I would love to think that a lot of analysis is put into determining stock and commodity values, but often times it's just psychosomatic: offer some good news, and prices go skyward. Fox News is reporting that oil prices have rallied due to positive news about the economy. Well, that's always good to hear. But it's a little frustrating too. I mean, if the media only reported positive news, would the market never drop? No, of course that. The market is not 100% divorced from reality. Something would cause a drop in commodity prices eventually, or likewise, a spike in prices. –Stephen Payne, Editor, Oil and Gas Investor This Week; www.OilandGasInvestor.com; email@example.com
2023-09-27 - White Rock Oil & Gas LLC retained TenOaks Energy Advisors for the sale of a majority operated working interest portfolio located across five regions of the lower 48—the Permian Basin, Ark-La-Tex, Rockies, Mid-Continent and Michigan.
2023-10-05 - With the acquisition, Permian output will account for half of Civitas Resources’ total production after the E&P scooped up Midland Basin E&P Vencer Energy, analysts say.
2023-10-17 - Vital Energy has pumped nearly $2 billion into Permian Basin acquisitions this year. To continue growing Vital’s oil weighting and inventory, CEO Jason Pigott sees opportunity for more deals.
2023-11-10 - Permian Resources isn’t ruling out more large-scale M&A after closing a $4.5 billion acquisition earlier this month, but the growing E&P sees multiple opportunities for small-scale bolt-ons in the Delaware Basin.
2023-09-27 - Galatyn Minerals LP retained RedOaks Energy Advisors for the sale of certain mineral and royalty properties located in Oklahoma, Louisiana and Texas.