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Stock Market & Financial Investment News

News Breaks
August 12, 2014
07:28 EDTCXOConcho Resources upgraded to Buy from Accumulate at KLR Group
KLR Group upgraded Concho Resources to Buy citing expectations for higher capital spending. The firm raised its price target for shares to $185 from $176.
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July 1, 2015
18:20 EDTCXOShell 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
June 29, 2015
08:25 EDTCXOConcho Resources NGL concerns overblown, says BMO Capital
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June 23, 2015
07:34 EDTCXOGlobal Hunter Securities to hold a conference
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