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Oil Stocks – Statoil ASA (NYSE:STO), ConocoPhillips (NYSE:COP), Total (NYSE:TOT), BP plc (NYSE:BP)
Statoil ASA (OSE: STL, NYSE:STO) and the partners in the Johan Sverdrup field in the North Sea continue their work to evaluate and optimise the field development concept. The final decision regarding concept selection will be made early in 2014. Shares of Statoil ASA (ADR) (NYSE:STO) closed at $ 23.30during last trading session. The share…
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Oils stocks – BP plc, Exxon Mobil (XOM), Chevron Corporation (CVX), ConocoPhillips (COP), Total SA (TOT)
BP plc (ADR) (NYSE:BP) announced significant oil discovery at its Gila prospect in the deepwater US Gulf of Mexico. Shares of BP plc (ADR) (NYSE:BP) were rose 0.59% to $45.79 in premarket. In last session BP plc (ADR) (NYSE:BP) closed at $45.52. Exxon Mobil Corporation (NYSE:XOM) on Wednesday cut its stake in Japan’s second-biggest refiner,…
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Oil Futures Up 0.3% – BP (NYSE:BP), Total (NYSE:TOT), Chevron Corporation (NYSE:CVX), Exxon Mobil (NYSE:XOM), ConocoPhillips (NYSE:COP)
After recent continuous losses crude oil finally stabilizes itself, and its price goes to $104 a barrel Wednesday. But in electronic trading on the New York Mercantile Exchange benchmark oil for November delivery was up to 68 cents to $103.81 a barrel. This is by the early afternoon in Europe. Oil has fallen over 6%…
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Hot Stocks In Focus: BP plc (ADR) (NYSE:BP), Apple Inc. (NASDAQ:AAPL), Potash Corp (NYSE:POT)
UK oil firm BP plc (ADR) (NYSE:BP) announced on Tuesday a lower than anticipated Q2 net profit of $2B as lower oil prices, higher taxes and a decrease in income from its operations in Russia took their toll on the firm. The net profit, even though increased from a loss of $1.5B in the similar…
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Energy Stocks Performance Plunges After 6-Seession: Nabors Industries, BP plc, Total SA, Tesoro, Phillips 66, Marathon Petroleum, Cliffs Natural Resources, Duke Energy, NGL Energy Partners
Energy stocks performance disappoints on Wednesday after ending a six-session winning streak, with shares of oil-field services firm Nabors Industries Ltd. (NYSE:NBR) leading losses as it warned its Q2 results will come in lower Wall Street anticipations. Shares of Nabors (NBR) plunged 6.31% on Wednesday after the firm blamed winter weather and flooding in its…
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Exxon Mobil Corporation (NYSE:XOM) and Rosneft Pilot Development Agreement aimed expansion oil reservoir in Western Siberia
Rosneft and Exxon Mobil Corporation (NYSE:XOM) signed another deal today, a new sign for mutual project called a “Pilot Development Agreement”, according to the deal both of them will assess the opportunity of commercial production of fixed oil reserves at Achimov and Bazhenov in Western Siberia. Today’s signing is an extension to the join venture…
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Energy Stocks Down On Weak Oil Prices: BP plc (NYSE:BP), Exxon Mobil (NYSE:XOM) and Chevron (NYSE:CVX)
The energy sector weighed declines at the closing bell on Tuesday from BP plc (ADR) (NYSE:BP) and WPX Energy Inc. (NYSE:WPX) as stocks illustrated pressure from weak crude-oil prices, while Alpha Natural Resources, Inc. (NYSE:ANR) faced a fall on plans to reduce 1,200 workers. Exxon Mobil Corporation (NYSE:XOM) shares were down after an agreement to…
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Energy Sector Gains Amid Strong Oil Prices And The Broader Stock Market – (FSLR, XOM, VALE, ANR, BP)
The energy sector finished higher yesterday as oil prices strengthened and the broader stock market rose, with shares of First Solar, Inc. (NASDAQ:FSLR) reporting strong rally. The Energy Select Sector SPDR (ETF) (NYSEARCA:XLE) moved up 1.1%. The fund takes into account energy stocks included in the S&P 500 Index. Among that group, First Solar jumped…
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Groupon Inc (NASDAQ:GRPN) Continues To Face Lukewarm Sentiment Despite Strong Rally – (MS, PFE, BP)
Stock markets around the world declined Monday after a slowdown in Japan’s growth provided investors an added reason to worry about the health of the global economy. Japan’s economy moved up at a weaker-than-projected annual rate of 1.4 percent in April-June as European financial woes and the strong yen weighed on the nation’s powerhouse export…