Solid

Solid reasons exist for bulls not to be discouraged by the current “pricing malaise” in U.S. natural gas markets, according to Deutsche Bank (DB).

Modest softness dominated at a solid majority of locations Friday as outside the Upper Plains and much of the Midwest weekend weather was expected to range from merely cold (a little above freezing) to cool. The relative lack of heating load was reflected in overall pricing.

Public support for a state-imposed tax on natural gas drilling in Pennsylvania’s Marcellus Shale region remains solid, according to the results of a survey of 800 registered voters conducted between Dec. 27 and Jan. 2.

BP plc’s Gulf of Mexico (GOM) assets are a solid part of the portfolio, but the producer will review equipment and procedures before moving forward with any developments, CEO Bob Dudley said last week.

BP plc’s Gulf of Mexico (GOM) assets are a solid part of the portfolio, but the producer plans to review equipment and procedures before moving forward with any developments, CEO Bob Dudley said Tuesday.

Royal Dutch Shell plc last week posted a solid 15% increase in quarterly profits from a year ago, and growth from new natural gas projects helped to lift overall output by 5%.

Royal Dutch Shell plc on Thursday posted a solid 15% increase in quarterly profits from a year ago, and growth from new natural gas projects helped to lift overall output by 5%.

Nexen Inc. on Thursday kicked off the quarterly earnings season with good news: higher profits than anticipated and solid performance from its operating units.

While Pacific Gas and Electric Co. (PG&E) has proven to be a “solid, defensive” investment play in the midst of national and global economic troubles, California’s deep budget crisis raises new challenges, according to PG&E’s CEO Peter Darbee.