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

  ~ 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 »

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

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 »

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

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 »

NextEra Posts Fourth-Quarter Profit Beat Helped by Lower Gas Prices

(Reuters) – NextEra Energy, the largest generator of renewable energy in the United States, reported fourth-quarter profit that beat Wall Street estimates on Thursday, on strength in its regulated utilities business. The power company, which makes most of its electricity from natural gas, benefited from lower natural-gas prices , which fell about 14% in the …

NextEra Posts Fourth-Quarter Profit Beat Helped by Lower Gas Prices Read More »

Baker Hughes Announces Fourth-Quarter and Full-Year 2023 Results

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 »

Devon Energy Announces Chief Accounting Officer Retirement and Officer Appointment

(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 »

$144B of Transactions in Recording-Setting 4Q23 for Upstream M&A

ExxonMobil and Chevron lead the charge to secure future resource, but will this historic consolidation continue? CALGARY, Alberta (January 23, 2024) — Enverus Intelligence Research (EIR), a subsidiary of Enverus, the most trusted energy-dedicated SaaS company, is releasing its summary of Q4 and full-year 2023 upstream merger and acquisition (M&A) activity. Q4 recorded a massive …

$144B of Transactions in Recording-Setting 4Q23 for Upstream M&A Read More »

2024 Louisiana Energy Conference to Be Held Live and In-person May 28 – 30 at the Four Seasons Hotel in New Orleans

NEW ORLEANS, Jan. 18, 2024 (GLOBE NEWSWIRE) — The 2024 Louisiana Energy Conference will be held in-person Tuesday afternoon May 28 through Thursday, May 30, 2024 at the Four Seasons Hotel, New Orleans, located at 2 Canal Street, at the foot of Canal Street on the Mississippi River. Conference registration is now open and hotel …

2024 Louisiana Energy Conference to Be Held Live and In-person May 28 – 30 at the Four Seasons Hotel in New Orleans Read More »

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

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 »

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

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 »