Public Capital

Public Capital , Health, Safety & Environment , Emissions

BP To Quit Western Energy Alliance, Other Trade Groups Over Climate Policies

Western Energy Alliance and two other U.S.-based trade organizations do not “share our ambitious and progressive approach to the energy transition,” says BP CEO Bernard Looney.

February 26, 2020

Restructurings , Public Capital , Shale Plays

Bankruptcy Risks Rise For US Shale

Credit crunch looms for U.S. shale producers as ‘staggering’ amount of debt nears maturity.

February 26, 2020

Public Capital , Unconventional , Shale Plays

Eagle Ford Producer Lonestar Achieves Record Growth In 2019

As of year-end 2019, Lonestar Resources said it had increased its proved reserves to a record 100.6 million barrels of oil equivalent, all of which are located in the Eagle Ford Shale.

February 20, 2020

Public Capital

Noble Corp. Receives NYSE Listing Notice

Company intends to regain compliance by lifting stock above $1 per share.

February 20, 2020

Public Capital , Policy & Regulations , Health, Safety & Environment , Emissions , Shale Plays

Pioneer CEO Scott Sheffield Urges Investors To Divest In Top Flarers

Pioneer Natural Resources CEO Scott Sheffield called on oil and gas investors to sell shares or pull funding from companies that have rates of natural gas flaring.

February 20, 2020

Public Capital , Earnings , Exploration & Production , Shale Plays

Pioneer Natural Resources Quarterly Profit Beats Street Estimates

Pioneer also joins shale rivals Concho Resources, Diamondback Energy and Devon Energy in boosting dividends to please investors who have been pushing for higher shareholder returns

February 20, 2020

Public Capital , Shale Plays

Shares In Shale Firms Concho, Diamondback, Devon Rise On Dividend Hike

Shares in U.S. shale producers Concho Resources, Devon Energy and Diamondback Energy rose on Feb. 19 after they hiked dividends and posted profits that beat Wall Street expectations.

February 19, 2020

Public Capital , Technology

Halliburton Launches Up To $1.5 Billion Debt Buyback

Houston-based oilfield services company Halliburton said it plans to purchase for cash up to $1.5 billion of its senior notes due 2021, 2023 and 2025 in debt tender offers closing March 17.

February 19, 2020

Public Capital , Earnings , Exploration & Production , Shale Plays

Concho Resources, Devon Energy To Spend Less In 2020

U.S. oil producers have been under pressure from investors to cut back on drilling new wells and instead use the cash for dividends and buybacks.

February 19, 2020

Public Capital , Shale Plays , Acquisitions & Divestitures

Debt-laden Lilis Energy To Sell Permian Basin Acreage Chunk

Lilis Energy plans to use the roughly $24.9 million of cash proceeds from the Permian Basin acreage sale to fund a substantial portion of its borrowing base deficiency.

February 14, 2020