The U.S. shale industry is set to achieve a significant milestone in 2021: If West Texas Intermediate (WTI) futures continue their strong run and average at $60 per barrel this year and natural gas and NGL prices remain steady, producers can expect a record-high hydrocarbon revenue of $195 billion before factoring in hedges, a Rystad Energy analysis shows. The previous…
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Rystad: Producers Could See Record-High Hydrocarbon Revenue
The U.S. shale industry is set to achieve a significant milestone in 2021: If WTI futures continue their strong run and average at $60 per barrel this year and natural gas and NGL prices remain steady, producers can expect a record-high hydrocarbon revenue of $195 billion before factoring in hedges, a Rystad Energy analysis shows. The previous record of $191…
Read MoreChanges In Lease Accounting
There Are Important Changes To Lessees’ Financial Statements Under The New Lease Accounting Standard.
Read MoreHeadwaters MB Aggregates Market Report
In This Updated Analysis Prepared for Rock Products, Headwaters MB Looks At Second-Quarter 2016 Aggregates-Industry Trends Such As Mergers, Stone Production and Pricing. By Brian Krehbiel
Read MoreHeadwaters MB Aggregates Market Report
IN THIS UPDATED ANALYSIS PREPARED FOR ROCK PRODUCTS, HEADWATERS MB LOOKS AT SECOND-QUARTER 2016 AGGREGATES-INDUSTRY TRENDS SUCH AS MERGERS, STONE PRODUCTION AND PRICING. By Brian Krehbiel
Read MoreAcquisitions Fuel Summit Materials’ Second-Quarter Success
Summit Materials Inc. announced results for the second quarter of 2016. Aggregates volume and price increased 10.9 percent and 9.5 percent, respectively. Cement volume and price increased 114.7 percent and 10.7 percent, respectively.
Read MoreVulcan Aggregates Shipments up 9 Percent This Year
Vulcan Materials Co. announced results for the second quarter ended June 30, 2016. Second quarter total revenues, compared with prior year’s second quarter, increased $62 million, or 7 percent, to $957 million. Gross profit increased $58 million, or 25 percent, to $292 million.
Read MoreFairmount Santrol Announces First-Quarter 2016 Results
Fairmount announced results for the first quarter of 2016. First-quarter 2016 revenues were $145.5 million, up 8 percent from $134.9 million in the fourth quarter of 2015, and down 52 percent from $301.5 million for the same period in 2015. Overall volumes sold were 2.1 million tons for the quarter, an increase of 10 percent from 1.9 million tons in the fourth quarter…
Read MoreVulcan First-Quarter Revenues Leap 20 Percent
Vulcan Materials Co. announced results for the first quarter ending March 31, 2016. The company said it’s first-quarter results reflect continued strong revenue growth and margin expansion. Total revenues increased $123 million, or 20 percent, to $755 million. Gross profit increased $87 million, or 112 percent, to $165 million.
Read MoreRock Products’ Aggregate Industry Market Report
In This Updated Analysis Prepared For Rock Products, Headwaters MB Looks At Fourth-Quarter 2015 Market Trends Such As Mergers, Stone Production And Pricing. By Brian Krehbiel
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