Quarter

Halliburton Co. will open third quarter earnings season for the energy sector early Wednesday, a period which has seen the U.S. onshore buoyed by more natural gas drilling, as well as a plethora of deals within the Permian Basin.

After a slow first half, Gulfport Energy Corp. beat the high-end of its third quarter guidance, producing 734.1 MMcfe/d or 10% more than it did in 2Q2016.

The commodities downturn showed itself on Thursday when second quarter unconventional production data released by the Ohio Department of Natural Resources (ODNR) showed that sequential natural gas production in the state was essentially flat and oil production dropped for the second consecutive quarter.

Permian pure-play Callon Petroleum Co. is planning for growth as it looks ahead to 2017.

Ultra Petroleum Corp. is trying to make the most of its assets and the unsecured status of its lenders to push its way through bankruptcy and make it to $3 natural gas. If it does, there will be thousands of economic wells to drill, CEO Mike Watford told analysts Thursday.

Growing production 43% year/year in 2Q2016, Rice Energy Inc. is positioning itself to capture improved pricing heading into next year, management told analysts during a call last week to discuss the Appalachian operator’s quarterly results.

EV Energy Partners LP (EVEP) turned in another quarter of red ink and management said Tuesday that distributions won’t be reinstated this year. However, progress on debt reduction was made.

After posting strong results in 2Q2016, Energen Corp. is moving forward on a drilling plan in the Permian Basin that could see the pure-play operator achieve double-digit production growth in 2017.

Appalachian pure-play Antero Resources Corp. focused heavily on natural gas liquids (NGL) production during the second quarter as part of its strategy to position itself for a rebound in prices.