Cyprus has found itself right in the middle of a geopolitical game in which its gas potential is a tool in a showdown between Russia and the European Union.
These three undervalued oil companies are concentrating on growing their production of crude oil, just like Hess.
Earnings beats from Google and IBM boosted Apple stock on Wednesday, as traders bet the one-time darling could regain some of its luster when it reports earnings after the bell.
"I think the market is psychologically prepared to continue without Apple, and if Apple gets involved, it could give it a little bit of an adrenalin shot," one pro said.
Here's what's moving Thursday midday:
There are 38 companies in the S&P 500 index that have not moved more than 2 percent positive or negative year-to-date.
Activism surrounding fracking has now migrated into the ranks of actual shareholders in the companies that perform fracking.
*Conoco 2012 spending seen at $15.5 billion- $16 billion. Oct 25- ConocoPhillips and Occidental Petroleum Corp reported quarterly results that topped Wall Street estimates as they produced more oil and gas than expected, even as lower prices hurt profits.
Oct 25- ConocoPhillips and Occidental Petroleum Corp reported quarterly results that topped Wall Street estimates as they produced more oil and gas than expected, even as lower prices hurt profits. Conoco had record output in the Eagle Ford basin in south Texas, while Occidental saw strong production of higher-priced crude oil in the Permian Basin.
Oct 25- Noble Energy Inc on Thursday said its third-quarter profit fell, as natural gas prices weighed and output was hit by disruptions from Hurricane Isaac. Profit in the quarter was $221 million, or $1.23 per share, compared with $441 million, or $2.39 per share, a year earlier.
HOUSTON-- Noble Energy, while wresting with falling natural gas prices and a hurricane in the Gulf of Mexico, topped Wall Street expectations for the third quarter. The Houston energy producer said Thursday that its net income totaled $221 million, or $1.23 per share, in the July-through-September quarter.
*Credit Suisse raises Range Resources Corp price target to $82 from. *Credit Suisse raises Anadarko Petroleum Corp price target to $99 from. *Credit Suisse raises Devon Energy Corp price target to $78 from $74.
*Credit Suisse raises Plains Exploration& Production Co. *Credit Suisse raises Range Resources Corp price target to $82. *Credit Suisse raises Anadarko Petroleum Corp price target to $99.
*Targets areas of Nevada where little drilling seen so far. *Noble has 350,000 Nevada acres. Oct 11- Noble Energy said on Thursday it plans to explore for crude oil in areas of Nevada that have seen little drilling, as the U.S. exploration and production company starts to assess its longer-term prospects.
*Deutsche Bank raises Noble Energy target price to $117 from $115. *Deutsche Bank raises Anadarko Petroleum target price to $93 from $91. *Deutsche Bank raises Bill Barrett target price to $26 from $24 For a summary of rating and price target changes on U.S. companies:.
*Wells Fargo cuts Bill Barrett to market perform from outperform. *Wells Fargo cuts Noble Energy to market perform from outperform. *Wells Fargo cuts PDC Energy to market perform from outperform.
*FBR cuts Diamond Offshore Drilling Inc to market perform from. *FBR cuts Rowan Companies PLC to market perform from outperform; price. *FBR raises Hercules Offshore Inc price target to $5.25 from $4.40;.
*Fifteen firms, consortium bid for Cyprus offshore blocks. NICOSIA, Oct 9- Cyprus is close to short-listing companies bidding for offshore oil and gas contracts in the energy-rich east Mediterranean, officials said on Tuesday.
LONDON, Oct 9- Ithaca Energy Inc:. *Acquisition of non-operated interests in cook and macculloch UK North Sea. *Total consideration is US $38.5 million.
*Barclays raises Anadarko Petroleum Corp price target to $85 from $84;. rating overweight* Barclays cuts Apache Corp price target to $116 from $117; rating overweight. *Barclays raises Devon Energy Corp price target to $67 from $66;.