Sentences with phrase «higher than any production»

Still, it deserves a good amount of credit for what it is able to achieve with its sights set higher than any production before it.

Because the demand for oil is so high, it will always be higher than production; thus the depletion rate will continue until all recoverable oil is extracted.

Not exact matches

Continental posted net income of $ 233.9 million, or 63 cents per share, compared with $ 469,000, or less than a penny per share, in the year - ago quarter, when oil prices plummeted - and the company's production costs were higher.

As Third Pin continued assessments on the cost of production, the company found that it would be higher than initially thought.

The price of oil could then spike in the future if the lower oil production meets higher than expected demand.

Hope for exporting Canada's surplus production, especially from the mammoth shale fields in northeastern B.C., now rests on the construction of terminals on the B.C. coast to liquefy the gas and ship it to Asia, where prices are currently six times higher than they are here.

The euro zone region also enjoyed stronger than expected industrial production in December but that failed to push the single currency higher on Wednesday.

The stock has lost more than a quarter of its value since touching a high of $ 389.61 in September, mainly due to reports of bottlenecks around its Model 3 production.

Western Australia's only onshore oil producer has suspended production after being hit by the low oil price and the high cost of trucking its output to Wyndham rather than the much closer port at Broome.

The Guardian spoke with several of the brand's workers at the PT Buma Apparel Industry factory, who told the publication that they are paid one of the lowest minimum wages in Asia — less than $ 6 a day — while at the same time being tasked with high production rates.

Analyses of steel tariffs imposed by Bush found they created fewer jobs in steel production than they destroyed through higher prices for steel - consuming industries.

OPEC wants to keep oil prices relatively higher than they have been in recent years, having lost $ 76 billion in 2016 due to cheap oil caused by rising American and Iranian oil production, according to a report by the US Energy Information Administration (EIA).

«We would agree that Alberta's historic focus on maximizing oilsands production... rather than optimizing production on the highest quality ore may be having unnecessary environmental impacts on things like greenhouse gas intensity and tailings production and lowering returns to Albertans as the owners of the resource,» said Simon Dyer of the Pembina Institute, a clean energy think - tank.

General Motors stock should pop more than 20 percent thanks to higher truck production in North America, according to RBC Capital Markets.

For instance, agriculture has produced record levels for the past few years and yet inventories are the lowest in 40 years because consumption keeps going higher and higher, faster than production does.

The discount on Western Canadian oil production since the spill has hovered around US$ 24 a barrel, much higher than the US$ 13 spread for the past two years, and Scotiabank expects it to average US$ 21.6 a barrel for 2018.

Stéfane Marion, chief economist at National Bank Financial, noted earlier this month Canadian factories currently are using 82 % of their production capacity, a historically strong number that is seven percentage points higher than the corresponding capacity - utilization rate in the United States.

Apr 23, 2018 Pennsylvania's marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf / d) in 2017, 3 % higher than the 2016 level.

This is about 65 percent higher than the total production of crude steel in the U.S.

Earlier production surpluses in May 2005 and January 2012 were higher than today but were short - lived and related to specific non-systemic factors (Figure 9).

Six long laterals on the Quinn pad are averaging more than 70 percent oil, with 24 - hour highs averaging nearly 2,400 Boe / d during initial production.

Total production volumes of 102.7 Mboe / d in first - quarter 2018 increased 6 percent vs. fourth - quarter 2017 and were 76 percent higher than the same period a year ago.

WPX's Delaware production averaged 63.2 Mboe / d in first - quarter 2018, up 8 percent vs. fourth - quarter 2017 and 119 percent higher than the same period a year ago.

Williston Basin production averaged 39.5 Mboe / d in first - quarter 2018, up 2 percent vs. the most recent quarter and 34 percent higher than the same period a year ago.

LONDON Royal Dutch Shell reported on Thursday a 42 percent rise in first - quarter profit to its highest in more than three years on stronger oil prices and production, but its shares fell as the oil major's cash flow missed forecasts.

Others reported higher - than - expected production and raised output guidance for this year.

Natural Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.

Diamondback Energy reported Q2 2017 production 25 percent higher than in Q1 2017, and raised full - year production guidance by 5 percent.

Denver housing starts in 2016 were 22 percent higher than in 2015, but production is still historically low since the housing crash.

New shale oil well productivity drove U.S. production higher in the last few years, with the average daily rate for the first month of operation rising from less than 100 Continue Reading

Pennsylvania's marketed natural gas production averaged a record 15 Bcfd in 2017, 3 % higher than the 2016 level.

Staying on hold would also signal that the Bank trusts the Labour Force Survey more than most people, and puts a higher weighting on labour market than production data.

Centamin pretax profit more than doublesCentamin PLC's (CEE.T) first - quarter pretax profit more than doubled on year, pushed higher by increased production, sales and gold prices.

Following a season of higher - than - expected grain production in the Prairies, farmers are now faced with the most severe backlog in years, with many deliveries for wheat, oats, barley and other products lagging months behind schedule.

Pennsylvania's marketed natural gas production averaged a record 15 billion cubic feet per day (Bcf / d) in 2017, 3 % higher than the 2016 level.

However, Sanchez Energy's plan was to use higher oil prices to boost production and cash flow so it could support the mountain of debt it took on to complete the deal, with its aim to get leverage to less than 3.0 next year.

But for a huge media conglomerate like Disney, even that kind of success isn't enough, especially when Disney knew that a licensing model would mean higher margins and less risk than running an internally - funded effort that shoulders responsibility for marketing, distribution, toy production, physical inventory, and a 300 - person game development studio.

We are also pleased with higher than planned quarterly zinc and copper production, which means the Company is on track to meet annual production guidance.

«According to the last Energy Information Administration quarterly report, coal production in the West is 19.7 percent higher than in the second quarter of 2016.

Gas is easier to produce than oil from shale and other «tight» rocks, and by 2040 the EIA expects US production to be 56 per cent higher than in 2012.

First, production costs are vastly higher now than they were in 2003 - 2004.

Industrial production is estimated to have risen by around 2 per cent over the three months to February to be 7 1/2 per cent higher than a year earlier, while exports have also continued to rise sharply in recent months to be around 30 per cent higher in year - ended terms.

Energy company Shell says its earnings rose more than expected in the third quarter as it benefited from higher market prices and an expansion into gas production.

U.S. softwood lumber production is on the rise, with more Canadian - owned sawmills located in the U.S. than in Canada due to lower labour costs, higher timber availability, and higher demand.

Raw steel production in America remains higher than it was 25 years ago, but it is down significantly from the 1970s.

High - saving countries created employment, and low - saving countries enjoyed faster consumption growth as cheap imports meant that living standards rose by more than the increase in production — worth around half a percentage point a year in the United Kingdom.

It is situated in the Red Lake area, an established mining district with more than 29 million ounces of high grade gold production to date.

This is why, despite the collapse in prices, production is still 1 million bpd higher than it was at the start of 2014.

The stark drop in natural gas prices from an all - time high of more than $ 15 per 1,000 cubic feet in 2005 to near $ 4 today results from a range of factors including the global economic downturn, competitive coal prices, unusually warm winters, the improvement of hydraulic fracturing («fracking») drilling techniques, and the production of natural gas as a byproduct when drillers frack for petroleum.

Despite that big production boost and higher oil prices, Halcon Resources posted an adjusted quarterly loss of $ 8.7 million, or $ 0.06 per share, which was a $ 0.03 - per - share deeper loss than analysts expected.