In a recent research note, Zacks Research has revised its earnings per share (EPS) estimate for Diamondback Energy, Inc. (NASDAQ: FANG) for Q3 2024, raising it from $4.10 to $4.14. This adjustment comes as the company continues to demonstrate strong financial performance, with solid returns and increased revenue growth, reinforcing investor confidence in its future prospects.
Devon Energy has unveiled a highly successful redevelopment strategy in the Eagle Ford, marking a significant step forward in maximizing resource recovery from previously developed areas.
Ovintiv is considering significant strategic shifts with the potential sale of its Uinta Basin operations.
This document provides a detailed overview of the recent ownership changes, highlighting the previous and new owners, as well as the specific regions and counties involved.
Driven by significant gains in well productivity, advancements in drilling and completion technologies, and the development of critical pipeline infrastructure, the Permian region is expected to play a pivotal role in boosting national output.
On Aug. 19, Reuters reported that APA Corporation is considering selling its oil and gas drilling properties in the Permian basin, for roughly $1 billion. These assets are owned by APA’s subsidiary, Apache.
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Canadian Natural Resources Limited (CNRL) holds a significant portfolio of thermal in situ oil sands assets in Canada, strategically located in the Athabasca and Cold Lake deposits.
Occidental Petroleum has made significant strides in water recycling within their Permian Basin operations. By doubling the volume of water recycled in the Delaware Basin and achieving major milestones such as recycling 50 million barrels at the Midland South Curtis Ranch
As the oil and gas industry continues to seek innovative solutions for managing produced water, aquifer recharge has emerged as a promising and sustainable approach.
