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  • Now misses Street 4Q forecasts Monday, 23 Feb 2015 | 7:21 AM ET

    HOUSTON _ Now Inc. on Monday reported fourth-quarter net income of $16 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 30 cents per share. Analysts expected $1.05 billion, according to Zacks.

  • HOUSTON, Feb 23- Shale oil producers are throttling back so quickly on drilling that U.S. crude output could fall sooner than expected, within months, executives say as they slash costs to cope with tumbling crude prices and compete with Persian Gulf rivals. For one, companies are cutting costs deeper and faster than before as Wall Street investors increasingly...

  • BUSINESS-NEWS-SCHEDULE AT 2100 GMT / 4:00 p.m. ET Sunday, 22 Feb 2015 | 4:30 PM ET

    ATHENS- Greece's government prepares reform measures to secure a financial lifeline from the euro zone, but is attacked for selling "illusions" to voters after failing to keep a promise to extract the country from its international bailout. The story of how Greece's charismatic new minister failed during often chaotic negotiations to break German...

  • US rig count decreases 48 to 1,310 Friday, 20 Feb 2015 | 1:46 PM ET

    HOUSTON— Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 48 this week to 1,310 amid depressed oil prices. Of the major oil- and gas-producing states, Texas' count fell by 22, Oklahoma lost 16, North Dakota and Wyoming each lost four, Alaska lost three, Colorado lost two and California and Utah...

  • Cheniere Energy reports 4Q loss Friday, 20 Feb 2015 | 8:43 AM ET

    HOUSTON _ Cheniere Energy Inc. on Friday reported a loss of $158.6 million in its fourth quarter. The Houston- based company said it had a loss of 70 cents per share. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 29 cents per share.

  • Cheniere Energy Partners posts 4Q profit Friday, 20 Feb 2015 | 8:40 AM ET

    HOUSTON _ Cheniere Energy Partners LP Holdings LLC on Friday reported fourth-quarter net income of $4.6 million, after reporting a loss in the same period a year earlier. The owner of units of Cheniere Energy Partners LP posted revenue of $5.1 million in the period. Cheniere Energy Partners shares have increased 1 percent since the beginning of the year.

  • Cabot reports 4Q loss Friday, 20 Feb 2015 | 7:51 AM ET

    HOUSTON _ Cabot Oil& Gas Corp. on Friday reported a fourth-quarter loss of $221.8 million, after reporting a profit in the same period a year earlier. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 23 cents per share. Analysts expected $559.3 million, according to Zacks.

  • HOUSTON, Feb 20- Barely two months into his new job as the head of the world's largest offshore driller, Steven Newman was steering Transocean through the 2010 Gulf of Mexico oil spill, quickly earning a reputation as a CEO with a steady hand. A Transocean official declined to comment. According to a Transocean presentation, its fleet is about 25 percent larger than...

  • MRC misses Street 4Q forecasts Thursday, 19 Feb 2015 | 7:01 PM ET

    HOUSTON _ MRC Global Inc. on Thursday reported fourth-quarter earnings of $31.2 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 46 cents per share. Analysts expected $1.52 billion, according to Zacks.

  • WILLISTON, N.D., Feb 19- This week's oil train derailment and resulting explosion in West Virginia are likely to heighten scrutiny of new regulations pending in North Dakota, where the oil was produced, aimed at reducing the chance of such disasters. The cargo in Monday's accident was loaded onto a BNSF Railway Co locomotive at a facility owned by Plains All...

  • NEW YORK, Feb 19- Elliot Management Corp. and Omega Advisors Inc. are among activist hedge funds buying stakes in North American oil and gas producers whose stock has fallen because of weaknesses exposed by the collapse of energy prices. This month Citigroup cut its crude price forecasts, saying West Texas Intermediate could go as low as $20 a barrel before...

  • FTC moves to block Sysco's $3.5B purchase of US Foods Thursday, 19 Feb 2015 | 3:42 PM ET

    NEW YORK— Antitrust regulators are challenging the $3.5 billion sale of US Foods to Sysco, saying the deal would hurt customers by reducing competition between food supply companies. Sysco Corp. agreed to buy US Foods in December 2013, saying they would create a company with $65 billion in annual revenue. The FTC on Thursday filed a complaint to block the deal,...

  • Linn reports 4Q loss Thursday, 19 Feb 2015 | 10:09 AM ET

    HOUSTON _ Linn Co. on Thursday reported a loss of $154.5 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share. Analysts expected $979.2 million, according to Zacks.

  • Ultra Petroleum beats Street 4Q forecasts Thursday, 19 Feb 2015 | 8:39 AM ET

    HOUSTON _ Ultra Petroleum Corp. on Thursday reported fourth-quarter net income of $209.7 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share. Ultra Petroleum shares have climbed 13 percent since the beginning of the year.

  • WILLISTON, N.D., Feb 19- One of the strongest leaders of the U.S. shale revolution has been humbled by plunging oil prices. On Thursday, the number of rigs drilling in North Dakota fell below 130 for the first time in years, a level the state's top official said is necessary to prevent output from falling. ConocoPhillips and Occidental Petroleum Corp, among many others,...

  • Noble beats 4Q profit forecasts Thursday, 19 Feb 2015 | 8:21 AM ET

    HOUSTON _ Noble Energy Inc. on Thursday reported fourth-quarter profit of $402 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share. Analysts expected $1.26 billion, according to Zacks.

  • COLLEYVILLE, Texas— A man was arrested in Florida for the Texas death of a 72- year-old housekeeper with a $1 million life insurance policy as part of a multistate investigation into a network of insurance scammers, Colleyville police said Thursday. Bernard Gorman, 26, faces a murder warrant in the scam to collect the benefits, accused of planning and assisting...

  • Quanta Services tops Street 4Q forecasts Thursday, 19 Feb 2015 | 6:33 AM ET

    HOUSTON _ Quanta Services Inc. on Thursday reported fourth-quarter profit of $66.6 million. Analysts expected $1.98 billion, according to Zacks. For the current quarter ending in March, Quanta Services expects its per-share earnings to range from 37 cents to 43 cents.

  • Key Energy reports 4Q loss Thursday, 19 Feb 2015 | 5:03 AM ET

    HOUSTON _ Key Energy Services Inc. on Thursday reported a loss of $52.3 million in its fourth quarter. The average estimate of analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share. Analysts expected $344 million, according to Zacks.

  • Parker Drilling posts 4Q profit Thursday, 19 Feb 2015 | 5:03 AM ET

    HOUSTON _ Parker Drilling Co. on Thursday reported fourth-quarter earnings of $7.8 million. On a per-share basis, the Houston- based company said it had profit of 6 cents. Keywords: Parker Drilling, Earnings Report.