Matador Resources Company (MTDR) 20.17 $MTDR
Matador Resources (MTDR) Downgraded From Buy to Hold
at The Street - Mon Mar 16, 10:20AM CDT
Matador Resources (MTDR) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C+.
MTDR: 20.17 (+0.01)
7 Energy Stocks That Look Cheap Due to Bankruptcy Fears
at The Street - Thu Mar 05, 5:30PM CST
Many investors believe the sharp decline in oil means there will be widespread bankruptcies in the energy sector. Here's why they're wrong, and how to make money from their mistake.
WLL: 39.03 (-1.04), UPL: 14.98 (-0.10), HAL: 42.82 (+1.27), APA: 59.55 (-0.33), FANG: 72.34 (+0.85), BP: 40.10 (+1.13), BCEI: 25.50 (-0.38), OXY: 72.72 (+0.85), MTDR: 20.17 (+0.01), SWN: 22.60 (+0.33), BHI: 62.47 (+1.54), APC: 81.95 (+1.52)
Energy XXI Subsidiary Offers $1.25B Senior Notes Due 2020 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 05, 2:30PM CST
In a private placement, an affiliate of Energy XXI Ltd. (EXXI) has commenced the offering of its $1.25 billion aggregate principal amount of Senior Secured Second Lien Notes due 2020.
EXXI: 3.83 (+0.07), XOM: 84.54 (+0.13), WTI: 5.04 (-0.07), MTDR: 20.17 (+0.01)
Matador's (MTDR) CEO Joe Foran on Q4 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Tue Mar 03, 1:23PM CST
MTDR: 20.17 (+0.01)
Matador Resources EPS of $0.63
Seeking Alpha - at Seeking Alpha - Mon Mar 02, 3:16PM CST
MTDR: 20.17 (+0.01)
Matador Resources Company Reports Fourth Quarter and Full Year 2014 Results and Provides Operational Update
Business Wire - Mon Mar 02, 3:01PM CST
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company"
, an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today reported financial and operating results for the three months and year ended December 31, 2014. Headlines include the following:
MTDR: 20.17 (+0.01)
Matador Resources Company Announces Closing of Delaware Basin Combination
Business Wire - Mon Mar 02, 5:00AM CST
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company" , an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today announced on Friday, February 27, 2015 it completed the previously announced combination of its Delaware Basin assets with Harvey E. Yates Company ("HEYCO" , a subsidiary of HEYCO Energy Group, Inc. As a result of the transaction, Matador will assume operatorship of all of HEYCO's operated properties in the Northern Delaware Basin.
MTDR: 20.17 (+0.01)
Notable earnings after Monday’s close
Seeking Alpha - at Seeking Alpha - Sun Mar 01, 4:35PM CST
MBI: 9.24 (+0.06), GWRE: 53.65 (+0.84), CODI: 16.94 (+0.27), MDR: 3.29 (+0.01), HTGC: 13.98 (+0.33), NBR: 13.15 (+0.36), NTRI: 20.56 (+0.45), XON: 46.11 (-1.26), STKL: 11.01 (+0.50), OPWR: 10.65 (+0.14), CZR: 9.44 (unch), PANW: 144.08 (-2.11), INN: 14.23 (+0.30), CMLS: 2.68 (+0.25), MTDR: 20.17 (+0.01), ARNA: 4.80 (-0.21), MCEP: 5.43 (+0.14), SLXP: 172.80 (+0.26), BALT: 1.38 (+0.14), MYL: 63.06 (-0.88), SN: 11.80 (+0.08), EPIQ: 18.31 (+0.04), CHUY: 22.74 (+0.18), DTSI: 34.06 (-0.15), PRAA: 54.72 (+1.16), HALO: 14.63 (-1.43), CIM: 3.23 (+0.03), CKEC: 34.55 (+0.78)
Matador Resources Company Announces Date of Fourth Quarter and Full Year 2014 Earnings Release
Business Wire - Wed Feb 18, 5:00AM CST
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company" , an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today announced plans to release fourth quarter and full year 2014 operational and financial results after the close of trading on Monday, March 2, 2015. Management will also host a live conference call on Tuesday, March 3, 2015 at 9:00 a.m. Central Time to review fourth quarter and full year 2014 financial results and operational highlights.
MTDR: 20.17 (+0.01)
IEA Misses On Shale Production Growth Forecast
Ryan Edward - at Seeking Alpha - Wed Feb 11, 3:13PM CST
CXO: 108.18 (+1.98), HK: 1.60 (+0.02), CLR: 41.07 (+0.69), BCEI: 25.50 (-0.38), AXAS: 2.91 (-0.21), GDP: 3.12 (+0.09), QEP: 20.78 (+0.38), BBG: 8.80 (-0.28), EOG: 90.68 (+1.15), DNR: 7.46 (-0.04), CRZO: 47.86 (+1.37), SYRG: 11.77 (+0.14), MTDR: 20.17 (+0.01), DVN: 58.66 (+0.40), WLL: 39.03 (-1.04), XEC: 110.62 (+3.39), SN: 11.80 (+0.08), SM: 47.09 (+1.88), PVA: 7.64 (+0.05), LPI: 11.98 (+0.21), ROSE: 16.57 (+0.11), CWEI: 47.96 (+2.06), NFX: 33.29 (+0.82), PXD: 163.56 (+4.82), CPE: 6.89 (+0.06), FANG: 72.34 (+0.85), PDCE: 52.32 (+0.46), CRK: 3.28 (-0.08), EPE: 9.71 (+0.44), OAS: 13.80 (-0.16)
IEA: Oil To Drop As Rebalance Takes Months, Years
at Investor's Business Daily - Tue Feb 10, 12:30PM CST
The drop in oil prices isn't over yet, according to a report Tuesday from the International Energy Agency. Oil reserves in Organization for Economic Cooperation and Development countries will hit a new high of 2.83 billion barrels by the middle of...
CXO: 108.18 (+1.98), LINE: 11.24 (+0.08), CVX: 107.03 (+2.28), MTDR: 20.17 (+0.01)
OPEC Sees Crude Demand Rising In '15, Shale Oil Down
at Investor's Business Daily - Mon Feb 09, 9:25AM CST
The Organization of the Petroleum Exporting Countries lowered its 2015 outlook for non-OPEC oil supply but raised the demand outlook for its oil Monday. In its February monthly report, OPEC said demand for its crude oil would rise to 29.21 million...
CXO: 108.18 (+1.98), DO: 27.68 (+0.68), LINE: 11.24 (+0.08), MTDR: 20.17 (+0.01), BHI: 62.47 (+1.54)
Oil and Gas Exploration and Production Equities Coverage - Talisman Energy, Canadian Natural Resources, EXCO Resources, Rosetta Resources, and Matador Resources
PR Newswire - Mon Feb 09, 8:10AM CST
Investor-Edge has initiated coverage on the following equities: Talisman Energy Inc. (NYSE: TLM), Canadian Natural Resources Ltd (NYSE: CNQ), EXCO Resources Inc. (NYSE: XCO), Rosetta Resources Inc. (NASDAQ: ROSE), and Matador Resources Company (NYSE: MTDR). Free research report on Talisman Energy can be accessed at http://get.Investor-Edge.com/pdf/?c=Talisman%...&s=TLM. The US markets on Friday, February 06, 2015, ended on a negative note as the Dow Jones Industrial Average finished at 17,824.29, down 0.34% and the NASDAQ Composite closed at 4,744.40, down 0.43%. The S&P 500 finished the session 0.34% lower at 2,055.47. During the trading session, eight out of ten sectors finished on a lower note. The S&P 500 Energy Sector Index ended the day at 587.98, down 0.26%, whereas the index has advanced 3.53% in the past one month. Register for your complimentary reports at the links given below.
TLM: 7.61 (-0.04), XCO: 1.63 (+0.13), CNQ: 29.60 (+0.86), MTDR: 20.17 (+0.01), ROSE: 16.57 (+0.11)
Oil Prices Rise As More Rigs Went Offline In January
at Investor's Business Daily - Fri Feb 06, 8:27AM CST
Baker Hughes (BHI) reported a drop in worldwide and U.S. rig counts for January, sending oil higher on Friday. The oilfield service provider said January's global rig count was 3,309, down 289 vs. January 2014 and down 261 vs. December. The U.S. rig...
CXO: 108.18 (+1.98), LINE: 11.24 (+0.08), CVX: 107.03 (+2.28), MTDR: 20.17 (+0.01), STO: 17.72 (+0.62), BHI: 62.47 (+1.54)
Matador Resources Company Promotes Ryan C. London and Van H. Singleton, II
Business Wire - Thu Feb 05, 9:30AM CST
Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company" , an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today was pleased to announce that Ryan C. London, the Company's Vice President and General Manager, has been promoted and appointed as Executive Vice President and General Manager of the Company, effective February 5, 2015. In addition, Van H. Singleton, II, the Company's Vice President - Land, has been promoted and appointed as Executive Vice President - Land of the Company, effective February 5, 2015.
MTDR: 20.17 (+0.01)
Matador Resources Company Announces 2014 Production Results and Reserves and 2015 Capital Budget
Business Wire - Wed Feb 04, 6:28PM CST
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company" , an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today announced its 2014 year-end production results and reserves and its 2015 capital budget and operating plan.
MTDR: 20.17 (+0.01)
Matador Resources (MTDR) Upgraded From Hold to Buy
at The Street - Wed Feb 04, 11:40AM CST
Matador Resources (MTDR) has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B-.
MTDR: 20.17 (+0.01)
Oil And Gas Stocks - Did We Just Pass The Inflection Point?
Richard Zeits - at Seeking Alpha - Tue Feb 03, 1:35PM CST
NOG: 7.05 (+0.02), NFX: 33.29 (+0.82), CLR: 41.07 (+0.69), WPX: 11.09 (+0.16), RDS.A: 61.53 (+1.33), XOM: 84.54 (+0.13), BCEI: 25.50 (-0.38), TPLM: 4.94 (+0.06), MTDR: 20.17 (+0.01), LPI: 11.98 (+0.21), CVX: 107.03 (+2.28), AREX: 6.48 (-0.26)
Shell Cuts Capex, Conoco Slashes Spending Further
at Investor's Business Daily - Thu Jan 29, 1:15PM CST
Royal Dutch Shell (RDSA) slashed its capital spending for the next three years on falling oil prices, and ConcoPhillips (COP) cut its spending even further. Shell announced Thursday that it would cut $15 billion in spending over the next three years...
CXO: 108.18 (+1.98), XOM: 84.54 (+0.13), COP: 63.84 (+1.08), BP: 40.10 (+1.13), LINE: 11.24 (+0.08), MTDR: 20.17 (+0.01), CVX: 107.03 (+2.28), OXY: 72.72 (+0.85)
RPC Warns That Oil Companies Demand Lower Costs
at Investor's Business Daily - Wed Jan 28, 8:34AM CST
RPC Inc. (RES) warned Wednesday that oil company customers are seeking lower prices for its oilfield services as production operations get scaled back in the wake of falling oil prices. "Customers planning to continue exploration and production...
CXO: 108.18 (+1.98), RES: 11.81 (+0.01), MTDR: 20.17 (+0.01), CVE: 16.73 (+0.38), CVX: 107.03 (+2.28), SLB: 82.37 (+1.36), BHI: 62.47 (+1.54)
Matador Resources (MTDR) Downgraded From Buy to Hold
at The Street - Mon Mar 16, 10:20AM CDT
Matador Resources (MTDR) has been downgraded by TheStreet Ratings from Buy to Hold with a ratings score of C+.
MTDR: 20.17 (+0.01)
7 Energy Stocks That Look Cheap Due to Bankruptcy Fears
at The Street - Thu Mar 05, 5:30PM CST
Many investors believe the sharp decline in oil means there will be widespread bankruptcies in the energy sector. Here's why they're wrong, and how to make money from their mistake.
WLL: 39.03 (-1.04), UPL: 14.98 (-0.10), HAL: 42.82 (+1.27), APA: 59.55 (-0.33), FANG: 72.34 (+0.85), BP: 40.10 (+1.13), BCEI: 25.50 (-0.38), OXY: 72.72 (+0.85), MTDR: 20.17 (+0.01), SWN: 22.60 (+0.33), BHI: 62.47 (+1.54), APC: 81.95 (+1.52)
Energy XXI Subsidiary Offers $1.25B Senior Notes Due 2020 - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Mar 05, 2:30PM CST
In a private placement, an affiliate of Energy XXI Ltd. (EXXI) has commenced the offering of its $1.25 billion aggregate principal amount of Senior Secured Second Lien Notes due 2020.
EXXI: 3.83 (+0.07), XOM: 84.54 (+0.13), WTI: 5.04 (-0.07), MTDR: 20.17 (+0.01)
Matador's (MTDR) CEO Joe Foran on Q4 2014 Results - Earnings Call Transcript
SA Transcripts - at Seeking Alpha - Tue Mar 03, 1:23PM CST
MTDR: 20.17 (+0.01)
Matador Resources EPS of $0.63
Seeking Alpha - at Seeking Alpha - Mon Mar 02, 3:16PM CST
MTDR: 20.17 (+0.01)
Matador Resources Company Reports Fourth Quarter and Full Year 2014 Results and Provides Operational Update
Business Wire - Mon Mar 02, 3:01PM CST
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company"
, an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today reported financial and operating results for the three months and year ended December 31, 2014. Headlines include the following: MTDR: 20.17 (+0.01)
Matador Resources Company Announces Closing of Delaware Basin Combination
Business Wire - Mon Mar 02, 5:00AM CST
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company"
, an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today announced on Friday, February 27, 2015 it completed the previously announced combination of its Delaware Basin assets with Harvey E. Yates Company ("HEYCO" , a subsidiary of HEYCO Energy Group, Inc. As a result of the transaction, Matador will assume operatorship of all of HEYCO's operated properties in the Northern Delaware Basin. MTDR: 20.17 (+0.01)
Notable earnings after Monday’s close
Seeking Alpha - at Seeking Alpha - Sun Mar 01, 4:35PM CST
MBI: 9.24 (+0.06), GWRE: 53.65 (+0.84), CODI: 16.94 (+0.27), MDR: 3.29 (+0.01), HTGC: 13.98 (+0.33), NBR: 13.15 (+0.36), NTRI: 20.56 (+0.45), XON: 46.11 (-1.26), STKL: 11.01 (+0.50), OPWR: 10.65 (+0.14), CZR: 9.44 (unch), PANW: 144.08 (-2.11), INN: 14.23 (+0.30), CMLS: 2.68 (+0.25), MTDR: 20.17 (+0.01), ARNA: 4.80 (-0.21), MCEP: 5.43 (+0.14), SLXP: 172.80 (+0.26), BALT: 1.38 (+0.14), MYL: 63.06 (-0.88), SN: 11.80 (+0.08), EPIQ: 18.31 (+0.04), CHUY: 22.74 (+0.18), DTSI: 34.06 (-0.15), PRAA: 54.72 (+1.16), HALO: 14.63 (-1.43), CIM: 3.23 (+0.03), CKEC: 34.55 (+0.78)
Matador Resources Company Announces Date of Fourth Quarter and Full Year 2014 Earnings Release
Business Wire - Wed Feb 18, 5:00AM CST
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company"
, an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today announced plans to release fourth quarter and full year 2014 operational and financial results after the close of trading on Monday, March 2, 2015. Management will also host a live conference call on Tuesday, March 3, 2015 at 9:00 a.m. Central Time to review fourth quarter and full year 2014 financial results and operational highlights. MTDR: 20.17 (+0.01)
IEA Misses On Shale Production Growth Forecast
Ryan Edward - at Seeking Alpha - Wed Feb 11, 3:13PM CST
CXO: 108.18 (+1.98), HK: 1.60 (+0.02), CLR: 41.07 (+0.69), BCEI: 25.50 (-0.38), AXAS: 2.91 (-0.21), GDP: 3.12 (+0.09), QEP: 20.78 (+0.38), BBG: 8.80 (-0.28), EOG: 90.68 (+1.15), DNR: 7.46 (-0.04), CRZO: 47.86 (+1.37), SYRG: 11.77 (+0.14), MTDR: 20.17 (+0.01), DVN: 58.66 (+0.40), WLL: 39.03 (-1.04), XEC: 110.62 (+3.39), SN: 11.80 (+0.08), SM: 47.09 (+1.88), PVA: 7.64 (+0.05), LPI: 11.98 (+0.21), ROSE: 16.57 (+0.11), CWEI: 47.96 (+2.06), NFX: 33.29 (+0.82), PXD: 163.56 (+4.82), CPE: 6.89 (+0.06), FANG: 72.34 (+0.85), PDCE: 52.32 (+0.46), CRK: 3.28 (-0.08), EPE: 9.71 (+0.44), OAS: 13.80 (-0.16)
IEA: Oil To Drop As Rebalance Takes Months, Years
at Investor's Business Daily - Tue Feb 10, 12:30PM CST
The drop in oil prices isn't over yet, according to a report Tuesday from the International Energy Agency. Oil reserves in Organization for Economic Cooperation and Development countries will hit a new high of 2.83 billion barrels by the middle of...
CXO: 108.18 (+1.98), LINE: 11.24 (+0.08), CVX: 107.03 (+2.28), MTDR: 20.17 (+0.01)
OPEC Sees Crude Demand Rising In '15, Shale Oil Down
at Investor's Business Daily - Mon Feb 09, 9:25AM CST
The Organization of the Petroleum Exporting Countries lowered its 2015 outlook for non-OPEC oil supply but raised the demand outlook for its oil Monday. In its February monthly report, OPEC said demand for its crude oil would rise to 29.21 million...
CXO: 108.18 (+1.98), DO: 27.68 (+0.68), LINE: 11.24 (+0.08), MTDR: 20.17 (+0.01), BHI: 62.47 (+1.54)
Oil and Gas Exploration and Production Equities Coverage - Talisman Energy, Canadian Natural Resources, EXCO Resources, Rosetta Resources, and Matador Resources
PR Newswire - Mon Feb 09, 8:10AM CST
Investor-Edge has initiated coverage on the following equities: Talisman Energy Inc. (NYSE: TLM), Canadian Natural Resources Ltd (NYSE: CNQ), EXCO Resources Inc. (NYSE: XCO), Rosetta Resources Inc. (NASDAQ: ROSE), and Matador Resources Company (NYSE: MTDR). Free research report on Talisman Energy can be accessed at http://get.Investor-Edge.com/pdf/?c=Talisman%...&s=TLM. The US markets on Friday, February 06, 2015, ended on a negative note as the Dow Jones Industrial Average finished at 17,824.29, down 0.34% and the NASDAQ Composite closed at 4,744.40, down 0.43%. The S&P 500 finished the session 0.34% lower at 2,055.47. During the trading session, eight out of ten sectors finished on a lower note. The S&P 500 Energy Sector Index ended the day at 587.98, down 0.26%, whereas the index has advanced 3.53% in the past one month. Register for your complimentary reports at the links given below.
TLM: 7.61 (-0.04), XCO: 1.63 (+0.13), CNQ: 29.60 (+0.86), MTDR: 20.17 (+0.01), ROSE: 16.57 (+0.11)
Oil Prices Rise As More Rigs Went Offline In January
at Investor's Business Daily - Fri Feb 06, 8:27AM CST
Baker Hughes (BHI) reported a drop in worldwide and U.S. rig counts for January, sending oil higher on Friday. The oilfield service provider said January's global rig count was 3,309, down 289 vs. January 2014 and down 261 vs. December. The U.S. rig...
CXO: 108.18 (+1.98), LINE: 11.24 (+0.08), CVX: 107.03 (+2.28), MTDR: 20.17 (+0.01), STO: 17.72 (+0.62), BHI: 62.47 (+1.54)
Matador Resources Company Promotes Ryan C. London and Van H. Singleton, II
Business Wire - Thu Feb 05, 9:30AM CST
Matador Resources Company (NYSE:MTDR) ("Matador" or the "Company"
, an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today was pleased to announce that Ryan C. London, the Company's Vice President and General Manager, has been promoted and appointed as Executive Vice President and General Manager of the Company, effective February 5, 2015. In addition, Van H. Singleton, II, the Company's Vice President - Land, has been promoted and appointed as Executive Vice President - Land of the Company, effective February 5, 2015. MTDR: 20.17 (+0.01)
Matador Resources Company Announces 2014 Production Results and Reserves and 2015 Capital Budget
Business Wire - Wed Feb 04, 6:28PM CST
Matador Resources Company (NYSE: MTDR) ("Matador" or the "Company"
, an independent energy company engaged in the exploration, development, production and acquisition of oil and natural gas resources, with an emphasis on oil and natural gas shale and other unconventional plays and with a current focus on its Eagle Ford operations in South Texas and its Permian Basin operations in Southeast New Mexico and West Texas, today announced its 2014 year-end production results and reserves and its 2015 capital budget and operating plan. MTDR: 20.17 (+0.01)
Matador Resources (MTDR) Upgraded From Hold to Buy
at The Street - Wed Feb 04, 11:40AM CST
Matador Resources (MTDR) has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B-.
MTDR: 20.17 (+0.01)
Oil And Gas Stocks - Did We Just Pass The Inflection Point?
Richard Zeits - at Seeking Alpha - Tue Feb 03, 1:35PM CST
NOG: 7.05 (+0.02), NFX: 33.29 (+0.82), CLR: 41.07 (+0.69), WPX: 11.09 (+0.16), RDS.A: 61.53 (+1.33), XOM: 84.54 (+0.13), BCEI: 25.50 (-0.38), TPLM: 4.94 (+0.06), MTDR: 20.17 (+0.01), LPI: 11.98 (+0.21), CVX: 107.03 (+2.28), AREX: 6.48 (-0.26)
Shell Cuts Capex, Conoco Slashes Spending Further
at Investor's Business Daily - Thu Jan 29, 1:15PM CST
Royal Dutch Shell (RDSA) slashed its capital spending for the next three years on falling oil prices, and ConcoPhillips (COP) cut its spending even further. Shell announced Thursday that it would cut $15 billion in spending over the next three years...
CXO: 108.18 (+1.98), XOM: 84.54 (+0.13), COP: 63.84 (+1.08), BP: 40.10 (+1.13), LINE: 11.24 (+0.08), MTDR: 20.17 (+0.01), CVX: 107.03 (+2.28), OXY: 72.72 (+0.85)
RPC Warns That Oil Companies Demand Lower Costs
at Investor's Business Daily - Wed Jan 28, 8:34AM CST
RPC Inc. (RES) warned Wednesday that oil company customers are seeking lower prices for its oilfield services as production operations get scaled back in the wake of falling oil prices. "Customers planning to continue exploration and production...
CXO: 108.18 (+1.98), RES: 11.81 (+0.01), MTDR: 20.17 (+0.01), CVE: 16.73 (+0.38), CVX: 107.03 (+2.28), SLB: 82.37 (+1.36), BHI: 62.47 (+1.54)
