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News For MRO;BP From The Last 14 Days Check below for free stories on MRO;BP the last two weeks. |
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| May 17, 2013 |
| 16:21 EDT |  | BP | On The Fly: Closing Wrap
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| 13:09 EDT |  | BP | Tesoro receives FTC clearance for purchase of BP refining, marketing business Tesoro (TSO) announced that the Federal Trade Commission has cleared the company's planned acquisition of BP's (BP) fully integrated Southern California Refining and Marketing business and that Tesoro intends to close the acquisition during Q2. The clearance from the FTC came without any impacts to the assets or operations in the transaction as announced in August of last year. The purchase price of BP's assets is $1.075B, plus the market value of inventory, currently estimated at $1.3B. This amount includes a $100M purchase price reduction for the clearance with regulatory authorities. |
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| May 16, 2013 |
| 14:46 EDT |  | BP | Tesoro may take over BP California assets as soon as June 1, Reuters says
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| 14:32 EDT |  | BP | Tesoro may take ownership of BP Carson refinery, other assets as soon as June 1
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| 07:11 EDT |  | BP | BP wants PM Cameron to discuss Gulf compensation with U.S., Reuters reports
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| 06:08 EDT |  | BP | On the Fly: Periodicals Wrap-Up
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| May 15, 2013 |
| 17:18 EDT |  | MRO | BP Capital gives quarterly update on stakes
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| 08:38 EDT |  | BP | WTI crude falls for a fith consecutive day, Bloomberg reports
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| 05:55 EDT |  | BP | EU inspects firms in oil investigation, WSJ reports EU antitrust authorities carried out unannounced inspections of energy giants BP (BP), Royal Dutch Shell (RDS.A) and Statoil (STO), escalating an investigation of alleged oil-price manipulation amid scrutiny of how prices are set in global financial markets, reports the Wall Street Journal. EU officials are investigating whether the three companies manipulated prices in the $2.5T physical-oil market by giving false data to an oil index publisher, the Platts unit of McGraw Hill Financial (MHFI). Platts's offices were also inspected.Reference Link |
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| May 14, 2013 |
| 11:08 EDT |  | BP | BP says involved in EC probe, cooperating with investigation, Bloomberg reports
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| 07:10 EDT |  | BP | IEA says North American oil will dominate world supply growth, WSJ reports
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| May 8, 2013 |
| 10:00 EDT |  | MRO | On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Ametek (AME) upgraded to Buy from Neutral at Citigroup... IAMGOLD (IAG) upgraded to Buy from Hold at Canaccord... Lowe's (LOW) upgraded to Buy from Neutral at ISI Group... lululemon (LULU) upgraded to Buy from Neutral at Sterne Agee... Myriad Genetics (MYGN) upgraded to Buy from Neutral at Mizuho... Orion Marine (ORN) upgraded to Outperform from Market Perform at FBR Capital... Trex Company (TREX) upgraded to Buy from Hold at BB&T... U.S. Auto Parts (PRTS) upgraded to Buy from Neutral at Roth Capital... Electronic Arts (EA) upgraded to Neutral from Sell at Monness Crespi... Electro Scientific (ESIO) upgraded to Buy from Hold at Noble Financial... Darling (DAR) upgraded to Buy from Hold at Maxim... J.C. Penney (JCP) upgraded to Hold from Sell at Maxim... Louisiana-Pacific (LPX) upgraded to Neutral from Underperform at DA Davidson... Grupo Televisa (TV) upgraded to Overweight from Equal Weight at Morgan Stanley... Marathon Oil (MRO) upgraded to Outperform from Neutral at Macquarie... Sibanye Gold (SBGL) upgraded to Overweight from Neutral at JPMorgan... Carrols Restaurant (TAST) upgraded to Strong Buy from Outperform at Raymond James. |
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| 07:34 EDT |  | MRO | Marathon Oil upgraded to Outperform from Neutral at Macquarie
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| May 7, 2013 |
| 17:29 EDT |  | MRO | Marathon Oil sees 2013 production up 7%-10% vs. prior view of up 6%-8%
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| 17:28 EDT |  | MRO | Marathon Oil reports Q1 adjusted EPS 51c, consensus 72c
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| 16:01 EDT |  | BP | Options Update; May 7, 2013
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| 15:34 EDT |  | MRO | Notable companies reporting after market close Notable companies reporting after the market close, with earnings consensus, include The Walt Disney Company (DIS), consensus 76c; Mondelez International (MDLZ), consensus 34c; Williams Companies (WMB), consensus 24c; McKesson (MCK), consensus $2.30; Marathon Oil (MRO), consensus 72c; Williams Partners (WPZ), consensus 50c; Symantec (SYMC), consensus 38c; Whole Foods Market(WFM), consensus 73c; CA Technologies (CA), consensus 55c; TripAdvisor (TRIP), consensus 46c; Electronic Arts (EA), consensus 58c. |
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| 10:00 EDT |  | MRO | On The Fly: Analyst Initiation Summary
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| 08:10 EDT |  | MRO | Marathon Oil initiated with a Buy at ISI Group
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| May 6, 2013 |
| 09:27 EDT |  | BP | BP announces asle of interest in Polvo field, Brazil for $135M BP announced that it has agreed to sell its 60% interest in the Polvo oil field in Brazil to HRT Oil & Gas Ltda for $135M in cash. Subject to regulatory approvals, BP expects the deal to close in the second half of 2013. The Polvo field is located in the southern part of Campos basin, approximately 100 kilometres off the coast of Rio de Janeiro, in water depths of around 100 metres. Commercial production started in 2007 and BP has operated the field since its acquisition from Devon. The other 40% stake in the field is owned by Maersk. |
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