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VZ
Thursday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday uncertain ES pivot 2098 33 Holding above is bullish Rest of week bias higher technically Monthly outlook bias lower Single stock trader VZ now a swing trade hold Recap The market popped nicely on Wednesday with a broad b...
VZ
Monday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday lower ES pivot 2097 50 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader VZ not a swing trade buy RecapLast Thursday night I wrote that the market is feeling toppy t...
VZ
Tuesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday lower ES pivot 2081 67 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader VZ still not a swing trade buy Recap Last night things were looking bleak and I called...
VZ
Wednesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday uncertain ES pivot 2081 67 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader VZ may be a swing trade buy Recap Last night the Dow had given us a reversal war...
VZ
Thursday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday lower ES pivot 2097 17 Holding below is bearish Friday bias uncertain technically Monthly outlook bias lower Single stock trader VZ not a swing trade buy Recap Huh well there were some nice day trading opportunities ar...
XOM
Proxy firm ISS says no to Exxon exec pay plan ahead of shareholder meeting
Proxy adviser ISS recommends investors vote against Exxon Mobil s NYSE XOM executive pay plan and some other closely watched questions due to be voted at the company s May 31 annual meeting ISS recommends investors vote against the pay of XOM s top executives questioning if pay awards are strongly linked to per...
XOM
Exxon to import fuel to Mexico to supply its new gas stations
Exxon Mobil NYSE XOM says it will start importing its own gasoline into Mexico before the end of the year to supply the Mobil brand gas stations it plans to open in the country XOM s director of fuels in Mexico says the company could participate in open season auctions which will be staggered throughout this year ...
XOM
Union dispute threatens Exxon s Nigerian oil output
Nigeria s manager level oil union threatens to continue a strike indefinitely at Exxon Mobil s XOM 0 3 local unit after talks with the company to end the action broke down The dispute over at least 83 local workers the union says were wrongfully terminated is now in its eleventh day and has been referred to an ...
XOM
Exxon Total discuss Greece offshore drilling opportunities ministry says
Greece s energy ministry says it held talks with Exxon Mobil NYSE XOM and Total NYSE TOT about offshore gas exploration opportunities A consortium of XOM TOT and Greece s biggest oil refiner Hellenic Petroleum are expected to submit an offer in the coming period for exploration south of Crete a government of...
XOM
Exxon finishes major expansion at Mont Belvieu plastics plant
Exxon Mobil XOM 0 4 says it completed a large expansion at its existing plastics plant in Mont Belvieu Tex that will add 1 3M metric tons of annual capacity to manufacture polyethylene Part of a previously announced multi billion dollar expansion project in the Baytown Tex area the polyethylene lines will ...
XOM
Exxon loses a round in court battle with New York AG
A New York state appeals court rules Exxon Mobil NYSE XOM must turn over records in the state attorney general s investigation into how much the company knew about global warming while publicly downplaying the effects on its business The appeals court upheld a lower court decision rejecting XOM s argument that th...
XOM
Shell Exxon may appeal over planned Groningen gas production cut
The joint venture between Royal Dutch Shell LON RDSa RDS A RDS B and Exxon Mobil NYSE XOM that operates the Groningen gas field says it is considering an appeal against a Dutch government plan to cut production at the massive field by 10 The government confirms it plans to go ahead with a tightening of outpu...
VZ
Wednesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday uncertain ES pivot 2085 92 Holding below is bearish Rest of week bias lower technically Monthly outlook bias higher Single stock trader VZ now close to a swing trade buy Recap Hmm apparently Mr Market is still not ov...
VZ
Monday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday higher ES pivot 2118 33 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader VZ is not a swing trade buy Recap Last Thursday night I wasn t at all sure which way w...
VZ
Tuesday Depends On ES Pivot
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday higher only if ES breaks above pivot else lower ES pivot 2109 08 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader VZ is still not a swing trade buy Recap Aft...
VZ
Wednesday s Markets Higher S P 500 Future Bullish VIX Rises
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday higher ES pivot 2105 58 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias lower Single stock trader VZ near a swing trade buy Recap Last night I made a conditional call the condition...
VZ
Thursday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday uncertain ES pivot 2114 50 Holding below is bearish Friday bias uncertain technically Monthly outlook bias lower Single stock trader VZ still not a swing trade buy Recap We called Wednesday higher and I consider myself fo...
XOM
Granite Oil declares CAD 0 035 dividend
Granite Oil OTCQX GXOCF declares CAD 0 035 share monthly dividend in line with previous Forward yield 7 9 Payable June 15 for shareholders of record May 31 ex div May 26 Now read
XOM
Exxon confirms potentially significant new gas field in Papua New Guinea
Exxon Mobil XOM 0 3 announces positive results on the Muruk 1 sidetrack well in the Papua New Guinea after completing a third sidetrack on the Muruk gas discovery and confirming a potentially significant new gas field XOM says the well encountered high quality sandstone reservoirs southwest of the Mu...
XOM
Rosneft Eni sign cooperation agreement
Russia s Rosneft OTC RNFTF and Italy s Eni NYSE E sign an agreement to broaden cooperation including in potential joint oil product supplies to Egypt The agreement calls for expanded cooperation in hydrocarbon production refining marketing and trading including in Egypt s Zohr project where Eni controls 50 a...
XOM
Exxon to launch Mobil service stations and fuels in Mexico
Exxon Mobil XOM 0 5 unveils plans to invest 300M over 10 years as it enters Mexico s retail fuel market saying the country s recent energy reforms create an opportunity to help meet growing demand for reliable fuel supplies and services XOM says it expects to open its first Mobil service station in central ...
CSCO
This Week s Growth And Income Stocks Are Cisco Systems CSCO And Rayonier Inc RYN
Cisco Systems NASDAQ CSCO has been shifting away from its legacy switching and routing business and has been more focused on areas of high growth within the technology realm This includes the cloud the internet of things IoT cybersecurity and enterprise collaboration While they have not abandoned their l...
XOM
Oil Giving Up Gains
Crude oil prices gave up gains after hitting a three week high only to succumb to worries about rising shale output and stability in the dollar Oil retreated as the Energy Information Administration released a report late in yesterday s session that said U S shale output could rise by 41 000 barrels a day in the mont...
VZ
Monday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday uncertain ES pivot 2102 00 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ not a swing trade buy Recap The market took a big jump on Friday propelled by s...
VZ
Tuesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday lower ES pivot 2102 33 Holding below is bearish Rest of week bias lower technically Monthly outlook bias higher Single stock trader VZ still not a swing trade buy Recap I was right last night in refusing to call the marke...
VZ
Thursday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday uncertain ES pivot 2097 50 Holding below is bearish Friday bias lower technically Monthly outlook bias higher Single stock trader VZ not a swing trade buy Recap I called Wednesday higher though I apparently forgot to hi...
VZ
Monday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday lower ES pivot 2118 33 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ not a swing trade buy Recap I didn t call last Friday just because it was op ex but...
VZ
Wednesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday lower ES pivot 2126 58 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ still not a swing trade buy Recap Well Tuesday was probably the biggest snoozer ...
VZ
Tuesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday lower ES pivot 2126 08 Holding below is bearish Rest of week bias lower technically Monthly outlook bias higher Single stock trader VZ not a swing trade buy Recap I hope everyone had a safe and relaxing Memorial Day weeke...
XOM
Exxon buys Singapore petrochemical plant to help meet Asian demand
Exxon Mobil NYSE XOM agrees to buy a refining and petrochemical plant owned by Jurong Aromatics in Singapore that will boost its output and meet demand in Asia no financial details of the purchase are provided The plant which will be integrated with XOM s existing petroleum complex on Jurong Island is expected t...
CSCO
Bitcoin Buying Panic Leaves A Dangerously Overextended Market
What s interesting about the nature of markets is just when one side of the battle between buyers and sellers thinks they have it completely won they are at their most vulnerable Bitcoin has gained over 100 since the start of October on top of an over 900 gain for the year 2017 Since Bitcoin broke out into a in 2...
XOM
Exxon Looking To Move Higher
ExxonMobil NYSE XOM started higher off of a low in January It ran higher in a steady channel for 6 months until it found resistance in mid July and pulled back The pullback was steep at first retracing 38 2 of the move higher within 2 weeks It settled from there consolidating for 6 weeks before a second push dow...
XOM
Oil s Supply Demand Imbalance Has Flipped What Happens Next
Over the weekend there was a surge of excitement in Houston where I live over the potential selection of Rex Tillerson the CEO of Exxon Mobil NYSE XOM as Secretary of State Given that Houston has about 1 10th of its economy focused solely on oil drilling and exploration and has been hit hard by the downturn in...
XOM
Canadian Overseas Petroleum Mesurado 1 Well Result
Canadian Overseas Petroleum Limited V XOP has announced that the ExxonMobil NYSE XOM operated Mesurado 1 exploration well offshore Liberia did not encounter hydrocarbons The well targeted oil in a sequence of Late Cretaceous Santonian sands and intersected 145m of net sand of which 118m was deemed to be reservoi...
VZ
Wednesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday uncertain ES pivot 2104 25 Holding above is bullish Rest of week bias lower technically Monthly outlook bias higher Single stock trader VZ still not a swing trade buy Recap So let s see Sunday night I said the mark...
VZ
Thursday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday lower ES pivot 2100 67 Holding below is bearish Friday bias lower technically Monthly outlook bias higher Single stock trader VZ still not a swing trade buy Recap Well that was sure a non event The Fed announcement a...
VZ
Monday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday higher ES pivot 2094 83 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ still not a swing trade buy Recap After two days of ugly losses to end April it wa...
VZ
Tuesday Depends On ES Pivot
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday higher only if ES remains above its pivot else lower ES pivot 2107 42 No prediction Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ still not a swing trade buy Recap Last night...
VZ
Thursday Depends On ES Pivot
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher only if ES breaks above its pivot else lower ES pivot 2076 42 Waiting for a break to determine direction Friday bias uncertain technically Monthly outlook bias higher Single stock trader VZ still not a swing trade ...
XOM
VW in talks with Exxon Gazprom on gas powered cars Mueller on ORF
VIENNA Reuters Volkswagen DE VOWG p is in talks with Exxon Mobil Corp N XOM and Gazprom MM GAZP to back its efforts to promote cars running on natural gas Chief Executive Matthias Mueller told Austria s ORF radio Europe s biggest carmaker is working on a shift towards electric cars and fuel saving technol...
XOM
VW talks natural gas powered cars
Looking to overcome Dieselgate Volkswagen OTCPK VLKAY is talking to Exxon Mobil NYSE XOM and Gazprom OTCQX GZPFY to back its efforts in promoting cars that run on natural gas We are now really trying to think out of the box and find solutions that can be helpful at least in this transition period of 10 to 20 ...
CSCO
Cisco Systems Inc Q1 F2018 Earnings Guidance Boost Shares
Cisco Systems Inc NASDAQ CSCO Q1 F2018 earnings results were released after closing bell tonight The company posted non GAAP earnings of 61 cents per share on 12 14 billion in revenue while Wall Street had been expecting 60 cents per share on 12 11 billion in revenue In the year ago quarter Cisco reported 12...
CSCO
Cisco Systems CSCO Jumps Stock Rises 5 2
Cisco Systems Inc NASDAQ CSCO was a big mover last session as the company saw its shares rise more than 5 on the day The move came on solid volume too with far more shares changing hands than in a normal session The stock picked up sharply from the near flat trend of 33 95 to 34 50 in the past one month tim...
VZ
Wednesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday lower ES pivot 2064 58 Holding below is bearish Rest of week bias higher technically Monthly outlook bias higher Single stock trader VZ now uncertain Recap Though my official call was uncertain I did last night express m...
VZ
Thursday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday uncertain ES pivot 2049 08 Holding above is bullish Friday bias uncertain technically Monthly outlook bias higher Single stock trader VZ is a swing buy Recap Ha April couldn t fool the Night Owl as the market defied hist...
VZ
Monday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday lower ES pivot 2053 75 Holding below is bearish Friday bias uncertain technically Monthly outlook bias higher Single stock trader VZ moving higher Recap With a holiday shortened week last week and a low volume day last Thur...
VZ
Wednesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday uncertain ES pivot 2072 17 Holding below is bearish Friday bias uncertain technically Monthly outlook bias higher Single stock trader VZ moving lower Recap Well that was interesting Last night I spent the entire evening...
VZ
Thursday Depends On ES pivot
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher if ES stays above its pivot else lower ES pivot 2073 58 Holding above is bullish Friday bias uncertain technically Monthly outlook bias higher Single stock trader VZ not a buy Recap I think I was right to call...
VZ
Wednesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday lower ES pivot 2086 50 Holding above is bullish Rest of week bias lower technically Monthly outlook bias higher Single stock trader VZ a swing trade buy Recap Well now that I can finally see again what I see is that...
VZ
Thursday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher ES pivot 2097 50 Holding above is bullish Firday bias lower technically Monthly outlook bias higher Single stock trader VZ not a swing trade buy Recap Oh great Sometimes I get on these wrong streaks and this i...
VZ
Monday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday higher ES pivot 2085 92 Holding above is bullish Rest of week bias lower technically Monthly outlook bias higher Single stock trader VZ moving lower Recap In a model of understatement last Thursday night I wrote the charts ...
XOM
Judge says Exxon owes 19 95 million for Texas refinery pollution
HOUSTON Reuters A federal judge ruled on Wednesday that ExxonMobil NYSE XOM Corp should pay a 19 95 million penalty for pollution from its Baytown Texas refining and chemical plant complex between 2005 and 2013 U S District Court Judge David Hittner issued the ruling in a citizen lawsuit brought under the U ...
XOM
Next battleground An aging Great Lakes pipeline stirs new protest
By Nia Williams CALGARY Alberta Reuters The growing protest movement against U S oil and gas pipelines has so far focused on stopping or delaying new construction with some high profile successes Now in Michigan a broad coalition of opponents is entering a new frontier Pushing to rip out and reroute an exist...
XOM
Exxon 1 7 on big jump in Q1 earnings revenues
Exxon Mobil NYSE XOM 1 7 premarket after reporting better than expected Q1 earnings which more than doubled thanks to rising crude oil prices and cost cuts and revenues rose 30 Y Y XOM says its upstream business saw earnings swing to a profit of 2 3B from a 76M loss in the year ago quarter citing higher liq...
XOM
Exxon Mobil profit beats Street as oil prices move higher
By Ernest Scheyder HOUSTON Reuters Exxon Mobil Corp N XOM the world s largest publicly traded oil producer posted a better than expected quarterly profit on Friday helped by rising crude prices CLc1 and cost cuts The results reflected the slowly improving dynamics for the company as well as the global ene...
CSCO
Cisco CSCO Gains On Q1 Earnings Beat Optimistic Guidance
Cisco Systems Inc NASDAQ CSCO just released its fiscal first quarter financial results posting earnings of 61 cents per share and revenues of 12 14 billion Currently CSCO is a Zacks Rank 3 Hold and is up 3 52 to 35 31 per share in after hours trading shortly after its earnings report was released Cisc...
CSCO
ETFs Set To Surge As Cisco Sees Revenue Growth In 2 Years
After the closing bell on Wednesday one of the tech primes Cisco Systems NASDAQ CSCO continued the strong momentum in the tech space with better than expected fiscal first quarter results The networking giant beat the earnings estimate while matched the revenue estimates Additionally it provided an upbeat out...
XOM
ExxonMobil XOM Sets Foot In Liberia Drills First Well
Oil giant ExxonMobil Corporation NYSE XOM recently announced that it has commenced drilling operations on the Mesurado 1 exploration well offshore Liberia Originally the drilling operations were scheduled for 2014 However the Ebola outbreak compelled the international oil gas exploration and development compa...
XOM
The Zacks Analyst Blog Highlights ExxonMobil BP Transocean Transocean Partners And Suncor Energy
For Immediate Release Chicago IL November 30 2016 Zacks com announces the list of stocks featured in the Analyst Blog Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets Stocks recently featured in the blog include ExxonMobil NYSE XOM Co...
XOM
Gold Mines Vs Oil Depletion
The Hill s Group Gold mines usually don t run out of gold and tin mines usually don t run out of tin but they are often shut down They close their doors and go out of business That is because the quality of the ore remaining fell too low for them to be worked economically The 2000 WEO World Energy Outlook placed...
XOM
ExxonMobil Hires Mitsubishi Heavy Industries For Beaumont
ExxonMobil Corporation NYSE XOM recently contracted Tokyo based Mitsubishi Heavy Industries Ltd the parent company of Houston based Mitsubishi Heavy Industries America for its new Beaumont expansion The financial details of the deal remained undisclosed ExxonMobil s price chart reveals that it has outpaced the...
VZ
Friday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Friday uncertain ES pivot 2094 25 Holding below is bearish Next week bias uncertain technically Monthly outlook bias higher Single stock trader VZ not a buy Recap The recent mean reversion sort of action we ve been seeing after big ...
VZ
Monday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday higher ES pivot 2094 58 Holding above is bullish Now on M contract Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ not a buy Recap Well Friday proved to be entertaining enough w...
VZ
Tuesday Depends On ES Pivot
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday higher only if ES breaks above its pivot else lower ES pivot 2098 33 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader NYSE VZ looking toppy Recap Things were...
VZ
Thursday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday lower ES pivot 2065 08 Holding below is bearish Friday bias uncertain technically Monthly outlook bias higher Single stock trader VZ may go lower again Recap Yow I m sure glad I called Wednesday lower as the Dow tumbled...
VZ
Verizon In No Man s Land
Verizon Communications Inc NYSE VZ found a bottom slightly above 23 00 in October 2008 after a long decline which started nine years earlier in October 1999 when the stock was exceeding the 60 mark Now it seems the good times are back for the telecommunications company In 2013 the price of Verizon s shares m...
VZ
Monday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday higher ES pivot 2050 42 Holding above is bullish Rest of week bias higher technically Monthly outlook bias higher Single stock trader VZ due to move higher Recap Looks like everyone was worn out after a few exciting days la...
VZ
Tuesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday uncertain ES pivot 2068 17 Holding above is bullish Rest of week bias higher technically Monthly outlook bias higher Single stock trader VZ to continue higher Recap Yup Monday was one of those days where the technicals as...
XOM
Exxon not getting Russia waiver
The company once run by the current Secretary of State will not be issued a waiver for drilling operations in Russia says Treasury Secretary Steven Mnuchin nor will any other companies XOM 0 45 Now read Argentina s Gas Shortfall Is Exxon s Big Windfall
XOM
U S will not give Exxon permission to drill in Russia
By Yeganeh Torbati and Ernest Scheyder WASHINGTON SPRING Tx Reuters The United States will not make an exception for American companies including oil major Exxon Mobil Corp NYSE XOM seeking to drill in areas prohibited by U S sanctions on Russia Treasury Secretary Steven Mnuchin said on Friday The unusua...
XOM
Exxon forecast to beat EPS estimates by RBC but investors may look ahead
Exxon Mobil s NYSE XOM dividend increase the company s smallest on a percentage basis in 15 years barely caused a ripple in its stock today but RBC analysts Brad Heffern and Jie Yong expect the company to beat earnings when it reports this Friday RBC sees XOM s upstream division rebounding from a weak Q4 given...
XOM
Judge orders Exxon to pay 20M fine for Texas refinery pollution
A federal judge ruled today that Exxon Mobil NYSE XOM should pay a 19 95M civil penalty for releasing 10M lbs of pollutants into the air from its Baytown Texas refinery during 2005 13 The judge accepted the plaintiffs argument that XOM collected more than 14M in so called economic benefits by delaying action...
VZ
Tuesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday lower ES pivot 2075 42 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ may be a buy soon Recap Bah I blew Monday s call badly and what s worse I had a ...
VZ
Wednesday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday higher ES pivot 2053 75 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ may be a buy in the next day or two Recap Whoa I m sure glad I called Tuesday l...
VZ
Thursday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher ES pivot 2043 33 Holding above is bullish Friday bias lower technically Monthly outlook bias higher Single stock trader VZ is a buy for the adventurous Recap Things were looking pretty good for my call for a hi...
VZ
Wednesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday uncertain ES pivot 2072 50 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ possible reversal no trade ahead of the Fed Recap With everyone pretty ...
XOM
Exxon SABIC eye petrochemical project on U S Gulf coast
Exxon Mobil XOM 0 2 announces plans to join with Saudi Basic Industries Corp for the potential development of a petrochemical complex on the Texas Gulf coast XOM says the proposed multi billion dollar investment would include an ethane steam cracker capable of producing 1 8M metric tons year of ethylene which w...
XOM
Support grows for Australian cross continent pipeline to combat gas shortages
Australia s government may support construction of a 1K mile gas pipeline likely to cost more than A 5B US 3 8B WSJ reports amid growing concern about shortages of liquefied natural gas and blackouts on the country s populous eastern seaboard Two senior ministers expressed support for a transcontinental pipeline a...
XOM
WSJ Exxon seeking to resume work on Russia venture curtailed by sanctions
Exxon Mobil XOM 0 3 has applied to the Treasury Department for a waiver from U S sanctions on Russia in a bid to resume its joint venture with Rosneft OTC RNFTF WSJ reports XOM s exploration deal with Rosneft signed in 2012 granted access to explore in Russia s arctic waters the right to drill with new techn...
XOM
Exxon plans to boost shale gas output in Argentina local official says
Exxon Mobil XOM 0 8 plans to ramp up natural gas production from the Vaca Muerta shale play in Argentina s Neuquen province the provincial governor says The governor says he met with senior executives of XOM and its XTO unit in Houston last week during a road show to promote a series of tenders for 56 blocks in...
XOM
Exxon will not say if it is seeking waiver from Russia sanctions
HOUSTON Reuters Exxon Mobil Corp N XOM on Wednesday declined to comment on a media report that it is seeking permission from the U S government to drill in several areas of the Black Sea banned by U S sanctions on Russia The Wall Street Journal reported that Exxon had in recent months applied to the U S Tre...
XOM
Dutch court orders Shell Exxon criminal probe over quakes
A Dutch court orders prosecutors to open an investigation into whether the Royal Dutch Shell LON RDSa RDS A RDS B and Exxon Mobil NYSE XOM joint venture that oversees production at the Groningen gas field bears any criminal responsibility for earthquakes Several small quakes caused by production at the countr...
XOM
Exxon probe is unconstitutional Republican prosecutors say
By Emily Flitter NEW YORK Reuters A group of 11 Republican state attorneys general are protesting an investigation into whether Exxon Mobil Corp N XOM violated consumer protection laws when selling fossil fuel products according to a court filing Top prosecutors for Alabama Arizona Arkansas Louisiana Mi...
XOM
Exxon backed by group of Republican AGs in fight over climate probe
A group of 11 Republican attorneys general join forces in court to help stop an investigation into whether Exxon Mobil NYSE XOM misled investors about the effects of fossil fuels on the global climate The AGs filed a brief today in U S District Court in Manhattan supporting a lawsuit by XOM which says the probe ...
XOM
ExxonMobil To Augment Polyethylene Capacity At Beaumont
ExxonMobil Corporation NYSE XOM recently announced that it has started construction of a new production unit at its polyethylene plant in Beaumont The cost of the project has not been disclosed Beaumont is located about 80 miles east of downtown Houston and this new unit will be part of a multibillion dollar inves...
PCG
Why Shares of PG E Soared Higher Today
What happened Shares of PG E NYSE PCG closed up more than 13 on Monday after the bankrupt utility updated its reorganization plan to try to address the concerns raised by California Gov Gavin Newsom The governor s office is one of the last remaining major parties PG E has yet to win over and the move is a major ...
PCG
California lawmaker introduces bill to make PG E a publicly owned utility
By Kanishka Singh Reuters A California lawmaker has introduced a bill aimed at making PG E Corp N PCG a publicly owned utility a year after liabilities from wildfires traced back to some of its equipment pushed the power producer into bankruptcy Today I m introducing legislation to force PG E to become a publi...
VZ
Tuesday Higher
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday higher ES pivot 2104 92 Holding above is bullish Rest of week bias lower technically Monthly outlook bias higher Single stock trader VZ remains a swing trade buy Recap Sunday night I called Monday as uncertain adding ...
VZ
Wednesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday uncertain ES pivot 2110 75 Holding above is bullish Rest of week bias lower technically Monthly outlook bias higher Single stock trader VZ remains a swing trade buy Recap Well what do you know about that Monday night I...
VZ
Thursday Depends On ES Pivot
The Hoot Actionable ideas for the busy trader delivered daily right up front Thursday higher only if ES remains above its pivot else lower ES pivot 2111 75 Holding above is bullish Friday bias lower technically Monthly outlook bias higher Single stock trader VZ a hold Recap As sometimes happens events c...
VZ
Tuesday Uncertain
The Hoot Actionable ideas for the busy trader delivered daily right up front Tuesday uncertain ES pivot 2110 00 Holding above is bullish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ not a buy Recap Once again the conditional called worked nicely with ES wa...
VZ
Wednesday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Wednesday lower ES pivot 2110 00 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ still not a buy Recap I thought something seemed fishy about this market Mond...
VZ
Monday Lower
The Hoot Actionable ideas for the busy trader delivered daily right up front Monday lower ES pivot 2079 92 Holding below is bearish Rest of week bias uncertain technically Monthly outlook bias higher Single stock trader VZ may be a buy soon Recap Last Thursday I made a conditional call for the Dow based o...
XOM
Reuters Petronas pitching 1B stake in Malaysian offshore gas project
Malaysia s Petronas is seeking buyers for a 1B stake in a prized upstream local gas project to a dozen or so potential bidders including Royal Dutch Shell LON RDSa RDS A RDS B Exxon Mobil NYSE XOM Thailand s PTT and Japanese companies Reuters reports Petronas is looking for partners who can bring the tec...
XOM
White House accuses Russia of deflecting blame on Syria attack
By Steve Holland and Andrew Osborn WASHINGTON MOSCOW Reuters The United States accused Russia on Tuesday of trying to shield Syria s leader from blame for a deadly poison gas attack last week as U S Secretary of State Rex Tillerson brought a Western message to Moscow condemning its support for Syrian President Ba...
XOM
U S Secretary of State Tillerson made 27 4 million last year at Exxon company
By Ernest Scheyder HOUSTON Reuters U S Secretary of State Rex Tillerson received compensation worth 27 4 million last year when he was chief executive of Exxon Mobil Corp NYSE XOM the world s largest publicly traded oil producer regulatory filings showed on Thursday He and other senior executives got raise...
XOM
Paris climate agreement in focus
Top White House advisers will meet today over whether to recommend President Trump withdraw the United States from the Paris climate accord Ivanka Trump and her husband Jared Kushner have urged the President to stay in the deal along with SecState Tillerson Exxon Mobil NYSE XOM Shell LON RDSa RDS A RDS B BP...
XOM
Dutch to cut Groningen gas production to lower earthquake risk
The Netherlands will cut production of its Groningen gas field by 10 beginning in October to limit the risk of earthquakes the country s economy minister says Production would be reduced to 21 6B cm year from 24B cm year as a first step according to the minister output has been cut several times from 53 9B cm in 2...
XOM
PetroChina PTR Q3 Earnings Battered By Crude Plunge
Chinese energy giant PetroChina Co Ltd NYSE PTR announced third quarter 2016 earnings of RMB 1 2 billion or RMB 0 01 per diluted share compared with RMB 5 2 billion or RMB 0 03 per diluted share a year earlier Earnings per ADR came in at 15 cents failing to beat the Zacks Consensus estimate of 29 cents Moreov...
PCG
PG E upgraded at Mizuho as Kincade Fire costs look manageable
PG E PCG 5 9 appears headed for a fourth straight gain as Mizuho upgrades shares to Buy from Neutral with a 22 price target reflecting an increased likelihood that the utility will emerge from bankruptcy by the end of June If PG E does exit by June 30 any future wildfire costs should be partly covered by the ...