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BUSINESS BRIEFS.(TO THE POINT)
ENERGY
KCS Energy earnings beat views
The oil and gas production company reported a 16% fall in Q4 earnings to 81 cents a share, a penny above views. Excluding a tax benefit in 2004, KCS Energy would have posted a 37% rise in Q4 '05 earnings. Revenue jumped 82% to $117.4 mil on a 26% increase in oil and gas production and a 45% increase in average commodity prices. Shares rose 1.5% to 24.66.
** Transocean said one of its deepwater rigs won a 3-year contract extension worth $533 mil with Reliance Industries for drilling operations off the coast of India.
** Chevron leased five sites to refine oil from 180,000 acres of tar-like sands in Alberta, Canada. The leases cost about $70 mil, but development can run into the billions, the company said. Chevron estimates ...
- ABOVE-MARKET PRICE GAS PRODUCTION RISES AT KCS ENERGY
- Press release article from: PR Newswire July 21, 1992 700+ words
...ABOVE-MARKET PRICE GAS PRODUCTION RISES AT KCS ENERGY HOUSTON, July 21 /PRNewswire/ -- KCS Energy production of natural gas under an above...continues, James W. Christmas, president of KCS Energy, Inc. (NASDAQ: KCSE) told a meeting...
- TEXAS COURT UPHOLDS KCS ENERGY ABOVE-MARKET GAS PRICING CONTRACT WITH TENNESSEE...
- Press release article from: PR Newswire June 24, 1992 700+ words
TEXAS COURT UPHOLDS KCS ENERGY ABOVE-MARKET GAS PRICING CONTRACT...Texas, June 24 /PRNewswire/ -- KCS Energy Inc. (NASDAQ: KCSE) today reported...a natural gas sales contract with KCS Energy calling for an above-market price...
- KCS ENERGY EARNINGS UP 56 PERCENT OVER PREVIOUS YEAR
- Press release article from: PR Newswire August 4, 1992 700+ words
KCS ENERGY EARNINGS UP 56 PERCENT OVER PREVIOUS...N.J., Aug. 4 /PRNewswire/ -- KCS Energy, Inc. (NASDAQ: KCSE) today reported...the nine months ended June 30, 1992, KCS Energy reported net income of $1,780,000...
- KCS ENERGY WAS TOP PERFORMING ENERGY STOCK IN 1992; LARGEST DOLLAR GAINER OF...
- Press release article from: PR Newswire January 4, 1993 700+ words
...N.J., Jan. 4 /PRNewswire/ -- KCS Energy, Inc. (NASDAQ: KCSE) was the top...Bloomberg Business News statisticians, KCS Energy, which rose nearly 400 percent during...a minimum 1991 closing price of $3. KCS Energy's percentage gain placed it fifth on...
- KCS ENERGY SECOND QUARTER NET 52 CENTS VS. 9 CENTS
- Press release article from: PR Newswire April 29, 1993 700+ words
...N.J., April 29 /PRNewswire/ -- KCS Energy, Inc. (NYSE: KCS), today reported...the six months ended March 31, 1993, KCS Energy reported net income of $4,248,000...James W. Christmas, president of KCS Energy, said. He said oil and gas production...
- KCS ENERGY ACQUIRES INTERESTS IN 80 WELLS IN TEXAS
- Press release article from: PR Newswire March 18, 1993 700+ words
...HOUSTON, March 18 /PRNewswire/ -- KCS Energy, Inc. (NYSE: KCS) announced today...group receiving half in cash and half in KCS Energy common stock, approximately 131,000...000 barrels of oil/condensate to KCS Energy's proved reserves. "This investment...
- KCS Energy Appoints Seasoned Petroleum Engineer/Manager To Lead Gulf Coast...
- Press release article from: PR Newswire July 28, 1998 700+ words
...HOUSTON, July 28 /PRNewswire/ -- KCS Energy, Inc. (NYSE: KCS) today announced...and will report to William N. Hahne, KCS Energy Senior Vice President and Chief Operating...has also served as Vice President of KCS Energy, plans to retire next month. Commenting...
- KCS ENERGY COMPLETES FIRST INTERSTATE PIPELINE CONNECTION WITH TEXAS EASTERN
- Press release article from: PR Newswire September 10, 1992 700+ words
KCS ENERGY COMPLETES FIRST INTERSTATE PIPELINE CONNECTION...HOUSTON, Sept. 10 /PRNewswire/ -- KCS Energy, Inc. (NASDAQ: KCSE) announced today...Texas, north of Houston, between KCS Energy's 12-inch pipeline system and the...