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Callon Petroleum Gains More Than 2%; Company Announces Acquisition And Share Offering
Wednesday, April 20, 2016 - 9:13am | 431Read More...Shares of Callon Petroleum Company (NYSE: CPE), an independent oil and gas company engaged in the exploration, development acquisition and production of oil and natural gas properties, gained more than 2 percent early Wednesday morning. Callon Petroleum reported after Tuesday's market close that it...
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JPMorgan Calls Concho Resources, Pioneer Natural Resources Top Large-Cap Picks In Permian-Focused E&P Group
Wednesday, December 9, 2015 - 10:40am | 633Read More...Michael Glick of JPMorgan initiated coverage of eight Permian Basin-focused E&P companies with a "positive view." Glick noted the companies with scale can benefit from a "resource multiplying effect." The analyst named Concho Resources Inc (NYSE: CXO) and Pioneer Natural Resources (NYSE: PXD)...
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Does The Permian Basin Have The Best Long-Term Growth Potential?
Tuesday, April 7, 2015 - 4:37pm | 432Read More...A new report by Morgan Stanley summarized the key takeaways from 2015 Permian Basin Summit in Midland, TX. The summit provided analysts with an in-depth look at the current exploration and production (E&P), service and midstream climates. E&P's Well-Positioned Not surprisingly,...
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Oil Prices Jump 8% As U.S. Active Rig Count Plummets
Monday, February 2, 2015 - 5:21pm | 407Read More...The price of WTI crude oil spiked more than 8 percent to around $48 per barrel on Friday, when Baker Hughes Incorporated (NYSE: BHI) released its weekly U.S. rotary drill rig numbers. An acceleration of falling rig counts could be an indication that the oil and gas industry is now moving more...
