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Continental Resources to cut up to $350M from 2015 capex

2015-09-09 00:13:40| Electronics - Topix.net

Continental Resources says it plans to cut at least 11% from its 2015 capital spending budget to $2.35B-$2.4B vs. its previous forecast to spend $2.7B, due to the drop in crude oil prices. CLR says it will reduce its operated rig count in the Bakken from 10 to eight rigs by the end of the month, and plans to defer well completion activity except for where it has contractual considerations or it accomplishes specific strategic objectives.

Tags: resources cut continental 350m

 

Conoco results beat estimates, cuts capex amid low oil price

2015-07-30 16:03:24| Oil & Gas - Topix.net

ConocoPhillips , the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist. REUTERS: ConocoPhillips , the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist.

Tags: results price low oil

 
 

Conoco results beat estimates, cuts capex amid low oil price

2015-07-30 15:24:10| Energy - Topix.net

ConocoPhillips , the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist. REUTERS: ConocoPhillips , the largest U.S. independent oil and gas company, reported quarterly results that beat analysts' expectations Thursday and said it would cut capital expenditure as low crude oil prices persist.

Tags: results price low oil

 

BCE earmarks C$20bn in capex through 2020

2015-05-01 02:00:00| Total Telecom industry news

Canadian telco posts solid Q1 results; mobile data revenues up by 24.4%.

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2015 Semiconductor Capex led by Memory & Foundry

2015-04-25 06:30:32| Semiconductors - Topix.net

April 23, 2015 -- Semiconductor industry capital expenditures in 2015 are expected to be $69 billion in 2015, up 6% from $65 billion in 2014 according to IC Insights. We at Semiconductor Intelligence have compiled 2015 capex outlook by company.

Tags: led memory semiconductor foundry

 

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