Turnaround

Chesapeake Attempts to Pare Short-Term Debt

Stung by low natural gas prices and the slower-than-anticipated turnaround to more lucrative liquids targets, Chesapeake Energy Corp. is selling $2.3 billion in senior notes in three separate series due in 2016, 2021 and 2023 to pare more expensive debt that matures this year.

March 20, 2013

BP Bests Profit Expectations

BP plc last week reported better-than-expected profits in 3Q2012, a big turnaround from the previous quarter’s losses.

November 5, 2012

BP Beats Profit Expectations

BP plc on Tuesday reported better-than-expected profits in 3Q2012, a big turnaround from the previous quarter’s losses.

October 31, 2012

San Juan’s Mancos Generates Some Excitement

Calgary-based Encana Corp. and Denver-based Bill Barrett Corp. are stirring up interest in New Mexico’s San Juan Basin, where they are working separately with area drillers to explore in the Mancos Shale.

September 19, 2012

People, Not Government, Seen as Key to Energy Independence

The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience last Wednesday.

February 27, 2012

People, Not Government, Seen as Key to Energy Independence

The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience Wednesday.

February 23, 2012

Industry Experts Eye Road to Energy Independence

The shale revolution — first in natural gas and then in oil — has placed the United States at the beginning of an energy system turnaround in the 21st century; however, if the country is to benefit from its new-found energy wealth, government will have to get out of the way, John Hofmeister, founder and CEO of Citizens for Affordable Energy, told a Houston audience Wednesday.

February 23, 2012

Only a Couple of Points Still Seeing Small Dips

Prices were close to a complete turnaround Wednesday from the declines at nearly all points that had begun the week’s trading. Only three Gulf Coast drops of a couple of pennies were left out of flat or higher numbers elsewhere.

November 17, 2011

McMoRan Sees Potential in GOM Shelf Discoveries

Incremental acquisitions in the Gulf of Mexico (GOM) weren’t enough to lift McMoRan Exploration Co.’s earnings or production in 2010, but there are signs of a turnaround in 2011, the New Orleans-based operator said last week.

January 24, 2011

McMoRan’s Offshore Drilling Costs Impact Earnings

Incremental acquisitions in the Gulf of Mexico (GOM) weren’t enough to lift McMoRan Exploration Co.’s earnings or production in 2010, but there are signs of a turnaround in 2011, the New Orleans-based operator said Tuesday.

January 19, 2011
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