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Stock Market & Financial Investment News

News Breaks
January 3, 2014
07:23 EDTWLL, HES, CLRNew safety rules expected for transport of Bakken crude, Bloomberg reports
Safety rules will probably be tightened on crude oil shipments from North Dakota following a string of railway explosions, threatening to damp an energy boom (CLR, HES, WLL) that has boosted the regionís economy, reports Bloomberg.Reference Link
News For CLR;HES;WLL From The Last 14 Days
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July 1, 2015
18:20 EDTCLR, WLLShell CEO says Opec production has pressured shale companies, FT reports
In an interview with the Financial Times, Shell (RDS.A, RDS.B) CEO Ben van Beurden said Opec's decision not to cut production has sent a "powerful signal... to shale oil companies as well as their financiers that they cannot forget the price risk. The industry will remember it for some time." The CEO noted that industry efforts to boost efficiency and cut costs should keep production going for "a while to come... until the sweet spots start running out." Publicly traded companies in the space include Chevron (CVX), Anadarko Petroleum (APC), Exxon Mobil (XOM), BP (BP), Marathon Oil (MRO), BHP Billiton (BHP), ConocoPhillips (COP), Pioneer Natural Resources (PXD), EOG Resources (EOG), Concho (CXO), Whiting Petroleum (WLL), and Continental Resources (CLR). Reference Link
June 23, 2015
07:34 EDTWLLGlobal Hunter Securities to hold a conference
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June 17, 2015
10:00 EDTWLLOn The Fly: Analyst Upgrade Summary
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06:42 EDTWLLWhiting Petroleum upgraded to Buy from Neutral at Citi
Citi upgraded Whiting Petroleum to Buy and raised its price target for shares to $46 from $35. The firm is positive on shares given the recent capital raises and positive momentum with slickwater fracs.

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