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Stock Market & Financial Investment News

News Breaks
May 27, 2014
08:46 EDTXOM, LINELINN Energy swap less accretive than expected, says Oppenheimer
After Linn Energy (LINE) announced an asset swap with Exxon Mobil (XOM), Oppenheimer says that the accretion for Linn from the deal is only about half of what the firm was expecting. The firm thinks the deal does little to reduce Linnís leverage, and it keeps an Underperform rating on the shares.
News For LINE;XOM From The Last 14 Days
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April 22, 2015
06:10 EDTXOMBP CEO says has no appetite for megamerger, FT reports
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April 21, 2015
12:59 EDTXOMExxon Mobil CEO sees continued pressure on oil prices, WSJ says
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April 20, 2015
08:32 EDTXOMBofA/Merrill European strategists hold an analyst/industry conference call
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April 17, 2015
14:40 EDTXOMAnadarko weighs sale of Mozambique gas assets to Exxon, Reuters reports
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08:29 EDTXOMU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
April 14, 2015
06:40 EDTXOMU.S. shale forecast, Yemen fighting lift oil prices, Reuters says
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