Chris
Mathews
Hart Energy
Natron Energy Appoints New CEO
Sodium ion battery technology company Natron Energy has appointed Wendell Brooks as the company’s new CEO to lead growth initiatives in 2025.
NOV Appoints Former Denbury CEO Chris Kendall to Board
NOV Inc. appointed former Denbury CEO Chris Kendall to its board, which has expanded to 11 directors.
Utica’s Encino Adds Former Marathon Director to Board
Brent J. Smolik, who most recently served on Marathon Oil’s board until its merger with ConocoPhillips, will join Encino Acquisition Partners as a director.
PHX Minerals Explores Sale After Rejecting Acquisition Bids
PHX Minerals hired bankers to explore a potential merger or sale of the firm, which manages assets across the Midcontinent and Haynesville Shale play. PHX has rejected multiple unsolicited acquisition bids in the past two years.
Dividends Declared the Week of Dec. 9
Here is a compilation of dividends declared from select upstream, midstream and service and supply companies during the week of Dec. 9.
J. Douglas Schick Succeeds PEDEVCO Majority Owner Simon Kukes as CEO
Simon G. Kukes, who took over PEDEVCO in 2018, said the company has since worked toward entering joint development agreements in the Permian and Denver-Julesburg basins.
Hirs: The High Cost of Overreaching Regulation, Secrecy
Energy regulators have withheld critical information that’s resulted in damage to markets and competition.
Exxon: Longer Laterals, Cube Well Design Lowering Permian Costs
Exxon Mobil is boosting spending to grow global oil and gas production by 18% by 2030. U.S. rival Chevron Corp. recently said it’s cutting spending in favor of free cash flow.
Are Shale Producers Getting Credit for Reining in Spending Frenzy?
An unusual reduction in producer hedging found in a Haynes and Boone survey suggests banks are newly open to negotiating credit terms, a signal of market rewards for E&P thrift.
Oilfield Services Firm Flowco Files IPO Paperwork
Oilfield services provider Flowco filed paperwork for an IPO, one of several energy-focused players seeking to test the public markets.