Gastar Emerges from Chapter 11 Bankruptcy
Wednesday January 23, 2019 - The pure play Mid-Continent energy company has successfully completed its restructuring process.
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Gastar Emerges from Chapter 11 Bankruptcy
Wednesday, January 23, 2019 The pure play Mid-Continent energy company has successfully completed its restructuring process.
Chesapeake Surges After Director Buys Shares
Wednesday, December 26, 2018 Chesapeake shares rose the most since February.
Hess Market Cap Plunges $1.5B
Monday, December 24, 2018 Hess tumbled the most in almost three years, wiping out $1.5 billion in market valuation.
Drop in Crude to Test Big Oil's Devotion to Spending Discipline
Wednesday, November 14, 2018 The world's biggest oil companies have been saying that by keeping a tight rein on spending today, they'll be fortified against the next crude-price collapse.
Gastar Exploration Files for Chapter 11 Bankruptcy
Monday, October 29, 2018 The pure play Mid-continent energy company has entered into a restricting support agreement with its largest creditor and shareholder.
Private Equity Needs Long-Term Approach to Cash in on Shale
Monday, October 22, 2018 For private equity, the game plan for cashing in on the U.S. shale boom is shifting from quick flips to long-term commitments, according to one veteran energy investor.
Weatherford CEO Expects 2018 EBITDA To Nearly Double
Wednesday, September 05, 2018 Weatherford International's full-year earnings before expenses will nearly double from last year, CEO Mark McCollum says.
Total Rules Out Investing In US Shale Oil After BP-BHP Deal
Monday, August 27, 2018 Total is not looking at investing in the US shale oil industry.
Sources: US Directional Oil And Gas Drilling Firm SDI Seeking Buyer
Thursday, August 09, 2018 SDI is being offered to potential buyers at a valuation of more than $500 million, sources familiar said.
Equity Ramping Up to Target Unconventional Plays Including the Permian
Wednesday, June 20, 2018 Despite bottleneck woes, investors are opening their wallets for the latest wave of unconventional fever and the Permian in particular.
Sources Say ExxonMobil to Take Baby Steps to Expand Oil Trading Unit
Tuesday, June 12, 2018 ExxonMobil is dipping its toe in the world of oil trading, hiring executives and showing an appetite for expanding its operations.
Investors See Big Oil Surge, But Physical Markets Suggest Caution
Tuesday, May 15, 2018 Physical markets for oil shipments tell a different story.
Oil's Lifeline Turns Into $7 Billion Drag as Crude Prices Jump
Wednesday, May 02, 2018 There's a downside to oil prices being up that could cost the industry more than $7 billion.
Rosneft Appeals to Market With $2 Billion Buyback, Debt Cut
Tuesday, May 01, 2018 Rosneft PJSC plans to start a $2B share buyback this year.
Seadrill Gets US Court Approval For Bankruptcy Exit Plan
Tuesday, April 17, 2018 A US judge saya he would approve Seadrill's plan to exit its Chapter 11 bankruptcy.
Drillcore Creates $250MM Fund for US Upstream Investments
Tuesday, April 17, 2018 Drillcore Energy Partners is seeking its first private equity fund to make upstream investments in the continental U.S.
Oil Services Investors Yawn at Latest US Sanctions on Russia
Monday, April 09, 2018 Investors of the world's biggest oil-servicer providers are so far looking past the most punitive round of U.S. sanctions on Russia.
Oil Producer Hess To Buy Back $1B Shares
Thursday, March 08, 2018 Hess Corp will buy back $1 billion worth of shares by the end of 2018, becoming the latest U.S. oil and gas producer to do so amid a recovery in oil prices.
Exxon Woos Wall St. With Bold Plan To Double Earnings By 2025
Wednesday, March 07, 2018 ExxonMobil says it expects earnings to more than double by 2025 to $31 billion, with crude prices at or above current levels.
Saudi Aramco CEO: Global Oil Sector Needs $20T Investments Over 25 Years
Tuesday, March 06, 2018 The global oil and gas industry needs to invest more than $20 trillion over the next 25 years to meet expected growth.
Alaska, Other Oil States Fight Budget Deficits For Fiscal Year 2019
Friday, March 02, 2018 More than three years after the collapse in oil prices, energy-producing states continue to struggle with budget shortfalls.
CFO: Sand Delays To Cut Halliburton's 1Q EPS By 10 Cents
Thursday, February 15, 2018 Halliburton's 1Q earnings would be reduced by 10 cents per share due to delays in sand deliveries, a senior company executive says.
Anadarko Raises Dividend Payout, Share Buyback Program
Wednesday, February 07, 2018 Anadarko says it increased its quarterly dividend and also raises its share buyback program.
ExxonMobil Stock Rout Deepens as Profit Flub Meets S&P 500 Plunge
Monday, February 05, 2018 ExxonMobil is on course for its steepest two-day stock rout in almost 2 1/2 years.
Seadrill Postpones Restructuring Plan Hearing Until Feb. 7
Thursday, January 25, 2018 Drilling rig company Seadrill has again postponed an initial hearing on its restructuring plan.