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Needed: Lazy Capex, Some M&A

2019-08-01 14:00:00| OGI

The pressure on publics is extreme in all commodity environments, good or bad, but especially now that investor sentiment has soured.

Tags: needed lazy capex

 

Equinor Reduces 2019 Capex Spending View After 2Q Lags

2019-07-25 15:21:10| OGI

The company now expects capex of between $10 billion and $11 billion in 2019 against its previous guidance of $11 billion.

Tags: view spending reduces lags

 
 

Chesapeake Net Loss, Bigger-Than-Expected Capex Send Shares Down 4%

2019-05-08 15:44:39| OGI

Chesapeake Energy reported a bigger first-quarter net loss, as it spent more than analysts had expected and took a hit from lower natural gas and crude prices, sending its shares down 4%.

Tags: net send loss shares

 

Du increases capex by 40% as it looks to fast track 5G in the UAE

2019-02-20 01:00:00| Total Telecom industry news

UAE based telco, Du, is to increase its spending on 5G by up to 40 per cent, according to reports in the Emirati press.  Du will reportedly increase its 5G related capital expenditure from AED 1 billion ($273 million) to AED 1…read more on TotalTele.com »

Tags: in to the fast

 

Verizon forecasts modest revenue growth, flat earnings, higher capex in 2019

2019-01-29 13:59:00| Telecompaper Headlines

(Telecompaper) US operator Verizon reported revenues for 2018 up 3.8 percent and said it expects similar, low single-digit percentage growth in 2019. Adjusted EPS was better than expected, rising 26 percent to USD 4.71 thanks to tax benefits in Q4, but Verizon said it expects a negative impact this year from new accounting rules on leases. Capital expenditure will also increase this year as the operator ramps up its 5G roll-out. 

Tags: higher growth flat revenue

 

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