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.

Twenty Years Ago, Range Jumpstarted the Marcellus Boom

Range Resources launched the Appalachia shale rush, and rising domestic power and LNG demand can trigger it to boom again.

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.

Exclusive: ‘Later Innings’ for Energy M&A: Consolidator View Slows Deals

John Fossum, managing director at Petrie Partners, delves into the slowing pace of mergers amid companies vying for consolidator status and approaches companies are taking to generate cash, in this Hart Energy Exclusive interview.

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.

TC Energy Spinoff, Oxy Warn Shareholders of Unsolicited Mini-Tender Offer

South Bow and Occidental Petroleum said the offer from TRC Capital, which seeks to purchase up to 2 million and 3 million common shares respectively, is below both companies’ current market value.

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.

EIV Capital: Opportunities Abound for Investors in Midstream Sector

Here are the metrics that midstream financiers look for in a mature industry.

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.