Get a Lift: Baker Hughes Innovates ESPs with AI, Physics Modeling
The Leucipa ESP Optimizer was recognized with the Spotlight on New Technology award at the Offshore Technology Conference.
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Diversified Energy Reports Strong First Quarter 2025 Results Driven by Increased Top-Line Revenue Generation and Operational Discipline
Maintaining Momentum into Second Quarter 2025 and Remain on Track to Achieve Full Year 2025 Guidance Closed Maverick Acquisition Continuing to Execute our Strategy as the PDP Champion Returned Over $59 million to Shareholders Through Dividends and Repurchases Year to Date BIRMINGHAM, Ala., May 12, 2025 (GLOBE NEWSWIRE) — Diversified Energy Company PLC (LSE: DEC, NYSE: …
Natural Gas Services Group, Inc. Reports First Quarter 2025 Financial and Operating Results; Increases 2025 Guidance
Midland, Texas, May 12, 2025 (GLOBE NEWSWIRE) — Natural Gas Services Group, Inc. (“NGS” or the “Company”) (NYSE:NGS), a leading provider of natural gas compression equipment, technology, and services to the energy industry, today announced financial results for the three months ended March 31, 2025. The Company also raised the high-end of its full-year 2025 …
HighPeak Energy, Inc. Announces First Quarter 2025 Financial and Operating Results – AMENDED
FORT WORTH, Texas, May 12, 2025 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak” or the “Company”) (NASDAQ: HPK) today announced amended financial and operating results for the quarter ended March 31, 2025, provided an updated 2025 development outlook and increased production guidance. Please note that in the Unaudited Condensed Consolidated Statements of Cash Flows table, …
Vital Energy Reports First-Quarter 2025 Financial and Operating Results
Company Reaffirms Full-Year Capital Investment and Production Outlook TULSA, OK, May 12, 2025 (GLOBE NEWSWIRE) — Vital Energy, Inc. (NYSE: VTLE) (“Vital Energy” or the “Company”) today reported first-quarter 2025 financial and operating results. Supplemental slides have been posted to the Company’s website and can be found at www.vitalenergy.com. A conference call to discuss results is …
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Oil Prices Rise as Market weighs US-China Trade Developments
Summary • Markets cautious on US-China tariff relief • Increasing OPEC+ supply weighs on prices • Fuel demand and refining margins stable (Reuters) – Oil prices rose on Tuesday but gains were capped by rising supplies and caution over whether the pause in the U.S.-China trade war will lead to a longer-term deal. Brent crude …
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BWX Technologies CFO, Executive VP to Step Down
BWX Technologies’ Robb A. LeMasters has stepped down from his roles as executive vice president and CFO. The company named Mike T. Fitzgerald as interim CFO.
E&P Highlights: May 12, 2025
Here’s a roundup of the latest E&P headlines, including an alliance for cross-compression services and a boost in 4D seismic acquisition activity in Northern Europe.
US Energy M&A Shifts Gassier into Appalachia, Midcon as Oil Slips
U.S. upstream M&A activity reached $2.3 billion in April, defying a sharp 12% collapse in oil prices. Natural gas-driven deals led the way, including EQT’s $1.8 billion Olympus Energy acquisition.
GOP to Phase Out Biden Energy Credits to Pay for Tax Cuts
By Ari Natter House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives to develop clean-energy projects to help pay for President Donald Trump’s massive tax package. The incentives put in place by former President Joe Biden’s signature climate law have been ripe targets for lawmakers looking for trillions …
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