Chris
Mathews
Hart Energy
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.
Dividends Declared the Week of Oct. 28
Here is a compilation of dividends declared this week for select upstream, midstream and downstream companies.
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.
Oxy’s Hollub Drills Down on CrownRock Deal, More M&A, Net-zero Oil
Vicki Hollub is leading Occidental Petroleum through the M&A wave while pioneering oil and gas in EOR and DAC towards the goal of net-zero oil.
ONEOK’s Acquisitions Pay Off with Increased Earnings
ONEOK Inc. also announced the completion of its $2.6 billion Medallion Midstream deal.
Marathon Oil Expects ‘Mass Layoff’ After ConocoPhillips Deal Closes
Marathon Oil’s merger with ConocoPhillips, which is to close by year-end, will trigger a layoff of more than 500 Houston employees, according to a state regulatory filing.
KKR, Solar Developer Birch Creek Close $150MM Credit Facility
KKR will provide a $150 million credit facility with Birch Creek Energy, which owns 160 megawatts of power projects, with more expected in place by year-end 2024.
First Solar’s Profit Rises Despite Chinese Dumping, Patent Disputes
First Solar executives said Chinese dumping and alleged patent infringements are among concerns for the solar panel maker.
Expand ‘Having Tons of Conversations’ to Power Data Centers with Gas
Expand Energy, the largest U.S. gas producer, has some 1 Bcf/d of supply behind pipe that it can turn online when gas markets stabilize, though executives said Oct. 30 it might not be needed for some time.
EQT Flexes Midstream Muscles in 3Q After Equitrans Acquisition
Natural gas producer EQT Corp. says it has far more flexibility to respond to market prices following its acquisition of Equitrans Midstream.