Integrated Oil & Gas

Analysts at UBS upgrade Marathon Oil Corporation (NYSE: MRO) from “neutral” to “buy.” The target price for MRO is set to $56. MRO shares fell 1.41% to close at $48.97 yesterday. More Analyst Ratings here

CNBC Fast Money's Brian Kelly said on the show that he is a buyer of Freeport-McMoRan Copper & Gold Inc. (NYSE: FCX). He explained that copper is performing better, and he added that FCX could also benefit from Japan's rebuilding. Freeport-McMoRan Copper & Gold Inc. (FCX) spiked 5.11% today...

Targa Resources Partners LP (NYSE: NGLS) today announced that, through its wholly owned subsidiary, Coast Energy Group LLC, it has acquired a refined petroleum products and crude oil storage and terminaling facility in Channelview, TX. Located on Carpenter's Bayou along the Houston Ship Channel,...

Entergy Corporation (NYSE: ETR) was upgraded by Jefferies from "hold" to "buy." ETR's shares closed at $70.09 yesterday. Entergy's trailing-twelve-month revenue is $2.81 billion. BofA/Merrill upgraded Chevron Corporation (NYSE: CVX) from "neutral" to "buy.” CVX's shares closed at $100.80 yesterday...

Statoil ASA (NYSE: STO) was downgraded by Morgan Stanley from "overweight" to "underweight." STO's shares closed at $26.38 yesterday. Statoil's PEG ratio is 3.13. Jefferies downgraded Fushi Copperweld Inc (NASDAQ: FSIN) from “buy” to “hold.” FSIN's stock closed at $8.68 yesterday. Fushi Copperweld...

Deutsche Bank is maintaining its Hold rating on Chevron Corp. (NYSE: CVX). “It did not take Nostradamus to predict that there would be few surprises at the CVX 2011 analyst meeting, and so it came to pass,” Deutsche Bank writes. “Equally, we predicted that a solid reminder of the long term value...

The market is ready to go Are you? A truly heinous investment A sell off seems imminent. The global marketplace is littered with oily rags. All that's needed is a spark. And while some people may look back at...

Chevron Corporation (NYSE: CVX) is generating record operating cash flow and advancing its strong project queue, executives said today at the company's annual meeting with financial analysts in New York. “Operationally and financially, 2010 was an outstanding year. We continue to deliver on our...

TNK-BP, BP's (NYSE: BP) joint venture with Russian investors, has rejected an offer by Europe's second-largest oil company to become part of its conteroversial partnership with OAO Rosneft, Russia's largest oil company. BP and Rosneft announced a $16 billion share swap earlier this year that will...

BHP Billiton (NYSE: BHP), the world's largest mining company, was awarded the second permit to drill in deepwater locations in the Gulf of Mexico following last year's oil spill, the largest ever to be seen in the U.S. Following the spill, which was caused by the explosion of the Deepwater Horizon...

Chevron (NYSE: CVX), the second-largest U.S. oil company, announced in a statement issued Friday after the close of U.S. markets that it is appealing the $8.2 billion ruling made against the company last month by an Ecuadorian court that brought pollution against Texaco, which Chevron acquired a...

As we mentioned earlier, this month we are going to be looking at the stocks that make up the DJIA. . Next up Chevron (CVX). Clearly Chevron is a leader in its industry as can be seen by the excellent financials and the long-term track record of profitability. The overall score of 4.8 is healthy...

This note was originally published for subscribers on March 8, 2011 “Tis one thing to be tempted, another thing to fail.” -William Shakespeare I sold my long positions in oil (OIL) and Brazilian oil giant Petrobras (PBR) on yesterday morning's opening market strength. This doesn't mean I am not...

Pre-open moversUS stock futures are lower this morning, after a strong earthquake in the northeastern part of the Japan. The tsunami warnings were also issued for Hawaii, parts of the West Coast of the US and 19 other countries. Futures on the Dow Jones Industrial Average dipped 50 points to 11,870...

Chevron (NYSE: CVX) has reached an agreement with Valero Energy Corporation (NYSE: VLO) to sell Chevron Limited, the entity that holds the 220,000 barrel per day Pembroke Refinery and other downstream assets in the United Kingdom and Ireland. The sale price is $730 million, plus an additional...