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Stock Market & Financial Investment News

News For NS;COP From The Last 14 Days
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May 27, 2015
10:14 EDTCOPAnalyst says China trend good for oil equities
China's demand for oil has been stronger than expected and the trend should be positive for oil companies' stocks, research firm Bernstein wrote in a note to investors today. WHAT'S NEW: Chinese oil imports reached a record high in April, rising 9% versus the same period a year earlier, Bernstein analyst Neil Beveridge reported. The imports have exceeded expectations and have been boosted by high gasoline demand, according to the analyst. The high gasoline demand in China, in turn, has been driven by a 50% year-over-year increase in the sales of SUVs, according to Beveridge. Analysts will respond to this trend by increasing their global oil demand estimates, he predicted. Oil prices are likely to rise in the near-term, providing a tailwind for oil equities, according to Beveridge, who identified InterOil (IOC) and China's CNOOC (CEO) as two of his favorite names in the Asian region. Other publicly traded companies in the oil space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). WHAT'S NOTABLE: Jaguar Land Rover, owned by India's Tata Motors (TTM), is launching its Range Rover Evoque SUV in China this fiscal year, but is having trouble ramping up production of the vehicle, Forbes reported last week. PRICE ACTION: in early trading, CNOOC was flat at $162.50 and InterOil slipped fractionally to $46.58.
May 25, 2015
13:23 EDTCOPCenovus Energy pauses operations at Foster Creek, Athabasca due to forest fire
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May 21, 2015
07:25 EDTCOPUBS to hold a conference
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May 20, 2015
07:26 EDTCOPUBS to hold a conference
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May 19, 2015
14:54 EDTNSNuStar Energy, CHS pursue alliance to expand pipeline, terminal infrastructure
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May 18, 2015
06:06 EDTCOPConocoPhillips sees holding CapEx flat for next three years, Reuters reports
ConocoPhillips CEO Ryan Lance told Reuters in an interview that the energy company is planning to hold its capital expenditure level over the next three years. The company cut its 2015 capital budget to $11.5B in January due to the oil price drop, but now sees maintaining the CapEx view for three years despite a slight recovery in oil prices. Reference Link
May 15, 2015
16:34 EDTNSNuStar Energy files $500M of common units representing limited partner interests
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09:01 EDTCOPErin Energy receives government approval for license extension in The Gambia
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06:44 EDTCOPEnvironmentalists file lawsuit over oil train safety rules, NY Times says
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May 14, 2015
07:51 EDTCOPConocoPhillips management to meet with Deutsche Bank
Meeting to be held in Toronto on May 14 hosted by Deutsche Bank.
May 13, 2015
10:43 EDTCOPConocoPhillips repeats FY15 2%-3% production growth view
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07:45 EDTCOPConocoPhillips management to meet with Deutsche Bank
Meetings to be held in Montreal/Toronto on May 13 hosted by
05:54 EDTCOPStocks with implied volatility movement; SDS COP
Stocks with implied volatility movement; UltraShort S&P500 ProShares (SDS) 27, ConocoPhillips (COP) 25 according to iVolatility.

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