Occidental (NYSE:OXY) said today that its Board of Directors has declared a regular quarterly dividend of $0.01 per share on common stock payable on January 15,…
Tag: Oilfield Stocks
Citigroup: Hold rating on NexTier Oilfield Solutions
Citigroups Scott Gruber maintained a Hold rating for NexTier Oilfield Solutions (NEX) set a price target of $3.20. The company’s shares closed last Wednesday at…
NexTier Oilfield Solutions Stock is way down
NexTier is formally known as Keane Group, The company was founded in 1973 by the Keane family in Lewis Run, Pennsylvania. on July 2019 the…
Crude Oil slipping half a percent to the weakest closing price since Feb
U.S. West Texas Intermediate crude futures settled 25 cents lower at $53.25 per barrel, slipping half a percent to the weakest closing price since Feb….
Cramer Hating on Buffet? Calls the Berkshire, Occidental’s Deal ill-advised
Occidental revealed this week that Berkshire has committed to invest $10 billion in the company to help fund its proposed acquisition of Anadarko. Berkshire would…
Oil Stocks hit hard – No Good Deed Unpunished
U.S. shale drillers are cutting back on spending to deliver returns for shareholders, but investors are still selling off the stocks. The title of a…
GE to sell “101.2 million shares” $4 billion stake in Baker Hughes oilfield services
Under the deal, the Boston-based industrial conglomerate will sell up to 101.2 million shares on the market and Baker Hughes will repurchase another 65 million…