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75% of CFOs Embrace Double Digit Spending Increases
CFOs want to spend more, but access to capital is the challenge, per the CFO Alliance sentiment report.
By
Adam Zaki
| January 26, 2023
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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
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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
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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
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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
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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
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