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Jessica Seaman

Stories by Jessica

Gas driller to cut state outlays 40%

posted: 02/28/2015 1:53 a.m. Discuss

Southwestern Energy Co., the main driller operating in the Fayetteville Shale, has announced plans to cut spending in Arkansas by 40 percent this year.

Acxiom job cuts hit some in state

posted: 02/26/2015 2:05 a.m. Discuss

Acxiom Corp. is laying off part of its workforce, including about 25 employees in central Arkansas, as the company combines with the San Francisco-based tech startup it purchased last year for $310 million.

Losses sap Windstream share price

posted: 02/25/2015 2:11 a.m. Discuss

Windstream Holdings Inc.'s shares tumbled more than 8 percent Tuesday after the telecommunications firm reported a loss for both its 2014 fourth quarter and fiscal year.

Holiday sales drive Dillard's 4th-quarter profit up 9.6%

posted: 02/24/2015 2:03 a.m. Discuss

Dillard's Inc. on Monday reported a profit of $130.5 million for its fourth quarter, a 9.6 percent increase from the same period in the previous fiscal year.

Oil drillers dial back as gas firms did in '12

posted: 02/22/2015 2:05 a.m. Comment 1

When natural-gas prices plunged in 2012, energy producers found refuge in the nation's liquid-rich shale formations where they could pump out oil, natural gas and natural-gas liquids for a larger profit.

Natural-gas supply tops 5-year average, U.S. report says

posted: 02/20/2015 2:07 a.m. Discuss

A government report Thursday showed a surplus in the U.S. natural gas stockpile, almost a year after the nation's inventory plunged to an 11-year low.

Firms rethink shifting fleets to natural gas

posted: 02/15/2015 2:05 a.m. Discuss

The prospect of cheaper gasoline has prompted some companies and cities, at least tentatively, to reconsider plans to convert their fleets of cars, trucks and buses to run on natural gas.

Low crude prices distress oil field servicers

posted: 02/08/2015 2:37 a.m. Discuss

U.S. oil producers are starting to cut spending this year and are idling drilling rigs. That's not good news for the oil field services companies that now face the possibility of declining business and layoffs.

Acxiom reports upswing in profit

posted: 02/05/2015 2:17 a.m. Discuss

After a string of quarterly losses, Acxiom Corp. on Wednesday reported its first profit for the company's 2015 fiscal year.

Murphy USA credits wholesale fuel costs for 5% gain in profit

posted: 02/05/2015 2:17 a.m. Discuss

Murphy USA Inc. on Wednesday reported a 5 percent jump in fourth-quarter profit for 2014.

Cheap gas gives people cash to burn

posted: 01/31/2015 1:57 a.m. Discuss

The drop in oil prices is proving to be a boon for U.S. households, according to government reports. Lower gasoline prices coupled with improvements in employment are lifting consumer confidence and spurring spending, economists say.

Murphy Oil shrinks '15 budget 33%

posted: 01/29/2015 2:17 a.m. Discuss

Stung by falling oil prices, Murphy Oil Corp. on Wednesday joined other U.S. energy companies in cutting its capital budget for 2015.

As crude prices drop, state biofuels take hit

posted: 01/26/2015 2:27 a.m. Discuss

Pinnacle Biofuels in Crossett is about to enter a second month of running at reduced capacity -- a course plant manager Brad Dobson said he hopes to end by March.

Airline costs falling; fares not so much, say analysts

updated: 01/21/2015 4:13 a.m. Discuss

Airlines are expected to see a big jump in revenue this year as the cost of jet fuel declines. An international airline trade group said airfares will shrink 5 percent as a result of cheaper fuel, but some analysts say it will be a while before passengers flying out of Little Rock or Northwest Arkansas see lower prices.

Still room to fall for pump prices, gas watchers say

updated: 01/16/2015 2:39 a.m. Discuss

Motorists in Arkansas are filling up with some of the cheapest gasoline in six years, the result of a turbulent oil market heavy with supply.

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