Post Tagged with: "Valuation"

Source: Houston Chronicle

Aramco reaches prince’s $2 trillion goal in second-day surge

Houston Chronicle


Saudi Aramco shares jumped for a second day, with the oil giant’s value hitting the $2 trillion mark that alienated global investors and potentially making further share sales abroad more difficult.

The stock climbed by the daily 10% …

December 12, 2019 - 3:30 pm Closing Bell Story‎, Energy News, Finance
Saudi Aramco Valuation Gap Persists as IPO Talks Resume – Sources

Saudi Aramco Valuation Gap Persists as IPO Talks Resume – Sources

From Reuters


Saudi Crown Prince Mohammed Bin Salman is insisting on a $2 trillion valuation of oil firm Aramco, even though some bankers and company insiders say the kingdom should trim its target to around $1.5 trillion, industry and banking …

Razor Energy to Drill Newly Consolidated Kaybob Position in 2018

Razor Energy to Drill Newly Consolidated Kaybob Position in 2018

EnerCom Dallas presenter Razor Energy Corp. releases 2018 corporate budget and guidance

Alberta-based Razor Energy Corp. (ticker: RZE) announced Monday that the company has approved a corporate budget of $38.4 million for fiscal 2018. The budget will be deployed to …

A Serious Canadian Valuation Gap

A Serious Canadian Valuation Gap

Market disconnect for a Canadian junior

“Our company is undervalued” is a common phrase heard around investor conferences.

Executives are their own best cheerleaders and they constantly seek innovative ways to create value with their companies. Sometimes the assertion that …

PDC Energy Builds on Reserve Base in Year-End Update

PDC Energy Builds on Reserve Base in Year-End Update

Estimates Reserve Replacement of 247%

Operational execution was the primary takeaway from PDC Energy’s (ticker: PDCE) Q3’15 results, and the progressing development of the company’s Wattenberg assets carried over into its 2015 year-end reserves update. The news release, …

What does Chesapeake’s $5.4 billion Marcellus Divesture mean for Magnum Hunter Resources?

What does Chesapeake’s $5.4 billion Marcellus Divesture mean for Magnum Hunter Resources?

Despite the weight the Marcellus/Utica region carries on the oil and gas industry, E&Ps continue to de-risk and explore parts of the play in an attempt to find the elusive “sweet spot.”

Chesapeake Energy (ticker: CHK), one of the play’s …

October 22, 2014 - 5:27 pm Oil and Gas 360 Articles
Perspectives on Valuation — Why Callon Petroleum’s $212.6 Million Permian Basin Acquisition Delivers

Perspectives on Valuation — Why Callon Petroleum’s $212.6 Million Permian Basin Acquisition Delivers

On September 2, 2014 we reported on the acquisition of 6,230 gross acres (3,862 net) in the Midland Basin area of the Permian Basin by Callon Petroleum Company (ticker: CPE). The properties were purchased for $212.6 million in cash and …

Antero Resources: New IPO to Energize Utica and Marcellus Operations

Antero Resources (pending ticker: AR) is an independent oil and gas company based in Denver engaged in the exploitation, development, and acquisition of natural gas, NGLs and oil properties located in the Appalachia Basin. AR holds over 325,000 …

October 1, 2013 - 12:34 pm Oil and Gas 360 Articles
Williston Bound and Doubling Down: Oasis Petroleum Increases Williston Basin Position by Nearly 50%; Raises $1 Billion in Senior Notes

Williston Bound and Doubling Down: Oasis Petroleum Increases Williston Basin Position by Nearly 50%; Raises $1 Billion in Senior Notes

Oasis Petroleum Inc. (ticker: OAS) is an independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources, primarily operating in the Williston Basin.

On September 5, 2013, the company announced it …

September 11, 2013 - 11:18 am Mergers & Acquisitions, Oil and Gas 360 Articles
Deal Flow Trends in the Williston Basin

Deal Flow Trends in the Williston Basin

Over the past year and a half, the Williston Basin’s Bakken acreage has been the focus of more than 100 publicly announced transactions. From July 2011 through December 2012, Oil & Gas 360® compiled and analyzed Bakken transactions on average …

January 18, 2013 - 8:45 pm Oil and Gas 360 Articles
Whiting Petroleum Corp. – Valuation Perspectives on this Oily Producer

Whiting Petroleum Corp. – Valuation Perspectives on this Oily Producer

Whiting Petroleum Corp. (ticker: WLL) is an exploration and production company with one of the largest acreage positions in the North Dakota Bakken oil shale.  In addition to its projects in the Bakken, WLL operates enhanced oil recovery (EOR) …

January 16, 2013 - 8:54 pm Oil and Gas 360 Articles
Man, I Keep Missing that One! Core Lab: a Valuable Value

Man, I Keep Missing that One! Core Lab: a Valuable Value

How is value measured? Analysts talk and write about a stock because the company creates value. Does “value” mean “cheap?” Buy low, sell high. That formula is not working with Facebook (ticker: FB) at the moment. That’s more like buy …

May 30, 2012 - 7:21 pm Analytics, Oil and Gas 360 Articles
Callon Petroleum Company: The Amphibian Strategy for Growing Oil Production and Value

Callon Petroleum Company: The Amphibian Strategy for Growing Oil Production and Value

Callon Petroleum Company (NYSE: CPE) is an independent oil and gas exploration & production (E&P) company operating both offshore and onshore in the United States. The Company generates the majority of its free cash flow from its offshore fields in …

May 3, 2012 - 5:24 pm Analytics, Oil and Gas 360 Articles
Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources: A Growth Platform Through Acquisition And Drilling

Magnum Hunter Resources (MHR) is engaged in the exploration for and the exploitation, acquisition, development and production of crude oil, natural gas and natural gas liquids, in three unconventional shale resource plays in North America: the Marcellus Shale, Utica Shale, …

April 10, 2012 - 7:21 pm Analytics, Midstream, Oil and Gas 360 Articles
Driving Down The Cost Of Production – Natural Gas Companies Can Still Make Money

Driving Down The Cost Of Production – Natural Gas Companies Can Still Make Money

EnerCom, Inc. went back through our database to determine 2008 breakeven prices (10% rate of return) based on EnerCom’s decline curve analysis of the Woodford, Fayetteville, Haynesville and Marcellus Shales. All data points reference the second slide below.

We found …

March 21, 2012 - 7:16 pm Analytics, Oil and Gas 360 Articles