US Energy News
Diamondback Energy is immediately lifting higher oil output in response to the ongoing oil price rally
According to the Bloomberg article (May 4, 2026) and Diamondback’s Q1 2026 earnings release/letter to shareholders: The company is currently pumping >520,000 barrels per day of oil (3% above its original full-year 2026 guidance midpoint of ~505,000 bpd). It is raising full-year 2026 guidance to 520,000+ bpd oil and 972,000+ boe/d total (up from the […]
Finance
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Electrical Generation / Utilities
CAT has positive earnings and a path for growth
Caterpillar Inc. (NYSE: CAT) delivered a standout first-quarter 2026 performance, beating expectations and signaling strong momentum heading into the rest of the year. On April 30, 2026, the company reported sales and revenues of $17.4 billion, a robust 22% increase year-over-year from $14.2 billion in Q1 2025. Adjusted profit per share rose 30% to $5.54, […]
Levelised Cost of Energy Models Are Junk – And Subsidies are driving the prices of Energy Up
David Turver, an Energy Analyst from the UK, stops by the Energy News Beat Podcast. With the spotlight on the world stage around the price of oil, the world is bifurcating into two camps. Those going after Energy Security Starts at home, and the other camp is tripling down on Green Energy and Deindustrialization. I […]
AI / Data Center
CAT has positive earnings and a path for growth
Caterpillar Inc. (NYSE: CAT) delivered a standout first-quarter 2026 performance, beating expectations and signaling strong momentum heading into the rest of the year. On April 30, 2026, the company reported sales and revenues of $17.4 billion, a robust 22% increase year-over-year from $14.2 billion in Q1 2025. Adjusted profit per share rose 30% to $5.54, […]
Gas and Coal Will Be Powering the AI Race
The AI boom is rewriting the rules of U.S. electricity demand, and the numbers don’t lie. BloombergNEF’s latest analysis, highlighted in a widely shared post by energy analyst David Blackmon (@EnergyAbsurdity), projects that data centers will drive massive incremental power needs through 2035. The stacked bar chart from BNEF is crystal clear: combined-cycle gas turbines […]
Enphase Energy Reports Financial Results for the First Quarter of 2026
FREMONT, Calif., April 28, 2026 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company, announced today financial results for the first quarter of 2026, which included the summary below from its President and CEO, Badri Kothandaraman. We reported quarterly revenue of $282.9 million in the first quarter of 2026, along with 43.9% for non-GAAP […]
GE Vernova Beat Earnings. How Did They Pull It Off?
GE Vernova (NYSE: GEV) delivered a blockbuster first-quarter 2026 performance that exceeded analyst expectations across the board, sparking a roughly 13-14% surge in its stock price. The energy technology leader reported revenue of $9.3 billion (up 16% year-over-year and 7% organically), adjusted EBITDA of $896 million (nearly doubling from the prior year, with a margin […]
Geothermal Breakthrough Looks to Break Open 150 Gigawatt Energy Revolution – If State and Federal Regulators Can Get Out of the Way
America stands on the cusp of a geothermal energy revolution that could deliver up to 150 gigawatts (GW) of clean, constant, 24/7 baseload power—enough to power tens of millions of homes and slash reliance on intermittent renewables or fossil fuels. The breakthrough? Enhanced Geothermal Systems (EGS), which use advanced drilling techniques borrowed from the oil […]
