Dispel

Nymex to Release Report on Gas Futures Market Composition

In an effort to dispel criticism and enlighten the ignorant about what influences natural gas futures prices and volatility, the New York Mercantile Exchange (Nymex) will release a special report sometime this month showing that hedge funds represented less than 10% of the natural gas futures trading volume this year between January and Aug. 31, 2004.

January 10, 2005

Nymex to Release Report in January on Gas Futures Market Composition

In an effort to dispel criticism and enlighten the ignorant about what influences natural gas futures prices and volatility, the New York Mercantile Exchange (Nymex) will release a special report in January showing that hedge funds represented less than 10% of the natural gas futures trading volume this year between January and Aug. 31.

December 30, 2004

Kinder Morgan Officials Dispel Rumors, Tout Companies’ Strength

Kinder Morgan Inc. (KMI) executives spent nearly two hours Thursday assuaging investment analysts and investors about the strength of the company and its master limited partnership (MLP), Kinder Morgan Energy Partners LP (KMP) following two days of pummeling on the stock market that had sent share prices down by as much as 20%.

March 4, 2002

SEC Lands Hard on Ex-Trans Energy Execs for ‘False Statements’

More than a year after West Virginia-based Trans Energy was working to dispel bankruptcy rumors, the Securities and Exchange Commission (SEC) has fined the company’s former president and CEO, Loren E. Bagley, and its former vice president and CFO, William F. Woodburn, $20,000 apiece for making false and misleading statements to its investors, including statements about its Chapter 7 bankruptcy.

March 4, 2002

SEC Lands Hard on Ex-Trans Energy Execs for ‘False Statements’

More than a year after West Virginia-based Trans Energy was working to dispel bankruptcy rumors (see Daily GPI, Dec. 29, 2000), the Securities and Exchange Commission (SEC) has fined the company’s former president and CEO, Loren E. Bagley, and its former vice president and CFO, William F. Woodburn, $20,000 apiece for making false and misleading statements to its investors, including statements about its Chapter 7 bankruptcy.

March 4, 2002

Kinder Morgan Officials Dispel Rumors, Tout Companies’ Strength

Kinder Morgan Inc. (KMI) executives spent nearly two hours Thursday assuaging investment analysts and investors about the strength of the company and its master limited partnership (MLP), Kinder Morgan Energy Partners LP (KMP) following two days of pummeling on the stock market that had sent share prices down by as much as 20%.

March 1, 2002

NGSA, AGA Attempt to Dispel Fears of Shortage

Despite concerns to the contrary, there will be enough supply ofnatural gas to meet the demands of customers during the next winterheating season, and the current stratospheric gas prices aren’tgoing to become a “permanent” fixture in the market, according tothe American Gas Association, which represents gas utilities, andthe Natural Gas Supply Association, which represents majorproducers.

July 24, 2000

NGSA, AGA Attempt to Dispel Fears of Shortage

Despite concerns to the contrary, there will be enough supply ofnatural gas to meet the demands of customers during the next winterheating season, and the current stratospheric gas prices aren’tgoing to become a “permanent” fixture in the market, according tothe American Gas Association, which represents gas utilities, andthe Natural Gas Supply Association, which represents majorproducers.

July 20, 2000