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Exxon, Chevron & BP Could Capitalize On Their Move To Offshore Fracking
(CVX), Exxon Mobil Corporation (XOM), Royal Dutch Shell ADR (RDS.A) and BP plc ADR (BP) to garner billions of dollars' worth of revenues.
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Can BP Beat Earnings Estimates For The Fourth Consecutive Quarter
BP plc (ADR) (BP) is all set announce its second-quarter earnings tomorrow before the market opens. At the beginning of its second quarter fiscal '14 (2QFY14; ended June 30), the company anticipated upstream production will lower, and that refining ...
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Why Are Oil Companies On A Selling Spree?
Royal Dutch Shell plc (ADR) (RDS.A), ExxonMobil Corporation (XOM) and BP plc (ADR) (BP) have been following a common trend since the beginning of 2013: divesting assets worldwide.
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BP plc Q2 Profits Rise; Revenue Dips (BP)
Bob Dudley, BP's CEO commented: �This was another successful quarter, delivering both operational progress and robust cash flow.
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Shell On Track To Make Come Back Despite Divestments
The project is located in the Gulf of Mexico, where Shell has a 71.5% stake and BP Plc (ADR) (BP) has a 28.5% stake.
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Shell's Cost Cutting Continues With 250 Lay Offs
One of the major reasons for the drop in the company's financial performance is the decline in refining margins, which remain a cause of concern for energy companies like BP plc (ADR) (BP). Shell reduced its capital expenditure by 9.4% year-over-year ...
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Kahn Boosts Stakes in BlackBerry Ltd, Citigroup Inc, BP PLC
Kahn Brothers acquired additional 46,560 shares of BP plc (ADR) (NYSE:BP) (LON:BP) bringing its stake in the British energy company to total of 906,415 shares worth approximately $47.8 million.
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Shell Continues Divestitures
BP plc (ADR) (BP) is implementing a similar strategy. It has disposed of $40 billion worth of assets since the Macondo oil-spill incident.
BP plc Given "Hold" Rating at Deutsche Bank (BP)
BP plc logo Deutsche Bank reaffirmed their hold rating on shares of BP plc (LON:BP) in a research note issued to investors on Wednesday.
BP plc Receives Hold Rating from Investec (BP)  Ticker Report
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Is Shell On Track To Achieve Its Goals For The Year?
On the other hand, Exxon's and BP's stock prices have declined 1.7% and 2.1%, respectively, while Chevron's stock price has increased 1.4% only.
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