BP reported second-quarter 2014 results before markets opened Tuesday morning. And it warned that further international sanctions against Russia could have a material effect on the company's results.
Paul Ausick ThinkstockTransocean Partners LLC, a spin-off from Transocean Ltd. (NYSE: RIG), has filed with the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO) of 17.5 million common units in…
These are the top analyst upgrades, downgrades and initiations from Wall Street firms for Wednesday July 9, 2014. They include Alcoa, BP, Broadcom, Garmin, Gigamon, KKR, Potash and Zillow.
General Motors has set aside $1.2 billion as a charge to earnings for the current quarter due to the recall of 29 million cars and light trucks. The number is a management…
Defining what is crude oil and what is not ends the ban on crude oil exports as effectively as does new legislation, and it does so without all the political blowback.
There were some rather large changes in the numbers of shares short in the big oil stocks in early June. Still, an elevated short interest trend remains in place in the industry.
ThinkstockWhether or not you believe that the United States invaded Iraq in 2003 to preserve access to the country’s oil, the fact is Iraq sits on a lot of crude. According to…
ThinkstockThe short interest data from the May 30 settlement date is out, and we are witnessing some big changes in the bets against big oil companies. Even with some drops in the…
ThinkstockAmerican consumers have a higher opinion of Amazon.com than any other company. For the second year in a row, the online retailer held the top slot, beating out popular brands like Apple,…
Barrons.comThe oil industry may feel picked on by Barron’s of late. Master limited partnerships (MLPs) were not exactly given the biggest welcome mat in a piece about Kinder Morgan Inc. (NYSE: KMI).…
Good news for BP -- it has been reinstated with a Buy rating by Bank of America Merrill Lynch. Exxon Mobil was also upgraded to Buy.
Last week the EPA removed its restrictions on BP, allowing the company once again to conduct business with the federal government and giving the company the right once more to bid on…
The U.S. EPA on Thursday lifted its suspension and ban against BP that prohibited the company from doing business with the federal government. This comes just in time for BP to participate…
Paul Ausick These are the top analyst upgrades, downgrades and initiations seen from Wall Street research firms on Friday, March 14, 2014. They include Alcoa, BP, NetApp, Plug Power and Teva Pharmaceutical.
courtesy of BP plcEnergy production in the U.S. will increase by 24% by 2035 while U.S. energy consumption will rise by just 3% in the same period. U.S. energy production as a…
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