Loren C. Steffy's Blog, page 23
February 6, 2013
Failure seems to pay for ATP execs
Wednesday’s column, available on houstonchronicle.com: What’s the price of failure? If you’re an executive at ATP Oil & Gas, it’s about five times the price of success. The bankrupt Houston company at the end of last year awarded hundreds of thousands of dollars in bonuses to top executives – members of the same management team Read More
February 5, 2013
As Dell goes private, whither H-P?
It's a safe bet Michael Dell already has a strategy for transforming the company, and he now has a freer hand to do what he wants.
February 4, 2013
Pipeline operators take different routes to growth
Houston is home to the country's two biggest pipeline operators, Kinder Morgan Energy Partners and Enterprise Products Partners, and the two companies have embraced divergent strategies in delivering returns for investors.
February 1, 2013
Revealing personal finance’s dark side: Friday Bookshelf
What Olen calls for in Pound Foolish is a change in the way we talk -- and think -- about money. Only then can we adopt a more realistic approach to personal finance.
Chesapeake CEO leaves mixed legacy
McClendon may define the company's past, but he also laid the foundation for its future.
January 31, 2013
What I’m reading with my morning coffee | 1.31.13
Chesapeake shares surge in wake of CEO move. Aubrey’s ouster lifts the McClendon markdown. White House targets oil and gas tax breaks as part of plan to replace sequester. Facing expiring tax credit, wind industry posts record year. Growth is soooo much easier when it’s subsidized. No wonder renewable energy industries are pushing for new Read More
January 30, 2013
Kinder deal gives Copano investors long-awaited payout
Copano was once among the fastest-growing pipeline partnerships in the U.S., but distribution growth has slowed in the past four years.
Offshore drillers could learn from aviation
Rather than using commercial aviation as an excuse, the offshore energy industry should use it as a model for improving safety.
January 28, 2013
Byproduct of a boom: gas flares visible from space
The NASA images are a reminder that at a time when the U.S. strives for to reduce dependence on foreign oil, it's literally burning up the very fuel that may power the path to independence.
Contractor to Chesapeake: pay up
In western New York State, where Chesapeake has been using hydraulic fracturing to unleash new natural gas reserves from the Marcellus Shale formation, contractors have had a harder time getting paid as Chesapeake's financial problems mounted, said Charlie Joyce, who sued the company last year for unpaid bills.
