Chesapeake Energy Corp.’s original chief financial officer is resigning to run a hydraulic fracturing services company in which the producer holds a 26% stake.
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PUC Offers More Guidance on Marcellus Jurisdictional Hearing
In preparation for its special en banc hearing next month to examine jurisdictional issues related to Marcellus Shale development, the Pennsylvania Public Utility Commission (PUC) last Friday issued additional guidance including a list of the invited speakers and a list of questions to be addressed.
PUC Offers More Guidance on Marcellus Jurisdictional Hearing
In preparation for its special en banc hearing next month to examine jurisdictional issues related to Marcellus Shale development, the Pennsylvania Public Utility Commission (PUC) on Friday issued additional guidance including a list of the invited speakers and a list of questions to be addressed.
PUC Offers More Guidance on Marcellus Jurisdictional Hearing
In preparation for its special en banc hearing next month to examine jurisdictional issues related to Marcellus Shale development, the Pennsylvania Public Utility Commission (PUC) on Friday issued additional guidance including a list of the invited speakers and a list of questions to be addressed.
California IOUs Halt Customer Shutoffs
Sparked by reports from utility consumer organizations and a California Public Utilities Commission (CPUC) en banc hearing on the issue the previous day, the state’s major investor-owned utilities (IOU) Thursday agreed to stop any customer service shutoffs at least through the rest of the year.
Survey Says: Expect Production Growth and Lower Returns in E&P Sector
A Banc of America Securities (BOA) survey of 23 independent exploration and production sector (E&P) companies, issued June 11, predicts solid organic production growth, with returns reverting to average historic levels, through 2011.
Survey Says: Expect Production Growth But Lower Returns for E&P
A Banc of America Securities (BOA) survey of 23 independent exploration and production (E&P) companies, issued June 11, predicts solid organic production growth, with returns reverting to average historic levels, through 2011.
Dynegy Cash Flow Questioned in Downgrade by BOA
Banc of America Securities (BOA) downgraded Dynegy Inc. to “sell” from “neutral” last week because of questions about the company’s future cash-flow generation. On the day of the downgrade Wednesday, more than 10 million Dynegy shares exchanged hands, and the stock fell more than 5%, falling slightly more through the rest of the week to close at around $4.85.
Dynegy Cash Flow Questioned in Downgrade by BOA
Banc of America Securities (BOA) downgraded Dynegy Inc. to “sell” from “neutral” on Wednesday because of questions about the company’s future cash-flow generation. More than 10 million Dynegy shares exchanged hands, and the stock fell more than 5% to close at $4.98.
Wall Street Eyes Energy Software Giants
Deutsche Banc Alex. Brown analyst Ed Tirello initiated coverageof Caminus Corp. with a Strong Buy rating, predicting that theenergy industry’s spending on information technology and softwarewould grow significantly in the next few years.