The thoughts of restricting the pay packages of the CEOs of public companies may be in the air, but new data on chief executive compensation show that boards of directors ... Read Full Story »
We've been closely tracking the weekly rig counts published by Baker Hughes Inc. (NYSE:BHI) for a while now. Drilling for oil has slowed significantly in the US, and drilling for ... Read Full Story »
These are some of the top pre-market analyst upgrades and positive calls we have seen this Tuesday morning with well over two hours until the market opens: AXA (AXA) Started ... Read Full Story »
XTO Energy Inc. (NYSE:XTO) has cut its 2009 capital spending budget from $3.8 billion to $3.2 billion. Development and exploration expenses are now expected at $2.75 billion and pipeline construction ... Read Full Story »
These are some of the early upgrades we are seeing on Wall Street this Thursday morning:Encore Acquisition (EAC) Raised to Buy at Goldman Sachs.Equitable Resources (EQT) Started as Outperform at ... Read Full Story »
Shares of XTO Energy Inc. (NYSE: XTO) are trading higher after announcing a rather large acquisition. The company is acquiring privately held Hunt Petroleum Corp. for some $4.2 Billion in ... Read Full Story »
The American Exploration and Production Council (AXPC) today released a study by Wood Mackenzie, an energy consulting firm, claiming that costs to the natural gas industry associated with the pending ... Read Full Story »
Below are the top analyst calls we are focusing on this Wednesday morning:AFLAC (NYSE: AFL) cut to Neutral from Buy at UBS.Crocs (NASDAQ: CROX) cut to Neutral from Overweight at ... Read Full Story »
The largest losers among the big companies in the S&P 500 for the first quarter were:Microsoft (MSFT) down 21.6%, Google (GOOG) down 36.7%, Apple (AAPL) down 27.8%, Intel (INTC) down ... Read Full Story »
XTO Energy Inc. (NYSE: XTO) intends to sell 20,000,000 shares of common stock in a secondary offering, pursuant to its shelf offering. Lehman Brothers, Goldman Sachs, and JPMorgan are joint ... Read Full Story »
Jim Cramer on tonight's MAD MONEY has an oil stock pick since the energy companies are not reinvesting in exploration and wildcatting. One oil company that exploits higher oil prices ... Read Full Story »
Bed Bath & Beyond (BBBY) downgraded from Buy to Neutral.Earnings estimates Raised: Aracruz Celulose S.A. (ARA), Sappi Ltd. (SPP), Celanese (CE). Earnings estimates Cut: XTO Energy (XTO).Weyerhaeueser (WY) was pretty ... Read Full Story »
Dominion Resources Inc. (D-NYSE) has been trying to trim down its focus on more core assets via assets sales and select combinations. This morning the company has enetered into two ... Read Full Story »
Stock Tickers: APA, BHI, BJS, CHK, DVN, ESV, XTO, VLOAfter digging through the Barron's list of "under-dividend" companies, something else came back to mind again: there are too many energy ... Read Full Story »