Permian Basin Shale Leads In Texas' Oil Resurgence
at Investor's Business Daily - Fri Aug 08, 4:29PM CDT
Texas has squarely reaffirmed its status as king of the oil patch. Oil coaxed from the rapidly developing Eagle Ford and Permian Basin production areas recently lifted the state's output back above 3 million barrels per day (bpd) for the first time...
Marathon Oil Is Poised to Benefit From Production Growth in U.S.
at The Street - Thu Aug 07, 10:56AM CDT
A relaxation of the U.S. ban on exports of crude oil may help, too.
ConocoPhillips Set to Possibly Rebound After Yesterday's Selloff of 2.73%
Comtex SmarTrend(R) - Tue Aug 05, 3:59PM CDT
ConocoPhillips (NYSE:COP) traded in a range yesterday that spanned from a low of $79.38 to a high of $81.59. Yesterday, the shares fell 2.7%, which took the trading range below the 3-day low of $79.83 on volume of 6.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Oil & Gas Stock Roundup: Crude Drops Further, Production Sags at Exxon, Chevron - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Aug 05, 2:32PM CDT
Crude prices tumbled further below $100, while investors punished integrated oil biggies Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) on worries over their declining production trends.
ConocoPhillips (COP) Approaches New Downside Target of $79.62
Comtex SmarTrend(R) - Tue Aug 05, 12:27PM CDT
Shares of ConocoPhillips (NYSE:COP) opened today below their pivot of $81.48 and have already reached the first level of support at $80.80. Analysts will be watching for a cross of the next downside pivot targets of $79.62 and $77.76.
Energy ETFs in Focus on Big Oil Q2 Beat, Lower Production - ETF News And Commentary
Sweta Killa - Zacks Investment Research - Mon Aug 04, 12:00PM CDT
With upbeat earnings results but lower production from big oil giants, these energy ETFs are in focus.
Financial Results Releases, Completion of Divestiture, and Senior Level Appointment - Research Reports on U. S. Steel, Hess, ConocoPhillips, Occidental and Dow
PR Newswire - Mon Aug 04, 8:00AM CDT
Today, Analysts Review released its research reports regarding United States Steel Corporation (NYSE: X), Hess Corp. (NYSE: HES), ConocoPhillips (NYSE: COP), Occidental Petroleum Corporation (NYSE: OXY) and The Dow Chemical Company (NYSE: DOW). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/5409-100free.
Stock Market News for August 01, 2014 - Market News
Zacks Equity Research - Zacks Investment Research - Fri Aug 01, 9:10AM CDT
Benchmarks suffered their biggest losses in months on Thursday, following a default by Argentina, and a spike in US labor costs
ConocoPhillips (COP) Crosses Pivot Point Support at $81.73
Comtex SmarTrend(R) - Fri Aug 01, 9:02AM CDT
Shares of ConocoPhillips (NYSE:COP) have bearishly opened below the pivot of $83.14 today and have reached the first support level of $81.73. Analysts will be watching for a cross of the next downside pivot targets of $80.95 and $78.76.
American Energy - Permian Basin, LLC Announces Naming Of Jeffrey L. Mobley As Chief Financial Officer
PR Newswire - Fri Aug 01, 6:00AM CDT
American Energy - Permian Basin, LLC (AEPB), an affiliate of American Energy Partners, LP (AELP), today announced it has named Jeffrey L. Mobley as the company's Chief Financial Officer. Mobley, 45, most recently served as Senior Vice President - Major Acquisitions for AELP. Previously he served as Senior Vice President - Investor Relations and Research for Chesapeake Energy Corporation and also worked in Equity Research for Raymond James & Associates and in Investment Banking for Prudential Securities and ABN AMRO. He began his career in the energy sector at Enron Capital & Trade Resources in the Producer Finance and Equity Investments groups. Mobley is a CFA Charterholder and holds a Masters of Business Administration degree from The Wharton School of Business and a Bachelor of Science degree in Agricultural Economics from New Mexico State University.
ConocoPhillips'
at Investor's Business Daily - Thu Jul 31, 5:53PM CDT
ConocoPhillips' (COP) Q2 EPS leapt 14% to $1.61, beating views by 1 cent. Oil and natgas output rose 3.3% to 1.56 mil barrels oil equivalent per day. The energy giant sees Q3 production falling on maintenance. Shares fell 2.5% to 82.50.
SmarTrend Watching for Potential Rebound in Shares of ConocoPhillips After 2.52% Loss
Comtex SmarTrend(R) - Thu Jul 31, 4:50PM CDT
ConocoPhillips (NYSE:COP) traded in a range yesterday that spanned from a low of $82.37 to a high of $84.56. Yesterday, the shares fell 2.5%, which took the trading range below the 3-day low of $84.11 on volume of 7.1 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Occidental Petroleum Beats Q2 Earnings and Revenue Estimates - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 31, 4:20PM CDT
In second-quarter 2014, Occidental Petroleum Corporation's (OXY) earnings per share and revenues surpassed the Zacks Consensus Estimate.
Apache Eyes Overseas Exit As Jana Urges U.S. Focus
at Investor's Business Daily - Thu Jul 31, 1:58PM CDT
Apache (APA) decided to divest some international assets, and may unload more, after a large shareholder urged the oil and gas company to focus on U.S. shale plays. In an earnings release Thursday, Apache said that it intends to exit the Wheatstone...
Jobs, Manufacturing Hurt Stocks; 3D Systems, KapStone Slide
at Investor's Business Daily - Thu Jul 31, 9:28AM CDT
Stocks buckled early Thursday under a heavy load of disappointing economic news. The Nasdaq axed off 1.1%. The S&P 500 dumped 1% and the Dow Jones industrial average dropped 0.9%, as nearly a third of its components shed 1% or more. A wave of early...
Alphabet Soup: GDP, ECB, QE and Q2 - Ahead of Wall Street
Sheraz Mian - ZACKS - Thu Jul 31, 9:12AM CDT
Including this morning's releases from Exxon (XOM), ConocoPhillips (COP) and others, we now have Q2 results from 358 S&P 500 members.
ConocoPhillips Q2 Earnings Beat on Higher Prices and Volume - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 31, 8:16AM CDT
ConocoPhillips (COP) reported second-quarter 2014 adjusted earnings of $1.61 per share, surpassing the Zacks Consensus Estimate of $1.60 per share and increasing 14.2% from the year-earlier profit of $1.41.
ConocoPhillips 2Q profit rises 1.5 percent
AP - Thu Jul 31, 8:05AM CDT
HOUSTON (AP) — ConocoPhillips (COP) on Thursday reported net income that increased by 1.5 percent in its second quarter. The results beat analysts' expectations.