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Oil & Gas News
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1.9KNewfield Q2 Earnings Highlights
THE WOODLANDS, Texas, — Newfield Exploration Company (NYSE: NFX) announced last week its second-quarter 2018 unaudited financial and operating results. Additional details can be...
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Chesapeake Energy posts $40 million second-quarter loss
Chesapeake Energy Corp posted a quarterly loss on Wednesday, hurt by a drop in natural gas prices and higher expenses, sending its...
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Devon Reports $425 Million Loss in Q2 Earnings Report
Devon Energy Corp. (DVN) on Tuesday reported a second-quarter loss of $425 million, after reporting a profit in the same period a...
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Rig Count Update: July 27, 2018
Oil Markets Oil prices fell on Friday, weighed down by a drop in the U.S. equities market, but Brent still marked a...
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Chesapeake Selling Ohio Utica Assets for $2 Billion
It was Chesapeake that discovered the Ohio Utica in 2011. At the time, the late Aubrey McClendon, CEO, famously said, “It would...
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The Oil Route that Could Be Behind the Escalating Iran threats, Explained
Anytime Iran and the United States trade threats, global oil markets snap to attention. The reason is the narrow stretch of water...
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Oil Field Service Companies Report Mixed Results
Oil-field service contractors bore the brunt of the three-year oil price downturn starting back in 2014, accounting for the bulk of an...
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Panhandle Oil & Gas Inc. acquires wells and mineral rights in Oklahoma and North Dakota
Panhandle Oil and Gas Inc. will fork over $9 million to acquire mineral rights and producing oil and gas wells in North...
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Oil companies increase natural gas output
HOUSTON (Reuters) – The world’s largest oil companies are pumping more natural gas than ever before, helping to spur a rise in...
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Rig Count Update: July 20, 2018
Houston oilfield services company Baker Hughes reported Friday its weekly rig count report. Oil Markets Oil prices are rising Monday amid an...
