Earnings

As its joint senior management had predicted, Tesoro Corp.’s master limited partnership (MLP), Tesoro Logistics LP (TLLP), went on a buying spree Monday, scooping up $700 million in assets in North Dakota and another $400 million in Northern California.

Weatherford International plc reported a big uptick in its North American operations during the third quarter, with revenue rising 12% sequentially, which bodes well for strength across other product service lines going forward, the CEO said Wednesday.

Reflecting low crude oil prices and a weak global economy, General Electric’s (GE) operations showed only modest earnings growth during 3Q2016, with oil/natural gas businesses being the main drag. That could continue in 2017.

Range Resources Corp. turned in a poor second quarter financially, but it continued to drive down costs and find more operational efficiencies to put it in a better position for what management said is an improving natural gas market.

Northeast power generation demand provides more than enough support to advance the Access Northeast project of the Algonquin Gas Transmission and Maritimes & Northeast (M&NE) pipelines, Spectra Energy Corp. CEO Greg Ebel said Wednesday.

Northeast power generation demand provides more than enough support to advance the Access Northeast project of the Algonquin Gas Transmission and Maritimes & Northeast (M&NE) pipelines, Spectra Energy Corp. CEO Greg Ebel said Wednesday.

Anadarko Petroleum Corp. has a big stack of opportunities yet to delineate in the U.S. onshore, including in Colorado’s Denver-Julesburg (DJ) and Permian basins, while costs are coming down as efficiencies are moving up.

Anadarko Petroleum Corp. has a big stack of opportunities yet to delineate in the U.S. onshore, including in Colorado’s Denver-Julesburg (DJ) and Permian basins, while costs are coming down as efficiencies are moving up.

ConocoPhillips, determined to get out of deepwater drilling in the Gulf of Mexico (GOM) and battered by a $1.5 billion 1Q2016 net loss, said Thursday that it would slash its 2016 capital expenditures (capex) budget by $700 million.