Profitable

Consol Expects ‘Sweet Spots’ in Utica

The Utica Shale could be more profitable than the Marcellus Shale, but it could also prove to be more challenging, a Consol Energy Inc. executive suggested at a conference in Pittsburgh on Thursday.

October 21, 2011

Banker: Contrarians Should Think Conventional

Breakeven shale play economics in a low-gas price environment have driven a migration to liquids-rich and oil plays. “Being in liquids is not only cool; it’s profitable,” an investment banker said in Houston last week. “You can produce gas even if you don’t make money on the gas because the liquids are worth so much more.” But maybe now is the time to be a contrarian, she suggested.

May 23, 2011

Banker: Savvy Contrarians Should Think Conventional

Breakeven shale play economics in a low-gas price environment have driven a migration to liquids-rich and oil plays. “Being in liquids is not only cool; it’s profitable,” an investment banker said in Houston Tuesday. “You can produce gas even if you don’t make money on the gas because the liquids are worth so much more.” But maybe now is the time to be a contrarian, she suggested.

May 18, 2011

El Paso: Eagle Ford Value Worth Developing Alone

El Paso Corp. has decided to go solo to develop its profitable Eagle Ford Shale acreage, scuttling plans to take on a joint venture (JV) partner.

April 18, 2011

El Paso: Eagle Ford Value Worth Developing Alone

El Paso Corp. has decided to go it alone in developing its profitable Eagle Ford Shale acreage and has scuttled plans to take on a joint venture (JV) partner.

April 15, 2011

ConocoPhillips Priorities: Oily Shales, Oilsands, LNG

To advance more profitable North American shale and oilsands projects, as well as Australian liquefied natural gas (LNG) plans, ConocoPhillips said last week it will sell up to $20 billion of its properties over the next two years, double the amount it set for sale in late 2009.

March 28, 2011

ConocoPhillips Priorities: Oily Shales, Oilsands, LNG

To advance more profitable North American shale and oilsands projects, as well as Australian liquefied natural gas (LNG) plans, ConocoPhillips will sell up to $20 billion of its properties over the next two years, double the amount it set in late 2009.

March 24, 2011

Gas and Coal — They Go Together, Says Consol Energy

Consol Energy Inc. and Dominion announced a deal last week that will catapult Consol Energy to the “largest, most profitable Appalachian gas producer” and put it in the upper tier of unconventional gas reserves holders.

March 29, 2010

El Paso Wants to Close Gap Between Intrinsic Value, Share Price

El Paso Corp. last week reported its fourth straight profitable quarter, the longest stretch since 2000, but the news received a mixed reaction from analysts and shareholders.

March 3, 2008

El Paso’s Earnings Report Draws Mixed Reaction

El Paso Corp. reported its fourth straight profitable quarter on Tuesday, the longest stretch since 2000, but the news received a mixed reaction from analysts and shareholders.

February 27, 2008