The Latest

Dividends Declared Week of Feb. 24

As 2024 year-end earnings wrap up, here is a compilation of dividends declared from select upstream and midstream companies.

Diversified Closes Summit Natural Resources Deal for $42MM

Diversified Energy Co. Plc closed its deal with Summit Natural Resources to buy operated natural gas assets and midstream infrastructure for approximately $42 million, the company said Feb. 27.

Q&A: Patterson’s OFS Perspective on the Shale Boom, Pandemic and Current Upswing

Former Basic Energy Services CEO Roe Patterson details his perspective on the shale boom and the lessons learned to get back to the current upswing in the industry. 

CarbonQuest Lands $20MM Funding for Carbon Capture Projects

The new funding is aimed at helping CarbonQuest achieve the lowest cost per ton in the carbon capture industry and improve system efficiency for North American customers.

Q&A: OFS Private Equity Firm Founder Patterson Talks Strategy Amid Trump, Upstream M&A

Roe Patterson sees a bright future for oil and gas and his new private equity firm, Marauder Capital, after lessons learned.

2025 Pinnacle Award: Christine Ehlig-Economides is a Pioneer in the Field and Classroom

University of Houston petroleum engineering professor Christine Ehlig-Economides has left an indelible mark on the industry and blazed a trail for women.

Range Secures Appalachian Takeaway to Capitalize on Higher NatGas Prices

Appalachian pure-play Range Resources expects strong demand in the second half of the decade and is taking the necessary steps to capitalize on higher natural gas prices.

BKV Positions Itself to Meet Growing Power, CCS Demand

Electricity needs across the U.S. are expected to soar as industrial and manufacturing facilities, data centers and other consumers crave more power. BKV is exploring ways to bridge the gap between demand and energy supply.

Civitas Adds Former EOG Exec Lloyd Helms to Board

In conjunction with its recent $300 million Midland Basin bolt-on, Civitas Resources has increased its board to 10 directors.

BP Cuts Renewable Investment, Boosts Oil and Gas in Strategy Shift

BP aims to grow oil and gas production to between 2.3 MMboe/d and 2.5 MMboe/d in 2030.