oilfield-services
EU Blinks on Storage, SM Clears Legacy Debt: Wednesday Capital Markets Brief
SM Energy retires $400M in legacy Bonanza Creek notes. The EU backs flexibility on gas storage mandates. SLB locks in $2B at 10-year rates. WTI holds $101.
Compression Technology Tuesday: NGS Record Quarter, Select Water Infrastructure Beat, and the TETRA Sector Read-Through
OVV Completes the Reset: NuVista Closed, Anadarko Gone, Net Debt Under 0.8x at $101 WTI
Ovintiv exited Q1 2026 with its portfolio transformation essentially complete. The $2.8 billion NuVista acquisition closed during the quarter, adding 100 MBOE/d of Montney production and 930 net well locations. The $2.85 billion Anadarko divestiture, which closed in April, funded a $700 million debt redemption and pushed
ProPetro Q1 2026: The Weather Was the Excuse, the Tightening Is the Story
Kodiak Gas Services Q1 2026: Record Compression, $190M EBITDA, and a 2-Gigawatt Power Play
KGS Hits Record Quarter, Pivots to Data Centers — WTI Gaps Up $2 on Iran Rejection
WTI gaps up $2 after Trump rejects Iran framework. Kodiak Gas Services Q1: record $190M EBITDA and a 2-gigawatt data center power ambition. Frac sector reset ahead.