Post Tagged with: "capital plan"

Oil and Gas Spending Cuts are Inevitable for 2016 – Will Production Follow?

Oil and Gas Spending Cuts are Inevitable for 2016 – Will Production Follow?

Budget layouts and capital expenditure plans for 2016 are trickling onto the newswires, with EQT Corp. (ticker: EQT), Noble Energy (ticker: NBL) and PDC Energy (ticker: PDCE) all unveiling their plans within the week. To date, the plans are …

Capital Markets Remain Hot for Oil & Gas Companies

Capital Markets Remain Hot for Oil & Gas Companies

More than $3.2 billion in capital raises were either announced or closed this week by three separate oil and gas companies. The largest raise comes from SandRidge Energy (ticker: SD) at a price of $1.25 billion of 8.75% senior notes, …

ConocoPhillips Trims Capital Budget thru 2017

ConocoPhillips Trims Capital Budget thru 2017

Updated 2015 Guidance is 31% Below 2014 Expenditures

ConocoPhillips (ticker: COP) has revised its capital plan to $11.5 billion per year through 2017, according to a news release issued on March 17, 2015. COP had originally set its 2015 budget …

Capital Raises Accelerating as E&Ps Dig in for a Tumultuous 2015

Capital Raises Accelerating as E&Ps Dig in for a Tumultuous 2015

The cycles of the oil and gas market are inevitable, and throughout its history the industry has consistently recovered from downturns even as severe as the one we are experiencing today.

Although the market swings are hardly ever uniform, independent …

Capital Spending News

Capital Spending News

Updates from March 3, 2015 include:

Anadarko Announces 2015 Capital Program And Guidance – Click for release.

  • Recap: 2015 guidance of $5.4 to $5.8 billion, down roughly 40% from 2014’s total of $9.3 billion. U.S. onshore activity will get the