E & P News

Touchstone Exploration, Inc., First Quarter 2023 Results
Touchstone Exploration, Inc., announced first quarter 2023 results. Highlights Produced quarterly average volumes of 2,139 boe/d, representing a 53 percent increase relative to the 1,396 boe/d produced in…

InPlay Oil Corporation First Quarter 2023 Results
InPlay Oil Corporation announced first quarter 2023 results. Highlights Achieved average quarterly production of 9,020 boe/d(1) (58% light crude oil and NGLs), an increase of 21% on a…

Spartan Delta Corp. First Quarter 2023 Results
Spartan Delta Corp. announced first quarter 2023 results. Highlights The Company achieved 10% growth in production from an average of 72,588 BOE/d in Q1 2022 to 80,200 BOE/d…

Tenaz Energy Corp. First Quarter 2023 Results
Tenaz Energy Corp. announced first quarter 2023 results. Highlights Production volumes averaged 2,337 boe/d1 in Q1 2023, up 54% from Q4 2022 and 132% from Q1 2022. The…

Prairie Provident Resources Inc. First Quarter 2023 Results
Prairie Provident Resources Inc. announced first quarter 2023 results. Highlights Production averaged 3,733 boe/d (63% liquids) for the first quarter of 2023, consistent with the fourth quarter of…

Earthstone Energy, Inc., First Quarter 2023 Results
Earthstone Energy, Inc., announced first quarter 2023 results. Highlights Average daily production of 104,450 Boepd(1), up 194% from Q1 2022 Net income(2) of $86.2 million, and Adjusted Net…

Devon Energy Corp. First Quarter 2023 Results
Devon Energy Corp., announced first quarter 2023 results. Highlights Oil production reached an all-time high of 320,000 barrels per day in the first quarter Capital activity headlined by…

Battalion Oil Corporation First Quarter 2023 Results
Battalion Oil Corporation announced first quarter 2023 results. Highlights Substantial progress on acid gas treating facility as we ramp up gas delivery toward bringing the facility fully online…

APA Corporation First Quarter 2023 Results
APA Corporation announced first quarter 2023 results. Highlights Reported production of 394,000 barrels of oil equivalent (BOE) per day; adjusted production, which excludes Egypt noncontrolling interest and tax…

Crescent Point Energy Corporation First Quarter 2023 Results
Crescent Point Energy Corporation announced first quarter 2023 results. Highlights Closed the strategic acquisition of Alberta Montney assets, which includes 38,000 boe/d and over 20 years of premium…

SandRidge Energy, Inc., First Quarter 2023 Results
SandRidge Energy, Inc., announced first quarter 2023 results. Highlights First quarter net income was $23.8 million, or $0.64 per basic share. Adjusted net income(1) was $25.7 million, or…

Amplify Energy Corporation First Quarter 2023 Results
Amplify Energy Corporation announced first quarter 2023 results. Highlights During the first quarter of 2023, the Company: Achieved average total production of 19.4 MBoepd Generated net cash provided…

PDC Energy, Inc., First Quarter 2023 Results
PDC Energy, Inc., announced first quarter 2023 results. Highlights Net cash from operating activities of approximately $590 million, adjusted cash flows from operations, a non-U.S. GAAP metric defined…

Magnolia Oil & Gas Corporation First Quarter 2023 Results
Magnolia Oil & Gas Corporation announced first quarter 2023 results. Highlights Magnolia reported first quarter 2023 net income attributable to Class A Common Stock of $96.3 million, or…

EOG Resources, Inc., First Quarter 2023 Results
EOG Resources, Inc., announced first quarter 2023 results. Highlights Earned adjusted net income of $1.6 billion, or $2.69 per share Generated $1.1 billion of free cash flow Declared…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |