Automatic Website Traffic RSS

Chapter Fourteen: Pricing Petroleum Products

The netback pricing of crude oil set a crude oil price on the basis of the product market. Netback and other formula techniques seek to provide reduced market risk and reasonable return to the refiner ... read more

Prairie Provident Resources Announces Fourth Quarter And Year-End 2023 Financial And Operating Results

Operating Netback – Operating netback is a non-GAAP financial measure commonly used in the oil and gas industry, which the Company believes is a useful measure to assist management and investors ... read more

Hemisphere Energy Announces 2023 Fourth Quarter and Year-End Financial and Operating Results

Detailed price information for Hemisphere Energy Corp (HME-X) from The Globe and Mail including charting and trades. read more

Orca Energy Group Inc. Announces 2023 Year End Audited Financial Results

operating netback, operating netback per mcf, working capital, net cash flows from operating activities per share and weighted average Class A and Class B Shares. These non-GAAP financial measures and ... read more

Touchstone Announces Annual 2023 Financial and Operating Results

Generated an operating netback of $13,731,000, a 128 percent increase from the third quarter of 2023, benefiting from a full quarter of production from our Cascadura field. Operating netbacks were ... read more

LOGAN ENERGY CORP. ANNOUNCES 2023 FINANCIAL RESULTS AND RESERVES, OPERATIONS UPDATE, AND UPSIZED CREDIT FACILITY

Operating Income and Operating Netback Operating Income, a non-GAAP financial measure, is a useful supplemental measure that provides an indication of the Company's ability to generate cash from field ... read more

SOURCE ROCK ROYALTIES ANNOUNCES INCREASED MONTHLY DIVIDEND

Source Rock's strategy is premised on maintaining a low-cost corporate structure and achieving a sustainable and scalable business, measured by growing funds from operations per share and maintaining ... read more

Saturn Oil & Gas Inc. Reports 2023 Year-End Results Highlighted by Record Annual Production and Free Funds Flow

In light of the above cost reduction impacts, the Company's 2023 operating netback (1), net of derivatives of $43.23 per boe, was comparable to the $43.82 per boe in 2022, despite an approximately ... read more

Talos Energy: A Gulf Of Mexico Standout

The increased scale that we achieved through the QuarterNorth transaction which, also increases our oil-weighted portfolio that we believe have high netback margins coupled with the reduced ... read more

Pieridae Energy Limited GAAP EPS of $0.03; reaffirms FY24 outlook

The company’s 2024 guidance remains unchanged as follows ($ 000s unless otherwise noted): Total production (boe/d) of 33,000- 34,500; Net operating income of 80,000- 100,00; Operating Netback ... read more

Touchstone Announces Annual 2023 Financial and Operating Results

Touchstone uses operating netback as a key performance indicator of field results. The Company considers operating netback to be a key measure as it demonstrates Touchstone's profitability ... read more

Prairie Provident Resources Announces Fourth Quarter and Year-End 2023 Financial and Operating Results

This compares to an operating netback of $54.3 million ($36.54/boe) before the impact of derivatives, or $28.8 million ($19.38/boe) after realized losses on derivatives, for 2022. Operating expenses ... read more