E & P News

HighPoint Resources Third Quarter 2020 Results
HighPoint Resources Corp. announced third quarter of 2020 financial and operating results. Highlights: Reported production sales volume of 2.8 million barrels of oil equivalent ("MMBoe") for the third…

Continental Resources Third Quarter 2020 Results
Continental Resources reported its Q3 2020 results. Preliminary 2021 Outlook CEO Bill Berry said: "As a continuation of Continental's historic track record of sustainable cash flow and debt…

Crew Energy Third Quarter 2020 Results
Crew Energy Inc. reported its Q3 2020 results. Q3 Highlights: Production Guidance Increased: Q3 production averaged 20,207 boe (121.2 mmcfe) per day, beating our quarterly guidance range of…

EOG Resources Third Quarter 2020 Results; Touts New South TX Gas Play
EOG Resources, Inc. reported its Q3 2020 results. EOG reported a third quarter 2020 net loss of $42 million, or $0.07 per share, compared with third quarter 2019…

Penn Virginia Third Quarter 2020 Results
Penn Virginia Corp. announced its financial and operational results for the third quarter 2020. Recent Highlights: Entered into strategic agreements with certain affiliates of Juniper Capital Advisors, L.P.…

Murphy Oil Third Quarter 2020 Results
Murphy Oil Corp. reported its Q3 2020 results. Murphy reported a net loss attributable to Murphy of $244 million, or $1.59 net loss per diluted share. Adjusted net…

Enerplus Corp. Third Quarter 2020 Results
Enerplus Corp. reported its Q3 2020 results. Cash flow from operating activities for the third quarter was $137.0 million and adjusted funds flow was $83.1 million. Enerplus reported…

ARC Resources Third Quarter 2020 Results, 2021 Guidance
ARC Resources reported its Q3 2020 results. 2021 Budget Overview The Board has approved a capital budget for 2021 that will range from $375 million to $425 million…

SandRidge Energy Inc. Third Quarter 2020 Results
SandRidge Energy, Inc. reported its Q3 2020 results. Results and highlights during the quarter: Decreased net debt1 by $44.7 million to $0.8 million compared to $45.5 million at…

W&T Offshore Third Quarter 2020 Results
W&T Offshore, Inc. reported operational and financial results for the third quarter 2020. Key highlights included: Produced 34,459 barrels of oil equivalent per day ("Boe/d"), or 3.2 million…

After Failing to Find Buyer, Shell to Shutter Louisiana Refinery
After failing to find a buyer for its refinery in Convent, Louisiana, Royal Dutch Shell has decided to shut down the facility, according to a report by Reuters.…

Haynesville Operator to Ramp Drilling & Completions in 2021
Comstock Resources provided an update on its 3rd quarter results, but the most interesting bit relates to the new 2021 budget the company provided. As you can see…

Earthstone Energy Third Quarter 2020 Results
Earthstone Energy, Inc. reported its Q3 2020 results. Third Quarter 2020 Highlights: Average daily production of 16,959 Boepd Adjusted EBITDAX of $36.4 million ($23.33 per Boe) All-in cash…

PDC Energy Third Quarter 2020 Results; IDs Preliminary 2021 Capex
PDC Energy, Inc. announced its 2020 third quarter operating and financial results. 2021 Preliminary Outlook The Company's preliminary 2021 Outlook remains unchanged from an operational standpoint as it…

Laredo Petroleum Third Quarter 2020 Results
Laredo Petroleum, Inc. announced its third-quarter 2020 results. For the third quarter of 2020, the Company reported a net loss attributable to common stockholders of $237.4 million, or…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |