July 24, 2020
“Oil and gas majors are likely to report “horrendous” second-quarter results over the next two weeks, energy analysts have told CNBC, with the three-month period through to the end of June widely expected to mark the “low point” of 2020…… Continue Reading…
July 8, 2020
“TOP Ships Inc. (the “Company”) (NASDAQ:TOPS) announced today that it has entered into a placement agency agreement with Maxim Group LLC relating to the sale of the Company’s common shares (the “Placement Agency Agreement”). Pursuant to the Placement Agency Agreement,… Continue Reading…
July 2, 2020
“Energy company BP said Monday that its global workforce will be trimmed by 10,000 jobs… Chief Executive Bernard Looney said that the roles will be office-based and come mostly this year. The company’s current global workforce is 70,000. The changes… Continue Reading…
April 24, 2020
“Shares of Chesapeake Energy tore higher again on Friday, adding to gains of more than 90% in the past three days, after the oil and hydrocarbon driller announced it adopted a poison pill to thwart any takeover attempts spurred by… Continue Reading…
January 29, 2020
“Shares of Chesapeake Energy Corp. CHK, +7.87% soared 8.3% in premarket trading Wednesday, to bounce off the previous session’s 26-year low, after the oil and gas company provided a preliminary fourth-quarter production update… Chesapeake said it eliminated $900 million in debt, reduced expenses… Continue Reading…
January 8, 2020
I’m going to keep this short and sweet. If any of you fear losing money in the stock market because of whats happening in the middle east don’t be scared. A safe bet would be to move your money over… Continue Reading…
December 12, 2019
“Exxon investors’ long-time suffering may end in the New Year. Oil and gas giant ExxonMobil (NYSE: XOM) could soon go from bleeding cash to gushing profits, with some serious upside. Bank of America Merrill Lynch has even tapped XOM as its top 2020… Continue Reading…
April 12, 2019
“Canada’s oil and gas industry could shed another 12,500 and more jobs this year, which would bring the total job losses over the past five years to 23 percent of the 2014 total, which stood at 226,500. These are among… Continue Reading…
March 19, 2019
“Since early February, gasoline demand has been steadily increasing while stocks have been gradually decreasing causing more expensive pump prices across the country,” said Jeanette Casselano, AAA spokesperson. “The good news is most motorists are not paying more than they… Continue Reading…
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