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Why Investors Should Not Be Worried About Chevron's Massive CapEx

2013-12-07 20:09:13| Chemicals - Topix.net

One of the world's leading integrated energy companies, Chevron has been spending enormous amounts of cash on some of its biggest projects to ramp up its production of oil and gas.

Tags: massive investors worried capex

N. American E&Ps Poised To Lead 2014 Global Capex Spend

2013-12-05 15:30:00| OGI

A record $800 billion is expected to be spent globally, report states.

Tags: american global lead spend

Voda unveils 7bn capex plan as Europe weighs on 1H results

2013-11-12 01:00:00| Total Telecom industry news

U.K.-based mobile operator details Project Spring, sees improving regulatory and business climate.

Tags: results plan europe voda

Vodacom to accelerate capex after strong growth in H1

2013-11-11 09:19:00| Telecompaper Headlines

(Telecompaper) Vodacom Group posted a 6.6 percent year-on-year increase in revenue to ZAR 36.7 billion for the fiscal first half to September, reporting strong growth in its international operations and improved growth trends in South Africa. Active customers increased 9.7 percent to 53.8 million at 30 September, with net connections of 949,000 for South Africa and 2.3 million at the International operations for the six-month period. Group EBITDA grew 9.6 percent to ZAR 13.2 billion, at the top end of the mobile operator's mid-term guidance of mid to high single-digit growth. Headline earnings per share were up 10.9 percent to ZAR 4.39, and operating cash flow improved 2.5 percent to ZAR 6.3 billion. Capital investment totaled ZAR 4.9 billion, up 2.9 percent. Vodacom said it plans to step up capital spending in order to strengthen its market share. It raised its mid-term guidance for capex to 14-17 percent of revenue, from an outlook of 11-14 percent issued in May, saying this should also support growth in revenue and EBITDA. At the same time, it maintained its policy to pay out at least 90 percent of headline EPS as dividends and declared an interim dividend per share of ZAR 3.95.

Tags: strong growth accelerate h1