&l;p&g;Oil cartel OPEC just about managed to keep all of its members onside and attempted to convince the wider market it was bringing more crude barrels to the market, following the conclusion of its latest ministers&s; meeting in Vienna, Austria on Friday (June 22).
Back in November 2016, OPEC initiated its &l;a href=&q;http://www.forbes.com/sites/gauravsharma/2016/11/30/despite-opecs-output-cut-oil-market-rebalancing-has-some-distance-to-run/&q;....More>>>
For a few years now, as I was covering the shale industry, I made it a point to highlight the need to pay very close attention to differing acreage quality within companies and between companies. It is a very important indicator of future profitability, which has been a very contentious issue in the past few years, as well as production growth prospects.
Federal investigators have halted an alleged student loan debt relief scam that bilked more than $11 million from consumers nationwide.
Strategic Student Solutions and several related companies falsely promised to reduce or eliminate student loan debt and also offered the borrowers non-existent credit repair services, in exchange for upfront fees and monthly payments, the Federal Trade Commission....More>>>
Former Venezuelan oil minister Rafael Ramirez, already accused of corruption by his own country, now faces a lawsuit from a Houston energy firm alleging that it lost almost half a billion dollars over its refusal to pay bribes for contracts.
Harvest Natural Resources Inc. said that because it rebuffed four separate $10 million bribe demands from associates of Ramirez, Venezuela’s power....More>>>
Shares of a handful of small independent oil and gas producers, as well as a number of smaller oilfield service and equipment providers fell more than 10% on May 25.Profire Energy, Inc.(NASDAQ:PFIE), which manufactures burner management systems for oil and gas companies, fell 14.5%, while offshore energy industry transportation specialistBristow Group Inc(NYSE:BRS) fell 12.6%.....More>>>
Dividends are a cash return on your investment in a stock — effectively, companies are paying you to own their shares. Since you own part of the companies in which you are investing, and thus have a right to a portion of the earnings, it only makes sense that you should expect a piece of the action via a dividend payment. Here are three companies that take returning cash to shareholders very....More>>>
SAUSALITO, Calif. Maurizio Reggiani, the director of research and development for storied Italian supercar builder Lamborghini, takes in the knife-edge lines of his latest creation, the $275,000 Huracan Performante. He is pleased.
“This car represents so much of what we are,” says Reggiani, who joined CEO Stefano Domenicali for a breakfast interview with USA TODAY Tuesday. “We....More>>>
It may be a new year, but Russia makes no secret of its long-term dissatisfaction with U.S. politics, the dollar and, by extension, U.S. monetary hegemony in the world.
Russia has been under U.S./Western economic sanctions for over three years. Meanwhile, oil prices have been lower for longer, as the saying goes, due to global competition for market share from U.S. fracking. The overall impact....More>>>
BidaskClub upgraded shares of BancFirst (NASDAQ:BANF) from a buy rating to a strong-buy rating in a research report sent to investors on Thursday.
BANF has been the subject of several other reports. Zacks Investment Research upgraded shares of BancFirst from a hold rating to a buy rating and set a $65.00 target price for the company in a research report on Monday, April 23rd. ValuEngine upgraded....More>>>
Brookfield Infrastructure Partners (NYSE:BIP) owns and operates infrastructure assets. The company operates utilities, transport, energy, and communication infrastructure assets in North and South America, Australia and Europe.
The company has a been a superior source of recurring cash flows through its business lines and continues to find quality assets around the world. For the most part,....More>>>
Mid cap airlines stock JetBlue Airways Corporation (NASDAQ: JBLU) reported Q4 2017 earnings before the market opened this morningwith the top line beating expectations, the the bottom line fell short. Q4 operating revenueswere $1.756 billion versus $1.641 billion as revenue passenger miles increa
Hurricane Maria may be leaving a trail of destruction across Puerto Rico, its not destroying Puerto Rican stocks. Then again, Puerto Rico stocks have not been doing all that much sincelong before the hurricane as the Commonwealth remains mired in a government debt crisis and bond defaults (albeit
Small cap textbook stock Chegg Inc (NYSE: CHGG) reported Q2 2017 earnings after the market closed Tuesday with thestock having been shorted for some time and still having elevated short interest of 32.22% according to Highshortinterest.com. Total net revenuesrose 6% to$56.3 million as Chegg Servi