E & P News

Shell Fourth Quarter, Full Year 2022 Results
Shell plc reported its fourth quarter and full year 2022 results. Chief Executive Officer, Wael Sawan commented: "Our results in Q4 and across the full year demonstrate the…

Chevron Fourth Quarter, Full Year 2022 Results
Chevron Corp. reported its fourth quarter and full year 2022 results. Chevron reported earnings of $6.4 billion ($3.33 per share - diluted) for fourth quarter 2022, compared with…

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…

Northern Oil Fourth Quarter, Full Year 2022 Results; 2023 Guidance
Northern Oil and Gas, Inc. announced the company's fourth quarter and full year 2022 results and provided 2023 guidance. Highlights: Production of 78,854 Boe per day (59.5% oil),…

Southwestern Energy 4Q, Full Year 2022 Results; Talks 2023 Plans
Southwestern Energy Co. announced financial and operating results for the fourth quarter and full-year 2022 and provided 2023 guidance. CEO Bill Way said: "In 2022, the Company delivered…

SM Energy Q4, Full Year 2022 Results; Plans 85-90 Wells for 2023
SM Energy Co. announced certain fourth quarter and full year 2022 operating and financial results, year-end 2022 estimated proved reserves and its 2023 operating plan. Highlights include: Substantial…

Pioneer Q4, Full Year 2022 Results; Bets on Midland in 2023, 25 Rigs Running
Pioneer Natural Resources Co. reported financial and operating results for the quarter and year ended December 31, 2022. Pioneer reported fourth quarter net income attributable to common stockholders…

Callon Petroleum Fourth Quarter, Full Year 2022 Results
Callon Petroleum Co. reported fourth quarter and full year 2022 financial and operating results. 2022 Highlights: Set Company records for full-year net cash provided by operating activities of…

Chesapeake Energy Q4, Full Year 2022 Results; IDs $1.8B 2023 Capex
Chesapeake Energy Corp. reported fourth quarter and full-year 2022 results and issued 2023 guidance. Fourth Quarter 2022 Highlights: Net cash provided by operating activities of $1,050 million Net…

Enerplus Corp. Q4, Full Year 2022 Results; Bets Big on Bakken for 2023
Enerplus Corp. reported its fourth quarter and full year 2022 results. It also released its 2023 operating plans and guidance. Enerplus reported fourth quarter 2022 cash flow from…
Diamondback Sells Permian Acreage For $479 Million
Diamondback said in its 1Q23 earnings report that it Signed definitive agreements to divest ~19,000 net acres in Glasscock County and ~4,900 net acres in Ward and Winkler…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |