Texas Drillers Unfazed by Slide in Oil Prices
PR Newswire - Tue Nov 04, 11:42AM CST
Oil prices have dropped 25% as production continues to rise and demand slumps, prompting some analysts to forecast decline in US shale activity, but these arm-chair pundits are getting ahead of themselves: American oil and gas producers have been through down times before and they know how to dig in.
CLR: 51.53 (-4.20), COP: 68.77 (-1.79), APC: 89.12 (-1.62)
Oil & Gas Stock Roundup: Exxon, Chevron Beat Earnings Despite Collapsing Oil Prices - Analyst Blog
Nilanjan Choudhury - Zacks Investment Research - Tue Nov 04, 10:34AM CST
The major headlines came from Exxon Mobil Corp. (XOM) and Chevron Corp.'s (CVX) third quarter outperformance, where they saw off plunging oil prices to beat estimates on refining strength.
PSX: 74.49 (-2.19), TSO: 72.95 (-0.34), XOM: 94.52 (-0.74), COP: 68.77 (-1.79), CVX: 115.37 (-1.41), APC: 89.12 (-1.62), NE: 19.15 (-1.16)
Anadarko Petroleum (APC) Crosses Pivot Point Support at $89.47
Comtex SmarTrend(R) - Tue Nov 04, 10:14AM CST
Shares of Anadarko Petroleum (NYSE:APC) opened today below their pivot of $91.89 and have already reached the first level of support at $89.47. Analysts will be watching for a cross of the next downside pivot targets of $88.19 and $84.49.
APC: 89.12 (-1.62)
Magellan Midstream (MMP) Beats Q3 Earnings, Ups Guide - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Nov 04, 9:00AM CST
On Oct 31, Magellan Midstream Partners LP (MMP) reported stellar third-quarter 2014 results owing to a significant rise in demand for refined products and robust performance by all its business segments.
NBL: 54.20 (-1.67), MMP: 82.20 (-1.42), DKL: 39.65 (-2.10), APC: 89.12 (-1.62)
Upgrade Alert for Anadarko Petroleum (APC)
Comtex SmarTrend(R) - Tue Nov 04, 7:07AM CST
Anadarko Petroleum (NYSE:APC) was upgraded from Market Perform to Outperform at Bernstein today. The stock closed yesterday at $90.74 on volume of 5.7 million shares, below average daily volume of 6.9 million. In the past 52 weeks, shares of Anadarko Petroleum have traded between a low of $73.60 and a high of $113.51 and closed yesterday at $90.74, which is 23% above that low price. The 200-day and 50-day moving averages have moved 0.15% higher and 1.16% lower over the past week, respectively.
APC: 89.12 (-1.62)
3 Stocks Driving The Basic Materials Sector Higher
at The Street - Mon Nov 03, 11:08AM CST
TheStreet highlights 3 stocks pushing the basic materials sector higher today.
ETE: 57.79 (-1.57), EPD: 36.44 (-0.65), APC: 89.12 (-1.62)
Magellan Midstream Proceeding with Saddlehorn Pipeline, Open Season Extended through Nov. 20
PR Newswire - Fri Oct 31, 8:25AM CDT
Magellan Midstream Partners, L.P. (NYSE: MMP) announced today that it plans to proceed with the recently-announced Saddlehorn Pipeline to transport various grades of crude oil from the Niobrara play in northeast Colorado to Magellan's storage facilities in Cushing, Oklahoma. Binding commitments have been received from a wholly owned subsidiary of Anadarko Petroleum Corporation and Noble Energy, Inc. as part of the pipeline's ongoing open season. Based on these commitments, Magellan is proceeding with the Saddlehorn Pipeline.
MMP: 82.20 (-1.42), APC: 89.12 (-1.62)
Event on Innovation, Quarterly Financial and Operational Review, and Market Activity - Research Reports on Dow, Occidental Petroleum, Anadarko Petroleum, Cliffs Natural and ConocoPhillips
PR Newswire - Fri Oct 31, 7:30AM CDT
Today, Analysts Review released its research reports regarding The Dow Chemical Company (NYSE: DOW), Occidental Petroleum Corporation (NYSE: OXY), Anadarko Petroleum Corporation (NYSE: APC), Cliffs Natural Resources Inc. (NYSE: CLF) and ConocoPhillips (NYSE: COP). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/7585-100free.
COP: 68.77 (-1.79), CLF: 11.33 (+0.35), OXY: 85.32 (-1.82), DOW: 47.58 (-1.55), APC: 89.12 (-1.62)
ConocoPhillips Earnings Beat the Street Despite Weak Oil Prices
Matt DiLallo, The Motley Fool - Motley Fool - Thu Oct 30, 12:56PM CDT
Britannia Satellites North Sea, U.K. Source: ConocoPhillips. The world's largest independent oil and gas company delivered unexpectedly strong third-quarter results before the opening bell this morning. ConocoPhillips reported adjusted earnings...
COP: 68.77 (-1.79), CVX: 115.37 (-1.41), APC: 89.12 (-1.62)
Murphy Oil Beats on Q3 Earnings, Revenues; Keeps View - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Oct 30, 11:20AM CDT
In the third quarter of 2014, Murphy Oil Corporation's (MUR) earnings per share and revenues surpassed the Zacks Consensus Estimate.
MUR: 51.24 (-1.20), MPO: 2.85 (-0.27), OXY: 85.32 (-1.82), APC: 89.12 (-1.62)
Why Exxon Mobil's Glory Days of Dominance May Be Ending
at The Street - Thu Oct 30, 5:40AM CDT
Lower production and questionable moves are showing dents in the armor of this mighty energy company.
SD: 3.56 (-0.25), VLO: 50.63 (+0.29), TSO: 72.95 (-0.34), XOM: 94.52 (-0.74), CVX: 115.37 (-1.41), APC: 89.12 (-1.62)
Cabot Oil & Gas Focuses on Growth Amid Tough Business Conditions
at The Street - Wed Oct 29, 1:39PM CDT
The company missed analysts' earnings estimates for the third quarter but there are two good things underpinning its future.
WGL: 47.44 (+0.21), PNY: 37.74 (-0.06), COG: 30.73 (-0.08), CHK: 21.29 (-0.50), WMB: 54.17 (-1.51), CRZO: 46.82 (-3.99), APC: 89.12 (-1.62)
Anadarko Petroleum Corporation (APC) Earnings Report: Q3 2014 Conference Call Transcript
at The Street - Wed Oct 29, 1:38PM CDT
The following Anadarko Petroleum Corporation (APC) conference call took place on October 29, 2014, 09:00 AM ET. This is a transcript of that earnings call:
APC: 89.12 (-1.62)
Western Gas Buys Nuevo Midstream for $1.5 Billion in Cash
at The Street - Wed Oct 29, 10:31AM CDT
Deal implies a five times return for Nuevo backer Encap Flatrock Midstream.
WES: 68.10 (-1.86), APC: 89.12 (-1.62)
Anadarko Petroleum (APC) Crosses Pivot Point Resistance at $91.19
Comtex SmarTrend(R) - Wed Oct 29, 10:13AM CDT
Shares of Anadarko Petroleum (NYSE:APC) have bullishly opened above the pivot of $89.63 today and have reached the first resistance level of $91.19. Should the shares continue to rise, the resistance pivots of $92.03 and $94.43 will be of interest.
APC: 89.12 (-1.62)
Anadarko Petroleum (APC) Stock Gains After Beating Quarterly Revenue Estimates
at The Street - Wed Oct 29, 9:19AM CDT
Anadarko Petroleum (APC) shares are up after the company reported third quarter revenue ahead of expectations.
APC: 89.12 (-1.62)
Anadarko Petroleum Misses Q3 Earnings, Revenues Beat - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Oct 29, 7:27AM CDT
Anadarko Petroleum's (APC) third-quarter earnings missed the Zacks Consensus Estimate but Revenues surpassed the mark.
HK: 2.75 (-0.19), MPO: 2.85 (-0.27), CIE: 10.07 (-1.31), APC: 89.12 (-1.62)
'Fast Money' Recap: Facebook Expenses Overshadows Great Earnings
at The Street - Wed Oct 29, 4:00AM CDT
The trading panel discussed Facebook and other companies reporting earnings including U.S. Steel and Panera Bread.
HYG: 92.03 (-0.29), EA: 40.64 (-0.32), PNRA: 165.50 (+4.20), FB: 75.76 (+1.88), NNA: 2.99 (-0.15), FCX: 27.79 (unch), HIG: 39.67 (+0.03), YHOO: 47.08 (+0.74), GILD: 109.72 (-0.26), CMG: 647.68 (+9.15), NDLS: 22.22 (-0.33), LOCO: 36.19 (+0.49), TWTR: 40.90 (+0.69), X: 36.57 (-2.57), AAPL: 108.60 (-0.80), APC: 89.12 (-1.62), BABA: 106.07 (+4.27)
Western Gas to buy Nuevo Midstream for $1.5B
AP - Tue Oct 28, 5:04PM CDT
HOUSTON (AP) — Western Gas Partners LP said Tuesday that it will acquire natural gas gatherer and processor Nuevo Midstream LP for $1.5 billion.
WES: 68.10 (-1.86), APC: 89.12 (-1.62)
Western Gas Partners, LP to Acquire Nuevo Midstream, LLC for $1.5 Billion
Business Wire - Tue Oct 28, 4:30PM CDT
Nuevo Midstream, LLC ("Nuevo"
WES: 68.10 (-1.86), APC: 89.12 (-1.62)