E & P News
Ovintiv Inc. Fourth Quarter, Full Year 2021 Results
Ovintiv Inc. announced its fourth quarter and year-end 2021 financial and operating results. Highlights: Generated full year net earnings of $1.4 billion, cash from operating activities of $3.1…
Ovintiv Cuts Completions by 10% for 2022; Production, Spending Flat YOY
Ovintiv Inc. reported its 2022 capital plan and guidance. 2022 Plan - Capex: $1.5 billion - flat vs. 2021 - D&C Capex by Play Permian: $575-625 million Anadarko…
Occidental Petroleum Fourth Quarter, Full Year 2021 Results
Occidental Petroleum announced its fourth quarter and full year 2021 results. Highlights: Announced new shareholder return framework and additional debt reduction target Earnings per share of $1.37 per…
Permian, Eagle Ford Operator to Drill 92 Net Wells in 2022; Five Rigs, Two Frac Crews
SM Energy Co. reported its 2022 capital plan and guidance. 2022 Plan - Capex: $750 million - up 13% vs. 2021 D&C: $675 million Facilities: $45 million Other:…
PDC Energy Outlines 2022 Plan (Pre & Pro-Forma Acquisition); Plans 140 Completions
PDC Energy detailed its 2022 capital plan and guidance. The company also provided a pro forma guidance which will be in effect upon the closing of its acquisition…
SM Energy Fourth Quarter, Full Year 2021 Results
SM Energy Company announced certain fourth quarter and full year 2021 operating and financial results and year-end 2021 estimated proved reserves. Highlights include: Proved reserves growth. Estimated proved…
PDC Energy Fourth Quarter, Full Year 2021 Results
PDC Energy, Inc. reported its fourth quarter and full year 2021 results. 2021 Fourth Quarter and Year-End Results In the fourth quarter of 2021, PDC generated approximately $340…
EOG Resources Fourth Quarter, Full Year 2021 Results
EOG Resources, Inc. reported fourth quarter and full-year 2021 results. Key Financial Results From Ezra Yacob, Chief Executive Officer: "The outstanding fourth quarter results cap off a tremendous…
Citing Ukraine Invasion, BP to Dump 19.75% Stake in Rosneft, Exit Board
The BP board has announced that BP will exit its shareholding in Rosneft. BP has held a 19.75% shareholding in Rosneft since 2013. Additionally, BP chief executive officer…
Coterra Energy to Complete 144 Net Wells in 2022; Bulk in Permian, Marcellus
Coterra Energy (the company formed from the merger of Cabot Oil & Gas and Cimarex Energy) reported its 2022 capital plans and guidance. 2022 Plans - Capex: $1.4-1.5…
Callon Petroleum Fourth Quarter, Full Year 2021 Results
Callon Petroleum Company reported results of operations for the three months and full-year ended December 31, 2021. 2021 Highlights Full-year 2021 production of 95.6 MBoe/d (64% oil) Year-end…
Oasis Petroleum Fourth Quarter, Full Year 2021 Results
Oasis Petroleum Inc. announced financial and operating results for the quarter and year ending December 31, 2021. Fourth quarter and year end results are consistent with the update…
Coterra Energy Fourth Quarter, Full Year 2021 Results
Coterra Energy Inc. reported fourth-quarter and full-year 2021 financial and operating results. On October 1, 2021, Coterra announced that the merger involving the Company, which was formerly named…
Denbury Inc. Fourth Quarter, Full Year 2021 Results
Denbury Inc. provided its fourth quarter and full-year 2021 financial and operating results. Full Year 2021 Highlights: Set a fifth consecutive Company annual record for employee and contractor…
APA Corp. Adds Former Noble Energy CEO to Board
APA Corp. announced the appointment of Dave Stover to its board of directors. Stover is expected to serve on the Audit Committee. About Stover: Stover, 64, served as…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |