Press Releases

Accomplished 2023 Debt Reduction Goal of $500 Million, Repurchased $150 Million of Shares in Accordance With Capital Allocation Framework, Increased Dividend 9 Percent Annualized in 2024, Achieved 139 Percent Total Reserve Replacement Ratio With Preliminary Proved Reserves of 724 MMBOE HOUSTON–(BUSINESS WIRE)–Murphy Oil Corporation (NYSE: MUR) today announced its financial and operating results for the fourth …

Murphy Oil Corporation announces fourth quarter and full year 2023 results, preliminary year-end 2023 reserves, 2024 capital expenditure and production guidance Read More »

Fourth-quarter highlights IET orders of $3,030 million, the fifth consecutive quarter above $3 billion. Net income attributable to the Company of $439 million, up $257 million year-over-year. GAAP diluted EPS of $0.43 and adjusted diluted EPS* of $0.51. Adjusted EBITDA* of $1,091 million, above $1 billion for the first time in company history. Cash flows …

Baker Hughes Announces Fourth-Quarter and Full-Year 2023 Results Read More »

(GLOBE NEWSWIRE) — Devon Energy Corp. (NYSE: DVN) today announced that Jeremy Humphers, Senior Vice President and Chief Accounting Officer, is retiring from the company. Mr. Humphers will step down from his current role effective March 8, 2024. John Sherrer will succeed Mr. Humphers as Vice President, Accounting & Controller and will be designated as …

Devon Energy Announces Chief Accounting Officer Retirement and Officer Appointment Read More »

DALLAS, Jan. 18, 2024 (GLOBE NEWSWIRE) — Berry Corporation (NASDAQ: BRY) (“Berry”, or the “Company”) today announced select preliminary full year 2023 production and year-end proved reserves data. The Company also reported that it completed a small scale, all cash bolt-on acquisition at year-end 2023 in line with corporate strategy, while reducing revolver debt in …

Berry Corporation Releases Select Preliminary 2023 Results and Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call for March 6 Read More »

HOUSTON — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) (“VAALCO” or the “Company”) today provided an operational and financial update with production and sales volumes for the fourth quarter and full year of 2023 as well as its increased cash and cash equivalents balance as of December 31, 2023. Highlights and Key Items: Continued solid …

VAALCO Energy, Inc. Provides Operational and Financial Update Including Production and Sales Volumes for Fourth Quarter 2024 Read More »

OKLAHOMA CITY and SPRING, Texas, Jan. 11, 2024 /PRNewswire/ — Chesapeake Energy Corporation (NASDAQ: CHK) and Southwestern Energy Company (NYSE: SWN) today announced that they have entered into an agreement to merge in an all-stock transaction valued at $7.4 billion, or $6.69 per share, based on Chesapeake’s closing price on January 10, 2024. Under the …

Chesapeake Energy Corporation and Southwestern Energy to Combine to Accelerate America’s Energy Reach Read More »