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Stock Market & Financial Investment News

News Breaks
April 10, 2014
09:02 EDTYPF, CVXChevron, YPF continue development of Vaca Muerta Shale in Argentina
Chevron Corporation (CVX) confirmed that subsidiaries of the company have signed agreements with the Argentine oil company YPF S.A. (YPF) to continue development of shale oil and gas resources from the Vaca Muerta formation located in the Neuquén province in Argentina. The agreements build off the progress made with the drilling program begun in 2013 and call for continued investment toward large-scale drilling and production in the 96,000-acre Loma Campana concession. The agreements also call for exploration of shale oil and gas resources in the 49,400-acre Narambuena area located about 70 miles north of Loma Campana in the Chihuido de la Sierra Negra concession, one of the main producing areas in the Neuquén Basin of west-central Argentina.
News For CVX;YPF From The Last 14 Days
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April 21, 2015
12:59 EDTCVXExxon Mobil CEO sees continued pressure on oil prices, WSJ says
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07:22 EDTCVXOceaneering cut to sell following recent rally at Jefferies
Jefferies downgraded Oceaneering (OII) to Underperform from Hold citing the recent rally in shares and its lowered order outlooks across its subsea hardware coverage. Underperform is the firm's equivalent to a sell rating. It cut its price target for shares to $49 from $52. Oceaneering closed Monday's trading up 45c to $57.56. Jefferies calls Chevron (CVX) and Galp Energia its top stock picks in the integrated oil sector.
April 20, 2015
09:36 EDTCVXActive equity options trading on open
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06:06 EDTCVXChevron to face off against lawyer in appears court, WSJ reports
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April 17, 2015
08:29 EDTCVXU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
April 14, 2015
06:40 EDTCVXU.S. shale forecast, Yemen fighting lift oil prices, Reuters says
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April 12, 2015
16:49 EDTCVXIEA says Iran nuke deal to have limited impact on supply for years, Reuters says
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