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Exxon Mobil (XOM)

Exxon Mobil Corporation, through its affiliate Esso Exploration Angola (Block 15) Limited (Esso Angola), declared $3.5 million in grants for public health and education programs in Angola.
The ten grants, provided by the ExxonMobil Foundation, are aimed at combating malaria and expanding educational opportunities for women. The grants will be disbursed in partnership with national and international non-governmental organizations.

Dec 29 · 3:52:00 PM · Source: Scandanavian Oil and Gas Magazine
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by Michael Oliveto

Chevron (CVX)

Dividend.com is reporting that Chevron saw its coverage reinstated on Friday with a “Buy” rating by analysts at Bank of America/Merrill Lynch. The analyst also set a $105 price target on CVX shares, which had closed at $76.78 on Thursday. The analyst said that a group of new projects over the past 18 months will likely spur growth and set the company apart from its peers in the oil industry.

Dec 18 · 1:47:00 PM · Source: Dividend.com
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by Rich Pike

Whiting Petroleum Corporation (WLL)

Wells FargoWhiting Petroleum Corporation from Perform to Outperform.

Dec 18 · 1:11:00 PM
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by Rich Pike

Pengrowth Energy Trust (PGH)

Canaccord AdamsPengrowth Energy Trust from Hold to Buy.

Dec 18 · 1:05:00 PM
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by Rich Pike

Kayne Anderson Mlp Investment Company (KYN)

Wunderlich downgraded Kayne Anderson Mlp Investment Company from Buy to Hold.

Dec 17 · 8:48:00 PM
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by Rich Pike

Endeavor International Corporation (END)

Thomas Weisel initiated coverage for Endeavor International Corporation with a recommendation of Overweight.

Dec 17 · 8:30:00 PM
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by Rich Pike

Exxon Mobil (XOM)

Exxon Mobil agreed to buy XTO Energy Inc. for $31 billion. Owners of XTO will get 0.7098 share of Exxon for each of their shares, the companies said today in a statement. The transaction values XTO at $51.69 a share, 25 percent higher than its last closing price.
XTO is the largest producer of U.S. natural gas. This is a bet by Exxon Mobil that U.S. emissions restrictions will spur increased demand for natural gas.

Dec 14 · 1:30:00 PM · Source: Bloomberg.com
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by Rich Pike

Chevron (CVX)

Tokyo Electric Power Company has signed a deal to buy 4.1 million tons of liquefied natural gas per year from Chevron Corp’s Wheatstone project off Western Australia for two decades.
Under the $90 billion deal, Tokyo Electric will also take a 15% stake in Chevron’s holdings in the project and an 11.25% stake in Wheatstone’s onshore processing facilities.

Dec 7 · 2:47:00 PM · Source: Business Spectator
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by Michael Oliveto

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