Post Tagged with: "Divestitures"

Marathon Oil Closes on Sale of U.K. Business

Marathon Oil Closes on Sale of U.K. Business

Marathon Oil Closes on Sale of U.K. Business

Weatherford Ramps Up Cost Savings Plan

Weatherford Ramps Up Cost Savings Plan

Weatherford International plc (ticker: WFT) reported a net loss of $245 million, or a loss of $(0.25) per share for the first quarter of 2018.

Weatherford President and CEO Mark A. McCollum said, “The goals we have set forth for …

Bill Barrett: Conference Call Reveals Fifth Creek Merger Details

Bill Barrett: Conference Call Reveals Fifth Creek Merger Details

Colorado-based Bill Barrett Corporation (ticker: BBG) reported Q4 and year-end results today.

For the fourth quarter of 2017, the company reported a net loss of $77.8 million, or $(0.94) per diluted share. For 2017 as a whole, the company reported …

Egypt Buys $14 Billion of NatGas from Noble Energy, Delek

Egypt Buys $14 Billion of NatGas from Noble Energy, Delek

Noble Energy, Inc. (ticker: NBL) has signed agreements to sell significant quantities of natural gas from the Leviathan and Tamar fields to Dolphinus Holdings Limited to supply gas in Egypt.

These agreements, one for natural gas from Leviathan and one …

Devon: On the Way to $3 Billion Goal with $1 Billion Upstream Divestiture

Devon: On the Way to $3 Billion Goal with $1 Billion Upstream Divestiture

Devon Energy divests $1 billion in non-core assets with potentially another $1 billion on the way with the sale of its Access Pipeline interest

Devon Energy (ticker: DVN) announced roughly $1 billion in asset sales today as the company works …