Browsing Tag
Bakken
6 posts
Chevron (CVX) profit surges to $9.9bn as refining boom offsets lower oil production
Chevron's third-quarter results show an exceptional improvement in downstream profitability and cash generation, even as oil and gas production declined from the previous year.
Dorchester Minerals is adding 4,300 royalty acres. Will the deal boost distributions?
Dorchester Minerals is expanding its Williston Basin portfolio through a unit-funded acquisition, adding mineral and royalty interests without a conventional cash purchase while creating new questions about future cash distributions and per-unit returns.
Saturn Oil & Gas nearly doubles 2026 capex as acquisitions lift production target and debt
Saturn Oil & Gas has expanded its drilling programme after acquisitions and stronger well performance. Production and cash-flow guidance have risen, but so have capital spending and absolute debt.
ConocoPhillips Q1 2026 results: COP beats consensus on EPS but trims production guidance as Qatar war exposure forces an outlook reset
ConocoPhillips beat Q1 estimates, then pulled Qatar from guidance. The Iran war just moved from sentiment to balance sheet for COP shareholders.
Chevron closes Hess Corporation acquisition to create oil & gas powerhouse
Chevron completes acquisition of Hess Corporation, gaining key assets in Guyana and Bakken; deal expected to boost free cash flow and shareholder returns.
ConocoPhillips reports $2.3bn Q4 2024 profit as Marathon Oil acquisition reshapes growth strategy
ConocoPhillips has announced its fourth-quarter and full-year 2024 financial results, showcasing a strategic shift driven by the recent…