The Latest

Keeping it Simple: Antero Stays on Profitable Course in 1Q

Bucking trend, Antero Resources posted a slight increase in natural gas production as other companies curtailed production.

Exxon Mobil, Chevron See Profits Fall in 1Q Earnings

Chevron and Exxon Mobil are feeling the pinch of weak energy prices, particularly natural gas, and fuels margins that have cooled in the last year.

Weatherford M&A Efforts Focused on Integration, Not Scale

Services company Weatherford International executives are focused on making deals that, regardless of size or scale, can be integrated into the business, President and CEO Girish Saligram said.

Range Resources Holds Production Steady in 1Q 2024

NGLs are providing a boost for Range Resources as the company waits for natural gas demand to rebound.

EQT Sees Clear Path to $5B in Potential Divestments

EQT Corp. executives said that an April deal with Equinor has been a catalyst for talks with potential buyers as the company looks to shed debt for its Equitrans Midstream acquisition.

Matador Hoards Dry Powder for Potential M&A, Adds Delaware Acreage

Delaware-focused E&P Matador Resources is growing oil production, expanding midstream capacity, keeping debt low and hunting for M&A opportunities.

PrairieSky Adds $6.4MM in Mannville Royalty Interests, Reduces Debt

PrairieSky Royalty said the acquisition was funded with excess earnings from the CA$83 million (US$60.75 million) generated from operations.

SLB’s ChampionX Acquisition Key to Production Recovery Market

During a quarterly earnings call, SLB CEO Olivier Le Peuch highlighted the production recovery market as a key part of the company’s growth strategy.

Kinder Morgan Sees Need for Another Permian NatGas Pipeline

Negative prices, tight capacity and upcoming demand are driving natural gas leaders at Kinder Morgan to think about more takeaway capacity.

E&P Earnings Season Proves Up Stronger Efficiencies, Profits

The 2024 outlook for E&Ps largely surprises to the upside with conservative budgets and steady volumes.