E & P News
Kelt Exploration Second Quarter 2020 Results
Kelt Exploration Ltd. reported its Q2 2020 results. The Company’s financial results are summarized as follows: Kelt’s operating results for the second quarter ended June 30, 2020 are…
Cimarex Energy 2Q 2020 Results, Ramping Up Rig Count, and Frac Crews
Cimarex Energy Co. reported its Q2 2020 results. The company is planning to ramp up its drilling activity after taking a break in May/June. The company plans to…
Marathon Oil Second Quarter 2020 Results
Marathon Oil Corp. reported its Q2 2020 results. The company reported a second quarter 2020 net loss of $750 million, or $0.95 per diluted share, which includes the…
Bonanza Creek Energy Inc. Second Quarter 2020 Results
Bonanza Creek Energy, Inc. reported its Q2 2020 results. Highlights of the second quarter 2020 include: Average sales volumes of 24.9 thousand barrels of oil equivalent per day…
Riviera Resources to Exit Upstream Biz; Sell Assets
Anadarko Basin-focused Riviera Resources announced that it will be selling its remaining assets and exiting the upstream business, according to its Q2 report. Thus far in 2020, the…
Murphy Oil Second Quarter 2020 Results; Trims Another $40MM from Capex
Murphy Oil Corp. reported its Q2 2020 results. The company reported a net loss of $317 million, or $2.06 net loss per diluted share. Adjusted net loss, which…
Parsley Energy, Narrows 2020 Capex, Resume Frac Activity
Parsley Energy, Inc. reported its Q2 2020 results. 2020 Guidance The Company is narrowing its 2020 capital budget to $650-$700 million (previously less than $700 million), with reported…
Riviera Resources Second Quarter 2020 Results
Riviera Resources, Inc. reported its Q2 2020 results. Highlights: Returned approximately $355 million to shareholders in the last eight months: Cash distribution of $4.25 per share paid to…
SandRidge Energy Second Quarter 2020 Results
SandRidge Energy Inc. announced financial and operational results for the quarter ended June 30, 2020. Results and highlights during the quarter: Produced 23.6 MBoepd for the quarter Incurred…
Comstock Resources Second Quarter 2020 Results
Comstock Resources, Inc. reported its Q2 2020 results. Financial Results For the second quarter of 2020, Comstock reported net loss available to common stockholders of $60.0 million or…
Talos Energy Second Quarter 2020 Results
Talos Energy Inc. announced its financial and operational results for the second quarter of 2020. Key Highlights: Production of 52.4 thousand barrels of oil equivalent per day ("MBoe/d"),…
Gear Energy Second Quarter 2020 Results
Gear Energy Ltd. reported its Q2 2020 results. Results Summary The dominant headline for 2020 to date has been the COVID-19 pandemic which has adversely impacted the global…
Headwater Exploration Second Quarter 2020 Results
Headwater Exploration Inc. reported its Q2 2020 results. Highlights: As at June 30, 2020, Headwater has cash and short-term investments (consisting of redeemable guaranteed investment certificates) of $112.8…
Earthstone Energy Second Quarter 2020 Results
Earthstone Energy Inc. reported its Q2 2020 results. Second Quarter 2020 Highlights Average daily production of 13,555 Boepd Adjusted EBITDAX of $39.8 million ($32.30 per Boe) All-in cash…
Pine Cliff Energy Ltd. Second Quarter 2020 Results
Pine Cliff Energy Ltd. reported its Q2 2020 results. The second quarter of 2020 was dominated by the collapse of crude oil and liquids prices due to global…
| Commodity | Price | % Change |
|---|---|---|
| Brent Crude Oil | 94.99 | -14.10% |
| Light Crude Oil | 89.46 | -12.37% |
| Natural Gas | 3.04 | 10.14% |