Talos Energy, Inc. recently announced the sale of its entire carbon capture and storage (CCS) business for a total of US$148 million in cash, according to a Roth MKM research note.
Increasing revenues, more potential upside in Gabon, and imminent EG potential were factors in a US$10 target price for Vaalco Energy Inc., according to an Auctus Advisors research note.
SilverBow Resources Inc. has received Kimmeridge Energy Management's proposal to merge it gas-producing assets in the South Texas Eagle Ford with the company, according to a Roth MKM research note.
Solid returns of capital, including dividends and buybacks, higher production growth vs. peers, and discounted valuation vs. Permian peers, are the reasons Permian is rated a Buy, according to a Roth MKM research note.
If its strategy of using horizontal multifracking is successful, "the growth and value creation potential is very high," noted an Echelon Capital Markets report.