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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…
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…