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Newfield Needs to Show Growth, Says Analyst

Shares of Newfield Exploration Co. (NFX) have taken a beating since the company last week provided its outlook for liquids production growth and announced plans to jettison international assets in favor of U.S. plays. It’s a sign that investors have heard enough talk and are ready to see action.

February 25, 2013
Plan In Hand, Newfield Needs to Execute, Analyst Says

Plan In Hand, Newfield Needs to Execute, Analyst Says

Shares of Newfield Exploration Co. (NFX) have taken a beating since the company last week provided its outlook for liquids production growth and announced plans to jettison international assets in favor of U.S. plays. It’s a sign that investors have heard enough talk and are ready to see action.

February 21, 2013

Trucker Killed in Storage Tank Explosion at EQT Well in West Virginia

A tanker truck driver was killed after a storage tank at an EQT Corp. natural gas well in West Virginia exploded on Friday morning.

February 19, 2013

North Dakota Weighing E&P Legislation

The North Dakota legislature is considering legislation that would impact exploration and production (E&P) companies, including offering incentives to eliminate natural gas flaring at the wellhead.

January 17, 2013

Analyst: Variable U.S. Gas Shale Output Dispels ‘New Normal’

The U.S. natural gas market — and thus, long-term gas prices — won’t be upended because of the unconventional resource “revolution” because marginal costs ultimately determine gas prices, according to Morningstar.

January 16, 2013

QEP Seeking Cash Infusion With New Midstream MLP

QEP Resources Inc. plans to form a master limited partnership (MLP) to support the growth of its midstream business and expects to raise $300-400 million in gross proceeds by selling a minority interest in the MLP, the Denver-based exploration and production (E&P) company said.

January 8, 2013

Plentiful North American Midstream Opportunities Forecast

The North American “shale revolution” is providing infrastructure companies and U.S. master limited partnerships with solid growth opportunities over the next two decades, according to an analysis by Credit Suisse.

December 17, 2012

Plentiful North American Midstream Opportunities Forecast

The North American “shale revolution” is providing infrastructure companies and U.S. master limited partnerships with solid growth opportunities over the next two decades, according to an analysis by Credit Suisse.

December 14, 2012

Northern ‘Disappointed’ with Appeals Court Ruling on Market Rates

A federal appeals court in Washington, DC, Tuesday upheld a FERC order that limited Northern Natural Gas’ exercise of market-rate authority to initial customers of its planned aquifer storage field in Redfield, IA.

November 28, 2012

BG Group Plans to Cut U.S. Drilling

BG Group, whose global expertise is centered around natural gas, on Wednesday said it plans to slash U.S. drilling, as well as other global gas-weighted projects, because of low commodity prices.

November 5, 2012