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U.S. Oil, NatGas Business in Energy Breadbasket Improves Sharply in Second Quarter, Says Dallas Fed

U.S. Oil, NatGas Business in Energy Breadbasket Improves Sharply in Second Quarter, Says Dallas Fed

U.S. oil and natural gas executives saw business activity remarkably improve in Texas, northern Louisiana and southern New Mexico during the second quarter, and most now expect to see higher oil and natural gas prices within a year, the Federal Reserve Bank of Dallas said Wednesday.

June 30, 2016
Natural Gas Basis Falls Into Shoulder-Season Doldrums

Natural Gas Basis Falls Into Shoulder-Season Doldrums

Natural gas basis markets remained in a lull for the second week of March, with prompt-month prices shifting less than five cents at most market hubs, amid forecasts for mostly mild weather across the United States.

March 17, 2015

Poll Finds Most Ohioans Oppose Higher Severance Taxes

A Harris Interactive poll found that most registered voters in Ohio are opposed to higher severance taxes on oil and natural gas, believing such increases would destroy job creation and harm the economy.

April 5, 2013
Poll Finds Strong Support for Fracking in North Carolina

Poll Finds Strong Support for Fracking in North Carolina

A Harris Interactive poll found that 60% of North Carolina voters support the use of hydraulic fracturing (fracking) in their state, and 74% support the Tar Heel State moving forward with offshore oil and natural gas exploration and production.

March 27, 2013

NY Poll Shows Flagging Support For Cuomo, State’s Direction

A Quinnipiac University poll released Tuesday showed that for the first time, Republican voters in New York State have an unfavorable opinion of Gov. Andrew Cuomo, a Democrat who took office two years ago and who is at the forefront of the debate over hydraulic fracturing (fracking).

March 20, 2013

Siena Poll Shows Slight Uptick in Opposition to Fracking in NY

Opposition to hydraulic fracturing (fracking) in New York State has grown slightly, according to a Siena College Research Institute poll released Monday.

March 13, 2013

EOG Boosts Eagle Ford Reserves

EOG Resources Inc. reported a net loss of $505.0 million (minus $1.88/share) during 4Q2012, compared with net income of $120.7 million (45 cents/share) for the preceding fourth quarter. The loss included a large write-down of $849.4 million for Canadian properties. It resulted in full-year 2012 net income of $570.3 million ($2.11/share), down considerably from $1.09 billion ($4.10/share) for the full-year 2011.

February 18, 2013

Goldman: Target Upside for 16 Energy Companies

Goldman Sachs analysts recently published their list of the top 40 undervalued stocks and 40% of them were energy-related. Chesapeake Energy Corp. was the only energy stock listed of 25 others “that people expect to fail.”

January 14, 2013
Poll: Ohioans Back Severance Taxes, Especially if Income Taxes Cut

Poll: Ohioans Back Severance Taxes, Especially if Income Taxes Cut

A poll shows a majority of Ohio voters support new severance taxes on hydraulic fracturing (fracking) and natural gas liquids (NGL), especially if the revenue raised is used to cut state income taxes, an idea proposed by Gov. John Kasich.

December 28, 2012

Hedge Fund Seeks Ouster of SandRidge Energy Board

Hedge fund TPG-Axon Capital, one of SandRidge Energy’s largest investors, continues to push for changes at the Oklahoma City-based exploration and production company, calling for the replacement of SandRidge’s entire board of directors.

December 27, 2012
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