Devon Energy stock fell more than 10% as the company ramps up drilling in the Permian Basin and newly acquired areas in the Eagle Ford and Williston Basin
The Spool Tech acquisition follows Liberty Lift’s asset acquisition in April 2022 of Elite Lift Solutions LLC and Powder River Hydraulics LLC.
Here’s a snapshot of recent energy deals including SLB’s acquisition of Houston-based Gyrodata and NextEra Energy’s $1.1 billion renewable natural gas expansion.
Here’s a quicklist of oil and gas assets on the market including a Tap Rock Resources operated Permian Basin package in Reeves County in West Texas.
Devon Energy and Chesapeake Energy joined other U.S. oil giants in reporting higher-than-anticipated quarterly profits for third-quarter 2022.
Kelly Loyd has served on Evolution Petroleum's board of directors for 13 years as the chair of the investment committee.
Hess reported strong production and financial results for the third quarter and expects capex to come in at $2.7 billion for the year with net production expected to average nearly 325,000 boe/d.
David Harris, executive vice president and chief corporate development officer at Devon Energy, spoke with Hart Energy at the A&D Strategies and Opportunities Conference 2022 in Dallas about what it takes to keep shareholders happy while embracing a strategic growth model.
Devon Energy focuses on a business model that bakes shareholder returns into its base formula, enabling growth and investor prosperity during tough times, Corporate Development Officer David Harris told Hart Energy A&D conference attendees.
Here’s a snapshot of recent energy deals including NOG’s $330 million Permian Basin acquisition in Midland County, Texas, plus the closing of the $1.96 billion buyout of Shell Midstream.