New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 20, 2012
07:36 EDTBP, APU, UGIUGI subsidiary to acquire LPG distribution business from BP in Poland
UGI Corporation (UGI) announced that its subsidiary, Flaga, has reached a definitive agreement to acquire the liquefied petroleum gas, or LPG, distribution business of BP (BP) in Poland. BP's Polish LPG business distributed over 150 million gallons of LPG in 2011 and serves the residential, commercial, autogas, and wholesale segments. Terms of the transaction were not disclosed. UGI is a distributor and marketer of energy products and services. Through subsidiaries, UGI operates natural gas and electric utilities in Pennsylvania, distributes propane both domestically and internationally, manages midstream energy and electric generation assets in Pennsylvania, and engages in energy marketing in the Mid-Atlantic region. UGI, through subsidiaries, is the sole General Partner and owns 26% of AmeriGas Partners (APU), the nation's largest retail propane distributor.
News For BP;UGI;APU From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
January 27, 2015
13:08 EDTBPUBS says oil price recovery may take five years, WSJ reports
Subscribe for More Information
12:08 EDTBPObama to propose opening up Atlantic to offshore drilling, NYT reports
Subscribe for More Information
06:51 EDTBPU.S. to propose lifting oil drilling ban off Atlantic coast, NY Times says
The Obama administration will announce later today that it will propose allowing companies to drill for oil and gas off the Atlantic coast from Virginia to Georgia, according to The New York Times, which cited an unnamed source. However, the administration will also ban drilling in some regions of Alaska, the newspaper added. Publicly traded oil companies include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
January 26, 2015
18:57 EDTBPDeath of Saudi royal unlikely to alter oil policy or price, WSJ reports
With the passing of King Abduallah in Saudi Arabia, and his successor, King Salman saying that the Kingdom's oil policy will continue as is, it is unlikely for the price of oil to rebound in the near term, contrary to what Secretary Abdalla El Badri said recently, the Wall Street Journal reports. Carl Larry, an analyst with research consultancy Oil Outlooks & Opinions, was quoted saying "people are starting to take anything coming out of OPEC with a big grain of salt,". Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
16:01 EDTBPOptions Update; January 26, 2015
iPath S&P 500 VIX Short-Term Futures down 1.47 to 30.63. Option volume leaders: AAPL TSLA TWTR AMZN FB NFLX X MSFT BP GILD according to Track Data.
13:31 EDTBPBP to freeze base pay for staff in cost savings plan, WSJ reports
BP CEO Bob Dudley told employees in an internal memo that the company would freeze 2015 base pay as part of a larger plan in cost savings with the continued drop in oil prices affecting the corporation, the Wall Street Journal reports. Reference Link
13:16 EDTBPOPEC chief says oil prices could rebound soon, Financial Times reports
Subscribe for More Information
10:00 EDTAPUOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
06:40 EDTBPOil drops after new Saudi king retains oil minister, Reuters reports
Oil prices dropped today after Saudi Arabia's new king, Salman, reappointed the country's longtime oil minister, Ali al-Naimi, according to Reuters. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
05:39 EDTAPUAmeriGas downgraded to Hold from Buy at Jefferies
Subscribe for More Information
January 23, 2015
09:41 EDTBPPrince Alwaleed says oil price will never reach $100 again
Saudi Prince Alwaleed is speaking on CNBC. Large oil names include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT).
07:20 EDTBPBass says 'want to be long oil companies, but don't want to buy them yet'
Oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Kyle Bass of Hayman Capital continues speaking on CNBC.
06:34 EDTBPAnalysts: King's death unlikely to change Saudi oil strategy, NY Times says
The death of Saudi Arabia's King Abdullah earlier today probably will not result in a change in the country's strategy as far as oil production is concerned, analysts said, according to The New York Times. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
January 21, 2015
13:43 EDTBPOPEC El-Badri says oil will bounce back, not drop to $20, Bloomberg reports
Subscribe for More Information
05:48 EDTBPStocks with implied volatility movement; IWM BP
Subscribe for More Information
January 20, 2015
17:56 EDTBPBP judge may allow installment payments on penalty, WSJ says
Subscribe for More Information
January 19, 2015
06:47 EDTBPJPMorgan says oil may drop below $40/barrel in near-term
Subscribe for More Information
January 18, 2015
18:32 EDTBPBP will cite crude price decline in Gulf spill fine determination, WSJ says
BP, which is facing up to $13.7B in federal fines, is set to go to trial on January 20 in federal court in New Orleans to determine the amount it must pay the U.S. government for each barrel of crude that spilled into the Gulf during the 2010 Deepwater Horizon disaster, says the Wall Street Journal. BP's lawyers plan to use the recent plunge in oil prices in their arguments before the court and will likely cite a weakened BP Exploration & Production, the subsidiary that is charged with the spill violations, added the Wall Street Journal. Reference Link
18:11 EDTBPAnadarko faces pollution penalty in Deepwater Horizon disaster, WSJ says
Subscribe for More Information
14:22 EDTBPSchlumberger boss says oil price to challenge land producers, WSJ says
Paal Kibsgaard, CEO of Schlumberger, said U.S. energy producers are not done with work force reductions and that because of high costs, producers that focus on shale fields are worse off than rivals, says the Wall Street Journal. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A), Total (TOT), Schlumberger (SLB) and Baker Hughes (BHI). Reference Link
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use