All Posts Tagged With: "Suncor Energy Inc"

(KBR) KBR Secures Another Contract

Recently, KBR Ltd. (KBR) announced that it has received a contract by the Dos Republicas Coal Partnership to provide detailed engineering and technical assistance services for the Eagle Pass Mine near Eagle Pass, Texas. The financial...

1Sep2013 | | Comments Off | Continued

(SU) Suncor Energy to Divest Assets

Canada’s biggest energy firm and the largest oil sands outfit, Suncor Energy Inc. (SU) entered into an agreement to divest its conventional natural gas and crude oil business in Western Canada. The assets will be sold to a newly formed...

27Apr2013 | | Comments Off | Continued

(XLE) Stock Market News for April 15, 2013 – Market News

Benchmarks closed in the red following a series of disappointing domestic reports. Major indices retreated following four days of consecutive gains. Meanwhile, quite surprisingly, retail sales fell in the month of March. Consumer sentiment declined to its lowest level in nine months in April. The...

15Apr2013 | | Comments Off | Continued

(XHB) Stock Market News for February 26, 2013 – Market News

Benchmarks took a battering on Monday following uncertainty about the outcome of the Italian elections and a revival of euro zone concerns. The instability in the Italian government indicates European debt problems might resurface which in turn could weaken the global economy. The major indices logged...

26Feb2013 | | Comments Off | Continued

(XLE) Stock Market News for December 31, 2012 – Market News

Benchmarks ended in the red for the fifth consecutive day after fears intensified that U.S lawmakers may not be able to seal a deal on the Fiscal Cliff issue before January 1. The Dow Jones logged its longest five-day decline since July. Meanwhile, the pending home sales index jumped to its highest...

1Jan2013 | | Comments Off | Continued

(XLF) Stock Market News for December 24, 2012 – Market News

Boehner’s “Plan B” failed to garner ample support from Republicans, dragging the benchmarks into negative territory on Friday. However, the benchmarks finished higher for the week. Both personal spending and demand for durable goods showed an upward trend in November. The financial and energy...

24Dec2012 | | Comments Off | Continued

(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....

8Feb2012 | | 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 thanks to “quadruple-witching,”...

19Dec2011 | | 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 revenues lower than...

13Dec2011 | | 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...

1Dec2011 | | 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,...

20Jul2011 | | 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 the impact of losses...

18Jul2011 | | 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...

12Jul2011 | | 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 likely to do better than...

5Jul2011 | | 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...

30Jun2011 | | 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 the global markets avoid...

30Jun2011 | | 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 to how a company performs...

29Jun2011 | | 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 you to know...

1Jun2011 | | 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 on their minds. In...

27May2011 | | 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...

27Apr2011 | | 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 from big bets ahead of...

11Apr2011 | | 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 first time in two years. The...

10Mar2011 | | 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 Suez and protests...

20Feb2011 | | 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...

14Feb2011 | | 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...

23Sep2010 | | 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,...

9Sep2010 | | 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...

17May2010 | | 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...

12May2010 | | 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...

20Apr2010 | | 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...

31Mar2010 | | 0 comments | Continued