Friday, May 29, 2026

More North American E&Ps Slow Production Growth, Cut 2019 CapEx

Husky: flat production, cuts spending by $300 million Several North American oil and gas companies announced 2019 guidance today, continuing the trends seen in releases earlier in the week from Diamondback and Parsley. Husky Energy (stock ticker: HSE) announced it will spend $3.4 billion in 2019, split between upstream and downstream investments. This sum is $300 million below the company’s

Houston energy co. cuts jobs, closing headquarters after bankruptcy auction -oilandgas360

Alta Mesa C-Suite Exits, Meridian Energy Team Steps In

Alta Mesa Resources, Inc. (stock ticker: AMR) has announced the resignations of Harlan H. Chappelle, president and chief executive officer, and Michael E. Ellis, VP and chief operating officer—upstream. The two resignations will be effective December 26, 2018. Both Chappelle and Ellis resigned as members of the board of directors, effective immediately. The company said Executive Chairman James Hackett has