BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Apache Purchasing Some of BP's Assets]]>http://www.bloggingstocks.com/2010/07/21/apache-purchasing-some-of-bps-assets/http://www.bloggingstocks.com/2010/07/21/apache-purchasing-some-of-bps-assets/http://www.bloggingstocks.com/2010/07/21/apache-purchasing-some-of-bps-assets/#commentsFiled under: ,

BP (BP) announced Tuesday that it completed a sale of assets to Apache (APA). The assets sold were in North America and Egypt and carried a price tag of $7 billion. Previous reports indicated Prudhoe Bay was up for sale, but it turned out not to be the case.

According to APA, which has a knack for purchasing older oil wells and squeezing some more money from them, this purchase was a "rare opportunity to acquire legacy positions from a major oil company." The company's CEO, Steven Farris, noted that the company "seldom have an opportunity like this in one o our core areas let along three," adding that Apache will add value to the assets "for decades to come."

Continue reading Apache Purchasing Some of BP's Assets

Apache Purchasing Some of BP's Assets originally appeared on BloggingStocks on Wed, 21 Jul 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaApacheBPinthenewsoiloil assetspurchasesTony HaywardWed, 21 Jul 2010 11:30:00 EST<![CDATA[Energy Favorites: Apache, Schlumberger and others]]>http://www.bloggingstocks.com/2010/07/14/energy-favorites-apache-schlumberger-erf-slb-kmp/http://www.bloggingstocks.com/2010/07/14/energy-favorites-apache-schlumberger-erf-slb-kmp/http://www.bloggingstocks.com/2010/07/14/energy-favorites-apache-schlumberger-erf-slb-kmp/#commentsFiled under: , ,

"There will be short term anomalies in oil prices; but long term, the world's appetite will increase as supply decreases," says resources expert Curtis Hesler.

The editor of The Professional Timing Service explains, "There is an acceleration phase coming in these markets that will be suddenly set off by a surprise incident. The time to invest for that eventuality is during market weakness when fear is the ruling emotion.

"My favorite major is Apache Corp. (APA). The stock is trading under our downside buy price of $95, and there should be some support at $80. If you are going to own a major oil producer, Apache is the one.

Continue reading Energy Favorites: Apache, Schlumberger and others

Energy Favorites: Apache, Schlumberger and others originally appeared on BloggingStocks on Wed, 14 Jul 2010 10:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaapachebgrblackrock Energy and Resources Trustenergy stocksenerpluserffeaturedresource stocksschlumbergerthestockadvisors.comWed, 14 Jul 2010 10:30:00 EST<![CDATA[BP Shares Climb on Reports of Asset Sale; Oil Spill Costs Climb Too]]>http://www.bloggingstocks.com/2010/07/12/bp-shares-climb-on-reports-of-asset-sale-oil-spill-costs-climb/http://www.bloggingstocks.com/2010/07/12/bp-shares-climb-on-reports-of-asset-sale-oil-spill-costs-climb/http://www.bloggingstocks.com/2010/07/12/bp-shares-climb-on-reports-of-asset-sale-oil-spill-costs-climb/#commentsFiled under: , ,

BP (BP) shares opened up over 4%. The Wall Street Journal reported the oil giant is in talks with U.S. oil and gas company Apache (APA) and other companies over potential asset sales. The talks are part of the steps BP is taking as it is considering how to pay for the massive oil spill in the Gulf of Mexico.

The Sunday Times earlier reported that BP is in talks to sell up to $12 billion of assets to Apache. The WSJ said on Sunday a deal with Apache could be up to $10 billion and could include stakes in BP's Alaskan oil fields. The Times also mentioned that the Obama administration told Exxon Mobil (XOM) it wouldn't interfere with a bid.

Continue reading BP Shares Climb on Reports of Asset Sale; Oil Spill Costs Climb Too

BP Shares Climb on Reports of Asset Sale; Oil Spill Costs Climb Too originally appeared on BloggingStocks on Mon, 12 Jul 2010 10:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaapachebpdeepwater horizonExxonfeaturedinthenewsoil spilloil spill cleanup costsXOMMon, 12 Jul 2010 10:00:00 EST<![CDATA[Serious Money: The Cost of Pushing Chinese Yuan Higher]]>http://www.bloggingstocks.com/2010/04/22/serious-money-the-cost-of-pushing-chinese-yuan-higher/http://www.bloggingstocks.com/2010/04/22/serious-money-the-cost-of-pushing-chinese-yuan-higher/http://www.bloggingstocks.com/2010/04/22/serious-money-the-cost-of-pushing-chinese-yuan-higher/#commentsFiled under: , , , , , , , , ,

"Be careful what you wish for" goes the ancient Chinese proverb. The United States government, pushed and prodded by its industrial leaders to get the Chinese to raise the value of the Yuan, should heed these wise words.

The goal, of course, is to make U.S. goods and services cheaper, thereby improving the balance of trade. The problem is that it makes everything cheaper.

It is true that it would support the remaining manufacturing base, software companies, commodities and consulting services. However, this is but a portion of what we have to offer.

What happens if the Yuan increases by 20% against the dollar, and they decide to buy International Business Machines (IBM) the company, not just IBM mainframes? This is not so far fetched. Lenovo bought the ThinkPad notebook computer division from IBM and now it sells Lenovo ThinkPads to us. They would be able to buy IBM 20% cheaper than you or I could buy it.

Continue reading Serious Money: The Cost of Pushing Chinese Yuan Higher

Serious Money: The Cost of Pushing Chinese Yuan Higher originally appeared on BloggingStocks on Thu, 22 Apr 2010 14:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Anadarko Petroleumapacheapartmentapcbalance of tradeChinaChinese competitioncurrencyFfordibminternational business machinesjobsLevovomarathon oilMROSheldon LiberThinkpadyuanyuan imbalanceThu, 22 Apr 2010 14:00:00 EST<![CDATA[Analyst Calls: ABFS, APA, CSTR, ESL, MGM, POT, SAI, TIVO, UL, ZION ...]]>http://www.bloggingstocks.com/2010/04/20/analyst-calls-mgm-pot-tivo-zion/http://www.bloggingstocks.com/2010/04/20/analyst-calls-mgm-pot-tivo-zion/http://www.bloggingstocks.com/2010/04/20/analyst-calls-mgm-pot-tivo-zion/#commentsFiled under: , , , ,

Analyst Upgrades

  • Soleil upgraded Potash (POT) to hold from sell due to valuation. The firm maintains a $100 price target for shares.
  • FBR Capital upgraded Arkansas Best (ABFS) to market perform from underperform after the company reached a tentative agreement with the Teamsters to amend its existing contract to include a 15% wage concession. The firm has a $34 price target for shares.
  • Keefe Bruyette upgraded Zions Bancorp (ZION) to market perform from underperform following the company's Q1 results and raised its target for shares to $25 from $17.
  • Apache (APA) was upgraded to outperform from neutral at Macquarie.
  • MGM Mirage (MGM) wasupgraded to conviction buy from buy at Goldman.
  • Monster Worldwide (MWW) was upgraded to outperform from neutral at Credit Suisse.

Continue reading Analyst Calls: ABFS, APA, CSTR, ESL, MGM, POT, SAI, TIVO, UL, ZION ...

Analyst Calls: ABFS, APA, CSTR, ESL, MGM, POT, SAI, TIVO, UL, ZION ... originally appeared on BloggingStocks on Tue, 20 Apr 2010 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ADTNanalyst upgradesAPAApacheCNQRCoinstarCSTRDLLRdowngradesESLHRinitiationsinthenewsMEMGMMonsterMWWPOTPotashSAISAICSCCOTIVOULZIONTue, 20 Apr 2010 11:00:00 EST<![CDATA[Cramer on BloggingStocks: Recognize the ludicrous pattern]]>http://www.bloggingstocks.com/2009/11/13/cramer-on-bloggingstocks-recognize-the-ludicrous-pattern/http://www.bloggingstocks.com/2009/11/13/cramer-on-bloggingstocks-recognize-the-ludicrous-pattern/http://www.bloggingstocks.com/2009/11/13/cramer-on-bloggingstocks-recognize-the-ludicrous-pattern/#commentsFiled under: , , ,

TheStreet.com's Jim Cramer says if the market made sense, you could buy retail and restaurants off the lower oil price.

Here's the pattern: We get shelled by oil. It drops to $76 or $77, all energy goes down, and it takes everything else with it. Some of tech has been spared lately because of 3Com (COMS) (Cramer's Take).

Then, in the following couple of days, oil stabilizes (but not after it hurts the oils again), rallies, and everything goes with it.

That's what's been occurring. I don't know why it's any different. In this moment in time, it's often best to buy the most hammered natural gas stocks because they come back fast. The best value is Devon (DVN) (Cramer's Take), but it simply isn't down enough. Apache (APA) (Cramer's Take) would make sense below $60, which is still a ways from here.

Continue reading Cramer on BloggingStocks: Recognize the ludicrous pattern

Cramer on BloggingStocks: Recognize the ludicrous pattern originally appeared on BloggingStocks on Fri, 13 Nov 2009 10:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>3ComAPAApacheBPCOMSDevonDVNfeaturedJim CrameroilWeatherfordWFTFri, 13 Nov 2009 10:40:00 EST<![CDATA[Technical trade #1: Apache Corp. (APA)]]>http://www.bloggingstocks.com/2009/10/10/technical-trade-1-apache-corp-apa/http://www.bloggingstocks.com/2009/10/10/technical-trade-1-apache-corp-apa/http://www.bloggingstocks.com/2009/10/10/technical-trade-1-apache-corp-apa/#commentsFiled under: ,

apache technical analysisThe U.S. dollar continues to show weakness, and oil will likely continue to be a good hedge against its further deterioration.

Apache Corp. (NYSE: APA), which is a large oil and natural gas exploration and production company, should continue to benefit from the dollar's fall.

APA fell from almost $150 in May 2008, to $51 in March. Energy prices improved, and so did this stock as it built a base on a double cup-and-handle formation.

Continue reading Technical trade #1: Apache Corp. (APA)

Technical trade #1: Apache Corp. (APA) originally appeared on BloggingStocks on Sat, 10 Oct 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaapachesam collinsstocks to buytechnical analysistechnical tradesSat, 10 Oct 2009 11:00:00 EST<![CDATA[Six technical trades targeted for big profits]]>http://www.bloggingstocks.com/2009/10/10/six-technical-trades-targeted-for-big-profits/http://www.bloggingstocks.com/2009/10/10/six-technical-trades-targeted-for-big-profits/http://www.bloggingstocks.com/2009/10/10/six-technical-trades-targeted-for-big-profits/#commentsFiled under: , , ,

technical tradesWhen selecting which stocks to buy, ratings from agencies like Standard & Poor's can be useful in creating a balanced portfolio.

But did you know technical analysis is the most accurate way to predict where a stock -- or the market for that matter -- is going?

Technical analysis is more of an art than a science, but when used correctly it can boost your profits to new heights. I took a look at stocks that S&P has a four- or five-star rating on and analyzed their charts to come up with six great technical trades for you.

Continue reading Six technical trades targeted for big profits

Six technical trades targeted for big profits originally appeared on BloggingStocks on Sat, 10 Oct 2009 09:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>apaapacheattavnetavtbacbank of americadltrdollar treefeaturedsam collinsspdr homebuilders etfstocks to buytechnical analysistechnical tradesxhbSat, 10 Oct 2009 09:00:00 EST<![CDATA[The week in preview: A glimmer at the end of the tunnel?]]>http://www.bloggingstocks.com/2009/02/15/the-week-in-preview-a-glimmer-at-the-end-of-the-tunnel/http://www.bloggingstocks.com/2009/02/15/the-week-in-preview-a-glimmer-at-the-end-of-the-tunnel/http://www.bloggingstocks.com/2009/02/15/the-week-in-preview-a-glimmer-at-the-end-of-the-tunnel/#commentsFiled under: , , ,

Among all the negative economic data that came out last week was a positive surprise: retail sales were higher in January. A fluke or a glimmer at the end of the tunnel? That may depend on whether we see any positive surprises arising from items on this week's economic calendar:

Continue reading The week in preview: A glimmer at the end of the tunnel?

The week in preview: A glimmer at the end of the tunnel? originally appeared on BloggingStocks on Sun, 15 Feb 2009 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>APAApacheAxsysAXYSCabot OilCBSCMCSACOGComcastCommunity HealthConsumer Price IndexCVS CaremarkCYHDEDeereearningsEOGEXPEExpediafeaturedFedGoodyearGTHewlett-PackardHormelhousing startsHPHPQHRLINTUIntuitJCPJCPenneyJim CramerLeading Economic IndicatorsLOWLowesMDTMedtronicMotley FoolOfficeMaxOMXPCLNPDEPricelinePrideReliance Steelretail salesRSSprint NextelUltra PetroleumUPLWAGWal-MartWalgreenWalmartWalterWFMIWhole FoodsWLTWMTSun, 15 Feb 2009 12:30:00 EST<![CDATA[The week in preview: Focus on oil and energy]]>http://www.bloggingstocks.com/2008/10/26/the-week-in-preview-focus-on-oil-and-energy/http://www.bloggingstocks.com/2008/10/26/the-week-in-preview-focus-on-oil-and-energy/http://www.bloggingstocks.com/2008/10/26/the-week-in-preview-focus-on-oil-and-energy/#commentsFiled under: , , , , , , ,

While other earnings may have disappointed last week, the news was good for oil giant ConocoPhilips (NYSE: COP). In what some took as a good sign for big oil, the Houston-based company reported that third quarter net income surged 41% year over year to $3.39 per share, and that revenue also surged 52% to $70 billion. We'll see whether the good news extends to other petroleum giants scheduled to report quarterly results this week.

Analysts surveyed by Thomson Financial are looking for BP (NYSE: BP) profits to have grown 43.2% in the most recent quarter to $2.34 per share on revenue of $109.7 billion, and Chevron Corp. (NYSE: CVX) to post earnings up 39.4% to $3.25 per share on revenue of $86.8 billion. Marathon Oil Corp. (NYSE: MRO), ExxonMobil Corp. (NYSE: XOM), and Royal Dutch Shell (NYSE: RDS.A) likewise are expected to report higher net income of $2.33 per share (sales of $23.4 billion), $2.40 per share (sales of $131.4 billion), and $2.65 per share, respectively. Even Valero Energy Corp. (NYSE: VLO) is expected to post earnings slightly higher to $1.46 per share (sales of $36.4 billion), despite the effects of Hurricane Ike. Among these companies, only BP and Valero beat earnings expectations in the previous quarter. Not surprisingly, analysts on average recommend buying all except Valero, and shares of all of these companies have recently hit 52-week lows.

Continue reading The week in preview: Focus on oil and energy

The week in preview: Focus on oil and energy originally appeared on BloggingStocks on Sun, 26 Oct 2008 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ACIAEEAlliance ResourceAllianceResourceAlliant EnergyAlpha NaturalAmerenANRAPAApacheArch CoalArlington TankersARLPATBbig oilBJ ServicesBJSBPCal DiveChesapeake EnergyChevronCHKCLFCliffs NaturalcoalConocoPhilipsCOPCVXDominion ResourcesDVRearningsearnings reportsEEPEnbridgeEntergyETRExxonExxonMobilfeaturedFirst SolarFSLRGeneral MaritimeGeneralMaritimeGLFGMRGulfmarkHESHessK-SeaKSPLNTMarathonMasseyMDUMEEMROMURMurphy OilMurphyOilNBLNexenNoble EnergyNobleEnergyNXYOccidentalOcean ShipholdingoilOSGOXYPatriot CoalPatterson-UTIPCXPDEPEGPGNPride InternationalProgress EnergyPTENRDS.ARoyal Dutch ShellScanaSCGShellSunocoSXLtankersTDWTETecoTesoroTidewaterTSOValeroVLOWalter IndustriesWECWisconsin EnergyWLTXOMSun, 26 Oct 2008 12:30:00 EST<![CDATA[The week in preview: High expectations for oil and energy]]>http://www.bloggingstocks.com/2008/07/27/the-week-in-preview-high-expectations-for-oil-and-energy/http://www.bloggingstocks.com/2008/07/27/the-week-in-preview-high-expectations-for-oil-and-energy/http://www.bloggingstocks.com/2008/07/27/the-week-in-preview-high-expectations-for-oil-and-energy/#commentsFiled under: , ,

So the earnings crunch continues, and here's a look at some companies scheduled to report results this week that are anticipated to be big winners and losers in terms of earnings growth.

Analysts surveyed by Thomson Financial expect the following to report strong earnings growth when compared to the same period of the previous year.

Clearly expectations are high for oil and energy. Other companies expected to report double-digit earnings growth include Chevron Corp. (NYSE: CVX), CVS Caremark Corp. (NYSE: CVS), NYSE Euronext Inc. (NYSE: NYX), Verizon Communications Inc. (NYSE: VZ), and Aetna Inc. (NYSE: AET).

Continue reading The week in preview: High expectations for oil and energy

The week in preview: High expectations for oil and energy originally appeared on BloggingStocks on Sun, 27 Jul 2008 12:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AETAetnaAPAApacheAvonAVPChevronCorningCVSCVXDreamWorksDWAearningsEastman KodakEKEOGEuronextExxon MobilGoodyearGTHESHessJAVAKodakMarathanMCOMDPMeredithMETMetlifeMoodysMROMURMurphyNoble EnergyNYSENYXOffice DepotOPDSNESonySun MicrosystemsTSNTysonUS SteelVerizonVZWashington PostWPOXOMSun, 27 Jul 2008 12:30:00 EST<![CDATA[Earnings highlights: Countrywide, Visa, MasterCard, KBR, Office Depot and others]]>http://www.bloggingstocks.com/2008/05/03/earnings-highlights-countrywide-visa-mastercard-kbr-office/http://www.bloggingstocks.com/2008/05/03/earnings-highlights-countrywide-visa-mastercard-kbr-office/http://www.bloggingstocks.com/2008/05/03/earnings-highlights-countrywide-visa-mastercard-kbr-office/#commentsFiled under: , , , , , ,

Here are some highlights from this past week's earnings coverage from BloggingStocks:

Continue reading Earnings highlights: Countrywide, Visa, MasterCard, KBR, Office Depot and others

Earnings highlights: Countrywide, Visa, MasterCard, KBR, Office Depot and others originally appeared on BloggingStocks on Sat, 03 May 2008 15:40:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ALGTAllegiant TravelAPAApacheAvonAVPCentexCFCCICignaCLColgateCountrywideCTXDBDeutsche Bankearningsearnings reportsfeaturedGardner DevnerGDIInternational PaperIPJacobs EngineeringJECJim CramerKBRMAMasterCardODPOffice DepotParker HannifinPGPHSavvisSVVSThomas WeiselTime WarnerTWPGTWXTYCTycoVisaWMGIWright MedicalSat, 03 May 2008 15:40:00 EST<![CDATA[Cramer on BloggingStocks: Nat gas dip was profit-taking, nothing more ]]>http://www.bloggingstocks.com/2008/04/28/cramer-on-bloggingstocks-nat-gas-dip-was-profit-taking-nothing/http://www.bloggingstocks.com/2008/04/28/cramer-on-bloggingstocks-nat-gas-dip-was-profit-taking-nothing/http://www.bloggingstocks.com/2008/04/28/cramer-on-bloggingstocks-nat-gas-dip-was-profit-taking-nothing/#commentsFiled under: , , , , , ,

TheStreet.com's Jim Cramer says it's not a strong-dollar sell -- the story here is still too good.

Why did natural gas go down last week? What was that? Inventories were down. The commodity price was up. The fuel itself is green. It is better than ethanol and it is being used to fuel an increasing numbers of cars and trucks.

The whole move down had to have been triggered by something, right? Yeah, how about the fact that the stocks were up a lot and were due for some profit-taking.

Recall that the real "reason" they went down is that the dollar "got strong," and that was supposed to trigger commodity deflation; natural gas is a commodity and is therefore going to go down. (Barron's made this very case this weekend, oblivious to the facts, but loving the theory.)

This kind of thinking is just so stupid that it shows you can get chance after chance after chance to own the fuel that can take care of the nation if we just let it. Of course, the stocks began to come back later in the week as threats of supply cut-offs of crude -- they came true this weekend -- made natural gas declines virtually impossible, despite the "sense" that it peaked. So the money has came back and I believe will continue to come back.

Continue reading Cramer on BloggingStocks: Nat gas dip was profit-taking, nothing more

Cramer on BloggingStocks: Nat gas dip was profit-taking, nothing more originally appeared on BloggingStocks on Mon, 28 Apr 2008 09:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>andarkoapaapacheapcbuffettchesapeakechkfeaturedjim cramerJimCramernaborsnbrquestarsouthwesternstrswnultrauplwrigleywwyxtoMon, 28 Apr 2008 09:05:00 EST<![CDATA[Analyst upgrades: Energy companies, utilities, Tailsman Energy]]>http://www.bloggingstocks.com/2008/03/26/analyst-upgrades-energy-companies-utilities-tailsman-energy/http://www.bloggingstocks.com/2008/03/26/analyst-upgrades-energy-companies-utilities-tailsman-energy/http://www.bloggingstocks.com/2008/03/26/analyst-upgrades-energy-companies-utilities-tailsman-energy/#commentsFiled under: ,

MOST NOTEWORTHY: Energy companies, Regulated and Diversified Utilities and Tailsman Energy were today's noteworthy upgrades:

  • Bernstein raised its 2008 oil forecast to $92.30/bbl, up 27%, and 2008 natural gas forecast to $8.30/mcf, up 7%. By 2012, the firm expects oil prices to be around $86/bbl and for gas to be $9.2/mcf. The firm upgraded Apache Corp (NYSE: APA) and XTO Energy (NYSE: XTO) to Outperform from Market Perform and EnCana (NYSE: ECA) to Market Perform from Underperform.
  • Goldman upgraded the Regulated and Diversified Utilities sub-sectors to Attractive from Neutral citing expected economic weakness, positive commodity exposure, and earnings growth. The firm upgraded American Electric Power (NYSE: AEP) to Buy from Neutral.
  • Citigroup upgraded shares of Tailsman Energy (NYSE: TLM) to Buy from Hold ahead of the company's annual meeting as they believe it will announce a new strategy of low risk resource development on existing acreage and that shares will react positively.

OTHER UPGRADES:

Analyst upgrades: Energy companies, utilities, Tailsman Energy originally appeared on BloggingStocks on Wed, 26 Mar 2008 11:48:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>aepamerican electricAmericanElectricanalystapaapacheccoclear channelClearChannelecaencanatalismantelecom italiaTelecomItaliatitlmupgradewatson wyattWatsonWyattwwxtoWed, 26 Mar 2008 11:48:00 EST<![CDATA[Option update: Apache volatility at 38 as shares near record high on $104 oil]]>http://www.bloggingstocks.com/2008/03/05/option-update-apache-volatility-at-38-as-shares-near-record-hig/http://www.bloggingstocks.com/2008/03/05/option-update-apache-volatility-at-38-as-shares-near-record-hig/http://www.bloggingstocks.com/2008/03/05/option-update-apache-volatility-at-38-as-shares-near-record-hig/#commentsFiled under:

Apache Corp. (NYSE: APA), an oil and gas exploration and development company, is recently trading at $115.10. Crude oil futures are at $104.10, up 4.60% according to Bloomberg. APA over all option implied volatility of 38 is above its 26-week average of 34 according to Track Data, suggesting larger price movements.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Option update: Apache volatility at 38 as shares near record high on $104 oil originally appeared on BloggingStocks on Wed, 05 Mar 2008 15:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>APAApacheWed, 05 Mar 2008 15:30:00 EST<![CDATA[The 52-week high club]]>http://www.bloggingstocks.com/2008/01/02/the-52-week-high-club/http://www.bloggingstocks.com/2008/01/02/the-52-week-high-club/http://www.bloggingstocks.com/2008/01/02/the-52-week-high-club/#commentsFiled under: ,

This would seem to be a hard day to find stocks hitting new highs, but some industries produced winners.

Silver Wheaton Corp. (NYSE: SLW): It was a good day for metals stocks. This one ran up to $19.16 against a 52-week low of $8.83.

Southwestern Energy Company (NYSE: SWN): It was a good day for energy stocks. SWN moved higher to $58.63 from 52-week low of $31.14.

Peabody Energy Corporation (NYSE: BTU): This coal company traded up to $63.97 from 52-week low of $36.20.

Apache Corporation (NYSE: APA): This oil and natural gas operator hit $111.78 compared to 52-week low of $63.01.

Akeena Solar, Inc. (NASDAQ: AKNS): This company licensed technology to Suntech Power Holdings Co., Ltd.(ADR) (NYSE: STP). It moved to $11.99 from 52-week low of $2.97.

Douglas A. McIntyre is an editor at 247wallst.com.

The 52-week high club originally appeared on BloggingStocks on Wed, 02 Jan 2008 16:51:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Akeena SolarAkeenaSolarAKNSAPAApacheBTUPeabody EnergyPeabodyEnergySilver WheatonSilverWheatonSLWSoutheastern EnergySoutheasternEnergySWNWed, 02 Jan 2008 16:51:00 EST<![CDATA[Apache: Right now, it's all about oil]]>http://www.bloggingstocks.com/2007/11/16/apache-right-now-its-all-about-oil/http://www.bloggingstocks.com/2007/11/16/apache-right-now-its-all-about-oil/http://www.bloggingstocks.com/2007/11/16/apache-right-now-its-all-about-oil/#commentsFiled under: , , , ,

Just call Apache a buying opportunity extraordinaire. Oil/gas exploration and development company Apache (NYSE: APA) has dipped about $10 from 52-week highs around $107.50 to about $97, due to oil's recent pull-back.

As a result, APA's p/e is down to about 15. A p/e of 15 may not seem that cheap, but given Apache's upside potential -- it is. Look for Apache to continue to achieve solid growth through internal investment and acquisitions. Apache has several key exploration discoveries set to enter development stage and will drill nine wells in Canada this winter as part of its oil shale operations.

Overall, analysts see Apache's oil and gas volumes increasing about 10%-12% in 2007 and 2008. Even better: the company believes it can generate double-digit production growth for the next decade. The Reuters F2007/F2008 EPS consensus estimates for APA are $7.54/$8.84.

Continue reading Apache: Right now, it's all about oil

Apache: Right now, it's all about oil originally appeared on BloggingStocks on Fri, 16 Nov 2007 09:39:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>APAApacheAustraliaCanadaEgyptenergygasoline pricesnatural gasoiloil explorationoil pricesoil stocksFri, 16 Nov 2007 09:39:00 EST<![CDATA[Cramer on BloggingStocks: Seven oil stocks to buy now]]>http://www.bloggingstocks.com/2007/11/15/cramer-on-bloggingstocks-seven-oil-stocks-to-buy-now/http://www.bloggingstocks.com/2007/11/15/cramer-on-bloggingstocks-seven-oil-stocks-to-buy-now/http://www.bloggingstocks.com/2007/11/15/cramer-on-bloggingstocks-seven-oil-stocks-to-buy-now/#commentsFiled under: , , , , ,

Jim Cramer on BloggingStocksTheStreet.com's Jim Cramer says you have to be bullish on the commodity when we're using more of it than ever, it's running out and $100 a barrel doesn't even sound crazy anymore.

Can you trust the International Energy Agency to be right about how oil demand will be blunted by high prices and how consumption will decline?

First, let's deal with demand. I haven't seen any slowing in demand in any of the indicators I use, in part because gasoline hasn't kept pace with the commodity. Cars, certainly, haven't made any strides in using less gasoline, and news right now out of Ford (NYSE: F) (Cramer's Take) is that there's really been no progress whatsoever.

How about heating demand? I have seen no switch whatsoever to another fuel because of the rise. Not one bit, or you would see a nat gas rally.

How about power plant demand? I am willing to think that some power plant manufacturers will debate switching, but building a new coal plant is something no one feels comfortable with without new standards. Nothing's happened along these lines, though.

Continue reading Cramer on BloggingStocks: Seven oil stocks to buy now

Cramer on BloggingStocks: Seven oil stocks to buy now originally appeared on BloggingStocks on Thu, 15 Nov 2007 09:08:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>APAApacheChevronConocoPhillipsCOPCVXExxon MobilExxonMobilFfeaturedFirst SolarFirstSolarFord MotorFordMotorFSLRinvestingJim CramerJimCramerMarathonMRONational OilwellNationalOilwellNRGoilRIGTransoceanXOMXTOThu, 15 Nov 2007 09:08:00 EST<![CDATA[Analyst upgrades: GSF, RIG, FTO, TSO and AUDC]]>http://www.bloggingstocks.com/2007/09/12/analyst-upgrades-9-12-07-gsf-rig-fto-tso-and-audc/http://www.bloggingstocks.com/2007/09/12/analyst-upgrades-9-12-07-gsf-rig-fto-tso-and-audc/http://www.bloggingstocks.com/2007/09/12/analyst-upgrades-9-12-07-gsf-rig-fto-tso-and-audc/#commentsFiled under: , ,

MOST NOTEWORTHY: GlobalSantaFe Corp, Transocean, Frontier Oil, Tesoro and Audio Codes were today's noteworthy upgrades:
  • JP Morgan upgraded shares of GlobalSantaFe Corporation (NYSE: GSF) and Transocean Inc (NYSE: RIG) to Neutral from Underweight based on valuation and improving deepwater rig fundamentals.
  • Frontier Oil Corporation (NYSE: FTO) was upgraded at Banc of America to Buy from Neutral as they believe the company's assets are ideally located to access cheap Canadian oil sands production. They feel the stock should trade closer to its replacement value, which they estimate at $55/share.
  • The firm also raised Tesora Corporation (NYSE: TSO) to Buy from Neutral, as the firm believes Terero is the best play on the extended refining cycle given its exposure to California.
  • CIBC upgraded shares of AudioCodes (NASDAQ: AUDC) to Sector Outperformer from Sector Performer on valuation after their checks suggested the company's business is stabilizing and cost cutting is tracking ahead of plan, which could bring upside EPS estimates.
OTHER UPGRADES:

Analyst upgrades: GSF, RIG, FTO, TSO and AUDC originally appeared on BloggingStocks on Wed, 12 Sep 2007 10:31:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>amgenamgnanalystapaapacheaudcaudiocodescognizantctshfirmfrontierftoglobalsantafegsfgsi commercegsicGsiCommercerecommendationrigsketchersskxteserotransoceantsoupgradeWed, 12 Sep 2007 10:31:00 EST<![CDATA[Microsoft's (MSFT) web server software makes significant gain in popularity]]>http://www.bloggingstocks.com/2007/08/24/microsofts-msft-web-server-software-makes-significant-gain-in/http://www.bloggingstocks.com/2007/08/24/microsofts-msft-web-server-software-makes-significant-gain-in/http://www.bloggingstocks.com/2007/08/24/microsofts-msft-web-server-software-makes-significant-gain-in/#commentsFiled under: ,

This ought to please the ad wizards in Redmond-based Microsoft Corp. (NASDAQ: MSFT). In two separate surveys recently, the results showed that Microsoft's Internet Information Server (IIS) product was growing faster than one of the world's most popular web server software systems -- the open source Apache Server that runs on the free Linux operating system. Maybe we'll see Microsoft CEO Steve Ballmer do another monkey dance soon.

Is this a celebration moment for Microsoftites? Possibly. NetCraft found that Microsoft's IIS was steadily gaining in popularity as a web-serving platform across the globe, and Port80 found that IIS was beating the free Apache web serving platform among enterprise systems in corporate America. Microsoft's web-serving systems have been around for quite some time, but have never been as popular as some of the competition (and Apache doesn't even cost anything).

Is Microsoft finally becoming a threat to open-source software at the computer server level? These surveys would seem to indicate that, although a few surveys in one year doesn't make an airtight case at all. There are also many things about the DIY nature of open-source computer systems that make survey results difficult to tabulate into meaningful data. Still, survey facts don't lie: Microsoft's IIS saw usage on 36.2% of all active web sites at the same time that Apache lost nearly a million web site names (dropping to a 48.4% market share).

[Disclosure: I own MSFT shares as of 8-24-07]

Microsoft's (MSFT) web server software makes significant gain in popularity originally appeared on BloggingStocks on Fri, 24 Aug 2007 14:10:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>apacheInternet Information ServerInternetInformationServerinthenewsMicrosoft IISMicrosoftIisMSFTFri, 24 Aug 2007 14:10:00 EST