E & P News
Silverbow Resources Third Quarter 2020 Results
SilverBow Resources, Inc. announced operating and financial results for the third quarter of 2020. 2021 Outlook While still finalizing the 2021 budget, SilverBow is planning for single digit…
Pioneer Natural Resources Third Quarter 2020 Results
Pioneer Natural Resources Co. reported its Q3 2020 results. Pioneer reported a third quarter net loss attributable to common stockholders of $20 million, or $0.12 per diluted share.…
Callon Petroleum Third Quarter 2020 Results
Callon Petroleum Co. reported results of operations for the three and nine months ended September 30, 2020. Recent Highlights Delivered production of approximately 102.0 Mboe/d (63% oil), above…
Cimarex Energy Third Quarter 2020 Results
Cimarex Energy Co. reported its Q3 2020 results Highlights: Generated Net Cash Provided by Operating Activities of $259 million Generated $139 million of free cash flow after dividend…
Marathon Oil Third Quarter 2020 Results
Marathon Oil Corp. reported its Q3 2020 results. The company reported a third quarter 2020 net loss of $317 million, or $0.40 per diluted share, which includes the…
Berry Corp. Third Quarter 2020 Results
Berry Corp. reported its Q3 2020 results. Berry reported net loss of $19 million or $0.24 per diluted share and Adjusted Net Income(1) of $13 million or $0.17…
Baytex Energy Third Quarter 2020 Results
Baytex Energy Corp. reported its Q3 2020 results (all amounts are in Canadian dollars unless otherwise noted). Ed LaFehr, President and Chief Executive Officer, said: "We have made…
Saudi Aramco Third Quarter 2020 Results
Saudi Aramco announced its financial results for the third quarter of 2020. Highlights: Net income: $11.8 billion Cash flow from operating activities: $18.8 billion Free cash flow*: $12.4…
QEP Resources Out of NYSE Compliance; Mulls Reverse Stock Split
QEP Resources, Inc. received notice that it is out of NYSE compliance. Over the prior 30 day period, the company's stock price was below $1.00 per share, which…
PE Firm Invests $188MM in Penn Virginia in Exchange for Equity Stake
Penn Virginia Corp. has struck an investment deal with Juniper Capital worth $188.4 million. As part of this, Penn Virginia also concurrently announced a $38.4 million Eagle Ford…
Baytex Energy Adds Clean Energy Exec to Board
Baytex Energy has reported the appointment of Steve Reynish as a director of Baytex. About Reynish Mr. Reynish is currently the President and Chief Executive Officer of Enlighten…
WPX Energy Third Quarter 2020 Results; Merger with Devon on Track
WPX Energy reported its Q3 2020 results. WPX reported third-quarter oil volumes of 122,300 barrels per day, in line with second-quarter results as expected stemming from the effects…
Diamondback Energy Third Quarter 2020 Results
Diamondback Energy, Inc. announced financial and operating results for the third quarter ended September 30, 2020. Q3 Highlights: Q3 2020 average oil production of 170.0 MBO/d - down…
Centennial Resource Development Third Quarter 2020 Results
Centennial Resource Development, Inc. reported its Q3 2020 results. Highlights: Generated free cash flow during the quarter Reduced LOE per unit costs for the fourth consecutive quarter Lowered…
CNX Resources Third Quarter 2020 Results
CNX Resources reported its Q3 2020 results. Production & Drilling Summary Guidance Hedges Financials Cash flows from operating activities changed in the period-to-period comparison primarily due to the…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |