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Posts related to ‘PXP’

old mining hardhat with head light

Freeport-McMoRan Tops EPS Estimates

Posted: January 22, 2013 at 8:39 am

Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) reported fourth quarter and full-year 2012 results before markets opened this morning. The mining company posted diluted quarterly earnings per share (EPS) of ...
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Mining

Base Metals Outlook Improves Little in 2013

Posted: January 7, 2013 at 10:13 am

A shrinking global economy took a heavy toll on producers of nonprecious metals in 2012. Prices for base and industrial metals like copper, iron ore, and aluminum fell sharply as ...
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underground mining

Outlook 2013: Turnaround Unlikely in Base Metals

Posted: December 19, 2012 at 9:20 am

2012 has been a mixed year for the base metals. 24/7 Wall St. is looking into 2013 to see what the new year may bring for the sector. The long ...
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Oil pumpjack

Freeport’s Big Spending Not So Bad — Moody’s

Posted: December 7, 2012 at 12:32 pm

After getting pummeled for two days, shares of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX) are getting a bit of boost today following an announcement from Moody’s that the proposed ...
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Bull and Bear figures

24/7 Wall St. Closing Bell — December 5, 2012: Markets Close Mixed on Tech Weakness (ADTN, KMP, CLF, INTC, RAX, MFRM, P, FRAN, MW, SAIC, VRA, LULU, SFD, TITN, FCX, MMR, PXP, NOK, CHL, TIBX)

Posted: December 5, 2012 at 4:02 pm

U.S. equity markets opened essentially flat again this morning as investors waited to see what would happen with the many data releases due out today. In Europe, the non-manufacturing PMI ...
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Offshore drill rig

Freeport-McMoRan Returns to the Energy Business

Posted: December 5, 2012 at 9:07 am

At least one big mining firm has made acquisitions in the energy field in an effort to boost profits in the face of a slowdown in demand for mined materials. ...
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Offshore drill rig

Gulf of Mexico Lease Sale Draws Little Attention

Posted: November 30, 2012 at 12:19 pm

The US Department of Interior’s Bureau of Ocean Energy Management (BOEM) on Wednesday held a lease sale for approximately 21 million acres of US outer continental shelf open for development ...
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Media Digest (9/11/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: September 11, 2012 at 6:32 am

George Soros says Germany should back the European Union or leave it. (Reuters) The new Apple Inc. (NASDAQ: AAPL) iPhone could boast fourth-quarter gross domestic product by 0.5%, according to a ...
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Energy Stocks Mixed Up on Transactions, China (PXP, BP, RDS-A, RDS-B, RIG, ANR, BTU, KOL)

Posted: September 10, 2012 at 11:22 am

Energy stocks today exhibit all the signs of a market reacting to news that is difficult to categorize easily. First there is the $6 billion in acquisitions announced this morning ...
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BP Confirms $5.5B Gulf of Mexico Asset Sale

Posted: September 10, 2012 at 7:58 am

BP PLC (NYSE: BP) has confirmed some news reported earlier by Reuters on an update of its planned asset sales. BP is selling its interests in a number of oil ...
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Media Digest (9/10/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: September 10, 2012 at 6:17 am

General Motors Co. (NYSE: GM) loses up to $49,000 on each Chevy Volt. (Reuters) J.P. Morgan Chase & Co. (NYSE: JPM) and Citigroup Inc. (NYSE: C) may change their compensation practices. ...
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Fitch Reviews Oil & Gas Operations and Reserves

Posted: May 11, 2012 at 1:34 pm

Fitch Ratings is out with a statistical review of operational metrics at a number of oil & gas companies. The review notes a handful of emerging trends: Finding, development, and ...
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New Crude Oil Pipeline System to be Built in Gulf of Mexico (EPD, GEL, APC, APA, XOM, E, PBR, PXP, BP, MRO, RDS-A, CVX, COP)

Posted: January 4, 2012 at 9:57 am

Two pipeline companies have agreed to a 50-50 joint venture to build a new 149-mile offshore gathering system in the Gulf of Mexico. Enterprise Products Partners L.P. (NYSE: EPD) and ...
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Chesapeake Sells Utica Shale Stake to Total (CHK, TOT, BP, PXP, SD, CRZO)

Posted: January 3, 2012 at 9:34 am

In yet another of the deals that shakes up the landscape of US shale gas production, Chesapeake Energy Corp. (NYSE: CHK) has formed a joint venture with Total SA (NYSE: ...
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Chesapeake Leaves the Fayetteville Play (CHK, BHP, BP, PXP, BCS, XOM, HK, POT)

Posted: February 22, 2011 at 11:06 am

It's hardly news any more when Chesapeake Energy Corp. (NYSE: CHK) sells off more assets. This time is a little different, though, because of the buyer. BHP Billiton plc (NYSE: ...
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