cash flow

Diamondback Energy Earns $115 Million in Q4, Earmarks $1.3 Billion-$1.5 Billion 2018 Permian Spend

February 14, 2018

Diamondback Energy, Inc. (ticker: FANG) pulled in a net income of $115 million in the fourth quarter of 2017, or $1.16 per diluted share. Diamondback spent $246 million on drilling, completions, non-operated properties and $61 million on infrastructure in the fourth quarter of 2017. For the full year 2017, Diamondback spent $737 million on drilling, completions, non-operated properties and $124

SilverBow Resources Releases 2018 CapEx and Guidance

January 25, 2018

SilverBow Resources, Inc. (ticker: SBOW) recently announced its 2018 capital program of $245-$265 million. For 2018, SilverBow said that total company production is projected to average 175-195 MMcfe/d, an increase of approximately 25-40% from 2017 levels. This projection has been adjusted to include small noncore divestitures in 2017 and the Olmos divestiture planned for the first quarter 2018. 2018 capital

Evolution Petroleum: Industry-Leading Positive Free Cash Flow

June 23, 2017

Evolution Petroleum Corp. (ticker: EPM) has built its foundation asset in the Delhi field in NE Louisiana. Delhi is a unique, producing asset that delivers positive free cash flow—consistently. The field is currently under CO2-EOR development. The company’s reserves report indicates that Evolution has approximately 10.8 MMBOE in total proved reserves as of June 30th, 2016. The Delhi field production

Dominion Midstream Partners Announces First-Quarter 2016 Earnings

May 4, 2016

Dominion Midstream Partners, LP (NYSE: DM) reported unaudited net income attributable to the partnership of $23.1 million, or $0.29 per common limited partner unit for the three months ended March 31, 2016. Adjusted earnings before interest, income taxes, depreciation and amortization (Adjusted EBITDA) was $24.9 million and distributable cash flow was $20.3 million for the quarter. Dominion Midstream uses Adjusted

Energy CapEx - Capital Efficiency - EnerCom Oil & Gas 360

Energy CapEx: Spending Money to Make Money

February 17, 2016

Back when the dinosaurs roamed the Earth in the late 1980s and 1990s, oil and gas companies started to use a term called EBITDAX instead of Net Income to describe the amount of cash that was generated from ongoing operations. Net Income includes non-cash expenses like depletion, depreciation, amortization, and interest expense. EBITDAX? Don’t you mean EBITDA? Actually, we mean

MLPs: Chasing Distributable Cash Flow

April 17, 2015

Evaluating Master Limited Partnerships (MLP) in the Energy Sector When assessing the performance of any public company for investment purposes, a logical first question is: “How profitable is it?” There are several ways a company’s performance can be evaluated in terms of profit generation or operational efficiency that results in cash for the company. Net Income is a logical starting point