On a call with analysts following its second quarter earnings release, company management says it continues to look for opportunities, but the bid-ask gap remains wide in the sector.
An uptick in natural gas production in the Appalachian Basin should benefit DTE's earnings and management thinks Nexus is ahead of the pack of upcoming greenfield pipelines in the region.
CEO Dudley says the oil company can draw a line under the Deepwater Horizon disaster and sees no further significant liabilities.
The company is among the largest petroleum product exporters in the U.S., and industry followers await its outlook on the world's demand, especially Latin America.
Underlying profit is expected rise but not enough to secure the dividend over the long-term, while a line will be drawn under Deepwater Horizon payouts.
The move came after Brookfield and Appaloosa said they planned to bid for TerraForm Power's B shares owned by bankrupt SunEdison Inc.
This Texas-based oil and gas producer seems likely to release another poor earnings report.
A slew of corporate earnings and closely watched Federal Reserve meeting are in focus for the week of July 25.