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EON Resources Postpones Annual Meeting to December
EON Resources is putting off its annual stockholders meeting in anticipation of not having a sufficient number of shares of its common stock represented by the original deadline.
Empire Raises $10M in Equity Offering to Ease Doubts, Reports $3.6M Loss
Empire Petroleum received a waiver from its lender after falling out of compliance with a credit agreement.
California Resources’ Carbon TerraVault Sees CCS Momentum
California Resources expects to receive a Class VI permit from the U.S. Environmental Protection Agency in December, the company’s CEO says.
Record NGL Volumes Earn Targa $1.07B in Profits in 3Q
Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.
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EON Resources Postpones Annual Meeting to December
EON Resources is putting off its annual stockholders meeting in anticipation of not having a sufficient number of shares of its common stock represented by the original deadline.
Empire Raises $10M in Equity Offering to Ease Doubts, Reports $3.6M Loss
Empire Petroleum received a waiver from its lender after falling out of compliance with a credit agreement.
California Resources’ Carbon TerraVault Sees CCS Momentum
California Resources expects to receive a Class VI permit from the U.S. Environmental Protection Agency in December, the company’s CEO says.
Record NGL Volumes Earn Targa $1.07B in Profits in 3Q
Targa Resources reported record NGL transportation and fractionation volumes in the Permian Basin, where associated natural gas production continues to rise.
Wind Energy Developer Ørsted Sees Profit Rise, US Challenges Remain
Danish wind company Ørsted reported a 4% increase in earnings and fewer impairments compared to a year ago but faced challenges with U.S. wind.
SM, Crescent Testing New Benches in Oily, Stacked Uinta Basin
The operators are landing laterals in zones in the estimated 17 stacked benches in addition to the traditional Uteland Butte.
Fewer Rigs, Bigger Payoff: US Oil Production Continues to Climb Even as Rig Count Drops
Despite a decline in the number of rigs in the U.S., technological advances and improved efficiencies have kept production going, allowing companies to achieve more with fewer resources.
Enbridge Among Growing List of Earnings Boosted by Acquisitions
Enbridge’s utilities acquisitions and gas transport growth helped to drive earnings in the third quarter.
ConocoPhillips Hits Permian, Eagle Ford Records as Marathon Closing Nears
ConocoPhillips anticipates closing its $17.1 billion acquisition of Marathon Oil before year-end, adding assets in the Eagle Ford, the Bakken and the Permian Basin.
Exxon, Chevron Beat 3Q Estimates, Output Boosts Results
Oil giants Chevron and Exxon Mobil reported mixed results for the third quarter, with both companies surpassing Wall Street expectations despite facing different challenges.