A couple of encouraging signs for Infinity Natural Resources (INR) and its recent initial public offering (IPO). Two weeks ago, we told you that INR had pulled the trigger on its IPO and was offering new shares, targeting to receive somewhere between $18.00 and $21.00 per share (see Infinity Natural Resources Launches IPO, Hopes to…
Read More...It’s alarming! Common sense is breaking out all over. In January, we told you about a Maryland Democrat, General Assembly member C.T. Wilson from Charles County, who is attempting to get the rules changed in the Old Line State to redefine natural gas as “green” energy (see Maryland Democrat Flips, Wants to Use NatGas to…
Read More...The libs and swamp dwellers are apoplectic. The Bidenistas larded up government agencies with thousands of new employees over the past four years. The federal government added approximately 200,000 new employees in the past four years, with the most significant increase occurring in 2023, when the workforce grew by around 85,000 individuals. Donald Trump and…
Read More...Reading between the lines, we’d say the politicians in both Canada and Mexico are puking their guts out after Donald Trump actually did what he said he would do: He slapped a 25% tariff (i.e., tax) on any imports coming to the U.S. from either of our neighbors north and south. The new tax includes…
Read More...MARCELLUS/UTICA REGION: PA DEP releases 2 contracts for bidding in next round of conventional oil & gas well plugging; NATIONAL: WTI slips below $73 on mixed tariff signals; March natural gas contract tests $3.00 mark as weather warms; Bloomberg group keeps millions behind green wall; INTERNATIONAL: Hanwha and Baker Hughes developing ammonia gas turbines; LNG…
Read More...Trump’s move has sparked volatility in the commodities market. Oil prices rose, with WTI up 2.4% at $74.27 a barrel and Brent crude futures adding 1% to $76.40 a barrel. This post appeared first on Hart Energy.
Read More...Oil prices rose, with WTI up 2.4% at $74.27 a barrel and Brent crude futures adding 1% to $76.40 a barrel. This post appeared first on Hart Energy.
Read More...ONEOK had agreed to acquire the remaining stake in EnLink in November 2024 for $4.3 billion after having acquired the controlling interest a month prior. This post appeared first on Hart Energy.
Read More...Ovintiv closed its $2.3 billion acquisition of Paramount Resource’s Montney Shale assets on Jan. 31 after divesting Unita Basin assets for $2 billion last week. This post appeared first on Hart Energy.
Read More...SM Energy, Ovintiv and Devon Energy were rumored to be hunting for Permian M&A—but they ultimately inked deals in cheaper basins. Experts say it’s a trend to watch as producers shrug high Permian prices for runway in the Williston, Eagle Ford, the Uinta and the Montney. This post appeared first on Hart Energy.
Read More...Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam. This post appeared first on Hart Energy.
Read More...Crescent Energy’s cash-and-stock acquisition of Carnelian Energy Capital Management-backed Ridgemar Energy includes potential contingency payments of up to $170 million through 2027. This post appeared first on Hart Energy.
Read More...is a roundup of marketed oil and gas leaseholds in Appalachia and the Central Basin from select E&Ps. This post appeared first on Hart Energy.
Read More...Infinity Natural Resources CEO Zack Arnold told Hart Energy the newly IPO’ed company will stick with Ohio oil, Marcellus Shale gas. This post appeared first on Hart Energy.
Read More...At a news conference, President Trump said that he would exclude oil from tariffs before backtracking to say that he “may or may not” impose duties on crude. This post appeared first on Hart Energy.
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