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Stock Market & Financial Investment News

News Breaks
November 8, 2012
10:00 EDTWLL, STOStatoil denies speculation about bidding on Whiting Petroleum, Bloomberg says
Bloomberg cites Statoil (STO) spokesperson.
News For STO;WLL From The Last 14 Days
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August 27, 2015
07:57 EDTSTOPlatts to hold a conference
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August 24, 2015
07:19 EDTWLLWhiting Petroleum downgraded to Neutral from Buy at BofA/Merrill
BofA/Merrill downgraded Continental Resources to Neutral and lowered its price target to $27 from $38. The firm downgraded shares based on potential extended commodity weakness and the impact on investment.
August 18, 2015
08:12 EDTSTOGlobal Big Oil sector upgraded at Citi
Citi analysts Alastair Syme and Michael Alsford upgraded their rating on the Global Big Oil space and now recommend investors position "at least a benchmark-weight" in the group. The analysts, who had been multi-year cautious on the space, prefer Total (TOT), ConocoPhillips (COP) and Statoil (STO), which they call "self-helpers." The sector price-to-book ratio of 1.2 times is now below the Q1 of 2009 and Q4 of 1998 troughs, Syme and Alsford write. Cost-cutting and better capital allocation are key to restoring the industry's profitability, they believe.
August 17, 2015
07:46 EDTWLLEnerCom to hold a conference
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August 14, 2015
08:35 EDTWLLHayman takes Mylan, Perrigo stakes, boasts exposure to energy
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