Energy executives seem to be feeling more confident about the future, evidenced in recent surveys and sealed by the surge in merger and acquisition (M&A) activity since late 2009.
Feeling
Articles from Feeling
Surge in M&A Activity Lifts U.S. Energy Market Momentum
Energy executives seem to be feeling more confident about the future, evidenced in recent surveys and sealed by the surge in merger and acquisition (M&A) activity since late 2009.
Prices Fall at All Points Due to Weak Weather Load
With the official start of spring only three days away, lack of heating demand softens market.
Prices Fall at All Points Due to Weak Weather Load
With the official start of spring only three days away, lack of heating demand softens market.
Sempra OK with $64M Storage Hit, $740M Wildfire Deal
Everything is relative as evidenced by Sempra Energy senior management feeling good about a $740 million settlement of more than $1.36 billion in lawsuits and writing down another $64 million against second quarter earnings to account for part of an underground natural gas storage project that proved uneconomic.
Sempra Sees Upside in $64M Storage Hit, $740M Wildfire Deal
Everything is relative as evidenced by Sempra Energy senior management feeling good about a $740 million settlement of more than $1.36 billion in lawsuits and writing down another $64 million against second quarter earnings to account for part of an underground natural gas storage project that proved uneconomic. All in all, the San Diego-based energy holding company last Friday posted solid, if reduced, results quarter-over-quarter (see Daily GPI, Aug. 3).
Heat Boosts Midcontinent, West Prices; East Near Flat
Summer has officially gotten under way, and many people are feeling it. With hot weather starting to pervade most of the U.S. except the Northeast and the upper half of the West, prices managed to rally Monday at most points in the Midcontinent and West and saw little change either up or down in the rest of the East.
Goldman: Gas Bounty to Squeeze Coal Demand
Natural gas producers won’t be the only ones feeling pain from the world’s bloated gas supply and anemic recession-driven demand outlook. North American coal producers are poised for a hit as the gas market rebalances on the back of fuel switching from coal to gas for power generation, Goldman Sachs Group Inc. analysts wrote in a recent report.
Goldman: King Coal to Pay for Gas Overabundance
Natural gas producers won’t be the only ones feeling pain from the world’s bloated gas supply and anemic recession-driven demand outlook. North American coal producers are poised for a hit as the gas market rebalances on the back of fuel switching from coal to gas for power generation, Goldman Sachs Group Inc. analysts wrote in a recent report.
Futures Rebound Along With Wall Street
One day after the Dow Jones Industrials recorded one of the largest single-day point losses ever, the feeling on Tuesday was that investors might have gotten a little bit carried away. Bargain hunters rushed to Wall Street and to commodity markets on Tuesday, resulting in significant climbs on the day.