Eco (Atlantic) Oil & Gas highlighted potential exposure to about 225 million barrels of prospective oil at the PL001 licence in the North Falkland Basin, where partner Navitas Petroleum plans exploration drilling in early 2027. Navitas estimates the target holds a 2U prospective resource of 640 million barrels, with Eco's share based on its acquisition of JHI Associates and a successful drill. A discovery could link back to the Sea Lion platform, part of Navitas's North Falkland development. Eco also updated offshore South Africa's Block 1 CBK, indicating 4.5 trillion cubic feet of gas and 3.6 billion barrels of oil in prospective resources, pending regulatory approval and further seismic work.
EOG Resources continues to generate record free cash flow thanks to high oil prices and disciplined capital management. The company has returned 64% of its free cash flow to shareholders this year through dividends and buybacks, slightly below its 70...
In 2026, Occidental Petroleum led oil and gas stocks with a 46% gain, slightly ahead of EOG Resources and ConocoPhillips, both up 43%. The sector ETF XOP rose 45%, outperforming two of the three companies and nearly matching Occidental. This tight ra...
In 2026, the SPDR Portfolio S&P 500 High Dividend ETF (SPYD) has seen its quarterly dividend payments increase compared to 2025, while the SPDR Portfolio High Yield Bond ETF (SPHY) has experienced a consistent decline in its monthly distributions. SP...
