The Latest

Range Resources Holds Production Steady in 1Q 2024

NGLs are providing a boost for Range Resources as the company waits for natural gas demand to rebound.

EQT Sees Clear Path to $5B in Potential Divestments

EQT Corp. executives said that an April deal with Equinor has been a catalyst for talks with potential buyers.

Matador Hoards Dry Powder for Potential M&A, Adds Delaware Acreage

Delaware-focused E&P Matador Resources is growing oil production, expanding midstream capacity, keeping debt low and hunting for M&A opportunities.

PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt

PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.

SLB’s ChampionX Acquisition Key to Production Recovery Market

During a quarterly earnings call, SLB CEO Olivier Le Peuch highlighted the production recovery market as a key part of the company’s growth strategy.

Kinder Morgan Sees Need for Another Permian NatGas Pipeline

Negative prices, tight capacity and upcoming demand are driving natural gas leaders at Kinder Morgan to think about more takeaway capacity.

E&P Earnings Season Proves Up Stronger Efficiencies, Profits

The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.

Aramco Reports Second Highest Net Income for 2023

The year-on-year decline was due to lower crude oil prices and volumes sold and lower refining and chemicals margins.

Will the Ends Justify the Means for W&T Offshore?

After several acquisitions toward the end of 2023, W&T Offshore executives say the offshore E&P is poised for a bounce-back year in 2024.

Berry Bolts On More California Assets as Kern County M&A Continues

As Berry Corp. continues its aggressive hunt for growth opportunities outside of California, the E&P made a second bolt-on acquisition in Kern County in the fourth quarter.