Earnings

The executive team for completions expert ProPetro Holding Corp., whose business is centered in the Permian Basin, remains bullish on natural gas and oil activity rising over the next several years on improved commodity prices and the continued “industrialization” of the energy sector. The Midland, TX-based oilfield services (OFS) firm provides hydraulic fracturing (fracking) services,…

The management team of Southwestern Energy Co. sees strengthening natural gas prices on the horizon, as U.S. producers tap the brakes on output and LNG exports continue to rise. CEO Bill Way hosted a conference call to discuss third quarter results for the natural gas-weighted independent, which operates in the Appalachian Basin and the Haynesville…

Sempra is betting that continued global energy volatility and geopolitical tensions will strengthen North America’s key natural gas markets, supporting its investments in LNG exports and Mexico. In the San Diego-based firm’s third quarter earnings call, CEO Jeff Martin said the series of global conflicts that have impacted global markets recently have accelerated a “trend…

Enbridge Inc.’s chief executive touted the Canadian company’s efforts to further expand in the United States – on the Gulf Coast and elsewhere – as part of a bid to capitalize on expected long-term natural gas demand in North America and overseas. The Calgary, AB-based company, already a major force in Canadian and American energy,…

SilverBow Resources Inc. is eyeing plans to ramp up natural gas production in South Texas amid expectations for stronger commodity prices and as more Gulf Coast export projects near completion. SilverBow, which operates in the Eagle Ford Shale and Austin Chalk formations, earlier this year made oil development its focus. With gas prices hovering around…

Tellurian Inc. said it could soon be insolvent unless it raises more capital to pay off debt and fund its operations as plans to develop the Driftwood LNG export terminal in Louisiana haven’t become a reality.  The company said in its quarterly report filed with the U.S. Securities and Exchange Commission (SEC) that it faces…

ConocoPhillips on Thursday boosted its oil and natural gas production guidance for the remainder of the year and said it expects to spend more now that it has taken full control of the Surmont oilsands site in Alberta.  Full-year oil and natural gas production is now expected to come in at 1.82 million boe/d, up…

Even with low natural gas prices throughout 2023, midstream giant Williams plans to aggressively expand its infrastructure and services to accommodate robust production needed to meet mounting global demand for U.S. supplies. “Shoring up our nation’s and the world’s energy foundation with natural gas is going to happen…because we are running out of time and…

Detroit-based DT Midstream Inc. (DTM) sees natural gas pricing in 2024 improving with liquefied natural gas projects on the Gulf Coast coming online supportive of additional production. “There’s been a lot of focus on the short-term price of natural gas this year, which has certainly impacted producer activity, a portion of our asset portfolio,” CEO…