Fitch Ratings is out with a statistical review of operational metrics at a number of oil & gas companies. The review notes a handful of emerging trends: Finding, development, and acquisition (FD&A)…
In a filing yesterday with the Securities and Exchange Commission, oil refiner Valero Energy Corp. (NYSE: VLO) said that it has accepted an offer of $350 million plus working capital for its…
Jon OggThis last week had many top analyst calls, but each week we review all of the calls looking for those which were very bold calls or that go against the grain. …
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen in Wall Street research calls this Thursday. ABB Ltd. (NYSE: ABB) Cut to Neutral at JPMorgan. Air Products &…
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP Morgan (NYSE:…
In what has to be one of the dumbest notions ever, Delta Air Lines Inc. (NYSE: DAL) is reported to be considering buying an oil refinery. There are plenty for sale in…
Oil & gas producer Hess Corp. (NYSE: HES) announced this morning that it has retained Goldman Sachs Group Inc. (NYSE: GS) to help the company explore the sale of its St. Lucia…
Hess Corp. (NYSE: HES) has announced that it will close its Hovensa refinery in the US Virgin Islands next month and use the site as an oil storage facility. The refinery is…
Paul Ausick Independent oil & gas firm McMoran Exploration Co. (NYSE: MMR) posted an unexpected profit today, leading other energy firms like Exxon Mobil Corp. (NYSE: XOM), Chevron Corp. (NYSE: CVX), and Hess Corp.…
Independent oil & gas company Hess Corp. (NYSE: HES) has announced a planned capital spending and exploration budget of $6.8 billion for for 2012. The largest chunk of spending, $2.5 billion, goes…
Paul Ausick Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Apple Inc. (NASDAQ: AAPL) Reiterated Overweight at JPMorgan; Reiterated Outperform…
One of the reasons that the Bakken shale deposits in North Dakota and Montana get relatively little attention is that none of the big integrated oil companies have much presence there. There…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Allergan Inc. (NYSE: AGN) Cut to Neutral at Piper Jaffray. DaVita,…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Cisco Systems, Inc. (NASDAQ: CSCO) Raised to Buy at Goldman Sachs.…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Alcatel-Lucent (NYSE: ALU) Raised to Buy at UBS. Arch Coal Inc.…
