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Stock Market & Financial Investment News

News Breaks
January 22, 2013
10:25 EDTCVXChevron signs agreement for exploration areas offshore Morocco
Chevron Corporation announced that its subsidiary, Chevron Morocco Exploration Ltd, signed petroleum agreements with Morocco’s Office National Des Hydrocarbures Et Des Mines for three offshore areas. Once awarded, Chevron will acquire seismic data and conduct studies in deepwater areas known as Cap Rhir Deep, Cap Cantin Deep and Cap Walidia Deep located between 60 and 120 miles west and northwest of Agadir, Morocco. The areas encompass approximately 11,300 square miles with average water depths ranging from between 330 feet to 14,700 feet. Chevron Morocco Exploration Ltd has a 75% working interest in the three areas, with the Office National Des Hydrocarbures Et Des Mines holding the remaining 25%.
News For CVX From The Last 14 Days
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April 27, 2015
08:44 EDTCVXChevron May weekly volatility elevated at 26 into Q1 and outlook
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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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