Sunday, September 7, 2025
Continental Reesources

Continental Resources Sets Record in Oklahoma

SCOOP drilling unit comes on at 41,701 BOEPD; new Bakken completions jump IRRs 82% at $50 oil Continental Resources (ticker: CLR) reported third quarter results today, showing net earnings of $10.62 million, or $0.03 per share. Continental produced an average of 242.7 MBOEPD in Q3, up 7% sequentially. This growth was achieved despite unusually rainy weather in the Bakken and

Cimarex Energy: Net Income of $91.4 Million for Q3 2017

We’re going to continue to push that envelope for as long as we’re in business – Tom Jorden Cimarex Energy Co. (ticker: XEC) reported third quarter 2017 net income of $91.4 million, or $0.96 per share, compared to a net loss of $10.7 million, or ($0.12) per share, in the same period a year ago. Net cash provided by operating activities was $251.0 million in the third

Parsley Energy Adds 1.2 Million Lateral Feet to Drilling Inventory Without Spending a Dime

200 net locations added, 300 locations extended Parsley Energy (ticker: PE) announced third quarter results today, showing a net loss of $13.3 million, or ($0.05) per share. After excluding special charges, Parsley earned $29.3 million, or $0.12 in the quarter. Parsley produced 71.5 MBOEPD in Q2, up 11% sequentially and 66% year-over-year. Oil’s share of production fell slightly, as oil

Encana “Develops the Cube” in Permian, Montney

October production already exceeds Q4 target Encana (ticker: ECA) reported third quarter results today, showing net earnings of $294 million, or $0.30 per share. Encana produced 284 MBOEPD in Q3, down from the 316 MBOEPD the company produced in Q2. This production drop reflects decreased natural gas output, primarily due to the company’s sale of its Piceance Basin assets, which