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Range Announces First Quarter 2019 Financial Results

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FORT WORTH, Texas, April 22, 2019 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today announced its first quarter 2019 financial results.  Highlights – GAAP cash flow provided from operating activities of $261 million, and non-GAAP cash flow of $269 million GAAP net income of $1.4 million ($0.01 per diluted share), and non-GAAP net income Read More

PrairieSky Announces 2019 First Quarter Results

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CALGARY, Alberta, April 22, 2019 (GLOBE NEWSWIRE) — PrairieSky Royalty Ltd. (“PrairieSky” or the “Company“) (TSX: PSK) is pleased to announce its first quarter (“Q1 2019“) operating and financial results for the period ended March 31, 2019. PRESIDENT’S MESSAGE  First Quarter 2019 Highlights: • Total revenues of $73.2 million, up 42% from $51.6 million in Read More

Oil prices climb as U.S. set to end Iran sanction waivers

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SINGAPORE (Reuters) – Oil prices jumped on Monday as the United States looked set to announce that all buyers of Iranian oil must end their imports or be subject to sanctions. FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo Brent crude futures Read More

Oil prices hit Nov 2018 highs on report U.S. will end Iran oil sanction waivers

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SINGAPORE (Reuters) – Oil prices rose by more than 1 percent on Monday to levels not seen since November 2018, driven up by a Washington Post opinion column that said the United States is preparing to announce all imports of Iranian oil must end or be subject to sanctions. FILE PHOTO: An oil pump jack Read More

Oil prices rise on decline in U.S. drilling activity, OPEC supply cuts

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FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada, July 21, 2014. REUTERS/Todd Korol/File Photo SINGAPORE (Reuters) – Oil prices rose early on Monday, with Brent hitting its highest level since November, driven up by a decline in U.S. drilling activity and ongoing supply cuts led by producer club Read More

Tesla to shrink board to seven directors from 11

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(Reuters) – Tesla Inc said on Friday that four members of its eleven-member board would be leaving over the next two years, as the electric car company looks to streamline its board. FILE PHOTO: A Tesla logo is seen in Los Angeles, California U.S. January 12, 2018. REUTERS/Lucy Nicholson/File Photo Brad Buss, Antonio Gracias, Stephen Read More

Oil prices inch up on signs of tighter global supply

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NEW YORK (Reuters) – Oil futures edged up on Thursday as a drop in crude exports from OPEC’s de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices. FILE PHOTO: An oil well pump jack is seen at an oil field supply yard near Denver, Colorado, U.S., February Read More

Facebook draws liberal ire for hiring conservative ‘fact-checkers’ for once

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A fact-checking spinoff of the conservative website Daily Caller has partnered up with Facebook to police fake news, and mainstream media are outraged. The social media behemoth has added Daily Caller’s CheckYourFact.com to its list of US media partners this week, sparking outrage among the mainstream (and politically rather differently aligned) media outlets, who argued Read More

Tesla’s Elon Musk, SEC get another week to work out deal on Twitter use

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NEW YORK (Reuters) – Tesla Inc Chief Executive Elon Musk and the U.S. Securities and Exchange Commission will get another week to settle a dispute over Musk’s use of Twitter, a federal judge ruled Thursday. FILE PHOTO: Tesla CEO Elon Musk arrives at Manhattan federal court for a hearing on his fraud settlement with the Read More

Automakers invest heavily in electric vehicles despite still-low demand

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NEW YORK (Reuters) – Demand for electric vehicles remains low in the U.S. market, but industry executives at the New York auto show this week said they are pushing ahead with billions of dollars in investments even while preaching patience. FILE PHOTO: FILE PHOTO: A Rivian R1S All-Electric SUV is displayed at the 2019 New Read More