Hints and tips:
...Our goal is to be kind of the midstream, downstream oil and gas company, in a sense....
...One fifth of the state’s 15 currently operating rigs are on MHA Nation land, Fox said....
...Shale gas stalwart Chesapeake Energy even warned last month that being able to keep the lights on was a “going concern”. Solus has also stepped on this landmine....
...Chesapeake Energy bounced on better than expected full-year results, helped by improving prices for oil production and lower operating costs....
...Midstream investors are most worried about their prospects in a Chesapeake Energy bankruptcy, now openly discussed....
...“These results reinforce our firm belief that our strategy is working as we continue to build guest loyalty by relentlessly focusing on our back-to-basics operating philosophy,” said Gene Lee, the company...
...Meanwhile, embattled energy and mining companies, like Freeport-McMoRan and Chesapeake Energy are seen as the biggest earnings laggards....
...This year, it appears the midstream investors think they are all going to die....
...Chesapeake Energy led the declines on the index. The oil and gas producer fell 3.51 per cent to $12.09....
...So companies such as Chesapeake Energy, Apache and Encana are lining up to sell assets while the buyout groups are lining up to buy them....
...Low prices have prompted producers including Chesapeake Energy and Encana to announce cutbacks....
...The company sees potential to triple the production from the Fayetteville acreage during its 40-year operating lifetime. The deal also includes about 420 miles of midstream pipeline....
...Dow Chemical jumped 7.2 per cent to $20.37 after the group disclosed plans to cut 5,000 full-time jobs in a move expected to save $700m in annual operating costs by 2010....
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