Walking

Halcon, GeoResources Combo to Create Onshore ‘Resource Powerhouse’

Halcon Resources Corp., run by the former chief of shale powerhouse Petrohawk Energy Corp., and GeoResources Inc. have agreed to merge in a cash-and-stock transaction worth an estimated $1 billion. The combined company would have an onshore portfolio of opportunities across the Midcontinent, with a core area in the Bakken Shale.

April 26, 2012

Sempra Selling Energy Trading JV Interest

With the prospect of walking away with more than $2 billion, Sempra Energy now plans to sell its remaining interest in its joint venture (JV) energy trading business with the Royal Bank of Scotland (RBS), CEO Donald Felsinger said last Thursday. Absent a trading arm, Felsinger said Sempra most likely will build a new program internally around its existing businesses, particularly in the natural gas sector.

March 1, 2010

Sempra Selling Energy Trading JV Interest

With the prospect of walking away with more than $2 billion, Sempra Energy now plans to sell its remaining interest in its joint venture (JV) energy trading business with the Royal Bank of Scotland (RBS), CEO Donald Felsinger said Thursday.

February 26, 2010

Sempra Selling Energy Trading JV Interest

With the prospect of walking away with more than $2 billion, Sempra Energy now plans to sell its remaining interest in its joint venture (JV) energy trading business with the Royal Bank of Scotland (RBS), CEO Donald Felsinger said Thursday.

February 26, 2010

Poor Results Distributed To LDCs, Too

Producers may be walking around barefoot and hungry after thefinancial struggle in 1998, but LDCs’ wallets are thin as well. Theexceptionally warm year cut gas distribution throughputsignificantly and several local distribution companies ended theyear in the red. Average net income declined 10% for 19 gas andcombination utilities that reported earnings last week or the weekprior.

February 1, 1999