E & P News

PrimeEnergy Resources Corp. First Quarter 2022 Results
PrimeEnergy Resources Corp. reported its first quarter 2022 results. PrimeEnergy reported net income of $11.1 million, $5.62 per share, for the quarter ended March 31, 2022. During the…

Chevron Launches Carbon Capture Project in San Joaquin Basin
Chevron, through its Chevron New Energies division, is launching a carbon capture and storage (CCS) project aimed at reducing the carbon intensity of its operations in San Joaquin…

Chevron Sanctions GOM Ballymore Project; 75,000 BPD
Chevron Corp. has sanctioned the Ballymore project in the deepwater U.S. Gulf of Mexico. The project, with a design capacity of 75,000 barrels of crude oil per day,…

HighPeak Energy First Quarter 2022 Results
HighPeak Energy, Inc. announced financial and operating results for the first quarter 2022, current operational updates and updated pro forma guidance. First Quarter 2022 and Current Highlights: Company…

Callon Petroleum First Quarter 2022 Results
Callon Petroleum Co. reported results of operations for the three months ended March 31, 2022. First Quarter 2022 and Recent Highlights: Delivered production of approximately 102.7 MBoe/d (63%…

Evolution Petroleum First Quarter 2022 Results
Evolution Petroleum reported its first quarter 2022 results. On May 4, 2022 Evolution also declared a quarterly cash dividend of $0.10 per common share for the fiscal 2022…

Crescent Energy Co. First Quarter 2022 Results
Crescent Energy Co. announced financial and operating results for the first quarter of 2022 and increased its quarterly cash dividend by 40% to $0.17 per share. Recent Highlights:…

Ring Energy First Quarter 2022 Results
Ring Energy, Inc. reported operational and financial results for the first quarter of 2022. In addition, the Company provided second quarter guidance and reiterated its full year 2022…

Riley Exploration Permian First Quarter 2022 Results
Riley Exploration Permian, Inc. reported its first quarter 2022 results. Highlights: Averaged oil production of 7.5 MBbls per day, which is at the high end of guidance and…

Chesapeake Energy Corp. First Quarter 2022 Results
Chesapeake Energy Corp. reported 2022 first quarter financial and operating results. Highlights include: Net cash provided by operating activities of $853 million Delivered $532 million in adjusted free…

Crescent Point Energy First Quarter 2022 Results
Crescent Point Energy Corp. reported its Q1 2022 results.. Highlights: Increasing quarterly dividend by over 40 percent to $0.065 per share, representing an annualized dividend of $0.26 per…

Silverbow Finalizes Deal for SandPoint's Eagle Ford Assets
SilverBow Resources Inc. has closed its previously announced acquisition of certain assets from SandPoint Operating LLC, a subsidiary of SandPoint Resources LLC. Purchase consideration due to the seller,…

W&T Offshore Chief Technical Officer to Retire
W&T Offshore, Inc. announced that Stephen L. Schroeder, Senior Vice President and Chief Technical Officer, is retiring effective June 1, 2022. Mr. Schroeder joined W&T in 1998 as…

APA Corp. First Quarter 2022 Results
APA Corp. announced its financial and operational results for the first-quarter 2022. Highlights: Reported production of 404,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes…

Comstock Resources First Quarter 2022 Results
Comstock Resources, Inc. reported financial and operating results for the quarter ended March 31, 2022. Highlights: Generated free cash flow from operations of $68 million in the quarter.…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |