posted: 02/28/2015 1:53 a.m.
Southwestern Energy Co., the main driller operating in the Fayetteville Shale, has announced plans to cut spending in Arkansas by 40 percent this year.
posted: 02/26/2015 2:05 a.m.
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.
posted: 02/25/2015 2:11 a.m.
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.
posted: 02/24/2015 2:03 a.m.
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.
posted: 02/22/2015 2:05 a.m.
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.
posted: 02/20/2015 2:07 a.m.
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.
posted: 02/15/2015 2:05 a.m.
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.
posted: 02/08/2015 2:37 a.m.
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.
posted: 02/05/2015 2:17 a.m.
After a string of quarterly losses, Acxiom Corp. on Wednesday reported its first profit for the company's 2015 fiscal year.
posted: 02/05/2015 2:17 a.m.
Murphy USA Inc. on Wednesday reported a 5 percent jump in fourth-quarter profit for 2014.
posted: 01/31/2015 1:57 a.m.
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.
posted: 01/29/2015 2:17 a.m.
Stung by falling oil prices, Murphy Oil Corp. on Wednesday joined other U.S. energy companies in cutting its capital budget for 2015.
posted: 01/26/2015 2:27 a.m.
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.
updated: 01/21/2015 4:13 a.m.
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.
updated: 01/16/2015 2:39 a.m.
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.