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Tag: firstquarter
Oil Hedges to Crimp US Shale Producers First-quarter Profit
2021-04-27 11:15:00| OGI
Dozens of U.S. oil and gas producers hedged at prices below $50/bbl, according to Enverus Andrew McConn. The firms review of 66 shale producers found roughly $7 billion in aggregate hedging losses.
Tags: oil
profit
producers
hedges
Schlumbergers First-quarter Earnings Signal Improving International Drilling Activity
2021-04-23 15:25:00| OGI
Schlumberger, which has been selling assets in North America, said it is benefiting from an inflection in global drilling activity which has picked up as oil prices climbed to $65.45.
Tags: international
activity
signal
improving
Halliburton, Baker Hughes First-quarter Earnings Beat Estimates
2021-04-21 15:55:00| OGI
U.S.-based oilfield service firms Baker Hughes and Halliburton beat Wall Street expectations for first-quarter earnings, showing signs of recovery for North American oil markets.
Tags: beat
estimates
baker
earnings
Continental Resources Says Texas Winter Storm Hit First-quarter Production
2021-04-13 14:57:18| OGI
Continental expects oil production to average about 152,000 barrels of oil per day and natural gas production to average about 935 million cubic feet per day.
Tags: resources
hit
production
winter
Upstream M&A Tally Suggests Subtle Rebound in First-quarter
2021-04-09 22:00:00| OGI
The recently announced agreement by Pioneer Natural Resources to acquire DoublePoint Energy, with multiple private equity sponsors, also adds further indications of a shift toward private upstream activity, analyst says.
Tags: suggests
subtle
upstream
tally
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