Public Capital

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

Laredo Petroleum Targets Oil Growth In $130 Million Permian Purchase

Jason Pigott, who took over as Laredo CEO last month, said the purchase of acreage in Howard County, Texas, is the company’s next strategic step in creating additional value for its stakeholders.

November 13, 2019

Public Capital , Earnings , Exploration & Production

Tullow Oil Shares Sink With Production Outlook In Guyana

Tullow Oil's stock, which surged on the news from oil discoveries offshore Guyana, shed as much as 22% of its value on Nov. 13.

November 13, 2019

Public Capital , Acquisitions & Divestitures

Kimbell Royalty Partners Tacks On Eagle Ford Core In All-Stock Deal

Kimbell’s all-stock acquisition, with privately-held Buckhorn Resources, includes mineral and royalty assets primarily located in the core of the Eagle Ford Shale in South Texas.

November 12, 2019

IPO , International

Aramco IPO A Critical Test For Young Saudi Exchange

The imminent listing of oil giant Saudi Aramco will be a pivotal moment for Saudi Arabia's young and untested Tadawul stock exchange.

November 12, 2019

Public Capital , Earnings , Unconventional

US Frack Sand Suppliers Become Latest Casualties In Shale Slump

Companies that fracture wells are cutting workers and idling equipment.

November 11, 2019

Public Capital , Earnings , Deepwater

Miner BHP Taps Oil, Gas For Growth After Shale Exit

Last year, BHP ended a massive loss-making seven-year foray into shale by selling most of its U.S. onshore shale oil and gas assets to BP for $10.5 billion.

November 11, 2019

Public Capital

Questions Hang Over Saudi Aramco’s Colossal Valuation

Saudi Arabia has been pulling out the stops to entice potential investors in the stock market flotation of its state energy giant, in what could be the world’s biggest ever listing.

November 10, 2019

Public Capital

Activist Investor Carl Icahn Sells Nearly Third Of His Occidental Petroleum Stake

Icahn sold 10 million shares and now holds 23 million shares, valued around $900 million, he said. He had owned a $1.6 billion stake in Occidental as of May 30.

November 8, 2019

Public Capital , Unconventional , Shale Plays , Acquisitions & Divestitures

Equinor Sells Eagle Ford Asset In $325 Million Deal

Equinor entered the Eagle Ford asset at the height of the U.S. shale boom in 2010 through a 50/50 JV acquisition with Talisman Energy, now owned by Repsol.

November 7, 2019

Public Capital , Exploration & Production , Emissions

Carbon Tracker Report: Paris Targets Require Majors, E&Ps To Shrink

Many oil and gas companies, particularly the majors, have publicized their efforts to be good stewards of the environment, particularly on climate change.

November 6, 2019