More positive vaccine news, this time from Moderna, lift markets green and sending energy stocks soaring. The Dow Jones Industrial Average added 356 points, or 1.2%, and reached an intraday record. The S&P 500 rose 0.8% and the Nasdaq Composite
If you have listened to any of the recent M&A investor calls, you will notice two main themes that management highlights as reasons that make these deals attractive to investors: ESG commitments and cost savings from ‘synergies’. A few examples
Market sentiment back bullish as traders eye these new vaccines as a way to curb what are now rising COVID-19 in the US. “This week’s positive vaccine news is a game-changer in our view, as it allows the market to
Oil & Gas 360 Publishers Note: This is wild politics at it’s finest. Let’s see if Putin follows China and acknowledges today.
Singapore, 13 November (Argus) — China has finally congratulated Joe Biden on winning the US presidential elections, …
Stocks turn red amid rising COVID-19 cases, with Wednesday breaking a new record with over 140,000 confirmed cases. On the data front, initial weekly jobless claims fell last week to 709,000 from 757,000 in the prior week, the Labor Department
Well we found the combination to eliminate logistics loss, improve cash flow, and build your own success story. The team from Data Gumbo and Atlas RFID stopped by to talk about how technology is changing logistics in the energy space.
Tech stocks lead the way today as investor buy back shares of larger tech companies dragged down by the recent news of a coming vaccine. Apple gained 3%. Netflix climbed 1.1%. Facebook and Amazon rose 1.1% and 3%, respectively. Alphabet
Oil and Gas 360
We’re back! Monthly Energy Tracker Call (11/10/2020).
Join Haynes and Boone, AEGIS and EnerCom Tuesday, November 10 from 9:00 a.m.-10:00 a.m. CT for our next update on current energy issues involving capital markets, finance and …
We had a great talk about the CyberX's expertise in industrial and operational technology (OT) security and the recent acquisition by Microsoft. This is a great combination for the worldwide effort to secure energy, in all forms, from potential hackers
Rotations happening among the major indices as Dow Jones (composite of the top 30 capitalized companies) gains over 1% while other indices drop, with large losses in NQ, down over .5%
Amazon
As the 2020 election appears to be moving towards a close, what is in store for energy stocks…
…Stock up HUGE amid Pfizer and BioNTech announcing a vaccine for COVID19 that is 90% effective. Major indices hit all time highs, notably the S&P 500 and Dow Jones, NQ finishes flat (Zoom down BIG) as the pullback from the
If you have listened to any of the recent M&A investor calls, you will notice two main themes that management highlights as reasons that make these deals attractive to investors: ESG commitments and cost savings from ‘synergies’. A few examples
Stock up HUGE amid Pfizer and BioNTech announcing a vaccine for COVID19 that is 90% effective. Major indices hit all time highs, notably the S&P 500 and Dow Jones, NQ finishes flat (Zoom down BIG) as the pullback from the
Day three of the US presidential election leads to another rally in markets as the projected blue wave seems to have sputtered out. With a predicted split Presidential/Senate/House, markets run wild
Oil
Day two of the US presidential election leads to another rally in markets as the projected blue wave seems to have sputtered out. Even with a projected President Biden, the Senate looks to stay red which is generally supportive of
BIC
The Texas Oil and Gas Association (TXOGA), LMOGA and API have released an analysis that warns of negative consequences from a proposed ban on federal leasing on natural gas and oil development on public lands and waters. The offshore …
What US Election Outcome Means to Energy Outlook: S&P Global Platts Analytics Perspec…
…Markets open this week up ahead of the US election, with polls opening nation wide tomorrow morning. Stocks rose mainly of the theme that the election with be smoother than expected. Majors indices traded mostly flat, with NQ seeing a
Oil & Gas Publishers Note: Excellent article from the Morning Consult. Lisa Martine Jenkins brings up great points aligned with data.
Over the course of this election season, energy in the United States has been debated through the
Markets end the week red off fresh highs in COVID-19 cases and stimulus talks break down, driving the Dow Jones down over 450 pts. Tech shares lag as $AAPL reports weaker earnings off the back of slumping iPhone sales.
Reuters
(Reuters) – Liberty Oilfield Services LBRT.N reported a smaller-than-expected quarterly loss on Tuesday and forecast sequential growth in active frac fleets, as producers restore oil volumes, driven by an uptick in prices.
Frac fleets refer to equipment, labor, vehicles …
Bulls are back! Stock soar ahead of big tech earnings and better than expected GDP growth for the US. U.S. gross domestic product for the third quarter expanded at a 33.1% annualized pace, its fastest growth ever. The reading came
Another day, another red showing for all major indices as COVId-19 lockdown concerns sweep over the markets. Dow Jones finishes below 27,000 for the first time since mid April as investor swarm to save-haven assets. Even NQ takes a hit,
Biden’s Vacillating on Fracking Could Put America at Risk, said Energy Industry Leader Fr…
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Texas has always been involved in the energy space, but few women have had the impact like Elizabeth Ames Coleman. A two time Chairman of the Texas Railroad Commision, and Member of the Texas House of Representatives. Blanca Andrus,
Stocks fall again amid renewed COVID-19 pressures ahead off the 2020 presidential election. Major indices (beside NQ) turn red toward the end of the session, with NQ finding slightly green action due to stay at home orders
Platts
A sudden wave of consolidation in the Permian Basin after many months of deal-making silence is expected to continue in spurts in a trend that should expand to other regions such as the Bakken Shale and DJ Basin, energy …
Indices remain flat as hopes of a stimulus agreement before the election were dashed by poor sentiment and a tweet from President Trump.
“We’ve offered compromises, the speaker on a number of issues is still dug in,” said Treasury
