Monday, April 7, 2025

Permian Producer Pioneer Natural Resources’ Q3 Earnings Call

Retiring Pioneer Natural Resources (ticker: PXD) CEO Scott Sheffield hosted his final earnings call this week Scott Douglas Sheffield As most of you all know, this is my last earnings call after 25 years of being public. I want to extend a special thanks to all shareholders and to all analysts on the call and our great relationship that we’ve

OPEC prepares for its 171st meeting to decide on production cuts

Saudi Arabia Threatens to Raise Production to Hurt Iran

Regional rivalry between Saudi Arabia and Iran could scuttle OPEC production deal Bad blood between Saudi Arabia and Iran could threaten to halt yet another OPEC production deal. Reports from Reuters indicate that Saudi Arabia has threatened to increase production even further in an attempt to damage Iran’s oil profits if the Islamic Republic does not agree to cap its

Oil Production by Presidential Term

Regardless of who is living in the White House, global demand and supply cause price movements and drive production of crude oil. SAFE has added the presidential terms to the bars of crude oil production since the end of Dwight Eisenhower’s term. The U.S. presidential election is Tuesday, Nov. 8. Don’t forget to vote. The website Diffen.com presents a comparison of the two

U.S. Rig Count Up 12; Permian Snags 6 of Them

U.S. producers continue to put rigs back to work, weakening prices Oil prices were down today as U.S. producers continue to ramp up production and put more rigs back to work, and markets remain concerned about whether or not OPEC will be able to reach a production agreement. U.S. crude oil benchmark WTI was down over 1% while international crude

Calgary’s Jobless Rate Hits 10.2%

From AM630 CHED Calgary’s unemployment rate has now hit double digits. Statistics Canada says the city’s jobless rate rose from 9.5 to 10.2 per cent in October, easily the highest rate of any of the major cities in Canada. ATB Financial’s Todd Hirsch tells News Talk 770 it’s not that we’re seeing many more layoffs in the oil and gas