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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:47 EDTKEG, VLO, NBL, MUR, MPO, OXY, HES, CXO, NE, KOGUBS 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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August 25, 2015
18:11 EDTNETranocean tanks after proposing dividend cancellations, peers follow
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August 24, 2015
16:48 EDTKEGKey Energy announces CEO succession plan
Key Energy Services announced that its board has approved a CEO succession plan and certain corporate governance changes. Under the succession plan, it is anticipated that Robert Drummond, Key's president and COO will assume the role of CEO no later than December 31, 2016, succeeding Dick Alario, who has informed the board of his intention to retire next year. As part of this transition, the board has split the positions of chairman of the board and CEO. The board has elected director Mark Rosenberg to the position of non-executive chairman effective immediately. Alario will continue as CEO and a member of the board. Key also announced that the board has established a Finance Committee. The Committee will assist the board, and provide a resource for management, in connection with the board's oversight of the company's short and long term financial activities.
09:45 EDTVLOOn The Fly: Analyst Downgrade Summary
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07:24 EDTVLOValero downgraded to Underperform from Neutral at BofA/Merrill
BofA/Merill downgraded Valero to Underperform and raised its price target to $68 from $64. The firm believes the Refining sector has reverted to a trading sector and downgrade shares ahead of a seasonal slow-down in demand and a deteriorating macro backdrop.
07:19 EDTNBLNoble Energy downgraded to Neutral from Buy at BofA/Merrill
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August 21, 2015
12:22 EDTOXYChanos say still short Exploration & Production space
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09:32 EDTNENoble Corp. upgraded to Buy from Accumulate at Global Hunter
Global Hunter upgraded Noble Corp to Buy and lowered its price target to $14 from $16. The firm believes Noble is well positioned to manage through a downturn with strong liquidity and a reasonable valuation.
August 20, 2015
06:50 EDTNBLNoble Energy volatility increases as WTI oil approaches $40
Noble Energy August call option implied volatility is at 45, September is at 41; compared to its 52-week range of 19 to 55 suggesting large price movement.
August 18, 2015
10:00 EDTHESOn The Fly: Analyst Upgrade Summary
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08:39 EDTHESHess Corp. upgraded to Buy from Hold at Argus
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August 16, 2015
19:12 EDTNBLIsraeli Cabinet approves natural gas development
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