Energy
QEP Resources: BuyBacks, Divestitures and Move to Permian Basin Will Payoff
QEP Resources (NYSE:QEP) has been working on several strategic initiatives to streamline its asset portfolio and strengthen the balance sheet; the shift is meant to move the company towards high margin oil plays. The company ... [Read]
Energy
California Resources Corporation Posts Q4 Report, Stock Plunges
Looks like Fitbit (NYSE:FIT) and Nutrisystem (NASDAQ:NTRI) aren’t the only companies experiencing a plunge in their stock price after posting disappointing quarterly reports and full-year forecasts. The latest to join the fitness tracker company and ... [Read]
Energy
Lower Costs and Higher Oil Prices Supports Denbury Share Price
Denbury Resources (NYSE:DNR) has successfully reduced its cost structure to the lowest level in the last nine years, leading the company to double its cash generation potential compared to the past quarter. DNR shares rose ... [Read]
Energy
Whiting Petroleum Is Set to Grow Amid Operational Strategies
Whiting Petroleum Corporation (NYSE:WLL) continues impressing investors with its strong operational performance. The stability in oil prices adds to the company’s financial performance and trader’s sentiments. Whiting Petroleum shares rose 25% today following stronger ... [Read]
Energy
ION Geophysical Corporation Shares Rose 325%, Here’s Why.
ION Geophysical Corporation (NYSE:IO) has been gaining significant momentum over the last year. IO stock surged more than 325% in the past twelve months alone. ION Geophysical is an oilfield services company. The improving oil ... [Read]
Energy
Keane Shares Are on Momentum With More Upside Potential
Keane Group (NYSE:FRAC) share price soared 47% in the last eight months after bottoming around $12 a share at the end of the first quarter. The company’s stock is currently trading around $19 a share ... [Read]
Energy
ION Geophysical Corp Stock is Soaring – Here’s Why
ION Geophysical Corp (NYSE:IO) is among the biggest gainers over the last few months. IO stock price increased more than 58% in the last month alone, soaring close to 140% in the last three months. ... [Read]
Energy
Northern Oil & Gas Stock Is Up 283% – Here’s What to Expect?
Northern Oil & Gas (NYSE:NOG) stock price has been rebounding over the last three months, supported by the price target revisions, positive industrial dynamics and improving financial numbers. Its share price bounced back strongly after ... [Read]
Energy
Noble Corporation Ordinary Shares Downgraded By Moody’s After Securing $1.5 Billion Credit Facility
Noble Corporation Ordinary Shares (NYSE:NE) cash balance has received a major boost after the company’s wholly owned subsidiaries entered into agreements with certain lenders for a new credit facility. The agreements pave way for the ... [Read]
Energy
Precision Drilling Corporation Increased Almost 10% Mid-Morning, Here’s Why
On Wednesday, as of this writing, shares of Precision Drilling Corporation (TSE:PD) (NYSE:PDS) are up 6.57% and is currently trading at $2.68. Yahoo Finance has reported Precision Drilling Corporation’s market capitalization to be $794.52 million. ... [Read]