CXO News and Press, Concho Resources Inc. From 10/22/18

The wave of development out the Permian Basin continues to fuel the fortunes of oil producers operating in West Texas and New Mexico. The latest boost in the region is coming from a new kind of oil being produced in West Texas , known as West Texas Intermediate Light, or WTI Light. Sales o...

NEW YORK, Oct. 19, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Pepsico, Inc. (NASDAQ:PEP), SBA Communications Corporation (NASDAQ:SBAC),...

Oil producers in the Permian Basin reportedly have begun selling a new stream of light crude - WTI Light - as growing production from the prolific play gives rise to an increasing variety of crudes. More news on: Enterprise Products Partners L.P, Magellan Midstream Partners, L.P., Plains...

By Stacey Morris Today, we look at key themes that will likely be topics of interest on 3Q18 calls for the midstream space. Energy companies, including midstream names, will typically report in late October and early November. From a macro perspective, we expect attention to focus on Permi...

This article will be the final one in the series on E&P companies as far as mid-year results go. If readers have not previously read my 4 prior articles, see: Bottom of the Barrel Club #18-4; Bottom of the Barrel Club Ex-Chapter 11 #18-5; Middle of the Road Club (Non-Permian) #...

Quick Take Riley Exploration Permian ( REPX ) intends to raise $100 million in an IPO of its common stock, per an amended registration statement . The company is an exploration and production (E&P) firm focused primarily on oil in the Permian Basin region. REPX has significant ris...

September monthly performance was: +0.12% More news on: Invesco S&P 500 Equal Weight ETF, Edwards Lifesciences Corp, Alexion Pharmaceuticals, Inc., , Read more ...

I remember when I was a young child in West Texas, going hunting with my grandpappy on our family’s gigantic ranch. I used to enjoy those times, even though he wouldn’t let me shoot his shotgun until I was much older. My most memorable experience from those hunts was the day we w...

EPIC Midstream's plan to temporarily convert its natural gas pipeline to carry crude oil may not totally cure pipeline bottlenecks in the Permian Basin but “ it will come close ,” says RBC Capital analyst Brad Heffern, adding that the start of Plains All American Pipeline's (...

The shale revolution was launched in 1997 and became operative in full throttle since the 2000s. It has greatly improved the energy independence of the U.S. (see here ); because of record-setting shale oil production, the U.S. net oil imports, a measure of the domestic oil sufficiency, declin...