5:14am ET
Energy
Big Oil Can Dodge Anything
The latest theory about Big Oil is that it will be brought down by falling oil prices. Shares in companies such as Exxon (XOM) and BP (BP) will be battered beyond recognition.…
Companies
/Energy
BP PLC ADR
$43.53
▲ $0.37 (+0.86%) today
Markets open · 12:42pm ET
BP Coverage
Page 8710:13am ET
Energy
New Major Gas Pipeline From Fayetteville Heads North (KMP, ETP, SWN, CHK, BP)
Kinder Morgan Energy Partners (NYSE:KMP) and Energy Transfer Partners (NYSE:ETP) are teaming up again, this time on a joint venture to move up to 2 billion cubic feet of natural gas per…
10:55am ET
Energy
Caspian Crude Barely Flowing (BP, CVX, STO, E, TOT, COP, HES)
Oil is trading sharply higher this morning, partly because of oil pipeline and delivery disruptions. Platts reported that crude oil flows through the BTC pipeline have dropped from about 800,000 b/d to…
9:29am ET
Energy
As Crude Jumps, A Little Rally In Oil Shares (XOM)(BP)
A good thing happens, but a bad thing happens. The current market works that way. All the arrows never point in the same direction. As word of the government’s bank bailout spread,…
5:26am ET
Energy
BP (BP) And Russia: Trusting An Untrustful Partner
BP (BP) says it got what it wanted from negotiations with its Russian joint venture partner. in TNK-BP. There will be new independent directors and the current CEO will leave. There may…
Douglas A. McIntyre 2:56am ET
Investing
Media Digest 9/4/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, NY State sent subpoenas to Bank of Americ (BAC) executives over auction-rate securities. Reuters reports the Boeing’s (BA) machinist union voted to strike but stay on the job two…
12:55pm ET
Energy
Chesapeake Drilling for Cash? (CHK, BP, PXP)
Chesapeake Energy (CHK) announced today that it will create a joint venture with the US division of BP plc (BP) that will give BP a 25% stake in Chesapeake’s Fayetteville Shale assets…
11:24am ET
Energy
A Tiny Ray Of Hope In Russia (BP)
In the midst of the military and political fiasco in Georgia, it would be easy to believe that Russia could withdraw from a number of contracts it has with the West. It…
2:48am ET
Media
Media Digest 8/19/2008 Reuters, WSJ, NYTImes, FT, Bloomberg
According to Reuters, Lehman (LEH) is considering selling it Neuberger Berman asset management unit. Reuters writes that bail-out concerns pushed down stocks in Fannie Mae (FNM) and Freddie Mac (FRE). Reuters reports…
9:05am ET
Energy
Energy Watch Part III: Big Oil Well Off Highs (XOM, COP, RDS.A, CVX, BP, MRO, PCZ, APA)
Even with oil prices well off of recent highs, these are still very much considered as above historical highs. The large integrated oil companies have experienced either declines or very small gains…
8:12am ET
Energy
Verenium Scores on BP Cellulosic Ethanol Pact (VRNM, BP)
We noticed Verenium Corp. (NASDAQ: VRNM) over at our "price/volume spike" this morning and realized what the cause was. The company’s stock is gapping up significantly after announcing that it has secured…
Douglas A. McIntyre 7:01am ET
Investing
Top Analyst Upgrades (AMAT, BP, CPST, EGLT, ELON, ITRI, KLAC, NSC, PQ, PCLN)
These are some of the top UPGRADES we are seeing from Wall Street analysts this Thursday morning: Applied Materials (NASDAQ: AMAT) Started as Buy at Banc of America. BP plc (NYSE: BP)…
2:52am ET
Media
Media Digest 6/6/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, a survey of sovereign wealth funds found concerns about their investment is overblown. Reuters reports that Verizon Wireless (VZ)(VOD) will buy Alltel for over $28 billion. Reuters reports that…
3:02am ET
Media
Media Digest 5/19/2008 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Rueters, Microsoft (MSFT) has proposed a partnership with Yahoo! (YHOO), in place of a buy-out, which may push Carl Icahn to try to get a deal for Yahoo! to set…
9:40am ET
Energy
More Ups & Downs in the Oil Patch (APA, MRO, GLF, BP)
Apache Corp. (NYSE:APA) reported net income of $1.02 billion and $3.03 EPS for the first quarter of 2008, more than double same period results for 2007 of $492 million and $1.47 EPS.…