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Tag: energy capital
Powerstorm Capital to Attend and Unveil Its Modular Energy Storage Solutions at Mobile World Congress in Barcelona
2015-02-24 11:30:46| Industrial Newsroom - All News for Today
RANCHO PALOS VERDES, Calif. Powerstorm Capital (OTC: PSTO) ("Powerstorm" or the "Company") announced that they will be attending Mobile World Congress in Barcelona on March 2 - 5, 2015. CEO Mike J. Freni will be unveiling their innovative line of energy storage and management products. Hosted by GSMA, the event...
Marsico Capital sold almost all energy stocks in fourth quarter
2015-02-16 02:19:40| Energy - Topix.net
Money manager Thomas Marsico cut his exposure to declining oil prices during the fourth quarter by selling $876 million of energy stocks, including stakes in Schlumberger Ltd. and Halliburton Co. Marsico Capital Management divested all of its stock in five energy companies, the Denver-based firm disclosed in a regulatory filing Friday.
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energy
sold
fourth
Husky Energy trims capital spending by $400M
2015-02-12 21:52:36| Energy - Topix.net
Husky Energy CEO Asim Ghosh announced cuts in capital spending today, but says the company is looking beyond the downturn in energy prices. Husky Energy is the latest company in the Canadian oilpatch to report it is trimming 2015 spending in the face of lower oil prices.
Tags: capital
energy
spending
husky
Crescent Point Energy reducing capital budget by 28% to $1.45 billion in 2015
2015-01-06 15:50:53| Real Estate - Topix.net
Crescent Point Energy Corp. plans a $1.45-billion capital budget for 2015, a 28 per cent decline from last year, as it waits for a recovery in oil and gas prices following the current downturn. It's the the latest in a series of energy producers and oilfield services companies to reduce spending plans amid a recent plunge in the price of crude oil, which is at 5 1/2-year lows.
Linn Energy Slashes Dividend, Capital Spending
2015-01-03 04:54:48| Energy - Topix.net
Linn Energy LLC said Friday that it will cut its payouts to shareholders by more than half as the oil and natural-gas producer slashes capital spending to weather lower oil prices. The move marks the first time Linn has cut its dividend-like payments since going public in 2006, and comes after its stock fell 69% over the last six months of 2014.
Tags: capital
energy
spending
dividend
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