Rio Tinto plc ADR Common Stock (NYSE:RIO) traded down 5% during mid-day trading on Wednesday . The stock traded as low as $52.98 and last traded at $53.38. 6,098,501 shares were traded during trading, an increase of 99% from the average session volume of 3,070,225 shares. The stock had previousl
White Gold Corp. (CVE:WGO) Director David D’onofrio purchased 49,000 shares of the business’s stock in a transaction on Friday, April 20th. The shares were acquired at an average price of C$0.80 per share, with a total value of C$39,200.00.
The latest standoff between the U.S. and Iran may be leaving oil-tanker owners in more of a bind than in previous years.
As the U.S. reimposes sanctions on the Islamic Republic, firms that help ferry Iranian oil risk losing access to the American financial system, similar to earlier in the decade when such measures were enforced. Additionally, this time around, they’ll have to contend....More>>>
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Italy’s political turmoil sends shockwaves through global markets, as concerns around a bigger European crisis swirl. And Trump ratchets up trade pressure on China, while preparing to welcome a top North Korean envoy to the U.S. Here are some of the things people in markets are talking about.
KR Choksey has come out with its fourth quarter (Jan-March 18) earnings estimates for the Oil & Gas sector. The brokerage house expects Indian Oil to report net profit at Rs. 7758.1 crore up 108.5% year-on-year (down 1.6% quarter-on-quarter).
Net Sales are expected to increase by 27.5 percent Y-o-Y (up 15.6 percent Q-o-Q) to Rs. 1,27,913.9 crore, according to KR Choksey.
The Permian basin space is becoming overcrowded, resulting in a situation where survival and growth are increasingly difficult, according to Bernstein.
The Permian basin is a large oil-producing basin situated in the western part of Texas and the southeastern part of New Mexico, and comprises of several component basins, including the Midland and Delaware basins.
Sound Shore Management Inc. CT grew its holdings in BP (NYSE:BP) by 17.6% during the first quarter, Holdings Channel reports. The firm owned 4,524,404 shares of the oil and gas exploration company’s stock after acquiring an additional 676,392 shares during the quarter. BP accounts for about 3.0% of Sound Shore Management Inc. CT’s portfolio, making the stock its 13th biggest position.....More>>>
Shares of natural gas distributor Clean Energy Fuels Corp.(NASDAQ:CLNE)were down 10.2% at the close of trading Monday on no real news. Shares were down as much as 11.8% in early morning trading, and were down by high single digits for most of the day.
Oddly enough, crude oil is trading slightly higher today with WTI crude up 0.3% and Brent crude up 1.5%....More>>>
As compared to Gastar’s (GST) recent conference call, this presentation at the Johnson Rice Energy Conference was about as upbeat as it gets. Which explains the current $1.50 pop of its preferred GST-A price and the $1.86 rise of GST-B. The screenshot of the Key Investment Criteria set the table nicely, highlighted by recent strong drilling results, to be covered later in the article, 48%....More>>>
Crescent Point Energy Corp (NYSE:CPG) (TSE:CPG) – Equities research analysts at Cormark raised their FY2019 earnings per share (EPS) estimates for shares of Crescent Point Energy in a research note issued on Wednesday, June 20th. Cormark analyst A. Arif now expects that the oil and gas producer will post earnings of $0.44 per share for the year, up from their prior estimate of $0.43.
Athabasca Oil (TSE:ATH) had its price objective upped by Royal Bank of Canada from C$2.00 to C$2.50 in a report released on Thursday. The firm presently has an “outperform” rating on the oil and gas exploration company’s stock. Royal Bank of Canada’s price objective points to a potential upside of 30.89% from the company’s current price.
In late July, I published Volaris: Entering Bumpier Airspace. Since then, shares of Mexican discount carrier Volaris Aviation (NYSE:VLRS) are down 22%, falling from $19 to $14.80. It's time to take profits on that short position, if still involved, and consider switching to the bullish side of th
In 2017, cryptocurrencies delivered what may go down as the single greatest year for any asset class in history. In just 12 months, the combined value of all virtual currencies rose from $17.7 billion to finish the year at $613 billion. That's a gain of better than 3,300%, and it's a return that
Q2 (NYSE: QTWO) and Mobileye (OTCMKTS:MBBYF) are both computer and technology companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, profitability, institutional ownership, dividends, earnings, valuation and risk.
The past two-plus decades have yielded some incredible change in the cannabis landscape. Back in 1995, not a single U.S. state allowed marijuana to be used for medicinal or recreational purposes. Fast-forward to today, 29 states have passed broad-based medical cannabis laws. Furthermore, nine als