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.

Matador’s U-lateral Delaware Tests Outproduce 2-mile Straight Holes

Matador Resources' results from eight Loving County, Texas, tests include two 2-mile U-turn laterals, five 2-mile straight laterals and one 1-mile straight lateral, according to state data.

DT Midstream Moves on Network Expansion, See Gas Demand Up in ‘25

DT Midstream expects an increase in natural gas demand in the Haynesville Shale in 2025, despite a third-quarter earnings miss.

BP Profit Falls On Weak Oil Prices, May Slow Share Buybacks

Despite a drop in profit due to weak oil prices, BP reported strong results from its U.S. shale segment and new momentum in the Gulf of Mexico.

Exclusive: TPL Eyes Midland Growth to Replicate Delaware Basin Success

Texas Pacific Land CFO Chris Steddum discusses the company's approach to acquisitions in both the Delaware and Midland basins, and TPL's selective strategy when evaluating deals, in this Hart Energy Exclusive interview.

Quantum Raises $10B for Oil, Gas, Midstream, Energy Transition

Quantum Capital Group raised $5.25 billion for its private equity flagship, Quantum Energy Partners VIII. A source told Hart Energy that most of the firm’s capital has gone into oil and gas because it offers the best risk-adjusted returns. 

Dividends Declared the Week of Oct. 21

With third-quarter 2024 earnings underway, here is a compilation of dividends declared from select midstream and service and supply companies in the week of Oct. 21.

New Fortress Energy Appoints New President

New Fortress Energy Inc. has appointed Andrew Dete, managing director, to the role of president.

BP Energy Partners Invests in Pipeline Inspection Company Novitech

BP Energy Partners will invest in Novitech, whose Micron Technology is a leading pipeline inspection technology in the energy industry.

Matador May Tap Its Haynesville ‘Gas Bank’ if Prices Stabilize

The operator holds 8,900 net Haynesville Shale acres and 14,800 net Cotton Valley acres in northwestern Louisiana, all HBP, that it would drill if gas prices stabilize—or divest for the right price.