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Seaport Global Initiates Coverage On APA with Neutral Rating
Seaport Global analyst Vin Lovaglio initiates coverage on APA (NASDAQ:APA) with a Neutral rating.
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- benzinga
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- Captured once, then retained as an archive reference
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- fresh
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Eni Builds Uruguay Offshore Presence Through New Exploration Deals
Eni has signed agreements to expand its presence in Uruguay's offshore exploration sector. The Italian energy company will operate the OFF-5 block with MIWEN (YPF subsidiary) holding 50%, and will acquire a 40% stake in the neighboring OFF-6 block operated by APA Corporation. Eni will fund a significant portion of an initial exploration well scheduled for 2027. These moves strengthen Eni's position in Latin America and diversify its upstream operations.