energy

Sitio Royalties Corp. (NYSE:STR) shares are trading higher by more than 12.2% on Tuesday after the company inked a $4.1 billion deal with Viper Energy (NASDAQ:VNOM). The all-equity transaction includes Sitio’s net debt of about $1.1 billion as of March 31, 2025. As per the terms, Sitio...

TotalEnergies SE (NYSE:TTE) and RGE JV disclosed that their equally-owned joint venture, Singa Renewables, has received a conditional license from Singapore’s Energy Market Authority (EMA). This license permits Singa Renewables to import 1 GW of renewable power from Indonesia. The partners...

Energy company EOG Resources, Inc. (NYSE:EOG) shares are trading lower premarket on Friday. The firm inked a deal to acquire Encino Acquisition Partners (EAP) for $5.6 billion, including EAP’s net debt. EOG agreed to pay the sellers, Canada Pension Plan Investment Board (CPP) and Encino...

Trading in the AES Corp (NYSE:AES) is quiet on Tuesday. This comes after last week's sell-off of more than 20%. But a reversal may have started on Friday. There is a good chance the selling ended. The stock is oversold at support and it formed a bullish engulfing pattern on the chart. These...

Oklo Inc (NYSE:OKLO) co-founder and CEO Jacob DeWitte suggested Tuesday that timelines for the company could potentially be accelerated following multiple executive orders from President Donald Trump aimed at supporting the domestic nuclear industry. What Happened: Tuesday on CNBC’s “...

After grappling with regulatory hurdles, rising capital costs, and rapidly declining costs of renewables like solar, Cathie Wood‘s Ark Invest highlights in its new research that nuclear energy can potentially emerge as the lowest-cost source of electricity, outcompeting solar. What Happened:...

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high dividend payout. Benzinga readers can review the latest analyst takes on their favorite stocks by...

ASP Isotopes Inc (NASDAQ:ASPI) shares are trading higher in Monday’s after-hours session after the company announced loan and supply agreements with Bill Gates-backed TerraPower. What Happened: After the market close on Monday, ASP Isotopes announced that it entered into multiple definitive...

Plug Power Inc (NASDAQ:PLUG) shares saw a modest gain late Monday, trading up 2.1% to 79 cents, after initially surging as much as 8.5% earlier in the session. The uptick follows an announcement that CFO Paul Middleton purchased 350,000 shares of the company’s common stock for approximately $...

Paul Singer isn't tiptoeing into the energy sector, he's charging in at full throttle. In the first quarter of 2025, Elliott Investment Management hiked its energy sector exposure from 23.84% to a commanding 37.64%, making it the firm's largest allocation. Phillips 66, Suncor: Singer’s...

The security of publicly traded U.S. solar companies is in focus as Chinese communication devices were found in critical renewable energy infrastructure, particularly power inverters. What Happened: These devices, discovered during security checks of equipment, bypass typical firewall protections...

Oklo Inc (NYSE:OKLO) reported financial results for the first quarter after the market close on Tuesday. Here’s a rundown of the nuclear company’s report. Q1 Earnings: Nuclear startup Oklo reported a first-quarter loss of seven cents per share, improved from a loss of 34 cents per share...

NRG Energy Inc (NYSE:NRG) is on fire. Shares have jumped more than 31% in just five trading days, pushing year-to-date gains past 64%. The stock surged over 24% on Monday to a record high of $148.30, after announcing a $12 billion acquisition of LS (Luminus Systems) Power's generation assets. With...

Clean energy stocks spiked on Tuesday, with First Solar Inc. (NASDAQ:FSLR) jumping more than 20% during early trading. The rally came after House Republicans delivered a better-than-feared tax proposal for renewable energy incentives. The market had braced for a potential gutting of clean energy...

After posting record earnings on Thursday, D-Wave Quantum Inc.’s (NYSE:QBTS) management highlighted its progress in enabling energy-efficient measures to enhance blockchain hashing using quantum computing. What Happened: CEO Alan Baratz highlighted the inference of its recent research paper...