E & P News

Baytex Energy First Quarter 2022 Results; Adds $100MM to Budget
Baytex Energy Corp. reports its operating and financial results for the three months ended March 31, 2022 (all amounts are in Canadian dollars unless otherwise noted). Ed LaFehr,…

Magnolia Oil & Gas First Quarter 2022 Results
Magnolia Oil & Gas Corp. announced its financial and operational results for the first quarter of 2022. First Quarter 2022 Highlights: Magnolia reported first quarter 2022 net income…

Oxy First Quarter 2022 Results
Occidental Petroleum reported its first quarter 2022 results. Highlights: Repaid $3.3 billion of debt, representing 12% of total outstanding principal Earnings per diluted share of $4.65 and adjusted…

Battalion Oil Corp. First Quarter 2022 Results
Battalion Oil Corp. announced financial and operating results for the first quarter 2022. Key Highlights: Meeting or exceeding performance targets on drilling and completion activities year to date…

Ovintiv Inc. First Quarter 2022 Results; Capex Increased by $250MM
Ovintiv Inc. announced its first quarter 2022 financial and operating results. Highlights: Generated first quarter cash from operating activities of $685 million, Non-GAAP Cash Flow of $1,043 million…

Civitas Resources First Quarter 2022 Results
Civitas Resources, Inc. announced its first quarter 2022 financial results, and has posted an updated investor presentation to its website. 1Q Operational and Financial Highlights: Average daily sales…

Silverbow Resources First Quarter 2022 Results
SilverBow Resources, Inc. announced operating and financial results for the first quarter of 2022. Highlights: Reported net production of 226 million cubic feet of natural gas equivalent per…

Ranger Oil Corp. First Quarter 2022 Results
Ranger Oil Corp. announced financial and operational results for the first quarter of 2022. First Quarter Highlights: Achieved upper end of quarterly sales guidance with oil sales of…

Kosmos Energy First Quarter 2022 Results
Kosmos Energy Ltd. reported its financial and operating results for the first quarter of 2022. For the quarter, the Company generated a net income of $1 million, or…

Enerplus Corp. First Quarter 2022 Results
Enerplus Corp. announced financial and operating results for the first quarter of 2022, along with an increase to its return of capital plans, and updated guidance. The Company…

PDC Energy Seals $1.3B Acquisition of Great Western Petroleum
PDC Energy Inc. has completed its acquisition of Great Western Petroleum, LLC, a privately held company based in Denver. The acquisition was previously announced on February 28, 2022.…

Laredo Petroleum First Quarter 2022 Results
Laredo Petroleum Inc. announced its first-quarter 2022 financial and operating results. First-Quarter 2022 Highlights: Reported a net loss of $86.8 million and cash flows from operating activities of…

Northern Oil First Quarter 2022 Results
Northern Oil and Gas, Inc. announced the company's first quarter results and provided updated 2022 guidance. Nick O'Grady, NOG's Chief Executive Officer, said: "Our accretive acquisitions of high…

Whiting Petroleum First Quarter 2022 Results
Whiting Petroleum Corp. announced first quarter 2022 results. First Quarter 2022 Financial Highlights: Revenue was $527 million for the quarter ending March 31, 2022 Net loss (GAAP) was…

Murphy Oil Corp. First Quarter 2022 Results
Murphy Oil Corp. announced its financial and operating results for the first quarter ended March 31, 2022. Murphy reported a net loss attributable to Murphy of $113 million,…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |