Enterprise Products Partners LP capped the last decade with another quarter of operational records in each of its business segments as well as a new high in income for 2019.
Earnings
Articles from Earnings
NGI The Weekly Gas Market Report
Chevron Plans to ‘Win in Any Environment,’ CEO Promises, as 4Q Writedowns Total $10.4B
Record production from the Permian Basin and a bevy of oil and natural gas projects worldwide was not enough to stanch the decline in commodity prices during the final quarter, as Chevron Corp. recorded a $10.4 billion impairment for assets that included the Appalachia portfolio, a natural gas export facility planned for British Columbia and a deepwater Gulf of Mexico project.
NGI The Weekly Gas Market Report
ExxonMobil Sees Positives in LNG Segment but Balancing Global Supply/Demand to Take Time
ExxonMobil’s gambit to increase capital spending to backfill the global natural gas and oil portfolio ran smack dab into bruising commodity prices during the final three months of 2019, but the company is playing the long game, with less focus on short-term commodity cycles, CEO Darren Woods said Friday.
4Q2019 Earnings: Seneca Cuts Appalachian Activity, Turns to DUCs to Keep Volumes Afloat
Seneca Resources Co. LLC plans to again slash spending in response to free falling natural gas prices and lean on an inventory of drilled but uncompleted (DUC) wells in Appalachia to keep production flat in fiscal year (FY) 2021.
NGI The Weekly Gas Market Report
Kinder Morgan CEO Says Gulf LNG on Backburner, But Growth Opportunities Abound
Kinder Morgan Inc. (KMI) has placed the Gulf LNG (liquefied natural gas) export project on the backburner in favor of other growth opportunities, CEO Steve Kean indicated Wednesday during the firm’s analyst day.
NGI The Weekly Gas Market Report
Chevron Plans to ‘Win in Any Environment,’ CEO Promises, as 4Q Writedowns Total $10.4B
Record production from the Permian Basin and a bevy of oil and natural gas projects worldwide was not enough to stanch the decline in commodity prices during the final quarter, as Chevron Corp. recorded a $10.4 billion impairment for assets that included the Appalachia portfolio, a natural gas export facility planned for British Columbia and a deepwater Gulf of Mexico project.
4Q2019 Earnings: Seneca Cuts Appalachian Activity, Turns to DUCs to Keep Volumes Afloat
Seneca Resources Co. LLC plans to again slash spending in response to free falling natural gas prices and lean on an inventory of drilled but uncompleted (DUC) wells in Appalachia to keep production flat in fiscal year (FY) 2021.
4Q2019 Earnings: Appalachia’s CNX Staring ‘Down the Barrel’ of Tough Year Ahead
Appalachian pure-play CNX Resources Corp. on Thursday said it recorded a nearly $500 million impairment on natural gas properties in Pennsylvania during the fourth quarter as commodity prices continued their downward spiral.
NGI The Weekly Gas Market Report
Shell Forecasting LNG Trading Growth Even in ‘Difficult’ Macro Environment
Royal Dutch Shell plc saw its fourth quarter results halved from a year ago in part on a huge U.S. onshore natural gas price-related writedown, and more rough patches likely are ahead, but the global natural gas trading arm is on track to rise above the mayhem, the CEO said Thursday.
4Q2019 Earnings: Appalachia’s CNX Staring ‘Down the Barrel’ of Tough Year Ahead
Appalachian pure-play CNX Resources Corp. on Thursday said it recorded a nearly $500 million impairment on natural gas properties in Pennsylvania during the fourth quarter as commodity prices continued their downward spiral.