Swaps

U.S. producers have decreased their exposure to natural gas prices and boosted it for oil heading into 2021, which could have a significant impact on the bottom line, according to Raymond James & Associates Inc. Analyst John Freeman said in a note Monday the exploration and production (E&P) companies covered by Raymond James had hedged…

The U.S. Commodity Futures Trading Commission (CFTC) will pursue a reform of swaps trading rules “to fix flawed implementation of regulatory reform,” Chairman J. Christopher Giancarlo told a global forum for derivatives markets in Switzerland last week.

A trio of powerful Democratic senators criticized the Commodity Futures Trading Commission’s (CFTC) recent decision to repropose regulations implementing limits on speculative futures and swaps positions as called for in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

The U.S. Commodity Futures Trading Commission voted unanimously Monday to propose a rule that would apply the Commission’s margin requirements for uncleared swaps in the context of cross-border transactions.

The U.S. Commodity Futures Trading Commission voted unanimously Monday to propose a rule that would apply the Commission’s margin requirements for uncleared swaps in the context of cross-border transactions.

A swap product definition rule approved nearly two years ago by the Commodity Futures Trading Commission (CFTC), and particularly the final prong of a seven-part test used to determine if forward contracts with embedded optionality are subject to swaps requirements, need to be clarified or repealed, according to energy industry representatives.

The Commodity Futures Trading Commission (CFTC) is expected to release within a few weeks a new and improved rule to restrict excessive speculation in the swaps market, said CFTC Commissioner Bart Chilton Wednesday.

Investors apparently approved of Philadelphia-based Atlas Resource Partners LP’s deal to acquire 277 Bcfe of proved reserves, including undeveloped drilling locations, in the Barnett Shale from Carrizo Oil & Gas. Atlas shares closed up 32% Friday following the deal’s announcement.

Southwestern Energy Co. said it will spend slightly less next year in the Fayetteville Shale while it nearly doubles spending in the Marcellus Shale in Pennsylvania. Overall, Southwestern’s 2012 capital program is pegged at $2.3 billion, up from about $2.1 billion in 2011. Production is expected to climb about 15% from this year.