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Stock Market & Financial Investment News

News Breaks
July 2, 2014
09:12 EDTUGI, TOTTotal in exclusive sales talks for Totalgaz with UGI Corporation
Total (TOT) announced that it has entered into exclusive negotiations with UGI Corporation (UGI), the parent company of Antargaz, after having received a firm offer from the U.S. company to acquire all outstanding shares of Totalgaz, the groupís liquefied petroleum gas distributor in France. The transaction under consideration is aligned with Totalís strategy of assertively managing its asset portfolio, the company said.
News For TOT;UGI From The Last 14 Days
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August 3, 2015
17:44 EDTUGIUGI Corporation says warm weather impacted Q3 results
The company said, "Weather was warmer than the prior year in the United States and France this quarter, which negatively impacted volumes. In our Gas Utility, while weather was 17% warmer than the prior year, our core throughput was down only three percent, reflecting the addition of nearly 14,000 new heating customers so far this year. Reduced volatility in capacity values resulted in lower margin in our Midstream and Marketing business, partially offset by higher margin from our natural gas and retail power marketing business. Adjusting for the effects of Totalgaz, UGI International total margin and unit margins increased despite weather that was warmer than normal. AmeriGas experienced weather that was 10% warmer than the prior year and wet weather later in the quarter that impacted barbecue cylinder exchange volumes."
17:43 EDTUGIUGI Corporation sees FY15 EPS at lower end of $2.00-$2.10 range
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17:42 EDTUGIUGI Corporation reports Q3 adjusted EPS 3c, may not compare to consensus 15c
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July 31, 2015
05:32 EDTTOTTotal to assume operatorship of PRL 15 in Gulf Province of Papua New Guinea
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July 29, 2015
13:04 EDTTOTSaudi Arabia to lower oil production after summer, WSJ reports
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06:47 EDTTOTTotal expects start-ups of Surmont Phase 2, GLNG, Laggan-Tormore to be in 2H15
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06:46 EDTTOTTotal expects to exceed 2015 objective to cut operating costs by $1.2B in 2015
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06:46 EDTTOTTotal reports Q2 adjusted EPS $1.34, consensus $1.15
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July 24, 2015
13:48 EDTTOTTotal looks to sell 50% of Texas refinery
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July 22, 2015
06:39 EDTTOTEuro, U.S. oil and gas groups to find tough competition in Iran, WSJ says
European and U.S. oil and gas firms drawn to Iran as sanctions lessen can expect not only opportunities, but also Iranian companies offering tough competition or joint ventures, the Wall Street Journal reports. Though no Iran-based companies have the clout of firms such as Exxon Mobil (XOM) or Schlumberger (SLB), companies that can take on engineering tasks are emerging and growing in Iran, the report says. If the Iran nuclear agreement comes into effect and sanctions are lifted against Iran sometime soon, those Iranian companies will be well positioned to compete for tens of billions of dollars worth of service contracts, the report adds. Other publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Royal Dutch Shell (RDS.A) and Total (TOT). Reference Link

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