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Stock Market & Financial Investment News

News Breaks
November 29, 2012
15:53 EDTBPAgreement to lift BP ban will be part of several step process, Reuters says
A government source said it was surprising to hear BP's (BP) suggestion that an agreement will be ready soon to lift the temporary ban imposed on BP obtaining new contracts with the U.S government, says Reuters. Reference Link
News For BP From The Last 14 Days
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September 18, 2014
16:00 EDTBPOptions Update; September 18, 2014
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September 17, 2014
07:40 EDTBPUBS to hold a conference
Houston Energy Bus-less Tour is being held in Houston on September 17-19 with webcasted company presentations to begin on September 17 at 8:30 am; not all company presentations may be webcasted. Webcast Link
07:39 EDTBPMorningstar to hold a conference
Management Behind the Moat Conference to be held in Chicago on September 17-18.
September 16, 2014
16:00 EDTBPOptions Update; September 16, 2014
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11:26 EDTBPBP to reduce personnel in Alaska operations after stake sales, Reuters says
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10:47 EDTBPBadri sees OPEC lowering oil output target at next meeting, Reuters says
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05:46 EDTBPStocks with implied volatility movement; BP PG
Stocks with implied volatility movement; BP (BP) 18, Procter & Gamble (PG) 12 according to iVolatility.
September 15, 2014
20:02 EDTBPConocoPhillips auctioning 24% stake in the Clair oilfield, FT reports
ConocoPhillips (COP) has hired banks to sell its 24% stake in UK's largest oilfield, The Financial Times reports, citing people familiar with the matter. The 24% stake could be valued between $2B-$3B, the people added. The Clair oilfield sits in Scottish territorial waters, and Conoco's interest in exiting the project is a sign of the challenges facing the North Sea oil industry, The Financial Times added. BP (BP) operates the Clair oilfield and owns a 28.6% stake, Royal Dutch Shell (RDS.A) controls a 28.6% stake, and Chevron (CVX) controls a 19% stake. Reference Link
September 12, 2014
10:51 EDTBPBP signs 17-year LNG deal with Tokyo Electric
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September 10, 2014
17:04 EDTBPOceaneering's contract with BP Angla extended
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08:22 EDTBPBofA/Merrill oil and gas analysts hold an analyst/industry conference call
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07:39 EDTBPBP says North Sea prospects best served by maintaining integrity of U.K.
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September 9, 2014
07:47 EDTBPBP weakness overdone, says Oppenheimer
After BP (BP) was found 67% culpable and grossly negligent for the Gulf oil spill, Oppenheimer thinks the case could drag on for years, while the company may have to pay less than the maximum possible Clean Water Act fine of $17.6B. Additionally, the firm says that the company could make the payment over an extended period. Oppenheimer reduced its price target on the name to $55 from $60 but keeps an Outperform rating on the shares.
September 8, 2014
07:26 EDTBPHigher potential damages could pressure BP to settle, WSJ reports
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06:52 EDTBPUK urges U.S. Supreme Court to examine BP Gulf spill decisions, Reuters says
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06:00 EDTBPStocks with implied volatility movement; BP XLP
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