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HomeAuthorsStu Turley

Articles by Stu Turley

About Stu Turley
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.
ran pipelines -energy news beat
Commodities

Iran launches three key pipelines worth a combined $330 million

February 23, 2021 Stu Turley

Energy News Beat Publishers Note: This total of 579,000 bpd is outside the quotas assigned to Iran and will impact world supply. Most going to China at a discounted rate.  Iran has launched three pipelines […]

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 […]

Transocean - Energy News Beat
Uncategorized

Transocean Ltd. Reports Fourth Quarter and Full Year 2020 Results

February 23, 2021 Stu Turley

Total contract drilling revenues were $690 million (total adjusted contract drilling revenues of $747 million), compared with $773 million in the third quarter of 2020 (total adjusted contract drilling revenues of $830 million); Revenue efficiency(1) was 97.2%, compared with 96.6% in […]

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 […]

CVR Energy - Energy News Beat
Uncategorized

CVR Energy Reports Fourth Quarter and Full-Year 2020 Results

February 22, 2021 Stu Turley

CVR Energy, Inc. (NYSE: CVI) today announced a fourth quarter 2020 net loss of $67 million, or 67 cents per diluted share, on net sales of $1.1 billion, compared to net income of $44 million, […]

Northland Power - Energy News Beat
Earnings

Northland Power Reports Fourth Quarter and Full Year 2020 Results

February 22, 2021 Stu Turley

Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported operating and financial results for three months and year ended December 31, 2020. All dollar amounts set out herein are in thousands of Canadian […]

Earnings

Black Stone Minerals, L.P. Announces Fourth Quarter and Full Year 2020 Results; Provides Guidance for 2021

February 22, 2021 Stu Turley

Black Stone Minerals, L.P. (NYSE: BSM) (“Black Stone Minerals,” “Black Stone,” or “the Company”) today announces its financial and operating results for the fourth quarter and full year of 2020 and provides guidance for 2021. […]

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