All Posts Tagged With: "XTO"
(RDSA) Royal Dutch Shell Picks Up East Resources
Energy major Royal Dutch Shell Plc. (RDSA) has agreed to acquire natural gas explorer East Resources Inc. for about $4.7 billion in cash. The transaction, which is expected to close following customary regulatory...
(XTO) XTO Energy’s Earnings Report Beats on Volume Gains
Natural gas producer XTO Energy’s (XTO) first quarter results came in better than expected, primarily due to a rise in production volumes. Earnings per share, excluding non-cash derivative fair value gain,...
(XTO) XTO Energy Analyst Maintains Neutral Rating
We are maintaining our Neutral recommendation on XTO Energy Inc. (XTO) with a target price of $51.
XTO remains well positioned to provide another strong performance on the back of its impressive portfolio...
($XTO) Natural Gas Inventory Begins to Build
The federal government’s Energy Information Administration (EIA) reported an in-line increase in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 11 billion cubic feet (Bcf) for the week ended Mar. 19, 2010.
The current storage...
(DVN) Energy Information Administration Reports Gas Prices Drop on Supply – Weather
The federal government’s Energy Information Administration (EIA) reported an in-line decline in natural gas supplies. Stockpiles held in underground storage in the lower 48 states fell by 111 billion cubic feet (Bcf) for the week ended Mar. 5, 2010.
The inventory...
(BP) BP Plc Deals With Lewis Energy Group For U.S. Shale Gas
UK super major BP Plc. (BP) intends to make a deal with privately held Lewis Energy Group for the expansion of its U.S. shale-gas operations, as per news published in upstreamonline.com. The transaction value...
(BP) EIA Report Shows Steady Cold Has Trimmed Gas Supplies
The federal government’s Energy Information Administration (EIA) reported an in-line decline in natural gas supplies. Stockpiles held in underground storage in the lower 48 states fell by 172 billion cubic feet (Bcf) for the week ended Feb. 19, 2010.
The inventory...
($BP) Natural Gas Down on Weather Worries
The federal government’s Energy Information Administration (EIA) reported an in line decline in natural gas supplies. Stockpiles held in underground storage in the lower 48 states fell by 190 billion cubic feet (Bcf) for the week ended Feb. 12, 2010.
The inventory...
(CAT) The U.S. Trade Deficit Rose in December
The U.S. Trade Deficit rose in December to $40.18 billion from $36.39 billion in November, $33.39 billion in October and slightly below the $41.86 billion deficit a year ago. This was a very disappointing number since the consensus expectations were for the...
($BP) Energy Information Administration Natural Gas Down Due to Weather
In its weekly release, the Energy Information Administration (EIA) reported a slightly larger-than-expected 266 billion cubic feet (Bcf) drop in natural gas supplies for the week ended Jan. 8, 2010. The inventory decline was the sixth in as many weeks and significantly exceeded...
($BP) Natural Gas Stocks Dip to Match Forecasts
The federal government’s Energy Information Administration (EIA) reported an in line decline in natural gas supplies. Stockpiles held in underground storage in the lower 48 states fell by 153 billion cubic feet (Bcf) for the week ended Jan 1. The inventory decline was the...
($BP) Natural Gas Storage Supplies Drop Again
In its weekly release, the Energy Information Administration (EIA) reported a 124 billion cubic feet (Bcf) decline in natural gas supplies for the week ended December 25, 2009. The inventory decline, though smaller-than-expected, was the fourth in as many weeks. This has finally...
(XOM) Reviewing ExxonMobil’s $41 Billion Purchase Of XTO Energy
Tony Daltorio, Investment U Research
Over the past three years, small domestic independent oil and natural gas producers have increased US natural gas supplies from an estimated 30 years’ supply to 100 years’ worth, thanks to techniques they developed that help...
(UPL) Ultra Petroleum Corporation Adds Properties to Marcellus Shale Region
Natural gas producer Ultra Petroleum Corporation (UPL) has agreed to buy additional properties in the Marcellus Shale region of Pennsylvania from an unnamed private company for $400 million. The deal, which...
(CVX) Energy and Infrastructure 2010 Forecast: A Key Year Looms – Here Are the Firms That Can Profit
by David Fessler, Energy and Infrastructure Expert
Friday, December 18, 2009:...
(CVX) Chevron Wins Poland Shale Exploration License
Chevron Corp. (CVX) – the second-biggest U.S. oil company – gained an exploration license in Poland to search for natural gas in the country’s southeastern region, in the vicinity of the city of Zamosc.
Covering...
(XOM) Industrial Production and Capacity Utilization Rises
This morning, the Federal Reserve released its report on Industrial Production and Capacity Utilization. Both rose more than expected.
This is a far more important report than the amount of attention it tends to get in the press. Think of the capacity utilization numbers...
(COG) Top Performer for Mon: Cabot Oil & Gas – Zacks #1 Rank Top Performers
With shares gaining by approximately 8% on Monday, Cabot Oil & Gas Corporation (COG) begins the week as one of the top-performing Zacks #1 Rank companies. COG is certainly gaining a good deal of ground...
(XOM) Exxon’s Purchase is a Vote of Confidence in Natural Gas
I try not to get overly excited about M&A announcements, but today’s major transaction in the energy space deserves all the attention that it is getting. My enthusiasm for Exxon‘s (XOM) acquisition...
(XOM) ExxonMobil Acquiring XTO Energy
With a bullish view on natural gas prospects, the world’s largest publicly traded oil company ExxonMobil Corporation (XOM) will buy XTO Energy (
14Dec2009 | vitalstocks | 0 comments | Continued(XTO) Natural Gas Prices Up on Huge EIA Drawdown
The federal government’s Energy Information Administration (EIA) reported a bigger-than-expected decline in natural gas supplies. Stockpiles held in underground storage in the lower 48 states fell by 64 billion cubic feet (Bcf) for the week ended December 4. The large inventory...
(XTO) Natural Gas Stockpiles Up Slightly
Last week, the federal government’s Energy Information Administration [EIA] reported a lower-than-expected rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 2 billion cubic feet (Bcf) for the week ended November 20.
This...
(UPL) Ultra Petroleum Corporation’s Earnings Impress
Natural gas producer Ultra Petroleum Corporation’s (UPL) third quarter results came in better than expected, primarily due to increased production. Earnings per share, excluding...
(XTO) XTO Energy Tops Expectations on Record Production
Natural gas producer XTO Energy’s (XTO) third quarter results came in better than expected, primarily due to rise in production volumes. Earnings per share, excluding non-cash derivative fair value loss,...
(XTO) Natural Gas Storage at New All-Time High
Last Thursday, we received a mildly bearish report from the federal government’s Energy Information Administration [EIA], showing a higher-than-expected rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 58 billion cubic feet...
(XTO) Natural Gas Storage Hits New High
In its weekly release yesterday, the Energy Information Administration [EIA] reported a bigger-than-expected 69 billion cubic feet (Bcf) addition to natural gas stockpiles for the week ended October 2.
This takes the current storage level to a new record high of 3.66...
(XTO) Natural Gas Inventory Builds at Slower Pace
Yesterday, we received a mildly positive report from the federal government’s Energy Information Administration (EIA), showing a less-than-expected rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 66 billion cubic feet (Bcf)...
(XTO) Natural Gas Inventories Rise Less Than Expected
In its weekly release yesterday, the Energy Information Administration (EIA) reported a less-than-expected 69 billion cubic feet (Bcf) weekly addition to natural gas stockpiles for the week ended September 4.
This takes the current storage level to 3.39 trillion cubic...
($XTO) Natural Gas Stockpiles Expand
Yesterday, in its weekly release, the federal government’s Energy Information Administration (EIA) reported another rise in natural gas supplies. Stockpiles held in underground storage in the lower 48 states rose by 65 billion cubic feet (Bcf) for the week ended August 28.
This...
($XTO) EIA-Reported Supply Glut Pressuring Natural Gas
In its weekly release yesterday, the Energy Information Administration (EIA) reported a bigger-than-expected 54 billion cubic feet (Bcf) weekly addition to natural gas stockpiles for the week ended August 21. This takes the current storage level to 3.26 trillion cubic feet...