Energy Sector
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Patterson-UTI Energy to Host Q2 Earnings Conference Call and Webcast
Patterson-UTI Energy, Inc. (NASDAQ: PTEN) will release its second-quarter 2025 financial results on Thursday, July 24, 2025, at 9:00 a.m. CT. The company will host a conference call and webcast to discuss its performance and outlook in the energy sector. Dial-in details and a webcast link are available on the company’s investor website.
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Journey Energy Inc. to Review Initiatives with Water Tower Research
Journey Energy Inc. (TSX: JOY, OTCQX: JRNGF) will participate in Water Tower Research’s Fireside Chat Series on June 11, 2025. CEO Alex Verge and Managing Director Jeff Robertson will discuss Journey’s strategic roadmap, including the Duvernay shale play, conventional assets, and power business development. The chat provides investors with insights into the company’s growth trajectory, market position, and the impact of regulations.
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Sable Offshore Corp. Announces Pricing of Upsized Public Offering of Common Stock
Sable Offshore Corp. (SOC) priced an upsized public offering of 8.7 million shares at $29.50 each, targeting ~$256.5 million in gross proceeds. Underwriters J.P. Morgan, Jefferies, and TD Cowen secured an option for an additional 1.3 million shares. Proceeds will fund capital expenditures and corporate needs, with closure expected by May 23 pending approvals. The Houston-based firm, focused on California’s Santa Ynez Unit offshore assets, highlights operational expertise amid regulatory and ESG challenges. Analysts note the pricing reflects cautious optimism as energy equities rebound, though supply chain and permitting risks persist. SEC-declared effective May 1, the offering expands distribution through co-managers including Benchmark Company and Pickering Energy Partners.