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Caution reigns ahead of oil industry's Q4 results - Laredo Morning Times


Caution reigns ahead of oil industry s Q4 results
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Halliburton is among Houston oil-field services companies set to report fourth-quarter earnings this week.Steve Gonzales, Staff / Houston Chronicle
After a year marked by bankruptcies and layoffs, Houston’s oil and gas industry is set to unveil fourth-quarter earnings amid optimism that the worst is behind and recovery is in sight.
Analysts expect the companies, beginning with Houston oil-field services firms, to show better financial results after massive losses in the second and third quarters. Baker Hughes, Halliburton and Schlumberger, which together lost $269 million in the third quarter and billions of dollars in 2020, report their quarterly earnings this week. ....

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Alvarez & Marsal Appoints Hickey MD to Bolster Oil & Gas Sector Offering - News


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Alvarez & Marsal Appoints Hickey MD to Bolster Oil & Gas Sector Offering
January 07, 2021, 08:00 AM
Alvarez & Marsal (A&M) has appointed Patrick Hickey as a Managing Director in the firm’s Houston-based Energy group within its Corporate Performance Improvement (CPI) practice. Mr. Hickey’s appointment, combined with his 30-year energy and financial management track record, advances A&M’s commitment to develop solutions that address the market’s evolving needs.
Mr. Hickey specializes in energy and financial structuring for debt, equity and mezzanine financing within the oil and gas sectors. He has extensive experience originating, executing and managing complex transactions along with guiding upstream and midstream capital investments and has been involved with several restructurings. ....

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