Barnett Shale Stocks List

Barnett Shale Stocks Recent News

Date Stock Title
May 4 PXD FTC Sparks Debate: Can One Texas Oilman Move the Price of Crude?
May 3 PXD Vistra Set to Join S&P 500; Aaon to Join S&P MidCap 400; Marathon Digital Holdings to Join S&P SmallCap 600
May 3 PXD Vistra to Join S&P 500 Index, Replacing Pioneer Natural Resources
May 3 PXD Exxon to take 18-24 months to hit full stride with Pioneer purchase
May 3 PTEN Patterson-UTI Energy, Inc. (NASDAQ:PTEN) Q1 2024 Earnings Call Transcript
May 3 PXD Pioneer Natural Resources GAAP EPS of $4.57 misses by $0.40, revenue of $4.81B misses by $250M
May 3 KRP Kimbell Royalty Partners, LP (NYSE:KRP) Q1 2024 Earnings Call Transcript
May 3 PXD Don’t Let the FTC Drama Distract You. Exxon Mobil Just Got a Huge Win.
May 3 PTEN Patterson-UTI Energy First Quarter 2024 Earnings: In Line With Expectations
May 3 PXD Seplat's $1.28B Asset Deal with Exxon Gets Regulatory Boost: Report
May 3 PTEN Patterson-UTI (PTEN) Q1 Earnings and Sales Beat Estimates
May 3 PXD ExxonMobil’s $60bn Pioneer acquisition gets nod from US regulator
May 3 KRP Kimbell Royalty Partners LP (KRP) (Q1 2024) Earnings Call Transcript Highlights: Record ...
May 3 PTEN Patterson-UTI Energy Inc (PTEN) Q1 2024 Earnings Call Transcript Highlights: Key Financial ...
May 3 PXD PRESS DIGEST- New York Times business news - May 3
May 3 KRP Q1 2024 Kimbell Royalty Partners LP Earnings Call
May 3 PTEN Q1 2024 Patterson-UTI Energy Inc Earnings Call
May 2 PXD FTC’s Surprise Attack on US Oil Icon Rattles Shale Sector
May 2 PXD Pioneer reports lower profit ahead of its takeover by Exxon
May 2 KRP Kimbell Royalty Partners, LP (KRP) Q1 2024 Earnings Call Transcript
Barnett Shale

The Barnett Shale is a geological formation located in the Bend Arch-Fort Worth Basin. It consists of sedimentary rocks dating from the Mississippian period (354–323 million years ago) in Texas. The formation underlies the city of Fort Worth and underlies 5,000 mi² (13,000 km²) and at least 17 counties.
As of 2007, some experts suggested that the Barnett Shale might have the largest producible reserves of any onshore natural gas field in the United States. The field is thought to have 2.5×10^12 cu ft (71 km3) of recoverable natural gas, and 30×10^12 cu ft (850 km3) of natural gas in place. Oil also has been found in lesser quantities, but sufficient (with high oil prices) to be commercially viable.
The Barnett Shale is known as a "tight" gas reservoir, indicating that the gas is not easily extracted. The shale is very impermeable, and it was virtually impossible to produce gas in commercial quantities from this formation until oil and gas companies learned how to effectively use massive hydraulic fracturing in the formation. The use of horizontal drilling further improved the economics, and made it easier to extract gas from under developed areas.
Future development of the field will be hampered in part by the fact that major portions of the field are in urban areas, including the rapidly growing Dallas-Fort Worth Metroplex. Some local governments are researching means by which they can drill on existing public land (e.g., parks) without disrupting other activities so they may obtain royalties on any minerals found, whereas others are seeking compensation from drilling companies for damage to roads caused by overweight vehicles (many of the roads are rural and not designed for use by heavy equipment). In addition, drilling and exploration have generated significant controversy because of environmental damage including contamination to the ground water sources.

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