Reiterated

Huntsman Chemical on Wednesday reiterated its call for tighter natural gas futures price movement limits on the New York Mercantile Exchange (Nymex) and for an investigation into gas prices and the gas market participants on the exchange.

An EnCana spokesman reiterated Thursday that the company is holding off on making any announcements regarding its $1.1 billion Deep Panuke project offshore Nova Scotia, which has been on hold since February, until its previously scheduled update for regulators on Dec. 10. He said it was pure speculation by analysts this week regarding whether the company might decide to connect Deep Panuke to ExxonMobil’s Sable Offshore Energy Project facilities, which are only about 30 miles away, and cancel previous plans to build its own pipeline to the Nova Scotia shore.

Duke Energy on Friday reiterated it plans to meet a 2003 earnings forecast and affirmed that it expects to fully fund its annual dividend. The news sent shares of the Charlotte, NC-based energy company higher than they have been since January, gaining 58 cents to close at $19.53.

Duke Energy on Friday reiterated it plans to meet a 2003 earnings forecast and affirmed that it expects to fully fund its annual dividend. The news sent shares of the Charlotte, NC-based energy company higher than they have been since January, gaining 58 cents to close at $19.53.

Kinder Morgan Inc. (KMI) and Kinder Morgan Energy Partners LP. (KMP) reiterated Tuesday that the companies expect to “meet or beat” 2002 consensus recurring earnings estimates for both the fourth quarter and full-year 2002.

San Francisco-based PG&E Corp. reiterated it expected lenders to its merchant energy unit will continue to forbear the continuing defaults by its multi-billion-dollar nonutility businesses, but if push comes to shove, a bankruptcy filing or charges against last quarter or 2003 earnings eventually could be needed, the energy holding company said in a filing last week with the Securities and Exchange Commission.

San Francisco-based PG&E Corp. reiterated it expected lenders to its merchant energy unit will continue to forbear the continuing defaults by its multi-billion-dollar nonutility businesses, but if push comes to shove, a bankruptcy filing or charges against last quarter or 2003 earnings eventually could be needed, the energy holding company said in a filing Monday with the Securities and Exchange Commission.

Kinder Morgan Inc. (KMI) last week reiterated an earlier third quarter earnings guidance of 63 cents a share, with earnings of $2.64 a share for the year, maintaining a forecast for 34% growth over last year. Kinder Morgan Energy Partners LP (KMP), the master limited partnership, also held to its forecast to earn 45 cents per unit in the third quarter, and $1.83 per unit for the year, which would be a 17% gain over 2001. The forecasts mirror Wall Street expectations.

Kinder Morgan Inc. (KMI) on Wednesday reiterated an earlier third quarter earnings guidance of 63 cents a share, with earnings of $2.64 a share for the year, maintaining a forecast for 34% growth over last year. Kinder Morgan Energy Partners LP (KMP), the master limited partnership, also held to its forecast to earn 45 cents per unit in the third quarter, and $1.83 per unit for the year, which would be a 17% gain over 2001. The forecasts mirror Wall Street expectations.