Energy News Beat Floating LNG player Golar LNG is working to sign definitive agreements for an up to 20-year FLNG deployment. In February, the LNG firm led by Tor Olav Trøim said in its 2023 results report that it had signed a framework agreement with a “potential customer” for a long-term opportunity that could utilize […]
Energy News Beat Energy trader Vitol has extended its existing liquefied natural gas (LNG) supply deal with Korea Middle Power (Komipo). The original SPA was signed in 2011. Deliveries started in 2015, with Vitol supplying Komipo with over 4 million tons of LNG over 10 years. Under this extension agreement, Vitol will continue to supply […]
Energy News Beat DALLAS, May 07 /BusinessWire/ — Kosmos Energy Ltd. (“Kosmos” or the “Company”) (NYSE/LSE: KOS) announced today its financial and operating results for the first quarter of 2024. For the quarter, the Company generated a net income of $92 million, or $0.19 per diluted share. When adjusted for certain items that impact the […]
Energy News Beat HOUSTON, May 07 /BusinessWire/ — Magnolia Oil & Gas Corporation (“Magnolia,” “we,” “our,” or the “Company”) (NYSE:MGY) today announced its financial and operational results for the first quarter of 2024. First Quarter 2024 Highlights: (In millions, except per share data) For the Quarter Ended March 31, 2024 For the Quarter Ended March […]
Energy News Beat Two European energy giants, TotalEnergies of France and Shell of Britain, are considering moving their stock listings to New York, as pressure mounts for them to improve their valuations, which lag their American counterparts. Shifting their listings to the United States would be a blow to European exchanges, where they are among […]
Energy News Beat MIDLAND, Texas, May 07 /BusinessWire/ — Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE:PR) today announced its first quarter 2024 financial and operational results and revised 2024 guidance. Recent Financial and Operational Highlights Delivered Permian Resources’ best quarter to-date: Production outperformance due to accelerated Earthstone efficiencies and continued strong well results […]
Energy News Beat OKLAHOMA CITY, Okla., May 7, 2024 /PRNewswire/ — SandRidge Energy, Inc. (the “Company” or “SandRidge”) (NYSE: SD) today announced financial and operational results for the three-month period ended March 31, 2024. Recent Highlights On May 2, 2024, the Board of Directors declared a $0.11 per share cash dividend payable on May 31, 2024 to shareholders of record on May 17, 2024. […]
Energy News Beat LONG BEACH, Calif., May 07 /BusinessWire/ — California Resources Corporation (NYSE:CRC) today reported financial and operating results for the first quarter 2024. The Company plans to host a conference call and webcast on Wednesday, May 8th at 1:00 p.m. Eastern Time (10:00 a.m. Pacific Time). Participation details can be found within this release. […]
Energy News Beat HOUSTON, May 7, 2024 /PRNewswire/ — Chord Energy Corporation (NASDAQ: CHRD) (“Chord”, “Chord Energy” or the “Company”) today reported financial and operating results for the first quarter 2024. 1Q24 Operational and Financial Highlights: Oil volumes of 99.0 MBopd exceeded the high-end of guidance; Lease Operating Expense of $10.39/BOE was below the low-end of guidance; Total volumes of […]
Energy News Beat NEW YORK, May 7 (Reuters) – Oil prices closed slightly lower on Tuesday on signs of easing supply concerns, while market participants shifted their focus to U.S. stockpiles data due later today and Wednesday. Brent crude futures settled 17 cents lower at $83.16 a barrel, and U.S. West Texas Intermediate crude futures […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
