4:05am ET
Media
Media Digest 8/3/2010 Reuters, WSJ, NYTimes, FT, Bloomberg
Reuters: BP plc (NYSE: BP) will try to “kill” its well leak by today. Reuters: The Fed may buy new mortgage bonds to help the credit system Reuters: The US said the…
OXY Coverage Page 45
8:59pm ET
Investing
Oracle’s Ellison Top Paid CEO Of Decade With $1.84 Billion
Larry Ellison, founder and CEO of Oracle (NASDAQ: ORCL) probably deserves a huge pay package as much as anyone else. His company has become wildly successful and has been a steady producer…
10:03pm ET
Investing
The Oldest Public Company CEOs
The official retirement age for executives at many large U.S. corporations has been 65 for several decades – unless the executive also happens to be the founder. Forty years ago, 65 was…
12:54pm ET
Energy
Drilling Onshore, Less Risky for Investors (BP, RIG, XOM, CVX, COP, OXY, DVN, APA, SU, FST, NFX)
The continuing disaster in the Gulf of Mexico has called into question drilling safety practices for oil in the ultra-deepwaters of the world. Drilling in a well in water more than 5,000…
12:22pm ET
Energy
Ecuador Threatens Expropriation of Private Oil Operations
Ecuador is a relatively unknown member of OPEC, due mostly to its up and down relationship with the cartel. Ecuador first joined OPEC in 1973, then in 1992 suspended its membership for…
9:32am ET
Investing
Citi Escapes Big Bonus Issue, Unloads Phibro to Occidental (C, OXY)
If you can’t take the heat, get out of the kitchen. That is what Citigroup, Inc. (NYSE: C) has done over its Phibro commodities trading unit. Occidental Petroleum Corporation (NYSE: OXY) has…
11:37am ET
Energy
T. Boone Pickens & BP Updated Stock Holdings (ANR, APC, COG, CHK, CNX, DVN, FLR, FWLT, HAL, MEE, OXY, STR, SLB, SU, RIG, WFT)
This morning we got to see the new equity holdings of T. Boone Pickens, via his BP Capital Management, L.P., as of March 31, 2009. Some of the higher stakes look to…
6:27am ET
Investing
Top 10 Analyst Upgrades & Downgrades (APC, ATML, CBY, CEO, EXR, N, OXY, OZM, PSA, WFC)
These are ten of the top pre-market analyst calls we have seen early this Tuesday morning with more than two hours until the market opens: Anadarko Petroleum (APC) Cut to Equal Weight…
8:10am ET
Energy
Oil Earnings Clear the Low Bar (OXY, COP)
Occidental Petroleum Corp. (NYSE:OXY) and ConocoPhillips Corp. (NYSE:COP) reported a mixed bag of first quarter 2009 earnings this morning. Net income met analysts’ expectations, but revenue did not.
7:20am ET
Energy
Oil & Energy Upgrades & Downgrades (APA, DNR, E, XOM, OXY, PXP, RDS.A, SPWRA)
These are the top analyst calls we have seen in the oil patch and in the energy sector this Monday morning: Apache (NYSE: APA) Raised to Outperform at Credit Suisse. Denbury Resources…
7:37am ET
Investing
Top Pre-Market Analyst Downgrades (ACGY, BMRN, CTCM, DENN, XOM, LF, OXY)
These are some of the top early bird Analyst Downgrades seen from Wall Street analysts this Thursday morning: Acergy (ACGY) Cut to Sell at Citigroup. BioMarin Pharmaceutical (BMRN) downgraded at Citigroup, Collins…
11:35am ET
Energy
Low Oil Prices, Yet High Oil Profits (OXY, BP, VLO, COP)
This has been a very sketchy earnings season, and the crazy stock markets have offered very little help in being able to evaluate many companies. But despite the massive drop in oil…
9:26am ET
Energy
Drilling for Cash, Not Oil and Gas (PXP, OXY, CHK)
This morning Plains Exploration (NYSE:PXP) announced the sale of its oil and gas properties in the Permian and Piceance Basins for $1.25 billion to Occidental Petroleum (NYSE:OXY). This sale highlights two of…
9:18am ET
Energy
Occidental To Try Enhanced Oil Recovery in Permian Basin (OXY, KMP)
Occidental Petroleum (NYSE:OXY) plans to spend $1.1 Billion on a natural gas processing plant and related pipelines. The company expects the enhanced oil recovery (EOR) program to increase it’s Permian Basin production…
Douglas A. McIntyre 10:31am ET
Investing
Legislation and Risks To Natural Gas Development (CHK, WMB, XTO, OXY, APA, EP, DVN)
The American Exploration and Production Council (AXPC) today released a study by Wood Mackenzie, an energy consulting firm, claiming that costs to the natural gas industry associated with the pending alterations to…