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Ring Energy Details Preliminary 1Q22 Results; Production Beats Expectations
Ring Energy, Inc. provided an operational and financial update for the Company's first quarter 2022 sales, drilling program and further debt repayment. Highlights and Recent Key Items: Reported…

Marathon Oil Third Quarter 2021 Results
Marathon Oil Corp. reported its Q3 2021 results. Marathon reported third quarter 2021 net income of $184 million, or $0.23 per diluted share, which includes the impact of…

Continental Resources Second Quarter 2021 Results
Continental Resources, Inc. announced its second quarter 2021 operating and financial results. CEO Bill Berry commented: "Continental is delivering strong asset performance in addition to capital and operational…

Extraction Oil & Gas First Quarter 2021 Results
Extraction Oil & Gas, Inc. reported financial and operational results for the first quarter of 2021. Q1 2021 and Other Recent Highlights: Emerged from bankruptcy on January 20,…

SandRidge Energy First Quarter 2021 Results
SandRidge Energy Inc. announced financial and operational results for the quarter ended March 31, 2021. Highlights: Improved net cash1 by $48.2 million to a net cash position of…
North America News

Western Canada Upstream M&A: Q1 2026 Transaction Report
Western Canadian M&A activity in Q1 2026 was characterized by a 87% decrease in total deal value compared to Q1 2025, totaling $0.8 billion C$. However, transaction volume…

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…

Whitecap Details 2026 Duvernay & Montney Program
Whitecap Resources reported strong third quarter 2025 operating and financial results, marking its first full quarter following the strategic combination with Veren that closed on May 12, 2025.…

ARC Resources: Lower 2026 Capex, Higher Volumes
ARC Resources used its third quarter update to reinforce a familiar message to Canadian E&P executives: disciplined capital, structurally better market access, and a growing shareholder return program…
United States News

Baytex 2026 Development Plans
Baytex’s 2026 development plan reflects a post–Eagle Ford sale capital program and a sharpened focus on its core Canadian assets. The Company approved 2026 exploration and development expenditures…

Tourmaline: 2026 Capital Program Locked In at $2.9B
Tourmaline’s 2026 exploration and production (EP) program is set at $2.9 billion and targets average production of 690,000–710,000 boepd, with the company maintaining the multi-year EP Plan released…

Advantage Plans $300–$330MM 2026 Capital Program
Advantage’s 2026 development plan centers on Glacier-focused drilling and key midstream work. The company plans total capital spending of $300 million to $330 million and expects production to…

Paramount Targets 42% Higher 2026 Capex, More Duvernay Wells
Paramount Resources is stepping up investment in 2026 as it advances the Willesden Green Duvernay (Central Alberta Region) buildout and launches major infrastructure at Sinclair (Montney). The company…

Birchcliff Targets Higher 2026 Output on Larger Capital Budget
Birchcliff’s updated 2025 plan targets higher production within a tightened capital range, supported by faster cycle times and lower costs. The company increased 2025 annual average production guidance…