Nine Energy Service Announces Second Quarter 2023 Results
August 3, 2023
Revenue, net loss and adjusted EBITDA A of $161.4 million, $(2.5) million and $21.7 million, …
The oil price rally is gaining serious momentum
August 3, 2023
Oil Price The oil markets were slow to react to obviously bullish catalysts such as supply cuts, falling inventories and growing demand when they first kicked in about three months ago. Indeed, it appeared that the bears were about to overrun the markets, with bearish positioning in the oil futures markets recently sinking to the extremes they last did during the 2009
SilverBow Resources announces second quarter 2023 results
August 3, 2023
Oil and Gas 360 Publisher’s Note: SilverBow Resources will be a presenter at EnerCom Denver – The Energy Investment Conference. Investors, analysts, and energy industry professionals can still register to attend at www.enercomdenver.com Second quarter equivalent net production at high end of guidance, with oil production exceeding guidance Production increased approximately 40% year-over-year Lowering full year 2023 capex
SM Energy reports second quarter 2023 results: Strong operational execution and increased return of capital; closed transactions adding 22,800 net midland acres
August 3, 2023
Oil and Gas 360 Publisher’s Note: SM Energy will be a presenter at EnerCom Denver – The Energy Investment Conference. Investors, analysts, and energy industry professionals can still register to attend at www.enercomdenver.com DENVER, Aug. 2, 2023 /PRNewswire/ — SM Energy Company (the “Company”) (NYSE: SM) today announced operating and financial results for the second quarter 2023 and provided certain full year and
ExxonMobil places all Argentinian shale assets under review
August 3, 2023
World Oil (Bloomberg) – ExxonMobil Corp., which once planned to bet big on Argentina’s oil and gas riches, has put all of its shale assets in the country under review. Exxon is involved in six areas of Argentina’s heralded Vaca Muerta — Spanish for Dead Cow — formation in Patagonia. The company’s plans to ramp up development of its flagship site,
Oil prices rally in response to production cut extension in Saudi Arabia
August 3, 2023
2023-08-03 11:12:46 ET Aug. 3 (UPI) — The Ministry of Energy in the Saudi government s…
Saudi Arabia will extend voluntary 1 mln bpd oil cut through Sept – SPA
August 3, 2023
Nasdaq DUBAI – Saudi Arabia will extend a voluntary oil output cut of one million barrels per day for another month to include September, the state news agency SPA said on Thursday. The agency cited an official source at the ministry of energy as saying the cut can be “extended, or extended and deepened”. The kingdom’s production for September will
Weekly Gas Storage: Inventories increase by 14 Bcf
August 3, 2023
Natural Gas Inventories as of July 28, 2023 The EIA has released its natural gas inventory report, showing a net increase of 14 Bcf as of July 28, 2023. Working gas in storage was 3,001 Bcf as of Friday, July 28, 2023, according to EIA estimates. This represents a net increase of 14 Bcf from the previous week. Stocks were
Targa Resources Corp. Reports Second Quarter 2023 Financial Results
August 3, 2023
HOUSTON, Aug. 03, 2023 (GLOBE NEWSWIRE) — Targa Resources Corp. (NYSE: TRGP) (“TRGP, …
Canadian Natural Resources Limited Announces 2023 Second Quarter Results
August 3, 2023
Calgary, Alberta–(Newsfile Corp. – August 3, 2023) – Commenting on the Company’s (TSX: CNQ) (NYS…
