Richard
Stubbe
Hart Energy
SLB Sees Short-Term Softening, Long-Term Rebound in Oil & Gas
SLB Ltd. says customers are likely to behave cautiously amid global trade concerns this year, but the future looks brighter in the long term.
Ring Energy Slashes 2Q Capex by 50% After Oil Price Collapse
Permian E&P Ring Energy is cutting spending and prioritizing debt reduction with oil prices hanging around $65/bbl.
Bearishness Plagues Oil as Matador Cuts Capex, Production Outlook
Falling oil prices are forcing E&Ps to redraw spending plans. Matador Resources slashed its D&C spending by $100 million due to lower prices.
Patterson-UTI Sees Uptick in Gas Activity, Oil Uncertainty
Natural gas activity picked up more than expected in the first quarter, with the Haynesville Shale leading the way, Patterson-UTI executives said.
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SLB Sees Short-Term Softening, Long-Term Rebound in Oil & Gas
SLB Ltd. says customers are likely to behave cautiously amid global trade concerns this year, but the future looks brighter in the long term.
Ring Energy Slashes 2Q Capex by 50% After Oil Price Collapse
Permian E&P Ring Energy is cutting spending and prioritizing debt reduction with oil prices hanging around $65/bbl.
Bearishness Plagues Oil as Matador Cuts Capex, Production Outlook
Falling oil prices are forcing E&Ps to redraw spending plans. Matador Resources slashed its D&C spending by $100 million due to lower prices.
Patterson-UTI Sees Uptick in Gas Activity, Oil Uncertainty
Natural gas activity picked up more than expected in the first quarter, with the Haynesville Shale leading the way, Patterson-UTI executives said.
Range Resources’ East Coast Position Helps to Ride Tariff Turmoil Wave
Gas producer Range Resources says having access to markets out of the East Coast is a benefit during the U.S.-China trade war as most of its exports head to Europe.
NextEra Energy Expects to See Minimum Tariff Exposure
NextEra Energy CEO John Ketchum put the renewable energy unit’s exposure to tariffs at less than $150 million through 2028 on more than $75 billion in expected capex.
Berry Corp. Ups Hedge Book During Oil Market Volatility
California and Uinta producer Berry Corp. announced steps to strengthen its hedge book and liquidity during a period of market volatility.
Kinder Morgan Sees Strong Gas Market, Despite Political Noise
Kinder Morgan is undeterred by “perceived ups and downs” in the natural gas market, said Executive Chairman Rich Kinder during the company’s first earnings call of 2025.
BP Forecasts Dip in First-Quarter Upstream Production
BP anticipates a quarter-over-quarter decline in upstream production when it reports earnings later this month.
Shell Raises Shareholder Distributions and LNG Sales Target, Trims Spending
Shell trimmed its annual investment budget to a $20 billion to $22 billion range through 2028 after spending $21.1 billion last year.