59 articles for

August 2011

LIQUIDITY ALERT: Whiting Petroleum’s Current Deficit Rises by 7%

Whiting Petroleum Corporation’s working capital deficit rose 7%, or US$15.7 million, from US$225.7 million at Dec. 31, 2010, to US$241.4 million at June 30, 2011.

The Company reported current assets of…

LIQUIDITY ALERT: Xcel Energy Has US$159.8 Million Current Deficit

As of June 30, 2011, Xcel Energy Inc.’s working capital deficit was US$159.8 million. The Company had working capital of US$196.1 million as of Dec. 31, 2010.

Cash provided by operating…

LIQUIDITY ALERT: ‘mktg, inc.’ Has US$1,986,000 Current Deficit

As of June 30, 2011, ‘mktg, inc.’ had a working capital deficit of US$1,986,000. The deficit was US$3,099,000 as of March 31, 2011. The decrease in the deficit was primarily…

LIQUIDITY ALERT: Kinder Morgan Has US$991.9 Mln Current Deficit

Kinder Morgan Energy Partners, L.P., had working capital deficits of US$991.9 million as of June 30, 2011, and US$1.477 billion as of Dec. 31, 2010.

The favorable change from year-end 2010…

LIQUIDITY ALERT: Cabot Oil Has US$50.9 Million Current Deficit

Cabot Oil & Gas Corporation’s working capital deficit was US$50.9 million as of June 30, 2011. The deficit was US$100.8 million as of Dec. 31, 2010.

The Company believes it has…

LIQUIDITY ALERT: Miller Energy Has US$7.7 Mln Current Deficit

Miller Energy Resources, Inc., had a working capital deficit of US$7,691,517 at April 30, 2011, as compared to a working capital surplus of US$229,384 at April 30, 2010. This decrease…

LIQUIDITY ALERT: AEP and Subsidiaries’ Current Deficit Down 24.6%

American Electric Power Company and subsidiary companies’ working capital deficit decreased 24.6%, or US$369 million, from US$1.502 billion at Dec. 31, 2010, to US$1.133 billion at June 30, 2011.

The Company…

LIQUIDITY ALERT: Penn Virginia Has US$4.1 Million Current Deficit

Penn Virginia Resource Partners, L.P.’s working capital deficit was US$4.1 million as of June 30, 2011. The deficit was US$8.1 million as of Dec. 31, 2010.

As of June 30, 2011,…

LIQUIDITY ALERT: BNA’s Working Capital Deficit Down by 8.8%

The Bureau of National Affairs, Inc.’s working capital deficit fell 8.8%, or US$9.2 million, from US$103.5 million at Dec. 31, 2010, to US$94.3 million at June 18, 2011.

The Company reported…

LIQUIDITY ALERT: Frisch’s Restaurants Has US$14MM Current Deficit

Frisch’s Restaurants, Inc.’s working capital deficit was US$14,240,000 as of May 31, 2011. The deficit was US$18,661,000 as of June 1, 2010. Most of the improvement is attributable to a…

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