-
Earnings Preview: Southwestern Energy Company EPS, Revenue Expected to Rise from Previous Quarter
Monday, July 25, 2011 - 12:49pm | 577Southwestern Energy Company (NYSE: SWN) releases its next round of earnings this Thursday, July 28, 2011. Get prepared with Benzinga's ultimate preview for Southwestern Energy Company's second quarter earnings. Earnings and Revenue: Analysts are predicting an EPS reading of 43 cents per share...
-
BP Spinoff Case Overstated
Monday, July 25, 2011 - 12:24pm | 223(TheStreet) -- A spinoff by BP (NYSE: BP) of its refining and marketing business is the type of financial engineering trick that will assuage frustrated shareholders and fatten the coffers of investment bankers, but makes less sense from a strategic standpoint for the oil company. JPMorgan may...
-
Chesapeake Energy Earnings Preview: Analysts Expect Rising Revenue, Falling EPS Over Previous Quarter
Monday, July 25, 2011 - 11:45am | 585Chesapeake Energy (NYSE: CHK) announces its next round of earnings this Thursday, July 28, 2011. Here's Benzinga's advanced look at Chesapeake Energy's second quarter earnings report. Earnings and Revenue: Based on estimates, investors are readying for a positive EPS reading of 72 cents per...
-
Don't Let the Debt Ceiling Distract You From Oil
Monday, July 25, 2011 - 10:38am | 575I've said it before, but the debt ceiling is a red herring. The United States will default on its debts for the simple reason that they are too high to get rid of in any other way. Whether it's an outright default for bond holders or the more likely default of inflationary policy, we'll see the US...
-
BP Awarded Deepwater Exploration Blocks by Government of Trinidad and Tobago
Monday, July 25, 2011 - 10:31am | 61BP (NYSE: BP) said Monday that it has been awarded two deepwater gas exploration and production blocks by the government of the Republic of Trinidad and Tobago. The energy firm said it has been given a 100% interest in the two areas, both located off the east coast of Trinidad, under production...
-
Morgan Stanley Updates 7/25/11
Monday, July 25, 2011 - 6:06am | 359Morgan Stanley made a number of updates in a research report published today. Bank of New York Mellon Corp (NYSE: BK) had its rating reiterated at Equal-weight. At the same time, its price target was left unchanged at $30. On Friday, BK lost 0.43% of its value to end the week at $25.76. Northern...
-
Earnings Expectations for the Week of July 25
Sunday, July 24, 2011 - 8:40am | 1439The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...
-
Markets Cautious - DC on Hot Seat over Weekend 07-22-2011
Friday, July 22, 2011 - 5:54pm | 844Cusick's Corner Today's session was rather mixed and stuck to a small range. Tech led today, so the NASDAQ showed up the Dow and SPX. However, all the major averages ended the week higher. Trading was cautious due to the continuing uncertainty about the deadlock over the August 2nd deadline to...
-
Vol Drops, Heat Still Up 07-22-2011
Friday, July 22, 2011 - 2:05pm | 978Cusick's Corner Earnings and the debt talks remain in focus. CAT earnings failed to impress which is helping to dampen this market. It's hot in DC right now but tempers could get even hotter this weekend if there's no debt deal. Some traders may lack faith in any debt deals being made anytime...
-
Hess Earnings Preview: Revenue, Earnings Expected to Fall from Previous Quarter
Friday, July 22, 2011 - 12:42pm | 564Hess (NYSE: HES) unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement. Earnings and Revenue: Ahead of the company's earnings announcement, analysts are expecting a positive...
-
Earnings Preview: Murphy Oil EPS, Revenue Expected to Rise from Previous Quarter
Friday, July 22, 2011 - 12:11pm | 547Murphy Oil (NYSE: MUR) unveils its next round of earnings this Wednesday, July 27, 2011. Here is Benzinga's everything-that-matters guide for this Wednesday's second quarter earnings announcement. Earnings and Revenue: Analysts are looking ahead to a positive EPS of $1.67 per share and revenues...
-
ConocoPhillips Earnings Preview: Analyts Expect Higher Earnings, Revenue from Prior Quarter
Friday, July 22, 2011 - 11:40am | 561ConocoPhillips (NYSE: COP) releases its next round of earnings this Wednesday, July 27, 2011. Get prepared with Benzinga's ultimate preview for ConocoPhillips' second quarter earnings. Earnings and Revenue: Analysts are predicting an EPS reading of $2.21 per share and revenues of $60.29 billion...
-
Waiting To Exhale
Friday, July 22, 2011 - 9:35am | 274Once again, as soon as the U.S. Dollar Index futures begin to trade higher the major stock indexes deflate and retreat quickly. This inverse relationship between the U.S. Dollar Index and the major stock indexes has been going over for about 10 years now. From time to time, the inverse correlation...
-
Mad Money Lightning Round: Cramer Likes ConocoPhillips
Friday, July 22, 2011 - 2:57am | 257On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Home Depot (NYSE: HD) is a “great stock with great management. That's an up stock." Cramer believes that ConocoPhillips (NYSE: COP) is the “cheapest oil company around. That's an up stock; it's going higher." For Chesapeake...
-
Benzinga's Top ETF Gainers, July 21st (FAS, ERX, EDC, EWI)
Thursday, July 21, 2011 - 6:36pm | 214Direxion Daily Financial Bull 3X Shares(ETF) (NYSE: FAS) traded 6.30% higher on Thursday, and it closed at $25.64. This was the third trading session that FAS closed in the positive territory. Direxion Daily Energy Bull 3X Shares(ETF) (NYSE: ERX) gained 5.82%, and closed at $85.30. In the energy...