Claire Poole is a senior writer based in Houston covering energy and utilities. In her time at The Deal, Poole has written stories analyzing the how and why of energy deals and speculating on upcoming activity. She has also conducted insightful interviews with leading energy dealmakers and is often the first to reveal groundbreaking energy news. Before joining The Deal in 2000, Poole worked as a reporter and staff writer at Forbes, was editor-in-chief of El Financiero International and Mexico Business and was a contributing editor at Latin Trade. She also contributed articles to Money, Worth, Businessweek and Texas Monthly.
In January the energy transportation and storage provider said its exposure to the coal giant amounted to $30 million in total Ebitda.
Many believe positive results from the Doha meeting are already baked into oil stocks, so they're sticking by the strongest names, including Chevron, EOG Resources and Schlumberger.
Some analysts believe the company could bring in more than $3 billion selling its properties in Appalachia's Marcellus shale.
One analyst believes that near-term earnings revisions in the oilfield services sector are less important at this point of the downturn.
While the news came after three other such disappointments offshore, the company is still considered one of the industry's top names and expected to survive the downturn.
CenterPoint going REIT would have rewards but also carry some expensive risks, experts say. But with shareholders and activists looking at a sideways stock price, the pressure is on.
Even with persistently low oil prices, there are some companies so efficient at extracting it from the ground, they can still turn a profit on every barrel. We found five.
Management says it hasn't cut the company's payout because it doesn't have any near-term liquidity need. But it may have to rethink if oil prices stay low.
While the region's reserves are small compared with other parts of the U.S., the move is considered a big policy reversal by the Obama administration and could have wider implications.
General Electric CEO Jeff Immelt made it clear he intends to start spending his company's $150 billion war chest on oil and gas assets. Here are the targets.
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