Profits

Lower Natural Gas, Oil Prices Weighing on 3Q2019 Profits, Says ExxonMobil

A sequential decline in global natural gas and oil prices during 3Q2019 is expected to impact quarterly profits for ExxonMobil Corp.

October 2, 2019

Chesapeake Readies New Strategy with Growing Output

Chesapeake Energy Corp., with a new CEO leading the way, is beginning a new era for the company as well, moving away from spending to secure big leaseholds in the onshore to living within its cash flow.

August 2, 2013

Decision: Gas Producers Can Hold Marcellus Lease With Shallow Drilling

Natural gas producers don’t owe a duty to develop each and every “economically exploitable strata” under a landowner’s property, the Pennsylvania Superior Court ruled last month.

July 2, 2013

Hess Driven by Bakken, Encouraged by Utica

The Bakken Shale, Hess Corp.’s “principal engine of growth.” averaged 65,000 boe/d in the first three months of this year, an increase of 55% from a year ago, the CEO told investors on Wednesday.

April 26, 2013

Kinder Poised for LNG Exports

Kinder Morgan Inc. (KMI) subsidiaries propelled the midstream giant to big profits during the first quarter of 2013, allowing it to raise the quarterly dividend 19% and aligning it for more than $12 billion of expansion and joint venture (JV) projects across North America.

April 22, 2013

Kinder Morgan Subsidiaries Help Company Rake in 1Q Profits

Subsidiaries of Kinder Morgan Inc. (KMI) propelled the company to big profits during the first quarter of 2013, allowing it to raise its quarterly dividend 19% and aligning it for more than $12 billion of expansion and joint venture (JV) projects across North America.

April 19, 2013

KMI Rakes in 1Q Profits, Offers Thoughts on LNG Exports

Subsidiaries of Kinder Morgan Inc. (KMI) propelled the company to big profits during the first quarter of 2013, allowing it to raise its quarterly dividend 19% and aligning it for more than $12 billion of expansion and joint venture (JV) projects across North America.

April 19, 2013

Northwest in Doldrums; Growth Slow for Avista

With significantly reduced profits for 4Q2012 and all of last year, Spokane, WA-based Avista Corp. senior management pledged Wednesday to better manage costs at its utility and related operations, and to push for more growth initiatives this year, including the spread of natural gas for use in transportation.

February 22, 2013

Gas Boom Nurturing U.S. Fertilizer Industry Growth

U.S. manufacturers of ammonia-based nitrogen fertilizer made with low cost natural gas feedstock are raking in profits and moving ahead with plans to expand domestic operations.

January 17, 2013

Chevron: ‘Notably Higher’ Profits in Fourth Quarter

Chevron Corp. expects to report “notably higher” results for 4Q2012 than profits in the previous three months, management said in an interim update.

January 14, 2013
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