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Another energy company with Permian Basin production intends to scale back

Parsley Energy Inc., an exploration and production company active in the Permian Basin of West Texas and Southeastern New Mexico, is scaling back operations as oil and gas stocks continue to take a beating on Wall Street. Based in Austin, Parsley Energ.....»»

Category: topSource: bizjournalsMar 11th, 2020

U.S. OKs Kinder Morgan request to start Texas Lockridge natgas pipe work

The U.S. Federal Energy Regulatory Commission (FERC) on Wednesday approved Kinder Morgan Inc's Dec. 13 request to start construction of its proposed Lockridge natural gas pipeline in the Permian basin in West Texas......»»

Category: topSource: reutersJan 22nd, 2020

$2.5 Billion Deal in Permian Basin Oil Patch Shows Surprising Strength

Oil and gas producer WPX Energy on Monday announced a deal to acquire privately held Felix Energy for $2.5 billion in cash and stock. Investors like the deal......»»

Category: blogSource: 247wallstDec 16th, 2019

WPX Energy expands in Delaware basin with $2.5 billion Felix deal

WPX Energy Inc said on Monday it would buy privately held Felix Energy in a $2.5 billion deal, as the Permian basin operator looks to add oil-rich acreage in the Delaware region of the prolific shale field, sending its shares up more than 9%......»»

Category: topSource: reutersDec 16th, 2019

WPX Energy to buy Delaware basin operator Felix in $2.5 billion deal

U.S. oil and gas producer WPX Energy Inc said on Monday it would buy privately held Felix Energy in a $2.5 billion deal, adding acreage in the Delaware Basin, which is part of the prolific Permian......»»

Category: topSource: reutersDec 16th, 2019

Join us Nov. 14 to find out what"s next in New Mexico"s Permian Basin

Energy production in New Mexico's Permian Basin has set records recently, and that's impacting everything from the state budget to our highway system. But history has brought many an upsurge and downturn to southeastern New Mexico's oil patch, and so.....»»

Category: topSource: bizjournalsOct 16th, 2019

Beyond Stevens, A Report Lays Out Tough Times For Drivers Operating In Permian Basin

As the tanker division of Stevens Transport announced its closing this week, an analysis of the situation on the ground in the Permian Basin for trucks suggested things could get a lot worse.  read more.....»»

Category: blogSource: benzingaOct 9th, 2019

Texas energy data wrap: Permian gas looks forward to new pipeline

The end of summer and impending colder months might mean that the price of gasoline produced along the coast will be trending downward, but natural gas prices in the Permian Basin have been getting a boost from the promise of more capacity in pipeline.....»»

Category: topSource: bizjournalsSep 9th, 2019

Bill Nygren Drills Into Permian Basin Oil

Guru establishes 3 new positions in 2nd quarterCheck out Bill Nygren Stock Picks » Download GuruFolio Report of Bill Nygren (Updated on 08/21/2019)Related Stocks: FANG, CXO, EOG, OXY, STZ, REGN, CHK, COF,.....»»

Category: worldSource: nytAug 22nd, 2019

Texas shale pioneers struggle to appease investors

Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas......»»

Category: topSource: reutersJul 30th, 2019

Texas shale pioneers struggle to appease investors, compete with majors

Seven years ago, Diamondback Energy Inc went public with a modest parcel of drillable land in the Permian Basin of West Texas......»»

Category: topSource: reutersJul 30th, 2019

Basic Energy announces record setting lateral completion in Permian Basin

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallJul 18th, 2019

Callon Petroleum’s takeover of Carrizo Oil & Gas reignites the energy M&A market

The latest Permian Basin play is a ‘merger of equals’ between Callon Petroleum and Carrizo Oil & Gas, the first after Chevron Corp. lost out in the battle for Anadarko Petroleum Corp......»»

Category: topSource: marketwatchJul 15th, 2019

Texas-based energy co. cuts 230 jobs at HQ, in Permian Basin

Pioneer Natural Resources Co. (NYSE: PXD) announced May 21 that it has cut 230 jobs at its Irving, Texas, headquarters and in Permian Basin offices this week. The company also cut another 300 workers in April, Reuters reported, noting that the redu.....»»

Category: topSource: bizjournalsMay 22nd, 2019

Lilis Energy Reports First Quarter 2019 Operating and Financial Results and Provides Second Quarter Guidance

HOUSTON, May 09, 2019 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE:LLEX), an exploration and development company operating in the Permian Basin of West Texas and southeastern New Mexico, today reported financial and operating results.....»»

Category: earningsSource: benzingaMay 9th, 2019

Why Chevron Could Be Eyeing These 4 Companies After Losing Anadarko Bid

For investors looking for quality energy stocks with Permian and Denver-Julesburg Basin exposure, these stocks are among the best individual ideas, regardless of whether Chevron is interested in them......»»

Category: blogSource: 247wallstMay 8th, 2019

Chevron buying Anadarko for $33B as crude prices rise

Chevron is buying Anadarko Petroleum in a $33 billion cash-and-stock deal as the company seeks to grow stronger in deep water exploration in the gulf and the energy-rich southwest region of Texas called the Permian Basin......»»

Category: topSource: foxnewsApr 12th, 2019

SM Energy, Carrizo May Combine to Fortify Permian Operations

The intention for merger with SM Energy (SM) reflects Carrizo's (CRZO) focus to realize cost synergy amid intense competition in the prolific Permian basin. Want the latest recommendati.....»»

Category: smallbizSource: nytMar 21st, 2019

EIA forecasts U.S. shale oil output to climb by 85,000 barrels a day in April

Crude-oil production from seven major U.S. shale plays is forecast to climb by 85,000 barrels a day in April to 8.592 million barrels a day, according to a report from the Energy Information Administration released Monday. Oil output from the Permian Basi.....»»

Category: topSource: marketwatchMar 18th, 2019

Lilis Energy Announces 2018 Fourth Quarter and Full-Year Results and Provides 2019 Outlook and Guidance

HOUSTON, March 07, 2019 (GLOBE NEWSWIRE) -- Lilis Energy, Inc. (NYSE:LLEX), an exploration and development company operating in the Permian Basin of West Texas and Southeastern New Mexico, today announced its 2018 fourth-quarter and full-year re.....»»

Category: earningsSource: benzingaMar 7th, 2019