Arun Jayaram

Editor’s note: This story was updated to correct a reference to private oil producers. "Drill, baby, drill" has long been the Trump administration‘s political shorthand for unleashing U.S. oil production. But the latest shale data suggests the companies actually answering that call aren...

ConocoPhillips' (NYSE:COP) earnings call highlighted the company’s consistent execution in a "volatile macro environment fraught with uncertainty," according to JPMorgan. The ConocoPhillips Analyst: Analyst Arun Jayaram reiterated a Neutral rating and raised the price target from $98 to $103...

Shares of Chevron Corp (NYSE:CVX) were trading under pressure on Monday despite the company reporting upbeat fourth-quarter earnings. Here are the key analyst insights: JPMorgan analyst Arun Jayaram reiterated an Overweight rating, while raising the price target from $176 to $181. Goldman Sachs...

Chevron Corp (NYSE:CVX) reported its fourth-quarter adjusted earnings ahead of expectations, "driven by 11% higher Upstream results and a 4% refining beat," according to JPMorgan. The Chevron Analyst: Analyst Arun Jayaram reiterated an Overweight rating on the stock. The Chevron Thesis: The company...

Although Occidental Petroleum Corp's (NYSE:OXY) operations remained strong in the fourth quarter of 2025, the company could miss consensus estimates due to "softer commodity price realizations," according to JPMorgan. The Occidental Petroleum Analyst: Analyst Arun Jayaram reiterated an Underweight...

The estimates for Chevron Corp (NYSE:CVX) have been revised following the company's 2026 budget announcement and guidance commentary as well as lower strip oil prices, JPMorgan analyst Arun Jayaram said in a note. The Chevron Thesis: The company's official 2026 capex guidance, announced last week,...

JPMorgan analyst Arun Jayaram expressed his views about Chevron Corp (NYSE:CVX) ahead of its 2025 Investor Day on Nov. 12, 2025. • CVX shares are consolidating after recent moves. Get the latest updates here. Analyst View Jayaram writes that he expects Chevron to emphasize its disciplined...

Chevron Corp's (NYSE:CVX) win in the arbitration ruling against Exxon Mobil Corp (NYSE:XOM) has cleared the way for the acquisition of Hess Corp (NYSE:HES). "While this outcome was somewhat anticipated by the market, it nevertheless lifted a key overhang on the stock, which had clouded the long-...

Noble Corporation (NYSE:NE) has been in focus as President Donald Trump's oil production push. While remaining focused on securing contracts for its idle capacity and rigs rolling off contract later this year, the company relies on floater option exercises and cost savings to hit the mid-point of...

Liberty Energy Inc (NYSE:LBRT) has been in focus amid US President Donald Trump's oil production push. A meeting with the company's CEO Ron Gusek and CFO Michael Stock highlighted management's conviction in building the mobile power generation business "leveraging its partnerships and core...

Since its IPO in January, shares of Flowco Holdings Inc (NYSE:FLOC) are trading lower by almost 3%. Here are some key analyst takeaways from their respective initiation notes. JPMorgan On Flowco Analyst Arun Jayaram initiated coverage with an Overweight rating and price target of $32. Flowco is a "...

While shale oil producers have enjoyed an advantage over gas producers over the past 15 years, the situation is likely to reverse in 2025, according to JPMorgan. Analyst Arun Jayaram said in a note that natural gas producers are likely to benefit from three "powerful secular demand trends" in 2025...

Natural gas has been in focus with energy prices poised to climb on summer demand. The 2024 estimate for natural gas production has been lowered by around 1.3 billion cubic feet per day (Bcf/d) to 102.7 Bcf/d, with production volumes expected to decline to exit the year at 101.8 Bcf/d,...

Petroleum and natural gas production company, Cimarex Energy Co. (NYSE: XEC) experienced a fall in production, as prices were hindered by local price differentials. The company's Q2 EPS missed estimates Tuesday afternoon. The Analysts JPMorgan analyst Arun Jayaram downgraded Cimarex from...

JPMorgan has revised ratings on several large-cap exploration and production companies, primarily on the 71 percent rally of E&P equities in its coverage over the past six weeks, as oil prices have climbed about 34 percent from its February lows. Analysts, including Arun Jayaram, "favor...