Wall Street’s latest fad is built on sand
By Anna Driver HOUSTON (Reuters) - Super-sized hydraulic fracturing jobs, which use vast amounts of sand to coax more oil and gas from shale, have led to astronomical returns for...
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Exxon, Conoco see a quarterly payoff from natural gas
HOUSTON/NEW YORK (Reuters) - U.S. oil companies Exxon Mobil Corp and ConocoPhillips both reported first-quarter earnings that exceeded Wall Street expectations on Thursday, helped partly by higher natural gas prices....
SandRidge MLP tax request snared by IRS ‘pause’
NEW YORK (Reuters) - SandRidge Energy Inc's letter asking the Internal Revenue Service whether its water disposal business would qualify as tax-free for inclusion in a master limited partnership (MLP)...
Chesapeake, Encana face criminal antitrust charges in Michigan
(Reuters) - Oil and gas giants Chesapeake Energy and Encana Corp were charged on Wednesday with colluding to keep oil and gas lease prices artificially low in Michigan, state Attorney...
Chesapeake’s ex-CEO McClendon tries to force new drilling
HOUSTON (Reuters) - Chesapeake Energy Corp ousted its former chief executive Aubrey McClendon last April after a governance scandal and a liquidity crisis. But the former boss retains financial ties...
Chesapeake’s ex-CEO McClendon tries to force new drilling
HOUSTON (Reuters) - Chesapeake Energy Corp ousted its former chief executive Aubrey McClendon last April after a governance scandal and a liquidity crisis. But the former boss retains financial ties...
New CEO cuts Chesapeake Energy’s lifestyle largesse
HOUSTON (Reuters) - The chaplains and company gardener are gone now, along with a weatherman who made more than a quarter million dollars a year, as Chesapeake Energy Corp CEO...
In big shift, Exxon to provide same-sex marriage benefits
HOUSTON (Reuters) - Exxon Mobil Corp said on Friday it will extend benefits to spouses of its U.S. workers in same-sex marriages, a sweeping reversal by one of the world's...
Kinder Morgan chairman denies skimping on maintenance
(Reuters) - Kinder Morgan's billionaire chairman on Wednesday denied the U.S. pipeline company skimps on maintenance spending, hitting back at allegations by a young analyst that have rattled the company's...
Young analyst draws Wall Street ire taking on Kinder Morgan
HOUSTON (Reuters) - Kevin Kaiser, a 26-year-old analyst only three years into his first job out of the Ivy League, jolted Wall Street last week with a pithy email taking...