Yielded

Solid Gulf Gains Hidden by Broader Decline; Futures Ease

Cash market trading yielded a decline of 2 cents overall Friday, but if the sizable losses on Tennessee and Algonquin are factored out, the physical market scored a 2-cent advance.

March 4, 2013

Market Pummeled By Bin-Busting Storage Report; November Retreats

November natural gas yielded to a larger than anticipated storage report Thursday and settled lower. The magnitude of the storage build caught many by surprise and raises the question of whether production estimates may be understated. At the close November had fallen 5.2 cents to $3.747 and December had retreated 2.6 cents to $4.015. November crude oil added 93 cents to $82.14/bbl.

September 30, 2011

Chesapeake to Spin Off Granite Wash Royalty Trust

Chesapeake Energy Corp. has found another way to fund development for some of its abundant unconventional reserves, this time by launching an initial public offering (IPO) of a royalty trust for properties in the Anadarko Basin.

July 11, 2011

BP’s Corporate Revamp Yields $1B in Savings

BP plc posted a double-digit decline in quarterly profits from a year ago, but natural gas and oil production was up, and a corporatewide operational restructuring yielded $1 billion in cost savings, the company said last week.

May 4, 2009

BP’s Corporate Revamp Yields $1B in Savings

BP plc posted a double-digit decline in quarterly profits from a year ago, but natural gas and oil production was up, and a corporatewide operational restructuring yielded $1 billion in cost savings, the company said Tuesday.

April 29, 2009

Deepwater GOM Yields More Promising Discoveries

The deepwater Gulf of Mexico (GOM) last week yielded two promising discoveries that may hold substantial natural gas and oil reserves.

February 9, 2009

MMS: Central, Eastern Gulf Lease Sales Draw $546M in Bids

The Mineral Management Service (MMS) said Wednesday’s Central and Eastern Gulf of Mexico lease sales yielded more than $546 million in total bids. Record crude oil prices and high natural gas prices led to robust bidding in the two sales, which together could include more than 3.6 Tcf of recoverable natural gas and up to 739 million bbl of recoverable oil, the agency said.

March 21, 2005

MMS: Central, Eastern Gulf Lease Sales Draw $546M in Bids

The Mineral Management Service (MMS) said Wednesday’s Central and Eastern Gulf of Mexico lease sales yielded more than $546 million in total bids. Record crude oil prices and high natural gas prices led to robust bidding in the two sales, which together could include more than 3.6 Tcf of recoverable natural gas and up to 739 million bbl of recoverable oil, the agency said.

March 17, 2005

Moderate Softness Entrenching Itself in Market

Monday’s mixed-but-mostly-lower cash market performance yielded to near-uniform softness Tuesday that nevertheless was generally mild. High comfort levels on storage, moderate weather in virtually all areas and the previous day’s dime drop on the screen constituted a classic trio of factors in falling prices.

April 21, 2004

TXU Will Draw on Unsecured Bank Facilities to Increase Cash by $2.6B

With three hour-plus conference calls over four business days, TXU Corp.’s management team offered assurances that the corporation was liquid and strong. The losses, they kept reminding analysts and investors, were only within its European affiliates. By the end of the week, the Dallas-based corporation appeared to have calmed jittery investors, as management made clear that TXU Europe Ltd. and its entities will always be secondary to the success of the U.S. business.

October 14, 2002
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