Inflation, interest rate, fiscal discipline weigh on drilling activity
Drilling activity continues to hover at levels not seen in over two years amid concerns about inflation, interest rates and fiscal discipline by drillers
Source: mrt.com
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Homestead Advisers Corp Boosts Holdings in Permian Resources Co. (NASDAQ:PR)
Homestead Advisers Corp lifted its stake in shares of Permian Resources Co. (NASDAQ:PR – Free Report) by 7.4% in the fourth quarter, Holdings Channel reports. The firm owned 243,300 shares of the company’s stock after buying an additional 16,800 shares during the period. Homestead Advisers Corp’s holdings in Permian Resources were worth $3,309,000 at the […]
Source: theenterpriseleader.com
NGL Energy Partners LP Announces Fourth Quarter and Full Year Fiscal 2024 Financial Results; Guidance for Fiscal 2025
NGL Energy Partners LP today reported its fourth quarter and full year fiscal 2024 results. Highlights for the fiscal year and quarter ended March 31, 2024 include: A net loss for full year...
Source: marketscreener.com
Harvest Investment Services LLC Invests $284,000 in Permian Resources Co. (NASDAQ:PR)
Harvest Investment Services LLC bought a new position in Permian Resources Co. (NASDAQ:PR – Free Report) during the fourth quarter, Holdings Channel reports. The fund bought 20,848 shares of the company’s stock, valued at approximately $284,000. Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. […]
Source: wkrb13.com
US rig count holds at 600 for week but loses 13 rigs during May
Drilling activity continues to slump, with the US rig count posting its biggest monthly drop in nine months in May
Source: mrt.com