BP plc May Spend $10 Billion to Produce Natural Gas in Egypt - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 17, 3:20PM CDT
BP plc (BP) is planning to spend roughly $10.0 billion in Egypt in the coming five years for producing natural gas, as per media reports.
Babcock & Wilcox Arm Wins Tecnimont Coal-Fired Boiler Order - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 17, 3:00PM CDT
Babcock & Wilcox Power Generation Group Inc., an affiliate of energy engineering and construction services provider The Babcock & Wilcox Company (BWC), has won a contract from Tecnimont S.p.A - an engineering and procurement contractor based in Italy.
Will Interpublic Group (IPG) Surprise This Earnings Season? - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 17, 1:30PM CDT
The Interpublic Group of Companies, Inc (IPG) is scheduled to report second-quarter 2014 results before the opening bell on Jul 18.
Midday Glance: Oil companies
AP - Thu Jul 17, 12:19PM CDT
NEW YORK (AP) — Shares of some top oil companies are down at 1 p.m.:
Baker Hughes Q2 Earnings Outperform on Segmental Performance - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 17, 11:20AM CDT
Baker Hughes Inc. (BHI) reported-second quarter 2014 adjusted earnings from continuing operations at 92 cents a share, which beat the Zacks Consensus Estimate of 89 cents.
1 Dividend You Won't Regret Buying
Matt DiLallo, The Motley Fool - Motley Fool - Thu Jul 17, 10:31AM CDT
Source: ConocoPhillips. I have owned a lot of really bad dividend stocks over the years. However, one stock I've never regretted buying is ConocoPhillips . It's the first energy stock I ever purchased, and it has fueled dividends into my...
ConocoPhillips (COP) Approaches New Downside Target of $84.62
Comtex SmarTrend(R) - Thu Jul 17, 10:15AM CDT
Shares of ConocoPhillips (NYSE:COP) opened today below their pivot of $86.21 and have already reached the first level of support at $85.65. Analysts will be watching for a cross of the next downside pivot targets of $84.62 and $83.03.
Major Iraq Oilfields Change Hands, Could Start New Bidding Process
Jason Ditz, The Motley Fool - Motley Fool - Thu Jul 17, 9:56AM CDT
On Friday, forces from the Kurdish Peshmerga paramilitary force seized two major oilfields outside of Kirkuk. The fields, the Bai Hassan Field and the Kirkuk Field, were formerly under Iraqi central government control, and had been operated directly...
Early Glance: Oil companies
AP - Thu Jul 17, 9:28AM CDT
NEW YORK (AP) — Shares of some top oil companies are mixed at 10 a.m.:
Technical Data on Oil and Gas Exploration and Production Equities: Quicksilver Resources, ConocoPhillips, Cabot Oil and Gas, Oasis Petroleum, and EXCO Resources
PR Newswire - Thu Jul 17, 7:00AM CDT
On Wednesday, July 16, 2014, the NASDAQ Composite ended at 4,425.97, up 0.22%, the Dow Jones Industrial Average finished the day 0.45% higher at 17,138.20, and the S&P 500 closed at 1,981.57, up 0.42%. The gains were broad based as seven out of ten sectors ended the session in positive. The S&P 500 Energy Sector Index ended the day at 731.59, up 1.56%, and the index has advanced 1.81% in the last one month. Investor-Edge has initiated coverage on the following equities: Quicksilver Resources Inc. (NYSE: KWK), ConocoPhillips (NYSE: COP), Cabot Oil & Gas Corporation (NYSE: COG), Oasis Petroleum Inc. (NYSE: OAS), and EXCO Resources Inc. (NYSE: XCO). Free research on these five companies can be accessed at:
ConocoPhillips Rises 2.34% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Wed Jul 16, 4:31PM CDT
ConocoPhillips (NYSE:COP) traded in a range yesterday that spanned from a low of $85.17 to a high of $86.76. Yesterday, the shares gained 2.3%, which took the trading range above the 3-day high of $85.90 on volume of 6.3 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
Triangle Petroleum Unit Upsizes Senior Notes on High Demand - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 3:20PM CDT
Triangle USA Petroleum Corporation, an exploration and production (E&P) subsidiary of Triangle Petroleum Corporation (TPLM) has declared the pricing of its $450 million senior notes.
Canadian Natural Resources Strengths Offer Market Immunity - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 2:50PM CDT
On Jul 15, 2014, we issued an updated research report on Canadian Natural Resources Limited (CNQ).
Eni Sheds EEV's Stake to EnBW, Streamlines Mid-Downstream Ops - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 1:30PM CDT
Eni SpA (E) is farming out of a German gas grid joint venture. German utility EnBW, which is the other partner holding 50% stake has purchased Eni's interests in the joint venture.
BP's Restructuring Initiative Shows Potential - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 16, 12:40PM CDT
On Jul 10, 2014, Zacks Investment Research issued an updated report on BP plc (BP).
Official sees tie between gas project, referendum
By BECKY BOHRER - AP - Tue Jul 15, 5:50PM CDT
JUNEAU, Alaska (AP) — The decision Alaska voters make on an oil-tax referendum next month could have implications for a proposed liquefied natural gas project, the senior project manager said Tuesday, a point deemed a scare tactic by one state lawmaker.
PetroChina Hits 52-Week High on Solid Fundamentals - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jul 15, 8:45AM CDT
American Depositary Receipts of PetroChina Co Ltd. (PTR) scaled a new 52-week high of $129.86 during its trading session on Jul 14, 2014.
Market Closes Higher Ahead of Yellen's Congressional Testimony
at The Street - Mon Jul 14, 4:23PM CDT
The four major stock indices closed higher but trading volume was among the lowest of the year.