Negatively

A Standard & Poor’s Ratings Services (S&P) analyst on Friday said low natural gas prices have negatively affected gas-weighted operators but those able to pivot to liquids should be able to stumble through 2013, when prices are expected to slightly strengthen.

A Standard & Poor’s Ratings Services (S&P) analyst on Friday said low natural gas prices have negatively affected gas-weighted operators but those able to pivot to liquids should be able to stumble through 2013, when prices are expected to slightly strengthen.

As it goes with producers, so it goes with the midstream: liquids-rich gas is the most desirable to have and to handle, and Boardwalk Pipeline Partners LP’s Boardwalk Field Services LLC is expanding its systems accordingly.

Natural gas development appears to have negatively affected the population size and distribution of wintering mule deer in southwestern Wyoming, but mitigation by producers may be succeeding, a seven-year study has concluded.

Natural gas development appears to have negatively affected the population size and distribution of wintering mule deer in southwestern Wyoming, but mitigation by producers may be succeeding, a seven-year study has concluded.

Issuing its guidance for the company’s first fiscal year with recently acquired North Carolina Natural Gas (NCNG) under its wing, Charlotte, NC-based Piedmont Natural Gas said it expects fiscal year 2004 earnings guidance of between $2.25-2.40 per diluted share.

Peoples Energy earnings soared compared to year-ago results, which were negatively impacted by one-time charges for uncollectible accounts in its Chicago gas distribution business. Net income for its fiscal 2003 third quarter ended June 30 was $8 million, or $0.22/share, compared with $1.3 million, or $0.04/share, for the prior year third quarter. Wall Street analysts had been expecting 26 cents/share, according to Thomson Financial’s First Call.

Columbia Gas of Virginia’s proposed revision of its Rate Schedule TS-1 and TS-2 would negatively affect the way gas is transported, while harming competition within the state, according to concerned customers in a hearing earlier in the month. The hearing on Sept. 3 in front of the Virginia State Corporation Commission (VSCC) found “unanimous opposition” from 15 Columbia customers, according to Compass Energy Services Inc., a marketer affected by Columbia’s action.

Columbia Gas of Virginia’s proposed revision of its Rate Schedule TS-1 and TS-2 would negatively affect the way gas is transported, while harming competition within the state, according to concerned customers in a hearing last week. The hearing held Sept. 3 before the Virginia State Corporation Commission (VSCC) found “unanimous opposition” from 15 Columbia customers, according to Compass Energy Services Inc., a marketer affected by Columbia’s action.