Page 16 - Travis Stice News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To understand where the oil market is headed and how investors might hope to take advantage, one would do well to take a look at what Chevron (NYSE:CVX) said in its investor-day presentation earlier this month. First off, it helps to understand how the energy sector works. In massively oversimplified terms, some energy companies find and produce oil for sale, and others provide equipment and services to those oil producers. If the price of oil goes up significantly, the companies that find and produce oil are incentivized to increase investment in expanding production capacity. And that isn�...

Wall Street PR The oil market is likely going to become a big deal in 2021 because 2020 featured such brutal action, at one point taking the price of WTI Crude down to negative $40/barrel – an all-time low. That crash was precipitated by lockdowns associated with the COVID-19 pandemic health crisis, specifically in March thru May. More importantly, the oil market cowered in fear of follow-on lockdowns for the rest of the year until a viable vaccine was announced in December. That means valuable months were lost with basically no investment in developing new oil production capacity. That int...

Operator Ladies and gentlemen, thank you for standing by and welcome to the Diamondback Energy Fourth Quarter 2020 Earnings Call. [Operator Instructions] I would now like to hand the conference over to your host, Vice President of Investor Relations, Adam Lawlis. Sir, please go ahead. Adam T. Lawlis -- Vice President, Investor Relations Thank you, Latif. Good morning, and welcome to Diamondback Energy's fourth quarter 2020 conference call. During our call today, we will reference an updated investor presentation, which can be found on Diamondback's website. Representing Diamondback today are...

Operator Ladies and gentlemen, thank you for standing by, and welcome to the Viper Energy Partners' Fourth Quarter 2020 Earnings Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's call is being recorded. [Operator Instructions] I would now like to hand the call over to Adam Lawlis, Vice President, Investor Relations. Please go ahead. Adam Lawlis -- Vice President, Investor Relations Thank you, Michelle. Good morning, and welcome to Viper Energy Pa...

Diamondback CEO: Shareholder value behind QEP, Guidon deals Dec. 21, 2020 FacebookTwitterEmail Travis Stice, Diamondback Energy CEO, speaks at the 2020 State of Oil & Gas luncheon Jan. 20 at the Bush Convention Center. Diamondback announced Monday it is acquiring two companies in deals totaling about $3 billion.Tim Fischer/Midland Reporter-Telegram Energy analysts woke up Monday morning to the news that Midland-based Diamondback Energy is making two acquisitions for a total of about $3 billion. “We did not need to do either of these trades to execute our business plan,” said Travis Stice,...