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Stock Market & Financial Investment News

News Breaks
June 19, 2014
06:30 EDTNBL, DKCNOOC in talks to acquire buy 30%-40% of Aphrodite field, Globes says
China Naitonal Offshore Oil Corp., or CNOOC is in talks to acquire 30%-40% of the Aphrodite gas field in Cyprus, reports Globes, citing unnamed sources. Noble Energy (NBL) owns 70% of the field and Delek's (DK) Avner Oil and Gas and Delek Drilling Limited Partnership own 15% each. The field has an estimated 4.1T cubic feet of natural gas. Reference Link
News For DK;NBL From The Last 14 Days
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March 25, 2015
09:29 EDTDKRefining stocks can outperform commodities within cycle, says Cowen
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09:19 EDTDKRefining sector price targets raised at Morgan Stanley
Morgan Stanley believes the market is underestimating US downstream earnings power. The firm expects US refining to re-rate, driven by relative valuations, secular tailwinds, and focus on shareholder returns. Morgan Stanley raised price targets on Valero (VLO) to $90 from $70, Tesoro (TSO) to $120 from $92, Phillips 66 (PSX) to $105 from $95, Western Refining (WNR) to $63 from $52, Delek US (DK) to $48 from $45, Marathon Petroleum (MPC) to $145 from $120, and PBF Energy (PBF) to $45 from $35.
March 24, 2015
14:28 EDTNBLTamar owners to sign natural gas supply deals, Globes says
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March 23, 2015
08:20 EDTDKDelek completes Tyler turnaround, gives details on two pipeline projects
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08:05 EDTDKPlains All American enters JV with Delek Logistics to build Caddo Pipeline
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March 20, 2015
16:33 EDTDKRangeland Energy announces long-term agreement with Delek US subsidiary
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March 18, 2015
13:13 EDTNBLAnalyst recommends buying top E&P names before crude finds its bottom
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07:21 EDTNBLE&P stocks should be bought on weakness, says Stifel
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06:51 EDTNBLTamar partners sign deal with Egyptian company, Globes says
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