U.S. equity markets opened about flat this morning on another day devoid of significant data releases. In Asia, markets in China and Hong Kong remain closed for the holiday, but Japan’s Nikkei…
ThinkstockThe Committee on Foreign Investment in the U.S. (CFIUS) has given its approval to the $15.1 billion acquisition of Nexen Inc. (NYSE: NXY) by China’s Cnooc Ltd. (NYSE: CEO). The Canadian government…
ThinkstockWe have tracked the key short interest changes as of January 31 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades and initiations seen from Wall St. research calls. Capstead Mortgage Corp. (NYSE: CMO) cut to Market Perform at JMP Securities. Chesapeake Energy…
ThinkstockIn the energy sector, 2012 was the year of the refiner. Stock prices appreciated at least 80% for most of them, while the supermajor integrated companies were only able to tally gains…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 118 billion cubic feet last week, less than expected drop in the range of 125 billion to…
ThinkstockSandRidge Energy Inc. (NYSE: SD) and its chief executive, Tom Ward, have been getting crosswise with investors since at least last November. Ward has been a particular target of two SandRidge investors…
ThinkstockCorporate governance issues are sometimes a blessing for shareholders, but they also can crush the rights of shareholders in many cases. Tracking CEO pay of large public companies is now considered open hunting…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks declined by 194 billion cubic feet last week, below an average expected drop of around 206 billion cubic feet.…
U.S. equity markets opened mixed this morning following a depressing report on U.S. GDP growth, which turned out to be negative (more coverage here). Even a good jobs report from ADP couldn’t…
ThinkstockThere is a common belief among the public that chief executive officers of public companies get hundreds of millions of dollars, even when their results are not good. While that is an…
Jon C. Ogg ThinkstockChesapeake Energy Corp.’s (NYSE: CEO) CEO Aubrey McClendon is leaving the company he co-founded in 1989, citing “philosophical differences” with Chesapeake’s board. Until last year, there would have been no such differences…
Paul Ausick Chesapeake Energy Corp. (NYSE: CHK) CEO Aubrey McClendon retires as scandals around his tenure continue. (Reuters) Toyota Motor Corp. (NYSE: TM) recalls 752,000 Corollas because of airbag problems. (Reuters) Some at J.P. Morgan Chase…
ThinkstockWe have tracked the key short interest changes as of December 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE:…
thinkstockBack in the days when billionaires were scarce on the ground, one of the bona fide big wheels was oilman J. Paul Getty, who offered this advice on getting rich: “Work hard…
