commodity prices

Exxon Posts $680M Loss as Oil Slump Continues
Financial Performance

Exxon Posts $680M Loss as Oil Slump Continues

The company disclosed that further capital spending cuts and possible writedowns of assets are ahead as it battles the pandemic-induced oil bust.
By Matthew Heller | October 30, 2020
Read More
Templar Energy Goes Bankrupt to Complete Sale
Credit & Capital

Templar Energy Goes Bankrupt to Complete Sale

With its Chapter 11 filing, Templar is “joining a growing list of distressed operators amid the sharpest oil market downturn in recent memory.”
By Matthew Heller | June 2, 2020
Read More
Alta Mesa Resources Files Chapter 11 Bankruptcy
Credit & Capital

Alta Mesa Resources Files Chapter 11 Bankruptcy

The shale oil startup cited "a historically challenging commodity price environment and a capital market that is highly constrained for energy companies."
By Matthew Heller | September 12, 2019
Read More
Deere Posts 5th Best Year for Sales, Earnings
Financial Performance

Deere Posts 5th Best Year for Sales, Earnings

After some lean years for agricultural machinery sales, farmers are “buying equipment again to replenish aging fleet."
By Matthew Heller | November 24, 2017
Read More
Caterpillar to Close 5 Plants, Cut More Jobs
Strategy

Caterpillar to Close 5 Plants, Cut More Jobs

The downsizing is part of Caterpillar's plan to reduce its workforce by roughly around 10,000 employees and close about 20 production facilities.
By Katie Kuehner-Hebert | April 29, 2016
Read More