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Pitts
Hart Energy
TotalEnergies Eager to Dip into Suriname Oil Pool
TotalEnergies CEO Patrick Pouyanné says the company has been eying a low oil-to-gas ratio in Suriname in order to have an efficient development.
SLB, Baker Hughes, Halliburton Primed for Middle East Boom
A bevy of projects in the Middle East promises a boom in future revenues for SLB, Baker Hughes and Halliburton.
Study: Despite Lower Oil Prices, Shareholders Cashed in During Q4
A new government report illustrates tight cash flow for E&P companies, and predicted increased capex.
Matador Resources Prioritizes Reducing Debt After $1.6B Acquisition
Matador expects a boost in production from its $1.6 billion Permian Basin acquisition and touts new “horseshoe” wells as first-quarter results came in above expectations
Riley Permian Announces Quarterly Cash Dividend
Riley Exploration Permian’s board of directors approved a cash dividend of common stock of $0.34 per share to be paid to stockholders on record as of the close of business on April 25.
HighPeak Declares Quarterly Cash Dividend
Midland Basin E&P HighPeak Energy Inc. announced its board of directors declared a quarterly dividend of $0.025 per share of common stock outstanding in an April 10 press release.
Targa, EnLink, ONEOK Building Out in a Hurry
With natural gas flows on track to rise, Targa, EnLink and ONEOK are racing to keep up.
Commodities Trader Trafigura Makes Record $3.5 Billion Q1 Profit
Record returns were galvanized by global energy shortages due to Russia's war in Ukraine and under-investment in new developments and infrastructure.
Saudi Aramco Reports Record $161.1 Billion Profit In 2022
Aramco's profits, which are around triple that of Exxon's $56 billion, follow similar reports in February from international peers such as BP, Shell, and Chevron which have mostly posted record profits for last year.
Ovintiv Takes an ‘Encouraged but Measured Approach’ to 2023 Drilling, M&A
After a year of expansion in 2022, Ovintiv plans on a positive but cautious approach to M&A while bringing wells online in the Permian, Montney, Rockies and the Anadarko this year.