Mirrored

North American E&Ps See Natural Gas Output Falling

North American E&Ps See Natural Gas Output Falling

A group of North American exploration and production (E&P) companies, which traditionally have mirrored the overall U.S. natural gas output trajectory directionally, is guiding toward an output decline this year, with the large caps forecasting the biggest drop, according to a review by Barclays Capital.

March 21, 2013

‘Loose’ Gas Supply Expected to Fill Storage by End of Injection Season

The natural gas price declines in early July mirrored a broader sell-off in commodities and occurred before bearish data became available, but most of the price adjustments resulted from the “sudden loosening of the supply and demand balance,” which was evident in storage data issued by the Energy Information Administration, Lehman Brothers analysts said Monday. Early in the summer the market appeared tighter than a year earlier, but it’s now “significantly looser” and U.S. inventories are forecast to close the deficit by the end of the injection season.

August 19, 2008

Sempra Reports Flat 2Q Earnings; 56% Increase for 6 Months Results

San Diego-based Sempra Energy Thursday reported second quarter earnings that mirrored the results for the same period last year ($121 million, or 52 cents/diluted share, compared to $116 million, or 55 cents/share in the second quarter of 2003), but for the first six months of the year, profits were up 56% to $318 million, or $1.37/diluted share, compared to $204 million, or 98 cents/share, for the first half of 2003.

August 9, 2004

Sempra Reports Flat 2Q Earnings; 56% Increase for 6 Months Results

San Diego-based Sempra Energy Thursday reported second quarter earnings that mirrored the results for the same period last year ($121 million, or 52 cents/diluted share, compared to $116 million, or 55 cents/share in the second quarter of 2003), but for the first six months of the year, profits were up 56% to $318 million, or $1.37/diluted share, compared to $204 million, or 98 cents/share, for the first half of 2003.

August 6, 2004