Richard
Stubbe
Hart Energy
Granite Ridge Stock Stumbles Upon CEO’s Departure
Dallas-based E&P Granite Ridge Resources did not report a reason for President and CEO Luke Brandenberg’s departure but wrote in the announcement that the “leadership transition is unrelated to the company’s performance or operations.”
Upstream Capital Investments Arrive at a Happier Medium
After overinvestment followed by a pullback, the oil and gas industry has begun delivering better returns, finance leaders say. Investors are noticing.
Sable Offshore Upsizes Public Offering by 28% to $257MM
Sable Offshore’s upsized offering represents an increase of approximately 28.25% in value from its previously announced $200 million stock offering.
Chevron Buys 15.4MM Shares of Hess Stock on Open Market
Chevron Corp. reported that between January and March 2025 it purchased about 5% of Hess Corp. shares, according to a Securities and Exchange Commission filing.
The Latest
Granite Ridge Stock Stumbles Upon CEO’s Departure
Dallas-based E&P Granite Ridge Resources did not report a reason for President and CEO Luke Brandenberg’s departure but wrote in the announcement that the “leadership transition is unrelated to the company’s performance or operations.”
Upstream Capital Investments Arrive at a Happier Medium
After overinvestment followed by a pullback, the oil and gas industry has begun delivering better returns, finance leaders say. Investors are noticing.
Nuclear Stocks Surge After Trump Signs Orders to Boost Industry
Shares of nuclear power companies surged after U.S. President Donald Trump signed executive orders seeking to cut down on industry regulations and fast-track new licenses for reactors and power plants.
Sable Offshore Upsizes Public Offering by 28% to $257MM
Sable Offshore’s upsized offering represents an increase of approximately 28.25% in value from its previously announced $200 million stock offering.
Infinity’s Utica Oil Output Rising as Play M&A, Expansion Underway
Securities analysts expect some M&A may be coming from the growing oil and wet-gas results in eastern Ohio, they report, including by newly public Infinity Natural Resources.
Chevron Buys 15.4MM Shares of Hess Stock on Open Market
Chevron Corp. reported that between January and March 2025 it purchased about 5% of Hess Corp. shares, according to a Securities and Exchange Commission filing.
Expand Energy Picked to Join S&P 500
Gas pureplay Expand Energy will be elevated on March 24 from its position in the S&P MidCap 400 index.
Utica Oil Player Ascent Resources ‘Considering’ an IPO
The 12-year-old privately held E&P Ascent Resources produced 2.2 Bcfe/d in the fourth quarter, including 14% liquids from the liquids-rich eastern Ohio Utica.
Venture Global Shares Plummet as Plaquemines LNG Price Upped by $2B
Venture Global LNG missed market expectations in its first earnings report and shares fell further with the announcement of an $18 billion brownfield expansion at Plaquemines.
Occidental Temporarily Reduces Warrants Price to Raise $1.6B
Occidental Petroleum’s offer to warrant-holders at a reduced exercise price of $21.30 would raise $1.6 billion, the company said.