Zeo Energy Corp. Price & Performance (ZEO)

Wells Fargo has abandoned its net-zero financed emissions targets for 2050, citing external factors such as policy and technological hurdles. The bank will instead focus on operational sustainability and other goals, including deploying $500 billion in sustainable finance by 2030, while maintaining its commitment to renewable energy usage.1

BP has announced a significant reduction in its spending on net-zero transition projects, cutting up to $5 billion annually. The company plans to boost oil and gas investments by 20%, aiming to improve shareholder returns. Environmental groups criticized the move as a setback for climate action.2

At the CERAWeek conference, energy executives addressed declining oil prices, rising costs, and investor demands for capital discipline. U.S. oil output growth is expected to slow significantly in 2025, with capital expenditures projected to drop. Industry leaders are balancing shareholder expectations with calls for increased production.3