Price

U.S. Policymakers Still Regulating Oil, Gas Like 1970s, Says ExxonMobil Chief

As much as the energy industry's investments in technology are shaping the 21st Century, operators continue to struggle under the weight of policies that are products of 1970s thinking, ExxonMobil Corp. CEO Rex Tillerson said Tuesday.

April 21, 2015

U.S. Policymakers Still Regulating Oil, Gas Like 1970s, Says ExxonMobil Chief

As much as the energy industry’s investments in technology are shaping the 21st Century, operators continue to struggle under the weight of policies that are products of 1970s thinking, ExxonMobil Corp. CEO Rex Tillerson said Tuesday.

April 21, 2015

Analysts Still See Downside; May Called A Penny Lower

May natural gas is expected to open a penny lower Friday morning at $2.67 as observers question Thursday's gains in light of current fundamentals. Overnight oil markets eased.

April 17, 2015

Analysts Still See Downside; May Called A Penny Lower

May natural gas is expected to open a penny lower Friday morning at $2.67 as observers question Thursday’s gains in light of current fundamentals. Overnight oil markets eased.

April 17, 2015
S&P Cuts 2015 Natural Gas Price Assumptions by 75 Cents

S&P Cuts 2015 Natural Gas Price Assumptions by 75 Cents

Standard & Poor’s Ratings Services (S&P) on Thursday lowered its Henry Hub natural gas price assumption to $2.75/MMBtu in 2015, down 75 cents from a forecast in January.

March 27, 2015

U.S. E&Ps Arming For Spring Bank Redeterminations

The pain for U.S. exploration and production (E&P) companies may not be over as commercial banks begin their spring borrowing base redeterminations, which have the potential to reduce debt limits and begin a wave of restructuring, analysts with Raymond James & Associates said Monday.

February 24, 2015

Marathon, EOG Hunker Down, Cutting CapEx, Rigs

Two Houston-based major players in the Eagle Ford and Bakken shale plays said Thursday they are further cutting back on operations this year in light of the oil price crash.

February 20, 2015
North America Oil to ‘Loom Even Larger’ on Global Stage as Prices Strengthen, Says IEA

North America Oil to ‘Loom Even Larger’ on Global Stage as Prices Strengthen, Says IEA

The oil market’s price correction may pause the North American supply “party,” but it won’t bring it to an end as the roaring 2020s kick off an era of even more abundance than earlier forecast, the International Energy Agency (IEA) said Tuesday.

February 10, 2015

North America’s Majors, Independents Bare Knuckled as Earnings Season Begins

The plunge in oil prices, and a lack of support from the natural gas complex, should result in sober forecasts as North America’s producers discuss their expectations for 2015 during upcoming quarterly conference calls. Prognosticators, however, see little reason for optimism until late 2016.

January 23, 2015

Antero Boosted 4Q Production, Added Hedges

Antero Resources Corp. exited 2014 with production averaging a little more than 1 Bcfe/d, exceeding the midpoint of its guidance and demonstrating that it is positioned to handle the downturn in commodity prices, at least through the first part of this year.

January 16, 2015