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News Breaks
February 2, 2010
07:15 EDTRDS.A, RIG, BP, DRYS, CVX, PBR, XOMExxon, acting like a wildcatter, embraces risky exploration, WSJ reports
Exxon Mobil (XOM) is looking for oil in high-risk exploration area worldwide, and is being less selective than other big oil companies, reports the Wall Street Journal. Exxon is exploring in eight of the "hot," high-risk exploration regions around the world identified by Sanford C. Bernstein, and is looking for two more. But as of now the company has had little success and will soon need to make large discoveries to justify its increased spending. Reference Link
News For A;CVX From The Last 14 Days
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October 9, 2015
18:31 EDTAQuest Diagnostics introduces Dako's PD-L1 companion diagnostic for OPDIVO
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15:23 EDTADako announces FDA approval of new lung test for cancer patients
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October 8, 2015
08:46 EDTCVXExxon Mobil favored defensive position in integrated oil space, says Cowen
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October 6, 2015
16:01 EDTCVXOptions Update; October 6, 2015
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08:02 EDTCVXVisa, Chevron announce mobile payment partnership
Visa (V) and Chevron (CVX) U.S.A. announced they will launch a mobile payments program at more than 20 Chevron-branded stations, accepting any NFC payment service. The program, launching later this fall at select Chevron stations in San Francisco and Silicon Valley, will offer consumers a simple and more secure way to pay at the pump with a range of mobile payment services. Already, an estimated 80% of Chevron customers in the U.S. pay for gas at the pump using a credit or debit card.
07:23 EDTAAmerican Society of Human Genetics to hold annual meeting
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October 5, 2015
05:29 EDTADako announces FDA approval of new companion diagnostic assay
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October 2, 2015
15:57 EDTALabCorp to offer PD-L1 companion diagnostic
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15:43 EDTAQuest Diagnostics introduces Dako's PD-L1 companion diagnostic for KEYTRUDA
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15:25 EDTAAgilent's Dako confirms FDA approval of NSCLC diagnostic
Dako, an Agilent Technologies (A) company and a worldwide provider of cancer diagnostics, announced the FDA approval of a new companion diagnostic assay that can reveal whether a patient with advanced non-small cell lung cancer, or NSCLC, is likely to respond to a new form of treatment. The approval of PD-L1 IHC 22C3 pharmDx strengthens Dako's portfolio of companion diagnostics and the company's leadership position in developing and commercializing companion diagnostic products. Dako developed PD-L1 IHC 22C3 pharmDx in partnership with Merck (MRK), maker of the anti-PD-1 therapy Keytruda. The FDA approved PD-L1 IHC 22C3 pharmDx for use in the United States. Dako hopes to gain regulatory approval for the new diagnostic in Canada, Europe and other jurisdictions next year.
October 1, 2015
08:08 EDTCVXKosmos Energy says ended Q3 with roughly $1.9B of liquidity
Kosmos Energy (KOS) announced two developments that together strengthen the company's liquidity and better position Kosmos for continued success in a lower commodity price environment. In addition, the company provided an update on its exploration drilling program. Kosmos announced that the borrowing base under its reserves-based lending facility remains unchanged at $1.5B following its lenders' semi-annual redetermination process which concluded on September 30, 2015. Kosmos ended the third quarter with approximately $1.9B of liquidity and net debt of $500M as of September 30, 2015, which is flat with the second quarter of 2015. Kosmos' second exploration well offshore Mauritania, Marsouin-1, was spud on August 28, 2015, with results anticipated in the middle of the fourth quarter. Marsouin-1 is located in Block C8 approximately 60 kilometers north of the basin-opening Tortue-1 well in a water depth of approximately 2,400 meters. The well is designed to test a four-way trap with multiple stacked targets, including Lower Cenomanian, Albian, and Aptian formations. As operator of the well, Kosmos currently holds a 60% working interest with its partners Chevron Mauritania Exploration Limited, a wholly owned subsidiary of Chevron Corporation (CVX), and Societe Mauritanienne Des Hydrocarbures et de Patrimoine Minier holding 30% and 10%, respectively.
September 30, 2015
14:10 EDTCVXChevron amends bylaws to implement proxy access
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