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.
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.
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.
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.
Public Capital , Earnings , Unconventional
US Frack Sand Suppliers Become Latest Casualties In Shale Slump
Companies that fracture wells are cutting workers and idling equipment.
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.
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.
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.
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.
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.