Transocean (NYSE:RIG) today announced an agreement to acquire Valaris in an all-stock transaction valued at approximately $5.8 billion, creating the industry’s largest offshore drilling contractor by fleet size and backlog.
Plains GP Holdings (NASDAQ:PAGP) reported a fourth-quarter profit that missed analyst estimates on both the top and bottom lines, as lower commodity prices and contract resets in the Permian Basin offset gains from recent pipeline acquisitions.
LG Energy Solution will take 100% ownership of NextStar Energy, Canada’s premier commercial-scale battery facility, as partner Stellantis (NYSE:STLA) moves to divest its 49% stake in a strategic pivot toward leaner operations.
Xcel Energy (NASDAQ:XEL) closed a transformative fiscal 2025 on Thursday, delivering on its earnings guidance for the 21st consecutive year while simultaneously navigating a complex legal landscape in Texas and Colorado.
Dorian LPG (NYSE:LPG) reported a resilient third-quarter performance on Thursday, overcoming significant logistical delays in the U.S. Gulf Coast to maintain its position as a top-tier capital returner in the shipping sector.
London-based Shell (NYSE:SHELL) reported fourth-quarter 2025 adjusted earnings of $3.3 billion, or $1.14 per share, falling short of the $1.21 consensus estimate amid lower commodity prices and weaker marketing margins.
VAALCO Energy (NYSE:EGY) announced an agreement to divest its Canadian assets on Thursday, a strategic pivot that allows the Houston-based independent to concentrate capital on its high-margin drilling campaigns across Gabon and Egypt.
Eaton (NYSE:ETN) shares tumbled Tuesday after the power management leader issued a fiscal 2026 forecast that trailed analyst expectations, despite delivering record-breaking fourth-quarter results fueled by the global energy transition.
MPLX LP (NYSE:MPLX) reported fourth-quarter and full-year 2025 results on Tuesday, delivering record adjusted EBITDA of $7 billion and reinforcing its position as a primary cash engine for parent company Marathon Petroleum (NYSE:MPC).
Equinor (NYSE:EQNR) has agreed to divest its entire onshore portfolio in Argentina’s prolific Vaca Muerta shale basin to Vista Energy (NYSE:VIST) in a transaction valued at approximately $1.1 billion.
Devon Energy (NYSE:DVN) and Coterra Energy (NYSE:CTRA) announced a definitive agreement on Monday to combine in an all-stock merger, creating a premier independent shale producer with a dominant footprint in the Delaware Basin.
Alliance Resource Partners (NASDAQ:ARLP) reported a massive surge in fourth-quarter profitability on Monday, as record oil and gas royalty volumes and improved coal operational efficiency drove a triple-digit increase in net income.
