Exxon & Big Oil Actually Like Low Oil Prices (XOM, RDS.A, MUR)
It may be a stretch to say that oil companies actually like lower oil prices, but these oil companies keep posting great earnings even though oil has fallen from north of $140/barrel…
It may be a stretch to say that oil companies actually like lower oil prices, but these oil companies keep posting great earnings even though oil has fallen from north of $140/barrel…
In a perhaps late research call in the oilpatch, Goldman Sachs has downgraded the exploration & production sector to Neutral from attractive and downgraded the oil services sector to Neutral from Attractive. …
These are some of the early analyst downgrades we have seen this Thursday morning: Akamai Tech (AKAM) Cut to Sell at Goldman Sachs. CommVault Systems (CVLT) Cut to Neutral at Goldman Sachs.…
These are not all of the analyst calls affecting shares this morning, but these are ten that we are focusing on this Monday morning: AbitibiBowater (NYSE: ABH) started as Outperform at RBC…
Chevron Corporation (NYSE:CVX) reported earnings of $5.17 billion and $2.48 EPS for the first quarter of 2008. First Call had estimates at $2.41 EPS. This compared with $4.72 billion and $2.18 EPS…
These are not the only impacting analyst calls this morning, but these are most of the initial calls being focused on by 247WallSt.com: Digital River (DRIV) raised to Outperform from Neutral at…
ARBA raised to Outperform at Cowen & Co.BCS cut to Underperform at Bear Stearns.BEC cut to Peer Perform at Bear Stearns.CREE cut to Mkt Perform at Morgan Keegan.EMC raised to Outperform at…
Goldman Sachs this morning made some significant "Super-Spike" era calls where it said oil could reach $135 per barrel and noted up to $4.50 per gallon of gasoline at the pump for…