Joseph
Markman
Hart Energy
Perspectives: Oil and Gas Companies Continue to Hedge
Here’s a survey of the 30 largest public oil and gas companies and their hedging activities as disclosed in their Dec. 21, 2021, 10-K filings.
Shell CEO Wants to Share More of Company’s Blockbuster Profits
“We have to look after our shareholders because I think our shares are very significantly underpriced, and therefore giving back more to shareholders to help that part of the equation is going to be very important,” Shell CEO Ben van Beurden said.
APA Corp. Elects Lamar McKay as New Board Chair Following John Lowe’s Retirement
H. Lamar McKay was appointed to the APA board in February 2021 after a 40-year career with British oil major BP Plc.
Buffett’s Berkshire Owns 19.2% of Occidental Petroleum after New Purchases
Some analysts have speculated that Buffet could buy all of Houston-based Occidental Petroleum, which has been reducing debt since acquiring Anadarko Petroleum for $35.7 billion in 2019.
Oil and Gas Investors’ Happy Place, Brought to You by the Letters M and A
Production growth is limited by investment, and investors want fewer and larger companies, Wood Mackenzie’s Benjamin Shattuck says. Here’s how the oil and gas industry can return to growth.
‘No Easy Fix’: Suncor Energy Faces Overhaul after CEO Exit
“This level of events is something we have never seen in the 25 years of covering the sector,” Phil Skolnick, an analyst at investment dealer Eight Capital, wrote in a note to clients following Suncor CEO Mark Little’s resignation.
Centennial, Colgate’s Delaware Basin Combination: An ESG Accretive?
Will bigger be better when it comes to ESG performance? Texas-based ESG Dynamics takes a closer look at Centennial Resource Development and Colgate Energy’s planned “merger of equals.”
Suncor Energy CEO Mark Little Steps Down after Latest Site Fatality
Suncor Energy CEO Mark Little’s resignation comes a day after a worker was killed at Suncor’s oil sands base plant in northern Alberta. It was the second fatality at a Suncor site this year and the 13th since 2014.
Buffett’s Berkshire Hathaway Boosts Stake in Occidental Petroleum to 18.7%
Berkshire Hathaway’s growing stake has prompted market speculation that Warren Buffett’s company might eventually buy all of Occidental Petroleum.
Report Claims ESG-focused US Shale Producers Perform Better over Time
A new study shows how ESG ratings of oil and gas operators are impacting their long-term financial performance.