Sector Update: Energy Stocks Rise in Friday Afternoon Trading
Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index increasing 0.2% and the Energy Select Sector SPDR Fund (XLE) up 0.3%.The Philadelphia Oil Service Sector index was
Seeking Alpha's Top Quant Picks in Energy and Utilities as Q2 Earnings Approaches
Sector Update: Energy
Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index increasing 0.2% and the Energy Select Sector SPDR Fund (XLE) up 0.1%.The Philadelphia Oil Service Sector index was
Top Midday Stories: Big Banks Commence Q2 Earnings Season; AT&T Discloses April Cyberattack on Customer Data; FTC Requests More Info on ConocoPhillips-Marathon Oil Merger
Deals of the Day-Mergers and Acquisitions
Conocophillips (COP.US) and Marathon Oil (MRO.US) are facing another review of their trade as the FTC requests acquisition information for the second time.
ConocoPhillips said on Friday that it has received a second request from the U.S. Federal Trade Commission (FTC) for information related to its acquisition of rival Marathon Oil (MRO.US).
Scotiabank Adjusts ConocoPhillips' PT to $120 From $135
ConocoPhillips (COP) has an average rating of outperform and price targets ranging from $112 to $165, according to analysts polled by Capital IQ.Price: 114.37, Change: +0.38, Percent Change: +0.33
ConocoPhillips, Marathon Receive Second Request From FTC In Connection With Merger Review
Scotiabank Maintains ConocoPhillips(COP.US) With Hold Rating, Cuts Target Price to $120
Scotiabank analyst Paul Cheng maintains $ConocoPhillips(COP.US)$ with a hold rating, and adjusts the target price from $135 to $120.According to TipRanks data, the analyst has a success rate of 48.3%
ConocoPhillips, Marathon Oil Get Second US FTC Request Over $22.5 Billion Deal
Express News | Conocophillips : Scotiabank Cuts Target Price to $120.00 From $135.00
Express News | Conocophillips: Conocophillips and Marathon Continue to Work Constructively With FTC in Its Review of Merger - SEC Filing
Express News | Conocophillips: Continue to Expect That Merger Will Be Completed in Q4 of 2024
Express News | Conocophillips: Conocophillips and Marathon Each Received a Request for Additional Information and Documentary Materials From Federal Trade Commission
ConocoPhillips (COP) Gains As Market Dips: What You Should Know
Tudor Pickering Holt & Co. Adjusts Price Target on ConocoPhillips to $137 From $139, Maintains Buy Rating
ConocoPhillips (COP) has an average rating of outperform and price targets ranging from $112 to $165, according to analysts by Capital IQ.Price: 113.13, Change: +0.60, Percent Change: +0.53
Calculating The Fair Value Of ConocoPhillips (NYSE:COP)
Key Insights ConocoPhillips' estimated fair value is US$120 based on 2 Stage Free Cash Flow to Equity ConocoPhillips' US$113 share price indicates it is trading at similar levels as its fair value
3 Energy Companies to Gain on Rock Solid Balance Sheet
The price of West Texas Intermediate (WTI) crude oil is trading at more than the $80 per barrel mark and is likely to remain strong this year.
U.S. Natural Gas Futures Lower Ahead of Storage Report -- Market Talk
U.S. natural gas futures are lower ahead of the EIA's weekly storage report which is likely to show a minimal reduction in the inventory surplus.
OPEC Monthly Report: Oil supply shortages may occur in the coming months as countries such as Russia have not yet fulfilled their production cuts.
On Wednesday, according to the latest monthly report from OPEC, although Russia significantly reduced its crude oil production in June, the three main OPEC+ members, Russia, Iraq, and Kazakhstan, still supply tens of thousands of barrels per day more than their quotas set earlier this year.