Last year saw a transformation at Houston-based Carrizo Oil & Gas Inc. as the company shifted from deriving its revenue mostly from natural gas to an equal reliance upon revenue from oil production, CEO Chip Johnson told financial analysts Tuesday. “We expect this trend to continue for the entire year of 2012 as we become increasingly weighted toward oil production,” he said.
Deriving
Articles from Deriving
Modest Rally at Most Points Unlikely to Last
Prices rallied by mostly small amounts at a majority of points Thursday, deriving support from the previous day’s 9.1-cent screen gain, a smidgen of heating load in the Rockies and areas near the Canadian border, and not much else. Moderate mid-October temperatures dominate much of the weather picture, and evidence continues to mount that storage injection capacity has grown very scarce.
October 19, 2007
Lack of Fundamental Support Stalls Bullish Streak
Cash prices lost the support they had been deriving from strong energy futures Tuesday, and a near-total lack of cooling load in northern market areas appeared to be finally bringing a three-day upward run to a halt. Flat numbers dominated trading, with few points outside the San Juan/Rockies market varying by more than a nickel up or down from unchanged.
June 4, 2003
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