Streetwise Oil & Gas Articles
Oil & Gas Company Granted Drilling and Development Relief for West Texas Project
Source: Streetwise Reports (4/11/20)
Torchlight Energy Resources reported that it received drilling and development obligations relief on its Orogrande Basin project.
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Tankers Are the Big Winners of the 2020 Oil Crash
Source: McAlinden Research for Streetwise Reports (4/8/20)
With onshore storage becoming increasingly scarce, the volume of oil being stored on ships will continue to rise, delivering a once-in-a-generation opportunity for oil tankers, according to McAlinden Partners.
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Texas Oil & Gas Firm Halts Operations on Governor's COVID-19 Order
Source: Streetwise Reports (4/7/20)
Once it gets the green light, Torchlight Energy Resources intends to resume work on its two key projects.
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Energy Producer Restructures Crude Oil Contracts and Cuts Q2 CapEx to Hedge Downside Risk
Source: Streetwise Reports (4/7/20)
North American oil and natural gas producer Ovintiv has restructured its crude oil derivatives in order to provide additional downside protection. In addition, the company is reducing its Q2/20 investments by $500 Million.
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Oil Price and WPX Energy Shares Rebound as President Trump Tweets He Expects Russia and Saudi Arabia to Reach Deal
Source: Streetwise Reports (4/2/20)
Shares of WPX Energy traded 25% higher after President Trump tweeted that he expected a deal between Russia and Saudi Arabia to scale back oil production.
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2020 Outlook Favorable for Texas Oil & Gas Company
Source: Streetwise Reports (3/31/20)
The elements of Goodrich Petroleum that make it a Buy are presented in a ROTH Capital Partners report.
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Facing Low Oil Prices, Energy Firm Reduces 2020 Capex, Guidance
Source: Streetwise Reports (3/26/20)
The latest moves of Frontera Energy in response to depressed oil prices and its ability to endure the downturn are addressed in a CIBC report.
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Total SA Institutes Action Plan for $30/Barrel Oil
Source: Streetwise Reports (3/23/20)
Shares of Total SA traded 14% higher today after the firm reported that has implemented a company-wide action plan to address the sharp decrease in oil prices.
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Methanol Pure Play 'Attractive,' Share Price 'Too Punitive'
Source: Streetwise Reports (3/19/20)
The leverage Methanex Corp. could use to still pay its dividend in a low price environment is discussed in a BMO Capital Markets report.
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Oil & Gas Firm Saw Strong Oil Production, Reserves Growth in 2019
Source: Streetwise Reports (3/13/20)
Pan Orient Energy recaps its operational and financial results from last year.
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Oil & Gas Firm Responds to Oil Price Drop
Source: Streetwise Reports (3/11/20)
Occidental Petroleum's two recent moves are reviewed and commented on in a Raymond James report.
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$7.5 Million Debt Conversion Clears Path for Major Upside
Source: Peter Krauth for Streetwise Reports (3/10/20)
Hot on the heels of Torchlight Energy Resources discovering a new oil field in Texas, debt holders have elected to convert to Working Interest.
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Acquisition Projected to Grow Annual Revenue 590%, from $8 Million to a Whopping $60 Million
Source: Peter Krauth for Streetwise Reports (3/3/20)
With a key acquisition underway, SMG Industries' revenues are set to jump exponentially.
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Texas Energy Company's 2020 Exit Rate 'Surprises to the Upside'
Source: Streetwise Reports (3/1/20)
Matador Resources' Q4/19 performance and its 2020 guidance are reviewed in a Raymond James report.
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Firm's Latest Drilled Well Encounters Net Oil Pay
Source: Streetwise Reports (2/28/20)
Testing is to start on this Pan Orient Energy well in Thailand once approval is received.
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Energy Firm to Farm Out Offshore South Africa Asset Interest
Source: Streetwise Reports (2/26/20)
In doing so, Africa Energy will reduce its ownership from 90% to 27.5%.
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Oil & Gas Explorer Proves Up Exciting Measured Oil and Gas Production from Orogrande Basin Project
Source: Peter Krauth for Streetwise Reports (2/25/20)
Torchlight Energy Resources not only has discovered a new oil field in Texas, but has also effectively produced hydrocarbons from it.
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Target Price Raised on Colorado Power Technology Firm
Source: Streetwise Reports (2/24/20)
The effects of Advanced Energy Industries' recent acquisition and other factors are explained in a Raymond James report.
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Drilling of Orogrande Basin Well Delineates Multiple Targets
Source: Streetwise Reports (2/20/20)
Oil & gas exploration and development firm Torchlight Energy Resources also confirms the presence of two formations on its acreage there.
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Baltic Dry, Copper, Oil, Tech and China Continue to Call for Market Crash Soon
Source: Clive Maund for Streetwise Reports (2/18/20)
Technical analyst Clive Maund takes a hard look at various charts and sees an impending breakdown of commodity and tech markets.
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Company Achieves Solid January Oil Sales
Source: Streetwise Reports (2/15/20)
The oil sold came from Pan Orient Energy's Thailand operations, on which it provides an update.
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Exterran Shares Jump 20% Higher on Q4 Business Update
Source: Streetwise Reports (2/13/20)
Shares of Exterran Corp. traded 20% higher after the company issued preliminary business operating results for the fourth quarter ended December 31, 2019.
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Oil & Gas Midstream MLP Offers 'Multiyear Financial Performance/Flexibility'
Source: Streetwise Reports (2/7/20)
A recap of Q4/19 and the outlook for 2020-2021 are provided in a Raymond James report.
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Samples from Well in Orogrande Basin Show Light Crude
Source: Streetwise Reports (2/5/20)
The owner of the Texas asset continues work to prove the potential there for commercial oil and gas production.
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Firm Sets Record in 2019 for Oil Sales from Thailand
Source: Streetwise Reports (2/4/20)
The company also reports increases of its crude oil reserves at the project.
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