You Searched For "oil drillers" and got 20 results
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1 min read
Torchlight cashes in on Reddit hype and sells $100 million in new shares after retail traders help drive a 58% surge in the stock price
Shares tumbled 25% Tuesday after Reddit traders helped drive a record rally in the stock the day be…
Natasha Dailey
1 min read
Legendary oil mogul Harold Hamm eyes the next stage in the US shale oil boom: 'Generation 3' rock
"That's to deal with the tough rock that contains a lot of things that heretofore we weren't able t…
Filip De Mott
2 mins read
A tiny oil driller has surged 249% in just 6 days as a newly minted meme stock amid Reddit speculation of a short squeeze
"You can either make money on the squeeze, or make money if it crashes by absorbing the dividends. …
Natasha Dailey
2 mins read
US stocks end mixed as energy sector rides surge in oil prices while tech stocks fall
Energy stocks started the second quarter of 2023 in rally mode while tech stocks softened after the…
Carla Mozée
2 mins read
Sand for fracking is now 3 times as expensive as it was last year, and it's one of several reasons US oil production isn't increasing
The familiar challenges of labor shortages and transportation constraints are combining with invest…
Dominick Reuter
1 min read
Top US shale producer is so confident oil prices will keep rising that it just ditched nearly all hedges
Pioneer Natural Resources said the move will cost $328 million, which will be spread out over the c…
Isabelle Lee
1 min read
Exxon is trying out a program that will use leftover natural gas to power bitcoin mining
The largest US oil producer began a pilot program in January 2021 that uses excess natural gas to p…
Phil Rosen
1 min read
A major oil company is selling gas to bitcoin miners in North Dakota instead of burning off excess supply
The sale to third-party miners is part of ConocoPhillips' goal to reach zero routine gas flaring by…
Natasha Dailey
2 mins read
Shale oil drillers are on the brink of a debt crisis
Energy company earnings and sales have plummeted in the past year. According to Factset, the sector…
Akin Oyedele
2 mins read
Oil driller Hercules is one step closer to bankruptcy
We have reached a restructuring agreement with an overwhelming majority of our senior noteholders t…
Corey Stern
1 min read
Small Oil Drillers Are Still Getting Smacked
And most all of these stocks also sold off hard on Friday, and over the last five trading days, Bre…
Myles Udland
1 min read
US shale producers aren't cashing in on soaring oil prices as skittish investors shy away from new drilling projects
Skittish investors - burned before by shale drillers who had aggressively ridden past oil booms - a…
Ethan Wu
2 mins read
An investment firm that made big bets on the US shale boom is courting investors for clean energy SPACs
Riverstone's most successful past deals have been in oil and gas - and some of its previous clean-e…
Ethan Wu
3 mins read
The world's largest oil driller just gave a very bearish presentation on the future of the industry
This 'hold-your-breath and-hope-for better-times-soon' playbook has in the past allowed the industr…
Akin Oyedele
3 mins read
Meet the company mining bitcoin using the flare gas from oil drilling - and drawing investment from Coinbase and the Winklevii
Crusoe Energy's technology can dramatically cut emissions from gas flaring at oil patches - all whi…
Harry Robertson
5 mins read
The 20 top private investors fueling the clean-energy industry with $2.5 billion
Power Line is Business Insider's weekly energy newsletter. Sign up to get it in your inbox every Fr…
Benji Jones
5 mins read
There are a lot of perks for Big Oil in Democrats' new bill, even though it's being touted as the biggest climate investment in US history
The Inflation Reduction Act includes $369 billion in energy and climate spending. The bill also inc…
Jacob Zinkula
1 min read
Former BP CEO Reveals A Silver Lining For Drillers In The Wake Of The Oil Crash
And here's why Browne says all these measures are actually good for business. Even though higher pr…
Akin Oyedele
3 mins read
The CEO of oil driller Baker Hughes says there's been 'a bit of drama in the marketplace'
And I do get a bit of a feeling if you will that it's - I don't want to say it's overdone, but I'd …
Akin Oyedele
1 min read
America's Oil Drillers Are On An Epic Job Growth Hot Streak
The oil and gas extraction industry added 1,100 jobs in February. This is 27th-straight where the i…