All Posts Tagged With: "COP"
(ABT) Earnings Season in Full Swing – Earnings Preview
Earnings Preview 1/20/12 Earnings season will be in full swing this week. 422 firms are scheduled to report, and 117 of those will be members of the S&P 500. By the end of the week we should have a very good handle on just how weak or strong this earnings season will be. The...
24Jan2012 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil Supplies Rise Sharply
The U.S. Energy Department’s weekly inventory release showed an unexpected increase in crude inventories on the back of soaring imports and dwindling product demand, while gasoline supplies rose for the second straight week. The agency’s report further revealed that distillate...
13Jan2012 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for January 9, 2012 – Market News
The fact that the US unemployment rate has dropped to its lowest level since February 2009 failed to spark a rally on Friday. European concerns weighed on sentiment to drag the benchmarks marginally lower. However, the first week of 2012 ended on a positive note amidst a slew...
9Jan2012 | vitalstocks | 0 comments | Continued(XOM) Crude Oil Stocks Rise Unexpectedly
The U.S. Energy Department’s weekly inventory release showed an unexpected increase in crude inventories on the back of higher imports, while gasoline supplies fell for the second straight week. The agency’s report further revealed that distillate stocks posted a surprise...
3Jan2012 | vitalstocks | 0 comments | Continued(COP) Company News for December 28, 2011 – Corporate Summary
• Share prices of oil and gas company Endeavour International Corp (NYSE:END) increased 24.06% after the company agreed to purchase a stake in three oil fields from ConocoPhillips’ (NYSE:COP) for $330 million • Retailer Sears Holdings Corp.’s (NASDAQ:SHLD)...
29Dec2011 | vitalstocks | 0 comments | Continued(SNP) China Petroleum and Chemical Boosts Aussie LNG Stake
China Petroleum and Chemical Corporation (SNP), aka Sinopec has agreed to increase its stake in the Queensland-based Australia Pacific liquefied natural gas (LNG) project by 10%, taking its share to 25%. The multibillion Australia Pacific LNG project – formed by Origin Energy...
14Dec2011 | vitalstocks | 0 comments | Continued(EU) Stock Market News for December 13, 2011 – Market News
Markets reversed gears on Monday and receded into negative territory after the European accord concluded on last Friday faced criticism from Fitch Ratings and Moody’s Investors Service. Tech-giant Intel also contributed to weak investor confidence after the company projected...
13Dec2011 | vitalstocks | 0 comments | Continued(XOM) Crude Oil – Fuel Inventories Move Up
The U.S. Energy Department’s weekly inventory release showed an unexpected increase in crude inventories on the back of higher imports, while gasoline supplies rose for the fourth straight week. The agency’s report further revealed that distillate stocks posted a higher-than-expected...
9Dec2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil – Fuel Supplies Rise
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles increased more than expected on higher imports, while gasoline supplies rose for the third straight week. The agency’s report further revealed that distillate stocks posted a surprise build,...
2Dec2011 | vitalstocks | 0 comments | Continued(CHK) Climate Change: At What Price Growth?
South Africa is playing host to the climate conference, which opens today in the city of Durban. Climate change conferences focus on reducing global temperatures, which appear to accelerate global warming. The Kyoto Protocol (1997), the game-changer in climate negotiations had...
28Nov2011 | vitalstocks | 0 comments | Continued(XOM) Crude Oil and Distillate Stocks Tumble
The U.S. Energy Department’s weekly inventory release showed an unexpected decrease in crude inventories, currently at their lowest level in almost two years, while gasoline supplies rose for the second straight week. The agency’s report further revealed that distillate...
26Nov2011 | vitalstocks | 0 comments | Continued(CHK) Shale Gas Development Pushed as Cleaner and Cheaper
The Obama Administration has set its eyes on developing domestic shale gas (natural gas trapped within dense rock formations) from sources such as the vast Marcellus Shale, which stretches from New York to Virginia. Besides being significantly cheaper than crude oil, reliance...
24Nov2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Petroleum and Distillate Stocks Shrink
The U.S. Energy Department’s weekly inventory release showed that crude inventories moved down, while gasoline stocks added to their supplies. The agency’s report further revealed that distillate stockpiles declined for the seventh-straight week. Meanwhile, refiners improved...
20Nov2011 | vitalstocks | 0 comments | Continued(COP) ConocoPhillips Beats The Street – Volume Falls
ConocoPhillips (COP) reported third-quarter 2011 adjusted earnings of $2.52 per share, comfortably beating the Zacks Consensus Estimate of $2.16. The earnings were also better than the year-earlier profit of $1.50. The outperformance was mainly on the back of higher price realizations...
26Oct2011 | vitalstocks | 0 comments | Continued(AMZN) All Eyes Are on Europe and U.S. Market Earnings
All eyes are on Europe today, where leaders are expected to announce the much-delayed plan to tackle the common currency’s problems. And while we wait for news out of Europe, the positive tone of this morning’s earnings reports from a number of key companies and...
26Oct2011 | vitalstocks | 0 comments | Continued(MS) Oct 19: The Earnings Parade Continues – Economic Highlights
The earnings parade continues even as the market tries to come to terms with the Apple surprise and waits for the expected weekend deal out of Europe. We also have economic data this morning about September CPI and Housing Starts, but they will likely have less traction in today’s...
20Oct2011 | vitalstocks | 0 comments | Continued(MS) Ahead of Wall Street – October 19, 2011 – Ahead of Wall Street
Wednesday, October 19, 2011 The earnings parade continues even as the market tries to come to terms with the Apple surprise and waits for the expected weekend deal out of Europe. We also have economic data this morning about September CPI and Housing Starts, but they will likely...
20Oct2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil, Fuel Inventories Rise
The U.S. Energy Department’s weekly inventory release showed a surprise build-up in crude stockpiles following three consecutive weeks of decline. The agency’s report further revealed that both gasoline and distillate stocks added to their supplies, while refiners reduced...
6Oct2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil and Fuel Inventories Rise
The U.S. Energy Department’s weekly inventory release showed a surprise build-up in crude stockpiles following three consecutive weeks of decline. The agency’s report further revealed that both gasoline and distillate stocks added to their supplies, while refiners reduced...
4Oct2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil Stocks at 8-Month Low
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell sharply to reach their lowest level since January, while gasoline stocks added to their supplies. The data further revealed that U.S. distillate stocks fell by a modest 874,000 barrels....
24Sep2011 | vitalstocks | 0 comments | Continued(RIG) Transocean Update Shows Higher Dayrates
Offshore drilling giant Transocean Ltd. (RIG) recently issued a monthly ‘Fleet Update Summary’ covering the company’s drilling rig status and contract information. As per the report, Transocean secured additional work for four of its mid-water rigs, with three of them getting...
23Sep2011 | vitalstocks | 0 comments | Continued(STO) Statoil ASA to Upgrade Troll Capacity
Statoil ASA (STO) has contracted Norway’s engineering group, Aibel, for the upgrade of a gas compression capacity on the Troll A platform in the North Sea. The contract is worth NOK 2.7 billion ($483 million). Per the agreement, Aibel is responsible for engineering, procurement,...
20Sep2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Crude Oil Inventory Stocks Dip – Products Build
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell more than twice that of analyst expectations to reach their lowest level since February, as Tropical Storm Lee reduced production. However, the overall nature of the data is bearish...
17Sep2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Imports Tumble – Crude Oil Stocks Fall
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell more than expected as imports tumbled, while gasoline and distillate both added to their supplies. Meanwhile, refiners reduced processing rates by 0.2%. The Energy Information Administration...
11Sep2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Energy Department Weekly Inventory Release – Surprise Build in Crude Stockpiles
The U.S. Energy Department’s weekly inventory release showed a surprise build-up in crude stockpiles. The agency’s report further revealed that distillate stocks added to supplies, while gasoline inventories declined. Meanwhile, refiners reduced processing rates by 1.1%. The...
2Sep2011 | vitalstocks | 0 comments | Continued(XOM) U.S. Energy Department’s EIA Data Indicates Mixed Trends
The U.S. Energy Department’s weekly inventory release showed that crude stockpiles fell unexpectedly as imports dropped, while gasoline and distillate both added to their supplies. Meanwhile, refiners enhanced processing rates by 1.2%. The Energy Information Administration...
26Aug2011 | vitalstocks | 0 comments | Continued(COP) Stock Market News for August 24, 2011 – Market News
Neither the East Coast earthquake nor weaker-than-expected domestic economic reports could prevent the markets from staging a strong rally that also saw the Dow posting its best gains in two weeks. Encouraging global economic reports helped to boost the mood of the investors,...
24Aug2011 | vitalstocks | 0 comments | Continued(BAC) Stock Market News for August 23, 2011 – Market News
Markets lacked the conviction to bet big leading to a flat finish for the benchmarks on Monday. A choppy day of trading was initially spurred by hopes that the Fed chairman would announce another asset-buying plan on Friday, but lingering concerns about the domestic and global...
23Aug2011 | vitalstocks | 0 comments | Continued(CVX) EIA: Surprise Build in Crude Stocks
The U.S. Energy Department’s weekly inventory release showed a surprise build-up in crude stockpiles. The agency’s report further revealed that distillate stocks added to their supplies, while gasoline inventories declined for the second-straight week. Meanwhile, refiners...
18Aug2011 | vitalstocks | 0 comments | Continued(EIA) U.S. Energy Department Reports Crude – Fuel Inventories Fall
The U.S. Energy Department’s weekly inventory release showed that crude, gasoline, and distillate stockpiles – all moved downwards, while refiners improved processing rates by 0.7%. The Energy Information Administration (EIA) Petroleum Status Report – which contains...
17Aug2011 | vitalstocks | 0 comments | Continued