Blackstone Infrastructure Agrees to Acquire 296-Mile PNGTS Pipeline
Blackstone Infrastructure announced on November 10, 2026 that funds it manages had entered into a definitive agreement to acquire Portland Natural Gas Transmission System (PNGTS), a 296-mile natural gas pipeline serving northern New England and Atlantic Canada, from investment funds…
Elkhorn Offshore Closes $480 Million DOE Loan for Project Elkhorn
Arena Energy, an independent oil and natural gas exploration company focused on the shallow waters of the Gulf of America, announced on November 10, 2026 that its wholly owned subsidiary Elkhorn Offshore had reached financial close on a $480 million…
ADNOC Gas Q3 Net Income Doubles to $1.34 Billion as Guidance Rises
ADNOC Gas announced its third-quarter 2026 results on November 10, 2026, reporting net income of $1.34 billion, up 101% from $665 million in the second quarter. EBITDA rose 70% quarter on quarter to $2.03 billion, and the company raised its…
Summit Midstream Raises 2026 Outlook as Adjusted EBITDA Rises 16%
Summit Midstream Corporation reported third-quarter 2026 results on November 9, 2026, with net income of $15.9 million, compared with $5.0 million a year earlier. Adjusted EBITDA, which Summit defines as net income adjusted for interest, taxes, depreciation and other items,…
NESR Q3 Revenue Rises 70.9% as Net Income Nearly Doubles
National Energy Services Reunited Corp. announced its third-quarter 2026 results on November 9, 2026, reporting revenue of US$504.7 million, up 70.9% from a year earlier, and net income of $34.3 million, up 93.5%. The year-over-year gains contrasted with weaker sequential…
Strathcona Raises Dividend 7% as Q3 Production Climbs 6%
Strathcona Resources reported third-quarter 2026 production of 123,486 barrels of oil equivalent per day on November 8, 2026, up 6% from the second quarter, and raised its quarterly dividend 7% to C$0.32 per common share. Operating earnings were approximately flat…
Strathcona Agrees to Greenfire Acquisition Valued Up to C$2.9 Billion
Strathcona Resources and Greenfire Resources announced on November 8, 2026 a definitive agreement for Strathcona to acquire all outstanding Greenfire shares. The Canadian-dollar transaction value is approximately C$2.7 billion to C$2.9 billion, including about C$550 million of Greenfire net debt…
Enbridge Reaffirms 2026 Guidance as Gas Projects Enter Service
Enbridge reported on November 6, 2026 that third-quarter adjusted EBITDA, or earnings before interest, taxes, depreciation and amortization adjusted for unusual, infrequent or other non-operating factors, rose to C$4.434 billion from C$4.267 billion a year earlier. Stronger gas-transmission and utility…
EOG Resources Raises Dividend 8% as Q3 Profit Hits $2.8 Billion
EOG Resources reported third-quarter 2026 net income of $2.781 billion, or $5.33 per diluted share, on November 5, 2026, up from $1.471 billion, or $2.70, in the third quarter of 2025, and raised its regular quarterly dividend 8%. The company’s…
Core Natural Resources Q3 Profit Falls to $9 Million as Buybacks Continue
Core Natural Resources reported third-quarter net income of $9.0 million, or $0.18 per diluted share, on revenue of $1.145 billion on November 5, 2026. The coal producer returned $89.6 million to stockholders, mostly through share repurchases, exceeding its quarterly free…
Kimbell Q3 Production Sets Record as Net Income Declines
Kimbell Royalty Partners announced its third-quarter results on November 5, 2026, reporting record average daily production of 27,565 barrels of oil equivalent (Boe) per day on a 6:1 basis for the quarter ended September 30, 2026. Net income fell to…
STAK Energy Signs 15-Year Gas Deal for Alaska Power Campus
STAK Energy Corporation and ExxonMobil Alaska Production Inc. have signed a 15-year natural gas sale agreement for a new power plant on Alaska’s North Slope, STAK Energy announced on November 5, 2026. The signing completes a process that began with…
ConocoPhillips Raises Dividend 11% as Q3 Earnings Reach $4 Billion
ConocoPhillips reported its third-quarter 2026 results on November 5, 2026 , posting earnings of $4.0 billion, or $3.34 per share, up from $1.7 billion, or $1.38 per share, in the same quarter of 2025. The company also raised its quarterly…
Ascent Resources Raises Production Guidance as Q3 Swings to a Loss
Ascent Resources Utica Holdings reported a third-quarter net loss of $22.8 million on November 4, 2026, while raising the lower end of its full-year production guidance and narrowing its operating-expense outlook. The loss under generally accepted accounting principles contrasted with…
SandRidge Q3 Net Income Rises to $30.6 Million on Tax Benefit
SandRidge Energy announced its third-quarter results on November 4, 2026, reporting net income of $30.6 million, or $0.83 per basic share, compared with $16.0 million, or $0.44, a year earlier. A $14.2 million income-tax benefit supplied most of the increase,…
