In Cheniere Energy’s (ticker: LNG) 2013 annual report, Chairman and CEO Charif Souki said, “it became apparent to us a few years ago that we must find demand or the hydrocarbon revolution will stop.” Locating demand for its liquefied natural gas (LNG) doesn’t seem to be a problem for the Houston energy company. Over the past year and a half,
Wells Fargo Equity Research hosted a conference call July 2 with management from privately held Liberty Resources to discuss the slickwater completion technique it has used in the Bakken. In its follow-up research note, Wells Fargo’s E&P team summarized the call as follows: “Liberty’s philosophy is ‘reservoir stimulation, not proppant disposal’. To enhance contact area and conductivity, Liberty generally uses
The Dow Jones Industrial Average closed above 17,000 for the first time in history in a shortened session on July 3, 2014. The average flirted with the historical mark for the past week but finally broke the barrier following a job report that included 288,000 new jobs (the fifth straight month of gains greater than 200,000) and the lowering of
