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Posts related to ‘BP’

BP Gets OK to Refine Oil Sands Crude in Indiana

The sixth-largest crude refinery in the US, in Whiting, Indiana, has the capacity to turn more than 400,000 barrels/day of crude into useful products like gasoline and jet fuel. BP ...
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After the Fall: Value in Oil Stocks (XOM, CVX, BP, SLB, HAL, BHI, VLO, MPC, TSO, OIH, XOP)

The month-long slide in crude oil prices has chopped the share price of many of the biggest names in the oil patch. Exxon Mobil Corp. (NYSE: XOM) is about -4% ...
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24/7 Wall St. Closing Bell (F, WYNN, COF, BP, SYNC, CHTR, HL, OMX, THC, WEN, RST, PDC, AOL, CTL, AGU, DTG, M, MPEL, NWS, CSCO, TSLA, TM, PCLN, FOSL, DNDN, AVL)

The major US stock indexes opened sharply lower this morning as weak performance in the European markets as traders try to figure out what last weekend’s elections mean. Crude oil ...
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Top Analyst Upgrades & Downgrades (ACM, ALNY, BIIB, BP, COF, SNP, CTSH, EA, EPB, ERJ, F, LPX, MFC, MM, RAX, SYNC, VRTX, WYNN)

These are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Tuesday. AECOM Technology Corporation (NYSE: ACM) Cut to Underperform at BofA/ML. Alnylam ...
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$100/barrel Crude Good for OPEC, Not So Good for Supermajors (XOM, CVX, COP, TOT, BP, BX)

At an energy conference in Paris today, the secretary general of OPEC, Abdalla Salem el-Badri, said that the cartel is “not happy” with crude oil prices in the $110-$130/barrel range ...
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Media Digest (5/3/2012) Reuters, WSJ, FT, Bloomberg

The European Central Bank will not act to help growth in the region, but it will seek solutions to Spain’s problems. (Reuters) Nokia (NYSE: NOK) promises to build new handsets ...
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Does Delta Make Sense as an Oil Refiner?

A deal that first made it into public view less than a month ago has now been completed. Delta Air Lines Inc. (NYSE: DAL), through its wholly-owned Monroe Energy LLC ...
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Media Digest (5/1/2012) Reuters, WSJ, NYT, FT

China’s PMI rises to a 13-month high. (Reuters) BP (NYSE: BP) profits fall as it sells some assets to pay for the Gulf spill. (Reuters) New York state pension funds ...
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BP Profits Off

BP's (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 ...
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What’s Important in the Financial World (5/1/2012) Financials Lift DJIA for Q1, Bank of America Layoffs

BP’s (NYSE: BP) profits fell as it continues to struggle with the Deepwater Horizon catastrophe. The incident and subsequent oil spill may cost the UK company as much as $20 billion ...
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Exxon Stumbles on Production, Higher Costs (XOM, CVX, COP, BP, TOT, CHK)

The world’s largest publicly held energy company, Exxon Mobil Corp. (NYSE: XOM), was not expected to post first quarter EPS that matched last year’s first quarter. The same was true ...
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Sell In May And Go Away? A 2012 Primer (BAC, JPM, GE, AA, CAT, MSFT, INTC, AAPL, XOM, CVX, DD)

It is that time of year again.  It is time to ponder the theory of pricing in a summer slowdown, whether it actually happens or not.  In short, is time ...
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Earth Day Tainted By Billions In Alternative Energy Losses (FAN, QLCN, TAN, KWT, PWND, PBW, FSLR, SPWR, WFR, XOM, CVX, BP, CREE, TSLA)

Earth Day is April 22, 2012, which is this Sunday.  Many Americans and many people elsewhere will be thinking about how they can be more green.  Sadly, there are going ...
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Exxon Banned from Iraqi Energy Auction (XOM, RDS-A, CVX, OXY, TOT, BP, E)

The government of Iraq will prohibit Exxon Mobil Corp. (NYSE: XOM) from participating in the May auction of new leases because the US company last year signed six leases for ...
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Media Digest (4/19/2012) Reuters, WSJ, FT, Bloomberg

BP (NYSE: BP) wants a trial over the Deepwater Horizon delayed while it tries to get a settlement. (Reuters) The International Monetary Fund receives $320 billion in new funds that ...
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