Integrated Oil & Gas

On CNBC's Mad Money, Jim Cramer said during the Lightning Round that Marathon Oil (NYSE: MRO) has “already had its move. You're too late." Cramer said that Stewart Enterprises (NASDAQ: STEI) has “come down way too much. I'd be a buyer." For Amazon.com (NASDAQ: AMZN), Jim said, "Sales are good,...

A holiday-shortened week is now in the books and despite a nice start to the week on Tuesday, a barage of disappointing economic data has sent U.S. stocks to another weekly loss. As of this writing the, S&P has careened 43 points from Tuesday's close and the Dow Jones Industrial Average has...

ExxonMobil Pipeline Company announced today it will donate $25,000 to the Mid-South American Red Cross to provide disaster relief assistance in response to the recent flooding that impacted the City of Memphis. EMPCo is a subsidiary of Exxon Mobil Corporation (NYSE: XOM). "As a member of the...

According to a recent report, Bank of America is raising the price target on Western Gas Partners (NYSE: WES) from $37.00 to $38.00 based on recent moves that will potentially increase the company's growth. In the report, Bank of America said, "Recent moves diversify growth story beyond drop-...

Societe Generale has initiated coverage on the following companies: ConocoPhillips (NYSE: COP) Hold Cenovus Energy (NYSE: CVE) Hold Exxon Mobil (NYSE: XOM) Buy Hess Corporation (NYSE: HES) Buy

Societe Generale has initiated coverage on Chevron (NYSE: CVX) with a Buy rating.

Bank of America has raised the price objective on Western Gas Partners (NYSE: WES) from $37 to $38 and maintains its Buy rating.

Cusick's Corner Where do you start? Well for one the data was not good (ISM/Claims showing slower growth) and Greece looked for certain to go into default. But wait, the ECB announces a new plan to bailout Greece, popping the Euro and other Currencies (especially commodity based currencies like...

The major stock indexes have been on a wild roller coaster ride today. The U.S. Dollar Index has sold off sharply lower since 11:30 am EST. As we all know by now, when the U.S. Dollar Index declines the major stock and commodity indexes inflate and trade higher. The U.S. Dollar Index is trading...

The markets are floating lower today on the back of continued worries over the economy. The SPDR S&P 500 ETF (NYSE: SPY) is trading at $131.32, -.55 (-.42%). The ADP Private Sector Employment numbers shocked the markets yesterday and are continuing to weigh today. Investors are hesitant to go...

Lucas Energy, Inc. (NYSE: LEI) announced that its Common Stock has recently experienced significant and unusual market activity. As of the close of the NYSE Amex market on June 1, 2011, the stock was trading up almost 13% on 2.4 million shares of volume, versus a recent average daily volume of 970,...

According to Oppenheimer, Marathon Oil (NYSE: MRO) yesterday announced the acquisition of 141K acres in the Eagle Ford shale with estimated resource potential of 470 mmboe for $3.5B. Oppenheimer said that this transaction is expected to close in November, and should more than double MRO's position...

Credit Suisse initiated coverage of Quality Distribution (NASDAQ: QLTY) with a Neutral rating and a price target of $13. Credit Suisse named two reasons for its decision. The report states, "Our Two Main Arguments for Initiating with Neutral Are as Follows: 1) Leverage Profile. At just under 5-...

Bank of America provided color on Marathon Oil Corporation (NYSE: MRO). At the moment, Bank of America has a Buy rating on the company's stock and a price target of $70. In a research report published today, Bank of America stressed its optimism about the company's future. In the report, Bank of...

Marathon Oil Corporation (NYSE: MRO) splits and starts grey trading June 21, Deutsche Bank reports, adding that the split completes on June 30. “This was the move that everybody felt Marathon had to do,” Deutsche Bank writes. “Strategically it makes perfect sense; but did they pay too much and can...