BofA Securities reiterated its Buy rating raised its price objective on Occidental Petroleum after the company posted a solid operational quarter.
Jon C. Ogg 24/7 Wall St. has put together a preview of Cisco Systems, Nio, Occidental Petroleum and some of the other most anticipated quarterly reports due this week.
Oil and gas giant Shell reported second-quarter results Thursday that included a $22.3 billion noncash, pr-tax impairment charge on the value of its assets.
Short sellers reduced their positions in big oil and gas stocks in the two-week reporting period ending July 15. But prices on the stocks have continued to move lower.
Chevron announced Monday that it has agreed to acquire Noble Energy in an all-stock deal valued at $13 billion including Noble's debt.
Short interest in oil and gas stocks slipped a bit in the two-week period that ended June 30. Crude prices have been relatively flat for about six weeks.
With the stock market way overbought, and many investors looking for value ideas, beaten-down energy giants may be an outstanding idea now. Investors that can see past the current environment could make…
Occidental Petroleum has announced an offer to repurchase some $1.5 billion in outstanding senior debt and filed to offer new debt with longer maturities.
Paul Ausick In the two-week short interest period that ended June 15, oil and gas stocks mostly saw declines in short selling, but share prices fell off a cliff for most.
SunTrust Robinson Humphrey has upgraded both EOG Resources and Occidental Petroleum and boosted their price targets.
Friday's top analyst upgrades and downgrades included Darden Restaurants, DuPont, EOG Resources, Lululemon Athletica, Micron Technology, Occidental Petroleum, Slack, Spotify, Ulta Beauty and Walt Disney.
Short interest in oil and gas stock mostly declined in the two-week period that ended May 29. Rising crude oil prices get the credit.
Monday's top analyst upgrades and downgrades included Amazon.com, Canopy Growth, CarMax, Chipotle Mexican Grill, Geron, Hess, Inogen, Occidental Petroleum, Snap, Teva Pharmaceutical, Vail Resorts and Zoom Video Communications.
Short interest rose on several oil and gas stocks during the two week reporting period that ended May 15.
Short interest in oil and gas stocks was mixed in the two-week reporting period ended April 30. Short sellers took particular aim at one target.
