Digits

NatGas Prices Gaining on Utility Shift, Says Apache CEO

U.S. natural gas prices may never return to the double digits of yesteryear, but there are “a lot of reasons” to see some upside in pricing going forward, Apache Corp. CEO G. Steven Farris said last week at Sanford Bernstein’s 29th Annual Strategic Decisions Conference 2013.

June 3, 2013

Shift in Generation Mix Helping NatGas Prices, Says Apache CEO

U.S. natural gas prices may never return to the double digits of yesteryear, but there are “a lot of reasons” to see some upside in pricing going forward, Apache Corp. CEO G. Steven Farris said Wednesday at Sanford Bernstein’s 29th Annual Strategic Decisions Conference 2013.

May 31, 2013

Atlas Pipeline NatGas Volumes Jump 63%

Driven by steadily increasing midstream business, Atlas Pipeline Partners LLP’s (APL) natural gas volumes from onshore U.S. plays jumped by double digits in the first three months of this year from a year ago to average 1.03 Bcf/d, the operator said last week.

May 6, 2013

Atlas Pipeline’s Onshore NatGas Volumes Jump 63%

Driven by steadily increasing midstream business, Atlas Pipeline Partners LLP’s (APL) natural gas volumes from onshore U.S. plays jumped by double digits in the first three months of this year from a year ago to average 1.03 Bcf/d, the operator said late Monday.

May 2, 2013

Northeast, California Lead Broad Gains; Futures Flounder

Cash prices overall staged a broad rally Monday with an average gain in the double digits. Northeast and West Coast points were notably strong as power generation was reported as lean and next-day loads were forecast to increase. Gulf and eastern locations were also strong. At the close of trading December futures had fallen 7.1 cents to $3.719 and January had lost 6.7 cents to $3.837. January crude oil vaulted $2.36 to $89.28/bbl.

November 20, 2012

Cash Catches Up to Weak Futures; Most Points Show Double-Digit Losses

All cash points retreated Tuesday with most sliding in double-digits as the physical market caught up with Monday’s late-session slide in futures and adjusted for continued weather moderation for much of March.

February 29, 2012

With XTO as ‘Enabler,’ ExxonMobil’s U.S. Reserves Soar

ExxonMobil Corp.’s oil and gas production volumes had languished before 2010, often in the single digits, as the oil major failed to build a resource base to equal its massive profits. However, that changed last year with the purchase of U.S. shale king XTO Energy Inc. and was proved Thursday when ExxonMobil said its quarterly volumes were up 10% from a year ago.

August 1, 2011

With XTO as ‘Enabler,’ ExxonMobil’s U.S. Reserves Soar

ExxonMobil Corp.’s oil and gas production volumes had languished before 2010, often in the single digits as the oil major failed to build a resource base to equal its profits. However, that changed last year with the purchase of U.S. shale king XTO Energy Inc. and was proved Thursday when ExxonMobil said its quarterly volumes were up 10% from a year ago.

July 29, 2011

Southern Union ‘Hearts’ Williams Counteroffer

Southern Union Co.’s share price on Friday jumped by double-digits after Williams extended a lucrative merger offer to counter one made earlier this month by Energy Transfer Equity LP (ETE).

June 27, 2011

All Points Fall on Light Weather-Based Load

Prices declined, mostly by double digits, across the board Thursday as a relative lack of substantive cooling demand combined with the previous day’s 7.1-cent dip in July futures to bring bearish pressure on the cash market.

June 24, 2011
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