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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:18 EDTNBL, WOPEYNoble Energy Leviathan valuation to be hurt by Woodside move, says RBC Capital
After Woodside (WOPEY) terminated its agreement with Noble Energy (NBL) to purchase a stake in the development of the Leviathan discovery offshore Israel, RBC Capital thinks the decision will delay the development of an LNG solution for the field and lower its value. However, the firm believes that Noble can find alternatives to Woodside and thinks that Noble has enough capital to develop the domestic portion of Leviathan without Woodside. The firm keeps an $81 price target and Outperform rating on Woodside.
News For NBL;WOPEY From The Last 14 Days
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November 13, 2014
19:04 EDTNBLRose Rock-operated White Cliffs Pipeline expands capacity
White Cliffs Pipeline, owned by subsidiaries of Rose Rock (RRMS), Plains All American Pipeline,(PAA), Western Gas Partners (WES) and Noble Energy (NBL), plans to expand capacity on its existing system to facilitate increasing shipments of crude oil from the DJ Basin to the Cushing hub. Once the Expansion Project is fully operational, the capacity of the White Cliffs Pipeline will increase from 150K barrels/day to a maximum of approximately 215K barrels/day. The Expansion Project is expected to be complete by the end of 3Q15. Following completion, Rose Rock Midstream, L.P. will continue operating the White Cliffs Pipeline.
November 12, 2014
07:31 EDTNBLBofA/Merrill to hold a conference
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