Evolution Petroleum Announces Results for the Fiscal 2019 Second Quarter Ended December 31, 2018 and Declares 22nd Consecutive Quarterly Common Stock Dividend
Matrix Service Company Reports Second Quarter Results; Increases Fiscal 2019 Revenue Guidance, Maintains Earnings Guidance
SRC Energy Inc. Issues Preliminary Fourth Quarter 2018 Results and Provides 2019 Guidance
Blue Bird Delivers Strong Fiscal 2019 First Quarter Results
Apollo Investment Corporation Reports Financial Results for the Quarter Ended December 31, 2018
Revenue falls 15% sequentially By Richard Rostad, analyst, Oil & Gas 360 Liberty Oilfield Services (ticker: LBRT) announced fourth quarter results today, showing $34 million in net income, or $0.27 per share. Liberty reported $473 million in revenue in Q4, down 15% sequentially but up 5% year-over-year. The company generated just under $13 million in adjusted EIBTDA per active frac
Not changing November’s 2019 spending guidance: $4.5 billion with 70 percent going to shale By Richard Rostad, analyst, Oil & Gas 360 Anadarko Petroleum (ticker: APC) announced fourth quarter results today, showing net income of $102 million, or $0.21 per share. Anadarko produced 701 MBOEPD in Q4 2018, up from 637 MBOEPD in Q4 2017. Yearly production was down slightly,
From Reuters Tests of the first shale well at Cuadrilla’s site in northwest England show a rich reservoir of high quality and recoverable gas, the British firm said on Wednesday, adding that rules that have constrained its testing work should be eased. Cuadrilla is using a technique called hydraulic fracturing that involves injecting water and chemicals at high pressure to
From Reuters Suncor Energy Inc, one of Canada’s biggest oil producers, expects the province of Alberta to end mandatory production curtailments ahead of schedule as they have caused a price boost that makes rail shipments uneconomic, Chief Executive Officer Steve Williams said on Wednesday. Such unintended consequences are happening faster than the Alberta government likely expected, and it should now
From Reuters Russia’s Gazprom is looking to gain an even larger gas market share in Europe following record-high 2018 exports, expecting a decline in Europe’s gas output combined with rising demand, a senior manager at the company said. Last year it sold more than 200 billion cubic meters of gas to Europe, including Turkey, while its gas market share in
From Bloomberg Just a year after rushing into America’s busiest oil field with new mines, frack-sand producers may have overdone it. West Texas sand used in the hydraulic fracturing process will drop 19 percent this year to about $30 a ton compared to 2018, according to industry consultant Rystad Energy AS. Sand pricing is a key financial input for oil explorers because fracking is
Another full-cycle provider of water management services–including water gathering, treatment, recycling and disposal–is moving from idea toward reality in the Permian Basin. Waterfield is the name of Blackstone’s (NYSE:BX) newly launched water midstream platform in the Permian Basin. The venture is backed by a $500-million equity commitment to pursue greenfield development and acquisitions of water-related infrastructure by funds of Blackstone Energy
