Commodity

Cinergy Gas Trader on Leave After CFTC Investigation

Cinergy Corp. reported Thursday that it has put one of its natural gas traders on administrative leave because of a Commodity Futures Trading Commission (CFTC) investigation into the company’s price reporting practices to energy trade publications from May 2000 through January 2001.

July 28, 2003

FERC and CFTC Rake in $273M in Fines, Restitution During First Year of Task Force

The Federal Energy Regulatory Commission and the Commodity Futures Trading Commission (CFTC) were quite busy during the first year of the President’s Corporate Fraud Task Force, according to a White House fact sheet.

July 25, 2003

Cinergy Gas Trader on Leave After CFTC Investigation

Cinergy Corp. reported Thursday that it has put one of its natural gas traders on administrative leave because of a Commodity Futures Trading Commission (CFTC) investigation into the company’s price reporting practices to energy trade publications from May 2000 through January 2001.

July 25, 2003

Black Hills Posts Profit on High Commodity Prices

Despite rising profits due to higher oil and natural gas prices, Rapid City, SD-based Black Hills Corp. announced that net earnings for the quarter remained near flat due to an accounting charge. The company posted $14.1 million, or 52 cents per share for the quarter, compared with earnings of $14 million, or 52 cents per share for the same quarter last year.

May 12, 2003

Black Hills Posts Profit on High Commodity Prices

Despite rising profits due to higher oil and natural gas prices, Rapid City, SD-based Black Hills Corp. announced that net earnings for the quarter remained near flat due to an accounting charge. The company posted $14.1 million, or 52 cents per share for the qaurter, compared with earnings of $14 million, or 52 cents per share for the same quarter last year.

May 7, 2003

Entergy Discloses Informal SEC Investigation into Wash Trades

Three federal government agencies, including FERC, the Commodity Futures Trading Commission (CFTC) and now the Securities and Exchange Commission (SEC), are investigating alleged “wash trading” by Entergy Corp., Entergy-Koch, LP or Entergy-Koch Trading, LP in 2001 and 2002.

April 28, 2003

Entergy Discloses Informal SEC Investigation into Wash Trades

Three federal government agencies, including FERC, the Commodity Futures Trading Commission (CFTC) and now the Securities and Exchange Commission (SEC), are investigating alleged “wash trading” by Entergy Corp., Entergy-Koch, LP or Entergy-Koch Trading, LP in 2001 and 2002.

April 23, 2003

Canadian Analysts Estimate 2003 U.S. Prices Between $4.25 and $5.60

Buoyed by sustained strength in exports as well as snap reactions to cold fronts on commodity markets, Canadian forecasters have raised their expectations for 2003 natural gas prices.

April 22, 2003

CFTC, Federal Enforcement Authorities Meet to Coordinate Energy Probes

The Commodity Futures Trading Commission (CFTC) met with 40 federal law enforcement officials last week to share information related to the ongoing energy investigations nationwide.

February 17, 2003

CERA: Despite Higher Commodity Prices, Volatility Hinders E&P

Higher oil and natural gas prices have not overcome market volatility enough to help energy companies improve their rates of investment through 2010, according to a new study by Cambridge Energy Research Associates (CERA).

February 17, 2003