E & P News
Chord Energy Corporation First Quarter 2023 Results
Chord Energy Corporation announced first quarter 2023 results. Highlights 1Q23 oil volumes of 95.1 MBopd were above the high-end of guidance due to strong well performance and accelerated…
Enerplus Corporation First Quarter 2023 Results
Enerplus Corporation announced first quarter 2023 results. Highlights Adjusted funds flow was $260.4 million in the first quarter, which exceeded capital spending of $138.6 million, generating free cash…
Baytex Energy Corp. First Quarter 2023 Results
Baytex Energy Corp. First Quarter 2023 Results. Highlights Entered into an agreement to acquire Ranger Oil Corporation ("Ranger") for approximately US$2.5 billion. Generated production of 86,760 boe/d (84%…
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…
Marathon Oil Corporation First Quarter 2023 Results
Marathon Oil Corporation First Quarter 2023 Results Highlights Continued delivery against differentiated Return of Capital Framework, exceeding commitment to return at least 40% of adjusted CFO to shareholders…
ConocoPhillips First Quarter 2023 Results
ConocoPhillips announced first quarter 2023 results. Highlights Delivered record company and Lower 48 production of 1,792 thousand barrels of oil equivalent per day (MBOED) and 1,036 MBOED, respectively.…
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…
California Resources Corporation First Quarter 2023 Results
California Resources Corporation announced first quarter 2023 results. Highlights Named Manuela (Nelly) Molina as the new Executive Vice President and Chief Financial Officer, effective May 8, 2023 (see…
Gulfport Energy Corporation First Quarter 2023 Results
Gulfport Energy Corporation announced first quarter 2023 results. Highlights Delivered total net production of 1,057.4 MMcfe per day, above analyst consensus expectations Reported $523.1 million of net income…
Chesapeake Energy Corporation First Quarter 2023 Results
Chesapeake Energy Corporation announced first quarter 2023 results. Highlights Net cash provided by operating activities of $889 million Net income totaled $1,389 million, or $9.60 per diluted share;…
Comstock Resources, Inc. First Quarter 2023 Results
Comstock Resources, Inc. announced first quarter 2023 results. Highlights Generated operating cash flow of $255 million or $0.92 per diluted share. Adjusted net income to common stockholders for…
Murphy Oil Corporation First Quarter 2023 Results
Murphy Oil Corporation announced first quarter 2023 results. Highlights Exceeded upper end of guidance range with production of 172.5 thousand barrels of oil equivalent per day (MBOEPD), including…
Berry Corporation First Quarter 2023 Results
Berry Corporation announced first quarter 2023 results. Highlights Reported Adjusted EBITDA(1) of $59 million Declared first quarter fixed dividends of $0.12 per share, double the quarterly rate from…
Range Resources Corporation First Quarter 2023 Results
Range Resources Corp. announced its first quarter 2023 results. Highlights Cash flow from operating activities of $475 million Cash flow from operations, before working capital changes, of $400…
Hess Corporation First Quarter 2023 Results
Hess Corp. announced its first quarter 2023 results. Highlights Net income was $346 million, or $1.13 per share, compared with net income of $417 million, or $1.34 per…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |