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UPDATE 1-Continental Resources quarterly loss misses expectations
2016-02-25 03:02:31| Electronics - Topix.net
Feb 24 Continental Resources Inc, North Dakota's second-largest oil producer, reported a bigger-than-expected fourth-quarter loss on Wednesday as depressed crude prices eroded margins. The loss, expected after a string of negative reports from peers, highlights the immense pain the oil and gas industry is feeling now in the commodity price slump.
Tags: resources
update
loss
expectations
Chesapeake reports 4Q loss
2016-02-24 13:56:37| Oil & Gas - Topix.net
Chesapeake Energy Corp. on Wednesday reported a fourth-quarter loss of $2.19 billion, after reporting a profit in the same period a year earlier.
Tags: reports
loss
chesapeake
Chesapeake reports 4Q loss
2016-02-24 13:56:05| Energy - Topix.net
Chesapeake Energy Corp. on Wednesday reported a fourth-quarter loss of $2.19 billion, after reporting a profit in the same period a year earlier.
Tags: reports
loss
chesapeake
Wesfarmers' resources business suffers first loss in 16 years
2016-02-24 09:14:57| Agriculture - Topix.net
Wesfarmers chief executive Richard Goyder says it is unlikely the Perth-based conglomerate will offload its struggling resources division, which posted its first loss in 16 years on Wednesday. The resources division, which includes Curragh Coal in Queensland and the 40 per cent-owned Bengalla coal mine in NSW, was one of only two divisions to record a drop earnings in the six months to December 31, driven by currency hedge losses and lower export coal prices.
Tags: business
years
resources
loss
Sugar industry records $83m loss
2016-02-24 07:57:13| Sugar Industry News
THE sugarcane industry has recorded an initial estimated total loss of $83million because of the widespread devastation caused by Severe Tropical Cyclone Winston.
Tags: records
industry
loss
sugar
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