Months after it restructured and emerged from Chapter 11 bankruptcy proceedings, Ultra Petroleum Corp.’s largest shareholder has hired an investment bank to explore “value-maximizing strategic alternatives” for the company.
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EQT Fast-Tracks Plans to Unlock Shareholder Value Ahead of Rice Acquisition
EQT Corp. is accelerating a plan to address shareholder concerns that the stock is trading at a discount to overall value, announcing that a board committee would make recommendations by the end of March.
Williams Says Shareholders Approve ETE Merger, Hints at Lawsuit
Despite a judge’s ruling that could ultimately nix the deal, The Williams Companies Inc. said more than two-thirds of its shareholders voted for the proposed merger with Energy Transfer Equity LP (ETE), according to preliminary results.
ExxonMobil, Climate Advocates in Step, but Rejecting Fossil Fuels ‘Not Acceptable to Humanity,’ Says CEO
ExxonMobil Corp.’s directors were rebuked on Wednesday at the annual meeting when a proxy measure was overwhelmingly approved by shareholders that would allow outsiders to be nominated to the board. The measure, according to proponents, could allow a climate change activist eventually to become a director.
ExxonMobil Shareholders Again Reject Fracking Transparency Measure, OK Board Nominations for Outsiders
ExxonMobil Corp. shareholders achieved a small amount of satisfaction on Wednesday when a proxy measure allowing outsiders to be nominated to the board was approved at the annual meeting, but otherwise, measures that would have required the oil major to be more transparent in its onshore drilling and to change how reserves are reported were soundly rejected.
BP Shareholders Reject Dudley’s Pay Raise; Chairman Says, ‘We Hear You’
BP plc shareholders staged a rare protest at the usually sedate annual meeting in London Thursday, roundly rejecting a decision to increase CEO Bob Dudley’s 2015 compensation by 20%, despite massive job cuts and record losses.
BP Shareholders Reject Dudley’s Pay Raise; Chairman Says, ‘We Hear You’
BP plc shareholders staged a rare protest at the usually sedate annual meeting in London Thursday, roundly rejecting a decision to increase CEO Bob Dudley’s 2015 compensation by 20%, despite massive job cuts and record losses.
Energy Transfer Not Taking ‘No’ From Williams
Energy Transfer Equity LP (ETE) is pushing forward with its effort to buy out Williams (WMB) — in spite of turbulent energy markets and the company’s resistance to a deal, ETE said late Tuesday.
NGI The Weekly Gas Market Report
Energy Transfer Not Taking ‘No’ From Williams
Energy Transfer Equity LP (ETE) is pushing forward with its effort to buy out Williams — in spite of turbulent energy markets and the company's resistance to a deal, ETE said late Tuesday.
ExxonMobil Chief Derides Renewables, Says ‘We Choose Not to Lose Money on Purpose’
ExxonMobil Corp. and Chevron Corp. shareholders on Wednesday defeated resolutions to develop quantitative goals to reduce greenhouse gas emissions and to install environmental experts on their boards.