Devon Energy Targets Oil Transformation By Year-End 2019
Oklahoma City-based Devon Energy launched plans for its transformation on Feb. 19 including the possible sale or spin-off of its Canadian and Barnett Shale assets.
February 19, 2019
The Latest
Three Rivers Returns With Riverstone Commitment For Up To $500 Million
Three Rivers IV LLC emerged earlier this month following an equity commitment of up to $500 million by Riverstone Holdings to focus on oil and gas acquisition opportunities in the Permian Basin.
February 19, 2019
Mid-Con Energy Reveals Over $87 Million In Deals Including Texas Exit
In a two-hitter, Mid-Con Energy agreed to sell substantially all of its Texas properties while also picking up producing Oklahoma properties.
February 19, 2019
Texas A&M Dean of Engineering Says Increasing Women In STEM Fields A Must For US
Women make up less than 20% of the engineering graduates in the United States.
February 19, 2019
Targa Resources Agrees To Sell Stake In Bakken Assets For $1.6 Billion
Funds managed by Blackstone agreed to acquire the stake in Targa Badlands, which operates oil and gas gathering and processing assets in the Bakken.
February 19, 2019
Frac Sand Supplier U.S. Silica Posts Smaller-Than-Expected Loss
U.S. Silica Holding has been investing in this unit as it records slowing growth in its oil and gas proppant segment, with oil producers hampered by tight pipeline capacity and lower crude prices holding back on completing wells.
February 19, 2019
Noble Energy Posts Slight Profit Miss; Forecast Lower 2019 Capex
By the end of 2019, Noble Energy's U.S. land business will underpin production growth of 5% to 10% per year, said CEO David Stover in a statement on Feb. 19.
February 19, 2019
Smid-Cap Oil And Gas Stocks At Bargain Prices
Analysts name small- and midcap stocks to watch this year and into 2020.
February 18, 2019
Setting Up For Grand Slam Deals
Contrast that to the S&P 500 over that period, and, “the rest of the market looked pretty easy to make money in. There’s a lot of frustration in the market.”
February 17, 2019
Russia's Gazprombank Freezes Accounts Of Venezuela's PDVSA: Source
Russian lender Gazprombank has decided to freeze the accounts of Venezuelan state oil company PDVSA and halted transactions with the firm to reduce the risk of the bank falling under U.S. sanctions, a Gazprombank source told Reuters on Feb. 17.
February 17, 2019