Top News & Analysis Denver

  • Oct 12- Shares of Extraction Oil& Gas Inc- the first producer to launch a U.S. Denver- based Extraction Oil priced its offering of 33.33 million shares at $19 each, above the expected range of $15- $18, to raise about $633 million. "The recent uptick in energy IPO-related activity may be an indication that market is recognizing that crude prices have stabilized and a new...

  • HOUSTON, Oct 8- North Dakota oil producers were dealt another blow this week when Royal Dutch Shell said it would scrap plans to build an oil train terminal in Washington state that would have taken over 400,000 barrels per week of Bakken and other inland crudes. Not long before that, protests by Native Americans worried about environmental impact prompted the...

  • Sept 29- Extraction Oil& Gas LLC said it expected to raise as much as $600 million in an initial public offering, valuing the Denver- based oil explorer and producer at about $2.6 billion. The company, based in Colorado's Denver- Julesburg basin and backed by private equity firm Yorktown Partners LLC, said it expected to price the offering of 33.3 million shares at...

  • The company, based in Colorado's Denver- Julesburg basin and backed by private equity firm Yorktown Partners LLC, said it expected to price the offering of 33.3 million shares at between $15 and $18 each.

  • OPEC production in August was 33.24 million barrels a day, it said in its monthly oil market report. One source also said that once production targets were reached, OPEC would reach out to non- OPEC producers for cooperation. *Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce "at maximum levels that make sense"...

  • OPEC production in August was 33.24 million barrels a day, it said in its monthly oil market report. One source also said that once production targets were reached, OPEC would reach out to non- OPEC producers for cooperation. *Saudi Energy Minister Khalid al-Falih said on Tuesday Iran, Nigeria and Libya would be allowed to produce "at maximum levels that make sense"...

  • NEW YORK, Sept 28- You do not learn a lot from tax returns, Republican Donald Trump proclaimed in Monday's U.S. presidential debate. "From a tax return, you get distinct, discrete financial numbers," says Jude Boudreaux, a certified financial planner at Upperline Financial Planning in New Orleans. Democrat Hillary Clinton's returns showed that she and her husband,...

  • NEW YORK, Sept 28- You do not learn a lot from tax returns, Republican Donald Trump proclaimed in Monday's U.S. presidential debate. "From a tax return, you get distinct, discrete financial numbers," says Jude Boudreaux, a certified financial planner at Upperline Financial Planning in New Orleans. Democrat Hillary Clinton's returns showed that she and her husband,...

  • NEW YORK, Sept 28- You do not learn a lot from tax returns, Republican Donald Trump proclaimed in Monday's U.S. presidential debate. "From a tax return, you get distinct, discrete financial numbers," says Jude Boudreaux, a certified financial planner at Upperline Financial Planning in New Orleans. Democrat Hillary Clinton's returns showed that she and her husband,...

  • DENVER, Sept 19- Barrick Gold's Veladero gold mine in Argentina, one of its five core mines, could resume operations in the next two weeks, Barrick President Kelvin Dushnisky said in an interview on Monday. Barrick was fined nearly $10 million by authorities in the Argentinian province of San Juan for last year's leak, which was caused by a defective valve.

  • DENVER, Sept 19- Barrick Gold expects to be able to reach its target of reducing debt by $2 billion by year-end even without selling any assets, company President Kelvin Dushnisky said on Monday. "We are confident we will get to our $2 billion mark with or without an asset sale... presuming gold prices continue to cooperate," Dushnisky said in an interview on the...

  • DENVER, Sept 19- Barrick Gold expects to be able to reach its target of reducing debt by $2 billion by year-end even without selling any assets, company President Kelvin Dushnisky said on Monday.

  • Sept 14- Pacific Investment Management Co accused former star bond fund manager Bill Gross of leaking confidential bonus data to an outside columnist, and exercising "bad faith" by withholding materials it is entitled to see as it defends against his $200 million lawsuit. The accusations were made in a filing with the California Superior Court in Santa Ana...

  • Sept 9- Bond fund manager Bill Gross on Friday said Pacific Investment Management Co and its lawyers should be punished for unfairly impeding him from pursuing his $200 million lawsuit against the asset management firm, which he co-founded. In a court filing, Gross accused Pimco of "willful and bad-faith obstruction" of his efforts to gather evidence to which he...

  • Sept 7- Activist investor William Ackman, wielding a stake of nearly 10 percent in Chipotle Mexican Grill Inc, is likely to push for board changes and a franchising model, analysts said, as the fast-casual Mexican food chain struggles to win back customers. Ackman might pressure Chipotle to "franchise outlets to drive unit growth and increase shareholder...

  • DENVER, Sept 6- The drumbeat of hammers echoes most mornings through suburban Denver, where Jay Small, the owner of company that frames houses, is building about 1,300 new homes this year. Eight years after the housing bust drove an estimated 30 percent of construction workers into new fields, homebuilders across the country are struggling to find workers at all...

  • DENVER, Sept 6- The drumbeat of hammers echoes most mornings through suburban Denver, where Jay Small, the owner of company that frames houses, is building about 1,300 new homes this year. Eight years after the housing bust drove an estimated 30 percent of construction workers into new fields, homebuilders across the country are struggling to find workers at all...

  • DENVER, Sept 6- The drumbeat of hammers echoes most mornings through suburban Denver, where Jay Small, the owner of company that frames houses, is building about 1,300 new homes this year. Eight years after the housing bust drove an estimated 30 percent of construction workers into new fields, homebuilders across the country are struggling to find workers at all...

  • NEW YORK, Aug 30- U.S. consumer confidence rose to an 11- month high in August, with households more upbeat about the labor market, in a further sign that the economy was regaining steam after faltering in the first half of the year. "This will likely be interpreted as more evidence that the U.S. economic recovery is back on track following the missteps earlier this...

  • NEW YORK, Aug 30- U.S. consumer confidence rose to an 11- month high in August, with households more upbeat about the labor market, in a further sign that the economy was regaining steam after faltering in the first half of the year. "This will likely be interpreted as more evidence that the U.S. economic recovery is back on track following the missteps earlier this...