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Stock Market & Financial Investment News

News Breaks
September 21, 2012
09:45 EDTCAM, CAM, PES, PES, PACD, PACD, KEG, KEG, HERO, HERO, FET, FET, BAS, BAS, BHI, BHI, NE, NE, HAL, HAL, EXH, EXH, SLB, SLBDeutsche Bank hosts an analyst Energy/Industry conference call
Analysts will review the recent DB Energy Conference in a conference call on September 21 at 10 am.
News For CAM;EXH;HAL;NE;BHI;BAS;FET;HERO;KEG;PACD;PES;SLB From The Last 14 Days
Check below for free stories on CAM;EXH;HAL;NE;BHI;BAS;FET;HERO;KEG;PACD;PES;SLB the last two weeks.
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May 23, 2013
16:41 EDTSLBHelmerich & Payne to sell part of equity portfolio
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07:31 EDTHAL, BHISenate Energy & Natural Resources Committee to hold a forum
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May 22, 2013
07:30 EDTBHIUBS to host a conference
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May 21, 2013
07:36 EDTNE, HALUBS 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 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
May 20, 2013
19:32 EDTSLBSchlumberger CEO sells more than $4.67M of shares, Barron's says
Schlumberger CEO Paal Kibsgaard exercised options and sold more than 60,000 shares on May 16 for proceeds of more than $4.67M, leaving Kibsgaard with direct holdings of 40,000 shares, reports Barron's Inside Scoop. Reference Link
07:41 EDTBHI, CAM, SLB, NE, HALMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
07:03 EDTHEROHercules Offshore to divest majority of inland fleet for $45M
Hercules Offshore announced that it has entered into an agreement for the sale of eleven inland barge rigs, which includes three active rigs, eight cold stacked rigs, and related assets for cash proceeds of approximately $45M. Excluded from the Inland Asset Package are the Hercules 27, for which the company has a separate agreement to sell the rig to a third party for $5M, the Hercules 52, and the Hercules 9. The company will also retain existing working capital within the Inland segment. Closing will be staggered based on the expiration dates of existing contracts on the three active rigs and is subject to the completion of certain customary closing conditions. The initial closing will include ten of the rigs and is expected in late second quarter, at which time the company will receive $35M, and closing on the final rig is expected in early third quarter 2013, at which time the company will receive the remaining balance of $10M. The company expects to record a non-cash impairment charge of approximately $40Mas a result of the sale in the second quarter 2013.
May 19, 2013
13:00 EDTCAMEnergy 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 15, 2013
17:18 EDTHALBP Capital gives quarterly update on stakes
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16:42 EDTBASBasic Energy reports well servicing rig count unchanged at 425
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16:41 EDTBASBasic Energy cuts Q2 revenue view to 5%-7% sequential growth from 10%
11:48 EDTNEAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
07:33 EDTBHINational Association of Business Economics to hos a conference
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May 14, 2013
06:13 EDTNENoble awarded a four-year, $655M drilling contract by Statoil
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May 13, 2013
08:12 EDTHALDejour Energy readies for initial Kokopelli production
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May 10, 2013
13:04 EDTBHIBaker Hughes U.S. rig count up 5 to 1,769
U.S. rig count is up 5 rigs from last week at 1,769, with oil rigs up 9 at 1,412, gas rigs down 4 at 350, and miscellaneous rigs unchanged at 7. U.S. rig count is down 205 rigs from last year at 1,974, with oil rigs up 40, gas rigs down 248, and miscellaneous rigs up 3. The U.S. offshore rig count is 50, down 1 from last week, and up 5 year over year.

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