New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 16, 2012
13:21 EDTCOP, MUR, PSX, HESHess trades higher after Murphy Oil spin-off news
Hess (HES) is trading up almost 4% in mid-day trading after industry peer Murphy Oil (MUR) announced it will unlock value by spinning off its U.S. fuel making business into a new company. Conoco-Phillips (COP) implemented a similar strategy earlier this year when it spun-off its fuels, petrochemicals and pipeline businesses into Phillips 66 (PSX). Hess, another integrated oil company, operates in two segments: exploration and production, and marketing and refining, making it a potential candidate for a spin off. On September 11, "Mad Money " host Jim Cramer referenced Hess on his show, noting that Hess' exploration and production side of the business is seen as unfocused. At mid-day, Hess is trading up 2.00, or 3.78%, to $54.94.
News For HES;MUR;COP;PSX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
November 18, 2014
18:26 EDTCOPKeystone pipeline legislation voted down by U.S. Senate
Subscribe for More Information
10:03 EDTCOPConocoPhillips management to meet with ISI Group
Subscribe for More Information
09:56 EDTPSXOn The Fly: Analyst Initiation Summary
Subscribe for More Information
07:40 EDTMURMitsubishi UFJ to hold a conference
Subscribe for More Information
06:30 EDTPSXPhillips 66 coverage resumed with a Buy at Goldman
Subscribe for More Information
November 17, 2014
10:02 EDTPSXOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: CyrusOne (CONE) upgraded to Buy from Hold at Stifel... MGIC Investment (MTG) upgraded to Conviction Buy from Buy at Goldman... NuVasive (NUVA) upgraded to Outperform from Market Perform at Wells Fargo... Phillips 66 (PSX) upgraded to Outperform from Neutral at Credit Suisse... Pinnacle Foods (PF) upgraded to Buy from Hold at Deutsche Bank... Rayonier (RYN) upgraded to Outperform from Sector Perform at RBC Capital.. Thoratec (THOR) upgraded to Outperform from Market Perform at Wells Fargo... Volcano (VOLC) upgraded to Outperform from Neutral at Credit Suisse... Progressive Waste (BIN) upgraded to Neutral from Underperform at Macquarie... Clean Harbors (CLH) upgraded to Outperform from Neutral at Wedbush... McGraw Hill Financial (MHFI) upgraded to Buy from Hold at Benchmark Co... Chesapeake (CHK) upgraded to Outperform from Market Perform at Bernstein... American Science & Engineering (ASEI) upgraded to Fair Value from Sell at CRT Capital... Sony (SNE) upgraded to Overweight from Equal Weight at Morgan Stanley.
08:47 EDTHESWilliams says Gulfstar One placed into service
Subscribe for More Information
08:43 EDTHESChevron confirms first oil production from Tubular Bells in Gulf of Mexico
Subscribe for More Information
08:36 EDTHESHess Corp. announces first production from Tubular Bells Field
Subscribe for More Information
07:12 EDTPSXBloomberg / Mayer Brown to co-host a conference
Subscribe for More Information
05:48 EDTPSXPhillips 66 upgraded to Outperform from Neutral at Credit Suisse
Subscribe for More Information
November 14, 2014
18:05 EDTHESRelational Investors gives quarterly update on stakes
NEW STAKES: None. INCREASED STAKES: None. DECREASED STAKES: Mondelez (MDLZ), Manitowoc (MTW), Clean Harbors (CLH), and Hologic (HOLX). LIQUIDATED STAKES: Ingersoll-Rand (IR), B/E Aerospace (BEAV), Timken (TKR), Hess (HES), and NXP Semiconductors (NXPI).
17:07 EDTPSXSoros Fund Management gives quarterly update on stakes
Subscribe for More Information
16:39 EDTCOP, PSXBerkshire Hathaway gives quarterly update on stakes
Subscribe for More Information
November 13, 2014
10:24 EDTMURMurphy Oil management to meet with Oppenheimer
Subscribe for More Information
November 12, 2014
09:02 EDTCOPConocoPhillips announces start of gas production from KBB gas field
Subscribe for More Information
07:31 EDTCOP, HESBofA/Merrill to hold a conference
Subscribe for More Information
November 10, 2014
15:43 EDTPSX, COPAmerican Petroleum Institute to hold a conference
Subscribe for More Information
13:00 EDTHESHess Corp. increases five-year production growth rate forecast
Hess Corporation will review its growth strategy and provide a detailed update on its portfolio at an Investor Day in Houston. CEO John Hess, COO Greg Hill and other members of the leadership team will outline plans and targets that underpin the company’s strategy and commitment to deliver value to shareholders. The company is increasing its five-year production growth rate forecast to 6%-10% compounded annually from 2013 through 2018 between $90 and $100 Brent. With the success of its 2014 downspacing pilots confirmed, the company is increasing its Bakken net peak production guidance to approximately 175,000 barrels of oil equivalent per day by 2020; adding an additional 1,000 well locations to a total of more than 4,000; and increasing its net estimated ultimate recovery to more than 1.4 BBOE. Utica’s net peak production is forecast to reach approximately 40,000 BOEPD by 2020, with approximately 500 well locations and a net EUR of more than 300 MMBOE. This is the first time the company is providing guidance for this asset. Significant production growth and free cash generation are forecast from Hess’ offshore assets, particularly in the deepwater Gulf of Mexico with the Stampede field sanctioned in October for first oil in 2018 and production startup underway at Tubular Bells.
08:02 EDTCOPConocoPhillips announces second oil discovery offshore Senegal
Subscribe for More Information
1 | 2 | all recent news | >>

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

I agree to the theflyonthewall.com disclaimer & terms of use