US stocks give up recent gains as oil prices sink
By MARLEY JAY - AP - Fri Jun 10, 4:19PM CDT
NEW YORK (AP) — U.S. stocks skidded Friday in a wave of selling that wiped out most of the market's gains from earlier this week. A drop in oil prices took energy companies sharply lower. Investors were also troubled by a poll showing Britain may be more likely to leave the European Union.
WLK: 46.40 (+1.34), JPM: 63.84 (-0.91), C: 43.90 (-1.11), COP: 44.51 (-2.06), BAC: 13.83 (-0.36), VZ: 52.67 (+0.72), HRB: 24.23 (+2.69)
Markets Right Now: Stocks tumble as energy companies fall
AP - Fri Jun 10, 3:28PM CDT
NEW YORK (AP) — The latest on developments in global financial markets (all times local):
JPM: 63.84 (-0.91), C: 43.90 (-1.11), COP: 44.51 (-2.06), BAC: 13.83 (-0.36)
After Yesterday's Decline of 3.21%, ConocoPhillips Offers Investors Better Value
Comtex SmarTrend(R) - Fri Jun 10, 1:28PM CDT
ConocoPhillips (NYSE:COP) traded in a range yesterday that spanned from a low of $45.07 to a high of $46.12. Yesterday, the shares fell 3.2%, which took the trading range below the 3-day low of $45.80 on volume of 2.6 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
COP: 44.51 (-2.06)
Stock Market News for June 10, 2016
Zacks Equity Research - Zacks Investment Research - Fri Jun 10, 9:10AM CDT
Stronger dollar resulted in a decline in oil prices which led the benchmarks to close in the red on Thursday
RH: 26.56 (-1.85), NUE: 50.50 (-0.05), VMC: 115.49 (-1.34), FCX: 10.36 (-0.54), C: 43.90 (-1.11), HAL: 44.38 (-1.12), COP: 44.51 (-2.06), XOM: 89.98 (-0.69), BAC: 13.83 (-0.36), WFC: 48.34 (-0.80), SLB: 78.53 (-1.43), LYB: 80.47 (+0.55), PXD: 159.55 (-4.65), GS: 149.89 (-3.28), JPM: 63.84 (-0.91), TSO: 77.21 (-1.54), CVX: 101.98 (-0.83)
Oil at 11-Month High as EIA Reports Big Inventory Draw
Nilanjan Choudhury - Zacks Investment Research - Thu Jun 09, 5:20PM CDT
Oil soared past $51 as U.S. supplies declined further and disruptions continued in Nigeria.
PSX: 80.07 (-1.06), VLO: 53.43 (-0.38), COP: 44.51 (-2.06), XOM: 89.98 (-0.69), HFC: 27.03 (+0.19), CVX: 101.98 (-0.83)
Crude Marches Higher: 5 Energy Stocks with Great Momentum
Zacks Equity Research - Zacks Investment Research - Thu Jun 09, 7:45AM CDT
Energy investors are all fired up with West Texas Intermediate crude making a dramatic comeback, breaching the $50 per barrel barrier and still going strong.
HERO: 1.27 (-0.06), E: 31.10 (-0.72), MDR: 4.74 (-0.19), RDS.A: 51.31 (-1.01), BWP: 16.86 (-0.64), COP: 44.51 (-2.06), NADL: 6.00 (+0.85), CPGX: 25.53 (-0.01)
ConocoPhillips Resumes Operations at Surmont Oil Sands
Zacks Equity Research - Zacks Investment Research - Wed Jun 08, 8:55AM CDT
ConocoPhillips (COP) has restarted 10% of the wells at its 60,000 barrels per day (bpd) Surmont oil sands project.
SOL: 1.30 (-0.05), BAK: 11.46 (-0.32), COP: 44.51 (-2.06), CVRR: 9.73 (-0.37)
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and HollyFrontier
Zacks Equity Research - Zacks Investment Research - Tue Jun 07, 8:30AM CDT
The Zacks Analyst Blog Highlights: Exxon Mobil, Chevron, ConocoPhillips, Valero Energy and HollyFrontier
VLO: 53.43 (-0.38), COP: 44.51 (-2.06), XOM: 89.98 (-0.69), HFC: 27.03 (+0.19), CVX: 101.98 (-0.83)
Research Report Initiated on Select Independent Oil and Gas Equities
ACCESSWIRE - Tue Jun 07, 8:17AM CDT
LONDON, UK / ACCESSWIRE / June 7, 2016 / ActiveWallSt.com announces the list of stocks for today's research coverage. Pre-market the Active Wall St. team provides the latest corporate, market and technical events impacting selected stocks on the Independent Oil and Gas industry. Companies recently under review include Enterprise Products Partners, ConocoPhillips, CONSOL Energy, and Range Resources. Register with us now for your free membership and see our complete reports on these equities at:
CNX: 13.38 (-1.28), COP: 44.51 (-2.06), RRC: 43.21 (-3.00), EPD: 28.20 (-0.70)
After Yesterday's Rally of 2.69% Shares Could Potentially Pullback
Comtex SmarTrend(R) - Mon Jun 06, 12:35PM CDT
ConocoPhillips (NYSE:COP) traded in a range yesterday that spanned from a low of $44.47 to a high of $45.63. Yesterday, the shares gained 2.7%, which took the trading range above the 3-day high of $44.72 on volume of 4.0 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
COP: 44.51 (-2.06)
ConocoPhillips (COP) Crosses Pivot Point Resistance at $44.70
Comtex SmarTrend(R) - Mon Jun 06, 8:35AM CDT
Shares of ConocoPhillips (NYSE:COP) opened today above their pivot of $44.20 and have already reached the first level of resistance at $44.70. Analysts will be watching for a cross of the next upside pivot targets of $45.22 and $46.24.
COP: 44.51 (-2.06)
Oil Rises as Inventory Draw Outweighs OPEC Inaction
Nilanjan Choudhury - Zacks Investment Research - Fri Jun 03, 2:42PM CDT
Oil moved higher after EIA reported a drop in crude, gasoline and distillate stocks.
PSX: 80.07 (-1.06), VLO: 53.43 (-0.38), COP: 44.51 (-2.06), XOM: 89.98 (-0.69), HFC: 27.03 (+0.19), CVX: 101.98 (-0.83)
Learn how to target an 20% return on ConocoPhillips, or get option-trade ideas on Johnson & Johnson, Michael Kors, Marathon Petroleum Corporation, and American Express or any stock you choose
PR Newswire - Thu Jun 02, 8:31AM CDT
InvestorsObserver issues critical PriceWatch Alerts for COP, JNJ, KORS, MPC and AXP.
JNJ: 117.01 (+0.01), AXP: 64.97 (-0.74), MPC: 36.40 (-0.55), COP: 44.51 (-2.06), KORS: 49.84 (-0.90)
PNEC Petroleum Data Management Conference and Exhibition Announces 2016 Cornerstone, Star of Conference, and Stewart McAdoo Award Recipients
PR Newswire - Tue May 31, 6:34AM CDT
The Petroleum Network Education Conferences (PNEC) International Conference on Petroleum Data Integration, Information and Data Management announces two 2016 Philip C. Crouse Cornerstone Award recipients: Cindy Cummings, Exploration Technical Services, Repsol; and Ray Wall, Global Chief, E&P Technical Data, ConocoPhillips. The award recognizes distinguished contributions in the application of technical data and information principles, and achievements in or contributions to the advancement of upstream petroleum data and information management as a profession and a craft. The Cornerstone and Stewart McAdoo Awards were initiated in 2006 for the 10th anniversary of the conference. The Stewart McAdoo Award is given in five year increments for the promotion of quality, technology, and management developments. This year's recipients are Eric Toogood, Manager of DISKOS, Norwegian National Data Repository (NDR); and Scott Schneider, who has worked for companies such as Sierra Geophysics, Landmark Graphics, Tobin International and Idea Integration. Mara Abel, Professor, Federal University of Health Sciences of Porto Alegra (UFRGS), was awarded the Star of Conference Award, which recognizes an outstanding delegate based on their insightful input and direction in the on-site conference discussions. This award was determined by former recipients while at the event.
COP: 44.51 (-2.06)
Shell to Slash 2,200 More Jobs Amid Prolonged Oil Rout
Zacks Equity Research - Zacks Investment Research - Thu May 26, 10:20AM CDT
Royal Dutch Shell plc (RDS.A) is again about to reduce its headcount. This time, the company has decided to cut a minimum of 2,200 jobs this year.
RDS.A: 51.31 (-1.01), TOT: 47.20 (-1.51), COP: 44.51 (-2.06), BP: 32.22 (-0.82), CVX: 101.98 (-0.83), SLB: 78.53 (-1.43)
Look for Shares of ConocoPhillips to Potentially Pullback after Yesterday's 2.85% Rise
Comtex SmarTrend(R) - Wed May 25, 1:11PM CDT
ConocoPhillips (NYSE:COP) traded in a range yesterday that spanned from a low of $43.85 to a high of $45.00. Yesterday, the shares gained 2.9%, which took the trading range above the 3-day high of $43.99 on volume of 2.9 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
COP: 44.51 (-2.06)
Next Resistance Level for ConocoPhillips (COP) is $44.27
Comtex SmarTrend(R) - Wed May 25, 8:39AM CDT
ConocoPhillips (NYSE:COP) has opened bullishly above the pivot of $43.58 today and has reached the first level of resistance at $43.86. Analysts will be watching for a cross of the next upside pivot targets of $44.27 and $44.96.
COP: 44.51 (-2.06)
Oil Discoveries Lowest Since 1952: Is This the Bottom?
Zacks Equity Research - Zacks Investment Research - Tue May 24, 3:55PM CDT
Per a report by research firm IHS, the year 2015 marks the least amount of oil and gas discovered in over the last 64 years.
E: 31.10 (-0.72), RDS.A: 51.31 (-1.01), HES: 57.70 (-2.68), EOG: 81.56 (-3.02), COP: 44.51 (-2.06), XOM: 89.98 (-0.69), STO: 16.37 (-0.54)