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Exxon Mobil Corporation Announces 2010 Proved Reserves of 3.5B Barrels
Tuesday, February 15, 2011 - 9:05am | 42Exxon Mobil Corporation (NYSE: XOM) announced today that additions to its proved reserves in 2010 totaled 3.5 billion oil-equivalent barrels, replacing 209 percent of production. Excluding the impact of asset sales, reserves additions replaced 211 percent of production.
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Fast Money Pops & Drops, February 14th (BP, M, TSO, VZ, BWLD)
Monday, February 14, 2011 - 11:07pm | 281CNBC Fast Money's Karen Finerman said, in the segment of the show called Fast Money Pops & Drops, that she likes BP plc (ADR) (NYSE: BP). She has a long position in this stock, and she plans to stay long after today's move higher. BP plc (ADR) (BP) gained 1.94%, and closed at $46.69. Pete...
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Benzinga's Top ETF Gainers, February 14th (ERX, AGQ, DIG, EGPT)
Monday, February 14, 2011 - 9:53pm | 227Direxion Daily Energy Bull 3X Shares(ETF) (NYSE: ERX) led the gainers among the ETFs on Monday, with a 6.64% gain. In the energy space, Marathon Oil Corporation (NYSE: MRO) jumped 6.10%, while Tesoro Corporation (NYSE: TSO) spiked 7.94%. ProShares Ultra Silver (ETF) (NYSE: AGQ) gained 4.93% in the...
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Stocks Struggle to Find Direction 02-14-2011
Monday, February 14, 2011 - 6:27pm | 739Cusick's Corner Stocks struggled to find direction on this slow news day. Trading volumes on the NYSE were very low, plus there was little action in the option pits too. Retail Sales are due out pre-market tomorrow -- watch the Retailers, XRT, want to see if this weather is cooling down store...
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Markets and the XLE
Monday, February 14, 2011 - 5:21pm | 554Today the markets continued it move higher in a relatively lack luster way compared to Fridays action when the turmoil in Egypt soften with Hosni Mubarak stepping down as president. The strong buying in the markets continues as two of the major three indexes make new 52 week highs. The Dow Jones...
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Chevron Fined $8 Billion (CVX)
Monday, February 14, 2011 - 2:53pm | 72According to Reuters, Chevron (NYSE: CVX) has been fined $8 billion by an Ecuadorian court in environmental damages. An Ecuadorean lawyer said that a court in the Amazon city of Lago Agrio ordered the oil giant to pay the fine. The lawsuit originally sought $27 billion in damages. Shares of...
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10 Stocks The Street Is Buying
Monday, February 14, 2011 - 2:05pm | 225By far one of my best screens in determining who is buying what on the street! What you will find are those stocks that, among other variables that I use, 1) Gaining an increased amount of coverage by brokerage firms and analysts, and 2) Being upgraded on a regular basis. This is a good screen to...
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Alert: Rinse and Repeat To Profits
Monday, February 14, 2011 - 11:41am | 281Rewind and replay, that is the motto of the stock market each day. Stocks like Exxon Mobil Corporation (NYSE: XOM) gap lower, only to have the buy programs hit via the Federal Reserve's POMO QE-2. These stocks then move higher, minute after minute, keeping the markets floating in the neutral to...
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A Look Ahead: Next Week's ETFs To Watch
Friday, February 11, 2011 - 4:21pm | 323It has been another fun-filled week for U.S. stocks and ETFs as nothing, not slack earnings, not Egypt seems to be able to derail this market. These are painful days to be short much of anything, but let's have a look at where some profitable ETF opportunities lie for next week's trading. 1) Market...
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ConocoPhillips Approves 2011 Capital Program
Friday, February 11, 2011 - 11:17am | 84ConocoPhillips (NYSE: COP) today approved a 2011 capital program of $13.5 billion, representing a significant increase in Exploration and Production segment expenditures. Almost 90 percent of the capital program will be in support of E&P, while the Refining and Marketing segment represents...
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Alberta Bakken from Beatingtheindex.com
Friday, February 11, 2011 - 7:08am | 2167Now that you're familiar with the Alberta Bakken oil play and the players in Southern Alberta, let's cover the players on the US side of the border in Montana. The same scenario is playing out in Montana where several companies are actively working to acquire as much prospective land as possible....
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Top 4 NYSE Stocks In The Major Integrated Oil & Gas Industry With The Highest ROE (XOM, TOT, CVX, SSL)
Friday, February 11, 2011 - 3:52am | 130Below are the top major integrated oil & gas stocks on the NYSE in terms of return on equity. The trailing-twelve-month return on equity at Exxon Mobil Corporation Common (NYSE: XOM) is 23.61%. NILE's PEG ratio is 1.06. The trailing-twelve-month return on equity at Total SA (NYSE: TOT) is 19.88...
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Fast Money Picks For February 11th (IAU, AEO, BP, XBI)
Thursday, February 10, 2011 - 7:49pm | 237On CNBC's Fast Money, Brian Kelly said that he wants to buy iShares Gold Trust(ETF) (NYSE: IAU) on Friday. iShares Gold Trust(ETF) (NYSE: IAU) fell 0.15% in the regular trading session, but it added 0.23% in the after hours. Dennis Gartman said that he is a buyer of gold, Canada and Aussie, and he...
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Occidental Petroleum Increases Dividend by 21%
Thursday, February 10, 2011 - 1:11pm | 72Occidental Petroleum Corporation (NYSE: OXY) announced today that its Board of Directors has increased the company's annual dividend 21 percent to an annual rate of $1.84 per share, compared to the previous annual rate of $1.52 per share. The Occidental Board announced in December its intention to...
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Credit Suisse Global Oil Report Daily (NKA, ECA, CVX)
Thursday, February 10, 2011 - 8:10am | 127Credit Suisse is out with its Global Oil Daily research report this morning, focusing on American companies Niska Gas Storage (NYSE: NKA), Encana (NYSE: ECA), and Chevron (NYSE: CVX). In the report, Credit Suisse maintained its Niska Gas Storage Outperform rating and $21 price target and left its...