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HomeFinance

Finance

Ovintiv - Energy News Beat
Earnings

Ovintiv (OVV) Beats Q4 Earnings Estimates

February 18, 2021 Stu Turley

Ointiv (OVV) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.63 per share. This compares to earnings of $0.81 per share a year ago. These figures are adjusted […]

Crescent Point Energy Corp - Energy News Beat
Crude Oil News

Shell sells Canada’s Duvernay oil assets for $707mn

February 18, 2021 Stu Turley

The sale includes about 450,000 net acres in the Fox Creek and Rocky Mountain House areas in Alberta, along with related infrastructure, which is currently producing 30,000 b/d oil equivalent (boe/d) from more than 270 […]

Finance

Natural Gas Soars to $1,250 in Central U.S. on Supply Paralysis

February 17, 2021 Stu Turley

There’s no sign yet of a pause in the dramatic rally in natural gas prices across the central U.S., where spot rates have now breached the $1,000 mark, more than 100 times their level just […]

Energy Transfer - energynews.com
Finance

Energy Transfer to acquire Enable Midstream

February 17, 2021 Stu Turley

Energy Transfer LP and Enable Midstream Partners, announced that they have entered into a definitive merger agreement whereby Energy Transfer will acquire Enable in an all-equity transaction valued at approximately $7.2 billion. Under the terms […]

What the Texas Deep Freeze Means for Oil, Natural Gas -EnergyNewsBeat
Crude Oil News

What the Texas Deep Freeze Means for Oil, Natural Gas – Bloomberg Live

February 17, 2021 Stu Turley

Paul Sankey, founder and lead analyst at Sankey Research, discusses the impact of the wintry blast in Texas on U.S. oil and natural gas production. He speaks with Bloomberg’s Tom Keene on “Bloomberg Surveillance.” (Source: […]

BP chief executive Bernard Looney- Energy News Beat
ENB Pub Note

BP offers employees shares in rallying cry for low-carbon shift

February 17, 2021 Stu Turley

Energy News Beat Publishers Note: Like the idea of including employees in the future of BP. But if it won’t impact the bottom line, is it a good program for anyone? Oil major BP is […]

Finance

Spartan Delta Corp. announces three strategic acquisitions and $80.0 million financing

February 16, 2021 Stu Turley

Spartan Delta Corp. (“Spartan” or the “Company“) (TSXV:SDE) is pleased to announce three strategic acquisitions, executing on its stated acquisitive growth strategy within western Canada. Total consideration for the three acquisitions (the “Acquisitions“) is approximately $147.9 […]

800 daily records for cold - energynewsbeat.com
Electrical Generation / Utilities

Texas joins California as roiling Blackouts in Texas as Big Freeze and Upends Energy Markets

February 15, 2021 Stu Turley

Texas began rolling power blackouts for millions of households for the first time in a decade as an unprecedented Arctic freeze wrought chaos in U.S. energy markets. The operator of the state’s power grid ordered […]

Ghanas energy-sector debt could surge more than fourfold to 12.5 billion by 2023
ENB Pub Note

Ghana’s Energy Debt Could Jump to $12.5 Billion If Not Addressed -The US will be worse

February 13, 2021 Stu Turley

Energy News Beat Publishers Note: The financial crisis is not limited to Ghana, but rather a worldwide issue that is going to be an insurmountable issue soon. The United States is also facing the same […]

Noble Midstream - NBLX - Energy News Beat
Earnings

Noble Midstream Partners Reports Fourth-Quarter and Full-Year 2020 Results

February 12, 2021 Stu Turley

Noble Midstream Partners LP (NASDAQ: NBLX) (“Noble Midstream” or the “Partnership”) today reported fourth-quarter and full-year 2020 financial and operational results. The Partnership’s results are consolidated to include Noble Midstream’s 54.4% ownership of Black Diamond Gathering, […]

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