NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced that its Board of Directors (the "Board") approved a capital return program under which NexTier may expend a total of up to $100 million, which may be implemented between now and December 31, 2020, through stock repurchases, dividends or other capital return strategies. As part of the capital return program, the Board approved a stock repurchase program of up to $50 million of the Company's common stock, subject to U.S. Securities and Exchange Commission regulations, stock market conditions, capital needs of the business and other factors.

The combined company, called NexTier Oilfield Solutions Inc., began trading on the New York Stock Exchange under the ticker symbol "NEX" when markets opened.

QEP Resources (QEP) expects to generate positive free cash flow in the remainder of 2019 and 2020 at an oil price of $55 a barrel.

HOUSTON, Oct. 22, 2019 /PRNewswire/ -- C&J Energy Services, Inc. ("C&J") (CJ) and Keane Group, Inc. ("Keane") (FRAC) today announced that the shareholders of both companies approved all of the proposals necessary for the closing of the previously announced all-stock merger of equals between Keane and C&J. The merger of equals is anticipated to close on October 31, 2019, following the satisfaction of other customary closing conditions. At the special meeting of C&J shareholders held today in Houston, Texas, C&J shareholders voted to approve the pending transaction with Keane. At the special meeting of Keane shareholders held today in Houston, Texas, Keane shareholders voted to approve the pending transaction with C&J. Approximately 90% of the outstanding shares of Keane common stock voted at the Keane special meeting, with more than 99% of the votes cast in favor of approving the issuance of Keane common stock to current C&J stockholders pursuant to the merger agreement.

MPLX's second-quarter results are affected by lower weighted average natural gas liquids prices.

NEW YORK , Oct. 28, 2019 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Friday, November 1 : FGL Holdings (NYSE: ...

The deal is expected to create a diversified oil field services provider valued at approximately $1.8 billion.

NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced that one of its wholly owned subsidiaries recently commenced operations on a specific opportunity in the Middle East North Africa ("MENA") Region to support completion operations, including the operation of hydraulic fracturing and wireline equipment under an agreement supporting an affiliate of National Energy Services Reunited Corp. ("NESR"). This endeavor provides NexTier an exciting growth opportunity and provides NESR with market leading unconventional operational technologies and processes for its customers in the region.

"This announcement is another important step forward in merging our highly complementary businesses to create one of the largest U.S. well completion services companies," said Robert Drummond, the designated Chief Executive Officer of the combined company. "This executive leadership team reflects the strengths of both Keane and C&J and possesses the qualities, skills and experience that will help drive our successful future together.

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During the earnings release, Apache (APA) informed that it has started a strategic operational reorganization that is expected to result in savings of at least $150 million.

NexTier Oilfield Solutions Inc. (NYSE: NEX) ("NexTier" or the "Company") today announced that Kenneth Pucheu, previously Vice President of Finance, has been promoted to Senior Vice President and Chief Financial Officer, effective immediately. Mr. Pucheu succeeds Jan Kees van Gaalen, who is leaving the Company to pursue other opportunities.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Keane Group, Inc. (FRAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

If you're interested in Keane Group, Inc. (NYSE:FRAC), then you might want to consider its beta (a measure of share...

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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

We are still in an overall bull market and many stocks that smart money investors were piling into surged through October 17th. Among them, Facebook and Microsoft ranked among the top 3 picks and these stocks gained 45% and 39% respectively. Hedge funds' top 3 stock picks returned 34.4% this year and beat the S&P […]

Keane Group, Inc. (FRAC) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank 2 (Buy).