Energy News Beat The 3-year 50% price explosion has caused epic demand destruction. Prices are way too high. But mortgage rates are back in the historically normal range above 6%. By Wolf Richter for WOLF STREET. The feverishly anticipated spring selling season is starting out as a dud. Sales of existing homes – single-family houses, townhouses, condos, and […]
Energy News Beat AsiaOffshore Yinson Yinson Singapore-based floater owner and operator Yinson Production has successfully structured and arranged a standby letter of credit and guarantee facility of $100m. The company added that the three-year facility, with options for extensions, expands Yinson Production’s “strategic financing toolkit to support the continuous growth” of the company. According to […]
Energy News Beat ENB Pub Note: Earlier this week, I published: “Bill looking to permanently ban oil and gas activities off California” on the Energy News Beat Substack. And it was pointing out that the energy policies in California are an absolute travesty. I have a podcast scheduled to record next week with Mike Umbro […]
Energy News Beat Data source: U.S. Energy Information Administration, Preliminary Monthly Electric Generator Inventory (February 2025) Note: Alaska and Hawaii do not have nuclear power plants. Capacity values are net summer capacity. In 2024, U.S. utilities operated 94 nuclear reactors with a total net generating capacity of nearly 97 gigawatts (GW), the largest commercial nuclear power generation fleet in […]
Energy News Beat ENB Pub Note: The following article, written by RFE/RL staff, presents interesting points about the United States’ recognition of Crimea and its shift in Ukraine policies. I have several interviews lined up to cover this coming out soon. Is the fear of losing elections enough in the EU to continue down the […]
Energy News Beat FORT WORTH, Texas, April 22, 2025 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2025 financial results. First Quarter 2025 Highlights Cash flow from operating activities of $330 million Cash flow from operations, before working capital changes, of $397 million Repurchased $68 million of shares, paid $22 million in […]
Energy News Beat PITTSBURGH, April 22, 2025 /PRNewswire/ — EQT Corporation (NYSE: EQT) today announced financial and operational results for the first quarter of 2025. First Quarter 2025 and Recent Highlights: Production: Sales volume of 571 Bcfe, at the high-end of guidance driven by strong well performance and minimal winter weather impact from integrated midstream coordination Capital Expenditures: $497 million, 19% […]
Energy News Beat DALLAS, Apr. 23 /BusinessWire/ — Matador Resources Company (NYSE:MTDR) (“Matador” or the “Company”) today reported financial and operating results for the first quarter of 2025 and announced the approval of a $400 million share repurchase program and adjustments to its drilling activity for 2025. A slide presentation summarizing the highlights of Matador’s […]
Energy News Beat PITTSBURGH, April 24, 2025 /PRNewswire/ — CNX Resources Corporation (NYSE: CNX) (“CNX” or “the company”) today released financial and operational results for the first quarter of 2025 by posting those results on its website as detailed below. The company’s first quarter prepared remarks can be accessed by clicking here. First quarter earnings results and supplemental information […]
Energy News Beat Daily Standup Top Stories How will ERCOT and Texas learn from the past on the grid? April 23, 2025 Clark Savage ENB Pub Note: This is an essential update from Doug Sheridan, a LinkedIn Author and knowledgeable leader in the energy sector. Doug is raising some significant concerns about the Texas grid and […]
