Post Tagged with: "2015 guidance"

Continental Resources Trims 2015 Capital Budget, Reduces Rig Count

Continental Resources Trims 2015 Capital Budget, Reduces Rig Count

Maintains Guidance Despite 12% Budget Cut

Citing low commodity prices, Continental Resources (ticker: CLR) cut its 2015 non-acquisition budget to $2.35 to $2.40 billion, down from its previous guidance of $2.70 billion. In a company release, management said the adjustment …

Capital Spending News

Capital Spending News

Updates from March 3, 2015 include:

Anadarko Announces 2015 Capital Program And Guidance – Click for release.

  • Recap: 2015 guidance of $5.4 to $5.8 billion, down roughly 40% from 2014’s total of $9.3 billion. U.S. onshore activity will get the
2015 E&P Guidance: Capital Cuts Across the Board

2015 E&P Guidance: Capital Cuts Across the Board

As expected, the majority of North American E&Ps are slashing budgets in anticipation for 2015 – a year in which the Energy Information Administration forecasts West Texas Intermediate prices at $62.75/barrel. A common theme in 2015 guidance is a focus …

Bellatrix Exploration Announces Revised 2015 Guidance, Achievement of 2014 Production Guidance

Bellatrix Exploration Announces Revised 2015 Guidance, Achievement of 2014 Production Guidance

Bellatrix Revises 2015 CapEx and Production Guidance

Calgary-based Bellatrix Exploration (ticker: BXE) announced the achievement of its 2014 year-end production guidance in a news release on December 22, 2014. The company also  revised its 2015 capital budget to $300 million, …