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HomeFinance

Finance

Finance

Capital for oil, gas producers were extremely scarce a year ago. Today, the outlook has changed

May 9, 2022 Mariel Alumit

As recently as a year ago, sources of capital for U.S. oil and gas producers were extremely scarce and only came at a premium. Today, with oil prices mostly hovering around $100-per-barrel, the outlook is […]

Pump Jacks - Set - ENB
International News

Mid-Cap Energy Stocks Are Outperforming Supermajors

April 17, 2022 Andy Del Prado

When it comes to long-term investing in the oil and gas sector, heavyweights such as ExxonMobil (NYSE:XOM), Chevron Corp. (NYSE:CVX), ConocoPhillips (NYSE:COP), BP Plc (NYSE:BP), and Shell (NYSE:SHEL) tend to hog the limelight. However, overlooking mid-cap oil and gas stocks (market-caps between $2 billion […]

Crude
M & A

Report shows U.S. upstream mergers and acquisitions open strong in 2022

April 14, 2022 Andy Del Prado

Enverus, an energy data analytics and SaaS technology company, is releasing its summary of Q1 2022 M&A activity. As the M&A market marched into the new year, $14 billion in deals were announced during the […]

Earthstone Energy
Finance

Earthstone Energy Announces Pricing of Private Offering of $550 Million of Senior Unsecured Notes due 2027

April 10, 2022 Andy Del Prado

THE WOODLANDS, Texas, April 7, 2022 /PRNewswire/ — Earthstone Energy, Inc. (NYSE: ESTE) (“Earthstone” or the “Company”), today announced that its subsidiary, Earthstone Energy Holdings, LLC (“EEH”), has priced the previously announced private offering (the “Notes Offering”) of $550 […]

Shell -Shell -Energy News Beat
Finance

Shell Faces $5 Billion Impairment Charge Over Exit From Russia

April 7, 2022 Andy Del Prado

Western oil majors have quit Russia altogether, taking billions of dollars in vague impairment charges on Russian energy assets, and now comes the hard math. This morning energy giant Shell Plc said that it will […]

Natural Gas
Top News

U.S. Natural Gas Price Jumps Above $6

April 6, 2022 Andy Del Prado

The U.S. benchmark natural gas price jumped above $6 per million British thermal units (MMBtu) on Wednesday, on the back of estimates that domestic production has dipped in recent days. As of 8:20 a.m. ET […]

Pump Jack - Sunset - oil and gas drilling - ENB
Crude Oil News

By protecting oil and gas, Texas will cede its energy leadership to other states

March 27, 2022 Andy Del Prado

Climate change is a clear and present threat to Texas, our economy and our people. Addressing this threat demands responsible, pragmatic policies that require all Texans to come together. Energy is an especially important policy […]

Renewable Energy - Energy News Beat
Renewables Not Sustainable

Rich countries must stop producing oil and gas by 2034, says study

March 23, 2022 Mariel Alumit

Poorest states should be given until 2050, says research aiming to set out fair way of ending fossil fuel economy Rich countries must end all oil and gas production in the next 12 years, while […]

Crude Oil News

Oasis Petroleum Inc. Declares First Variable Dividend of $3.00 per Share

March 13, 2022 Andy Del Prado

HOUSTON, /PRNewswire/ — Oasis Petroleum Inc. (NASDAQ: OAS) (“Oasis” or the “Company”) announced the declaration of its first variable dividend today in the amount of $3.00 per share of Oasis common stock, payable on March 31, 2022 to shareholders of […]

ENB Pub Note

The little engine that could, and the oil giant that couldn’t

May 27, 2021 Andy Del Prado

All we can say here at ENB is wow. ESG is here to stay, get on board are get left behind! Last December, when a week-old hedge fund named Engine No. 1 challenged Exxon Mobil […]

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