Integrated Oil & Gas

US stock futures are higher this morning, as investors are awaiting Federal Reserve Chairman's news conference. Futures on the Dow Jones Industrial Average gained 41 points to 12,559.00 and S&P 500 index futures rose 5 points to 1,345.90. Futures on the Nasdaq 100 surged 14.25 points to 2,399....

BP (NYSE: BP), Europe's second-largest oil company, said its first-quarter profit fell 2% to $5.37 billion, missing the $5.7 billion analysts were expecting. That number excludes the various asset sales the British oil giant conducted to raise cash to pay for costs associated with the Gulf of...

ConocoPhillips (NYSE: COP) is expected to post its Q1 EPS at $1.95 on revenue of $61.72 billion. Hess Corp (NYSE: HES) is expected to post its Q1 earnings at $1.95 per share on revenue of $9.45 billion. MeadWestvaco Corp (NYSE: MWV) is projected to report its Q1 EPS at $0.23 on revenue of $1.39...

Some of the stocks that may grab investor focus today are: Wall Street expects Boeing Co (NYSE: BA) to report its Q1 earnings at $0.72 per share on revenue of $15.13 billion. BA shares gained 0.33% to $75.80 in after-hours trading. Amazon.com Inc. (NASDAQ: AMZN) reported a sharp decline in its Q1...

ProShares UltraShort Silver (ETF) (NYSE: ZSL) spiked 8.09% on Tuesday as silver traded lower. ZSL managed to break its eight day losing streak today. Direxion Daily Semiconductor Bull 3X Shares (NYSE: SOXL) gained 4.81% today, and it closed at $61.85. In the semiconductor space, Intel Corporation...

House Speaker John Boehner (R-OH) said he would consider cutting multi-billion dollar subsidies to oil companies, such as Exxon Mobil (NYSE: XOM) and Conoco Phillips (NYSE: COP). This could save $45 billion over 10 years. Greece's budget deficit in 2010 was 10.5% of GDP, much greater than...

The markets are moving higher today ahead of the FOMC Policy Statement tomorrow. This release will be done in a new format which is sure to help the Federal Reserve maintain more control of the markets. First, at 12:30pm ET, they will release their interest rate policy. Then at 2:15pm ET, Ben...

Piper Jaffray upgraded Johnson Controls (NYSE: JCI) from “neutral” to “overweight.” JCI's shares closed at $39.60 yesterday. Johnson Controls' trailing-twelve-month revenue is $35.43 billion. Deutsche Bank upgraded Occidental Petroleum Corp (NYSE: OXY) from “hold” to ‘buy.” OXY's shares closed at...

Deutsche Bank has upgraded its rating on Occidental Petroleum (NYSE: OXY) from Hold to Buy and has raised its price target from $110 to $120, with a potential turnaround coming for the company as Q1 results are released this Thursday. According to Deutsche Bank, “Oxy's Q1 results on Thursday...

Deutsche Bank has upgraded Occidental Petroleum (NYSE: OXY) from Hold to Buy and has raised the price target from $110 to $120.

For over a year now, investing in Europe has been a tricky bet to put it kindly, but there has been a stark, positive exception to that rule. While the PIGS have floundered, weighing on other Eurozone members in the process, the Nordic region has offered not only refuge, but positive returns as...

1.) Retail With a long a heavy winter, consumer-spending habits will show a bright side along with the warmer weather. Couple this with an improved economic outlook and this should boost retail stocks. The ones to concentrate on will correlate directly with the season. Even without a positive...

BP (NYSE: BP) and the Gulf of Mexico Alliance announced today that the independent Research Board of the Gulf of Mexico Research Initiative has released its Request for Proposals for studies into the effects of the Deepwater Horizon incident and the potential associated impact on the environment...

For 1Q'11, Citi estimates that Marathon Oil Corporation's (NYSE: MRO) overall R&M earnings will be $684 million compared to $213 million in 4Q'10. “We estimate an overall wholesale margin of $0.20 per gallon compared to $0.09 per gallon in 4Q'10,” Citi writes. “The large increase in the margin...

France's Total (NYSE: TOT), Europe's third-largest oil company, is looking to increase its output in Russia in significant fashion over the next decade, aiming to ratchet up its production there by more than 30-fold to 300,000-400,000 barrels of oil equivalent per day by 2020, according to...