Tuesday, June 17, 2025
Amplify Energy Announces Release of $90 Million in Unencumbered Cash - Oil & Gas 360

Shareholders of Amplify Energy and Midstates Petroleum Greenlight Merger

By Tyler Losier, Energy Reporter, Oil & Gas 360 Amplify Energy and Midstates Petroleum to merge after receiving shareholder approval Amplify Energy Corporation (stock ticker: AMPY), a Houston-based independent E&P, has received the necessary shareholder approval for its previously announced all-stock merger-of-equals transaction with Midstates Petroleum Company (stock ticker: MPO). Likewise, Midstates’ shareholders also signed off on the deal at

Oil Giants Won't Bail Out Overpriced Independents in the Permian Basin - Oil & Gas 360

Oil Giants Won’t Bail Out Overpriced Independents in the Permian Basin

Permian drillers may have to be squeezed by weak prices for a bit longer before they dial down their expectations: Exxon CEO Woods From Bloomberg HOUSTON (Bloomberg) — Oil giants probably won’t be buying up the Permian basin’s struggling independent drillers any time soon. Years of costly exploration and frantic buying sprees have gutted shareholder returns in the world’s largest

ExxonMobil Names New Chief Executive

Tillerson to Retire Dec. 31, Darren Woods will take over as ExxonMobil Chairman, CEO With his pending transition to U.S. Secretary of State, ExxonMobil (ticker: XOM) Chairman and CEO Rex Tillerson has announced his intention to retire from XOM at year-end, and Darren W. Woods, who is currently president of the company, has been named by the board of directors to replace Tillerson as