The Latest

Aramco Reports Second Highest Net Income for 2023

The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.

Will the Ends Justify the Means for W&T Offshore?

After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.

Berry Bolts On More California Assets as Kern County M&A Continues

As Berry Corp. continues its aggressive hunt for growth opportunities outside of California, the E&P made a second bolt-on acquisition in Kern County in the fourth quarter.

Uinta Basin: 50% More Oil for Twice the Proppant

The higher-intensity completions are costing an average of 35% fewer dollars spent per barrel of oil equivalent of output, Crescent Energy told investors and analysts on March 5.

Everywhere All at Once: Woodside CEO Touts Current Global Portfolio

Meg O’Neill, the CEO of Australian energy giant Woodside Energy, is overseeing the “next wave” of growth projects around the globe, including developments in the Gulf of Mexico, offshore Senegal and further LNG expansion.

Canadian Natural Resources Boosting Production in Oil Sands

Canadian Natural Resources will increase its quarterly dividend following record production volumes in the quarter.

Kimmeridge Activates on SilverBow: A Battle for South Texas Gas

Investment firm Kimmeridge is looking for more natural gas production for its own E&P to participate in the Gulf Coast LNG market. SilverBow Resources has gas.

Analysts: Why Are Investors Snapping Up Gulfport Energy Stock?

Shares for Oklahoma City-based Gulfport Energy massively outperformed market peers over the past year—and analysts think the natural gas-weighted name has even more upside.

As ONEOK Digests Magellan, Sets Stage for More NGL Growth in 2024

ONEOK is continuing the integration of its newly acquired Magellan assets in 2024 as the company keeps an eye out for M&A opportunities and awaits regulatory approvals for certain projects.

First Solar Gunning for $1B More in 2024 Sales

Solar module manufacturer First Solar forecasts 2024 net sales of between $4.4 billion to $4.6 billion, with annual volumes sold ranging from 15.6 gigawatts (GW) to 16.3 GW.