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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:47 EDTHES, CXO, NE, KOG, KEG, VLO, NBL, MUR, MPO, OXYUBS to hold a conference
Oil & Gas Conference to be held in Austin, Texas on May 19-22 with webcasted company presentations to begin on May 21 at 8 am; not all company presentations may be webcasted.Webcast Link
News For KOG;OXY;NBL;NE;MPO;VLO;CXO;MUR;KEG;HES From The Last 14 Days
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July 2, 2015
10:00 EDTNBLOn The Fly: Analyst Downgrade Summary
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08:45 EDTNBLNoble Energy downgraded to Neutral from Overweight at Atlantic Equities
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 30, 2015
14:39 EDTNBLNoble Energy upgraded to Buy from Hold at Societe Generale
09:00 EDTNBLNoble Energy has multiple potential catalysts in 2H, says Wunderlich
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June 29, 2015
08:25 EDTCXOConcho Resources NGL concerns overblown, says BMO Capital
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07:18 EDTNBLNoble Energy working to resolve regulatory matters with Israeli government
Noble Energy said in a regulatory filing that it continues to work to resolve regulatory matters with the Israeli government, a key step to enable the sanction of certain future development projects in Israel. On June 25, the Israeli Security Cabinet unanimously adopted a decision that empowers the Government of Israel to exempt certain arrangements from the provisions of the Israeli Restrictive Trade Practices Law 1988. This decision was followed on June 28, with a decision by the government of Israel to assume the authority of the Minister of Economy to exercise the rights granted to him under the IRTPL to exempt certain arrangements from the provisions of the IRTPL. It is expected that the Israeli government will publish for a public hearing a comprehensive framework that will address and clarify many of the outstanding regulatory issues facing the Company and its partners in developing their offshore assets. As stated above, the publication of the Framework is only an initial stage and a final decision is subject to the outcome of the public hearing and any legal challenges that may be brought against the decision in the Israeli courts. Therefore, there can be no assurances as to when or if the decision will be finalized or as to the terms thereof if finalized.
June 25, 2015
12:34 EDTNBLNoble, Delek to maintain control of Leviathan gas field, Reuters says
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10:00 EDTMUROn The Fly: Analyst Downgrade Summary
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06:01 EDTMURMurphy Oil downgraded to Sell from Neutral at UBS
UBS analyst William Featherston downgraded Murphy Oil to Sell citing the stock's premium valuation relative to peers and the company's declining production and below average inventory. The analyst cut his price target for shares to $41 from $45.
June 24, 2015
07:19 EDTNEU.K. panel to decide on first fracking in area since 2011, WSJ reports
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June 23, 2015
07:34 EDTNBL, CXOGlobal Hunter Securities to hold a conference
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June 22, 2015
17:04 EDTKEGKey Energy names Robert Drummond COO
Key Energy (KEG) Services announced that Robert Drummond has joined the company as president and COO, effective immediately. Drummond was formerly employed by Schlumberger (SLB) for 31 years, serving in various positions of increasing responsibility including management, business development and operations. He most recently served as president of Schlumberger Limited's North American business unit.

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