Liberty Energy Announces Strong Q2 2024 Results with $1.2B Revenue and Operational Milestones

Author: phinds Category: Oil & Gas News

Chris Wright, Chief Executive Officer, highlighted Liberty’s strong performance and competitive advantages. “Our second quarter results demonstrate the value of Liberty’s innovative technologies and strategic investments. We achieved record average daily pumping efficiencies and safety performance, underpinning our robust financial results. Our focus on capital-efficient, low-emission natural gas technologies continues to yield significant benefits for our customers and shareholders.”

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Energy Transfer and Sunoco Form Joint Venture for Permian Basin Assets

Author: phinds Category: Oil & Gas News

The formation of this joint venture marks a strategic alignment between Energy Transfer LP and Sunoco LP, leveraging their respective strengths in crude oil and produced water gathering operations in the Permian Basin. With Energy Transfer’s extensive operational expertise and Sunoco’s valuable assets, the combined entity is poised to enhance operational efficiencies and create significant value for both partnerships.

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Is Apache Corp a good investment

Author: phinds Category: Oil & Gas News

Scotiabank reaffirmed its Sector Perform rating on Apache Corp (NASDAQ) with a price target of $30.00 after reviewing Apache’s latest quarterly information. Apache’s adjusted EPS and CFPS are projected at $0.93 and $2.99, respectively. The company reported higher-than-expected dry hole expenses and favorable outcomes in Egypt, with tax barrels surpassing…

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