E & P News
ExxonMobil Third Quarter 2022 Results
Exxon Mobil Corp. reported its third quarter 2022 results. Exxon announced third-quarter 2022 earnings of $19.7 billion, or $4.68 per share assuming dilution. Third-quarter results included net favorable…
Chevron Third Quarter 2022 Results
Chevron Corp. reported its third quarter 2022 results. Chevron reported earnings of $11.2 billion ($5.78 per share - diluted) for third quarter 2022, compared with $6.1 billion ($3.19…
Evolution Petroleum Taps New President & CEO
Evolution Petroleum announced that the Board of Directors has selected Kelly Loyd as President and Chief Executive Officer. Mr. Loyd had been serving as Interim CEO since June…
Antero Resources Third Quarter 2022 Results
Antero Resources Corp. announced its third quarter 2022 financial and operating results. Third Quarter 2022 Highlights Include: Net production averaged 3.2 Bcfe/d, including 171 MBbl/d of liquids Realized…
EQT Corp. Third Quarter 2022 Results
EQT Corp. announced financial and operational results for the third quarter 2022. Third Quarter 2022 and Recent Highlights: Sales volumes of 488 Bcfe Total per unit operating costs…
Ezra Yacob Takes Chairman Role at EOG; Bill Thomas Retires
EOG Resources' William R. "Bill" Thomas has elected to retire from the board of directors and that Ezra Y. Yacob, Chief Executive Officer, has been appointed to the…
Former Oxy, Magnolia Oil & Gas CEO Stephen Chazen Dead at 76
Magnolia Oil & Gas Corp. has reported the passing of former Chairman, President and Chief Executive Officer, Stephen Chazen. He was 76. This announcement comes days after the…
Silverbow Resources Board Adopts 'Poison Pill' Strategy
SilverBow Resources Inc.'s board has unanimously adopted a limited-duration stockholder rights plan (a so-called poison pill strategy) following "significant accumulations" of the company's outstanding common stock. Activist investor…
Magnolia Oil & Gas CEO Chazen Steps Down; Cites Health Reasons
Magnolia Oil & Gas Corp. announced that Christopher Stavros, the Company's current Executive Vice President and Chief Financial Officer, has been named President and Chief Executive Officer, and…
Silverbow Resources Touts New "Dorado Play" in Webb County, TX
SilverBow Resources Inc. announced the addition of a new acreage block in the Dorado play of Webb County, Texas. Through a series of transactions, including bolt-on acquisitions, leasing…
Devon Chairman Hager to Retire; Barbara Baumann Named to Top Spot
Devon Energy Corp. reported that the company's board of directors expects to appoint Barbara Baumann as chair of the board, succeeding Dave Hager, who has notified the board…
Shell CEO van Beurden to Step Down; Wael Sawan Tapped as Successor
Shell plc announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan.…
ConocoPhillips Adds Former Avangrid Inc. CEO to Board
ConocoPhillips announced that its board of directors has elected Mr. Dennis V. Arriola to serve as a board member. About Arriola: Mr. Arriola has spent more than 28…
Ovintiv Inc. Adds PSEG Exec to Board of Directors
Ovintiv Inc. announced that Ralph Izzo has been named as an independent member of its Board of Directors, effective September 6, 2022, and that Bruce Waterman will retire…
IKAV To Acquire Aera From Exxon & Shell
IKAV, the international asset management group, has agreed to acquire Aera Energy LLC (“Aera”), through two separate transactions with the joint venture subsidiaries of ExxonMobil and Shell respectively.…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |