Losses at BHP Billiton's (BHP) U.S. shale-gas operation Petrohawk Energy deepened in Q3 due to...

|About: BHP Billiton Limited (BHP)|By:, SA News Editor
Losses at BHP Billiton's (BHP) U.S. shale-gas operation Petrohawk Energy deepened in Q3 due to continued weakness in natural gas prices. BHP reports a loss from continuing operations before income tax of $211M for the nine months to Sept. 30 for Petrohawk vs. a profit of $201M in the year-earlier period.