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HomeFinance

Finance

Diversified Energy
Earnings

Diversified Energy Reports Solid First Quarter and Benefits from Expansion of NGL Processing Capabilities

May 9, 2024 Mariel Alumit

Year-Over-Year Absolute Debt Reduction and Expense Improvements Black Bear Facility Strengthens the Company’s Midstream Value Chain and Integrates Complementary Long-life Infrastructure Assets BIRMINGHAM, AL / ACCESSWIRE / May 9, 2024 / Diversified Energy Company PLC (LSE:DEC)(NYSE:DEC) […]

Occidental
Earnings

Occidental beats profit estimates on higher oil prices

May 8, 2024 Mariel Alumit

HOUSTON, May 7 (Reuters) – Occidental Petroleum (OXY.N), opens new tab on Tuesday reported profit that beat analysts’ first-quarter consensus estimate and forecast second quarter oil and gas production would climb 7%. Profit fell to […]

Oil prices
Crude Oil News

Oil prices rise after US crude stocks fall more than expected

May 8, 2024 Mariel Alumit

NEW YORK, May 8 (Reuters) – Oil prices edged higher on Wednesday after U.S. oil storage data showed a larger-than-expected draw in crude stockpiles as refiners ramped up output ahead of the summer driving season. […]

Ovintiv
Earnings

Ovintiv Reports First Quarter 2024 Financial and Operating Results

May 8, 2024 Mariel Alumit

Highlights: Generated net earnings of $338 million, cash from operating activities of $659 million, Non-GAAP Cash Flow of $1,035 million and Non-GAAP Free Cash Flow of $444 million after capital expenditures of $591 million First quarter production was at the high-end or […]

Kosmos
Earnings

Kosmos Energy Announces First Quarter 2024 Results

May 7, 2024 Mariel Alumit

DALLAS, May 07 /BusinessWire/ — Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2024. For the quarter, the Company generated a net […]

Magnolia
Earnings

Magnolia Oil & Gas Corporation Announces First Quarter 2024 Results

May 7, 2024 Mariel Alumit

HOUSTON, May 07 /BusinessWire/ — Magnolia Oil & Gas Corporation (“Magnolia,” “we,” “our,” or the “Company”) (NYSE:MGY) today announced its financial and operational results for the first quarter of 2024. First Quarter 2024 Highlights: (In […]

European Oil Giants Consider Shifting Their Listings to the U.S.
Big Oil Companies

European Oil Giants Consider Shifting Their Listings to the U.S.

May 7, 2024 Stu Turley

Two European energy giants, TotalEnergies of France and Shell of Britain, are considering moving their stock listings to New York, as pressure mounts for them to improve their valuations, which lag their American counterparts. Shifting […]

European Oil Giants Consider Shifting Their Listings to the U.S.
Earnings

Permian Resources Announces Strong First Quarter 2024 Results and Increases Full Year Guidance

May 7, 2024 Mariel Alumit

MIDLAND, Texas, May 07 /BusinessWire/ — Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE:PR) today announced its first quarter 2024 financial and operational results and revised 2024 guidance. Recent Financial and Operational Highlights Delivered […]

Earnings

SANDRIDGE ENERGY, INC. ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE THREE-MONTH PERIOD ENDED MARCH 31, 2024 AND DECLARES $0.11 PER SHARE CASH DIVIDEND

May 7, 2024 Mariel Alumit

OKLAHOMA CITY, Okla., May 7, 2024 /PRNewswire/ — SandRidge Energy, Inc. (the “Company” or “SandRidge”) (NYSE: SD) today announced financial and operational results for the three-month period ended March 31, 2024. Recent Highlights On May 2, 2024, the Board […]

Earnings

California Resources Reports First Quarter 2024 Financial and Operating Results

May 7, 2024 Mariel Alumit

LONG BEACH, Calif., May 07 /BusinessWire/ — California Resources Corporation (NYSE:CRC) today reported financial and operating results for the first quarter 2024. The Company plans to host a conference call and webcast on Wednesday, May […]

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