Energy

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Chesapeake Upbeat on Earnings, Investors Not So Much

Chesapeake Energy earnings were mostly in line with expectations, but the company's production outlook has been lowered, partly as a result of asset sales, and that could endanger revenue and profits for the rest…

Paul Ausick · 8 years ago

Earnings Are Not BP’s Biggest Story

BP on Tuesday reported profits that beat the consensus estimate but fell short on revenues. Higher oil prices and better refining margins carried the day.

Paul Ausick · 8 years ago

Oil Patch Briefs: BP Buying, Chesapeake Selling

Two major energy patch transactions were announced Friday morning. BP paid $10.5 billion for shale assets in Texas and Louisiana while Chesapeake sold assets in Ohio for around $2 billion.

Paul Ausick · 8 years ago

Natural Gas Price Turns Higher on Small Storage Increase

The U.S. natural gas stockpile added 24 billion cubic feet last week, well short of estimates. The Energy Information Agency is predicting that this year's injection season will come up about 10% below the…

Paul Ausick · 8 years ago

Crude Oil Price Jumps on Large Inventory Drawdown

The U.S. crude oil stockpile fell by more than 6 million barrels last week, more than double the expected drop. Gasoline inventories also posted a much larger-than-expected drop.

Paul Ausick · 8 years ago

Bloom Energy Rocks Into IPO

Electric power generation platform provider Bloom Energy is FINALLY public. Better late than never.

Jon C. Ogg · 8 years ago

Pipeline MLPs Get a Reprieve on Taxes

A proposed rule on tax collections and payments last March threatened the vitality, if not the existence, of the pipeline infrastructure companies organized as master limited partnerships. The companies caught a break last week.

Paul Ausick · 8 years ago