October 16, 2025 – The United States oil industry is witnessing a significant pivot, with deepwater drilling in the Gulf of Mexico (GoM) emerging as the primary engine for growth, even as onshore shale production faces an anticipated slowdown. This strategic shift marks a renewed era for offshore exploration and production,
Companies Reporting Before The Bell • Kosmos Energy (NYSE:KOS) is expected to report quarterly earnings at $0.16 per share on revenue of $366.82 million.
Diamond Offshore Drilling shares are trading higher after the company disclosed a definitive agreement to be acquired by Noble Corporation in a stock-plus-cash transaction.
This week we talk about the continuation of the current correction but discuss how sentiment flipping likely puts in a floor not too far below. We then cover BTCUSD, a budding breakout in crude along with some energy equity breakouts, plus more…
U.S. stocks traded higher midway through trading, with the Dow Jones gaining more than 200 points on Tuesday. The Dow traded up 0.65% to 32,455.57 while the NASDAQ rose 0.57% to 11,741.91. The S&P 500, also rose, gaining, 0.70% to 3,979.20.
U.S. stocks traded higher this morning, with the Dow Jones gaining more than 300 points on Tuesday. Following the market opening Tuesday, the Dow traded up 0.90% to 32,535.25 while the NASDAQ rose 1.05% to 11,798.59. The S&P 500, also rose, gaining, 1.04% to 3,992.47.
Companies Reporting Before The Bell • Kosmos Energy (NYSE:KOS) is projected to report quarterly earnings at $0.14 per share on revenue of $505.61 million.
