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HomeFinance

Finance

Exploration and Production

Range Announces Cash Tender for Up to $500 Million

January 5, 2021 Mariel Alumit

ENB Publishers Note: Interesting to see if they get the $500mm, will be a sign of how hedge funds view natural gas moving into 2021.  Follow out daily YouTube show for more coverage. _________ FORT WORTH, […]

Exploration and Production

Schlumberger/Liberty OFS deal closes, LBRT adds two new board members

January 4, 2021 Mariel Alumit

DENVER & HOUSTON–(BUSINESS WIRE)– Liberty Oilfield Services Inc. (NYSE: LBRT) and Schlumberger (NYSE: SLB) announced today the completion of the contribution of Schlumberger’s onshore hydraulic fracturing business in the United States and Canada (“OneStim®”) to Liberty on […]

U.S. energy execs see capital spending rising in 2021 - Dallas Fed survey
Finance

U.S. energy execs see capital spending rising in 2021 – Dallas Fed survey

January 3, 2021 Stu Turley

NEW YORK (Reuters) – About half of U.S. energy company executives polled by the Federal Reserve Bank of Dallas expect their firms to increase capital spending in 2021, and another quarter of respondents see those […]

Energy Stocks could see 15 percent uptick in 2021 - Energy News Beat
Commodities

Energy Stocks Could See 15% Uptick In 2021 On $55 Oil Price Average

January 1, 2021 Stu Turley

The pummeling received by the oil market in 2020 and a subsequent slump in the valuations of energy stocks is well documented. As the Covid-19 global pandemic triggered an economic downturn – following national lockdowns, […]

ConocoPhillips 9.7B Concho Resources acquisistion - EnergyNewsBeat
ENB Pub Note

Year in Review: ConocoPhillips’s $9.7B Concho Resources acquisition was a Deal of the Week in October

December 30, 2020 Stu Turley

Editor’s note: Through the end of December, we’re taking a look back on the Deals of the Week from 2020. This was the Deal of the Week for the Houston Business Journal’s Oct. 23-29 edition. The […]

Howard Energy Partners -Energy News Beat
Finance

Howard Energy Partners to Acquire Refinery Services Facility in Corpus Christi

December 30, 2020 Stu Turley

Javelina is a treating and fractionation plant that extracts olefins, hydrogen, and natural gas liquids (NGLs) from the gas streams produced by local refineries, creating purity products that are then sold to local markets on […]

Finance

Diamondback Energy Adds Over 80,000 Acres in the Midland Basin For $3 Billion

December 22, 2020 Stu Turley

Enverus – Industry Insight Comment from Andrew Dittmar In a one-two punch, Permian pure-play Diamondback Energy has added over 80,000 net acres in the core Midland Basin for ~$3 billion. Diamondback is acquiring publicly traded […]

China
Finance

Enbridge to expand storage at Cushing through pending acquisition

December 21, 2020 Stu Turley

Enbridge Inc on Monday said that it will expand its liquids storage capabilities and connections through an acquisition of a facility from Blueknight Energy Partners, L.P. in Cushing, Oklahoma. The purchase of the facility includes 34 […]

Queensland Curtis LNG -QCLNG - EnergyNewsBeat.com
Finance

Shell Sells Minority Stake in Queensland Curtis LNG Facilities for $2.5 Billion

December 21, 2020 Stu Turley

Shell said on Dec. 21 it has agreed to sell a 26.25% stake in its Queensland Curtis LNG (QCLNG) facilities to Global Infrastructure Partners Australia for $2.5 billion, helping the oil major meet its annual […]

Commodities Are Back In Fashion as Investors Get Ready for Boom -Energynewsbeatcoal truck
Coal

Commodities Are Back In Fashion as Investors Get Ready for Boom

December 21, 2020 Stu Turley

For the best part of a decade, commodities have been deeply out of fashion. Now, as investors scour the market for the great reflation play, they’re hot again. Investing luminaries from Point72 to Pimco are calling […]

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