Archives for November 2018
Noble Energy posts growing gains
Houston’s Noble Energy reported a $227 million quarterly profit Thursday that jumped up from a $136 million loss a year prior. Source: FuelFix
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Halcón Resources sells Permian water infrastructure for $325M
Oil and gas driller Halcón Resources is selling its West Texas water infrastructure for $325 million. Source: FuelFix
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Apache leans on Permian growth for quarterly profit
Houston’s Apache Corp. aggressively pushed for growth in its Permian Basin developments to deliver a third-quarter profit. Source: FuelFix
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Encana buying Houston's Newfield Exploration for $5.5B
Canada’s Encana Corp. said Thursday it will buy The Woodlands-based Newfield Exploration Co. for $5.5 billion in an all-stock deal. Source: FuelFix
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Shell churns out cash like oil's above $100 again
Oil is trading well below its price of a decade ago, but you’d have no idea looking at Royal Dutch Shell Plc’s giant pile of cash. Source: FuelFix
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