E & P News
Chesapeake Energy Third Quarter 2021 Results; Preliminary 2022 Guidance
Chesapeake Energy Corp. reported 2021 third quarter results. Updates to 2021 and Preliminary 2022 Guidance Chesapeake increased its expected 2021 adjusted EBITDAX range to approximately $2.1 to $2.2…
Earthstone Energy Wraps Up Deal for Midland Basin Assets
Earthstone Energy Inc. has completed the previously announced acquisition of privately held operated assets located in the Midland Basin from Foreland Investments LP. The aggregate purchase price of…
Chesapeake Energy Wraps Up $2.2B Acquisition of Vine Energy
Chesapeake Energy Corp. has completed its previously announced $2.2B acquisition of Vine Energy Inc. The transaction was approved by Vine stockholders at a special meeting held on November…
Diamondback Energy Third Quarter 2021 Results
Diamondback Energy Inc. reported its Q3 2021 results. Highlights: Q3 2021 average production of 239.8 MBO/d (404.3 MBOE/d) Q3 2021 Permian Basin production of 223.0 MBO/d (374.3 MBOE/d)…
Crescent Point Energy Third Quarter 2021 Results
Crescent Point Energy Corp. reported its Q3 2021 resuls. Highlights: Generated over $180 million of excess cash flow, or over $580 million year-to-date, further enhancing balance sheet strength.…
HIghPeak's Q3 Production Hampered by Shut-Ins; Deal Closures, Financials
HighPeak Energy Inc. reported several updates, both corporate and operational. Highlights: The Company's production for the second half of October will average approximately 15,000 barrels of oil equivalent…
Major E&P to Ramp Up Drilling & Frac Activity in 4Q, Frac Crews, Rigs
Chevron Corp. will be ramping up frac and drilling operations as it enters the fourth quarter of 2021. Chevron CFO Pierre Breber commented: "You will see us increase…
EQT Corp. Third Quarter 2021 Results
EQT Corp. announced financial and operational results for the third quarter 2021. Third Quarter and Other Highlights: Sales volumes of 495 Bcfe, at high end of guidance Total…
Antero Resources Third Quarter 2021 Results
Antero Resources Corp. announced its third quarter 2021 financial and operational results. Third Quarter 2021 Highlights Include: Net production averaged 3.25 Bcfe/d, including 169 MBbl/d of liquids Realized…
Extraction Details Preliminary Q3 Results, Production
Extraction Oil & Gas, Inc. reported certain preliminary financial and operational results for the third quarter of 2021. Preliminary Highlights: Achieved average net sales volumes of 74 MBoe/d,…
SM Energy Third Quarter 2021 Results
SM Energy Co. announced operating and financial results for the third quarter 2021 and provided certain fourth quarter and updated full year 2021 guidance. Third quarter 2021 highlights:…
Bonanza Creek Energy Third Quarter 2021 Results
Bonanza Creek Energy, Inc. announced its third quarter 2021 financial results. Highlights include: Average sales volumes for the third quarter of 43.7 thousand barrels of oil equivalent per…
Chevron Corp. Third Quarter 2021 Results
Chevron Corp. reported its Q3 2021 results. Chevron reported earnings of $6.1 billion ($3.19 per share - diluted) for third quarter 2021, compared with a loss of $207…
ExxonMobil Third Quarter 2021 Results
Exxon Mobil Corp. reported its Q3 2021 results. Exxon announced estimated third-quarter 2021 earnings of $6.8 billion, or $1.57 per share assuming dilution. Third-quarter capital and exploration expenditures…
Matador Resources Third Quarter 2021 Results
Matador Resources Co. reported its Q3 2021 results. Significant Well Results The following table highlights the 24-hour initial potential ("IP") test results from eight of the 13 most…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |