Sunday, July 27, 2025

EIA November NatGas a Mixed Bag

November electric power deliveries 2nd highest since EIA began tracking them In its Natural Gas Monthly released today, the EIA outlined U.S. natural gas production and consumption for November 2016. Natural gas production increased 2.2% over October 2016 levels, but represented a decrease of 3.1% from production levels for November 2015. Additionally, consumption for November was down to the lowest

Exxon Mobil: $2 Billion Rocky Mountain Dry Gas Impairment Thunks Earnings

Exxon Mobil will start developing Delaware basin assets in 2017 Exxon Mobil (ticker: XOM) reported fourth quarter results today, showing lower earnings than expected. Net fourth quarter earnings were $1.680 billion, or $0.405 per share. Overall 2016 earnings are $7.840 billion, or $1.877 per share. This quarter’s earnings missed the Zacks consensus of $0.72 per share, primarily due to an