Expectations

BP plc on Tuesday beat Wall Street’s earnings expectations in 1Q2010 by more than doubling adjusted profits from a year ago, but the positive news was overwhelmed by the company’s Gulf of Mexico oil spill, which threatens to cut into future operational performance for months to come.

Natural gas and oil industry fundamentals are improving “in stride” with the global economy, and with rising economic expectations, energy market sentiment remains “relatively positive,” industry consultant Ernst & Young LLP reported last week.

Natural gas and oil industry fundamentals are improving “in stride” with the global economy, and with rising economic expectations, energy market sentiment remains “relatively positive,” industry consultant Ernst & Young LLP reported Wednesday.

Natural gas and oil industry fundamentals are improving “in stride” with the global economy, and with rising economic expectations, energy market sentiment remains “relatively positive,” industry consultant Ernst & Young LLP reported Wednesday.

El Paso Exploration & Production (E&P) Co.’s second Eagle Ford Shale well tested at a flow rate and liquids content at the high end of the company’s expectations, the El Paso Corp. subsidiary said Monday.

El Paso Exploration & Production (E&P) Co.’s second Eagle Ford Shale well tested at a flow rate and liquids content at the high end of the company’s expectations, the El Paso Corp. subsidiary said Monday.

After a 21.8-cent futures drop a day earlier that was largely based on a below-expectations storage withdrawal report, it was hardly surprising to see prices drop across the board Friday, even with colder temperatures returning to some areas during the weekend.

After a 21.8-cent futures drop a day earlier that was largely based on a below-expectations storage withdrawal report, it was hardly surprising to see prices drop across the board Friday, even with colder temperatures returning to some areas during the weekend.

President Obama’s speech to the nation’s top business leaders last Wednesday fell short of expectations that it would unveil incentives to encourage coal-burning power generation facilities to switch to natural gas.