Thursday, August 6, 2026
McDermott stock remains stuck below $1 per share- oil and gas 360

McDermott stock remains stuck below $1 per share

Houston Chronicle Stock prices for Houston oilfield service company McDermott International have remained stuck below $1 per share for more than week. Traded on the New York Stock Exchange under the stock ticker symbol MDR, McDermott slid below $1 per share on Nov. 8 and has yet to recover. An important clock has been triggered by the stock price dip. Under

Exclusive: Investors step up pressure on global energy watchdog over climate change- oil and gas 360

Exclusive: Investors step up pressure on global energy watchdog over climate change

Reuters LONDON/BRUSSELS – Fatih Birol, the head of the International Energy Agency (IEA), faced renewed pressure on Monday from investors and scientists concerned about climate change to overhaul the agency’s projections for fossil fuel demand. Pension funds, insurers and large companies were among 65 signatories of a joint letter to Birol, seen by Reuters, urging him to do more to

Gulfport Energy Corporation Appoints Alvin Bledsoe to its Board of Directors and gas 360

Gulfport Energy to cut jobs, halt share buybacks

Reuters NEW YORK – U.S. gas exploration and production company Gulfport Energy Corp (GPOR.O) on Monday confirmed that it would cut jobs, change its board and end its share buybacks, in a bid to reverse a slide in its stock price. Reuters had reported the news earlier in the day, citing sources. Gulfport shares, which fell 7.8% to $2.85 in

Paulson gives up opposition to reduced Callon-Carrizo deal- oil and gas 360

Paulson gives up opposition to reduced Callon-Carrizo deal

Reuters: Callon Petroleum Co shareholder Paulson & Co said on Monday it would now not oppose the U.S. shale producer’s purchase of smaller rival Carrizo Oil & Gas Inc, after the company last week sharply cut its offer. Billionaire investor John Paulson’s hedge fund, which had earlier said the deal was too expensive, also reduced its stake in Callon but