Nearly a year into torturous natural gas prices and still no sign of a MacGyver option for gas producers to escape. The situation at hand has created a life-size Rubik’s Cube to manage the madness of oversupply. ...
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And just like that, the Supremes today have cast Colo., in a white-hot spotlight with its new rendition of Ain’t No Mountain High Enough. But here, in The Land of the DJ Basin, where the shale boom reanimated the state’s economy six ways to Sunday, oil and gas players are finding a spotlight of their own. This one against a backdrop of uncertainty that has them tossing the dice. ...
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Ahh, it’s quarterly report card season again. A time to share the fruits of strategy, labor, and investments over a three-month gestation that gives financial analysts a purpose in life. For the nation’s larger midstreamers sharing their recent reports, a solid A+ grade seems fitting along with a standing ovation. ...
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On an idyllic California day last October, the nation’s second-largest energy major made a game-changing acquisition. In a stunning announcement less than two weeks after Exxon’s $59.3 billion merger with Pioneer Natural Resources, Chevron inked a $53 billion, love-you-bye deal with Hess Corporation....
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Fresh from the ongoing madness of merger mania comes yet another acquisition. This one, with a twist on the side and a hush-up to that scene-stealing Permian. Well, maybe. ...
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If you’re feeling especially unlucky today, it’s best to avoid any one of Earth’s five oceans lest a chunk of a dead satellite now in freefall makes touchdown on your noggin. But if you’re one of the nation’s largest midstreamers eyeing a sizeable acquisition that ticks all the boxes on growth strategy, you just might be in luck. ...
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