E & P News
Centennial Resource Development Fourth Quarter, Full Year 2021 Results
Centennial Resource Development, Inc. announced the establishment of a share repurchase program and its 2021 financial and operational results. Shareholder Return Program Announced $350 million stock repurchase program…
Whiting Petroleum Fourth Quarter, Full Year 2021 Results
Whiting Petroleum Corp. announced fourth quarter 2021 results. Fourth Quarter 2021 Highlights: Revenue was $473 million for the quarter ending December 31, 2021 Net income (GAAP) was $292…
Chesapeake Energy Fourth Quarter, Full Year 2021 Results
Chesapeake Energy Corp. reported fourth quarter and full-year 2021 results and updated 2022 guidance. 2021 Fourth Quarter Highlights: Net cash provided by operating activities of $563 million; unrestricted…
HighPeak Energy Unveils 2022 Capex, Drilling Plan
HighPeak Energy detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $750-800 million - up 200% vs. 2021 D&C: $715-760 million Infrastructure, Land, & Other: $35-40…
HighPeak Energy Preliminary Fourth Quarter Results, Reserve Update
HighPeak Energy, Inc. announced an operational update, 2021 year-end proved reserves, 2022 guidance update, the entry into agreements with various sellers to purchase oil and gas assets and…
Permian E&P to Drill and Complete 270 Wells in 2022
Diamondback Energy Inc. detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $1.75 - $1.90 billion- up 23% vs. 2021 D&C: $1.56-1.67 billion Midstream: $80-100 million…
Laredo to Drill 65, Complete 55 Wells in 2022; Two Rigs, 1-2 Frac Crews
Laredo Petroleum, Inc. announced its capital budget and production guidance for full-year 2022. 2022 Plan - Capex: $520 million - up 17% vs. 2021 D&C Total: $436 million…
Matador to Complete 80 Operated Wells in 2022; Six Rigs in Delaware Basin
Matador Resources Co. detailed its 2022 capital plan and guidance. 2022 Plan - Capex: $690-770 million - up 32% vs. 2021 D&C: $640-710 million Midstream: $50-60 million -…
Range Resources Fourth Quarter, Full Year 2021 Results
Range Resources Corp. announced its fourth quarter 2021 financial results and plans for 2022. 4Q and Full-Year 2021 Highlights: Reduced net debt in 2021 by $379 million compared…
Range Resources to Complete 63 Net Wells in 2022; Down 7% vs. 2021
Range Resources reported its 2022 capital plan and guidance. 2022 Plan - Capex: $460-480 million - up 14% vs. 2021 D&C: $425-445 million Land & Other: $35 million…
Matador Resources Fourth Quarter, Full Year 2021 Results
Matador Resources Co. reported its 4Q and full year 2021 results. 4Q2021 Operational and Financial Highlights: Net Cash Provided by Operating Activities and Adjusted Free Cash Flow Fourth…
Laredo Petroleum Fourth Quarter, Full Year 2021 Results
Laredo Petroleum, Inc. announced its fourth-quarter and full-year 2021 financial and operating results. 2021 Highlights: Grew development inventory through acquisition of ~41,000 net acres in Howard and western…
Diamondback Makes Several Executive Promotions; CEO Stice Named Chairman
Diamondback Energy, Inc. announced a series of leadership appointments and promotions, effective immediately. Travis Stice will assume the role of Chairman of the Board of Directors of Diamondback…
Diamondback Energy Fourth Quarter, Full Year 2021 Results
Diamondback Energy, Inc. announced financial and operating results for the fourth quarter and full year ended December 31, 2021. 4Q21 Highlights: Average production of 226.3 MBO/d (387.1 MBOE/d)…
Ring Energy Details Preliminary 4Q21 Results, Hedging Update
Ring Energy, Inc. provided an update concerning the Company's fourth quarter and full year 2021 sales volumes, further paydown of debt, commencement of the 2022 drilling program, and…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |