More Guidance / Forecast News

Coterra Energy Q4, Full Year 2022 Results; 2023 Plans
Coterra Energy Inc. reported fourth-quarter and full-year 2022 financial and operating results. Thomas E. Jorden, Chairman, Chief Executive Officer and President, commented, "Coterra delivered a strong 2022. Outstanding…

PDC Energy Q4, Full Year 2022 Results; Bets Bulk of 2023 Capex on DJ Basin
PDC Energy, Inc. announced its full year and fourth quarter 2022 financial and operating results and provided 2023 guidance. 2022 Fourth Quarter Highlights: Total production of 22.7 million…

Civitas Resources Q4, Full Year 2022 Results; 2023 Capital Plans
Civitas Resources, Inc. announced its fourth quarter and full-year 2022 financial and operating results, as well as its 2023 outlook. 2023 Capital Plans 2023 guidance is shown below.…

EOG Resources Q4, Full Year 2022 Results; IDs $6.0B Budget for 2023
EOG Resources, Inc. reported fourth quarter and full-year 2022 results. Fourth Quarter Highlights: Earned adjusted net income of $1.9 billion, or $3.30 per share Generated $1.7 billion of…

Permian Resources Q4, Full Year 2022 Results; Plans $1.35B 2023 Budget
Permian Resources Corp. announced its fourth quarter and full year 2022 financial and operational results and 2023 operational plans. Recent Financial and Operational Highlights: Delivered fourth quarter oil…
United States News

A Quiet Capital Pattern Is Forming in North American Upstream — and Almost No One Is Talking About It
A handful of recent transactions and capital raises point to a subtle pattern in North American upstream—one that is easy to miss because each event, on its own,…

EIA’s “Glut” Calls: The 2025 Surplus Claim — and How 2021–2024 Forecasts Actually Held Up
The “~2.2 MMb/d glut in 2025” framing traces to the EIA’s Short-Term Energy Outlook (STEO), December 2025. EIA doesn’t usually write “glut” in the tables—what they publish is…

New E&P Scores Capital; Heading To the MidCon Region
Company Overview 406 Energy, LLC is a newly formed, Houston-based upstream oil & gas development company launched in October 2025 with an initial equity commitment from NGP Natural…

2025 Forecast : Dangerous Time Ahead
This is the time of year when we share a clear view into how we’re thinking about what to expect for drilling and completion activity in 2025. To…

Petrus Resources Ltd. First Quarter 2023 Results
Petrus Resources Ltd. announced first quarter 2023 results. Highlights Higher production – Production was up 54% from 7,379 boe/d(1) in the first quarter of 2022 to 11,385 boe/d…
