Oil & Gas Exploration & Production

Author: Ben Dickey, BSG&L Financial Services LLC Covestor models: Pure Growth and Growth Plus Income After huge volatility for most of 2011, the S&P 500 index ended the year about where it started.  Small and Mid-Cap stocks finished 2011 down around 4% and 2%, respectively. The...

According to Wunderlich Securities, Noble Energy (NYSE: NBL) price target is raised to $129. Wunderlich Securities said that Noble Energy (NBL) grew 2011 proved reserves by 11% to 1.2 billion boe with 120 MMboe of additions from the Marcellus JV and the horizontal Niobrara Play in the DJ basin....

Sterne Agee has published a research report on Noble Energy (NYSE: NBL) after the company reported strong EPS beat. In the report, Sterne Agee writes, "Noble shares may come under pressure today, as the headlines from 2012 guidance appear conservative. We look forward to getting more details on...

Noble Energy, Inc. (NYSE: NBL) today announced its 2012 capital program and provided guidance for the year. Total capital expenditures are estimated at $3.5 billion for the year. The capital program allocates 51 percent to onshore U.S., seven percent to the deepwater Gulf of Mexico, 22 percent to...

US stock futures are slightly lower this morning, as investors are awaiting jobless claims data. Futures for the Dow Jones Industrial Average dropped 11 points to 12,832.00 and S&P 500 index futures fell 2.10 points to 1,344.90. Nasdaq 100 futures dropped 4 points to 2,540.75. US stocks closed...

Corn Products International Inc (NYSE: CPO) is estimated to post its Q4 EPS at $1.08 on revenue of $1.63 billion. Dunkin' Brands Group Inc (NASDAQ: DNKN) is expected to report its Q4 earnings at $0.28 per share on revenue of $160.6 million. PepsiCo (NYSE: PEP) is projected to post its Q4 earnings...

Noble Energy, Inc. (NYSE: NBL) announced today a natural gas discovery at the Tanin prospect offshore Israel. The discovery well was drilled to a depth of 18,212 feet and encountered approximately 130 feet of gross natural gas pay in high-quality lower Miocene sands. The Tanin well is located in...

There will be plenty more quarterly reports this week for analysts and traders to peruse. On the schedule are Coca-Cola (NYSE: KO), Hasbro (NASDAQ: HAS), PepsiCo (NYSE: PEP), Time Warner (NYSE: TWX), Visa (NYSE: V), Walt Disney (NYSE: DIS), Whole Foods Market (NASDAQ: WFM) and Yum! Brands (NYSE:...

Credit Suisse initiates its coverage on Noble Energy (NYSE: NBL) with an Outperform rating and a price target price of $116 as the company has assembled an optimal portfolio for outsized growth with unmatched visibility. Credit Suisse comments, "While NBL is a consensus long, we believe there are...

Wunderlich Securities reiterates its Buy rating and $44 target price on Linn Energy (NASDAQ: LINE) as the company's distribution for the fourth quarter of 2011 come in line and coverage ratios remain strong. Wunderlich Securities notes, "LINN Energy, LLC (LINE) announced a distribution of $0.69/...