The cash market was up to its old tricks again Monday, ignoring a general lack of hot-weather support and a significantly weaker screen to post moderate gains. Most of the upticks were a dime or less. Rockies points, which had seen the largest declines going into the weekend, rebounded more strongly than others, but several Northeast citygates also saw dime-plus increases.
Emerge
Articles from Emerge
Entergy, Koch Partnering in Gas, Power
A new giant is set to emerge from a venture of New Orleans-basedEntergy Corp. and privately held Koch Industries Inc. Entergy-KochLP will be a North American and European powerhouse in electricityand gas, gas transmission and weather derivatives and will be owned50% by each of its partners. A big focus of the venture will beweather derivatives, of which Koch is a pioneer.
May 1, 2000
Entergy, Koch Partnering in Gas, Power Venture
A new giant is set to emerge from a venture of New Orleans-basedEntergy Corp. and privately held Koch Industries Inc. Entergy-KochLP will be a North American and European powerhouse in electricityand gas, gas transmission and weather derivatives and will be owned50% by each of its partners.
April 25, 2000
Trading Boosts Barrett’s 1Q99 Results
Barrett Resources was one of the few independent producers ableto emerge from the first quarter with an increase in earningscompared to last year and it achieved the growth through gastrading operations. Revenues from Barrett’s trading division soared136% to $176 million in 1Q99 from 1Q98 and the division reported agross profit of $15.1 million compared to $4.9 million for theprior year first quarter. First quarter trading volumes increased156% to 96 Bcf, or about 1.07 Bcf/d. Barrett reported net income of$7.7 million, or 24 cents per diluted share, compared to $6.2million, or 19 cents per diluted share, for 1Q98.
May 6, 1999
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