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The Eagle Ford Shale market has faced rising costs, a frenzy of mergers and acquisitions, and recessionary concerns since late 2022. Nevertheless, drilling activity within the area has become profitable again for most oil and gas operators and lodging properties that house oilfield workers.
Institutional investors have run out of new capital to allocate to energy after a sharp drop in public equities.
Devon Energy posted solid production growth, while seeing costs come down slightly in Q1. Check out why I have a buy rating on DVN stock.
The oil market is about to get a lot tighter.
The National Petroleum Corporation of Namibia (Namcor) board was divided this week on whether to suspend managing director Imms Mulunga, but a powerful faction gunning for his head...