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With $250 billion worth of oil and gas M&A deals already inked in 2023, yet another one follows a likely industry-wide defensive pattern of consolidation and not growth.
Phillips 66 signed an agreement to acquire Pinnacle Midland Parent for $550 million in cash as part of efforts to expand its midstream operations in the Pe...
Apache CEO John Christmann detailed plans for the Permian Basin and Suriname during the SUPER DUG Conference & Expo.
StockNews.com initiated coverage on shares of Callon Petroleum (NYSE:CPE – Free Report) in a research note issued to investors on Monday. The firm issued a hold rating on the oil and natural gas company’s stock. Several other equities research analysts have also recently weighed in on the stock. Stifel Nicolaus reiterated a hold rating and […]
Energy companies in the United States have reduced the number of operating oil and natural gas rigs for the second consecutive week, reaching the lowest count since January 2022, according to Baker Hughes' latest report.