Achieve

Commodities Unit Weighs on Sempra Earnings

The recently announced sales of its assets in a joint venture (JV) trading operation helped Sempra Energy to achieve one of its key goals for 2010 — exiting the commodities trading business — and the jettisoning of the money-losing segment, along with $1.8-1.9 billion in proceeds that the San Diego-based company expects from the sale, foreshadow brighter days ahead, according to CEO Donald Felsinger.

November 10, 2010

Haynesville Surge Pushes Comstock 4Q2009 Production

A successful drilling program in the Haynesville Shale helped Comstock Resources Inc. achieve an average daily production rate of 207.5 MMcfe in 4Q2009, a 13% increase from 3Q2009 and sharply higher than the 1.5 MMcfe/d of production reported in 4Q2008, the Frisco, TX-based company said.

February 15, 2010

Haynesville Surge Pushes Comstock 4Q2009 Production

A successful drilling program in the Haynesville Shale helped Comstock Resources Inc. achieve an average daily production rate of 207.5 MMcfe in 4Q2009, a 13% increase from 3Q2009 and sharply higher than the 1.5 MMcfe/d of production reported in 4Q2008, the Frisco, TX-based company said.

February 10, 2010

Haynesville Surge Pushes Comstock 4Q2009 Production

A successful drilling program in the Haynesville Shale helped Comstock Resources Inc. achieve an average daily production rate of 207.5 MMcfe in 4Q2009, a 13% increase from 3Q2009 and sharply higher than the 1.5 MMcfe/d of production reported in 4Q2008, the Frisco, TX-based company said.

February 10, 2010

All-Points Weekend Drops End Extended Rally

The market faltered at the finish line of trying to achieve a full week of advancing prices at essentially all points. In spite of rising weekend temperatures in the Midwest, the previous day’s dive of 29.9 cents by September futures following a report of an above-expectations storage injection was able to induce double-digit declines at all but one point Friday. The typical weekend fallback of industrial load was an additional, albeit minor, bearish factor.

August 10, 2009

Pipelines, CO2, Terminals Give Kinder Morgan a Record Quarter

Strong performances from natural gas pipeline, carbon dioxide (CO2) and terminals business segments helped Kinder Morgan Energy Partners (KMP) achieve its best quarter ever in 1Q2008, with earnings hitting $685 million, up 36% from $503 million in 1Q2007, the company said.

April 21, 2008

Pipelines, CO2, Terminals Give Kinder Morgan a Record Quarter

Strong performances from natural gas pipeline, carbon dioxide (CO2) and terminals business segments helped Kinder Morgan Energy Partners (KMP) achieve its best quarter ever in 1Q2008, with earnings hitting $685 million, up 36% from $503 million in 1Q2007, the company said.

April 17, 2008

Natural Gas Utilities Drive CenterPoint 4Q2007 Income

Improved performance by CenterPoint Energy’s natural gas utilities helped the Houston-based company to achieve net income of $108 million (32 cents/share) for 4Q2007, up a stunning 61% from $67 million (20 cents/share) in 4Q2006.

March 3, 2008

Natural Gas Utilities Drive CenterPoint 4Q2007 Income to $108M

Improved performance by CenterPoint Energy’s natural gas utilities helped the Houston-based company to achieve net income of $108 million (32 cents/share) for 4Q2007, up a stunning 61% from $67 million (20 cents/share) in 4Q2006.

March 3, 2008

Climate Change Bill Clears Senate Subcommittee

A Senate subcommittee last Thursday approved with little change cap and trade legislation that seeks to achieve substantial, long-term cuts in U.S. greenhouse gas (GHG) emissions, a measure that critics contend will be costly and disruptive to energy markets.

November 5, 2007