E & P News

PDC Energy First Quarter 2021 Results
PDC Energy, Inc. announced its 2021 first quarter financial and operating results. 2021 First Quarter Highlights: Net cash from operating activities of approximately $355 million, adjusted cash flows…

Laredo Petroleum First Quarter 2021 Results
Laredo Petroleum, Inc. announced its first-quarter 2021 financial and operating results. Q1 2021 Highlights: Generated $71 million of cash flows from operating activities and $22 million of Free…

Marathon Oil First Quarter 2021 Results
Marathon Oil Corp. reported its Q1 2021 results. Marathon reported first quarter 2021 net income of $97 million, or $0.12 per diluted share, which includes the impact of…

Devon Energy First Quarter 2021 Results
Devon Energy Corp. (NYSE: DVN) today reported financial and operational results for the first-quarter 2021. The company’s first quarter performance includes results from the merger with WPX Energy…

Antero Resources Adds Former Concho CFO to Board
Antero Resources Corp. announced that Brenda R. Schroer has been appointed to its Board of Directors, as a Class I director, effective as of April 30, 2021. Schroer's…

CNOOC Begins Production at Liuhua 29-2 Gas Field
CNOOC Limited announced that Liuhua 29-2 gas field has commenced production. The Liuhua 29-2 gas field is located in the eastern South China Sea, 300 kilometers southeast of…

Centennial Resource Development First Quarter 2021 Results
Centennial Resource Development, Inc. announced first quarter 2021 financial and operational results. Recent Financial and Operational Highlights: Generated free cash flow for the third consecutive quarter Increased pro…

APA Corp. First Quarter 2021 Results
APA Corp. reported its Q1 2021 results. Highlights: Reported production of 382,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax…

Comstock Resources First Quarter 2021 Results
Comstock Resources, Inc. reported financial and operating results for the quarter ended March 31, 2021. Highlights: Adjusted net income to common stockholders was $63 million for the quarter…

Pioneer Natural Resources First Quarter 2021 Results
Pioneer Natural Resources Co. reported its Q1 2021 results. Pioneer reported a first quarter net loss attributable to common stockholders of $70 million, or $0.33 per diluted share.…

Contango's Credit Line Extended 108% by Lender to $250MM
Contango Oil & Gas Co. reported the expansion of its Senior Credit Facility led by JPMorgan Chase Bank under which the borrowing base has been increased from $120…

Oasis Petroleum First Quarter 2021 Results
Oasis Petroleum reported its Q1 2021 results. 1Q21 Operational and Financial Highlights: Completed simplification of midstream business through sale of remaining interests in Bobcat DevCo and Beartooth DevCo…

ConocoPhillips First Quarter 2021 Results
ConocoPhillips reported its first quarter 2021 results. Conoco reported first-quarter 2021 earnings of $1.0 billion, or $0.75 per share, compared with a first-quarter 2020 loss of $1.7 billion,…

Antero Resources First Quarter 2021 Results
Antero Resources Corp. reported its Q1 2021 results. Q1 2021 Highlights: Net production averaged 3,322 MMcfe/d, including 170,000 Bbl/d of liquids Realized natural gas equivalent price averaged $4.03…

Diamondback Energy First Quarter 2021 Results
Diamondback Energy, Inc. reported its Q1 2021 results. Q1 Highlights: Previously announced Q1 2021 average production of 184.2 MBO/d (307.4 MBOE/d) Generated Q1 2021 cash flow from operating…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |