E & P News

ConocoPhillips First Quarter 2022 Results
ConocoPhillips reported its first quarter 2022 results. Conoco reported first-quarter 2022 earnings of $5.8 billion, or $4.39 per share, compared with first-quarter 2021 earnings of $1.0 billion, or…

EOG Resources First Quarter 2022 Results
EOG Resources, Inc. reported first quarter 2022 results. 1Q Highlights: Announced guidance to return minimum 60% of free cash flow to shareholders each year Declared special dividend of…

Centennial Resource Development First Quarter 2022 Results
Centennial Resource Development, Inc. announced first quarter 2022 financial and operational results. Highlights: Generated record free cash flow1 of $89 million Fully repaid all borrowings under the credit…

Oasis Petroleum First Quarter 2022 Results
Oasis Petroleum Inc. announced financial and operating results for the quarter ending March 31, 2022. 1Q22 Operational and Financial Highlights: Produced 69.6 MBoepd in 1Q22 with oil volumes…

Earthstone Energy First Quarter 2022 Results
Earthstone Energy, Inc. announced financial and operating results for the three months ended March 31, 2022. First Quarter 2022 Highlights: Executed the Bighorn Acquisition PSA(1) on January 30,…

Denbury Inc. First Quarter 2022 Results
Denbury Inc. provided its first quarter 2022 financial and operating results. 1Q Highlights: First quarter 2022 cash flows provided by operating activities totaled $90 million. Adjusted cash flows…

California Resources First Quarter 2022 Results
California Resources Corp. reported first quarter 2022 operational and financial results. Mac McFarland, President and Chief Executive Officer, said: "CRC began 2022 on a good note as we…

Continental Resources First Quarter 2022 Results; Ups 2022 Capex by $350MM
Continental Resources, Inc. announced its first quarter 2022 operating and financial results, increased shareholder return of capital, and enhanced 2022 projections. Highlights: $1.50 B Cash Flow from Operations…

PDC Energy First Quarter 2022 Results
PDC Energy, Inc. announced its 2022 first quarter financial and operating results. 2022 First Quarter Highlights: Net cash from operating activities of approximately $489 million, adjusted cash flows…

Pioneer Natural Resources First Quarter 2022 Results
Pioneer Natural Resources Co. reported financial and operating results for the quarter ended March 31, 2022. Pioneer reported first quarter net income attributable to common stockholders of $2.0…

Marathon Oil First Quarter 2022 Results
Marathon Oil Corp. detailed its first quarter 2022 results. Marathon reported first quarter 2022 net income of $1,304 million, or $1.78 per diluted share, which includes the impact…

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

W&T Offshore Promotes New VP / Chief Accounting Officer
W&T Offshore, Inc. announced the promotion of Bart P. "Trey" Hartman, III to Vice President and Chief Accounting Officer. About Hartman Trey Hartman joined W&T Offshore as Controller…

Activist Investment Firm Kimmeridge Takes Aim at Chesapeake; Proposes Changes
Chesapeake Energy Corp. has begun talks with stakeholder and activist investment firm Kimmeridge Energy in an effort to boost Chesapeake's value, according to a report by Reuters. Kimmeridge…

SandRidge Energy First Quarter 2022 Results
SandRidge Energy, Inc. announced financial and operational results for the three month period ended March 31, 2022. Recent Highlights: Generated Adjusted EBITDA(1) of $39.4 million in the first…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |