5:18am ET
Investing
The Biggest CEO Apologies
“Never apologize. It’s a sign of weakness” — John Wayne as Captain Nathan Brittles in She Wore a Yellow Ribbon (1949) CEOs are rarely in the business of apologizing. They leave the…
Companies
/Energy
BP PLC ADR
$42.34
▼ $0.16 (−0.38%) today
Markets closed · 7:28am ET
BP Coverage
Page 519:41am ET
Energy
GE Inks $3+ Billion in New Energy, Beer-Making Deals (GE, BP, RDS-A, BUD)
General Electric Co. (NYSE: GE) has signed agreements with a number of companies that will use GE’s technology to explore for energy, generate power, and make beer in China. The contracts literally…
10:01am ET
Investing
24/7 Wall St. Top Analyst Calls of the Week (MTGE, AAPL, AMAT, ABX, BP, CSCO, JPM, C, LNKD, NOK, OPEN, ORCL, RIMM, UAL, VRSN, MHR, OAS)
Jon OggEach morning we review our top analyst upgrades, downgrades, and initiations from Wall Street research notes. We then look back over these at the end of the week to more closely…
8:21am ET
Investing
Top Analyst Upgrades & Downgrades (ARX, AMSF, AMAT, MT, BP, BTI, CRZO, LFC, DOLE, ITMN, LNKD, MCD, MHP, NCR, ONXX, PTEN, PAA)
Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Aeroflex Holding Corp. (NYSE: ARX) Raised to Conviction Buy List…
11:14am ET
Energy
Natural Gas is Cheap; What About Natural Gas Stocks? (XOM, BP, COP, APC, DVN, EOG, CHK)
After popping to an intra-day high near $5/thousand cubic feet (tcf) in early June, natural gas prices have dropped back to around $4/tcf and hovered there for about six weeks. It’s not…
6:21am ET
Media
Media Digest (9/8/2011) Reuters, WSJ, NYTimes, Bloomberg
Facebook’s first half revenue doubles from a year ago. (Reuters) Fitch warns about downgrades of China and Japan. (Reuters) Department of Defense officials warn of cuts in the sum the government pays…
12:01pm ET
Energy
Oil Shales & Sands: Massive Job-Creating Machines (BP, HAL, SLB)
Recent reports from North Dakota illustrate just how much demand there is for workers in the Bakken oil and gas fields. Unemployed workers have relatively little trouble finding jobs there, whether on…
12:03pm ET
Energy
The Great Energy Spin-Off Pipeline (MRO, MPC, TSO, TLLP, COP, BP, CHK, EP, XOM, CVX)
So far this year we’ve noted a couple of major spin-offs in the energy section. Marathon Oil Corp. (NYSE: MRO) spun out its downstream business into Marathon Petroleum Corp. (NYSE: MPC) and…
2:01pm ET
Energy
Will Natural Gas Prices Ever Rise? (XOM, BP, CHK, ECA, COP, DVN, EOG, APC, UPL, STR)
A barrel of oil contains about six times as much energy as a thousand cubic feet of natural gas. By that metric, at today’s WTI price of around $90/barrel, natural gas should…
10:11am ET
Energy
Oil Companies Reacting to Gulf of Mexico Storm (BP, CVX, APC, RDS-A, XOM)
What would become Lee is currently posing a threat the entire Gulf Coast again in the Gulf of Mexico. The East Cost just had to deal with Irene and is now looking…
11:35am ET
Energy
China to Begin Serious Hunt for Shale Gas (SNP, PTR, CEO, RDS-A, CVX, BP, STO, HAL, SLB, BHI, NOV, DVN, CHK)
None of China’s three largest oil companies is having a particularly good year as far as refining profits go. China Petroleum & Chemical Corp. (NYSE: SNP) — known as Sinopec — reported…
10:38am ET
Energy
Exxon & Russia’s Rosneft, a $200 to $300 Billion Oil Pact (XOM, BP)
Russian oil giant Rosneft and US oil supermajor Exxon Mobil Corp. (NYSE: XOM) are reported to have reached an agreement that will give Exxon access to oil deposits off the Arctic coast…
6:22am ET
Energy
Will BP Get $10 Billion Back From Disaster Fund?
The fund set aside for claims related to the Deepwater Horizon incident has paid out $5.551 billion to settle 359,441 claims paid to 204,434 claimants. The figures were issued as part of…
Douglas A. McIntyre 8:22am ET
Energy
Battle Looms for the North Pole Oil
In 2007 a Russian submarine planted a flag on the sea floor underneath the North Pole, and the country claimed the North Pole as Russian territory. Now Denmark/Greenland is preparing its own…
Jon C. Ogg 9:29am ET
Energy
Companies Set to win in Libya (ACM, E, EWI, OXY, RDS-A, BP, PBR, AFK)
Well, it looks like the Gadhafi family has all but lost Libya to the rebels. Earlier this year when the actions were intensifying, even before the unified strikes against the leadership there,…