Hints and tips:
...The US exploration and production companies have also started reporting earnings, with some including Anadarko Petroleum responding to investors’ calls for them to deliver positive free cash flows....
...As Ryan Lance, chief executive of ConocoPhillips, the largest US exploration and production company, puts it, the upturn will come, “it’s just you can’t bet on it coming quickly . . ....
...The round of earnings and outlook statements in recent weeks from the US exploration and production companies — the small to midsized independents that led the shale revolution — showed that while they are...
...The company makes about half its revenue in the Middle East and uses Jordan as a manufacturing hub....
...Small cap oil and gasproducers with production focused on the region suffered. Callon Petroleum fell 0.5 per cent to $6.04 and McMoRan Exploration lost 1.7 per cent to $11.74....
International Edition