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Goldman Sachs On Oil: 5 Key Topics You Need To Know
Monday, September 19, 2016 - 11:42am | 501Read More...Neil Mehta of Goldman Sachs recently discussed five key debate topics concerning the oil sector. According to Mehta's research note, the past five years have certainly been "challenging" for major oil players given the decline in oil prices, project cost over-runs and poor volume growth. However,...
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Occidental Petroleum CEO Says Crude Downturn Has 3-Year Lifespan, Industry Is Halfway Through Current Cycle
Tuesday, February 23, 2016 - 11:37am | 238Read More...According to Reuters, Occidental Petroleum Corporation (NYSE: OXY)'s CEO issued some cautious commentary over the crude oil sector. Stephen Chazen, Occident's CEO spoke at an industry conference on Monday. The executive's comments focused on companies that that borrowed heavily when...
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ConocoPhillips Tumbles Following Poor Q4 Print
Thursday, February 4, 2016 - 9:49am | 338Read More...Shares of ConocoPhillips (NYSE: COP) were trading lower by more than 5 percent early Thursday morning after the company reported its fourth-quarter results. ConocoPhillips said that it lost $0.90 per share in the fourth quarter on revenue of $6.77 billion. Wall Street analysts were expecting the...
