All Posts Tagged With: "SU"
(SUN) Oil and Gas Stock Outlook – February 2012 – Industry Outlook
OUTLOOK Crude Oil Signs of progress in resolving Europe’s long-running sovereign debt crisis and a tightening global supply picture in view of the geopolitical fallout over Iran’s alleged nuclear ambitions have been keeping oil prices at elevated levels. Partly offsetting...
8Feb2012 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for December 19, 2011 – Market News
Markets shed early gains to end mixed after Fitch ratings put seven European economies under credit watch negative. The gains were primarily a result of European developments as Italian government won a confidence vote on austerity measures. It was a choppy session for the benchmarks...
19Dec2011 | 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(NXY) Nexen Inks Joint Venture with INPEX Corporation
Canadian oil and gas company Nexen Inc. (NXY) entered into a strategic agreement with Japanese energy giant INPEX CORPORATION for the development of shale gas fields in northeast British Columbia. Although, as a part of the deal, Nexen will sell 40% working interest in the assets,...
1Dec2011 | vitalstocks | 0 comments | Continued(EIA) 25-Year Outlook for Liquid Energy
by David Fessler, Investment U Senior Analyst Thursday, October 6, 2011 The Energy Information Administration (EIA) recently released its International Energy Outlook 2011. It’s the EIA’s annual 25-year energy forecast, and it contains important information for investors...
7Oct2011 | InvestmentU | 0 comments | Continued(VLO) Oil and Natural Gas Stock Outlook – July 2011 – Industry Outlook
Crude Oil The improving economic scene – both here in the U.S. as well as worldwide – and the continued unrest in producing countries had been the main driver of the oil rally, which saw the commodity zoom past the $110 per barrel level earlier this year. However, apprehensions...
20Jul2011 | vitalstocks | 0 comments | Continued(XLE) Stock Market News for July 18, 2011 – Market News
On Friday, markets ended with modest gains as encouraging earnings reports from Google and Citigroup helped the indices resist downside pressure from concerns over the US debt situation and European bank stress tests. However, gains made on Friday were not large enough to negate...
18Jul2011 | vitalstocks | 0 comments | Continued(SU) Suncor Energy – Bull of the Day
In our opinion, Suncor Energy (SU) is one of the best positioned companies to benefit from the oil price recovery over the next several years. The company’s asset base includes substantial conventional reserves and production at offshore Eastern Canada and in the North...
12Jul2011 | vitalstocks | 0 comments | Continued(SOLR) Increase Odds of Positive Earnings Surprises
Surprises are, by definition, unexpected. However, since we know that companies that report better-than-expected earnings tend to see their share prices rise after the announcement, and those that disappoint sink, it would be nice to be able to get in front of those that are...
5Jul2011 | vitalstocks | 0 comments | Continued(SU) Suncor Upgraded to Outperform
We have upgraded Canada’s biggest energy firm and the largest oil sands outfit Suncor Energy Inc. (SU) to Outperform from Neutral, reflecting the company’s impressive portfolio of growth opportunities, unique asset base and high return potential in the long run. Suncor has...
30Jun2011 | vitalstocks | 0 comments | Continued(AXP) Stock Market News for June 30, 2011 – Market News
On Wednesday, markets enjoyed their best three-day winning streak in three months as investor sentiment was boosted by news that the Greek austerity plan had been approved by the nation’s lawmakers. This would not only enable Greece avoid a debt default but would also help...
30Jun2011 | vitalstocks | 0 comments | Continued(COO) Zacks #1 Rank with Sales Momentum
Upward earnings estimate revisions and positive earnings surprises tend to go hand in hand with a good Zacks Rank. That is certainly no surprise, as those are the key factors that go into determining the rank. However, in recent quarters, almost as much attention is being paid...
29Jun2011 | vitalstocks | 0 comments | Continued(SU) Forget OPEC – Invest in America’s Top Oil Supplier$$
by David Fessler, Senior Analyst, Investment U Friday, June 17, 2011: Issue #1357 Ask 10 people the name of America’s top oil supplier. Chances are half of them will get the answer wrong. A surprising number still believe our top source of foreign oil is Saudi Arabia. They’re...
19Jun2011 | InvestmentU | 0 comments | Continued(CME) Meet New Zacks Senior Stock Strategist Kevin Cook
Hello fellow investors! My name is Kevin Cook and I just joined the Zacks.com team as a Senior Stock Strategist. I can’t wait to share with you all the ways we can work together to not simply survive in this market, but to thrive in it! But, first things first…I want...
1Jun2011 | vitalstocks | 0 comments | Continued(BP) Making Money on Triple-Digit Oil
Wednesday trading action in crude oil saw the black gold stick its head above $100, which may be the least psychologically-significant round number out there since the people who do the trading are mostly professional speculators and energy companies who have lots of other things...
27May2011 | vitalstocks | 0 comments | Continued(FTI) FMC Technologies Wins HMDC Contract
Oil drilling equipment maker FMC Technologies Inc. (FTI) entered into a manufacture and supply contract with Hibernia Management and Development Company Ltd. (“HMDC”). The financial terms of the deal were not disclosed. Per the terms of the contract, FMC Technologies has...
27Apr2011 | vitalstocks | 0 comments | Continued(AMR) Stock Market News for April 11, 2011 – Market News
Concerns about a possible government shutdown coupled with record high crude prices jolted the markets on Friday, as commodities touched new highs. Crude prices touched a 30-month high, spreading significant concerns over the economy recovery derailing and investors kept away...
11Apr2011 | vitalstocks | 0 comments | Continued(AXP) Stock Market News for March 9, 2011 – Market News
Indices moved out of negative territory on Tuesday, as Bank of America provided assurances of higher profits and an increase in dividends for shareholders. Additionally, crude prices hit a roadblock and eased off by 0.4% as OPEC members consider ramping up production for the...
10Mar2011 | vitalstocks | 0 comments | Continued(BP) What Crude Oil Investors Need to Know Anout the Libya Crisis
by David Fessler, Energy and Infrastructure Specialist Wednesday, February 23, 2011: Issue #1455 First Tunisia… then Egypt… then on to Bahrain… and now Libya. The political uprisings sweeping across the Middle East have provided the storylines of 2011 so far. Why all...
23Feb2011 | InvestmentU | 0 comments | Continued(CLF) Stock Market News for February 18, 2011 – Market News
Markets touched new multi year highs to end in the green after investors used lackluster economic reports as an opportunity to buy into market leaders. On a sectoral basis, share prices of energy companies rose for the second consecutive day amid fresh tensions surrounding the...
20Feb2011 | vitalstocks | 0 comments | Continued(TOT) TOTAL S.A. Earnings Report Misses The Street
Integrated oil and gas company TOTAL S.A. (TOT) reported its fourth-quarter 2010 operating earnings of $1.54 per share (€1.14 per share) versus the Zacks Consensus Estimate of $1.58 per share. The operating earnings of the company reflected a growth of 12.4% from $1.37 (€0.93...
14Feb2011 | vitalstocks | 0 comments | Continued(CVX) Crude Inventories Rise: September 22, 2010
Crude inventories increased by 1.0 million barrels, for the week ending September 17, from the previous week to 358.3 million barrels and were above the upper limit of the average range for that time of year. U.S. crude oil refinery inputs averaged 15.0 million barrels per day...
23Sep2010 | vitalstocks | 0 comments | Continued(DARA) DARA BioSciences’ KRN5500 Data Looks Strong
KRN5500 Data Looks Strong On September 8, 2010, DARA BioSciences (DARA) presented positive study results from its phase II dose escalation study with KRN5500 at the 13th World Congress on Pain. The multicenter, placebo-controlled phase II study was designed to evaluate the safety...
9Sep2010 | vitalstocks | 0 comments | Continued(EIA) Oil & Gas May 2010 Industry Outlook
OUTLOOK Crude Oil The improving economic scene, both here in the U.S. as well as worldwide, has been the main driver of the oil rally that saw the commodity breaching the $85 per barrel level earlier this month. However, in recent days, concerns about the European debt crisis...
17May2010 | vitalstocks | 0 comments | Continued(SU) Suncor Energy Beats Street Estimates
Canada-based Suncor Energy Inc. (SU) reported better-than-expected first quarter results, helped by additional upstream production from the Petro-Canada merger and higher crude prices. Earnings per share, excluding certain items, came in at 18 Canadian cents (18 US cents), slightly...
12May2010 | vitalstocks | 0 comments | Continued(SU) Suncor Energy Launches Syrian Project
Canada’s Suncor Energy Inc. (SU) announced the start-up of its Syria-based Ebla onshore natural gas project. The C$1.2 billion development, inherited through Suncor’s acquisition of Petro-Canada last year, started selling natural gas into Syria’s domestic market with the...
20Apr2010 | vitalstocks | 0 comments | Continued(SU) Suncor Energy Divests More Assets
Canada’s Suncor Energy Inc. (SU) has entered into an agreement to sell certain natural gas-heavy assets in west-central Alberta for C$235 million ($230 million) in cash. The name of the buyer was not disclosed. Located at Rosevear and Pine Creek in the Edson/Whitecourt area,...
31Mar2010 | vitalstocks | 0 comments | Continued(SU) Suncor Analyst Downgrades to Underperform
We are downgrading Suncor Energy (SU) shares to Underperform from Neutral, reflecting its weak near- to medium-term production outlook and the Petro-Canada acquisition-related risks. Recently, the company informed that a fire at its largest oil sands project in Alberta would...
18Mar2010 | vitalstocks | 0 comments | Continued(SU) Suncor Energy Incorporated – Bear of the Day
We are downgrading Suncor Energy (SU) shares to Underperform from Neutral, reflecting its weak near- to medium-term production outlook and the Petro-Canada acquisition-related risks. Recently, the company cut its 2010 targeted oil sands output following an upgrader fire in February. After...
17Mar2010 | vitalstocks | 0 comments | Continued(SU) Suncor Energy Sheds Trinidad Assets
Canada’s Suncor Energy Inc. (SU) has entered into an agreement with Britain’s Centrica Plc. (CPYYY) – the parent company of British Gas – to sell its Trinidad & Tobago gas assets for $380 million (C$396 million) in cash. Current production is approximately 60 –...
28Feb2010 | vitalstocks | 0 comments | Continued