Oil and gas: sector news on Sunday 25 October 2026
Average tone +4.2 (positive) across 2 companies with relevant coverage, from 7 stories.
How to read a score. Each score rates how good or bad the news was for the company, from −10 (clearly bad) to +10 (clearly good). 0 is neutral, and anything beyond ±6 is strong and rare. It rates the coverage, not the share price.
Company by company
| Company | Tone | Stories | What the coverage was about |
|---|---|---|---|
| Shell | +1.3 | 6 | Coverage was mixed: stronger refining margin guidance ahead of results and a Kashagan ruling in Shell's favour were offset by the insolvency of Sonnen, recently sold by Shell, and climate cost pressure from Lambeth. |
| BP | +7.0 | 1 | Coverage centred on BP lifting its earnings outlook, with commentary suggesting the shares may still be slightly undervalued. |
| Ithaca Energy | — | 0 |
Strongest stories in the sector
- +7.0 BP raised its earnings outlook; valuation still seen as modestly undervalued.</br>
- +6.8 Refining margin guidance doubling ahead of results is positive for earnings.
- −5.3 Council pressing Shell to fund climate protection; reputational and legal pressure.
- −4.7 Sold battery unit Sonnen insolvent; reputational embarrassment, though Shell had already exited.
- +3.0 Kazakhstan loses on technicality in Kashagan dispute, though dispute continues.
- +2.0 Commentary on buybacks and bull case; mildly positive, low impact.
- +0.3 Generic technical trading commentary, little substance.
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