New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 24, 2012
09:07 EDTCVX, EOGEOG Resources to sell Kitmat LNG facility stake to Chevron
EOG Resources (EOG) announced the signing of a purchase and sale agreement for its interest in the Kitimat LNG facility to Chevron (CVX) Canada Limited. The transaction, subject to approval by Canadia regulatory authorities, is expected to close by the end of the first quarter 2013. The agreement includes EOG Canada's 30% interest in the planned natural gas liquefaction and export facility on British Columbia's west coast and associated Pacific Trail Pipelines project, as well as approximately 28,500 undeveloped net acres in the Horn River Basin.
News For EOG;CVX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
May 6, 2015
13:53 EDTCVXLarge oil companies find profits in trading operations, WSJ says
Subscribe for More Information
May 4, 2015
16:35 EDTEOGEOG Resources expects FY15 CapEx down 40% vs. prior year
EOG's capital spending plan remains on schedule to achieve a 40% year-over-year decrease in 2015. As previously stated, the company has no interest in accelerating oil production at the bottom of the commodity cycle. EOG's primary goal for 2015 is to position the company to resume strong oil growth when oil prices improve. Therefore, the company chose to defer a significant number of well completions. By deferring completions until prices improve, EOG increases capital returns and builds an inventory of uncompleted wells to prepare for strong growth in a better price environment. If prices continue to improve, EOG will begin to increase well completions in the third quarter. This will produce a "U" shaped production profile in 2015. Second and third quarter production will be the low point for the year. Fourth quarter growth will build momentum heading into 2016. If oil prices recover and stabilize at the $65 level, EOG is prepared to resume strong double-digit oil growth in 2016 with balanced capital spending and discretionary cash flow.
16:34 EDTEOGEOG Resources reports Q1 adjusted EPS 3c, consensus 0c
Subscribe for More Information
15:01 EDTEOGNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include EOG Resources (EOG), consensus 0c... Anadarko Petroleum (APC), consensus (65c)... Vornado Realty (VNO), consensus $1.19... DaVita HealthCare (DVA), consensus 86c... Concho Resources (CXO), consensus 23c... Fidelity National Financial (FNF), consensus 32c... Cimarex Energy (XEC), consensus (37c)... UGI (UGI), consensus $1.18... Avis Budget (CAR), consensus 14c... Tenet Healthcare (THC), consensus 32c... AmeriGas (APU), consensus $2.51... Ingram Micro (IM), consensus 44c... XPO Logistics (XPO), consensus (22c)... Sunstone Hotel (SHO), consensus 19c... Post Properties (PPS), consensus 70c... Integrated Device Technology (IDTI), consensus 26c... Rosetta Resources (ROSE), consensus (8c)... InvenSense (INVN), consensus 12c... Stone Energy (SGY), consensus (19c).
13:04 EDTEOGOptions with increasing volume
Subscribe for More Information
12:53 EDTEOGContinental, Concho mentioned cautiously alongside Pioneer by Einhorn
Greenlight Capital's David Einhorn spoke cautiously about the economics for fracking companies while speaking at the Ira Sohn conference, focusing most of his time on Pioneer Natural (PXD). Slides for his presentation also named Concho Resources (CXO), EOG Resources (EOG), Continental Resources (CLR) and Whiting Petroleum (WLL) as in the same space.
May 1, 2015
16:19 EDTCVXOn The Fly: Top stock stories for Friday
Subscribe for More Information
12:45 EDTCVXOn The Fly: Top stock stories at midday
Subscribe for More Information
08:36 EDTCVXChevron reports Q1 cash flow from operations of $2.3B
Cash flow from operations in Q1 was $2.3B, compared with $8.4B in the corresponding 2014 period. Excluding working capital effects, cash flow from operations in Q1 was $4.3B, compared with $8B in 2014. Capital and exploratory expenditures in Q1 were $8.6B, compared with $9.4B in the corresponding 2014 period. The amounts included $730M in 2015 and $612M in 2014 for the company’s share of expenditures by affiliates, which did not require cash outlays by the company. Expenditures for upstream represented 95% of the companywide total in the first three months of 2015.
08:34 EDTCVXChevron CEO says on track for significant cash flow, production growth by 2017
“First quarter earnings declined from a year ago due to sharply lower oil prices, which reduced revenue and earnings in our upstream business. Downstream operations were strong, benefitting from lower feedstock costs and improved refinery reliability. We’re responding to the current price environment by capturing cost reductions, pacing new project approvals and further streamlining our portfolio as planned. We’re taking a number of deliberate actions to lower our cost structure, and I expect these efforts to increasingly show through in our financial results as the year progresses. Production increased over 3% in the period, and we are hitting major milestones on our development projects under construction, like Gorgon and Wheatstone in Australia. We remain on track to deliver significant cash flow and production growth by 2017,” said Chairman and CEO John Watson.
08:34 EDTCVXChevron reports Q1 production up over 3%
Subscribe for More Information
08:31 EDTCVXChevron reports Q1 EPS $1.37, consensus 79c
Subscribe for More Information
April 30, 2015
15:01 EDTCVXNotable companies reporting before tomorrow's open
Subscribe for More Information
April 27, 2015
08:44 EDTCVXChevron May weekly volatility elevated at 26 into Q1 and outlook
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use