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[Nexen has an energy source the world needs]]>http://www.bloggingstocks.com/2009/07/27/nexen-has-an-energy-source-the-world-needs/http://www.bloggingstocks.com/2009/07/27/nexen-has-an-energy-source-the-world-needs/http://www.bloggingstocks.com/2009/07/27/nexen-has-an-energy-source-the-world-needs/#commentsFiled under:

Alternative fuels and renewable energy are gaining market share as energy sources, but oil will nevertheless remain a dominant fuel for at least the next 15-20 years, which is why Nexen Inc. (NYSE: NXY) is worth a review.

Nexen, an independent, Canada-based global energy company, explores, develops and produces crude oil, natural gas, and related products in the U.K.'s North Sea, Gulf of Mexico, Western Canada, Yemen, Colombia, offshore West Africa and Norway.

Continue reading Nexen has an energy source the world needs

Nexen has an energy source the world needs originally appeared on BloggingStocks on Mon, 27 Jul 2009 18:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>NexenNXYMon, 27 Jul 2009 18:00:00 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[Analyst upgrades: Staples, Evergreen Solar, Genzyme]]>http://www.bloggingstocks.com/2008/05/14/analyst-upgrades-spls-eslr-and-genz/http://www.bloggingstocks.com/2008/05/14/analyst-upgrades-spls-eslr-and-genz/http://www.bloggingstocks.com/2008/05/14/analyst-upgrades-spls-eslr-and-genz/#commentsFiled under: , , ,

MOST NOTEWORTHY: Staples, Evergreen Solar and Genzyme were today's noteworthy upgrades:

  • Jefferies upgraded shares of Staples (NASDAQ: SPLS) to Buy from Hold following the company's raised bid for Corporate Express based on the increased chance the deal gets deal done and SPLS achieves meaningful EPS accretion.
  • Jefferies also raised Evergreen Solar (NASDAQ: ESLR) to Buy from Hold on valuation, as they believe concerns regarding capital needs are now priced into the stock and that the company continues to take risk out of its growth story through execution.
  • Bernstein upgraded Genzyme (NASDAQ: GENZ) to Outperform from Market Perform citing increased confidence in GENZ's product portfolio, geographic and therapeutic diversification, improved outlook, and valuation.

OTHER UPGRADES:

  • Sun Microsystems (NASDAQ: JAVA) was raised to Outperform from Market Perform at Wachovia.
  • BearingPoint (NYSE: BE) was upgraded at Goldman to Neutral from Sell.
  • Lehman upgraded Nexen (NYSE: NXY) to Overweight from Equal Weight.

Analyst upgrades: Staples, Evergreen Solar, Genzyme originally appeared on BloggingStocks on Wed, 14 May 2008 12:05:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>analystbebearingpointeslrevergreen solarEvergreenSolargenzgenzymejavanexennxysplsstaplessun microSunMicroupgradeWed, 14 May 2008 12:05:00 EST