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	<title>Stock Blog Hub &#187; Newfield Exploration Company</title>
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		<title>(AAPL) A Busy Week Ahead &#8211; Earnings Preview</title>
		<link>http://www.stockbloghub.com/2011/10/17/aapl-a-busy-week-ahead-earnings-preview/85152</link>
		<comments>http://www.stockbloghub.com/2011/10/17/aapl-a-busy-week-ahead-earnings-preview/85152#comments</comments>
		<pubDate>Mon, 17 Oct 2011 15:31:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[8x8 Inc]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Abbott Laboratories]]></category>
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		<category><![CDATA[Alexion Pharmaceuticals Inc]]></category>
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		<category><![CDATA[Alliance Data Systems Corporation]]></category>
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		<category><![CDATA[Altera Corporation]]></category>
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		<category><![CDATA[Amylin Pharmaceuticals Inc]]></category>
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		<category><![CDATA[AO Smith Corporation]]></category>
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		<category><![CDATA[Chipotle Mexican Grill Inc.]]></category>
		<category><![CDATA[CHKP]]></category>
		<category><![CDATA[Cirrus Logic Inc.]]></category>
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		<category><![CDATA[Cohen & Steers Inc.]]></category>
		<category><![CDATA[COHU]]></category>
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		<category><![CDATA[Comerica Incorporated]]></category>
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		<category><![CDATA[Complete Production Services Inc]]></category>
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		<category><![CDATA[Cooper Industries Limited]]></category>
		<category><![CDATA[Core Laboratories NV]]></category>
		<category><![CDATA[Covanta Holding Corporation]]></category>
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		<category><![CDATA[CPWR]]></category>
		<category><![CDATA[CPX]]></category>
		<category><![CDATA[CREE]]></category>
		<category><![CDATA[Cree Inc.]]></category>
		<category><![CDATA[Crown Holdings Inc.]]></category>
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		<category><![CDATA[CSH]]></category>
		<category><![CDATA[CSX]]></category>
		<category><![CDATA[CSX Corporation]]></category>
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		<category><![CDATA[Cubist Pharmaceuticals Inc.]]></category>
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		<category><![CDATA[CYN]]></category>
		<category><![CDATA[Cypress Semiconductor Corporation]]></category>
		<category><![CDATA[CYT]]></category>
		<category><![CDATA[Cytec Industries Inc.]]></category>
		<category><![CDATA[Danaher Corporation]]></category>
		<category><![CDATA[Datalink Corporation]]></category>
		<category><![CDATA[DHR]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[Diamondrock Hospitality Company]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[Dominos Pizza Inc.]]></category>
		<category><![CDATA[DOV]]></category>
		<category><![CDATA[Dover Corporation]]></category>
		<category><![CDATA[DPZ]]></category>
		<category><![CDATA[DRH]]></category>
		<category><![CDATA[DTLK]]></category>
		<category><![CDATA[E*TRADE Financial Corporation]]></category>
		<category><![CDATA[East West Bancorp Inc]]></category>
		<category><![CDATA[EastGroup Properties Inc]]></category>
		<category><![CDATA[EBAY]]></category>
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		<category><![CDATA[EDU]]></category>
		<category><![CDATA[Edwards Lifesciences Corporation]]></category>
		<category><![CDATA[EFII]]></category>
		<category><![CDATA[EGHT]]></category>
		<category><![CDATA[EGP]]></category>
		<category><![CDATA[Electronics for Imaging Inc.]]></category>
		<category><![CDATA[Eli Lilly & Company]]></category>
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		<category><![CDATA[Enzo Biochem Inc]]></category>
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		<category><![CDATA[Equity Lifestyles Properties Inc]]></category>
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		<category><![CDATA[EXPO]]></category>
		<category><![CDATA[Exponent Inc.]]></category>
		<category><![CDATA[F.N.B. Corporation]]></category>
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		<category><![CDATA[FFIN]]></category>
		<category><![CDATA[FHN]]></category>
		<category><![CDATA[Fidelity National Financial Inc]]></category>
		<category><![CDATA[Fifth Third Bancorp]]></category>
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		<category><![CDATA[First Horizon National Corporation]]></category>
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		<category><![CDATA[Gannett Company Inc]]></category>
		<category><![CDATA[Gardner Denver Inc.]]></category>
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		<category><![CDATA[Greenhill & Co Inc.]]></category>
		<category><![CDATA[Grupo Aeroportuario Del Sureste SA de CV]]></category>
		<category><![CDATA[GS]]></category>
		<category><![CDATA[Gulfmark Offshore Inc.]]></category>
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		<category><![CDATA[HA]]></category>
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		<category><![CDATA[Halliburton Company]]></category>
		<category><![CDATA[Hanesbrands Inc.]]></category>
		<category><![CDATA[Hanmi Financial Corporation]]></category>
		<category><![CDATA[HAR]]></category>
		<category><![CDATA[Harley-Davidson Inc.]]></category>
		<category><![CDATA[Harman International Industries Inc]]></category>
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		<category><![CDATA[Hasbro Inc.]]></category>
		<category><![CDATA[Hawaiian Holdings Inc.]]></category>
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		<category><![CDATA[HCBK]]></category>
		<category><![CDATA[HCCI]]></category>
		<category><![CDATA[Heartland Express Inc]]></category>
		<category><![CDATA[Heritage-Crystal Clean Inc]]></category>
		<category><![CDATA[HITT]]></category>
		<category><![CDATA[Hittite Microwave Corporation]]></category>
		<category><![CDATA[HNI]]></category>
		<category><![CDATA[HNI Corporation]]></category>
		<category><![CDATA[HOG]]></category>
		<category><![CDATA[HOMB]]></category>
		<category><![CDATA[Home Bancshares Inc (Conway AR)]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
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		<category><![CDATA[Hubbell Inc B Shares]]></category>
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		<category><![CDATA[ICON plc]]></category>
		<category><![CDATA[ICU Medical Inc]]></category>
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		<category><![CDATA[IDEX Corporation]]></category>
		<category><![CDATA[IDEXX Laboratories Inc.]]></category>
		<category><![CDATA[IDXX]]></category>
		<category><![CDATA[IEX]]></category>
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		<category><![CDATA[Independent Bank Corporation]]></category>
		<category><![CDATA[INFA]]></category>
		<category><![CDATA[Infinera Corporation]]></category>
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		<category><![CDATA[Informatica Corporation]]></category>
		<category><![CDATA[Ingersoll-Rand Company Limited]]></category>
		<category><![CDATA[Insteel Industries Inc.]]></category>
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		<category><![CDATA[ITT Educational Services Inc.]]></category>
		<category><![CDATA[Ixia]]></category>
		<category><![CDATA[JAKK]]></category>
		<category><![CDATA[JAKKS Pacific Inc.]]></category>
		<category><![CDATA[Janus Capital Group Inc.]]></category>
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		<category><![CDATA[JNPR]]></category>
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		<category><![CDATA[Johnson & Johnson]]></category>
		<category><![CDATA[Journal Communications Inc.]]></category>
		<category><![CDATA[JRN]]></category>
		<category><![CDATA[Juniper Networks Inc.]]></category>
		<category><![CDATA[Kansas City Southern]]></category>
		<category><![CDATA[Kayne Anderson Energy Development Company]]></category>
		<category><![CDATA[KCI]]></category>
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		<category><![CDATA[Kensey Nash Corporation]]></category>
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		<category><![CDATA[KeyCorp]]></category>
		<category><![CDATA[Kinder Morgan Energy Partners LP]]></category>
		<category><![CDATA[Kinder Morgan Management LLC]]></category>
		<category><![CDATA[Kinetic Concepts Inc]]></category>
		<category><![CDATA[KMP]]></category>
		<category><![CDATA[KMR]]></category>
		<category><![CDATA[Knight Transportation Inc]]></category>
		<category><![CDATA[KNL]]></category>
		<category><![CDATA[Knoll Inc.]]></category>
		<category><![CDATA[KNSY]]></category>
		<category><![CDATA[KNX]]></category>
		<category><![CDATA[KO]]></category>
		<category><![CDATA[Koninklijke Philips Electronics NV]]></category>
		<category><![CDATA[KSU]]></category>
		<category><![CDATA[Laboratory Corporation of America Holdings]]></category>
		<category><![CDATA[Lacrosse Footwear Inc.]]></category>
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		<category><![CDATA[Lam Research Corporation]]></category>
		<category><![CDATA[Lare Holdings Inc]]></category>
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		<category><![CDATA[Lattice Semiconductor Corporation]]></category>
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		<category><![CDATA[Life Time Fitness Inc.]]></category>
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		<category><![CDATA[Lm Ericsson Telephone Company]]></category>
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		<category><![CDATA[LTM]]></category>
		<category><![CDATA[LUFK]]></category>
		<category><![CDATA[Lufkin Industries Inc.]]></category>
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		<category><![CDATA[M&T Bank Corporation]]></category>
		<category><![CDATA[MAN]]></category>
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		<category><![CDATA[Manhattan Associates Inc.]]></category>
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		<category><![CDATA[McMoRan Exploration Company]]></category>
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		<category><![CDATA[Monarch Casino & Resort Inc.]]></category>
		<category><![CDATA[Monro Muffler Brake Inc.]]></category>
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		<category><![CDATA[Myers Industries Inc.]]></category>
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		<category><![CDATA[NetScout Systems Inc]]></category>
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		<category><![CDATA[New York Community Bancorp Inc]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
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		<category><![CDATA[NVR Inc.]]></category>
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		<category><![CDATA[OceanFirst Financial Corporation]]></category>
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		<category><![CDATA[OMC]]></category>
		<category><![CDATA[Omnicom Group Inc.]]></category>
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		<category><![CDATA[Orbital Sciences Corporation]]></category>
		<category><![CDATA[Pacific Continental Corporation]]></category>
		<category><![CDATA[Packaging Corporation of America]]></category>
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		<category><![CDATA[Parker Hannifin Corporation]]></category>
		<category><![CDATA[Patni Computer Systems Limited]]></category>
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		<category><![CDATA[Penn National Gaming Inc.]]></category>
		<category><![CDATA[Peoples United Financial Inc]]></category>
		<category><![CDATA[PetMed Express Inc.]]></category>
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		<category><![CDATA[Philip Morris International Inc]]></category>
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		<category><![CDATA[Pinnacle Financial Partners Inc]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=85152</guid>
		<description><![CDATA[Earnings Preview 10/14/11 While the earnings season kicked off this past week, only 38 firms reported. The game really gets under way next week, when we will get reports from 336 firms, including 99 members of the S&#38;P 500. Thus, by the end of the week we will have a very good idea of how the overall season will go. Not only will there be a lot of reports, but many of those we get will be very important ones. The table at the end of this report reads like a who’s who of American industry, including: Apple (AAPL), American Express (AXP), Bank of America (BAC), Citigroup (C), General Electric (GE), Goldman Sachs (GS), IBM (IBM), Intel (INTC) and McDonald’s (MCD). And that&#8217;s just the first half of the alphabet! ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/10/17/aapl-a-busy-week-ahead-earnings-preview/85152/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) Denbury Resources Posts an Impressive Second Quarter</title>
		<link>http://www.stockbloghub.com/2011/08/05/dnr-denbury-resources-posts-an-impressive-second-quarter/80703</link>
		<comments>http://www.stockbloghub.com/2011/08/05/dnr-denbury-resources-posts-an-impressive-second-quarter/80703#comments</comments>
		<pubDate>Fri, 05 Aug 2011 18:00:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>
		<category><![CDATA[Pioneer Natural Resources Company]]></category>
		<category><![CDATA[PXD]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=80703</guid>
		<description><![CDATA[Denbury Resources Inc. (DNR) has reported second-quarter 2011 earnings of 37 cents per share (excluding one-time items), beating our expectation of 33 cents. The quarterly result was also well above the year-earlier adjusted earnings of 18 cents, attributable to overall higher price realization, partially offset by lower production. Total revenue jumped 21% to $601.4 million from the year-ago level of $497.2 million and comfortably surpassed the Zacks Consensus Estimate of $550 million. Operational Performance During the quarter, production averaged 64,919 barrels of oil equivalent per day (Boe/d), down 23% year over year. Oil production averaged 59,538 barrels (down 10% from the year-ago level) and natural gas averaged 32,283 thousand cubic feet (down 70%), on a daily basis. Tertiary production in the quarter averaged 30.771 thousand barrels per day (MBbl/d), up ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/08/05/dnr-denbury-resources-posts-an-impressive-second-quarter/80703/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AAPL) 2011 Second Quarter Earnings Preview &#8211; Detailed</title>
		<link>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251</link>
		<comments>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251#comments</comments>
		<pubDate>Mon, 18 Jul 2011 21:09:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[8x8 Inc]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[ABB]]></category>
		<category><![CDATA[ABB Limited]]></category>
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		<category><![CDATA[Advanced Micro Devices Inc.]]></category>
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		<category><![CDATA[Alaska Air Group Inc.]]></category>
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		<category><![CDATA[Albemarle Corporation]]></category>
		<category><![CDATA[Alexion Pharmaceuticals Inc]]></category>
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		<category><![CDATA[Alliance Data Systems Corporation]]></category>
		<category><![CDATA[Altera Corporation]]></category>
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		<category><![CDATA[American Express Company]]></category>
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		<category><![CDATA[Apple Inc.]]></category>
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		<category><![CDATA[Basic Energy Services Inc.]]></category>
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		<category><![CDATA[Boston Scientific Corporation]]></category>
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		<category><![CDATA[Brown & Brown Inc.]]></category>
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		<category><![CDATA[Builders FirstSource Inc]]></category>
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		<category><![CDATA[Cardinal Financial Corporation]]></category>
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		<category><![CDATA[Celanese Corporation]]></category>
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		<category><![CDATA[Charles Schwab Corporation]]></category>
		<category><![CDATA[Check Point Software Technologies Limited]]></category>
		<category><![CDATA[Chicago Bridge & Iron Company N.V.]]></category>
		<category><![CDATA[Chipotle Mexican Grill Inc.]]></category>
		<category><![CDATA[CHKP]]></category>
		<category><![CDATA[Cintas Corporation]]></category>
		<category><![CDATA[Cirrus Logic Inc.]]></category>
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		<category><![CDATA[CMA]]></category>
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		<category><![CDATA[CNS]]></category>
		<category><![CDATA[CoBiz Financial Inc]]></category>
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		<category><![CDATA[Coca-Cola FEMSA S.A.B de CV]]></category>
		<category><![CDATA[Cohen & Steers Inc.]]></category>
		<category><![CDATA[COHU]]></category>
		<category><![CDATA[Cohu Inc]]></category>
		<category><![CDATA[COL]]></category>
		<category><![CDATA[Columbus Mckinnon Corporation]]></category>
		<category><![CDATA[Comerica Incorporated]]></category>
		<category><![CDATA[Complete Production Services Inc]]></category>
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		<category><![CDATA[Cooper Industries Limited]]></category>
		<category><![CDATA[Core Laboratories NV]]></category>
		<category><![CDATA[Covanta Holding Corporation]]></category>
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		<category><![CDATA[Crown Holdings Inc.]]></category>
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		<category><![CDATA[CSX Corporation]]></category>
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		<category><![CDATA[CVB Financial Corporation]]></category>
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		<category><![CDATA[Cymer Inc.]]></category>
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		<category><![CDATA[CYN]]></category>
		<category><![CDATA[Cypress Semiconductor Corporation]]></category>
		<category><![CDATA[CYT]]></category>
		<category><![CDATA[Cytec Industries Inc.]]></category>
		<category><![CDATA[DAL]]></category>
		<category><![CDATA[Danaher Corporation]]></category>
		<category><![CDATA[Datalink Corporation]]></category>
		<category><![CDATA[Delta Air Lines Inc.]]></category>
		<category><![CDATA[DGII]]></category>
		<category><![CDATA[DGX]]></category>
		<category><![CDATA[DHR]]></category>
		<category><![CDATA[Diamond Offshore Drilling Inc]]></category>
		<category><![CDATA[Digi International Inc.]]></category>
		<category><![CDATA[DO]]></category>
		<category><![CDATA[DOV]]></category>
		<category><![CDATA[Dover Corporation]]></category>
		<category><![CDATA[DTLK]]></category>
		<category><![CDATA[E*TRADE Financial Corporation]]></category>
		<category><![CDATA[Eagle Bancorp Inc]]></category>
		<category><![CDATA[East West Bancorp Inc]]></category>
		<category><![CDATA[Eastern Virginia Bankshares Inc]]></category>
		<category><![CDATA[EastGroup Properties Inc]]></category>
		<category><![CDATA[EBAY]]></category>
		<category><![CDATA[eBay Inc.]]></category>
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		<category><![CDATA[Education Realty Trust Inc]]></category>
		<category><![CDATA[Edwards Lifesciences Corporation]]></category>
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		<category><![CDATA[The Cheesecake Factory Incorporated]]></category>
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		<category><![CDATA[Virginia Commerce Bancorp Inc]]></category>
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		<category><![CDATA[W.W. Grainger Inc]]></category>
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		<category><![CDATA[WERN]]></category>
		<category><![CDATA[Werner Enterprises Inc.]]></category>
		<category><![CDATA[WESCO International Inc.]]></category>
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		<category><![CDATA[Westell Technologies Inc]]></category>
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		<category><![CDATA[Whirlpool Corporation]]></category>
		<category><![CDATA[WHR]]></category>
		<category><![CDATA[Wipro Limited]]></category>
		<category><![CDATA[WIT]]></category>
		<category><![CDATA[WNI]]></category>
		<category><![CDATA[WNS]]></category>
		<category><![CDATA[WNS (Holdings) Limited]]></category>
		<category><![CDATA[WSO]]></category>
		<category><![CDATA[WSTL]]></category>
		<category><![CDATA[WYNN]]></category>
		<category><![CDATA[Wynn Resorts Limited]]></category>
		<category><![CDATA[Xerox Corporation]]></category>
		<category><![CDATA[Xilinx Inc.]]></category>
		<category><![CDATA[XLNX]]></category>
		<category><![CDATA[XRX]]></category>
		<category><![CDATA[XXIA]]></category>
		<category><![CDATA[Yahoo! Inc.]]></category>
		<category><![CDATA[YHOO]]></category>
		<category><![CDATA[ZION]]></category>
		<category><![CDATA[Zions BanCorporation]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=79251</guid>
		<description><![CDATA[Earnings Preview 7/15/11 Second quarter earnings season is now under way, but things really start to move into high gear next week. There will be 348 firms reporting, and 108 of those are in the S&#38;P 500. By next Friday we should have a very good handle on how the overall earnings season will go. The firms reporting this week are sort of like a who&#8217;s who of U.S. industry including: Apple (AAPL), American Express (AXP), Bank of America (BAC), Caterpillar (CAT), General Electric (GE), International Business Machines (IBM), Intel (INTC), McDonald&#8217;s (MCD), Schlumberger (SLB) and Verizon (VZ). That is an interesting cross section of U.S. business. We have a relatively light economic data calendar, so earnings should be front and center, along with the sovereign debt situations on both ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/18/aapl-2011-second-quarter-earnings-preview-detailed/79251/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(SNP) China Petroleum and Chemical Corporation-Henan Win Chinese Blocks</title>
		<link>http://www.stockbloghub.com/2011/07/10/snp-china-petroleum-and-chemical-corporation-henan-win-chinese-blocks/78724</link>
		<comments>http://www.stockbloghub.com/2011/07/10/snp-china-petroleum-and-chemical-corporation-henan-win-chinese-blocks/78724#comments</comments>
		<pubDate>Sun, 10 Jul 2011 18:19:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[BP]]></category>
		<category><![CDATA[BP plc]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[China Petroleum & Chemical Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>
		<category><![CDATA[RDSA]]></category>
		<category><![CDATA[Royal Dutch Shell Plc]]></category>
		<category><![CDATA[SNP]]></category>
		<category><![CDATA[StatoilHydro ASA]]></category>
		<category><![CDATA[STO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78724</guid>
		<description><![CDATA[China Petroleum and Chemical Corporation, or Sinopec (SNP) and Henan Provincial Coal Seam Gas Development and Utilization Co. were awarded a shale gas block each by the Chinese government in its first auction of the unconventional gas resource. The auction was initiated last week, offering four blocks to six Chinese companies for the development of its potentially huge unconventional gas resource. Out of these, two blocks –– Nanchuan and Xiushan –– are near the southwestern city of Chongqing. However, bids for the other two blocks were cancelled as they were very few in number. Sinopec has been selected to explore the Nanchuan block, while Henan Coal Seam Gas has been contracted for the Xiushan block. With an area of 2,198 square kilometers (848 square miles), the Nanchuan block includes the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/10/snp-china-petroleum-and-chemical-corporation-henan-win-chinese-blocks/78724/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DNR) Denbury Resources to Get Riley Ridge Unit</title>
		<link>http://www.stockbloghub.com/2011/06/30/dnr-denbury-resources-to-get-riley-ridge-unit/77976</link>
		<comments>http://www.stockbloghub.com/2011/06/30/dnr-denbury-resources-to-get-riley-ridge-unit/77976#comments</comments>
		<pubDate>Thu, 30 Jun 2011 20:36:27 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Cimarex Energy Company]]></category>
		<category><![CDATA[Denbury Resources Inc]]></category>
		<category><![CDATA[DNR]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>
		<category><![CDATA[Pioneer Natural Resources Company]]></category>
		<category><![CDATA[PXD]]></category>
		<category><![CDATA[XEC]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77976</guid>
		<description><![CDATA[Denbury Resources Inc. (DNR) has entered into an agreement to acquire working interests in Riley Ridge Federal Unit located in southwestern Wyoming as well as mineral leases adjoining the Unit from Cimarex Energy Co. (XEC). The total consideration of the transaction, which is expected to close in July, is $191 million. Per the agreement, Denbury plans to take hold of 57.5% working interest in Riley Ridge Federal Unit as well as approximately 33% working interest in 28,000 acres of mineral leases adjoining it. The company plans to fund the deal through borrowings on its existing bank credit facility. Notably, $176 million will be paid at closing and the remaining $15 million when the gas processing facility becomes operational and meets certain performance targets. Located in the prolific LaBarge Field, the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/30/dnr-denbury-resources-to-get-riley-ridge-unit/77976/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(AAPL) Stock Market News for March 28, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/03/28/aapl-stock-market-news-for-march-28-2011-market-news/69961</link>
		<comments>http://www.stockbloghub.com/2011/03/28/aapl-stock-market-news-for-march-28-2011-market-news/69961#comments</comments>
		<pubDate>Mon, 28 Mar 2011 20:14:30 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Computers]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[AAPL]]></category>
		<category><![CDATA[Accenture Limited]]></category>
		<category><![CDATA[ACN]]></category>
		<category><![CDATA[Apple Inc.]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[Finisar Corporation]]></category>
		<category><![CDATA[FNSR]]></category>
		<category><![CDATA[IBM]]></category>
		<category><![CDATA[International Business Machines]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>
		<category><![CDATA[Oracle Corporation]]></category>
		<category><![CDATA[ORCL]]></category>
		<category><![CDATA[Research In Motion Limited]]></category>
		<category><![CDATA[RIMM]]></category>
		<category><![CDATA[TDC]]></category>
		<category><![CDATA[Teradata Corporation]]></category>
		<category><![CDATA[Valero Energy Corporation]]></category>
		<category><![CDATA[VLO]]></category>
		<category><![CDATA[Western Refining Inc.]]></category>
		<category><![CDATA[WNR]]></category>
		<category><![CDATA[XOM]]></category>
		<category><![CDATA[Yahoo! Inc.]]></category>
		<category><![CDATA[YHOO]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69961</guid>
		<description><![CDATA[Investors chose to ride on the positives at home yet again and shrugged off the prolonged global worries as indices rose for the third straight day. Technology stocks drove the markets higher as Oracle posted upbeat results and reports of better-than-expected growth of US economy boosted benchmarks. Global concerns over the Japan crisis, unrest in the Middle East and euro-zone debt worries were overshadowed on Friday, but the volumes remained low suggesting investors’ apprehensions against betting big. The Dow Jones Industrial Average (DJIA) gained 0.4% to close at 12,220.59. The Standard &#38; Poor 500 gathered 0.3% and finished at 1,313.80, while the Nasdaq Composite Index ended at 2,743.06 after posting a gain of 0.2%. The rise came amidst light volumes and the consolidated volumes on the New York Stock Exchange ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/28/aapl-stock-market-news-for-march-28-2011-market-news/69961/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(APC) Stock Market News for March 22, 2011 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2011/03/22/apc-stock-market-news-for-march-22-2011-market-news/69379</link>
		<comments>http://www.stockbloghub.com/2011/03/22/apc-stock-market-news-for-march-22-2011-market-news/69379#comments</comments>
		<pubDate>Tue, 22 Mar 2011 15:00:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Anadarko Petroleum Corporation]]></category>
		<category><![CDATA[APC]]></category>
		<category><![CDATA[AT&T Inc.]]></category>
		<category><![CDATA[BB & T Corporation]]></category>
		<category><![CDATA[BBT]]></category>
		<category><![CDATA[C]]></category>
		<category><![CDATA[Charles Schwab Corporation]]></category>
		<category><![CDATA[Chevron Corporation]]></category>
		<category><![CDATA[Citigroup Inc.]]></category>
		<category><![CDATA[Clearwire Corporation]]></category>
		<category><![CDATA[CLWR]]></category>
		<category><![CDATA[CVX]]></category>
		<category><![CDATA[Exxon Mobil Corporation]]></category>
		<category><![CDATA[JPM]]></category>
		<category><![CDATA[JPMorgan Chase & Company]]></category>
		<category><![CDATA[LEAP]]></category>
		<category><![CDATA[Leap Wireless International Inc]]></category>
		<category><![CDATA[MetroPCS Communications Inc.]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>
		<category><![CDATA[optionsXpress Holdings Inc.]]></category>
		<category><![CDATA[OXPS]]></category>
		<category><![CDATA[PCS]]></category>
		<category><![CDATA[RDC]]></category>
		<category><![CDATA[Rowan Companies Inc]]></category>
		<category><![CDATA[S]]></category>
		<category><![CDATA[SCHW]]></category>
		<category><![CDATA[Sprint Nextel Corporation]]></category>
		<category><![CDATA[T]]></category>
		<category><![CDATA[Us Bancorp]]></category>
		<category><![CDATA[USB]]></category>
		<category><![CDATA[Verizon Communications Inc.]]></category>
		<category><![CDATA[VZ]]></category>
		<category><![CDATA[XOM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=69379</guid>
		<description><![CDATA[Markets ended in the green for the third consecutive day as indices moved higher on Monday, bolstered by bullish sentiments over big ticket mergers and acquisitions. Signs of the nuclear crisis in Japan stabilizing added to the cheer and the Dow crossed its psychological mark of 12,000 for the first time since the nuclear crisis. The Dow Jones Industrial Average (DJIA) crossed the psychological 12,000 mark and closed at 12,036.53 adding 1.5%. The Standard &#38; Poor 500 (S&#38;P 500) also gained 1.5% to end at 1,298.38 and the Nasdaq was up 1.8% to finish the day at 2,692.09. On the New York Stock Exchange consolidated volumes were 4.5 billion shares and for every 5 stocks that advanced, 1 stock was on the declining side. AT&#38;T, Inc. (NYSE:T) confirmed that it ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(WU) Stock Market News for December 13, 2010 &#8211; Market News</title>
		<link>http://www.stockbloghub.com/2010/12/13/wu-stock-market-news-for-december-13-2010-market-news/62161</link>
		<comments>http://www.stockbloghub.com/2010/12/13/wu-stock-market-news-for-december-13-2010-market-news/62161#comments</comments>
		<pubDate>Tue, 14 Dec 2010 06:49:57 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Personal Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[Community Health Systems]]></category>
		<category><![CDATA[CYH]]></category>
		<category><![CDATA[Eastman Kodak Company]]></category>
		<category><![CDATA[EK]]></category>
		<category><![CDATA[F5 Networks Inc.]]></category>
		<category><![CDATA[FFIV]]></category>
		<category><![CDATA[GE]]></category>
		<category><![CDATA[General Electric Company]]></category>
		<category><![CDATA[HON]]></category>
		<category><![CDATA[Honeywell International Inc.]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[Netflix]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFLX]]></category>
		<category><![CDATA[NFX]]></category>
		<category><![CDATA[NYT]]></category>
		<category><![CDATA[ODP]]></category>
		<category><![CDATA[Office Depot]]></category>
		<category><![CDATA[Tenet Healthcare Corporation]]></category>
		<category><![CDATA[THC]]></category>
		<category><![CDATA[The New York Times Company]]></category>
		<category><![CDATA[TYC]]></category>
		<category><![CDATA[Tyco International Limited]]></category>
		<category><![CDATA[Western Union Company]]></category>
		<category><![CDATA[WU]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=62161</guid>
		<description><![CDATA[On Friday, the markets ended slightly higher on positive economic data and better-than-expected rise in consumer sentiment. However, the markets’ upward movement was subdued somewhat due to investors’ cautious attitude towards European debt crisis, tensions between the two Korean nations and apprehensions about the tax-cuts deal agreement. Nonetheless, the upward movement of the markets resulted in the indices gaining their two-year highs. The Dow Jones Industrial Average gained 0.35% to 11,410. The Standard &#38; Poor&#8217;s 500 Index rose 0.60% to 1,240.40 and closed at its highest level since September 2008. The Nasdaq was up 0.80% to close at 2,637.54 and reached its highest level since end of 2007. The CBOE Volatility Index (VIX) rose above 17. On the New York Stock Exchange, the advance decline ratio was 2:1 and 4.5 ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/12/13/wu-stock-market-news-for-december-13-2010-market-news/62161/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NFX) EOG Resources Signs Deal With Newfield</title>
		<link>http://www.stockbloghub.com/2010/11/25/nfx-eog-resources-signs-deal-with-newfield/59646</link>
		<comments>http://www.stockbloghub.com/2010/11/25/nfx-eog-resources-signs-deal-with-newfield/59646#comments</comments>
		<pubDate>Fri, 26 Nov 2010 04:19:49 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[EOG]]></category>
		<category><![CDATA[Eog Resources Inc]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=59646</guid>
		<description><![CDATA[A major independent oil and gas exploration and production company, EOG Resources Inc. (EOG) , signed a purchase and sale agreement for 50,000 acres of natural gas-rich land in Pennsylvania&#8217;s Marcellus Shale with Newfield Exploration Co. (NFX). The transaction is valued at $405 million  and constitutes a part of EOG&#8217;s divestiture program, which is expected to bring in about $1 billion for the company by the end of 2010. The acreage represents less than 0.5% of EOG&#8217;s North American production and includes five producing natural gas wells with 7 million cubic feet per day of gross output.  The companies expect the deal to close by the end of this year. With the closure of the divestiture, EOG will retain about 170,000 net acres in the Marcellus Shale in northwestern Pennsylvania. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/11/25/nfx-eog-resources-signs-deal-with-newfield/59646/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NFX) Newfield Exploration Surpasses Analyst Estimates</title>
		<link>http://www.stockbloghub.com/2010/02/17/nfx-newfield-exploration-surpasses-analyst-estimates/28253</link>
		<comments>http://www.stockbloghub.com/2010/02/17/nfx-newfield-exploration-surpasses-analyst-estimates/28253#comments</comments>
		<pubDate>Wed, 17 Feb 2010 23:19:24 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=28253</guid>
		<description><![CDATA[Newfield Exploration Co. (NFX) reported better-than-expected fourth-quarter results on increased production volumes and higher average realized prices. Quarterly earnings came in at $1.40 per share, above the Zacks Consensus Estimate of $1.36 and year-earlier earnings of 20 cents. Including one-time items, the company reported earnings of 86 cents per share. Estimate Revisions Trend There is a positive trend in estimate revisions. For the last 30 days, 5 of 23 analysts covering the stock raised estimates for the full fiscal 2010 while 2 analysts moved in the opposite direction. No up and downside movements were recorded in the last 7 days. Currently, the Zacks Consensus Estimate for full fiscal 2010 earnings is $4.79 per share, which is well below the full fiscal 2009 earnings of $5.13 per share. The company’s earnings surprise for the preceding ]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NFX) Newfield Exploration&#8217;s Oklahoma Acreage Booming</title>
		<link>http://www.stockbloghub.com/2010/01/20/nfx-newfield-explorations-oklahoma-acreage-booming/25524</link>
		<comments>http://www.stockbloghub.com/2010/01/20/nfx-newfield-explorations-oklahoma-acreage-booming/25524#comments</comments>
		<pubDate>Wed, 20 Jan 2010 23:09:53 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>
		<category><![CDATA[Sunoco Logistics Partners LP]]></category>
		<category><![CDATA[SXL]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25524</guid>
		<description><![CDATA[Newfield Exploration (NFX) announced a record production at the company’s Woodford Shale play in the Arkoma Basin of southeastern Oklahoma. The gross operated production from this play reached 323 million cubic feet equivalent per day (MMcfe/d) or a net level of 184 MMcfe/d. Newfield is quite optimistic about its Woodford Shale performance and is expecting a 20% hike in production this year from the 2009 level. This is because the company has been completing the drilling of about 20 wells, commenced in late 2009. The company said that the solid volumes from this play were made possible by the outstanding results from the recent super extended lateral (SXL) completions. SXL wells are basically those that have completed depths greater than 5,000 feet. Madison 1H-15W and Martin 1H-15E wells are two ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/20/nfx-newfield-explorations-oklahoma-acreage-booming/25524/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NFX) Newfield Exploration and Anadarko Petroleum Buy TXCO Resources&#8217; Assets</title>
		<link>http://www.stockbloghub.com/2010/01/14/nfx-newfield-exploration-and-anadarko-petroleum-buy-txco-resources-assets/25008</link>
		<comments>http://www.stockbloghub.com/2010/01/14/nfx-newfield-exploration-and-anadarko-petroleum-buy-txco-resources-assets/25008#comments</comments>
		<pubDate>Thu, 14 Jan 2010 22:30:03 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Anadarko Petroleum Corporation]]></category>
		<category><![CDATA[APC]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=25008</guid>
		<description><![CDATA[Newfield Exploration Co. (NFX) and Anadarko Petroleum Corp. (APC) announced a joint transaction to acquire TXCO Resources Inc.&#8216;s (TXCO) assets in the Maverick Basin of Southwest Texas for up to $310 million. The final amount will be determined at closing, which is expected in mid-February 2010. The closing is subject to bankruptcy court approval. As per the deal, Anadarko will acquire more than 80,000 net acres in this basin from TXCO for approximately $93 million, growing its operated working interest in these properties to 75%. Newfield will acquire substantially all of TXCO&#8217;s remaining assets in the Maverick Basin, which includes more than 300,000 net acres for approximately $217 million. The assets acquired by Newfield are currently producing 1,500 BOEPD, of which two-thirds is oil. Acquisition of TXCO&#8217;s assets marks Newfield’s ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/14/nfx-newfield-exploration-and-anadarko-petroleum-buy-txco-resources-assets/25008/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NFX) Newfield Exploration Company to Buy TXCO Resources Assets</title>
		<link>http://www.stockbloghub.com/2010/01/13/nfx-newfield-exploration-company-to-buy-txco-resources-assets/24878</link>
		<comments>http://www.stockbloghub.com/2010/01/13/nfx-newfield-exploration-company-to-buy-txco-resources-assets/24878#comments</comments>
		<pubDate>Thu, 14 Jan 2010 00:10:50 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Anadarko Petroleum Corporation]]></category>
		<category><![CDATA[APC]]></category>
		<category><![CDATA[HES]]></category>
		<category><![CDATA[Hess Corporation]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=24878</guid>
		<description><![CDATA[Newfield Exploration Company (NFX) and Anadarko Petroleum Corporation (APC) have joined hands for the purchase of properties in the Maverick Basin of Southwest Texas from TXCO Resources Inc. (TXCO). The total consideration for the deal is nearly $310 million. The final amount is expected to be determined at the closing of the deal during mid-February 2010. The transaction is subject to the bankruptcy court’s approval. San Antonio-based TXCO Resources, an oil and gas exploration company, had filed for bankruptcy in last May. Under the terms of the agreement, Anadarko will acquire nearly 80,000 net acres in this basin for $93 million and increase its operated working interest to 75%. On the other hand, Newfield will acquire substantially all of the remaining assets (about 300,000 net acres) for a consideration of ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2010/01/13/nfx-newfield-exploration-company-to-buy-txco-resources-assets/24878/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NFX) Newfield Exploration Company Switching Focus to Oil</title>
		<link>http://www.stockbloghub.com/2009/12/27/nfx-newfield-exploration-company-switching-focus-to-oil/23540</link>
		<comments>http://www.stockbloghub.com/2009/12/27/nfx-newfield-exploration-company-switching-focus-to-oil/23540#comments</comments>
		<pubDate>Sun, 27 Dec 2009 23:41:41 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=23540</guid>
		<description><![CDATA[Newfield Exploration Company (NFX) shifts future resources toward oil. Capital is being reinvested for its oil plays, shifting the production mix towards oil over the next several quarters. We believe the gravitation of investors over the past year has been its ever improving asset mix. The company’s high cost and traditional asset base, centered mostly around the Rockies and Gulf Coast regions, has been criticized. The asset base is now constructed of high quality gas plays in the Woodford Shale play, with high growth potential in the Granite Wash, balanced out with growing oil volumes in Monument Butte and additional potential in the Bakken play. Additionally, the company’s exploration success in offshore China, accelerated development drilling in lease developments in Malaysia have resulted in better production visibility and made the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/12/27/nfx-newfield-exploration-company-switching-focus-to-oil/23540/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NFX) Newfield Exploration Company Report Surpasses Estimates</title>
		<link>http://www.stockbloghub.com/2009/10/27/nfx-newfield-exploration-company-report-surpasses-estimates/18723</link>
		<comments>http://www.stockbloghub.com/2009/10/27/nfx-newfield-exploration-company-report-surpasses-estimates/18723#comments</comments>
		<pubDate>Tue, 27 Oct 2009 17:54:42 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18723</guid>
		<description><![CDATA[Newfield Exploration Company (NFX) reported third quarter results of $1.58 per diluted share, compared to the Zacks Consensus Estimate of $1.34 and year-earlier earnings of $1.02 per diluted share. We have adjusted the reported income of 58 cents per diluted share for commodity derivatives loss and tax benefit associated with deferred tax assets. The positive comparisons came on the back of higher average realized prices and production volumes. Total quarterly production of 65.5 billion cubic feet equivalent (Bcfe) was up approximately 7% year over year. Natural gas volumes in the company’s domestic operations were down nearly 5% from the year-ago level to 42.5 Bcf. Oil and condensate volumes were up approximately 41% year-over-year to 3.8 million barrels (MMBbls) during the quarter, of which approximately 45% came from domestic operations. For ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2009/10/27/nfx-newfield-exploration-company-report-surpasses-estimates/18723/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(NFX) Newfield Exploration to Scale Back Production</title>
		<link>http://www.stockbloghub.com/2009/08/27/nfx-newfield-exploration-to-scale-back-production/13561</link>
		<comments>http://www.stockbloghub.com/2009/08/27/nfx-newfield-exploration-to-scale-back-production/13561#comments</comments>
		<pubDate>Thu, 27 Aug 2009 20:05:37 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Basic Materials]]></category>
		<category><![CDATA[Independent Oil & Gas]]></category>
		<category><![CDATA[Newfield Exploration Company]]></category>
		<category><![CDATA[NFX]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=13561</guid>
		<description><![CDATA[Recently, Newfield Exploration Co. (NFX) – an independent energy firm – announced plans to cut back its third quarter natural gas production by about 2.5 billion cubic feet equivalent (Bcfe), on wells in the company&#8217;s Mid-Continent division. The curtailments (roughly 4% of the company’s production guidance of 62.9–70.0 Bcfe) are in response to current low natural gas prices. Newfield, however, maintained its 2009 production guidance of 250–260 Bcfe, a 6% to 10% increase over 2008 production of approximately 236 Bcfe In recent months, natural gas prices have remained weak as a result of recession-related reduction in demand and abundant U.S. production. Prices rallied earlier last year, reaching over $13 per million Btu (MMBtu) in July 2008, before trending down. They have since dropped sharply to the current level of $3.02 ]]></description>
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