Billionaire investor T. Boone Pickens added shares in oil and natural gas producers Apache Corp. and Goodrich Petroleum Corp. to his energy fund during the first quarter, along with a stake in technology company Apple Inc.
Dec. 6 (Bloomberg) -- Steve Mueller, chief executive officer of Southwestern Energy Co., talks about the company's expansion plans and the outlook for joint ventures. Southwestern Energy, which pioneered natural-gas development from Arkansas’s Fayetteville Shale, may enter into joint ventures next year for its New Brunswick acreage in Canada and Brown Dense holdings in the U.S. Mueller spoke with Bloomberg's Edward Klump on Dec. 4 at a Capital One Southcoast energy conference in New Orleans. (Source: Bloomberg)
Cabot Oil & Gas Corp., the best performer in the Standard & Poor’s 500 index last year, may curtail drilling to cope with natural-gas prices that slumped to a 10-year low because of a supply glut it helped create.
A Texas judge is weighing whether Southwestern Energy Co. should give up $381.5 million in profits in the wake of a jury’s verdict that the Houston oil and gas company stole “sweet spots” well data from two prospectors.
Southwestern Energy Co., which pioneered natural-gas development from Arkansas’ Fayetteville Shale, may enter into joint ventures next year for its New Brunswick acreage in Canada and Brown Dense holdings in the U.S.