Just months after amassing a war chest for American Energy Partners, his new drilling company, McClendon is actively trying to add to it.» Read More
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 7 percent to $34.41 with 19,173,400 shares traded. Bank of America Corp. rose. 2 percent to $16.04 with 64,587,000 shares traded.
CASPER, Wyo.— Oil companies that operate in Wyoming report that they are holding off on hydraulic fracturing and are waiting to complete newly drilled oil wells to save money during low oil prices. EOG Resources, headquartered in Houston, announced that it plans to delay fracking 285 wells. Chesapeake Energy, based in Oklahoma City, likewise plans to wait until...
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 2 percent to $34.64 with 20,989,000 shares traded. Bank of America Corp. rose 1.3 percent to $16.01 with 70,401,200 shares traded.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Bank of America Corp. fell 1.4 percent to $15.82 with 79,836,800 shares traded. Chesapeake Energy Corp. fell 2.3 percent to $16.81 with 16,103,400 shares traded.
February proved to be a strong month for U.S. stocks, even though it ended in downbeat fashion. It also brought the Nasdaq composite within striking distance of its March 2000 high. But the S&P 500' s 5.5 percent performance marked its best monthly increase since October 2011, and a turnaround from its 3.1 percent slide in January.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. rose. 8 percent to $34.50 with 22,938,400 shares traded. Bank of America Corp. fell 2.7 percent to $16.04 with 138,825,000 shares traded.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Hewlett-Packard Co., down $3.82 to $34.67. Lumber Liquidators Holdings Inc., down $18.15 to $50.63.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Alcoa Inc. fell 3.2 percent to $15.24 with 12,941,000 shares traded. Bank of America Corp. rose. 2 percent to $16.42 with 27,006,500 shares traded.
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at 1 p.m.:. Lumber Liquidators fell 16.9 percent to $57.18. ARC Document Solutions Inc. fell 16.5 percent to $8.19.
Feb 25- Chesapeake Energy Corp on Wednesday said it would slash its 2015 spending and rig count in response to low crude oil prices that also pushed its fourth-quarter profit below Wall Street expectations. Chesapeake forecast total capital expenditures of $4 billion to $4.5 billion this year, down from $6.7 billion in 2014.. Analysts at CapitalOne...
OKLAHOMA CITY— Shares of Chesapeake Energy slid in premarket trading Wednesday after the natural gas company announced fourth-quarter results that missed analyst expectations and said it planned to spend less in the new year. Chesapeake Energy earned $586 million, or 81 cents per share, in the fourth quarter. Shares of Chesapeake Energy Corp. fell almost 5...
Energy stocks rebounded as oil prices broke a five-day slide and climbed back above $50 a barrel. Wall Street also kept an eye on Federal Reserve Chief Janet Yellen's second appearance before Congress in two days. "The market is just trying to figure out whether the next move is up or down," said David Lebovitz, global market strategist at J.P.
Take a look at some of Monday's midday movers:
Top fund manager Bill Nygren views the precipitous fall in energy stock prices as creating "the area to be opportunistic in."
Some mutual fund managers who sidestepped the more than 25 percent decline in oil stocks since September are starting to jump back in.
NEW YORK, Jan 14- Few mutual fund managers pulled out of oil stocks before the price of crude began plummeting in the fall of 2014, according to Morningstar data. "We're not being too cavalier: some leveraged companies are going to die, and we're trying to pick our spots carefully," said Jayme Wiggins, lead portfolio manager of the $542 million Intrepid Small Cap fund.
Traders smelling blood—or maybe oil—in the water have piled into shorts against energy-related companies.
Jim Cramer is watching the oil patch like a hawk and has a few warning signs for what's about to happen.
CNBC's Jim Cramer says analysts need to cut their oil outlook in order for energy stocks to bottom.
NEW YORK, Jan 12- With nearly a quarter of U.S. energy shares' value wiped out by oil's six-month slide, investors are wondering if the sector has taken enough punishment and whether it is time to pile back in ahead of earnings reports later this month. "Things have changed a lot quicker than I thought they would," says Greg Doramus, sales manager at Orion Drilling in...