Financial News · Live Terminal

Page 24 of 72

PBF Energy Plans $500 Million Senior Notes Offering Due 2034

PBF Energy's (PBF) subsidiary PBF Holding plans to offer $500 million of senior notes due 2034 in a private placement, the company said Tuesday.The company said the proceeds, together with cash on hand, will be used to fully redeem its 6.00% senior notes due 2028.

$PBF

Equities29d ago

Intesa Sanpaolo Boosts BP PT, Maintains Neutral Rating

Intesa Sanpaolo on Tuesday increased the price target for British oil and gas company BP (BP.L) to 5.98 pounds sterling from 4.63 pounds, while keeping its neutral rating.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$BP.L

Equities29d ago

Danske Bank Downgrades Frontline to Hold, Reduces PT

Danske Bank on Tuesday downgraded oil tanker shipping company Frontline plc (FRO.OL) to hold from buy and lowered its price target to 365 Norwegian kroner from 400 kroner.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$FRO.OL

Equities29d ago

Barclays Upgrades Occidental Petroleum to Overweight From Equal Weight, Adjusts PT to $72 From $59

Occidental Petroleum (OXY) has an average rating of Hold and mean price target of $65.33, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$OXY

Equities29d ago

Barclays Downgrades Expand Energy to Equalweight From Overweight, Price Target is $127

Expand Energy (EXE) has an average rating of buy and mean price target of $132.19, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$EXE

Equities29d ago

BofA Securities Adjusts Price Target on Marathon Petroleum to $260 From $224

Marathon Petroleum (MPC) has an average rating of overweight and mean price target of $266.18, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$MPC

Equities29d ago

Ecopetrol Begins Tender Offer for 25% Stake in Brava Energia

Ecopetrol's (EC) Brazilian unit launched a voluntary tender offer to acquire about a 25% stake in Brava Energia at $23 Brazilian real ($4.59) per share, representing 116.1 million shares, Ecopetrol said Tuesday.The offer represents a roughly 20.9% premium to the 90-day volume-weighted average price and is part of a broader deal that could give Ecopetrol a 51% controlling stake.The tender offer will remain open until June 25, it added.

$EC

Equities29d ago

Correction: BP Board Removes Manifold as Chair

(Corrected story to reflect the announcement was made on Tuesday.)BP (BP) said Tuesday that its board unanimously decided to remove Albert Manifold as chair and director, effective immediately."This follows serious concerns raised to the Board related to important governance standards, oversight and conduct," BP said.The board appointed Ian Tyler as interim chair, effective immediately, the company said.

$BP

Equities29d ago

Barclays Adjusts Price Target on EOG Resources to $153 From $140, Maintains Equalweight Rating

EOG Resources (EOG) has an average rating of overweight and mean price target of $160.62, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$EOG

Equities29d ago

Barclays Adjusts Diamondback Energy Price Target to $232 From $225, Maintains Overweight Rating

Diamondback Energy (FANG) has an average rating of overweight and mean price target of $233.03, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$FANG

Equities29d ago

Barclays Adjusts Devon Energy Price Target to $62 From $54, Maintains Overweight Rating

Devon Energy (DVN) has an average rating of overweight and mean price target of $61.04, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$DVN

Equities29d ago

Barclays Adjusts Price Target on APA to $41 From $35, Maintains Equalweight Rating

APA (APA) has an average rating of hold and mean price target of $43.78, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$APA

Equities29d ago

Barclays Adjusts Exxon Mobil Price Target to $182 From $163, Maintains Overweight Rating

Exxon Mobil (XOM) has an average rating of overweight and mean price target of $169.50, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$XOM

Equities29d ago

BP Removes Chair Over Governance, Conduct Concerns

BP's (BP.L) board unanimously decided to terminate the employment of Albert Manifold as chair due to governance standards, oversight, and conduct concerns.The British energy major appointed Ian Tyler as interim chair, according to a Tuesday filing. The appointment is effective immediately.

$BP.L

Equities29d ago

Barclays Adjusts Price Target on Chevron to $213 From $192, Maintains Equalweight Rating

Chevron (CVX) has an average rating of overweight and mean price target of $215.18, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$CVX

Equities29d ago

Barclays Adjusts ConocoPhillips Price Target to $155 From $136, Maintains Overweight Rating

ConocoPhillips (COP) has an average rating of overweight and mean price target of $143.88, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$COP

Equities29d ago

BP Board Removes Manifold as Chair

BP (BP) said Monday that its board unanimously decided to remove Albert Manifold as chair and director, effective immediately."This follows serious concerns raised to the Board related to important governance standards, oversight and conduct," BP said.The board appointed Ian Tyler as interim chair, effective immediately, the company said.

$BP

Equities29d ago

BP Board Removes Manifold as Chair

$BP

Equities29d ago

BP Removes Chair Over Governance, Conduct Concerns

$BP.L

Equities29d ago

Baker Hughes Extends Petrobras Deepwater Drilling Contract in Brazil

Baker Hughes (BKR) said Tuesday it has extended its contract with Petrobras (PBR) to provide integrated well construction services in Brazil's Santos Basin.The company said it will supply drilling and well construction technology, including its rotary steerable system, logging-while-drilling tools and extended-life drill bits, to support deepwater development of pre-salt oil and gas fields.Financial terms were not disclosed.Shares of Baker Hughes were 0.7% lower in premarket trading.

$BKR$PBR

Showing 461-480 of 1433