Gulf Keystone Petroleum has resumed production and exports from its Shaikan oil field in Kurdistan, with output nearing 40,000 barrels per day after earlier shutdowns due to security issues. Despite a 67% drop in average production in the first half of the year, the company’s adjusted EBITDA rose 26% to $51.7 million thanks to higher export prices and lower operating costs. Gulf Keystone declared a $10 million interim dividend, payable on September 28, and reported a strong cash position of $63.5 million with no debt. The company is also advancing its PF-2 water handling project, aiming to boost production by 4,000–8,000 barrels per day in early 2027.
The U.S. SEC declared Evernorth Holdings' Form S-4 registration effective, allowing Armada Acquisition Corp. II shareholders to vote on the proposed merger on September 30, 2026. This merger would create a Nasdaq-listed company under the ticker XRPN,...
VictoryShares US Value Momentum ETF (ULVM) received a Hold rating because, despite its strong year-to-date performance, it faces long-term vulnerabilities. The ETF combines value and momentum investment strategies but leans towards low volatility, wh...
Bitcoin DeFi lending involves depositing BTC-related assets as collateral to borrow or supply liquidity, with returns from borrower interest or fees. Different lending models—pooled, isolated, stablecoin-backed, native BTC, and custodial—vary in risk...
The article provides a detailed guide on selecting the appropriate Bitcoin DeFi wallet based on different workflows like Bitcoin-native, Stacks, and EVM-compatible layers. It reviews wallets such as Xverse, Leather, MetaMask, and Ledger, highlighting...
The memecoin sector led gains last week with a 16% average return, second only to Layer 2 tokens. Bitcoin's 10% rise helped boost altcoin sentiment. SPX6900, a memecoin parody of the S&P500, soared 60% over the week, with Open Interest jumping nearly...
