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Stock Market & Financial Investment News

News Breaks
April 27, 2012
06:51 EDTAPA, CHK, CAM, FTI, APC, PCX, CNX, BTU, AEPUtility executive: Utilities rapidly switching to natural gas, NY Times says
U.S. utilities are rapidly switching from coal to natural gas, the CEO of AEP (AEP), a major utility, told The New York Times. Reference Link
News For AEP;APA;CHK;CAM;FTI;APC;PCX;CNX;BTU From The Last 14 Days
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May 23, 2013
12:25 EDTAEPNYSE says American Electric, NextEra trades from 9:30-9:31 am to stand
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11:27 EDTAEPNYSE investigating American Electric, NextEra trades
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08:03 EDTFTIFMC Technologies awarded subsea equipment contract for Shell's Stones field
Stones is an ultra deepwater project located in the Walker Ridge area of the Gulf of Mexico, approximately 200 miles off the Louisiana coast in approximately 9,600 feet of water. FMC Technologies' scope of supply includes eight subsea trees, a subsea manifold, topside and subsea controls and associated equipment.
07:31 EDTAPCSenate Energy & Natural Resources Committee to hold a forum
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07:28 EDTFTIUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 23 at 9:05 am; not all company presentations may be webcasted. Webcast Link
06:03 EDTCHKChesapeake implied volatility at lower end of index mean range
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May 22, 2013
10:00 EDTCHKOn The Fly: Analyst Upgrade Summary
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07:39 EDTAEPWolfe Trahan to host a conference
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07:30 EDTAPC, CHK, APAUBS to host a conference
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07:24 EDTCHKChesapeake upgraded to Positive from Neutral at Susquehanna
Susquehanna upgraded Chesapeake based on increased oil and gas forecasts and re-branding initiatives by new CEO Doug Lawler. Price target raised to $26 from $23.
May 20, 2013
12:59 EDTAEPRuling on PPL may have positive read-through for other utilities, Reuters says
The Supreme Court ruled PPL (PPL) can claim $39M in U.S. foreign tax credits against a 1997 British windfall tax and other utility companies, like Entergy (ETR) and American Electric Power (AEP), are in the same position, having been hit by the windfall tax after they acquired British utility companies that were later privatized, reported Reuters. Reference Link
07:58 EDTCNX, BTUBofA/Merrill's metals and mining analysts hold analyst/industry conference call
Metals & Mining Analysts discuss the recently held 30th Annual BofAML Global Metals, Mining & Steel Conference on an Analyst/Industry conference call. Relevant companies BHP, RIO, VALE, BNX, CLF, NUE, AA and BTU may be included on the Analyst/Industry conference call to be held on May 20 at 9 am.
07:41 EDTAPC, CAM, APAMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
07:05 EDTAPC, CHKChesapeake names Anadarko's Lawler as CEO
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07:04 EDTCHKChesapeake names Robert Douglas Lawler as CEO
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May 19, 2013
13:00 EDTFTI, CHK, APC, CAM, APAEnergy Departmant authorizes second proposed facility to export LNG
The Energy Department announced on Friday that it has conditionally authorized Freeport LNG Expansion, and FLNG Liquefaction, Freeport, to export domestically produced liquefied natural gas, LNG, to countries that do not have a Free Trade Agreement, FTA, with the United States from the Freeport LNG Terminal on Quintana Island, Texas. Freeport previously received approval to export LNG from this facility to FTA countries on February 10, 2011. Subject to environmental review and final regulatory approval, the facility is conditionally authorized to export at a rate of up to 1.4 billion cubic feet of natural gas a day, Bcf/d, for a period of 20 years. The Department granted the first authorization to export LNG to non-FTA countries in May 2011 for the Sabine Pass LNG Terminal in Cameron Parish, Louisiana at a rate of up to 2.2 Bcf/d. Reference Link
May 16, 2013
16:22 EDTCNXCONSOL Energy receives approval to resume full production at Blacksville No. 2
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12:33 EDTCHKChesapeake volatility at 29-month lows
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12:30 EDTAEPTexas PUC approves ETT application for transmission line
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10:03 EDTCHKOn The Fly: Analyst Downgrade Summary
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