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NBR's Short-Term Drivers Are Not Strong Nabors Industries' ( NBR ) short-term prospect is peppered with the U.S. onshore weakness. The upstream company's budget cut did prompt many legacy rigs to be stacked, although the rate of stacking is expected to decelerate in Q1 2020. By the start o...
The S&P 500 energy sector ( XLE -10.7% ) is today's worst performer, bringing its week-to-date losses to 29% and year-to-date losses above 50%. More news on: Energy Select Sector SPDR ETF, Marathon Petroleum Corporation, Plains All American Pipeline, L.P., Energy stocks news, Stocks ...
Plunging oil prices and the economic impact of the coronavirus could prompt a potential wave of debt restructurings and bankruptcies , especially in the energy and services sectors, analysts say. More news on: Oasis Petroleum Inc., Chesapeake Energy Corporation, Whiting Petroleum Corporat...
Oil prices tumbled again today as they continue to bounce around following the collapse of an oil market support agreement between Russia and OPEC. WTI, the U.S. benchmark, fell nearly 5% by 3:15 p.m. EST on Wednesday, pressured in part by OPEC's forecast that oil demand won't grow this year be...
Energy stocks ( XLE -3.3% ) take their customary place at the bottom of the S&P 500 sector standings, with crude oil down another ~2% after Saudi Arabia unveiled plans to raise its production capacity by a further 1M bbl/day to 13M bbl/day. More news on: Energy Select Sector S...
All but two of the 50 worst performing bonds of the day came from the energy sector, Reuters reports, led by a 6.875% January 2020 Oasis Petroleum (NASDAQ: OAS ) bond that has lost roughly half its value since Friday and traded at less than $0.27 on the dollar. More news on: Oasis Petrol...
Crude oil is having one of its worst days in years. At this writing, both Brent and West Texas crude futures are down 8%, extending a two-week sell-off that has seen oil lose nearly one-quarter of its value. Today's big drop is being driven by worries that an already oversupplied global oil mar...
Gainers: Digirad DRAD +122% . More news on: Tocagen Inc., Menlo Therapeutics Inc., ObsEva SA, Stocks on the move, , Read more ...
TransEnterix (NYSEMKT: TRXC ) -57% after pricing equity offering. More news on: TransEnterix, Inc., American Outdoor Brands Corporation, Bionano Genomics, Inc., Stocks on the move, , Read more ...
Crude oil prices are falling sharply again on Feb. 27, continuing a week-long sell-off as coronavirus outbreaks spread and fears of a global economic slowdown take hold. As of 12:26 p.m. EST, both Brent and West Texas crude futures had lost more than 2% of their value. If today's decline holds, ...
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2024-07-09 01:14:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-29 02:04:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
TORONTO, June 28, 2024 (GLOBE NEWSWIRE) -- Nubian Resources Ltd. (TSX-V: NBR | OTCQB: NBRFF) (“ Nubian ” or the “ Company ”) is pleased to announce the results of its annual and special meeting of shareholders (the “Meeting”) held earlier today. ...