Earnings

TC Energy Exec Says Appalachian Producers Finally ‘Tapping the Brakes’ Amid Natural Gas Price Crunch

TC Energy Exec Says Appalachian Producers Finally ‘Tapping the Brakes’ Amid Natural Gas Price Crunch

TC Energy Corp.’s natural gas producing customers in the Appalachian Basin are taking corrective measures amid low prices and oversupply of the molecule, management said last Thursday.

February 19, 2020

4Q2019 Earnings: Devon Trains 2020 Focus on Permian Delaware

With the Barnett Shale sale completed, Devon Energy Corp. has transformed into a Lower 48 oil-rich powerhouse, with the Permian Basin set to drive performance this year, CEO Dave Hager said Wednesday.

February 19, 2020

4Q2019 Earnings: Lower 48 ‘Big 3’ Unconventionals Deliver for ConocoPhillips

ConocoPhillips, the world’s largest independent, continued last year to drive up volumes from the Lower 48, its largest production segment, as the “Big 3” unconventional assets led the way with healthy increases.

February 4, 2020

4Q2019 Earnings: Lower 48 ‘Big 3’ Unconventionals Deliver for ConocoPhillips

ConocoPhillips, the world’s largest independent, continued last year to drive up volumes from the Lower 48, its largest production segment, as the “Big 3” unconventional assets led the way with healthy increases.

February 4, 2020

4Q2019 Earnings: Lower 48 ‘Big 3’ Unconventionals Deliver for ConocoPhillips

ConocoPhillips, the world’s largest independent, continued last year to drive up volumes from the Lower 48, its largest production segment, as the “Big 3” unconventional assets led the way with healthy increases.

February 4, 2020
Shell Forecasting LNG Trading Growth Even in ‘Difficult’ Macro Environment

Shell Forecasting LNG Trading Growth Even in ‘Difficult’ Macro Environment

Royal Dutch Shell plc saw its fourth quarter results halved from a year ago in part on a huge U.S. onshore natural gas price-related writedown, and more rough patches likely are ahead, but the global natural gas trading arm is on track to rise above the mayhem, the CEO said Thursday.

January 30, 2020
Shell Forecasting LNG Trading Growth Even in ‘Difficult’ Macro Environment

Shell Forecasting LNG Trading Growth Even in ‘Difficult’ Macro Environment

Royal Dutch Shell plc saw its fourth quarter results halved from a year ago in part on a huge U.S. onshore natural gas price-related writedown, and more rough patches likely are ahead, but the global natural gas trading arm is on track to rise above the mayhem, the CEO said Thursday.

January 30, 2020

4Q2019 Earnings: Hess Touts ‘Lean Manufacturing,’ Technology in Driving Down Bakken Costs

Hess Corp. is doing more with less, with the Bakken Shale continuing to drive a significant portion of oil and natural gas production growth at the same time 2019 spending came in lower than expected.

January 29, 2020

4Q2019 Earnings: Hess Touts ‘Lean Manufacturing,’ Technology in Driving Down Bakken Costs

Hess Corp. is doing more with less, with the Bakken Shale continuing to drive a significant portion of oil and natural gas production growth at the same time 2019 spending came in lower than expected.

January 29, 2020

4Q2019 Earnings: Natural Gas Supply, LNG Demand Solid for Long Term, Says Baker Hughes

Recent spot price weakness and fewer sanctions expected this year for export projects have not changed the overall long-term supply and demand picture for liquefied natural gas (LNG), Baker Hughes Co. CEO Lorenzo Simonelli said Wednesday.

January 22, 2020