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Superior Energy Services Becomes Latest Casualty Of Fracking Market Downturn

2019-12-16 20:16:05| OGI

Oilfield service companies have been hard hit this year by weak oil and gas prices and spending cuts by producers shifting to focus on shareholder returns via cost-savings over production growth.

Tags: services latest market energy

 

WPX Makes $2.5 Billion Acquisition Of Felix Energy Official

2019-12-16 14:25:02| OGI

WPX plans to implement a dividend in conjunction with the Felix acquisition, targeting about $0.10 per share on an annualized basis at initiation.

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Forty Under 40: Stephanie Reed, Parsley Energy

2019-12-16 11:30:00| OGI

Todays featured Forty Under 40 honoree is Stephanie Reed, Parsley Energys VP of land who oversaw the execution of more than two dozen trades across the core of the Midland Basin.

Tags: energy reed forty stephanie

 

Chesapeake Energy Receives Continued Listing Notice

2019-12-16 11:25:00| OGI

Chesapeake Energy has struggled after news of a going-concern warning drove the companys already battered stock price to plummet last month.

Tags: notice listing energy continued

 

WPX Reportedly In Talks To Buy Felix Energy Assets For $2.5 Billion

2019-12-15 22:35:16| OGI

WPX Energy Inc. is in talks to buy the oil and gas assets of closely held Felix Energy for about $2.5 billion, Bloomberg reported.

Tags: buy energy assets billion

 

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