Chevron Corporation's Vote of Confidence for Argentina and YPF S.A.
Jay Yao, The Motley Fool - Motley Fool - Thu Apr 17, 7:32AM CDT
Chevron recently signed a deal with YPF S.A. to invest $1.6 billion in Argentina's Vaca Muerta shale formation. The $1.6 billion investment is in addition to the $1.2 billion investment the super-major made in Argentina last year. When...
Is Chevron's Warning Cause for Concern?
Bob Ciura, The Motley Fool - Motley Fool - Thu Apr 10, 12:40PM CDT
Until very recently, there were plenty of signals that oil and gas giant Chevron was on more solid ground than it was on last year. After a punishing performance in 2013, marred by stagnating production and deteriorated refining margins, 2014 was...
Critical Alerts For 3D Systems, Activision, AIG, YPF S.A., and NPS Pharmaceuticals Released By InvestorsObserver
PR Newswire - Wed Apr 09, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for DDD, ATVI, AIG, YPF, and NPSP.
How YPF SA’s New Bond Issue Can Make You Profit
Louie Grint, The Motley Fool - Motley Fool - Tue Apr 08, 8:39AM CDT
Last week, the Argentine oil giant YPF issued new bonds for $1 billion. The instrument has a 10-year time frame (the expiration date is April 4, 2024) and carries an 8.75% interest rate. This is good news for YPF and for Argentina in general. Why?...
Is Selling These Assets a Good Move for Apache Corporation?
Arjun Sreekumar, The Motley Fool - Motley Fool - Sat Apr 05, 12:41PM CDT
Apache , the Houston-based independent energy exploration and production company, recently announced that it has inked a deal to sell its oil and gas properties in western Canada for $374 million. Let's take a closer look at what impact the deal...
YPF S.A. Announces Results of Exchange Offer for 10% Notes Due 2028
PR Newswire - Thu Apr 03, 4:19PM CDT
YPF S.A. (NYSE: YPF) today announced the results of its offer to exchange any and all of its outstanding 10% Medium-Term Notes (Series C) due 2028 (the "Old Notes"
Will Apache's New Strategy Pay Off?
Arjun Sreekumar, The Motley Fool - Motley Fool - Sun Mar 16, 6:00PM CDT
Over the past couple of years, Apache has significantly underperformed its peers and the broader market, with shares down about 25%, as compared to a more than 30% gain for the S&P 500 Index . Relatively weak production growth and concerns...
Apache completes sale of Argentina Assets to YPF
PR Newswire - Wed Mar 12, 12:00PM CDT
Apache Corporation (NYSE, Nasdaq: APA) today announced it has completed the previously disclosed sale of its Argentina operations and properties to YPF Sociedad Anonima for cash payment of US $800 million plus the assumption of $52 million of bank debt as of June 30, 2013.
Spain Keeps Improving! Check Out These Spanish ADRs
Louie Grint, The Motley Fool - Motley Fool - Tue Mar 11, 9:04AM CDT
According to the Spanish Labor Ministry, the fourth-largest economy in the eurozone saw the first annual improvement in employment since May 2008. Their unemployment indicator decreased in 227,736 people compared to February last year. This trend...
Helmerich & Payne, YPF in 5-yr Contract - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 06, 3:10PM CST
Tulsa, Okla.-based contract drilling services provider Helmerich & Payne has inked a five year deal with YPF S.A.
Helmerich & Payne wins ten rig drilling contracts in Argentina
M2 - Thu Mar 06, 5:26AM CST
Drilling company Helmerich & Payne (NYSE:HP) revealed on Wednesday the execution of new drilling contracts with YPF Sociedad Anonima (YPF) for an undisclosed value.
Helmerich & Payne Announces Contract Awards in Argentina
GlobeNewswire - Wed Mar 05, 8:05AM CST
Helmerich & Payne, Inc. (NYSE:HP) confirmed today that the Company has entered into new drilling contracts with YPF Sociedad Anonima (NYSE:YPF). The Company plans to deploy ten existing FlexRigs(R)* from the U.S. to work in the Vaca Muerta play in the Neuquen Province in Argentina under five-year term contracts. The first rig is expected to commence drilling operations during the Company's fourth quarter of fiscal 2014. The remaining nine rigs are expected to be sequentially deployed, reaching full utilization by the end of the second quarter of fiscal 2015. No other terms and conditions were disclosed.
Is Canadian Natural Resources (CNQ) Poised to Beat? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Mar 04, 5:30PM CST
Canadian Natural Resources Ltd. is slated to report fourth-quarter 2013 results on Mar 6, 2014.
YPF S.A. Announces Exchange Offer For 10% Notes Due 2028
PR Newswire - Tue Mar 04, 5:04PM CST
YPF S.A. (NYSE: YPF) today announced an offer to exchange any and all of its outstanding 10% Medium-Term Notes (Series C) due 2028 (the "Old Notes"
Should You Buy These Slimmed Down Oil Companies?
Matt DiLallo, The Motley Fool - Motley Fool - Wed Feb 19, 11:05AM CST
Photo credit: Apache Corporation Last week, top U.S. independent oil companies Apache Corporation and Occidental Petroleum Corporation both announced asset sales. Apache unloaded its operations in Argentina to YPF SA while Occidental sold...
Capital Flight Endangers Argentina’s Energy Future
Yong Kwon, The Motley Fool - Motley Fool - Tue Feb 18, 10:06AM CST
Following the announcement at the end of 2013 that the U.S. Federal Reserve will gradually taper its quantitative easing program in the new year, several key emerging markets are showing signs of financial instability. Perhaps the shift in U.S....
Is the Argentina Asset Sale Good for Apache?
Arjun Sreekumar, The Motley Fool - Motley Fool - Sun Feb 16, 11:03AM CST
Apache recently said that it is exiting its operations in Argentina, marking the company's latest asset sale following a string of divestments last year. While the transaction is sure to affect Apache's near-term production, it should pay off in...
How the U.S. Independents Are Proving That You Can Go Home Again
David Smith, The Motley Fool - Motley Fool - Sat Feb 15, 9:00AM CST
As the energy earnings season has been turned over to the independent producers, it's becoming progressively clearer that, for the time being at least, their center of productive action lies in the various formations of the U.S. of A. That certainly...
Q4 Earnings Crash at Apache, to Exit Argentina - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Feb 13, 10:02AM CST
U.S. energy firm Apache Corp. reported weak fourth quarter results on lower volumes and announced plans to sell its operations in Argentina.
Apache Agrees To Sell Argentina Operations For $852 Million
PR Newswire - Wed Feb 12, 3:36PM CST
Apache Corporation (NYSE, Nasdaq: APA) and its subsidiaries today announced an agreement to sell all of its operations in Argentina to YPF Sociedad Anonima for cash payment of $800 million plus the assumption of $52 million of bank debt as of June 30, 2013.