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Oil Rig Counts Could Keep Falling In America: Here's Why
Thursday, August 13, 2015 - 7:56am | 369Read More...According to Walt Chancellor at Macquarie Research, a combination of "resilient supply and continuing productivity gains" will provide headwinds to oil drilling demand. The impact: U.S. oil production may not stabilize until mid-2017, Chancellor said. Looking into the near-term...
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What TD Ameritrade Investors Bought And Sold Last Month
Tuesday, August 11, 2015 - 11:22am | 491Read More...TD Ameritrade released its monthly Investor Movement Index, showing that its clients were "strong net buyers" of equities in July. TD said that clients also increased their equity exposure during the month. Popular amongst the buys were oil producers and stocks that have performed well...
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Chesapeake Energy Continues Asset Sales to Pay Down Debt
Wednesday, September 12, 2012 - 12:11pm | 260Read More...Chesapeake Energy (NYSE: CHK) announced that it has reached an agreement to sell gas fieilds in the Permian basin and other assets for $6.9 billion. The Oklahoma City company needs to sell some of its oil and gas interests to fill a funding gap that analysts estimate at $4 billion in 2013. The...
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MLV Starts Coverage on Crimson Exploration, Gives Buy Rating and $5.50 PT
Wednesday, April 4, 2012 - 9:49am | 134Read More...In a report issued earlier today, MLV & Co announced that it is initiating coverage on Crimson Exploration Inc. (NASDAQ: CXPO), giving the stock a Buy rating and setting a price target of $5.50. MLV went on to say in the report “Our NAV [Net Asset Value], based upon proved reserves, working...
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MLV Starts Coverage on Crimson Exploration, Gives Buy Rating and $5.50 PT
Wednesday, April 4, 2012 - 9:49am | 134Read More...In a report issued earlier today, MLV & Co announced that it is initiating coverage on Crimson Exploration Inc. (NASDAQ: CXPO), giving the stock a Buy rating and setting a price target of $5.50. MLV went on to say in the report “Our NAV [Net Asset Value], based upon proved reserves, working...
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Oppenheimer's First Look At CHK Earnings
Tuesday, May 3, 2011 - 8:05am | 115Read More...In a first look at Chesapeake Energy Corporation (NYSE: CHK), Oppenheimer reports that adjusted earnings of $561M, or $0.75/sh, “were $0.05/sh above consensus estimates, down 9% from a year ago, but up 7% sequentially.” “Production was up 20% from a year ago, with liquids up 56%, but the average...
