The Latest Oil & Gas - Exploration & Production Articles from Streetwise Reports
Offshore Oil Driller Boosts Output to 3.9 MMBoe in Q2
W&T Offshore Inc.'s shares traded 17% higher after the oil and gas producer reported Q2/22 financial results featuring a 106% YoY increase in revenue. The company noted it has been successful in increasing its proven reserves, reducing net debt levels, and is continuing to focus on generating free cash flow for shareholders.Energy Co. Looks for Cash Producing Oil & Gas Assets in Africa
Research Report
Tenaz Energy Corp. reported it was unsuccessful in obtaining the number of votes needed from SDX Energy Plc.'s shareholders to acquire the company. The firm continues to search for other oil and gas assets to acquire in North Africa and the Middle East that are congruent with its high free cash flow generation strategy. Research Capital Corp. advised in a research note that it is maintaining its Speculative Buy rating and CA$5.00 Target Price on the company.
Oil Price Problem? Expert Says Look to 2011
Contributed Opinion
Expert Michael Ballanger reviews this week's updates in the oil and gas sector, specifically his view on the U.S. government's handling of sanctions against Russia and how that will impact the economy.
Chen's Top Picks for Q3
Need to know where to go in these turbulent times? Asset manager Chen Lin has some ideas with his top picks for the third quarter.US E&P Co. Receives Take-Private Offer
Continental Resources Inc. shares traded 15% higher to a new 52-week high after the oil and gas company announced it received a non-binding buyout proposal for $70 per share in cash from the firm's largest shareholder Chairman Harold G. Hamm and the Hamm Family Trust.Oil and Gas E&P to Spin Out Assets
Research Report
"The market is pricing in very little for the new company, and given our expectations for continued strong oil prices, we believe this is a buying opportunity," noted a Research Capital Corp. report regarding Pan Orient Energy Corp.
Record Natural Gas Prices Helping Co. to Become Cash Cow as Big Oil Rakes in Billions
Contributed Opinion
With Europe going through a major energy crisis, Rystad Energy, a respected energy consulting group, has predicted that European gas prices could triple again. Expert Kerry Lutz reviews how Trillion Energy could be the one to fill that void.
FANG Strikes Merger Deal With Rattler
Rattler Midstream LP shares rose 15% after the company reported it entered into an all-stock merger agreement with Diamondback Energy Inc.Oil Prices Helping Co. Make Move to Green Energy
This energy company is pivoting to hydrogen, but it still has some interests in the oil and gas sector.Oil and Gas Firm to Sell But Retain Land, Launch New Co.
Research Report
With funds from the sale, this energy company will be able to advance its new entity to the development phase and grow, noted a Haywood Securities report.
Chen's Top Picks for Q2 2022
Asset manager and contributing writer Chen Lin looks to the biotechnology and mining sectors for his top second quarter picks.Analyst: Now Is a Good Time to Review Crude Oil
Contributed Opinion
It has been a wild week for crude oil. Technical analyst Clive Maund reviews the trends.
Two Leading US E&P Cos. Join Forces in $6.0B Merger
Shares of two leading independent exploration and production companies traded higher after they reported they entered into an agreement to combine operations in what was referred to as a "merger of equals," creating a new entity with a total enterprise value of around $6.0 billion.Showing Results: 1 to 13 of 13