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Earthstone Energy Third Quarter 2022 Results
Earthstone Energy, Inc. reported its third quarter 2022 results. Third Quarter 2022 and Other Recent Highlights: Repurchase of 3 million shares of Class A Common Stock for $43.7…
Crescent Point Energy Second Quarter 2022 Results
Crescent Point Energy Corp. reported its operating and financial results for the quarter ended June 30, 2022. Key Highlights: Generated approximately $380 million of excess cash flow in…
Centennial Resource Development Third Quarter 2021 Results
Centennial Resource Development, Inc. announced third quarter 2021 financial and operational results. Recent Financial and Operational Highlights: Generated record free cash flow, a 126% increase compared to the…
InPlay Oil Touts 1,700 BOE/d Cardium IPs; Unveils 2022 Budget, Production Outlook
InPlay Oil Corp. reported an operations update and a preliminary outlook for 2022. InPlay continues to achieve strong results from our 2021 drilling program focused on the Pembina…
Southwestern Energy Second Quarter 2021 Results
Southwestern Energy Co. reported its Q2 2021 results. Highlights: Integration planning for scale-enhancing acquisition and Haynesville entry ahead of schedule; shareholder vote set for August 27th; Implemented basin-wide…
Permian - Delaware Basin News
Bakken Midstream Project shelved; as future growth projects thin
Hess Midstream highlighted continued throughput growth across its Williston Basin (Bakken/Three Forks) systems, signaling higher utilization in gas gathering and processing. For producers, the only forward-looking capacity signal…
Empire Petroleum First Quarter 2023 Results
Empire Petroleum announced first quarter 2023 results. Highlights Increased year-over-year per day sales volumes by 4% to 2,206 barrels of oil equivalent per day ("Boe/d") (61% oil, 19%…
Earthstone Energy, Inc., First Quarter 2023 Results
Earthstone Energy, Inc., announced first quarter 2023 results. Highlights Average daily production of 104,450 Boepd(1), up 194% from Q1 2022 Net income(2) of $86.2 million, and Adjusted Net…
Battalion Oil Corporation First Quarter 2023 Results
Battalion Oil Corporation announced first quarter 2023 results. Highlights Substantial progress on acid gas treating facility as we ramp up gas delivery toward bringing the facility fully online…
PDC Energy, Inc., First Quarter 2023 Results
PDC Energy, Inc., announced first quarter 2023 results. Highlights Net cash from operating activities of approximately $590 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined…
Williston Basin News
Vitesse Energy, Inc. First Quarter 2023 Results
Vitesse Energy, Inc. announced first quarter 2023 results. Highlights Completed spin-off from Jefferies Financial Group Inc. (the "Spin-Off") and closed the acquisition of Vitesse Oil, LLC on January…
Callon Petroleum Company First Quarter 2023 Results
Callon Petroleum Company announced first quarter 2023 results. Highlights Net income of $220.6 million, or $3.57 per diluted share (all share amounts are stated on a diluted basis),…
Coterra Energy Inc., First Quarter 2023 Results
Coterra Energy Inc., announced first quarter 2023 results. Highlights Net Income (GAAP) totaled $677 million, or $0.88 per share. Adjusted Net Income (non-GAAP) was $661 million, or $0.87…
Diamondback Energy Reducing 2023 Drilling Program
Diamondback Energy, Inc. announced first quarter 2023 results. However during the earnings call. Here are a few things the company said. "We are going to reduce our rig…
Exxon Mobil First Quarter 2023 Results
Exxon Mobil Corp. announced its first quarter 2023 results. Highlights: Delivered record first quarter earnings of $11.4 billion, demonstrating structural earnings improvements through growth of advantaged assets, mix…