Tuesday, November 19, 2024
The 29th annual EnerCom Denver – The Energy Investment Conference to host The Energy Transition and Emerging Technology Session featuring start-up energy and technology companies - oil and gas 360

EnerCom Denver – The Energy Investment Conference to host The Energy Transition and Emerging Technology Session featuring start-up energy and technology companies

Oil and Gas 360 EnerCom is accepting applications from start-up companies focused on innovation in alternative energy, advanced oil and gas technology, environmental sustainability and carbon solutions to participate in The Energy Transition and Emerging Technology Session Registration for institutional investors, portfolio managers, financial analysts, CIOs, and others in the investment community is free DENVER – June 24, 2024 – EnerCom,

SM Energy announces highly accretive $2.0 billion Uinta Basin acquisition, 11% increase to fixed dividend and reloaded $500 million share repurchase program- oil and gas 360

SM Energy announces highly accretive $2.0 billion Uinta Basin acquisition, 11% increase to fixed dividend and reloaded $500 million share repurchase program

Oil and Gas 360 DENVER, June 27, 2024 /PRNewswire/ — SM Energy Company (the “Company” or “SM Energy”) (NYSE: SM) today announces that it has entered into an agreement to acquire the Uinta Basin oil and gas assets owned by certain entities affiliated with XCL Resources, LLC (“XCL”), a private company backed by EnCap Investments L.P. (“EnCap”) and Rice Investment Group (“Rice”),

NOG announces joint acquisition with SM Energy; entering the Uinta Basin with the largest transaction in company history; highly accretive to key financial metrics- oil and gas 360

NOG announces joint acquisition with SM Energy; entering the Uinta Basin with the largest transaction in company history; highly accretive to key financial metrics

Oil and Gas 360 HIGHLIGHTS SM Energy Company (“SM”), with NOG as its non-operated partner, purchasing the Uinta Basin assets (the “XCL Assets”) of XCL Resources, LLC, an EnCap Portfolio Company, for a combined unadjusted purchase price of $2.55 billion in cash NOG to acquire a 20% undivided stake in the XCL Assets (the “Acquired Assets”) for $510.0 million in

Trans Mountain oil pipeline will rely on spot shipments to turn a profit- oil and gas 360

Trans Mountain oil pipeline will rely on spot shipments to turn a profit

Oil Price The expanded Trans Mountain oil pipeline will rely on spot customers to see a positive equity return or return on capital in 2026, according to company filings with Canadian regulators reviewed by Reuters. The expanded Trans Mountain pipeline is tripling the capacity of the original pipeline to 890,000 barrels per day (bpd) from 300,000 bpd to carry crude from