Carrizo Oil & Gas, Inc. (ticker: CRZO) had a net income of $14.7 million, or $0.18 per share in Q1 2018. The company went above the high-end of its guidance …
Eclipse Resources Corporation (ticker: ECR) reported a net loss for Q1 2018 of $2.6 million, or $(0.01) per share. Average net daily production was 315.2 MMcfe/d, consisting of 72% natural gas and 28% liquids.
The company had realized an average …
Contango Oil & Gas Company (ticker: MCF) posted a net income of $0.9 million, or $0.04 per share for Q1 2018. Production for the first quarter of 2018 was approximately 4.5 Bcfe, or 50.0 MMcfe/d.
President and CEO Allan D. …
Newfield Exploration Company (ticker: NFX) had record net production during Q1 2018, with SCOOP/STACK net production averaging 117,500 …
From the Houston Chronicle
Matt McCarroll’s oil company recently emerged from bankruptcy with one of the largest positions in the Gulf of Mexico and plans to invest $750 million dispatching rigs over the next two years in its first drilling …
From The Canadian Press
CALGARY – A regulator’s lifting of pressure restrictions on the Keystone oil pipeline in the United States earlier this week is expected to help reduce discounts being paid for Western Canadian heavy crude.
Matthew John, spokesman …
RSP Permian Inc. (ticker: RSPP) posted a Q1 2018 net income of $89.6 million, or $0.57 per diluted common share. Production for the quarter increased 39% to 62.8 MBOEPD (72% oil, 87% liquids) compared to Q1 2017.
The company …
Pioneer Natural Resources Company (ticker: PXD) reported …
WPX Energy, Inc. (ticker: WPX) reported a net loss of $119 million, or $(0.30) per common share for the first quarter of 2018. Production for the quarter reached 102.7 MBOEPD, a 6% sequential increase over Q4 2017 and 76% higher …
The Colorado Alliance of Mineral and Royalty Owners (CAMRO) has filed an amicus curiae brief discussing how the desired changes sought out in the Martinez case would affect …
From the Gazette-Mail
WHEELING — After a long-awaited “co-tenancy” bill was signed into law, presenters at an oil and gas conference told industry players Wednesday to make sure the industry …
From Bloomberg
North America’s great oil surge of 2018 amid the highest oil prices in more than three years is threatened by pipeline gridlock from West Texas to Alberta and …
Chesapeake Energy Corporation (ticker: CHK) reported net income available to common stockholders of $268 million, or $0.29 per share for Q1 of 2018. Chesapeake’s average daily production for the first quarter of 2018 was approximately 554,000 BOE, compared to approximately …
Concho Resources Inc. (ticker: CXO) bought home a net income of $835 million, or $5.58 per diluted share for Q1 2018. Last year at this reporting period, Concho had a net income of $650 …
Hi-Crush Partners LP (ticker: HCLP) reported a Q1 2018 net income of $53.1 million, or $0.59 per diluted share. Revenues for the quarter totaled $218.1 million on sales of 2,617,627 tons of frac sand. Capital expenditures in Q1 2018 were …
Mike Sommers will be the new president and CEO of the American Petroleum Institute, following an election this afternoon by API’s board. Sommers brings two decades of political experience to API, including his current role as president and CEO of …
From the Dallas Morning News
Texas added barely any oil and gas jobs last year even as the state continued to dominate the industry, according to …
Noble Energy, Inc. (ticker: NBL) started off 2018 by reporting first quarter net income of $554 million, or $1.14 per share. Adjusted net income and adjusted net income per share attributable to Noble for the quarter was $172 million, or …
Encana Corporation (ticker: ECA) opened 2018 with Q1 net earnings of $151 million. This compares to Q1 2017’s net earnings of $431 million. Cash generated from operating activities reached $381 million, which compares to $106 million in Q1 2017.
Encana’s …
Comstock Resources, Inc. Announces Closing of Eagle Ford Shale Divestiture
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From Bloomberg
For the biggest U.S. oil explorers, the first quarter was a study in contrasts: …
From the Denver Post
A state judge …
Stone Energy Corporation Announces Agreement to Purchase Ram Powell Field
…
EnerCom, Inc. is pleased to announce the 23rd edition of The Oil & Gas Conference® will be held August 19-22, 2018, at the Westin Denver Downtown.
Investment and oil and gas professionals may register for the event through the …
QEP Resources, Inc. (ticker: QEP) reported a net loss of $53.6 million, or $(0.22) per diluted share for the first quarter of 2018, compared to Q1 2017 when the company had a net income of $76.9 million, or $0.32 per …
EQT Corporation (ticker: EQT) reported a net loss of income attributable to EQT of $1,586 million, or $(5.99) per diluted earnings per share.
The net loss attributable to EQT for the first quarter of 2018 was impacted by an impairment …
Range Resources Corporation (ticker: RRC) reported a net income of $49 million, or $0.20 per diluted share.
“The first quarter was a good start to the year, generating record quarterly cash flow while remaining on track to deliver our expected …
ConocoPhillips Company (ticker: COP) reported first quarter 2018 earnings of $0.9 billion, or $0.75 per share. This compares to first quarter 2017 earnings of $0.6 billion, or $0.47 per share.
First quarter production, excluding Libya, was 1,224 MBOEPD. Production from …
ConocoPhillips (NYSE: COP) said that an international arbitration tribunal ruled it was due $2.04 billion from Petróleos de Venezuela, S.A. (PDVSA) and two of its …
BAGHDAD — Iraq is opening more of its untapped oil and gas resources to foreign developers, hoping to increase revenue after its costly war with …
