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North American Natural Gas Buyers Eyeing Certified Supplies for ESG-Minded Customers

North American Natural Gas Buyers Eyeing Certified Supplies for ESG-Minded Customers
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Exxon is telling investors its Permian fracking projects are 'world class'. The data says otherwise.

A new report finds that the productivity of ExxonMobil’s wells in the Permian basin declined in 2019, raising “troubling questions about the quality” of its assets. ....

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ExxonMobil (XOM) Q1 2021 Earnings Call Transcript

ExxonMobil (XOM) Q1 2021 Earnings Call Transcript
Motley Fool Transcribing
© The Motley Fool
Logo of jester cap with thought bubble.
ExxonMobil (NYSE: XOM)
Good day, everyone, and welcome to this ExxonMobil Corporation first-quarter 2021 earnings call. Today s call is being recorded. And at this time, I d like to turn the call over to the vice president of investor relations and secretary, Mr. Stephen Littleton.
Please go ahead, sir.
ice President of Investor Relations and Secretary
Thank you, and good morning, everyone. Welcome to our first-quarter earnings call. We appreciate your participation and continued interest in ExxonMobil. I am Stephen Littleton, vice president of investor relations. ....

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NGL Energy Partners LP Announces Third Quarter Fiscal 2021 Financial Results

Provided by
Business Wire
NGL Energy Partners LP Announces Third Quarter Fiscal 2021 Financial Results
NGL Energy Partners LP (NYSE:NGL) (“NGL,” “our,” “we,” or the “Partnership”) today reported its third quarter fiscal 2021 results. Highlights for the quarter include:
Loss from continuing operations for the third quarter of Fiscal 2021 of $380.4 million, primarily a result of a $383.6 million write down of goodwill and certain intangibles related to the impact of the bankruptcy rejection of transportation contracts with Extraction Oil & Gas, Inc. (“Extraction”), compared to income from continuing operations of $49.1 million for the third quarter of Fiscal 2020
Announcement of a global settlement agreement with Extraction which, among other consideration, provides for: (i) a new long-term supply agreement, which includes a significant acreage dedication in the DJ Basin, and retains Extraction’s crude oil volumes for ship ....

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