Range Resources Corp. (ticker: RRC) released first quarter 2017 financial results.
Permian-focused Parsley Energy (NYSE: PE) closed the acquisition of undeveloped acreage and producing oil and gas properties in the core of the Midland Basin from Double Eagle Energy Permian LLC for an aggregate purchase price of approximately $2.8 billion, consisting …
Is sand the next battleground for energy development? The early salvos are taking place in Minnesota’s Winona County.
In late 2016, Winona County commissioners voted to ban what the Minneapolis Star Tribune …
Energy XXI Gulf Coast, Inc. (ticker: EXXI) has appointed Douglas E. Brooks as its CEO and president, effective April 17, 2017, the company announced in a news release. The Energy XXI Gulf Coast Board of Directors concurrently increased the …
PDC Energy (ticker: PDCE) CEO Bart Brookman rang the Nasdaq opening bell today in celebration of PDC’s 40 years trading on Nasdaq. The company had numerous executives on site for the occasion at the Nasdaq MarketSite in Times Square.
EnerCom, Inc. has compiled first quarter earnings per share, revenue, EBITDA and cash flow per share analyst consensus estimates on 155 E&P and OilService companies in our database.
Download EnerCom’s 155-company earnings tables here.
The median OilServices company earnings …
Capital has rushed into the Permian as oil prices stabilize and operators look for the best acreage possible. The majority of that capital has been focused in the …
On April 13th, the U.S. Geological Survey ( USGS ) released what it calls “the largest continuous natural gas assessment it has yet conducted” – a …
Each year since 1994, Netherland Sewell & Associates, Inc. (NSAI), one of the industry’s most highly regarded petroleum consulting firms, has conducted its popular Oil & Gas …
Baker Hughes Industries (ticker: BHI) released the North American rig count Friday showing yet another week of increased drilling activity in the United States. The …
WildHorse Resource Development’s (ticker: WRD) existing borrowing base under its $1.0 billion multi-year revolving credit facility was increased by its 15-lender bank group to $450 million from $362.5 million, the company announced today.
WRD’s revolving credit facility matures in December …
Unit Corporation (ticker: UNT) announced the acquisition of 8,335 net acres in western Oklahoma for approximately $57 million. The acreage is located primarily in Grady and Caddo Counties, in the Hoxbar area of the …
The U.S. rig count continued to climb in the week ended March 31, 2017, with Baker Hughes reporting 15 additional rigs added to fleets across the country …
Jagged Peak Energy (ticker: JAG) went public less than two months ago, completing its IPO on January 27, 2017. The company reported its offering brought in net proceeds of $397.4 million from the sale of 31.6 million …
Five oil and gas companies have gone bankrupt in the first two months of this year, according to the most recent edition of Haynes and Boone’s Oil Patch Bankruptcy …
It’s a Wall Street quandary. It is no secret that the Permian has become the hottest play in the United States with E&Ps competing to acquire acreage, but the companies operating there …
With its 2016 reserves up 14% to 27.7 MMBOE from 24.4 MMBOE in 2015, consisting of about 90% oil, a small Midland, Texas-based oil company, Ring Energy (ticker: REI) …
EnerCom’s The Oil & Gas Conference® is one of the largest oil and gas investment conferences in the industry.
The 2016 event hosted 100+ presenting companies and 2,500+ company and investment professionals.
The 2017 event …
The White House released its FY 2018 budget proposal today, entitled “America First – A Budget Blueprint to Make America Great Again.”
The White House proposes a budget that will increase funds in support of energy development on public lands …
The most recent downturn in oil and gas prices has forced the industry to find the most economic acreage available in order to generate returns …
Resolute Energy (ticker: REN) reported fourth quarter results today, showing a net loss of $20.6 million, or ($1.23) per share. Full year results are a net …
As the oil and gas industry reacts to improvements in commodity prices over the last year companies are beginning to ramp up activities, according to analysis by KLR Group released yesterday.
According to KLR, …
Permian operator Approach Resources (ticker: AREX) reported fourth quarter results and reserves March 9, showing a net loss of $13.5 million, or ($0.32) per share. Net results for 2016 are a loss of $52.2 million, …
Everyone knew it would happen eventually: service costs are going on the rise. Halliburton (ticker: HAL) talked …
During last week’s EnerCom Dallas oil and gas investment conference, Tom Petrie, chairman and founder of Petrie Partners, gave a luncheon presentation entitled “Scoping 21st Century Energy Geopolitics.”
At …
Marathon Oil (ticker: MRO) has agreed to acquire approximately 70,000 net surface acres in the Permian basin from BC …
PetroQuest (ticker: PQ) released its fourth quarter and year-end 2016 operations and financial updates today, which continued to demonstrate the …
Onshore drilling activity remained more or less unchanged for the week ended March 3, 2017, according to Baker Hughes’ (ticker: BHI) weekly report. The number of …
Resolute Energy (ticker: REN) announced today the acquisition of 4,600 net Delaware basin acres for $160 million. In addition to the acreage, Resolute also acquired 800 BOEPD of …
Calgary-based International Frontier Resources (TSX: IFR, OTCQB: IFRTF) announced today that the company closed it previously announced private placement for gross proceeds of C$5.1 million effective March 3, 2017, which consisted of …
