Analysts say the recent wave of consolidation among shale producers could also eventually lead to the end of U.S. tight oil’s growth story.
Sandy Esslemont, president and CEO of Parker Drilling, stopped by Hart Energy to discuss his new position with the international drilling service provider and outlook on the oil and gas industry as a whole.
Optimism for the dry gas sector is bubbling up like methane in a Pennsylvania spring.
Energy companies will continue to use preferred stock as an alternative financing source to fund their existing operations and future capex.
Laredo Petroleum remains “focused on executing similar, reasonably-priced bolt-on acquisitions around our core position in Howard County,” CEO Jason Pigott says.
Cracks have begun to show in the traditional performance metrics for executive compensation in the oil and gas industry, and there’s a growing push to reconsider them in the new environment.
Martin Midstream’s founder, Ruben Martin, will retire as president and CEO on Dec. 31, but remain as board chairman and will continue to be actively involved in its business development.
The letter argued that reports showed Mexican President Andres Manuel Lopez Obrador is providing preferential regulatory treatment for state oil firm Pemex and delaying or canceling permits for U.S. energy companies.
Trump pounced on Biden's comment during the final debate that he "would transition from the oil industry," asking voters in states where the oil industry is important to note his stance.
EQT had recently sent a takeover proposal to rival CNX Resources, a report said, adding that no final decision has been made.
U.S. oilfield services firm Patterson-UTI Energy expects oil and gas activity to continue to improve through at least the first quarter of 2021, CEO Andy Hendricks told investors.