MarketPulse

Winter Storm Fern

3 articles
BenzingaBenzinga··Southern California Gas Company (Via Prnewswire)

Natural Gas Infrastructure Cuts California Energy Costs 25%, SoCalGas Report Shows

SoCalGas reports natural gas rates fell 25% since 2000; storage avoided $120M costs during Winter Storm Fern.
SRESREAprice volatilityunderground storage
BenzingaBenzinga··Prnewswire

SoCalGas Storage Saves California $120M During Winter Storm as Gas Prices Spike

SoCalGas avoided $120M in costs during Winter Storm Fern using stored natural gas purchased at $3/decatherm instead of $30 market prices.
SRESREASouthern Californiainfrastructure investment
BenzingaBenzinga··Lekha Gupta

Occidental Petroleum Surges on Earnings Beat Despite Analyst Caution

Occidental Petroleum surged 8.26% after beating earnings expectations with 31 cents EPS versus 18 cents consensus. JPMorgan maintained Underweight rating citing first-quarter headwinds.
OXYOXY.WSKNTKearnings beatoil prices