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Just six months ago energy companies were the kings of the hill, delivering stronger results than any other market sector, but 2012 is looking very different, if first-quarter results are signs of future fortune.
Part of the reason was the drop in natural gas prices to lows not seen in a decade. Half the companies in the sector missed Wall Street’s estimates for the first quarter, a blow analysts did not see coming………………………………………..Full Article: Source
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Commodities Briefing - Categorized | Energy, Market Moves, Price Watch more
For energy companies 2012 likely to be fraught with pricing peril
| Posted on 16 May 2012 |
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