E & P News
Devon Energy First Quarter 2022 Results
Devon Energy Corp. reported financial and operational results for the first-quarter 2022. Highlights: Delaware Basin production growth and margin expansion drove first-quarter financial performance Operating cash flow increased…
Riley Permian's Borrowing Base Increased 14% to $200MM
Riley Exploration Permian, Inc. has completed an amendment to its senior secured revolving credit facility. Credit Facility Amendment Highlights: Extended the facility maturity from September 2023 to April…
Diamondback Energy First Quarter 2022 Results
Diamondback Energy, Inc. announced financial and operating results for the first quarter March 31, 2022. 1Q22 Highlights: Average production of 222.8 MBO/d (381.4 MBOE/d) Cash flow from operating…
Former Primexx CEO Takes Helm of Civitas Resources
Civitas Resources, Inc. has named Chris Doyle its next President and Chief Executive Officer, effective May 2, 2022. About Doyle: Mr. Doyle has over 25 years of domestic…
ConocoPhillips Promotes Leach to CEO Advisory Role
ConocoPhillips announced that Tim Leach, previously executive vice president, Lower 48, has become advisor to the chief executive officer, effective May 1, 2022. In addition to his new…
Chevron First Quarter 2022 Results
Chevron Corp. reported its first quarter 2022 results. Highlights: Reported earnings of $6.3 billion; adjusted earnings of $6.5 billion Cash flow from operations of $8.1 billion; free cash…
ExxonMobil First Quarter 2022 Results
ExxonMobil reported its first quarter 2022 results. Highlights: Earned $5.5 billion in first quarter 2022; generated $14.8 billion of cash flow from operating activities, more than covering capital…
Southwestern Energy First Quarter 2022 Results
Southwestern Energy Co. announced financial and operating results for the first quarter ended March 31, 2022. Highlights: Generated $972 million net cash provided by operating activities, $861 million…
SM Energy First Quarter 2022 Results
SM Energy Co. announced operating and financial results for the first quarter 2022 and provided certain second quarter 2022 guidance. Highlights include: Advancing on key strategic target, debt…
EQT Corp. First Quarter 2022 Results
EQT Corp. announced financial and operational results for the first quarter 2022. First Quarter 2022 Highlights: Sales volumes of 492 Bcfe Total per unit operating costs of $1.33…
Hess Corp. First Quarter 2022 Results
Hess Corp. reported its first quarter 2022 results. Key Developments: Announced new discoveries at Barreleye, Lukanani, and Patwa on the Stabroek Block, offshore Guyana; discoveries further underpin the…
Antero Resources First Quarter 2022 Results
Antero Resources Corp. announced its first quarter 2022 financial and operating results. First Quarter 2022 Highlights Include: Net production averaged 3.2 Bcfe/d, including 160 MBbl/d of liquids Realized…
Range Resources First Quarter 2022 Results
Range Resources Corp. announced its first quarter 2022 financial results. First Quarter 2022 Highlights: Realizations before NYMEX hedges of $5.63 per mcfe, approximately $0.74 above NYMEX natural gas…
Ring Energy Details Preliminary 1Q22 Results; Production Beats Expectations
Ring Energy, Inc. provided an operational and financial update for the Company's first quarter 2022 sales, drilling program and further debt repayment. Highlights and Recent Key Items: Reported…
Earthstone Energy FInalizes Bighorn Permian Acquisition
Earthstone Energy, Inc. has closed the acquisition of assets of privately held Bighorn Permian Resources LLC in the Midland Basin. The Company also announced the closing of a…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |