E & P News

Bonanza Creek Energy First Quarter 2021 Results
Bonanza Creek Energy, Inc. reported its Q1 2021 results. Highlights include: Initiating an annual cash dividend of $1.40 per share to be payable quarterly beginning in the second…

Southwestern Energy First Quarter 2021 Results
Southwestern Energy Co. announced financial and operating results for the first quarter ended March 31, 2021. Highlights: Achieved $347 million net cash provided by operating activities; invested $266…

Cabot Oil & Gas First Quarter 2021 Results
Cabot Oil & Gas Corp. reported financial and operating results for the first quarter of 2021. CEO Dan O. Dinges said: "Relative to the prior-year period, Cabot's free…

SM Energy First Quarter 2021 Results
SM Energy Co. announced operating and financial results for the first quarter 2021 and provided certain second quarter 2021 guidance. Highlights: Cash flows included net cash provided by…

New President Takes Helm of Seneca Resources
National Fuel Gas Company announced that Justin I. Loweth has taken responsibility as President of Seneca Resources Company LLC, the Exploration and Production segment of the Company. About…

Ring Energy Details Preliminary Q1 Results; Pays Down Debt, Talks Drilling
Ring Energy, Inc. detailed its preliminary Q1 2021 results. Paid Down $7.5 Million of Debt During 1Q21 Reduced debt balance to $305.5 million on $350 million borrowing base;…

Enerplus Wraps Up $312MM Deal for Hess' Bakken Assets
Enerplus Corp. has closed its previously announced acquisition of Williston Basin assets from Hess Corp. for a total cash purchase price of $312 million in cash. The deal…

Continental Resources First Quarter 2021 Results
Continental Resources, Inc. announced its first quarter 2021 operating and financial results. Highlights: Quarterly Dividend Doubled to $0.11 per Share Payable on May 24, 2021 to Stockholders of…

ExxonMobil First Quarter 2021 Results
Exxon Mobil Corp. reported its Q1 2021 results. Exxon announced estimated first quarter 2021 earnings of $2.7 billion, or $0.64 per share assuming dilution, compared with a loss…

Baytex Energy First Quarter 2021 Results
Baytex Energy Corp. reported its Q1 2021 results. Ed LaFehr, President and Chief Executive Officer, said: "We delivered strong first quarter production and free cash flow as we…

Ovintiv Inc. First Quarter 2021 Results
Ovintiv Inc. announced its first quarter 2021 financial and operating results. Highlights: First quarter 2021 net earnings of $309 million ($1.16 per share diluted), cash from operating activities…

Matador Resources First Quarter 2021 Results
Matador Resources Co. reported financial and operating results for the first quarter of 2021. Joseph Wm. Foran, Matador’s Chairman and CEO, commented, “On both our website and the…

Hess Corp. First Quarter 2021 Results
Hess Corp. reported its Q1 2021 results. Hess reported net income of $252 million, or $0.82 per common share, in the first quarter of 2021, compared with a…

Extraction Details Preliminary Q1 Results; 71.6 MBOEPD Output
Extraction Oil & Gas, Inc. provided preliminary financial and operational results for the first quarter of 2021. First Quarter 2021 Highlights Achieved average net sales volumes of 71.6…

Denbury Taps New Exec to Head Carbon Solutions Team
Denbury Inc. has announced the appointment of Nikulas Wood as Senior Vice President. This appointment is related to its new Carbon Capture, Use and Storage (CCUS) business. Mr.…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |