Saturday, July 5, 2025
Oil & Gas 360

Bam! It’s Earnings Season Again – Q1’16 Estimates

Q1 Reporting Kicks Off Tomorrow for the Oil & Gas Industry The first quarter closed on March 31 for most of the U.S. oil and gas companies, and earnings news releases and Q1 conference calls are about to hit hard and fast (see earnings calendar here). EnerCom, Inc. has compiled first quarter earnings per share, revenue, EBITDA and cash flow per share

U.S. Liquid Fuel Production Increases 6th Consecutive Year

Total 2015 U.S. energy production was 89 quadrillion BTUs, 91% of consumption The United States total energy production saw an increase for the sixth consecutive year. Data collected from EIA’s Monthly Energy Review stated that energy production in the U.S. totaled 89 quadrillion British Thermal Units. The total amount of energy produced in the U.S. in 2015 corresponded to roughly

TMS Pioneer Goodrich Petroleum Files Chapter 11 and Announces Plan for Restructuring

On April 15, 2016, Goodrich Petroleum announced the company has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The RSA and the bankruptcy proceeding will allow for the restructuring of the Company’s balance sheet, which will strengthen the company’s financial position by reducing long-term debt and enhancing financial flexibility. Under the terms of the restructuring arrangement, Goodrich