DUG Appalachia: Chesapeake Likes its Dual-basin Portfolio

“Distinctly different,” Chesapeake Energy’s Marcellus and Haynesville shales have nevertheless fit together as complementary pieces of the E&P gas-focused holdings.

December 1, 2023

Diversified Energy’s Case for Being ‘Right Company at Right Time’ [WATCH]

Douglas Kris, Diversified Energy senior vice president, discusses how its differentiated business model has separated it from risks associated with operations, commodity prices, financing and emissions while generating $1 billion in economic impact for stakeholders and Appalachia states.

November 30, 2023

DUG Appalachia: ‘Forgotten Child’ Ohio Sees Oil Output Soar

More than $100 billion in investments have poured into Ohio’s oil and gas sector in the past decade.

November 29, 2023

CNX Banking on Built-in Customer Base for Hydrogen [WATCH]

CNX Resources COO Navneet Behl breaks down the planning, timeline and vision the company has for providing hydrogen in Appalachia.

November 29, 2023

NOG Enters Ohio Utica Shale, Adds Permian with $174MM in M&A

Non-op specialist Northern Oil & Gas is entering the Ohio Utica Shale and expanding its position in the northern Delaware Basin with approximately $174 million in M&A.

November 21, 2023

M&A: Permian Buyers, Sellers Find ‘Goldilocks’ Zone in 2023

Permian Basin M&A has taken off in 2023 largely because buyers and sellers are in a ‘Godilocks’ zone in which prices are just right, executives at RBC Capital Markets and Jefferies said.

November 20, 2023

WhiteHawk Energy Acquisition Doubles Marcellus Shale Interests

WhiteHawk’s Marcellus acquisition, which effectively doubles its interests in Pennsylvania, follows a deal earlier this year to purchase Haynesville Shale assets.

November 15, 2023

Range Resources All About ‘Efficiency’ in Third Quarter

Stressing its efficient use of resources, Range Resources management cited statistics from FactSet showing that in 2023 the company’s capex averaged $0.76 per Mcfe.

October 26, 2023

CNX Hits FCF ‘Trough,’ Leans into New Technologies for 2024

After posting $19 million in free cash flow in the third quarter, Pittsburgh-based CNX Resources said it expects its New Technologies group to generate between $75 million and $100 million in free cash flow next year.

October 26, 2023

Equitrans Pushes MVP Finish to First Quarter of 2024

Equitrans Midstream’s expected cost of the Mountain Valley Pipeline has increased to $7.2 billion.

October 19, 2023