The Senate Wednesday passed by a wide margin a Democratic-Republican amendment that resolves a number of key financial reform issues, including the unwinding of systemically significant financial companies that are on the verge of collapse, but it did not address derivatives trading.
Unwinding
Articles from Unwinding
NGI The Weekly Gas Market Report
Williams’ Earnings Fall 96%, Full-Year Forecast Rises on E&P, Pipe, Midstream
Soaring fuel prices, which slashed the value of unwinding energy trading contracts collapsed Williams’ 3Q earnings by 96%, the company reported Thursday. However, the Tulsa-based company raised its profit forecast for the year on the continued strong performances of its other three major business units: exploration and production (E&P), natural gas pipelines and midstream processing.
Williams’ 3Q Earnings Fall 96%, but Full-Year Forecast Rises on E&P, Pipe, Midstream Performance
Soaring fuel prices, which slashed the value of unwinding energy trading contracts collapsed Williams’ 3Q earnings by 96%, the company reported Thursday. However, the Tulsa-based company raised its profit forecast for the year on the continued strong performances of its other three major business units: exploration and production (E&P), natural gas pipelines and midstream processing.