E & P News

Coterra Energy Second Quarter 2022 Results
Coterra Energy Inc. reported second-quarter 2022 financial and operating results. On October 1, 2021, Coterra announced that the merger involving the Company, which was formerly named Cabot Oil…

Occidental Petroleum Second Quarter 2022 Results
Occidental reported its second quarter 2022 results. Results Summary Oxy announced net income attributable to common stockholders for the second quarter of 2022 of $3.6 billion, or $3.47…

Magnolia Oil & Gas Second Quarter 2022 Results
Magnolia Oil & Gas Corp. announced its financial and operational results for the second quarter of 2022. Highlights: Magnolia reported second quarter 2022 net income attributable to Class…

Large E&P Selling Eagle Ford Assets; 600k Net Acres
In its 2Q report, Chesapeake Energy Corp. has signaled that it will be exiting all oil-focused ventures, which will result in a future sale of its robust Eagle…

Comstock Resources Second Quarter 2022 Results
Comstock Resources, Inc. reported financial and operating results for the quarter ended June 30, 2022. Highlights: Generated free cash flow from operations of $190 million in the quarter.…

Pioneer Natural Resources Second Quarter 2022 Results
Pioneer Natural Resources Co. reported financial and operating results for the quarter ended June 30, 2022. Highlights: Generated strong second quarter free cash flow1 of $2.7 billion Declared…

Gulfport Energy Second Quarter 2022 Results
Gulfport Energy Corp. reported financial and operating results for the three months ended June 30, 2022 and provided an update on its 2022 development plan and financial guidance.…

Chesapeake Energy Corp. Second Quarter 2022 Results
Chesapeake Energy Corp. reported 2022 second quarter financial and operating results and announced the company is taking actions to solidify its strategic focus on its core Marcellus and…

Diamondback Energy Second Quarter 2022 Results
Diamondback Energy, Inc. announced financial and operating results for the second quarter ended June 30, 2022. 2Q Highlights: Average production of 221.1 MBO/d (380.5 MBOE/d) Cash flow from…

Devon Energy Second Quarter 2022 Results
Devon Energy Corp. reported financial and operational results for the second-quarter 2022. Key Highlights: Fixed-plus-variable dividend increased by 22 percent to record high of $1.55 per share Share-repurchase…

Chevron Promotes Knowles to VP / Controller Role
Chevron Corp. announced the appointment of Alana K. Knowles as vice president and controller, effective March 1, 2023. Knowles will succeed David A. Inchausti, who will resign from…

Continental Resources Second Quarter 2022 Results
Continental Resources, Inc. announced its second quarter 2022 operating and financial results, declared a quarterly dividend, and updated various 2022 guidance metrics and differentials. Highlights: Strong 2Q22 Results…

ExxonMobil Second Quarter 2022 Results
Exxon Mobil Corp. reported its second quarter 2022 results. Exxon Mobil Corporation today announced estimated second-quarter 2022 earnings of $17.9 billion, or $4.21 per share assuming dilution. Second-quarter…

Chevron Corp. Second Quarter 2022 Results
Chevron Corp. reported its second quarter 2022 results. Chevron reported earnings of $11.6 billion ($5.95 per share - diluted) for second quarter 2022, compared with $3.1 billion ($1.60…

Northern Oil Adds Former KPMG Exec to Board
Northern Oil and Gas Inc. announced an addition to its Board of Directors. About Kimble: William Kimble has been appointed to serve as an independent director on NOG's…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |