A coalition of New York landowners that supports natural gas development are blasting the administration of Gov. Andrew Cuomo for what may be additional delays in promulgating rules governing drilling and high-volume hydraulic fracturing (HVHF) in the state.
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Articles from Flee
Nicor Investors Flee Stock Following 2Q Announcements, Dynegy also Affected
Nicor Inc. saw its stock price nearly cut in half Friday morning after reporting a slew of bad news, some of which also spilled over on Dynegy Inc., a joint venture partner. Nicor, long considered a stable old-line utility investment, stunned the market by reversing all of its first quarter earnings and excluding all of its second quarter earnings for a rate program used by subsidiary Nicor Gas, which contributed to a 36% drop in second quarter earnings. The board of directors in turn moved into action, appointing a special, independent committee to investigate the subsidiary’s natural gas purchases, sales, transportation and storage.
July 29, 2002
Nicor Investors Flee Stock Following 2Q Announcements, Dynegy also Affected
Nicor Inc. saw its stock price nearly cut in half Friday morning after reporting a slew of bad news, some of which also spilled over on Dynegy Inc., a joint venture partner. Nicor, long considered a stable old-line utility investment, stunned the market by reversing all of its first quarter earnings and excluding all of its second quarter earnings for a rate program used by subsidiary Nicor Gas, which contributed to a 36% drop in second quarter earnings. The board of directors in turn moved into action, appointing a special, independent committee to investigate the subsidiary’s natural gas purchases, sales, transportation and storage.
July 23, 2002
Nicor Investors Flee Stock Following 2Q Announcements, Dynegy also Affected
Nicor Inc. saw its stock price nearly cut in half Friday morning after reporting a slew of bad news, some of which also spilled over on Dynegy Inc., a joint venture partner. Nicor, long considered a stable old-line utility investment, stunned the market by reversing all of its first quarter earnings and excluding all of its second quarter earnings for a rate program used by subsidiary Nicor Gas, which contributed to a 36% drop in second quarter earnings. The board of directors in turn moved into action, appointing a special, independent committee to investigate the subsidiary’s natural gas purchases, sales, transportation and storage.
July 23, 2002
Shareholders Continue to Flee from Enron; Stock Falls to $9.67
No news would be good news for Enron Corp., but that wasn’t the case again on Tuesday, as its stock fell to lows not seen in about a decade. Although in better times being named the most actively traded stock would be a bonus, Enron probably would have liked to have heard otherwise, and by the time the New York Stock Exchange had closed, more than 20 million shares had changed hands to close at $9.67.
November 7, 2001
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