Closing Bell Story‎

Congressional Committee Attempting to Reverse 2 EPA Rules that would do More Harm than Good

November 5, 2015

House Energy and Power Subcommittee passes resolutions to stop overreach of one federal agency This week, the Energy and Power Subcommittee, chaired by Rep. Ed Whitfield (R-KY), passed two resolutions, H.J. Res 71 and H.J. Res 72, disapproving of two final rules issued by the Environmental Protection Agency (EPA) for new and existing power plants. The resolutions would provide for Congressional

Callon Petroleum Increases 2015 Capex 10%, Aims for Efficiencies in 2016

November 5, 2015

Callon reports 73% increase in year-over-year production Callon Petroleum (ticker: CPE) announced its third-quarter 2015 results yesterday, showing a year-over-year production increase of 73%, 77% oil-weighted. The company reported an adjusted EBITDA margin of about 70%, compared to 69% a year ago, in large part to lower G&A and LOE costs. The company’s total adjusted EBITDA for the quarter amounted

Union Strike the Latest Problem for Petrobras as Production Wanes

November 4, 2015

Estimates: Anywhere from 13% to 25% of Oil Production Loss The slew of problems with Brazil’s Petrobras (ticker: PBR) have been well-documented over the past several months. A widespread corruption scandal has outed high-ranking PBR executives and even government officials, leading to free-falling approval ratings for President (and former Petrobras Chairman) Dilma Rousseff. The company’s debt has ballooned past $120

Congressional Committee Attempting to Reverse 2 EPA Rules that would do More Harm than Good

Callon Petroleum Increases 2015 Capex 10%, Aims for Efficiencies in 2016

Union Strike the Latest Problem for Petrobras as Production Wanes

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