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Home2021February

Month: February 2021

Western Midstream - Partners- Energy News Beat
Earnings

Western Midstream Partners (NYSE:WES) Releases Earnings Results, Beats Estimates By $0.03 EPS

February 24, 2021 Stu Turley

Western Midstream Partners (NYSE:WES) released its earnings results on Tuesday. The pipeline company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.03, MarketWatch Earnings reports. Western Midstream Partners had a […]

Cheniere -Energy News Beat
Earnings

Cheniere Energy: 4Q Earnings Snapshot

February 24, 2021 Stu Turley

Cheniere Energy Inc. (LNG) on Wednesday reported a fourth-quarter loss of $194 million, after reporting a profit in the same period a year earlier. The Houston-based company said it had a loss of 77 cents […]

Centennial Resource Development- Energy News Beat
Earnings

Recap: Centennial Resource Dev Q4 Earnings

February 24, 2021 Stu Turley

More content below CDEV +5.9432% Benzinga Insights Tue, February 23, 2021, 3:57 PM·1 min read More content below CDEV +5.9432% Shares of Centennial Resource Dev (NASDAQ:CDEV) moved lower in after-market trading after the company reported Q4 results. […]

Chinas state-run refineries- modern integrated plants embrace new Iraqi Basrah Medium crude - EnergyNewsBeat
Crude Oil News

China’s state-run refineries, modern integrated plants embrace new Iraqi Basrah Medium crude

February 24, 2021 Stu Turley

Singapore — China is poised to receive about 21 million barrels of the new Iraqi crude grade Basrah Medium by mid March, with most of these shipments expected to be processed by the country’s integrated refining […]

Crude Oil News

Keystone XL’s Death Sparks Rush to Ship Oil-Sands Crude by Rail

February 24, 2021 Stu Turley

Energy News Beat Publishers Note: The decision to put in a processing plant and ship by rail is a financial decision. The U.S. will be importing more oil from other countries at very high prices, […]

Chinas 2020 coal output rises to highest since 2015 undermining climate pledges - Energy News Beat
Coal

Lloyd’s insurer Brit says it will not insure Adani coal mine – a bigger issue for the ESG investors

February 24, 2021 Stu Turley

Energy News Beat Publishers Note: If the laws can not be voted in, there can be forced change through banks and insurance companies. Consumer pressure can reach far whether the opinions are right or wrong.  […]

India Gas Pump - Energy News Beat
Commodities

Petrol could hit Rs 100 in states with high VAT as 3 Wall Street banks see oil at $70

February 24, 2021 Stu Turley

There could be more bad news for fuel consumers who may not get any respite from flaring fuel prices in the near future. Three Wall Street banks – Goldman Sachs, Morgan Stanley and Bank of America – have forecast oil […]

Centennial Resource Development- Energy News Beat
Earnings

Centennial Resource Development Announces Full Year 2020 Results and 2021 Guidance

February 24, 2021 Stu Turley

 Centennial Resource Development, Inc. (“Centennial” or the “Company”) (NASDAQ: CDEV) today announced 2020 financial and operational results and 2021 operational plans and targets. Financial and Operational Highlights Generated free cash flow and reduced total debt […]

Earnings

Range Announces Fourth Quarter 2020 Results

February 24, 2021 Stu Turley

RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its fourth quarter 2020 financial results, proved reserves and plans for 2021. Highlights – All-in 2020 capital spending was $411 million, approximately $109 million less than original budget Fourth […]

Saudi Aramco lands multiple bids for 10 billion pipeline stake - energynewsbeat
Finance

Saudi Aramco lands multiple bids for $10 billion pipeline stake

February 24, 2021 Stu Turley

Apollo Global Management Inc. and Global Infrastructure Partners are among suitors that bid for a roughly $10 billion stake in Saudi Aramco’s oil pipelines, people familiar with the matter said. Canada’s Brookfield Asset Management Inc., […]

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