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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 .....»»
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........»»
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.....»»
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......»»
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......»»
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.....»»
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.....»»
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.....»»
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.....»»
Harold Hamm"s Continental Resources shutting production in key oil field
Continental Resources has reportedly stopped most production in the Bakken shale field......»»
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......»»
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.....»»
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......»»
U.S. oil futures settle lower on demand worries; EIA forecasts a drop in shale output
U.S. benchmark oil futures settl.....»»
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......»»
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.....»»
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.....»»
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.....»»
Only 4 Shale Drillers Are Still Profitable At $31 Oil
Only 4 Shale Drillers.....»»
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......»»