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Small-Cap Driller Gastar Exploration Is Taking Advantage Of The Downturn, But There's A Catch

2015-10-20 01:14:31| Logistics - Topix.net

However, the company may find itself in a tight corner if it fails to sell assets and oil prices remain subdued. It's been a tough year for oil producers who've seen their stocks decline by an average of nearly 18% this year, as per SPDR S&P Oil & Gas Exploration & Production ETF , but it's been particularly hard for small-cap producers.

Tags: taking advantage catch exploration

 

Halliburton cuts more jobs as fracking hit worst in oil downturn

2015-10-19 23:55:27| Energy - Topix.net

Halliburton cut another 2,000 jobs in the past month as the worst oil market slump in decades saps demand for work at the world's largest provider of fracking services. The Houston-based company said the first quarter of next year may represent the lowest point for its North American profit margin as customers start fresh with new spending budgets for 2016 and tap Halliburton's pressure-pumping expertise to start new wells.

Tags: jobs hit oil worst

 
 

Halliburton cuts more jobs as fracking hit worst in oil downturn

2015-10-19 23:36:27| Oil & Gas - Topix.net

Halliburton cut another 2,000 jobs in the past month as the worst oil market slump in decades saps demand for work at the world's largest provider of fracking services. The Houston-based company said the first quarter of next year may represent the lowest point for its North American profit margin as customers start fresh with new spending budgets for 2016 and tap Halliburton's pressure-pumping expertise to start new wells.

Tags: jobs hit oil worst

 

WSJ: Trucking Industry Braces for Downturn

2015-10-12 16:04:59| Air Courier - Topix.net

The trucking industry reportedly is bracing for a downturn, and that's a poor signal for the U.S. economy. Private trucking and logistics executives told the Cowen and Co.

Tags: industry trucking braces wsj

 

WSJ: Trucking Industry Braces for Downturn

2015-10-12 15:17:36| Trucking - Topix.net

The trucking industry reportedly is bracing for a downturn, and that's a poor signal for the U.S. economy. Private trucking and logistics executives told the Cowen and Co.

Tags: industry trucking braces wsj

 

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