Halliburton reaches $1B Gulf oil spill settlement
By KEVIN McGILL and JONATHAN FAHEY - AP - Tue Sep 02, 10:04PM CDT
NEW ORLEANS (AP) — Halliburton's agreement to pay more than $1 billion to settle numerous claims involving the 2010 BP Gulf of Mexico oil spill could be a way for the company and victims of the spill to avoid years of costly litigation — if all the pieces fall into place.
Look for Shares of Transocean to Potentially Rebound after Yesterday's 1.73% Sell Off
Comtex SmarTrend(R) - Tue Sep 02, 5:06PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $37.84 to a high of $38.71. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $38.05 on volume of 5.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
After Yesterday's Decline of 1.73%, Transocean Offers Investors Better Value
Comtex SmarTrend(R) - Tue Sep 02, 5:05PM CDT
Transocean (NYSE:RIG) traded in a range yesterday that spanned from a low of $37.84 to a high of $38.71. Yesterday, the shares fell 1.7%, which took the trading range below the 3-day low of $38.05 on volume of 5.4 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
Halliburton Will Pay $1.1 Bil To Settle Gulf Spill
at Investor's Business Daily - Tue Sep 02, 11:07AM CDT
Halliburton (HAL) said Tuesday it will pay $1.1 billion to settle the majority of lawsuits filed against it for the 2010 Deepwater Horizon disaster. The Houston-based company, which provided the cementing for the well, said the settlement is still...
Oil & Gas Stock Roundup: New Discoveries for Shell, Quicksilver - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Sep 02, 10:59AM CDT
Royal Dutch Shell plc (RDS.A) struck a new gas discovery offshore Malaysia and Quicksilver Resources Inc. (KWK) - together with its JV partner Eni SpA - encountered oil at the Stallings 1H well in West Texas.
Why These Lagging Oil Stocks Are Worth a Look
Oilprice.com, The Motley Fool - Motley Fool - Sun Aug 31, 8:25AM CDT
This article was written by Oilprice.com , the leading provider of energy news in the world. Also check out these recent articles: Shell Keen to Put Troubled Nigerian Assets Behind It It is generally accepted that...
Shell Shifts To Seashore As It Sells Shale Plays
at Investor's Business Daily - Fri Aug 29, 12:32PM CDT
Royal Dutch Shell (RDSA) is shedding some of its overseas and unconventional domestic assets to explore offshore possibilities in the Alaskan Arctic next year. On Thursday, the energy giant filed a revised plan with the Bureau of Ocean Energy...
Shell Intends to Resume Drilling in Arctic, Submits Plan - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Aug 29, 12:30PM CDT
Royal Dutch Shell plc (RDS.A),submitted a revised Artic offshore drilling plan to the federal regulator, Bureau of Ocean Energy Management, with the intention of resuming oil exploration activities in the Arctic, off the Alaskan coast.
Jim Cramer's 'Mad Money' Recap: What Really Moves Markets
at The Street - Thu Aug 28, 6:05PM CDT
Most of the daily flood of data can be ignored by investors, Cramer says. Here's what to tune out.
Shell files revised Arctic offshore drilling plan
By DAN JOLING - AP - Thu Aug 28, 5:56PM CDT
ANCHORAGE, Alaska (AP) — Royal Dutch Shell PLC has filed a revised Arctic offshore drilling plan with federal regulators but says the company hasn't decided whether to return to waters off the coast of northwest Alaska in 2015.
Transocean Shares Down 11.2% Since SmarTrend's Sell Call (RIG)
Comtex SmarTrend(R) - Thu Aug 28, 10:00AM CDT
SmarTrend identified a Downtrend for Transocean (NYSE:RIG) on July 10th, 2014 at $43.13. In approximately 2 months, Transocean has returned 11.23% as of today's recent price of $38.28.
Why Transocean LTD Stock Has Plunged 21% in 2014
Bob Ciura, The Motley Fool - Motley Fool - Thu Aug 28, 8:40AM CDT
Oil driller Transocean LTD has had a rough ride so far this year. It's suffering under the weight of a difficult period for its industry. Oil companies are shying away from new rig contracts, because returns on new projects undertaken over the...
Critical Alerts For Vodafone Group, Tim Hortons, Transocean, Myriad Genetics and SINA Released By InvestorsObserver
PR Newswire - Wed Aug 27, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for VOD, THI, RIG, MYGN and SINA.
Stocks Up In Afternoon; Monolithic Power At New High;
at Investor's Business Daily - Tue Aug 26, 1:57PM CDT
Stocks held on to modest gains in late afternoon trading Tuesday after the U.S. government announced that durable goods orders jumped last month. The Nasdaq and the Dow Jones industrial average each rose 0.3%, while the S&P 500 added 0.2%, hitting a...
3 Value Stocks to Consider for Your Portfolio
Sean Williams, The Motley Fool - Motley Fool - Tue Aug 26, 12:32PM CDT
Just as we often examine companies that may be rising past their fair values, we can also find companies trading at what may be bargain prices. While many investors would rather have nothing to do with stocks wallowing at 52-week lows, I think it...
Oil & Gas Stock Roundup: BP Names CEO for New US Biz, Exxon Eyes $10B Vietnam Project - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Aug 26, 10:33AM CDT
BP plc (BP) named David Lawler as CEO for its planned U.S. onshore unit, while Exxon Mobil Corp. (XOM) is likely to feature in a $10 billion deal with PetroVietnam.
Why Transocean LLC (RIGP) Stock Is Gaining Today
at The Street - Tue Aug 26, 9:43AM CDT
Transocean LLC (RIGP) shares are climbing after Barclays (BCS) initiated coverage on the stock with an "equal weight" rating and a $26 price target.
Transocean Sees Lower '14 Operating Cost to Drive Earnings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 3:10PM CDT
On Aug 21, 2014, we issued an updated research report on offshore drilling giant, Transocean Ltd. (RIG).