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CNX to Lower Debts, Buy Back Shares With Asset Sale Proceeds

CNX Resources' (CNX) decision to sell Utica Shale JV is likely to strengthen balance sheet and increase the value of its shareholders. CNX Resources Corporation CNX announced that it has .....»»

Category: worldSource: nytJul 2nd, 2018

Oil prices drift lower as US drillers add rigs amid OPEC concerns

Global oil markets extended declines again Monday, taking crude prices to the lowest levels since July of last........»»

Category: topSource: moneycentralDec 24th, 2018

5 Blue Chip Dividend Oil Stocks Could Be Acquired Next If Huge Oil Mergers Happen

Last fall, Exxon Mobil Corporation (NYSE: XOM) made a monumental move, announcing its acquisition of oil shale titan Pioneer Natural Resources (NYSE: PXD) for a staggering $59.5 billion in an all-s.....»»

Category: personnelSource: nytApr 21st, 2024

Why Cimarex and Cabot reached its "surprise" merger

Cabot (NYSE: COG) has long been considered one of the Marcellus Shale’s leading producers. It’s No. 5 on the Pittsburgh Business Times’ annual list of shale drillers in Pennsylvania......»»

Category: topSource: bizjournalsMay 24th, 2021

Oil, gas companies sharply slowed search for new fossil fuel resources last year, report says

op oil and gas companies sharply slowed their search for new fossil fuel resources last year, data shows, as lower energy prices due to the coronavirus crisis triggered spending cuts......»»

Category: topSource: foxnewsJan 24th, 2021

KeyBanc upgrades Continental Resources on lower leverage, higher oil

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: theflyonthewallDec 29th, 2020

Why Tritterras Is Plummeting

Shares of fintech company Triterras Inc (NASDAQ: TRIT) were trading lower by more than 30% Thursday morning after confirming it informed a statutory demand for payment was made to Antanium Resources in Singapore. read more.....»»

Category: blogSource: benzingaDec 17th, 2020

U.S. drillers expected cutting oil & gas rigs to lowest ever, Reuters says

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: theflyonthewallMay 8th, 2020

US drillers expected to slash oil & gas rigs to lowest ever

Drillers have cut an average of 55 rigs per week since mid March after crude prices started to plunge due to the coronavirus.....»»

Category: topSource: foxnewsMay 8th, 2020

Harold Hamm"s Continental Resources shutting production in key oil field

Continental Resources has reportedly stopped most production in the Bakken shale field......»»

Category: topSource: foxnewsApr 24th, 2020

U.S. oil firm Continental Resources halts shale output, seeks to cancel sales

The largest oil producer in North Dakota has halted most of its production in the U.S. state and notified some customers it would not supply crude after prices dived into negative territory this week, people familiar with the matter said......»»

Category: topSource: reutersApr 24th, 2020

US May Pay Shale Drillers Billions To Leave Oil In The Ground

US May Pay Shale Drillers Billions To Leave Oil In The Ground If one listened to the US president, or any other member of OPEC+ in the past few days, th.....»»

Category: blogSource: zerohedgeApr 15th, 2020

Oil slips as producer cuts fail to banish demand fears

Oil prices edged lower on Tuesday, with investors apparently unconvinced that record supply cuts could soon balance markets pummeled by the coronavirus pandemic, though a predicted plunge in U.S. shale output provided some support......»»

Category: topSource: reutersApr 14th, 2020

U.S. oil futures settle lower on demand worries; EIA forecasts a drop in shale output

U.S. benchmark oil futures settl.....»»

Category: topSource: marketwatchApr 13th, 2020

Bakken Oil Field Giant Continental Eliminates Dividend, Slashes Production

Continental Resources, one of the largest producers in the Bakken shale oil region, has suspended its dividend and announced a production cut of 30% for April and May......»»

Category: blogSource: 247wallstApr 7th, 2020

Resources for Puget Sound area nonprofits and arts groups

Nonprofits are among those hit hardest by the COVID-19 outbreak. They are also among those on the front lines responding and helping those who are most vulnerable. Nonprofits in need of help, consult the list below for resources. The lower sectio.....»»

Category: topSource: bizjournalsApr 2nd, 2020

Resources for Puget Sound area nonprofits and arts groups impacted by COVID-19

Nonprofits are among those hit hardest by the COVID-19 outbreak. They are also among those on the front lines responding and helping those who are most vulnerable. Nonprofits in need of help, consult the list below for resources. The lower sectio.....»»

Category: topSource: bizjournalsApr 2nd, 2020

Matador Resources to cut oil rigs operated in half, cut CEO salary by 25%

Oil and natural gas production company Matador Resources Co. said Wednesday it was cutting the rigs it operates in half to three rigs by June 30, and its executives are taking pay cuts, in response to the re.....»»

Category: topSource: marketwatchMar 11th, 2020

Only 4 Shale Drillers Are Still Profitable At $31 Oil

Only 4 Shale Drillers.....»»

Category: blogSource: zerohedgeMar 10th, 2020

Breakingviews TV: U.S. shale

Mergers could be the best way for drillers and frackers in the U.S. oil patch to combat the price war for black gold brought on by Saudi Arabia. Lauren Silva Laughlin explains how the U.S. government could play a role in industry consolidation......»»

Category: videoSource: reutersMar 10th, 2020