Friday 13 November 2015

RWE holding outlook steady in weakened market

OIL AND GAS
RWE holding outlook steady in weakened market
Essen, Germany (UPI) Nov 12, 2015 - German energy company RWE said it was on pace to meet full-year income expectations despite the market downturn, thanks in part to its renewables division. For the first three quarters of the year, earnings before interest, taxes, depreciation and amortization - the income the company has free for interest payments - was down 6 percent from the same period last year to $4.7 billion. O ... more


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