Despite charting a net loss for the third quarter, management of contract drilling services provider Patterson-UTI Energy Inc. sees the industry turning a corner as more of its rigs are turning to the right.
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NEB, Canadian Analysts See Lower Prices Through Fall
While Canada’s National Energy Board (NEB) sees continuing low prices for the rest of the summer until the heating season arrives, the Calgary office of Raymond James & Associates has a more brutal assessment involving full storage in the U.S. a full month before the peak season starts.
El Paso Sees ‘Risk’ in Gas Prices for Up to Three Years
El Paso Corp. sees some “risk” in natural gas prices over the next two to three years, and while capital markets have improved, the company’s not yet convinced that it’s a long-term recovery, CEO Doug Foshee said last week.
NEB, Canadian Analysts See Lower Prices Through Fall
While Canada’s National Energy Board (NEB) sees continuing low prices for the rest of the summer until the heating season arrives, the Calgary office of Raymond James & Associates has a more brutal assessment involving full storage in the U.S. a full month before the peak season starts.
El Paso Says ‘Risk’ in Gas Prices for Up to Three Years
El Paso Corp. sees some “risk” in natural gas prices over the next two to three years, and while capital markets have improved, the company’s not yet convinced that it’s a long-term recovery, CEO Doug Foshee said Thursday.
Sempra CEO: Higher Gas Prices, More Supplies Inevitable
In the current mix of global economic doldrums, low wholesale natural gas prices and dampened demand, Sempra Energy CEO Don Felsinger sees just the right alchemy that can turn into higher prices and demand. Those were some of the asides Felsinger offered to financial analysts last Thursday during a Sempra-hosted meeting in New York City.
Analyst: Lift U.S. Gas Prices by Exporting LNG
Just the threat of U.S. exports of liquefied natural gas (LNG) could boost domestic natural gas prices, according to one analyst, who sees a healthy return for the industry on construction of liquefaction plants.
Analyst Suggests U.S. LNG Exports a Possibility
Just the threat of U.S. exports of liquefied natural gas (LNG) could boost domestic natural gas prices, according to one analyst, who sees a healthy return for the industry on construction of liquefaction plants.
Fitch: Pipelines Somewhat Insulated from Downturn
Despite a negative outlook for the U.S. economy in which a 1.2% decline in gross domestic product (GDP) is projected for 2009, Fitch Ratings sees relative stability ahead for natural gas pipelines.
Fitch: Pipelines Stable Despite Downturn
Despite a negative outlook for the U.S. economy in which a 1.2% decline in gross domestic product (GDP) is projected for 2009, Fitch Ratings sees relative stability ahead for natural gas pipelines.