Sentences with phrase «production growth this year»

In fact, they've exceeded expectations in terms of their production growth this year.

Not exact matches

In the two years since that nadir, Enerplus has posted double - digit year - over-year growth in production, reserves and cash flow.

The value of Australian iron ore exports is expected to fall next year as strong growth in production volumes is offset by a slump in prices to a forecast $ US52.10 per tonne in 2016.

China's box office revenue is still swelling at double - digit rates after years of breakneck growth and, with Hollywood know - how and bigger budgets, Chinese movies are gaining momentum as they find ways to play on domestic themes and improve production quality.

«This year, however, (OPEC's) production curbs will increasingly have to make do with playing second fiddle to a Texas - sized wave of U.S. shale growth,» Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note Wednesday.

In a closely - watched monthly report published by the International Energy Agency (IEA) on Tuesday, the Paris - based organization said a rise in global oil production — led by the U.S. — was on track to outpace growth in demand this year.

«The most significant growth came from the company's U.S. operations, where oil production increased 82 % year over year,» the company's Q4 2014 operations report said.

The company returned to profitability last quarter, while investments in expanding its reach and scale have it positioned to ride the growth in shale production even higher in coming years.

«At the same time, we see significant momentum for alternative energy vehicles, an inferior competitive landscape and continued progress on Model 3 production driving more than 70 % top - line growth this year, easily one of the fastest ever by a multibillion - dollar company.

LONDON, May 1 - BP's profits surged in the first three months of the year to their highest since mid-2014, driven by a recovery in oil and gas prices and rapid growth in production.

After two years of phenomenal growth, we faced a major production issue with a key retailer that had the possibility to cripple the company.

American Giant launched a women's line in May; the growth forecast for 2013 is 10 times greater than last year; production capacity is 20 times what it was in December; and the company is beating its own sales projections.

Data from China's National Bureau of Statistics showed the consumer price index rose 3.2 percent in February from a year ago, versus expectations of a 3.0 percent rise, while annual industrial production (IP) growth in January and February combined at 9.9 percent was the lowest since October 2012 - the starting point of China's nascent economic recovery.

Said Poloz: «That comparative advantage has been strengthened by the decline in the Canadian dollar in the past couple of years — a symptom of falling resource prices, and a facilitator of the rotation of growth from resource production to other sectors.»

Growth in industrial production picked up during the course of last year, as did export growth, probably a result of rising Chinese demand (GraGrowth in industrial production picked up during the course of last year, as did export growth, probably a result of rising Chinese demand (Gragrowth, probably a result of rising Chinese demand (Graph 6).

An uptick in commodity prices, combined with two years of supply cost cuts, created some room to get financial houses in order and invest in production growth in 2017.

There's been steady growth of silver production in the last 50 years, but it's not enough to satisfy growing industrial demand.

In the United States, March retail sales, industrial production and housing figures all disappointed, and the persistent softness in U.S. economic data means the United States will struggle to hit the 3 % annual growth rate that investors had expected at the beginning of the year.

Last year, the federal government announced it would develop a policy that aims to cut more carbon pollution than any other in the Pan-Canadian Framework on Clean Growth and Climate Change, by promoting the production and use of cleaner fuels in vehicles, buildings and industry.

Chief executive Andrew Mackenzie praised the record production levels in iron ore and said BHP «remains on track to achieve 6 per cent volume growth for the 2018 financial year».

That said, while Baytex does see low - single - digit production growth next year, many of its peers will grow much faster, including Canadian Natural Resources, which will benefit from the completion of two major expansion projects over the next 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.

Syria, Russia say Israel launched missile strike on Syrian air base Wall St Journal Hungary's nationalist prime minister wins third term in power: Reuters Trump predicts China will blink first in trade dispute with US: Bloomberg Trump administration officials soften tone on trade dispute with China: WSJ N. Korea says it will discuss denuclearization: NY Times Kudlow: White House considering plans to undo parts of spending bill: Wash Exam US hiring growth slowed sharply in March: Bloomberg German industrial production fell by the most in over 2 years in Feb: Reuters Forward curve for 1 month overnight indexed swap rate inverts: Bloomberg Many US state govts struggling with weak revenue growth: The Economist

In a sign that the U.S. shale patch is boosting output that has been keeping a lid on oil prices, four U.S. shale companies reported second - quarter production that beat targets and increased their respective full - year output growth guidance.

Devon Energy's (NYSE: DVN) optimistic production outlook, raising its full - year guidance to 536M - 560M boe / day to reflect 16 % Y / Y growth, is good news...

The company raised its full - year 2017 U.S. crude oil growth target to 20 percent from 18 percent and total company production growth target to seven percent from five percent, keeping capital spending plans intact.

A humdrum, fifty - dollar - a-barrel price outlook for next year is part of a recipe to stifle investment, mute production growth and burn off inventories.

Some analysts now expect global production to fall 3 percent in 2016, after seven straight years of growth.

Craft beer volume production was slightly more positive with a 6 % growth rate between 2015 and 2016, producing 24.6 million barrels last year.

The expected strong demand growth, coupled with OPEC's production cuts, is making oil analysts and traders at the Singapore conference more bullish this year than at the same event last year, according to Bloomberg.

Year - over year growth in real GDP, real gross domestic income, durable goods orders, real retail sales, industrial production and other measures are all down to levels typically observed at the beginning of recessiYear - over year growth in real GDP, real gross domestic income, durable goods orders, real retail sales, industrial production and other measures are all down to levels typically observed at the beginning of recessiyear growth in real GDP, real gross domestic income, durable goods orders, real retail sales, industrial production and other measures are all down to levels typically observed at the beginning of recessions.

Over the past year, despite strong U.S. shale production growth, global inventories have steadily declined.

If management can make progress over the next year or two and improve returns even without substantial growth in production, the market will likely respond favorably.

As a result of these factors, Pioneer expects production growth to come in at the low end of its 15 % - to - 18 % guidance range for the year, while oil as a percentage of total production will be 58 % instead of the 62 % it expected.

Reuters News PE Hub — IPO (Canada) Resurrected Canadian steelmaker Stelco Holdings Inc is banking on growth from ramped - up production and acquisitions, Chief Executive Alan Kestenbaum said on Friday, as the 107 - year - old company completed its initial public offering.

This is particularly probable given the difficulty of securing permits for new projects and forecasts of significant production growth over the next five years.

For example, BorgWarner CEO James Verrier said, «China light vehicle production was up close to 7 %, which was well ahead of our expectations as we went into the quarter,» and then, discussing the full - year, said, «I would say we're closely aligned with IHS» view, which is calling for about 2 % growth in China.»

Although there has been a noticeable lift in business confidence over the past six months or so, manufacturing production has shown no growth over the past year.

Growth in industrial production has slowed gradually but remains strong; production expanded by 14.4 per cent over the year to December, down from a peak of 19.4 per cent in March.

While the US Energy Information Administration expects the US crude oil production to increase about 29,000 bpd this year and 57,000 bpd next year, Rystad Energy believes that the growth will be 100,000 bpd each month for rest of this year and into 2018, if oil prices sustain the $ 50 - $ 55 per barrel levels, reports Reuters.

In the years ahead, oil production will decline to remove excess capacity, prices will again rise above costs, energy company margins will recover, and market - level earnings will return to a normal rate of growth.

Beyond the reasonably favourable outlook for the next few years, growth in productive capacity and exports in the resources sector over the longer term will depend on future mineral discoveries (though existing reserves could support production and exports of some commodities, such as coal, for a considerable time).

In the case of those commodities where there has been reasonable growth in recent years, there would appear to be good prospects for further increases in production and exports.

There has also been a slowing in industrial production; year - ended growth fell from around 3 per cent in the middle of the year to 0.7 per cent in November, reflecting falls in German and Italian production.

While higher production of wheat, canola and sugar suggests higher export growth over the next year, the slowdown in slaughter rates for beef indicates some softening in meat exports.

The implied increase in overall resources production over the next three years, if realised, would facilitate resource export growth over the next few years at about the same pace as seen in the 1980s and 1990s.

An unrelenting surge in Permian Basin drilling, which is driving record gas production growth there this year, now appears to be facing market and infrastructure constraints that could come as Continue Reading

He added that slower growth amongst the nation's top craft manufacturers had impacted year - end production figures as well, perhaps skewing the perception of industry growth over all.

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.

Similarly, we don't presently observe a year - over-year decline in industrial production, but note that the current rate of growth is already below the level that prevailed at the beginning of prior U.S. economic recessions.