E & P News
Chevron Details Two Senior Management Changes
Chevron Corp. announced the appointment of Eimear Bonner as vice president, reporting to Chairman and CEO Michael Wirth, effective August 2. Bonner will also continue as president, Chevron…
EQT Corp. Second Quarter 2021 Results
EQT Corp. announced financial and operational results for the second quarter 2021. Second Quarter and Other Highlights: Sales volumes of 421 Bcfe, in-line with guidance Total per unit…
Baytex Energy Second Quarter 2021 Results
Baytex Energy Corp. reported its Q2 2021 results (all amounts are in Canadian dollars unless otherwise noted). Ed LaFehr, President and Chief Executive Officer, said: "During the second…
ExxonMobil Second Quarter 2021 Results
Exxon Mobil Corp. reported its Q2 2021 results. Exxon announced estimated second-quarter 2021 earnings of $4.7 billion, or $1.10 per share assuming dilution, compared with a loss of…
Centennial Resource Development Details Changes to Board
Centennial Resource Development, Inc. announced that Vidisha Prasad has been appointed to its Board of Directors, effective immediately. Ms. Prasad will serve as a member of the Audit…
Hess Corp. Second Quarter 2021 Results
Hess Corp. reported its Q2 2021 results. Hess reported a net loss of $73 million, or $0.24 per common share, in the second quarter of 2021, compared with…
Range Resources Second Quarter 2021 Results
Range Resources Corp. announced its second quarter 2021 financial results. Highlights: Realizations before index hedges of $3.25 per mcfe, or approximately $0.41 above NYMEX natural gas Pre-hedge NGL…
Hess to Increase Bakken Rig Count, CapEx Unchanged
Hess provided an update to its most recent quarterly results. Here is the quick read. 1. The company said it plans to add 1 rig to its bakken…
Ovintiv Inc. Second Quarter 2021 Results
Ovintiv Inc. announced its second quarter 2021 financial and operating results. In addition, the Company increased its quarterly dividend payment by approximately 50%, accelerated its $4.5 billion net…
Exxon, Hess Strike Oil Discovery at Guyana Whiptail Prospect
ExxonMobil and Hess Corp. announced a significant oil discovery on the Stabroek Block offshore Guyana at Whiptail. The Whiptail-1 well encountered 246 feet (75 meters) of net pay…
Exxon Partners for Carbon Capture Project in Scotland
ExxonMobil has signed a Memorandum of Understanding to participate in the recently announced Acorn carbon capture and storage project (CCS) in Scotland. The project plans to capture and…
Southwestern Taps Former SandRidge CEO as its New CFO
Southwestern Energy Co. announced that Carl Giesler Jr. will join the company as Executive Vice President and Chief Financial Officer on July 19, 2021. Giesler recently departed his…
ExxonMobil's Principal Financial Officer to Retire; Successor Hired
ExxonMobil has announced that Andrew Swiger, Principal Financial Officer and senior vice president of the company, has announced his intention to retire effective Sept. 1 after more than…
Amplify Energy Regains Compliance with NYSE
Amplify Energy Corp. has received notice from the NYSE that it had regained compliance with the continued listing standards set forth in Item 802.01B of the NYSE Listed…
SandRidge CEO Resigns; COO Grayson Pranin Takes Helm
SandRidge Energy Inc. announced that Carl Giesler, Jr. has resigned as Chief Executive Officer, President and a member of the Board of Directors for the Company in order…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |