Public Capital

Public Capital , Infrastructure , Shale Plays , Pipelines

Shares of Oil Producers Tied to Dakota Access Pipeline Rise

Shares of North Dakota oil producers Oasis Petroleum, Continental Resources and Enerplus were trading higher after the U.S. Army Corps of Engineers said it would allow the Dakota Access pipeline to run.

April 12, 2021

Public Capital , People , Shale Plays

Antero Resources Co-founder Glen Warren to Retire

Glen Warren, who currently serves as president and CFO of Antero Resources and president of Antero Midstream, co-founded the Appalachia shale producer in 2002 alongside CEO Paul Rady.

April 9, 2021

Public Capital , Health, Safety & Environment , Emissions

Chevron Shareholders to Vote on Climate Change Proposals

Chevron has set emissions targets for this decade and laid out plans to keep project spending low but increase oil and gas output.

April 8, 2021

Public Capital , Natural Gas , Renewables , Mergers

Daniel Rice-led SPAC Forms Leading Renewable Natural Gas Platform in Billion-dollar Merger

Rice Acquisition Corp. agreed to a business combination worth over $1 billion with Aria Energy and Archaea Energy, both of which are leaders in the U.S. landfill gas and renewable natural gas sectors.

April 8, 2021

Public Capital , Exploration & Production , Shale Plays

Laterals, Exports, Price Among Keys to Haynesville Shale Success

Goodrich Petroleum COO shares insight on its operations in the gassy Haynesville Shale as forecasts show natural gas prices and LNG exports rising.

April 8, 2021

Public Capital , Exploration & Production , Shale Plays , Acquisitions & Divestitures

Hess Sells Bakken Acreage in $312 Million Deal to Enerplus

The sale to Enerplus consists of non-strategic interests in Bakken acreage in North Dakota that CEO John Hess said the company wasn’t planning on drilling before 2026.

April 8, 2021

Public Capital , Exploration & Production , Health, Safety & Environment , Emissions

Canada’s Biggest Oil Producers Plan New Emissions Targets, No Pivot to Renewables

Canadian Natural Resources and Cenovus Energy, two of Canada’s biggest oil producers, plan to set new goals to reduce greenhouse gas emissions but will not pivot entirely away from their core businesses.

April 7, 2021

Public Capital , Investment

BP Hits $35 Billion Net Debt Target Ahead of Schedule

Shares in BP, which had previously expected to reach the net debt target in around fourth-quarter 2021 or first-quarter 2022, rose as much as 3% in early trade on news it would reach the target sooner.

April 6, 2021

Public Capital , Investment , Renewables , Shale Plays

Opinion: Why Are Fossil Fuel Investors in the Green for 2021?

There has been a lot of capital thrown at clean energy development in recent years, but it is fossil fuel equities that are on the rise.

April 6, 2021

Public Capital , Shale Plays , Acquisitions & Divestitures , Mergers

Pioneer Natural Resources Falls after Surprise Multibillion-dollar Shale Deal

DoublePoint Energy will add 97,000 acres to Pioneer’s holdings in the Permian Basin and analysts at Cowen & Co. praised the deal, saying it “undoubtedly fits like a glove within PXD’s Midland Basin acreage.”

April 5, 2021