Diamondback Energy Inc
Latest Diamondback Energy Inc News and Updates
Are Oil’s Supply Concerns Rising?
On May 21, US crude oil July futures closed $5.97 above the July 2019 futures contract. On May 14–21, US crude oil July futures rose 1.9%.
Did Occidental Petroleum Set a High Bar for 3Q16 Production?
For 3Q16, Occidental Petroleum expects its total production from ongoing operations to be in the range of 600–605 Mboe per day.
What’s Been Driving Diamondback Energy’s Stock Price Movement?
Diamondback Energy’s stock price saw uptrend from October 2012 to June 2014. When NYMEX WTI crude oil started falling in June 2014, FANG’s stock peaked.
Marathon Oil’s Lifting Costs
In 2Q17, Marathon Oil’s (MRO) reported a lifting cost of ~$6.75 per boe (barrel of oil equivalent), which is ~28.0% lower than its 2Q16 lifting cost of ~$10.88.
Why Inventory Data Might Boost Oil Prices
In the week ended August 31, 2018, US crude oil inventories were almost on par with their five-year average.
Why Did the WTI Cushing-WTI Midland Spread Drop?
The WTI Cushing-WTI Midland spread was at $4.12 per barrel on June 25—compared to $9.7 per barrel on June 18. The spread fell 58% on June 18–25.
How Encana Stock Has Performed This Year
Year-to-date, Encana’s (ECA) stock has fallen ~19% to $9.53. The stock is trading below its 50-week and 200-week moving averages.
Chart in Focus: ConocoPhillips’s Operating Netback
What is the operating netback? The operating netback (also referred as production netback) is oil and gas revenue realized per boe (barrel of oil equivalent) after all costs to bring one boe to the market are subtracted from the realized price. The operating netback is derived by subtracting production expenses (or field operating expenses), production taxes, […]
Devon Energy’s Operating Netbacks
In 1Q17, Devon Energy’s (DVN) reported operating netback was ~$16.68 per boe (barrel of oil equivalent), which is ~178% higher than in 1Q16.
California Resources’ Debt and Production: Chart in Focus
For 2Q16, California Resources (MRO) reported total debt of ~$466 per boe (barrel of oil equivalent) of production.
How Is Cabot Oil & Gas Dealing with Its High Debt?
On February 26, 2016, in an attempt to deal with falling earnings and high debt, Cabot Oil & Gas (COG) closed a public offering of 44 million shares of its common stock.
A Volatile Week for Crude Oil Prices: Analyzing the Key Reasons
WTI crude oil prices closed 1.83% higher on a weekly basis at $46.05 per barrel in the week ended September 4. Brent crude fell by 0.87% on a weekly basis, closing at $49.61 on September 4.
