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Oil Industry 30 September 2025 - 17 October 2025

SLB Stock Q3 Beat, $4B Buybacks & Oil Swoon: Will Schlumberger (SLB) Rebound?

SLB Stock Q3 Beat, $4B Buybacks & Oil Swoon: Will Schlumberger (SLB) Rebound?

SLB’s third-quarter 2025 results, released on Oct 17, showed better-than-expected profitability even as industry conditions softened. The company earned $0.69 per share for Q3, topping estimates of $0.66 Tipranks. Revenue came in at $8.93 billion, essentially on target Tipranks. Both metrics were down modestly from a year ago as global drilling activity has cooled. CEO Olivier Le Peuch described the quarter as “resilient,” noting SLB expanded its EBITDA margins and generated $1.8 B in free cash flow, thanks to efficiency gains Investing Investing. North America proved a bright spot – revenue there rose +14% YoY to $1.93 B as the U.S. rig count stabilized Reuters Reuters. International revenue fell 7% YoY to $6.92 B amid lower spending in regions like Latin America and Europe Reuters. Le Peuch noted that high oil inventories and geopolitical uncertainties made overseas customers cautious on short-cycle projects Investing Investing. A big Q3 storyline was SLB’s recent acquisition of ChampionX – a deal which closed July 16 and added two months of ChampionX results into the quarter Tipranks. ChampionX is a leader in oilfield chemicals, pumps, and artificial lift; folding it in bolstered SLB’s Production Systems division. SLB said Q3 revenue would have been down ~9%
Vivakor (VIVK) Stock Surges 75% After $40M Oil Trading Deal – Bulls & Bears Weigh In

Vivakor (VIVK) Stock Skyrockets 75% on $40M Oil Deal – Bulls and Bears Debate What’s Next

Vivakor’s mid-October rally was ignited by news of a major funding deal aimed at boosting its oil trading business. On October 15, the Dallas-based energy services firm revealed it had signed a term sheet for a $40 million commodity intermediation credit facility with an undisclosed wholesale credit providerts2.tech. The facility is designed to support Vivakor Supply & Trading, LLC, the company’s crude oil purchasing unit, by providing letters of credit, surety bonds, and cash guarantees to back its physical oil purchasests2.tech. In essence, this credit line would allow Vivakor to buy and move much larger volumes of crude by underwriting the cost of inventory in transit. CEO James Ballengee touted the deal as a game-changer for Vivakor’s trading segment, stating it “highlights our growth initiative” and focuses on “integrating volumes across our trucking fleet and facilities” to drive immediate revenue while expanding crude marketing operationsts2.tech. The credit facility, if finalized by the target closing date of Oct. 30, will run for one year and make up to $40 million available to Vivakor’s oil-trading unitts2.tech. This significant liquidity infusion comes at a critical time – and investors responded with a buying frenzy.
Vivakor (VIVK) Stock Surges 75% After $40M Oil Trading Deal – Bulls & Bears Weigh In

Vivakor (VIVK) Stock Surges 75% After $40M Oil Trading Deal – Bulls & Bears Weigh In

In mid-October Vivakor’s stock surged amid fresh corporate deals. On Oct. 15 the company revealed it had signed a non-binding term sheet for a $40M commodity intermediation facilityglobenewswire.com. This arrangement is intended to underwrite letters of credit, bonds or cash deposits to support Vivakor Supply & Trading, LLC’s physical crude oil purchasesglobenewswire.com. CEO James Ballengee said the deal “highlights our growth initiative for Vivakor’s trading segment,” enabling them to integrate more oil volumes across their trucks and facilities and “driv[e] immediate accretive revenue while diversifying and expanding our crude oil marketing operations”globenewswire.com. The facility would have a one-year term and up to $40M in available credit supportglobenewswire.com. This announcement built on other recent funding news. On Sept. 29 Vivakor signed a term sheet to issue $25M of new convertible preferred stock in exchange for up to $23M in fundingglobenewswire.com. Under that deal, about $15M of proceeds will seed a dedicated trading credit line for Vivakor’s oil marketing division, $3M will bolster general working capital, and at least $5M of oil and equipment will go to its remediation segmentglobenewswire.com. Ballengee explained the package “would directly support two of our expanding business segments, crude oil marketing and remediation,” creating synergies across Vivakor’s
Sable Offshore Corp (SOC) Stock Plummets on Legal Setback – What’s Next for the Embattled Oil Driller?

Sable Offshore Corp (SOC) Stock Plummets on Legal Setback – What’s Next for the Embattled Oil Driller?

Sable Offshore’s stock cratered on Oct. 15 after a critical court ruling went against the company. In Santa Barbara Superior Court, Judge Thomas Anderle issued a tentative decision denying Sable’s petition to overturn a state order blocking its pipeline repairs Reuters Reuters. The ruling, which Sable called a “major setback,” means California’s cease-and-desist order remains in force, preventing the firm from reactivating its onshore pipeline for now. Investors reacted swiftly. SOC shares tumbled ~26% in pre-market trading on the news Reuters, and the stock opened the day in free-fall. By afternoon Oct. 15, SOC hovered in the mid-$13 range – down from ~$18 the day prior and nearly 50% off its month-ago levels. This plunge pushed the stock near all-time lows, a dramatic comedown for a company that traded above $30 earlier in the year.
15 October 2025
Saudi Aramco Stock Analysis 2025: Is the Oil Giant Still Worth Your Money?

Saudi Aramco Stock Analysis 2025: Is the Oil Giant Still Worth Your Money?

Saudi Aramco’s stock started 2025 in the SR 22 range and rose above SR 24 by late September, giving a year‑to‑date gain of roughly 12 % argaam.com. FinanceCharts data show the share price closing at SR 24.62 on 30 September, down 1.48 % from the previous day but up 3.45 % over the past 30 days financecharts.com. Over the last twelve months the shares are still down about 9 % argaam.com, reflecting investors’ concerns about lower oil prices and a large dividend cut. The stock is trading around 16× forward earnings and about 4× book value argaam.com—premium multiples relative to Western oil majors. The dividend yield remains substantial argaam.com but is projected to drop to around 5 % after the announced payout reduction reuters.com.
BP Bets Big on Oil with $5B Gulf of Mexico Deepwater Platform

BP Bets Big on Oil with $5B Gulf of Mexico Deepwater Platform

BP’s announcement marks a milestone in the Gulf of Mexico, a region long known for deepwater oil riches. The Tiber-Guadalupe platform will be located roughly 300 miles southwest of New Orleans, at water depths over 6,000 feet bignewsnetwork.com spglobal.com. BP originally discovered the Tiber field in 2009 and the Guadalupe field in 2014; combining them with six new wells and two tie-back wells gives the hub its 80,000 bpd capacity bignewsnetwork.com oilprice.com. First oil is targeted for 2030, after a multi-year construction and commissioning phase. According to BP, the project is fully funded within its $5 billion budget and “fully accommodated” within its disciplined spending plan offshore-mag.com egyptoil-gas.com. Over time, additional drilling phases could follow if early production justifies expansion. BP’s sanction of Tiber-Guadalupe comes amid a broad strategic pivot. In February 2025, BP cut its renewable energy budget and raised its oil-and-gas investment to $10 billion annually reuters.com aljazeera.com. The company now targets 2.3–2.5 million boe/d globally by 2030. A significant portion of this growth is focused on the U.S., where BP plans to exceed 1 million boe/d by 2030 reuters.com. CEO Murray Auchincloss told Reuters the move is a “reset BP” prioritizing cash flow and shareholder returns reuters.com
30 September 2025
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Stock Market Today

  • US stocks edge up, but tech slide holds back S&P 500; General Mills jumps, yields fall
    July 1, 2026, 11:08 AM EDT. Stocks were mostly higher in the U.S. on Wednesday, even as losses in key tech names like Nvidia, Micron Technology, and AMD weighed on the indexes. The S&P 500 slipped 0.1%, almost logging its eighth drop in 11 sessions. The Dow Jones added 122 points. Recent high-flying AI tech stocks sold off on valuation worries. General Mills gained 9.1% after topping earnings and rolling out a $3 billion cost-saving plan. Treasury yields fell as soft manufacturing numbers cooled inflation and lowered the odds of another Fed hike. Oil slid 1.2% on hopes the U.S.-Iran conflict could ease. Kroger shares lost 1.7% after it said it would buy Giant Eagle for $1.25 billion.
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