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  • US rig count up 9 to 1,927 Friday, 24 Oct 2014 | 3:18 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. rose by nine this week to 1,927.. Of the major oil- and gas-producing states, Texas gained eight rigs, New Mexico increased five, West Virginia was up three, while Arkansas, California and Ohio gained two apiece. Kansas declined by four,...

  • Oct 15- Another proposed U.S. corporate tax "inversion" deal collapsed on Friday when Irish food group Fyffes Plc and larger U.S. rival Chiquita Brands International Inc called off an agreement to combine. It was the fourth such deal to unravel since the Treasury Department on Sept. 22 cracked down on inversions, deals in which a U.S. company acquires or sets up a...

  • Cabot misses Street 3Q forecasts Friday, 24 Oct 2014 | 7:39 AM ET

    HOUSTON _ Cabot Oil& Gas Corp. on Friday reported third-quarter earnings of $100.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 23 cents per share. Analysts expected $516.3 million, according to Zacks.

  • LyondellBasell beats Street 3Q forecasts Friday, 24 Oct 2014 | 6:15 AM ET

    HOUSTON _ LyondellBasell Industries on Friday reported third-quarter earnings of $1.26 billion. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $2.28 per share. Analysts expected $11.71 billion, according to Zacks.

  • Forum Energy tops Street 3Q forecasts Friday, 24 Oct 2014 | 5:03 AM ET

    HOUSTON _ Forum Energy Technologies Inc. on Friday reported earnings of $52.2 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share. Analysts expected $443.9 million, according to Zacks.

  • Weingarten Realty reports 3Q results Thursday, 23 Oct 2014 | 5:30 PM ET

    The average estimate of analysts surveyed by Zacks Investment Research was for funds from operations of 50 cents per share. Analysts expected $127.2 million, according to Zacks. Weingarten Realty expects full-year funds from operations in the range of $2.01 to $2.03 per share.

  • Southwestern Energy misses Street 3Q forecasts Thursday, 23 Oct 2014 | 5:15 PM ET

    HOUSTON _ Southwestern Energy Co. on Thursday reported net income of $211 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 52 cents per share. Analysts expected $988.2 million, according to Zacks.

  • Stewart Information Services posts 3Q profit Thursday, 23 Oct 2014 | 10:48 AM ET

    HOUSTON _ Stewart Information Services Corp. on Thursday reported earnings of $23.7 million, or 97 cents per share, in its third quarter. The company, based in Houston, posted revenue of $508.1 million in the period. Stewart Information Services shares have decreased slightly more than 2 percent since the beginning of the year.

  • Group 1 Automotive tops Street 3Q forecasts Thursday, 23 Oct 2014 | 9:12 AM ET

    HOUSTON _ Group 1 Automotive Inc. on Thursday reported earnings of $26.2 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.44 per share. Analysts expected $2.58 billion, according to Zacks.

  • Hercules Offshore meets 3Q profit forecasts Thursday, 23 Oct 2014 | 8:03 AM ET

    HOUSTON _ Hercules Offshore Inc. on Thursday reported a loss of $88.6 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was also for a loss of 7 cents per share. Analysts expected $211.9 million, according to Zacks.

  • Cameron tops 3Q earnings expectations Thursday, 23 Oct 2014 | 7:48 AM ET

    HOUSTON _ Cameron International Corp. on Thursday reported profit of $225 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share. Analysts expected $2.73 billion, according to Zacks.

  • Patterson-UTI meets 3Q profit forecasts Thursday, 23 Oct 2014 | 6:39 AM ET

    HOUSTON _ Patterson-UTI Energy Inc. on Thursday reported third-quarter earnings of $16 million. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 47 cents per share. Analysts expected $836.9 million, according to Zacks.

  • Diamond Offshore Drilling beats 3Q profit expectations Thursday, 23 Oct 2014 | 6:18 AM ET

    HOUSTON _ Diamond Offshore Drilling Inc. on Thursday reported third-quarter net income of $52.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. Analysts expected $743.5 million, according to Zacks.

  • Diamond Offshore profit drops 44 pct due to charges Thursday, 23 Oct 2014 | 6:12 AM ET

    Oct 23- Diamond Offshore Drilling Inc reported a lower third-quarter profit, hurt by a non-cash impairment charge of $109 million before tax as a result of retiring and scrapping six semisubmersible rigs. Net income fell to $52.6 million, or 38 cents per share, in the quarter ended Sept. 30, from $94.7 million, or 68 cents per share, a year earlier.

  • Flotek Industries posts 3Q profit Wednesday, 22 Oct 2014 | 6:39 PM ET

    HOUSTON _ Flotek Industries Inc. on Wednesday reported earnings of $14.3 million in its third quarter. On a per-share basis, the Houston- based company said it had profit of 26 cents. Flotek Industries shares have increased 7.5 percent since the beginning of the year.

  • New York congressman's trial put off until 2015 Wednesday, 22 Oct 2014 | 7:16 AM ET

    NEW YORK— A New York congressman's tax evasion trial has been put off until next year. District Judge Pamela Chen told lawyers at a hearing Tuesday jury selection for Michael Grimm's trial will begin Feb. 2, not Dec. 1. The Republican congressman from Staten Island has pleaded not guilty to charges he evaded taxes by hiding more than $1 million in sales and wages...

  • FMC Technologies misses 3Q profit forecasts Tuesday, 21 Oct 2014 | 4:06 PM ET

    HOUSTON _ FMC Technologies Inc. on Tuesday reported third-quarter profit of $169.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share. FMC Technologies expects full-year earnings in the range of $2.75 to $2.85 per share.

  • Oct 21- As fracking accelerates in North American shale fields, oilfield services providers Halliburton Co and Baker Hughes Inc are stockpiling sand to protect themselves against rising costs and are buying more railcars to transport the haul. Halliburton, the world's largest provider of fracking services, is more than doubling its railcar fleet and...

  • Legal petition seeks NY ban on outdated rail cars Tuesday, 21 Oct 2014 | 2:12 PM ET

    ALBANY, N.Y.— A coalition of environmental groups and city residents filed a legal petition on Tuesday seeking a ban on older model rail tanker cars carrying volatile crude oil from North Dakota to the Port of Albany, citing their history of rupturing and exploding in a series of catastrophic derailments. Port facilities owned by Houston- based Buckeye Partners...

  • GulfMark Offshore misses Street 3Q forecasts Monday, 20 Oct 2014 | 6:16 PM ET

    HOUSTON _ GulfMark Offshore Inc. on Monday reported earnings of $24.3 million in its third quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share. For the current quarter ending in December, GulfMark Offshore said it expects revenue in the range of $110 million to $115 million.