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Stock Market & Financial Investment News

News Breaks
March 25, 2014
07:12 EDTCVX, XOMChevron to overtake Exxon in spending amid push for growth, FT says
With larger Exxon Mobil (XOM) aiming for stability and Chevron (CVX) targeting growth, Chevron will overtake Exxon in capital and exploration spending for the first time next year, reported Financial Times. Reference Link
News For CVX;XOM From The Last 14 Days
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November 24, 2014
10:00 EDTXOM, CVXOn The Fly: Analyst Downgrade Summary
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06:47 EDTXOMExxon Mobil downgraded to Market Perform from Outperform at Raymond James
Raymond James downgraded Exxon Mobil to Market Perform given limited leverage to potential improving oil prices.
06:47 EDTCVXChevron downgraded to Outperform from Strong Buy at Raymond James
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November 23, 2014
19:12 EDTXOM, CVXIran may suggest 1M barrel a day cut at OPEC meeting, Bloomberg says
According to media reports in Iran, the Iranian oil minister Bijan Namdar Zanganeh may speak with Saudi Arabia’s Oil Minister Ali Al-Naimi on the sidelines of the OPEC meeting in Vienna this week to propose that OPEC cut its output target by as much as 1 million barrels a day, says Bloomberg. 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
November 18, 2014
18:26 EDTCVX, XOMKeystone pipeline legislation voted down by U.S. Senate
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November 17, 2014
08:47 EDTCVXWilliams says Gulfstar One placed into service
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08:43 EDTCVXChevron confirms first oil production from Tubular Bells in Gulf of Mexico
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08:36 EDTCVXHess Corp. announces first production from Tubular Bells Field
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07:12 EDTXOMBloomberg / Mayer Brown to co-host a conference
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November 13, 2014
08:13 EDTCVXChevron abandons geothermal project in Sumatra, Jakarta Post says
A Chevron unit has handed over its working area in Lampung, Sumatra, to the local government, with a government official stating that company said its early survey failed to find steam at an economical level to continue its geothermal project, according to the Jakarta Post. Reference Link
November 11, 2014
07:47 EDTCVXJacobs Engineering receives contract from Chevron in South Africa
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November 10, 2014
15:43 EDTCVXAmerican Petroleum Institute to hold a conference
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07:18 EDTCVXChevron hasn't finished shale gas assessment in Romania, Reuters reports
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