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Stock Market & Financial Investment News

News Breaks
June 24, 2014
07:22 EDTCVXChevron price target raised to $137-$149 from $133-$140 at Wells Fargo
Wells Fargo increased its price target on Chevron based on the implications of the conflict in Iraq and the firm's belief that oil prices are more likely to be higher than lower from 2015-2017. The firm thinks that large oil companies now have a greater chance of reporting higher than expected earnings and cash flows. The firm keeps an Outperform rating on Chevron.
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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