HOUSTON, Feb 5 Two of the founders of Rice
Energy, which EQT Corp bought in 2017, are pushing for a change
in the company's strategy and replacement of its board due to
its ongoing underperformance.
HOUSTON, Feb 5 The founders of Rice Energy on
Tuesday outlined a plan to turn around EQT Corporation,
rebuking its performance a year and a half after the two
companies merged and proposing it replace its chief executive
officer and board.
HOUSTON Activist investor Fir Tree Partners on Monday called on oil producer Halcon Resources Corp to appoint two independent directors to its board, threatening a proxy fight at the next shareholder meeting if it fails to do so or fails to put itself up for sale.
Shares of oilfield services provider Weatherford International Plc rose on Friday despite an earnings miss, as Wall Street focused on free cash flow generation and improved earnings.
HOUSTON, Feb 1U.S. metals importers that applied
last year for exemptions from tariffs on steel and aluminum are
losing hope the Commerce Department will approve their
petitions, as the recent government shutdown added to a wait
that for some has stretched to eight months without a ruling.
HOUSTONU.S. metals importers that applied last year for exemptions from tariffs on steel and aluminum are losing hope the Commerce Department will approve their petitions, as the recent government shutdown added to a wait that for some has stretched to eight months without a ruling.
Baker Hughes, General Electric Co's oilfield services arm, gave an upbeat outlook for the year on Thursday as its quarterly orders rose and sanctions of liquefied natural gas projects accelerated.
HOUSTON EOG Resources on Monday said it anticipates a $132.1 million non-cash gain from oil and gas hedging contracts in the fourth quarter, according to a filing with the U.S. Securities and Exchange Commission.
HOUSTON A Colorado activist group this week filed a lawsuit challenging a state law that allows oil and gas companies to drill a property owner’s minerals without consent of the owner.
Shares of oilfield firm Halliburton Co fell sharply on Tuesday after the company forecast lower revenues in key business areas in the first quarter, overshadowing a quarterly profit beat and a pledge to reduce 2019 spending.