Natural Gas
Dax slips as Brent crude nears $100 and oil prices pressure German stocks
The Dax fell to 25,975 in early afternoon trade as Brent crude approached $100 and WTI and European gas prices rose, while stock-specific ratings drove moves in Dax and MDax names.
European Gas At 3-Year Highs: Winners and Losers in the Energy Crunch
Rising gas and fuel prices reshape European equity markets, boosting energy and shipping while weighing on industrials and automakers.
Iran discovers major natural gas field with 212 bcm reserves
New field in southern Fars province holds 212 billion cubic meters of gas, with 161 bcm recoverable. State media cites lower costs due to sweet gas composition amid production declines from war-related damage.
Iran claims discovery of 7.5 trillion cubic feet of natural gas
New field in Fars province holds over 212 billion cubic meters of gas, with 5.7 trillion cubic feet deemed recoverable. Oil minister cites 'sweet' gas quality to reduce costs.
Switzerland secures gas supply option via France-Italy pipeline
Bund and gas industry arrange fallback gas access for winter 2026-27. Option covers about 10% of projected winter demand. Costs capped at low single-digit millions, shared across all gas users.
Panoro Energy shares drop 4% after H1 2026 update, CI-27 deal details emerge
Panoro Energy’s stock fell 4% in pre-market trading after releasing H1 2026 pro forma figures and confirming a $80 million acquisition in Ivory Coast. The CI-27 deal, funded via shares and debt, is expected to close by Q3.
KKR bids $9 billion for UGI in U.S. energy push
Private equity giant KKR offers $42.50 per share for UGI Corp, a 21% premium, amid rising demand for reliable energy infrastructure. Deal would create a major U.S. utility player.
European gas prices hit highest since March as geopolitical risks rise
TTF front-month contract surges to €64.60/MWh amid escalating tensions in the Persian Gulf and declining European storage levels. Storage fills lag 12.63 percentage points below last year's levels.
Six small-cap energy stocks trading below 7x P/E with 29% average upside
StealthGas, SandRidge Energy and four others show strong free cash flow yields and minimal leverage amid elevated energy prices. Analyst coverage remains sparse for most names.
European gas prices retreat from five-month highs as geopolitical risks ease
Wholesale European gas contracts slipped on Wednesday after a five-day rally paused, with Dutch TTF futures down 0.45% from intraday peaks tied to Middle East tensions. Storage levels remain below 63% ahead of winter.
EQT Holdings shares jump on strong quarterly earnings
Profit beats estimates as energy infrastructure unit drives growth, lifting EQT Holdings to session highs.