Diamondback Expands Credit to $3B at $81 WTI: What FANG's RBL Move Says About the Selloff
Diamondback filed a $3B RBL expansion at $81 WTI while the crude selloff was live. That's the capital markets signal the price chart won't show you.
capital-markets
Matador at $80 WTI: The Delaware Stress Test the Balance Sheet Was Built to Absorb (MTDR)
MTDR | NYSE | Source data: Q1 2026 earnings release and 8-K filed May 6, 2026 (SEC accession 0001520006-26-000019); MTDR 10-Q filed May 8, 2026 (accession 0001520006-26-000023); Yahoo Finance commodity prices, June 15, 2026
The Hormuz deal that cratered WTI to $80.92 this morning did
ProFrac at $80 WTI: H2 Spread Count and Simulfrac Repricing Will Test a Broken Balance Sheet (ACDC)
ACDC | NASDAQ | Source data: ProFrac Holding Corp. Q1 2026 10-Q (SEC accession 0001193125-26-214605, filed 2026-05-08), Yahoo Finance equity data, Yahoo Finance commodity prices
The Hormuz deal didn't rescue ProFrac's second-half outlook. WTI's crash to $80.08 this morning
Goldman Says $80, Wright Says 7 Million Barrels: What Friday's Close Actually Means
WTI closed Friday at $84.29. Goldman Sachs cut its 2027 Brent outlook to $80. Energy Secretary Wright disclosed the U.S. military is moving 7 million bpd through the Persian Gulf. The Iran premium unwind is nearly complete.
Production Services at the Margin: How a $10 WTI Slide Resets H2 Pricing
WTI closed the week at $84 — down from $95 Monday. RPC generated near-zero net income at higher crude prices. Here is what the week means for production services heading into H2.
The Iran Premium Is Gone. Now Production Services Has a Pricing Problem (KGS, NPKI)
KGS | NYSE | NPKI | NYSE | Source data: KGS Q1 2026 earnings release (8-K filed May 11, 2026), Kodiak Gas Services 10-Q filed May 11, 2026, KGS equity offering 8-K filed May 15, 2026, NPK International 10-Q filed May 1, 2026, Yahoo Finance commodity prices June 12, 2026
Trans Mountain Full Capacity and the Ovintiv Montney Condensate Thesis (OVV)
OVV | NYSE | Source data: Ovintiv Q1 2026 10-Q (SEC accession 0001193125-26-217087, filed 2026-05-11), Ovintiv Q1 2026 earnings release; commodity prices: Yahoo Finance, June 11, 2026
The Pipeline Changes the Math
Trans Mountain Expansion reached full commercial capacity in early 2026, and Ovintiv is positioned better