Integrated Oil & Gas

Pre-open movers US stock futures are slightly higher this morning. Futures on the Dow Jones Industrial Average rose 22 points to 12,367.00 and futures on the S&P 500 stock index rose 0.30 point to 1,315.80. Nasdaq 100 futures gained 2.00 points to 2,323.00. A Peek Into Global Markets Asian...

Deutsche Bank made a number of updates in a research report published today. KB Home (NYSE: KBH) had its rating maintained at Hold. At the same time, its price target was lowered from $18 to $12. On Thursday, KBH lost 2.98% of its value to end the day at $9.78. Its shares regained most of...

JP Morgan has upgraded Murphy Oil (NYSE: MUR) from Underweight to Neutral and maintains its $68 price target.

Deutsche Bank has initiated coverage on Marathon Petroleum (NYSE: MPC) with a Buy rating and $55 price target, while lowered the price target on Hold-rated Marathon Oil (NYSE: MRO) from $60 to $35.

Following a year in which it was one of the best performing emerging markets ETFs, perhaps the best thing that can be said of the Global X FTSE Colombia 20 ETF (NYSE: GXG), this week's “Check Out The Chart” candidate, is that GXG is not the comparable ETF tracking Brazil, Chile or Peru. While GXG...

It's been one week since the IEA announced it would be releasing 60 million barrels of oil to help drive down oil prices. There are two reasons behind the release: 1. to help drive down oil prices which the IEA believes are hurting global economies, as oil prices impact everyday purchases. The...

Bank of America Merrill Lynch is reiterating its Buy rating and $39 price target on shares of Targa Resources Partners LP (NYSE: NGLS). In a note to clients, Bank of America Merrill Lynch writes, "We are updating our NGLS estimates to incorporate recent commodity pricing ahead of NGLS' 2Q11...

Oppenheimer is out with its report today on Marathon Oil (NYSE: MRO), reiterating Outperform. In a note to clients, Oppenheimer writes, "We are reiterating our Outperform rating on MRO with a new price target of $40/share ($62 prior), as a result of the spin-off of its downstream business,...

The stock market rally is continuing for the third consecutive day. Austerity measures in Greece were voted through this morning. This was widely anticipated but is still being cheered by Wall Street. The market is moving higher today mainly because of the rise in the Euro. The Euro is jumping as...

Hess Corporation (NYSE: HES) announced today that is has donated $1 million to North Dakota flood relief efforts. “We are deeply concerned about the people who are suffering from the devastation caused by the floods that have occurred in North Dakota,” said John Hess, Chairman of the Board and...

The markets have floated higher today on the back of a slowly weakening U.S. Dollar. The SPDR S&P 500 ETF (NYSE: SPY) is trading at $129.06, +1.12 (+0.88%). The markets have just put in an intra day topping tail. A topping tail is a bearish signal as it usually signals a reversal. In addition...

Below are the top large-cap independent oil & gas stocks on the NYSE and the NASDAQ in terms of PEG ratio China Petroleum & Chemical Corp (NYSE: SNP) has a PEG ratio of 0.35. SNP's trailing-twelve-month revenue is $318.73 billion. CNOOC Limited (NYSE: CEO) has a PEG ratio of 0.39. CEO's...

Matrix Service Co. (Nasdaq: MTRX) today announced that its subsidiary, Matrix Service Industrial Contractors Inc., has been awarded a contract for a new heat recovery boiler at ConocoPhillips (NYSE: COP) Bayway Refinery in Linden, New Jersey. Matrix Service's scope includes structural steel,...

When the U.S. Dollar Index declines the major stock indexes inflate and rally higher. This inverse relationship between the U.S. Dollar Index and the major stock indexes are as inverse as they have ever been. Traders and investors can simply look at the chart below to how correlated these two...

This morning, the U.S. Dollar Index has declined sharply since the opening bell rang at the New York Stock Exchange(NYSE). By now, we should all know when the U.S. Dollar Index declines the major stock market indexes will usually inflate and trade higher. That is certainly the case this morning,...