Companies - News

Occidental Petroleum Third-Quarter Earnings Tops Profit Estimates

Occidental Petroleum, which has been investing heavily to boost production in the Permian Basin, said output in the basin surged about 62% to 225,000 boe/d in the third quarter.

November 5, 2018

Buckeye Partners’ Strategic Review Results In $1.4 Billion Of Divestitures

Buckeye Partners said the divestitures, comprised of its stake in  VTTI for $975 million and a $450 million asset sale, was the result of a strategic review by the Houston-based company.

November 5, 2018

I Squared Capital Joins Permian Highway Pipeline Partnership In Delaware Basin

I Squared Capital partnered with Blackstone Energy Partners and EagleClaw Midstream on Nov. 2, making it the latest company to join the Permian Highway Pipeline project in the Delaware Basin.

November 2, 2018

Former RSP Permian CEO Steve Gray Joins Range Resources Board

Steve Gray, former CEO and founder of RSP Permian, has been appointed to serve on the board of directors at Marcellus Shale-focused Range Resources.

November 2, 2018

Chevron’s Profit Doubles As US Oil Production Jumps

Third-quarter oil and gas production rose 9% over a year earlier, and the company forecast total output for the full year would be up about 7% over 2017.

November 2, 2018

Gulfport Energy Appoints Donnie Moore Interim CEO As Michael G. Moore Steps Down

Gulfport Energy said Michael G. Moore stepped down as president and CEO of the Oklahoma City-based oil and gas company and will be replaced on an interim basis by COO Donnie Moore.

November 2, 2018

Blackbird Energy, Pipestone Oil Merge To Form Montney Pure-Play

Blackbird Energy and Pipestone Oil have agreed to merge, forming Pipestone Energy which is set to have the single largest land position in the Montney shale play in Alberta, Canada.

November 2, 2018

Legacy Reserves Taps Dan Westcott As CEO Paul Horne’s Successor

Following Paul Horne’s retirement in March, Dan Westcott, currently president and CFO, will become Legacy’s next CEO. Meanwhile, COO Kyle M. Hammond will be adding the president role.

November 2, 2018

ConocoPhillips Promotes Matt Fox To COO After Al Hirshberg Retires

In conjunction with the retirement of Al Hirshberg, ConocoPhillips said it will name Matt Fox COO. In addition, the company expanded Don Wallette Jr.’s role as CFO.

November 2, 2018

Noble Energy's Profit Beats Estimates On Higher Crude Prices

U.S. oil and gas producer Noble Energy Inc. (NYSE: NBL) reported a better-than-expected quarterly profit on Nov. 1, as the company boosted oil production and sold at higher prices.

November 1, 2018

Canadian Natural’s Third-Quarter Profit Beats On Higher Prices, Output

Canadian Natural Resources Ltd.’s (NYSE: CNQ) quarterly profit more than doubled and beat analysts’ estimates on Nov. 1, helped by higher production and average realized prices.

November 1, 2018

Anadarko May Trim Colorado Work If Proposition 112 Pass

Anadarko Petroleum could shift focus to properties in the Delaware Basin if Colorado voters pass the Proposition 112 oil drilling rules, executives said during a third-quarter earnings call.

October 31, 2018