Integrated Oil & Gas

Weatherford International Ltd. (NYSE: WFT) today announced that its U.S. subsidiary has reached agreement with BP (NYSE: BP) to settle any claims that may have arisen between the companies relating to the Deepwater Horizon incident and oil spill. Under the settlement, BP will indemnify...

Shares of ConocoPhillips (NYSE: COP) are trading higher on the session by 0.50%, $72.29. With the recent slide in shares, you have to wonder where they are heading next… Bulls: Bulls will note that ConocoPhillips is consolidating between a downward-trending 50-day moving average and an upward-...

The Oil and Gas Sector has been gaining strength over the past thirty minutes, after bouncing off of its lows of the day – currently up 0.61% on the session. The best performing stocks currently in the S&P 500 Oil & Gas Sector currently are: 1) Helmerich & Payne (NYSE: HP): Shares of...

There is a lot of money in making war and even more to be made when the shooting stops. An investor who, like the majority of the world's politicians, has a moral compass that always points to opportunity and knows that blood on the hands easily washes off, can find plenty of interesting plays in...

Shares of Statoil ASA (NYSE: STO) are lower on the session by 0.04%, trading at $23.72. Overall call volume is now running at 5.47x the daily average, with 1% of all calls traded being purchases on the offer. 1,461 contracts have traded on the session so far. Statoil ASA, formerly StatoilHydro...

Apple Inc.(NASDAQ: AAPL) is one of the most highly followed and loved stocks by traders and investors. This morning, the innovative tech giant is coming under major selling pressure. The stock is trading lower by $8.12 to $312.07 a share. The stock has been under pressure since April 21, 2011 when...

Shares of Carpenter Technology Corp (NYSE: CRS) surged about 10% after the company announced its plans to buy Latrobe Specialty Metals Inc for $558 million. Latrobe's shareholders will own around 15.5% of Carpenter's outstanding common stock. The deal is expected to close by September 30. Shares...

TruthisTreason.net – Kevin Hayden Source: Zero Hedge One small step toward Executive Order 6102 part 2, and one giant leap for corruptcongressmankind. From: FOREX.com Date: Fri, Jun 17, 2011 at 6:11 PM Subject: Important Account Notice Re: Metals Trading To: xxx Important Account Notice Re: Metals...

TruthisTreason.net – Kevin Hayden Source: Zero Hedge One small step toward Executive Order 6102 part 2, and one giant leap for corruptcongressmankind. From: FOREX.com Date: Fri, Jun 17, 2011 at 6:11 PM Subject: Important Account Notice Re: Metals Trading To: xxx Important Account Notice Re: Metals...

As we all should know by now, when the U.S. Dollar Index declines the major stock market indexes will usually inflate and trade higher. Since 7:40 am EST, the U.S. Dollar Index has declined lower by 0.47 cents to $75.42 per contract. This is exactly when the S&P 500 Index made a move higher...

According to J.P. Morgan, Marathon Oil (NYSE: MRO) Neutral rating is maintained. J.P. Morgan said that it is updating its valuation allocation for N-rated MRO ahead of the 30 June corporate split. “We have left our earnings estimates and our $55/share YE 2011 price target unchanged, reflecting our...

Caltex Australia Ltd (OTC: CTXAF) projected around 39% drop in first half profit on Monday. Caltex, which is 50% owned by Chevron Corp (NYSE: CVX), projects a replacement cost of sales operating profit for the six months to June 30 of A$100 million to A$115 million, versus A$163 million, a year...

Today is options expiration, and the markets are a little more volatile than they have been in recent OPEX's, as the VIX is elevated on global economic concerns. As such, the NASDAQ has given up most of its gains from earlier in the session. At last check, the NASDAQ was up 2.5 points, but had...

Credit Suisse made a number of updates in today's research report. Diana Shipping (NYSE: DSX) was downgraded to Underperform from Outperform. At the same time, its price target was reduced to $8 from $15. In the report, Credit Suisse states, "We are downgrading DSX to Underperform (from...

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that RealD (NYSE: RLD) is “way too risky for me." Cramer believes that Chevron (NYSE: CVX) is a “3% yielder going to 4%. If you can take the pain of oil coming down, I would hold onto it." He believes that Partner Communications' (...