Public Capital

Public Capital , Shale Plays , Pressure Pumping

ProPetro Says No Customer Impact From SEC Disclosures, Probes

ProPetro said that while it anticipated a slight increase in next year's activity, it did not expect any uptick in profitability per frac fleet.

November 14, 2019

Public Capital , Shale Plays , Mergers

Callon Petroleum Lowers Its Asking Price For Carrizo Oil & Gas

Callon Petroleum agreed to a lower premium in its acquisition of Carrizo Oil & Gas as part of amended deal terms.

November 14, 2019

Public Capital , Trends , Mergers

M&A Pressure: Consolidation On The Climb

There’s a near-consensus on consolidation among E&Ps, but who are the buyers, and what’s the right price?

November 14, 2019

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