Today: 7 February 2026
Subscribe
Browse Category

Energy Sector News 6 January 2026 - 7 January 2026

Chevron stock price forecast: CVX slips as $22 bln Lukoil bid talk and Venezuela oil control jolt the outlook

Chevron stock price forecast: CVX slips as $22 bln Lukoil bid talk and Venezuela oil control jolt the outlook

NEW YORK, January 7, 2026, 15:29 EST — Regular session Chevron fell 0.9% to $155.17 in afternoon trade after Reuters reported private equity group Quantum Energy Partners is working on a bid that could involve the U.S. oil major for Lukoil’s international assets. A Chevron spokesperson said the company “continues to assess potential opportunities,” but declined to comment on commercial matters. Reuters The Chevron stock price forecast is suddenly less about refinery margins and more about politics, with Washington moving to take a hand in Venezuelan crude sales. “We need to have that leverage and that control of those oil
7 January 2026
···
Why Vistra stock is sliding after the $4.7 billion Cogentrix deal

Why Vistra stock is sliding after the $4.7 billion Cogentrix deal

New York, January 7, 2026, 14:57 EST — Regular session Vistra Corp (NYSE:VST) shares fell about 8% to $155.93 on Wednesday afternoon. The stock was down $13.60 from its previous close. Moody’s affirmed Vistra’s Ba1 corporate family rating but revised its outlook to stable from positive after the company agreed to buy a 5.5-gigawatt gas portfolio from Cogentrix. The agency cited Vistra’s “acquisitive appetite and financial policy,” saying the transaction delays the company’s expected deleveraging. Investing.com Vistra announced on Monday it would buy Cogentrix Energy from Quantum Capital Group for about $4.7 billion, adding 10 natural gas plants across PJM,
7 January 2026
··
Valero Energy stock jumps 4% as California imports plan and Venezuela oil headlines hit refiners

Valero Energy stock jumps 4% as California imports plan and Venezuela oil headlines hit refiners

New York, January 7, 2026, 14:27 (ET) — Regular session Valero Energy Corp shares rose 4.4% to $186.08 in afternoon trade on Wednesday after the refiner said it will keep importing gasoline into Northern California as it idles its 145,000-barrel-per-day Benicia refinery in April 2026. Valero plans to begin idling process units in February for mandatory state inspections and expects most units to be properly shut down by April; California Governor Gavin Newsom called the move a “constructive shift” and Valero said it will meet contractual supply obligations by drawing on inventories and imports. The stock hit $191 earlier; Marathon
7 January 2026
··
Bloom Energy stock jumps 7% as traders revisit Wells Fargo $600 million credit line

Bloom Energy stock jumps 7% as traders revisit Wells Fargo $600 million credit line

NEW YORK, January 7, 2026, 13:10 EST — Regular session Bloom Energy (BE) shares rose 7.5% to $110.82 in afternoon trading on Wednesday, after touching $112.38 earlier in the session. The stock traded between $103.75 and $112.38 on volume of about 10.2 million shares. The move keeps focus on Bloom, which sells solid-oxide fuel cells that generate electricity without combustion and can be deployed as on-site microgrids when grid power is scarce. “Leaders in the AI industry … do not enjoy the luxury of being able to wait for traditional grid infrastructure,” Bloom’s chief commercial officer Aman Joshi said in
7 January 2026
··
Chevron stock edges higher as $22 billion Lukoil-bid talk collides with Venezuela supply headlines

Chevron stock edges higher as $22 billion Lukoil-bid talk collides with Venezuela supply headlines

New York, Jan 7, 2026, 11:28 EST — Regular session Chevron Corp shares inched up on Wednesday as investors digested a report that private equity group Quantum Energy Partners is working on a bid that could involve Chevron for the international assets of Russia’s Lukoil, even as weaker oil prices kept a lid on energy stocks more broadly. The stock was up 0.1% at $156.68 by late morning in New York, after trading between $155.19 and $159.60; Exxon Mobil was down about 1.2%, ConocoPhillips fell 1.3% and Occidental Petroleum slid 1.5%. Reuters The timing matters. A possible transaction for sanctioned-era
7 January 2026
··
Oil stocks, USO ETF slide in premarket as Trump Venezuela crude plan stirs supply fears

Oil stocks, USO ETF slide in premarket as Trump Venezuela crude plan stirs supply fears

New York, January 7, 2026, 07:34 EST — Premarket U.S. oil stocks and oil-linked exchange-traded funds slipped in premarket trading on Wednesday as crude prices fell after President Donald Trump said the United States struck a deal to import up to $2 billion worth of Venezuelan crude. Brent futures were at $60.59 a barrel and U.S. West Texas Intermediate (WTI) at $56.86 by 1104 GMT. “Market participants seem to believe now that those volumes could be smaller,” UBS analyst Giovanni Staunovo wrote, though Morgan Stanley has flagged a possible surplus of up to 3 million barrels per day in early
7 January 2026
···
BP stock slides in London as Trump-Venezuela crude deal weighs on oil prices

BP stock slides in London as Trump-Venezuela crude deal weighs on oil prices

London, January 7, 2026, 10:20 GMT — Regular session BP shares fell 3.1% in early London trading, tracking a drop across European energy stocks after U.S. President Donald Trump flagged a deal to bring Venezuelan crude into the United States. Rival Shell slid 2.4%, and the European energy index fell 1.7%. Reuters Oil prices weakened as investors weighed the prospect of extra barrels in a market already bracing for ample supply. Brent, the global crude benchmark, fell to $60.35 a barrel and U.S. West Texas Intermediate (WTI) slipped to $56.61; UBS analyst Giovanni Staunovo said Trump’s post “put downward pressure
7 January 2026
Exxon Mobil stock slides 3% as oil falls on Venezuela supply bets; investors eye next catalyst

Exxon Mobil stock slides 3% as oil falls on Venezuela supply bets; investors eye next catalyst

New York, January 6, 2026, 18:40 EST — After-hours Exxon Mobil Corp shares fell 3.4% to $121.05 on Tuesday, after trading between $121.01 and $126.11. Oil prices slid as the market weighed expectations of ample global supply in 2026 against uncertainty over Venezuelan output after the U.S. capture of President Nicolas Maduro. Brent settled down 1.7% at $60.70 a barrel and U.S. West Texas Intermediate fell 2% to $57.13, while Morgan Stanley analysts warned the balance could tip into a surplus of as much as 3 million barrels a day in the first half. “Oil supply will be sufficient in
7 January 2026
···
UNG slides as warm-weather outlook drives U.S. natural gas-linked stocks lower

UNG slides as warm-weather outlook drives U.S. natural gas-linked stocks lower

New York, Jan 6, 2026, 17:26 EST — After-hours The United States Natural Gas Fund (UNG) fell 3.1% to $11.28 in Tuesday trading, as the latest drop in U.S. natural gas prices weighed on gas-linked funds and producers. ProShares Ultra Bloomberg Natural Gas (BOIL) fell 2.8%, while inverse fund ProShares UltraShort Bloomberg Natural Gas (KOLD) rose 2.7%. The move matters because the U.S. is in the core winter heating season, when small shifts in temperature forecasts can quickly change demand for gas used to heat homes and businesses. When forecasts turn warmer, traders typically price in smaller withdrawals from underground
7 January 2026
···
Vistra stock jumps after $4.7 billion Cogentrix buyout bet on AI power demand

Vistra stock jumps after $4.7 billion Cogentrix buyout bet on AI power demand

New York, Jan 6, 2026, 17:09 EST — After-hours Vistra Corp (VST) shares rose 4.1% to $169.53 in after-hours trading on Tuesday after the power producer agreed to buy Cogentrix Energy for about $4.7 billion, expanding its natural-gas fleet as U.S. power demand climbs. Reuters The acquisition lands as generators move to lock in “dispatchable” supply — plants that can run on demand — for data centers and other large users that need steady power. Jefferies analyst Julien Demoulin-Smith called the portfolio “attractively priced” and said the push into New England “makes abundant sense,” pointing to the region’s capacity market,
6 January 2026
···
Valero Energy stock slips as Venezuelan crude return talk meets shipping snags — what’s next for VLO?

Valero Energy stock slips as Venezuelan crude return talk meets shipping snags — what’s next for VLO?

New York, January 6, 2026, 14:44 EST — Regular session Valero Energy Corp shares fell on Tuesday as investors weighed whether U.S. moves on Venezuela will reopen a key stream of heavy crude for Gulf Coast refiners. The stock was down 0.9% at $178.92 in afternoon New York trading, after swinging between $177.36 and $183.98. In a Reuters analysis, industry participants said a full return of Venezuelan oil exports could redirect about 1 million barrels per day (bpd) of crude to the United States if Washington removes sanctions, trimming fuel production costs for refiners built to run heavy, sulfur-rich grades.
6 January 2026
··
Exxon Mobil (XOM) stock slips after Venezuela-fueled rally as investors weigh oil supply risks

Exxon Mobil (XOM) stock slips after Venezuela-fueled rally as investors weigh oil supply risks

New York, January 6, 2026, 11:10 ET — Regular session Exxon Mobil Corp shares were down 1.4% at $123.63 on Tuesday, retreating from a surge a day earlier as traders reassessed what Washington’s Venezuela push could mean for oil supply and Big Oil’s returns. The stock opened at $125.40 and touched a session high of $126.11 before sliding toward $123.58. The pullback comes as the oil market enters 2026 with a surplus expected by many forecasters, a setup that can cap crude prices and pressure cash flow at producers. A Reuters poll of 34 economists and analysts forecast Brent averaging
6 January 2026
···
1 … 22 23 24 25 26 … 59

Stock Market Today

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

7 February 2026
Kenvue shares closed Friday at $18.13, up 0.33%, with about 63.5 million shares traded. The Kimberly-Clark offer values Kenvue at roughly $18.76 per share, leaving a deal spread of about 3%. Both companies’ shareholders approved the merger, which is expected to close in the second half of 2026 pending regulatory approvals. Kenvue’s dividend record date is Feb. 11, with earnings due Feb. 17.
IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

7 February 2026
IREN shares closed up 5.1% at $41.83 Friday after reporting a $155.4 million quarterly loss and $184.7 million in revenue. The company announced $3.6 billion in GPU financing for its Microsoft contract, with $2.8 billion in cash as of Jan. 31. Bitcoin mining revenue fell, while AI cloud services rose. Traders await bitcoin’s weekend move and Monday’s market reaction.
Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

7 February 2026
Cadence Bank shares have been delisted following Huntington Bancshares’ takeover, with each Cadence share converted into 2.475 Huntington shares. Huntington closed Friday at $19.27 and named Senthil Kumar as chief risk officer ahead of new regulatory requirements. The merger leaves Cadence as a brand under Huntington, with customer account conversions planned for mid-2026. Huntington executives will address investors at a UBS conference on Tuesday.
Go toTop