Cheniere CEO’s 2019 compensation drops
Fusco’s reduced compensation narrowed the gap to that of his median employee.
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Building "Bridges" Across the Bayou City!
Fusco’s reduced compensation narrowed the gap to that of his median employee.
Read MoreHouston’s oil and gas industry is heavily exposed to plunging oil prices, but companies have already been cutting costs for six years and don’t have much wiggle room left.
Read MoreThe company entered bankruptcy in October with a plan in place. Now that plan has disintegrated.
Read MoreIn many cases, it would have taken longer for a large company to put together a prearranged bankruptcy, but discussions with creditors were already in the works.
Read MoreSanchez Midstream’s sister company, from which it draws the majority of its revenue, has been in bankruptcy courts for months.
Read More“Already a lot of companies are readjusting their financial plans and figuring out that they have to go through some kind of restructuring.”
Read MoreThe CEO’s total compensation increased by more than $1 million in 2019 as his stock awards grew.
Read MoreLast month, Halliburton also put about 3,500 Houston employees on furlough for a 60-day period. The company also started 2020 with about 5,000 fewer employees worldwide than it had a year earlier.
Read MoreHouston-based Enterprise Products Partners LP (NYSE: EPD) has picked up another $1 billion in credit, giving it more room to borrow money.
The additional credit represents a 20 percent increase for the company’s existing $5 million in aggregate borrow…
Read MoreTechnipFMC PLC (NYSE: FTI) has cut about a third of its spending plans for 2020, and it’s looking to reduce costs even beyond that.
TechnipFMC, which has headquarters in Paris, London and Houston, has reduced its 2020 capital expenditure plan by $150 …
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