The Latest

Sitio Royalties Bounces Back in 2Q with Multiple Permian Basin Acquisitions

Sitio Royalties adds 13,705 NRAs in the Permian Basin and reports record production this quarter after drawing a blank on deals in the first quarter.

Kosmos Energy Progresses Flurry of Projects in 2Q and into 3Q

So far in the third quarter 2023, a new field has come onstream offshore Ghana and infrastructure-led exploration has begun in the Gulf of Mexico.

Southwestern Energy Takes Q2 Earnings Hit, But Slashes Debt

Debt reduction drives Southwestern Energy’s strategy as second quarter earnings plummet.

Tellurian Losses Snowball in 2Q, but Driftwood Focus Continues

Houston-based Tellurian Inc. reported a larger net loss in the second quarter 2023 compared to the prior quarter, as well as a 11% decline in its Haynesville Shale production.

Plains All American Pipeline to Seek More Bolt-ons After Permian A&D

Plains All American Pipeline increased its EBITDA guidance on strong earnings and emphasized an A&D strategy underpinned by fiscal discipline.

Energy Transfer Keeps Focus on Lake Charles LNG Despite Setbacks

Lake Charles LNG is facing regulatory hurdles with the Department of Energy, Energy Transfer executives said during second-quarter earnings call.

The $40MM Pencil Fight: Ringside at Magnolia Oil & Gas’ Earnings Call

Analysts’ questions led Magnolia Oil & Gas’ CEO to describe the exchange as akin to the courtroom scene from a “A Few Good Men.”

The Third Mile: Chord Energy’s Longer Laterals Pay Off in Bakken

Chord Energy announces more divestitures and showcases results of longer laterals, which produce a third more than two-mile wells, CEO Daniel Brown said.

Cheniere Energy’s Corpus Christi Expansion Ahead of Schedule

LNG producer and exporter Cheniere Energy posted a second quarter net income of $1.4 billion on revenues of $4.1 billion.

ConocoPhillips Second Quarter ‘Good, Not Great’ as Production Rises, Profits Fall

ConocoPhillips posted record production in the second quarter but commodity prices fell short of analyst expectations.