Baytex Energy Corp.’s board of directors has declared a quarterly cash dividend amounting to CA$0.0225 per share, payable on Oct. 2.
Marathon Oil’s $0.10 per share quarterly dividend is payable to stockholders on Sept. 11.
Next-generation fleets are poised to take center stage.
Oil and gas production is slated to fall in regions across the nation in August, including the Permian Basin, according to new EIA figures.
The U.S. and Canada were the biggest drivers of non-OPEC+ supply with the Permian Basin, Eagle Ford Shale and the Bakken drove U.S. NGL production to a record high in April, the IEA said.
U.S. natural gas prices are expected to get a lift later this year while WTI crude prices stay relatively flat, according to the latest outlook by the U.S. Energy Information Administration.
Crescent Energy’s $600 million deal adds 75,000 net acres primarily located in Dimmit and Webb counties, Texas.
Callon Petroleum is shoring up its Permian position with its simultaneous acquisition of Delaware Basin assets from Percussion Petroleum and divesture of its Eagle Ford assets from Ridgemar Energy.
The oil and gas rig count fell for the eighth week in a row to 682.
Baytex Energy closed its $2.2 billion acquisition of Ranger Oil Corp., adding scale to the Canadian operator’s position in the Eagle Ford Shale.