Monday, June 8, 2026

Goodrich Petroleum Announces Final Results Of Preferred Stock Tender Offer

Goodrich Petroleum Corporation (GDP) (the “Company”) today announced final results from its previously announced tender offer to exchange depositary shares of the Company’s newly created 10.00% Series E Cumulative Convertible Preferred Stock (the “Series E Preferred Stock”) for any and all issued and outstanding shares of the Company’s 5.375% Series B Cumulative Convertible Preferred Stock (“Series B Preferred Stock”), up

New Tanker Designed to Haul LNG Across Alaska

From the News-Miner – FairbanksA specially designed trailer with additional axles, is under consideration for transporting supercooled liquefied natural gas is on display in front of the Fairbanks Pipeline Training Center for an event hosted by the Greater Fairbanks Chamber of Commerce and the Fairbanks Economic Development Corporation Monday afternoon December 14, 2015. FAIRBANKS — During the years the state has worked on bringing

Oil & Gas 360

Moody’s Calls for Oil Prices to “Eventually Rebound”

Revises Price Assumptions Down in the Interim A Moody’s Investors Service report out today has lowered pricing assumptions for Brent and WTI and examines how a sustained period of lower oil prices would affect certain industries in producing and non-producing countries. Moody’s revised its crude oil spot pricing assumptions as follows: The report sums up the situation as follows: “Ongoing

Halliburton + Baker Hughes Merger Hits Skids

United States, Australia U.S. Department of Justice Still Not Satisfied with Terms Industry enthusiasts waiting for approval of the impending merger between Halliburton (ticker: HAL) and Baker Hughes (ticker: BHI) will have to wait a little longer. For the third time, the United States Department of Justice (DOJ) halted approval of the highly publicized merger between two of the world’s

Energy Market Upside: Cimarex continues to push the limits in low price environment

Cimarex Balances Innovation and Efficiency Cimarex (ticker: XEC) continues to look for the best long-cycle returns on their drilling, and the company appears to have found it in its long-length laterals. The company is increasingly looking to improve the efficiency of its two-mile laterals, reporting that its first lateral of this length in the Meramec in Oklahoma is showing a

Magnum Hunter Resources Corporation Files Voluntary Chapter 11 Petitions to Facilitate Balance Sheet Restructuring

Company Maintaining All Existing Operations During Restructuring Process Magnum Hunter Resources Corporation (OTC PINK:MHRC) and certain of its wholly-owned subsidiaries (collectively, the “Company” or “Magnum Hunter”) today announced that they have filed voluntary petitions for relief under chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware to facilitate the restructuring

Aveva and Schneider Call Off Merger as Too Risky

From Reuters LONDON (Reuters) – France’s Schneider Electric <SCHN.PA> has pulled out of the planned acquisition of a majority of Britain’s Aveva <AVV.L>, saying the two companies had mutually agreed that the proposed deal would be too risky and expensive. Shares in Aveva, a maker of software to design oil rigs, ships and nuclear power stations, crashed 34 percent to

Yorkville Capital Launches MLP Hedge Fund

Hedge Fund Strategy Addresses Institutional Investors’ MLP Concerns NEW YORK, NY–(Marketwired – December 15, 2015) – Yorkville Capital Management, a research-driven investment manager of master limited partnerships (MLPs), today announced the launch of a long-short MLP hedge strategy. The strategy addresses the major road-blocks keeping institutional investors from investing in the MLP asset class specifically price volatility and tax complexities.

YPF, Dow To Invest $500M In Argentina Shale In 2016

From the Wall Street Journal Total investment could reach $2.5 billion in coming years BUENOS AIRES—Argentina’s state-run oil company, YPF SA, and Dow Argentina, the local unit of Dow Chemical Co., said Tuesday they will invest $500 million in 2016 to explore for shale gas. The companies, which have already invested $350 million in a joint shale gas venture, said in a statement that total

Energy Market Upside: Pioneer Natural Resources Keeps Leverage Low

Pioneer offers low leverage for a high EBITDA margin Lower oil prices have put strain on even the best of companies. Those that have managed to maintain strong balance sheets stand to weather the storm the best, as low oil prices persist. Pioneer Natural Resources (ticker: PXD) has kept its debt load low compared to its peers, giving it more

Oil and Gas Spending Cuts Already Apparent for 2016

The year over year drops in 2015 capital expenditures were significant, but apparently not significant enough. Budgets for 2016 are trickling onto the newswires, and some of the largest companies in the business are pulling back on costs yet again. Heavyweights like Chevron (ticker: CVX) and ConocoPhillips (ticker: COP) are reducing capital but abiding to their dividends; other debt-laden E&Ps

M&A Deal Value Down 23.8% in Oil and Gas, Up 55.1% in Overall U.S. M&A

Lower commodity prices reduce size and volume of energy M&A in 2015 Lower prices for crude oil and natural gas reduced the average deal size and the volume of mergers and acquisitions in the oil and gas industry in 2015. According to a report from Ernst & Young, there were 382 U.S. oil and gas deals in 2015, down 23.8%