Streetwise Oil & Gas - Exploration & Production Articles
Teekay Offshore Shares Spike 30% Higher on Brookfield Merger Agreement
Source: Streetwise Reports (10/1/19)
Teekay Offshore Partners shares are trading more than 30% higher today on news that Brookfield Business Partners will be purchasing all un-owned common units of the firm for $1.55 per share.
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Oil & Gas Explorer Closes Asset Sale, Receives First Milestone Payment
Source: Streetwise Reports (9/30/19)
The transaction yielded for the company $30 million in cash, a production royalty and event-specific revenue.
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Production Test Successful at Well in Argentina's Vaca Muerta
Source: Streetwise Reports (9/30/19)
The result reportedly shows the potential of the formation within a specific block.
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Canadian Energy Company Makes 'New Oil Discovery in Thailand'
Source: Streetwise Reports (9/27/19)
The drill results and next steps are reviewed in a Mackie Research Capital Corp. report.
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Micro-Cap Oil & Gas Producer to Sell Kazakhstan Assets For CA$32.7 Million
Source: Streetwise Reports (9/25/19)
Total proceeds equal about CA$0.74 per outstanding common share of the company.
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Energy Company 'Still Surfing on the Guyana Wave' with New Oil Discovery
Source: Streetwise Reports (9/21/19)
A Pareto Securities report addresses how the various joint venture wells of the firm derisk potential upside to its share price.
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Another Exploration Well in Thailand Hits Net Oil Pay
Source: Streetwise Reports (9/19/19)
Two joint venture projects, this one and another in Indonesia, continue moving forward.
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Analyst Raises Q3/19 Production Estimates for Texas-Based Oil & Gas Company
Source: Streetwise Reports (9/6/19)
The revisions and the reasons for them are discussed in a ROTH Capital Partners report.
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Energy Firm Reacts to Oil Price Weakening with 2019 Budget Decrease
Source: Streetwise Reports (8/31/19)
The company's revised estimates, the reasons for and repercussions of them are addressed in a CIBC report.
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Texas Oil & Gas Firm Reports Positive Mid-Q3/19 Operations Update
Source: Streetwise Reports (8/27/19)
Accomplishments and revised estimates are reviewed in a ROTH Capital Partners report.
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PDC Energy's $1.7 Billion Acquisition of SRC Energy Sends Both Shares Higher
Source: Streetwise Reports (8/26/19)
This morning PDC Energy announced that it will acquire SRC Energy in an all-stock deal valued at $1.7 billion. Shares of both companies are trading higher today on the merger news.
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Oil & Gas Firm Reports Strong Q2/19 Financial Results
Source: Streetwise Reports (8/21/19)
Increased production in Thailand drove the quarter-over-quarter revenue boost.
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Analyst: Discovery of First Oil Is 'Company Making Event'
Source: Streetwise Reports (8/16/19)
This event, its implications and near-term catalysts are discussed in a Pareto Securities report.
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Analyst: Market Undervalues Oil & Gas Firm with Canadian Assets
Source: Streetwise Reports (8/15/19)
A Mackie Research Capital Corp. report provided the reasons why the cheap price of this company's stock is unwarranted.
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Oil Sales from JV Thailand Concession Again Set Record In July
Source: Streetwise Reports (8/14/19)
One of the partners provided an update on that project and another one in Indonesia.
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Texas Oil & Gas Company's Production Up, Costs Down in Q2/19
Source: Streetwise Reports (8/6/19)
A review of the firm's quarterly operational and financial results is given in a Raymond James report.
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WPX Energy Raises Full-Year Oil Guidance by 4% and Initiates $400M Stock Repurchase Plan
Source: Streetwise Reports (8/6/19)
Shares of WPX Energy are trading higher after it released second quarter earnings and raised full-year oil guidance by 4%. The firm also announced it is initiating a 24-month, $400 million share repurchase program.
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Oil & Gas Firm's Q2/19 Results Drive Lower Target Price, Same Rating
Source: Streetwise Reports (7/31/19)
The rationale and an explanation of the downgrade are discussed in a CIBC report.
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Technical Analyst: The Outlook for Oil Is Bleak
Source: Clive Maund for Streetwise Reports (7/29/19)
Technical analyst Clive Maund explains why he is bearish on oil and what could alter that outlook.
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Oil & Gas Explorer Meets 'Capital Discipline Goals' Despite NGL Price Weakness
Source: Streetwise Reports (7/23/19)
A Raymond James report looks at 2019, 2020 spending and production expectations for and by this company.
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Texas Oil & Gas Firm Makes Last Payment for Orogrande Leases
Source: Streetwise Reports (7/22/19)
This satisfies all of the company's obligations under the purchase agreement.
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Monthly Oil Sales from Thailand Project a Record Again for Energy Firm
Source: Streetwise Reports (7/10/19)
The company also is on the cusp of spudding an exploration well in Indonesia.
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McDermott Awarded Single Largest EPCI Offshore Contract for Saudi Aramco
Source: Streetwise Reports (7/10/19)
McDermott International has been awarded a US$3 billion contract for Saudi Aramco. The company will partner with China Offshore Oil Engineering Company to increase production by 300,000 barrels per day.
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Company Named 'Top Small-Cap Growth Story'
Source: Streetwise Reports (7/6/19)
The reasons for the positive outlook are given in a Raymond James report.
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'High Growth Production Ahead' for International Oil & Gas Company
Source: Streetwise Reports (7/5/19)
The reasons for the positive outlook are presented in a Pareto Securities report.
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