Darren
Barbee
Oil and Gas Investor
Diamondback’s Stice Swears Off Major Acquisitions, But Will Market Believe?
CEO Travis Stice acknowledged Diamondback Energy is perceived as a serial acquirer but said the company won’t be stepping out in a seller’s market.
Freehold Royalties Adds Sylvia Barnes, Valerie Mitchell to Board
Sylvia Barnes, co-founder of Houston-based Tanda Resources, and Valerie Mitchell, president and COO of Oklahoma City-based Troy Energy, joins Freehold Royalties board of directors.
EOG Resources CEO Says Natgas Markets Facing ‘Structural Change’
EOG Resouces CEO Ezra Yacob told investors on June 1 he expected discipline to hold in the North American E&P industry. He anticipates EOG to grow its oil production by roughly 5% this year.
DUG Haynesville: Despite Boom, Oil and Gas Stocks Still Undervalued, Expert Says
With oil and gas prices and exports both rising, KeyBanc’s Jay Salitza told DUG Haynesville attendees that he sees plenty of reason for optimism.
Morgan Stanley’s Shareholders Vote Against Proposal on Fossil Fuels
Morgan Stanley’s directors said in a document released in April that if the bank ceased funding fossil fuel projects, other players would still provide it.
Chevron to Consolidate Upstream, Midstream, Downstream Units
As part of the consolidation, Nigel Hearne will oversee Chevron’s full value chain in the newly created executive vice president position.
Exxon Mobil, Chevron Shareholders Back Energy Transition Plans
Shareholders earlier blocked proposals to accelerate carbon emission reductions at oil and gas producers TotalEnergies SE, BP Plc, Shell Plc, Occidental Petroleum Corp. and ConocoPhillips Co.
Shareholders Back Shell’s Climate Strategy after Raucous Meeting
As with Shell, shareholders in BP Plc backed their company’s climate strategy, while fewer investors than last year supported the Follow This resolution.
Siemens Energy Cuts Management Layers, Revamps Segment Reporting
Siemens Energy, which on May 21 announced a 4.05 billion-euro (US$4.32 billion) bid for the remaining stake in wind turbine unit Siemens Gamesa, said no layoffs were planned as part of the move.
Proxy Adviser Urges Exxon Mobil Shareholders to Oust Darren Woods as Chairman
PIRC said Exxon Mobil CEO Darren Woods should be held accountable as chairman for assuring the company’s strategy to meet Paris-aligned goals to reduce carbon emissions.