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Stock Market & Financial Investment News

News Breaks
March 28, 2013
11:21 EDTDNR, COPDenbury Resources sees Rocky Mountain acquisition adding 7,700 BOE/d in 2013
Denbury Resources (DNR) announced the closing of its acquisition of producing property interests in the Cedar Creek Anticline of Montana and North Dakota from a wholly-owned subsidiary of ConocoPhillips (COP) for cash consideration of $1.05B before purchase price adjustments. Denbury estimates the acquired properties will contribute approximately 7,700 barrels of oil equivalent per day BOE/d to its full-year 2013 average daily production, which reflects estimated average daily production of about 10,200 BOE/d for the remainder of the year. Approximately 99% of this production is estimated to be oil and natural gas liquids. With closing occurring as scheduled, the company's full-year 2013 annual production estimates remain unchanged at 68,700-71,700 BOE/d.
News For DNR;COP From The Last 14 Days
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October 16, 2014
13:54 EDTCOPGulf states to oppose OPEC oil production ceiling cut, WSJ says
Despite the recent turmoil in the oil market, Gulf nations including Saudi Arabia, Kuwait and the United Arab Emirates are seen as opposing OPEC oil-production ceiling cuts at next month's meeting, says the Wall Street Journal. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link
October 15, 2014
07:44 EDTCOPExxon, Shell behind rivals in lowering greenhouse gas emissions, WSJ reports
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October 13, 2014
06:36 EDTCOPSaudi Arabia content to let oil prices stay low, Reuters reports
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October 12, 2014
13:53 EDTCOPKuwaiti Minister says OPEC unlikely to cut production, WSJ says
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13:45 EDTCOPSaudis take aggressive oil measures in Europe, WSJ says
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