Contributing

Exxon Mobil Tops 4Q Earnings Estimates with $10.7 Billion; Natgas Production Down

Exxon Mobil Corp. finished off 2005 with fourth quarter earnings of $10.7 billion ($1.71/share) contributing to a record $36 billion for the year, the company reported Monday. Earnings per share (EPS), excluding a $390 million special item, were $1.65 for the quarter, above the $1.44 EPS expected by analysts.

March 10, 2006

Energy Firms, Employees Aid in Gulf Coast Relief and Recovery Efforts

On top of energy companies contributing millions of dollars to fund relief efforts, their employees have been donating their time to help Hurricane Katrina victims rebuild their lives amid the disaster along the Gulf Coast. Energy firms also have been taking extraordinary steps to aid employees who were displaced from their homes due to evacuation or damage.

September 9, 2005

Futures Unfazed by Bearish Storage Injection

By coming in larger than most estimates and shattering the five-year average build, the Energy Information Administration’s (EIA) estimated natural gas storage injection for the week ended Oct. 1 was an undeniably bearish 81 Bcf. But natural gas futures treated the report as a mere hiccup in Thursday morning trade.

October 8, 2004

Increasing Aboriginal Claims Threaten Viability of Mackenzie Pipeline Project

Increasing demands and roadblocks by aboriginal groups in Canada are contributing to fears the Mackenzie Valley Gas Pipeline Project may suffer the same fate of a similar Mackenzie project nearly 25 years ago, which was abandoned in the face of aboriginal rights claims.

September 27, 2004

Increasing Aboriginal Claims Threaten Viability of Mackenzie Pipeline Project

Increasing demands and roadblocks by aboriginal groups in Canada are contributing to fears the Mackenzie Valley Gas Pipeline Project may suffer the same fate of a similar Mackenzie project nearly 25 years ago, which was abandoned in the face of aboriginal rights claims.

September 24, 2004

Comstock Contributes 300 Bcfe of Proved Gulf Reserves to New E&P Venture

Frisco, TX-based Comstock Resources is contributing about 300 Bcfe of estimated proved Gulf of Mexico oil and gas reserves and about $102.7 million in related debt to newly created exploration and production venture Bois d’Arc Energy LLC for a 59.9% stake in the new company.

July 26, 2004

Comstock Contributes 300 Bcfe of Proved Gulf Reserves to New E&P Venture

Frisco, TX-based Comstock Resources is contributing about 300 Bcfe of estimated proved Gulf of Mexico oil and gas reserves and about $102.7 million in related debt to newly created exploration and production venture Bois d’Arc Energy LLC for a 59.9% stake in the new company.

July 20, 2004

Sempra Energy Ups Earnings Forecast, Sees Broad Growth Ahead

Both its utilities and its unregulated global marketing and LNG business will be contributing to its future success and increased earnings, Sempra Energy executives told financial analysts last week.

June 7, 2004

Kinder Morgan Expects Solid Growth in ’02 Fueled by KMP

With all of its business segments contributing, Kinder Morgan Inc. (KMI) Wednesday reported a 51% increase in first quarter earnings, with net income up 56%. The returns were fueled by a 39% earnings increase of KMI’s general partner Kinder Morgan Energy Partners LP (KMP), which is expected to lead the Houston-based midstream company on a path toward double-digit earnings growth this year.

April 22, 2002

El Paso Case, CA Market Problems Tackled at House Hearing

In a congressional hearing that featured a thorough review of the El Paso market manipulation case and all the issues contributing to the serious natural gas market malfunction last year in California, FERC Chairman Pat Wood told a House Government Reform subcommittee chaired by Doug Ose (R-CA) that he does not see a need for new legislation.

October 17, 2001