Sign up for FREE access to view this article now!
Unlock Free AccessRecommended Reading
Ring Energy to Acquire Stronghold for up to $465 Million
2022-07-05 - Following the closing of the transaction, the owners of Stronghold II Operating, founded in 2017 by father and son duo Steve and Caleb Weatherl, will become Ring Energy’s largest stockholder.
ProFrac Prices IPO Below Target Range to Raise $288 Million
2022-05-13 - ProFrac’s listing, which raised $288 million from the issue of 16 million new shares, comes in a rocky year for U.S. capital markets and underscores the challenges facing IPO-bound companies.
Continental Resources Raises Annual Output Forecast on High Oil Prices
2022-04-28 - In the wake of the sanctions imposed on oil and natural gas imported from Russia, Continental Resources has raised its annual production expectations.
Wilks Brothers-backed ProFrac Sees Tepid NASDAQ Debut
2022-05-13 - ProFrac’s listing comes at an inopportune time, with equity markets bleeding from fears of aggressive monetary policy tightening by the Federal Reserve and impacts of the Russia-Ukraine war.
ConocoPhillips’ Shareholders Vote Against New Emissions-reduction Targets
2022-05-10 - ConocoPhillips’ board recommended that shareholders vote against the proposal, saying it did not believe Scope 3 targets were appropriate for a company focused entirely on the exploration and production of fossil fuels.