ThinkstockChesapeake Energy Inc. (NYSE: CHK) parted with about $13 billion in assets last year in an effort to reduce the company’s massive debt burden. The sell-off for the new year is just…
ThinkstockAmong the companies hit hard by the sudden impact of hydraulic fracturing technology and the subsequent boom in U.S. natural gas production, one of the hardest hit was Devon Energy Corp. (NYSE:…
Paul Ausick 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…
ThinkstockThe results are in from the Credit Suisse Group (NYSE: CS) 2013 Energy Summit, and investors who were interviewed and surveyed by the Swiss bank remain bullish on the energy sector for…
ThinkstockPipeline master limited partnership Kinder Morgan Energy Partners LP (NYSE: KMP) announced this afternoon that it will update the scope of its expansion of the Trans Mountain pipeline system that currently moves…
These are some of the top analyst upgrades, downgrades and initiations seen in Wall St. research calls this Thursday. Autodesk Inc. (NASDAQ: ADSK) cut to Hold at Jefferies. Bank of America Corp.…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday. ADTRAN Inc. (NASDAQ: ADTN) cut to Underperform at BofA/ML. AGCO Corp. (NYSE: AGCO) named…
The $15.1 billion offer from China’s state-controlled Cnooc Ltd. (NYSE: CEO) for Canadian-based Nexen Inc. (NYSE: NXY) is currently being reviewed by the Canadian government, with a decision expected by November. Cnooc…
While M&A activity might be slower this year than it was last, there is one buyer that has picked up the pace. Actually, a number of buyers from one country: China. And…
The press recently had a field day with a report from the “Institute for Policy Studies” about executive pay. The report said the of the 100-highest paid U.S. CEOs in 2011, “26…
Energy exploration & production firm Midstates Petroleum Co. (NYSE: MPO) today announced that it would pay $650 million in cash and stock for 109,000 acres net acres of producing, developed, and undeveloped…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Thursday morning. Abercrombie & Fitch Co. (NYSE: ANF) cut to Neutral at Baird…
The three major US stock indexes opened higher this morning as markets were getting primed for the afternoon’s statement from the FOMC. Tomorrow’s announcement on interest rates from the European Central Bank…
The three major US stock indexes opened mixed this morning following the unemployment report from the Eurozone, which showed that the 11.2% rate had remained unchanged. The Eurozone consumer price index was…
At a meeting in New York this morning, Exxon Mobil Corp. (NYSE: XOM) CEO Rex Tillerson said that his company is “losing our shirts” on natural gas production. Did he just notice…
