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Spanish Company Continues Exploration Success
Friday, May 12, 2023 - 4:33pm | 1628Read More...Source: Streetwise Reports 05/11/2023 Emerita Resources Corp. (OTCMKTS: EMOTF) has released assay results from its drilling on the La Romanara deposit in the Iberian Belt West project. The company has indicated that it has plans to release an updated Mineral Resource...
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Patterson-UTI Energy: Recent Weakness Reveals Relative Opportunity
Tuesday, September 5, 2017 - 10:46am | 346Read More...Shares of Patterson-UTI Energy, Inc. (NASDAQ: PTEN) have lost around 40 percent since the start of 2017, highlighted by a 26-percent decline since July 19, analysts at JPMorgan said in a research report. As such, the firm's Sean Meakim now sees Patterson-UTI's stock as being attractive enough to...
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Precision Drilling Upgraded At Jefferies Citing Dwindling Downside Risk
Tuesday, September 6, 2016 - 10:33am | 340Read More...Since its peak on June 8, Precision Drilling Corp (USA) (NYSE: PDS) shares have underperformed the OSX by 1,300 bps, its land driller peers by 1,800 bps and the S&P 500 by 2,875 bps. Jefferies’ Brad Handler upgraded the rating on the company from Underperform to Hold, while raising the...
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Morgan Stanley Upgrades Helmerich & Payne To Equal Weight
Tuesday, September 6, 2016 - 9:15am | 345Read More...Morgan Stanley has upgraded Helmerich & Payne, Inc. (NYSE: HP) to Equal Weight, as it sees the company as a defensive play within the sector, particularly relative to challenged offshore names. "Data points from our conference suggest relative tightness in pockets of the high-spec rig market...
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Obama Reverses Course On Atlantic Drilling
Tuesday, March 15, 2016 - 12:12pm | 545Read More...According to a recent Bloomberg article, President Obama may be reversing his position on drilling for oil and gas in the Atlantic, and the move may be pushing oil stocks down on Tuesday. Obama's initial proposal recommended offshore drilling for oil from Georgia to Virginia and marked "the second...
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Energen Drops 6% After Company Announces Common Stock Offering
Wednesday, February 17, 2016 - 11:39am | 115Read More...Shares of Energen Corporation (NYSE: EGN) lost more than 6 percent on Wednesday after the company announced that it plans on launching a common stock offering of 12 million shares. Energen did not declare an issuing price, but did note that it will use the proceeds for the repayment of borrowings...
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Oil Stocks Are Surging
Wednesday, April 15, 2015 - 12:22pm | 495Read More...A report by the U.S. government on Wednesday indicated that crude supplies rose 1.29 million barrels last week, marking the smallest weekly gain since the seven-day period ending January 2. Analysts were expecting a gain of 3.6 million barrels for the week. The report, issued by the Energy...
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New Drilling Technologies Reshape Oil World
Thursday, September 29, 2011 - 6:18pm | 429Read More...1. REUTERS -- "Oil output from shale prospects in unconventional sources from North Dakota to Texas could reach 1.5 million to 2 million barrels-per-day (bpd) in the coming five to seven years, twice as much as the 700,000 bpd currently produced in these places." 2. NATIONAL GEOGRAPHIC -- "Oil...
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Stronghold Metals Drills 24.19 Metres at 9.10 g/t Au
Tuesday, September 27, 2011 - 10:36am | 3714Read More...The Company Reports Further Analytical Results From its Drilling Program at the Eagle Mountain Gold Project in Guyana VANCOUVER, BRITISH COLUMBIA–(Marketwire – Sept. 26, 2011) - Stronghold Metals Inc. (“Stronghold” or the “Company“) (TSX VENTURE:Z)(OTCQX:SDMTF)(FRANKFURT:E9X), is pleased to provide...
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Drill, Drill, Drill = Jobs, Jobs, Jobs
Friday, September 9, 2011 - 2:00pm | 195Read More...Rep. Jeff Landry (R-LA) during Obama's speech last night. Statement from Rep. Landry: "By allowing the hard-working people in the Gulf of Mexico to ply their trade, we can save 25,000 job. And by lifting the ban on new offshore drilling, we could create 1.2 million jobs. Mr. President...
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Drill, Drill, Drill Jobs Plan: +1.4 Million Jobs, $800 Billion in Revenue and Increased Energy Security
Wednesday, September 7, 2011 - 3:10pm | 637Read More...With more than 20 million Americans unemployed (14 million) or working-part time and unable to find full-time employment (8.5 million), there is obviously nothing more important economically today than job creation. The topic of jobs will likely be one of the main topics at the Republican...
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Today's Top Small Cap Winners: Oil and Gas Drillers (+3.5%)
Thursday, January 14, 2010 - 6:23pm | 180Read More...What do Pioneer Drilling Company, Rex Energy Corporation, Vanguard Natural Resources, LLC, Kodiak Oil & Gas Corp., and Gulf Island Fabrication, Inc. have in common? Two things. The first is, they're all small cap oil drillers/explorers. The second (and more important) is they're part of the...
