Page 4 - Tim Rezvan News Today

Civitas is purchasing some assets from Tap Rock Resources as well as Hibernia Energy III.

Civitas Resources Inc., a US shale oil producer, agreed to acquire assets for about $4.7 billion in cash and stock to expand for the first time into the Permian

Chevron (CVX) rebounds in early trading after shedding ~2% in reaction to its acquisition of PDC Energy (PDCE) for $72/share, which some analysts say is a particularly cheap price.

Operator: Good morning, and welcome to the Talos Energy First Quarter 2023 Earnings Conference Call. All participants will be in listen-only mode.

Operator: Good morning and thank you for attending Sitio Royalties First Quarter 2023 Earnings Call. My name is Felicia, and Ill be your operator today.

Operator: Ladies and gentlemen, welcome to the Callon Petroleum Frist Quarter 2023 Earnings Conference Call. [Operator instructions] Just to remind you today’s conference is being recorded.

Operator: Good day, and thank you for standing by. Welcome to the Diamondback Energy First Quarter 2023 Earnings Conference Call. Please be advised that todays conference is being recorded.

An analyst said Diamondback’s Pecos County, Texas, assets are inferior to its Midland Basin assets and could help the E&P reach its $1 billion divestiture goal.

Diamondback raised its non-core asset sale target to $1 billion from $500 million in February.

Black Stone Minerals (BSM – Research Report) received a Hold rating and price target from KeyBanc analyst Tim Rezvan today. The company&...