Press Releases

Fourth quarter revenue of $1,362 million increased 4% sequentially and 13% year-over-year; full year revenue of $5,135 million, increased 19% from prior year, driven by international revenue growth of 26% Fourth quarter operating income of $216 million decreased 1% sequentially and increased 28% year-over-year; full year operating income of $820 million, increased 99% from prior …

Weatherford Announces Fourth Quarter and Full Year 2023 Results Read More »

Fourth-quarter revenue of $943.6 million decreased 4% year-over-year, flat sequentially Fourth-quarter net income attributable to ChampionX of $77.2 million increased 14% year-over-year, and decreased 1% sequentially Fourth-quarter adjusted EBITDA of $198.1 million increased 10% year-over-year, flat sequentially Fourth-quarter cash from operating activities of $169.0 million and free cash flow of $139.8 million  Full-year net income attributable to ChampionX of $314.2 million increased 103% year-over-year Full-year adjusted EBITDA of $771.2 million …

ChampionX Reports Fourth Quarter and Full Year 2023 Results, Increases Share Repurchase Authorization to $1.5 Billion and Raises Quarterly Dividend by 12% Read More »

TULSA, OK, Feb. 05, 2024 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today announced the second acquisition of additional working interests in producing assets associated with the recent asset acquisition from Henry Energy LP, Moriah Henry Partners LLC and Henry Resources LLC (collectively “Henry”) for total consideration of approximately …

Vital Energy Closes Second Transaction to Acquire Additional Working Interests Related to Recent Permian Basin Acquisition Read More »

Midland, Texas, Feb. 01, 2024 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (NYSE: NGS), a leading provider of gas compression equipment, technology, and services to the energy industry, announced today the appointment of Justin Jacobs as Chief Executive Officer of NGS, effective February 12, 2024. The appointment concludes an extensive and thorough search process undertaken …

Natural Gas Services Group, Inc. Announces Justin Jacobs as Chief Executive Officer Read More »

FREMONT, Calif., Jan. 29, 2024 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced that it has started shipping its new IQ8™ Microinverters, IQ8HC™ and IQ8X™. With peak output AC power of 384W, IQ8HC and IQ8X Microinverters are designed …

Enphase Energy Launches New IQ8 Microinverters for High-Powered Solar Modules in North America Read More »

Houston, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) — Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced certain financial and operating updates. Key Highlights Acid gas injection (“AGI”) well is projected to be injecting by end of the first quarter 2024 Recent two well pad was drilled and completed under budget and the …

Battalion Oil Corporation Announces Operations and Financial Update Read More »

  ~ Record Q4 2023 Sales Volumes Near High End of Guidance ~ ~ Further Reduced Debt in Addition to Making Final Payment for the Founders Acquisition ~ THE WOODLANDS, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) — Ring Energy, Inc. (NYSE American: REI) (“Ring” or the “Company”) today provided an operational and financial update for …

Ring Energy Announces Production Results and Continued Debt Reduction for Fourth Quarter 2023 and Partial Guidance for the First Quarter 2024 Read More »

Katy, Texas, Jan. 29, 2024 (GLOBE NEWSWIRE) — CW Petroleum Corp (CWPE) (the “Company”), a leading provider of Specialty Renewable and Hydrocarbon Motor Fuels, today announced unaudited financial results for the fourth quarter ended December 31, 2023, Year-End 2023. Key Financial Highlights for Three Months Ended December 31, 2023, Compared to Prior Year Period: 2023 …

CW Petroleum Corp (CWPE) Reports Revenues for Q4-2023, Year-End Read More »