In partnership with

Meet America’s Newest $1B Unicorn

A US startup just hit a $1 billion private valuation, joining billion-dollar private companies like SpaceX, OpenAI, and ByteDance. Unlike those other unicorns, you can invest.

Why all the interest? EnergyX’s patented tech can recover up to 3X more lithium than traditional methods. That's a big deal, as demand for lithium is expected to 5X current production levels by 2040. Today, they’re moving toward commercial production, tapping into 100,000+ acres of lithium deposits in Chile, a potential $1.1B annual revenue opportunity at projected market prices.

Right now, you can invest at this pivotal growth stage for $11/share. But only through February 26. Become an early-stage EnergyX shareholder before the deadline.

This is a paid advertisement for EnergyX Regulation A offering. Please read the offering circular at invest.energyx.com. Under Regulation A, a company may change its share price by up to 20% without requalifying the offering with the Securities and Exchange Commission.

Baker Hughes Rig Count, as of 2/22/26

Weekly Metrics

Canada

United States

Rig Count, Current Week

223

485

Rig Count, Last Week

222

484

Rig Adds

NE BC (+2), East Central AB (+2)

Permian-Midland (+2)

Rig Reductions

NW AB (-1), Foothills (-1), Central AB (-1)

Permian-Eddy (-1)

4Q25/FY25 CA E&P Earnings Calls

  • Whitecap Resources Inc. (WCP), February 23, 9:00AM MT (link)

  • Tamarack Valley Energy Ltd. (TVE), February 25, 9:00AM MT (link)

  • Paramount Resources Ltd. (POU), March 3

  • Tourmaline Oil Corp. (TOU), March 5, 9:00AM MT (link)

  • Vermilion Energy Inc. (VET), March 5, TBD (link)

  • Canadian Natural Resources Limited (CNQ), March 5, 9:00AM MT (link)

  • Baytex Energy Ltd. (BTE), March 5, 9:00AM MT, TBD

  • Peyto Exploration & Development Corp. (PEY), March 11

  • Advantage Energy Ltd. (AAV), TBD

  • Strathcona Resources Ltd. (SCR), TBD

Rig Count by Canadian-based E&P (as categorized by OilGasPages.com)

Weekly Metrics

Canadian E&Ps Covered, as of 2/22/26

Rig Count, Current Week

114

Rig Count, Last Week

123

Rig Count Leaders

CNQ (18), WCP (17), CVE (16), TOU (10), ARX (9)

Rig Adds, by E&P

WCP (+1), SCR (+1), TVE (+1), VET (+1)

Rig Reductions, by E&P

CNQ (-1), CVE (-1), TOU (-4), SU (-3), BTE (-2), AAV (-1), BIR (-1)

4Q25/FY25 US E&P Earnings Calls

  • Diamondback Energy, Inc. (FANG), February 24, 7:00AM MT (link)

  • Range Resources (RRC), February 24 7:00AM MT (link)

  • Ovintiv ULC (OVV), February 24 9:00AM MT (link)

  • Matador Resources Company (MTDR), February 25, 9:00AM MT (link)

  • EOG Resources, Inc. (EOG), February 25, 8:00AM MT (link)

  • Permian Resources Corporation (PR), February 26, 8:00AM MT (link)

  • SM Energy Company (SM), February 26, 8:00AM MT (link)

  • Crescent Energy Company (CRGY), February 26, 9:00AM MT (link)

  • APA Corporation (APA), February 26, 9:00AM MT (link)

  • Chord Energy Corporation (CHRD), February 26, 9:00AM MT (link)

  • Coterra Energy Inc. (CTRA), February 27, 8:00AM MT (link)

  • High Peak Energy Inc. (HPK), TBD

Rig Count by United States-based E&P (as categorized by OilGasLeads.com)

Weekly Metrics

USA E&Ps Covered, as of 2/22/26

Rig Count, Current Week

266

Rig Count, Last Week

267

Rig Count Leaders

XOM (36), DVN/CTRA (31), COP (25), OXY (24), EOG (23)

Rig Adds, by E&P

XOM (+1), SM (+1), CRK (+1), CRGY (+1)

Rig Reductions, by E&P

DEOG (-2), CVX (-1), MTDR (-1), EXE (-1)

United States Frac Spreads (as tabulated by The American Oil & Gas Reporter)

Frac spread activity for the week of 2/22/26 was 160 up from the previous week (153).

Canada & United States Companies Mentioned

  • Tourmaline Oil Corp. (TOU)

  • Canadian Natural Resources Limited (CNQ)

  • Cenovus Energy Inc. (CVE)

  • ARC Resources Ltd. (ARX)

  • Baytex Energy Ltd. (BTE)

  • Peyto Exploration & Development Corp. (PEY)

  • Tamarack Valley Energy Ltd. (TVE)

  • Whitecap Resources (WCP)

  • Paramount Resources Ltd. (POU)

  • Birchcliff Energy Ltd. (BIR)

  • Vermilion Energy Inc. (VET)

  • Suncor Energy Inc. (SU)

  • Strathcona Resources Ltd. (SCR)

  • Advantage Energy Ltd. (AAV)

  • Imperial Oil Resources (IMO)

  • Athabasca Oil Corporation (ATH)

  • Matador Resources Company (MTDR)

  • Expand Energy (EXE)

  • Antero Resources Corporation (AR)

  • Magnolia Oil & Gas Corporation (MGY)

  • Comstock Resources, Inc. (CRK)

  • Exxon Mobil Corporation (XOM)

  • EOG Resources, Inc. (EOG)

  • SM Energy Company (SM)

  • Chevron Corporation (CVX)

  • Diamondback Energy, Inc. (FANG)

  • Coterra Energy Inc. (CTRA)

  • Crescent Energy Company (CRGY)

  • Ovintiv Canada Ulc (OVV)

  • Devon Energy Corporation (DVN)

  • Murphy Oil Corp (MUR)

  • Permian Resources Corporation (PR)

  • APA Corporation (APA)

  • ConocoPhillips Canada Resources Corp. (COP)

  • Occidental Petroleum Corporation (OXY)

  • Chord Energy Corporation (CHRD)

  • High Peak Energy Inc. (HPK)

Disclaimer: All information contained in this publication has been researched and compiled from sources believed to be accurate and reliable at the time of publishing. However, in view of the natural scope for human and/or mechanical error, either at source or during production, Patrick Enwright accepts no liability whatsoever for any loss or damage resulting from errors, inaccuracies or omissions affecting any part of the publication. All information is provided without warranty, and Patrick Enwright makes no representation of warranty of any kind as to the accuracy or completeness of any information hereto contained.

Reply

Avatar

or to participate

Keep Reading