Quarterly

Fewer Bids Cast at BLM’s Utah Lease Sale

Only about half of the parcels offered at the Bureau of Land Management’s (BLM) Utah office quarterly oil and natural gas lease sale were sold Monday and the average bid was down sharply, the government agency said.

March 26, 2009

El Paso’s Earnings Skyrocket; Belt-Tightening Planned for 2009

El Paso Corp.’s quarterly earnings surged 190%, and in spite of the two Gulf Coast hurricanes that impacted operations in September, the pipeline group and the exploration and production (E&P) unit posted solid returns.

November 10, 2008

El Paso’s Earnings Skyrocket; Belt-Tightening Planned for 2009

El Paso Corp. Thursday reported a 190% surge in quarterly earnings, and in spite of the two Gulf Coast hurricanes that impacted operations in September, the pipeline group and the exploration and production (E&P) unit posted solid returns.

November 7, 2008

Chevron Earnings Up 112%; Domestic Production Down 15.6%

Chevron Corp. Friday posted a 112% rise in quarterly net income, its second straight quarter reporting record high earnings, but saw domestic natural gas production and worldwide production of gas and oil continue to decline.

November 3, 2008

Chevron Earnings Up 112%; Domestic Production Down 15.6%

Chevron Corp. Friday posted a 112% rise in quarterly net income, its second straight quarter reporting record high earnings, but saw domestic natural gas production and worldwide production of gas and oil continue to decline.

November 3, 2008

Financial Crisis Crimps Xcel Earnings

In reporting decreased quarterly profits for the third quarter last Thursday, Xcel Energy CFO Ben Fowke said the global credit and liquidity crisis has begun to impact Xcel’s utility operations spread across eight states. Residential and some small commercial sales are beginning to lag.

October 27, 2008

Financial Crisis Crimps Xcel Earnings

In reporting decreased quarterly profits for the third quarter Thursday, Xcel Energy CFO Ben Fowke said the global credit and liquidity crisis has begun to impact Xcel’s utility operations spread across eight states. Residential and some small commercial sales are beginning to lag.

October 24, 2008

EnCana Sees Triple-Digit Production Gains in Deep Bossier

Strong natural gas prices and increased gas output pushed EnCana Corp.’s quarterly results ahead of expectations. Key resource plays across North America, including triple-digit gains from its Deep Bossier gas play in East Texas, lifted total output by 17%.

July 28, 2008

EnCana Sees Triple-Digit Production Gains in Deep Bossier Gas Field

Strong natural gas prices and increased gas output pushed EnCana Corp.’s quarterly results ahead of expectations. Key resource plays across North America, including triple-digit gains from its Deep Bossier gas play in East Texas, lifted total output by 17%.

July 25, 2008

E&Ps Seen Topping Quarterly Estimates

As the energy sector lines up to begin issuing its quarterly reports in the coming weeks, North American-based exploration and production (E&P) companies are expected to top earnings estimates because of higher oil and natural gas prices. In the second quarter, which ended June 30, crude oil futures jumped almost 40% and gas futures rose almost 30%.

July 21, 2008
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