Exclusive: Diamondback’s Execution Machine and the Mythical Generalist Investor [WATCH]

Diamondback Energy’s president and CFO, Kaes Van’t Hof, spoke to Hart Energy about the return of the “mythical generalist investor” plus what’s next for the Permian company after closing its recent $1.6 billion acquisition.

Diamondback CFO: Regulations May Ultimately Help the Industry

While uncertainty remains around the expected regulations resulting from the surprise EPA drop, “our shareholders demand we do better than the regulations anyway,” Diamondback Energy CFO Kaes Van’t Hof told attendees of Hart Energy’s Executive Oil Conference.

YPF Eyes Ambitious Capex Plan Driven by Vaca Muerta Operations

YPF, which set up a $4 billion capex plan for 2022, is still working on next year’s budget, CFO Alejandro Lew told investors on a call to discuss third-quarter results

Here’s What Else EOG Will Say About the ‘New’ Utica

EOG Resources’ new Ohio Utica position is “almost reminiscent of what we saw nearly a decade ago happening in the Delaware Basin,” said CEO Ezra Yacob.

More Trouble for Shale: US Oil Gains Slow, Costs Rise

Diamondback Energy CEO Travis Stice said the top U.S. shale field has stretched to volumes of between 5.3 million to 5.5 million bbl/d. But the industry “is going to be challenged to continue to grow that into the future.”

Diamondback Energy Quarterly Profit Beats Market Estimates

Diamondback Energy raised its full-year net production guidance to 385,000-386,000 boe/d, to reflect the additional 7,400 boe/d the FireBird acquisition is expected to add. It also raised its capex for the year.

Natgas-Bagging: Chesapeake’s Choking Back Haynesville Growth for Now

Chesapeake Energy is teeing up for more natural gas takeaway and LNG demand in late 2023 and into 2024. Plans have been canceled for adding an eighth rig in the Haynesville.

EOG Resources Unveils New Ohio Utica Combo Position

EOG Resources established a new position in the Ohio Utica Combo play for a combined cost of entry of less than $500 million, the company said in its Nov. 3 earnings release.

Marathon Oil to Acquire Ensign in $3 Billion Eagle Ford Deal

Through its acquisition of Ensign Natural Resources, Marathon Oil is gaining 130,000 net acres adjacent to the Houston-based company’s existing Eagle Ford position in South Texas.

Permian Shale Output is Losing Steam for Top US Oil Producers

Pioneer Natural Resources told investors it will reshuffle its drilling portfolio next year to target wells with potentially higher returns, a move to boost lagging productivity levels. Chevron and Exxon Mobil also offered cautious notes on their Permian oil and gas volumes.