--- title: THM Web Wednesday - Feb. 10, 2016 description: Tulsa Heaters Midstream weekly take on the Midstream oil and gas industry and more, including articles and thoughts from around the web. image: https://blog.tulsaheatersmidstream.com/hubfs/THM_Web_Wednesday.jpg --- [![Tulsaheatersmidstream](https://blog.tulsaheatersmidstream.com/hs-fs/hubfs/THM-Dec2015/Images/logo.png?width=307&name=logo.png "Tulsaheatersmidstream")](http://www.tulsaheatersmidstream.com/) - [Home](http://www.tulsaheatersmidstream.com/) - [About](http://www.tulsaheatersmidstream.com/about-us) - [Products](http://www.tulsaheatersmidstream.com/about-us#) - [SHO Heaters](http://www.tulsaheatersmidstream.com/products/sho-heaters) - [Auxiliary Equipment](http://www.tulsaheatersmidstream.com/products/auxiliary-equipment) - [Aftermarket](http://www.tulsaheatersmidstream.com/aftermarket) - [Resources](http://www.tulsaheatersmidstream.com/about-us#) - [Brochures/Literature](http://www.tulsaheatersmidstream.com/resources/brochures-literature) - [THM Academy](http://www.tulsaheatersmidstream.com/resources/thm-academy) - [Blog](https://blog.tulsaheatersmidstream.com) - [Contact](http://www.tulsaheatersmidstream.com/contact-us) # Midstream & More ## built on reputation created to serve - [Tweet](https://twitter.com/share) [![THM_Web_Wednesday.jpg](https://blog.tulsaheatersmidstream.com/hs-fs/hubfs/THM_Web_Wednesday.jpg?width=2333&name=THM_Web_Wednesday.jpg "THM_Web_Wednesday.jpg")](https://blog.tulsaheatersmidstream.com/thm-web-wednesday-feb-10-2016) ## [THM Web Wednesday - Feb. 10, 2016](https://blog.tulsaheatersmidstream.com/thm-web-wednesday-feb-10-2016) --- **MIDSTREAM & MORE:** Tulsa Heaters Midstream is focused on providing useful and informative content to our customers, suppliers, and anyone else that wants to follow along.  Each Wednesday, we will post links to interesting articles from around the web relating to the midstream oil and gas industry and more.  Posts could include articles that talk about one or more aspects of the industry, including: - State of oil and gas industry/pricing - Oil and gas companies and their businesses - Major news releases - Gas processing plants - Pipeline/infrastructure projects - Many others We'll do our best to only provide links to free content (because we hate getting 1 paragraph into the article and being asked to pay to read the rest), and make specific note if we do otherwise.  We'll also provide some commentary, but will keep it to a minimum (for your sake!). --- **WEDNESDAY, FEBRUARY 10, 2016:** A couple of major themes around the web this week.  First, we started hearing preliminary earnings reports from several of the larger companies in the U.S.  Spoiler alert - they weren't pretty!  Along with the preliminary earnings, several of the companies are also giving or adjusting their 2016 expected spend (also didn't look great). A few articles discussing earnings reports and spending projections: - [ConocoPhillips](http://www.ogj.com/articles/2016/02/conocophillips-reports-4-4-billion-net-loss-for-2015-further-reduces-2016-budget.html) - [ExxonMobil](http://www.ogj.com/articles/2016/02/exxonmobil-sees-2015-earnings-fall-50-cuts-2016-spending-by-25.html) - [Anadarko](http://www.ogj.com/articles/2016/02/anadarko-to-cut-2016-budget-in-half-after-6-692-billion-loss-in-2015.html) - [Energy Companies' Boards Adopt Different Strategies to Weather Low Prices](http://www.midstreambusiness.com/energy-companies-boards-adopt-different-strategies-weather-low-prices-837981#p=full) This last week also saw some roller coaster trading around a couple of major midstream companies - Chesapeake Energy and Energy Transfer.  The collapse, or even potential collapse, of either of these companies could have major ramifications on the industry as a whole.  And these companies aren't the only ones struggling. - [Chesapeake Energy Plunges](http://www.forbes.com/sites/christopherhelman/2016/02/08/chesapeake-energy-plunges-on-bankruptcy-fears/#32df63d53ea3) - [Chesapeake's Finances Could Affect Pipeline Companies](http://www.midstreambusiness.com/chesapeakes-finances-could-affect-pipeline-companies-contracted-producers-838071#p=full) - [Pride and Prejudice and Zombie Oil Companies](http://www.forbes.com/sites/michaellynch/2016/02/05/pride-and-prejudice-and-zombie-oil-companies/#4c94e5b02971) - [Linn Energy Exhausts Credit](http://www.ogj.com/articles/2016/02/linn-energy-exhausts-credit-considers-strategic-alternatives.html) Another week, more articles touching on potential future for natural gas and oil: - [The End Game for Oil](http://www.forbes.com/sites/scottminerd/2016/02/04/the-endgame-for-oil/#424b0fcc4a70) - [Silver Lining for Natural Gas](http://oilprice.com/Energy/Gas-Prices/Silver-Lining-For-Natural-Gas-As-EIA-Forecasts-Price-Hike.html) - [U.S. Natural Gas Rises as Emissions Drop](http://www.forbes.com/sites/jamesconca/2016/02/04/u-s-natural-gas-rises-as-americas-co2-emissions-drop/#730ca4f2c992) --- **CONCLUSION:** Tune in next week (same bat time, same bat channel) to see what else we have dug up from across the web. In the mean time, don't forget to subscribe to our blog to receive updates from us (form on the right).  You can also sign up for our monthly newsletter.   [![New Call-to-action](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/1862999/8ce97315-8f66-41a6-bd8c-50fdde5f370a.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/1862999/8ce97315-8f66-41a6-bd8c-50fdde5f370a)   --- * Legal note: The views expressed in the linked content does not reflect the views of THM or its employees.*   [Return](https://blog.tulsaheatersmidstream.com/) ## Keep Up To Date ### Subscribe to Email Updates ### About Tulsa Heaters Midstream We are a reliable, flexible heater company that specializes in the midstream Gas Processing industry. We work with clients to fulfill all of their heater needs. Whether you need a heater designed from scratch, or you are looking for a more pre-engineered design, we are confident you will be pleased with the results. ### Follow Us - [Facebook](https://www.facebook.com/pages/Tulsa-Heaters-Midstream-LLC/1514402435461877) - [LinkedIn](https://www.linkedin.com/company/tulsa-heaters-midstream) ### Contact Us - info@tulsaheatersmidstream.com - 918-392-8000 - 1215 South Boulder, Suite 1040 Tulsa, OK 74119 Site by [CS](http://www.tulsaheatersmidstream.com/aftermarket)