New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 15, 2012
06:02 EDTCVI, BP, TSO, RDS.A, XOM, CVXU.S. oil production surges but consumers paying more, WSJ reports
Soaring U.S. oil production is pushing down domestic benchmark crude prices and delivering a windfall to some refiners and their investors. But it's not helping consumers at the pump, reports the Wall Street Journal. U.S. crude production is expected to rise 12% this year and 8% in 2013, when it will hit the highest level since 1993, according to government figures. The price of West Texas crude, the U.S. benchmark, has fallen 7% this year, held down by rising supplies from new drilling methods. Still, gasoline prices currently average nearly $4 per gallon nationwide. Reference Link
News For A;BP;XOM;TSO;CVI 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 | >>
July 2, 2015
09:11 EDTBPBP chairman says Deepwater settlement resolves largest remaining legal exposures
BP chairman Carl-Henric Svanberg said: "Five years ago we committed to restore the Gulf economy and environment and we have worked ever since to deliver on that promise. We have made significant progress, and with this agreement we provide a path to closure for BP and the Gulf. It resolves the company's largest remaining legal exposures, provides clarity on costs and creates certainty of payment for all parties involved. In deciding to follow this path, the Board has balanced the risks, timing and consequences associated with many years of litigation against its wish for the company to be able to set a clear course for the future. The Board therefore believes that this agreement is in the best long-term interest of BP and its shareholders. The Board set out its position on the dividend at the first quarter and this remains unchanged by the agreement."
09:06 EDTBPBP to settle U.S. federal, state Deepwater Horizon claims for up to $18.7B
Subscribe for More Information
08:55 EDTBPBP reaches settlement deal over GOM spill, Bloomberg says
Subscribe for More Information
08:03 EDTBPBP said to settle Macondo spill claims with states, U.S., Bloomberg reports
Subscribe for More Information
July 1, 2015
18:20 EDTXOM, BPShell 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
05:53 EDTTSOStocks with implied volatility movement; TSO FEYE
Subscribe for More Information
June 29, 2015
10:14 EDTBPBP, Anadarko penalty appeals rejected by Supreme Court, Reuters reports
Subscribe for More Information
09:36 EDTBPBP, Anadarko appeals on penalties rejected by Supreme Court, Reuters reports
The companies were rejected on appeals to avoid clean water act penalties related to the Deepwater Horizon spill, Reuters said.
09:35 EDTBPActive equity options trading on open
Subscribe for More Information
June 26, 2015
17:51 EDTTSOFinal decision on Tesoro $210M railport project delayed until 2016, Reuters says
Subscribe for More Information
16:00 EDTXOMOptions Update; June 26, 2015
Subscribe for More Information
14:35 EDTXOM, BPImperial Oil and partners Exxon Mobil, BP delay Arctic drilling, CBC News says
Imperial Oil (IMO) as well as its joint venture partners Exxon Mobil (XOM) and BP (BP) have postponed plans for exploratory drilling in the Beaufort Sea, says CBC News Reference Link
13:48 EDTBPLone Star Value calls on Penn Virginia to launch strategic alternatives review
Subscribe for More Information
June 25, 2015
14:29 EDTBPPenn Virginia says did not issue press release earlier, no comment on rumors
Subscribe for More Information
13:08 EDTXOM, BPPenn Virginia higher after blog speculates on another deal
Subscribe for More Information
12:07 EDTXOM, BPBP said to make $8/share bid for Penn Virginia, Proactive Investors blog says
BP (BP) has made a $8 per share takeover bid for Penn Virginia (PVA), but the latter rejected the bid and is "holding out" for at least $10 per share, UK investor blog Proactive Investors claimed, citing people familiar with the matter. ExxonMobil (XOM) and Chevron (CVX) may also be interested in buying Penn Virginia, according to Proactive, which identifies itself as a "leading multi-media news organisation, investor portal and events management business." Penn Virginia shares are up 7% in midday trading following the report from the blog, which was previously credited for a report on alleged takeover advances made toward drugmaker Receptos (RCPT). Reference Link
11:58 EDTBPBP said to bid to buy Penn Virginia, Proactive Investors says
Subscribe for More Information
June 24, 2015
18:16 EDTXOMGoogle, GE, Airbus lead in sheer number of meetings with EU officials
Subscribe for More Information
08:40 EDTXOMExxon closes oil production off Santa Barbara after pipe burst, L.A. Times says
Subscribe for More Information
07:19 EDTXOM, BPU.K. panel to decide on first fracking in area since 2011, WSJ reports
Subscribe for More Information
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