Posted on November 6, 2014 at 10:58 am by Laura Goldberg in
Crude oil,
Finance/Earnings,
General |
Apache Corp. reiterated plans to double down on its positions in prolific U.S. shale plays even as crude prices continued to fall and the company’s profits slipped from last year.
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Posted on November 5, 2014 at 8:13 am by Robert Grattan in
Electricity,
Finance/Earnings |
CenterPoint Energy’s businesses posted higher operating costs and electricity distribution suffered due to milder weather.
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Posted on November 5, 2014 at 7:42 am by Robert Grattan in
Electricity,
Finance/Earnings |
In a call Wednesday, executives at NRG Energy discussed third-quarter results held back by a cool summer before offering a very hot projection for growth in the company’s home solar business.
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Posted on November 4, 2014 at 5:57 pm by Bloomberg in
Finance/Earnings,
Pipelines |
The partnership will own and operate pipelines and other assets of natural gas producer Antero Resources, including in the Marcellus Shale in West Virginia and the Utica Shale in southern Ohio.
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Posted on November 4, 2014 at 5:29 pm by Bloomberg in
Crude oil,
Finance/Earnings |
CEO William Thomas boosted EOG’s growth target for oil even in the face of a market slump
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Posted on November 4, 2014 at 11:41 am by Vicki Vaughan in
Finance/Earnings,
Refining |
Valero attributed the results to wider discounts for crude oils relative to the international benchmark crude and stronger gasoline margins in most regions.
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Marathon Oil reported a 24 percent drop in third-quarter profit, as lower crude prices offset higher production.
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Enbridge Energy Partners said that profits jumped in the quarter as the company delivered record quantities of oil in Canada and North Dakota.
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Posted on October 31, 2014 at 8:17 am by Rhiannon Meyers in
Crude oil,
Finance/Earnings,
General |
The second-largest U.S. oil company also benefited from selling off some some of its assets as part of three-year divestment program.
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Exxon CEO Rex Tillerson said that the earnings growth was “driven by higher margins and improved operations in the downstream and chemical businesses.”
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Kirby Corp., a Houston-based barge shipping company, is growing its business on shore. Since hydraulic fracturing took off, Kirby has found a growing market for its diesel engine services division.
The engines power hydraulic fracturing pumps, and demand has been rising in recent years.
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The Houston-based MLP reported higher fees in some sectors and an increase in crude volume moving through its pipelines.
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