It may not feel like it, but according to one widely used metric, stocks are actually more expensive than they've been since 2005.» Read More
BP PLC rose$. 29 or. 7 percent, to $40.21. ConocoPhillips fell$. 28 or. 4 percent, to $65.54. Exxon Mobil Corp. fell$. 81 or. 9 percent, to $90.95.
BP PLC rose$. 34 or. 8 percent, to $40.26. ConocoPhillips fell$. 14 or. 2 percent, to $65.68. Exxon Mobil Corp. fell$. 76 or. 8 percent, to $91.00.
BP PLC fell$. 06 or. 2 percent, to $39.86. ConocoPhillips fell$. 45 or. 7 percent, to $65.38. Exxon Mobil Corp. fell$. 52 or. 6 percent, to $91.24.
MILAN, Jan 27- Embattled Italian oil services group Saipem is in pole position to win a contract worth up to $2 billion to replace pipes at the Kashagan oilfield in Kazakhstan, two sources with knowledge of the matter said on Tuesday. Saipem has had 10 billion euros wiped from its value over the past two years, hit by two profit warnings, a corruption investigation in...
HOUSTON, Jan 26- The United Steelworkers union signaled on Monday a strike by U.S. refinery workers may be necessary to win what it calls a fair contract from oil companies. Royal Dutch Shell Plc is leading the talks on behalf of companies ranging from supermajors such as Exxon Mobil Corp and BP Plc to smaller companies such as HollyFrontier Corp and Delek.
BP PLC rose $1.02 or 2.6 percent, to $39.92. ConocoPhillips rose $1.17 or 1.8 percent, to $65.82. Exxon Mobil Corp. rose$. 87 or 1.0 percent, to $91.76.
*Rock-Tenn and MeadWestvaco rally on merger deal. *D.R. Horton up after results, lifting homebuilders. "There was a lot of trepidation in the market going into the Greek election... but by this morning the Syriza win was priced into the market already," said Robert Francello, head of equity trading for Apex Capital in San Francisco.
*Rock-Tenn and MeadWestvaco rally, set to merge. In deal news, Rock-Tenn Co and MeadWestvaco Corp said they would combine to form a packaging company worth $16 billion, with MeadWestvaco shareholders owning a majority stake. Rock-Tenn shares jumped 6.7 percent to $67.19 while MeadWestvaco rose 14.5 percent to $51.59 as the S&P 500' s biggest percentage gainer.
BP PLC rose $1.12 or 2.9 percent, to $40.02. ConocoPhillips rose $1.08 or 1.7 percent, to $65.73. Exxon Mobil Corp. rose$. 67 or. 7 percent, to $91.56.
BP PLC rose$. 34 or. 9 percent, to $39.24. ConocoPhillips fell$. 06 or. 1 percent, to $64.59. Exxon Mobil Corp. fell$. 06 or. 1 percent, to $90.83.
"They were very prepared," said Frank Paskewich, a retired Coast Guard captain and president of Clean Gulf Associates Inc., an oil spill response cooperative. And Justice Department attorney Brandon Robers noted that his cooperative is funded by oil companies and led in part by BP. BP PLC's overall market value is $122 billion, but its lawyers have said that paying...
BILLINGS, Mont.— Federal officials have issued a $1 million penalty against Exxon Mobil Corp. for safety violations stemming from a pipeline rupture in 2011 that spilled 63,000 gallons of crude into Montana's Yellowstone River. Safety regulators said in part that Exxon Mobil had failed to adequately heed warnings that its 20- year-old Silvertip Pipeline...
BP PLC fell$. 08 or. 2 percent, to $38.90. ConocoPhillips fell$. 65 or 1.0 percent, to $64.65. Exxon Mobil Corp. fell $1.98 or 2.1 percent, to $90.89.
KANSAS CITY, Mo.— Twenty-eight oil companies and retailers have agreed to settle litigation claiming customers were knowingly overcharged when gas station fuel temperatures rose, plaintiffs announced Friday. Federal officials earlier consolidated about 50 lawsuits filed since 2006 from consumers across the country in the U.S. District Court in Kansas...
*Credit Suisse cuts Exxon to' underperform'. NEW YORK, Jan 23- U.S. stocks fell modestly on Friday, pressured by underwhelming corporate news including guidance from economic activity bellwether UPS and as materials stocks fell after bearish notes. Materials shares weighed on the S&P 500, falling 1.6 percent after Goldman Sachs cut its price target on various...
BP PLC rose$. 16 or. 4 percent, to $39.14. ConocoPhillips fell$. 11 or. 2 percent, to $65.19. Exxon Mobil Corp. fell $1.19 or 1.3 percent, to $91.68.
The order comes after Bridger Pipeline of Casper, Wyoming, announced plans to bury its line deeper beneath the Yellowstone to protect against future accidents. The Department of Transportation order would make that improvement mandatory and require identical action where the line runs beneath the Poplar River in northeast Montana. The Yellowstone is a...
BP PLC fell$. 29 or. 7 percent, to $38.69. ConocoPhillips rose$. 03 or percent, to $65.33. Exxon Mobil Corp. fell $1.10 or 1.2 percent, to $91.77.
BP PLC rose$. 16 or. 4 percent, to $38.98. ConocoPhillips rose$. 76 or 1.2 percent, to $65.30. Exxon Mobil Corp. rose $1.00 or 1.1 percent, to $92.87.
BP PLC rose$. 04 or. 1 percent, to $38.86. ConocoPhillips rose$. 18 or. 3 percent, to $64.72. Exxon Mobil Corp. fell$. 11 or. 1 percent, to $91.76.