 The long-anticipated US Federal Reserve interest rate cut has failed to deliver a new bullish boost to oil prices, as the news was quickly offset by larger-than-usual US inventory builds and recurring concerns about OPEC+ policy leading inevitably to oversupply next year. Oil prices ar ...
3 Energy Stocks That Could Benefit from Geopolitical Tensions
MarketBeat· 2025-09-19 22:31
To the surprise of some investors, energy stocks  have quietly underperformed in 2025—especially oil and gas names. Despite steady U.S. production under the Trump administration, efficiency gains and subdued global demand have kept energy prices in check, giving consumers the upper hand. Lower oil and gas prices have also been a bright spot as inflation remains sticky in other areas of the economy. Yet, as history has shown, supply-demand dynamics can shift abruptly when geopolitical events disrupt markets. ...
SOC 1-WEEK DEADLINE ALERT: Lawsuit Accuses Sable Offshore (SOC) of Misleading Investors on Oil Production – Hagens Berman
Globenewswire· 2025-09-19 21:14
SAN FRANCISCO, Sept. 19, 2025 (GLOBE NEWSWIRE) -- A securities class-action lawsuit has been filed against Sable Offshore Corp. (NYSE: SOC) and its executives, alleging the company misled investors about the restart of its oil production off the California coast. The litigation, filed in California federal court, claims the company used a false press release to artificially inflate its stock price just before a secondary public offering (SPO), resulting in significant investor losses. Hagens Berman urges Sa ...
Reconnaissance Energy Africa to raise C$10M in equity offering; provides Kavango West update
Proactiveinvestors NA· 2025-09-19 20:36
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...