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HomeFinance

Finance

Chinas 2020 coal output rises to highest since 2015 undermining climate pledges - Energy News Beat
Coal

Lloyd’s insurer Brit says it will not insure Adani coal mine – a bigger issue for the ESG investors

February 24, 2021 Stu Turley

Energy News Beat Publishers Note: If the laws can not be voted in, there can be forced change through banks and insurance companies. Consumer pressure can reach far whether the opinions are right or wrong.  […]

Centennial Resource Development- Energy News Beat
Earnings

Centennial Resource Development Announces Full Year 2020 Results and 2021 Guidance

February 24, 2021 Stu Turley

 Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced 2020 financial and operational results and 2021 operational plans and targets. Financial and Operational Highlights Generated free cash flow and reduced total debt […]

Earnings

Range Announces Fourth Quarter 2020 Results

February 24, 2021 Stu Turley

RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its fourth quarter 2020 financial results, proved reserves and plans for 2021. Highlights – All-in 2020 capital spending was $411 million, approximately $109 million less than original budget Fourth […]

Saudi Aramco lands multiple bids for 10 billion pipeline stake - energynewsbeat
Finance

Saudi Aramco lands multiple bids for $10 billion pipeline stake

February 24, 2021 Stu Turley

Apollo Global Management Inc. and Global Infrastructure Partners are among suitors that bid for a roughly $10 billion stake in Saudi Aramco’s oil pipelines, people familiar with the matter said. Canada’s Brookfield Asset Management Inc., […]

Bloomberg commodities - energynewsbe
Commodities

Commodities Hit Highest Since 2013 Amid Inflation Concern

February 23, 2021 Stu Turley

Commodities rose to their highest in almost eight years amid booming investor appetite for everything from oil to corn. Hedge funds have piled into what’s become the biggest bullish wager on the asset class in at […]

Cimarex - Energy News Beat
Earnings

Cimarex Energy Co. Q4 adjusted earnings Beat Estimates

February 23, 2021 Stu Turley

Fourth quarter oil production averaged 67.8 MBbls per day Full year oil production averaged 76.7 MBbls per day 2020 total capital investment of $577.2 million; below guidance range Generated $904.2 million of net cash from […]

OXY - Energy News Beat
Earnings

Occidental Announces 4th Quarter and Full-Year 2020 Results

February 23, 2021 Stu Turley

Confirmed $2.9 billion capital budget to sustain 2021 production in line with the fourth quarter of 2020, while lowering base decline to 22 percent Used net proceeds from asset sales and cash on hand to […]

Shell - Midstream - energy news beat
Earnings

Shell Midstream Partners 4th Quarter 2020 Unaudited Results

February 23, 2021 Stu Turley

Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $129 million for the fourth quarter of 2020, which equated to $0.29 per diluted common […]

Diamondback Energy - Energy News Beat
Earnings

Diamondback Energy, Inc. Announces Fourth Quarter and Full Year 2020 Financial and Operating Results; Increases Dividend

February 23, 2021 Stu Turley

Diamondback Energy, Inc. (NASDAQ: FANG) (“Diamondback” or the “Company”) today announced financial and operating results for the fourth quarter and full year ended December 31, 2020. FOURTH QUARTER 2020 HIGHLIGHTS Q4 2020 average production of 175.8 […]

Laredo Petroleum - Energy News Beat
Earnings

Laredo Petroleum Announces Fourth-Quarter and Full-Year 2020 Financial and Operating Results

February 23, 2021 Stu Turley

Laredo Petroleum, Inc. (NYSE: LPI) (“Laredo” or the “Company”) today announced its fourth-quarter and full-year 2020 financial and operating results. Full-Year 2020 Highlights Fully transitioned development operations to Howard County acreage and successfully completed the […]

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