Shale play Devon Energy reported better than expected third quarter earnings after the market with Oil production rising by 19% to 148,000 barrels per day. $DVN stock rallied 4% in after hours on the news.
EOG Resources Revenues Grow With Production, Operating Costs Fall
Independent oil and natural gas company EOG Resources reported fourth quarter earnings after the market close Thursday that missed on the bottom line but beat in revenues. $EOG Crude oil production grew 18% to 455,700 bpd Total production grew 16% to 812,800 boepd
EOG Resources Earnings Miss With Lower Prices Despite Revenue Beat
Independent oil and natural gas company EOG Resources reported fourth quarter earnings after the market close Tuesday that missed on the bottom line but beat in revenues. $EOG as expected was hurt by production constraints in the Permian pipeline bottleneck but still exceeded production midpoints.
Carrizo Oil and Gas Revenue Rises With Delaware Basin Production up 96% in 2018
Carrizo Oil and Gas reported better than expected earnings after the close Monday $CRZO last year paid $DVN $215 million to increase it’s Delaware basin acerage for $215 million and as expected announced record production.
Devon Energy Revenue Surges, To Separate Canadian and Barnett Shale Assets
Shale play Devon Energy reported mixed fourth quarter earnings after the market with plans to separate its Canadian and Barnett Shale assets. $DVN also announced it is adding $5 billion to its stock buyback plan and raised its quarterly dividend to 9 cents per share.
Delaware Basin and Eagle Ford Drive Devon Energy Earnings Beat
Shale play Devon Energy reported better than expected third quarter earnings after the market close Tuesday. $DVN has been diversting aggressively and in August sold non-core Delaware assets to Carrizo Oil and Gas.
Carrizo Buys Devon Energy Non-Core Delaware Basin Acreage
Devon Energy announced the sale of non-core Dellaware basin assets after the market close Tuesday to Carrizo Oil and Gas, $CRZO will pay $DVN $215 million and plans to fund the purchase price with net proceeds from an equity offering.
EOG Resources Beats Earnings, Raises Production and Dividend Targets
Independent oil and natural gas company EOG Resources reported better than expected first quarter earnings after the market close Thursday. $EOG raised dividend, production and CAPEX outlook.
Devon Energy Improving Earnings With Dellaware Well Productivity
Shale play Devon Energy reported better than expected first quarter earnings after the market close Tuesday and raised production guidance with improving well productivity in the Delaware and STACK.
Shale Producers Earnings Expected To Soar With Oil at Four Year Highs
Big Oil earnings delivered big profits from soaring oil and gas revenues. Energy earnings pick up with a slew of Shale names reporting. This week we have $EOG $DVN $CXO $PE $PXD $FRAC $NBL $ECA $BP $APC $CLR $MTDR $PDCE $MRO $SRCI $CHK