Friday, November 22, 2024

Tesla Model 3: Slowly Moving Forward

No manufacturer ever wants to experience production problems, especially a high-profile disruptor like Tesla Inc. (ticker: TSLA). Nonetheless, Tesla reported that it delivered 1,550 Model 3s in Q4 2017. In the last seven working days of Q4, Tesla cranked out 793 Model 3s and the company expects to reach a production rate of 5,000 per week by the end of

Samson Resources Plans $105 Million 2018 Capital Program

Samson Resources II, LLC has released its 2018 total capital budget with a range of $105 to $115 million. The capital program aims to increase production volumes by about 20%, compared to 2017 exit production rates. The company will spend $85 to $95 million toward its drilling and completion program and $20 million toward its leasing, seismic, recompletion and workover

PDC Energy Announces New CFO

PDC Energy, Inc. (ticker: PDCE) has appointed R. Scott Meyers, previously the company’s  chief accounting officer, to the chief financial officer position. Meyers has been with the company since 2009. He was appointed CFO concurrently with the previous CFO’s resignation. PDC noted that David Honeyfield, the previous CFO, did not resign because of disagreements with the company. Prior to joining