Ovintiv to acquire certain Montney assets from Paramount for $2.38B
Ovintiv (OVV) announced it has entered into a definitive purchase agreement to acquire certain Montney assets from Paramount Resources, in an ...
Ovintiv to buy oil-rich assets in Canada's Montney shale for $2.38 billion
By Vallari Srivastava and David French (Reuters) -Shale producer Ovintiv said on Thursday it was acquiring oil assets from ...
Ovintiv Shakes Up Portfolio With $2.38 Billion Montney Acquisition And $2 Billion Uinta Basin Sale, Pauses Buyback
Ovintiv to buy Montney assets from Paramount Resources for $2.377B, sell Uinta Basin assets for $2.0B, boosting 2025 free ...
Plugged wells and reduced injection lower induced earthquake rates in Oklahoma, study finds
Wastewater injection resulting from oil and gas production in Oklahoma caused a dramatic rise in seismic activity in the ...
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Coterra Energy announces $3.95bn acquisitions in Permian Basin
The acquired assets are expected to produce an estimated 60–70 million barrels of oil equivalent ... enhancing Coterra's ...
Energy sector takes confidence from Trump
The energy sector will take confidence in Trump's support for new permitting authorities. But unless the market conditions ...
Occidental Petroleum Corporation (NYSE:OXY) Q3 2024 Earnings Call Transcript
Q3 2024 Earnings Call Transcript November 13, 2024 Operator: Good afternoon, and welcome to Occidental’s Third Quarter 2024 ...
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Houston Based Coterra Announces Accretive Permian Deals for Near $4B
In a statement posted on its website on Wednesday, Houston headquartered Coterra Energy Inc. (NYSE: CTRA) announced ...
Occidental Petroleum's Wheeling and Dealing Is Helping Fuel Strong Results
Occidental Petroleum used its gushing free cash flow to strengthen its balance sheet and repaid a total of $4 billion in debt ...
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EIA: US associated natural gas production increased nearly 8% in 2023
Record US crude oil production in 2023 generated large volumes of associated natural gas. The Permian Basin in West Texas and ...
Coca-Cola Is a Passive Income Powerhouse, but So Is This Cash-Gushing Oil Stock That Plans to Pay Over $11 Billion in Dividends by the End of the Year
Chevron is projected to pay around $11.8 billion in dividends in 2024, which is even more than well-known passive income ...
Permian Productivity to Offset Declines in Forecast Commodity Prices
While these arrangements left Oxy with a heavy debt burden prior to the pandemic, drastic measures helped management steady the ship, and the firm took full advantage of the subsequent rebound in ...