Boe

Permian Resources Announces Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Oil, Gas, Energy, Permian, Security (finance), NYSE, Public expenditure, G&A, Conference, Acquisition, Resource, Access, Bank statement, Common stock, Interest, Social responsibility, LOE, Corporate sustainability, Energen Resources Corporation, Hand, Class, Natural gas, GP, Boe, Acceleration, Potash, Video game, Pharmaceutical industry, Cryptocurrency, Petroleum, Delaware Basin

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its third quarter 2023 financial and operational results.

Key Points: 
  • Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its third quarter 2023 financial and operational results.
  • Permian Resources continued to drive operational improvements in the third quarter, with drilled and completed feet per day increasing by 14% and 4%, respectively, quarter-over-quarter.
  • On November 1, 2023, Permian Resources announced the closing of the $4.5 billion Earthstone transaction that was announced on August 21, 2023.
  • Permian Resources will host an investor conference call on Wednesday, November 8, 2023 at 9:00 a.m. Central (10:00 a.m. Eastern) to discuss third quarter operating and financial results.

HighPeak Energy, Inc. Announces Third Quarter 2023 Financial and Operating Results

Retrieved on: 
Monday, November 6, 2023
NGL, EBITDA, G&A, Perseverance, NYMEX, Natural gas, Boe, Cryptocurrency, Gasoline, Bank, Airline

FORT WORTH, Texas, Nov. 06, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended September 30, 2023.

Key Points: 
  • FORT WORTH, Texas, Nov. 06, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended September 30, 2023.
  • Cash operating margin averaged $59.17 per Boe, or 83% of the average realized price per Boe, excluding the effects of derivatives.
  • HighPeak Chairman and CEO, Jack Hightower, said, “We are thrilled to announce this quarter has been nothing short of transformational for our company.
  • HighPeak’s third quarter 2023 capital expenditures to drill, complete, equip, provide facilities and for infrastructure were $161.2 million.

Texas Pacific Land Corporation Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
Other Natural Resources, Oil, Gas, Commercial Building & Real Estate, Energy, Natural Resources, Construction & Property, Permian, Environment, Nine Months, Table, ID, Texas Pacific Land Corporation, Central Time, Water, NYSE, TPL, Boe, Reinsurance, Holding company, Internet service provider, Clothing, Video game, Cryptocurrency, Music

Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the third quarter of 2023.

Key Points: 
  • Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the third quarter of 2023.
  • For this most recent quarter, new permit and new spud activity increased materially from the prior sequential quarter.
  • Total revenues for the third quarter of 2023 were $158.0 million compared to $191.1 million for the third quarter of 2022.
  • The Company will hold a conference call on Thursday, November 2, 2023 at 7:30 a.m. Central Time to discuss third quarter 2023 results.

NOG Provides Preliminary Financial and Operational Updates for the Third Quarter of 2023

Retrieved on: 
Wednesday, October 25, 2023
Oil, Gas, Natural Resources, Energy, Mining, Minerals, Other Energy, Permian, NYSE, NOG, Public expenditure, DD, Acquisition, Ground game, D&C, Novo, Growth, Boe, Natural gas, D, Video game, Coal

Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced an update on Ground Game acquisitions and certain other financial and operational items for the third quarter of 2023.

Key Points: 
  • Northern Oil and Gas, Inc. (NYSE: NOG) (the “Company” or “NOG”) today announced an update on Ground Game acquisitions and certain other financial and operational items for the third quarter of 2023.
  • The Company closed on eight Ground Game transactions during the third quarter of 2023, concentrated in the Permian Basin.
  • NOG also experienced accelerated well proposal activity in the third quarter, driven by improved commodity prices.
  • The Company turned in-line an estimated 22.6 net wells during the third quarter compared to 13.8 net wells in the second quarter, a 64% sequential increase.

Battalion Oil Corporation Announces Second Quarter 2023 Financial and Operating Results

Retrieved on: 
Monday, August 21, 2023
NYMEX, AGI, Risk, Monument Draw, EBITDA, Annual report, Boe, Letter, NYSE, Canadian petroleum companies, Airline, Security (finance)

HOUSTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the second quarter of 2023.

Key Points: 
  • HOUSTON, Aug. 21, 2023 (GLOBE NEWSWIRE) -- Battalion Oil Corporation (NYSE American: BATL, “Battalion” or the “Company”) today announced financial and operating results for the second quarter of 2023.
  • Excluding the impact of hedges, Battalion realized 98% of the average NYMEX oil price during the second quarter of 2023.
  • Lease operating and workover expense was $10.79 per Boe in the second quarter of 2023 versus $9.71 per Boe in the second quarter of 2022.
  • Gathering and other expense was $12.97 per Boe in the second quarter of 2023 versus $11.59 per Boe in the second quarter of 2022.

Crescent Energy Reports Second Quarter 2023 Financial and Operating Results

Retrieved on: 
Wednesday, August 9, 2023
Oil, Gas, Energy, S&P, CT, Moody's Investors Service, Eagle Ford, Dallas, Policy, Line of credit, Tax, G&A, KKR, LTM, Credit Accumulation and Transfer Scheme, Acquisition, Eagle Ford Group, Net income, Boe, Credit, Crescent, BB, Cryptocurrency, Airline, Bank, Security (finance), Uinta, Adjustment

Crescent reported $57 million of net income and $25 million of Adjusted Net Income(1)in the second quarter.

Key Points: 
  • Crescent reported $57 million of net income and $25 million of Adjusted Net Income(1)in the second quarter.
  • Second quarter operating expense and adjusted operating expense excluding production and other taxes(1), stated on a per Boe basis, were $17.85 and $14.84, respectively.
  • Crescent plans to host a conference call to discuss its second quarter 2023 financial and operating results at 10 a.m. CT on Thursday, August 10, 2023.
  • Crescent has provided an investor presentation on its second quarter 2023 results on its website, www.crescentenergyco.com .

HighPeak Energy, Inc. Announces Second Quarter 2023 Financial and Operating Results

Retrieved on: 
Monday, August 7, 2023
NYMEX, New York Mercantile Exchange, Conference call, NGL, Central Time, Public expenditure, Investment, Natural gas, Flat top, Horizontal, Webcast, Boe, Conference, WalletHub, Cryptocurrency, Oil, Airline, Arms industry

FORT WORTH, Texas, Aug. 07, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended June 30, 2023.

Key Points: 
  • FORT WORTH, Texas, Aug. 07, 2023 (GLOBE NEWSWIRE) -- HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced financial and operating results for the quarter ended June 30, 2023.
  • At the end of the second quarter, the Company had 42 gross (35.7 net) horizontal wells in various stages of drilling and completion.
  • HighPeak’s second quarter 2023 capital expenditures to drill, complete, equip, provide facilities and for infrastructure were $299.6 million.
  • HighPeak Energy will host a conference call and webcast on Tuesday, August 8, 2023, at 10:00 a.m. Central Time for investors and analysts to discuss its results for the second quarter of 2023.

Permian Resources Announces Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 2, 2023
Energy, Other Energy, Oil, Gas, Permian, Borrowing base, Common stock, Communication, LOE, Bank statement, Resource, GP, G&A, Interest, Energen Resources Corporation, Public expenditure, Colgate, Access, Centennial, Natural gas, Water, Growth, Security (finance), Boe, Hand, Conference, NYSE, Coal, Arms industry, Renewable energy, Cryptocurrency, Holding company, Management

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its second quarter 2023 financial and operational results.

Key Points: 
  • Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced its second quarter 2023 financial and operational results.
  • Second quarter LOE was $5.50 per Boe, an increase of 2% compared to the prior quarter, which was primarily driven by higher water handling costs.
  • Permian Resources’ financial statements and related footnotes will be available in its Quarterly Report on Form 10-Q for the quarter ended June 30, 2023, which is expected to be filed with the Securities and Exchange Commission (“SEC”) on August 3, 2023.
  • Permian Resources will host an investor conference call on Thursday, August 3, 2023 at 10:00 a.m. Central (11:00 a.m. Eastern) to discuss second quarter operating and financial results.

Texas Pacific Land Corporation Announces Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 2, 2023
Other Natural Resources, Other Energy, Utilities, Oil, Gas, Alternative Energy, Natural Resources, Energy, Permian, Central Time, ID, NYSE, Growth, Record, Texas Pacific Land Corporation, Boe, Table, TPL, Water, Reinsurance, Holding company, Internet service provider, Clothing, Music, Video game, Cryptocurrency

Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the second quarter of 2023.

Key Points: 
  • Texas Pacific Land Corporation (NYSE: TPL) (the “Company” or "TPL") today announced its financial and operating results for the second quarter of 2023.
  • Total revenues for the second quarter of 2023 were $160.6 million compared to $176.3 million for the second quarter of 2022.
  • Oil and gas royalty revenue decreased $38.9 million due to lower average commodity prices in the second quarter of 2023 compared to the second quarter of 2022.
  • The Company will hold a conference call on Thursday, August 3, 2023 at 7:30 a.m. Central Time to discuss second quarter 2023 results.

Vitesse Energy Announces Second Quarter 2023 Results

Retrieved on: 
Monday, July 31, 2023
Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Other Natural Resources, Nuclear, Natural Resources, Borrowing base, Jefferies Financial Group, Public expenditure, EBITDA, VTS, Boe, NYSE, University spin-off, Rare-earth element, Holding company, Airline, Vitesse, G&A

Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today announced the Company’s second quarter 2023 financial and operating results.

Key Points: 
  • Vitesse Energy, Inc. (NYSE: VTS) (“we,” “our,” “Vitesse,” or the “Company”) today announced the Company’s second quarter 2023 financial and operating results.
  • Oil and gas production for the second quarter of 2023 averaged 11,359 Boe per day, a decrease of 1% from the first quarter of 2023.
  • Lease operating expenses in the second quarter of 2023 were $9.3 million, or $9.01 per Boe, an increase of 3% on a per unit basis compared to the first quarter of 2023.
  • In the second quarter, Vitesse consented to 97 gross (3.5 net) well authorization for expenditures (“AFEs”), an increase on a net basis over the first quarter of 2023.