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Do Recent Interest Rates Cuts Portend a Refi Windfall? Maybe Not

2020-03-30 17:54:00| National Real Estate Investor

Banks, life insurance companies and the GSEs are still quoting deals on a selective basis, although spreads are higher and leverage is lower.

Tags: not recent interest rates

 

As Upstream Players Make Deep Cuts, Some Assets Face Less Risk

2020-03-27 20:36:10| OGI

Analysts said the most core projects will move forward, while shorter-cycle developments will see the most dramatic investment cuts.

Tags: make face risk deep

 
 

Petrobras Cuts Output, $3.5 Billion of Capex Amid Pandemic

2020-03-26 14:07:19| OGI

In a securities filing, Petrobras said it was reducing oil production by 100,000 barrels per day (bbl/d) through the end of March due to lower global demand.

Tags: output billion cuts amid

 

Telia cuts FY outlook as virus hits TV & Media, reduces dividend proposal

2020-03-26 13:43:00| Telecompaper Headlines

(Telecompaper) Telia Company said the effects of the Covid-19 pandemic will cause it to miss its 2020 forecast for group EBITDA and operational free cash flow, and that it will reduce its dividend proposal to the AGM. This is because of the impact on Telia's television and media operations, while the effects on the rest of its business are currently limited. There could be an EGM in the autumn to vote on an extra dividend, the company added.

Tags: media hits virus proposal

 

Schlumberger, Halliburton to Accelerate Capex Cuts in Anticipation of Slowdown

2020-03-24 18:30:00| OGI

Schlumberger and Halliburton plan to accelerate cost-cutting in hopes of significantly reducing spending this year, executives from the two major oilfield services firm said during a conference on March 24.

Tags: cuts accelerate anticipation slowdown

 

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